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Scholarship will assist new and prospective CFP® professionals from
under-represented populations

The Financial Planning Association® (FPA®) and the CFP Board Center for Financial Planning announced the Richard B. (Dick) Wagner Memorial Scholarship Fund, a joint effort to advance and diversify the CERTIFIED FINANCIAL PLANNER™ professional workforce.

The scholarship was announced at FPA Retreat 2018 in Litchfield Park, Ariz. It honors the memory of Dick Wagner, who held the CFP® certification and was a well-known thought leader in the financial planning community with a passion for building the financial planning profession and empowering younger financial planners to succeed. He passed away in 2017 at age 68.

“Dick Wagner was an inspirational thought leader whose passion for financial planning forged a path forward for the profession. His work, guidance and candor has helped so many seasoned and aspiring financial planners,” says FPA Executive Director/CEO Lauren M. Schadle, CAE. “This scholarship is just one way we can keep his legacy at the forefront of the profession and in the minds of us who called Dick a friend and colleague. We know this scholarship will play a key role in opening this profession up to the CFP® professionals of tomorrow while also celebrating a man who meant so much to the profession we strive to build.”

The scholarship will be awarded to students seeking to complete a CFP Board-Registered program – either certificate or Baccalaureate program – that would qualify them to sit for the CFP® exam. It is also open to new CFP® professionals desiring to advance their education through key FPA professional development programs, such as the FPA Retreat, Residency, NexGen Gathering, Annual Conference and mentorship opportunities.

Individuals eligible for the scholarship must reside in the United States, demonstrate financial need and be part of an under-represented population related to gender, race, ethnicity, sexual orientation, individuals 35 and under or those with disabilities.

“Dick was a tireless advocate for the financial planning profession, and this scholarship fund truly reflects the legacy that he left for all of us,” said Marilyn Mohrman-Gillis, CFP Board Center for Financial Planning executive director. “It is our privilege to join with FPA in establishing this fund to continue Dick’s efforts to cultivate the next generation of competent and ethical financial planner professionals who reflect the diversity of the American population we seek to serve.”

Those interested in donating to the Richard B. Wagner Memorial Scholarship Fund can do so here. The program will begin accepting applications from new and prospective CFP® professionals early in 2019.


The Financial Planning Association® (FPA®) is the principal professional organization for CERTIFIED FINANCIAL PLANNERTM (CFP®) professionals, educators, financial services professionals and students who seek advancement in a growing, dynamic profession. Through a collaborative effort to provide more than 23,000 members with resources for professional development, business support, advocacy and community, FPA is the indispensable resource in the advancement of today’s CFP® professional. Learn more about FPA at and follow on Twitter at

CONTACT: Ben Lewis, FPA Director of Public Relations P: 303-867-7190 M: 301-213-3252 E: Twitter: @fpassociation


Certified Financial Planner Board of Standards, Inc. is the professional body for personal financial planners in the U.S. CFP Board sets standards for financial planning and administers the prestigious CFP® certification – one of the most respected certifications in financial services – so that the public has access to and benefits from competent and ethical financial planning. CFP Board, along with its Center for Financial Planning, is committed to increasing the public’s awareness of CFP® certification and access to a diverse, ethical and competent financial planning workforce. Widely recognized by firms and consumer groups as the standard for financial planning, CFP® certification is held by more than 83,000 people in the United States.


Dan Drummond, Director of Communications
Mobile: 202-243-8621

About the CFP Board center for financial planning

The CFP Board Center for Financial Planning seeks to create a more diverse and sustainable financial planning profession so that every American has access to competent and ethical financial planning advice. The Center brings together CFP® professionals, firms, educators, researchers and experts to address profession-wide challenges in the areas of diversity and workforce development, and to build an academic home that offers opportunities for conducting and publishing new research that adds to the financial planning body of knowledge


Jessica Lewis
Communications Specialist
Mobile: 301-655-0389