By Mark DiGiovanni, CFP
Let me get this out of the way right at the beginning – in my opinion, there is only one kind of financial planner, and that’s a CERTIFIED FINANCIAL PLANNER professional. Those who are not CERTIFIED FINANCIAL PLANNER professionals, but call themselves financial planners, are attempting to be viewed as part of a profession for which they have not yet qualified.
Continue reading Financial Planning: The Right Profession for the Right Reasons
By Sunho Kim, CFP
I didn’t know anything about life insurance until I began working for a life insurance company in1986. After I did the company training course, which involved me going to the Korea Insurance Institute, I became aware of the importance of insurance, and especially life insurance.
Continue reading My Financial Planning Career Has Only One “License”: CFP Certification
By Taylor Liao, CFP
CFP certification has been in Taiwan for around 10 years, but the financial planning profession is still developing. There is one statistic that really sticks out here in Taiwan: a very low percentage of individuals who receive their CFP certification actually become financial planners. What happened to those people who spent lots of time and money studying for and passing the exam?
Continue reading How to Run a Successful Financial Planning Firm and Why So Many Others Fail
By Noel Maye, CEO, Financial Planning Standards Board
At the global meeting of Financial Planning Standards Board in Washington, D.C. last month, we released “The Global Practice of Financial Planning,” an international research report that highlights the results of a ground-breaking study on the global practice of financial planning. The research, based on a survey of 11,147 CFP professionals in 11 countries and territories, told us what tasks, knowledge and skills CFP professionals considered the most important and applicable in their everyday practices.
Continue reading How Important are Ethics and Standards? Just Ask a CFP Professional
By Junesoo Chang, CFP
In Korea, the financial planning profession is not yet widely recognized by the public. Likewise, not many Koreans distinguish financial planners from ordinary financial advisors. I think financial planning is still in its early stages here.
Continue reading The State of the Financial Planning Profession in Korea
By Mark DiGiovanni, CFP
Before I jump into the main topic, allow me to address the potential distraction of “advisor” vs. “adviser.” Both spellings are technically correct for our purposes. I prefer “advisor” for a couple of reasons. First, I feel that “advisor” conveys a certain respectability and panache that “adviser” just seems to lack. Second, my broker-dealer refers to “advisory” services, and I don’t want my clients thinking one of us can’t spell.
Back to the main topic – is there a difference between a financial planner and a financial advisor, and, if so, what might that difference be?
Continue reading How is a Financial Planner Different from an Advisor?
It is quite an established fact that India has arrived on the world map. In such a growing and increasingly complex market-oriented economy such as India’s, which is experiencing increased integration with global trade and finance, the financial system is an important element in the country’s future growth trajectory.
Continue reading Financial Planning Changing and Growing in India
Republic of Korea
Jaeki Jung is manager of FLP Consulting Co., Ltd., in Seoul. Previously, he was a financial planner for FN STARS Co., Ltd., and IFPK Co., Ltd., and served as a senior researcher for the Korean Educational Development Institute. Jung has been a panel member on the O Broadcasting System’s “Live OBS—My Financial Doctor,” has lectured on financial management and has appeared in Korea Economic Daily and Maeil Business Newspaper.
In 2009, he won an award in the Best Financial Planning Contest held by the Korea Financial Planner Association. Jung, who also provides free financial planning consulting for low-income families in Seoul, has as his goal to help clients plan and dream their life along with financial information and
Continue reading Jaeki Jung, CFP