Shane W. McCormick, CFP®, AWMA®, CRPC®
Wealth Advisor and Partner; FPA Wealth Management
Shane focuses on wealth planning and management for a select group of clients. Within FPA, Shane serves as the co-leader of the FPA Wealth Management advisory team, along with Thomas H. Vickers, III.
Shane is dedicated to helping our clients pursue their ideal future and lead a life of meaningful purpose through thorough planning, independent, objective advice and exemplary client service.
Shane joined Financial Planning Associates in 2002, and was named a full partner of the firm in January, 2009. In addition to his role as the co-leader of the FPA Wealth Management advisory team, Shane also chairs the FPA Wealth Management Investment Committee, as well as serving as the firm’s Director of Technology. Prior to joining FPA, Shane focused on helping individual investors, retirement plan sponsors and non-profit foundations while working with The Vanguard Group and SEI Investments.
Shane holds a Bachelor of Science degree in Finance from The Pennsylvania State University. He has the Series 7 and 63 securities registrations with FINRA and held with his broker/dealer LPL Financial. Shane is also a CERTIFIED FINANCIAL PLANNERTM professional (CFP®), an ACCREDITED WEALTH MANAGEMENT ADVISORSM (AWMA®), and CHARTERED RETIREMENT PLANNING COUNSELORSM (CRPC®).
Shane is a member of the Chester County Chamber of Business and Industry. He resides in West Chester, PA with his wife Jennifer, their twin daughters, Abbey and Bridget, and their son Conor. When not working with his clients, Shane enjoys spending time with his family and friends, playing golf, and coaching youth softball and baseball.
CERTIFIED FINANCIAL PLANNERTM (CFP®)
CFP® professionals develop their theoretical and practical financial planning knowledge by completing a comprehensive course of study at a college or university offering a curriculum approved by CFP Board. Topics of study include the financial planning process, tax planning, employee benefits, retirement planning, estate planning, investment management and insurance. Upon successful completion of the prerequisite coursework, CFP® practitioners must pass a comprehensive two-day, 10-hour CFP® Certification Examination that tests their ability to apply financial planning knowledge.
CFP® professionals must have three years minimum experience in the financial planning industry prior to earning the right to use the CFP® certification marks. As a final step to certification, CFP® practitioners agree to abide by a strict code of professional conduct, known as CFP Board’s Code of Ethics and Professional Responsibility. CFP Board also performs a background check during this process, and each individual must disclose any investigations or legal proceedings related to their professional or business conduct. To maintain the CFP® certification, CFP® professionals must complete 30 hours of continuing education credits every 24 months.
ACCREDITED WEALTH MANAGEMENT ADVISORSM (AWMA®)
Individuals who hold the AWMA® designation have completed a course of study encompassing wealth strategies, equity-based compensation plans, tax reduction alternatives, and asset protection alternatives. Additionally, individuals must pass an end-of-course examination that tests their ability to synthesize complex concepts and apply theoretical concepts to real-life situations.
CHARTERED RETIREMENT PLANNING COUNCELORSM (CRPC®)
Individuals who hold the CRPC® designation have completed a course of study encompassing pre-and post-retirement needs, asset management, estate planning and the entire retirement planning process using models and techniques from real client situations. Additionally, individuals must pass an end-of-course examination that tests their ability to synthesize complex concepts and apply theoretical concepts to real-life situations.
All AWMA® and CRPC® designees have agreed to adhere to Standards of Professional Conduct and are subject to a disciplinary process. AWMA® and CRPC® Designees must renew their designation every two-years by completing 16 hours of continuing education, reaffirming adherence to the Standards of Professional Conduct and complying with self-disclosure requirements.