CFP Board Is on Its Way to Washington

Feeling an urgency to assert itself more strongly among policymakers and regulators, the CFP Board is moving its business operations from Denver to Washington, D.C. The shift comes at a time when policymakers and regulators in Washington are debating myriad issues that affect consumers–particularly retirement and federal government-run financial literacy programs–says Karen Schaeffer, chair of the CFP Board’s Board of Directors, and the Board “would like to participate in those conversations.”

Having a foothold in Washington will enable the Board to more effectively fulfill its mission of providing the public with the most competent and ethical financial planning advice available, Schaeffer says, and also ensure the future success of the organization.