FPA of New England is recognized as the 2024 Power of Financial Planning Award winner.
DENVER (July 17, 2024) – The Financial Planning Association® (FPA®) and the Foundation for Financial Planning (FFP) are pleased to announce the FPA of New England as the recipient of the 2024 Power of Financial Planning Award. The award is in recognition of their commitment to delivering pro bono financial planning in the spirit of FPA’s Primary Aim: To elevate the profession that transforms lives through the power of financial planning.
In its sixth year, the Power of Financial Planning Award recognizes an FPA chapter and its members’ efforts over the past 12 months to provide quality pro bono financial planning and advice to underserved populations.
“FPA chapters and members have played a significant role in engaging underserved communities nationwide to offer pro bono financial planning advice. They understand that such advice can be life-changing and lead to long-term financial well-being,” says 2024 FPA President Claudia Kane, CFP®. “FPA of New England has proactively engaged the local community to make financial planning more readily accessible to those who need it. We look forward to recognizing their impactful work at FPA Annual Conference 2024 in Columbus from September 18-20.”
FPA of New England is being recognized with this year’s Power of Financial Planning Award to celebrate its close collaboration with several organizations working to improve the financial wellness of people in the region, specifically Massachusetts. The Chapter’s pro bono and financial wellness work included:
- Massachusetts Office of Economic Empowerment (OEE): For the past 15 years, the Chapter has partnered with the OEE, a department of the state treasurer’s office, to provide financial literacy to Massachusetts residents. This long-standing collaboration has seen the Chapter provide financial coaching to seven community-based organizations, conduct 'Train the Trainers' coaching on retirement planning and identity theft for community leaders, and testify in support of bipartisan legislation requiring financial literacy education as a condition of high school graduation.
- Jewish Vocational Service Boston (JVS): In partnership with JVS, the Chapter supported the Workforce Training Program by providing financial coaching and financial wellness presentations to support a largely immigrant population. The work the chapter did over the past year is an extension of the work the Chapter has done with JVS over many years of close collaboration.
- Homes for Our Troops: The Chapter is proud to have among its ranks many members who are either active-duty service members or veterans, which has uniquely positioned the Chapter as a valuable partner to organizations like Homes for Our Troops, where volunteer financial planners provide financial education and pro bono financial planning services. Among its work over the past year, the Chapter provided financial coaching to support the unique financial challenges associated with military service, coached a wounded service member in the financial ramifications of homeownership and participated in that service member’s Key Ceremony in May 2023, supported a Homes for Our Troops fundraiser in November 2023 with financial and volunteer support, held five education events, and helped another wounded service member qualify for a new home after providing financial coaching.
The FPA Awards Committee recommended, and the FPA Board of Directors approved, FPA of New England as the recipient of the 2024 Power of Financial Planning Award.
“We are proud to partner with the Financial Planning Association to recognize the efforts of the FPA of New England to serve some the most financially vulnerable members of society,” says Jon Dauphiné, CEO of FFP. “The impact of pro bono extends far and wide, not only to clients, but also to their families, their communities, and to the volunteers and profession as a whole.”
FPA of New England will be recognized at a special Honors Reception at FPA Annual Conference 2024 in Columbus, Ohio, from Sept. 18-20, 2024.
Journalists interested in learning more about the award or speaking with a representative from FPA, FFP, or FPA of New England can contact Ben Lewis at 303-867-7190 or blewis@onefpa.org.
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About the Financial Planning Association
The Financial Planning Association® (FPA®) is the leading membership organization and trade association for Certified Financial PlannerTM professionals and those engaged in the financial planning process. FPA is the CFP® professional’s partner in planning by helping them realize their vision of professional fulfillment through practice support, learning, advocacy, and networking. Learn more about FPA at financialplanningassociation.org and on Twitter at twitter.com/fpassociation.
About Foundation for Financial Planning
Foundation for Financial Planning (FFP) is the nation’s leading charity dedicated to advancing pro bono financial planning for at-risk populations, including active military members and wounded veterans, people with cancer and other serious medical diagnoses, seniors and family caregivers, low-income individuals and their families, domestic violence survivors and many more. Over its more than 28 years, FFP has provided $9.3 million in grants to national and community-based pro bono programs; worked with partners to activate more than 29,000 financial planners to volunteer their time and talents; reached over 730,000 people in crisis or need; and acted as a leader and catalyst to foster a rich tradition of pro bono service across the financial planning profession. Visit FFPprobono.org to learn more.