Welcome!

News Feed Item

CFP Board Moving to Computer-Based Testing For CFP® Certification Examination

New platform will offer more access and opportunities for exam-takers

WASHINGTON, Jan. 9, 2014 /PRNewswire-USNewswire/ -- Certified Financial Planner Board of Standards, Inc. announced today that it is transitioning to a computer-based testing platform for its CFP® Certification Examination, offering individuals more accessibility to complete initial certification requirements.

The move to computer-based testing (CBT) will be effective with the November 2014 exam. The final paper-based exams will be administered this March (March 21-22, 2014) and July (July 18-19, 2014).

"This move to computer-based testing provides test-takers increased opportunities to take the exam while retaining the rigor of the CFP® Certification Examination," said CFP Board's Chief Executive Officer Kevin R. Keller, CAE. "Those taking the CFP® Certification Examination will find a greatly improved experience that tests their knowledge of financial planning and helps prepare them to be ethical and competent Certified Financial PlannerTM professionals."

The CFP® Certification Examination is just one of several criteria  that need to be met in order to become CFP® professionals. In addition to passing the exam, candidates also must meet CFP Board's experience requirements, pass a background check, have a Bachelor's degree (or higher) and successfully complete a college-level program of study in personal financial planning.  

One of the greatest benefits to computer-based testing is that exam-takers will immediately have access to preliminary – though unofficial – results of their exam. Official results will be available within 1-2 weeks versus the current 5 weeks.

Additional benefits of computer-based testing include:

  • Convenient and Comprehensive One-Day Exam. The current exam is administered over a day and a half period with ten hours of testing time. With CBT, the exam will be administered in one day with six hours of testing time.
  • Expanded Number of Testing Dates. Currently there are three time windows (March, July, November) to take the exam. With CBT, there will still be three time windows, but there will be five testing days to choose from within those windows, for a total of 15 possible testing days.
  • Increased Number of Testing Sites. There are currently 50 paper-based sites. With CBT, there will be more than 250 testing sites in the United States where test-takers can go to sit for the exam. A site is located within 25 miles of nearly 90 percent of CFP® certification candidates.
  • Best Possible Exam Experience. These professionally-designed sites are quiet, comfortable, secure and accessible, offering exam-takers a consistent testing experience no matter which site they choose.
  • Online Scheduling. Exam-takers will schedule their exam online, providing them flexibility in selecting their test date and testing site within the five-day window the exam will be offered.
  • Equally Rigorous. The exam maintains the same content detailed in CFP Board's exam blueprint, representing the requisite knowledge and abilities to deliver financial planning services to clients.

In making the transition to CBT, CFP Board is joining many other certifying bodies that administer exams through computer based testing, including the National Board of Medical Examiners, National Association of Boards of Pharmacy, American Board of Surgery and the National Registry of Emergency Medical Technicians. The CPA exam as well as various FINRA exams are also administered through CBT.

Prometric, a leading provider in testing services, is serving as CFP Board's partner in administering the CFP® Certification Examination.

Frequently Asked Questions about the transition to CBT can be found here and on CFP.net.  

ABOUT CFP BOARD

The mission of Certified Financial Planner Board of Standards, Inc. is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for competent and ethical personal financial planning. The Board of Directors, in furthering CFP Board's mission, acts on behalf of the public, CFP® professionals and other stakeholders. CFP Board owns the certification marks CFP®, Certified Financial Planner™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.  CFP Board currently authorizes more than 69,000 individuals to use these marks in the U.S.

SOURCE Certified Financial Planner Board of Standards, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
StarNet Communications Corp has announced the addition of three Secure Remote Desktop modules to its flagship X-Win32 PC X server. The new modules enable X-Win32 to safely tunnel the remote desktops from Linux and Unix servers to the user’s PC over encrypted SSH. Traditionally, users of PC X servers deploy the XDMCP protocol to display remote desktop environments such as the Gnome and KDE desktops on Linux servers and the CDE environment on Solaris Unix machines. XDMCP is used primarily on comp...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...