American College vs College for Financial Planning

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May 23, 2012 6:19 pm

as a PMD at ML, we have to complete CFP Financial Planning and CFP Investments module to graduate from the PMD program. Which provider, is better? American College or College For Financial Planning?

Thanks.

May 24, 2012 1:57 pm

College for Financial Planning created the CFP and does a great job of teaching the material. Additionally, as a Merrill advisor, at some point you'll probably do the CRPC program (also from College for Financial Planning) - which counts towards CFP part 4 (Retirement Planning).

Feb 6, 2013 1:06 pm

I am a FA with an independent firm. I am a former CPA considering a retirement specialty designation. The two I have seen are Retirement Income Certified Professional (RICP) from American College of Financial Services or Chartered Retirement Planning Counselor (CRPC) from Colleg for Financial Planning. Anyone recommend one over the other?

Jun 10, 2013 3:33 pm

The CFP board is it's own entity. College for Financial Planning and American College both don't mind being portrayed as the actual board but they are merely education providers. Same as Kaplan, Boston, and 100 other approved programs. When I was in the PMD program I went through Kaplan, it was a seamless transition to pursue the full CFP designation after I knocked out the two.