Description

"Protecting / Growing Assets & Planning for Retirement"

Conference Sponsored by:
American Century Investments and V Wealth Management

Click here for a schedule of events and speaker bios.

Steering Committee:
Gerald C. Steffes, CPA/PFS, CFP, Chair, President, Steffes Financial, Ltd., Overland Park
Christy Poe, Vice President, Investment Only Sales, American Century Investments, Kansas City
R. Joseph Groebl, PPC, V Wealth Management LLC, Overland Park
Mary Rapp MacBain, CPA.CITP, CGMA, President/CEO, Kansas Society of CPAs, Topeka

Helping companies and individual clients protect, grow and plan for retirement is becoming more urgent and complex, especially given the uncertainty of the economy over the past several years.  This conference is an excellent opportunity to network with other professionals who are involved in financial planning and wealth management. 

The conference is designed for 8 hours of CPE.  Approved for 8 hours of Kansas CLE, 8 hours of Kansas insurance credits, and 7 hours of CFP credit.

Highlights

Al Chingren, Vice President, Value Added Sales, American Century Investments, KCMO
"Retirement Income Solutions" There has been a significant increase in research regarding retirement planning due to the number of "Baby Boomers" approaching age 65.  You should have a working knowledge of topics that may impact successful retirement planning such as Social Security, pre-retirement planning, and retirement income.  This session provides an overview of Social Security including eligibility, how benefit amounts are calculated, potential reductions to benefit amounts, and implications for starting early vs. delaying to age 70.  Retirement Solutions, Creating Your Blueprint reviews the need to analyze the factors that effect retirement including sources of income, projected expenses, and evaluation of risk.  Laying Your Foundation provides a continuation of the Retirement Solutions theme with a focus on building a retirement portfolio and the converting assets to retirement income. This section of the session covers evaluating resources, retirement income strategies, and converting assets to retirement income.

Jerry Love, CPA, PFS, CFP®, CVA, ABV, CITP, CFF, CFFA, Jerry Love CPA, LLC, Abilene, TX
"Mining for Gold 1 - Using the Tax Return as a Roadmap" This session outlines why a wealth management consultant should use a tax return to develop personal financial planning. The tax return provides an overall picture of a client's financial situation. The consultant can use this as a tool to uncover opportunities for planning that a client has overlooked because it provides details of cash flow and the income situation for a client. Used in conjunction with a client's personal balance sheet, Jerry will help participants exploit the tax return as a planning tool.
"Mining for Gold 2 - How to Answer Clients' Financial & Tax Planning Questions and Get Paid to Do So" From the moment we sign that W-4, until we pass away, Form 1040 is a fact of life. Why do so many people not use this as an effective tool for planning and ultimately creating that "nest egg" for retirement? Form 1040 is virtually unsurpassed as a road map to a client's financial needs and is an outstanding tool for identifying financial planning opportunities. Jerry leads you down the road that produces profitability for both you and the client.

Gerald Steffes, CPA/PFS, CFP®, President, Steffes Financial, Ltd., Overland Park
"Economic Update and Current Trends" Review the current economic trends impacting the investment markets.  Topics will include short-term trends such as oil, inflation, and interest rates, and long-term trends such as equities vs. fixed income investments.
"Building Financial Roadmaps for Clients" Learn how to help your clients organize their ongoing financial roadmap. Walk away with checklists, worksheets, and a systematic way to add value to your practice. Use this as a referral technique to bring in new business.

Todd Berghuis, JD, Senior Vice President, ERISA Compliance, Ascensus, Brainerd, MN
 "ERISA Legislative Update" This session will cover the current legislation, regulatory pronouncements, and industry developments affecting qualified retirement plans. Todd gives the inside track to working with the IRS, DOL, and key congressional offices and committees that have an impact on qualified retirement plans.
2:45-2:55  Break

Bing Chen, CFP®, American Century Investments
"Strategic Philanthropy: Making the Most of Charitable Giving" You've help your clients protect and grow their assets, and with stellar planning, there is enough available for retirement and then some. The founders of American Century Investments are known for philanthropy, and it is a philosophy that permeates the organization.  Learn more about the values of philanthropy and how you can help your clients understand their options and make the most out of their charitable giving.

Scott Revare, CEO & Founder, Center for Fiduciary Management
"Due Diligence Tools Update: The latest tools and methods to perform the retirement plan investment due diligence process" Technology advances (including the iPad) and recent legislative updates around fee disclosure and fiduciary responsibility are transforming the way retirement advisors work and communicate with plan sponsors. This topic covers the state of the market tools and methods that top retirement plan advisors use in prospecting and helping plan sponsors perform investment and plan-level, due-diligence activities.

John Kilroy, CPA, CFP®, Senior Wealth Planning, Vanguard Asset Management Services
"Estate & Trust Planning: How to Help individuals Build a Legacy for Future Generations" Wealth planners help individuals plan for retirement nad provide for charitable giving, but what about their legacy? John outlines some of the advice he offers to financial advisors to help them provide comprehensive, personalized planning and advice. Topics include estate and trust planning and long-term care needs. John shares guidance that participants can give to clients to help them formulate or reformulate an existing estate plan, which includes the importantance of coordinating with other professionals.

Objectives

The KSCPA Wealth Management Conference is an annual event sponsored by the KSCPA for CPAs, CFPs, and attorneys who provide financial and wealth management consulting.  The 2012 conference provides the sought-after "Steffes Economic Update" and strategies and techniques for every-life-stage financial planning.  In addition, the 2012 conference covers new regulations from the Department of Labor which provides opportunities for CPAs and attorneys to help companies protect their employee's retirement assets by serving as trustees and fiduciaries for retirement plans. Using tax returns as a roadmap for financial planning and how to get paid for answering client financial and tax planning questions provide an interesting slant to wealth management.