by John Darer® CLU ChFC CSSC RSP
Is it appropriate to have a board of directors composed 62.5% from one company? That is exactly what the story is with the Registry of Settlement Planners Board (RSP Board) , five of whose eight members are affiliated with a single company, Settlement Professionals,Inc. This is not to take away from the knowledge that these individuals have, or years of experience that might make them an asset to such Board, but it seems to have the potential to create a major conflict of interest. There are enough RSPs to create greater diversity on the RSP Board than there is today.
I'm proud to have earned the designation of Registered Settlement Planner (RSP) and was the first one in the United States to earn the designation. Yet I am concerned that the RSP Board lacks the level of diversity that will give it greater credibility and foster future growth of the RSP designation.
I hope that those that are responsible for creating this potential conflict of interest on the Registry of Settlement Planners Board make things right and soon.