The CFP Board Center for Financial Planning awarded 80 new scholarships in 2021, an increase of 67% from 48 awards in 2020.
The record number of scholarships provided more than $300,000 to recipients, an increase of 50% from the more than $200,000 awarded in 2020.
Since its first scholarship program began in 2016, the CFP center has awarded 180 scholarships, providing more than $800,000 to aspiring financial planning professionals.
The center currently administers 10 scholarship programs launched jointly with sponsors and donors, of which five were launched in 2021. Each scholarship program assists individuals with completing the education and exam requirements for CFP certification, the CFP Board said in a release.
The latest updates to its recordkeeping platform, including a solution originally developed for one large 20,000-advisor client, take aim at the small to medium-sized business space.
Crypto investor argues the federal agency's probe, upheld by a federal appeals court, would "strip millions of Americans of meaningful privacy protections."
Meanwhile in Chicago, the wirehouse also lost another $454 million team as a group of defectors moved to Wells Fargo.
The broker-dealer giant's latest acquisition agreement extends its push towards offering enhanced financial planning and investment management.
Resilient market will be led by companies that don't shy away from deals.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
