Close Close

Financial Planning > Behavioral Finance

Planners Reach Out

Your article was successfully shared with the contacts you provided.

The tragedies of September 11 sent hundreds of families and companies into financial upheaval, and struggling to get back to business as usual.

In response, the Financial Planning Association set up a hotline offering financial planning support for 9/11 victims. Since its launch last October, the hotline has helped more than 200 “clients” connect with planners in their area–but the FPA isn’t finished.

On May 8, the FPA, in cooperation with the Henry Street Settlement in lower Manhattan, will host a free seminar offering pro bono financial planning to city residents affected by the terror attacks.

“This is the first in a series of seminars,” says Clara Lipson, program director of the FPA’s National Financial Planning Support Center in the New York metro area. “There is an awareness and understanding of budgeting, credit management, and future planning that needs to evolve here.”

People are in a period of adjustment and there is a need for financial planning, adds Chris Koenig of the Henry Street Settlement. “They may have been traumatized but in the meantime bills are piling up.”

Attendees will have the opportunity to sit one-on-one with volunteer planners and hopefully begin a long-term relationship. This is a full financial planning relationship and not just a quick fix, says Judy Volkmann, director of pro bono activities for FPA New York. “Our intention is to offer a year of free advice and address all the traditional financial planning areas.”

To learn more about this and upcoming FPA seminars, visit