The Certified Financial Planner Board of Standards announced today that Matt Boersen has become chair of its board of directors. At age 35, he’s the youngest chair in the history of the CFP Board.

"Guiding CFP Board is a profound privilege," said Boersen in comments released today. "In the evolving economy, ensuring public access to ethical, competent financial planning is crucial. We must reach out to younger generations to build a diverse financial planning workforce. I look forward to collaborating with CFP Board's leadership and CFP professionals nationwide to expand this talent pipeline."

Boersen is managing partner of Straight Path Wealth Management, an RIA firm based in Jenison, Mich., with an affiliated consulting arm, Straight Path Tax & Accounting.

Boersen earned his CFP certification during his senior year of college, the announcement said, founding Straight Path Wealth Management in 2011. In 2020, he joined the CFP Board’s board of directors and chaired the Finance and Investments Committee, also serving on the CEO Oversight and Compensation Committee.

"Matt is an outstanding leader and accomplished CFP professional who is poised to guide us into the next era of the financial planning profession," said CFP Board CEO Kevin R. Keller in released comments. "As we reach 100,000 CFP certificants this year, his focus on our strategic priorities, including securing a sustainable workforce, will be instrumental for the profession's future and the financial advice ecosystem."

Though he serves an industry where the average practitioner is nearly two decades his senior, the CFP Board will harness Boersen’s relative youth as it implements scholarship and mentorship programs for CFP candidates and conducts outreach to undergraduate and college-bound students, according to the announcement.