FPSB Press Release: HSBC and Financial Planning Standards Board Announce Global Partnership to Promote Financial Planning, CFP Certification

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 – Financial Planning Standards Board Ltd. (FPSB), owner of the international CERTIFIED FINANCIAL PLANNER certification program outside the United States, and HSBC, one of the world’s largest banking and financial services organizations, today announced a global partnership to develop training and assessment programs for roles within HSBC related to financial advice, financial planning and wealth management.

At FPSB’s Global Member Meeting in Kuala Lumpur, HSBC and FPSB, together with its network of member organizations in 26 countries and territories, announced they will collaborate to put more than 11,000 HSBC financial advisers, financial planners and wealth managers through training programs and a career path of professional certifications leading to CFP certification.

“HSBC embraces the highest standards in financial planning across its global network and our partnership with FPSB supports our work to create a financial planning culture focused on serving clients who are looking for holistic advice,” said Mark Glover, HSBC’s head of Financial Planning, Wealth Management. “Through FPSB, HSBC employees will have access to education courses, career path qualifications and CFP certification, which are great additions to the training and development opportunities we already provide.”

“Our strategic partnership with HSBC will strengthen global recognition of CFP certification, increase the public’s access to competent and ethical advisers, and promote the financial planning profession,” said Noel Maye, FPSB Ltd. CEO. “Through providing content and certifications at the financial adviser and financial planner levels for the global HSBC network, FPSB and its member organizations expect to substantially grow the number of CFP professionals in support of FPSB’s goal of 250,000 CFP professionals in 40 territories by 2025.”

HSBC and FPSB will kick off the global partnership with pilot programs in several FPSB territories in 2017, including France and India. In 2018, the partners will expand the effort to additional countries and territories, opening up new markets for financial planning and CFP certification. “Both organizations are looking forward to the collaborative potential that exists in the future, and are pleased to partner to promote financial planning as a profession globally,” said Maye.

About FPSB

FPSB benefits the global community by establishing, upholding and promoting worldwide professional standards in financial planning. FPSB demonstrates its commitment to excellence with the marks of professional distinction – CFP, CERTIFIED FINANCIAL PLANNER and CFP Logo mark – which it owns outside the United States. FPSB has a nonprofit member organization in the following 26 territories: Australia, Austria, Brazil, Canada, Chinese Taipei, Colombia, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Japan, Malaysia, New Zealand, the Netherlands, the People’s Republic of China, the Republic of Korea, Singapore, South Africa, Switzerland, Thailand, Turkey, the United Kingdom and the United States. At the end of 2016, there were 170,101 CFP professionals worldwide. For more, visit www.fpsb.org.

The HSBC Group

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 4,000 offices in 70 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa. With assets of US$2,375bn at 31 December 2016, HSBC is one of the world’s largest banking and financial services organizations.

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CFP Certification Global excellence in financial planningTM


Media Contact:
Kate Holmes, CFP
FPSB Director of Stakeholder Engagement

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