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Group is spreading the word of standards for planners

These days, almost anyone can hang out a shingle and claim to be a financial planner—a situation the Certified Financial Planner Board of Standards is dedicated to changing. “Incompetent and unethical people calling themselves financial planners have given bad advice to consumers, costing some consumers huge financial loss,” said CFP Board CEO Kevin Keller in a recent interview at his downtown Washington, D.C., office. “Your barber has to be licensed, but financial planners don’t.” So Keller’s 501(c)(3) organization is working toward certifying more personal financial planners, and upholding its certification program as the industry gold standard. Its mission is… Read More