David M. King and Wade D. Pfau have won two of the FPA's top awards, to be presented at the organization's annual conference beginning this week.

The FPA awarded King its 2012 P. Kemp Fain Jr. Award for his visionary devotion to the development of the financial planning movement as an established profession. As first chair of the International Board of Standards and Practices for Certified Financial Planners Inc. (now CFP Board), he was a successful advocate for a strong, enforceable code of ethics for CFP professionals.

Pfau is the first recipient of the Montgomery-Warschauer Award, given by the editors of the Journal of Financial Planning to honor the paper that provided the most outstanding contribution for the betterment of the Journal's readership in the preceding year. Pfau was selected for the award because of his paper, "Safe Savings Rates: A New Approach to Retirement Planning over the Life Cycle," published in May 2011 and one of three of his papers published by The Journal that year.

In addition, 10 people who have shown exceptional leadership in the field of financial planning are being honored with the Heart of Financial Planning Award. The award recognizes individual professionals, financial planning firms, FPA chapters or organizations that contribute to the financial planning community and the public. Recipients represent FPA's core values of competence, integrity, relationships and stewardship. The following recipients are being honored this year:

Jon Beyrer, vice president for wealth management at Blankinship & Foster LLC, for his work as director of FPA of San Diego, where he has been a key founder of its student chapter and assisted in the development of the annual Financial Literacy and Career Fair events. Beyrer is committed to helping underserved individuals with his personal financial skills and education in his community.

Reed Fraasa, president of Highland Financial Advisors LLC in New Jersey, for his ability to bring leaders and committees together to achieve the overall goals of his FPA chapter. He is a former leader of two key FPA national chapter leadership groups, and continues to volunteer by conducting seminars and leading meetings on management and organization techniques that enhance FPA chapter operations.

Omega Hartman, founder and principal of Omega Financial Management, New Jersey, for her strong vision to develop financial literacy and pro bono programs locally. She has led school projects, military programs and Newark/Elizabeth Financial Planning Days to great success.

Anja Luesink, president of Luesink Financial Planning LLC, for her instrumental role in FPA of New York's career development committee; she currently chairs the chapter's pro bono program. Her contributions include developing a mentor program and teaching a CFP Exam Review class for FPA of New York.

Ruth Lytton for her work with the financial planning program at Virginia Tech University, where she provides student services and instructs a variety of undergraduate courses. She also serves as the university's director for the Certified Financial Planner Board of Standards registered program and has served several volunteer roles for FPA, including her current service on the Academic Advisory Council. She has accompanied student volunteers to FPA's annual conference for over a decade.

Kathy Muldoon, senior vice president of Carter Financial Management in Fort Worth, Texas, for her work developing high standards for clients, colleagues and organizations. Muldoon also mentors fellow professionals and students to help them acquire and hone the necessary skills to achieve career goals. Muldoon's character has been described by colleagues as a combination of grace, dignity and wisdom.

John R. (Dick) Power, a retired Army colonel, for his many years assisting men and women serving in the U.S. military in Massachusetts. Through Power's leadership, FPA of Massachusetts has developed a pro bono program, FPAMA Military Initiative, which trains volunteers to provide financial coaching, including assistance with tax returns, to military members and their families.

Neal J. Solomon, managing director and CCO at WealthPro LLC in New York, for serving as the key organizer of a 2008 FPA/People to People trip that brought American FPA member financial planning professionals to Russia. Solomon, who is also the CFO at Hearing Care Resources LLC, works daily with middle-income Americans to help them understand the complex issues of their finances and to guide them to financial independence.

Richard E. Vodra, founder of Worldview Two Planning, for his extensive work over the year that has led to key developments linking behavioral finance to the practice of financial planning. Vodra is considered an industry-leading speaker on these topics, which have advanced both client and professional awareness of important factors that influence financial planning issues. He is also a founding member of the Nazrudin Project, a free-form think tank composed of some of the top minds in financial planning.

David Yeske, managing director at Yeske Buie in San Francisco, for being an experienced educator who has taught almost every course offered in the financial planning program at Golden Gate University, where he is an adjunct professor in its school of business. His knowledge and teaching spans a generation of planners who have used his instruction and mentoring to polish their technical expertise.

The FPA's annual conference, FPA Experience 2012, will be held in San Antonio Sept. 29 to Oct. 2.