How often (and how costly) do certified financial planners have to renew their certifications?

Prepwise AnswersCategory: Finance CareersHow often (and how costly) do certified financial planners have to renew their certifications?
Career Dev Staff Staff asked 7 years ago
1 Answers
Career Dev Staff Staff answered 7 years ago

To keep a Certified Financial Planner (CFP) certification current, you need to do the following:

-Pay the annual $325 certification fee (non-refundable)
-Submit a properly completed certification application (every two years)
-Complete 30 hours of continuing education (CE) accepted by CFP Board every two years
The CE requirement includes 28 hours in the accepted financial planning content areas and 2 hours of CFP Board approved ethics CE. Your renewal deadline will generally coincide with the month of your birth, and the initial continuing education (CE) requirement and renewal fee are prorated.