Certified Public Accountants (CPAs) are witnessing a significant milestone in the profession's evolution.

As of the beginning of this year, a substantial portion of the questions in the "tax compliance and planning" discipline of the CPA exam now encompass financial planning and retail tax services for individuals. As reported by FinancialPlanning, this change mirrors the increasing convergence between wealth management and tax professionals and underscores efforts within the CPA community over the past decade to integrate financial planning into their practice.

Topics covered include qualified retirement plans, investing, education funding, and risk mitigation through insurance.

According to Jean-Luc Bourdon, founder of Lucent Wealth Planning, this development signifies a collective effort within the profession to provide more comprehensive and integrated personal financial advice, ultimately benefiting CPA clients.

Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.