Build your confidence around alternative investments with a thorough understanding of due diligence best practices and training requirements. With sound policies and procedures in place, you will be able to deepen conversations (and relationships) with clients, select the right investments to match client objectives and provide detailed research and training documentation in case of audit.Upon completion of this program, participants will be able to:
Implement comprehensive policies and procedures related to alternative investments.
Increase credibility around alternative investments via product-specific training activities and ongoing monitoring of products being offered to clients
Understand the critical importance of documenting all research, training and due diligence activities for compliance purposes
Address major regulatory issues related to alternative investments
Be better prepared to incorporate alternative investments into client portfolios.
Can't Miss Takeaway
Understand and implement comprehensive training and due diligence policies and procedures related to Alternative Investments.
Who Should Attend
Financial Advisors interested in incorporating alternative investments into their product lines.
Please note that the on demand version of the course may not be available until 10 days after the live event. You will be notified when the on demand version of this course, and required exam for CE credit, is open.
Financial advisers are the key connector between their clients’ ability to realize and achieve the true purpose of their wealth, and can bring a crucial component into their client’s full financial picture—charitable giving and legacy. In this session, you will learn the value in bringing the charitable conversation to your clients, how to engage in a charitable conversation to uncover your clients’ goals and values, and how to determine which giving vehicles are most appropriate for individual client needs. You will also learn about donor-advised funds, the fastest growing giving vehicle, touted for their simplicity, flexibility, and tax-effectiveness.
Is Modern Portfolio Theory dead given the high correlation of numerous asset classes over the last decade?Tactical or Strategic? How to protect the portfolio in volatile markets? Where does the investment advisors real value added come from?Integrating the portfolio design into a practical vs theoretical Monte Carlo application. Rebalancing which approach works best and a summary of his lifes lessons learned through numerous good and bad markets.
Financial planners will understand why allocating client assets in a broadly diversified portfolio remains the most effective approach to wealth accumulation and managing downside risk.
Financial planners will understand how to address the risk of emotional decision making by investors.
Financial planners will be able to identify key outputs from planning software and how they impact portfolio construction for retirement income planning.
Hedging Equites and Fixed Income, managing risk in times of volatility and rising Interest rates using Convertible Bonds. The history, the marketplace and how convertible bonds work. Discussing the advantages of adding convertible bonds to an allocation to further diversify, lower volatility and reduce risk. Sharing the history and performance of Convertible Bonds. Using Convertible Bonds as a Fixed Income replacement positioned for rising interest rates, an Equity replacement positioned for market volatility with downside protection or as a low cost natural Alternative that moves with the markets. Discussing Convertible Bonds low or negative correlation relative to Treasuries and their historical performance during times of rising interest rates and equity markets. Describing how Convertible Bonds can provide equity-like returns with only part of the risk of owning common stocks. And, describing how Convertible Bonds naturally adjust and re-balance to the market rather than relying on market forecasts or predictions.
Discuss Convertible Bonds, the history, the marketplace and how convertible bonds work
Describe how Convertbile Bonds hedge Equities and Fixed Income by diversifying, lowering volatility and by reducing risk
Summarize how Convertible Bonds contribute to an allocation and improve the efficient frontier
For financial planning to continue to emerge as a true profession, we must ensure that our best practices are based on the best available science, rather than custom and received wisdom. While this doesnt require that all practitioners become scientists, it does require the ability to recognize and evaluate research-based writing. During this session we will review the key elements of research-based writing in financial planning and offer techniques for evaluating and incorporating it into your daily practice of financial planning.
Distinguish between informal and research-based writing in financial planning.
Better use research-based writing by understanding the nature of the research question and the methodology by which it was tested, as well as the ability to evaluate the ultimate findings.
Incorporate the results of research-based writing into their daily work with clients.
The greatest wealth transfer in history has begun to take place! Women and millennials inheriting an estimated $41 T in the next few decades and these consumers want to make holistic decisions. They are requiring that advisers provide access to investments aligned with their values, and in a way that directs capital to solving the world's biggest systemic risks (e.g. climate change). Advisers must be armed with tools to address these needs, or risk losing existing and potential new clients. In this interactive session, Betsy Moszeter and Garvin Jabusch of Green Alpha Advisors, LLC provide some tools, and bust false myths such as impact investing vehicles underperform the market, and that advising clients about impact investing options is not an integral part of fiduciary duty.
The financial crisis and persistent market volatility have intensified investor bias toward liquid securities. Unfortunately for investors, this increased demand has coincided with deteriorating yields for highly liquid assets in the public markets. Yields in more liquid assets have been decreasing due to a shortage of supply, while yields in less liquid parts of the market have been increasing due to a lack of demand. The result has been an increase in the illiquidity premium that is, the difference in yield between liquid and less liquid securities. As investors demand for liquidity has increased, so too has the relative cost of owning a fully liquid portfolio. This presentation will discuss the mismatch between the demand for and supply of liquid securities and offer alternatives for those willing to employ a long-term alternative investment strategy.
Define the term illiquidity premium
Differentiate between and describe differences between liquid and illiquid market securities
Describe opportunities how investors may take advantage of the mismatch between the demand for and supply of liquid securities.
Same-sex marriage is now legal nationwide in the United States, but the recognition is not universal. LGBT individuals still have difficulties around the world. Join us as we discuss how to successfully navigate political obstacles, immigration issues, and estate planning in a way that recognizes your freedom and love.
The art and science of financial planning is practiced within a space of possibility shaped by many forces - including history, tradition, culture, technology, markets and regulation. In turn, these forces develop within the confines of economic constraints. Economics is therefore responsible for shaping much of our professional environment. Yet like fish in water, we are often unaware of our immediate surroundings accepting without question the world are accustomed to as the way things are.
Join Pavlina Tcherneva as she breaks new ground at FPA Retreat - lifting the veil on money, debt, unemployment and inequality to reveal a new world of economic possibility for the 21st Century.
Helping clients cope with an unknowable future is a fundamental skill for professional financial planners.
Participants will be exposed to alternative interpretations of economic forces grounded in the realities of money and banking.
Liquid alts are being allocated without understanding specific strategies. Join this session to discover how liquid alts are different from traditional funds and how to identify red flags. We will also review the regulatory and due diligence process for using liquid alts.
Applying effective risk management tools and techniques is a critical component of designing and building portfolios to achieve long-term investment success. City National Rochdale Senior Portfolio Manager Elizabeth Dooley and Senior Investment Consultant Vern Montross team up to discuss the importance of a strong risk management framework, by highlighting best practices and illustrating specific case study examples. This presentation will give advisers an opportunity to review the effectiveness of their portfolio risk management methods while identifying ways to enhance their approach.
Every investment involves some degree of risk. This presentation by Jensen Investment Management will explore the types of risks, their meaning and impact, and how certain tools and mechanisms can help manage these risks.
Be able to outline the two primary risks all investments fall under
Describe how Jensen manages risk through quality and valuation
Understand risk management tools and how they are utilized to mitigate risk.
Did you know, 1 out of every 5 dollars under professional management in the US is invested in a socially screened portfolio? Attend this session and learn why you should incorporate Sustainable, Responsible, Impact (SRI) investing and Environmental, Social, Governance (ESG) investment strategies into your practice. It's not a matter of if you will be asked about this type of investing but when.
This session will delve into how a person’s world view affects their investment strategy. By redefining home biases, practices can create truly disciplined global investors who look at the big picture. Dr. Sarah Newcomb, our social psychologist, will take a closer look at how cultural differences and national identities create friction in global investing. Matt Hall will present practical steps planners can take to grow open-minded disciplined investors and make informed decisions. Robert Van Beek will share a micro-level view of global investments from a Belgium/The Netherlands perspective. What benchmarks are used in these countries? Are their investment strategies the same as the U.S.?
Examine how cultural differences and national identities create friction in global investing.
Discover practical steps planners can take to grow open-minded disciplined investors and make informed decisions.
Discuss a micro-level view of global investments from a Belgium/The Netherlands perspective: what benchmarks are used in these countries and how are their investment strategies the same as the U.S.?
In a world characterized by low interest rates and moderate growth, investors have turned to higher yielding stocks to provide income. While such an environment can support equities from here, the prospect of multi-speed economic growth, rising rates in the U.S. and monetary easing in Europe and Asia can present the equity investor with a unique set of risks and opportunities.
Learn how to effectively build flexible dividend portfolios.Understand the benefits of diversifying by asset class, geography, sector, industry, and business type can go a long way towards participating in equity market upsides, and limiting market downsides, all while meeting the need for growing income.Help investors reach their goals of an attractive yield, dividend growth, and long-term capital appreciation.
This session will provide advisers with best practices on how to make the most out of IRA financial planning opportunities. We will discuss Vanguards research on IRA investor behavior, ranging from account selection to contribution and withdrawal behavior, as well as prudent tax-planning strategies.
Identify planning opportunities with IRAs (Roth and Traditional)
Distinguish trends around IRA behavior, including investment, contribution, and withdrawal investor behavior
PLEASE NOTE THAT CE CREDIT IS AVAILABLE FOR LIVE EVENT ONLY. CREDIT IS NOT AVAILABLE FOR THE RECORDED PROGRAM.
Join June’s Journal of Financial Planning contributor Daniel Kern, and investment adviser David Edwards, founder of the Heron Financial Group | Wealth Advisors, as they discuss the impact of the “golden age” of investing in the “new normal.” Find out why financial advisers and their clients will need to adapt a less favorable outlook for markets, and how lowering return expectations doesn’t mean that returns will be negative. Their discussion is followed by a live Q and A, moderated by FPA Knowledge Circle host Ray Benton.