Members of the Financial Planning Association who hold the certified financial planner designation helped 7,839 individuals on a pro bono basis last year, up 7% from 2019, according to the FPA.
In 2020, nearly 50 of FPA's chapters and more than 1,000 of its members delivered 14,750 hours of pro bono financial advice, the FPA said. When combining the one-on-one engagement numbers with the numbers of individuals participating in a variety of additional pro bono programs, a cumulative total of 11,637 underserved and at-risk individuals and families received support, the group said in a release.
The association said members and chapters responded to the COVID-19 crisis by adapting to the changed circumstances and offering a variety of virtual events and online venues to seek advice.
Canadian stocks are on a roll in 2025 as the country prepares to name a new Prime Minister.
Two C-level leaders reveal the new time-saving tools they've implemented and what advisors are doing with their newly freed-up hours.
The RIA led by Merrill Lynch veteran John Thiel is helping its advisors take part in the growing trend toward fee-based annuities.
Driven by robust transaction activity amid market turbulence and increased focus on billion-dollar plus targets, Echelon Partners expects another all-time high in 2025.
The looming threat of federal funding cuts to state and local governments has lawmakers weighing a levy that was phased out in 1981.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
