FJY is thrilled to announce that both of our Associate Financial Planners, Morgan McGovern and Kelly McNerney, have just passed their CFP exam!
Morgan and Kelly have been an integral part of the FJY team since June 2014, when Kelly came on board as an Associate Financial Advisor, and Morgan joined us as a Paraplanner who was quickly promoted to Associate Financial Advisor in July 2015. Together they support the Lead Advisors with data gathering and analysis, development of financial planning recommendations, portfolio management, and building and maintaining client relationships.
Kelly, a key member of both FJY’s Investment and Financial Planning Committees, told us that she is looking forward to continuing to learn and advancing in her career, and especially not having to worry about taking the exam ever again!
Morgan is Assistant Chair of the Financial Planning Committee, and is enjoying continuing to build strong relationships with clients while working towards her designation. She shared, “I am excited to have time to pursue other hobbies, as well as spend time with friends!”
What does the CFP designation really mean? Many people don’t realize that while anyone can call themselves a “financial planner,” only those who fulfill all the requirements of the CFP Board are certified. These rigorous requirements help consumers differentiate between financial advisors.
To earn the CFP designation, candidates must complete the “4Es”:
- Education (a Bachelor’s degree and completion of a board certified education program)
- Examination (TEN HOURS!)
- Experience (3 years full-time work experience, or 2 years full-time client facing experience)
- Ethics (detailed background check)
Only about half of all applicants pass the CFP exam, let alone all the other requirements.
Congratulations to them both on this significant achievement!