📚 Fast Facts About the CFP® Exam 📚

RachelSeton_CFFP
RachelSeton_CFFP CFFP Faculty & Instructors Posts: 102

Looking to get a deeper understanding of the CFP® exam? Here are some fast facts to help you prepare for your journey:

  1. Exam Structure: The CFP® exam includes 170 multiple-choice questions across two 3-hour sessions, covering various financial planning topics.
  2. 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.
  3. Content Areas: The exam covers eight key areas, including Risk Management, Tax Planning, Estate Planning, and the Psychology of Financial Planning.
  4. Certification Milestone: By May 2024, there will be over 100,000 Certified Financial Planners, highlighting the growing demand for this credential.
  5. Global Recognition: Though primarily administered in the U.S., the CFP® certification is recognized worldwide, opening doors for financial planners across the globe.