Quarterly Meetings



2014 Chapter Quarterly Meeting Schedule

  • February 14, 2014
  • May 16, 2014
  • September 19, 2014
  • November 21, 2014

Meeting Agenda


September 19, 2014

Barnes & Thornburg

11 South Meridian Street, Indianapolis, IN 46204

Registration Begins at 8:00 a.m.
(*Please arrive early to sign-in)




All handouts for our meetings will now be on our website one week prior to the meeting date. We will no longer be printing handouts for the attendees, but feel free to make your own copies and bring them with you!


8:00 a.m. - 8:25 a.m.      Registration
8:25 a.m. - 8:40 a.m.      
Announcements: John Wheeler, FPA Chapter President and

                                              Tim Voegele, VP & Programming Chairman, CFA Society

8:40 a.m. - 8:50 a.m.      
FPA Corporate Sponsor Update: Peter Moor,

                                               Fred Alger & Company

8:50 a.m. - 9:00 a.m.       FPA Corporate Sponsor Update: Tim Ponstingle,

                                               Charles Schwab

William Smead, Smead Capital Management
9:00 a.m. - 9:50 a.m.   
(Approved for 1 hour CFP CE & Insurance CE)    
"The Well Known Fact"        
Smead Capital defines a "Well-Known Fact" as a body of economic information, which is not only known throughout the economy and media, but has been acted upon by nearly all market participants. A "Well-Known Fact" and its existence can serve as a contrary indicator in investment markets. In this talk, Bill Smead, CEO and CIO, will run through historical and current "Well-Known Facts" to paint a landscape of the current markets as well as how to interpret "Well-Known Facts" with regards to investments.
William is the founder of Smead Capital Management, where he oversees all activities of the firm. As Chief Investment Officer, he is the final decision-maker for all investment and portfolio decisions as well as reviewing the implementation of those decisions in the firm's separate accounts and mutual funds. He has appeared on CNBC and Bloomberg TV in addition to being quoted by news publications such as Reuters, Bloomberg and the Wall Street Journal.
William began his career in the investment business with Drexel Burnham Lambert in 1980. He left Drexel Burham Lambert in 1989 as First Vice President/Assistant Manager and joined Oppenheimer & Co. William left Oppenheimer & Co. and joined Smith Barney in 1990. He was with Smith Barney until September 2001, when he joined Wachovia Securities and became the Managing Director/Portfolio Manager of Smead Investment Group of Wachovia Securities. William was with Wachovia Securities until the founding of Smead Capital Management in July 2007.

9:50 a.m. – 10:00 a.m.

Laird Landmann, TCW/Metwest
10:00 a.m. – 10:50 a.m.
(Approved for 1 hour CFP CE & Insurance CE)    
"Active Bond Management: Behavioral Biases and Cyclical Phenomenon Driving Risk and Opportunities in Fixed Income" 
This presentation is designed to help you understand how behavioral biases and cyclical phenomenon impact fixed income investing and create opportunities for investors. We will look at different aspects of human nature and behavioral patterns impacting investor psychology and risk taking; we will review cyclical patterns in the fixed income markets and how recent structural changes, such as the Volker rule, can create repeatable and exploitable anomalies in the markets; and finally, how systemic risk taking has influenced excess returns in fixed income markets.
Mr. Landmann is a Generalist Portfolio Manager in the U.S. Fixed Income Group. He joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest). Mr. Landmann currently serves on the boards of the Trust Company of the West and the Metropolitan West Mutual Funds. Mr. Landmann currently co-manages many of TCW and MetWest's mutual funds, including the MetWest Total Return Bond Fund, the MetWest High Yield Bond Fund and the TCW Core Fixed Income Fund, and leads the fixed income group's risk management efforts. He is a leader of the MetWest investment team that was recognized as Morningstar's Fixed Income Manager of the Year for 2005 and has been nominated for the award eight times. Prior to founding MetWest in 1996, Mr. Landmann was a principal and the codirector of fixed income at Hotchkis and Wiley. He also served as a portfolio manager and vice president at PIMCO. Mr. Landmann holds an AB in Economics from Dartmouth College and an MBA from the University of Chicago Booth School of Business.

10:50 a.m. – 11:00 a.m.

Bob Mauterstock, CFP, ChFC, CLTC, Gift of Communication
11:00 a.m. – 11:50 a.m.
(Approved for 1 hour CFP CE &  Insurance CE)
"Bridging the Gap, Creating an Intergenerational Plan for your Clients"
Create a plan for your clients that extends through the generations. Learn the skills to build communication between elderly parents, their boomer children and their adult grandchildren. Discover the five steps to engage the entire family in creating a lasting, intergenerational plan that incorporates asset protection, long term care planning and end of life planning. Become an effective facilitator to run productive family meetings, and secure your position as the trusted advisor for your clients, their children and grandchildren.
For 33 years, Bob Mauterstock was a financial advisor to hundreds of families. Over and over he saw families devastated by an unexpected financial or health-related crisis that elderly parents faced. Most families found it almost impossible to bridge the gap between generations to deal with these issues. After many years, he developed a proven method of communication to solve this problem. He discovered that as the family financial advisor he could bring the family together and create a lasting intergenerational plan. He learned how to give families the gift of communication.

As more and more families are faced with the issues of aging, financial advisors are in a unique position to help clients deal with this crisis. You can lock in your position as the family's trusted advisor for generations to come. Don't miss this opportunity.

Bob Mauterstock is an accomplished speaker, author and sought after authority on the financial concerns of the elderly and their adult children to preserve their legacy. For over 35 years, Bob has helped families achieve a worry free, comfortable retirement. He has inspired elderly parents and their adult children to give each other the gift of communication to create a meaningful legacy for future generations.  Bob retired as a financial adviser in 2009 and since then has focused his energy on coaching financial advisers to learn the skills to advise their clients on eldercare issues. Bob holds a Master's Degree in Education from University of Connecticut, and a Bachelor's Degree in Psychology from Princeton University. He is a former Navy helicopter pilot and holds the CFP, ChFC and CLTC designations.

11:50 a.m. – 12:45 p.m. 
Lunch Sponsored by Voya Investment Management
12:45 p.m. - 12:55 p.m. 
Lunch Sponsor: Lori Calloway, Voya Investment Management

Terry Tolliver, Attorney General’s Office
12:55 p.m. – 1:45 p.m.
(Approved for 1 hour CFP CE & Insurance CE)
"How You and Your Clients Can Avoid Scams and Prevent Identity Theft"

The purpose of this presentation is to provide a brief overview of consumer fraud and identity theft and explain how the Office of the Attorney General can assist those that may have become a victim. We will discuss how to recognize common scams that may arise and how to respond. We will also talk about the various tools that are available from the Office of the Attorney General.
Terry Tolliver serves as Attorney General Greg Zoeller's Deputy Director of Consumer Protection.  Prior to his return to the Attorney General's Office, Terry was a Deputy Consumer Counselor with the Indiana Office of Utility Consumer Counselor ("OUCC"), where he represented the interests of ratepayers, consumers, and the public before the Indiana Utility Regulatory Commission. 

Terry earned his undergraduate degree from Indiana University in 1997, his law degree from the Indiana University School of Law - Indianapolis in 2000, and his MBA from Indiana University's Kelley School of Business in 2001. 

Terry serves as faculty for the National Attorneys General Training and Research Institute (NAGTRI), the Indiana University Kelley School of Business, and Indiana Wesleyan University.

Terry was recently elected to the Indiana State Bar Association's Board of Governors and has been inducted as a Patron Fellow of the Indiana State Bar Foundation and as a fellow of the Indianapolis Bar Foundation. In addition, Terry serves on the board of Metro Ministries, the outreach arm of the United Methodist Church's Central District of Indiana, and chairs his church's Board of Trustees.

1:45 p.m. – 1:55 p.m.

Morton Marcus, Economist
1:55 p.m. – 2:45 p.m.
(Approved for 1 hour CFP CE, Insurance CE pending)
"Current Economic Conditions and their Implications for the Future" 
This program will take a wide-sweeping view of how national and international economic conditions are setting the stage for future developments. While Gross Domestic Product (GNP) and its components remain the primary measure of economic activity, regional differences contribute important elements to the national picture. Given the predominance of Indiana participants at this gathering of financial planners, careful attention will be paid to the divergence of this state's economy from that of the nation.
Although major attention will be given to a selected presentation of key economic indicators, additional emphasis will be placed on demographic measures. All too often, the current and future implications of the age distribution, labor force participation rates, household formation activity and other demographic factors are ignored by economists and the public in general. Yet both current and future conditions depend on these slow moving, almost tectonic, factors.
The program will also take into account several of the leftover effects of the Great Recession that are still impacting the economy. To the extent possible, time will be left for questions, comments and responses.
Financial planners, in particular, need to be well-informed about both potential long-term economic and demographic trends as they supply information to clients and/or act on behalf of clients. It is the haze of the future that drives clients to financial planners. Uncertainty and risk cannot be eliminated; nonetheless improved information about key trends can improve the services offered by financial planners.

Morton Marcus taught economics for 33 years in the Kelley School of Business at Indiana University where he was the Director of the Indiana Business Research Center. He retired from the University in 2003, but continues to write a weekly newspaper column and speak to civic and business groups. He has been an advisor on matters of public policy to six Indiana governors and consulted with businesses across America.

2:45 p.m. – 2:55 p.m. 

Jeremy L. Pemberton, Waypoint Residential
2:55 p.m. – 3:45 p.m.
(Approved for 1 hour CFP CE & Insurance CE)
"Using Direct Real Estate as a Fixed Income Alternative"
The presentation will cover a macroeconomic outlook on the 2014 real estate market.  We will highlight the different types of real estate investment strategies and compare opportunities in each sub sector of the real estate market.   We will focus on how real estate compares to more traditional investments including stocks/bonds and how the asset class can be used as a non-correlated investment to the equity markets.  The presentation will conclude by focusing on different types of real estate investment structures and the potential tax benefits that each type of structure offer to potential investors.

Mr. Pemberton has over 18 years of real estate investment experience.  Prior to joining Waypoint Residential, Mr. Pemberton was President/ Executive Managing Director of Avatas Capital, a private investment firm specializing in owning/advising on commercial real estate.  Prior to founding Avatas, Jeremy was a Managing Director and Co-Head of Real Estate for North/South America, and a member of the Management Committee of  Babcock & Brown, an $80 billion multi-national fund manager and merchant bank, which he joined in 1999.   To date Mr. Pemberton has completed in excess of $14 billion in transactions and has personally owned interests in over 20 million square feet of commercial real estate.  Jeremy has undergraduate degrees in economics, finance and accounting and an MBA from the University of Findlay in Ohio.
At the end of the day, join us for a little mixing & mingling!

Thanks to Lori Calloway, of Voya Investment Management (and our lunch sponsor), immediately following the meeting, please join us at Napolese - An Artisanal Pizzeria for some beverages & appetizers.

From 3:45/4:00 p.m. - 5:00 p.m. we will be congregating in the bar area of Napolese courtesy of Lori!
Napolese: 30 South Meridian Street, approximately 250 ft. south of the entrance to Barnes & Thornburg (and across the street) - we hope to see you there!

Register Today

Call: (317) 373.1355
Email: roxanne.mcgettigan@fpaindiana.org

Cost: FPA &  CFA Members = FREE              Non-Members = $75.00

Guest of a member is free the first time

 RESERVATION DEADLINE: September 16th at 4:00 p.m.

















2014 Patron Sponsors

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