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September 14, 2021 at 08:32 PM
What You Need to Know
- Four awards worth up to $5,000 each will be offered each year to Black and Hispanic students as part of the new CFP-Ballentine scholarship.
- The news comes less than two weeks after the CFP Center said it teamed with Parsec Financial on a diversity scholarship.
- The deadline to apply for a 2021 scholarship is Oct. 10.
The CFP Board Center for Financial Planning and Ballentine Partners have launched a new, diversity-focused scholarship designed to advance the financial planning profession by increasing the number and diversity of certified financial planners, they said Monday.
As part of the Ballentine Partners Scholarship to Create a Diverse Financial Planning Profession, four annual awards will be granted worth up to $5,000 each to 16 qualified students who identify as Black or African American or Hispanic or Latino and are pursuing CFP certification.
The scholarship was announced less than two weeks after the center said it teamed with Parsec Financial to launch the Parsec Financial CFP Certification Diversity Scholarship to advance diversity in the financial planning profession.
The center administers scholarships to help qualified individuals complete the education requirement as part of CFP certification.
The scholarship that is being offered in collaboration with Ballentine will help the center “achieve its mission to create a more diverse and sustainable financial planning profession,” according to the organizations.
