City to Host Free Financial Planning Day

Area Financial Planners Will Offer Free Advice on Budgeting, Retirement Planning, Income Taxes, Investment Strategies and More

Friday, September 30, 2011

​Residents of Virginia Beach and surrounding cities can get free financial planning advice and guidance from professional financial planners at Virginia Beach Financial Planning Day.  The event will be held Oct. 22 at the Virginia Beach Convention Center and will feature experts from the Financial Planning Association and highly-qualified Certified Financial Planner   professionals, all volunteering their time and expertise.

Financial planners will meet one-on-one with attendees to answer questions about getting out of debt, retirement planning, investment strategies, income taxes, insurance, mortgages and foreclosures, among many other topics.  The advice will be offered on a “no-strings-attached” basis and planners will not give out business cards or sell financial products or services.

The event will feature Elizabeth A. “Betsy” Duke, member of the Federal Reserve Board of Governors, as the keynote speaker. It will also offer a series of classroom-style educational workshops addressing key personal finance topics, including: Managing Money in Hard Times: Financially Surviving a Job Loss; Real World Retirement Planning; and Taking Control: A Financial Planning Starter Kit.

To Participate:  Events will run from 9 a.m. to 3 p.m.  Free parking is available.  For assistance with transportation, call 385-0650.  Free online registration is available at http://bit.ly/oAsl9F or by calling toll-free 1-(877) 861-7826. Walk-ins are also welcome.

 

Virginia Beach Financial Planning Day is organized by the City of Virginia Beach in partnership with the Financial Planning Association of Hampton Roads as part of a national Financial Planning Days initiative created by Certified Financial Planner Board of Standards, Financial Planning Association, Foundation for Financial Planning and the U.S. Conference of Mayors.  The collaboration is a first-of-its kind effort involving city governments and thousands of financial planners nationwide united in an effort to provide free financial education and programming to communities throughout the United States.

 

About CFP Board

The mission of Certified Financial Planner Board of Standards® (CFP Board) 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® certificants and other stakeholders. CFP Board owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and 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 62,000 individuals to use these marks in the United States. For more about CFP Board, visit www.CFP.net or call 1-(800) 487-1497.

 

About FPA

The Financial Planning Association® (FPA®) is the leadership and advocacy organization connecting those who need, support and deliver professional financial planning. FPA is the largest membership organization for personal financial planning experts in the U.S. and includes professionals from all backgrounds and business models. FPA members adhere to the highest standards of professional competence, ethical conduct and clear, complete disclosure to those they serve. Based in Denver, Colo., FPA works in alliance with academic leaders, legislative and regulatory bodies, financial services firms and consumer interest organizations. For more information about FPA, visit www.FPAnet.org or call 1-(800) 322-4237.

 

About Foundation for Financial Planning

The mission of the Foundation for Financial Planning is to help people take control of their financial lives by connecting the financial planning community with people in need.  The Foundation funds programs that provide pro bono financial planning, and connect volunteers through the involvement of the financial planning and services community.  The Foundation strives to help people who are underserved by the market, in need of financial guidance, or in a financial crisis. The Foundation aims to improve the lives of all Americans through access to pro bono financial planning and financial life skills education to provide those at all socio-economic levels with the knowledge to control their financial lives and opportunities to obtain unbiased financial advice in time of crisis and disaster. For more information about the Foundation for Financial Planning, visit www.foundation-finplan.org.

 

About The U.S. Conference of Mayors

The U.S. Conference of Mayors is the official nonpartisan organization of cities with populations of 30,000 or more. There are 1,204 such cities in the country today. Each city is represented in the Conference by its chief elected official, the mayor. More information about the Conference is available at www.usmayors.org.

 

About The City of Virginia Beach

In October 2010, Mayor William D. Sessoms, Jr. signed the National League of Cities Mayors’ Action Challenge for Children and Families.  The Department of Human Services is the lead agency on strategies to improve the financial capability of families.

 

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