In other developments, the board has made workforce development a priority, with a focus on bringing younger planners and more women into the profession (23 percent of CFPs are female).

In 2013, the board launched a women’s initiative, and it works with university programs to attract and place students into the profession.

“We have more CFPs over age 70 than under age 30,” Rojeck said, “and it’s still trending older.” 

About 18 percent of all advisors and registered representatives hold the credential, Rojeck added. 

“There’s room to grow, most definitely,” he said.

There are 71,984 CFP holders in the U.S. currently, and about 150,000 internationally.

 
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