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HomeLife InsuranceMerrill Pledges $1.25M to CFP Board Range Efforts

Merrill Pledges $1.25M to CFP Board Range Efforts


What You Have to Know

  • The donation will assist initiatives together with the annual Range Summit and 16 scholarships for various people pursuing CFP certification.
  • Merrill, a longtime supporter of the Range Summit, turns into the middle’s latest founding sponsor.

Merrill Wealth Administration has pledged $1.25 million to assist the CFP Board Middle for Monetary Planning’s initiatives, together with the annual Range Summit and 16 scholarship awards for various people pursuing CFP certification, the board mentioned Tuesday.

As a part of the pact, Merrill may also be lead sponsor of the CFP Board’s variety efforts for the subsequent 4 years.

Merrill has already been a longtime supporter of the Range Summit. With the $1.25 million reward, it turns into the most recent founding sponsor of the middle, the board mentioned.

The added assist from Merrill “straight addresses two of the Middle’s fundamental methods — Expertise Pipeline and Range and Inclusion,” the board mentioned. “Since its founding in 2015, the Middle’s initiatives have made a measurable impression.”

Pointing to among the success that’s been achieved, the board famous that the variety of licensed monetary planners underneath 30 has grown by 83% and, as reported in January, the variety of feminine CFP professionals elevated to an all-time excessive of 21,504 (accounting for 23.4% of all CFP professionals).

Additionally, as of Dec. 31, the variety of Black and Hispanic CFP professionals had grown 13.8% since 2020, the board added.

The wirehouse’s reward “will enable the Middle to additional develop its occasion collection,” the board mentioned.

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