On behalf of the entire Financial Planning Association® (FPA®), thank you for your unwavering dedication to professional excellence. Through your efforts, FPA and our community stand as a beacon of trust, knowledge, and integrity for the financial planning profession.
As we all navigate through the ever-changing financial planning landscape, I want to update you on one of our Association's core objectives: to help you realize your vision of success with practice support services and benefits.
Your challenges in running a successful financial planning practice are becoming increasingly complex. FPA constantly seeks to equip you with the right tools and support essential for your thriving practice and, ultimately, fuel your clients’ well-being. FPA is committed to supporting you through a diverse array of resources and services that focus on empowering you throughout your career and business journey.
The importance of practice support cannot be overstated. It is the foundation for fostering professional growth, driving innovation, and navigating the dynamic landscape. To drive this important area of membership value, we continue to invest heavily in bolstering our practice support offerings to ensure that you have access to the most up-to-date and relevant information and services, including a couple of recent and upcoming offerings:
- New Research on Business Growth: Recent research by FPA and Janus Henderson revealed that 46% of advisers are comfortable with their current growth rate. Still, only 12% strongly agree with that sentiment. The good news is the same research identified six keys to growth for today's advisory practices, which you can read about in the Six Keys to Growth for Today's Adviser report.
- Opportunity to Differentiate Your Financial Planning Practice: Alternative investments are driving an increasing focus of interest, and so is the need for education about them. A partnership between FPA and the Chartered Alternative Investment Analyst (CAIA) Association brings you greater access to innovative educational resources with UniFi by CAIA™. You can now expand your subject matter expertise with relevant micro-credentials, including private debt and digital assets, which may lend themselves to helping you provide value-add services to your clients or market to potential new clients.
- New Enhanced Media Training: Thanks to FPA MediaSource, FPA has become a recognized resource for journalists looking to tap into the expertise of CFP® professionals. To further support your desire to build your local, regional, and national visibility and grow your personal brand, FPA has partnered with AdvisorPR to develop and launch an enhanced media training program that is now available.
- New Research on FinTech and Client Relationships: Also, at FPA Annual Conference 2023, we announced a new research report that delves into how financial planners use financial technology to forge relationships with their clients. In partnership with our friends at eMoney, the research of nearly 1,000 financial planners helps you understand how to leverage various technologies to your advantage.
- New Member Benefit from TIFIN Wealth: TIFIN Wealth and FPA have partnered to extend access to TIFIN Wealth’s personalized investment platform at no cost for FPA members who manage under $100M in AUM. This member benefit aims to empower you with cutting-edge tools and resources to better serve your clients. Qualified FPA Members will gain access to a full suite of tools that enable you to assess risk, develop micro-plans, and match clients and prospects to investment strategies that align with their unique financial goals.
FPA’s success as your membership organization is tied to your success as a financial planner. Your commitment to excellence and dedication to serving your clients drive us to continuously improve the practice support offerings you enjoy as part of your FPA membership. By continually refining and expanding our offerings, we can equip you with the necessary tools and knowledge to weather the changing landscape and thrive in this ever-evolving profession.
In case you missed it:
- The Journal Wins Again: We were pleased to announce the Journal of Financial Planning has been awarded the 2023 APEX Grand Award in the 35th Annual Awards for Publication Excellence competition. As one of 12 recipients of the APEX Grand Award in the “magazine, journals, and tabloids” category, the Journal demonstrated excellence in graphic design, editorial content, and the ability to achieve communication effectiveness. More than 1,100 entries were evaluated for this year’s awards, and 100 publications were awarded the Grand Award across 14 categories.
- Building Tomorrow’s Workforce: FPA joined with more than 500 trade associations, professional societies, businesses, and employers to form the Tomorrow’s Workforce Coalition, established to build support for the Freedom to Invest in Tomorrow’s Workforce Act (S. 722 / H.R. 1477). This bipartisan, bicameral Congressional Act would, if approved and signed into law, expand qualified expenses under 529 savings plans to include postsecondary training and credentialing, such as licenses and professional certifications.
Thank you for the privilege of your membership and for allowing FPA to be your partner in planning.
Sincerely,
