The Financial Planning Association is launching the FPA Cornerstone Partner Program to work more closely with financial industry firms in research, education and community-building programs, FPA announced Tuesday.
The first Cornerstone Partner is Vanguard.
Vanguard and FPA will undertake a multi-year program to help strengthen local chapters and build local communities to help financial advisors learn from each other.
“Through our expanded relationship with FPA, Vanguard will further support the financial planning community through our expansive research, industry experts and content,” says Jack Brod, Vanguard head of Registered Investment Advisors.
“Over the years, the support of corporate partners has enabled FPA to enhance the body of knowledge that drives the financial planning profession, while directly impacting the bottom lines of our members. But these partnerships have been somewhat transactional and tactically focused. The Cornerstone Partner program is a more thoughtful, strategic approach to our alignment with corporate partners,” says Lauren Schadle, executive director and CEO for FPA.
In the next few weeks, FPA and Vanguard will decide on specific programs to undertake, FPA says.