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.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
