CFP Board Pass Rates—July 2022 Exam
CFP® Certificants in the News
This article will summarize pass rates, note consistency with prior exam results, and highlight demographics related to the July 2022 CFP Board exam. We begin with pass rates.
Consistency
- First-time exam takers scored an average of 69%, compared to 67% (March 2022) and 62% (November 2021), and
- Repeat exam takers scored an average of 54%, compared to 58% (March 2022) and 48% (November 2021).
Demographics
Testing Site—about 9 of every 10 examinees took the exam at a brick-and-mortar test site.
Age—interestingly, most of the exam takers (71%) were relatively young at under 40 years of age. A full 36% of exam takers were even younger—below age 30.
Motivation—7 of every 10 examinees cited “becoming more skilled at their job to better serve their clients” as the primary motivation behind seeking certification.
Employer-Support—70% of examinees received some level of support from their employer.
Summary
Click our CFP® Curriculum when you consider CFP® certification. You’ll discover a select few of the reasons our students’ pass rates are much higher than the averages discussed herein. Data for this article was taken from historical pass rates, Exam Statistics, and CFP BOARD ANNOUNCES JULY 2022 CFP(R) CERTIFICATION EXAM RESULTS
Disclaimer
The information presented herein is provided purely for educational purposes and to raise awareness of these issues; it is not meant to provide and should not be used to provide legal, compliance, investment, tax, estate, insurance, retirement, or financial planning advice of any kind. An experienced and credentialed professional should be consulted in advance with respect to the issues discussed herein. There are variations, alternatives, and exceptions to this material that could not be covered within the scope of this article.
