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​Awardees to be honored at the FPA Annual Conference in Baltimore​

DENVER– The Financial Planning Association® (FPA®) today announced the recipients of its top awards, which will be presented at the FPA Annual Conference – BE Baltimore 2016, Sept. 14-16 at the Baltimore Convention Center. FPA will present the 2016 P. Kemp Fain, Jr., Award and three 2016 Heart of Financial Planning Awards.


The 2016 P. Kemp Fain, Jr., Award is bestowed upon an individual who has made outstanding contributions to the financial planning profession in the areas of service to society, academia, government and professional activities, and upholds FPA's Core Values of competence, integrity, relationships and stewardship. The winner of the 2016 P. Kemp Fain, Jr., Award is Ray Ferrara, CFP®.


Ferrara, who is Chair and CEO of ProVise Management Group, LLC in Clearwater, Fla., has four decades of experience and has served on the Board of Directors for the Certified Financial Planner Board of Standards, Inc. (Chair 2014), the Financial Planning Association (FPA), Institute of Certified Financial Planners (ICFP) and National Advisor's Trust Company (NATC). He is active in the community and serves on the Board of Directors of Eckerd Youth Alternatives, Morton Plant Mease Healthcare, BayCare Health System, and the University of Maryland College Park Foundation.


He has been a featured speaker for many organizations, as well as at business conferences throughout the United States. For over 10 years, he hosted radio's "Talking Money" and authored several articles, videos, and CDs on various financial topics including living trusts, IRAs, college financial aid, asset protection, estate planning, and Section 529 plans. Ferrara was featured as one of America's best financial planners in the book Secrets of the Wealth Makers and is a recipient of the Lifetime Achievement Award given by the FPA of Tampa Bay Chapter.


While serving as CFP Board's Chair of the Board of Directors, Ferrara was active in the Financial Planning Coalition's work to advocate for the U.S. Department of Labor's amended definition of "fiduciary" under ERISA. Ferrara has been a strong proponent of a fiduciary standard as well as for making the most of the opportunities that rulemaking provided to raise the visibility and reputation of the profession.


In the nomination it was said of Ferrara, "Ray is dedicated to serving the public, the profession and the organizations he leads. He is selfless leader who embodies the best of what it means to be a CFP® professional and FPA member and leader. He is always looking for ways to make the profession better by not only providing organizations' his time and insights, but also taking the time to mentor young professionals who are just starting to make their way."


The 2016 Heart of Financial Planning Award recognizes individual professionals, financial planning firms, and organizations that engage in extraordinary work, contributing and giving back to the planning community and public through financial planning. Recipients embody the spirit of financial planning and also represent FPA's Core Values. This year's honorees are:


John Crosby, CFP®, ChFC, CLTC, CRPC (FPA of New Jersey) – Nominated for his work in state/federal advocacy and financial literacy, Crosby is the managing director of Individual Financial Services, LLC in Middletown, NJ. The current Advocacy/Government Relations Director of the FPA of New Jersey chapter, Crosby spearheads the chapter's Grassroots Advocacy Associates Network, New Jersey State Capitol Events, and has participated in FPA Advocacy Day in Washington, D.C. He has developed a key relationship with the state office of AARP where he has participated in financial literacy events and worked to support the Secure Choice Savings Act.


Jim Peniston – Nominated for his work as the past Executive Director of the Foundation for Financial Planning, Peniston was instrumental in taking the Foundation to a new level of success. Peniston started with the Foundation in 2003 when the organization made 19 grants totaling $890,000 and had an endowment of $6 million. When he retired in March 2016, the Foundation had provided a total 330 grants of nearly $6 million and an endowment of almost $20 million. Under Peniston's leadership, the Foundation's donor base grew to more than 14,000, the number of consumers reached was in excess of 400,000, and he led the effort to align the Foundation with FPA and FPA chapters to grow pro bono financial planning services across the country.


Richard Salmen, CFP®, CFA®, EA (FPA of Greater Kansas City) – Nominated for his stewardship of the profession and ability to forge relationships through collaboration, Salmen is CEO of Northern Financial Advisors, Inc. in Bloomfield Hills, Mich. A member of the FPA Board of Directors (2006-2010), Salmen served as the 2009 FPA President and 2010 FPA Chair. Salmen is currently serving a four-year term on the Board of Directors for the Certified Financial Planner Board of Standards, Inc. and was recently elected the 2017 Chair-elect of their board. While 2009 FPA President, Salmen was instrumental in the establishment of the Financial Planning Coalition to bring FPA, CFP Board and NAPFA together to advocate on matters of importance to the profession.




About the Financial Planning Association

The Financial Planning Association® (FPA®) is the principal professional organization for CERTIFIED FINANCIAL PLANNERTM (CFP®) professionals, educators, financial services professionals and students who seek advancement in a growing, dynamic profession. Through a collaborative effort to provide more than 24,000 members with One ConnectionTM to tools and resources for professional development, business success, advocacy and community, FPA is the indispensable force in the advancement of today's CFP® professional. Learn more about FPA at and follow on Twitter at