To All IAFP Members:

The Institute of Advanced Financial Planners (IAFP) issued a press release to the trade papers today on the infringement of our trademark by the Institute for Advanced Financial Education (IAFE). The Press Release explains why this is a clear and very serious infringement. It also touches on the implications for both our organization and the professional standard it upholds through preservation of the R.F.P. designation.

After more than a year of collaborative talks with Advocis on the development of a national standard for financial planners, we are disappointed in their response to our expressions of concern over the new name chosen for the CLU Institute. Since our attempts to resolve this situation amicably have been rejected, we feel we have been forced into a confrontation.

Here’s how you can help preserve the IAFP and R.F.P. designation:

• Most important - Keep a record of any confusion between the IAFP and IAFE shown by your clients or colleagues. If they confuse one for the other, we need to know when this occurred, the nature of the confusion, and their name and contact information if they are willing to provide it.
• If you are an Advocis member or hold a CLU, RHU or Ch.F.C. designation, please write to Advocis or directly to the CLU Institute (iafe.ca) to express your disappointment and concern about their new name. Like the others who have written please send us a copy!

For further information, contact our Executive Director, Larry Colero, at 1-888-298-3292.

We are still hoping to resolve this issue amicably, but if we cannot, we are counting on the support of all R.F.P.s in our efforts to protect the integrity of the Institute of Advanced Financial Planners and the professional standards we promote.

Lenore Davis, R.F.P. IAFP President 2010-2011

Last updated: 22 Jul 2019 12:32 AM