Advanced Diploma of Financial Planning (ADFP) Practice Test

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Which organization awards the CFP marks?

National Financial Planning Association
Certified Financial Planner Board of Standards, Inc.
American Institute of Certified Planners
Financial Planning Standards Council

The correct answer is: Certified Financial Planner Board of Standards, Inc.

The organization that awards the Certified Financial Planner (CFP) marks is the Certified Financial Planner Board of Standards, Inc. This board is responsible for setting the standards for financial planning education, examination, experience, and ethics, and it plays a crucial role in the certification process. The CFP marks signify that an individual has met the rigorous educational and ethical standards required for financial planning professionals. The other organizations mentioned have their own roles in the financial planning profession but do not award the CFP designation. For instance, the National Financial Planning Association primarily focuses on advocacy and promoting financial literacy but does not grant the CFP marks. The American Institute of Certified Planners is not the certifying body, and while the Financial Planning Standards Council was involved in certification in Canada, it doesn't award the CFP marks in the U.S. context. Hence, the correct answer highlights the central authority that specifically oversees and awards the CFP designation.