Wendy Kester, a registered investment representative at PB Investment Services (a subsidiary of Paducah Bank), recently earned the Certified Financial Planner (CFP®) and Registered Financial Consultant (RFC) designations.
CFP certification, which is awarded by the CFP Board, requires not only education and a passing score on the comprehensive CFP Certification Exam, but also previous work experience and an agreement to adhere to a code of ethics and professional standards.
The RFC designation, awarded by the International Association of Registered Financial Consultants, is presented to financial advisors who meet seven criteria: education, examination, experience, ethics, financial licensure, conduct, and continuing professional education.
Kester, who has nine years of experience in the financial services industry, holds the NASD Series 7, 63, and 65 securities licenses. She also holds insurance licenses for life, health, and long-term care.
“On a personal level, obtaining the CFP designation was very rewarding. I love a good challenge, though when I started the program I had no idea just how consuming it would be,” Wendy reflects. “Being a wife and mother of two busy children plus a career is just about enough for anyone. Add about 8 hours per week of studying and it’s likely to break you! I must say, however, the hard work and sacrifice made the end result so much more gratifying.”
Wendy learned early on in her career that one of the things she enjoys most about working with clients is helping them feel confident about their future. “Financial planning is no longer just for the wealthy,” she comments. “It is essential that every individual knows where he or she wants to go in life and then have some idea about how to get there.”
Financial success means something different to everyone. For some, it may mean knowing exactly how they can pay for their children to attend college; for others, it means being able to transfer wealth to future generations without a tremendous tax burden. Working with an advisor to construct a written financial plan is the first step to achieving financial success, no matter how you define it. “At Paducah Bank, our financial planning process is customized to meet your individual needs,” Wendy adds. “We help you define your goals, analyze your current financial situation, and help you create a step-by-step plan which will help you get where you want to be. In addition, we offer a periodic review of your progress so you can evaluate how you are doing.”
In the ever-changing realm of the financial world, an advisor must be committed to continuing education to best serve clients. “Earning the CFP designation is only the beginning,” Wendy adds. “The pursuit of knowledge is ongoing, and so are the challenges. I wouldn’t have it any other way!” The Grand Chain, Illinois, native has been active with both the Paducah Area Chamber of Commerce and the United Way of Paducah. She and her husband, Kliff, have two children.