On Tuesday, October 23, The Kelly Group’s Charlie Wolpoff spoke on Legacy Planning at the MACPA’s annual Personal Financial Conference in Towson. Charlie discussed the significance of moving beyond basic estate planning with a Legacy Planning process. Legacy Planning is not just about protecting and preserving the family assets; it is about protecting and preserving the family, while helping us craft a meaningful and loving legacy. The conference was attended by CPAs who are financial planners and business consultants who advise clients in retirement and financial planning issues.
From October 3rd through October 5th, Bryan Kelly, Jodi Davis, and Chad Arrington attended the annual Financial Planning Association conference in Chicago. The informative and educational conference included a talented line up of industry professionals. The presentations offered timely, fresh and thought-provoking insights on such planning-related topics as retirement income strategies, asset class diversification, and behavioral biases.
From September 12 – 14, Bryan Kelly, Michael Bertrand and Kathi Morlock attended the annual Premier Wealth Management conference in Hershey, PA. The conference, attended by our peers in the mid-Atlantic region, included sessions on compliance, practice management, technology and leadership. After the conference, Kathi and Michael enjoyed some of the Hershey attractions.
The Kelly Group is pleased to welcome to our firm our new Executive Vice President, Rick Fletcher. Rick, who joined The Kelly Group on August 1, 2018, has more than 25 years of experience in the financial services industry, including roles as Regional Director for Edelman Financial Services and as Vice President Regional Planning Consultant for Fidelity Investments. More significantly, he also brings to The Kelly Group, a Bel Air-based financial services firm, the same passion for client service, community involvement, and stewardship of clients’ wealth exhibited by every TKG team member since our founding in 1997.
“We are thrilled by this addition,” says Bryan Kelly, co-founder and managing partner of The Kelly Group. “A leader in this industry and a long-time friend, he will be a trusted mentor to all of us, particularly our younger planners. As we continue to grow, Rick will play a vital role in helping us maintain the effectiveness of our processes and our laser-like focus on guiding clients toward their financial goals. Welcome, Rick!”
Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc. a Registered Investment Advisor. The Kelly Group and Cambridge are not affiliated. 54 East Gordon Street, Bel Air, MD 21014.
On Wednesday, July 11, ten members of The Kelly Group drove to Short Hills, NJ to meet with leading decision makers of Franklin Templeton, the parent company of certain of our strategists. The agenda—created specifically for The Kelly Group–included discussions with: Peter Langerman, Chairman , President, and Chief Executive Officer of Franklin Mutual Advisers; Timothy Rankin, Portfolio Manager of Franklin Mutual Series; Elsa Goldberg, Institutional Portfolio Manager for the Global Macro team; and Andrew Sleeman, Portfolio Manager for Mutual International. Among topics discussed were: a review of year-to-date-investment performance, expectations for global stock and bond markets, the role patience plays in their investment decisions, techniques they use for controlling risk and downward volatility, and how negative financial and economic developments can help create valuable investment opportunities. These discussions, part of TKG’s ongoing due diligence investment process, helped confirm the sophistication, professionalism, and depth of the teams making investment decisions for our Franklin Templeton strategists. The Kelly Group delegation included Bryan Kelly, Chuck Wienckowski, Chad Arrington, Charlie Wolpoff, Tom Cusick, Joe Henninger, Jordan Heaps and interns Zach Smith, Logan Gasior, and Hunter Sauserman.
On June 27, The Kelly Group and Kelly CPAs and Consultants hosted an educational seminar for more than 100 clients and their guests on the tax changes resulting from the Tax Cuts and Jobs Act. Presenter Chuck Wienckowski addressed the new change law provisions that fundamentally change the individual and business tax landscape. These changes, which mostly take effect in 2018, include changes to marginal income tax brackets and the alternative minimum tax, limits on common itemized deductions, and very complex new 20% deduction for pass-through businesses.