Which is more popular, CFA or CFP?

Many people will ask: which is more popular, CFA or CFP? Judging from the work of the holder, people in the high-end financial industry hold more CFA certificates, and CFA is considered as a higher-level certificate, which can reflect the investment professional ability of candidates. CFP is a low-end financial manager certificate, which is suitable for financial consultants of securities companies and banks. So, generally speaking, if your job is only to manage funds on behalf of customers, then CFP certificate is enough. If you are engaged in the research department of an investment bank or the investment analysis and research work of a large foreign-funded company in the world, then the CFA certificate can be widely recognized and recognized by employers. If you look at the job advertisements of Morgan Stanley, Goldman Sachs, JPMorgan Chase, Fidelity Fund and Capital Group, or have participated in their interviews, you can understand their recognition of CFA certificates. However, CFP certificates are generally suitable for financial advisers, and CFP certificates are more relevant and more suitable for financial advisers, because they focus more on financial analysis and management. Judging from the difficulty and authority of the exam, CFP certificate is easier to obtain than CFA, so the authority is relatively discounted. CFP can basically get the certificate as long as the training is paid, but the training does not have to be offline, and candidates can get it as long as they participate in online training. This examination mode is similar to many MBA courses now, and you can get a certificate as long as you pay for training. But CFP is easier. After all, unlike MBA, there is no entrance threshold for the national MBA entrance exam, but you can pay directly. CFA does not require candidates to participate in the training of designated training institutions, and the examination is more difficult than CFP. They must pass the Level 3 exam, and it usually takes three years to get CFA certificate. Moreover, the CFA exam pass rate is low, generally about 35% for the first and second level exams and about 50% for the third level exams, and the proportion of candidates who can finally pass the third level exams and get certificates is even lower. The difficulty of exams often determines the rarity of qualifications. Similar to the CPA, national judicial examination and sponsor representative examination, the passing rate is extremely low, so the candidates who can finally get the certificate are correspondingly more popular. Generally speaking, CFA is more popular in the high-end financial sector, while CFP is more suitable for the low-end financial sector.