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Our Impact

Since its launch in 2015, the CFP Board Center for Financial Planning has made significant strides to advance the financial planning profession by improving the health of our talent pipeline, fostering greater diversity within our workforce and increasing the quality of our practitioners’ knowledge and insights. Learn more by accessing our 2020 Annual Report.

ADVANCING FINANCIAL PLANNING

Creating a More Diverse & Sustainable Profession

CFP Board Center for Financial Planning programs focus on improving gender and racial diversity in the profession, attracting and developing the next generation of financial planners, and building an Academic Home that fosters research, expands the body of financial planning knowledge and fuels the growth of new faculty and students.

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Our IMpact: By the Numbers

The Center’s initiatives are having a meaningful and positive impact. We are developing innovative solutions for the growth and sustainability of our profession by leveraging rigorous research, research-based programs and broad collaborations.

View our 2020 Annual Report.

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83%
Increase in the number of CFP® professionals under 30 years of age since 2016.
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6,032

New women CFP® professionals since 2016, bringing the total number to 20,632.

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3,688

African American and Latinx CFP® professionals in 2020 — nearly 5 times the growth rate of all CFP® professionals during the year.

Our INITIATIVES

Learn more below about the progress we're making in these areas to ensure a diverse, resilient profession and pipeline of talent.

FINANCIAL PLANNER WORKFORCE

Building a Talent Pipeline

The Center has awarded 100 scholarships totaling nearly $500,000 to aspiring CFP® professionals. Eleven scholars have become CFP® professionals and 42 others are in the final stages. Here are some other ways we're helping to build and diversify the pipeline of talent.

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KNOWLEDGE
65K+ 

views and downloads of the Financial Planning Career Paths guide for employers since 2019.

CAREER RE-ENTRY
92%

conversion to full-time positions in the Financial Planner Re-entry Initiative pilot program.

CAREER OPPORTUNITIES
27K+

Job seekers registered at the CFP Board Career Center, where 55 new job postings are added every month.

Fostering diversity & Inclusion

971 ATTENDEES

from firms, academia and non-profits convened at the Center's third annual Diversity Summit, held virtually over 3 days in 2020.

2,380 CANDIDATES

opted into the Candidate Referral Program with 9 total firms.

3,700+ engagements

created between mentees and CFP® professional mentors since 2016.

4,000+ STORIES & MESSAGES

posted on social media using #CFPPro as part of the “I am a CFP® Pro” campaign.

BUILDING THE CAPACITY OF THE CENTER FOR LONG-TERM IMPACT

Since the Center was founded in 2015, we have raised more than $15.1 million in cumulative gifts and pledges from more than 5,900 corporate sponsors and individual donors to support our work.

volunteers
volunteers
3,300+

volunteers have supported the Center and its initiatives.

partnerships
partnerships
20

partnerships created with organizations focused on workforce development and diversity.

research
research
5

original research projects completed.

Center Annual Reports

The Center's annual reports highlight the impact of our programs within each of our three focus areas:

  • Talent Pipeline: Attracting and cultivating a quality workforce to grow the profession.
  • Diversity and Inclusion: Developing a workforce that better reflects our country's changing demographics.
  • Knowledge for Practice: Elevating financial planning as a recognized academic discipline while building a research-based body of knowledge for practitioners.

Our annual reports also acknowledge the thousands of corporate sponsors, individual donors and volunteers who have generously given their resources and time to support the Center. 

2020 Annual Report

Previous reports:

Support The Center

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