V. Raymond Ferrara, CFP® Elected 2013 Chair-Elect

News provided by

Certified Financial Planner Board of Standards, Inc.

Jul 16, 2012, 10:00 ET

Speaker and veteran financial planner chosen by peers

/PRNewswire-USNewswire/ -- Well-known speaker and financial planning pioneer, V. Raymond Ferrara, CFP® has been elected to CFP Board's Board of Directors as 2013 Chair-elect. His peers chose him for this prestigious role at its July Board of Directors meeting.

WASHINGTON, July 16, 2012 "There is no better time than now for Americans to discover financial planning and the value of using a CFP® professional to put together the pieces of their financial lives," said Ferrara. "I look forward to working with my colleagues to increase awareness of our marks and the financial planning profession, as well as to ensure that all Americans have access to ethical and competent financial advice."

Ferrara is currently president and CEO of ProVise Management Group, LLC, one of the largest financial planning firms in the country. The firm, located in Clearwater, Florida, manages more than $630 million in assets. Authoring numerous articles and often quoted by the press, Ferrara has been featured as one of the country's best financial planners in the book Secrets of the Wealth Makers and hosted the radio program, "Talking Money"™ for 10 years.Ferrara is a Board observer for National Financial Partners, Inc. and previously served on the Board of Directors for the Financial Planning Association (FPA) and the National Advisor's Trust Company (NATC).

The Board of Directors elected Ferrara at its July 11-13 meeting. He will begin his duties as Chair-elect on January 1, 2013, when Nancy Kistner, CFP® begins her term as 2013 Chair.

"Ray brings with him more than four decades of experience and know-how that we will all benefit from," said current Board of Directors Chair Alan Goldfarb, CFP®. "He has made so many contributions to our profession and I look forward to his leadership to advance the work CFP Board is doing in benefiting the public and increasing much needed awareness of financial planning and our certification."

In addition to helping to advance the profession of financial planning, Ferrara is also active in the community and has served on the Board of Directors of Eckerd Youth Alternatives, Morton Plant Mease Healthcare, BayCare Health System, University of Maryland Foundation, West Central Florida Council Boy Scouts of America and the Clearwater Regional Chamber of Commerce. Ferrara is the first-ever recipient of the Lifetime Achievement Award by the Tampa Bay FPA chapter. He lives with his wife, Kim, in Bellair, Florida.

ABOUT CFP BOARD

The mission of Certified Financial Planner Board of Standards, Inc. is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for personal financial planning. The Board of Directors, in furthering CFP Board's mission, acts on behalf of the public, CFP® professionals and other stakeholders. CFP Board owns the certification marks CFP®, Certified Financial Planner™, and the federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements. CFP Board currently authorizes more than 66,000 individuals to use these marks in the U.S.

SOURCE Certified Financial Planner Board of Standards, Inc.