The Financial Planning Competency Handbook, published by John Wiley & Sons this week, is written by a range of CFPs and global experts and has been framed as part of the growing professionalism of the industry.
“The financial planning profession has long needed a book that encompasses not just the tactical pieces of putting together a financial plan, but also the academic underpinnings of a growing discipline,” said CFP board chief executive Kevin R Keller.
The CFP board also issued a statement accompanying the book’s release which said it would provide helpful insights for the entire profession.
“The Financial Planning Competency Handbook will discuss the theoretical content, actions, and contexts that are necessary in financial planning practice. This handbook, designed for the entire profession of financial planning, will provide a theoretical framework for many of the major content areas in financial planning, while also providing real-world guidance for practicing professionals,” the statement said.
“It will also contain competency levels relative to financial planning practice as well as avenues for furthering student achievement in financial planner preparation programs.”
