When I entered the field of financial planning in 2008, I learned about an organization called the National Association of Personal Financial Advisors (aka NAPFA). All of the financial planning firms I admired belonged to NAPFA, and I knew that eventually I also wanted to become a member. The organization shared my values with regard to putting a client’s interest’s first and the desire to reduce the inherent conflicts of interest that seem to consume the financial planning industry.
After 8 years of being on the outside, I’m excited to announce that I am now a member NAPFA!
For those unfamiliar with NAPFA, it is the country’s leading professional association of Fee-Only financial advisors. Members must agree to practice comprehensive financial planning, abide by a Fiduciary Oath, and only receive compensation through fees paid by their clients (as opposed to a commission on sales).
Currently, I am the only NAPFA advisor in Redding, CA and 1 of 2 in all of far Northern California (north of the Sacramento metro area).
People in Northern California deserve financial professionals who are highly trained and provide advice free from inherent conflicts of interest. I am proud to now be part of an organization that not only shares in these sentiments but is also committed to upholding the highest standards in the industry.
Admission to NAPFA requires a multi-step process that includes: holding the CFP® designation, having 3 years of experience, and the submission of a comprehensive financial plan for peer review. Once a member, NAPFA requires 60 hours of continuing education every 2 years.
There are a lot of people with the ‘financial advisor’ title, and many of them do little more than provide a sales pitch for products that may or may not be in the client’s best interest. This is the differentiating factor that comes with being a member of NAPFA.
NAPFA prides itself on the fact that they look out for the best interest of the client. Put simply, they only accept advisors that meet their organization’s highest standards. I am proud to now be included in those ranks.
By engaging with a NAPFA advisor, you can rest assured that you’re working with a competent professional that has a fiduciary obligation to put your needs before theirs. If you would like more information about working with an advisor or perhaps an objective opinion about your financial situation, feel free to contact me to schedule a complimentary consultation.