Are you considering becoming a Certified Financial Planner (CFP)? This prestigious certification can lead to a fulfilling and lucrative career in the financial industry, but it requires passing a rigorous exam.
To increase your chances of success, it’s essential to invest in a comprehensive CFP exam prep course.
With so many options on the market, it can be overwhelming to choose the right one for you. That’s why we’ve compiled a comprehensive comparison of the top CFP exam prep courses.
By examining the features, pros, and cons of each program, you can make an informed decision and feel confident in your exam preparation.
Let’s dive in and find the perfect CFP exam prep course for you.
Key Takeaways
- CFP certification can lead to a lucrative career in finance, but passing the CFP exam is required.
- Investing in a comprehensive CFP exam prep course can increase chances of success, and there are many options on the market.
- Top CFP exam prep courses include Kaplan, Dalton Education, Wiley, Keir Educational Resources, and ExamFX (which offers different packages at varying prices).
- To choose the right CFP exam prep course, assess your learning style and preferences, consider study plans and schedules, and assess the level of support and resources offered by the course. Finding the right fit greatly increases your chances of success on the exam.
Understanding the Importance of CFP Exam Prep Courses
If you’re serious about becoming a certified financial planner, you can’t afford to overlook the significance of CFP exam prep courses.
These courses are designed to help you prepare for the CFP certification exam, which is a rigorous and challenging test that requires a comprehensive understanding of financial planning concepts and principles.
Without adequate preparation, you may find yourself struggling to pass the exam and achieve your career goals.
CFP exam prep courses provide a structured and organized approach to studying for the exam, with a focus on key topics and concepts that are likely to be tested.
They also provide practice exams and quizzes, which allow you to test your knowledge and identify areas where you need to improve.
By taking a prep course, you can feel confident that you are fully prepared for the exam and have the best chance of passing on your first attempt.
Kaplan CFP Exam Prep Course
Kaplan’s CFP exam prep course offers interactive study materials such as quizzes and video lectures. These materials are designed to help you understand and retain the information you need to pass the CFP exam.
With Kaplan, you’ll have access to a wide range of study tools that are designed to fit your schedule and learning style. One of the key features of Kaplan’s CFP exam prep course is the personalized study plan. This plan is created based on your individual strengths and weaknesses, ensuring that you’re not wasting time on topics you already understand.
Additionally, Kaplan’s instructors are available to answer any questions you may have throughout your study process. With their help, you can feel confident that you’re fully prepared for the CFP exam.
Dalton Education CFP Exam Prep Course
You’ll love how Dalton Education’s CFP exam prep course provides you with personalized attention and resources to ensure your success. Their program includes live classes, self-paced study options, and exam review courses to help you prepare for the CFP exam. You’ll also have access to experienced instructors who provide one-on-one coaching and support to help you navigate the course and overcome any challenges you may encounter.
But what really sets Dalton Education apart is their unique study materials and resources. They offer a comprehensive set of study materials, including textbooks, workbooks, and online resources, that are designed to help you master the material and pass the CFP exam. Their online resources include practice quizzes and exams, audio and video lectures, and interactive study tools to engage you and reinforce your understanding of the material. Plus, they provide ongoing support and guidance throughout your studies to help you stay on track and achieve your goals.
| Pros | Cons | ||
|---|---|---|---|
| Personalized attention from experienced instructors | Higher cost than some other courses | ||
| Comprehensive study materials and resources | Limited self-paced study options | ||
| Exam review courses included | Live classes may not fit everyone’s schedule | ||
| Ongoing support and guidance | Overall, the course provides a high-quality learning experience for those willing to invest in their education and receive personalized guidance from knowledgeable instructors. |
Wiley CFP Exam Prep Course
You can’t go wrong with Wiley’s CFP exam prep course. It offers a wide range of study materials and resources to help you prepare for the exam.
The course includes over 1,000 practice questions, multiple choice quizzes, and mock exams that are designed to simulate the actual CFP exam. These resources are all available online, so you can study at your own pace and on your own schedule.
In addition to the online study materials, Wiley also offers live virtual classes and in-person review courses led by experienced instructors. These courses are designed to provide additional support and guidance as you prepare for the exam.
Furthermore, Wiley’s course includes access to a personal counselor who can answer any questions you may have about the course or the exam. With all of these resources and support, you can feel confident that you are well-prepared to pass the CFP exam with Wiley’s course.
Keir Educational Resources CFP Exam Prep Course
Looking for a top-notch way to prepare for the CFP exam? Keir Educational Resources offers an outstanding exam prep course with a variety of resources to help you succeed. Their course includes a comprehensive review of all the topics covered on the exam, as well as practice questions and exams to help you hone your skills and identify areas where you may need to focus more attention.
One unique feature of Keir’s course is their "Ask the Instructor"program, which allows you to connect with an experienced CFP professional who can answer any questions you may have about the material. Additionally, their course includes access to a mobile app, so you can study on-the-go and fit your exam prep into your busy schedule. Overall, Keir’s CFP Exam Prep Course is a fantastic choice for anyone looking to pass the CFP exam and advance their career in financial planning.
| Feature | Keir Educational Resources CFP Exam Prep Course |
|---|---|
| Comprehensive Review | Yes |
| Practice Questions and Exams | Yes |
| Ask the Instructor Program | Yes |
| Mobile App Access | Yes |
| Money-Back Guarantee | Yes |
ExamFX CFP Exam Prep Course
If you’re considering ExamFX for your CFP exam prep, there are a few key features to keep in mind. Their course includes interactive study tools, practice exams, and a mobile app for on-the-go studying.
However, like any course, there are also pros and cons to consider before making a purchase. Additionally, ExamFX offers a range of pricing and package options to fit different budgets and study needs.
Course Features
Once you’ve decided to pursue the CFP certification, it’s important to compare course features to ensure you’re getting the most comprehensive exam prep experience possible.
When evaluating the Course Features of ExamFX CFP Exam Prep Course, here are some things to consider:
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Interactive learning: ExamFX offers interactive learning using multimedia tools that help you learn the material effectively. From videos to practice questions, you can get a better understanding of the concepts and prepare yourself for the exam.
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Customizable study plans: The course allows you to create your own personalized study plan, based on your learning style and needs. You can set your goals and track your progress, making sure you’re on track to succeed.
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Exam simulations: The course also includes exam simulations that mimic the actual CFP exam, giving you the experience of taking the exam in a real setting. This can help you identify areas where you need more practice and build your confidence before the actual exam.
Overall, ExamFX CFP Exam Prep Course offers a range of features that can help you prepare for the CFP exam effectively. By providing interactive learning, customizable study plans, and exam simulations, the course aims to provide a comprehensive exam prep experience that can help you succeed in the CFP exam.
Pros and Cons
You’ll either love or hate certain aspects of ExamFX’s CFP Exam Prep Course, so it’s important to weigh the pros and cons before committing.
A major pro of ExamFX is the variety of study materials and resources available, including online video lectures, practice exams, flashcards, and study guides. This makes it easy to tailor your studying approach to your own learning style and preferences. Additionally, the course offers a money-back guarantee if you don’t pass the exam on your first try, which can provide some peace of mind.
On the other hand, some users have reported technical issues with the online platform, including slow loading times and glitches. The course is also relatively expensive compared to some other options, which may be a drawback for budget-conscious students. Additionally, some users have found the course content to be overly simplistic or not comprehensive enough, which could be a concern for those looking for a more in-depth review.
Ultimately, it’s important to consider your own priorities and preferences when evaluating whether ExamFX is the right choice for you.
Pricing and Packages
The cost of ExamFX may be a determining factor for those considering their options for CFP exam preparation. ExamFX offers several packages that vary in price and include different study materials and resources.
Their most affordable package is the Essentials package, which costs $199 and includes access to online study materials, practice questions, and a pass guarantee.
For those looking for more comprehensive study options, ExamFX offers the Exam Advantage package for $399, which includes everything in the Essentials package plus a printed textbook and flashcards.
They also offer a Live Online Review package for $699, which includes live online classes and one-on-one coaching sessions.
While ExamFX may not be the most affordable option on the market, their variety of package options and pass guarantee may make it worth the investment for some individuals.
Which CFP Exam Prep Course is Right for You?
Choosing the perfect CFP Exam Prep Course can be overwhelming, but finding the right fit is crucial for success. The first step in determining which course is right for you is to assess your learning style and preferences.
Do you prefer self-paced online courses or in-person classes with a live instructor? Are you someone who benefits from a structured study plan or do you prefer the flexibility to study on your own schedule? These are important factors to consider when selecting a course.
Another important factor to consider is the level of support and resources offered by the course. Some courses may offer personalized coaching and one-on-one support, while others may only offer access to study materials. It’s important to assess your own needs and determine which level of support will be most beneficial to you.
Ultimately, choosing the right CFP Exam Prep Course will take some research and self-reflection, but finding the right fit will greatly increase your chances of success on the exam.
Frequently Asked Questions
What is the cost of registering for the CFP exam?
To register for the CFP exam, you can expect to pay a fee of $695. This fee covers the cost of the exam itself, as well as a one-year subscription to the CFP Board’s digital learning tools.
Additionally, there may be fees associated with registering for the exam at a specific testing center or rescheduling the exam date. It’s important to note that this fee is separate from any costs associated with enrolling in a CFP exam prep course.
How long is the CFP exam and what is the passing score?
To answer your question, the CFP exam is a 6-hour long test that is split into two 3-hour sessions. The exam consists of 170 multiple-choice questions that cover a wide range of financial planning topics.
In order to pass the exam, you must score at least a 70% or higher. It’s important to note that the exam is not easy and requires a lot of preparation and studying. However, with the right resources and dedication, passing the CFP exam is achievable.
Good luck on your journey to becoming a Certified Financial Planner!
Are there any prerequisites for taking the CFP exam?
Before you can take the CFP exam, you must meet certain prerequisites. These include:
- Having a bachelor’s degree from an accredited institution.
- Completing a CFP Board-Registered Education Program.
- Having three years of relevant work experience.
Additionally, you must adhere to the CFP Board’s Standards of Professional Conduct and agree to undergo a background check. Once you meet these requirements, you can register for the exam and begin preparing for it with a reputable exam prep course.
Can I take the CFP exam online or do I need to go to a physical testing center?
You can’t take the CFP exam online, you need to go to a physical testing center.
The exam is administered by the Certified Financial Planner Board of Standards (CFP Board) and they require all candidates to take the exam in person at one of their testing centers.
The CFP Board has testing centers located throughout the United States and in some international locations.
You’ll need to schedule your exam date and location through the CFP Board’s website.
On the day of your exam, you’ll need to bring two forms of identification and follow the testing center’s rules and regulations.
Good luck on your exam!
How long does it typically take to complete a CFP exam prep course?
If you’re wondering how long it typically takes to complete a CFP exam prep course, the answer can vary depending on the course you choose and your own schedule.
Some courses may take as little as a few weeks to complete, while others may take several months.
It’s important to choose a course that fits your learning style and pace, and to give yourself enough time to thoroughly review all of the material.
Keep in mind that the CFP exam is a rigorous test, so you want to make sure you’re fully prepared before you take it.
Conclusion
Congratulations on making it through our comprehensive comparison of CFP exam prep courses! By now, you should have a good understanding of the importance of these courses, as well as the pros and cons of each option.
As you consider which CFP exam prep course is right for you, remember to take into account your personal learning style, budget, and time constraints. It may also be helpful to read reviews and ask for recommendations from colleagues or industry professionals.
Ultimately, the key to success on the CFP exam is a combination of dedication, hard work, and a high-quality exam prep course. We wish you the best of luck on your journey towards becoming a certified financial planner!
