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American College CEO Blasts Incoming FPA Leader Schadel’s Statements

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The President and CEO of The American College, the nation’s leading educator of financial services professionals, blasted quotes attributed to Lauren M. Schadel, the Financial Planning Association’s incoming chief executive as “ill-informed and detrimental to consumers, especially those in the middle and lower income brackets.” Dr. Larry Barton, Ph.D., CAP® took exception to comments attributed to Schadel in InvestmentNews that “…one profession and one designation is the best way to build the financial planning profession.”