In a word yes! CFA certification like most professional designations carry with them the mark of an individual who is “committed” to a particular body of knowledge.One of the main reasons FA's struggle is becuase they have no focus. When we were all in high school we learned the formula for work which is: W=fd or work is equal to force times distance. A good analogy of this would be to ask you to push on a wall in your office for an eight hour period. At the tail end of that period if I were to ask you if you worked you would probab;ly respond "yes, I pushed on this wall all day and it was rather hard I might add". However, according to the formula you did not work for the wall did not move . You applied force (pushing) but wall did not move (distance). So how can we applyu this example to obtaining your CFA certification and my point on focus? By obtaining the CFA designation you are able to distinguish yourself as a professional and not a run of the mill FA. This alone will help you. But the main application of obtaining the CFA certification is that when you focus you will have a designation backing up your claim. So in my humble opinion I say pick it up. While in college in London, I ran across a company by the name of 7city Learning. I think they offer the most convenient and effective method of passing the the three modules which make up the test; first time out. I hoped this posts helped.
Huh? Why are you rambling about a CFA when the topic is addressing the CFP? You do realize these are two completely different credentials/course of study, right?
Yes I do. I possess both.There is a similiar post on the need of a CFA certification. I was reading this message and copied it in by mistake. Sorry...