The Boutique Financial Planning Principals Association Inc (BFP) originated in Brisbane, in 1996, when a band of like-minded self-licenced financial planners began meeting to share ideas and information. The association was formally established in April 2002 and it is the only group established to specifically represent boutique independently owned financial planning firms operating under their own AFSL. In this context, the term “independent” means that the AFSL business is privately owned and not part of a financial institution and “boutique” means that members generally have a small number of financial advisers. The BFP is a membership association governed by our constitution, steered by members and guided by their elected Executive. By 2020 the BFP had grown to include members from across all states of Australia.