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K-State Today

May 23, 2017



Waddell & Reed selects personal financial planning graduate for Reimbursement Program Award

By Jodi Kaus

Lindsay Adams

Lindsay Adams, a May 2017 certified financial planning graduate, is the recipient of the Waddell & Reed Reimbursement Program Award for Certified Financial Planning Certification.

The $1,595 award breaks down to $595 toward reimbursement of the standard certified financial planner exam registration fee and $1,000 for reimbursement of a certified financial planner exam review course.

The program was established as part of Waddell & Reed's ongoing commitment to financial education. According to Investment News, a recent study found that 69 percent of those who completed a bachelor's or master's degree in financial planning had not taken the two-day comprehensive certified financial planner exam in the five years after graduation. Many of those surveyed noted the cost of the exam as a deterring factor in deciding whether or not to take it.

The Waddell & Reed Reimbursement Program for Certified Financial Planner Certification supports qualified financial planning graduates. To qualify, applicants must have completed two or more academic semesters as a Powercat Financial peer counselor, be nominated by the director of the Powercat Financial program, and have a 3.0 or higher on 4.0 scale or better overall grade point average. Awardees will have one year from the award date to take the exam in order to qualify for reimbursement. The award must be used to pay for the certification examination fee and corresponding fees for an exam review course.

Founded in 1937, Waddell & Reed today has grown to more than 160 registered offices nationwide.

The CFP Board is a nonprofit certification organization with a mission to benefit the public by granting certified financial planning certification and upholding it as the recognized standard of excellence for personal financial planning