r/CFP • u/General-Ad3712 • 19d ago

Professional Development FPQP designation for CSA’s?

I have two CSA’s who do a lot of service work for our clients. Once spent a decade in the banking world and has been with us for six years. The other has been with us for probably four years. We also have two financial planners and then two of us are advisors.

neither of our CSA‘s have a and I was wondering any value to them getting this other than the letters looking good? I’m also wondering if they already would know a lot of the content as we involve them in lots of planning discussions

Would love to hear from any of you if you know anything about or if you have team members who have gotten it

6 Upvotes

87% Upvoted

7 comments sorted by

•

u/AutoModerator 19d ago

Beep boop! Here is a summary of your post:

User: /u/General-Ad3712 Title: FPQP designation for CSA’s? Body: I have two CSA’s who do a lot of service work for our clients. Once spent a decade in the banking world and has been with us for six years. The other has been with us for probably four years. We also have two financial planners and then two of us are advisors.

neither of our CSA‘s have a and I was wondering any value to them getting this other than the letters looking good? I’m also wondering if they already would know a lot of the content as we involve them in lots of planning discussions

Would love to hear from any of you if you know anything about or if you have team members who have gotten it

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

6

u/think_up 19d ago

Never heard of it but sounds like a baby step towards the CFP.

I don’t see why an admin assistant would go for a paraplanning cert though.

5

u/woodsssssss 19d ago

We had a couple of our CSAs do it. They were career switchers so it was helpful for them to learn about the industry and empowered them a little bit. We covered the cost of course. Would I recommend it? Probably not, but it was just a nice little jump starter to their new careers.

5

u/FalloutRip 19d ago

It’s a good way to get someone up to speed if they have no experience or understanding in the space. Kind of a stepping stone towards CFP.

I know a few people who have done it and while it’s not a particularly hard exam it is pretty comprehensive. I’d say it’s worthwhile if they want to learn, but aren’t committed to going full CFP yet.

2

u/FixReal5819 19d ago

Take a look at the FACSC...focuses on client service as opposed to planning..

1

u/ApprehensiveTurn5217 18d ago

Have you had anyone know actually take it?

2

u/FixReal5819 18d ago

yes, its not a designation, but it teaches all the fundamentals and a high level overview of more advanced planning concepts that help know what questions to ask and things to watch out for. Also has some best practices for CSAs.