In this issue:

• Women & Finance Circle Event with CFA Society of Detroit
• 4th Annual Student Success Golf Outing
• FPA of Michigan 2024 Annual Symposium
• Kitces IAR Ethics CE Day
• October Monthly Webinar
• Networking Happy Hour
• Legacy Planning for Your Clients
• Developing a Framework for Active ETF Due Diligence
• August Journal of Financial Planning
• Thank you to our Partners

In this special collaboration event, please join the FPA of Michigan and the CFA Society Detroit for an opportunity to catch up with your colleagues! 

Network and mingle while enjoying drinks and appetizers, connecting with your peers, colleagues, and the area's top deal professionals!

We hope you will consider participating in the 4th Annual Student Success Scholarship Golf Outing . . . this major event benefits the next generation of financial planners. If you are not a golfer, maybe consider sponsoring a student to golf or become a hole sponsor!

FPA of Michigan 2024 Annual Symposium

Registration Ends Soon!

Don't miss the chance to learn from and collaborate with top industry leaders.

Join us for two days of professional development and networking. Join us on September 26th and 27th as we head back to the L.V. Eberhard Center in downtown Grand Rapids for the FPA of Michigan 2024 Annual Symposium. This year's event offers sessions that cater to your goals, expertise, and experience level, giving you a comprehensive understanding of current trends and professional development. You'll have the chance to hear from industry-leading keynote and breakout speakers and participate in numerous networking opportunities, fostering knowledge sharing and collaboration to enhance your professional network. By attending, you'll leave with practical strategies, insights, and guidance on how to advance your financial planning career.

SAVE-THE-DATE

Kitces IAR Ethics CE Day 2024 is Coming August 29th! 

Mark your calendars for August 29, 2024! If you're an Investment Adviser Representative (IAR) and want to stay ahead of the game, don't miss the second annual Kitces IAR Ethics CE Day. This event is specifically designed to satisfy the 6 hours of high-quality CE content to help you satisfy your IAR Ethics CE obligations (that have been introduced in 18 states) and CFP Ethics Continuing Education obligations. For more information or to register, click here. 

Monthly Webinars

Did you know that the FPA of Michigan hosts monthly webinars

AND THEY ARE COMPLIMENTARY FOR OUR MEMBERS!

Please note that we will not be presenting a webinar in September.

FPA MI | October Webinar

Valuation and Succession

Wednesday, October 16th | 12:00 pm to 1:00 pm | Virtual through Zoom

Stay at your workstation and experience a virtual presentation with John C. Waybright of Valuation and Transaction Advisory Services at Rehmann. The presentation will provide an overview of business valuation for closely-held businesses and the key drivers of value.

Learn More

We invite you to join the FPA of Michigan for a networking happy hour at the North End Taproom in Royal Oak. Come connect and socialize over appetizers and drinks from the self-pour tap wall, offering a selection of 40 options including craft beers, seltzers, ciders, and wines! 

This event promises not only a delightful evening but also a valuable opportunity to expand your professional network.

LEARN MORE

A message from FPA of Michigan Connecting Partner, Jordan Summers, President & CEO of Credit Union Trust.

How to support the next generation—while also supporting your practice.

Many advisors are noticing an increase in conversations about next generation planning. Key factors in this trend include aging clients with higher-than-expected net worth and the current media coverage of the upcoming Tax Act expiration and its implications.

As an advisor, you focus on helping clients build and secure their financial future. However, when it comes to the critical steps needed to ensure that your clients’ estate plans will be properly executed when needed, there may not be a comprehensive understanding of the tools available.

In fact, there are valuable options that may help empower your clients to make the right choice for their families—and increase the likelihood of an ongoing role for you as an advisor—as assets transfer from one generation to the next.  Read more >

Interested in discussing this further?

Look for Jordan Summers at the FPA of Michigan Symposium in September. Or email Jordan at jsummers@credituniontrust.com or call at 248.291.0652.

Tell us more.

Share any questions that you have regarding how this might affect your business. And let us know what factors are influencing or impeding legacy planning. We will share more information in a follow-up article based on your input.

A message from FPA of Michigan Connecting Partner, Patrick Verdon, CIMA® of John Hancock Investment Management.

I'm excited to share our latest white paper, "Developing a Framework for Active ETF Due Diligence", is now available. This resource offers valuable insights into the growing marketplace of active ETFs and provides important factors to consider when evaluating and selecting these funds for clients' investment portfolios.

Since the adoption of the ETF rule in 2019, active ETFs have been gaining momentum with both issuers and investors. However, we've noticed that there may be uncertainty about how to approach the due diligence process for these funds. This white paper addresses that issue by highlighting key considerations that should be kept in mind when evaluating and selecting active ETFs.

We believe that the ETF structure will increasingly be viewed as a preferable way to access active exposure. This resource can serve as a valuable tool for highlighting our knowledge, experience, and capabilities within this space. I encourage everyone to look at the white paper and share with those who could benefit from this information. 

Interested in learning more? Look for Patrick at the FPA of Michigan Symposium in September. Or Call Patrick at (408) 489-1903 or email at patrick_verndon@jhancock.com.

Journal of Financial Planning

The August 2024 issue of the Journal of Financial Planning is now available! Read this month's issue to get caught up on the latest trends and cutting edge research in financial planning. 



Connect With Us



FPA of Michigan

Email: info@fpami.com | Phone: 248-330-7757 | www.fpami.com