Adviser Recruiting May Need New Tack for Women

News & Events


CFP Board in the News

Adviser Recruiting May Need New Tack for Women

Nov 20, 2017

Supplies are running low and outreach needs to grow

Independent registered investment advisers may need to rethink how they are recruiting female advisers if they expect to continue growing over the long term.

In "2016 U.S. Advisor Metrics," Cerulli Associates reported that women make up 16% of the total financial adviser population. And RIAs have even fewer on board — at just 13%.

Enrollment in college financial planning programs highlights that the gender issue starts in school. The ratio of male to female students hovers at about 3 to 1 nationally, according to the CFP Board's 2014 report, "Making More Room for Women in the Financial Planning Profession." Read more >

By Kate Healy
November 20, 2017 

Speaker's Bureau
CFP Board’s leadership and representatives are available for interviews and speaking engagements on personal finance, the financial planning profession, CFP Board and the CFP® designation.

Did You Know?

Among clients who work with an advisor, 87% of those working with a CFP® professional are satisfied or very satisfied, compared with 72% of those who work with an advisor without certification.
Anyone can call themselves a “financial planner.” Only professionals who meet CFP Board’s rigorous standards can call themselves CERTIFIED FINANCIAL PLANNER™ professionals.
The 2013 Household Financial Planning Survey shows that those with a financial plan feel more confident and report more success managing money, savings and investments than those without a plan.
Let's Make A Plan
Don't address your finances individually. Pull your finances together with the help of a CFP® professional.