“Fiduciary Values, Exemplified: How Volunteering as a NAPFA Member has Paid Off Over the Years” with Lydia Sheckels - Episode #06 of NAPFA Nation

<p>In episode #06 of NAPFA Nation, <a href= "https://wescott.com/experts/lydia-p-sheckels/" target="_blank" rel="noopener">Lydia Sheckels, CFP®, CLU®, ChFC®</a>, of <a href= "https://wescott.com/" target="_blank" rel="noopener">Wescott Financial Advisory Group</a>, shares highlights from her career in financial services, including how she became fee-only financial planner, and why she decided to eventually join NAPFA and raise her hand for service/leadership roles within the fiduciary community that would come back to help her in unexpected ways. While she set out to simply be of service, the surprise to her was that she learned new things and became a better financial planning practitioner and leader within Wescott, the Registered Investment Advisor and wealth management firm that would eventually become her beloved career home base.</p> <p><strong>Sheckels shares:</strong></p> <ul> <li>How participating in the fee-only community helped shape her career and created a profound sense of purpose</li> <li>How fellow NAPFA pioneers such as Michael Joyce, Judy Lau, and Marjorie Fox – among others – lead the charge in NAPFA’s early days</li> <li>Why she is so encouraged by the fiduciary movement and the growth of commission-free wealth management and financial planning firms nationwide</li> <li>How established firms can help the next generation of financial planners as they eagerly seek to join the fiduciary community</li> </ul> <p><strong>Key points:</strong> When Sheckles joined Wescott, it was “a tiny firm” and the term “fiduciary” was hardly used in financial planning circles. Today, Wescott is one of the larger wealth management firms in the fiduciary community and now the terms “fee-only” and “fiduciary” are used widely in financial planning circles, by personal financial journalists, and professors who are training up the next generation of financial planners, investment advisors, and wealth managers. In addition to the National Association of Personal Financial Advisors, the fiduciary standard is now the “mothe