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Why CFP® Certification

Salary & Stats

Financial planners are in high demand. In today's economy, people are increasingly partnering with financial planners to ensure a confident financial future.

By achieving the CFP® certification, you can propel your career to the next level by better serving your clients and unlocking additional earning potential.

Earn more with CFP® certification

A career in financial planning is an investment that will impact your income for years to come.
CFP® professionals could earn even more.1

5-10 years

The median income for a financial planner with 5 to 10 years of experience.1

10–20 years

The median income for a financial planner with 10-20 years of experience.1

20+ Years

The median income for a financial planner with over 20 years of experience.1

Salary Calculator

Check out our salary calculator to see what you can earn as a CFP® professional.

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Start your journey as a CFP® Professional

Join the ranks of nearly 100,000 CFP® professionals who are enjoying the rewards that come with getting certified. Create your free account to access valuable resources and track you progress.

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How are financial planners compensated?

Two of the compensation methods for financial planners are salaries and payouts.

  • Some companies compensate their financial planners as salaried employees.
  • Other companies compensate their financial planners based on a percentage of the revenue they generate. This payout method rewards productivity and business development success.
  • For new advisors, most companies offer some period of time where compensation is guaranteed through salaries.2
U.S. News & World Report

Financial advisors are among the top jobs for 2023, ranked #6 in Best Business Jobs and #21 in Best Jobs.³

My career would not be where it is without the CFP® [certification]... because it instills so much trust in the relationships I have with my clients and even my colleagues trust me more."
Justin Sullivan
CFP® Professional


Anyone can call themselves a financial advisor. Only those who have met CFP Board's high standards for certification can call themselves a CFP® professional.

Anyone can call themselves a financial advisor Meets requirements established by CFP Board
May not have committed to act as a fiduciary Committed to CFP Board to fiduciary duty to act in clients’ best interests
72% client satisfaction 87% client satisfaction
Lower compensation on average Earns 12% more than other financial planners ¹ 


  1. CFP Board, 2023 Compensation Study Highlights
  2. CFP Board, Guide to Careers in Financial Planning
  3. U.S. News & World Report, “What is a financial advisor?

Start your journey to CFP® Certification

  • Track your progress with the CFP® Certification Tracker
  • Post your resume at the Career Center
  • Connect with a mentor who can guide you
  • Register and prepare for the exam
  • Find career and financial support
  • Connect with other candidates at our online forum