CFP Board Survey Reveals Lucrative Compensation for Certified Financial Planners

Posted on March 6th, 2024 at 1:46 PM
CFP Board Survey Reveals Lucrative Compensation for Certified Financial Planners

From the desk of Jim Eccleston at Eccleston Law

According to the inaugural compensation survey conducted by the Certified Financial Planner (CFP) Board, financial planners enjoy substantial earnings when they are Certified Financial Planners (CFPs). According to Barrons, the survey indicates that in 2022, the median total compensation for financial planners was $198,500. However, CFPs earn more, boasting a 12 percent higher median income than their non-certified counterparts.

With efforts to bolster the profession and expand the pool of CFPs, the CFP Board has seen significant growth in certified professionals, with nearly 100,000 individuals now holding the credential. Through initiatives to promote the profession and the CFP designation, the Board champions financial planning as a rewarding and lucrative career path for aspiring professionals.

 

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

Tags: eccleston, eccleston law

Return to Archive

TESTIMONIALS

Previous
Next

Thank you for your professional assistance with this matter. You are very good at what you do.

John T.

LATEST NEWS AND ARTICLES

February 12, 2026
CFTC Signals New Rulemaking for Prediction Markets and Crypto Oversight

The Commodity Futures Trading Commission (CFTC) plans to develop new regulations governing the growing prediction markets industry, Chairman Michael Selig announced, signaling a shift in regulatory strategy.

February 11, 2026
Ameriprise Advisor Phishing Incident Potentially Exposes Client Data

A phishing incident involving an Ameriprise Financial advisor potentially exposed the personal information of hundreds of clients, according to a disclosure posted by the Maine Attorney General’s office.

February 10, 2026
Merrill Lynch Expands Client Disclosures on Crypto and AI Risks

Merrill Lynch updated its required client disclosure brochure to address, for the first time, the evolving risks tied to cryptocurrency-linked investments and the firm’s expanding use of Artificial Intelligence tools.