September 2007 Symposium
** Please note that 2 hours of ethics CE credit for attending CFPs were given at the FPA of the Triangle's July Symposium, and NOT at the September Symposium.
FPA of the Triangle
5th Annual Educational Symposium
"Decumulation and Retirement Planning:
A Financial Planner's Guide to Funding Boomers' Best Years"
Wednesday, September 19, 2007
7:00 a.m. - 5:30 p.m.
McKimmon Center
North Carolina State University
Raleigh
REGISTER TODAY!
| Registration Fees* |
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| Registrations received by August 17 |
$125.00 |
| Registrations received on or after August 18 |
$150.00 |
| *The registration fees include breakfast and lunch. |
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Time
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Speaker
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Program Topic
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7:00 a.m. – 7:45 a.m.
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Breakfast and Registration
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7:45 a.m. – 9:45 a.m.
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Natalie Choate, Esq.
Bingham McCutchen LLP
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Estate and Distribution Planning For Retirement Benefits
Two (2) CFP and Two (2) Insurance CEUs*
What approaches are available for the client whose major asset is an IRA or other retirement plan? This presentation explains the options available to integrate retirement benefits into the typical estate plan, including funding a credit shelter trust, reducing estate taxes, and how to benefit multiple children or a second spouse.
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9:45 a.m. – 10:00 a.m.
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Break and Exhibit Time
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10:00 a.m. – 12:00 p.m.
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Natalie Choate, Esq.
Bingham McCutchen LLP
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Making Retirement Benefits Payable to Trusts
Two (2) CFP and Two (2) Insurance CEUs*
Learn how a trust can qualify for the life expectancy payout method under the IRS’s “minimum distribution trust rules,” how to determine trust “income” and “principal” when the trust holds an IRA, and other pitfalls of naming a trust as beneficiary of a retirement plan or IRA.
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12:00 p.m. – 12:30 p.m.
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Lunch
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12:30 p.m. – 1:30 p.m.
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Dan Moisand, CFP®
Principal
Spraker, Fitzgerald, Tamayo, & Moisand, LLC
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Financial Planning Regulation Today and Tomorrow
One (1) CFP CEU*
Much change and discussion of current and future regulatory issues facing the financial planning profession has occurred in recent years. Few have had a better front row seat to the debates in the last five years than Dan Moisand. Author of “My Final Exam,” winner of the 2004 Journal of Financial Planning’s Call for Papers competition, Dan will bring his candid views about what is right and not so right with the regulatory and ethical underpinnings of financial planning to Raleigh to prompt thought, dialogue, and foster the resolve necessary to prompt positive change.
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1:30 p.m. – 1:40 p.m.
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Break and Exhibit Time
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1:40 p.m. – 2:30 p.m.
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Lee Schultheis
Chief Investment Strategist and Portfolio Manager
AIP Mutual Funds
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Hedge Fund Strategies in a Mutual Fund
One (1) CFP CEU*
Long the exclusive domain of hedge funds, alternative or hedged strategies are increasingly finding their way into more accessible investment structures. This presentation explores some of these hedged, absolute return strategies, and what to look for in mutual funds that utilize them.
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1:40 p.m. – 2:30 p.m.
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Troy D. Miller
National Director, Income Products
Integrity Life Insurance Company
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Retirement Income Solutions
One (1) CFP CEU and One (1) Insurance CEU*
Retirement Income Solutions is a CE approved course designed to provide a clear understanding of the changing demographics and associated risks of those entering retirement. The course underscores how an immediate annuity may be a viable planning solution to help alleviate such risks. Along with other approaches, we introduce a concept called "Bridging the Income Gap," where an immediate annuity is combined with other lifetime guaranteed income sources in order to cover primary expenses.
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2:35 p.m. – 3:25 p.m.
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Richard H. Durben
Director of Trust Services
Fidelity Personal Trust Company, FSB
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The Baby Boomer Trustee Dilemma: The Agent for Trustee Compromise
One (1) CFP CEU and One (1) Insurance CEU*
This presentation will address the often difficult decision faced by your client when selecting a trustee and will offer a solution: the “agent for trustee.” After quickly putting the growing use of trusts among baby boomers and the history of trustee delegation in perspective, the speaker will highlight the roles and responsibilities of the trustee and the resulting potential risk. The pros and cons of various choices of trustee will then be discussed as well as when each choice might be appropriate. Finally, the “agent for trustee” solution will be introduced as a compromise solution that may offer the best of all worlds.
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Kyle Williams, RFC®, CMPS™, CLA™
Certified Mortgage Planner
Values-Based Lending, Inc.
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Forward, Then Reverse: An Overview of the Reverse Mortgage and Its Alternatives
One (1) CFP CEU*
Issuance of reverse mortgages has grown by over 100% each of the last two years. This is the exploding financial product in the U.S. and its unleashing trillions of dollars of home equity that smart financial advisors are using to improve their client's lives and their own incomes. Most often, the requests are coming from aging boomers. They have learned from their advisors — or from a few minutes with an online calculator — that they are in danger of outliving their savings. They may not be clear on what a reverse mortgage is, but they know they need more money to see them through decades of retirement. This challenge provides an opportunity for advisors who can help clients use a reverse to tap the built-up value of their residence to bridge the gap. For clients who have a firmer retirement foundation, a reverse mortgage can achieve planning and gifting goals. As your client’s trusted advisor, you not only need to understand the mechanics of a reverse mortgage, but also have a clear understanding of alternatives that may be more suitable to your clients’ overall objectives. In this workshop you will learn the challenges that retirees are facing, how a reverse mortgage may be the solution, the pros and cons of the product as well as alternatives, with specific case studies and strategies.
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3:25 p.m. – 3:40 p.m.
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Break and Exhibit Time
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3:40 p.m. – 4:30 p.m.
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Charles D. Robinson, CFP
Senior Vice President of Investment Products & Services
Northwestern Mutual
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Planning for Financial Security: The Lifestyle Income ApproachSM: A New Paradigm For An Affluent Retirement
One (1) CFP CEU and One (1) Insurance CEU*
The Phased Income Approach is an innovative new holistic planning process that helps retirees optimize retirement income while enhancing financial security. Unlike Traditional Methods of retirement planning that start at the beginning of retirement by focusing on a sustainable withdrawal rate, The Phased Income Approach starts at the end of retirement by addressing healthcare, long term care and longevity risks and then works backwards to determine income distributions in four major phases of retirement. On average, The Phased Income Process is able to generate twice as much initial income as conventional methods at Age 65, more income from Age 65 to 95 and enough income beyond Age 95 to minimize the risks of outliving assets, paying for healthcare and providing for heirs. The Phased Income Approach helps retirees increase the marginal utility of retirement income so they can enjoy the early years of retirement when they are healthy, active and vital, without comprimising their long term financial security.
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4:35 p.m. – 5:30 p.m.
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Peter J. Brews, PhD
Associate Professor and Associate Dean, OneMBA Program
Kenan-Flagler Business School, The University of North Carolina at Chapel Hill
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Globalization and Its Effects: Lessons From the Front Lines
One (1) CFP CEU*
An interactive discussion on Globalization and the prospects for America over the foreseeable future.
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schedule and speakers subject to change
* Must attend full presentation for CEUs. No credit will be given for partial attendance.
REGISTER by August 17 and Save $25!
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