CFP Board Center for Financial Planning Announces First Scholarship Honoring First Black CFP® Professional, LeCount R. Davis, CFP®

WASHINGTON, August 9, 2022 /PRNewswire/ — CFP Board Center for Financial Planning (“Centre”) today announced its first scholarship program honoring the first black CFP® Professional, LeCount R. Davis, CFP®. Created to support the next generation of diverse CFPs® professionals, LeCount R. Davis, CFP® The scholarship program will assist qualified Black or African American students and professionals who are committed to achieving CFP® financial planning certification and practice.

Advisor for more than 50 years, Earl Davis is the first black person to earn the CERTIFIED FINANCIAL PLANNER designation, becoming a CFP® professional in 1978. He had already founded his own consulting firm in 1970, specializing in tax planning, small business management, financial planning, financial management and investment advice. Over his long career, Davis’ portfolio of clients included national organizations, international unions, pension funds, individuals, small businesses, religious organizations, investment clubs and other entities.

In 2001, Davis founded the Association of African American Financial Advisors, whose mission is to expand the community of successful black financial professionals. To further inspire and prepare the next generation of financial planners, he released his autobiography in 2020: “A step back – Two steps forward: the dance of my ultimate plan. » The LeCount R. Davis, CFP® The scholarship program is another step forward in helping Davis fulfill his lifelong mission to diversify the financial planning profession.

The scholarship will award up to $5,000 per student seeking to complete a CFP Board registered program at the undergraduate or certificate level, based on demonstrated merit and financial need. After completing the required training courses, scholarship recipients will be eligible to take the CFP® review and pursue next steps to achieve MFF® certification.

‘Everyone can benefit from financial planning,’ says CFP Board CEO Kevin R. Keller, CAE. “If we want to serve the whole country, we have to be more like the customers than CFP® professionals serve. This scholarship in honor of Earl DavisPCP® supports both its mission and ours — to create a more diverse and sustainable financial planning profession. »

“I have had a rewarding career as a financial planner since I obtained the CFP® certification, and I believe that financial planning is the solution to many socio-economic issues in our community,” Davis said. “It all starts with knowing finance, and this scholarship will help students and young professionals see that you don’t have to be born with a silver spoon in your mouth to succeed in this world.”

More information on LeCount R. Davis, CFP® The scholarship will be available at CFP.net/Scholarships. Individuals and companies interested in supporting the endowed scholarship should contact the Institutional Giving Officer Dan Limbago at [email protected] or 202-864-5250.

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 the CFP® professionals, businesses, educators, researchers and experts to address profession-wide challenges in the areas of diversity and workforce development, and to build an academic home that offers opportunities to conduct and publish new research that adds to the body of financial planning knowledge.

ABOUT THE CFP COUNCIL

Certified Financial Planner Board of Standards, Inc. is the professional body for personal financial planners in the United States. The CFP Board sets financial planning standards 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 of Directors, along with its Financial Planning Center, is committed to increasing public awareness of the CFP® certification and access to a diverse, ethical and skilled financial planning workforce. Widely recognized by the public, advisors and firms as the gold standard in financial planning, CFP® the certification is held by nearly 93,000 people in United States.

SOURCE Certified Financial Planner Board of Standards, Inc.