An individual securities account that is a taxable account, meaning that any capital gains are taxed at capital gains rates. Account holders can own any form of security in these accounts, and they are the simplest form of investment account.
CFP® certification is a voluntary certification granted in the United States by Certified Financial Planner Board of Standards, Inc. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. Individuals who become certified are required to complete continuing education.