CFP Board names Elizabeth Miller 2024 chair-elect

The CFP Board elected Elizabeth Miller as its 2025 board chairwoman, the certifying and standard-setting organization announced Wednesday.

Miller, founder and president of New Jersey's Summit Place Financial Advisors, joined CFP Board as a board director in 2020. She is also a member of the CFP Board Center for Financial Planning's Campaign Development Committee.

CFP Board

"Liz is a remarkable leader whose contributions to the profession are substantial," CFP Board Chair Daniel Moisand said in a statement. "We are excited about the wealth of experience she brings to the role, and we look forward to her leadership and vision as we continue to advance the financial planning profession."

Prior to establishing Summit Place Financial Advisors, Miller was a principal owner of investment management services firm Trevor Stewart Burton & Jacobsen. She began her career as an M&A analyst for The First Boston Corporation and then became an associate portfolio manager for Oppenheimer Mutual Funds. 

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Miller founded Summit Place in 2008 to focus on the financial needs of multigenerational families.

"I am honored to be selected as the 2024 board chair-elect by my fellow members of the board of directors," Miller said. "Our profession is needed now more than ever, and I am thrilled to collaborate with my fellow board members and the staff at CFP Board to foster a growing and diverse community of CFP professionals, ensuring that more Americans receive competent, ethical financial planning."

Miller currently serves on the alumni board of the Sphinx Society of the University of Pennsylvania, the external advisory board of New Jersey Institute of Technology and the editorial advisory board for wealth management journal Trusts & Estates. 

She led the first private wealth management committee at the CFA Society of NY where she was honored with a volunteer of the year award and later served on the board of directors. Miller also served on the wealth management task force for CFA Institute, contributing to the initial curriculum on wealth management for CFA candidates.

Other affiliations include being a member of the Financial Planning Association, the National Association of Personal Financial Advisors, the National Speakers Association and the Women Presidents Organization.

She is also the author of the book Clutter-Free Wealth: A Goal-oriented Guide to Gaining Control of Your Affluence. 

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In her bio on the Summit Place Financial Advisors website, Miller says she went to Wall Street with her classmates from The Wharton School at the University of Pennsylvania and "thrived on the intensity." 

She loved that her success could be easily measured by portfolio performance, but she soon developed a passion for using her financial expertise to make a positive impact on the lives of others.

"Shortly after I started managing portfolios for individuals and families, they started asking me other questions related to many of the planning issues that successful families face," she said. "They would share that their accountant or attorney had brought up a planning topic, but sent them to me for the next discussion. This is when I realized so many successful people are left to coordinate all their professionals by themselves in a quest for the best solutions.

"In 2008, I decided to launch a firm that could simplify the financial life of clients by managing and coordinating all their diverse and complex wealth needs."

The CFP board of directors elected Miller as chair-elect at its July 2023 meeting. Current chair-elect Matt Boersen will serve as CFP Board Chair in 2024, and Miller will take the reins 2025.