FPSB focuses on long-term strategy, growth, governance and standards at Istanbul meeting

Financial Planning Standards Board (FPSB), the global nonprofit standards-setting body for the financial planning profession and owner of the international Certified Financial Planner certification program, kicked off its 10th anniversary year by advancing its long-term strategic initiatives at its semi-annual meeting earlier this month in Istanbul, Turkey.

In addition to a governance review to support FPSB strategy and operations for the next 10-20 years, FPSB’s Board of Directors, member organization leaders and invited guests discussed: FPSB’s progress on strategic priorities for 2014; broadening FPSB’s research agenda to include public attitudes toward financial planning; a network-wide strategy to increase public awareness of CFP certification; how to engage financial services firms using data from the global FPSB/Comparator Firm Research; updating and revising global requirements and standards for CFP certification; and territory updates, including a review of regulatory and other changes impacting the professional financial advice space.

“At our meeting in Sydney last October, we reaffirmed our commitment to FPSB’s long-term strategy and outlined a picture of success through 2016 to drive our efforts,” said Steve Helmich, FPSB Board Chairperson. “I remain impressed with the momentum and commitment of FPSB’s Board, member organizations and strategic partners in tackling the complex issues required for us to successfully lead the financial planning profession and ensure that the public has control of their financial lives through access to competent and ethical financial planners.”

After its semi-annual meeting, FPSB partnered with The Association of Capital Market Intermediary Institutions of Turkey (TSPAKB) to introduce financial planning and CFP certification to the Turkish market at a seminar. Attendees heard from TSPAKB Chairman Attila Koksal, FPSB Board Chairperson Steve Helmich, FPSB CEO Noel Maye and FPSB Directors Tim Kochis, CFP, and Sanjay Sachdev, CFP, on FPSB, the international CFP certification program, and the opportunities to establish financial planning as a profession in Turkey.

“Turkey is one of FPSB’s priority markets to establish a CFP certification program and support the development of financial planning as a profession,” said Noel Maye, FPSB CEO. “FPSB is pleased to have partnered with TSPAKB to showcase the value of CFP certification and financial planning to financial services professionals in Istanbul, and we look forward to introducing our program to this market soon.”