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

 

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.