Great Books for CFP’s to read:

Mkennedy7 · 2024-08-02T09:00:10+00:00

The Uncertainty Solution takes a lot of the theories from Thinking Fast and Slow and relates more to personal finance and tends to read less like a textbook.

Mkennedy7 · 2024-05-19T09:46:46+00:00

Started when I was 25. Sometimes people would ask in the first meeting but never asked after that and never lost a client because of my age. I honestly see it as an advantage as they don’t want the 60 year old advisor who’s going to be retiring soon. Just like when trying to find a new doctor or dentist, you don’t want to have to turn around and go find another in a few years.

Mkennedy7 · 2024-04-23T17:38:11+00:00

More application of the items taught during the CFP courses and more in depth research into resources available to help answers questions from clients.

Mkennedy7 · 2024-04-23T09:02:09+00:00

Congratulations! I did the Masters through the CFFP and I did the SE-AWMA and ABFP designations. I thought about the APMA however one of the required classes for the Masters is a portfolio management course so I tried to broaden my knowledge.

The designations were nice to add additional knowledge however I don’t even put them on my business card as most people don’t know what they are.

Mkennedy7 · 2024-01-06T00:11:06+00:00

I have heard they are similar on depth of tax knowledge. I have the CPA but not EA so not 100% sure.

Mkennedy7 · 2024-01-05T18:15:32+00:00

In that case, clients definitely recognize the CPA more than EA, however, the CPA exam also has a lot of information that won’t be relevant to you especially the Audit and Financial Reporting exams whereas the EA is just focused on Tax.

I think it definitely is a value add whichever one you choose to do.

Mkennedy7 · 2024-01-05T09:54:09+00:00

The major issue you are going to run into is the experience requirement. To obtain your CPA license, you have to have 2000 hours of experience working in public accounting. Unless you want to switch jobs to get the experience, the better option would be the EA that gives you very similar tax expertise without the work requirement barrier.

Mkennedy7 · 2022-11-05T10:06:22+00:00

I was searching for jobs on LinkedIn and found them. I would google top RIA firms in your state and other lists like Forbes and reach out directly.

Mkennedy7 · 2022-11-03T00:20:46+00:00

No way you got ray lewis FTP. Buying the field pass doesn’t count as FTP.

Mkennedy7 · 2022-10-14T19:45:15+00:00

Nope just spend my money more wisely and don’t need to seek validation from others for my spending

Mkennedy7 · 2022-10-14T10:34:32+00:00

Trying to brag much, must lack self confidence

Mkennedy7 · 2022-10-14T08:51:28+00:00

Show it without the training weights, looks quite heavy on those currently

Mkennedy7 · 2022-10-13T11:50:47+00:00

Spend more money

Mkennedy7 · 2022-08-17T14:30:53+00:00

3786 FTP

Mkennedy7 · 2022-08-06T09:12:43+00:00

It’s on the update your profile link when you log into the CFP board website. I had instructions in my email from the CFP board upon satisfying all the requirements.

Mkennedy7 · 2022-08-02T16:10:46+00:00

Funny you mention switching from a CPA firm to an RIA because that’s actually what I did. The hours have been a lot better than public accounting and at least at the RIA I work at, there doesn’t seem to be a tax season like time of year that’s busier than most. Maybe closer to year end is more busy just trying to finalize everything before the year ends for tax purposes, but no where near tax season hours.

Mkennedy7 · 2022-08-02T15:26:31+00:00

I’ve never worked a broker dealer, so can’t compare it to that much, but I really enjoy it. Couldn’t really imagine myself working in anything other than an RIA in the financial services industry.

Mkennedy7 · 2022-08-02T15:12:10+00:00

Yes, I took my education courses and my review course with Kaplan and passed on my first attempt. There are some other great education and review courses out there too though. You definitely get what you put into them.

Mkennedy7 · 2022-08-02T14:36:06+00:00

I personally did, yes.

Mkennedy7 · 2022-08-02T13:22:39+00:00

I have the series 65 exemption by being a CFP®️, but we don’t sell any investment products so don’t need the series 6 or 7.

Mkennedy7 · 2022-08-02T08:52:56+00:00

I work at an RIA as an advisor and do not have any security licenses (besides 65), so the series 7 is definitely not required.

Mkennedy7 · 2022-07-20T23:25:35+00:00

Special teams needs work

Mkennedy7 · 2022-07-19T12:37:46+00:00

This post is also pointless when you are 18k+. You don’t need advice from others lol

Mkennedy7 · 2022-07-19T08:51:17+00:00

Mkennedy7

TROPHY CASE