Building Homes for Heroes
Since 2014, NAPFA has been in partnership with Building Homes for Heroes offering an exclusive pro-bono advising opportunity for NAPFA members to make a difference for disabled veterans and their families.
Through this partnership, NAPFA members provide one-on-one pro-bono financial planning to disabled veterans who recently were gifted a home from Building Homes for Heroes. Many recipients are first-time homeowners and need a financial plan to ensure they can afford to maintain the property and pay the property taxes. The Pro bono advisor meets with the veteran monthly or bi-monthly for up to two years either in-person, phone or virtually depending on proximity.
The impact of a veteran and NAPFA advisor pairing is inspiring for both, as we see with Army Sergeant Jorge Sepulveda and NAPFA member, Holly Donaldson, CFP®:
“We veterans need help. It’s so important to get the financial guidance that a financial advisor can provide us. Holly challenged us to improve ourselves, to save money, and to make smart and savvy financial decisions. Building Homes for Heroes and the NAPFA Foundation are life changers.“
– Army Sergeant Jorge Sepulveda, Building Homes for Heroes recipient
“My basic ability to coach Mr. Sepulveda through saving, spending and now investing is all they really needed to give them confidence. The fact that I played a little part in that is very satisfying.”
– Holly Donaldson, CFP® NAPFA Member
There is a constant need for NAPFA planners to pair with veterans. Meetings with veterans are often virtual by phone or via teleconferencing using Zoom, FaceTime, Skype, etc. so your location is not consequential.
2019 Impact with Building Homes for Heroes
- 59 veterans received pro-bono financial advice
- 54 NAPFA CFP® financial planners volunteered
- 163 total meetings occurred between veteran and advisor
- 150 total hours of pro bono financial advice was received by the veterans
- $33,750 in equivalent service was given estimated at a rate of $225/hour
Watch a brief video of a Chicago-area Veteran receiving a mortgage-free home through Building Homes for Heroes.
Pro-Bono Advising Resources
Those less fortunate mostly need assistance with: Debt management, Credit, Credit Score, Savings, Budgeting, building trust and overcoming emotional roadblocks.
The Pro-bono consumer and military resource pages below provide links to webinars, worksheets, intake forms, etc. to aid in your pro-bono advising: