Dr. David Ashby, professor of economics and finance at Southern Arkansas University, has been accepted for membership in the National Association of Personal Financial Advisors.
Ashby serves as the Peoples Bank Professor of Economics and Finance and chair of the Department of Accounting, Finance, and Economics at SAU. He teaches in the areas of retirement planning, estate planning, and corporate finance.
Membership in NAPFA is granted to fee-only financial advisors who are paid directly by their clients. NAPFA members receive no commissions or other rewards for selling financial products. Those forms of compensation create potential conflicts of interest that may serve to undermine an advisor’s objectivity and fiduciary responsibility. It is for this reason that all NAPFA members must sign our fudiciary oath, in which they explicitly promise “to place the clients’ interests first.”
In addition to tough standards on client-friendly compensation, NAPFA has some of the industry’s most rigorous education and training requirements. All candidates for membership are required to submit a complete comprehensive financial plan for a full-scale peer review. Furthermore, NAPFA’s continuing education requirements exceed those of any other association of financial advisors.
“David Ashby is a welcome addition to our organization,” said Jamie Milne, NAPFA chairman and a financial advisor in Barre, Vt. “Membership in NAPFA denotes a real accomplishment for any financial advisor. We recently surpassed 1,100 members, and are always pleased when we can strengthen our ranks with well-trained, highly-committed financial advisors.”
Ashby received his B.B.A. from SAU, M.B.A. from the University of Mississippi, and D.B.A. from Louisiana Tech University. He is a certified financial planner and a certified public accountant. He has been with Southern Arkansas University since 1992.
