Should you get a Chartered Financial Consultant (ChFC)?

For money-minded consumers who need advanced financial planning services, a chartered financial consultant (ChFC) could be a great place to start. While ChFC may be less well known than the certified financial planner (CFP) designation, advisors who earn it actually have even more training designed to enhance their financial planning skills.

What is the difference between CFP & ChFC?

ChFC and CFP are two types of financial planning designations. ChFC is the designation for chartered financial consultants, and CFP is the designation for certified financial planners. These certifications verify a financial professional 's knowledge, expertise and commitment to upholding the highest ethical standards.

What is the difference between CFP & CFP certification?

Despite the similarities, there are some differences: One of the key differences is the focus of their education and training. While both certifications cover a wide range of financial planning topics, the CFP certification places more emphasis on comprehensive financial planning.