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manpreet
Best Answer
3 years ago
CFP Financial Planning for Individuals The focus of CFP is to create professionals who can advise individuals on managing their personal portfolio and planning for the future. Certified Financial Planners advise people on many areas, such as investment management, estate and retirement planning, tax planning, personal cash flows and insurance. Some Certified Financial Planners may also form partnerships with people such as lawyers and tax experts CFA Financial Analysts The exam focuses on developing professionals who can do financial analysis and manage large sums of money. The designation, which opens up opportunities for jobs that are otherwise difficult to get into, has a very broad scope. It can be described as equivalent to a Masters degree in finance with accompanying minors in accounting, economics, statistical analysis and portfolio management.