Local Financial Advisor Joins Leading Association of Fee Only Financial Planners

HARTFORD, Conn. - Jan. 13, 2016 - PRLog -- CHICAGO, IL – Timothy Baker, CFP® Founder & CEO of WealthShape in Manchester, CT has been accepted for membership in the NATIONAL ASSOCIATION OF PERSONAL FINANCIAL ADVISORS (NAPFA). With membership, Baker becomes affiliated with an organization of more than 2,500 of the most‐qualified financial advisors in the nation who deliver objective, Fee‐Only advice.

Membership in NAPFA and the NAPFA‐Registered Financial Advisor designation are available only to Fee‐Only financial advisors who meet NAPFA’s stringent membership qualifications. Those standards require advisors to receive compensation only directly from their clients, to act in clients’ fiduciary interests at all times, and to provide comprehensive planning services. In addition, NAPFA has some of the profession’s most rigorous education and professional development requirements. All candidates for membership are required to submit a complete comprehensive financial plan for a full‐scale peer review. Furthermore, NAPFA’s continuing education requirements exceed those of any other association of financial advisors.

“I congratulate Timothy for demonstrating his dedication to provide effective, transparent, client‐centered services by upholding the high standards that NAPFA sets for all its members,” said NAPFA Chair Frank Moore.

In contrast to most financial professionals, NAPFA members receive no commissions or other rewards for selling financial products. Those forms of compensation create potential conflicts of interest that may serve to undermine an advisor’s objectivity and fiduciary responsibility. It is for this reason that all NAPFA members must sign the Fiduciary Oath that explicitly promises to “to place the clients’ interests first.”

Mr. Frank Moore continued: “NAPFA members offer what today’s consumers want, an advisor that provides comprehensive financial planning advice in their best interest with transparency of the costs. We welcome Timothy to our ranks and look forward to his contributions to our organization.”

For more information about Fee‐Only financial planning and investment management, visit www.WealthShape.com or call (860) 837-0303.

ABOUT NAPFA

Since 1983, The National Association of Personal Financial Advisors (NAPFA) has provided Fee‐Only financial planners across the country with some of the strictest guidelines possible for professional competency, comprehensive financial planning, and Fee‐Only compensation. With more than 2,500 members across the country, NAPFA has become the leading professional association in the United States dedicated to the advancement of Fee‐Only financial planning. For more information on NAPFA, please visit www.napfa.org.