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Michael Kitces and FPA enter uneasy truce after Kitces apologizes and FPA publishes its audited financials

Skip Schweiss played mediator after latest Kitces-FPA spat got nasty; Kitces used the word 'fraud' (albeit not alleged) in regard to what turned out to be a simple accounting change that outsiders couldn't see

Author By Lisa Shidler April 4, 2019 at 2:57 AM
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Michael Kitces: 'I regret and have apologized to FPA via their forums'

Skip Schweiss


Michael Kitces

Joey C

Joey C

April 4, 2019 — 3:51 PM
The only fraud to speak of is Kitces himself.


April 4, 2019 — 5:43 PM
Kitces did not accuse anyone of fraud. The FPA decided he did and tried to turn the whole conversation towards how MEAN Kitces was being to poor little FPA. It was a terrible showing by the FPA in my opinion. I'm glad Kitces took the high road and allowed them to save face but as an FPA member, I'm unhappy with their chosen response to his very reasonable concerns.
Brooke Southall

Brooke Southall

April 4, 2019 — 6:49 PM
Joey C, I came within a hair's width of deleting your comment and maybe I should. It strikes me as a potshot. Nobody is above criticism but your comment seems gratuitous and backed up by nothing.
Michael Ross

Michael Ross

April 5, 2019 — 12:15 AM
The FPA is a dictatorship run by an unelected (self appointed) Board of Directors. They have long offered a poor value proposition to the CFP community at the national level, and a top down structure to its membership. Now they are on the verge of shutting down the independent chapters, the one part of the organization that works pretty well. In other words they are about to jump the shark. The only salvation for the organization is major reform with a shift to a bottom up structure and a democratically elected Board of Directors. Unfortunately, they have ignored calls for democracy.
Wayne Bloom

Wayne Bloom

April 5, 2019 — 3:27 PM
Brooke, I’m glad that you exposed Joey C’s “anonymous” comment for what it is rather than delete it. I’ll also add that while nobody’s perfect, anyone who knows Michael, knows that he's well intended and that there isn’t a fraudulent bone in his body.

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Mentioned in this article:

Financial Planning Association
Top Executive: Lauren S. Schadle, CAE, Executive Director and CEO

Consulting Firm
Top Executive: Michael Kitces

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