The Financial Planning Association, anxious to build its cache of student chapters at colleges across the country, set aside time at the organization’s annual conference in San Diego this week to instruct young attendees how to start their own chapters.
The reason: the trade group wants to ensure that it continues to be vibrant in the face of an aging membership base, as the average age is now 53, says Sara Reynolds, FPA’s director of chapter and volunteer relations. “This pipeline is about to go dry as the average older member nears retirement age,” Reynolds told attendees of the Thursday session. “There is a huge vaccuum of younger professionals who might not yet be active in FPA.”
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