Group Think

? MD Preferred Service Network, an online physician resource center, is working with NAPFA to launch the MD Preferred Financial Advisor Network, a program that will offer more than 831,000 physicians access to fee-only financial advisors. NAPFA members who participate in the program will be allowed to display the MD Preferred Financial Advisor Medallion on their Web sites and all other marketing materials. While attendance was down slightly at NAPFA’s annual meeting that began June 4–to 775, including 525 members and 250 exhibitors–NAPFA execs say the trade group is still experiencing about a 12% growth rate each year. One issue that’s front and center at NAPFA is its role as a member of the Financial Planning Coalition, which also includes the Financial Planning Association (FPA) and CFP Board.

? The CFP Board of Standards announced that 52.3% of the 2,063 individuals who sat for the March CFP certification examination passed.