The College for Financial Planning®—a Kaplan Company Launches Financial Paraplanner Qualified Professional℠ Designation Program in Spanish to Better Serve Hispanic Investors
May 01 2024 - 7:55AM
Business Wire
The College for Financial Planning—a Kaplan Company has launched
a Spanish-language version of its Financial Paraplanner Qualified
ProfessionalSM (FPQP®) professional designation program.
This designation is ideal for Spanish-speaking or bilingual
advisors starting their careers who are looking for a working
knowledge of financial terms and concepts in Spanish, enabling them
to better communicate with clients in their native language and
build lasting relationships. And financial services companies that
currently serve the Hispanic community, as well as those that are
looking to expand their services, may consider this course for
their employees to foster a workforce that better understands
Hispanic clients’ aspirations and promote a culturally sensitive
approach to financial advising.
According to Finhabits, a bilingual financial wellness platform,
over the last 10 years Hispanics’ net wealth increased at a rate of
12.5%, compounded annually (vs. 6.8% for non-Latino Whites). At
this growth rate, Hispanics are slated to accumulate $113 trillion
dollars of wealth by 2050. By comparison, the total household
wealth in the U.S. in 2022 was $140 trillion.
“This designation is important in our industry for a few key
reasons. Speaking Spanish demonstrates respect for the client's
cultural background and a willingness to understand their unique
needs, preferences, and financial goals. It can also foster trust
and comfort, which is crucial for discussing matters of personal
wealth,” said Dirk Pantone, president of the College, which is
accredited by the Higher Learning Commission. “With this
designation program, financial professionals can ensure
personalized strategies, paving the way for stronger financial
futures within this dynamic and expanding community. "
Professionals interested in enrolling in the course can visit
the College’s website.
Journalists interested in discussing the course can contact
Russell Schaffer at russell.schaffer@kaplan.com.
About the College for Financial Planning®—a Kaplan
Company
Founded in 1972, the College for Financial Planning®—A Kaplan
Company provides accessible and flexible degree, non-degree, and
continuing professional education programs to students nationwide.
Shortly after its founding, the College introduced the CERTIFIED
FINANCIAL PLANNER™ certification, which is now the world's most
recognized and respected financial planning credential with more
than 95,000 certified professionals. The College for Financial
Planning is accredited by the Higher Learning Commission and is a
member of the North Central Association. More than 200,000 students
have graduated from the College’s programs. For more information,
visit www.cffp.edu.
Note to editors: Kaplan is a subsidiary of Graham Holdings
Company (NYSE: GHC)
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version on businesswire.com: https://www.businesswire.com/news/home/20240501778341/en/
Press Contact: Russell Schaffer, russell.schaffer@kaplan.com
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