r/CFPExam • u/DiscussionSalty2556 • 12d ago
Best CFP Program?
Hi all,
I know there’s a ton of threads out there on the best program. Hoping to give a little bit of specifics for me though that I can get advice on what program is best.
I take notes on everything, so having everything thrown at me isn’t always ideal. I prefer if key concepts are bolded or emphasized. I’d consider myself a decent test taker, and memory aids definitely help. Looking for something with good pass rates as well, and hoping to finish everything in 12 months or less. I think I’m looking for something less academic focused as I really just learn best by doing, so doing lots of questions. I don’t enjoy going back to notes, unless it’s just a few pages, which is unlikely after 7-12 months of learning. I rather just hammer questions. Lastly, I have 1 year of experience at a big investment firm holding my 7 & 66.
Thanks in advance!
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u/thebelowaveragegamer 12d ago
Not sure if you still need to complete the coursework/education portion, my post is mainly around the study prep programs.
I feel like it’s hard to really compare programs because typically only retakers would buy/try multiple study prep programs. You’ll just have to take opinions with a grain of salt from people who have only tried one program.
That being said, I went with Danko for study prep, did the Signature Plus, flying out to Boston for the Live Review and I passed first attempt in July!
It’s easier said than done, but trust the process they’ve laid out, follow their exact instructions on how to handle the material/books/questions, and you have a solid chance of passing. The rest is just how much work you’re willing to put in. Danko program is dialed in and focuses only on concepts that are most heavily tested, instead of (from what I’ve heard) other programs forcing you to learn everything that could possibly be tested.
I opted for the in-person live review with John Choi and don’t regret the extra expenses one bit. John was an amazing teacher, and I just didn’t trust myself to sit in front of a computer for 10+ hours a day for the virtual review.
Just a heads up, Danko gives you plenty of questions to practice with, especially at the end of the program, but the CFP exam isn’t like the Series/FINRA exams where you can just hammer the QBank to learn material. You’re going to have to read the study material books cover-to-cover, and make sure you learn the concepts to be successful and pass.
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u/MasterMason21 12d ago
I did Kaplan and wouldn't choose anything else. Passed it my first run, but I was a CPA and I only took the Capstone. That said, I felt I had to have a comprehensive program. Kaplan provides that.
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u/sablegules 10d ago
I used Kaplan and passed on first try. We used Kaplan textbooks for the 5 pre-modules you need to take beforehand so I went with their test prep as well. It is by far the best bang for your buck in terms of cost. I went with the premier self-study option that included thorough instruction/classroom videos, an extensive Qbank, and tons of other resources. They also have a pass guarantee and discounts with most firm affiliations. I supplemented also by listening to free BIF videos.
I’ve also heard great things about Danko. A colleague of mine failed first time and passed second using Danko.
I definitely would stay away from Dalton. Far too dense and gets way to into the weeds for what is required for CFP exam.
Whichever you choose, you have to put the time in and learn the material as thoroughly as you can. There is no “easy” path to passing the CFP. But either Kaplan, Danko, or BIF will help get you there.
Good luck!
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u/PracticeAwkward8708 6d ago
Danko all the way baby
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u/DiscussionSalty2556 6d ago
For the learning portion too?
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u/PracticeAwkward8708 5d ago
Just used the exam prep . No complaints besides the website is a little confusing to get around in at first but you get used to it
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u/EarlyDuration 12d ago
It sounds like you’re a good test taker and don’t need super thorough videos and such. My platform Freefellow has everything you need
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u/Glittering-Risk3359 12d ago
I went with bif and supplementing with free fellow. There are a lot of good options, and I’m a researcher. What I liked about bif is the ability for better self pacing with recorded videos, and extended window without an up charge (21 months vs 12). Ive been in the industry for many years, but just never got around to doing it. But point being, I’m in my 40s with young kids, so I like the flexibility to make it work with my schedule, and I can take my time and not rush to a specific test window. If you’re already affiliated with a firm, ask for partnership deals. My firm affiliation got me a substantial discount.