Over the years, FPA and many in the profession have exhibited a commitment to be a voice for financial planners, financial planning, and the millions of consumers who depend on the prudent advice only qualified financial planners can provide. That commitment ensures policymakers and lawmakers who have the power to influence the trajectory of the profession hear our perspective as they propose laws and promulgate rules.
That’s why the FPA Political Action Committee (FPA PAC) is so critical. The FPA PAC…
- provides us with an all-important seat at the table, as federal lawmakers—regardless of political party—consider policies that impact the financial planning profession and the consumers of financial services.
- allows us to forge relationships with federal lawmakers and their staffs, resulting in greater collaboration and recognition of the issues for which we are advocating.
- provides an opportunity to tell the financial planning story and educate federal lawmakers about the profession, our positions on key policies and the importance of a fiduciary standard of care.
Through the generosity of the financial planning community, the FPA PAC has nearly doubled its financial contributions over the past four years to both Republican and Democrat federal lawmakers. Those contributions have allowed us to meet, build relationships and engage in discussions with Members of Congress and the U.S. Senate, including leaders of the Capital Markets Committee, House Financial Services Committee, Senate Banking Committee, and House Ways and Means Committee.
Connecting with those lawmakers and their legislative staffs have enabled us to advocate for policies that safeguard the profession and investors, including measures to protect seniors from financial exploitation, commonsense regulation of financial services, and an unambiguous fiduciary standard of care.