Local Financial Advisor Joins Leading Association of Fee-Only Financial Planners: Todd W. Minear of Open Road Wealth Management, LLC accepted for Membership in the National Association of Personal Financial Advisors (NAPFA)
CHICAGO, IL – Todd W. Minear of Open Road Wealth Management, LLC in Kansas City, MO has been accepted for membership in the NATIONAL ASSOCIATION OF PERSONAL FINANCIAL ADVISORS (NAPFA). With membership, Minear becomes affiliated with an organization of more than 2,700 of the most-qualified financial advisors in the nation who deliver independent and objective, Fee-Only advice.
For Immediate Release
Date: March 28, 2017
Open Road Wealth Management, LLC
Todd Minear, CFP©, MBA
Only Fee-Only financial advisors, who meet NAPFA’s stringent membership qualifications, are eligible to become NAPFA-Registered Financial Advisors. Those standards require advisors to only receive compensation directly from their clients, to act in clients’ best interests at all times, and to provide comprehensive planning services. in addition, NAPFA has some of the profession’s most rigorous education and professional development requirements. All candidates for membership are required to submit a complete comprehensive financial plan for a full-scale peer review or participate in a peer-review interview discussing the advisor’s approach to comprehensive financial planning. Furthermore, NAPFA’s continuing education requirements exceed those of any other association of financial advisors.
“I congratulate Todd for demonstrating his dedication to provide effective, transparent, client-centered services by upholding the high standards that NAPFA sets for all its members,” said NAPFA Chair Tim Kober.
In contrast to most financial professionals, NAPFA members receive no commissions or other rewards for selling financial products. Those forms of compensation create potential conflicts of interest that may serve to undermine an advisor’s objectivity and fiduciary responsibility. It is for this reason that all NAPFA members must sign the Fiduciary Oath that explicitly promises “to place the clients’ interests first.”
Mr. Kober continued: “NAPFA members offer what today’s consumers want, an advisor that provides comprehensive financial planning advice in their best interest with cost transparency. We welcome Todd to our ranks and look forward to his contributions to our organization.”
Since 1983, The National Association of Personal Financial Advisors (NAPFA) has provided Fee-Only financial planners across the country with some of the strictest guidelines possible for professional competency, comprehensive financial planning, and Fee-Only compensation. With more than 2,700 members across the country, NAPFA has become the leading professional association in the United States dedicated to the advancement of Fee-Only financial planning.
For more information on NAPFA, please visit www.napfa.org.
If you find this post valuable, why not share the wealth?
We love to help people follow the Open Road to financial success through education, planning, and investing.
Let's discuss this...