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Investment Advisor Forum Powered by Cima® Certification INVESTMENT ADVISOR FORUM POWERED BY CIMA® CERTIFICATION ADVANCED PORTFOLIO MANAGEMENT STRATEGIES WHAT’S INSIDE: Page 2 | Schedule-at-a-Glance Page 3–5 | Education Program Page 6–7 | Speaker Biographies Page 8–9 | Partners & Exhibitors www.investmentsandwealth.org/IAF DOWNLOAD THE NEW CONFERENCE MOBILE APP! (EFFECTIVE NOVEMBER 1, 2018) To access speaker presentations, attendee lists and more, download the Mobile App: Step 1: Download the Investments & Step 2: Search for the Investment Login to message specific attendees, Wealth Events app from your App Store. Advisor Forum event within the create your own schedule, and save any You also can access the mobile website: Investments & Wealth Events app presentation notes that you take. All https://crowd.cc/iaf19 and download the event. 2018 events also are available to view on the new app. WiFi Network: Hilton Meeting Room WiFi Password: institute19 1 SCHEDULE-AT-A-GLANCE Sunday, February 10 Tuesday, February 12 Time Description Room Assignment 7 a.m.–12:30 p.m. Registration/Information Desk Open 3rd Floor Promenade 3–5 p.m. Registration/Information Desk Open 3rd Floor Promenade 7–8 a.m. Breakfast with Sponsors and Exhibitors Grand Ballroom Foyer Monday, February 11 7 a.m.–6:30 p.m. Registration/Information Desk Open 3rd Floor Promenade General Session #4: The Washington 8–9 a.m. Update: An Overview | Andrew Friedman, Grand Ballroom JD, The Washington Update 7–8 a.m. Breakfast with Sponsors and Exhibitors Grand Ballroom Foyer General Session #1: The Hidden Motives 9–9:15 a.m. Break with Sponsors and Exhibitors Grand Ballroom Foyer of Investment Teams (and How to Take 8–9:15 a.m. Grand Ballroom Advantage) | Herman Brodie, Prospecta General Session #5: Global Economic 9:15–10:15 a.m. Grand Ballroom Limited Update | David Kelly, PhD, CFA®, J.P. Morgan 9:15–9:45 a.m. Break with Sponsors and Exhibitors Grand Ballroom Foyer 10:15–10:30 a.m. Break with Sponsors and Exhibitors Grand Ballroom Foyer General Session #2: What to Do When 9:45–11 a.m. the Machines Do Everything Grand Ballroom General Session #6: Strategies for a Malcom Frank, Cognizant World of Low Expected Returns 10:30–11:30 a.m. Grand Ballroom Richard Marston, PhD, The Wharton School, Workshop #1: Private Equity— University of Pennsylvania Emerging Trends and Key Questions for Grand Ballroom Advisors and Their Clients General Session #7: The Wizard of Lies 11:10 a.m.–12 p.m. Brad Armstrong, Lovell Minnick Partners 11:30 a.m.–12:30 p.m. Grand Ballroom (Ethics) | Diana Henriques, Financial Journalist Workshop #2: Cannabis as an Investment Class | Todd Harrison, Mercury Ballroom CB1 Capital Lunch sponsored by: 12–1 p.m. America’s Hall 1 Workshop #3: Can We Get There— Current Advisor Portfolio Trends, and Grand Ballroom the Road Ahead | Patrick Nolan, CFA®, 1–1:50 p.m. BlackRock Portfolio Solutions Team Workshop #4: Applying Behavioral Finance Lessons to Long-Term Care Mercury Ballroom Planning | Steve Cain, CLTC®, LTCI Partners Workshop #5: Private Equity: Why and How? | Bob Rice, Tangent Capital Grand Ballroom and Rice Partners 2–2:50 p.m. Workshop #6: Financial Planning for the Special Needs Community Mercury Ballroom Jerry L. Hulick, CLU, ChFC®, ChSNC®, CLTC®, Caring Consulting Group 2:50–3:10 p.m. Break with Sponsors and Exhibitors Grand Ballroom Foyer Workshop #7: Chaos and Retirement Income | Jim Sandidge, JD, The Sandidge Grand Ballroom Group LLC 3:10–4 p.m. Workshop #8: Millionaire Investors: The Wealth Transfer and Next Mercury Ballroom Generation Planning | George Walper, Spectrem Group General Session #3: A Century of 4:15–5:15 p.m. Evidence on Style Premia or Smart Beta Grand Ballroom Toby Moskowitz, PhD, Yale School of Management 5:15–6:30 p.m. Reception with Sponsors and Exhibitors Grand Ballroom Foyer TWEET US USING #EXCEPTIONALADVISOR HANDLE: @IW_INST 2 EDUCATION PROGRAM SUNDAY, FEBRUARY 10 3-5 p.m. 3rd Floor Promenade Registration/Information Desk Open MONDAY, FEBRUARY 11 7 a.m.–6:30 p.m. 3rd Floor Promenade Registration/Information Desk Open 7–8 a.m. Grand Ballroom Foyer Breakfast with Sponsors and Exhibitors General Session #1: The Hidden Motives of Investment Teams (and How to Take Advantage) Herman Brodie, Prospecta Limited 8–9:15 a.m. As soon as people come together in a group—regardless of whether the group is choosing a movie or selecting a fund— Grand Ballroom systematic social behaviors come into play. Group decision-making is a well-studied domain in the social sciences and researchers have found reliable techniques to improve decision processes, especially for complex tasks such as investment Institute CE 1.5 decision-making. Even after one has identified shortcomings in the group’s decision process, and determined the best CFP® CE 1.5 remedies, they still need to be implemented. Social forces also can make the group resistant to change, so social tools are necessary to bring everyone onboard. This session will explore the social dynamics of a group and see how the dynamics impact group decision-making. Attendees also will learn techniques to sidestep the social pitfalls and manage the change. 9:15–9:45 a.m. Grand Ballroom Foyer Break with Sponsors and Exhibitors 9:45–11 a.m. General Session #2: What to Do When the Machines Do Everything | Malcom Frank, Cognizant Grand Ballroom Technology is changing the financial industry and the way value is created, both for advisors and their clients. Advisors have Institute CE 1.5 two options: be swallowed up by the ongoing technological evolution, or ride the crest of the wave to better outcomes for their CFP® CE 1.5 clients and themselves. Join Malcolm Frank as he presents actionable strategies for leveraging technology to add value for wealthy clients. Workshop #1: Private Equity—Emerging Trends and Key Questions for Advisors and Their Clients Brad Armstrong, Lovell Minnick Partners 11:10 a.m.–12 p.m. Grand Ballroom Private equity continues to evolve as an asset class, attracting record amounts of capital from investors seeking alpha. Institutional investors are finding new and innovative ways of tapping into the private equity market, yet retail investors have, to Institute CE 1 date, been largely left out. This session will delve into the dominant trends driving changes in the private equity asset class and CFP® CE 1 address some threshold questions for advisors and their clients as we kick off 2019. 11:10 a.m.–12 p.m. Workshop #2: Cannabis as an Investment Class | Todd Harrison, CB1 Capital Mercury Ballroom A secular bull market has emerged in cannabis and institutions are off-sides. Join Todd Harrison, 30-year Wall Street veteran, as Institute CE 1 he frames the opportunities and shares insights on an emerging healthcare and wellness disruption, capable of growing to a CFP® CE 1 Institute CE 1.5 multi-trillion-dollar industry. CFP® CE 1.5 12–1 p.m. Lunch Sponsored by: America’s Halls I Workshop #3: Can We Get There—Current Advisor Portfolio Trends, and the Road Ahead 1–1:50 p.m. Patrick Nolan, CFA®, BlackRock Portfolio Solutions Team Grand Ballroom Institute CE 1 This workshop explores the past 100 years of market returns in the United States and then pivots to the next 10 years, CFP® CE 1 forecasting what those returns may look like. Advisors who are able to connect client planning needs with portfolio construction likely will emerge from the next decade in a stronger position than they enter it. The session will discuss the portfolio attributes that advisors need to be successful in the next decade, overlaying current observations in 10,000 models collected from advisors in the past 12 months. 3 Workshop #4: Applying Behavioral Finance Lessons to Long-Term Care Planning Steve Cain, CLTC®, LTCI Partners 1–1:50 p.m. Most financial advisors today understand the importance of having healthcare conversations with clients. The conversations Mercury Ballroom usually cover long-term care, because more baby boomers have first-hand experience with loved ones. Then comes the tough part—how do advisors introduce the subject, or respond to clients’ objections? What do advisors recommend to their clients? Institute CE 1 How should advisors sift through all the information and present insurance solutions in a simple way? Join industry expert, CFP® CE 1 Steve Cain to hear answers to these questions and more. He’ll provide real-life case studies and best practices for meaningful client conversations and sales growth. Workshop #5: Private Equity: Why and How? | Bob Rice, Tangent Capital and Rice Partners 2–2:50 p.m. Grand Ballroom Join Bob Rice for a high-energy tour of private equity investments. He shows why the asset class outperforms historically, details the benefits and tradeoffs of several new product structures (including some that offer periodic liquidity), and demonstrates how Institute CE 1 various styles of private equity fit into traditional portfolios. CFP® CE 1 Workshop #6: Financial Planning for the Special Needs Community | Jerry L. Hulick, CLU, ChFC®, 2–2:50 p.m. ChSNC®, CLTC®, Caring Consulting Group Mercury Ballroom This session focuses on serving the special needs community—including those living with special needs and disabilities, and Institute CE 1 their caregivers—and issues families may face. Focusing on how advisors can position themselves to make an impact in the lives CFP® CE 1 of people with special needs can help caregivers holistically plan for the future. 2:50–3:10 p.m. Grand Ballroom Foyer Break with Sponsors and Exhibitors Workshop #7: Chaos and Retirement Income | Jim Sandidge, JD, The Sandidge Group LLC This session will explain why chaos theory is central to managing retirement income portfolios.
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