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CFP Board Reaches Milestone with 100,000 Certified Financial Planners

Posted on July 11th, 2024 at 3:27 PM
CFP Board Reaches Milestone with 100,000 Certified Financial Planners

From the desk of Jim Eccleston at Eccleston Law

The CFP Board recently announced a significant milestone, surpassing 100,000 Certified Financial Planners (CFPs). Barron’s reports that this achievement marks a major step in the organization’s ongoing efforts to grow its ranks and establish the CFP credential as essential for financial advisors.

Since Kevin Keller became CEO of the CFP Board in 2007, the number of CFPs has doubled. The board highlighted Simone Lee of Merrill Wealth Management as the 100,000th CFP professional, reflecting the highest number of CFP professionals ever dedicated to serving the public’s need for competent and ethical financial planning.

CFP professionals now make up about one-third of retail financial advisors. As demand for CFPs continues to grow, the CFP Board is actively working to build a sustainable talent pipeline.

Through its Career Center, the board connects employers with skilled professionals and fosters a diverse workforce that mirrors American communities.

 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

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