Investing Beyond the Cycle: A Guide to the Markets | Preceded by the PFP Distinguished Service Award

Jun 5, 2023 9:30am ‐ Jun 5, 2023 10:45am

In early 2023, markets remain focused on the macro environment, finding comfort in lower inflation but concerned about increased recession risks from tighter monetary and fiscal policy. The Fed has mostly maintained its hawkish messaging, but appears set to pause rate hikes in the first half of the year. For investors, it is also important to look beyond the cycle, as this year’s global reset in valuations presents a much broader menu of investment opportunities than existed a year ago. Using slides from the Guide to the Markets, Dr. David Kelly will shine some light on these issues and their investment implications.

Are you Leading with Inclusivity? (All Tracks)

Jun 5, 2023 9:30am ‐ Jun 5, 2023 10:45am

Being an active inclusive leader is not always easy, but it is an important trait of leaders. We will explore the topic of leading with inclusivity and provide practical tips and steps that can be incorporated into your leadership style immediately. You will go on a journey that will deepen your knowledge on the topic and learn how embracing inclusivity can increase connection and employee engagement in the workplace.

5 Years Before and 5 Years After Retirement

Jun 5, 2023 11:15am ‐ Jun 5, 2023 12:05pm

The decisions that clients make in the five years before and after retirement can make a difference in their retirement success. It's also the time the clients are most likely to be willing to listen to advice and to make the necessary adjustments to their retirement plan that are needed to retire well.

How to Keep Your Practice Running Smoothly

Jun 5, 2023 11:15am ‐ Jun 5, 2023 12:05pm

Efficiently managing an independent wealth management firm involves focusing on key areas to ensure smooth operations, client satisfaction, and growth. In this presentation, we'll discuss essential strategies, including:

* ORGANIZATIONAL SYSTEMS: Implement effective client management and documentation processes.

* TECHNOLOGY INTEGRATION: Utilize CRM software, financial planning tools, and automation.

* CLIENT ONBOARDING AND RETENTION: Create a comprehensive onboarding process and prioritize relationship building.

* STAFF TRAINING AND DEVELOPMENT: Foster a culture of collaboration, growth, and continuous improvement.

* COMPLIANCE AND RISK MANAGEMENT: Stay up-to-date with regulatory requirements and best practices.

* BUSINESS DEVELOPMENT AND MARKETING: Develop a robust marketing plan, leveraging online and offline channels.

* TIME MANAGEMENT AND WORK-LIFE BALANCE: Establish efficient practices, delegate tasks, and prioritize self-care.

Join us as we explore actionable insights to optimize your wealth management practice.

Social Security Compared to Annuities - Income Streams

Jun 5, 2023 11:15am ‐ Jun 5, 2023 12:05pm

Social Security provides a unique form of inflation-adjusted income that protects against purchasing power and longevity risk. A retiree can buy more Social Security income by choosing to delay claiming until age 70. This requires spending down financial assets to bridge the delay period. This presentation discusses the value of delayed claiming by introducing the rules used to estimate lifetime income increases, evaluating bridging strategies, and comparing delayed claiming to the cost of private annuities. Some retirees will benefit more than others, and advisors should recognize when it is optimal to delay claiming and the unequal impact claiming at different ages has on retirement wealth.

Planning Nuggets for CPAs (EST, TAX, PFP)

Jun 5, 2023 1:30pm ‐ Jun 5, 2023 2:45pm

This course will review creative practical planning strategies for use with a wide range of clients from very wealthy to more moderate wealth. How to structure a note sale transaction to better withstand an audit? How to use a Wandry clause without risking an estate inclusion challenge to all entity interests under Powell argument. How to plan ownership of FLP and LLC interests to avoid estate inclusion using a special voting membership interest. Prioritizing allocation of GST exemption on gift tax returns for multiple trusts. For smaller clients evaluate options for existing credit shelter trusts. Creative use of a multipurpose ILIT to accomplish a range of goals in a cost effective manner for smaller clients. A host of other planning tips will cover a wide range of planning considerations for all types of clients with a focus on a value add role the CPA can play.

Partner Divorce and Retirement - Breaking Up is Hard to Do

Jun 5, 2023 1:30pm ‐ Jun 5, 2023 2:45pm

Our session will concentrate on breakup of professional partnerships, LLCs and PLLCs. A recent Tax Court decision provides guidance and highlights tax traps to avoid. We will analyze practice goodwill and client based intangible assets and how they are treated under various methods. The special partnership provisions applicable to sales and redemptions will be contrasted.

Women in Finance - Our Seat at the Table (All Tracks)

Jun 5, 2023 1:30pm ‐ Jun 5, 2023 2:45pm

Women have fought long and hard for a seat at the table in finance – are we there? If not, how can we get there? What can you do in your career to get your seat at the table? Join us to hear the stories of three accomplished women in finance, and their thoughts on where we are with women in our profession. Men, please join as well, as male advocates and perspective are very important!

Fan the Flames: Grow Your Practice By Understanding the Needs of the FIRE Community

Jun 5, 2023 1:30pm ‐ Jun 5, 2023 2:45pm

Followers of FIRE (financial independence, retire early) principals are often assumed by the financial industry to be financially naive. As such, they are often dismissed and even ridiculed by financial professionals who "know better." Understand the powerful principles practiced by this community, the pain points they face that lead them to seek financial advice, and how by embracing this community and understanding their needs you can grow your practice.

Navigating Uncharted Opportunities with AI and Personal Financial Planning

Jun 5, 2023 1:30pm ‐ Jun 5, 2023 2:45pm

Join our panel discussion featuring CPA financial planning practitioners and FinTech providers as they explore the benefits, risks and possibilities of AI-powered financial planning. Discover how AI is transforming the industry and learn how to leverage this technology to offer more personalized, efficient, and effective financial planning services to your clients.