News Releases | May 4, 2016

UFCU’s Financial Advisor Receives CFP® Designation

Michael Guthrie

Austin, TEXAS, May 4, 2016 – University Federal Credit Union (UFCU), Austin’s largest locally-owned financial institution, is pleased to announce that Michael Guthrie, Wealth Advisor, registered through CUSO Financial Services, L.P. (CFS)* at UFCU has been authorized by the Certified Financial Planner Board of Standards (CFP Board) to use the CERTIFIED FINANCIAL PLANNER™ and CFP® certification marks in accordance with CFP Board certification and renewal requirements. Guthrie has worked at UFCU since 2004 and is responsible for designing, implementing and managing comprehensive financial plans for 300 households with assets totaling $100 million. Guthrie’s financial planning emphasizes helping member’s achieve their financial goals while passing a legacy to their heirs and continuing the planning in a multi-generational relationship.

Guthrie holds Securities Licenses (Series 6, 7, 63, 66) in the following states:  AZ, CA, CO, FL, IL, MD, MO, NM, NY, NC, OK, OR, TX, and UT.  In addition, he is licensed in the state of Texas for Life Insurance and Long-Term Care Insurance.  Guthrie holds a BBA in Finance from Texas State University.

The CFP® marks identify those individuals who have met the rigorous experience and ethical requirements of the CFP Board, have successfully completed financial planning coursework and have passed the CFP® Certification Examination covering the following areas:  the financial planning process, risk management, investments, tax planning and management, retirement and employee benefits, and estate planning.  CFP® professionals also agree to meet ongoing continuing education requirements and to uphold CFP Board’s Code of Ethics and Professional Responsibility, Rules of Conduct and Financial Planning Practice Standards.

CFP Board is a nonprofit certification organization with a mission to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for personal financial planning.  CFP Board owns the certification marks CFP®, Certified Financial Planner™ and federally registered CFP (with plaque design) and CFP (with flame design) in the U.S., which it awards to individuals who successfully complete initial and ongoing certification requirements.  CFP Board currently authorizes more than 70,000 individuals to use these marks in the United States.  For more about CFP Board, visit www.CFP.net.

About UFCU

Exceeding $2 billion in assets, UFCU serves over 204,000 members in Central Texas and Galveston County.  UFCU provides a variety of products, services and education programs to meet your needs through all phases of your life. To learn more about UFCU’s products and services, including low rate auto loans, visit www.ufcu.org.

* Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. UFCU has contracted with CFS to make non-deposit investment products and services available to credit union members.