During a routine webinar this week discussing its operations, CFP Board CEO Kevin Keller read aloud a question from a CFP, who asked, "Has the CFP board put the fee-only controversy behind it?"
"I don't know whether we have put it behind us or not," CFP Board Chairman Ray Ferrara answered, adding: "I think sometimes the profession is concerned about the wrong f-word. We really shouldn't be talking about fees, we should be talking about fiduciary. If you are talking about fees with all the proper disclosures, then compensation is really not an issue."
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