02.01.24

Getting a CFP Might Boost Your Income, Survey Shows

by: Andrew Welsch

Advisors who earn their Certified Financial Planner (CFP) certification are earning 12% more than their peers, according to a new CFP Board study. The median total compensation for CFPs was $222,320 in 2022, while non-CFPs earned $198,500, according to the CFP Board 2023 Compensation Study. The study also found that CFPs with less than five years of work experience earned a median 2022 total compensation of $100,000, while those with more than 20 years of planning experience earned a 2022 median income of $250,000.

Read the full article on Barron's