What is NAPFA?

What is NAPFA?

March 21, 2024

What Is NAPFA?

NAPFA, stands for the National Association of Personal Financial Advisors. It’s a professional association that champions the cause of fee-only financial advisors across the United States.  Sierra Pacific Financial Advisors is a member of NAPFA, with offices in Pleasanton/Cupertino/Oakland (CA). But what does “fee-only” mean? Let’s break it down:

  1. Fee-Only: As a NAPFA member firm, our advisors don’t earn commissions from selling financial products. Their compensation comes directly from our clients. This alignment ensures that our recommendations are untainted by ulterior motives. No hidden kickbacks, no product pushing—just pure, unbiased advice.

  2. Fiduciary Duty: As NAPFA members our advisors take an annual fiduciary oath. This solemn promise binds them to act in your best interests, always. They’re not just financial guides; they’re guardians of your financial dreams.

Why NAPFA Matters?

Here’s why NAPFA shines like a North Star in the financial galaxy:

  1. High Standards: For four decades, NAPFA has been the standard bearer for fee-only, fiduciary financial advisors. NAPFA advisors don’t just meet the bar; they set it high. So our commitment to professional excellence and ethical conduct is unwavering.

  2. Comprehensive Planning: NAPFA advisors don’t just dabble in one aspect of your finances. They’re like maestros orchestrating a symphony. From your first paycheck to retirement bliss, Sierra Pacific Financial Advisors will craft a holistic financial plan tailored to your unique needs and aspirations.

  3. Competence: NAPFA-affiliated planners are the Jedi knights of finance. Our advisors wield their lightsabers (okay, maybe not literal ones) to navigate complex financial terrain. Whether you’re a fresh graduate or a seasoned investor, we’ve got your back.

  4. Client-Centered: Picture this: You’re the star of the show. Our advisors put you front and center. As fiduciaries, we are duty-bound to prioritize your interests. It’s like having a financial confidante who genuinely cares about your financial well-being.

Many Sierra Pacific Financial Advisors clients came to us specifically because we are a NAPFA member firm. Learn more at napfa.org