Skip Schweiss of TD Ameritrade elected 2020 president of FPA

Financial Planning Association also elects four new board members
OCT 16, 2019
The Financial Planning Association has elected Skip Schweiss, president of TD Ameritrade Trust Co., as its 2020 president for a one-year term. Mr. Schweiss, whose term will begin Jan. 1, 2020, succeeds 2019 FPA President Martin C. Seay. [More: SEC clears up confusion over whether advisers can continue to call themselves fiduciaries] In addition to his duties at his firm's trust company, Mr. Schweiss serves as managing director of adviser advocacy and industry affairs for TD Ameritrade Institutional. He is currently completing a three-year term on the FPA board of directors. [Recommended video: Where does the fiduciary rule stand?] The FPA board also elected four new members to serve on its board for three-year terms: Robert van Beek, founder and director of About Life & Finance B.V. in Roosendaal, Netherlands; Susan Danzig, president of Susan Danzig in Moraga, Calif.; Claudia Cypher Kane, financial adviser at Raymond James Financial Services in Roseville, Calif.; and Carl A. Wayne, senior adviser in the charitable estate planning area at the American Heart Association in Los Angeles. Investing in profitability, performance and people: Register for our Top Advisory Firm Summit.

Latest News

Treasury hits BofA with $1.2B fine over money laundering violations
Treasury hits BofA with $1.2B fine over money laundering violations

“Today’s actions send a clear message that even the biggest financial institutions are not above the law,” said Treasury Secretary Scott Bessent.

The hidden cost of growing a firm without intention
The hidden cost of growing a firm without intention

To build a truly self-sustaining practice, enterprising advisors have to start with a vision of what they want to be – and accept the realities that come with building toward it.

Waverly, Apella buy $412M in RIA assets across Oregon, Northeast
Waverly, Apella buy $412M in RIA assets across Oregon, Northeast

Serial acquirers add a 35-year-old Oregon wealth manager and a New York practice focused on women navigating life transitions.

&Partners taps two UBS leaders to run its private wealth business
&Partners taps two UBS leaders to run its private wealth business

Mara Glassel and Julie Fox will co-lead the fast-growing hybrid RIA’s ultra-high-net-worth and private wealth businesses.

Citi sees Q3 profit jump as wealth unit books record $38B in net new assets
Citi sees Q3 profit jump as wealth unit books record $38B in net new assets

The banking giant's wealth arm extends its revenue streak as it pushes to exit consent orders weighing on growth since 2020.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor