2013-05 FPA LI Newsletter - Financial Planning Association

The Planner
May 2013
FPA of Long Island Chapter Program Meeting
Wednesday, May 8th, 2013
5:30—8:30 PM
DINNER MEETING
Hour 1. Long Term Care Planning—
Are Your Clients Prepared
The Milleridge Inn
585 North Broadway
Jericho, NY 11753
(NYCR-212430 for 1 hour of NYS Insurance CE)
Brian Hill—Nationwide Financial
This course will focus on the long-term care market and how a
rider added to a life insurance policy may be just the strategy many
people need to help reach their financial planning objectives. We
will focus on the fact that without proper planning, long-term care
can be the greatest threat to financial security. That threat is not
just due to nursing home costs. In fact, most people will never be
in a nursing home, because 80% of long-term care is extended care at home or in the
community like assisted living and adult day care. Planning for long-term care needs is
essential to any financial plan and yet is overlooked. People instinctively protect
themselves in case their house burns down or they are in a car accident, but there is
actually a far greater chance they’ll need long-term care assistance. Utilizing a life
insurance policy and Long-Term Care rider in combination, offers your clients a number of advantages that traditional long-term care funding options do not.
Hour 2. Multiple Employer Pension Plans
(NYCR-213002 for 1 hour of NYS Insurance CE)
Morris Glazer, Transamerica Retirement Solutions,
Regional Vice President
Sometimes, small businesses are simply unable to provide quality
retirement plan benefits to their employees. The goal of this seminar
is to review the history of the Multiple Employer Pension Plan and
how recent legislative initiatives to encourage plan participation, tax
incentives and simplified plan designs may not be enough to increase
plan sponsorship by individual small business clients. We’ll explore
how a Multiple Employer Plan can help a small business enjoy the tax
incentives of participation, the economies of scale of a large pool,
and the lifting of the burdensome administrative roles and responsibilities. We’ll also
take a look at how the Multiple Employer Plan addresses the fiduciary responsibilities
of the qualified retirement plan sponsor. An in-depth examination of a Success Story
will help illustrate the growth and opportunities of Multiple Employer Plans and the
impact on the qualified retirement plan industry. More and more often, these plans
are being seriously considered in order to satisfy this ever growing market segment
and strengthen support of the small business owner.
Click here for directions
REGISTER
Learning Objectives:
Hour 1—Participants will learn …
 The need for Long Term Care as a


part of a sound financial plan.
The reality of the lack of Long Term
Care planning in most financial plans
today.
The solution of utilizing a life insurance
contract with a Long Term Care rider
to fill the need for Long Term Care in
a sound financial plan.
Hour 2—Participants will learn …
 Review the history of the Multiple


Employer Pension Plan.
Look at recent legislative initiatives,
tax incentives and simplified plan designs and how they may not be enough
to increase plan sponsorship.
Explore how a Multiple Employer Plan
can help a small business and address
the fiduciary responsibilities of the
qualified plan sponsor.
Thanks to our May Host & Platinum Sponsor! PRUDENTIAL ANNUITIES - Carrie Short
Booth Sponsors — INVESCO, REALTY CAPITAL SECURITIES and SECURITY BENEFIT
Year 2013:
Board of Directors
Page 2
OFFICERS
Message from the President
Chairperson
Alan M. Borko, CFP® , 631-589-5400 x 319
Forest Hills Financial Group, Inc. [email protected]
Joseph W. Fleischman, CFP®
President
Joseph W. Fleischman, CFP® , 631-845-5100
Vanderbilt Financial Group
[email protected]
Secretary
Diane Wilkie, Esq., CFP®
516-564-8301; Wilkie & Wilkie [email protected]
Treasurer
Scott Sanders, CPA, PFS, CFP®, CFS 516-938-5219
Sanders Thaler & Associates; [email protected]
DIRECTORS
Membership:
John Baldi, CPA, PFS, 631-524-5554
[email protected]
Programs:
Larry D. Sangirardi, CFP®, ChFC® 631-574-2900
Ameriprise Financial, [email protected]
& Michelle K. Hall, 631-425-3261
Marsh, [email protected]
Symposium:
Paul Schifter, CFP®, 631-366-1999
PCS Financial Planning; [email protected]
Corporate Relations / Partnerships:
James Graziano, CFP® , 631-656-8884
[email protected]
Pro Bono:
Richard L. Bergen, CPA, CFP®
516-741-1430—RLB Wealth Planning, Inc.
[email protected]
Fee Advisor Group:
Andrew Rich, CFP®, 516-433-0828
Rich Advisory Corp; [email protected]
Career Development:
Moss Kaufman, CFP® , EA, 631-366-1999
Network Capital Services, Inc., [email protected]
Focus Groups:
Anthony F. Papa, CFP®
516-536-4436, [email protected]
Papa/Englehart Strategic Planning Assoc.
Government Relations:
John Patafio
631-691-4000, [email protected]
The Law Offices of John T. Patafio, PC
Legal Counsel:
Diane Wilkie, Esq., CFP®
516-564-8301; Wilkie & Wilkie [email protected]
Chapter Executive:
Janet Cino, 516-542-2004
[email protected], www.fpali.org
The first quarter of 2013 is now behind us, we
have survived another tax season, and yet as
FPALI continues on its quest to remain your
foremost resource for networking, professional
growth, and continuing education, many
changes are currently still in the making. Our
calendar of events has departed from the
usual third Wednesday of each month dinner
meeting, to now include a variety of meeting
times including morning/breakfast meetings held at a variety of
venues. Our intention has not been to offer a calendar riddled
with confusion, but rather to make convenient offerings available
to a larger number of our members.
May first brought with it the ability to register for our events
online as well as the ability to enter credit card information and
pay fees for attendance directly on the system. This is a change
that we have been working to bring about for quite some time.
Try it out and see how user friendly it is, and how easy it can be
to register with these new tools.
Our networking events have been a huge success drawing from
25 – 45 attendees to each event. We strongly recommend you
join us and see what all the buzz is about. Our next networking
event will be held on June 20th, place to be announced, but
please mark your calendar. We also invite you to join us at Eisenhower Park on June 15th for the 5K Run Walk to benefit Island Harvest. Not only is it a worthy cause but a great opportunity to rub sweaty elbows with colleagues and friends.
Finally let’s not forget our annual golf outing scheduled for June
10th. Always a great day and filled with fun and laughs. You don’t
need to be a scratch golfer to enjoy a day in the sun (god willing), 18 holes, a hot meal, and a cold drink on the 19 th. Hope to
see you there.
The Heart of Financial Planning:
The community that brings together those
who deliver financial planning, those who
support it and those who benefit from it.
Page 3
The FPA of Long Island’s Annual
Scott Hirschbein Memorial Golf Outing
Monday, June 10, 2013
7:30 AM Shotgun Start
Wind Watch Golf & Country Club, Hauppauge, NY
Come join the fun at our annual golf outing! Plan to take a break to enjoy a day of golf at
the Wind Watch Golf & Country Club in Hauppauge on Monday, June 10th. Atop one of Long Island’s highest points, Wind Watch Golf & Country Club offers mesmerizing panoramic views of the
North Shore. Enjoy one of the most unique and challenging courses as well as exceptional catering
and golf outing facilities.
This first-class tournament brings the Board Room outdoors so you can network with other
financial and business professionals from around Long Island. Our format opens the tournament up
to golfers of all abilities.
There are many opportunities to support this event, for more information call our outing
Chairperson, Tim Rossiter at (631) 549-7612.
We hope to see you there!
Click here for the outing flyer and registration form
or click here to register on-line
FPA LI Joins NYSSCPA
12th Annual 5K Run/Walk to End Hunger
Saturday, June 15, 2013
Eisenhower Park, Field #1, East Meadow, NY
The Nassau Chapter of the New York State Society of CPAs, the Nassau/Suffolk
Chapter of the National Conference of CPA Practitioners and the Financial Planning Association of Long Island will hold the 12th Annual, The Ellen Gordon CPA’s 4(a): Cause 5K
Run for Hunger, charity run/walk and food drive to benefit Island Harvest. Island Harvest
distributes food throughout Long Island. The event will take place at Eisenhower Park Field
#1 in East Meadow.
There will be time for socializing before, during and after the run/walk where refreshments, food, music and raffle gifts will be served and presented to the participants and
spectators. Please consider supporting Island Harvest (an affiliate of Feeding America, our
Nations Food Bank) at this fundraising and networking event.
Registration starts at 7:30 AM and race time is at 8:30 AM. Awards will be given
out to the top three male and top three female runners and the top three finishers in each
age category. Ribbons will be given out for all children under the age of 14. Prizes and gift
certificates will be awarded as well.
Advance registration is $25 by June 13 and $30 the day of the race. Those who
register online at Active.com will pay only $20. Children under 14 years of age who participate in the walk may register at half price. Proceeds go to benefit Island Harvest. To
register, download the form here.
Join your fellow members and allied professionals for a good cause and fun day!
Page 4
FPA Long Island Symposium Committee
Director: Paul Schifter
SAVE THE DATE!
FPA of Long Island Presents the 14th Annual Symposium
November 1, 2013
Crest Hollow Country Club, Woodbury, New York
Come join the committee in planning our next event! We will be meeting on Tuesday, May
14th, at 8:30 AM at Molloy College/Suffolk Center in Farmingdale, NY. We are working on
crafting a unique conference experience that will serve you and your practice. To make sure that we
are on target, we want to hear from you with your ideas and thoughts, so come down and join us. If
you can’t make this meeting be sure to reach out to Paul Schifter at (631) 366-1999 or email him at
[email protected].
FPA LI Networking Event
Save The Date: Thursday, June 20, 2013
The Program Planning Committee has set the date for the next chapter’s Networking
Event, be sure to mark your calendars and plan to join us on Thursday, June 20, 2013 at 6:00
PM. Arrangements are being made now, we’re looking for a location with an outside space
and hoping for some great weather to say Hello To Summer!
At our last gathering, we had about 25 chapter members who came out to meet with
each other. It was a great opportunity to meet fellow FPA members, strategic partners,
board members, and share our ideas and insights with each other. Thanks to Frank Melia for
making the arrangements and to Peter Palion for capturing the event in photos!
FPA Long Island Programs & Education Committee
Directors: Michelle Hall and Larry Sangirardi
The program committee works together to plan the topics, times and locations of the FPA of
Long Island’s chapter meetings. We aim for these meetings to focus on subjects that are both timely
and of interest to our membership, while at the same time covering the core areas of Financial Planning. We need your input for ideas, topics and speakers to present at our meetings. In addition,
let us know when and where you think we should hold these meetings; we will do our best to work
with you.
Please email your suggestions or comments to Larry Sangirardi or Michelle Hall or call them
at: (631-923-0885 x 18) for Larry or (631-577-0532) to reach Michelle.
We are looking for chapter members to join our team, if you are interested in shaping the
education of our members please call us. The responsibilities of this committee include developing
and planning the programs presented at chapter meetings, obtaining the speakers for these meetings,
and attending the meetings. We hope you will consider joining us.
Annual Invitational Conference on Estate Planning and Administration
Tuesday, May 14, 2013, 8:00 am - 11:00 am
Nassau County Bar Association, 15th & West Streets, Mineola, NY 11501
This program has been approved for 2.0 credit hours in the following:
CLE for attorneys, CPE for CPAs and CE for Insurance.
Light breakfast will be served. There is no charge for this event.
R.S.V.P on or before Tuesday, May 7th to [email protected].
Please indicate what type of credit(s) you wish to earn.
Page 5
FPA of LI Membership Committee Update
Join us at the next committee meeting
on Tuesday, May 7th from 8:30—10 AM.
We are meeting at Molloy College/Suffolk Center in Farmingdale, NY.
The membership committee works together to welcome new members, check in with
members who have not renewed their membership, and congratulate those who have
reach a milestone anniversary. There are also subgroups within the committee that work
to plan a educational track at the annual Long Island Tax Professional Symposium; another
that is looking to establish a student chapter of FPA at one of our local colleges; or establishing alliances with other professional organizations. Come join us at the next meeting on
Tuesday, May 7th, we would love to hear from you!
Remember, our Membership Committee has a table set-up at each Program meeting to
welcome members and answer your questions about your FPA membership. To get involved with the Membership Committee, to volunteer at their table, or to find out more
information on how you can help grow our chapter membership, please contact John Baldi
at (631)-952-3700 or [email protected].
NEW
Monthly Payment
Option Available!
New in 2013, FPA is pleased to offer a
valuable new service which will allow
members of FPA to split up their dues
payment into 12 equal monthly installments. The online payment plan option
may be selected on the application form
during your regular renewal period or
sign up for automatic renewal now so
you don’t have to worry about renewing later. Please note that this option is
only available for payments with a valid
credit card.
Click here for more information.
PROFESSIONAL OFFICE(S) FOR RENT
I have several really nice offices within my office suite for rent to
a professional person(s). It would be perfect for an accountant,
financial planner, mortgage broker, P&C agent, attorney, etc.
Click here for more information and to see photos.
Call or text John (631) 487-0003
NEW MEMBERS!
Judith Beckman
Darren Gerbosi
John Pastore
Justin Scheckner
Anthony Ziniti
Welcome!
HAPPY
ANNIVERSARY !
30 Years
Peter Alcarese, CFP®
20 Years
Christi Cook-Thompson, CFP®
15 Years
Edward Slott, CPA
10 Years
Clarke Hedrick, CFP®
John Spinelli, CFP®, CPA
5 Years
Patricia Calcado, CFP®
Steve Futoran
Jerry Goldberg, CPA
Victor Howard, CFP®, CPA
Ronald Stair, Ph.D., EA, RFC®, ERPA
Congratulations!
Page 6
FPA NEWS
Earn CE credit through a free life-planning
webinar George Kinder, CFP®, discusses Life Planning
as the new paradigm, the importance of authentic relationships and how they are the key to healthy and thriving lives
and businesses. Join us May 15 at noon ET and discover how
to develop a deeper relationship with your clients utilizing
listening skills and goal exercises from the Seven Stages of
Money Maturity workshop. Register today.
FPA Connect
Where communities come together
Get Involved. Get Connected.
In FPA Connect, you can:
 Get guidance and feedback from peers
 Search for fellow colleagues
 Blog
 Connect with others
 Share or borrow a resource
Full Scholarship to a Keir Educational
Resources Review Class
for the CFP® Certification Exam
Are you planning to sit for the CFP® Certification Examination? Keir Educational Resources will award a scholarship to a member from each FPA chapter per exam cycle.
Student chapter members are also welcome and encouraged to apply. The winner may choose any Keir Instructor Led Live Class, Keir’s 5 Day Virtual Class or Keir’s 10
Week Virtual Class. The scholarship includes class tuition
and Keir’s basic review package. This prize has a current
retail value of $970. Class dates and locations available
on our website at www.keirsuccess.com.
Scholarships are awarded based on merit, with consideration given to career goals and any honors received. Click
here for a link to the application.
For additional information, please contact Shannon Bryant
at [email protected] or 800-795-5347 ext 107.
2013 FPA NexGen Gathering
Friday, June 21 –Sunday, June 23, 2013
Join the best and brightest minds of the FPA NexGen community at the annual FPA NexGen Gathering. This event provides an opportunity to discuss all of the hot topics and trends facing the future
of the financial planning profession and a chance to get to know your peers, colleagues and the FPA
leadership in an intimate and free-flowing setting.
REGISTER
2013 NexGen Gathering Scholarship Application
Page 7
Many Thanks to our 2012 - 2013 Partners
Platinum Level Partners
Allianz Life Financial Services
Lorraine Lods, 516-510-4350
[email protected]
Jackson National
Steve Burke, 516-297-4620
[email protected]
Nationwide
Susan O’Connor, 516-532-1170
[email protected]
Invesco
Anthony Camilleri, 631-838-4887
[email protected]
OppenheimerFunds
Wendy Ehrlich, 516-318-1418
[email protected]
Prudential Annuities
Carrie Short, 516-521-4673
[email protected]
Security Benefit
Marcello Cosentino, 973-722-0644
Marcello.Cosentino@
securitybenefit.com
Gold Level Partners
iReverse Home Loans
Robert D. Tollin, 516-652-8371
[email protected]
Live In Reverse
Frank Melia, 516-729-3438
[email protected]
Realty Capital Securities
Anthony Ziniti, 516-650-7853
[email protected]
Silver Level Partners
Thank you to our
Annual Partners
Did you know......
Our Annual Partners provide
approximately one-half of the
revenue needed to run the
chapter. Without our Partner’s support, your price for
chapter meetings would be
much higher.
When a Partner communicates with you, please take a
few minutes out of your day
to thank them and listen to
what they have to offer.
Access Brokerage
Roy Cifuni * 631-473-7244
[email protected]
DWS Investments
Michael Valeant * 607-761-7744
[email protected]
NY Long Term Care Brokers, Ltd.
Robert Vandy * 518-378-4429
[email protected]
ADP
Michael Alberto * 631-987-7280
[email protected]
Equinox Group Distributors
Michael Carlone * 732-735-7503
[email protected]
Pimco
Danny Iandoli * 631-219-2710
[email protected]
Advisor Products, Inc.
Andrew Gluck * 516-333-0066
[email protected]
Fidelity Investments
Eric Fracasso * 516-287-0230
[email protected]
Principal Funds
Michael Miller * 631-365-4686
[email protected]
American Funds
Steve Calabria * 631-987-4307
[email protected]
Forest Hills Financial Group
Andie Perlmutter * 718-268-9255
[email protected]
Rainier Investment Management
Ron Alvares * 206-909-7599
[email protected]
Ameriprise Financial
Daniel Masiello * 917-836-0332
[email protected]
Guardian Investor Services LLC
Mitchell Katz * 631-807-4759
[email protected]
SEI Investments
Harley Nager * 610-676-2036
[email protected]
Arbitrage Funds
David Flaherty * 201-705-7426
[email protected]
Hartford Mutual Funds
Daniel Gribben * 610-405-8271
[email protected]
SunAmerica
Brian Taggart * 917-710-7952
[email protected]
AXA Equitable
Mike Savage * 646-460-3094
[email protected]
Investacorp
Brian Kovener * 561-891-9117
[email protected]
TD Ameritrade Institutional
Josh Reich * 347-803-3636
[email protected]
Bluerock Real Estate
Jason Pueschel * 860-841-1183
[email protected]
Lord Abbett
Jennifer Chase * 917-363-7663
[email protected]
Charles Schwab Advisor Services
Alfred Avazis * 212-403-9217
[email protected]
MoneyGuidePro
Neil Wert * 800-743-6938 x132
[email protected]
Transamerica
Morris Glazer * 631-827-3913
[email protected]
Dawn Lind * 516-660-8330
[email protected]
Jeff Soares * 516-641-6775
[email protected]
Columbia Management
Morningstar Investment Services
Valerie Wess * 914-262-5900
Todd Schaul * 732-357-7545
[email protected] [email protected]
Delaware Investments
Julie Boliver * 516-359-3410
[email protected]
NY Life / MainStay Investments
Michael Bosi * 732-715-3737
[email protected]
Wells Fargo Advantage Funds
Steven Futoran * 631-560-4569
[email protected]
SAVE THESE DATES
FPA Long Island Events!
5/8/2013
Program Meeting - Dinner Meeting
Milleridge Inn, Jericho, NY
Sessions to offer 2 NYS Insurance CE
6/10/2013
Annual Golf Outing
Wind Watch Golf & Country Club, Hauppauge, NY
6/14/2013
Seminar Day —
Molloy College / Suffolk Center, Farmingdale, NY
6/15/2013
CPAs 4(a): Cause —
5K Run/Walk, Eisenhower Park, East Meadow, NY
9/20/2013
Program Meeting - Breakfast Meeting
Location: The Milleridge Inn, Jericho, NY
Sessions to offer 2 NYS Insurance CE
10/2/2013
CFP Ethics CE Presentation
Dinner Meeting at Milleridge Inn, Jericho
11/1/2013
14th Annual Symposium & Exhibition
12/12/2013
Net Working Event
Location TBA
1/10/2014
Tax Update Workshop / Presentation by NATP
All day seminar, location tba
Go to our chapter web page
for the most current information and
for meeting announcements with registration forms.
In adherence to the FPA’s Open Forum Policy,
the Financial Planning Association of Long Island
welcomes advertisements from reputable suppliers
of products and services to the financial planning
community. However, the chapter’s Board of
Directors does not perform due diligence
on advertisers or authors and cannot
guarantee that their offerings or writings
are suitable or correct.
Other Options for
Continuing Education
For additional educational
opportunities remember to look at
the Virtual Learning Center on the
national FPA website or go to the
Journal of Financial Planning—
www.FPAnet.org/Journal.
1895 Lincoln Avenue
East Meadow, NY 11554-2522
Phone: (516) 542-2004
email: [email protected]
www.fpali.org