FPA

Industry groups warn of creeping fiduciary obligations, while consumer advocates see it as a setback for investor protections

He's the second executive to depart the custodian in the past two weeks.

"The stillness of the time produced by the pandemic quarantine has put age-old issues in the spotlight,” writes Visionary Leader Awards judge Dasarte Yarnway.

With her innovative, rapid-fire leadership, the recipient of this year’s individual award is giving nearly 2,000 aspiring planners unprecedented entree into a profession sorely in need of them

Thousands of planners have dropped their memberships in recent years. Here’s why I joined them.

“Especially in this time when we are thinking, ‘Is there going to be a shortage of opportunity,’ in comes this one. It’s put a lot of fire in me to learn as much as I can,” says new college graduate Kameron Kindle.

Under Lauren Schadle’s tenure, the association rolled out its OneFPA initiative while also dealing with declining membership.

“This virtual program will fill a major a hole left by internship cancellations,” says FPA President Martin Seay.

When Congress killed tax deductions for financial advice in 2017, the world was a different place. Now planners want them restored to help clients during the coronavirus crisis

“We all agree a conflict could arise in the future,” Schweiss says. “There are ways of potentially dealing with that.”

The advisor advocate’s’ term, to begin in 2021, also will focus on increasing FPA membership.

The suggestion comes amid opposition from brokerage firms to an expanded fiduciary obligation.

With their pro bono efforts, advisors have helped clients manage thousands in debt, plan for future health care costs and even offered healthy recipes.

The message I heard was loud and clear: “You can’t be a financial planner because you are a masculine-presenting lesbian.”

A tougher job market and requirements to simultaneously care for children and elderly parents are just some burdens clients may face.

Clients' references to being overwhelmed or dealing with a family member’s memory loss can serve as catalysts.

Clients who want to retire in their 30s or 40s will need a lot of hand-holding.

One of the most important aspects of any advisor-client relationship is how culture affects their conversations, experts say.

Fledgling advisors can jumpstart their careers by unlocking the secrets of their individual "ways-of-being" through writing reflections with a mentor.