KomFi. Academy

Free Certified Financial Planner Prep (CFP)

Certified Financial Planner practice across the eight CFP Board principal knowledge domains: retirement, tax, estate, insurance, investments, psychology of financial planning, professional conduct, and the planning process. Scenario stems with Parameter Lock numbers, full distractor explanations, flashcards, glossary Learn More, and vault treatise depth.

Start free Certified Financial Planner prep: 3,000 questions with full explanations →

CFP Certification Exam at a glance

Administered byCFP Board (Certified Financial Planner Board of Standards); delivered by Prometric.
Who it is forCandidates for CFP certification who have completed a CFP Board Registered Program or met the education requirement another way.
DeliveryComputer-based at 265+ Prometric test centers across the U.S. (the handbook also mentions remote testing).
Total time6 hours of testing within a 7-hour appointment (includes check-in and a scheduled lunch break).
Sections170 multiple-choice questions in two 3-hour sections, each with two subsections; no returning to earlier subsections.
Question typesMultiple choice, focused on applying financial planning knowledge to scenarios.
ScoringPass/fail; results by secure email within four weeks after the window closes. Candidates who fail receive a diagnostic report.
FeeOctober 2026 exam: US$825 early, US$925 standard, US$1,025 late.
When offeredThree times a year (March, July and October) in 8-day testing windows.
RetakesLifetime maximum of 5 attempts; maximum 3 attempts in 24 months.
Recent changesThe fall window moved from November to October (October 2026 handbook). Recent pass rates: 67% (March 2026), 66% (July 2026).

Source: CFP Board, checked October 21, 2026. Fees and policies change: confirm with the official site before you register.

Certified Financial Planner practice by topic

How do I study for the CFP exam?

Treat it as integrated planning judgment, not siloed product trivia. Drill retirement, tax, estate, and insurance together, then confirm every dollar figure against the current Parameter Lock. KomFi gives you 3,000 Certified Financial Planner practice questions with full explanations, 1,000 flashcards, Detailed Tutorials, a curated glossary, and the KomFi 2026 CFP treatise in the vault.

How hard is the CFP exam?

It is a long case-style exam. Candidates who pass usually connect domains under time pressure and avoid stale-law traps on contribution limits, RMD ages, and transfer-tax exclusions.

Where can I find free CFP practice questions?

KomFi publishes free Certified Financial Planner practice here. Basic includes 50 questions every week with explanations; Pro unlocks the full bank, flashcards, and simulations. KomFi Academy is independent and not affiliated with or endorsed by CFP Board. CFP® is a registered trademark of Certified Financial Planner Board of Standards, Inc.

Free Certified Financial Planner practice questions

  1. What percentage of the conversion will be subject to ordinary income tax?
  2. Which stage of the Transtheoretical Model best describes the Ainsleys?
  3. What is their maximum Section 199A deduction?
  4. For 2026, what is the maximum amount Ainsley can transfer directly to a public charity while satisfying her…
  5. What amount of gain is excluded from tax under Section 121?
  6. What is the niece's recognized gain or loss for tax purposes?
  7. What is his QBI deduction for 2026?
  8. How much of that conversion is taxable?
  9. What passes to the remainder beneficiaries free of transfer tax?
  10. What should the planner's next step be?
  11. What amount of the withdrawal right will 'hang' and remain exercisable by James at the end of the year?
  12. Which would be20,000 at her Full Retirement Age (FRA). If Keene claims a spousal benefit instead, what is the…
  13. Based on CFP Board Practice Standards, what is the correct action?
  14. Fenwick owns a non-qualified deferred annuity with a… What is the tax result of this exchange under Section…
  15. The Ainsley ILIT is designed to ensure contributions… What is the technical term for this drafting device?
  16. How much of the transfer qualifies for the unlimited marital deduction?
  17. How much of the trust's value is included in her gross estate?
  18. The Ainsleys want to know if they can give James a Crummey… How much of this gift qualifies for the 2026…
  19. Chloe Ainsley is 12 years old. Her parents fund an ILIT… Does this lapse consume any of Chloe's15,000,000…
  20. Which is 65,000 per year. If Keene pays the university directly, what is the impact on his 2026 gift tax…
  21. The Keene family includes a daughter who is a key employee… Based on Section 79, how much of this coverage is…
  22. Following the CFP Board's Financial Planning Practice Standards, which action should the planner take first?
  23. Which statement is true regarding their 2026 IRA contributions?
  24. What is the federal estate tax due?
  25. Which professional duty or standard should the planner apply to determine the scope of the engagement?

More ways to study Certified Financial Planner

Related topics