FPA to Launch Independent Organization for Broker/Dealers: The Financial Planning Association Board of Directors and the FPA’s Broker/Dealer Advisory Council have agreed to launch an independent organization to serve the needs of broker/dealer and registered investment advisor firms that serve independent contractor representatives.
“After more than a year of conversations and analysis, the FPA Board realized the association’s broker/dealer program cannot adequately serve the specific and complex needs of independent contractor broker/dealers,” FPA president David Yeske said. He noted that the group still welcomes firms that want to be institutional members and their reps who want to be individual members.
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