Rhoades Elected as National Chair of NAPFA

Dr. Ron RhoadesAlfred State is pleased to announce that Dr. Ron Rhoades, JD, CFP, assistant professor of business and curriculum coordinator for the college’s financial planning program, has been elected to serve as the National Chair of the National Association of Personal Financial Advisors (NAPFA) for 2012-2013. His term with the nation’s leading professional association of fee-only financial advisers begins on September 1, 2012.

Rhoades outlined his vision for NAPFA in a position paper, remarking that, building on the work undertaken by outgoing chair Susan John and the efforts of numerous NAPFA members and staff, “I intend to continue the organization’s focus on the accomplishment of NAPFA’s vision, namely that ‘the public recognizes that NAPFA advocates the highest standards for personal financial planning and that NAPFA-Registered Financial Advisors are the most trusted advisors of choice.’” He believes that NAPFA will continue to be the leader in its profession through enhanced educational offerings to members, expanding communications in order to educate the public on the benefits of NAPFA advice, advocating for a quality fiduciary standard, and opposing the oversight of registered investment advisers being in the hands of organizations dominated by large broker-dealer firms and investment banks. [www.napfa.org]

With over 25 years of experience as an attorney and over a decade as a personal financial adviser, Rhoades was named one of the Top 25 Most Influential persons associated with the investment advisory profession in 2011 by Investment Advisor magazine. He is involved with several financial planning organizations, including his own investment advisory firm called ScholarFi Inc., is the author of numerous articles in financial industry publications, and is a frequent speaker at national conferences in the financial planning and investment advisory professions. His teaching subjects include investment and retirement planning, insurance and risk management, business law, and employee benefits.

The Chapel Hill, NC, native earned his bachelor’s degree in business administration from Florida Southern College and his Juris Doctor degree with honors from the University of Florida College of Law. He and his wife, Catherine, have two children.

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 2,400 members across the country, NAPFA has become the leading professional association in the United States dedicated to the advancement of fee-only financial planning.