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.
Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.
Whichever path you go down, act now while you're still in control.
Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.
“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.
Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.
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