CFP®s Are More Profitable, Have Happier Clients, And Are More Productive, A Recent Study Shows

Wednesday, August 01, 2012 23:10
edit
CFP®s Are More Profitable, Have Happier Clients, And Are More Productive, A Recent Study Shows

Tags: Advisor businesses | CFP Board | client satisfaction

If you’ve gone through the process of earning your CFP® designation, it’s showing. A recent study shows that CFP®s are more productive, add more value to their firms, have happier clients, and boost firm revenues.

This Website Is For Financial Professionals Only


 
Eighty-seven percent of clients working with a CFP® are satisfied with their advisors as opposed to 72% who work with an advisor who has not earned the designation. More than 70% of all advisory teams have at least one CFP® on board.
 
Sole practitioners with the designation bring in between 40% and 100% more revenues than those without. Teams with CFP®s serve 30% more clients than those without. The study gives more clout to firms who wish to align their interests along with the CFP® Board’s objectives to benefit the investing public and to promote competency and ethics within the industry.

Comments (0)

Write comment

You must be logged in to post a comment. Please register if you do not have an account yet.

busy