Members of the Financial Planning Association who hold the certified financial planner designation helped 7,839 individuals on a pro bono basis last year, up 7% from 2019, according to the FPA.
In 2020, nearly 50 of FPA's chapters and more than 1,000 of its members delivered 14,750 hours of pro bono financial advice, the FPA said. When combining the one-on-one engagement numbers with the numbers of individuals participating in a variety of additional pro bono programs, a cumulative total of 11,637 underserved and at-risk individuals and families received support, the group said in a release.
The association said members and chapters responded to the COVID-19 crisis by adapting to the changed circumstances and offering a variety of virtual events and online venues to seek advice.
Large and mega plans show strongest appetite, but fee confusion persists.
Many people are taking a dangerous gamble with their financial future, new study warns.
Britt is named CFO of Wipfli, a $600 million accounting firm that audits two NFL franchises
The acquisition pairs Zephyr's 21,000-product separately managed account database with YCharts' newly launched AI agent assistant for investment research.
The war for talent continues in the Sunshine State with as Truist and RayJay teams managing a collective $1 billion in client assets defect to other firms.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income