The results are in for FP Canada’s May 2026 sitting of the certified financial planner (CFP) and qualified associate financial planner (QAFP) exams.
The CFP exam was written by a total of 653 candidates, and the pass rate for first-time writers was 77%, a release said on Tuesday.
Meanwhile, 47 candidates wrote the QAFP exam, and 78% of first-time writers passed.
In a survey, 89% of CFP and QAFP certification candidates said they decided to pursue certification to enhance their skills and better serve clients, the release noted.
Title protection was another motivating factor. About 46% of CFP certification candidates and 56% of QAFP certification candidates reported pursuing certification to use the financial planner title under title protection legislation.
About 32% of CFP exam writers and 11% of QAFP exam writers in May said that certification was required by their employers, the FP Canada survey found.