CFP Board Announces July 2022 CFP® Certification Exam Results
Certified Financial Planner Board of Standards, Inc. (CFP Board) today announced the results of the July 2022 CFP® Certification Exam. The exam was administered during a July 11-18 testing window to 2,596 candidates, with 7% of candidates testing remotely. The pass rate for the July exam was 66%.
According to the July 2022 post-exam survey, most exam-takers (65%) are pursuing CFP® certification to become more skilled at their jobs and to better serve their clients.
The post-exam survey also showed that 71% of July candidates are under 40 years old and 36% are under 30 years old.
Over 70% of exam-takers reported receiving some level of financial support from their employers during the CFP® certification process. Further, two-thirds of exam-takers also reported that while they were preparing for the exam, the CFP Board provided the right information and resources at the right time. The top three CFP Board resources used by candidates were CFP Board Practice Exam 1, the Exam Candidate Handbook and the CFP Board Candidate Forum. Other resources used included the CFP Board Mentor Program, the Candidate Preparation Toolkit, webinars and scholarship opportunities.
“These post-exam survey results are an important testament to CFP Board’s efforts to help ensure that CFP® certification candidates can take the exam with confidence,” says CFP Board CEO Kevin R. Keller, CAE. “As CFP Board continues to grow and diversify the financial planning profession, it’s encouraging to hear that most exam registrants feel satisfied and supported by the resources and information we provide to help them advance in their careers.”
Historical exam statistics — including those from the July 2022 exam — are available on CFP Board’s exam statistics webpage.
November 2022 Exam
The CFP® exam is offered three times annually in March, July and November. Registration for the November 2022 CFP® Certification Exam is now open. This exam will be administered from November 1 through November 8, 2022. The registration deadline is October 18, and the Education Verification deadline is October 4. Testing appointments are scheduled on a first come, first served basis. We therefore encourage individuals to register for the exam at least 60 days in advance for the best date and site availability. Early registrants who schedule exams by September 6 are eligible for a discount.
To begin the path to certification, aspiring CFP® professionals should create accounts on CFP.net. Here, they can access resources for all stages of their certification journey.
CFP Board is the professional body for personal financial planners in the U.S. CFP Board consists of two affiliated organizations focused on advancing the financial planning profession for the public’s benefit. CFP Board of Standards sets and upholds standards for financial planning and administers the prestigious CERTIFIED FINANCIAL PLANNERTM certification — widely recognized by the public, advisors and firms as the standard for financial planners — so that the public has access to the benefits of competent and ethical financial planning. CFP® certification is held by more than 95,000 people in the U.S. CFP Board Center for Financial Planning addresses diversity and workforce development challenges and conducts and publishes research that adds to the financial planning profession’s body of knowledge.
Director of Public Relations