MINIMUM QUALIFICATIONS

Statement of MINIMUM QUALIFICATIONS for the QFP—QUALIFIED FINANCIAL PLANNER Credential

The INTERNATIONAL ASSOCIATION of QUALIFIED FINANCIAL PLANNERS (IAQFP) of Palm Desert, CA is a 501(c)(6) not-for-profit professional business league association.

IAQFP, in addition to being a volunteer-administered professional association offering affiliation to QFP—QUALIFIED FINANCIAL PLANNERS, also serves as the profession's accrediting and certifying body of Financial Planners.

The QFP—QUALIFIED FINANCIAL PLANNER designation is awarded to recognized financial planning professionals who become IAQFP Certified—Financial Planners, universally identified under the professions single, unifying identifier: QFP—QUALIFIED FINANCIAL PLANNER.

• The QFP designation is not a “designation of designations,” but rather serves as the single, unifying moniker of the Financial Planning Profession, and its duly accredited professionals.
• The QFP designation unifies both under One Profession—One Designation while simplifying, for the public, the ever-growing “alphabet soup designations maze” of the broader financial services fields thus resulting in an end to such public confusion over 'who's who' i.e., who is a Qualified Financial Planner professional.

QFP—QUALIFIED FINANCIAL PLANNERS are those who have met, and who agree to continuously abide by IAQFP Standards of education, exam, experience, and ethics, and are those who are also subject to IAQFP Code of Ethics & Professional Conduct, and the IAQFP Disciplinary & Complaint Process, which embody each of the IAQFP Standards.

Attainment of the QFP—QUALIFIED FINANCIAL PLANNER credential, and right to its use, is subject to satisfactory fulfillment and ongoing adherence and compliance with the following:

Credential Requirement: To be eligible to be considered for the QFP designation, the applicant must provide documentation of having earned one or more of the following credentials/designations specific to the discipline and learned methodology of Financial Planning:

• The International Association of Qualified Financial Planners: QFP
• The American College, Chartered Financial Consultant: ChFC®
• The AICPA, Personal Financial Specialist: PFS™
• The American College, Masters of Science in Financial Services with a Financial Planning concentration: MSFS
• The College for Financial Planning, Masters of Science with a Financial Planning concentration: MS
• CFP Board, Certified Financial Planner: CFP®

Any of the above in any jurisdiction of the United States of America and/or to any other country where re-certification is made available by the issuers of said designations and so accepted by IAQFP.

• Continuing adherence to IAQFP Standards, including, but not limited to the IAQFP Code of Ethics & Professional Conduct.
• Continuing Education Requirement: An IAQFP Registrant QFP must satisfy a minimum of thirty (30) hours of (non-duplicative) continuing professional education each two years anniversary or at least fifteen (15) hours annually, covering a wide spectrum of financial planning practice areas.
• Professional Oversight and Discipline: An IAQFP Registrant QFP agrees to regulatory oversight by the IAQFP Ethics Committee & Board of Directors, and agrees to be bound by all IAQFP Standards, including but not limited to enforcement of the organizations, Disciplinary & Complaint Procedures Process.
• Timely completion by an IAQFP Registrant QFP of the ANNUAL Registration/Verification & Affiliation Selection process.

Consumers can both VERIFY & FIND a Professional’s status or file a complaint online at:

VERIFY & FIND a QFP (Registry listed persons are deemed to be “In-Good-Standing”)

IAQFP Standards—Disciplinary Procedures & Complaint Process

Request via E-Mail

IAQFP strongly cautions the public against using the services of anyone holding out as a Financial Planner,
whether with or without accompanying designations, who are not Registered in/showing in the
QFP Verification Registry of Qualified Financial Planners here QFP Verification Registry