Groundwork was laid for a true profession: industry gained cachet, adherents. (Financial Planning).

Investment News, January, 2003 by Miller, Rick

Financial planners just want a little respect. Changes in the financial planning industry during the past five years have set it on course to becoming a recognized profession on par with certified public accountants and lawyers. Practitioners many of them united behind a single designation, have moved away from commissions and toward asset-based fees and they now speak with one voice through a dominant trade association.

They expect financial planning over the next five years to get closer to the goal of becoming a true profession. "The last five years have been a great platform-stage-setting period," says Guy Cumbie, last year's chairman of the Financial Planning Association and president of Cumbie Advisory Services in Fort Worth, Texas....

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