CFP Board Reports Rise in Number of CERTIFIED FINANCIAL PLANNER™ [Professionals], to 83,106

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CFP Board Reports Rise in Number of CERTIFIED FINANCIAL PLANNER™ [Professionals], to 83,106

Feb 26, 2019

The number of certified financial planners rose to an all-time high of 83,106 in 2018, and the universe of mark holders also became a little more diverse, according to the organization that grants the designation.

In statistics released Tuesday, the Certified Financial Planner Board of Standards Inc. showed a growth rate last year of about 3.8% from its certificant pool of 80,035 at the end of 2017.

The board said the number of female CFPs increased to 19,248, which also is a record. But the share of CFP holders who are women remained steady at 23%.

The number of African-American and Latino CFPs was 2,916, an 8% jump over 2017, but still much lower than is represented in the overall U.S. population (at about 3.5% versus 30%).

The CFP Board has made increasing the diversity of those who hold the designation a priority….  Read more >

By Mark Schoeff Jr.
January 15, 2019

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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.
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