Art of Practicing and the Art of Communication in Financial Planning

Harold Evensky is chairman of Evensky & Katz/Foldes Financial. Prior to forming his own company, he served as a vice president of investments with major investment banking firms. Mr Evensky received his bachelor’s and master’s degrees from Cornell University.He is the past chair of the International CFP® Council, the CFP® Board of Governors, the Board of  Examiners, and the Board of Appeals. He is the research columnist for the Journal of Financial Planning. He has also served on the National Board of the IAFP, the Charles Schwab Institutional Advisory Board and Council, and as chair of the TIAA-CREF Institute Advisor Advisory Board. He is a member of the Financial Planning Association, the Academy of Financial Services, the CFA Institute, and is an associate member of the American Bar Association, and the American Institute of CPAs.In 2002, his paper entitled, “Changing Equity Premium Implications for Wealth Management Portfolio Design and Implementation,” was selected as the winner of the Journal of Financial Planning, Planning Techniques and Methods, “Call for Papers” competition. In 1999, 2000, and 2001, he was named by Accounting Today as one the professions most influential people. In 1999, he was awarded the Dow Jones Investment Advisor Portfolio Management Award for Lifetime Achievement. In 2001 he was listed by Financial Planning Magazine as one of five “Movers, Shakers and Decision Makers, The Most Influential People in the Financial Planning Profession” and he was named one of the “25 Power Elite” in the financial services industry by Investment News. In 2006, he received the Skip Viragh Award for Industry Excellence; in 2014 the Insider’s Forum Leadership Award and the Investment Advisor’s IA 25, the 25 Most Influential People in Financial Planning; in 2015 the IA 35 for 35 “leaders who have stood out over the past 35 years and will influence financial services for decades to come.” Mr Evensky has participated as an arbitrator for the American Arbitration Association (AAA) and the National Association of Security Dealers (NASD). He has been a principal in his own broker–dealer firm and held NASD General Securities Principal and Municipal Securities Principal licenses.Mr Evensky is an internationally recognized speaker on investment and financial planning issues. In addition, he has written for and is quoted frequently in the national press, and is the co-author of The New Wealth Management, Wealth Management, Hello Harold, self-published and co-editor of The Investment Think Tank, Theory, Strategy, and Practice for Advisers (Bloomberg), and Retirement Income Redesigned—Master Plans for Distribution (Bloomberg).Alexandra Armstrong, CFP®, has worked in the investment field for 50 years. In 1977, she was the first person certified as a financial planner in Washington, DC. She is now chairman of Armstrong, Fleming & Moore, Inc., an independent personal financial planning and asset management firm based in Washington, DC, a firm which she started in 1983. Her broker dealer affiliation is Commonwealth Financial.Alex is past chairman of the International Association for Financial Planning (now Financial Planning Association). She also served as chairman of the Foundation for Financial Planning (2000) and continues to serve on that board. She served in the past as president of the Boy Scouts National Capital Council and Treasurer of Reading is Fundamental.Alex has received several national honors in her field. The most recent was the 2015 Women to Watch Lifetime Achievement Award, awarded to her by Investment News in March 2016. Additionally, Investment News in 2016 honored Alex by naming their lifetime achievement award after her, its first recipient. Among the most notable other awards were the induction into the Washington, DC, Business Hall of Fame in November 2006.Alex has coauthored a monthly column on financial planning for Better Investing for over 30 years, the magazine published by the National Association of Investment Clubs. She is listed in Who’s Who in America. She coauthored a book for widows called On Your Own: A Widow’s Passage to Emotional and Financial Well-Being (Fifth Edition, 2012). Sid Mittra, PhD, CFP®, is emeritus professor of finance at Oakland University. He is a past member of the CFP Board. Mittra is in several prestigious listings, including InternationalAuthors’ Who’s Who, American Men of Science, and Who’s Who in Finance and Industry.Mittra is the author of more than a dozen books, including Practicing Financial Planning for Professionals and CFP Aspirants (SAGE, 2016, 12th Edition). For many years, he published a weekly newspaper article on personal financial planning topics for The Oakland Press (MI) and The Macomb Daily (MI). His professional articles have appeared in the Journal of Accountancy, Financial Planning, Journal of Financial Planning, Personal Financial Planning, and American Economic Review. Mittra is widely quoted in Money magazine, Kiplinger’s Personal Finance, Financial Advisor, and other magazines and newspapers.Mittra established and operated a boutique financial consulting firm, Coordinated Financial Planning, subsequently changing the name to Mittra & Associates, for over three decades. He uniquely combines conceptual and theoretical knowledge in financial management with communicative skills. He frequently speaks on financial economics, money, and financial management. He also advises corporations, partnerships, and closely held corporations.

• Prologue - Sid MittraIntroduction to the Book - Charles Schwab (followed by bio-note)PART I: THE ART OF PRACTICING FINANCIAL PLANNINGIntroduction - Bob Veres (followed by bio-note)The Art of Practicing Financial Planning - Alan Goldfarb (followed by bio-note)A Few Thoughts About Financial Planning from a Veteran Financial Planner - Alexandra Armstrong (followed by bio-note)Financial Planning Involves Both Science and Art - Bernie Clark (followed by bio-note)Competency, Education, Service - Bill Carter (followed by bio-note)The Art of Financial Planning: The Value of Storytelling, Emotional Intelligence, and Empathy - Bob Curtis (followed by bio-note)The Magic in the Art - Bob Veres (followed by bio-note)From the Other Side of the Table - Charlotte Beyer (followed by bio-note)What Constitutes the Art of Practicing Financial Planning? My Personal View - Chris Dardaman (followed by bio-note)The Art of Financial Planning - Dan Moisand (followed by bio-not)The Art of Financial Planning: Trust–Responsiveness–Listening–Anticipation - David Bugen (followed by bio-note)The Magic of Financial Planning - David Yeske and Elissa Buie (followed by bio-note)Communication: The Art of Planning - Deena Katz (followed by bio-note)The Science and Art of Financial Planning - Don Phillips (followed by bio-note)The Art of Financial Planning - Elaine Bedel (followed by bio-note)Solving the Anomaly of the Advisory Industry: Improving the Art of Financial Planning - Gregory Bresiger (followed by bio-note) /What Constitutes the Art of Practicing Financial Planning? - Greg Friedman (followed by bio-note)The Art of Financial Planning - Harold Evensky (followed by bio-note) /What Constitutes the Art of Financial Planning: A Personal View - Jason McGarraugh (followed by bio-note)Technology and the Art of Practicing Financial Planning - Joel Bruckenstein (followed by bio-note) /The Art of Practicing Financial Planning - Kacy Gott (followed by bio-note)The Art of Practicing Financial Planning - Karen Altfest (followed by bio-note)The Art of Financial Planning - Karen Schaeffer (followed by bio-note)The Art and Science of Financial Planning - Kevin Keller (followed by bio-note)The Art of Financial Planning - Lewis Altfest (followed by bio-note)Sitting on the Same Side of the Table - Marilyn Dimitroff (followed by bio-note)A Very Personal and Complex Art - Mark Hurley (followed by bio-note)How Financial Planning Changed My Life - Mark Tibergien (followed by bio-note)What Constitutes the Art of Practicing Financial Planning? - Matt McGrath (followed by bio-note)Creating an ROL-centered Practice - Mitch Anthony (followed by bio-note)What Constitutes the Art of Practicing Financial Planning? My Personal View - Patti Houlihan (followed by bio-note)The Art of Financial Planning - Richie Lee (followed by bio-note)Art Succeeds Where Science Fail - Roger Gibson (followed by bio-note)The Art of Financial Planning - Ross Levin (followed by bio-note)Planning from the Inside Out - Roy Diliberto (followed by bio-note)What Constitutes the Art of Practicing Financial Planning? - Scott Kahan (followed by bio-note)Foundation of the Art of Financial Planning - Sid Mittra (followed by bio-note)What Constitutes the Art of Practicing Financial Planning? My Personal View - Skip Schweiss (followed by bio-note)Clients (Rightly) Change their Minds Throughout the Process - Tim Kochis (followed by bio-note)The Art of Financial Planning - Tom James (followed by bio-note)The Art of Retirement Income Planning - Wader Pfau (followed by bio-note)PART II: THE ART OF COMMUNICATION IN FINANCIAL PLANNING - Carl RichardsIntroduction - Evan Simonoff (followed by bio-note)3 Basics of a College Financial PlanAccepting the Uncertainty of Our Financial LifeBeware Financial Comparisons With OthersBeware of Investments Promoted as ‘Just Like a C.D.’Dealing With an Investing Blind SpotDiversification Isn′t Broken, It Just Takes a WhileFeeling Overwhelmed, Take a Deep BreathFilling in the Worry Groove in Your BrainFocus on the OpportunitiesFor True Freedom, Learn to Deal with UncertaintyHonesty Tops Any Checklist When Looking for an AdviserIn Soccer and Investing, Bias is Toward ActionInvesting Against the Odds, and the FactsLearning How to Deal With the HatersLearning to Deal With the Impostor SyndromeLearning to Take Responsibility When Things Go WrongLessons Learned From Well Behaved InvestorsLet Diversification Do Its JobMake a Plan on How to Handle Risk, Then Stick to ItSaying No, So You Can Say Yes When It MattersStranger Danger Personal Finance Really is PersonalTalking Numbers With Your ChildrenThe Beauty of LimitsThe Case for Slow MoneyThe Dual Roles of MoneyThe Ever Shifting Balance Between Resources and DreamsThe Only Investing Pattern That Matters Is BehavioralThe Paradox of Finding Motivation Through FearThe Perils of Investing in What You KnowThe Risky Sport of Bubble SpottingThe Strange Allure of Higher FeesTo Get at the Root of Spending, Pay AttentionViewing Others Through a Prism of MoneyViewing the Glass as Half Full, but Not Too FullWhen an Expense Becomes a Wise Investment ChoiceWhen Feelings of Comfort Trump Spreadsheet MathWhen the Tax Tail Wags Your Investment DogWhy Budgeting Will Lead to More AwarenessYour Experience in Stocks Is Probably MeaninglessYour Most Valuable Asset Is Yourself