Agenda
All sessions listed below are in Eastern Standard Time Zone (EST).
Sunday, March 24, 2024
On March 24, earn 2.0 CFP® CEs and 2.0 NAPFA CEs for CFP® Board’s Revised Code and Ethics program.
4:00 PM - 4:30 PM
Registration
4:30 PM - 6:30 PM
CFP Board Ethics CE
This program fulfills the requirement for CFP Board approved Ethics CE. It has been designed to educate CFP®️ professionals on CFP Board's new Code of Ethics and Standards of Conduct effective October 1, 2019. This program also features the 6 required learning objectives including fiduciary duties and practice standards.
Learning Objectives:
- Understand the structure and content of the revised Code and Standards, including significant changes from prior rules
- Describe CFP Board’s Fiduciary Duty
- Identify Material Conflicts of Interest and How to Avoid, or Fully Disclose, Obtain Informed Consent, and Manage Them
6:30 PM - 7:30 PM
Networking Reception
Monday, March 25, 2024
On March 25, earn 5.0 NAPFA CEs and 5.0 CFP® CEs.
7:30 AM - 8:30 AM
Registration / Breakfast
8:30 AM - 8:40 AM
Opening Remarks
8:40 AM - 9:40 AM
Major Changes to the College Landscape in 2024
SECURE Act updates have introduced significant changes to the college financial aid process in 2024 that will require new planning strategies for both parents and grandparents. New are rules around the 529 plans and other college contributions, how multiple students in college are treated, financial aid for divorced families, and more. Certain middle- and upper-income families will qualify for less financial aid as a result and will need to plan differently. Colleges have also shifted their admission and scholarship policies to favor certain criteria. Learn about these changes to help families successfully navigate the process and minimize debt.
Learning Objectives:
- Learn why college is so much harder to pay for today vs. 30 years ago
- Understand the difference between need-based aid and merit-based aid
- Learn what impact Test Optional, Secure Act, and FAFSA changes have had on the college search and pricing process
9:50 AM - 10:50 AM
How to Improve Retirement Outcomes and Experiences with Adjustment-Based Planning
Justin Fitzpatrick, PhD, CFA, CFP®️
Advisors and researchers have long commented on the need to adjust spending through retirement to accommodate changing circumstances. This session will investigates how adjustment-based retirement income planning differs from accumulation planning and examines how this shift affects investor psychology and improves client experience. We'll also look at evidence from historical stress tests that spending adjustments tend to be less extreme than researchers and advisors had previously feared.
Learning Objectives:
- Understand the nature of income risk in retirement and how this differs from many retirees' assumptions
- Learn how communication choices affect client behavior in accumulation and distribution and why success/failure framing can lead to poor experiences in retirement
- Become familiar with "risk-based guardrails" for adjustment-based retirement income planning and management
11:00 AM - 12:00 PM
The Four Phases of Retirement: Beyond Dollars and Cents
Despite common belief, retirement takes more than financial planning. And while your clients may be financially ready to spend up to 1/3 of their lives, perhaps 30 years or so in retirement, they must also prepare psychologically for the changes and challenges that almost always accompany it. In this session Dr. Moynes will outline the following topics: The Four Phases of Retirement, The Five Unavoidable Losses, The Three D’s, and The Keys to Reaching Phase Four.
Learning Objectives:
- Understand how to identify The Four Phases of Retirement
- Learn how they can help clients address the psychological changes and challenges that almost always accompany retirement
- Understand how they can help clients reach Phase Four---the most meaningful and satisfying Phase
12:00 PM - 1:00 PM
Lunch
1:00 PM - 2:00 PM
Equity Compensation + Taxes: Enough to be Dangerous
John Owens, CFP®️, EA, ECA, CPWA®️
This presentation will cover various tax characteristics of equity compensation. It will provide advisors with tips for how to avoid tax landmines associated with equity comp tax reporting, practical examples from real-world client experiences to ensure your clients don't get caught in equity comp tax reporting traps.
Learning Objectives:
- Understand how the most common forms of equity compensation are taxed
- Understand when the most common forms of equity compensation are taxed
- Learn how tax reporting on equity compensation provides a unique opportunity for advisors to provide value and ensure accuracy
2:10 PM - 3:10 PM
How I Would Hack You: Confessions of an Ethical Hacker
James Carroll, Co-Founder and Ethical Hacker at Hacket Cyber gives us a look under the hood of how it’s done by the pros. Carroll has been professionally hacking networks for more than a decade, protecting the data of clients ranging from NFL teams to advisory firms. Carroll will outline the most common ways attackers are breaching networks and cover critical components that advisory firms must know to protect their networks from attackers.
Learning Objectives:
- Understand how modern hacks are occurring
- Learn attackers pick and choose their targets
- Understand how to protect your firm and your customers from hackers
3:10 PM - 3:20 PM
Closing Remarks
Thank You, Sponsors!
