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CFP® Certificants in the News: CFP® Professionals, Job Satisfaction and Demographics

CFP Board Releases 2019 Survey of CFP® Professionals.

CFP Board surveys its Certificants every two years. The 2019 survey canvassed 800 CFP® Professionals and addressed a number of topics, including job satisfaction and key demographic metrics.

Job Satisfaction

CFP Board reported a continued trend of high job satisfaction among CFP® Professionals working as financial planners. According to the survey responses:

93% “are satisfied with their career choice”

92% “are satisfied with their decision to pursue CFP® certification”

89% “would recommend CFP® certification”

Demographic metrics

The report highlights:
  • Continued growth in total CFP® professionals since 2015,
  • Little change in the male to female certificant ratio, and
  • An interesting change in age demographics.

Continued Growth

  • Almost 10,700 new CFP® certificants were added since the end of 2015.
  • CFP® certificants now number 84,356 - an increase of 14.5% from 2015.

Male/Female Ratio

  • This ratio has remained constant since the end of 2015.
  • There is about one female for every 3 male CFP® certificants.

Age Demographics

  • New blood
    • 4% increase in certificants from age 24 through 49
  • Retirement news
    • 3% decrease in the age 50 through 69 demographic
  • You’re never too old to help clients!
    • 1.5% increase among those certificants age 70 or more

Conclusion

CFP® practitioners overwhelmingly enjoy their financial planning careers and the
CFP® mark is alive, well, and growing!