Experienced finance professional Henry Vail II runs Sucre-Vail Wealth Advisors, an independent investment advisory firm in Houston, Texas. Outside of this office, Henry E. Vail works with high-net-worth families and physicians in certain financial planning practice areas such as asset protection, succession planning, wealth transfer strategies, and family education and governance. Henry Vail II maintains his Financial Planning Association (FPA) membership.
FPA is a membership organization representing certified planning professionals. This year, FPA is pursuing its main advocacy: protection of the title “financial planner.”
The FPA will pursue the legal recognition of financial planners. Unlike other professions, such as lawyers and doctors, who are recognized by a state or federal statute, financial planners are not recognized by any law. Consequently, anyone may use the title “financial planner” even without meeting certain standards.
FPA is holding a series of events in the first half of the year to engage all stakeholders in this advocacy. In a statement, FPA president James Lee said that a protected title would enable the public to identify and engage only with qualified financial planners. Also, a protected title will distinguish financial planners from other allied professionals who leverage the “financial planner” title.
Henry Vail II's WordPress Blog 