CFA vs CFP - Comparing Difficulty and Content

[@Faz15-qu2jn]

I'm finding myself on this career path at 27 years old. As an excellent student yourself, you are building an infrastructure for me through this content. I know I'm late to the party, but thank you for sharing.

[@straighttalks-ajsrmek323]

Glad the videos could help! 27 is still so early to start.

[@mjcal96]

Same here friend! I’m 27 in Nov and I’m deciding whether to take CFA and then CFP or just CFP

[@kevinb4978]

Hey, thanks for making this video. Answering a lot of questions I've had. Wish I had this video a year ago. Glad the CFP wasn't too difficult after the CFA. Also glad to hear passing the CPA qualifies for the accerated path. Appreciate ya.

[@straighttalks-ajsrmek323]

Happy to do it.

[@1mselliott]

Great insights AJ! Watching this as I finish up studying Level 1 FRA. One of the reasons I want to tackle CFA first is like you mentioned it’s makes it easier down the road if you do want to do the CFP.

[@niranmojo]

I agree CFA is 10 times tougher than CFP

[@ianpeters9565]

Thank you. This was very informative and helpful for decisions I'm currently making. I will check out more of your videos.

[@skateata1]

Thank you very much. I work in financial aid at a university and I want to obtain more certifications.

[@Aj_98]

Just finished my masters in finance need to undergo one of the two not sure which one. I prefer ultimately to own my own business and become self employed so perhaps cfp.

[@straighttalks-ajsrmek323]

Yea if you want to work with retail clients, the CFP is likely better!

[@MrEynomis]

Thank you for making this video. I am 25years old working at a credit union as an investment advisor rep and I was wondering which designation to pursue first. CFA or CFP?

[@straighttalks-ajsrmek323]

Watch the video for some advice on this!

[@shaunleonard4738]

Congrats on passing!

[@akildavis8090]

AJ, thanks for the video. Can you explain your strategy for mastering the estate planning area? I am having difficulty of identifying the many trust and deciphering between them. Thanks

[@straighttalks-ajsrmek323]

Sure, this was the toughest section for me as well.

[@RodrigoMedeirosFinance]

Congrats on passing! Good insights!!

[@hemangibohra3311]

The work that we do after Cfp is that work experience enough for cfa entrance exam

[@mohamednofal4725]

thanks for making such informative videos :) Will you make a video of all Finance certificates out there? it would also be great if you give a bit of information on each and who would benefit the most from each one of them.

[@straighttalks-ajsrmek323]

I don't think I can cover them all, but I might do this covering maybe the top 10, sure!

[@corydavis3374]

Which helped more in passing your security licenses? Series 7 and others

[@straighttalks-ajsrmek323]

I did the licenses before these exams so they weren't a factor.

[@jordanhatch8784]

Great video Aj! As always my brother 💜

[@deeppatel4029]

Hey AJ, really great videos keep it up! is there any chance you can make a video on your story though? like your educational career through high school, college, work, and just how you found your interest in Finance/Accounting?

[@straighttalks-ajsrmek323]

Hadn't thought about that one. I will certainly do this!

[@licdoarshuali]

What are career prospects for Chartered Wealth Management???

[@Henry.Nibler]

Currently 30yo math and fin undergrad, masters in financial services. The CFP material looks relatively easy due to my experience in the field. I am curious if I pass servicing my book to someone if I can pass the CFA in one year if I just exclusively focus on it.

[@straighttalks-ajsrmek323]

No, you can't take the exams that often.

[@seanmoriguchi8817]

Hi AJ, Top video! Could I request a video on the IMC programme? It’s the baby sister of the CFA provided by the same institution, but easier to obtain quickly and still allows myself to be a member of the CFA institute. I feel the qualification could be used to get my foot in the door in the FS industry. Then later on I could specialise in a more complex qualification. Many thanks!

[@straighttalks-ajsrmek323]

Thanks, Sean! But I don't know anything about the IMC program.

[@larrygiangreco7254]

AJ great video, I heard on another one of your videos that you would recommend that anyone looking to complete the CFP as quick as possible to do the CHFC to be eligble to sit for the CFP exam. Do you know if this is still the quickest way?

[@straighttalks-ajsrmek323]

It is one quick way, yes!

[@larrygiangreco7254]

@@straighttalks-ajsrmek323 what program did you use, and would you recommend it?

[@straighttalks-ajsrmek323]

@@larrygiangreco7254 Kaplan, and yes I would.

[@jnordman86]

Any idea how to get the hours for the CFP if your day job doesn't include the CFP activities? I'm considering this field as a side gig & something to leverage even more as retirement comes closer.

[@straighttalks-ajsrmek323]

Hmmm, good question. My guess is that you are just required to work in some full time job that does count towards their experience requirement for them to ever give you the letters.

[@tinyearthcreations2754]

Thank you for this informative video! How did you gain the experience hours for the CFP certification?

[@straighttalks-ajsrmek323]

In my regular day job as a financial advisor.

[@Firestriker098]

I'm in the insurance industry and pretty new to finance in general but I want to gain more knowledge to help create better value for my clients. Would you recommend CFP or CFA. Or are these designations not useful for the industry.

[@straighttalks-ajsrmek323]

The CFP is great, but its overkill if you are just going to do insurance. BUT if you want to get into broader financial services, go for it!

[@Firestriker098]

@@straighttalks-ajsrmek323 Thanks for replying. Much appreciated! ☺️

[@myrmidons2k528]

How did you do on the case studies on the cfp exam?

[@phamtrandoanh6771]

Thanks for making this video. What is your thought on taking the CMT - Chartered Market Technician after complete the CFA Program?

[@straighttalks-ajsrmek323]

Not a bad idea if you want to be a trader! I know some CMT people who speak highly of that program.

[@terry6643]

혹시 공학용 카시오 fx9860 g3로 재무 기능 tvm 기능만으로는 CFP와 CFA 문제 풀이 안될까요?

[@explorewithrocky6122]

Pls share which university in Canada provides certification for cfa and cfp and what’s the cost involved for both the cases.

[@straighttalks-ajsrmek323]

Neither the CFA or CFP are taught at universities. They are both administered by their respective organizations.

[@explorewithrocky6122]

@@straighttalks-ajsrmek323 Thanks for your reply. Will do my home work and get back to you for more suggestions .regards

[@Felipe97264]

Thanks fot the video! One question, Wich Material have you used for studying for the 3 levels off CFA?

[@straighttalks-ajsrmek323]

Wiley, and the CFA curriculum.

[@Codyflips]

what job should I get while Im going to school to get CFA/CFP ??

[@engenhariaefinancas]

AJ, do you know a free site with CFA exercises?

[@straighttalks-ajsrmek323]

I don't know of one, no. Let me ask around.

[@engenhariaefinancas]

@@straighttalks-ajsrmek323 thank you!!

[@hemangibohra3311]

I want to try for both the exam will it be beneficial

[@straighttalks-ajsrmek323]

Yes, they can be!

[@charmainephasoana6850]

Do you want to do them all at once? Like enrol to both exams and study for both at the same time and complete during the same year???

[@straighttalks-ajsrmek323]

@@charmainephasoana6850 No way.

[@charmainephasoana6850]

@@straighttalks-ajsrmek323 lols I'm just wondering how it works

[@vaibhavdhamane4697]

Hi Im Vaibhav(26) from india.Persuing Cfp and wish to do cfa in future.I Like your Content.I Wish to work Abroad. Any one Suggestions Or opinion you wish to Tell me.

[@straighttalks-ajsrmek323]

My best suggestion is to work more than everyone else!

[@gokulnaththeboss08]

There is no market for cfp in India. Atleast get ca inter

[@harrisonbailey9884]

you're incredibly intelligent

[@straighttalks-ajsrmek323]

Thanks for the hype!

[@majd9956]

I'm registering for Level 1 May session, will there be enough time to study? I will have 6 and a half months! A lot of people told me that it's not doable and I should consider registering for August since I'm a fresh graduate who wasn't that good at college, but now I have both motivation and time! What do you think would the realistic decesion?

[@straighttalks-ajsrmek323]

That is plenty of time if you get in 3 good hours each day!

[@kday9847]

Can you do Financial planning for businesses doing 50mil+

[@straighttalks-ajsrmek323]

Sure.

[@pinakpanisatpathy5136]

Can I know what is your job profile?

[@straighttalks-ajsrmek323]

Wealth management.

[@pinakpanisatpathy5136]

@@straighttalks-ajsrmek323 That's Great... And that's my dream job too....

[@JKInvestments]

CFA is 10 times more difficult than CFP according to this video.

[@RadhikaMeera]

Great video ! Thank you sharing your journey . Quick question. : career changer here abs preparing for CFP exam . Then will head to CFa with Mark Meldrum . Do you need accounting knowledge to study CFA , rather would it help you to have accounting knowledge to attempt CFA

[@straighttalks-ajsrmek323]

Thanks! Yes accounting knowledge does help with studying for the CFA exams.

[@igazii6258]

Do u play pubg??

[@straighttalks-ajsrmek323]

Nope. League and Cod.

[@sincerelysurfing9707]

You're not speaking from (work) experience, are you?

[@straighttalks-ajsrmek323]

This is more about experience with the exams.