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CFP Board launches women in advice initiative

The international Certified Financial Planner Board of Standards has officially launched a new initiative to raise the number of women in financial advice worldwide.

In a statement issued last week, the Washington, DC-based organisation announced the launch of the Women’s Initiative (WIN) Council to assist the board in its mission to grow the ranks of female CFPs.

“The need to attract more women to financial planning and to make this career path more attractive to women presents a huge opportunity – for women and for business,” said inaugural WIN chair and CFP Board member Nancy Kistner CFP.

“The creation of this WIN Council is CFP Board’s next step in its mission to make more room for women in financial planning, including within the CFP professional community.”

The council’s stated mission is to “identify why relatively few women choose to become part of the financial planning profession; to make recommendations for encouraging and supporting women to pursue careers in financial planning; and to undertake efforts and campaigns to address the gender gap in financial planning”, according to the statement.