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2017 Symposium Keynote Speakers
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FPA Houston Financial Planning Symposium Speakers & Topics

 

Download the schedule of events

 

CE CREDITS

Based on the sessions attended, attendees will receive up to 7 CE credits.

 

CE credits applied for: CFP, CPA, CIMA, NAPFA CE
CFP CE will be filed electronically by FPA.  NAPFA & CIMA CE must be self reported by the attendee, however, FPA will provide you with a proof of attendance certificate for filing purposes.


 

KEYNOTE SPEAKERS

 

 

 1.5 CE


Financial Planning: It's Not Just for Boomers Any More


Alan Moore, MS, CFP® 

Co-Founder, XY Planning Network


The financial planning profession is undergoing rapid change as members of generations X and Y, the “now” generation, join baby boomers in seeking financial advice. To properly serve this increasingly important demographic, firms must evaluate each element of their business. Join us for this exciting presentation as we evaluate:

Strategies for attracting and retaining young advisors at your firm

How to develop services that will engage and retain younger clients

Business models, marketing techniques, and technologies than can help you guide your firm into the future

  Speaker Bio: Alan Moore, MS, CFP® is the co-founder of the XY Planning Network, a support network for advisors looking to serve next generation clients. He is also the CEO of AdvicePay, the first and only compliant payment processor for financial advisors. He is passionate about helping financial planners start and grow their own fee-only firms to serve Gen X & Gen Y clients largely ignored by traditional firms. Alan has been recognized by Investment News as a top “40 Under 40″ in financial planning, by Wealth Management as one of a “The 10 to Watch in 2015″, and was the first recipient of the NAPFA Young Professional award in 2015. Alan frequently speaks on topics related to technology, marketing, and business coaching, and has been quoted in publications including The Wall Street Journal, Forbes and The New York Times. He is also the host of XYPN Radio, one of the largest podcasts for independent financial advisors. He currently lives in Bozeman, MT so that he can hit the slopes on powder days.



 

Reverse Mortgages:  The Cinderella of Retirement Planning


Harlan Accola 

Director of the Reverse Mortgage Division at Fairway Independent Mortgage

 

 

1 CE

Financial advisors have long looked at Reverse Mortgages as the "Loan of Last Resort" -- the ugly stepsister of the retirement planning story.  This session will create a major paradigm shift in your thinking.  Harlan 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.  

 

Speaker Bio:  Harlan Accola is the Director of the Reverse Mortgage Division at Fairway Independent Mortgage. He has been originating mortgages for over fifteen years.  In addition, Harlan is a Certified Reverse Mortgage Professional, a Registered Financial Consultant, a Certified Senior Advisor, and a Senior Mortgage Planner.  Harlan is an advocate for the research on Reverse Mortgages completed by Dr. Wade Pfau Ph.D., CFA Professor of Retirement at The American College, Professors John Salter Ph.D., CFP & Harold Evensky CFP at Texas Tech University, and Dr. Barry Sacks Ph.D. JD Tax Law, that demonstrates a Reverse Mortgage is better used early-on as financial-planning tool rather than a “loan of last resort”. 

 

The goal of Harlan is to better educate retirees and pre-retirees along with their advisors on the advantages of using a Reverse Mortgage for Financial and Estate Planning.  Harlan is married to his wife Brenda and they have four sons. Ben is an attorney, Josh is an engineer, Luke works in commercial lending and Isaac is pursuing a degree in business at the University Wisconsin in Madison.

 

Founded in 1996 by Steve Jacobson, and named by a childhood best friend, colleague, and forever member of the Fairway family, Randy Cross, Fairway Independent Mortgage Corporation is headquartered in Madison, Wisconsin and Carrollton, Texas.   At Fairway, customer service is a way of life. Fairway is dedicated to finding the best rates for customers along with some of the fastest turn-times in the industry.  The goal is to act as a trusted advisor, providing highly-personalized service and helping throughout every step of the process. It is all designed to exceed expectations, guarantee satisfaction, and earn trust.

 

Fairway Independent Mortgage is the seventh-largest mortgage company, including banks, in the nation. Fairway’s total origination of mortgages in 2016 was over sixteen billion dollars.  In addition to Reverse Mortgages, Fairway is a direct seller/servicer of conforming loans to Fannie-Mae & Freddie-Mac, and a direct seller/servicer of FHA/VA/USDA loans to Gennie-Mae. Fairway also offers Jumbo Mortgages along with specialty products such as Interest-Only loans, Doctor loans, and Non-Warrantable Condominium financing.


  Rules Versus Principles

Andrew S. Fastow 

Former Enron CFO

 

1.5 CE

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. 

 

Beginning in the 1980’s, there were two major systemic changes that gave rise to the “loophole” industry.  The first was the advent of “structured finance”.  The second was the explosion in the complexity of accounting, tax, and securities regulations.  An industry comprising accountants, bankers, lawyers, and financial consultants arose to create financial structures that exploit this complexity, enabling companies to alter reported financials and to avoid taxes, all while “technically” complying with rules and regulations.   Business executives now have at their disposal, an array of “legal” weapons that can fundamentally alter the appearance of their company’s financial condition.

 

When is it acceptable to engage in a transaction that technically complies with the rules, but that may be misleading?  Can a transaction that technically complies with the rules be considered unethical or illegal?  Is it ever appropriate to depart from GAAP or IFRS?  Mr. Fastow will cite examples of such transactions at major companies, he will discuss the rationalizations made by executives to justify their decisions, and he will discuss examples of how these decisions can cause great harm to stakeholders.  He will make suggestions of questions that Regulators, Auditors, Fraud Examiners, and Underwriters might ask in order to ensure that their companies not only follow the rules, but also uphold the principles behind them. 

 

Finally, the former Chief Financial Officer of Enron Corp. will discuss his own story, and he will describe how he made such profound mistakes.



Speaker Bio:  Despite today’s more regulated and enlightened business environment, we continue to witness “Enron-esque” failures of corporate governance.  Enron’s former CFO will make observations about how the ambiguity and complexity of laws and regulations breeds opportunity for problematic decisions and will discuss what questions corporate directors, management, attorneys, and accountants should ask in order to ensure that their companies not only follow the rules, but uphold the principles behind them. 

 

Mr. Fastow was the Chief Financial Officer of Enron Corp. from 1998 – 2001.  In 2004, he pled guilty to two counts of securities fraud, and was sentenced to six years in federal prison.  He completed his sentence in 2011, and now lives with his family in Houston, Texas.  Mr. Fastow currently provides litigation support at a law firm, and he consults with Directors, attorneys, and hedge funds on how best to identify potentially critical finance, accounting, compensation, and cultural issues.

 

Mr. Fastow received a BA in Economics and Chinese from Tufts University and an MBA in Finance from the Kellogg Graduate School of Management at Northwestern University.  Prior to joining Enron, he was a Senior Director in the Asset Securitization Group at Continental Bank N.A.

 

Since his release from prison, Mr. Fastow has been a guest lecturer at universities and corporations, and at conferences for management, corporate directors, attorneys, accountants, and certified fraud examiners. Mr. Fastow was recently keynote speaker at the United Nations’ Principles of Responsible Management Education Conference, the FBI’s Advanced Financial Crimes Seminar, the Association of Certified Fraud Examiners Annual Conference, the American Accounting Association Annual Conference, and the Financial Times’ Outstanding Directors Conference.

 

 

 

 

Expert Panel Discussion: Leadership in a Multigenerational Workforce: Bridging the Gap


Moderator: Barbara Stewart, PCC, CFP® - Principle at Accelus Partners, LLC

Panelists:  Paul Palmer, CFP® - Partner at Your Advocates

Eddie Cohen, CFP®, Chief Investment Officer & Founder at Stavis & Cohen, LLC

Derek Finley, CFP® - Assistant VP and Wealth Strategist, Mercer Advisors / Kanaly Trust
Shelitha Smodic - Financial Planner at Westwood Trust

 

 

1 CE 

Using the skills of different generations of financial advisors is critical to increasing business results and bottom line impact on client services. The most successful firms right now are the ones that foster and leverage a multigenerational workplace. This interactive panel will bring together a mix of Gen X and Gen Y leaders to share tools and strategies to help attendees:

  •  Understand the value of and better accept different generational perspectives in the workplace
  •  Attract and retain top talent
  • Engage and mentor the next generation of leaders
  • More effectively lead a multigenerational workforce
  • Utilize the skills of different generations to leverage individual strengths and achieve organizational strength

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 


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