The Financial Planning Association has honored Scott M. Kahan with the group’s and the profession’s highest individual award — the 2022 P. Kemp Fain Jr. Award. The award is presented to an individual who has realized outstanding achievements in service to society, academia, government and professional activities.
A financial planner for over 35 years, Kahan is president and senior financial planner at Financial Asset Management Corporation in Chappaqua, New York, a firm he launched in 1986. Kahan has taught courses for the financial planning programs of Marymount College, Baruch College and New York University, where he was recognized for his teaching contributions with the “Award for Teaching Excellence” in 1991. His leadership at NYU led to the school’s program transitioning to a CFP Board-registered program.
Kahan served on the board of the Institute of Certified Financial Planners from 1997 to 1999 and, after its 2000 merger with the IAFP to create the FPA, served on the FPA’s board from 2000 to 2001. He also has chaired the FPA of Metro New York chapter and several FPA national conference task forces.
“For many years, Scott has been a passionate advocate for financial planning and took important action to lead efforts to strengthen FPA and the profession," the Financial Planning Association said in a press release Thursday. "He exemplifies all that P. Kemp Fain stood for and is very deserving of this tremendous honor.”
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management