by GarySpicuzza » Sun Apr 05, 2009 08:48 pm
CFP - Certified Fraudulent Planners
Click Check out your Florida CFP.com to see if your Certified Fraudulent Planner is ACTUALLY just a Life Insurance Agent charging you a fee PLUS earning a BIG commission!
:P I earned $0.2998 cents for this post! :D
:arrow: A penny SAVED is a penny EARNED! 8)
Click Check out your Florida CFP.com to see if your Certified Fraudulent Planner is ACTUALLY just a Life Insurance Agent charging you a fee PLUS earning a BIG commission!
:P I earned $0.2998 cents for this post! :D
:arrow: A penny SAVED is a penny EARNED! 8)
Posted: Thu Apr 09, 2009 07:11 pm Post Subject:
Gary example of the law graduate and the attorney is really a nice analogy in this respect . I must admit that all the CFP's are need to be good insurance agents.
I am very well confident on my statement that without involvement of insurance business in one's portfolio the CFP can not be called as a full proof CFP, rather a handicapped. :wink:
Posted: Fri Apr 17, 2009 12:12 pm Post Subject:
I am really curious about the duty of the insurance agent and certified financial planner .What are the possible differences between the duties? OK CFP may look about overall portfolio of the client but still there is difference because people won't go to CFP just to purchase a insurance policy.
A "CFP" has no real world meaning in terms of job duty. It means that someone has passed an exam and has some experience. A CFP could be a bank teller or an insurance agent or a short order cook or someone who makes their money doing financial planning.
The reality is that a "CFP" allows a person to do absolutely nothing. Does having a "CFP" allow someone to charge a fee for financial planning and making investment recommendations? Nope. In order to do that, a series 65 or 66 is needed.
A Series 6 has meaning. A Series 7 has meaning. A 65 has meaning. A 66 has meaning. A CFP has no meaning in terms of actually being able to do something.
None of the above is meant to belittle the CFP designation. It does indicate that the advisor has a little bit of knowlege in a bunch of areas. This is a good thing.
Posted: Wed Sep 14, 2011 03:21 pm Post Subject: to tell the truth
if you know whatsi true it can not be conveyed to the public untill it has been scrubed by the company compliance dept
therfore you are not an investment professional,just an investment pimp.
Posted: Sat Jun 23, 2012 11:33 am Post Subject: YKtImEKXKynMMBegqu
Yup, that sohuld defo do the trick!
Add your comment