In March 2003, as part of IAQFP Unification Initiatives, IAQFP introduced the QFP — Qualified Financial Planner designation, achieving two primary objectives; namely, the consolidation and unifying of 5 substantially equivalent Financial Planning designations (ChFC®, PFS™, CFP®, MSFS & MS, the latter two with a concentrated study of the Financial Planning methodology and learned discipline) under one, unifying single designation (moniker), QFP — Qualified Financial Planner (“One Profession—One Designation“). Secondly, the bringing about of a much clearer focus to the separate and distinct Financial Planning methodology and leaned discipline, and the specialized field of Financial Planning, from other fields and disciplines of Accounting, Insurance, Tax, Real Estate, Securities, Law, etc.
The next aspect of IAQFP Unification Initiatives was the introduction of the QFP Verification Registry of Qualified Financial Planners — a FREE, 24/7, online public resource located at www.IAQFP.org/qfp_registry — that consists of only those Financial Planning professionals who are IAQFP Certified—Financial Planners, universally identified as one who is a QFP — Qualified Financial Planner.
Persons who are Registered Investment Advisers (“RIAs”), or Investment Adviser Representatives (“IARs”) under a Broker-Dealer or other “RIA”, are required to have certain ADV Part II B disclosures. Still other persons, like Registered Representatives, are generally also required, by their Broker-Dealers, to provide sufficient explanation of the minimum qualifications, continuing education and other standards, to have obtained and/or to use professional designations like QFP.
What follows is the link to our Statement of Minimum Qualifications for the QFP — Qualified Financial Planner designation as well as its’ listing by FINRA.
- Statement of Minimum Qualifications for QFP Designation
- FINRA Web Listing of the QFP Designation https://www.finra.org/investors/professional-designations