Our Impact
Since its launch in 2015, the CFP Board Center for Financial Planning has made significant strides to advance the financial planning profession by improving the health of our talent pipeline, fostering greater diversity within our workforce and increasing the quality of our practitioners’ knowledge and insights. Learn more by accessing our 2022 Highlights.
ADVANCING FINANCIAL PLANNING
Creating a More Diverse & Sustainable Profession
CFP Board Center for Financial Planning addresses diversity and workforce development challenges and conducts and publishes research that adds to the financial planning profession’s body of knowledge.
Our IMpact: By the Numbers
The Center’s initiatives are having a meaningful and positive impact. We are developing innovative solutions for the growth and sustainability of our profession by leveraging rigorous research, research-based programs and broad collaborations.
100%
Increase in the number of CFP® professionals under age 30 since 2016.
30%
Proportion of new CFP® professionals in 2022 who are women.
15%
Proportion of new CFP® professionals in 2022 who are racially and ethnically diverse.
Our INITIATIVES
Learn more below about the progress we're making in these areas to ensure a diverse, resilient profession and pipeline of talent.
FINANCIAL PLANNER WORKFORCE
Building a Talent Pipeline
The Center has awarded 360 scholarships totaling over $1.6 million to qualified students to help cover the costs of the education and exam requirements for CFP® certification. 58 scholars have become CFP® professionals and 100 others are in the final stages. Here are some other ways we're helping to build and diversify the profession’s talent pipeline.
Career Center
938
jobs and internships added to the CFP Board Career Center in 2022.
carrer Guide
1,525
new accounts created in 2022 by individuals requesting the Guide to Careers in Financial Planning.
Virtual Career Fair
476
job seekers connected with 65 employers at 2 Virtual Career Fairs in 2022.
Fostering diversity & Inclusion
300+ Attendees
Participated in the 5th annual Diversity Summit in 2022.
94% Rate
Of post-event survey respondents who said they were very satisfied with their Summit experience.
475+ CFP® PROFESSIONALS
Who educate women and girls about financial planning career opportunities as WIN Advocates.
140 Students
Participated in the CFP® Pro Campus Champions Program pilot at 3 universities: Clark Atlanta University, Prairie View A & M University and University of Houston.
TRAINING & THOUGHT LEADERSHIP
advancing knowledge for practice
The Center is leading the way to ensure a cutting-edge body of knowledge through our research publications, by convening thought leaders and by partnering with leading academic institutions. These milestones help illustrate the strides we're making.
Academic Research Journal
16 Issues of Financial Planning Review, the profession’s double-blind, peer-reviewed academic journal.
Academic Research Colloquium
102 leading academicians, researchers and practitioners convened at the 6th annual Academic Research Colloquium in 2022.
Body of Knowledge
190K+ Cumulative downloads of Financial Planning Review, including more than 40,000 in 2022.
Original Research
28 original research papers presented at the 2022 Colloquium, of which 7 received a Best Paper Award.
BUILDING THE CAPACITY OF THE CENTER FOR LONG-TERM IMPACT
Since the Center was founded in 2015, we have raised more than $22 million in cumulative gifts and pledges from more than 5,900 corporate sponsors and individual donors to support our work.
volunteers
3,000+
volunteers have supported the Center and its initiatives.
partnerships
20
partnerships created with organizations focused on workforce development and diversity.
research
7
original research projects completed.
PAST Annual highlights
The Center's reports highlight the impact of our programs within each of our three focus areas:
- Talent Pipeline: Attracting and cultivating a quality workforce to grow the profession.
- Diversity and Inclusion: Developing a workforce that better reflects our country's changing demographics.
- Knowledge for Practice: Elevating financial planning as a recognized academic discipline while building a research-based body of knowledge for practitioners.
Our reports also acknowledge the thousands of corporate sponsors, individual donors and volunteers who have generously given their resources and time to support the Center.
Previous reports:
Support The Center
Your donation supports Center initiatives to advance the financial planning profession.