(NewsUSA) - Today, October 4, marks World Financial Planning Day, a time to recognize the value of financial planning. Did you know that financial planning is not just a valuable resource for consumers? It’s also a great career choice offering competitive salaries and flexibility.
But it's not just the financial rewards and personal freedom that make this profession attractive. In today's job market, people seek more than just a paycheck; they look for an industry committed to diversity and inclusion. That's precisely what you'll find when you become a CERTIFIED FINANCIAL PLANNER™ professional. You'll be part of a profession dedicated to creating inclusive environments for people from diverse backgrounds, while also offering ample opportunities for professional growth.
The financial planning profession is rapidly expanding. Many financial planners are approaching retirement just as the demand for personalized financial guidance is increasing. The U.S. Labor Department reports that jobs in financial planning are expected to grow faster than average, at a rate of 15% through 2031. Even better, U.S. News & World Report ranked financial advisor as the sixth Best Business Job in 2023.
Recruiting a Diverse Workforce
In response to this projected growth, CFP Board is actively working to strengthen the financial planning talent pipeline, focusing on attracting women and racially and ethnically diverse candidates to pursue CFP® certification. CFP® professionals serve an increasingly diverse client base, and they should reflect the broadest spectrum of talent and experience. CFP Board Center for Financial Planning has launched several initiatives to support growth of the talent pipeline and foster diversity and inclusion, including scholarships and the annual Diversity Summit.
These initiatives helped lead to the most diverse class of new CFP® professionals in history last year, with nearly 30% being women and nearly 15% coming from racially and ethnically diverse backgrounds. In addition, more than half of all new certificants are under 35 years old. These statistics highlight an inclusive profession that welcomes and empowers your success with the necessary resources.
Obtaining your CFP® certification means joining a profession that actively pursues inclusivity, offering a wide range of career opportunities and financially rewarding positions. Begin your journey toward success today.