November 2015 | Read Online



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President's Message

President’s End of the Year Message: We put FPAOC on the Map in 2015

What an exciting year we had! The financial markets do what they do best: they go up and they go down, and not necessarily in that order from one day to the next. We, the Financial Planning Association of Orange County (FPAOC), did what we do best and that is connecting those who provide, support, and benefit from professional financial planning. We reached out to the community, academic leaders, students, advocacy groups, legislative leaders, and our allied professionals – all while serving our clients.

We did a lot. We put FPAOC on the Map.

We worked really hard to serve our growing membership of 530 members while having a lot of fun. We educated ourselves with keynote speakers at our Quarterly Education Meetings. We played with our children at the inaugural Chapter Picnic. We took a cruise around Newport Harbor. With your participation and engagement, and the assistance of multiple professional associations and our wonderful partners, this year’s Allied Professionals Summit was among the best we have ever had. The attendance was sold-out, the speakers were terrific, and we have enjoyed tremendous positive feedback from attendees.

All this work takes a great board and many volunteers on each of the committees. A very special thank you to the 2015 Board of Directors:

  • Howard Erman, Chairman
  • Wil Smith, President Elect
  • Jacqueline Zweig, Treasurer
  • Bonnie Stramer, Secretary
  • Mark Prendergast, Advocacy Chair
  • Balaji Rao, Allied Professionals Chair
  • David MacLeod, Communications Chair
  • Aileen Danley, Membership Chair
  • Scot Shier, Partners Chair
  • David Sweet, Pro Bono/Community Outreach Chair
  • Julie Bray, Programs Chair
  • Kelly MacRae, Public Relations Chair
  • Daniel Sands, Volunteer Development Chair
  • Carol Bobke, Chapter Administrator

We have started planning for 2016...Engage!!! At our October board meeting, we elected our 2016 Board Members. Congratulations to our incoming Board members, you will meet them shortly at our November Quarterly Education Meeting. Please come and join us in the study groups, breakfasts and mixers. Volunteer…your reward will be as great as your participation!

This year we implemented:

Keep: What are the things that we should keep doing?
Stop: What are some things that we should stop doing?
Start: What are some things that we should start doing?

Each year we strive to improve the ways we serve our Orange County chapter. We would love to hear your feedback on what we should Keep-Stop-Start. Email your suggestions to me so we can prepare for 2016… Engage!!!

Andi YH Kang, CFP®, CAP®
FPAOC President 2015

Upcoming Events

Allied Professionals Mixer

Date: Wednesday, November 4
Time: 5:30 pm - 7:30 pm
Location: JT Schmid’s Restaurant and Brewery
2415 Park Avenue in Tustin

Cost: $15.00, which includes appetizers and a beverage. Parking is free.

Join us after work for the perfect opportunity to network and grow your business! FPA of Orange County's Allied Professionals community brings together individuals in all areas of financial planning, including: CFP® professionals, Enrolled Agents, CFA® charterholders, CPAs, attorneys, investment professionals, Professional Fiduciaries, banking and trust professionals, insurance specialists, and other business leaders. We hope to see you there!


Chapter Study Group

Date: Thursday, November 12
Time: 2:00 pm to 3:30 pm
Location: Signature Resources
16755 Von Karman, Suite 200 Irvine, CA

Cost: Free

Join us for a roundtable discussion of current events, economics, clients, asset allocation, and many other financial planning topics. We meet to share practice management ideas, marketing, and other topics to help us grow professionally. You are welcome to add topics to the agenda and /or bring new topics to the meetings.


Advisors in Transition Meeting

Date: Thursday, November 12
Time: 5:30 pm - 7:30 pm
Location: Brown & Streza Training Room
40 Pacifica Suite 1500, Irvine, CA

Cost: $10

Topic: Practice Management Best Practices and Group Discussion

Please join our FPAOC Advisors in Transition group for an informative evening of networking and idea sharing with likeminded practitioners as we discuss and explore a variety of practice management areas. We hope to provide a forum where planners can share and hear about best practices from fellow chapter members.

Here is a sample of topics we plan to explore:

  • Information Technology: What has worked? What has not? Why do you like it or not?
    • Portfolio Management System
    • Investment Research
    • CRM
    • Rebalancing Software
    • Financial Planning
    • Risk Tolerance
    • Apps
  • Outsourcing, The Cloud and Virtual Employees
  • Compliance, Regulation and Industry Pressures
  • Growth, Enterprise Value and Succession Planning
  • Talent: What are you doing to attract and keep good employees and partners?
  • How do you measure success in your practice? Quantitative, qualitative and benchmarking measures? Strategic planning you use.


November Quarterly Education Meeting

Date: Wednesday, November 18
Time: 8:30 AM – 4:30 PM
Location: UCI Student Center Pacific Ballroom

Cost: FPA Members $25, Non-Members $150, First-Time Visitors are Free.
Lunch is included, and parking is free in the lot across from the Student Center.

Don’t miss the last Quarterly Education Meeting of 2015! We anticipate that 5 CFP CE, 5 CPA CPE, and 1 CA Insurance CE will be offered.

Speakers include:

  • Michael E. Kitces, MSFS, MTAX, CFP®, CLU, ChFC, RHU, REBC, CASL, Partner and Director of Research for Pinnacle Advisory Group and Co-Founder of the XY Planning Network, speaking on both Cutting Edge Income Tax Planning Developments & Opportunities and Understanding Safe Withdrawal Rates: Mechanics, Uses, & Caveats
  • Jordan Lopez, CFA, Senior Vice President, Senior High Yield Portfolio Analyst, Payden Mutual Funds, Leveraged Finance: Are We Nearing The End Of The Credit Cycle?
  • Tim McCarthy, Author/Speaker, and Gerard Cronin, CFA, Portfolio Manager, Advisor Partners, Investment Selection: A Framework for Combining Active and Passive Investments
  • Rick Kagawa, CFP®, CLU®, ChFC®, LUTCF, President, Capital Resources and Insurance, Inc., The Mystery of Life Insurance



View More Events


Chapter News

Volunteer of the Quarter

Congratulations to Meghan Coolbaugh, our Volunteer of the Quarter! The honor is much deserved. Meghan can be found greeting attendees and helping with registration at every Quarterly Education Meeting. Meghan is also stepping up to be on the board as the 2016 Membership Chair, and her dedication to FPAOC will be key in helping to expand our numbers!

Meghan Coolbaugh with speaker Craig Israelsen


Allied Professionals Summit

The 8th Annual Allied Professionals Summit was a huge success! A sold-out crowd packed the Pacific Club on September 29th to enjoy an afternoon of learning, networking, and inspiration. Glenn Stearns, founder and CEO of Stearns Lending, enthralled the audience with his life story. Participants then got to choose between two educational breakout sessions with Steve Williams of RCS Securities and Brody Browe, Franklin Square Capital Partners. Scott West, head of Invesco Consulting, was a perfect choice for the final keynote session, getting the crowd involved in learning simple – but not so obvious – word choices which can help bring success to any financial business. And it was easy to tell that the day was a hit by how many attendees stayed for wine and appetizers, connecting with new acquaintances and old friends. 

Thank you to our co-presenters: CFA Society of Orange County, California Society of Enrolled Agents, Orange County Chapter, and NAIFA Orange County. Also, a huge thanks to our partners: RC Securities, Franklin Square Capital Partners, AllianceBernstein, Brown & Streza Attorneys at Law, Cal Lutheran School of Management MBA in Financial Planning, and Invesco. Last but not least, the Summit would not have been possible without the many FPAOC volunteers who gave countless hours planning and preparing for this event. It was truly a group effort, and we are grateful for all your hard work!

Mark your calendar now for next year’s Summit to be held Friday, September 23, 2016, at the Pacific Club.



Chapter Picnic

Three cheers to the Volunteer Development Committee for putting on the first-ever FPA of Orange County Chapter Picnic! The highlight of the day was getting to be with fellow members outside of our normal business-related meetings. Who knew we had so many cute kids and grandkids in our chapter? (We have a lot!) The good food, fun games, and huge Lord Abbett bounce castle were all hits. Thank you to Brown & Streza for making the event possible, and thank you to AllianceBernstein for providing snow cones to beat the heat, UCI Extension for the many picnic games, and Lord Abbett for the popular bounce castle. We appreciate your support!




Members in the News

Congratulations to two of our chapter members, Michael Shockley and Lucy Walther:

Michael Shockley, JD, CFP®, was recently elected to the national FPA Board of Directors. Mike is Managing Director of RGT Capital Management, LTD. in Irvine. He is an active member of our chapter and a past president. He will serve a three-year term on the national board beginning January 1, 2016. He continues a strong line of FPA of Orange County members who have become national board members, and both FPA and our chapter will benefit from his involvement.

Lucy Walther, our own FPAOC member and Rotary Club of Irvine member will be the Rotary District 5320 District Governor in 2018-2019. Lucy is a financial advisor with Edward Jones Investments in Newport Beach. Great news for our Rotarian colleagues!

Member Highlights

New Members

Name Joined City Company
Gina M. Howie; July Laguna Beach ICM Financial
Matthew Murvay July Newport Beach Murvay Insurance Services Inc
Jesse Cels July Costa Mesa Comerica Bank
Ray Valencia July Newport Beach Integrity Wealth Management
Stephen L. Shloss, CFP® July Irvine Castle Financial
Peter Kim July Buena Park PETER KIM & CO. A.C.
Brandon L. Rivera August Downey Strategy Wealth Management
Jessica Fernandez August Tustin
Joseph Peralta August Brea
Joseph Calavitta August San Clemente
Gary Bowman August Newport Beach Bowman Financial Services
Robert August Santa Ana
Timothy Drake August Mission Viejo
Wesley Gunter September Newport Beach
Rachel Atry, RP® September Irvine RGT Wealth Advisors
Christine Dike, RP® September Irvine RGT Wealth Advisors
Amy Messer, RP® September Irvine RGT Wealth Advisors
Nick Thompson September Irvine
Curtis Williams, CFA, CAIA September Irvine RGT Wealth Advisors


Member Anniversaries

Name Company Years
Mark Prendergast Inspired Financial 30
Barbara Cole Cole Insurance & Fin. Services 20
Richard Kagawa Capital Resources & Insurance, Inc. 20
Richard Ward Stifel Nicolaus 20
Lauren Klein Klein Financial Advisors, Inc. 15
Cory Murdock Murdock Wealth Management 15
Kari Pel Pel & Associates 15
Bart Zandbergen Financial Management Network 15
David Barnett Barnett Financial Planning 10
Juna Chiang Beacon Pointe Advisors, LLC 10
Jeffrey Kaylor Kaylor Accountancy Corporation 10
Joseph Lyons Tricord Advisors Inc. 10
Loren Pierson Mercer Advisors 10
Mark Rylance RS Crum, Inc. 10
Robert Welge Robert's Financial Management 10
Julie Bray GW Financial 5
Peter Buechler Cohesive Insurance Services 5
Richard Jackman Barth Financial Advisors, LLC 5
Kelly MacRae Beacon Pointe Advisors 5
Michael Martin Goldman Lancaster Inc 5

Pro Bono/Community Outreach

Orange County Financial Planning Day

Financial Planning Day is always one of the most anticipated events of the year for FPAOC, and this year’s event was bigger than ever. Our attendance at the Huntington Beach Central Library on October 17th increased more than 20% over last year. This year we offered a dozen workshops on topics ranging from investing during turbulent times to Social Security planning, plus new topics offered specifically for teachers and Vietnamese-speaking community members. CFP® professionals met non-stop throughout the day with individuals who had financial planning questions. Over 50 volunteers helped make the day a success.

Thank you to Santori Law, Fox College Funding, CA State Senator Janet Nguyen and her staff, plus the many elected officials and community members who partnered with us. We were able to demonstrate the benefit of financial planning to many, and we hope to grow the event further next year!


Thank You To Our Partners

FPAOC Teams Up With The Orange County Register

Our chapter is proud to welcome The Orange County Register as our media partner. The Register has already played a huge role in helping us advertise the Allied Professionals Summit and Orange County Financial Planning Day. They are also offering discounts to our members on new subscriptions and advertising rates, and have opportunities for members to partner with them on educational seminars. See the Member Discount page on our website for more information.