A Message from the President |
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Happy Fall,
The fourth quarter has arrived, and 2021 is in our sights – thankfully. We continue to roll out several webinars so you can rack up more continuing education credits. On October 19, we will host an ethics presentation.
Your board met virtually on September 17 to discuss several topics. Here is what your board members have been up to since last month's newsletter.
Jason Wallace is excited to host a virtual career day in February.
Donny Beattie and David Hampton are forging a relationship with UT's newly formed wealth management organization.
Ann Connolly continues to manage our chapter's finances with much success. We will return to profitability this year, and we are on pace to post our best numbers since 2012.
Blake Rhodes and Sarah Frankenfeld are doing exceptional work in organizing our webinars.
Jeremy Jungbuaer and Brooks Morgan are talking to a few new sponsors for 2021. If your firm wants to sponsor our chapter, please contact Jeremy or Brooks.
Ross Patterson is working on a new pro-bono initiative with Austin ISD and Foundation 99 (a division of TCG). If you're interested in lending your expertise to help others, please contact Ross.
Hannah Simpson is doing a great job of documenting our chapter's 2020 progress, and William Martinez is waiting in the wings to tackle a special project.
Tasha Rock is expanding the women's initiative. We look forward to more D&I programs for 2021.
Daphne Jordon has been a guiding light for our board this year, and she continues to dispense much-needed wisdom – mostly to me.
Margaret Casey is getting ready to take over the reins in 2021.
As we wrap up another quarter, I want to thank you for your flexibility, patience, and grace. Zoom meetings have allowed our chapter to function, but I look forward to breaking bread with you soon when we meet again at the Austin Country Club.
Sincerely,
Bill Parrott, CFP®
President FPA Austin 2020
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Last chance to register!
Wednesday, September 30, 2020
12:00 - 1:00 pm
Repurposing Existing Annuities to Meet Goals in the Financial Plan
Nicole Benz, Consultant, DPL Financial Partners
Most advisors know the feeling when a client or prospective client walks into a meeting with an existing annuity or life insurance policy that was sold to them by a previous advisor or maybe even a friend. This session starts with a high-level review of annuity product categories and takes attendees through various strategies that can be implemented when looking to repurpose legacy policies to reduce costs and help satisfy long-term goals in a client’s evolving financial plan.
Continuing Education: 1 CE approved
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Tuesday, October 13, 2020
12:00 - 1:00 pm
Cash Flow in Retirement: Can a Retirement Income Plan Lead to a Happier Retirement?
Steven Sweeney Director, CFP, CLU, ChFC, RICP, Advanced Planning, Prudential Financial
For years, retirement planning has been focused on the “cash pile,” which often meant determining whether people were saving enough, how much should they save and “what’s their number.” Now with an historic number of Baby Boomers transitioning into retirement, focus will soon shift to the “cash flow.” This presentation will address potential threats to cash flow and strategies to create retirement income certainty.
Continuing Education: 1 CE approved
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Monday, October 19, 2020
3:00 - 5:00 pm
CFP Ethics
Melissa Kemp, CFP®, AEP®, CAP®, CNAP®, Executive Director for the Financial Planning Association of Greater Phoenix.
With the new Standards, the CFP Board of Standards has issued a new Ethics course. Join Chapter Executive Director, Melissa Kemp, for an engaging dive into this fresh information. What’s different about this Ethics Course is time spent discussing context around the new rules, tips and tools for remembering key definitions and decision points, and a chance to practice with assessment questions that prepare you.
This course qualifies toward fulfillment of required 2 hours of CFP Ethics credit.
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Thursday, November 5, 2020
12:00 - 1:00 pm
Texas Real Estate Alternative Investments
Vincent Balagia Owner/Chief Investment Officer, Jeremy Jungbauer Director of Investor Relations, Justin Vollmer Director of Operations, Stallion Capital Management
We will discuss investment planning with an emphasis on Alternative Investments with Texas
Real Estate. It is important to understand what is involved with Alternative Investments and how
to leverage them in order to diversify your investor’s portfolio.
Continuing Education: 1 CE approval pending
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Friday, November 13, 2020
12:00 - 1:00 pm
**NEW - Small Group Virtual Conversations
FPA Austin will be launching new small group virtual conversation circles where members can learn and share from each other about specific and in-depth practice management topics. Our goal is to offer members valuable insights and networking opportunities during a time when in person meetings are not available due to the pandemic. Our first small group virtual conversation circle will be on Friday, Nov. 13th from noon to 1pm CST where we will discuss the question, “What are you doing to ensure your clients are taken care of?”
Details and registration information will be available in the next few weeks.
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Wednesday, November 18, 2020
12:00 - 1:00 pm
Leader-2-Leader: How to Grow Human Capital Faster by Leading Internally
Angie Herbers, Chief Executive, Herbers & Company
There is no shortcut, alternative or way around building leadership skills in a growing advisory firm. But, how do the most successful advisory firms develop, groom and attract talent? The answer is leadership skills within themselves and their teams. Are you an internal leader? External leader? Or can you be both? In this session you will learn how enhancing the leadership function alone can spur, rapid top-line revenue growth without the need for expensive marketing programs and tactics. To understand how the business generates the revenue, you will learn how the firm uses its internal skills, organizational strategies and great people to grow.
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Wednesday, December 9, 2020
12:00 - 1:00 pm
Compliance for RIAs in 2020 and Beyond
Cathy Vasilev, COO/Sr Vice President, Red Oak Compliance
An overview of the new regulations for 2020 and some of the key regulatory focus topics. You will learn about the importance of cybersecurity protocols and how to achieve them, the importance of managing cash and how to calculate fees appropriately, the importance of monitoring outside brokerage and personal securities transactions as well as what to do when you receive a customer complaint.
Learning Objectives:
Understand Reg BI / Form CRS requirements
Cybersecurity Risks
Fee Calculations and their importance
Cash Management- How to perform accurately
Outside Brokerage Accounts and the importance of reviewing them
Personal Trading- What should you look at?
Complaints- How to handle them
Continuing Education: 1 CE approval pending
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New Members and Anniversaries |
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We welcome the following members to our chapter! |
Ronsey Chawla, CFP®, Per Stirling
Brad Crete
Anita Hawks, CFP®, CRPS®, MBA, Charterpoint Wealth Strategies
Kenny Hawthorne, Fairway Independent Mortgage Corp.
Nelson Robinson
Candi Trevino
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20 Years
Kim Mathis-Doumis, Oxbow Advisors, LLC
15 Years
John McGlothlin, Jr, CFP®, Southwest Retirement Consultants
5 Years
TJ Stevenson, CFP®, Austin Asset Management
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FPA Austin Corporate Partners |
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We deeply appreciate each of our Partners. Your support allows our Chapter to thrive! We invite all members to take a moment to reach out to Partners--they would love to talk with you. A list of these can be found at www.austinfpa.org.
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A Message from Gold Partner The Fleming & Conway Agency |
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Cooler weather is just around the corner. What does that mean for insurance? Believe it or not, it is claims involving animals. When it is cold out, small rodents look for somewhere to stay warm. Unfortunately for you, that may be inside the your car wreaking havoc. Also, deer tend to be more active causing accidents. Do you have the right insurance to cover a claim like this? Let us make sure. 512-345-0005. |
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We have added a member highlight section to our monthly newsletter. If you would like to add something about you or your firm, CLICK HERE. We look forward to learning more about our members!
Member: Joel Kenty
Firm: Green Knight Metal Roofing
I am an ex-financial planner who has transitioned into construction. Specifically, Metal Roofing. I like to stay informed of current financial planning trends none-the-less. Looking forward to meeting you all!
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FPA Volatility Resource Center |
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Visit the Financial Planning Association Volatility Resource Center that provides planners with content related to supporting clients during times of uncertainty.
It contains:
- Recently recorded webinars from the FPA on coronavirus and the effect on current market conditions
- Links to information from U.S. Centers for Disease Control and Prevention (CDC), the World Health Organization (WHO), and more
- Research papers, articles and blog posts addressing market volatility and allaying client fears
- and more
As always, please let us know how we can support you.
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Get the Most From Your FPA Membership |
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TAKE FIVE - A quick rundown of five news items from FPA Nationals.
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THANK YOU TO OUR 2020 PLATINUM PARTNERS! |
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THANK YOU TO OUR 2020 GOLD PARTNERS! |
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FPA Austin | 512-261-4159 | admin@austinfpa.org | www.austinfpa.org |
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