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.
Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.
The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.
The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics.
Chief economists, advisors, and chief investment officers share their reactions to the June US employment report.
"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.
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.
