In the News

Number Of CFPs In U.S. Grew 2.7% In 2020

By Joyce Blay March 04, 2021 Financial Advisor

During a pandemic, financial advice is an in-demand service, and last year, more people wanted to provide it by earning the certified financial planner designation, according to the CFP Board and the Financial Planning Standards Board (FPSB).

The CFP Board, owner of the longest-running CFP® certification program, finished 2020 with 88,726 CFP® professionals in the U.S., an increase of 2.7%.

Last year, despite the challenges presented by the global contagion, the FPSB—the group that administers the CFP® mark outside the U.S.—reported that with a net gain of 4,658 CFP® professionals worldwide, the organization and its global network of affiliates grew the number of CFP® professionals by 2.5% to a total of 192,762 as of December 31.