Join Early Retirement Today
Thread Tools Search this Thread Display Modes
CFP - a benefit to investor?
Old 07-17-2010, 07:25 AM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
RonBoyd's Avatar
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 5,325
CFP - a benefit to investor?

Here is an interesting piece trumpeting the benefits of using a Certified Financial Planner:

Stepping Up Future of Planning Blog

We put the client ahead of ourselves. We don’t “produce” just because a sale is made. We “produce” because we have served the client’s best interests—especially when the client has trusted us to tell them what those “best interests” are.
And we need to tell the story. What of those who have cheerfully committed to placing their client’s interests ahead of their own? That CFP® licensees have stepped into accepting our fiduciary status is one of the great tales of the 21st century.

"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
RonBoyd is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 07-17-2010, 07:35 AM   #2
Thinks s/he gets paid by the post
Join Date: Jul 2003
Location: Pasadena CA
Posts: 2,717
Some have, but most I know of haven't. There is no fiduciary requirement placed on a CFP AKAIK. The tales of CFPs has been dismal rather than 'great'. That being said, there are some I recommend to friends who just have to have someone manage their money.

T.S. Eliot:
Old men ought to be explorers
yakers is offline   Reply With Quote
Old 07-17-2010, 09:04 PM   #3
Full time employment: Posting here.
Join Date: Nov 2009
Location: VA
Posts: 923
There are CFP's who will take your money and do a crappy job. There are CFP's who will take your money and do a great job.

There are salesmen who will take your money and do a crappy job. There are salesmen who will take your money and do a great job.

Take out the words "CFP" and "salesmen" above and insert any occupation and it will still hold true.
dgoldenz is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
SS widow/er benefit? molly FIRE and Money 0 10-03-2009 11:22 AM
Tax/Benefit Assumptions Midpack FIRE and Money 18 07-31-2008 07:59 AM
Yet another benefit to indexing Olav23 FIRE and Money 3 07-28-2007 10:59 AM
For those of you who benefit from Viagra... mickeyd Other topics 14 01-31-2007 06:00 PM
SS Benefit Changes? REWahoo FIRE and Money 1 11-28-2005 01:39 PM


All times are GMT -6. The time now is 03:27 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.