There are three differences between AFP, CFP and RFP:

1. The overviews of the three are different:

1. Overview of AFP: that is, financial planners, Refers to professionals who follow the six steps of the standardized financial management process and help customers achieve their life goals.

2. Overview of CFP: CFP is Certified Financial Planner, the abbreviation of "International Financial Planner".

3. Overview of RFP: Registered Financial Planner (RFP) is an internationally authoritative certification qualification developed by the American Institute of Certified Financial Planners (RFPI).

Second, the requirements of the three are different:

1. AFP requirements: As a "financial planner", you must be able to correctly analyze and evaluate the customer's financial situation, and make decisions based on A reasonable financial plan will be tailored to the customer's career stage and risk tolerance.

2. CFP requirements: Have a college degree or above from a national education university, and be employees of grass-roots units in insurance companies and commercial banks, fund companies, securities companies, investment companies, futures companies, wealth management companies and other financial institutions. .

3. Requirements for RFP: RFP is a registered financial planner, covering a wide range of areas, mainly personal finance industries, such as banking, finance, securities, insurance, corporate financial management, investment business, etc. CFA (Certified Financial Analyst) is a certified financial analyst, mainly focusing on financial analysis work.

3. The certification standards of the three are different:

1. AFP certification standards: China Financial Planning Standards Committee implements a two-level financial planner certification system, that is, financial planner (AFP) and International Financial Planner (CFP) certification system. AFP training is the first stage of CFP training.

According to the framework agreement between the China Financial Planning Standards Committee and the International Financial Planning Standards Committee, the China Financial Planning Standards Committee conducts the qualification certification of financial planners (AFP) and the qualification certification of international financial planners (CFP).

2. CFP certification standards: Considering that the domestic demand and urgency for financial planners with basic financial management skills far exceeds that of CFP with international standards, the China Financial Planning Standards Committee decided to adopt the majority As a formal member of the International CFP Organization, a two-level financial planner certification system is implemented in China.

In addition to certified international financial planner (Certified Financial Planner, referred to as CFP), it also certified financial planner (Associate Financial Planner, referred to as AFP).

3. RFP certification standards: The current two major certifications in the financial management industry, CFP and RFP, are both international financial management certifications and are issued by two different international financial management associations. The RFP certification training and examination have been localized and can be conducted in China. Moreover, the training and examination contents of RFP certification in China are closer to the actual domestic business and are more practical.

Although RFP and CFP are both international certification qualifications in the field of financial planning, they still have certain differences. They belong to different associations and there is no mutual recognition agreement so far. The CFP direction focuses on theoretical academic aspects; while the RFP focuses on the combination of practice and theory.

Baidu Encyclopedia - Financial Planner

Baidu Encyclopedia - cfp (CFP (International Financial Planner))

Baidu Encyclopedia - Certified Financial Planner Certification