Beginning in 1993, the Financial Planning Association (FPA) has annually given the P. Kemp Fain, Jr. Award to an individual who has made remarkable contributions to the profession of financial planning in the areas of service to society, academia, government, and professional activities, as well as, upholds the FPA’s Core Values of competence, integrity, relationships, and stewardship.
The 2016 P. Kemp Fain, Jr. Award Winner is Ray Ferrara, CFP®. Ferrara is the Chairman and Chief Executive Officer of ProVise Management Group, LLC, located in Clearwater, Florida. He has served on the Board of Directors for CFP Board of Standards, Inc. (Chair 2014), the Financial Planning Association (FPA), Institute of Certified Financial Planners (ICFP) and National Advisor’s Trust Company (NATC). While serving as CFP Board’s Chair of the Board of Directors, Ferrara played an active role 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.
Ferrara formerly 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. Ray has been quoted in numerous publications, including The Wall Street Journal; The New York Times; USA TODAY; Bloomberg News; Investor Business Daily; Tampa Bay Times; and Business Week.
Ray was featured as one of America’s best financial planners in the book Secrets of the Wealth Makers. He was a recipient of the Lifetime Achievement Award in 2005 given by the Tampa Bay Chapter of the FPA.
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.”
APC congratulates Mr. Ferrara for earning this prestigious award as he continues to contribute to the growth and progression of financial planning as a profession.