Code of Ethics & Professional Responsibility

CFP Board adopted the Code of Ethics to establish the highest principles and standards. These Principles are general statements expressing the ethical and professional ideals certificants and registrants are expected to dispolay in their professional activities. As such, the Principles are aspirational in character and provide and provide a source of guidance for certificants and and registrants. The Priniciples form the basis of CFP Board's Rules of Conduct, Practice Standards, and Disciplinary Rules, and these documents together reflect the CFP Board's recognition of certificants' responsibilities to the public, clients, colleagies and employees.  

Principle 1 - Integrity: Provide professional services with integrity. 

Integrity demands honesty and candorwhich must not be subordinated to personal gain and advantage. Certificants are placed in positions of trust by clients, and the ultimate source of that trust is the certificant's personal integrity. Allowance can be made for innocent errors and legitimate differences of opinion, but integrity cannot coexist with deceit or subordination of one's principles.   

Principle 2 - Objectivity: Provide professional services objectively. 

Objectivity requires intellectual honesty and impartiality. Regardless of teh particular service rendered or the capacity in which a certificant functions, certificants should protect the integrity of their work, maintain objectivity and avoid subordination of their judgement. 

Principle 3 - Competence: Maintain the knowledge and skill necessary to provide professional services competently. 

Competence means attaining and maintaining an adequate level of knowledge and skill, and application of that knowledge and skill in providing services to clients. Competence also includes the wisdom to recognize the limitations of that knowledge and when consultation with other professionals is appropriate or referral to other professionals necessary. Certificants make a continuing committment to learning and professional improvement.

Principle 4 - Fairness: Be fair and reasonable in all professional relationships. Disclose conflicts of interest. 

Fairness requires impartiality, intellectual honesty, and disclosure of material conflicts of interest. It involves a subordination of one's own feelings, prejudices, and desires so as to achieve a proper balance of conflicting interests. Fairness is treating others in teh same fashion that you would want to be treated. 

Principle 5 - Confidentiality: Protect the confidentiality of all client information. 

Confidentiality means ensuring that information is accessible only to those authorized to have access. A relationship of trust and confidence with the client can only be built upon the understanding that the client's information will remain confidential. 

Principle 6 - Professionalism: Act in a manner that demonstrates exemplary professional conduct. 

Professionalism requires behaving with dignity and courtesy with clients, fellow professionals, and others in business-related activities. Certificants cooperate with other certificants to enhance and maintain the professional's public image and improve the quality of service. 

Principle 7 - Diligence: Provide professional services diligently. 

Diligence is the provision in a reasonably prompt and thorough manner, including the proper planning for, and supervision of, the rendering of professional services.. 

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