Truly Comprehensive, Strictly Fee-Only
Search 
 

History of NAPFA

Since 1983, consumers across the country have looked to the National Association of Personal Financial Advisors (NAPFA) for access to financial professionals who meet the highest membership standards possible for professional competency, comprehensive financial planning, and Fee-Only compensation. 

It all began at a Society of Independent Financial Advisors meeting in 1982 in Atlanta where the experienced Fee-Only practitioners in attendance recognized that each had begun to receive numerous requests from prospective planners desiring to start their own firms.  These same planners were avid believers in their Fee-Only mission – to provide independent financial advice that’s not clouded by compensation based on the purchase or sale of a financial product.  Excited to set a new course for the industry, the planners established a new level of professional standards and began to build a reputation for excellence.  In February 1983, the Fee-Only practitioners called another meeting in Atlanta, inviting anyone interested in starting a Fee-Only financial planning practice. More than 125 people attended that meeting and NAPFA was born.

Since then, NAPFA has expanded its original expectations and standards, attracting approximately 1,000 NAPFA-Registered Financial Advisors and several hundred Student, Academic and Financial Services Affiliates nationwide.  The continued presence of NAPFA in the media and the public provides for the promise of further growth in the years to come.