News & Updates
CFP Board Exam Pass Rate was 65% in March 2023
CFP® Board Updates The most recent CFP Board exam, administered in March 2023, produced a pass rate of 65%. That was in increase of 1% from November 2022, and in-line with previous exam pass rates that all hovered in the mid-60% range. There was also a record number of exam test takers in March, with…
Read MoreAdvanced Roth Strategies—Part II of II
Good to Know This article continues our goal to create or deepen a financial advisor’s awareness of the creative use of Roth IRAs or Designated Roth Accounts in special circumstances such as: Resolving the tension between building an emergency reserve and saving for retirement, Reducing income taxes on Social Security Benefits for retirees, and Lowering…
Read MoreResults From March CFP Board Exam
CFP® Certificants in the News The results are in. We saw a continuation of existing trends and at least one surprise from the results of the March 2023 CFP Board Exam, including: Number of examinees taking the exam, Primary reason for taking the exam, Employer-provided financial support. Number of Examinees Taking the Exam An impressive…
Read MoreAdvanced Roth Strategies—Part I of II
Good to Know This article is intended to create or deepen a financial advisor’s awareness of the creative use of Roth IRAs or Designated Roth Accounts in special circumstances such as: Business Owners with Net Operating Losses and High-Income Clients that are ineligible for a Roth IRA contribution. Caveat—this article is meant to raise awareness…
Read MoreCFP Board Holding Virtual Career Fair April 21st
CFP® Board Updates The CFP Board Career Center, whose focus is on connecting highly-qualified talent withs firms, will be hosting a career fair on April 21, 2023. This is the go-to event for employers and job seekers in the financial planning profession. The event will connect top employers in the financial services industry with highly…
Read MoreAre You Being Scammed by IRS Impersonators?
Good to Know Scamming—especially income tax scamming—is on the rise yet again. Even if you’ve already filed your income tax return, you may not be immune from clever and, in one case, particularly loathsome villainy. The IRS recently published a list of common scams and we’ll focus on three in today’s article, including: IRS impersonators,…
Read MoreOpportunities for Financial Advisors
CFP® Certificants in the News What do an aging financial advisor community and an increasing demand for financial planning tell us? According to CFP Board, our profession needs a talent pipeline; CFP Board is supporting this effort in three ways: GUIDE TO CAREERS IN FINANCIAL PLANNING publication, FINANCIAL PLANNING CAREER PATHS Guide, and SCHOLARSHIPS. We’ll…
Read MoreCFP Board Continues Its Diversity Focus
CFP® Certificants in the News According to CFP Board “The Abacus Wealth Partners Scholarship for Increased Diversity in Financial Planning aims to advance the financial planning profession by providing financial assistance to students pursuing CFP® certification who are from populations underrepresented in the profession and have a financial need (emphasis added).” About The Sponsor Abacus…
Read MoreHow Have You Planned for Healthcare Costs in Retirement?
Good to Know The purpose of this article is to separate fact from fiction and help you motivate clients to plan, starting now, for the inevitable healthcare costs in retirement. We’ll start with good news—Americans are living longer. Average life expectancy increased by almost 10 years during the 50 years ending in 2010, according to…
Read MoreCFP Board Announces Dates for 2023 Conference
CFP® Board Updates The 2023 CFP Board Conference will again be a combined conference of CFP Board Registered Programs and the Annual Firms Summit. Through combined sessions as well as firm and registered program specific tracks, conference attendees will have a special opportunity to meet, network, and share knowledge that advances their roles in and…
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