Kaplan Professional Education (Kaplan Professional), a unit of global education provider Kaplan, Inc., signed an agreement to acquire the College for Financial Planning (CFFP) from Apollo Education Group, Inc., enhancing its leadership role in educating and preparing professionals in the financial services industry globally by expanding its already superb selection of offerings.
CFFP provides financial education and training to individuals through comprehensive programs of study that lead to licensing or certification through individual courses, graduate-level study, and education for professionals pursuing the Certified Financial Planner® (CFP) designation. The College is accredited by the Higher Learning Commission (HLC) and authorized by the Colorado Department of Higher Education to offer a Master of Science in Personal Financial Planning and a master’s degree in finance.
“The College is an excellent complement to Kaplan’s existing Certified Financial Planner (CFP) education offerings and brings with it additional programs, in areas such as retirement planning that includes the Chartered Retirement Planning Counselor SM 2 or CRPC® designation, which will permit us to build on our strong position in this sector,” said Dr. Andrew Temte, president of Kaplan Professional. “We are excited about building on CFFP’s mission to be the education provider of choice for working adults in the financial services industry.”
“This opportunity is beneficial both to the College for Financial Planning and Kaplan, and will help us continue providing the high standard of education in financial planning that we have offered for decades,” said John Sears, president of the College for Financial Planning. “We are proud of the important role we play in supporting professional development in the financial services industry, and this transaction brings together the resources and institutional experience of two of the most significant education providers in the sector.”