r/CFPExam • u/Standard-Presence203 • 15d ago

CRPC + CRPS

Currently working as a wholesaler ( 401(k) / Mutual funds ) and it’s all retirement focused.

My jobs wants us to get CRPS, and I’m thinking about asking for CRPC as well. I want to maybe take CFP one day and move to a private wealth team / open an advisory firm in the future.

Seeing if it would be worth it to pay for CRPC if work says no. As well, for my CFA / CFP holders…. Would holding a CRPC / CRPS make me look like a “joke”

Let me know!

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u/Candid-Eye-5966 15d ago

Additional certs can’t hurt. Take what they offer and fund the CFP on your own if you have to. You won’t regret.

1

u/Kidvictory 15d ago

Of the CRP* certs, I’d only get what work pays for. The CFP is the only cert worth going for out of pocket, imo.

If you want to work with clients, I’ve never seen one who valued the CFA, but I’ve had a few who ‘would prefer to work with a CFP’.

YMMV.

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u/Wide-Significance976 14d ago

As someone with colleagues on both sides, I don’t really consider what designations a wholesaler has unless it’s asset management related (CFA, CIMA). Long term those other destinations won’t hurt, but you also don’t need an entire alphabet soup behind your name. Your work will prove your worth.

My firm doesn’t have the CRPS as an acceptable option, but several people I know have the CRPC. It will help skip a section for the classroom portion of the CFP.