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50th Anniversary Of The CFP Marks: The Journey, Current State Of CFP Board, And Growing The Financial Planning Profession

Nerd's Eye View

The rising popularity of CFP certification was thanks in large part to CFP Board's setting of rigorous educational and examination requirements that established a high bar of competency for those who wished to use the CFP marks.

CFP
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Best Practices For Running A Financial Planning Internship Program (And Creating A More Productive Outlook)

Nerd's Eye View

Traditionally, financial planning internship programs have offered students who are aspiring financial planners a way to prepare for entering the workforce by gaining real-world experience in advisory firm settings (as well as a way to get their foot in the door with prospective employers).

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How clients saving for retirement can benefit from higher interest rates

Nationwide Financial

From 2010 to 2020, inflation as measured by the Consumer Price Index averaged around 2 percent, a relatively low level by historical standards. Unfortunately, however, interest rates offered by financial institutions to savers were also very low. From 2010-2019, the average interest rate on a one-year certificate of deposit was about.5%,

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FARE helps Black financial professionals thrive

Nationwide Financial

Key Takeaways Underrepresentation of minority financial professionals has long been a challenge in the industry. FARE seeks to increase the number of Black financial professionals through expanded research, increased training, and mentorship opportunities at both the university and professional level.

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Top Compliance Challenges Financial Advisors Face

BlueMind

Despite the regulators increasing measures to maintain transparency and integrity in the financial dealings of the market, mistakes happen even by the most well-intentioned advisors. Simple SSL certificates often tend to be not enough and stronger security walls demand expense.

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They’re back: Student Loan Payments Due Again

Your Richest Life

Student loan payments are resuming for the first time since the spring of 2020. Keep in mind that when you apply for the SAVE plan, you might have to apply for income certification at the same time. So if your income certification is not until next year, you can wait until next year to apply for the SAVE Plan.

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How to Invest $1 Million Dollars in Today’s Market (Without Blowing It)

Good Financial Cents

Certificates of Deposit (CDs). The first place I would park some of the money is in a Certificate of Deposit (CDs). A Certificate of Deposit (CD) is pretty much the safest and most guaranteed investment you can make. Or, you might throw it into a Certificate of Deposit with Discover Bank. You’ve now turned a new leaf.