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Financial Advisor Standards

As a registered member of the National Association of Personal Financial Advisors (NAPFA), Lynch Financial Advisors is the only firm in this group that provides fee-only comprehensive financial planning.

  National Association of Personal Financial Advisors (NAPFA) Certified Financial Planner CPA w/ Personal Financial Specialist Chartered Financial Consultant
Compensation Fee-Only all of the time Fees and/or commissions Fees and/or commissions
(with disclosure)
Fees and/or commissions
Education Required for Admission Three credits of advanced education in each of the following: income taxes, investments, estate planning, retirement planning and risk management 10-hour, two day comprehensive exam
covering more than 100 financial
planning topics
CPA with at least 100 points earned
under the multiple entry point system,
which includes passing a financial
planning exam
Complete eight financial planning courses
Experience Required for Admission Minimum 36 months engaged primarily in the provision of comprehensive financial planning services within the last 60 months, and including the most recent 12 months With a bachelor's degree, three years working in the financial planning field. If no bachelor's degree, then
five years working in the financial planning field
Minimum of 25 points in PFP experience
within the five-year preceding
application
Three years business experience. A bachelor's or graduate degree
may qualify for one year
Peer Review Requirements Peer review of a sample comprehensive
financial plan
None stated If requested, submit references of
financial planning experience
None stated
Continuing Education Required 60 hours every two years. Includes at least five hours in each of six areas of financial planning. Each hour documented and records subject to audit 30 hours every two years. Includes at least two hours in ethics. Each hour
documented and records subject to audit
60 points in personal financial planning,
business experience and lifelong learning every 3 years
30 hours every two years


"The most selective credential is membership in NAPFA" - Newsweek April 2002

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In accordance with the Investment Advisors Act of 1940, NO information contained within this website pertains to asset management, returns on portfolio or market related financial guidance. All information included in case studies are in broad scope and do not reflect any changes in portfolio values. We do not guarantee financial returns.