CFP Board Updates
CFP Board Records Milestone Year in 2024
CFP® Board Updates The CFP Board achieved record-breaking milestones in 2024, with the number of CFP® professionals reaching 103,093, a 4.3% increase from 2023. Additionally, 10,437 candidates sat for the CFP® exam, the highest in the Board’s history. These accomplishments align with the success of CFP Board’s public awareness campaign, which has significantly enhanced recognition…
Read MoreCFP Board Seeks Public Input on Proposed Updates to Competency Standards
CFP® Board Updates The CFP Board of Directors is inviting public comment on proposed revisions to the Competency Standards for CFP® certification, covering education, experience, examination, and continuing education requirements. These updates aim to keep the standards modern, relevant, and aligned with the evolving financial planning profession. To develop these recommendations, the CFP Board formed…
Read MoreCFP Board Announces November Exam Results
CFP® Board Updates The CFP Board has announced the results for the November 2024 CFP® Certification Exam, held during the testing window of November 6-13. A total of 3,755 candidates participated, with 6% opting for remote testing. This marks the second-largest group to ever take the CFP® Certification Exam in November. The pass rate for…
Read MoreHigh Satisfaction Among CFP Professionals
CFP® Board Updates The CFP Board has released findings from a recent survey of CERTIFIED FINANCIAL PLANNER® professionals, showing high satisfaction with their careers and highlighting the positive impact of CFP® certification on their professional lives. These insights come from the CFP Board’s 2024 survey, conducted by Heart + Mind Strategies LLC, which aimed…
Read MoreCFP Board Completes 2024 Compensation Study
CFP® Board Updates The CFP Board has released its updated Compensation Study, and it shows the CFP Professionals earn more than their fellow advisors without the certification. In fact, it revealed a median compensation of $192,000, which is 10% higher than those without the CFP® Marks. Not only that, CFP® Professionals report greater satisfaction with…
Read MoreCFP Board Certification Marks Usage Updated
CFP® Board Updates Say goodbye to the TM after CERTIFIED FINANCIAL PLANNER. It’s now an ®. The U.S. Patent and Trademark Office officially registered the CERTIFIED FINANCIAL PLANNER® mark earlier this summer, strengthening the legal protections. This change signifies a great achievement for the CFP Board and Professionals alike. It means the mark is now…
Read MoreCFP Board Releases July Exam Results
CFP® Board Updates The CFP Board announced the results of the July 2024 exam. This year’s July exam was administered between July 9th and 16th. During this window, 2,999 candidates took the exam, during which 65% received passing scores. The turnout for the July exam was the 2nd largest in exam history, demonstrating the growing presence of…
Read MoreCFP Board Announces new Chair-Elect
CFP® Board Updates At its July meeting, The CFP Board of Directors announced that it has elected Terri Kallsen as its 2025 Board Chair-Elect. She will serve as the Chair of the Board if Directors in 2026. Liz Miller, the 2024 Chair-Elect, will serve as Chair of the Board in 2025. To learn more about…
Read MoreCFP Board Announces 100,000th CFP Professional
CFP® Board Updates A very exciting update from the CFP Board who on May 29th announced the 100,000th person to become a CFP® Professional. Simone Lee of Merrill Wealth Management was the lucky person to reach the historic milestone. Simone is a 31-year-old financial advisor from New Jersey, and is a first generation American. Simone is following…
Read MoreCFP Board Research Reveals Millenials’ Top Life Goal
CFP® Board Updates A recent research report by the CFP Board shows “Financial Independence” is the #1 priority of millennials. The survey found 46% of individuals born between 1981 and 1996 cite financial independence or stability is their top life goal. Travel, a healthy and long retirement, career fulfillment, and developing lasting relationships were other…
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