Chris Rivers, CFP®
President’s Message
Hello. I hope you’re all having a great start to your
summer and are finding some time to recharge your “batteries” and gear up for
the second half of the year.
We have what is sure to be a popular event scheduled
for July 11th. We kick things off with ethics from Dan Candura at a
reasonable hour of the morning, followed by a luncheon talk from behavioral
finance expert Morgan Housel. Sign up
now if you haven’t already.
For those with NexGen team members, this would be an excellent
program for them to attend. Morgan
writes an on-going blog for Collaborative Fund focuses on the intersection of
investing, statistics, and behavior. You
can get a flavor of his views in his pieces on pessimism,
spending,
and the power
of compounding.
We had a wonderful Spring Symposium last month,
bookended by Mary Beth Franklin and Ed Slott. In between we got a primer on
opportunity zones from Hines, a market update from Russell Investments, and a
run through of 529 strategies from Legg Mason.
FlexShares walked us through an overview of factor investing and market
cycles, and David Lau presented on commission-free insurance and annuities. At lunch, we presented Alex Armstrong with the
Planner of the Year award, and watched a touching presentation on the impact of
Foundation for Financial Planning’s ProBono4Cancer initiative.
Our chapter supported several pro bono activities in
June. On June 5th, in conjunction with Advocacy Day on Capitol Hill,
FPA members from across the country volunteered to provide free, no-strings
attached financial planning advice to Hill Staffers on our Financial Planning
Day on Capitol Hill event. The event was a major success!
In addition, our chapter supported FIT for a Financial Readiness Clinic on June 18 at Marine
Corps Base Quantico that provided one-on-one financial counseling to 64
Marines ranging from Corporal to full Colonel. Fifteen financial
planners from our chapter provided these services. The service members who participated
shared that they learned important steps for getting their finances under
control and plan to follow-up with the Personal Financial Management Specialist
at Quantico. Financial Independence Training (FIT) is dedicated to increasing
military financial readiness and inspiring service members to achieve financial
independence.
In our office, we spend the summer catching up on
long-term projects, team building, and travelling to meet with out of town
clients. In the FPA, we spend the summer
finalizing our fall line-up of programs. Please let us know if you have a topic
or speaker you’d like to hear.
In the meantime, have a wonderful 4th of
July. Thanks so much for you all that
you do for our community.
All the best,
Chris
Chris Rivers, CFP®
2019 FPA NCA President
