Yeske Buie is pleased to share that Jack Petras has passed the CFP® Exam! Jack has been studying for the exam every day since February with the expectation of taking the test during the July examination period. While COIVD-19 added some bumps along his road to exam day, Jack remained dedicated to his routine and ultimately earned the success he was seeking. After passing the exam, Jack said, “It was rewarding to have set a goal for myself in at beginning of the year to pass the exam and see it come true (regardless of external factors). It was a huge relief when I finished the exam and saw “pass” pop-up on the screen and to know that all the hard work had paid-off. None of this would have been possible without the support of the Yeske Buie team along the way and for that I am very grateful! I’m excited to see what’s next in my career at Yeske Buie and as a financial planner.”
With this accomplishment, Jack is well on his way to earning his CFP® Certification. The journey to becoming a CFP involves satisfying the CFP Board’s “Four Es”:
- EDUCATION: Jack fulfilled the education requirement when he earned his bachelor’s degree in Consumer Economics with a concentration in Financial Planning from the University of Illinois in 2019.
- EXAMINATION: Jack passed the CFP Exam on September 29, 2020. The exam is designed to assess a candidate’s ability to apply their financial planning knowledge in an integrated format to financial planning situations.
- EXPERIENCE: After the examination requirement is complete, candidates must then accumulate 4,000 hours of apprenticeship experience under the direct supervision of a CFP®. Jack expects to have the experience necessary to qualify to be a CFP Licensee upon his graduation from the Yeske Buie Financial Planning Resident program.
- ETHICS: The final step is to complete an ethics certification which includes an inquiry into the candidate’s background and an agreement to adhere to the CFP Board’s Code of Ethics.
As the reality of this accomplishment sunk in, Jack shared, “I am going to have to retrain my systems because studying became such a big part of my routine. It’s been nice to spend time on other interests like going to my brother’s cross-country meet, picking up casual reading again, and making weekend plans with my friends!”
Congratulations, Jack! We at Yeske Buie look forward to the next two years of our journey together serving our Clients and pursuing our passion for financial planning.