How Much Can a Professional Designation Bump Up Your Earnings?

Jul 29, 2020 / By Elaine Belsito
Horsesmouth Assistant Editor
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Chart Talk: What’s the bottom line when it comes to earning professional designations?

A new survey from the Denver-based College for Financial Planning (which provides continuing education for advisors and introduced the Certified Financial Planner designation) shows that annual compensation rose an average of 12% for those who earned the CFP and 38% for those with the Chartered Retirement Planning Counselor designation. The survey canvassed 270 U.S. financial advisors in the summer and early fall of 2019.

Source: Financial Advisor IQ

Comments

And - according to 300Hours.com - the CFA Charter increases pay by about 39 percent.

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