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 RFP and CFP, What's the difference?

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SUSDavid83
post Apr 18 2006, 02:11 PM, updated 20y ago

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Hi all,

I'm wondering what's the difference between a Register Financial Planner and a Certified Financial Planner? FPAM is an association for CFP right?
SUSDavid83
post Apr 20 2006, 07:58 PM

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Hello, anybody?
Aggronax
post Apr 21 2006, 09:31 AM

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yeah, i also wonder. anyone can answer that? thanks you
tcs
post Apr 21 2006, 01:38 PM

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IF i not mistaken, both are same.
SUSDavid83
post Apr 21 2006, 03:21 PM

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QUOTE(tcs @ Apr 21 2006, 01:38 PM)
IF i not mistaken, both are same.
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I attended a fair and there's a booth which was promoting CPF and FPAM. They claimed it's not the same.
jackal1950
post Apr 21 2006, 09:56 PM

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RFP means Registered Financial Planner
CFP means Certified Financial Planner

Both are different because RFP is by LIAM and CFP by FPAM.

CFP is towards Unit Trust/Mutual Funds planning.
RFP is towards Insurance planning such as retiring, saving, education, etc.
SUSDavid83
post Apr 21 2006, 10:33 PM

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^So, which one is better in term of recognition and career development?
DomoTomato
post Nov 28 2006, 11:06 PM

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RFP is juara kampung
CFP is juara dunia
tats wat my fren told me...
hope tat helps...
Civil
post Nov 29 2006, 02:51 PM

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QUOTE(David83 @ Apr 21 2006, 10:33 PM)
^So, which one is better in term of recognition and career development?
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CFP ! rclxms.gif

CFP is a one step higher than RFP.
porkchop
post Nov 29 2006, 03:28 PM

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CFP is higher as its recognise worldwide

rfp is only recognised here in asia (more likely malaysia) but malaysians insurance agents are required to sit RFP
agent7
post Dec 12 2006, 02:26 PM

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Dear all,

I am a qualified practitioner in financial planning. Let me clarify, RFP is recognised in Malaysia by Bank Negara and every insurance agent, will agent, unit trust agent etc must have RFP by year 2009 (if i remembered the year well).

CFP is recognised worldwide and is much accredited in financial plannning industry. If someone has CFP, he/she not required to take RFP cause Bank negara allows conversion from CFP to RFP.

Comparing CFP and RFP almost equivalent to comparing A-level and STPM.

Hope it help!

Rgds,
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