CFP Board Center for Financial Planning and Charles Schwab launch the Charles Schwab Foundation CFP® Certification Fellowship

WASHINGTON, September 1, 2022 /PRNewswire/ — The CFP Board Center for Financial Planning (“Center”), Schwab Advisor Services and the Charles Schwab Foundation today announced the launch of a collaborative fellowship to support individuals seeking CFP® certification in underrepresented populations in the profession. The Charles Schwab Foundation CFP® Certification Scholarship is part of Schwab Advisor Services’ efforts to cultivate a more diverse pool of future RIA talent.

“By deepening our collaboration with Schwab Advisor Services and the Charles Schwab Foundation, we aim to reach more underrepresented groups and educate students about career opportunities in financial planning,” said the CFP Board CEO. Kevin R. Keller, CAE. “The contributions of this partnership have already had a lasting impact on increasing diversity in the profession and will continue to help open doors for future talent.”

The launch of the Charles Schwab Foundation CFP® Certification Fellowship follows the expansion by Schwab Advisor Services and the Charles Schwab Foundation of their founding sponsorship of the Center via a four-year grant, announced in June 2022.

“We have long sought to bring about positive change in the financial planning profession through awareness and financial aid initiatives,” said Bernie Clark, Head of Schwab Advisor Services. “This scholarship not only reflects our commitment to uplifting diverse financial planners, but it also underscores how critical we consider the CFP Board of Directors to be in building a financial planning profession that more accurately reflects racial diversity. and ethnicity of United States. By partnering with the Center, we are proud to raise awareness of the RIA industry and open doors for future talent.”

The scholarship will award up to 16 awards per year, with up to $10,000 to be awarded per student seeking to complete an undergraduate CFP board-registered program, or up to $5,000 per student wishing to pursue a certificate-level CFP Board-registered program. At least 50% of award winners will be from a population that is underrepresented within the financial planning profession in terms of gender, race, ethnicity, disability, sexual orientation, or veteran status, and/or must have demonstrated financial need.

The deadline to apply for a scholarship is September 30, 2022. The application and more information about the Charles Schwab Foundation CFP® Certification Scholarship is available on the CFP Board website at CFP.net/Scholarships.

ABOUT THE CFP COUNCIL
The Certified Financial Planner Board of Standards, Inc. is the professional body for personal financial planners in the United States. The CFP Board sets standards for financial planning and administers the prestigious CFP® certification – one of the most respected certifications in financial services – so that the public has access to and benefits from competent and ethical financial planning. . The CFP Board, with its Center for Financial Planning, is committed to increasing public awareness of CFP® certification and access to a diverse, ethical and skilled financial planning workforce. Widely recognized by the public, advisors and firms as the standard in financial planning, the CFP® certification is held by more than 93,000 people in United States.

ABOUT THE CFP BOARD CENTER FOR FINANCIAL PLANNING
The CFP Board Center for Financial Planning seeks to create a more diverse and sustainable financial planning profession so that every American has access to competent and ethical financial planning advice. The Center brings together professionals, businesses, educators, researchers and CFP® experts to address profession-wide challenges in the areas of diversity and workforce development, and to build an academic home that provides opportunities to conduct and publish new research that adds funding to plan a body of knowledge.

SOURCE Certified Financial Planner Board of Standards, Inc.