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  • Friday, September 18, 2015 5:11 AM | Melissa Kemp (Administrator)

    Dear Melissa,

    Over the last several months, we have communicated with you about the Coalition’s activities in support of the U.S. Department of Labor’s (DOL) re-proposed rule that would require financial professionals who provide retirement advice to do so at a fiduciary level, meaning that the client’s interest is always put first.

    This month, the DOL’s Employee Benefits Security Administration invited the Coalition to testify before department officials about its position regarding this rule and specifically its view on whether or not to amend the definition of “fiduciary” advice under the Employee Retirement Income Security Act (ERISA). The four-day hearing provided organizations with an opportunity to share input regarding the rule.

    Testifying on behalf of the Coalition were Marilyn Mohrman-Gillis, CFP Board Managing Director of Public Policy and Communications, and Ray Ferrara, CFP®, Chairman and CEO of ProVise Management Group LLC, former Chair of the Board of Directors of CFP Board, and a former FPA Board Director. In their testimony, they strongly endorsed the DOL’s re-proposed rule – with important modifications and clarifications to make it more workable across business models – and encouraged the agency to move forward with the rulemaking process.

    The Coalition’s testimony reflected the view that the proposed rule will be workable, drawing from CFP Board’s experience in establishing a fiduciary standard for CFP® professionals in 2007. Mohrman-Gillis stated, “The number of CFP® professionals has grown by more than 30 percent to over 72,000 since CFP Board established a fiduciary standard. And many firms, to their credit, are recognizing the value of competent and ethical advice and are supporting CFP® certification for their advisers.”

    Ferrara’s testimony – as well as a related opinion article published in The Hill – highlighted the urgency for the rule. As a small business owner of an independent financial services firm, he shared his experience providing fiduciary-level advice across business models. (ProVise is a SEC-registered investment adviser; most of its advisers are registered representatives with FINRA and are also insurance licensed.)

    “After 40 years and seismic shifts in the way Americans plan and save for retirement, we cannot afford to go back to the drawing board,” Ferrara wrote in The Hill. “The industry has always been able to adapt to regulatory change, and it will again.”

    As the Coalition continues to communicate to policymakers and regulators the positive impact of the proposed rule on retirement savers, we will keep you updated. If you have questions or comments in the interim, please contact the Coalition by email.


    Kevin R. Keller

    Lauren M. Schadle

    Geoffrey Brown

    Kevin R. Keller, CAE
    Chief Executive Officer
    CFP Board

    Lauren M. Schadle, CAE
    Executive Director/CEO


    Geoffrey Brown, CAE
    Chief Executive Officer

    CFP Board



  • Tuesday, September 01, 2015 2:54 PM | Stephanie Weadock (Administrator)

    Join us in wishing a very Happy Birthday for the month of September to:

    Henry E. Bregman, CFP®
    Stuart J. Harrell, CFP®
    M. Sue Larkin, CFP®
    Daryl R. Nitkowski, CFP®
    Mark W. Novkov, CFP®
    David J. Sears
    Linda Henneman Bowers, CFP®
    Michael P. Black, CFP®, CDFA
    Christopher C. Wilkinson, CFP®
    Kevin F. Lambe
    Ann M. Barber, CFP®
    Brian D. Wruk, CFP®(US,CDA),TEP,CIM
    Sally A. Taylor, CFP®, CPA, PFS, MSFP
    Jeff C. Peterson, CFP®
    Jeffrey C. Dollarhide, CFP®, CLU
    Carey S. McCrady
    Daniel C. Thompson, CFP®
    David A. Murphy, CFP®
    Don R. Wilde, CFP®
    Aaron Hail, CFP®
    Jared Daniel, CFP® CRPC® EA
    Matthew S. Kelly, CFP®, CIMA®

    How, you may ask yourself, do we know this? Completed information in the membership profiles.  Completing all fields in your profile could get you birthday recognition, and possible other little perks..........We don't need the year you were born, just the month.

  • Monday, August 31, 2015 11:02 AM | Stephanie Weadock (Administrator)

    Congratulations to Don Larkin for winning the VIP raffle drawing for a California Pizza Kitchen gift card at the FPA of Greater Phoenix August 26th meeting.


    How did Don become a meeting VIP?  He was one of the first 25 to register for the meeting.


    You too can be a meeting VIP by registering to attend promptly upon receipt of the meeting announcement in your inbox.

  • Friday, August 28, 2015 2:45 PM | Stephanie Weadock (Administrator)

    Attendance for the FPA of Greater Phoenix August 26th program was submitted today to the CFP(R) Board and the Arizona State Department of Insurance for continuing education credits.


    Please contact the administrative office at 602-840-2900 or admin@fpaofphoenix.org with any questions and/or assistance needed.

  • Tuesday, August 25, 2015 11:48 AM | Melissa Kemp (Administrator)

    Metlife is offering an onsite Transition Planning program on Sep 9th, from 11:30 AM to 2 PM to Arizona financial planners.  Click here for the flyer.

  • Wednesday, August 05, 2015 9:33 AM | Stephanie Weadock (Administrator)


    FPA Retreat 2015

    Save Money
    FPA Retreat discount for 2016 Retreat, to be held at the Biltmore, for FPA of Greater Phoenix Members. 

    Current Price: $1249. 

    Your Price (until Sep 30th) $974.  Discount code AZRET15.

  • Thursday, July 30, 2015 1:04 PM | Stephanie Weadock (Administrator)

    Congratulations to Vanessa Lee for winning the VIP raffle drawing for a California Pizza Kitchen gift card at the FPA of Greater Phoenix July 22nd meeting.


    How did Vanessa become a meeting VIP?  She was one of the first 25 to register for the meeting.


    You too can be a meeting VIP by registering to attend promptly upon receipt of the meeting announcement in your inbox.

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