Bob Bennie Wealth Management operates under the leadership of its president and founder. Bob Bennie has been a Certified Financial Planner® (CFP®) since 1997.
To earn the credential of Certified Financial Planner, an investment professional must fulfill four basic requirements. These are known as the four E's and include education, examination, experience, and ethics.
The education component requires the professional to have completed a bachelor's degree or equivalent within the context of a registered program. The program must cover all of the significant topic areas of financial planning, including investment and retirement planning, as well as financial plan development. The candidate's plan development study, required of all candidates enrolled in 2012 or after, must be a capstone program registered with the CFP Board and must include an evaluation of the candidate's ability to offer professional planning services.
Candidates who complete the education requirement may then take the CFP Certification Examination. To pass, a candidate must answer enough questions correctly to demonstrate a base level of competency, set by practicing CFP professionals.
The CFP credential also requires a candidate to demonstrate competency in real settings, either through 6,000 hours of practice that fulfill the two-part Standard Pathway guidelines or 4,000 hours that meet the requirements of the three-part Apprenticeship Pathway.
Those who fulfill this requirement, as well as the education and examination guidelines, must then complete a certification application that evaluates the candidate's background from an ethical viewpoint. Any matters of concern undergo official investigation, and no candidate receives credentialing until this step is complete. Further information on this and other requirements are available at www.cfp.net.
Securities and Advisory Services offered through Prospera Financial Services, member FINRA/SIPC
