What would you say in my situation...

I am working as a manager's assistant right now with the plan of going into production is roughly a year. This is clear between me and the BM.

I am about to start studying for the 7 and 66. I figure that will run me about 2 months.

After that, I thought about doing the CFP course. I am wanting to gain understanding and insights, so when I go into production, I will hit the ground running...

So, I guess I could do the course, but after taking the test (1-1.5 years of studying) I would have been in the industry for 1-1.5 years and about to start the wirehouse fa program. So, I would not technically get the designation for another 1.5 years, but I would have that waiting...

Is this a good idea? Right now, I have plenty of free time, as I am an assistant!

[quote=Boomer]

With the 3 years required work experience, can you still begin studying for the CFP and taking the tests, knowing that after three years you will meet the work reqirement?

[/quote]

Yes you can begin the CFP before 3-years.  I’m a ML POA in my first three months of training.  I’ll be ½ way though the CFP classes next week and I will be sitting for the exam in March.  I’m taking the accelerated Ken Zahn courses and I’m very happy with them.  As a newbie you should find the material covered in the classes useful.  While I may not be able to put the CFP logo on my business card until obtaining the 3-year requirement, I will be able to let prospects know that I met all the education and exam requirements for the CFP.

--WM

woopie!!! now then the moeny will just arrive at your door.

[quote=Boomer]

What would you say in my situation...

I am working as a manager's assistant right now with the plan of going into production is roughly a year. This is clear between me and the BM.

I am about to start studying for the 7 and 66. I figure that will run me about 2 months.

After that, I thought about doing the CFP course. I am wanting to gain understanding and insights, so when I go into production, I will hit the ground running...

So, I guess I could do the course, but after taking the test (1-1.5 years of studying) I would have been in the industry for 1-1.5 years and about to start the wirehouse fa program. So, I would not technically get the designation for another 1.5 years, but I would have that waiting...

Is this a good idea? Right now, I have plenty of free time, as I am an assistant!

[/quote]

What would I say in your situation? I'd say "I'm a secretary! Look at me...I'm a secretary!" Then, I'd follow with "I'm certified to sell a service that nobody wants to pay for!!!"

WealthManager,

I like your approach.  If my BM would let me, I would do the same thing.  I will probably begin studying for the CFP after 18 months in production.

Boomer - If your BM will let you, I would do the same thing that WealthManager is doing.

The CFP material is a lot easier to understand if you have been in the business for a couple of years. I didn’t study that much and passed on my first try of course I have read a mountain of related material for fun