Dick Wagner Smiles
First Quarter 2021|Jim Williams| Just this last month, the CFP Board announced, based on a Practice Analysis Study (which describes what planners are actually doing in their practices), the addition of a new Principal Knowledge Topic: The Psychology of Financial Planning. As a Principal Knowledge Topic, the Psychology of Financial Planning will be included in the Body of Knowledge required of CFP Professionals. The topic will be included in examination starting in 2022. This topic has grown up from the roots of the financial planning profession and it is good news and none too soon.