The National Association of Personal Financial Advisors (NAPFA) announced Tuesday that the professional group for fee-only planners elected Linda Leitz to the position of national chairwoman on Jan. 31, and that she will serve as chairwoman-elect starting immediately until her term begins on Sept. 1.
Elected by NAPFA’s National Board of Directors to the chairmanship, Leitz (left) is the founder and co-owner of fee-only financial planning firm It’s Not Just Money Inc., in Colorado Springs, Colo. She is a certified financial planner, a certified divorce financial analyst and is enrolled to practice before the Internal Revenue Service as an enrolled agent.
A 24-year veteran of the financial services industry, Leitz also has experience as a state bank examiner, a banker, a branch manager and an investment registered representative.
“NAPFA serves a visionary role in the financial industry by cultivating cutting-edge educational opportunities, leading the way for ethical and membership standards and providing a home for fee-only planners who put their clients’ needs first,” Leitz said in a statement. “NAPFA’s ability to change and grow as our industry becomes more RIA focused is a charge anyone would be proud to help lead, and I look forward to serving our members and the interests of the public.”
NAPFA has seen a number of changes up top over the last year. Lauren Locker filled the position of national chairwoman after Ron Rhoades stepped down voluntarily from the position after committing a compliance violation. Separately, NAPFA CEO Ellen Turf announced in November that she will retire this Aug. 31 after more than 20 years of working for NAPFA in various positions.
“Initiating the process of selecting a new NAPFA chair earlier in the planning cycle will afford us added continuity of leadership this year, which will be particularly important as we bring a new CEO on board later in 2013,” Locker said in a statement. “This timing shift should also serve us well going forward, as we work through long-range goals and lay out multiyear organizational objectives in pursuit of realizing our stated ‘grand goal’ of becoming ‘the recognized and unquestioned leader in supporting the professional growth and business development of extraordinary financial advisors.’”
In addition to her work on the NAPFA National Board of Directors, Leitz was on the board of NAPFA’s West Region and has served on and chaired conference planning committees. Leitz, who has a degree in business administration from Principia College and an MBA from Southern Methodist University, is currently pursuing a Ph.D. in the personal financial planning program at Kansas State University.
Read NAPFA to Advisors: CFP Designation or Bust at AdvisorOne.