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.
A new proposal could end the ban on promoting client reviews in states like California and Connecticut, giving state-registered advisors a level playing field with their SEC-registered peers.
Morningstar research data show improved retirement trajectories for self-directors and allocators placed in managed accounts.
Some in the industry say that more UBS financial advisors this year will be heading for the exits.
The Wall Street giant has blasted data middlemen as digital freeloaders, but tech firms and consumer advocates are pushing back.
Research reveals a 4% year-on-year increase in expenses that one in five Americans, including one-quarter of Gen Xers, say they have not planned for.
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.
