The Certified Financial Planner Board of Standards will hold forums for CFP mark holders and the public on the new CFP Code of Ethics and Standards of Conduct that go into effect in October 2019, the board announced Tuesday.
The forums will be held in various cities in 2018 and 2019. As part of the forums, members of CFP Board staff and the new Standards Resources Commission will give presentations on the standards and will gather feedback from CFP professionals on the kinds of resources they want to help meet the standards.
“We want all CFP professionals to have an accurate and practical understanding of the new standards by the time they become effective,” said CFP Board CEO Kevin R. Keller. “These public forums provide an opportunity to not just educate our stakeholders and the public, but also for us to learn what information they need to ensure they understand the standards.”
The Financial Planning Association (FPA) and the National Association of Personal Financial Advisors (NAPFA) will be working with the CFP Board to promote the forums. All of the public forums are free and open to the public. Those wishing to attend should register here. Specific dates, times and locations can be found on the registration page.
The general places and dates are as follows:
· Sept 25 Evening – Philadelphia
· Sept. 26 Morning – Baltimore
· Sept. 26 Evening – New York
· Sept. 27 Morning – Boston
· Dec. 5 Evening – Miami
· Dec. 6 Morning – Orlando, Fla.
· Dec. 6 Evening – Charlotte, N.C.
· Dec. 7 Morning – Atlanta
· March 2019: San Antonio, Houston, Dallas, and Kansas City, Mo.
· June 2019: San Francisco, Los Angeles, San Diego, and Phoenix
· September 2019: Chicago, Detroit, Minneapolis, and Pittsburgh
· December 2019: Denver, Seattle, and Portland, Ore.
The CFP Board’s board of directors approved the new code and standards in March. They include an expanded definition of the fiduciary standard that requires CFP professionals to act in the best interest of the client at all times when providing financial advice.