Milt died in 2015. A principled man who sought the truth and constantly challenged others to be their best, Milt was highly respected by his clients, colleagues and peers alike. One of his greatest joys was building Bridgewater — his imprint is everywhere. He left behind a firm that is strong, intellectually deep and committed to the sole principle of “doing the right thing” for clients.

In 2016, the CFP Board Center for Financial Planning — along with Milt’s family and his colleagues here at Bridgewater — created the Milton Stern Scholars Fund in honor of Milt’s life and to continue the legacy of his unwavering commitment to independent financial advisory work. It was the first of what is now a bevvy of scholarship funds at CFP Board. The Milton Stern Scholars Fund provided financial assistance to individuals seeking to pursue the CFP® designation who demonstrated financial need, solid academic credentials, and a commitment to the field of financial planning.

In 2021, Bridgewater and Milt’s family decided to both expand the mission and find a new home for the Fund. While we are proud of our partnership with the CFP Board — as the Fund extended an opportunity to those wishing to follow their dreams as Milt did — we encourage you to stay tuned to learn more about the Fund’s expanded scope in support of upcoming generations of thoughtful, financially-savvy professionals. We will be posting a new link to the Milton Stern Scholars Fund shortly.