I’ve often heard it said that it is very difficult to be a generalist as a financial planner. One reason may be that there is a tremendous amount of information with which you must stay current. Being a financial planner has another challenge. Creating quality financial plans for affluent and high net worth clients can be a very labor intensive, time consuming process. Sure, there are software applications which allow the planner to get in and out of quickly, but how comprehensive are they? Allow me to digress a moment.
This week I spent part of my time completing my continuing education for the CFP mark. I found a wonderful resource called CE OneSource. As an alum of The College for Financial Planning, I was entitled to a discount. So for just over $120, I gained access to approximately 50 online courses for a full 12 months. This program will allow me to fulfill my CE requirements for the current cycle, which ends on November 30th, plus the following cycle, which begins on December 1st. It includes courses on financial planning, estate planning, investment planning, income tax planning, insurance, and ethics. You work at your own pace and receive your grade immediately upon completion of the final exam. The CE credits are reported each Monday. In short, it’s a great way to complete the required CE and learn something in the process.