Michael Branham, a financial planner at Cornerstone Wealth Advisors Inc. in Edina, Minn., has been named 2012 president-elect of the Financial Planning Association.

Branham has served on the FPA's board of directors since 2009 and has chaired its professional issues and financial integration committees.

He held leadership positions with FPA NexGen, a national organization of young financial planners, including being president in 2008. He also has served on the FPA of Minnesota's board and led its career development and member services committees.

Branham specializes in retirement planning, income tax, cash flow and estate planning, and is involved in developing the firm's investment portfolio strategies.