The Financial Planning Association, Ameriprise Financial and the Certified Financial Planner Board of Standards on Thursday invited undergraduate students from CFP Board-registered universities to sign up for the 2019 Financial Planning Challenge.
The challenge is a three-stage competition designed to engage students and academic advisors in the financial planning community, raise awareness around career opportunities, and encourage students to learn and connect with financial planning professionals.
Students have until May 24 to register.
For their participation in the challenge, students can receive up to 80 hours of CFP continuing education credit toward their experience requirement leading to certification.
“As the professional home for financial planners, FPA is committed to helping members achieve professional excellence to boost their careers to the next level,” FPA executive director and chief executive Lauren Schadle said in a statement.
“The Financial Planning Challenge is an amazing opportunity for the next generation of financial planners to deepen their financial planning skill set, demonstrate their knowledge and expertise, and become a rising star in the profession.”
Eight student teams will advance to the competition’s final stage at the FPA Annual Conference 2019, which will take place Oct. 16 to 18 in Minneapolis. The teams will demonstrate their knowledge of the CFP Board Financial Plan Development Course requirement, and interact with practitioners and thought leaders from around the world.
Besides earning CFP CE credit, finalists will also be awarded a complimentary one-year FPA membership, and the top three teams will receive a monetary scholarship for their schools.
The competition criteria were developed in part to illustrate potential avenues for satisfying the CFP Board Financial Plan Development Course requirements for both students and faculty, according to the statement.
— Check out CFP Board Releases Career Best Practices Guide on ThinkAdvisor.