The number of financial advisers globally who gained the Certified Financial Planner (CFP) qualification grew by more than 8% during 2008.
There are now 118,506 advisers with CFP status around the world. In the UK, the total grew by 20% last year and is expected to reach 1,000 in 2009.
In addition to the UK and US, CFP status is recognised in a host of countries throughout the world. They include Australia, Austria, Brazil, Canada, Chinese Taipei, France, Germany, Hong Kong, India, Indonesia, Ireland, Japan, Malaysia, New Zealand, the Netherlands, the People’s Republic of China, the Republic of Korea, Singapore, South Africa, Switzerland and Thailand.
Nick Cann chief executive of the Institute of Financial Planning, which oversees the CFP qualification in the UK, said: “More and more practitioners are realising the value of the CFP process which is more than just a qualification – it transforms the approach and the way that advisers work with their clients.”
