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.
Chasing productivity is one thing, but when you're cutting corners, missing details, and making mistakes, it's time to take a step back.
It is not clear how many employees will be affected, but none of the private partnership’s 20,000 financial advisors will see their jobs at risk.
The historic summer sitting saw a roughly two-thirds pass rate, with most CFP hopefuls falling in the under-40 age group.
"The greed and deception of this Ponzi scheme has resulted in the same way they have throughout history," said Daniel Brubaker, U.S. Postal Inspection Service inspector in charge.
Elsewhere, an advisor formerly with a Commonwealth affiliate firm is launching her own independent practice with an Osaic OSJ.
Stan Gregor, Chairman & CEO of Summit Financial Holdings, explores how RIAs can meet growing demand for family office-style services among mass affluent clients through tax-first planning, technology, and collaboration—positioning firms for long-term success
Chris Vizzi, Co-Founder & Partner of South Coast Investment Advisors, LLC, shares how 2025 estate tax changes—$13.99M per person—offer more than tax savings. Learn how to pass on purpose, values, and vision to unite generations and give wealth lasting meaning
