53 min
CFFP #05 - Inside the CFP Exam and What You Need to Pass ft. Gary O. Clement Conversations for Financial Professionals
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- Careers
Welcome to another episode of the Conversations for Financial Professionals podcast where we are shaping the next generation of financial advice.
Today we have Gary Clement. Gary is President of Clement Asset Management, LLC, a financial planning and investment management firm, a lead instructor in the Kaplan Schweser Certified Financial Planning Program, an adjunct professor at the College for Financial Planning, and an assistant professor at the University of Alabama. Gary also holds several professional designations and multiple educational degrees.
Today we discuss: what it means to be a Certified Financial Planner™; the difference that this certification can make in the eyes of the public; where Gary see’s the profession headed; as well as, some techniques of how to pass the exam (i.e. what to focus on!)
Show Highlights
Gary’s POV on the obstacles and opportunities of 2020. (03:00)
What it takes to have the title “financial advisor” and why there are currently less than 90,000 individuals holding the Certified Financial Planner™ designation versus more than 350,000 individuals identifying themselves as “financial advisors”. (05:19)
Gary speaks on why he feels the profession will move toward “behavioral finance” as a matter of priority instead of happenstance. (09:08)
Why individuals with no financial background have an advantage earning the Certified Financial Planner™ designation. (22:10)
Gary shares his thoughts on the two main reasons people do not pass the Certified Financial Planner™ exam on the first try. (24:29
Resources:
Read the blog.
If you'd like to connect with Gary, click here.
Are you a current or aspiring financial professional? Click here to receive tools that will help you become a next-generation financial professional!
Watch a video clip of this episode on our YouTube channel by clicking here.
To receive a newsletter digest of Jumpstart community happenings, click here.
Subscribe to the podcast by clicking here.
Want to connect with me? Join my exclusive “tribe” by clicking here.
Thanks again for listening, reading, and watching!
Conversation Transcript:
00:00:00DominiqueHey there. Welcome to conversations for financial purposes!
00:00:04DominiqueA podcast to help shape the next generation of financial advice. I'm your host Dominique Henderson today we'll be talking with friend and colleague Gary Clement, who is not only on the practitioner side as president of Clement asset management, but has spent many years in academia, teaching CFP candidates, the actual education and the tools that it's going to take to pass this exam. He has done a stint of academia at many institutions, including Kaplan certified financial planning program, the college for financial planning. Most recently the University of Alabama in today's conversation, we will be handling the topic of what it takes to actually pass this rigor of the CFP exam. We're going to be taking you inside with some of the strategies and the techniques that Gary has told his students and CFP candidates to use to pass this exam on the very first time, we're also going to talk about what you need as a career changer, and what you should be thinking about as you go down this journey.
00:01:15DominiqueWe're also going to be talking about where the financial planning profession is headed. There are a lot of things in regards to robo-advice and technological advances that may scare you away from this profession. Gary is going to reinforce and underscore the importance of really good financial planning and why only humans can do that. I want you to sit back because you're going to leave this conversation with knowing what it takes to pass this rigorous exam so that you can be a successful financial professional and create those deeper relationships with your ideal clients along the way. And now for our conversation with Gary,
00:01:53DominiqueWelcome to another episode of the conversations for financia
Welcome to another episode of the Conversations for Financial Professionals podcast where we are shaping the next generation of financial advice.
Today we have Gary Clement. Gary is President of Clement Asset Management, LLC, a financial planning and investment management firm, a lead instructor in the Kaplan Schweser Certified Financial Planning Program, an adjunct professor at the College for Financial Planning, and an assistant professor at the University of Alabama. Gary also holds several professional designations and multiple educational degrees.
Today we discuss: what it means to be a Certified Financial Planner™; the difference that this certification can make in the eyes of the public; where Gary see’s the profession headed; as well as, some techniques of how to pass the exam (i.e. what to focus on!)
Show Highlights
Gary’s POV on the obstacles and opportunities of 2020. (03:00)
What it takes to have the title “financial advisor” and why there are currently less than 90,000 individuals holding the Certified Financial Planner™ designation versus more than 350,000 individuals identifying themselves as “financial advisors”. (05:19)
Gary speaks on why he feels the profession will move toward “behavioral finance” as a matter of priority instead of happenstance. (09:08)
Why individuals with no financial background have an advantage earning the Certified Financial Planner™ designation. (22:10)
Gary shares his thoughts on the two main reasons people do not pass the Certified Financial Planner™ exam on the first try. (24:29
Resources:
Read the blog.
If you'd like to connect with Gary, click here.
Are you a current or aspiring financial professional? Click here to receive tools that will help you become a next-generation financial professional!
Watch a video clip of this episode on our YouTube channel by clicking here.
To receive a newsletter digest of Jumpstart community happenings, click here.
Subscribe to the podcast by clicking here.
Want to connect with me? Join my exclusive “tribe” by clicking here.
Thanks again for listening, reading, and watching!
Conversation Transcript:
00:00:00DominiqueHey there. Welcome to conversations for financial purposes!
00:00:04DominiqueA podcast to help shape the next generation of financial advice. I'm your host Dominique Henderson today we'll be talking with friend and colleague Gary Clement, who is not only on the practitioner side as president of Clement asset management, but has spent many years in academia, teaching CFP candidates, the actual education and the tools that it's going to take to pass this exam. He has done a stint of academia at many institutions, including Kaplan certified financial planning program, the college for financial planning. Most recently the University of Alabama in today's conversation, we will be handling the topic of what it takes to actually pass this rigor of the CFP exam. We're going to be taking you inside with some of the strategies and the techniques that Gary has told his students and CFP candidates to use to pass this exam on the very first time, we're also going to talk about what you need as a career changer, and what you should be thinking about as you go down this journey.
00:01:15DominiqueWe're also going to be talking about where the financial planning profession is headed. There are a lot of things in regards to robo-advice and technological advances that may scare you away from this profession. Gary is going to reinforce and underscore the importance of really good financial planning and why only humans can do that. I want you to sit back because you're going to leave this conversation with knowing what it takes to pass this rigorous exam so that you can be a successful financial professional and create those deeper relationships with your ideal clients along the way. And now for our conversation with Gary,
00:01:53DominiqueWelcome to another episode of the conversations for financia
53 min