How Soon Should You Begin Studying for the CFP Exam?
If you are considering taking the CFP exam, you’ve probably wondered how many hours are required to study, in order to be ready to pass the CFP exam. Well, to be truly “exam ready”, you should expect to study about 200 hours to prepare for the exam.
At THE DALTON REVIEW® for the CFP exam, our review consists of pre-study materials, a review class and post review materials. The study plan should break down as follows:
Pre-Study Materials – students should expect to spend 100-125 hours working through pre-study materials. This includes, reading notes, making flashcards and working practice questions. Completing all pre-study materials is critical to being well prepared so that you’re ready to attend the CFP review class.
CFP Review Class – CFP candidates should plan on spending 35-40 hours in a review class, listening to an instructor teaching the material.
Post-Review Materials – At this point, CFP candidates should expect to spend another 40-60 hours working CFP sample exam questions, CFP practice exam questions and CFP exam cases.
So, to answer the question, “How soon should I begin studying for the CFP exam”, it really depends on how many hours you can study each week leading up to the CFP review class. If you are 10 weeks away from the CFP review class starting and you need about 100-125 hours to finish the pre-study materials, then you need to average 10-12 hours per week leading up to the review. That means you’ll need to study for about 2.5 – 3 months (100hrs/10hrs per week) before attending the review class. So, the best rule of thumb is to determine how many hours you can study each week and how many hours it takes to complete the pre-study materials. Once you know both of those, you can calculate how many weeks ahead of the review you should start studying. Since most reviews take place about 4-6 weeks prior to the exam, that will put you in a good position to complete the post review materials.
For more information on how THE DALTON REVIEW® can help you prepare for the CFP exam, please visit our website at http://www.thedaltonreview.com.
Good luck with your studies.
Joseph M. Gillice, CPA, CFP®
What Professionals Say About Dalton
"I recommend Dalton's CFP study program to anyone who is planning to sit for the test. It is thorough, well guided, and offers many resources for individual support. I can honestly say that I went into the exam KNOWING that I was going to pass."
"It came down to the enrollment advisor's responsiveness in addressing my questions/concerns as primary and then the ability to be flexible with online courses and working through the coursework. Absolutely would recommend Dalton! After having taken the exam (and passed!) last week, I appreciate Dalton's questions even more as they were more realistic to what I saw on the exam. Thank you! Keep up the good work!"
"Combined with hard work and dedication, Dalton Education made sure I had what was needed in order to succeed. Without their experience, diligence, and structure, I would have spent more time worrying about what to study and when rather than putting in the hours needed to pass. Dalton knows how to get it done the first time around!"
"I have thoroughly enjoyed the Dalton Education CFP study program. I completed the 10 week review for the exam, including a 4 day live review. I successfully passed the CFP exam and I owe my success to Dalton and their incredible team of instructors. The Dalton materials, coursework, virtual classroom and schedule are not only intuitive and user friendly for a working mother, but they are top notch. I felt prepared for the exam, and after passing the exam I realized how Dalton had not only prepared me for everything but they over prepared me. I have a deep understanding for financial planning, and I look forward to taking my career to the next level. Thank you Dalton! A huge shout out to a team of highly intelligent and helpful instructors!"
"Dalton provided me the materials, resources, and structure that I needed to complete my certification. From the beginning, I greatly appreciated a detailed schedule for staying on track with the material while allowing you the flexibility between deadlines to manage your work and personal life alongside my certification work. It helped me plan study time accordingly and gave me a practical benchmark for preparation time. That said, each professor teaching the material stood out to me whether it was because of their experience with the CFP exam, pedigree, and/or knowledge and presentation of the material."
"What I love about the CFP course through Dalton is the flexibility. I have co-workers who are taking the program through other providers and they are stuck all day on a Saturday reviewing and taking tests – not for me. Also, the exam prep materials are amazing! I love the flash cards and the Quick Sheets. The instructors are amazing and I have felt very supported along the way. I would definitely recommend Dalton to others."
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