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2017 PFS Exam Discount

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PFP News


Member-Exclusive News, Resources and Events


May 24, 2017

In This Issue

IRAs from Age 16 - 69 with Bob Keebler

Bob Veres Inside Information: Fee Survey Report

Broadridge Alert: U.S. Census Bureau Releases Report on Young Adulthood

New in the Learning Library: American Health Care Act Podcasts

CPA/PFS Corner: 2017 PFS Exam Discount; Prepare for the Summer PFS Exam

Other News: Podcast: Cybersecurity and Ransomware - Protecting Yourself from Attack; Broadridge Alert: New Materials Available; Leg/Reg: AICPA Comments on Presidential Executive Order on Tax Burdens; Bob Veres Media Reviews: Where to Start Tech Spring Cleaning; Bob Veres Inside Information: An Interview with Don Phillips of Morningstar; Apply to Volunteer on a PFP Committee



PFP News & Resources


IRAs from Age 16 - 69 with Bob Keebler


In this video podcast, Bob Keebler, CPA/PFS, provides an overview of planning with Individual Retirement Accounts (IRAs), including contribution, management, and distribution strategies. He walks you through planning strategies over time from age 16 to 69 using case study examples.


Bob Veres Inside Information: Fee Survey Report


Bob Veres has compiled this fee survey report which contains information on how advisory firms are pricing their services so you can decide, using hypothetical guidelines, whether your asset management fees are "reasonable." The report also looks at how advisors are charging their clients and breaks down average fees for portfolio sizes, for different types of firms and also what percentage of AUM fees should appropriately be allocated to non-management activities like financial planning.


Broadridge Alert: U.S. Census Bureau Releases Report on Young Adulthood


The U.S. Census Bureau recently released a report on the changing economics and demographics of young adulthood. The report compares the experiences of young adults in 1975 to those in 2016. Today, educational and economic accomplishments are considered important milestones of adulthood by most Americans, whereas marriage and parenthood rank much lower. The report examines trends among young adults in marriage rates, employment status, living arrangements, and completion of formal schooling over the last 40 years. Learn more in this advisor alert.


New in the Learning Library: American Health Care Act Podcasts


In case you missed it, the following recordings are available to you as a PFP/PFS section member. You can access all recorded events in the PFP Learning Library when it is most convenient for you.


American Health Care Act Update - Ted Sarenski, CPA/PFS, discusses how the American Health Care Act, passed by the House of Representatives on May 4, will impact individual and business owner clients if it becomes law.

Health Care Bill Income Tax Provisions - Bob Keebler, CPA/PFS, outlines the broad principles for tax reform as proposed by the Trump administration. Find out what the proposed changes are, what it may mean for your clients and strategies to consider.



CPA/PFS Corner



2017 PFS Exam Discount
In celebration of the 30th anniversary of the PFS credential, register for the summer PFS Exam (taking place July 1-31) for only $30. Use code 30EXAM at checkout.


Prepare for the Summer PFS Exam

Begin preparing for the Summer PFS exam in any of the following ways:


Self-study online course allows you to study and review the material at your own pace and convenience

In-person class at the AICPA ENGAGE conference in June



Other News



Podcast: Cybersecurity and Ransomware - Protecting Yourself from Attack
Given the recent ransomware attacks, financial technology expert, Joel Bruckenstein interviews cybersecurity expert Brian Edelman in this podcast from the AICPA PFP Division.

Broadridge Alert: New Materials Available
Broadridge has announced the release of a new concept video and two new concept pieces. The first new concept piece presents six steps pre-retirees might consider before beginning distributions from their employer-sponsored retirement savings plan. The second new concept piece discusses why robo advisors may not be able to fully address the needs of investors. Login to view these new materials.

Leg/Reg: AICPA Comments on Presidential Executive Order on Tax Burdens
On May 16, the AICPA commented on Executive Order 13789 which directs the Secretary of the Treasury to immediately review all significant tax regulations issued by the Treasury. The AICPA submitted recommendations in this letter which touches on specific regulatory actions that may warrant review.

Bob Veres Media Reviews: Where to Start Tech Spring Cleaning
Bob Veres Media Reviews are designed to save you hours of reading time each month -- giving you time for more productive activities. Read Bob's write-ups of articles in May's Investment Advisor magazine, including those rated with high relevance like "Where to Start Tech Spring Cleaning" by Dan Skiles. Also read May's Financial Advisor high relevance articles like "A Responsible Investment Robo Welcomes Human Advisors" by Carol Clouse. Access other editions of media reviews, Inside Information and e-columns.

Bob Veres Inside Information: An Interview with Don Phillips of Morningstar
The latest article in Inside Information* from Bob Veres features Fund Master, in which Morningstar's Don Phillips shares his thoughts about the evolution of the fund industry, the importance of transparency and how to pick the active managers who can compete with the index funds. *Access to Inside Information is a benefit of PFP/PFS membership, which is an individual membership. If your colleagues would like access to this newsletter service, they can either purchase directly from Bob Veres or sign up for PFP membership.

Apply to Volunteer on a PFP Committee
The AICPA has many volunteers who serve on the various personal financial planning committees and task forces. If you are interested in participating on a committee or task force, please log on to volunteer central at and complete the volunteer application. Please make sure to load a resume or CV when you complete the application. The PFP Committees are:


PFP Executive Committee

PFS Credential Committee


In addition, there are numerous task forces set up every year to work on special projects identified by the committees. If you have questions, please contact us at Our volunteers are what make the AICPA the great organization it is, so please consider serving on one of our committees or task forces. The application period is open through July 10, 2017.





PFP Section-sponsored webcast recordings and materials are available as part of your PFP/PFS membership and are posted to if you would like to listen again or if you are not able to attend the live event.

Conference recordings are available at no charge to conference attendees or for purchase to those who weren’t able to attend. Recordings from past conferences are available at aicpaconference

Upcoming PFP Section-Hosted Webcasts:

Watch PFP News for registration links for upcoming events!

Today! Proactive Financial and Tax Planning: The First 100 Days
May 24 from 1-2:45pm ET.
Discounted CPE.

Evaluating Existing Variable Annuities
June 29 from 1-2:15pm ET
Discounted CPE

Taking a Fresh Look at Reverse Mortgages
July 19 from 1-2:15pm ET
Discounted CPE.

Financial Planning and Tax Implications of Retirement Plans
July 26th from 1-2:45pm ET
Discounted CPE.

Working Effectively with Emotional Clients
August 16 from 1-2:15pm ET
Free (no CPE).

Advising "Sandwich Generation" Clients on Balancing Support for Parents and Children
August 30 from 1-2:15pm ET
Discounted CPE.

Upcoming Conferences:

Advanced PFP Conference (ENGAGE)
June 12-14, 2017
Discounted CPE.

Building a Personal Financial Planning Services Business*
(ENGAGE pre-conference workshop)
June 10-11, 2017

George Kinder's Seven Stages of Money Maturity Workshop*
(ENGAGE pre-conference workshop)
June 10-11, 2017

PFP Bootcamp*
(ENGAGE pre-conference workshop)
June 10-11, 2017

Planning for the $5-12 Million Dollar Estate*
(ENGAGE pre-conference workshop)
June 11, 2017

*To register for the ENGAGE conference and a bundle workshop, click here to start the registration wizard; once you enter your personal information, you will be directed to the next page where you can choose your registration pass. Hit next to add on a workshop of your choice.

2018 Personal Financial Planning Summit
January 7- 10.
Registration Coming Soon.


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