Minorities, Women Rapidly Gaining Ground in Ranks of CFP Holders

By Alex Padalka January 17, 2020 Financial Advisor IQ

The ranks of certified financial planners became increasingly diverse during 2019, although white males still make up 73% of CFP professionals.

Overall, the board reported 86,378 CFP professionals at the end of 2019, an increase of 3.9% over the prior year, according to a press release from the CFP Board.

The number of female CFP designees reached 20,010 in 2019, according to preliminary counts, 4% higher than in 2018, the board says. Women now make up 23% of all CFP professionals...