CFP Exam Pass Rate Hits 65% in March

The Certified Financial Planner Board of Standards said Tuesday that of the 3,527 candidates —the largest number of people ever — who sat for the CFP Certification Exam in March, 65% passed.

The exam was administered between March 7 and 14, and registration for the exam showed that 69% of March candidates are under 40 years old and 36% are under 30 years old, according to CFP Board.

“These post-exam survey results show that CFP certification remains the standard of excellence in financial planning and a mark of trust for clients wishing to work with a fiduciary,” said CFP Board CEO Kevin Keller in a statement. “CFP Board extends its congratulations to everyone who passed this rigorous exam.”

Last year’s exam pass rate was also 65%, with 2,705 test takers.

Registration for the July exam — to be administered July 11 to 18 — is now open. The registration deadline is June 27, and the Education Verification deadline is June 20. Testing appointments are scheduled on a first-come, first-served basis. Early registrants who schedule exams by May 16 are eligible for a discount, CFP Board noted.