spring newsletter 2011 - cdn.ymaws.com · ms. anita woodside mr. david rowan mr. marc labadie mr....
TRANSCRIPT
FPA Philadelphia Tri-State Area P.O. Box 38 Fairless Hills, PA 19030 215.295.0729 www.fpaphilly.org
www.fpaphilly.org Spring 2011
The primary aim of the Financial Planning Association is to be the community that fostersthe value of financial planning and advances the financial planning profession.
Mark Your CalendarsJuly Quarterly Meeting: July 21, 2011. Dave & Buster’s.Penns Landing, Philadelphia, PA
Fall Retreat/Ethics/Golf Outing: October 17, 2011.DuPont Country Club. 1001 Rockland Rd., Wilmington, DE
November Quarterly Meeting: November 16, 2011. CrownPlaza Hotel. King of Prussia, PA
I am happy to announce that the PhiladelphiaTri-State Financial Planning Association wonthe FPA Edit Profile Campaign Contest forLarge Chapters! Board members and member-ship committee persons were assigned toapproximately 700 names from our total mem-bership and telephone calls and e-mails went out
over the last month. As you can imagine, this project was atremendous amount of work; I want to thank the entire board andthe membership committee for all of their hard work. The mem-bership committee members are: Bill Love (Chair), KevinCoughlin, Chris Bertram, Rich Durso, and Adam Reinert.
So what do we win? For all of those individuals that updatedtheir profile on the FPA website, they are entered into a drawingsponsored by FPA National for free admission to the NationalConference in San Diego. In addition, our chapter held our owncontest and those members that edited their profile will be enteredinto a drawing to win an Apple i-Pad 2 at our next chapter meet-ing! Finally, the chapter wins the ability to send one board mem-ber to the National Leadership Conference at no charge.Everybody wins!
In addition to these great prizes, my calls reminded me of whatgreat members we have in our chapter. So many of you took afew minutes out of your busy day to take a call that you knewnothing about from a name you didn't recognize. Almost every-one that I didn't reach by phone, returned my calls or e-mails.Frankly, I was amazed! We all get bombarded with sales calls ofone form or another, so it's not uncommon for us to receive 100or 200 e-mails per day, but everyone was very pleasant andthanked me for reminding them about the contest. On behalf ofthe entire board and the membership committee, thank you fortaking our calls and e-mails and treating us with respect and kind-ness. Good luck in the contests!
On another note, I hope you had a chance to attend the SpringSymposium. The reviews are coming back with very positivecomments and ratings that reflect the tremendous amount ofwork that went into it by the education committee: John Kilroy(Chair), John Hochschwender, Rich Durso and Adam Soloff.Thank you guys for a job well done as always.
If you couldn't make the Spring Symposium, don't worry. We willbe having a regularly scheduled session in July. See John Kilroy's
article or the website for more information.
Thanks for reading and I hope to see you at the July meeting.
Mark_______________________________Mark A. Rioboli, CFP®, CFSPhiladelphia Tri-State 2011 President
A Multiple Award Winning Chapter
What’s Inside
Announcements................................3
Quarterly mtg. registration form.....5
Human Resources............................8
Education Report.............................9Study Groups...................................10Public Awareness................. ...........12Pro Bono .........................................13
Members Caught on Camera ........16New Members..................................20
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2011 Board of Directors
President Mark Rioboli, CFP®
(484) 321-5406 [email protected]
VP - Public AwarnessPaula Nangle, CFP® , MBA,MS(215) 321-9312fax (215) [email protected]
ChairmanJohn Hochschwender,CFP®
(610) 429-4090 fax (484) [email protected]
DIRECTORS-AT-LARGE
Timothy Carroll, CFP®, CPA, MT(302) [email protected]
Chapter AdministratorChris Stewart(215) 295-0729 fax (215) [email protected]
VP - Pro Bono
OFFICERS
Christopher Coyne, Ph.D,CFP®, RFC(610) [email protected]
Sharon Bonnem, CFP®
(215) 635-1269fax (215) [email protected]
President-ElectCatherine Seeber, CFP®
(215) 979-1642fax (215) [email protected]
TreasurerWilliam Suplee IV, CFA,CFP®, ChFC®, CASL(610) 648-0700fax (610) [email protected]
Website MaintenanceDebbie Yarosh(484) [email protected]
Michael Clancy, CFP®, CLU, CCPS(215) 579-5760fax (215) [email protected]
Newsletter EditorKelli Mucci(267) [email protected]
VP - Human ResourcesWilliam G. Love, CFP®
(215) [email protected]
Eric Daugherty, CFP®, CPA(610) 415-9936 [email protected]
VP - DevelopmentScott Bombeck, CFP®
(610) [email protected]
SecretaryVincent R. Barbera, CFP®(610) 892-9900fax (610) [email protected]
VP - Education/ProgramsJohn Kilroy, CFP®, CPA(610) 503-0943fax (610) 935-9276 [email protected]
Adam Soloff, EA, CFP®
(215) 885-3071fax (215) 885-5356 [email protected]
Richard Durso, CFP®,AEP®
(215) [email protected]
Announcements
Twenty-Five Years
Mr. Mark CiarelliMr. Gregory MerlinoMr. Marc S. WagnerMr. Peter J. Winnington
Twenty Years
Mr. Thomas J. Belisari Mr. Mitchell J. MetzMs. Tamara KukainisMr. Robert B. HollandMr. Adam Sherman
Fifteen Years
Mr. Christopher F. DanielsMs. Lynn LeonardMr. Jay HellerMr. Vincent C. Gorman
Ten Years
Mr. James P. QuinlanMr. Yong WangMs. Patricia W. LaLondeDr. Henry J. CluverMr. Michael D. BaittingerMr. John T. WhalenMr. Christopher ButzMr. Michael GastMr. Richard McLaughlin
Membership Milestones!
Members Reach Longevity Milestones with FPA!!
We congratulate the following members for reaching longevity milestones fromMarch through June of 2011 with the FPA and thank them for their continued support
and participation in our Chapter.
Five Years
Mr. Donald A. CalcagniMs. Patricia BoucherMs. Anita WoodsideMr. David RowanMr. Marc LabadieMr. Alan BrecherMr. Anthony J. DegerolamoMr. Paul C. BarbehennMr. Mark KempMr. David M. BenglianMr. Glenn D. MeyerMs. Charlotte A. Gross
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Announcements (continued)
Raffle Winners!
March Quarterly Meeting Program Evaluation Contest - Winner of a $25 Barnes & Noble Gift Card:
Helen Zumsteg
Spring Symposium Program Evaluation Contest - Winners of a $25 Barnes & Noble Gift Card:
Jeanne RobinsonBud Gotshall
Thom ShumosicSandra Lee
Spring Symposium Sponsor/Exhibitor Contest - Winners of a $100 AMEX Gift Card:
Bud JamesKenneth Higginbotham
Congratulations to our Winners!
Philly Chapter wins national contest!
Thanks to all of our members who went online and edited their profile, our chapter has wonthe national Edit Profile Campaign Contest for Large Chapters. We had an 18% increase!
The chapter has received one FREE registration/travel/lodging for a board member toattend the National Leadership Conference this November.
We would also like to thank all of our board members who took time out of their busyschedules to make phone calls to our members encouraging them to update their profiles.Although the contest is over, please know that if you have not updated your profile lately,you should take a moment and do so. By doing this, you help yourself. Having currentinformation listed on the national site enables the general public to find you when seekinga financial planner. It's easy! Just go to:https://www.fpanet.org/professionals/DomainServices/Profile/EditProfile.aspx
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Fiduciary Petition Update
FPA and its Financial Planning Coalition partners have launched an online petition initiative to encour-age the SEC to apply a uniform, customer-first standard of care to all investment advice. This peti-tion is an important tool to add your voice to the conversation and to send a clear message to theSEC that the financial planning community overwhelmingly supports placing clients’ best interestsfirst.
If you have already signed the petition, thank you for supporting our goal.
If you have not signed the petition, we encourage you to join nearly 5,000 of your colleagues whohave added their names to the petition (which resides on two separate websites). As a Chapterleader, we hope you can help us continue our momentum by also mentioning the petition at upcom-ing Chapter gatherings, or include a link (http://www.ipetitions.com/petition/fpc/) in your newslettersor other communications to your members.
It's important for the SEC to get support from those who are in favor of a fiduciary standard, so yourhelp in this effort is critical in demonstrating the financial planning profession's commitment to puttinginvestors' interests first.
To sign the petition, please click the link below and select the “sign the petition” button on the web-page (http://www.ipetitions.com/petition/fpc/).You can also encourage your fellow advisors tosign the petition through email, or by posting alink on Twitter and Facebook.
Thank you so much for your support.
Martin Kurtz, CFP®FPA President
Special Message from FPA President Martin Kurtz
Your Pennsylvania contact is:Kevin [email protected]
Call 610 504-2503 for more information.
Morningstar OfficeSM is our most complete soft-ware offering for independent financial advisors. With its robust portfolio management and performance reporting, advanced research and investment planning capabilities, and tools for batch reporting and client communications, it fully supports the core tasks of your practice.
Morningstar Office—theSmart choice for RIAs
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A new way of doing business …
Welcome to Merion Wealth Partners, LLC*, our advisor owned firm designed toprovide your practice with access to comprehensive wealth management solutions. Wethink of them as our six cornerstones – Asset Management, Risk Management, FinancialPlanning, Advanced Charitable and Legacy Strategies, Trust and Estate expertise andPrivate Banking.
Advisors, who have a desire to grow their business, scale their business, create newsources of revenue and wealth for themselves, create a transferable equity asset, buildnational brand awareness and footprint or seek broader distribution, will thrive in theMerion model.
Merion Wealth Partners, LLC is aggressively expanding. Our strategy is to engage aselect group of key practices in order to fuel their growth and supplement their practice.All of our advisor partners win under that model. Define the future – for yourself, yourbusiness and your clients in concert with Merion Wealth Partners, LLC. Learn more byvisiting our website at www.merionllc.com and contacting Dale A. Pope, Senior VicePresident at 610.572.2157 or [email protected].
*Merion Wealth Partners, LLC is a SEC Registered Investment Advisor
1235 WESTLAKES DRIVE, SUITE 280 BERWYN, PA 19312
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Human Resources By: William G. Love, CFP®
Vice President, Human Resources
To our fellow FPA Philadelphia Tri-State members:
Our message continues to be “we are at your service.”
Help us help you get the biggest bang for your buck with your membership experience.
There are many avenues, benefits and opportunities a member can take advantage of in the localchapter such as:
• Participate on a committee (Membership, Pro Bono, Public Relations, Education, Sponsorship)• Write an article for a publication • Attend chapter meetings for networking and continuing education • Participate in a chapter event such as Financial Planning Day • Attend a study group • Take advantage of affinity benefits • Utilize website tools such as “Planner Search”• Be a mentor to someone new in the profession
The list can go on and on but we want to hear what ismost important to you. Is there something you would likeus to add, take away or just improve on the way we arecurrently doing things? We want to hear your ideas! Ifyou are having trouble identifying what you should bedoing to get the most for your money, please let us knowat the meetings or when you receive a call from aboard/committee member or call me directly!
We are at your service!
Continued success,
William G. Love, CFP®Marshall Financial [email protected]
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Education Report By: John Kilroy, CFP®, CPAVice President, Education
As we are about to turn the corner from spring into summer (although with many 90+ degreedays I wonder what spring truly is anymore) please take the opportunity to review the presenta-tion handouts from our recent Spring Symposium. You will find them in the Members Area ofour chapter website (www.fpaphilly.org). Among those offered are presentations from MichaelKitces on the Financial Planning Implications of the Alternative Minimum Tax, Stan Ueland’sFacts and Fallacies of ETF Investing, and Jonathan Guyton’s Keeping Your Wits in StormySeas, the latest of his extensive research on the retirement withdrawal rate question. David
Walker’s blunt perspective on America’s financial house, Brett Danko’s entertaining and engaging presentationon annuities, and FPA National President Marty Kurtz and Director of Government Relations Dan Barry’sreview and assessment of the fiduciary standard had also highlighted our day at St. Joseph’s University.
If you attended the quarterly meeting on June 21st from 12:00PM – 4:00PM at the Doubletree Hotel in PlymouthMeeting, we hope you enjoyed it. Frequently, we hear from our members they are seeking more practice man-agement content in our meetings. In response, we focused this meeting entirely on practice management. Ourfirst speaker was Michael Wilson, Director of Marketing for Morningstar. He offered insight into the concept ofthe Integrated Advisory Firm in its past, present, and future states.
Following a short break, we welcomed a return visit to our chapter by Don Trone, the Chief Ethos Officer ofStrategic Ethos. Don accepted the challenge of synthe-sizing and summarizing the evolving maze of the fidu-ciary standard and how it may affect more, rather thanless, advisors across the financial services industry. Donhas worked extensively with the FPA on this issue, andhas offered his thoughts to national FPA audiences.
Please go to Page 5 in this newsletter for information onour July 21st meeting. Clark Capital will be our sponsorspeaker at Dave and Buster’s in Philadelphia.
FPA-FTSA STUDY GROUPS
The FPA Study Groups offer all membersan opportunity to meet and interact withother members as well as to obtainContinuing Education credits.
To continue to improve the content of ourmeetings, please contact the Study GroupLeader in your geographical area aboutfinancial topics that interest you. Also,please provide the names of people thatwould like to make an educational presen-tation to our Study Groups.
Study Groups
Center City, Philadelphia Area GroupAmira Adams or Richard J. Busillo, CFP®
RTD Financial Advisors215-557-3800
30 South 17th Street, Philadelphia, PA [email protected]
South Jersey GroupRobert Hammond, CFP®
Managing PrincipalLincoln Financial
1800 Chapel Ave. WestSuite 200
Cherry Hill, NJ 08002856-488-2860
HELP WANTED
Allentown Delaware
We are looking for GroupLeaders for the Allentown
Group and the Delaware Group.If you are interested, please
contact Chris Stewart at [email protected]
Main Line GroupJoseph P. Halpin, CFP®
Location: Planco/Hartford1500 Liberty Ridge Drive
Wayne (Chesterbrook), PA 19087
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Jenkintown GroupAdam Soloff, EA, CFP®
LPL Group215-885-3071
[email protected]: Jenkintown Library
460 Old York Rd.Jenkintown, PA 19046
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IMPORTANT CE CREDIT INFO!
Since January 2005, we have been required to report all CE credits electronically to the CFPBoard of Standards. We are having difficulty with this process because members are notproviding the necessary information.
For CFP CE Credits. We must have the last four digits of your Social Security Number.
There has also been a change in the reporting process of CE credits for the PA Department ofInsurance. Social Security Numbers are no longer accepted for reporting. Please provide yourPA Insurance License Number when applying for credit.
It is quite time-consuming for our administrator to follow-up with attendees to obtain the cor-rect information. Help us help you by being prepared and having this information when youare applying for CE credits.
Would you like to participate in helping our chapter spread the word aboutFinancial Planning?
The FPA is where the public can find tools, resources, services, and most importantly,planners who provide objective, competent and client-centered advice.
How can you get involved?
1. Become a member of our media response team and receive an average of 30 media requests eachmonth!
We will be hosting a media training session in conjunction with the July Education meeting. Onceyou complete the training, you can be a member of our Chapter’s Team. The media requests comethrough FPA National and are from a variety of print, web, radio and television sources. A singleresponse can lead to multiple media hits. One example in point: one of our members recently respond-ed to a writer for Bankrate.com. A month or so later, the story was picked up by MSNBC.com which wasthen picked up by a syndicated radio show where the member was asked to conduct an interview live.It is a great way to spread the word!
2. Join FPA on Twitter, Facebook, and LinkedIn or start blogging. Click on the links on our website andLIKE, FOLLOW or JOIN!
3. Help us with the 2nd Annual Financial PlanningDay scheduled for October 1, 2011 at Ben FranklinHigh School. Watch for details on the chapter websitewww.fpaphilly.org. We will need lots of volunteers forthis year’s event. Last year was such a huge successfor both the volunteers and the participants.
4. Volunteer to write consumer-oriented articles for thenational website which will also be linked to our localchapter website.
MEMBERS IN THE NEWS: Please let us know if youare among them! We will post you in the chapter website.
Cathy Seeber Kim Lovett Paula Nangle Rich DursoVince Barbera
Help us spread the word! Contact Paula Nangle [email protected].
Public Awareness By: Paula Nangle, CFP®, MBA, MSVice President of Public Awareness
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A Financial Planners Care ProgramA Pro Bono Service
By: Sharon Bonnem, CFP®
Vice President, Pro Bono
Your Pro Bono committee has had a busy spring. Tim Carroll conducted a number ofEstate Planning workshops for Consumer Credit Counseling Services (CCCS).Many of the attendees are single parents who do not have wills and have no plans inplace for the care of their children should they die while they are still young, so thisinformation is sorely needed. Mike Clancy conducted a number of presentations for
CCCS on Estate Planning and on Education Funding (his favorite topic). I conducted a discussionrecently on Investing. It was a lively crowd with many questions which caused the meeting to morphinto a discussion on retirement and estate planning. Because of this, the group will reconvene inNovember where Stephanie McCullough, a new volunteer, will be leading the discussion on thesetopics. Lastly, Scott Bombeck conducted the Estate Planning workshop recently for CCCS in Ridleywhere nearly 30 attendees were present.
We lend our time and expertise to CCCS and we rely on them as well. They have provided speakersto us on a number of occasions where the topic was credit-related issues (always a hot topic). Theywere very popular at last year’s Financial Planning Day and we have asked them to double theamount of counselors available for this years' event.
Eric Daugherty, Dave Hoyer and I conducted seminars on behalf of The Pledging Tree Foundation(TPTF) on Taxes and Retirement. Want to know more about this group and the work we are doingwith them? Check them out on YouTube:http://www.youtube.com/watch?v=WfUYrKnv21k&feature=related. You may see some familiar faces.
In early June, Eric Daugherty, Adam Soloff, and Florence Cheek from CCCS conducted a presenta-tion at JEVS. The focus of the meeting was to provide tips on handling financial adversity. Attendeeswere invited to sign up for financial counseling sessions to be held at a later date. Danielle Rothberg,Marcia Rubin, Dave Hoyer, David Sacker (a new volunteer), Stephanie McCullough and I conductedthese sessions.
One of our existing Pro Bono partners and two potential new partners have submitted grant requestsfrom the Foundation for Financial Planning. This group is the lifeblood for the financial literacy move-ment within the financial planning community. If you are not familiar with the group and its mission,please check it out at http://www.foundation-finplan.org.
Dave Hoyer sent me an article last month that described a survey conducted in 2009. The surveyasked a simple question of U.S. citizens: “If you were to face a $2,000 unexpected expense in thenext month, how would you get the funds you need?”
• 24.9% of respondents reported being certainly able• 25.1% probably able• 22.2% probably unable • 27.9% certainly unable
Roughly half the population (according to this survey) is one major car repair away from a crisis.Scary, isn’t it?
If you are interested in joining, or have ideas or suggestions, please contact me at [email protected] or 215-239-4350.
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Government RelationsRegulatory Notice 11-25
New Implementation Date for and Additional Guidance on the ConsolidatedFINRA Rules Governing Know-Your-Customer and Suitability Obligations
Implementation Date: July 9, 2012
Executive SummaryOn November 17, 2010, the Securities and Exchange Commission (SEC) approved FINRA’s pro-posal to adopt rules governing know-your-customer and suitability obligations for the consolidatedFINRA rulebook. On January 10, 2011, FINRA issued Regulatory Notice 11-02, which providedguidance regarding the new rules and announced an implementation date. This Notice announcesa new implementation date of July 9, 2012, and provides additional guidance in response to somerecent industry questions and concerns.
Questions regarding this Notice should be directed to James S. Wrona, Vice President andAssociate General Counsel, Office of General Counsel, at (202) 728-8270.
The details of the notice can be found on FINRA’s website: www.finra.org.
SEC Issues Proposal to Increase Performance Fee Account Threshold & Modify AccreditedInvestor DefinitionUnder Rule 205-3, advisers who have a client with at least $750,000 in assets under their manage-ment may charge the client a performance fee. On May 13, the SEC proposed raising this thresholdlevel for performance fees from $750,000 to $I,000,000. Under Dodd-Frank the SEC was directedto adjust the amount every five years for inflation, starting no later than July 21, 2011. In addition,the proposal changes the definition of accredited investor to, as Dodd-Frank required, exclude thevalue of the investor’s home.
Delaware Proposes Fee Increase and Changes to Securities Rules The Delaware legislature is proposing a number of changes to the state’s securities laws. Includedin those changes is a fee increase from $50 to $75 for annual registration as an agent or represen-tative.
http://www.legis.delaware.gov/LIS/LIS146.NSF/vwLegislation/HB+88?Opendocument
The Delaware Securities Commissioner is proposing to change the regulation on unsuitable recom-mendations to more closely match FINRA Rule 2111 which is now scheduled to go effective inNovember 2012. The new rule would prohibit unsuitable transactions or investment strategiesinstead of just transactions. It also broadens the traditional items to be looked at from investmentobjective and sophistication to a customer’s investment profile.
http://regulations.delaware.gov/register/june2011/proposed/14%20DE%20Reg%201310%2006-01-11.htm#P9_164
By: Timothy Carroll, CFP®, CPA, MTGovernment Relations
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Driving Profitability With Technology
Over the last two years, how many of your clients have asked questions about how your fees affect the per-formance of their accounts? If your answer is "few," then consider yourself fortunate--many of your fellow advi-sors are thinking "most" or "all." In a down market, client accounts suffer in a number of ways, pushing finan-cial planners to find new and innovative methods to demonstrate their value beyond the numbers on the latestaccount statement.
One of the most effective ways to justify your fees and to add value to your clients is to "focus on them." Itsounds simple, but for certain firms, it can be difficult to accomplish due to legacy systems and operations. Alladvisors claim to focus on serving their clients, yet if you ask yourself honestly, "Am I truly focused on myclients?" the answer might disappoint.
Let’s face it, there are usually lots of things that get in the way of serving your clients, everything from adminis-trative tasks, to maintaining servers, to juggling client data and information.
To get you and your firm to where you are truly client focused, you might need to take a hard look at the sys-tems and technology you're currently using. Chances are, over the years you've found a set of technologysolutions that works for you, but how well? Do your systems integrate with each other to avoid inefficient dou-ble entries? Is the interface and output customizable to your needs? Do the performance statements you’regenerating effectively communicate your expertise to your clients?
The “if it ain’t broke, don’t fix it” approach can be a critical error. Many of the firms we meet with have a solu-tion in place that they know is time consuming, costly, and ineffective (or some combination of the three), butthey aren't aware of how much easier things would be with an updated system. Finding an integrated solution,one that combines the major parts of your practice, can minimize the back and forth between multiple softwareplatforms and help you better serve your clients. Here at Morningstar, we've developed a product that'sdesigned specifically for financial planners like you. Morningstar Office combines the functions of portfolioaccounting, investment research and planning, client reporting, and CRM in one seamlessly integrated plat-form.
In addition, with the increase in internet connection speeds and the improvement in portfolio management sys-tems, it's now possible to outsource some of the daily tasks that take away from client focus. Morningstar BackOffice Services is one of several outsourcing options that can help. Even if you are lucky enough to have that"operational lynchpin" employee who holds your office together, outsourcing to a reputable and well-knownback office services group can protect your firm from that lynchpin’s absences--and an outside firm is usuallyless expensive than an in-house person or team. More importantly, outsourcing can get you and your firmback to focusing on your clients.
I invite you to contact me or one of my colleagues at Morningstar to discuss how we can work with you toincrease the efficiency (and profitability) of your business. Even if Morningstar Office or Morningstar BackOffice Services aren't the right fit for your practice, many other great tools have been developed in the pastfew years. We can find solutions that will allow you to spend more of your time on the activity you enjoy themost as an advisor--helping your clients reach their financial goals.
For more information about Morningstar Office, contact Kevin Coughlin, Business Development Consultant, at(610) 504-4183 or [email protected].
By:
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FPA-PTSA: Members Caught on Camera!
24th Annual Spring Symposium
Members network with sponsors during abreak
John Kilroy, FPA-PTSA V.P. of Educationwelcomes attendees
Attendees on a break
Rich Durso FPA-PTSA board memberpresents 2011 FPA-PTSA CFP scholarship check to Erik Evans
Bill Love, FPA-PTSA VP of Membershipwith student Joseph Kull and FPANational President, Marty Kurtz
Speaker Michael Kitces
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L to R - Rich Durso, Michael Clancy, BillLove, Paula Nangle, Mark Rioboli, JohnHochschwender, Dan Barry, Vince Barbera,Cathy Seeber, Marty Kurtz and John Kilroy
24th Annual Spring Symposium (continued)
Member Walter Smedley with speakerDan Cameron
Rich Durso, FPA-PTSA Board Memberthanks keynote speaker David Walker
David Walker, keynote, addresses thecrowd
Attendees listen intently to the presentation
Alex Brozyna, First Trust Portfolios(FPA-PTSA Gold Sponsor) withMichael Kitces and Ed Rumell, alsofrom First Trust
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March 16, 2011 Quarterly Meeting
Member Dave Emery with speakerJonathan Ellis
Attendees enjoy a break and networking
Attendees enjoy a break and networking Members Bob Ratti, Bob Hartfield, Bud& Jan Gotshall
Board Member Rich Durso with speakers Peter May and Bob Lipsey
Board Members Kim Lovett and PaulaNangle
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The Benefits of FPA-PTSAMembership Just Got Even Better!
The Board implemented a new rate sched-ule for advertising in the QuarterlyNewsletter. All members receive a
50% discountfrom the regular advertising rates!
Members may also place classified ads inthe Newsletter & on the FPA-PTSA website
FREE!
FPA-PTSA 2011 Regular Advertising Rates
50% DiscountAd Size Non-Member Price Member Price
Full Page $600 $300
1/2 Page $300 $150
1/4 Page $150 $75
Full Page (4X) $2000 $1000
1/2 Page (4X) $1000 $500
1/4 Page (4X) $500 $250
* For more information about advertising, please contactChris Stewart at [email protected] or (215) 295-0729.
FPA-PTSA OFFERS YOU ANOTHER MEMBER BENEFIT!!
In addition to the Insurance benefit already offered to our chapter members, we now offera deep discount on products through our partnership with CCH. Read all about it below.You can also access these benefits by visiting our web site at www.fpaphilly.org. Click onthe Members link at the top of the page and then click on the Product and ServiceDiscounts link.
The FPA Philadelpha Tri-State and CCH have teamed up to offer you a helpful newmember benefit that provides a 30% discount on any of the more than 175 CCH pro-fessional titles, including Financial & Estate Planning Guide, Master Tax Guide, MasterEstate & Gift Tax Guide, Wealth Management, Asset Protection Planning Guide,Investment Tax Planning, Charitable Giving Answer Book, and many more.
Just click the link below, read the instructions and use Y5768 as your priority discountcode at Checkout to get the 30% discount.
Questions? Just call Chris Stewart at 215-295-0729.
http://tax.cchgroup.com/members/fpaphilly
Stay tuned for additional new Health Insurance Benefits Packages for FPA-PTSA members!!!!
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Internships
Welcome New Members
Please let us know if you are in need of anintern, or if you know any interns whowould like to work in the financial servicesindustry. FPA-PTSA is pleased to post anynotices free of charge. Please email:
Aimee Baehr, SagePoint Financial
John M. Bonvetti, Jr., CFP®, J.P.Morgan Private Bank
Thomas J. Bradshaw, CFP®, Ameriprise Financial Services, Inc.
Jim Brignall, Ameriprise Financial
Nan Brown MetLife Home Loans
Christopher Cicalese, Alloy Silverstein
Anita T. Conner, CPA, CFP®, Anita T. Conner and Associates PC
Bernard Downing
Susan E. Fisher
Caitlyn Thomas Kennedy, CFP®, Glenmede
Ray Kulbeda, CFP®, Skippack Investment Advisors
Joseph M. Kull
Joseph V. Maugeri, CFP®
Franics J. McMullin, Jr., CLU, McMullin & Associates
Patricia Meller, The Philadelphia Foundation
John A. O'Neill, CFP®, Principal Financial Group
Bryan M. Saylor, CFP®
Steven J. Toto, CFP®, The Philadelphia Group
Classified AdsAll Classified Ad postings are free to members of FPA-PTSA.
Let us know if we can help you advertise. Send an email to:
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Independent financial advisor wants to bring on an advisor with a book of business whocould potentially take-over the firm in 10-15 years. Located near Great Valley CorporateCenter. CFP® Series 7 required. If you are goal oriented, hard working and easy to getalong with, this may be the opportunity for you. Contact: [email protected]
New FPA Member BenefitLong-term Disability Insurance at a Group Discount!
The FPA group long term disability policy is a one-of-a-kind disability program. Group rates areavailable to you as a member of FPA. Guaranteed issue acceptance is offered to new FPA mem-bers when applying within 60 days of joining FPA.
The policy is underwritten by Standard Insurance Company, an industry leader in the disabilityinsurance market. This is Standard's Enhanced LTD Plan:
Following a 90-day elimination period, tax-free benefits of 60 percent of income to a maximum of$6,000 per month can be received if disabled from your own occupation or if you suffer a 20 per-cent loss of earnings from a covered sickness or injury. Benefits can be paid to age 65 and canbe adjusted by a built-in inflation adjustment.
In addition to the monthly benefit, an annuity contribution benefit (7 percent of pre-disability earn-ings\$5,000 per month maximum) can be paid to help save for retirement and a long term carebenefit (20 percent of pre-disability earnings\$2,000 per month maximum) can be paid to helpcover assisted living expenses.
For free quotes, applications, and detailed policy information, please visit www.associationinsurancebenefits.com.
More information is available on our chapter’s website at:
http://www.fpanet.org/professionals/Membership/DiscountInsurancePrograms/DisabilityInsurance/
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