CFP CERTIFICATION TOP CHOICE FOR FINANCIAL PLANNERS GLOBALLY (March 2009) 6 Percent Growth Rate Yields 118,506 CFP Professionals in 20 Territories DENVER,CO, USA, 5 MARCH, 2009 – Financial Planning Standards Board Ltd. (FPSB), owner of the CFP, CERTIFIED FINANCIAL PLANNER and CFP Logo Marks outside the United States, announced the global number of CFP professionals reached 118,506 by year end 2008. With an average 6 percent global growth rate, the number of CFP professionals roughly doubled in the past eight years to its current all-time high, with the majority of CFP professionals (59,676) now doing business outside the United States. “From 42 CFP professionals in the United States in 1973 to the current 118, 506 CFP professionals practicing in some 20 territories around the world, CFP certification has emerged as the global symbol of excellence for financial planning,” said New Zealand-based Stephen O’Connor, CFP, chairperson of FPSB’s Board of Directors. “FPSB and the network of nonprofit standards-setting bodies that administer CFP certification globally build on 35 years’ of commitment to public-interest standards, a commitment that is being recognized by practitioners and consumers looking to manage their finances amidst the continuing global financial crisis,” he added. “FPSB develops, promotes and enforces rigorous competency, ethics and practice standards that support enhanced professionalism and client-centric behavior by financial planners globally,” said Noel Maye, FPSB CEO. “FPSB is committed to collaborating with professional bodies, educators, financial services firms, consumer advocacy groups and regulators to ensure that consumers benefit from the financial planning process.” As the need for long-term approaches to managing finances and to work with competent, ethical advisors that put the client first, consumers are seeing the value of working with a CFP professional. The number to CFP professionals has roughly doubled every five years for the past 12 years. FPSB is governed by a nine-member board, and is supported by the FPSB Council, an advisory group representing 23 organizations that manage, or are preparing to manage, CFP certification programs in their respective territories. Territories where FPSB has a nonprofit member organization include: Australia, Austria, Brazil, Canada, Chinese Taipei, France, Germany, Hong Kong, India, Indonesia, Ireland, Japan, Malaysia, New Zealand, the Netherlands, the People’s Republic of China, the Republic of Korea, Singapore, South Africa, Switzerland, Thailand, the United Kingdom and the United States. About FPSB FPSB manages, develops and operates certification, education and related programs for financial planning organizations to benefit the global community by establishing, upholding and promoting worldwide professional standards in financial planning. FPSB demonstrates its commitment to excellence with the marks of professional distinction – CFP, CERTIFIED FINANCIAL PLANNER and CFP (Logo). Global Growth [1973 - 2008] CFP Certificant Global Growth [US/FPSB Territories] 2008 CFP Certificant Count by Territory CFP® Certification - Global Excellence in Financial Planning
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