Liz Miller Takes Charge as Chair of CFP Board’s Directors

Liz Miller Appointed Board Chair of the CFP Board

Recently, Liz Miller, CFP®, CFA®, assumed the role of Chair of the Board of Directors for the CFP Board, a prominent organization in the financial planning sector. This significant leadership position places her at the helm of a body that certifies over 100,000 financial planning professionals across the United States. Miller's election by her fellow Board of Directors in 2023 as Chair-elect sets the stage for her official role starting on January 1, 2025.

A Visionary Leader for Financial Planning

Miller expressed her honor in leading the CFP Board and emphasized the progress made in the past year. "Leading CFP Board is truly an honor. Last year, we surpassed 100,000 CFP® certificants, and as we move toward 2025, we're building on this solid foundation. Our focus is on expanding the financial planning workforce by fostering new talent and welcoming career changers into the field. The financial planning profession’s appeal to women is especially important, reflecting on how rewarding and flexible a career in this field can be," she stated.

Strategies for Women's Representation

The CFP Board is committed to increasing women's representation within financial planning. To this end, they are rolling out an extensive strategy that includes comprehensive research, the development of valuable resources, and thought leadership initiatives aimed at empowering women in the industry. This multi-faceted approach is preparing for the launch of a national initiative focused on this goal.

Support for CFP® Certificants

CEO of the CFP Board, Kevin R. Keller, CAE, praised Miller's leadership qualities, stating, "Liz is a visionary leader with exceptional experience, passion, and commitment. Her guidance will be crucial in navigating the rapidly evolving technological landscape while ensuring that we support our CFP® certificants effectively. Furthermore, her dedication to promoting diversity will foster a more inclusive financial planning profession."

Technological Innovations in Financial Planning

In her capacity as Chair, Miller will spearhead initiatives designed to maintain the relevance and effectiveness of CFP® professionals in a technology-driven environment. The CFP Board plans to collaborate closely with experts in artificial intelligence (AI) to explore how these innovations can enhance the practices of certified financial planners.

A Commendable Background

Miller has a distinguished background as the founder and President of Summit Place Financial Advisors LLC, an independent advisory firm she established in 2008. Before this, she was a principal at Trevor Stewart Burton & Jacobsen Inc., a firm providing investment management services. Her extensive experience includes leadership on the Wealth Management Task Force for the CFA Institute and heading the first Private Wealth Management committee at the CFA Society of New York, where her contributions earned her the Volunteer of the Year award.

Educational Achievements

Miller’s academic qualifications are impressive: she holds a bachelor’s degree in economics from The Wharton School at the University of Pennsylvania and a master’s degree from Columbia University. Additionally, she became a CERTIFIED FINANCIAL PLANNER® certification holder in 2008 and also proudly carries the CFA® designation. Beyond her professional life, Miller is a mother to grown twin daughters and enjoys life with her husband in New York City.

About CFP Board

The CFP Board serves as the professional body for personal financial planners in the United States. It comprises two affiliated organizations dedicated to enhancing the financial planning profession for the public's benefit. The CFP Board of Standards establishes and upholds high standards for financial planning and administers the CERTIFIED FINANCIAL PLANNER® certification, recognized as the benchmark for competent and ethical financial planning. With over 100,000 individuals holding the CFP® certification in the U.S., the CFP Board Center for Financial Planning addresses challenges in diversity and workforce development while conducting and publishing research to broaden knowledge within the profession.

Frequently Asked Questions

What position did Liz Miller assume at the CFP Board?

Liz Miller has been appointed as the Chair of the Board of Directors for the CFP Board.

How does Liz plan to support women in financial planning?

Miller is leading a strategy to increase women's representation through research, resource development, and partnerships aimed at empowering women in the field.

What are the goals of CFP Board under Miller's leadership?

The CFP Board aims to enhance technological innovation support and promote diversity and inclusion in the financial planning profession.

What firm did Miller found?

Miller founded Summit Place Financial Advisors LLC, an independent SEC-registered advisory firm in 2008.

What prior roles has Liz Miller held in the financial planning profession?

She was a principal owner at Trevor Stewart Burton & Jacobsen Inc. and has served on various leadership committees in the industry.

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