FPA Philadelphia
November 15, 2016
Quarterly CE Meeting & Networking Cocktail Reception

                                                                                                    

Please join us for our last Quarterly CE meeting of the year.

Agenda:

3:45 p.m. - Registration
4:00-4:10 p.m. - Welcome/Announcements                                                           

4:10-5:00 p.m. -  "A Buyers Take on Succession Planning in the Financial Services Industry"
   - presented by Daniel R. Zajac, CFP®, EA, AIF®, CLU, Senior Advisor, SimoneZajac Wealth Management
  (One CFP® CE Credit Approved,  One PA Insurance CE Credit Approved)

With all of the recent focus on succession planning in the financial services industry most of the discussion has been from the perspective of the established advisor looking to sell their business.  In this session, Daniel Zajac will share his thoughts on succession planning from the buyer’s side.  Daniel will address what to expect in exploration, strategies in the terms of a transition deal, to the importance of finding a good fit.  This session offers timely insight for all attendees, whether you are thinking about selling your practice or understanding if buying a practice is right for you.

By the end of the session, attendees will:

1. Have a general knowledge of the existing succession planning landscape.
2. Explore one buyers take on what constitutes an attractive deal
3. Have a general understanding of transition strategies and important factors that affect the overall deal terms.
4. Explore various transition strategies including continuity planning, selling outright, or retaining and running the business
5. View several deal models that detail after tax buyer revenue, after tax seller revenue, and NPV.  Included in this discussion will be an analysis of the impact of a capital transaction vs. a goodwill transaction.

5:00-5:30 p.m.  - Break (Wine, Beer, Soft Drinks and light snacks)

5:30-6:30 p.m. - "Department of Labor Fiduciary Duty Rules and Impact on Advice to Retirement Investors"
   - presented by John Quinn, Esquire, Partner at O'Hagan Mayer, PLLC.
 (One CFP® CE Credit Approved, One PA Insurance CE Credit Approved))

On April 10, 2017, the Department of Labor’s final rules expanding the “investment advice fiduciary” definition under the Employee Retirement Income Security Act of 1974 (“ERISA”) take effect, with certain exceptions for transition periods related to some exceptions to the rules.  These rules will require financial advisers to retirement plans, participants of retirement plans, investors in individual retirement account (“IRA”) and retirees in general to address, monitor and remedy certain conflicts of interest.  The session is intended to identify the changes from the existing rules and convey an understanding of the impact of those changes to existing business practices in the investment advisory, broker-dealer and insurance industries.

6:30-7:30 p.m. - Cocktails (Wine, Beer, Soft Drinks - No Charge), Heavy Hors d'oeuvres & Networking

We'd like ot thank eMoney for helping us sponsor the Cocktail Reception.

 

We look forward to seeing you at this great event!

Register Now!