Principles To Lived By According To The Financial Planning Association
In the financial planning sector there is an association that guides financial planning professionals to make sure that they are in the right path. This is the role of the Financial Planning Association. The FPA is the largest membership organization for Certified Financial Planner (CFP) professionals in the U.S. as well as those members who has great support on financial planning process.
The FPA is a leadership and advocacy organization for those who provide support and benefit from financial planning. The main goal of this organization is to be a community that provides the value of financial planning and at the same time advances the practice of financial planning. The organization as well is governed by a volunteer Board of Directors who are in charge of helping the organization reach its mission while following the organization’s by laws.
The FPA members are consist for Certified Financial Planners, financial services professionals, educators, students and other professionals. It also includes members who support the financial planning process. The FPA works closely with academic leaders, legislative and regulatory bodies, financial firms and consumer interest organizations. With its unique network of nationwide chapters encourages both personal and professional development in all levels. So you see, being a member of this association can really promote career growth that is why it really helps a lot that they are here to guide all financial planning professionals.
The members of the Financial Planning Association adhere to the highest standards of professionalism, competency and ethical practices that are vital in the financial services industry. They do this to show commitment to a high level of professionalism, competency, ethical conduct and most of a clear and complete disclosure for financial planning professionals. Aside from that it is also very important that they always adhere closely to the Code of Ethics which will reflect their commitment to help their clients achieve their lifelong goals.
Mentioned below is the important Code of Ethics that you must abide with:
a. Professionalism - FPA members conduct at all times shall reflect credit upon the profession.
b. Competence – FPA members must provide competency in providing professional services to your clients.
c. Confidentially FPA members must never disclose any confidential client information without having any consent from the client unless it has something to do with legal issues that needed to be addressed right away.
d. Integrity – FPA members must offer and provide professional services with integrity.
e. Diligence – FPA members must always act diligently in providing professional services to their clients.
f. Fairness – FPA members must perform professional services in a manner that is fair and reasonable to their clients, principals, partners and employers.
g. Objectivity – FPA members should always be objective in providing professional services to their clients.
All these clearly shows that by having the FPA around to guide the financial planning sector you are secure that all its professionals are on the right path.
Through this article you will know about the Financial Planning Association and how important this is. To understand more about the Financial Planning Association you can go to and learn more about the FPA and its bylaws.