Sunday, October 5 |
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10:30 AM - 11:45 AM |
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Is All Conventional Financial Advice Wrong? Economics' Approach to Financial Planning |
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Laurence J. Kotlikoff |
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| CFP Board CE credit: 1.5 (pending approval) | |
| Laurence Kotlikoff's ESPlanner (Economic Security Planner) - the first economics-based, commercially available financial planning program - generates recommendations that are very different from conventional advice. The program determines a course of saving, spending and insurance holdings that smooth a household's living standard over time. In seconds, the program can determine how choices such as switching jobs or taking Social Security at an older age affects a household's living standard. Planners can use the information to dramatically raise their clients' living standards and assess the cost of special goals. Globally Relevant: Yes Career Level: All Competency: Technical Knowledge, Critical Thinking CFP® Board Topic List: General Principles of Financial Planning |
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2:00 PM - 2:50 PM |
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Trends in Financial Planning |
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Panel: D. Christopher Brown, Scott B. Smith, and Robert J. Powell, III |
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| What does a typical financial planner look like and how do they compare to other types of financial advisers? Which financial products and services do they typically use? What are the best practices of the most successful financial planners? Will retirement income planning become a vital part of what a financial planner offers clients? D. Chris Brown of Brown Research, Scott Smith of Cerulli Associates and Robert Powell of Unison Associates reveal the answers to those and other questions based on proprietary research conducted about FPA members. Globally Relevant: Yes Career Level: All Competency: Business and Practice Management CFP® Board Topic List: N/A |
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4:30 PM - 5:20 PM |
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FPA Technology Research Results |
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Spenser Segal, AIFA® |
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| Discover innovative solutions to your greatest technology challenges! Learn solutions for client-relationship management, compliance, and other technology problems and solutions. The results of the 2008 FPA Adviser Use of Technology are revealed along with key insights to help you improve your practice. Globally Relevant: Yes Career Level: All Competency: Business and Practice Management CFP® Board Topic List: N/A |
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Monday, October 6 |
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8:45 AM - 10:00 AM |
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Understanding the New Older Consumer: Seven Myths of Financial Planning for Aging Boomers |
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Joseph F. Coughlin, PhD |
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| CFP Board CE credit: 1.5 (pending approval) | |
| The 77 million aging baby boomers are a market force with no precedent, but yesterday's planning tools and sales stories are at best incomplete. In most cases, current strategies will not meet the demands of the next generation of retirees. Drawing upon current research conducted in the MIT AgeLab and from the fields of psychology, gerontology and marketing, this presentation questions seven dominant myths in financial planning and reveals what every planner must know to effectively engage the "new" older consumer. Globally Relevant: Yes Career Level: All Competency: Technical Knowledge, Relationship Skills, Critical Thinking CFP® Board Topic List: General Principles of Financial Planning, Retirement Planning, Estate Planning, Client Trust & Communication |
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4:00 PM - 5:15 PM |
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The Next Generation of Life-Cycle Investment Products |
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Zvi Bodie, PhD, and Paula H. Hogan, CFP®, CFA |
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| CFP Board CE credit: 1.5 (pending approval) | |
| Life-cycle saving and investing theory combined with massive innovation in financial engineering has brought the financial planning profession to a tipping point and has the potential to create a paradigm shift in planning for a client's lifetime financial security. A cascade of new and newly appropriate investment products will soon be available to your clients. During this session economist Zvi Bodie and financial planner Paula Hogan will provide updates on changes and engage you in discussion about what it means for the financial planning practice. Globally Relevant: Yes Career Level: All Competency: Technical Knowledge CFP Board Topic List: Investment Planning |
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