FPA Dallas/Fort Worth

MARCH 2018 NEWSLETTER

View our 2018 Calendar Online

Click here to view the full online 2018 FPA DFW event calendar. Additional events will be added throughout the year.

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Moving Forward Together #FPADFWCONF2018

Join us for topics on:


Practice Management, Succession Planning, Wealth Psychology, Compliance, Investment News: 40 Under 40 Panel Discussion, & More!


Keynote Speakers for 2018 Include:

Tax Planning Developments & Opportunities Under TCJA

The Tax Cuts and Jobs Act (TCJA) of 2017 enacted the biggest tax reform overhaul in decades, especially for corporations, where the AMT was repealed, and the top tax rate was reduced from 35% to 21%. When it comes to individuals, though, TCJA was more of a series of tweaks than a total overhaul, including a modest reduction in tax brackets, an expansion of the standard deduction, and the curtailment or elimination of many (but not all) itemized deductions (including the deduction for a financial advisor’s own investment advisory fees!). The end result is a system in which most individuals will no longer itemize deductions at all, though those that can will need to be especially proactive in deduction lumping and charitable clumping to maximize their value. At the same time, the introduction of a new 20% Qualified Business Income (QBI) deduction for pass-through businesses creates an appealing tax break for many small businesses, and a potential desire to restructure existing business arrangements to better qualify for the deduction… although Specified Service businesses, including consultants and financial advisors themselves, must plan carefully to take advantage of the new rules!

Keeping Down Healthcare Costs: Empowered Patients & Health Insurance Choices

The health care system has run amok and health care costs are one of the biggest worries your clients face. Dr. McClanahan will discuss what you can do to help your clients pick the best health insurance to fit their needs and to utilize the health care system effectively to help manage their health care costs. She will share how to help your clients become an empowered patient with will lower costs and improve the health care they receive.

Rules vs Principles

Fraud examiners, Auditors, Regulators, and Underwriters look for “fraud”, but fraud is a narrowly defined term. Usually, these experts look for embezzlement, bribery, and the forging of incorrect financial entries. This “traditional” definition of fraud does not include a very significant component of fraud, namely “loopholes”. Loopholes, simply stated, are contrived structures that technically adhere to a rule (or at least obtain an opinion attesting to technical compliance), but that contravene the purpose, or principle, of the rule. Read more.....

Reverse Mortgages: The Cinderella of Retirement Planning

Financial advisors have long looked at Reverse Mortgages as the "Loan of Last Resort" -- the ugly stepsister of the retirement planning story. This workshop will create a major paradigm shift in your thinking . The instructor explains how recent program changes and groundbreaking research by the financial planning industry and noted academics have overwhelmingly proven the necessity of using reverse mortgages at the age of 62, not 82. With 10,000 Baby Boomers turning 62 daily and over $6 trillion in Home Equity amongst your senior clients, reverse mortgages just may be the late coming Cinderella to the retirement ball that fixes the retirement crisis we are facing. This course will be covering how a Reverse Mortgage can reduce tax obligations, decrease Sequence of Returns Risk, increase Portfolio Survivability, and effects your Retirement Income Efficiency.

Featured Breakout Session Speakers:


  • Susan Bradley, Sudden Money Institute
  • Leanne Young, Brain Performance Institute
  • Matt Vega, Intercon Health
  • Joel Weintraub, Humor for the Health of It
  • Thomas Giachetti, Stark & Stark
  • Elizabeth Morris, Insight Research Corporation
  • Kathleen Kingsbury, KBK Wealth Connection
  • Joe Messinger, Capstone Wealth Partners
  • & Numerous Others!


Don't miss this opportunity to hear from our industry's leading experts! Attendees may receive up to 14 CE for CFP, CPA, CIMA, NAPFA, TDI (including TDI Ethics). This year's conference will feature a NEW conference app, technology lounge, charging station, free wifi & complimentary Starbucks coffee bar.

LEARN MORE & REGISTER ONLINE

REGISTRATION DEADLINE: MAY 4

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March 29, 2018 - Globe Life Park

The Financial Planning Association of Dallas/Fort Worth is pleased to invite you to attend the 17th Annual Texas Rangers Opening Day event. CFP ethics will also be offered at this event! TICKETS ARE $120 PER PERSON. Space is limited and the event will sell out. This event is for current FPA members and corporate partners only. DETAILS & ONLINE REGISTRATION

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The primary aim of our Chapter, and the FPA as a whole, is to be a community that fosters the value of financial planning and advances the financial planning profession. Part of advancing the financial planning profession is promoting the CFP certification marks as the cornerstone of our profession. To this end, our Chapter has established the FPA DFW Scholarship Program, which is a merit-based program for qualified CFP® candidates across the state of Texas.


The FPA DFW Scholarship Committee has established 2 types of awards


Type 1: CFP® Exam Fee Reimbursement Scholarship ($600 value)

  • Dennis Carpenter,CFP® Merit Scholarship
  • Peggy Everson, CFP® Memorial Merit Scholarship
  • Pamela Yip Memorial Merit Scholarship
  • Quest Capital Management Merit Scholarship in Honor of E.W.”Woody” Young, CFP®
  • FPA DFW Professional Development Merit Scholarship


Type 2: CFP® Exam Preparation Scholarship ($900 value)

  • Keir Professional Development CFP® Prep Course Scholarship


Complete application packages must be emailed or postmarked on or before: March 31, 2018.

CLICK HERE for a PDF Application

Questions? Contact scholarship@fpadfw.org or call Amanda Lott at (201) 320-4129

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Looking to Hire Your Next Star?

Click here to view resumes from FPA DFW Career Day 2018!

We have a great resource for you! Resumes from FPA DFW Career Day 2018 are now available for FPA members to access. There are many great candidates looking for full time or internship positions. Check them out today! FPA DFW member log in is required.
RESUME RESOURCE CENTER

FPA DFW member log in required

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The FPA Political Action Committee (PAC), the only PAC that promotes the advancement of the financial planning profession, needs your support. Big challenges within the fiduciary landscape are expected this year and we need your assistance in educating members of Congress about legislation that would dismantle or delay the DOL fiduciary rule. Help us fight for measures to protect you and your practice. Make a contribution today.

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Australia: Sydney, Melbourne | 10 days | August 23 - September 1, 2018 | $6,499

Our Financial Planners Journey will take us to Australia for a 10 day career enrichment experience! What better way to learn and grow than to experience firsthand the role of financial planners in Australia? The primary professional objective of this journey is to seek a better understanding of the practice of personal financial planning, as well as the development of the financial planning profession in Australia, through conversation with local financial planners. The program is being coordinated in conjunction with Financial Planning Association (U.S.) and the Financial Planning Association of Australia. And, let's not forget, you will have the opportunity to explore the artistic and iconic Sydney Opera House along with other well-known locales including the Blue Mountain World Heritage Site and Great Ocean Road.

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Welcome New Members!

View National FPA's Your Membership Advantage Discounts!

Riley DeShazo, CFP® - Carter Financial Management

Dimitrian Jiminez

Austin Mitchell, CFP®
Charles Thomas, CFP®, CPA - Cain Watters & Associates
Eric Turner, CFP®- Mutual of Omaha
Adrienne Upchurch, MBA, CFP®,CLU - SmithConway
Shay Wiggins, CFP® - Fidelity Charitable

Rosemary Wright, CFP® - Wells Fargo Bank

Congratulations on Your Member Anniversary in March & April!

35 Years

Ken Link, CFP®, CFA - Link Financial Corporation


25 Years

Kalita Blessing, CFP®, CDFA - Quest Capital Management, Inc.
Terry Doyle, CFP® - Doyle & Associates

Jeff Schmeltekopf, CFP® - Dean Jacobson Financial Services, LLC
R.B. Wilshire, CFP®


20 Years

J. Richard Joyner, CFP®, CPA, CIMA®, CPW - Tolleson Wealth Management

Debra Keitzer Outlaw, CFP® - Perryman Financial Advisory, Inc.


15 Years

Ricky Bingham, ChFC, CASL, CLU - RL Bingham Financial Group
Ryan Blair, CFP® - SFMG Wealth Advisors

David Ragan, CFP® - Grunden Financial Advisory, Inc.

Gregory Reed, CFP® - Smith, Frank & Partners


10 Years

Diana Bacon, CFP® - Financial Strategies Group

Frank Fairbanks, CFP®, CPA - RGT Wealth Advisors

Devonee Kershner, CFP® - Lee Financial Corporation
Joseph Mbiene, CFP® - LifeTrack Financial Advisors

Martin Rasmussen, CFP®- Global Financial Advisory

Sharon Sahm, CFP® - Fidelity Investments


5 Years

Chris Massey, CFP® - Frost Wealth Advisors

Wes Shannon, CFP® - SJK Financial Planning, LLC

David Totah, CFP®

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Are you connecting with your peers on FPA Connect?

Have questions about a planning issue? Need guidance from your peers on a critical business challenge? Well, look no further than the All-Member Open Forum on FPA Connect. This online community is bringing together thousands of our financial planning peers who are eager to share their thoughts and best practices on a wide variety of issues important to you. Access FPA Connect and the All-Member Open Forum today!

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Thank you to our 2018 FPA DFW Corporate Partners!

We invite you to consider our outstanding FPA DFW Corporate Partners for any business needs you may have. Click on the following link for a full list of companies and their contact information. http://www.fpadfw.org/page/2018CP
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A Trusteed IRA for some clients provide a simple financial planning tool to deal with distributions and asset protection for their IRA beneficiaries. Some IRA owners have concerns about distributions and want a type of pension plan versus the beneficiary can take 100% anytime. Texas does provide asset protection for non-spouse inherited IRAs but it is not as tight as with a Trusteed IRA. It is a solution not the solution. The SmartIRA™ is a Trusteed IRA for financial advisors giving their clients an option previously only offered by large national brokerage firms, mutual fund companies and large banks. Click here to read more…..
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