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CFP Board cites 66% pass rate at July exam

July exam

Just 7% of the 2,596 people who took the CFP exam in July did so remotely.

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.

[More: CFP Board launches scholarship in honor of LeCount R. Davis]

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