FPA boss Tuttle to step down early

Marvin W. Tuttle Jr., executive director and chief executive of the Financial Planning Association, will leave his post in October, two years earlier than planned. He announced he would step down from his role Oct. 2 to focus on family concerns. “While I had intended to complete the two-year contract extension approved by the board last November, it has become increasingly obvious that I am not able to optimally provide focus and leadership to the FPA at a very critical time in its history,” said Mr. Tuttle, who is dealing with a significant health issue in his family. He has held his position for eight years. In his place, the FPA's national board unanimously appointed Lauren M. Schadle as executive director and CEO, a title she will take Oct. 3. Ms. Schadle currently serves as the chief operating officer of the organization, a role she's held since 2006. Ms. Schadle has several agenda items she expects to tackle during her tenure. That includes “applying some tough questions on the decision-making process and making sure that everything we do brings value to our members, especially the core CFP base we have,” she said in an interview. Practice management will be a focal point. “Making sure we're helping members run strong practices is very core to us as a member organization,” Ms. Schadle said. “We look forward to working on value that will help our members succeed, and help them be more successful in their practices.”