- Women CFP professionals at a 23% of 3215, with an aspiration to reach 35% by 2030
- At 17.7% India is one of the fastest growing markets for certified financial planners
Mumbai, February 14, 2025– FPSB India, the Indian subsidiary of Financial Planning Standards Board, (FPSB) Ltd. and the licensing body for the globally recognized CERTIFIED FINANCIAL PLANNER (CFP®) certification in India, has announced a significant milestone, surpassing 3,000 CFP professionals in the country. As of December 31st, 2024, the number of CFP professionals worldwide has grown by 3.1% in the past year, with an increase of 6,878 CFP professionals. India has recorded an impressive 17.7% year-on-year growth taking the number of CFP professionals in India to 3,215 in 2024, from 2731 in 2023. With one of the highest growth rates, India is the fastest growing market for Certified Financial Planner professionals in the world. A total of 230,648 CFP professionals are now practicing in 28 territories globally assisting millions in developing comprehensive financial plans to navigate financial challenges, achieve their long-term financial goals and dreams of a secured financial future.
Aligned with the finance minister Nirmala Sitharaman’s vision for a financially empowered India, FPSB India continues to advocate for the integration of financial planning education across academic and professional sectors. It has recently collaborated with leading academic institutions such as IIM Ahmedabad, IIM Bangalore, IIM Lucknow, IIFT, NISM, KJ Somaiya Institute of Management, Mumbai, and others to integrate financial planning education and CFP certification into the curriculum to provide working professionals, students, and independent practitioners with access to structured financial planning knowledge. The CFP certification equips them with essential skills for informed decision-making, effective wealth management and ethical practices while. As financial markets evolve and personal finance management becomes increasingly complex, such educational efforts contribute to building a skilled workforce aligned with the Government of India’s Viksit Bharat 2047 vision, supporting financial education, skilling, and a future-ready financial services sector.
Krishan Mishra, CEO, FPSB India, highlighted the need for skilled professionals who can offer structured, ethical, and competent financial advice and said, “India stands as one of the fastest-growing markets for CFP professionals, driven by a growing demand for Certified Financial Planner Professionals in financial planning services. FPSB India has experienced an impressive 17.7% growth rate, signalling a paradigm shift where financial planning is increasingly becoming a preferred career path for students, working professionals, and independent practitioners. As India’s economy continues its upward trajectory, the need for CFP® Professionals who can offer comprehensive, holistic financial advice has never been more critical.”
FPSB India’s recent collaboration with the International Financial Services Centres Authority (IFSCA) in GIFT City aims to build a robust talent pipeline for India’s fast-growing financial ecosystem. With GIFT City emerging as a Global Financial Hub, the demand for skilled CFP professionals is expected to surge, reinforcing the significance of financial planning expertise in India’s economic growth.
About FPSB India:
FPSB India is the leading financial planning body in India and is dedicated to establishing, upholding, and promoting professional standards in financial planning throughout India.
FPSB India offers the globally recognized CFP® certification, which represents excellence in financial planning through rigorous competency and ethical standards. It is home to 3,215 CFP professionals in India and part of a global network of organizations representing more than 230,648 CFP professionals worldwide.
FPSB India is the Indian subsidiary of Financial Planning Standards Board Ltd. (FPSB Ltd.), the global standards-setting body for the financial planning profession and owner of the international CERTIFIED FINANCIAL PLANNER certification program.
FPSB Ltd. owns the CFP, CERTIFIED FINANCIAL PLANNER and the outside the United States. FPSB Ltd. licenses these marks to FPSB Institute India Pvt. Ltd to administer CFP certification in India. For more information, visit india.fpsb.org.
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