RMA Capstone

Speaker: Chris Heye, PhD

As baby boomers age, the number of people with diminished capacity will rise, presenting client challenges and possible liabilities for financial firms. This session will explore the current demographic realities, the nature of the risks to financial services firms, the regulatory environment, and the opportunities for firms seeking to better protect their clients - and themselves.

Speaker: Bob Mauterstock, CFP^®

The fastest growing age group in the U.S. are the people over the age of 85. The new retiree may live 30 years or more in retirement. Advisors must address the changing needs of these clients or lose them to advisors who will. This program will cover the seven basic skills that advisors must learn to satisfy their aging clients. Included are discussions of running a successful family meeting, long term care planning, end of life planning and creating a lasting legacy

Speaker: Mike Kurz, CIMA^®, CPWA^®, CFP^®, CAIA^®

Speaker: Steve Weber, CFP

Learn the sources of advisor value, and learn through a case study approach how those sources can vary depending on the client needs, and then quantify the value ranges via the case studies.

Speaker: Sarah Newcomb, PhD

Preparing for retirement is one of the most important financial undertakings most people will attempt. It requires many habits of thought and behavior that don’t come naturally to many people, including: goal-setting, long-term planning, organization, and self-discipline. This talk will explain how advisors can assist clients in reaching their goals using knowledge and techniques from behavioral science. We will discuss how to use psychological distance, goal-setting tools, implementation intentions, and commitment devices to set your clients on a path to success and support them as they build their saving and investment skills along the way.

Speaker: CJ Miller, RMA^®

This session will review how the household balance sheet is constructed, including an analysis of key factors like the use of appropriate discount rates applied to the household's expenses and capital. Attendees will also see real-world examples of the household balance sheet in practice, and how it can be used to evaluate fundedness, measure risk capacity, identify planning opportunities and keep clients on track for a safe and healthy retirement.

Speaker: Devin Ekberg, CIMA, CPWA, CFA

Devin will discuss how to assess clients’ retirement risks, describe when and why those risks become relevant to clients, and discuss how to measure clients’ exposure.

Speaker: Kellie Faust

One of the greatest concerns for those in, or near, retirement is whether they will be able to afford rising healthcare costs, particularly unplanned out-of-pocket expenses. While retirees’ concerns around health care are not without merit, we will examine the reality with a deep dive into actual healthcare expenditures using the data provided by the Health and Retirement Study (HRS) and the Consumption and Activities Mail Survey (CAMS). The session focuses on the two healthcare-related risks that increase spending variability in retirement dramatically: long-term care events and longevity. We then propose solutions financial professionals can utilize with clients to achieve better outcomes in retirement.

Speaker: Bob Powell, CFP

Start with the end in mind: The steps to creating an RPS (Retirement Policy Statement); Procedural Prudence Map *needs template and format for both the program and capstone; possible case study

Speaker: Bob Powell, CFP

This review of the RMA Curriculum will cover chapters 1-4.

Speaker: Roger Whitney, CIMA^®, CPWA^®, RMA^®, CFP^®

This session will examine risk management approaches developed in the RMA certification curriculum that can be integrated into retirement portfolio allocations using behavioral finance (BeFi) techniques.

Speaker: Marcia Mantell, RMA^®

Social Security is a critical income source for most client’s retirement. It is a complex law causing many missteps and misunderstandings. And, Medicare is an even more complex part of the Social Security Act. In this session, RMA candidates will explore 10 key Social Security questions clients frequently ask and hear answers to them. Plus, the candidates will learn about 5 key points of connection between the two programs that create unwelcome surprises for clients as they make the transition into retirement.

Speaker: Dana Anspach, RMA^®

How do you make sure a client’s portfolio can deliver reliable paychecks as they transition into retirement? In this presentation, you’ll learn why asset–liability matching has been used by pension plans for years, and how they match investments to the point when they need to be consumed. Learn why clients love this approach, and how to apply it to your portfolios.

Speaker: Keith Whitcomb, RMA^®

This session will show how the Procedural Prudence Map overlays the framework of a client retirement plan. See how the principles of the RMA method are used to create the client retirement plan.

Speakers: Bob Powell, CFP^® and Mike Lonier, RMA^®

Utilize a case study with associated fact pattern and available document templates to analyze and determine the hypothetical client situation by applying the techniques, strategies and engagement steps to propose a client-focused retirement income plan. Candidates will work in small groups to understand the details, develop strategies and discuss a final proposal with provided presentation templates.

Speakers: Bob Powell, CFP^® and Mike Lonier, RMA^®

Each small group will have 15-20 minutes to deliver a case study-focused proposal for this hypothetical retirement income plan. Candidates will engage with group, provide feedback, share in open discussion in an effort to gain insight into the strategies and approaches included in the proposed plan.

Speaker: Bob Powell, CFP^® 

Review of Curriculum; Chapters 5, 6, 7 and 8 are covered in this presentation.