FPA, NAPFA Evolve Alongside Pandemic, Online Competition With the rise of remote meetings, social media and online communities, do professionally managed industry associations like FPA and NAPFA have a future? The numbers are mixed.
Advisors grappling with the coronavirus pandemic have changed how they relate not just to their clients but to each other as well.
Advisors in independent practices, much like doctors and lawyers, have always worked in some degree of professional isolation, even before COVID-19 put an end to in-person gatherings of like-minded peers. Many advisors join professional communities or organizations to find peer support, advice on running their practices and the latest professional developments.