For Release: August 18, 2008

DENVER, Colo.… The Financial Planning Association^® (FPA^®) is pleased to recognize Don Pitti as the recipient of the 2008 P. Kemp Fain Jr. Award.

FPA's P. Kemp Fain Jr. Award recognizes an individual member who has made outstanding contributions to the financial planning profession in the areas of service to professional activities, society, academia and/or government and upholds FPA's Core Values of competence, integrity, relationships and stewardship.

Pitti has been a member of FPA and its predecessor organizations since 1969. He received a Bachelor of Arts degree from New York University and did graduate work in business at Adelphi University where he served on the faculty from 1963 to 1965. He is the founding director of the Financial Services Institute in the Tobin College of Business at St. John's University in New York where he also serves as the Adjunct Professor of Finance. He retired in 1994 after a 40-year career in the financial services industry.

Pitti served as the chairman of the Society of Financial Counseling, which created the International Association for Financial Planning (IAFP) and the College for Financial Planning. He also served as president of IAFP, governor of Certified Financial Planner Board of Standards and as chair of the Foundation for Financial Planning.

Pitti will be recognized at FPA Boston 2008 to be held October 4-7 at the Boston Convention and Exhibition Center in Boston, Mass. To register for FPA Boston 2008, visit www.FPAAnnualConference.org or call 800.322.4237.

-30-