What is a CFP®?

What Is a CERTIFIED FINANCIAL PLANNER™ Professional?

Clayton J. Winkler is a CERTIFIED FINANCIAL PLANNER™ professional. A CFP® practitioner is a financial professional who meets the requirements established by the Certified Financial Planner Board of Standards, Inc. While others may call themselves financial planners, only those who demonstrate the requisite experience, education, and ethical standards are awarded the CFP® mark.

What are the requirements?

In order to obtain the CFP® mark, Clayton achieved the following requirements:

  • Holds a bachelor's degree from an accredited college or university
  • Completed the CFP® Board-registered education program
  • Passed the 10-hour CFP® certification exam
  • Has over three years of qualifying full-time work experience in financial planning
  • Passes the professional fitness standards test and background checks

Once appointed, a CFP® professional must meet continuing education requirements of a total of 30 Hours completed every other year in order to maintain the certification.

What does a CFP® professional do?

Clayton, as a CFP® professional is trained to develop and implement comprehensive financial plans for individuals, businesses, and organizations. He has the knowledge and skills to objectively assess your current financial status, identify potential problem areas, and recommend appropriate options. You're also working with someone who's demonstrated skill in multiple areas of financial planning, including income and estate tax, investment planning, risk management, and retirement planning.

Who Should Choose a CFP?

  • If you’re looking for a comprehensive plan that can grow with you, covering every aspect of your finances, a CFP might be a good fit. A certified financial planner can help you craft a budget, make a plan to save for your children’s education or help you navigate an unexpected inheritance. If you’re big on ideas but short on financial savvy, a CFP could help you bridge the gap between where you are today and what you want your finances to look like.
  • A CFP might also be a good fit for someone who has a more complex financial situation. If you have real estate holdings, a business, a family or large amounts of debt, you could benefit from working with someone with experience in making big plans and understanding any possible tax implications.