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What is the difference between a CFP and CFA license?

I know that CFP is certified financial planner, and CFA is certified financial analyst, but these two licenses seem so similar to me, that I can't decide which one to pursue. What are the pros and cons to each of these? What are the requirements for attaining each of them? Also, for those of you who know the nature of the work of financial analysts and financial planners, could you please describe what their daily work responsibilities are? Is a job as an analyst simpler because you're just analyzing, instead of planning? If you know any additional factors to both these jobs, please let me know.

Asked By: Carmen - 3/15/2007
Best Answer - Chosen by Asker
First, note that these are not licenses, they are professional deignations. You can be an analyst or a financial planner without them, but having them shows that you have taken the trouble to get an extra level of professional training... More
Answered By: Edward W - 3/15/2007
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