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CFP (Certified Financial Planner) - Australia

Premier Australian financial planning credential — required for senior planner / partner roles at AMP, Insignia Financial, Centrepoint Alliance, Synchron, MLC.

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Founded

1990

HQ

Sydney, NSW, Australia

Target Audience

Senior Australian financial planners pursuing the global CFP designation via FAAA, the FPSB-affiliated Australian licensee.

Key Features

  • Five-unit CFP Certification Program: CFP1 (Strategic Thinking), CFP2 (Applied Strategies), CFP3 (Investment Strategies), CFP4 (Risk Strategies), CFP5 (Certification Assessment — case-study)
  • Each unit ~2-3 months part-time; full certification typically 2-3 years
  • Bachelor-level financial planning degree prerequisite (aligned with Treasury FAS requirements)
  • Must hold authority to provide retail advice under AFSL
  • ~5,000+ active CFP professionals in Australia (FAAA 2024)
  • 40 CPD hours/year required + FAAA Code of Ethics

How to Get This Certification

Prerequisites

Approved bachelor's degree + Treasury FAS education completion + 3 years of relevant experience + AFSL authorisation.

Why Get Certified — ROI

Salary Impact

Australian CFP holders earn AUD 25,000–AUD 60,000 premium versus FAS-only-qualified advisers (FAAA 2024 Industry Income Survey; Hays Australia 2024). Median CFP-credentialed senior planner total comp: AUD 145,000–AUD 230,000.

Career Benefits

What makes this stand out
Premier Australian financial planning credential — required for senior planner / partner roles at AMP, Insignia Financial, Centrepoint Alliance, Synchron, MLC.
Industry recognition
FAAA proprietary; FPSB-affiliated for global CFP recognition.

Who Should Get This Certification

Ideal for:

  • Senior Australian financial planners pursuing the global CFP designation via FAAA
  • the FPSB-affiliated Australian licensee.

Consider alternatives if:

  • Long path layered on top of already-mandatory FAS bachelor
  • FAS Bachelor + FA Exam already covers many CFP topics — incremental learning is narrower

Pricing

Pricing varies.

Weaknesses

  • Long path layered on top of already-mandatory FAS bachelor
  • FAS Bachelor + FA Exam already covers many CFP topics — incremental learning is narrower
  • Annual AUD 595 + 40 hrs/yr CPD costs
  • FAAA-only provider

Markets Served

Australia

Visit Official Site →

Disclosure: This page contains affiliate links.

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