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URL:  http://boards.fool.com/where-do-these-people-get-quotcertifiedquot-as-19668350.aspx

Subject:  Re: After meeting with a Financial Advisor Date:  10/4/2003  2:55 PM
Author:  TheBadger Number:  37383 of 78166

Where do these people get "certified" as "advisors"!?

Who said you have to be certified??? If one is a fnanical advisor (uncertified) the barriers to entry are pretty low; e.g. a business card & a phone line; the barriers to entry are still low even if certified; simply take an exam and pass; presto, you are a CFP.

IMHO, herein lies the problem --- the barriers to entry are virtually non-existent (not unlike being a residential real estate broker); therefore we have too many of them. Further, IMHO, it probably takes a minimum of 10 hours to think through & document a decent financial plan for anyone. Say that process is reall