Tuesday, May 28, 2019


Chris Rivers, CFP®
President’s Message

As we enter June we are just a few short days away from our marquee Spring Symposium.   If you haven’t, please register now as we have one of our best spring lineups in years.

Mary Beth Franklin of InvestmentNews will kick things off in the morning with an overview of current Social Security strategies. We’ll hear about new opportunity zone investment vehicles from Doug Goff at Hines, and Peter Mazareas from Legg Mason will delve into estate planning techniques using 529 plans. 

Christopher Huemmer from FlexShares will present on factor based investing and economic cycles, and Rob Kuharic from Russell Investments will give us an overview of the economy and the market as the second quarter winds down.   We’ll round out the day with David Lau from DPL Financial Partners on insurance and the planning process, and a keynote presentation from nationally renowned CPA and speaker Ed Slott on IRA strategies.  Be sure to stick around afterwards for a networking happy hour in the lobby bar.

Switching gears, I am thrilled to announce that Grace Rogan of KCR Wealth Management has joined our board as Co-Chair of the NexGen committee.  Grace has volunteered her time for the chapter and helped to coordinate NexGen events locally, so she is a natural fit and we are lucky to have her on-board.

Speaking of NexGen, at the end of the month, we have a NexGen / Summer Intern Happy Hour at Tysons Biergarten on 6/27.  It should be a great networking event for our thriving NexGen community, and all the new summer interns hired at our career fair back in February.  If you have an intern in your office this summer, please encourage them to attend.

Lastly, look for details soon on the date and location of the annual NexGen Retreat.

Thank you again to everyone who came out for our annual charity golf classic at 1757 Golf Club. It was another successful year raising money for the Foundation for Financial Planning, as well as the chapter’s local charitable efforts.  Congratulations to Cal Brown’s group for posting the low score, and to Mark Johannessen who cleaned up on raffle prizes at dinner.

We are proud of the money we have raised for the Foundation over the past 26 years. However, we can’t help but notice that attendance has been dwindling in recent years.  We are open to changing the way the tournament is setup and scheduled, or even looking at other events entirely, if it will increase the support we can give to our community.  Please let us know if you have any ideas on how we can grow this event.

In the meantime, I look forward to seeing you all on June 6th!

All the best,
Chris
Chris Rivers, CFP®
2019 FPA NCA President
CRivers@AFMFA.com

Tuesday, April 30, 2019


Chris Rivers, CFP® 
President’s Message

As we enter May, we all breathe a sigh of relief that tax season is over, and many of us are getting a first look at clients’ tax returns under the next tax bill.  The changes to the tax system bring with them new planning opportunities, and we will hear about a number of these at our Spring Symposium, June 6th at the Dulles Hyatt.

Mary Beth Franklin of InvestmentNews will kick things off in the morning with an overview of current Social Security strategies. We’ll hear about new opportunity zone investment vehicles from Doug Goff at Hines, and Peter Mazareas from Legg Mason will delve into estate planning techniques using 529 plans.  

Christopher Huemmer from FlexShares will present on factor based investing and economic cycles, and Rob Kuharic from Russell Investments will give us an overview of the economy and the market as the second quarter winds down.   We’ll round out the day with David Lau from DPL Financial Partners on insurance and the planning process, and a keynote presentation from nationally renowned CPA and speaker Ed Slott on IRA strategies.  Be sure to stick around afterwards for a networking happy hour in the lobby bar. Our program has been approved for 8 CFP CE, 8 MD Insurance CE, 8 VA Insurance CE and 8 CIMA CE. We will also offer CPA CPE. You don’t want to miss this year’s Spring Symposium.

I also wanted to take some time to highlight the pro bono opportunities we have coming up on the calendar. Many of you are familiar with the work of the Foundation for Financial Planning. The Foundation is in the midst of a major initiative to bring pro-bono financial planning advice to families battling cancer.  You can volunteer or donate to the initiative here.

Over on Capitol Hill, June 5th is Financial Planning Day for staffers. This event is organized by the national FPA office and provides education to congressional staffers on financial planning and our industry.  Lastly (for now), we have a tentative date of June 18th set for a planning day at Quantico Base in Lorton for our service members.  More info will be posted as soon as we have it. 

You may have seen recent coverage regarding an update to the plan of reorganization proposed by FPA national earlier this year.  The original plan generated significant discussion online, in the press, and amongst chapter members, as noted in my January message.  FPA national leadership visited DC in January, and we had a great turnout as FPA NCA made its voice heard in a lively, open and amicable discussion. 

It is clear that FPA national listened to that feedback and took it to heart. The recently released updated plan essentially hits the “pause” button on the major initiative of dissolving the chapters and becoming one organization.  Instead, a beta test of 10 chapters from around the country will be formed later this year, and the idea will be tested and shaped on a small scale in 2020.  While we will not be one of the beta test chapters, we will be eager participants in shaping the FPA of the future.  In the meantime, our community will continue to operate as it has for more than 20 years. 

As always, please let me know how the chapter can better serve you the members. I look forward to seeing each of you at an event in the near future. 

All the best,
Chris
Chris Rivers, CFP®
2019 FPA NCA President
CRivers@AFMFA.com

Friday, March 29, 2019


Chris Rivers, CFP®
President’s Message

Spring finally seems to have arrived here in DC, and with it all of the usual rituals – March Madness, Nationals opening day, spring break, and last but not least, tax time.

Just after the deadline, on April 18th we have a happy hour event with CE scheduled in Georgetown, and the topic is, you guessed it…taxes. Tom Flynn from Russell Investments will be presenting to us over drinks and snacks. 

That follows on heels of two particularly timely presentations this March – Ben Lewis’s media training and retired FBI agent Jeff Lanza’s cybercrime talk.  Ben and Jeff gave us actionable steps to take back to our practices and for our clients, and we were grateful to have spent time with each of them.

One of our prime directives in the chapter this year is to devote additional resources to our programs, and the caliber of our speakers.  To that end, we have a great program lined up June 6th, with Mary Beth Franklin and Ed Slott headlining.   Be sure to register before the early registration discount expires May 1st

We also have a number of fun, smaller events on the calendar over the coming months.  On April 25th we have a happy hour to celebrate the end of tax season at Kalypso’s Sports Tavern in Reston.   The following week, we have our annual Charity Golf Classic on May 2nd at 1757 Golf Club. 

For the Nexgen folks, we have a study group on deck June 11th, followed by a happy hour and summer interns bash on June 27th at Tysons Biergarten. 

Lastly, we would love to hear any feedback you have about how to make your experience better as a chapter member.  To that end, we sent a survey out last month (with two $100 gift cards raffled off to participants).  We received about 55 responses, with a lot of valuable feedback and suggestions on ways to elevate the chapter. 

But, our chapter is 800+ members strong, so we need to hear from the rest of you.  Yes, I realize that if you’ve made it this far into this message, you’re probably one of those that responded to the survey.  But we all have friends and colleagues who are not active members, or not FPA members at all. Talk to them about the value you get from our chapter, and ask what might interest them in a chapter event. 

Imagine the networking opportunities, speaker budgets, value to sponsors, and community we could build if we could engage more of our 800 members, along with the thousands of potential members. The more planners we engage, the more we elevate the chapter experience and the profession in general.  

A great place to start is the June Symposium.  With such a star-studded lineup on deck, we’d love to see some new faces. Please spread the word to your colleagues, invite someone you don’t typically see at an FPA event, and encourage them to come out and see what FPA NCA has to offer.

Lastly, we are excited to welcome Grace Rogan of KCR Wealth to our Board of Directors. Grace will be co-chairing our Nexgen Committee with Emily Purdon.

Thank you for being a part of our vibrant FPA NCA community.  We look forward to seeing you soon.

All the best,
Chris
Chris Rivers, CFP®
2019 FPA NCA President
CRivers@AFMFA.com