01.11.24

Number of CFPs, Those Taking Credential Exam Both Hit Records in 2023

by: Mark Schoeff Jr.

More people than ever held the certified financial planner (CFP) credential last year, and the number of those sitting for the exam to earn the credential also hit a record, according to the CFP Board of Standards. There were 98,875 CFPs in 2023, an increase of 3.9% from 2022, while 9,839 people took the CFP examination. The number of new women CFPs increased to 1,692, an 11.5% increase over 2022, while the overall number of women CFPs increased to 23,484, or 23.8%, the Board said. New CFPs who are racially and ethnically diverse grew to 858, a 12.6% increase over last year, while their overall numbers increased to 9,408, or 9.5% of all CFPs.

Read the full article on InvestmentNews