Ben Lewis & Buffy Fletcher of the Financial Planning Association (FPA) join host Chris Boyd to share some of the great underutilized resources for FPA member practitioners ... from the Coaches Corner, massive Member Discounts on Insurance other services, & FPA MediaSource to Affinity Partnerships, the summer Externship program, the FPA Volatility Resource Center, and so much more!  Learn how to maximize value from your association (without a single mention of CE)!

Recently, the CARES Act made provisions to help borrowers of student loans … but not all student loans qualify for these benefits.  Atty. Adam Minsky joins us to explain. Lear more about student loans and what to do when borrowers can’t pay.

Also, Dave McPherson, Programming Director, tells about the upcoming (Virtual) Wicked Good Talks program.

Join us for the recent panel discussion on how advisors have been handling recent events  and challenges - isolation policies, market volatility, client contact, marketing and more.  Following the panel, outstanding advisor resources available from BMO Global Asset Management shared by Josh Gilbert.  Panel members: Alyssa McNamara Reed, CFP® of McNamara Financial Services, Inc. in Marshfield, MA; Georgia Bruggeman CFP® of Meridian Financial Advisors, LLC in Holliston, MA; Gerald Loftin, JD, CFP® of Proficient Wealth Counselors, LLC in Norwood, MA; & Brian McGivern, CFP®, MBA, EA, Stonestreet Financial, Inc., Stoughton, MA.

Ellen Bruno, founder of Compliance Advisor Professionals, LLC, discusses compliance challenges facing advisors particularly now in the time of Coronavirus.  Topics discussed include: managing confidential information securely with remote work, compliance considerations of taking PPP funds, Filing Deadline Extensions, SEC Exams during COVID-19, Annual Notice to clients, how to take a proctored Exams (i.e., Series 65) in an era of Social Distancing, Fee Disclosure in MA, and the new ADV Part 3 requirements.`

Today more than 34,000 have died from the Coronavirus in the US while more than 717,000 have been confirmed to have contracted the virus.  If not now, when is a better time to think about your Continuity planning? If something happened to you, how would your business operate in your absence? What about your team members? Join Marcus Hagood of FP Transitions with a thoughtful discussion on the topic, to help advisors of all sizes consider their planning.

This week we enjoy one of our chapter’s many success stories.  Marc Freedman of Freedman Financial shares his story and that of his firm. With great candor and detail, Marc shares insights into their financial planning approach, marketing techniques, and team composition.  Hear how they have handled communications during market declines and the Coronavirus. Also, Chris and his AMR team share an overview of the CARES Act. Happy Easter & Passover to listeners.

In addition to insights into the help available through the Small Business Administration (SBA), we asked our partners for what resources they have available for our members.  In this episode, hear from T. Rowe Price’s Karen Igler and portfolio strategist Matt Ko. Karen shares great advisor tools & links (see below), while Matt, who is a portfolio specialist with their multi-asset team in the Asset Allocation Group, provides insights and perspectives surrounding the Coronavirus Panic.  Additionally, we hear from Donna McKeon (http://www.mortgagesbydonna.com/) of The Mortgage Network on mortgages & low rates, and Jerry Auippa ([email protected]), Longbridge Financial, on how Reverse Mortgages can help clients in tough financial times.

T. Rowe Price - tools for advisors in the time of Coronavirus:

https://www.troweprice.com/financial-intermediary/us/en/insights/articles/2020/q1/market-volatility.html

Additionally, for 3 great articles of interest, “The Revenge of the Stock Pickers”, “U.S. Equities - Long-Term Benefits of The T. Rowe Price Strategic Investing Approach”, and “Time-tested and disciplined - The T. Rowe Price Strategic Investing Approach”, contact [email protected].

Vanguard Financial Advisor Services: 

Kelly Orr of Vanguard Financial Advisor Services was not able to participate in the podcast, but did share this link for another abundance of useful resources:  https://advisors.vanguard.com/investments/approach/tools-for-navigating-market-volatility.  Request from Kelly the handy and useful “Market Volatility Slide Library” by emailing her: [email protected]. 

Longbridge Financial, LLC - Reverse Mortgage in Coronavirus times Webinar:

https://attendee.gotowebinar.com/recording/2864459093597243394

In our new Coronavirus world of social distancing and isolation, host Chris Boyd speaks with Jen Goldman about staying connected with good habits and helpful tips to start off the show.  Then, hear from both ends of the age spectrum. Fran Sellers (turning 90 today), one of the chapter’s oldest members, and Andrew John Borus, one of our youngest members share their stories.  Enjoy a feel good story where we hear about the career of a vetran planner and the origins of another just starting out. At all stages, planners find benefit in the Financial Planning Association of Massachusetts. 

Financial Planning Association President, Martin Seay, PhD, returns to the podcast to share what resources the FPA is providing for advisors in response to the developing challenges brought on by the Coronavirus.  Listen in the conversation as Martin tells about the online community "Navigating Market Turbulence Related to the Coronavirus", a Volatility Resource Center, helpful resources for chapter leaders and chapter executives, and current thinking on future national events coming in May and June.  

Also, below, find the link to the detailed correspondence to members with helpful links to these useful resources:  

https://fpa.informz.net/informzdataservice/onlineversion/ind/bWFpbGluZ2luc3RhbmNlaWQ9Nzg0MTY5MCZzdWJzY3JpYmVyaWQ9ODI0Mjg3NDM5

Over the past 2 weeks or so the Coronavirus outbreak has captured the attention of the U.S. population and investors, specifically.  David McPherson, FPA MA Programming Director and owner of Four Ponds Financial joins host Chris Boyd in discussing how they are attempting to add value to their clients and be proactive in communication. Listen to this discussion and consider what you might do at an important time for your client relationships.  

FPA MA Partners’ Resources for Advisors:

https://www.troweprice.com/financial-intermediary/us/en/home.html

https://advisors.vanguard.com/insights/series/investor-insights

FPA Connect - Coronavirus Community:

http://fpa.informz.net/z/cjUucD9taT03ODM0NDQ1JnA9MSZ1PTgyNDMyODQ4OSZsaT02Mzc0MTkyNQ/index.html

David & Chris - sample client correspondence:

https://fourpondsfinancial.com/fourponds-blog/the-coronavirus-the-market-and-your-portfolio

https://us5.campaign-archive.com/?e=&u=2e0d1f7b7a265bc87e28f7f53&id=ff4e291aef