Financial Planning Standards Board Names German Academic to Its Global Standards Committee
DENVER, CO – 31 OCTOBER 2019 – At its annual meeting in Zürich, Switzerland, last week, Financial Planning Standards Board Ltd. (FPSB), owner of the international CERTIFIED FINANCIAL PLANNER certification program outside the United States, named Professor Wolfgang Reittinger, Ph.D., CFP, to serve a four-year term on its Professional Standards Committee.
Mr. Reittinger is Program Director and Professor of Management Practice in Private Wealth Management at the Frankfurt School of Finance & Management, where he conducts research and teaches financial planning, with a specialization in private banking and wealth management. Mr. Reittinger was a founding board member of FPSB Deutschland, the organization authorized to administer CERTIFIED FINANCIAL PLANNER certification in Germany, and served for five years as the Chairman of the European Financial Planning Association’s Standards and Qualifications Committee.
Mr. Reittinger will join Committee members from Australia, Hong Kong, the Netherlands, South Africa and the U.S. who develop and maintain competency, ethics and practice standards for the global financial planning profession, with a current focus on aligning FPSB’s standards to the evolving financial landscape and emerging practice needs introduced by fintech.
“I am pleased to welcome Wolfgang Reittinger, whose deep experience in standards setting in Europe will complement the expertise of other members on FPSB’s Professional Standards Committee,” said Committee Chairperson and former Australian Securities and Investments Commission senior executive Malcolm Rodgers. “The addition of Wolfgang will support our efforts to evolve CFP certification requirements, as well as the body of knowledge and ethics and practice standards for financial advice and financial planning to better serve the global public seeking competent and ethical financial advice.”
“I look forward to contributing to the work of the FPSB Professional Standards Committee, particularly as the global financial planning community seeks to evolve its standards for a technology-enabled future,” said Wolfgang Reittinger, Ph.D., CFP. “As consumer demands and practice methods change, it’s important for the certification requirements and standards that support the financial planning profession to change, too. I’m looking forward to the challenge, and the opportunity, to shape a global profession that we can all be proud of – one in which consumers can place their trust.”
FPSB’s Professional Standards Committee works in conjunction with FPSB, FPSB Affiliate organizations, CERTIFIED FINANCIAL PLANNER professionals and subject-matter experts from around the world to create standards and certification requirements that benefit the consumers of financial planning advice globally. FPSB’s competency, ethics and professional practice standards describe what clients should expect when receiving advice from competent and ethical financial planning professionals. For more information about FPSB’s standards and CFP certification requirements, visit fpsb.org.
FPSB manages, develops and operates certification, education and related programs to benefit the global community by establishing, upholding and promoting worldwide professional standards in financial planning. FPSB demonstrates its commitment to excellence with the marks of professional distinction – CFP, CERTIFIED FINANCIAL PLANNER and CFP Logo Mark – which it owns outside the United States. FPSB Ltd. and the FPSB global network administer CFP and other certification programs in the following 27 territories: Australia, Austria, Brazil, Canada, Chinese Taipei, Colombia, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Japan, Malaysia, the Netherlands, New Zealand, People’s Republic of China, Peru, Republic of Korea, Singapore, South Africa, Switzerland, Thailand, Turkey, the United Kingdom and the United States. At the end of 2018, there were 181,360 CFP professionals worldwide. For more, visit fpsb.org.
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