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.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
