FPA MI - September News from your FPA of Michigan Chapter

FPA of Michigan NewsBrief

September/2010

The votes have been counted!! Congratulations to the following members who were recently elected (or re-elected) to the FPA of Michigan Board for 2011:

Ted Bugenski
Victor Hicks
Jason Moore
Sandy Adams

Congratulations also go out to the following members, who will be serving one-year terms on the board in 2011:

Jason Close
Glenn Matecun

Again, if you think you might be interested in running for a board position in the future, now is the time to get involved at the committee level to get a feel for what we do and how we do it. Please click here for a a list and description of each committee.

If you haven't noticed, we have a lot going on this fall!! Monthly Lunch & Learns are taking place in both Lansing and Grand Rapids, monthly education meetings are taking place in Troy, and our annual fall Symposium is coming up September 30th and October 1st. Please consider attending one or many of these events and inviting a colleague or a professional partner. Why not share with others the great programs we have available through our FPA membership?

I look forward to seeing you soon. Remember, DO ONE THING...one good thing leads to another!

Sandra D. Adams, CFP®

President, FPA of Michigan

Sandy.Adams@RaymondJames.com

(248) 948-7900

FPA of Michigan 2010 Annual Fall Symposium

When: September 30th and October 1st

Location: Inn at St. John's in Plymouth

Registration is filling up quickly!
Click here to download details of this year's Symposium.

Click here to download a Registration Form.

FPA of Michigan Mentorship Program

The FPA of MI Mentoring Program brings together established planners and new planners (including career-changers or career explorers) for the opportunity to learn and grow; to bridge the gap between those with little (or no) financial planning business experience; to provide an opportunity for the transfer of knowledge, experience, and skills, with a focus on transference from one generation to the next; ensuring the continued growth and future success of the financial planning profession in Michigan.

Quotes from past participants of the Mentorship Program

"As the owner and rainmaker for our Wealth Management firm, I am accustomed to "making things happen"! The FPA Mentorship Program is designed to be lead by and mapped out by the individual requesting a Mentor, and is not to be Mentor-driven. This mere fact allowed our experience to accomplish great things in a relatively short period of time . . . and specifically provided an opportunity for career exploration for a new individual in our industry. I am amazed at what we accomplished in brief weekly meetings over a few short months, without requiring significant preparation on my part. It truly was a joy to be able to give back to our industry in such a meaningful way." Thomas J. Rabaut, CFP®, 2010 Mentor

"The FPA of Michigan Mentorship Program provided me with an opportunity to share my financial planning experience, education and excitement for this industry with a mentee that is full of potential. I was honored to discuss and clarify a number of the complexities in the field of financial planning as well as promote the value of the Financial Planning Association. Furthermore, this experience allowed me to develop new and exciting relationships that have challenged me to become a more effective financial planner." Steve M. Osterink, Jr. CFP® AIF®, 2010 Mentor

"The FPA of MI Career Development Mentoring program allowed me to build a relationship with a seasoned Financial Planner. I was able to pick his brain, learn from his experience and gain candid insight to his world." Jennifer Flaherty, 2009 Mentee

We are always seeking Mentees and Mentors for this program.
To learn more about the Mentor Program, click here.

If you are interested in participating, please contact Ginny Sherrow (ginny@sherrowfinancial.com).

Why Invest in Merging Markets?

Prior to the 2008 market correction, the discount that emerging markets had relative to developed markets had closed significantly when looking at valuations relative to growth and profitability. What we are seeing now is the resurgence of those discounts. More opportunities to invest in emerging markets companies at a discount to the developed world have materialized. At the same time, the quality of emerging market companies (as measured by ROE) has surpassed that of developed markets. In our view, this is the true opportunity of investing in emerging markets. Additionally, emerging markets currently tend to receive a much lower allocation in most portfolios than their growth rates or percentage of global market capitalization warrant. We believe the eventual closing of that gap will provide a tailwind for emerging markets investors.

This article is brought to you by Artisan Partners. To read it in its entirety, click here and for a copy of the August monthly end statement, click here.

ARTISAN PARTNERS IS A SILVER SPONSOR OF THE FPA OF MICHIGAN.