Hong Kong adopts CFP mark
Hong Kong has become the 14th country in the world to officially adopt the Certified Fi-nancial Planner (CFP) mark.
Hong Kong has become the 14th country in the world to officially adopt the Certified Fi-nancial Planner (CFP) mark.
The International CFP Council approved Hong Kong as its 14th affiliate member at last month’s meeting of the CFP council, according to Financial Planning magazine in the US.
Hong Kong joins the UK, Australia, France, Germany, Japan, New Zealand, Singapore, South Africa and the United States, among others as an affiliate member of the CFP Council.
The CFP council has also established the European CFP Council, a sub-group of the In-ternational CFP Council, the first official CFP council outside the US. The Council says there is strong interest to join the growing international body by financial planning asso-ciations in Europe.
The vast majority of CFP licences are held by US financial planners. About 36,000 of the world’s 57,00 Certified Financial Planners hail from the US compared to about 2850 in Australia.
AUTHOR
Jason Spits
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.
