Certified Financial Planners earn 12% more, according to CFP Board survey
- CFP Board survey shows that Certified Financial Planners earn 12% more than other financial planners
- Median total compensation for financial planners in 2022 was $198,500
- Getting a CFP certification can boost your income as a financial planner
Financial planners have the potential to earn a substantial salary, but certified financial planners (CFPs) have an even greater advantage. A recent compensation survey conducted by the CFP Board revealed that CFPs earn 12% more than other financial planners. In 2022, the median total compensation for financial planners was $198,500. This survey highlights the significant financial benefits of obtaining a CFP certification. By becoming a CFP, financial planners can enhance their earning potential and open doors to higher income opportunities in the industry.
Public Companies: CFP Board (null)
Private Companies:
Key People:
Factuality Level: 8
Justification: The article provides specific information from a compensation survey conducted by the CFP Board, stating that Certified Financial Planners earn 12% more than other financial planners. The information is based on a reliable source and is presented without any obvious bias or opinion.
Noise Level: 2
Justification: The article is very short and lacks substantial information. It only provides a brief mention of a compensation survey by the CFP Board without any further details or analysis. It also includes unrelated information about being a subscriber to Barron’s Advisor. Overall, the article contains mostly noise and filler content.
Financial Relevance: Yes
Financial Markets Impacted: No
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to financial topics as it discusses the compensation of financial planners.
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