The Certified Financial Planner designation is becoming more popular. More brokers are taking the test and, as with many tests, those who fail it tend to have trouble the second time around as well.

First-time takers
Date of test Number of Test Takers Number Passed Passing Rate
11/02 1,819 1,123 62%
3/03 1,444 878 61
7/03 1,529 919 60
11/03 1,829 1,137 62
3/04 1,562 951 61
7/04 1,622 1,040 64
Second-time takers
Date of test Number of Test Takers Number Passed Passing Rate
11/02 602 319 53%
3/03 546 256 47
7/03 434 204 47
11/03 559 255 46
3/04 533 209 39
7/04 482 226 47
Source: Stock Traders Almanac Online