Originally posted by l/l/rX
do you even know what a pfp/ cfp is? The cfa in comparison to the pfp/cfp is like black and white dude.
The CFP i believe you have a year to complete like the CSC. The test(s) I think there's one or 2 of them are like an hour long. Where as your CFA tests, there are 3 of them at 6 hours long, each.
the cfp you deal with personal planning, to name a few: financial planning, insurance planning, estate planning, retirement planning, etc etc.
cfa you're basically doing analyst stuff, investment mgmt and financial analysis, basically you study accounting stuff, econ, portfolio mgmt and so on.
Have you've looked into the hours financial analysts put in compared to people who have cfp's? For you to base this job off of how much a cfa gets paid in comparison to someone who has a cfp, again that depends on how hard you want to work, and how many hours a day you want to put in, and what kind of life you want to live.
Im pretty sure you didnt do enough research...
x 100
No comparison here. If you want to go into CORPORATE FINANCE, CFA is the way to go, if you are smart enough to pass the exams.
PERSONAL finance will be your CFP....investment advisor type stuff you would see at a brokerage or bank. Way less time commitment too.
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
-Thomas Jefferson 1802