There are differences between QAFP® certification and CFP® certification. Understanding them can help you choose a professional financial planner to best suit your needs.

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QAFP Professionals

  • If you need help managing cash flow, creating a budget or tackling credit card debt, a QAFP professional may be right for you
  • They offer financial advice for today’s speed of life
  • They have the knowledge, skills, experience and ethics to provide financial planning strategies and solutions for clients who are in the process of building their financial well-being
  • They must complete a comprehensive education program focused on technical and professional skills, pass a national exam, have a post-secondary diploma and demonstrate one year of qualifying work experience
Certified Financial Planner logo

CFP Professionals

  • If you are navigating a complicated financial landscape that could range from cross-border taxation issues, managing a large estate or small business or estate planning for a blended family, a CFP professional can help
  • They work with their clients to build a financial plan so that they can Live Life Confidently
  • They have the knowledge, skills, experience and ethics to understand their clients’ situations at a complex level
  • They must complete a rigorous education program, pass a national exam, demonstrate three years of qualifying work experience and meet standards of competence and professionalism

Both QAFP professionals and CFP professionals must adhere to the FP Canada Standards Council™ Standards of Professional Responsibility.

The standards include a Code of Ethics, Rules of Conduct, Fitness Standards and Practice Standards.

Learn about the FP Canada Standards Council →

What Works for You?

What you need from your professional financial planner is often very different from what someone else needs. Here are some questions and considerations to ask yourself – and your potential planner – as you chart your course to financial well-being.

Get to Know a Planner 

Working with a CFP professional or QAFP professional who you trust will help you succeed, no matter your age, income, or background. Get to know just a few of the professional financial planners working across Canada below! 


Meet Fred Zhou

CFP® Professional, TD Wealth, British Columbia

Read about a day in Fred's life


Meet Glen Dilworth

QAFP® Professional, RBC Financial Planning, Ontario

Read about a Day in Glen's Life


What's Next?

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