Is It Time to Abandon Traditional Investment Planning Strategies

Overview

Jess LeDonne, Director of Policy and Legislative Affairs at The Bonadio Group, discusses the Corporate Transparency Act (CTA) and its impact on businesses. Effective January 1, 2024, the CTA requires many companies, especially smaller ones, to report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN) to enhance transparency and combat illicit activities. LeDonne emphasizes that while larger corporations may be exempt, smaller entities must comply to avoid severe penalties. She outlines key aspects of the reporting requirements and advises that straightforward filings can often be managed using FinCEN’s resources, but complex situations may require legal counsel.

Highlights

Understanding and assessing risk and return, and matching to expected return
Investment vehicles
Designing an asset allocation portfolio in today's environment for different stages of life
Solidify an appropriate investment strategy based on risk
Helping clients stay on top of potentially life-altering situations
help clients understand the intricacies of investment planning
Investment markets and the effects of world events
Dealing with increasing client concerns

Prerequisites

None.

Objectives

Understand investment theory vs. real-world application
Develop a systematic approach to running an investment practice
Construct client investment portfolios tied to risk tolerance, time horizon, and market conditions
Measure investment success
Evaluate software tools to assist in practice development and investment management
Manage client expectations in an environment that is anything but ordinary
Break down your client's understanding of investing
Assess risk and return relationships
Decipher investment vehicles
Monitor the client's investment portfolio

Preparation

None.

Notice

This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.