About

FPA is the community that brings together those who deliver financial planning, those who support it and those who benefit from it.  FPA is dedicated to promoting the growth and value of the financial planning profession through membership and advocacy programs that help ensure best practices by individual and institutional providers, effective regulatory policy, and informed decisions by involved, empowered consumers worldwide.

FPA members are dedicated to supporting the financial planning process in order to help people achieve their goals and dreams. The FPA believes that everyone needs objective advice to make smart financial decisions and that when seeking the advice of a financial planner, the planner should be a CFP® licensee.

Local Chapters: A nation wide network of local chapters is the backbone of the FPA. Each one promotes the advancement of knowledge in financial planning, supporting programs and projects that enable members to better serve their clients.

Publications: The FPA’s official publication is the Journal of Financial Planning. This award winning publication features prominent writers who cover all aspects of financial planning including news that shapes the community. Also, the FPA has a web presence at www.fpanet.org. FPA’s web presence includes articles, forums, on-line networking, and substantive information of interest to those who support the financial planning process.

Consumer Assistance: The FPA offers services and resources designed to help the public understand the importance of the financial planning process and the value of objective advice from a CFP professional. Resources include issue-based campaigns designed to educate consumers about specific personal finance issues, a service to connect consumers with local CFP professionals, web-based consumer information and brochures. Consumers can visit www.fpanet.org to access this information. They can also call 1.800.282.PLAN.

What is a Certified Financial Planner® (CFP) licensee?
In order to be licensed to use the CFP mark, an individual must meet the following qualifications, as specified by the Certified Financial Planner Board of Standards, Inc. (CFP Board):

  • Examination—An individual must successfully complete the CFP Board’s comprehensive certification examination, which tests the individual’s knowledge on a multitude of key financial planning topics.

  • Experience—Depending on the level of degree work completed in a collegiate setting, an individual must acquire three to five years of financial planning-related experience prior to receiving the right to use the CFP mark.

  • Ethics—An individual must voluntarily ascribe to the CFP Board’s code of ethics and additional requirements as mandated. This voluntary decision empowers the CFP Board to take action if a CFP licensee should violate the code of ethics. Such violations could lead to disciplinary action, including the permanent revocation of the right to use the CFP mark.

  • Education—A CFP licensee must obtain 30 hours of continuing education every two years in the body of knowledge pertaining to financial planning areas such as estate planning, retirement planning, investment management, tax planning, employee benefits and insurance.

What are FPA’s membership divisions?
FPA maintains four membership divisions:

The Financial Planner Division serves those who have made a commitment to the financial planning process by achieving or pursuing the Certified Financial Planner (CFP) designation. All new FPA members who elect to participate in this division will have three years to meet this objective (former IAFP financial planner members who were not CFP licensees or candidates, as of March 23, 1999, are given ten years).

The Broker/Dealer Division is for FINRA member firms that are in the retail securities business and whose representatives are allowed to offer more than proprietary products.

The Corporate Division includes corporations and other entities that provide products and services offered to or through financial advisors.

The Allied Professional Division is for practitioners such as accountants, attorneys, bankers, charitable giving specialists, insurance agents, stockbrokers, money managers, investment consultants and others who champion the financial planning process.

Mission Statement:
Public:
Communicate the value of the financial planning process as a way to help people achieve their goals and dreams

Existing Members: Provide educational and networking opportunities to assist members in their efforts of achieve personal and professional fulfillment

New Members: Foster a community of like-minded professionals in order to help our members advance their careers, promote financial planning, and guide the profession