Edelman Gifts $10M for new School of Financial Planning at Rowan University
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Edelman Financial Engines has committed $10 million to establish the School of Financial Planning at Rowan University to address the shortage of financial planning professionals. The school will offer various programs, including undergraduate and graduate curricula, to prepare students for the Certified Financial Planner designation.
Edelman Financial Engines has committed $10 million to establish the School of Financial Planning at Rowan University in Glassboro, New Jersey. The school aims to address the shortage of financial planning professionals in the United States. It will offer undergraduate and graduate curricula, bachelor's degree majors and minors, master's degrees, certificate programs, and executive education programs to prepare students for the Certified Financial Planner designation. The school plans to create partnerships within the financial services industry and offer professional development opportunities for its students. Ric Edelman, founder of Edelman Financial Engines, will serve as the founding head of the school. The school plans to offer its first classes in the fall of 2026. Currently, fewer than 200 US colleges offer degrees in financial planning, and the industry is projected to face a shortage of 100,000 financial advisors within the next decade.
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