Overview
- Rowan University said Thursday it received a $10 million commitment from Edelman Financial Engines to create a School of Financial Planning.
- Ric Edelman, the firm's founder and a Rowan lecturer, will serve as the founding head, help design the curriculum, and teach.
- The school, housed in the William G. Rohrer College of Business, will offer bachelor’s and master’s degrees, certificates, and executive education focused on CFP preparation starting in fall 2026.
- University and industry leaders cite research pointing to a potential 100,000-advisor shortfall and note that fewer than 200 U.S. colleges offer financial-planning degrees, underscoring why CFP training matters.
- The move extends the Edelmans’ long record of giving to Rowan, while the backing firm manages about $308 billion in client assets, lending scale and industry ties to the program.