Lassus named chairwoman of NAPFA

Diahann Lassus of New Providence, N.J will replace Tom Orecchio, whose one-year term concludes on Sept. 1.

The National Association of Personal Financial Planners’ board has elected Diahann Lassus as its new chairwoman.
The announcement was made today at NAPFA’s national conference in Long Beach, Calif.
Ms. Lassus will replace Tom Orecchio, whose one-year term concludes on Sept. 1.
She is the chairwoman of the industry issues committee of NAPFA of Arlington Heights, Ill., and also serves as president of Lassus Wherley & Associates PC, an investment advisory firm in New Providence, N.J., that manages about $340 million in assets.
“[Ms. Lassus] brings a lot of wisdom and experience to the position, and I’m sure NAPFA will be better off because of it,” said Mr. Orecchio, who is also a principal at Greenbaum and Orecchio Inc., an Old Tappan, N.J.-based fee-only wealth management firm that manages $450 million in assets.
Ms. Lassus said the organization plans to focus on professional responsibility for advisers and emphasize concerns about protections for consumers.
She also noted that the organization will focus on providing a “high level” of education to its 2,008 members, and plans to schedule specialty conferences that will focus on investments and practice management.
“We need to provide opportunities so advisers and be more successful and better informed,” said Ms. Lassus.
“We have to continue to listen to our members and make sure that we are meeting their needs and are helping them grow their business and delivering services to consumers that need them.”