2018 National Financial Plan Competition Call for Entries

May 10, 2017 by · Comments Off on 2018 National Financial Plan Competition Call for Entries
Filed under: IARFC Posts 

Registration for the 2018 National Financial Plan Competition is open!

The IARFC extends its invitation to professors and their undergraduate students enrolled in Financial Services curriculum to participate in the production of a comprehensive personal financial plan based on uniform sample data provided.

“Education is the underlying factor in our competition,” advises IARFC Chairman H. Stephen Bailey, RFC®. “Students need to understand how to present to a real client, in the real world with a real case scenario. Developing a financial plan is the core of what we do.”

The competition allows for extensive learning opportunities. Individual students or teams of two are sent a fictional case study to do the following:

(1) initially develop a personal financial plan following submission guidelines,

(2) as a semi-finalist present the plan via webinar to a panel of financial professionals and finally

(3) as a finalist explain their conclusions live in front of experienced consultants.

The National Financial Plan Competition relies on Corporate Sponsorship and individual sponsorship from its members. These members are very interested in helping students in financial programs have a problem solving real world experience – the financial plan being a basic product for a client. The competition also provides opportunities for students to network and gain insight from successful financial services professionals.

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2016 Winner Molly Funk presenting the Jackson Family Financial Plan at the Charlotte Motor Speedway in Charlotte, NC during the finals of the competition.

“I definitely encourage it,” explains 2016 Comp winner Molly Funk of Bryant University from Smithfield, RI.

“It was a really great learning experience for me. I found out things I never knew were possible that were applicable to everyday life. I was able to discuss with my parents and converse with them in an educated way.”

The IARFC is now accepting participation agreements from educators who feel this is a challenge and a worthwhile project for their students. In 2018 the finalist, accompanied by their professor, will be presenting their plans in person to a panel of judges in Asheville, NC at the IARFC Spring Conference, April 17-19.

Deadline for Participation Agreements and Registration Fees is September 1, 2017.
Deadline for Plan Submission by students is November 20, 2017.

To find out more information or register for the 2018 Competition, contact us at plancomp@iarfc.org.

IARFC Chairman presents 2017 Dunton Award to Ric Edelman, RFC

May 8, 2017 by · Comments Off on IARFC Chairman presents 2017 Dunton Award to Ric Edelman, RFC
Filed under: IARFC Posts 

Ric and Steve Receiving dunton

2017 Loren Dunton Memorial Award

H. Stephen Bailey RFC, Chairman of the IARFC presented the annual Dunton award to Ric6- IARFC Chairman II Edelman April 24th during the recent Edelman’s Family and Friends event held at the Hilton McClean Tysons Corner in McClean, VA.

Ric received the Dunton Award as an individual who has made a substantial contribution to the financial services profession and/or financial interests of the public.

For 30 years, Ric Edelman has worked to teach everyday people about personal finance. He’s widely regarded as one of the top advisors in the advisory field, having been named in 2016 among the country’s Top 10 Wealth Advisors by Forbes magazine, the nation’s #1 Independent Financial Advisor (three times) by Barron’s, and one of the “10 most influential figures” in the advisory field by RIABiz in 2013.

More about Ric

Dunton’s Realization
“That the ethical sale of financial products and the delivery of competent advice is  a very noble calling.”
More about the Dunton Award

 

 

 

 

 

Ethics Approved Plaque – a visual message of your status

April 30, 2017 by · Comments Off on Ethics Approved Plaque – a visual message of your status
Filed under: IARFC Posts 

EthicsAvailable in the IARFC Store NOW!
Have you recently been granted your “Ethics Approved” Status?   A visual reminder to those clients and prospects visiting your office is our Ethics Approved Plaque now available on the IARFC Store.

In this day and age where ethics is a factor in choosing and keeping a financial consultant, this approval is more critical than ever.  This is more than just a branding opportunity, it is testament to your high standards – and the IARFC stands behind you.

 

The Path to Being “Ethics Approved”
The IARFC Team reviews all membership renewals submitted to the Association and rewarding members for their long-term commitment to the IARFC Code of Ethics. They check FINRA records, state licensing records and even conduct an internet search of each member’s name. Reviewed history includes personal or business bankruptcies, compromised credit issues, any pending customer disputes, regulatory events and/or criminal misdemeanors or felonies.

Members need to have a clean record for the preceding five (5) years in order to qualify for the Ethics Approved Program. Members who meet these standards will receive an embossed seal stating they are “Ethics Approved” with the year of the review and is effective for two years.

“We feel that this additional check is our obligation to the public who needs assurance of the integrity of their financial professional,” explained Chairman H. Stephen Bailey. “The public is more educated than ever and needs assurance of the background of their financial professional and their adherence to a Code of Ethics.”

Ordering is Easy
The Ethics Approved plaque may be purchased through the IARFC Store.  Order yours today.

 

Dr. Rosilyn Overton, RFC® Receives Financial IARFC Founder’s Award

April 20, 2017 by · Comments Off on Dr. Rosilyn Overton, RFC® Receives Financial IARFC Founder’s Award
Filed under: IARFC Posts 

 

We are proud to recognize Dr. Rosilyn Overton, Ph.D., CRPS, LTCP, CFP®, RFC® of Mid-Atlantic Securities, Inc. in Great Neck, NY with their Association Founder’s Award. In honor of the IARFC Founder John J. Gargan, this tribute is presented to members who have delivered significant service to the operations and growth of the International Association of Registered Financial Consultants.

Founder’s Award Criteria

  • Past or present Board Director, Officer or Committee Member,
  • Professional designation or credential holder awarded by the IARFC,
  • Clean regulatory record
  • Member of good standing for a minimum of 5 years
  • Adhere to the IARFC Code of Ethics.
  • Most importantly, they must have contributed to the growth of the IARFC membership by referring members and by holding or attending events that additionally help expand (above and beyond) the visibility of the Association.

DrOvertonRosilyn. Overton has been a member of the IARFC since 2006 and has sat on the IARFC Journal of Personal Finance editorial board. She currently holds the Registered Financial Consultant (RFC®) designation and has been a past Board Director and Vice President of the Association. She is a frequent guest on CNBC & CNN, was President of the International Association for Financial Planning – New York Chapter and is past Chairman of the FPA of New York. She was a member of the Council on Education of the CFP® Board of Standards and currently is a full-time tenured professor at New Jersey City University in the Department of Finance.

 “I am so honored to receive this award,” states Dr. Overton. “I joined the IARFC even though I was already participating in other financial planning organizations because I felt it offered unique benefits to its members and gave solid information on practice management and business consulting that was needed. The IARFC continues to offer these benefits to its members and it is my privilege to continue to participate in its activities.”

Nominations for the Founder’s award are accepted from IARFC members on an annual basis. These candidates along with their bios are compiled by the Founder’s Award Committee and then presented to the IARFC Board of Directors for voting. Dr. Overton was chosen at the annual Board Meeting this past March in Charlotte, NC.

“Associations flourish with the dedication of positive people,” relates Founder’s Award Committee member Jim Moss of Money Concepts, Indianapolis, IN. “We are pleased to recognize Dr. Overton’s support of the IARFC and its mission to strengthen the relationships between their financial professionals and the clients they serve.”

Requests for nominations for 2018 recipients will be forthcoming. For more information on the IARFC and the Founder’s Award, visit www.iarfc.org.

IARFC Announces Recognition Awards to Dedicated Members

March 23, 2017 by · Comments Off on IARFC Announces Recognition Awards to Dedicated Members
Filed under: IARFC Posts 

IMG_1019We are proud to have an award recognition program dedicated to members who have contributed to the growth of the Association. The Member’s Award is presented annually in appreciation to top IARFC members who have sponsored the most qualified professional consultants that subsequently joined the ranks of the Association.

By encouraging these professional consultants to become members of the IARFC, these recipients help their peers tap into a premier network of value added benefits. Along with an engraved award of recognition, the winners will be listed in the Association’s publication the Register. A photo will be included as recognition of their efforts.

“This is a new appreciation program for the IARFC,” relates Awards Program Director Wendy Kennedy. “Along with the Loren Dunton Memorial Award and the Founder’s Award, it seeks to applaud the efforts of our distinguished members who believe in the IARFC Mission.”

piershaleThe 2016 first place winner is Michael D. Piershale, RFC® of Piershale Financial Group in Crystal Lake, IL. With more than 30 years of experience, Mike has extensive knowledge in key areas of financial planning and works with clients on retirement and estate planning, portfolio management, and insurance needs. In addition, his widespread knowledge on tax planning allows him to highlight opportunities for maximizing tax reduction strategies.

 

Dantin

Second place winner is Christopher D. Dantin, RFC® of Dantin Financial in Baton Rouge, LA. Following in his father’s footsteps, Chris chose to pursue a career in financial services and earned a Bachelor’s Degree with a focus in Finance from Louisiana State University. He has served 17 years in the financial services industry, is a Registered Financial Consultant and has received recognition as a top producer in the Million Dollar Round Table and Leaders Club.

 

A significant group of members tied for third place. The IARFC is grateful for their support and hope they will continue to carry the message of the IARFC throughout the financial services community.

“The only way that an Association grows is by attracting new members,” confirms IARFC Chairman H. Stephen Bailey.” Encouraging your peers to join is the best recruiting effort an Association can utilize. We salute your pride in being a Registered Financial Consultant and congratulate you on your award.”

IARFC Annual Board Meeting Sets an Aggressive Course for 2017

March 21, 2017 by · Comments Off on IARFC Annual Board Meeting Sets an Aggressive Course for 2017
Filed under: IARFC Posts 

20170314 - _MG_0897

 

Our Board of Directors concluded another successful annual Board Meeting in Charlotte, NC on March 15th. The agenda for moving forward in 2017 will be an aggressive membership drive, final application to the National Commission for Certifying Agencies (NCCA) for its Master Registered Financial Consultant (MRFC) credential and a dedicated strengthening of connection to the International Chapters.

Board Directors in attendance included:

  • Chairman H. Stephen Bailey – HB Financial Resources, LTD in Charlotte, NC;
  • Vice Chairman Nicholas A. Royer – Group 10 Financial, LLC in Maitland, FL;
  • Treasurer Jon M. Rogers – Rogers Financial Group, LLC in Greenville, SC;
  • President Peter J. D’Arruda – Capital Financial Advisory Group, LLC in Apex, NC;
    Secretary Michelle K. Blair – Farmingville, NY;
  • Isabel Cooper – Edelman Financial in Ashburn, VA;
  • James B. Moss – Money Concepts in Indianapolis, IN;
  • Rick B. Stanzione – R&R Group in Washington Terrace, UT; and
  • Mayo M. Woodward – Birmingham, AL.

All the current Executive Officers Royer, Rogers, D’Arruda and Blair were re-elected to their current positions.

A Packed Agenda
20170314 - _MG_1042Through two days of agenda, the Board tackled issues facing the Association with innovative and experience-laden solutions. As its number one priority and recognizing membership as the obvious core, quality time was spent on enhancing these relationships. The Board wishes to be a partner by meeting consultants’ needs and adding value to their membership – a very key focus.

Important to both the Association and consumers alike, the second goal is dedicated to completing the accreditation process and after approval marketing a credential that will elevate the status of its professionals. Finalizing the Master Registered Financial Consultant (MRFC) credential has the full backing of the Board along with development of a Study Guide for candidates to take the required exam.

“Credentials are important to us and to those we do business with too,” related the newly elected Board Member Rick Stanzione. “Ethics, integrity and service make us hold our standards to a fiduciary standard. We elect to raise our OWN bar.”

The third goal component is a redefinition of the important bond with international chapters. The Board seeks to connect with the IARFC offshore community on a personal level this year and reinvigorate their dedication and commitment to developing Registered Financial Consultants in their own countries. Understanding their needs, on their level, with their financial professionals and then integrating the US-based programs will result in winning relationships.

“Our directors and our home office team are committed to goals that will increase the visibility and expand the IARFC in ways beyond the scope of our projections,” relates IARFC Chairman H. Stephen Bailey. “I am extremely pleased at the progress made at our meeting. I gratefully salute everyone for their hard work, their experienced suggestions and their foresight.”

 

 

International Association of Registered Financial Consultants

PO Box 506  Middletown, OH  45402-0506

IARFC Board of Directors Welcomes Rick Stanzione, RFC®

March 2, 2017 by · Comments Off on IARFC Board of Directors Welcomes Rick Stanzione, RFC®
Filed under: IARFC Posts 

StanzioneRickThe International Association of Registered Financial Consultants (IARFC) announces that Rick Stanzione, RFC® of R&R Group, Inc. in Washington Terrace, UT has recently been elected to the IARFC Board of Directors. Joining Rick in March for the annual Board Meeting in Charlotte, NC are re-elected Board Members, Pete D’Arruda RFC®, Michelle Blair RFC®, and Jim Moss RFC®.

As the president and CEO of R & R Group, Inc. dba R & R Group Insurance Services, Rick Stanzione, RFC® has consistently been a leader in the financial services field as exemplified in his many achievements and recognitions – Top of the Table member of the Million Dollar Round Table, past president of NAIFA, (Bonneville Chapter in Ogden, Utah), book author, gifted speaker and seminar presenter. Rick is passionate about his career and the people he serves. His greatest satisfaction comes from meeting people and helping them achieve their financial goals and objectives thus his company motto “Building Relationships to Last a Lifetime!”

Rick completed his under-graduate studies at Penn State University and earned his Bachelor’s Degree from Edinboro State University. He did post graduate studies at Temple University and Edinboro University. He began his career in the Financial Services industry in 1978 and formed R & R Group, Inc. in 1984. His passions for family, clients, church and community form his foundation for serving and helping people.

Working with the Board of Directors and the IARFC Team, Rick will be guiding the progress of the IARFC membership goals. “I am honored, humbled and consider it a privilege for the opportunity to serve on the IARFC Board of Directors,” related Stanzione.  “I look forward to meeting everyone at the March Board Meeting in Charlotte, NC and working to advance the Association’s goals and mission.”

The IARFC has been promoting its mission for over 30 years. Most important to their stakeholders is an adherence to and promotion of ethical behavior. For members, it is focusing on continuing professional education.

IARFC Board Chairman H. Stephen Bailey, RFC® weighs in on the importance of the Board’s involvement. “I welcome our newest member Rick Stanzione to the Board and of course our returning experienced members who were re-elected. This year I expect you will hear a lot from us as we work to reenergize our role in the promotion of our elite group of financial consultants.”

 

 

Branding White Paper Available for Download

February 6, 2017 by · Comments Off on Branding White Paper Available for Download
Filed under: IARFC Posts 

ImpactBrandBuilding Your Impact Brand 

Branding for the financial professional is not trying to compete on a giant scale of actions such as Coca Cola or Mercedes. It is burning the consultant’s image and competence into the minds of prospects and clients in everything that is presented to them no matter what size company.  The snapshot that one projects to the public should be carried through to the smallest detail – an effective campaign of keeping the identity.

This white paper discusses the importance of Branding and the first impression.  Branding can set the stage even before the consultant shows up on the scene.  It also defines the individual at each step of the client relationship.  The importance of visually impacting the client is something every consultant needs to understand and refine. Topics covered in detail help the consultant understand, build and maintain their professional footprint.

Concept of corporate meeting with red leader

As Walter Landor said – “Products are made in the factory, but brands are created in the mind.”  Know yourself, know your product and blend the visual with the professionalism – a winning combination.

Table of Contents:

  • Building Your Impact Brand
  • Competition Is Increasing
  • Who Wants Clients?
  • A Strong Brand
  • An Image is a Brand
  • Why Project an Image
  • Effective Branding Principles
  • Consumer Attitudes/Decisions
  • Brand Loyalty
  • Perceptions
  • Leverage a Brand
  • Develop an Individual Brand
  • Impact Branding
  • Being Prepared Visually
  • Branding Creates Confidence
  • Reality Based
  • Initial Action Step
  • The Last Word

Visit the IARFC Store for your Branding Download

 

Catch up on the International Chapter News

February 2, 2017 by · Comments Off on Catch up on the International Chapter News
Filed under: IARFC Posts 

GlobeWant to find out what is going on with the international chapters?  The Register is now reporting on events and current news from offshore.  The Jan/Feb issue features photos of the Greater China IARFC Conference in Taiwan, and the latest RFC graduation ceremony in Macau.

The international community grows in numbers annually and is a viable quotient of our Association.  We are bonded together through the mission of the IARFC. Though the cultures are different, the goals of the IARFC are the same: adherence to a professional Code of Ethics and a focus on continuing education for our members…..IARFC Chairman H. Stephen Bailey.

Connect to your RFCs in Asia and see their progression in the field of Financial Services.  You can visit their websites through the IARFC International Portal.

Note:  Qualified financial professionals from any country may apply for the RFC designation. Approval is based on meeting the same standards as those in the U.S. with adjustments considering different institutions, educational courses and licensing.

 

Click register image 2here to read this full Register spread…

Announcing 2017 Loren Dunton Memorial Award Recipient – Ric Edelman

January 12, 2017 by · Comments Off on Announcing 2017 Loren Dunton Memorial Award Recipient – Ric Edelman
Filed under: IARFC Posts 

ric edelmanWe are pleased to announce that Ric Edelman RFC® of Edelman Financial Services as the 2017 recipient of the Loren Dunton Memorial Award. This award honors a person who has made a substantial contribution to the financial services profession and/or the financial interest of the public.In bestowing the Loren Dunton Memorial Award, the IARFC recognizes Ric Edelman’s contribution to Loren Dunton’s principles and mission.

“Our nominating committee reviewed Ric Edelman’s career history and the impressive recognition he has received from both inside the financial services industry and outside organizations,” explained H. Stephen Bailey, IARFC Chairman. “Like Loren Dunton, Ric is a man of vision whose impressive accomplishments reveal a dreamer and an innovator who clearly makes a difference as he creates his life’s work.”

Ric Edelman interests are varied and prolific. His resume portrays an acclaimed financial advisor, best selling author, award winning host of radio and TV shows, an entertaining and informative educator and a giving community philanthropist. Highlights of his career reflect:

  • Three times ranked the #1 independent Financial Advisor in the Nation by Barron’s
  • 2012 Award by RIABIz.com – one of the 10 most influential figures in the investment advisory field
  • Cover appearances on Financial Advisor and the Register industry publications
  • Member of Financial Advisor Hall of fame
  • Recipient of honorary doctorate from Rowan University
  • #1 best-selling author with more than 1 million copies collectively in print and translated into foreign languages
  • Named among the “Heavy Hundred” in the radio industry in 2014, 2015 and 2016
  • TV show host of The Truth About Money, which airs on more than 200 public TV stations across the country winning 8 Telly Awards
  • Educator at Georgetown University for 9 years
  • Participant in many philanthropic activities as both Board Director and benefactor.

“It’s a great honor to receive the 2017 Loren Dunton Memorial Award,” acknowledges Edelman. “Improving financial literacy in America has been the focus of my life’s work for the past 30 years. My wife Jean and I founded Edelman Financial Services in 1987 and it’s been a privilege to serve our clients and provide financial education to consumers across the country who are working hard to achieve financial success. I am grateful to the IARFC for this recognition.”

To read more about Ric Edelman, visit the Edelman Financial website – about ric. For additional information on the IARFC and the Loren Dunton Memorial Award, visit www.iarfc.org

 



dunton award_P1000068Generally regarded as the “Father of Financial Planning”, Loren Dunton organized financial professionals in the late sixties and with their help created the financial planning movement. Dunton developed associations, magazines, colleges, university programs and foundations. He used his experiences to frankly explain what all financial advisors now recognize – that the ethical sales of financial products and the delivery of competent advice is a noble calling. Loren Dunton was a man of vision who cared deeply about both financial consultants and consumers.

 

 

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