CFA vs. CFP®: What’s the Difference?

Two of the most well known professional designations in the financial industry are CFP® and CFA. They can be confusing because they are so similar. Here’s a look at the difference.

Are you looking for a skilled financial advisor? Here’s the difference between a CFA and CFP®…

A Chartered Financial Analyst (CFA) is like having a masters degree in finance. CFAs primarily serve institutional and corporate clients.

A Certified Financial Planner (CFP®) studies more than just investments. CFP®s also learn wealth management, tax planning, insurance, retirement and estate planning. CFP®s serve individuals and families to help them achieve their financial goals.

Both certifications take years of study and require passing through exams, resulting in professionals who are ready to serve clients.

Related: What is a CFP® Professional?