A Note from Actuary and Author Peter Neuwirth, FSA, FCA — I invite you to tune in for this month’s episode of my podcast and video show, Money Mountaineering, where for 30 minutes, financial experts help us answer the question: What’s your future worth?
Meet our guest: Marguerita Cheng, CFP® Pro
Today’s topic: The journey to becoming a financial planner — Diary of a CFP® Pro
Petes asks Marguerita:
Why did you become interested in retirement income planning?
Tell us about your new book, Diary of CFP Pro: diaryofacfppro.com
This is your second book, the first being Wealth Management Rules: wealthmanagementrules.com
These books seem to culminate everything you’ve learned in your career. Tell us how you got into the business of being a CFP.
How do you do business differently than other financial planners?
You are a big supporter of women and minorities and do a lot to help others succeed in the financial planning businesses. You were recently appointed to be a member of the CFP Board. Tell us about your work for that organization and why you are inspired to help others.
You are closing in on 100 episodes of your podcast show, Margaritas with Marguerita, and have interviewed many interesting guests. What is your biggest takeaway from hosting that show?
What are your plans for the future?
About Marguerita Cheng: Rita is the founder and Chief Executive Officer of Blue Ocean Global Wealth. She has also been a spokesperson for the AARP Financial Freedom Campaign and a regular columnist for Investopedia & Kiplinger. Previously, she was a Financial Advisor at Ameriprise Financial and an analyst and editor at Towa Securities in Tokyo, Japan.
Her certifications include: CFP® professional, Chartered Retirement Planning CounselorSM, Retirement Income Certified Professional® and a Certified Divorce Financial Analyst. As a Certified Financial Planner Board of Standards (CFP Board) Ambassador, Marguerita helps educate the public, policy makers, and media about the benefits of competent, ethical financial planning. She serves as a Women’s Initiative (WIN) Advocate and subject matter expert for CFP Board, contributing to the development of examination questions for the CFP® Certification Examination.
Rita volunteers for several organizations including: CFP Board Disciplinary and Ethics Commission (DEC) hearings, she has also served on the Financial Planning Association (FPA) National Board of Directors from 2013-2015 and is a past president of the Financial Planning Association of the National Capital Area (FPA NCA).
Her awards include: Ameriprise Financial Presidential Award for Quality of Advice and the prestigious Japanese Monbukagakusho Scholarship. In 2017, she was named the #3 Most Influential Financial Advisor in the Investopedia Top 100, a Woman to Watch by InvestmentNews, and a Top 100 Minority Business Enterprise (MBE®) by the Capital Region Minority Supplier Development Council (CRMSDC).