3ethos CEO Don Trone published an article for Financial Planning magazine regarding the need for increased governance at CFP Board.
"The need for such an action is clear: For more than a decade, the board’s staff and directors have faced accusations from myself and others in the industry regarding conflicts of interest, self-dealing and other improper behavior. As a CFP, there’s an additional reason why you need to be concerned: Evidence of self dealing puts the board at risk of losing its IRS 501(c)(3) status. If this were to happen, the designation would be devalued and pilloried as another example of the industry’s inability to build trust."
Continue reading Don's article at Financial Planning magazine.