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.
The 70% time savings I expected from AI hasn't fully arrived, but the quality of our advice and our private markets platform have changed.
The J.C. Flowers-backed investor’s latest RIA deal adds five next-gen leaders to the Massachusetts firm’s ownership ranks
Meanwhile, UBS and Raymond James talk recruiting.
Elderly clients lost about 70% after a South Carolina advisor held inverse ETFs for 798 days on average, the regulator says
The new chat feature is expected to launch in 2027.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
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
