The Young & Not-So-Young

Two simultaneous program tracks–technical and career development–gave attendees a choice of content. The technical track addressed basic topics such as the AMT, portfolio construction with alternative asset classes, and elder care issues under new regulations. The career development option addressed more personal questions: implications of making a job change, multigenerational working environments, working in a business that is not growing, and ownership considerations.

All attendees were brought together for two other keynote events. The first featured a panel of young and old practice owners who gave their perspectives on what it means to “think like an owner.” Topics covered included building a practice, managing employees, creating career tracks, meeting client demands, marketing services, and keeping up with the ever-changing demands of a dynamic industry. Bob Veres closed the conference with his trademark wit and insight and a call for younger planners to share their talents. “Younger people tend to be closer to the present,” Veres said, “your mission should be to communicate to your employer the most effective ways to change their firms today, that could dramatically enhance your, and their, tomorrow.”

Angela Herbers is a virtual business manager and consultant for independent financial planning firms. She can be reached at [email protected].