NAPFA

NAPFA (The National Association of Personal Financial Advisors) is a professional association of Fee-Only financial advisors who are committed to working in the best interests of the people they serve. Each new advisor who becomes a NAPFA member must sign and renew a Fiduciary Oath annually and subscribe to NAPFA's Code of Ethics as a commitment to always be in their client's best interests.

Benefit Breakdown

NAPFA Registered Financial Advisor Membership (for CFPs)

  • Retail: $695/annually
  • XYPN Member Cost: Included with Membership!

NAPFA Associate Membership (for Non-CFPs) 

  • Retail: $445/annually
  • XYPN Member Cost: Included with Membership!

If you have not yet registered your firm and would like to explore NAPFA membership, please contact ganzec@napfa.org for information on alternative membership roles.

Account Management

New NAPFA Members

  1. Navigate to your NAPFA benefit page from your Member Portal.
  2. Select Sign Up on the side navigation
  3. Choose your membership type.
  4. Confirm your eligibility by checking the three boxes.
  5. Click Get Started, and we will send you over to NAPFA's website.
  6. Create an account if you don't already have one and be sure to use the code as listed in your member portal when signing up.
  7. Complete the Comprehensive Financial Planning Review (below).
  8. Expect a welcome email and packet within 4 weeks!

The Comprehensive Financial Planning Review (select one)

You will need to select one of the below options to fulfill the Comprehensive Financial Planning Review requirement for NAPFA membership:

  1. Peer Review: An oral interview via video conferencing about your financial planning process. You can review the Peer Review Checklist to prepare. Many XYPN members have opted for the peer review with success.
  2. CFP Capstone: If you completed a comprehensive plan for your CFP Curriculum Capstone, you are only required to show proof that you passed the class.
  3. Financial Plan: You can take the last financial plan you wrote for a client or yourself, change the names and identifiable information, go through the checklist to be sure you addressed everything, and submit it. You can view a successful plan here.

Existing NAPFA Members

  1. Navigate to your NAPFA benefit page from your Member Portal.
  2. Select Transfer Account on the side navigation
  3. Choose the membership type you currently have. 
  4. Confirm the information displayed is correct - if not, update it in your settings!
  5. Check to confirm the billing acknowledgment.
  6. Click Request Transfer.
  7. Contact Cindy Ganze at ganzec@napfa.org to confirm you’ve joined XYPN.

Closing Your Account

  1. Navigate to your NAPFA benefit page from your Member Portal.
  2. Select Close Account on the side navigation.
  3. Confirm your account information.
  4. Click Close Account.
  5. NAPFA will be in touch with your membership cancellation and your portal will update reflecting this benefit once we hear back from them.
  6. Reach out to NAPFA directly for further questions or support needed on canceling your membership.

Leaving XYPN?

  • Your NAPFA discount as an XYPN member will end when your membership ends. Be sure to connect with NAPFA directly for the next steps on account access, data transfer, and how to develop a retail relationship with them.

Billing

  • Your NAPFA membership is included with your XYPN membership, but any billing will be done directly through NAPFA.

FAQs

My NAPFA account says my Membership is "Past Due" or "Expired." What do I do?

  • You can ignore this message! Only you can see this, and your Membership with NAPFA is in good standing. Your client-facing page and links will all still be operable. This sometimes happens when membership renewals overlap with XYPN's payment terms with NAPFA. XYPN pays Membership every quarter, which may occur after your renewal date. There is no penalty or other items to be concerned with.

Can I receive Continuing Education Credits through a Mastermind Group?

  • You may claim 8 CE credits in the entire two-year CE cycle for your mastermind meetings, whether from the half-day sessions or your weekly calls, using the "Study Type" of "Presenting." Note: Members must also submit a request for CFP® CE credit to have mastermind hours honored. See the NAPFA CE Guidelines for more info.

Does NAPFA offer a Holistiplan discount? What about other NAPFA discounts?

  • NAPFA members now receive access to Holistiplan at a discounted rate. Use promo code 2019NAPFA10 for a 10% discount. NAPFA offers its members a wide range of discounts on products and solutions. You can view them here.

Do I have to be a CFP ® to be a NAPFA member?

  • No, if you are not yet a CFP®, you can apply as an Associate member of NAPFA. When you receive your CFP ®, NAPFA can upgrade your membership.

Do I have a CE requirement as a NAPFA member?

  • Only if you’re a NAPFA-Registered Financial Advisor, NAPFA Associates do not have CE requirements. For more information on this, visit this page.

Does the XYPN NAPFA Membership discount apply to non-members?

  • No, the discount does not apply to any non-XYPN members on the account. This member benefit is individual to each member and can be signed up directly in the member portal.

Contact

Cindy Ganze: GanzeC@NAPFA.org

Still need help? Contact Us Contact Us