The Certified Financial Planner Board of Standards Inc. reported that 66% of those who took the CFP exam in July passed.
According to the CFP Board, 2,596 individuals took the exam between July 11 and July 18, with 7% of them doing so remotely.
A post-exam survey found that 71% of those taking the exam in July were under 40 years old, and 36% were under 30.
More than 70% of those taking the exam said they received some level of financial support from their company as they pursued their CFP certification. The test-takers said the top three CFP Board resources they used to prepare for the exam were the CFP Board Practice Exam 1, the Exam Candidate Handbook and the CFP Board Candidate Forum.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
