The Board of Governors is the policy-making and oversight body of Certified Financial Planner Board of Standards, the certifying, standards-setting, marks issuing and disciplinary body which owns the CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) certification marks and regulates their use in the public interest.

2006 Board of Governors Members

Chair
Barton C. Francis, CPA/PFS, CIMA, CFP®
PricewaterhouseCoopers LLP
McLean, VA

A director in the Personal Financial Services Practice of PricewaterhouseCoopers in McLean, Va., Barton Francis has provided financial and tax planning services to corporate executives and high-net-worth clients for more than 20 years. He is active in the American Institute of Certified Public Accountants (AICPA), having spoken at and chaired several conferences. He also served as an instructor for the AICPA's Personal Financial Planning Certificate of Educational Achievement program.

A frequent speaker, Francis has been quoted on television, radio, and in national print media including the Wall Street Journal, Forbes, USA Today, Money, Kiplinger's Personal Finance, Dow Jones Investment Advisor and Financial Planning magazine. His master of science in taxation degree is from Widener University, and his bachelor's degree in accounting is from Virginia Polytechnic Institute and State University. In addition to the CERTIFIED FINANCIAL PLANNERT certification, he earned the Certified Investment Management Analyst designation and AICPA's Personal Financial Specialist designation.

Chair-Elect
Karen P. Schaeffer, CFP®
Schaeffer Financial
Rockville, MD

Since 1985, Karen Schaeffer has worked in business development, client contact and quality control at Schaeffer Financial in Rockville, Md. Previously, she assisted the president/financial planner at American Financial Consultants. Schaeffer has been involved with the Financial Planning Association (FPA) National and Transition boards and before that the International Association for Financial Planning National Board. She is also a Montgomery Hospice Board member and Academy of the Holy Cross Board trustee.

She frequently speaks at regional and national conferences and has participated on financial planning-related advisory committees. Her media experience includes appearances on MSNBC, CNN and cable TV programs; participation on radio programs; and quotes in the Wall Street Journal, the New York Times, the Washington Post, Money and Worth. She has authored articles and a reference book on college education funding for CCH and also teaches classes on financial planning to employees of the federal government, World Bank and other institutions. Schaeffer's B.S. degree is from Grand Valley State University in Michigan, and she attained her CFP® certification in 1981. She also holds Series 6, 7, 24 and 63 licenses.

Immediate Past Chair
Glenn M. Pape, CFP®
Ernst & Young, LLP
San Francisco, CA

Based in the San Francisco Bay Area, Glenn Pape is a partner and the leader for the Pacific Northwest and Pacific Southwest Private Client Services (PCS) and Employee Financial Services (EFS) groups, both part of Ernst & Young, LLP's Human Capital practice. Pape previously was a partner and vice president at The Ayco Company. He also headed the retirement planning practice for the Chicago, Ill., office of Arthur Andersen and worked at Continental Illinois National Bank and the Northern Trust Company, both in Chicago.

A CERTIFIED FINANCIAL PLANNERT practitioner since 1983, Pape also holds the following professional accreditations and designations: CPA (licensed in Illinois), Personal Financial Specialist, Chartered Life Underwriter, Chartered Financial Consultant, Certified Investment Management Analyst and Certified Speaking Professional. Pape has been quoted in Business Week, the Wall Street Journal and the New York Times, and he co-authored Ernst & Young's Retirement Planning Guide. He has a B.A. in classics and an M.B.A. with concentrations in finance/statistics from the University of Chicago and a J.D. from the DePaul College of Law. He is admitted to the Illinois bar.

Dan Candura, CFP®
The Candura Group/PennyTree Advisers, LLC
Braintree, MA

Dan Candura founded the Braintree, Mass.-based Candura Group, LLC, to provide financial advice and education to consumers and financial professionals. He is also president of PennyTree Advisors, LLC, a registered investment advisory firm. He previously served in senior positions with ING Financial Advisers LLC, and American Express Financial Advisors.

Candura has been quoted in USA Today, Investment News, the Journal of Financial Planning, Bloomberg Wealth Manager and other publications. He is a frequent speaker and seminar/workshop presenter on financial planning topics. A past chair of CFP Board's Board of Professional Review and a Financial Planning Association member, he was founding member and co-chair of The Conference Board's Sales and Marketing Quality Council. His undergraduate degree is from Stonehill College, his master's degree is from Bridgewater State College, and he earned his CFP® certification in 1987.

Winston J. "Win" Churchill
SCP Private Equity Partners
Wayne, PA

Win Churchill was elected to a four-year term on CFP Board's Board of Governors beginning Jan. 1, 2006. With more than 25 years of experience in private equity investing, he is managing general partner of SCP Private Equity Partners, which he founded in 1996. Previously, he formed Churchill Investment Partners, Inc., and CIP Capital, L.P. He also served as a managing partner of a private investment firm specializing in leveraged buyouts.

For 16 years, he practiced law at a Philadelphia firm, where he also chaired the Banking and Financial Institutions Department and the Finance Committee. He is a director for various companies and is a trustee of several schools, including Fordham and Georgetown universities. He has a B.S. degree in physics summa cum laude, from Fordham University; an M.A. in economics from Oxford University, where he studied as a Rhodes scholar; and a J.D. degree from Yale Law School.

Marilyn Capelli Dimitroff, CFP®
Capelli Financial Services, Inc.
Bloomfield Hills, MI

A CFP® certificant since 1982, Marilyn Capelli Dimitroff is president of Capelli Financial Services, Inc., in Bloomfield Hills, Mich. She previously was senior vice president and private banking manager at Citizens Bank in Michigan and Illinois. She also managed Forest Financial Corporation in Chicago, Ill. Her professional affiliations have included the CFP Board's Board of Practice Standards, the national Chapter Advisory Council of the former IAFP, and the Charles Schwab & Co. Inc. Advisory Board.

The Wall Street Journal, Forbes, the New York Times and other publications have quoted Dimitroff, who has appeared regularly on television and radio. Worth magazine has identified her since 1994 as one of the nation's top financial advisers, and she has appeared on Bloomberg Press's top 55 practicing financial advisors and Money magazine's top 200 financial planners. She has bachelor's and master's degrees in mathematics from Michigan State University and Eastern Michigan University, respectively.

J. Nicholas "Nick" Georgis
Larkspur, CA

Nick Georgis is a former senior vice president and national sales manager of Schwab Institutional, a division of Charles Schwab & Co., Inc., where he worked closely with CFP® certificants and other financial professionals. He also served as general manager of services to plan administrators for Schwab Institutional's retirement plan services. This division provided investment, trustee, custodial and education services in alliance to more than 400 third-party administrators through The Charles Schwab Trust Company and Charles Schwab & Co., Inc. Before joining Schwab, he spent seven years as vice president of investments with Wells Fargo's Private Banking Group.

Georgis has been a member of Schwab Institutional's Operating Committee and Investment Committee. He holds a B.S. degree in finance from California State University, Sacramento.

Robert J. Glovsky, J.D., LL.M., ChFC, CLU, CFP®
Mintz Levin Financial Advisors, LLC
Boston, MA

Bob Glovsky is president of Mintz Levin Financial Advisors, LLC, which provides wealth management and investment advisory services to individuals and families. He is director of Boston University's Program for Financial Planners and has chaired CFP Board's Board of Examiners. He is a lecturer, teacher and speaker on financial planning topics and helped develop a financial planning software product.

Mutual Fund magazine's "Nation's Top 100 Financial Planners" and Worth magazine's "Best Financial Advisors in the Country" have featured Glovsky, who hosts his own show on Business Radio. He has appeared on CNBC and New England television channels and has been a professional advisor to the Boston Herald Money Manager column and a contributor to the Boston Business Journal and Massachusetts Lawyer's Weekly. The New York Times, the Wall Street Journal, Barron's, Business Week, the Boston Globe and the Boston Herald regularly quote him. His community service includes the B'Nai B'rith Sports Lodge, the Spinazzola Foundation and the Anti-Defamation League Executive Committee (New England region). He was graduated from Dartmouth College and earned his J.D. and a master's in taxation from Boston University School of Law.

James A. Kaitz
Association of Financial Professionals
Bethesda, MD

Also elected to the Board of Governors for a four-year term commencing Jan. 1, 2006, James Kaitz is president and chief executive officer of Association for Financial Professionals, a trade organization representing more than 14,000 treasury and financial professionals.

Formerly, he was executive vice president and chief operating officer of Financial Executives Institute, a professional association, which he joined as vice president of government relations. Before that, he managed trade and business affairs in the Washington office of a healthcare company. From 1978 to 1982, he was legislative assistant to the Honorable James Shannon (D-Mass.), a member of the House Ways and Means Committee. He was graduated from Georgetown University in 1978.

Denise Murray
Investment Company Institute
Washington, DC

Denise Murray is the director of Investor Awareness Programs at the Investment Company Institute (ICI) in Washington, D.C. She manages the ICI Education Foundation's Investing for Success program, designed to promote investor education and awareness to African and Hispanic Americans. The program is a partnership of the National Urban League, the Hispanic College Fund Inc. and the ICI Education Foundation. Before joining ICI, she worked at Charles Schwab & Co., Inc., as a senior regional investment education specialist in African American Investor Services and as an investment specialist in northern Virginia.

Murray represents ICI on the American Savings Education Council. She previously served on CFP Board's Consumer Advisory Council. Her M.S. degree in gerontology is from the University of South Florida, and her M.B.A. in finance is from Clark Atlanta University.

Virginia M.K. "Ginny" Stanley, CPA/PFS, CVA, CFP®
REDW Business and Financial Resources, LLC
Albuquerque, NM

Joining CFP Board's Board of Governors for a four-year term beginning Jan. 1, 2006, is Ginny Stanley, principal and chairman of strategic planning for the accounting firm of REDW, LLC, in Albuquerque, N.M. She also serves as managing principal of REDW Stanley Financial Advisors, LLC, a registered investment advisory firm. She spent the previous 13 years as founder and managing shareholder of Stanley & Associates Certified Public Accountants, P.C. She is licensed in New Mexico as a CPA and holds national credentials as a CFP® professional, a Personal Financial Specialist, and a Certified Valuation Analyst.

She is active in the American Institute of Certified Public Accountants, the New Mexico Society of Certified Public Accountants and the National Association of Certified Valuation Analysts. Worth and Mutual Funds magazines have listed her among their top financial advisors several times, and the Consumers' Research Council of America recently named her one of America's best financial planners for 2005. She has presented at various local and national conferences and has been quoted in USA Today, the Wall Street Journal, Money, the American Bar Association Journal, Financial Planning, Smart Money, Financial Advisor and Bloomberg Wealth Manager. Her education includes an M.B.A. degree from the University of New Mexico.

David G. Strege, CFA^®, CFP®
Syverson, Strege, Sandager & Co.
West Des Moines, IA

With more than 20 years' experience as a CFP® practitioner, David Strege is a senior wealth coach at Syverson, Strege & Co. in West Des Moines, Iowa. Worth and Money magazines have named Strege one of the nation's top financial planners, and he has been quoted in financial publications and appeared on television and radio.

Strege frequently writes about financial planning topics and is a contributing author on pre-retirement planning to CCH's online Financial Planning Resource Book. He has taught personal financial planning courses in Drake University's Adult Education program and coached teachers on teaching financial planning to high school students. He also served on the inaugural board of the Financial Planning Association in 2000 and was the liaison to CFP Board during the development of practice standards. Strege's B.S.B.A. degree in finance with a concentration in personal financial planning is from Drake University. He earned his CFP® certification in 1982.

Don I. Tharpe, Interim CEO
CFP Board
Denver, CO

On October 30, 2006, CFP Board welcomed Don I. Tharpe as interim chief executive officer. Tharpe will manage CFP Board's operations while the Board of Governors completes a search for a new CEO.

Tharpe comes to CFP Board after serving as president and CEO of the Congressional Black Caucus Foundation. He holds a Doctorate of Education from Virginia Polytechnic & State University, and his prior experience includes more than twenty-five years of experience managing non-profit businesses, including twelve years as executive director of the Association of School Business Officials International. He is a member of the American Society of Association Executives and currently serves on the Diversity Committee of its Board.

Stewart H. Welch, III, CFP®
The Welch Group, LLC
Birmingham, AL

Stewart Welch founded The Welch Group, LLC, in Birmingham, Ala., in 1984 and is the managing member of the firm, which provides fee-only wealth management services to healthcare professionals and retirees. Money, Worth, Mutual Funds magazine and Medical Economics have listed him among the country's top financial advisors.

He has been active on the CFP Board and also has served on the Charles Schwab & Co., Inc., Institutional Advisory Board and in local chapters of the former ICFP and IAFP. Stewart has appeared on various television and radio shows, including the Fox News Network and CNBC, and the national press including the Wall Street Journal, Fortune, Money and The Street.com. often quote him. He co-authored J.K. Lasser's New Rules for Estate and Tax Planning, published in 2002, as well as other books on financial planning topics. He has a B.S. in marketing from the University of Alabama and has been an adjunct instructor for the University of Alabama Birmingham. He earned his CFP® certification in 1983.

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