Initiative Includes Women's Advisory Panel Led by CFP Board Chair Nancy Kistner, CFP®
Certified Financial Planner Board
of Standards, Inc.
Board of Directors Chair Nancy A. Kistner, CFP® announced today an initiative to increase the number of women entering the growing financial planning profession, including the number of women CFP® professionals.
"As more and more Americans need help to meet their financial goals CFP® professionals - and those who aspire to join our ranks - have an important opportunity to help Americans get back on track and take control of their financial lives," Kistner
"Growing the ranks of female CFP®professionals not only makes good business sense, but it builds the heart and soul of this profession, which is all about helping Americans achieve financial security.
When more women advisors are helping more women clients, they are also helping spouses, children, families and communities."
Kistner, who also serves as the Managing Director and Wealth Planning Solutions Market Director at U.S. Trust, Bank of America Private Wealth Management, made the announcement during a keynote address at the Women Advisors Forum in New York City.
Currently, only about 23 percent of the 68,000 CFP® professionals are female - a statistic that hasn't budged for a decade.
With fields like education, medicine and law, among others, seeing more gender parity, Kistner
said in her
remarks, "it is well past time that we welcome more women in financial services, particularly financial planning."
To inform the initiative's efforts, CFP Board
has appointed a Women's Initiative Advisory Panel made up of leading experts in the financial planning field.
The Advisory Panel will help to identify the challenges women face when becoming certified and beginning a career in financial planning, as well as recommend solutions to increase the ranks of female CFP® professionals.
Kistner will serve as Chair of the panel, in addition to leading the overall effort.
Ten Reasons Women Should Become CFP® Professionals - From Remarks by CFP Board Chair Nancy A. Kistner, CFP® at the Women Advisors Forum (5/15/13)