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Schedule of Events

ATTENTION: All times are CST

8:30 - 8:50 AM


Dr. Ron A. Rhoades, Director, WKU Personal Financial Planning Program

Professor Andrew Head, Director, WKU Center for Financial Success

8:50 - 9:40 AM

Michael Kitces
Strategies for Managing Sequence of Returns in Retirement

For long-term investors, the reality is that even if markets are volatile for a period of time, as long as the portfolio stays invested, returns can average out in the long run. In the case of retirees, however, ongoing spending withdrawals introduce the possibility that if the portfolio experiences weak returns early on, it could be depleted entirely before the good returns finally show up. As a result, retirees must consider this “sequence of returns” risk when planning for retirement, and strategies to manage it, from reducing spending in the first place, to engaging in more dynamic asset allocation to reduce risk exposure, or dynamic spending strategies to adapt spending withdrawals to market changes along the way!

9:40 - 10 AM

Networking break with sponsors (in adjoining room)

10 - 10:50 AM

Michael Kitces
Applying Behavioral Finance in Your Financial Planning Practice

An increasing volume of research is making clear what financial planners have long known – that clients do not always act in a purely rational manner. But it’s one thing to recognize that clients sometimes make irrational decisions, and another to really understand what drives those decisions and how to help clients avoid the most damaging mistakes. In this session, advisors will learn what the behavioral finance research has shown about our not-always-rational decision-making process, and how to consider making adjustments to the delivery of their financial planning services to help clients achieve more desirable outcomes through better communication and enhanced trust.

10:50 - 11:10 AM

Networking break with sponsors (in adjoining room)

11:10 AM - NOON

Josh Binford, CFP, Dimensional Funds Advisors
Investment Portfolios and Retirement Income Strategies

Providing income from a client’s investment portfolio during her, his or their retirement years – without incurring too much risk – is always a challenge. But certain investment strategies can be utilized to seek to address certain macroeconomic and market risks. Josh Binford, CFP, brings these complex data and concepts to life through an advisor-centered presentation.


Lunch served (buffet is located in adjoining room) 
Updates from the Leadership of Western Kentucky University

12:35 - 12:40 PM

Dr. Indu Chhacchi, Chair, WKU Department of Finance

12:40 - 12:50 PM

Dr. Christopher Shook, Dean, WKU Gordon Ford College of Business

12:50 - 12:55 PM

Ms. Amy Hoffman Combs, Director of Campaign College Advancement

12:55 - 1:45 PM

David Beckworth, Senior Research Fellow, Mercatus Center at George Mason University
Are Big Changes Coming to the Fed?

The Federal Reserve has undergone significant changes in the way it conducts monetary policy since the Great Recession of 2007-2009. It’s balance sheet is permanently larger, it now uses administrative interest rates for monetary policy, and it has new tools in its arsenal.  Despite these changes, the Fed still struggles to meet its dual mandate of full employment and price stability. As a result, the Fed has chosen 2019 to be a year of review where it will evaluate its strategies, communication, and tools. This review opens the door for further changes at the Fed. These past and potential changes will be discussed and their implications for the retail investor considered in this presenation.

1:45 - 2:05 PM

Afternoon networking break

2:05 - 2:55 PM                   

Thomas E. Galgano, Jr., CFA, Vanguard
Advisors’ Alpha

In a world where technology is driving cost compression in every market, why should the advice marketplace be any different? Clients want more services at lower prices. Furthermore, compliance costs are rising while the tabloids are riddled with headlines about the “robo” threat. These headwinds can be daunting for a fee-based advisor trying to run a sustainable business and drive value for clients. If you ask Vanguard, the secret to surviving in this ultra-competitive landscape is simple. Control what you can. Building a value proposition on the seven modules discussed in this presentation and ensuring that clients appreciate the importance of their proper execution will all but eliminate conversation about fees and underperformance. The biggest risk to your practice is not that you underperform some benchmark. It’s that your clients will leave you. Come learn how much Vanguard thinks financial advice can be worth on an annual basis with Quantifying Advisor’s Alpha.

3 - 4:45 PM

Please choose either:

3 - 4 PM
Meet the Firms, Practitioners, Students, and Sponsors (in the adjoining room)

Join us for a special networking event – all attendees are welcome. During this event we encourage our students to practice their networking skills … so please stay and share a bit of your time to converse with one or more of our students, as well as with other practitioners and our sponsors.


3 - 4:45 PM
Ron A. Rhoades, CFP Board Ethics Presentation (in the main conference room)

How will you and your firm address these tough new requirements? This program is designed to educate CFP® professionals on the new Code of Ethics and Standards of Conduct that takes effect October 1, 2019.

For more information about the symposium and venue, please visit our Important Information page. 

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 Last Modified 8/15/19