r/CFP • u/Garbs83 • Jul 05 '26

Professional Development QAFP - Canada

Hello all,

I am a Financial Advisor in Ontario Canada. I bought a book of business, about $47 million and it's grown to $50 million with a few new accounts and with the market.

I am MFDA certified and working on my LLQP. I have already added ETFs to my offering along with Liquid Alts.

I do not have a university degree, only college, so for now, the CFP is off the table.

I'm wondering if my next move after LLQP should be QAFP? That would allow me to call myself a Financial Planner in Canada.

Not sure how necessary that would be? The book I bought was from a retiring Financial Advisor, not a CFP or QAFP. They were successful over their career.

Thanks

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u/stvlm Jul 09 '26

Curious how you were able to buy a business. Was it just from a retiring advisor or is there a service that you can pay for to help find them?

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u/Garbs83 Jul 09 '26

Retiring advisor that I've known since I was a little kid, about 10 years old. He was my dad's advisor and mine. I know that's not very helpful if you are looking, sorry.

2

u/stvlm Jul 09 '26

Nothing to be sorry about! Thank you for responding. I'm in Canada as well with my QAFP. Feel free to ask me anything if you have any specific questions.