NAPFA

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The National Association of Personal Financial Advisors (NAPFA) is a professional association of Fee-Only financial advisors who are dedicated to operating in the best interest of clients. NAPFA is known for having rigorous education and training requirements, Fee-Only compensation, and client-focused financial planning. To learn more, go to www.napfa.org.

Importance of Using NAPFA Financial Advisors         

Choosing a financial advisor can be difficult, especially if you are new to working with financial advisory services. There are many options available when it comes to financial advisors. NAPFA registration is one way to distinguish advisors.

NAPFA-registered advisors are dedicated to looking out for the best interest of the client. NAPFA only accepts financial advisors who meet its established standards. Some of these standards for financial advisors include:

• Provide independent, objective, fee-only financial advice.
• Must complete 60 hours of CE training in six core subject areas every two years.
• May not receive commissions, fees, bonuses, rebates, or other types of compensation from recommendations to clients. May not own or work for a firm that receives these payments.
• Comply with NAPFA ethics standards and industry regulations, federal and state statutes, rules and regulations.

Investors are learning more about the benefits of objective financial advice. Independent financial advisors who are NAPFA members can demonstrate to potential clients that they can offer the fiduciary standard of care. 

For more information about how our NAPFA financial advisors in Minneapolis, MN can serve your financial planning needs, give us a call today at 612.230.3700 or reach us through our contact form.