Fewer than three out of 100 certified financial planners work at banks, but even that tiny fraction is double the level of the mid-1980s, according to a survey by a financial planning organization.

The Certified Financial Planner Board of Standards said 2.7% of licensed planners were employed by banks, up from 1.3% in 1987.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.