Chartered Financial Planners
What does "chartered financial planner" mean and why is it so important?
Chartered financial planner status brings with it several serious obligations. Chartered titles, not awarded lightly, are jealously guarded by professional bodies. A chartered title is not simply recognition for staff having passed examinations: when extended to firms, it carries additional significance.
The chartered financial planner title is a public declaration that the financial advice given by a firm:
- is of the highest quality.
- is based solely on the researched needs of each client.
- is provided by someone not exceeding his/her level of competency.
It also signifies that a firm’s employees, where they are members of the Chartered Insurance Institute (CII), are governed by a code of ethics and conduct and that disciplinary sanctions are applied to those who transgress.
A chartered title is a commitment, therefore, to an overall standard of excellence and professionalism.