Kahler Financial Group’s president wants to leave the U.S. Certified Financial Planner Board of Standards, reports InvestmentNews.com.

It adds the Board recently categorized Kahler as a commission-and-fee advisor, even though Kahler says he’s simply fee-only.

The change was made, the outlet found, because Kahler owns part of a family real estate business, a company he “occasionally receives a dividend from…[though he’s] not a salesman.”

Kahler isn’t the only planner mad at the Board, adds InvestmentNews.com. On September 20, 2013, the Board “temporarily removed the fee-only description from the website profiles of about 8,000…CFPs…after [learning] that many dually registered advisers and those who work for wirehouses were claiming fee-only status.”

Read more about how advisors are questioning the Board’s actions.

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