Get Involved
Many of you have asked how you can help the Financial Planning Coalition protect American consumers. We've created a sample letter to Congress and encourage NAPFA members to support the Coalition's grassroots efforts.
Financial Planning Coalition Message Points
Below are some simple message points you can use in conversations with your Representative and local media outlets to convey your support for establishing financial planning as a recognized and regulated profession, with meaningful competency, practice, and ethics standards:
Below are some simple message points you can use in conversations with your Representative and local media outlets to convey your support for establishing financial planning as a recognized and regulated profession, with meaningful competency, practice, and ethics standards:
- Financial planners—who advise individuals and families across a broad range of personal finance topics—are unregulated as a profession.
- The patchwork of regulation covering financial planners has left gaps that allow anyone to call themselves a financial planner or advisor without meeting appropriate competency, practice and ethics standards..
- This has resulted in consumer confusion, misrepresentation, and fraud. [Share personal experience advising a client who was misled by a financial agent who was not working in the client’s best interests.].
- Holding financial planners and advisors to basic competency levels and a fiduciary standard is a key component to restoring consumer confidence. .
Encourage your clients to contact their Representative in Congress concerning financial services reform. There's a consumer oriented sample letter on the Financial Planning Coalition website that makes it easy to get involved..
Advisors contacting the Media
There's one more important thing you can do. Send a Letter to the Editor to your local newspaper. Letters to the Editor show your representative that you are paying attention to their votes in Congress and are also an effective way to get the word out to your local community.
Comments and questions about the Financial Planning Coalition can be directed to:
NAPFA Contact
Karen Nystrom
Public Policy and Advocacy
847.483.5400 ext. 131
nystromk@napfa.org
Media Support
Benjamin Lewis
Communications & Marketing Manager
301.963.7555
Ben@bdlpr.com
