News from FPA of Minnesota

Your Partner in Planning

March 7, 2023

March Chapter Meeting: Doing what it takes to keep a client's trust and commitment

Tuesday, March 21, from 11 a.m.-2 p.m.

Carol Anderson, MS

President MQ Research & Education™

Successful client relationships don’t happen overnight; they evolve and remain strong in an ever-changing environment. 

The March chapter meeting focuses on our communication practices and how they influence the development of client trust and commitment. In the first hour, Carol Anderson, MQ Research & Education™ and Money Quotient, examines and provides the tools to assist in qualitative data-gathering in client meetings and discusses the key recommendations for strengthening client connectedness. 

During the second hour, Anderson explains how to navigate change challenges. You’ll learn the ways and extent that client financial anxiety, virtual meetings and cultural awareness shape planning outcomes.

Join us on March 21 for this information-packed session on building solid client relationships. 

Learn more and register here.

Chapter meetings are held at Golden Valley's beautiful

Metropolitan Ballroom & Clubroom.

FREE MEMBERS ONLY WEBINAR: Through the stages, addressing client cognitive incapacity

Friday, March 24, from 10:45 a.m.-12 p.m.


As financial professionals, we are in a prime position to detect cognitive impairment in clients. Are you able to address their concerns and protect everyone involved?

This member only webinar features two top medical and financial advising experts on cognitive decline and related difficulties. Dr. Carolyn McClanahan, founder of Life Planning Partners, and Dr. Moira Somers from Money, Mind & Meaning will present ready-to-implement recommendations for managing the issues and complex emotions that arise when dealing with cognitive incapacity.

In this not-to-miss presentation, you'll learn the following:

  • the best practices to apply before decline sets in; 
  • issues arising from significant health diagnoses, mental health crises and dementias; 
  • communication tips; and  
  • boundary setting.

Register for the free webinar.

This exclusive FPA multi-chapter webinar is free to members only. Powered by Alliance Forum FPA chapters.

Dr. Carolyn McClanahan, MD, CFP®, Founder Life Planning Partners, Inc.

Dr. Moira Somers, Neuropsychologist, Author, and Financial Psychologist

Want a preview of the March webinar? Check out this Smart Planner Podcast.

Host Belle Osvath, CFP®, conducts an interview with Dr. Carolyn McClanahan and Dr. Moira Somers about the financial planner's role before, during and after a client's cognitive decline.

Chapter Update

Board President Bruce Lorenz

Happy March!

What an engaging February chapter meeting! Programs Director Jeanna Fifer moderated a panel discussion with members Ryan Antkowiak, Jeremy Heckman, and Grant Meyer, who discussed individual approaches to a planning case. Attendees provided thoughtful and interactive questions.

Another event scheduled last month was our Day at the Capitol, which was canceled due to snow. Fortunately, members could still connect by phone with state representatives. Are you interested in helping with our efforts to bring financial education to all MN high schoolers? There is still time to get involved with the Financial Literacy Coalition of MN. Please contact Jason Kley for more information or email one of the board members through the chapter's website.

Kicking off a new pro bono relationship, Nicole Meeker recently presented to the Asian Women United of MN. Other members will soon follow with additional presentations and one-to-one meetings. Volunteer work is a fulfilling way to share your talents, so please respond to the monthly pro bono requests. Many groups need our help.

The board relies on long and short-term planning to keep FPA MN fiscally responsible. From 10–11 a.m., before the March 21 chapter meeting, past president Pete Snow, president-elect Nicole Meeker and I are available to discuss your suggestions about:

  • programming
  • social events
  • community events
  • other input and general feedback

In addition, a short survey will be emailed to members on March 10. Your ideas are important to us!

As always, I encourage you to get involved in the chapter by joining a committee or helping with a one-time project. Help shape the future of FPA MN!

Seeking Pro Bono Champions for Financial Planning Days 2023

Join our committee today!

FPA MN’s Pro Bono Committee will soon be meeting to discuss Financial Planning Days, and they’re looking for your fresh ideas!

Do you have connections with local organizations - including state and municipal governments - that provide services to low-income and underserved individuals? The committee could use your help with outreach and creating awareness around the event.

Your time commitment is minimal; planning efforts start in earnest this spring.

If you have a passion for helping others through the power of pro bono, learn more here or contact us at

Understanding the SECURE 2.0 Act of 2022

Connect with fellow members

The financial planning industry underwent many changes, with SECURE 2.0 passing on December 22, 2022. Some highlights of the bill include:

  • Increasing the Required Minimum Distribution age from 72 to 73 in 2023 through 2032, and then to age 75 in 2033.
  • Introducing the emergency fund match feature in qualified plans.
  • Increasing catch-up contributions for 401(k) and IRA plans.
  • Removing more barriers to annuities within retirement plans.
  • Expanding Qualified Charitable Distributions.

FPA MN is an excellent forum to process SECURE 2.0's numerous provisions and changes. If you have questions and want to bounce ideas off fellow financial professionals, please get in touch with Jessica Hawthorne; she'll connect you with other interested members.

FPA MN's Upcoming Events

Partner spotlight: March 2023

At Fairway Independent Mortgage Corporation, we are proud to build lifelong relationships with our clients through the mortgage process. As we customize the programs to each client’s goals, we are able to improve their liquidity, protect their assets, create generational wealth or many other possibilities that can relieve financial stress. We work with a diverse array of clients from first time home buyers to experienced real estate investors. Through education, consultation and support, we aim to help our clients reach their purchase, refinance or reverse mortgage goals.

Upcoming lunch n' learn: Wednesday, March 29, 12-1 p.m.

Please join Dominic DesMarais with Fairway Independent Mortgage Corporation for a lunch n' learn where he will share how it's possible to reduce the income taxes for your homeowner clients aged 62+ using a reverse mortgage loan.*

Registration Link

*This advertisement does not constitute tax and/or financial advice from Fairway.

Contact information for all FPA MN partners is available here.

FPA of Minnesota | 763.781.1212 |
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