SEPTEMBER 2023: Regulatory/Fiduciary Update
FPA Annual Conference
September 27-29, 2023 -- Phoenix, AZ
COVER STORY
Cryptocurrency Compliance and Regulatory Considerations
By Sean J. Coughlin and Angela A. Turiano with assistance from Richard Dow
Regulators have yet to offer a clear framework for oversight of digital currency investments.
FEATURE
50 Years of Service: Interviewing Two of the First CFP® Practitioners
In celebration of this landmark anniversary of the CFP® mark, FPA sat down with a few of the pioneering practitioners and talked about the history and future of financial planning.
PRACTICE MANAGEMENT
Where Do the Hours Go? Get the Time-Management Edge for Productivity
By Gerry Herbison, D.B.A., CFP®, ChFC, CASL, CLF
Actively controlling your time and your development is vital, as you can never recover time.
CONFERENCE GUIDE
Drop the Jargon to Master Your Marketing
Two keynote speakers explain that concise, direct communications with prospects help them understand what you can offer them.
Meet the Researchers
Some of our presenters shared a preview of what you’ll hear during the Journal of Financial Planning Research Showcase sessions.
FPA NEXT GENERATION PLANNER
Lead Article
The Solo Adviser
By Danielle Andrus
My Career Path
Louis van der Merwe on Getting Out of Your Depth
Skill Builder
Three Client-Facing Activities Next-Gen Advisers Need to Start Tracking
By Kristine McManus
Planner Poll
FPA Community Weighs in on Connecting with Other Advisers
Planning a STUDY GROUP? Check out suggested questions and other resources to make your study group a success!
COLUMNS
Digital Assets
Crypto’s Emerging Influence on the Banking System
By Ivory Johnson, CFP®, ChFC
Bitcoin and other cryptocurrencies have had their time in the limelight, but another standard may supplant their usefulness.
Tax Planning
Filing Form SSA-44 Can Reduce Lifetime IRMAAs and Income Taxes
By William Reichenstein, Ph.D., CFA
Planners can help their clients save thousands in additional taxes following
life-changing events.
Your Practice
Unclogging the Prospect Pipeline
By Charesse Spiller
A strong training program is fundamental for multi-adviser firms that struggle to convert prospects.
Women in Retirement
Impact of Caregiving on Retirement Plans
By Alexandra Armstrong, CFP®, CRPC
Helping clients achieve comfortable retirements means helping them prepare for life’s bumps.
RESEARCH
Who Uses Social Media for Investment Advice?
By Miranda Reiter, Ph.D., CFP®; Di Qing, Ph.D.; and Morgen Nations
Social media is a growing source of financial information via “finfluencers.” Not everyone is as receptive to financial information received this way, and investors’ investment choices may reflect the information received.
Earn one CFP CE® credit by reading this month's Journal and access past exams for additional credits.
DEPARTMENTS
STARTING THOUGHTS
Demystifying Crypto
OBSERVER
Understanding the IAR CE Rule
Stat Bank
Q&A
Nouriel Roubini on the Global Triple Threat
JFP ACADEMICS
Upcoming Research
IN CASE YOU MISSED IT
A Study of Achievement, Risk, and Cryptocurrency Using Learned Needs Theory
By Jason N. Anderson, CFP®, CPA, and Derek R. Lawson, Ph.D., CFP®
Those who exhibit a higher personal achievement tend to have higher risk tolerance. This can result in more risky assets, such as cryptocurrency, in their portfolio. This could be a positive development.
