Wealthspire funds four scholarships to encourage CFP diversity
The New York-based RIA will provide four awards per year of up to $5,000 per student for individuals pursuing their CFP certification.
Wealthspire Advisors has launched an eponymous CFP certification diversity scholarship for individuals pursuing CFP certification from populations underrepresented in the profession. It follows the firm’s inaugural program in partnership with the Certified Financial Planners Board of Standards Inc., which was announced in November 2021.
The scholarship will provide four awards per year of up to $5,000 per student seeking to complete the financial planning education coursework at a CFP Board registered program, either at the undergraduate or certificate level.
Candidates must demonstrate financial need and be from an underrepresented population within the financial planning profession in terms of gender, race, ethnicity, disability, sexual orientation or veteran status. The deadline to apply for a scholarship is Sept. 30.
“This is just the beginning of a productive and powerful collaboration with CFP Board,” Mike LaMena, CEO of Wealthspire Advisors, said in a statement.
Earlier this month, Mission Wealth Management and the CFP Board announced a similar scholarship program, Mission Wealth Scholars, for students pursuing their CFP certifications, and the CFP Board Center for Financial Planning said it had created the LeCount R. Davis CFP Scholarship, a $5,000 award to help Black and African American students seeking to complete an undergraduate-level or certificate-level CFP program.
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