A new award has been created to honor a chapter of the Financial Planning Association each year for its commitment to providing pro bono planning.
According to the FPA, the Power of Financial Planning Award is intended to recognize such work that honors the spirit of FPA’s primary aim: “To elevate the profession that transforms lives through the power of financial planning.”
Since 2011, the FPA says, the Foundation for Financial Planning has partnered with it and its nationwide network of chapters to help Americans in need find FPA volunteers who can help them improve their finances. The new award will recognize FPA chapters that go above and beyond in providing the underserved with free financial planning advice.
“FPA chapters across the country partner with nonprofits to serve some of the most financially vulnerable members of our society — victims of natural disaster, wounded veterans, domestic violence survivors, people with cancer, and many more,” Jon Dauphiné, CEO of the Foundation for Financial Planning, said in a statement.