April, 2024

President's Message:

April Showers Bring May Flowers

Happy Spring! Please take some time to review the FPA monthly news. We have some significant events, and space will be limited, so register as soon as possible.

Women & Finance Pickleball Event: If you are a lady who plays pickleball or, like me, have never played pickleball and would like to learn, our upcoming Women & Finance Pickleball Social is for you. Check out the details below.

Save-the-date: Our next mixer is scheduled for July 24th at The Whiskey Factory in Detroit. Watch out for upcoming registration details because space will be limited for this member-only event.

Department of Labor's New Proposed Retirement Security Rule: If you have questions regarding FPA's position on the Department of Labor's new proposed Retirement Security Rule, you can check out the links below:

• Proposed Rule
• FPA's letter to the DOL during the public comment period 
• FPA's press release on the issues and a transcript of Patrick D. Mahoney's testimony during the hearings. 

Julie Hall, CFP®, CFT-I ™, MSF

FPA of Michigan

2024 Chapter President

Pro Bono Volunteer Opportunities Available

Advocacy Day

On Monday, April 29th, the FPA of Michigan Pro Bono Committee will be hosting a pro bono event for State of Michigan legislative staffers. During this event, legislative staffers will hear a presentation on a broad overview of a variety of money topics, including budgeting, expense, debt, saving and retirement among other things. At the end of the presentation, staffers will be given the opportunity to sign up for one-on-one virtual meetings with FPA of Michigan volunteers. We are looking for FPA of Michigan members to volunteer to meet with staffers. If you are interested in volunteering to host a one-on-one appointment with a staffer, please click here to complete a short form. Please note, in order to volunteer for this opportunity, you do need to be a CFP® and have completed the FPA Pro Bono Training. Please click here to learn the next steps to becoming a Pro Bono volunteer, including the Pro Bono Training. Please contact committee chair Nick Nauta for more information and to volunteer.

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Gilda's Club - Cancer Support Community

Speakers are needed for two events coming up at Gilda’s Club locations in Metro Detroit. We have presentations from FPA national, so no pressure to put one together on your own. Presentations will be live and via Zoom for those members who are unable to be there in person. After each event, attendees will have the opportunity to sign up for pro bono one-on-one sessions with our trained volunteers using a QR code. Please contact committee chair Sandy Adams for more information and to volunteer.

Speakers are needed for the following events:

Gilda’s Club Royal Oak |“Setting Financial Goals”

Wednesday, May 22nd | 6:00 pm | Live and Zoom

Gilda’s Club Detroit | “Financial Planning Basics”

Thursday, June 27th | 6:00 pm | Live and Zoom

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WSU SAFE Program for Seniors in Need

We are also seeking volunteers to lead webinars on financial planning and literacy tailored to older adults for the Wayne State University Institute of Gerontology's SAFE program. These webinars are part of their monthly ZOOM series on Financial Gerontology, held the first Friday of the month. If you're interested in presenting, please contact Sandy Adams with your topic proposals. 

**Also email Sandy if you're interested in offering Pro Bono one-on-one consulting sessions to seniors in need, should we be able to offer these sessions after the webinars.**

FPA MI | April Webinar

Not All Cyber Insurance Is Created Equal

Tuesday, April 30th | 12:00 pm to 1:00 pm | Virtual through Zoom

Most of us know by now that cyberattacks are a real threat to our financial planning practices. So, what are some cyber claim themes that we should be aware of? Stay at your workstation and experience a virtual presentation to learn more with Rich Carrico, CIC, CAWC, President of Carrico Maldegen Insurance Agency. 

Learn More

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FPA MI | NexGen Virtual Meet-Up

Wednesday, May 15th | 6:00 pm to 8:00 pm | Virtual through Zoom

Looking to make new connections and boost your financial planning career? Join us at our upcoming "virtual" NexGen Meet-Up on May 15th, where you'll learn from experts and fellow professionals alike. Plus, we're thrilled to announce that Lindsay Bryan-Podvin, Financial Therapist and founder of the financial wellness business Mind Money Balance, will join us and share how she filled her practice in under 2 months, offer tips on how to connect with advising clients, and how to know when it's time to refer a client to a therapist. And don't worry if you can't stay for the whole thing - hop on and off as your schedule allows.

Register Here

Click here to check out our discussion at the NexGen March Meet-Up with special guest Douglas Boneparth, CFP®, founder of Bona Fide Wealth.

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FPA MI | Professional Roundtable & Case Study

Wednesday, May 22nd | 8:30 am to 10:00 am | Southfield

As a financial planning professional, you appreciate and believe that financial planning has the power to improve lives. Have you ever wondered how other caring professionals dispense advice, both technical and behavioral, for their clients’ benefit? If so, we invite you to participate in this interactive case study and roundtable discussion to share your wisdom as well as to hear from your peers.

Learn More

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FPA MI | Women & Finance Knowledge Circle Pickleball Social Mixer

Wednesday, May 22nd | 6:00 pm to 9:00 pm | Ann Arbor

Calling all women . . . get ready to serve, volley, and socialize at the FPA of Michigan Women & Finance Knowledge Circle's Pickleball Social Mixer! You're invited to join us for an evening of fun-filled pickleball instruction and matches followed by drinks and appetizers!

Learn More

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FPA MI | July Happy Hour @ The Whiskey Factory

Wednesday, July 24th | 5:00 pm to 7:00 pm | Detroit

More information coming soon!

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FPA MI | 4th Annual Student Success Golf Outing

Friday, September 13th | 10:00 am to 6:00 pm

Forest Akers West Course in East Lansing

Bring your clients and co-workers and enjoy 18 holes of golf at Forest Akers West Golf Course at MSU in East Lansing. Carts, lunch, beer and soda will be available on the course. Afterwards, join us for dinner! All income from this event will be allocated to future financial planners through the FPA of Michigan scholarship program. Because we invite students to participate in the outing, this is also a great opportunity to meet and network with students entering the profession! 

Learn More

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FPA MI | 2024 Annual Symposium

September 26th and 27th | L.V. Eberhard Center in Grand Rapids

Mark your calendar for this not-to-miss event! Look for more information to be shared soon!

Internship/Externship Program from Amplified Planning

The Summer Externship is back for its 4th year! If you are looking to hire an intern, this program offers an excellent model to provide your intern with valuable work and real world experience. Amplified Planning now offers a Financial Advisory Firm Toolkit that will provide you with supplemental guides to provide in-house learning experiences for your interns. 

As outlined on the Amplified Planning website, this is how the program works:

• YOU utilize our guides and tools to set up and map out your interns’ summer internship.
• YOUR INTERNS spend part of their workdays participating in the 8-week Externship program. They receive a certificate after completing each week’s curriculum, which you may request.
• YOU can use our prompts to create in-house learning opportunities that complement The Externship and enhance your interns’ experience.
• YOU ALL have a valuable summer internship experience!

For program details, check out The Took Kit.

FPA of Michigan Featured Member Benefit

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 the new IAR Ethics CE obligations that have been introduced in 18 states. Registration will open July 15th. More details to come!  

Journal of Financial Planning

The April 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. 



Attention FPA of Michigan Members:

It has come to our attention that to be listed on the FPA national website in the “Find a Planner” section, our members need to OPT-IN directly within the national site.

We know how important having visibility on a national scale and site can be, so please take a few moments to update your preferences and information via the link here.

Questions? Reach out to Mary Medonis at info@fpami.com.

Connect With Us



FPA of Michigan

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