The FPA Board​ of Directors is responsible for setting the vision and strategic direction for the Financial Planning Association.

Using FPA's core beliefs as the key filters for making decisions in a fiduciary capacity on behalf of members and constituents, Board members must think strategically, engage in open dialogue, and work collaboratively. Board members (excluding the president-elect, president, and past president) are elected to an initial three-year term, based on the calendar year. Those who are elected to the Executive Committee serve an additional three years, one year each as president-elect, pre​sident, and past president, in that order.