Financial Planning Standards Board Names New Members to Its 2020 Governing Body
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 the following two individuals to each serve four-year terms on its Board of Directors starting 1 April 2020:
- Jeff Farrar, CFP (United States)
- Adam Samuel (United Kingdom)
“FPSB’s new board members bring a public-interest perspective, expertise in compliance and regulatory affairs, and experience in the international business arena that will help guide FPSB’s strategy for the next several years,” said Gerhardt Meyer, CFP, FPSB Board Chairperson. “Jeff and Adam’s skills will complement those of existing FPSB board members, strengthening FPSB’s ability to promote and grow our program to achieve our goal of 250,000 CFP professionals in 40 territories by 2025.”
Prior to co-founding Procyon Partners – an independent, employee-owned financial advisory firm based in Shelton, Connecticut, and New York City – in 2017, Jeff Farrar, CFP, worked at UBS, serving as a Senior Portfolio Manager, Wealth Advisor, Institutional Consultant and Senior Retirement Plan Consultant. Before UBS, he worked at Merrill Lynch as both an advisor and a resident director overseeing an office of advisors. A decorated veteran, Jeff served for 20 years in the US Coast Guard, first on active duty, and later in the Coast Guard Reserves. Jeff was previously a member of the Board of Directors for CFP Board, FPSB’s US Affiliate, and a past President of the Financial Planning Association’s Fairfield County Chapter.
“I applaud the growth and success FPSB has seen since its formation in 2004, with CFP and other certification programs in 27 territories, and over 181,000 CFP professionals around the world,” said Farrar. “Having worked in an international financial services firm and governed the US CFP certification program, I look forward to bringing my experience to bear on FPSB’s efforts to grow global public awareness of the financial planning profession and CFP certification program.”
Adam Samuel is a London-based lawyer, arbitrator and financial services compliance consultant who advises businesses, law firms and regulators on financial services regulation and practice. Over the course of his career, Adam has served as an independent panelist/advisor on disciplinary cases and a member of the Ethics Committee for the Institute of Financial Planning (which merged into FPSB’s current UK Affiliate, the Chartered Institute for Securities & Investment); a member of the Practice and Standards Committee and Arbitration Sub-Committee of the Chartered Institute of Arbitrators; and an ad hoc member of the Exam Committee for the UK-based Chartered Insurance Institute. Prior to starting his business, Adam Samuel Training and Consultancy, in 1996, Adam’s positions included Personal Investment Authority Second Ombudsman and Staff Lawyer at the Swiss Institute of Comparative Law, where he was responsible for the English-speaking world. Adam is a dual member of the New York Bar and the Bar of England and Wales, and a visiting lecturer on international arbitration at the University of Westminster in the UK.
“FPSB and the global financial planning community are doing a tremendous job setting rigorous competency, ethics and practice standards that will support public acceptance of financial planning as a profession around the world,” said Samuel. “I look forward to applying my international compliance, regulatory and standards-setting knowledge to support FPSB in setting standards of excellence for financial planning worldwide.”
Farrar and Samuel will join six other volunteers on the FPSB Board of Directors from Bahrain, Brazil, the Netherlands, Singapore, South Africa and the United States. More information about the FPSB Board of Directors can be found at https://www.fpsb.org/about/board-of-directors/.
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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