Less is more! The FPA of Michigan has decided that going forward, we plan to send one email communication per week to highlight Upcoming Events and Chapter News. We are hopeful this new procedure will be more efficient in keeping you informed about Chapter News and Events. If you have comments, questions or suggestions, email Mary at info@fpami.com.

We hope you enjoy our WEEKLY emails!
Member Spotlight!
Our members are the best! FPA of Michigan is proud to highlight and support our exceptional members and their involvement in the community and contribution to the profession. If you are interested in sharing your story or perhaps nominate a colleague to share their story, it’s easy – just click here and fill out a short form!

Meet Marilyn!
Marilyn Capelli Dimitroff, CFP®

After being an owner and principal of a RIA firm from 1982 to 2017, Marilyn is now enjoying retirement!

How did you get you started in the financial planning profession? With bachelors and masters degrees in mathematics, I expected to have a career teaching high school and college math. But, after my kids started school and I decided to go back to work, no teaching jobs were available. So in 1978 I became a stockbroker, the 5th woman in a firm of over 300 brokers. The company selected one person from each branch to pursue the Certified Financial Planner designation and I was one of the fortunate chosen. I felt like the tumblers of my life fell into place. The idea of holistically assessing client needs/wants and collaboratively developing and implementing a plan resonated strongly!

What was your involvement with developing the fiduciary standard? I’ve had the privilege to help develop standards for the profession, chairing the task force that introduced the fiduciary requirement for all CFP professionals when providing elements of financial planning to clients. My committee had flown into Chicago to meet. I remember sitting in the hotel room at O’Hare airport and discussing whether we had the guts to impose the fiduciary standard. I asked, “Do we dare? Can we require putting the client’s best interest ahead of the firm’s?” We decided that it was the right thing to do.

The ensuing firestorm in the financial services world was a huge challenge! Firms threatened to fire CFP credentialed employees. In the end, it WAS the right thing to do; and today the fiduciary standard requirement has expanded across much of the financial service profession.

As Chair of the US CFP Board of Directors in DC in 2009 I was able to testify at Congressional hearings on issues in our profession and to represent our certificants and standards around the world.

How long have you been a FPA member and what has your membership meant/done for you? Since the Stone Age! Since it was the IAFP and the ICFP in the 1980s. FPA Provides connections, education, tools, friendships and resources.

What a satisfaction and joy it has been to be in this profession for almost 40 years! And though I’m no longer working, I can’t help staying engaged.

What media have you been featured in: The Wall Street Journal, Detroit and Chicago papers, most industry magazines, Worth Magazine’s list of top planners all 15 yrs it was published, (I got to be the Cover Girl on Financial Planning magazine in March 2010) 😊 Local and national radio and TV.

Thank you, Marilyn!

Upcoming Events
FPA of Michigan 1st Annual Student Success Golf Outing
September 10th | 12:00 pm to 5:30 pm

Forest Akers West Golf Course at
MSU in East Lansing

Bring your clients and co-workers and enjoy an afternoon of nine holes of golf at Forest Akers West Golf Course at MSU in East Lansing. Carts, beer and soda will be available on the course. Afterwards, join us for a dinner along with a cash bar. All income from this event will be allocated to future financial planners through the FPA of Michigan scholarship program.

Sponsorship opportunities available!
Advanced Buy-Sell Planning

August 31st | Virtual
12:00 pm to 1:00 pm
Approved for 1 CFP CE
Why and How to Have the Medicare Conversations with Your Clients

September 29th
12:00 pm to 1:00 pm
A message from FPA of Michigan Women & Finance
Knowledge Circle Chair, Nicole Gopoian Wirick!
FPA of Michigan Women & Finance Knowledge Circle
Upcoming Events!
What's Your Style of Communication?

September 15th | Virtual
11:30 am to 1:00 pm
Join the Discussion!

November 9th | Virtual
12:00 pm to 1:00 pm
As students return to college, more mentors are needed!

The FPA of Michigan has developed advantageous relationships with several universities in Michigan which offer personal financial planning curriculum. As a result of these relationships, the FPA of Michigan introduced the Mentorship Program. The goal of the Mentorship Program is to connect FPA Members with students who aspire to pursue a career in financial planning.
FPA of Michigan Partners
Thank you to our Partners for everything you do for our Chapter!

We invite all members to take a moment to reach out to our Partners as they would love to talk with you. Go to our website at www.fpami.com and scroll to the bottom for contact information for our great Partners!
You're Invited ...

New with Vanguard - Free Virtual Webinar: "Advisor Perspectives Thought Leadership Summit"
Portfolio insights: Effective investment strategies in the current market
 
Date: Wednesday, August 25, 2021 
Time: 10:00 am to 11:00 am, Eastern time
 
Speaker: Ryan Barksdale, head of our PA&C team, will be speaking at a live session on 8/25 at 10 a.m. ET. Ryan’s session is Portfolio insights: Effective investment strategies in the current market. He will be interviewed by Bob Huebscher, CEO and Founder of Advisor Perspectives, and attendees can earn continuing education credits.

Session Summary: Get insight into key portfolio construction trends—and earn continuing education credits—at a live webinar session featuring the head of Vanguard Portfolio Analytics and Consulting (PA&C) team, Ryan Barksdale. Ryan’s session is Portfolio insights: Effective investment strategies in the current market.
 
Our PA&C team engages with hundreds of advisors each year about portfolio construction topics, and it also has access to thousands of advisor portfolios through Vanguard’s digital investment analytic tools.
 
In his webinar session, Ryan will delve into portfolio construction trends he sees across asset classes, sectors, and investment styles. He’ll provide other tips to assist you in helping clients reach their goals, including:

  • How international stocks can improve diversification and returns.
  • Which strategies are likely to help clients’ portfolios if inflation rises significantly.

Thank you FPA of Michigan Platinum Partners!
Thank you FPA of Michigan Gold Partners!
Thank you FPA of Michigan Silver Partners!
Connect With Us

Email: info@fpami.com | Phone: 248-330-7757 | www.fpami.com