📚 Fast Facts About the CFP® Exam 📚
RachelSeton_CFFP
CFFP Faculty & Instructors Posts: 102
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Looking to get a deeper understanding of the CFP® exam? Here are some fast facts to help you prepare for your journey:
- Exam Structure: The CFP® exam includes 170 multiple-choice questions across two 3-hour sessions, covering various financial planning topics.
- Pass Rates: The overall pass rate for the March 2023 exam was around 65%, meaning approximately one-third of candidates do not pass on their first attempt.
- Content Areas: The exam covers eight key areas, including Risk Management, Tax Planning, Estate Planning, and the Psychology of Financial Planning.
- Certification Milestone: By May 2024, there will be over 100,000 Certified Financial Planners, highlighting the growing demand for this credential.
- Global Recognition: Though primarily administered in the U.S., the CFP® certification is recognized worldwide, opening doors for financial planners across the globe.
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