goal based investing- planning for key life events

GOAL BASED INVESTING – PLANNING FOR KEY LIFE EVENTS

Premier date: February 22, 2016SERIES: INVESTING BASICS 2016

© 2016 DailyDAC, LLC d/b/a/ Financial Poise®

Premier Date: February 22, 2016


GOAL BASED INVESTING – PLANNING FOR KEY LIFE EVENTS

INVESTING BASICS 2016

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WE WOULD LIKE TO TAKE THIS OPPORTUNITY TO THANK OUR SPONSORS

© 2016 DailyDAC, LLC d/b/a/ Financial Poise® 3

meet the facultyPANELISTS

Jordan Fishfeld Peer RealtyCharles Sikorovsky North Shore Council of the Financial Planning AssociationMichael Terrien West Loop Financial

MODERATOR Jonathan Friedland,

Sugar Felsenthal Grais & Hammer LLP



Practical and entertaining education for business owners and executives, accredited

investors, and their legal and financial advisors. For more information, visit

www.financialpoise.comDISCLAIMER: THE MATERIAL IN THIS PRESENTATION IS FOR INFORMATIONAL PURPOSES ONLY. IT SHOULD

NOT BE CONSIDERED LEGAL ADVICE. YOU SHOULD CONSULT WITH AN ATTORNEY TO DETERMINE WHAT MAY BE BEST FOR YOUR INDIVIDUAL NEEDS.

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about this webinarPlanning to buy your first house, send your child to college, take care of your elderly parents, or plan for your own retirement? - these are examples of some specific events one may save for. Goals-based investing (also known, in its most basic form, as the “envelope system”) is an investment strategy where performance is measured by the success of investments in meeting specific personal and lifestyle goals rather than meeting some specified investment benchmark. Join Financial Poise faculty as they explain, in plain English, the pros and cons of goals based investing and ways it may make sense to incorporate the strategy into your own financial planning.

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about this seriesAre you saving enough money? How much is enough? That depends, in part, on what your goals are and what sort of returns you can get by investing your savings. Many investors who thought they were well situated for retirement were devastated by the 2008 meltdown. Many others in recent years have lost their entire nest egg to fraudulent schemes. This Financial Poise webinar series will give you a solid introduction to the fundamentals of investing.

As with all Financial Poise webinars, each episode in the series is designed to be viewed independently of the other episodes, and listeners will enhance their knowledge of this area whether they attend one, some, or all of the programs.


episodes in this series

EPISODE #1 Basic Investment Principles 101-1/28/2016

From Asset Allocations to Zero Coupon Bonds

EPISODE #2 Goal Based Investing- 2/22/2016Planning for Key Events

EPISODE #3 The Legal & Tax Aspect of Investing :3/17/2016

Asset Protection: Estate Planning, and Tax Efficiency

EPISODE #4 Advanced Investing Topics

4/21/2016

EPISODE #5 Options for the Accredited Investor

5/26/2016

Dates above are premier dates All webinars also available On Demand through West LegalEd Center and Vimeo



GOALS AND VISION FOR FUTURE DRIVE FINANCIAL PLANNING PROCESS

What Goals ?• Retirement?

• Specific Life Events?• Children?

• Other?

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Retirement

• What age will to retire?• Will you change your lifestyle in retirement?

• What about your health?• Long-term care insurance?

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Specific life events• Special celebrations• Buying/remodeling a home• Buying a car• Buying a vacation home• Changing career / buying a business• Divorce• Funeral

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children• Care for special needs• Public or private school• Saving for college• Weddings• Other gifts• Bequests

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other• Hobbies• Travel• Charitable giving• Risk management

• Life/health/disability insurance• Property insurance

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Taking a step back- isn't the goal to make the maximum return???

Maybe, and maybe not…Concepts to consider:

• Work/Life Balance• Risk v. Reward• How much is enough?

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There is another way…

Call it SMART or call it the

ENVELOPE SYSTEMGoals-based financial planning, that is, “beginning with the end in mind,” has numerous advantages

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What about other concepts?• Diversification vs. Concentration• Correlation• Asset classes• Compounding• Fundamental v. Technical Analysis• Broker v. Advisor?

See Episode #116

More About The Faculty: JONATHAN FRIEDLAND

[email protected] Friedland is a partner with Sugar Felsenthal Grais & Hammer LLP. He regularly represents parties in the purchase and sale of businesses and counsels businesses and their owners in their everyday affairs. Jonathan is also a nationally recognized expert in matters related to financially distressed companies.

Jonathan holds the highest possible rating from Martindale-Hubbell (AV® Preeminent™) and AVVO (10/10), has been repeatedly recognized as an Illinois “superlawyer” in the areas of Business/Corporate Law and Bankruptcy & Creditor/Debtor Rights, and has received several other similar distinctions. He is licensed to in Arizona, Illinois, New Jersey and New York.

Jonathan has been profiled, interviewed, and/or quoted in numerous publications, including Buyouts Magazine; Smart Business Magazine; The M&A Journal; Inside Counsel; LAW360; Business Week.com; The Bankruptcy Strategist; Dow Jones Daily Bankruptcy Review; Bankruptcy Court Decisions; Dow Jones LBO Wire; and The Daily Deal. He has authored three books and more than a hundred articles, and has spoken on more than 100 panels.

Jonathan is also the founder and chairman of DailyDAC, LLC, d/b/a Financial Poise™, an on-line provider of continuing education, information, and business intelligence for business owners, investors, and their trusted advisors. Jonathan graduated from the State University of New York at Albany, magna cum laude, in 1991 after three years of study and from the University of Pennsylvania Law School in 1994. He clerked for a federal judge before entering private practice, spent several years teaching MBA candidates as an Adjunct Professor of Strategic Management at the University of Chicago Booth School of Business, and was the 2006 Clayton Center for Entrepreneurial Law Visiting Professor of Business Law at the University of Tennessee College of Law. Jonathan was a partner with Kirkland & Ellis LLP before joining SugarFGH.


More About The Faculty: D

JORDAN [email protected]

Jordan Fishfeld is the founder and Chief Executive Officer of PeerRealty. He focuses his time on the development of strategic partnerships with investors, sponsors, and developers, while ensuring all deals are strong and viable. With over 8 years of investing, development and sales experience in the real estate industry, Jordan understands the benefits of strong and tangible assets.

Prior to founding PeerRealty, Jordan worked as a finance attorney for Katten Muchin Rosenman, LLP, where he assisted on more than $1 billion worth of syndicated loan transactions. Before graduate school, Jordan worked as a law clerk for a New York based real estate firm, representing lenders for properties valued at over $45 million.

Jordan holds Bachelor of Arts in Political Science and Bachelor of Science in Business Administration degrees from the University of Florida. Jordan also received Master of Business Administration and Juris Doctorate degrees from the University of Miami, where he graduated Magna Cum Laude.



CHARLES SIKOROVSKY

Charles Sikorovsky is Chair of the North Shore Council of the Financial Planning Association and has also served on the FPA of Illinois State Board. He currently works with Rick Harig, CFP® at Legacy Resources, LLC, a financial planning firm in Northbrook. In a prior career, Charles was a software consultant and technical trainer, and he brings his technical background and passion for teaching to Financial Poise.



MICHAEL [email protected]

Michael S. Terrien is the founder and Managing Member of West Loop Financial LLC (WLF). WLF is a registered investment advisor (RIA) committed to disciplined, evidence-based investing and personalized, comprehensive financial planning designed to help clients build their tomorrows while guarding against the pitfalls on the road today and in the future.

West Loop Financial is a member of The BAM Alliance (BAM), a nationwide network of like-minded advisors. Mr. Terrien brings the intensive commitment to client service and attention to detail developed over a legal career spanning more than 20 years to West Loop Financial.


Visit www.eisneramper.comEisnerAmper. Let's Get Down to Business®

EisnerAmper LLP is a leading full-service advisory and accounting firm, and is among the largest in the United States. We provide audit, accounting, and tax services, as well as corporate finance, internal audit and risk management, litigation services, consulting, private business services, employee

benefit plan audits, forensic accounting, and other professional advisory services to a broad range of clients across many industries. We work with high net worth individuals, family offices, closely held businesses, start-ups, middle market and Fortune 500 companies. EisnerAmper is PCAOB-registered and provides services to more than 200 public companies and to thousands of entities spanning the hedge, private equity, brokerage and insurance

space in the financial services marketplace. As companies grow we help them reach their goals every step of the way. With offices in New York (NY), New Jersey (NJ), Pennsylvania (PA), California (CA), and the Cayman Islands, and as an independent member of Allinial

Global, EisnerAmper serves clients worldwide.

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The JOBS Act & the accredited investor: What every accredited investor should know before investing

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Important Notes

• THE MATERIAL IN THIS PRESENTATION IS FOR GENERAL EDUCATIONAL PURPOSES ONLY.

• IT SHOULD NOT BE CONSIDERED LEGAL, INVESTMENT, FINANCIAL, OR ANY OTHER TYPE OF ADVICE ON WHICH YOU SHOULD RELY.

• YOU SHOULD CONSULT WITH AN APPROPRIATE PROFESSIONAL ADVISOR TO DETERMINE WHAT MAY BE BEST FOR YOUR INDIVIDUAL NEEDS.

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