The number of advisers holding the Certified Financial Planner designation grew 3.9% to 86,378 last year, according to the CFP Board of Standards.
The board noted that Black and Latino CFPs now total 3,259, up 12% last year, while the number of female CFPs grew by 4% to 20,100, breaking the 20,000 level for the first time.
In addition to more effective outreach to women and people of color, the board attributed the overall growth in the number of CFP professionals in part to its encouragement of and support for firms that are moving toward more holistic advice models, requiring that advisers hold the CFP mark.
Inflation delays treatment while insured patients still fight for medication access
Public support grows for policies that spread AI’s financial gains beyond tech companies.
Investment banking fees rose 30% on a wave of IPOs and megadeals, led by the largest public listing on record.
Series A funding from Portage, Bain Capital, and other investors will fuel data tools designed to speed advisor transitions and cut onboarding delays across wealth firms.
The Minneapolis-based RIA aggregator is adding two North Carolina practices managing nearly $1 billion, pushing its total client assets past $158.2 billion.
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
