Certified Financial Planner Board of Standards Inc. announced that Daniel Moisand has begun his role as chair of its board of directors.
In 2021, Moisand was elected by the board to serve as the 2022 board chair elect. On Jan. 1, he began serving in his new role as board chair.
Moisand will guide the organization as it launches its first-ever comprehensive review of CFP Board's competency standards with the formation in 2023 of the Competency Standards Commission, the CFP Board said in a press release Tuesday.
During his term as chair, he will also preside over the beginning of a new initiative that will focus on increasing the number of college-bound students choosing financial planning as a degree major and career path.
From 1999 to 2001, Moisand served on CFP Board's Board of Practice Standards. In 2008, he served as chair of CFP Board's Disciplinary and Ethics Commission. And, in 2020, he was elected to his first term to serve on the board of directors.
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.