“This collaboration will fill a need for CFP board registered programs in the region, as industry growth outpaces workforce growth and a significant generation gap faces the industry,” Schwab said. 

A charitable investment will fund scholarships as well as the creation and enhancement of coursework and exam preparation required by undergraduate students who wish to launch a career providing financial planning and advice.

Development of the CFP program at the Leeds School will begin in the fall of 2015 and is expected to attract more than 80 students once fully implemented.

It will cover the following topics: introduction to personal financial planning; investment and portfolio management; retirement planning; insurance and personal risk management; estate planning; income tax accounting; and communication and counseling skills.