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The article discusses the state of women in financial planning, highlighting the progress that has been made in increasing the representation of women in the field. While there has been a steady increase in the number of women CFP professionals, there are still barriers that prevent more women from pursuing careers in financial planning, such as gender bias and concerns about business models and compensation structures. Studies have shown that greater gender diversity in the workplace leads to enhanced customer growth and higher profit levels. To increase gender diversity in the talent pipeline, leaders must acknowledge these barriers and implement initiatives to engage and support women in the field. The article emphasizes the importance of mentorship and ongoing commitment from organizations to attract, develop, and advance women in financial planning careers. Despite the challenges, many female CFP professionals have found that financial planning offers them access to career opportunities that align with their interests and needs. The article concludes by expressing a commitment to increasing women's opportunities in financial planning and promoting their engagement and influence in the profession. [Extracted from the article]

Although they are held to the same professional standards, CFP professionals have achieved a more advanced level of education compared to QAFP professionals, so they're able to tackle more complex financial planning scenarios. Jay Mallari, a QAFP™ professional and president of Cambria Financial Solutions in Burnaby, B.C., recalls working with a couple who had been in Canada for more than a decade and had rented all that time. FRED ZHOU'S CAREER as a financial planner has roots in his childhood. [Extracted from the article]

The Financial Planning Association (FPA), a membership organization and trade group for certified financial planners, announced on July 21 that it would seek legal recognition for the title "financial planner." Industry News Financial planners could see their job titles become legally protected if a new move by an industry trade group pays off. Title protection would distinguish financial planners from other financial service providers and establish minimum standards for one to use the title. [Extracted from the article]

JAY MALLARI immigrated to Canada along with his wife in 2012. Since FP Canada launched QAFP™ certification in 2020, it has become an increasingly popular way to start a career in financial planning, and for some, it's a stepping stone to the organization's Certified Financial Planner® designation. Financial planners with highly regarded credentials, such as FP Canada's Certified Financial Planner® certification and Qualified Associate Financial Planner™ certification, have a strong competitive advantage, says Van Cauwenberghe. [Extracted from the article]

The article looks at the effort of historically black colleges and universities in the U.S. to improve diversity in the financial planning sector by their outreach programs that make the financial planning career more accessible to students of color. Topics include the benefits of financial planning, the anticipated demographic shift, and financial planning as career path. Information about the programs offered at the Prairie View A&M University and Delaware State University are offered.

The article discusses how female planners can be attracted to the financial planning industry, with the increasing demand for competent and ethical financial planning, and the Women's Initiative, started by the author during her term as chairwomen of the Certified Financial Planners (CFP) Board. The Women's Initiative research revealed reasons for women making up 23 percent of all CFP professionals, and need to start presenting financial planning as a career option for women at a young age.

Special report card: See the colleges, universities and other institutions training new planners. [ABSTRACT FROM AUTHOR]

Focuses on a comprehensive study in China which found that financial planning is the most in-demand career choice in 2005. Criteria used to determine the results; Shortage of financial planners in the country.