Certified Financial Planner Board of Standards, Inc. (CFP Board) announced on Tuesday that there are more than 75,000 active CFP professionals, which marks the "highest number of CFP professionals ever," according to the announcement.
The number of individuals with a CFP certification, which got its start in 1973, has been growing steadily – especially over the last 10 years.
"We are especially proud that our relatively young profession has surpassed 75,000 active CFP professionals," Kevin R. Keller, CFP Board's chief executive officer, said in a statement. "Our efforts to increase access to CFP professionals will only continue as we carry out our mission to benefit the public through certifying individuals who deliver the highest standard of financial planning."
The first group of financial planning professionals attained CFP certification in 1973 following completion of a Certified Financial Planners course at the College for Financial Planning.
In 1985, the College for Financial Planning entered an agreement to establish an independent, non-profit certifying and standards-setting organization, which eventually became known as CFP Board. The college transferred ownership of the CFP marks and responsibility for continuing the CFP certification program to the now-called CFP Board. And, since then, the total number of CFP professionals has grown steadily