Way to Go! Sid Ruth Passes the Certified Financial Planner Certification Exam

For the first time in my career there is no big test on my horizon,” says Sidney J. Ruth, CPA, CFP®, a Financial Advisor at FIFS.

While his education will continue each year, Sid can breathe a sigh of relief since finding out he passed the Certified Financial Planner (CFP®) Certification Examination authorizing him to use the CFP®, CERTIFIED FINANCIAL PLANNER™ designations.

Studying Hard
This past November, Sid sat for 10 hours to complete the exam. After finding out he passed 10 weeks later, he went out to dinner to celebrate. According to him it was now or never; Sid and his wife Kristi are expecting a baby this spring.

“The pressure was certainly on, I knew the odds of studying after the April arrival of our baby would be challenging to say the least,” says Sid.

Sid, a financial advisor at FIFS for five years, says earning the CFP® designation was a natural progression, “in the areas of financial planning and investment management, it’s critical to obtain the CFP® designation because our clients expect the best advice and we’re trying to deliver that.”

What the Designation Means
The CFP®, CERTIFIED FINANCIAL PLANNER™ marks identify those individuals who have met the rigorous experience and ethical requirements, have successfully completed financial planning coursework, and have passed the CFP® Certification Examination covering the following areas: the financial planning process, risk management, investments, tax planning and management, retirement and employee benefits, and estate planning. CFP® certificants must also agree to meet ongoing continuing education requirements and to uphold CFP Board’s Code of Ethics and Professional Responsibility and Financial Planning Practice Standards.

Sid has worked at FIFS since 2001 and is responsible for assisting individuals and businesses in the areas of investment management, retirement planning, personal financial planning, and estate planning.

FIFS Connection, Spring 2007, Vol.4, No. 2