CFP Board Financial Planning Competency Handbook. Board CFP

      5

      Andrew Abbott, “The Order o

1

E. Denby Brandon, Jr., and H. Oliver Welch, The History of Financial Planning: The Transformation of Financial Services (Hoboken, NJ: John Wiley & Sons, 2009).

2

CFP Board, CFP^® Certificant Profile (November 30, 2012). Retrieved from www.cfp.net/media/profile.asp.

3

Quoted in H. T. Edwards, “The Growing Disjunction between Legal Education and the Legal Profession,” Michigan Law Review (1992): 34–70.

4

Harold L. Wilensky, “The Professionalization of Everyone?” American Journal of Sociology 70, no. 2 (1964): 137–158.

5

Andrew Abbott, “The Order of Professionalization: An Empirical Analysis,” Work and Occupations 18, no. 4 (1991): 355–384.

6

Malcolm Gladwell, Blink: The Power of Thinking without Thinking (New York: Little, Brown, 2005).

7

L. H. Furguson and J. D. Ramsay, “Professional Issues Development of the Profession: The Role of Education & Certification in Occupational Safety Becoming a Profession,” Professional Safety 55, no. 10 (2010): 24.

8

Andrew Brien, “Professional Ethics and the Culture of Trust,” Journal of Business Ethics 17, no. 4 (1998): 391–409.

9

Everett C. Hughes, “Professions,” Daedalus 92, no. 4 (1963): 655–668.

10

Jeanne F. Backof and Charles L. Martin, Jr., “Historical Perspectives: Development of the Codes of Ethics in the Legal, Medical and Accounting Professions,” Journal of Business Ethics 10, no. 2 (1991): 99–110.

11

Ibid.

12

Michael Davis, “Thinking Like an Engineer: The Place of a Code of Ethics in the Practice of a Profession,” Philosophy and Public Affairs 20, no. 2 (1991): 150–168.

13

Jonathan Rose, “The Legal Profession in Medieval England: A History of Regulation,” Syracuse Law Review 48, no. 1 (1998).

14

CFP Board, Code of Ethics and Professional Responsibility (July 2003). Retrieved from www.cfp.net/for-cfp-professionals/professional-standards-enforcement/standards-of-professional-conduct/code-of-ethics- professional-responsibility.

15

Susan Toohey, Designing Courses for Higher Education (Buckingham, UK: Society for Research into Higher Education and Open University Press, 1999).

16

The “In Class” sections of the chapters are based on the revised Bloom’s Taxonomy, as presented in D. R. Krathwohl, “A Revision of Bloom’s Taxonomy: An Overview,” Theory into Practice 41, no. 4 (2002): 212–218.

17

B. Bloom, ed., and M. D. Engelhart, E. J. Furst, W. H. Hill, and D. R. Krathwohl, Taxonomy of Educational Objectives: The Classification of Educational Goals (New York: Longmans, Green, 1956).

18

Krathwohl, “A Revision of Bloom’s Taxonomy.”

19

Ibid.

20

Stuart E. Dreyfus, “The Five-Stage Model of Adult Skill Acquisition,” Bulletin of Science, Technology & Society 24, no. 3 (2004): 177–181.

21

Securities and Exchange Commission: www.sec.gov/about/laws.shtml.

22

Securities and Exchange Commission: www.sec.gov/litigation/opinions/2014/34-66114-court-opinion-2014.pdf.

23

U.S. Securities and Exchange Commission, “The Laws That Govern the Securities Industry,” August 2012. Retrieved from Securities and Exchange Commission: www.sec.gov/about/laws.shtml.

24

Securities and Exchange Commission: www.sec.gov/about/laws/ica40.pdf.

25

Securities and Exchange Commission: www.sec.gov/about/laws/wallstreetreform-cpa.pdf.

26

www.gpo.gov/fdsys/pkg/PLAW-111publ203/pdf/PLAW-111publ203.pdf.

27

K. C. Garrett and J. E. Grable, “State Investment Adviser Representative Examination and Waiver Requirements,” Journal of Personal Finance 6, no. 1 (2007): 38–43.

28

CFP Board, Rules of Conduct, 2015. Retrieved from Certified Financial Planner Board of Standards, Inc.: http://www.cfp.net/for-cfp-professionals/professional-standards-enforcement/standards-of-professional-conduct/rules-of-conduct.

29

www.wdfi.org/fi/securities/regexemp/history.htm.

30

A brief review of the Act can be found at: www.banking.senate.gov/public/_files/070110_Dodd_Frank_Wall_Street_Reform_comprehensive_ summary_Final.pdf.

31

For more regulatory information about the Bureau, see: www.consumer finance.gov/strategic-plan/.

32

Source: www.finra.org.

33

Source: www.dol.gov/compliance/laws/comp-erisa.htm.

34

K. C. Garrett and J. E. Grable, “State Investment Adviser Representative Examination and Waiver Requirements,” Journal of Personal Finance 6, no. 1 (2007): 38–43. Available at: www.iarfc.org/documents/issues/Vol.6Issue1.pdf.

35

Other certifications can be used to waive licensure requirements for investment advisers, including the ChFC, PFS, CFA, and CIC. See Garrett and Grable (2007) for more information.

36

E. B. Goldsmith, Consumer Economics: Issues and Behaviors (Upper Saddle River, NJ: Prentice Hall, 2009).

37

E. T. Garman, Consumer Economic Issues in America, 9th ed. (Mason, OH: Thomson, 2006).

38

www.hhs.gov/ocr/privacy/hipaa/administrative/privacyrule/index.html.

39

Source: www.fdic.gov/consumers/privacy/criminalscover.

40

R. H. Lytton, J. E. Grable, and D. D. Klock, The Process of Financial Planning: Developing a Financial Plan (Cincinnati, OH: National Underwriter, 2006).

41

The financial planning process can be found under the Guide to CFP^® Certification: www.cfp.net/become/experience.asp.