After certification, CFPs® also focus on financial planning, investment strategies, and wealth management.
Generally, CFPs® offer two main types of services—financial advice and financial planning. A CFP® can help with a particular financial challenge or work with you to develop a comprehensive financial plan.
Similar to a financial advisor, CFPs® may focus their practice in certain areas, such as equity compensation or insurance planning. Others may have expertise in dealing with certain kinds of situations, such as military families or clients with multiple businesses and complex finances.
Finding an advisor that's right for you
Whether you decide to work with a financial advisor or CFP®, find an advisor that puts your interests first–this is what’s known as a fiduciary. Many financial advisors are fiduciaries, but some are not. All CFP® professionals however are fiduciaries as they have committed to the CFP® board and are required to act in their client’s best interests.
Whether you’re just getting started in your career, saving for the future, or trying to pay your bills and get out of debt–know that there’s an advisor for you. You can find a financial professional here today. When reviewing available advisors, you will also see if they have a CFP® designation by their name or not. Altruist is happy to report that if you’re searching for an advisor through us, they do work as a fiduciary. No matter what stage you are in, partnering with a professional and prioritizing financial planning can help you reach your goals.
Financial advice for real people, by real people. You shouldn't need a degree to understand your money.