CFP Board gets first report card on diversity efforts
January 21, 2019 by Amanda Schiavo
After renewed efforts to improve diversity, is the CFP Board seeing signs of early success?
The board reported the number of people of color and women holding its designation increased to 2,916 and 19,248, jumps of 8% and 3.6% from the prior year. Overall, the board said the total number of CFPs is now an all-time high at 83,106, reflecting its efforts to promote the designation more broadly.
Yet while their numbers are rising, people of color and women remain under-represented among CFPs and the industry more broadly.
The percentage of all CFPs who are black and Latinos, 3.5%, is about the same as in 2017. Women represented 23% of CFPs last year, in line with the previous year as well as the industry at large.
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