Wednesday, August 30, 2017

Bryan Beatty, CFP®, AIF®                             President’s Message

I hope you all had a wonderful summer!

It has been anything short of a boring, slow summer. The fiduciary rule sees additional delays by the Trump administration, but the industry continues to move forward changing platforms, offerings, as well as, due diligence procedures for advice to consumers. The CFP Board dusted off its own best practices and is changing the code of ethics of the CFP Board. They recently ended an extended comment period on these changes. The FPA sent its comment letter to the membership in regard to the Code of Ethics changes proposed by the CFP Board. Take a moment to read both here  and here. It seems that the Code of Ethics will be adopted as proposed. Oh, and then there have been threats of war from Korea, and, well, then there is the circus in Washington DC.

In September, we head back into our luncheon CE programs on September 14th where we have Mary Beth Franklin from Investment News to talk about Medicare Planning. As well, we have an ethics course before that luncheon presented by Rita Cheng at 9 am. Register separately for each part of that day.

Join allied professionals in the CFA Society of Washington for a networking and CE happy hour at the Tower Club on September 19th at 4PM. Contact Jennifer Quigley, 703-734-4618, for details on this event.

Next month on October 12th our luncheon will be at Westwood Country Club with two presentations. Emily Dupree from MFS will present Milestone Marketing and Paul Cieslik of American Funds with a talk about The Advice Revolution. 

Don’t forget to Do One Thing! Our Chapter Committees always need your help and involvement! Please let us know which area you would like to offer your assistance! I look forward to seeing you soon at our upcoming events.

Best Regards,


Bryan Beatty, CFP®, AIF®
2017 FPA NCA President