The Certified Financial Planner Board of Standards (CFP Board) announced today that it has no plans now or in the future to begin using a CFM acronym.
This announcement is in response to a nationally-distributed press release issued by the Institute of Management Accountants (IMA) that contained misleading statements about a ‘Certified in Financial Management’ (CFM) acronym. The press release indicated that the IMA made demands on the CFP Board regarding the issue. The CFP Board denies that any communication took place between the two organizations on the subject.
The CFP Board owns the Certified Financial Planner (CFP) marks and the CFP certification mark. Currently, there are 34,465 individuals licensed as CFPs in the United States.