Ric Edelman

They're one of the only schools in the country to have three medical schools.

It's an astonishing institution.

I went to Rowan, and that's where I met my wife, Jean.

She's on the board of trustees.

We've been heavily involved there for a very long time.

And

we just created the School of Financial Planning.

As founding head, I'll be involved in creating the curriculum and hiring the faculty.

Our goal is to produce 500 CFPs a year once we get fully up and running.

We're going to offer a minor, a major, and a master's degree, also an online program.

And the fundamental reason that I chose to do this is because we have a big problem in our country.

Last year, business schools around the U.S., 1,500 of them,

graduated over a quarter million business, finance, marketing, and accounting majors.

Less than 200 schools offer a financial planning degree, and they produce less than 4,000 financial planners.

Let's face it.

What do we really need more of?

Marketing guys or financial planners?

Oh, Texas Tech and Kansas have two of the best programs in the country.

There are lots of good ones, but not enough.

We're producing far too few financial advisors relative to the need.