The CFP Board elected Daniel Moisand as its 2023 board chairman, the certifying and standard-setting organization announced today.
A principal at Moisand Fitzgerald Tamayo in Melbourne, Florida, Moisand is a 30-year industry veteran who has logged two decades on the board’s practice and standards, disciplinary and ethics committees. He has been a CFP Board board member since 2020 and sits on its Code and Standards Enforcement Committee.
“Dan Moisand is an outstanding choice to lead the CFP Board,” says Knut Rostad, co-founder and president of the Institute for the Fiduciary Standard, in an email. Rostad says both Moisand’s temperament and CV put him in sync with the new SEC commissioner and the Biden administration.
“First … his experience in leading the financial planning industry over many years is unparalleled. Second, he has orchestrated an industry disruption in leading
Moisand Fitzgerald Tamayo is a member firm of the Institute for the Fiduciary Standard’s Real Fiduciary Practices Advisor Registry in which signatories agree to adhere to a series of fiduciary practices and pay a nominal fee to be listed.
From Moisand’s perspective, however, a new administration means change, which presents innate challenges for CFPs and their clients.
“I've been doing this for 30 years and the very first thing [advisors] are concerned about is how things are going to affect their clients,” he says. “I think the No. 1 concern whenever Congress and the lawmakers put [out] new things is, how do we adapt to those new circumstances. President Biden ran on a platform, and like everybody else before him, he'll get some of this stuff through ... and it matters from client to client what particularly comes to fruition.”
Moisand says that when he takes the chairman’s gavel, an ongoing priority will be helping certificants adjust to the board’s
“We put out a ton of material to help them learn what their responsibilities are and how to comply. The resources we have available for them are the best I've seen from any regulatory body out there — the FINRA, SEC, what have you,” he says.
On the COVID-19 front, Moisand says the CFP Board will continue remote proctoring for the November exams but that no decision has been reached for 2022.
“Dan has a distinguished career as a leader in the financial planning profession and brings great passion to the board of directors as a steward of our competency standards, ethics and enforcement programs,” says CFP board of directors chairman Douglas King, in a statement announcing the results of the July election.
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