The Financial Planning Association this week elected Michael Branham as its new president-elect and added three new board members.

Branham, a financial planner specializing in retirement planning, income tax, cash flow and estate planning at Cornerstone Wealth Advisors in Edina, Minn., will assume the organization’s top spot in January 2013. He’s served on the FPA board since 2009 and has chaired its Professional Issues and Financial Integration committees.

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