Session Date: October 25, 2011
Session hours: 7:30 AM–3:30 PM
   (Registration/Breakfast 7:30–8:30 AM, program 8:30 AM–3:30 PM)

Approved Continuing Education (CE) Credits: 6.5* hours

Conference Location: Hyatt Regency San Francisco
Five Embarcadero Center | San Francisco, CA 94111
415.788.1234 
Website

Click here to view the At-A-Glance schedule.

Program Highlights
Topics and speakers for this intensive day-long session include:

• Modern Portfolio Theory
  Jeffrey F. Jaffe, PhD, The Wharton School, University of Pennsylvania
  In this session, Dr. Jaffe covers the three cornerstones of Modern Portfolio Theory: risk analysis, efficient asset selection, and beta. In the first topic, Dr. Jaffe discusses both the changing level of risk over time and whether correlations across assets rise in a crisis. The efficient frontier and Monte Carlo simulations are examined in the second topic. The last topic discusses what beta is, how it is used and how it relates to other risk parameters, such as standard deviation, correlation, covariance and R².
• Behavioral Finance
  Jeffrey F. Jaffe, PhD, The Wharton School, University of Pennsylvania
  While economists have generally assumed that individuals are rational, psychologists have long documented pervasive emotional and cognitive biases. In this session, Dr. Jaffe focuses on how these biases impact investor behavior. Key concepts include overconfidence, mental accounting, the disposition effect, representativeness, overchoice, familiarity (or home bias) and naïve diversification. The emphasis of this session is on how these common mental traps affect financial performance.
  
• Tax Law Update and Strategies for Clients, Parts I & II
  J. Richard Joyner, CPA, CFP^®, CIMA^®, CPWA^®, PFS, Tolleson Wealth Management
  This session will update attendees on income tax rules in effect for 2011, 2012, and beyond. Mr. Joyner will identify key issues and planning opportunities available to clients. He will present specific client situations and strategies to consider for those situations. These ideas may include estate or gift tax, income tax, or other ideas that seem most relevant or important in today’s environment.

Jeffrey F. Jaffe, PhD, is an associate professor of finance at The Wharton School, University of Pennsylvania and an authority on asset allocation. He has written widely about investment styles and stock returns, international investment returns, market anomalies, and the effects of information on security prices. He has been recognized for outstanding teaching. Prof. Jaffe has co-authored several text books about finance and is a frequent contributor to finance and economic journals such as the Quarterly Economic Journal, The Journal of Finance, The Journal of Financial and Quantitative Analysis, The Journal of Financial Economics, and the Financial Analysts Journal. He is an original faculty member of IMCA’s Certified Investment Management Analyst (CIMA) education program at Wharton. He earned BA, MBA and PhD degrees at University of Chicago.

J. Richard Joyner, CPA, CFP^®, CIMA^®, CPWA^®, PFS, is a managing director in Tolleson Wealth Management’s private wealth management group, where his specialty is counseling multi-generational families about complex wealth management and family dynamics issues. Previously he was a tax partner and director of the Southwest area private client services practice at Ernst & Young. He has been honored six times by Worth as one of its top financial advisors; twice by Barron’s as one of its top 100 advisors; and by D Magazine as one of the best financial planners in Dallas. He chairs IMCA’s wealth management committee, which oversees IMCA’s Certified Private Wealth Advisor (CPWA) designation offered with University of Chicago’s Booth School of Business; he has been teaching in the program since its inception. Mr. Joyner served as a member of the IMCA board of directors from 1999−2008 and was the organization’s president during 2002−2003. He earned a BS in accounting from Wake Forest University.
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Location & Parking
The Hyatt Regency San Francisco is located at the corner of Market and Drumm Streets. Indoor valet parking, with in and out privileges is $50.00 per night plus tax. Please note that non-hotel guests are subject to a 14% tax. Maximum clearance for indoor parking is 6'4", which will accommodate regular vans and SUV's. Oversize Vehicles: High profile cars (SUV) up to 7 feet high, can be valet parked for an additional $25.00 per night.

For those traveling to the hotel on the BART, the hotel is located directly outside the Embarcadero Station.

Attire
Attire for the conference is business casual.

Cancellation Policy
All cancellations for conference registration must be received in writing. The registration fee less a $50 cancellation fee will be refunded for cancellations postmarked or faxed by October 18, 2011. No refunds will be granted for cancellations received after October 18, 2011, or for nonattendance.

Continuing Education Credits

CIMA^®/CIMC^®/CPWA^® CE Credits—This event has been accepted by IMCA for up to 6.5* hours of IMCA-sponsored continuing education hours for the CIMA, CIMC, and CPWA designations for attending the entire event from 8:30 AM to 3:30 PM. Individuals are responsible for submitting any necessary paperwork to IMCA.
CFP^® certification—This event has been accepted by the CFP Board for up to 6.5* hours of continuing education hours for attending the entire event from 8:30 AM to 3:30 PM. Individuals are responsible for submitting any necessary paperwork and/or fees to CFP Board.
NASBA CPE Credits—IMCA is registered with the National Association of State Boards of Accountancy as a sponsor of CE on the National Registry of CPE Sponsors (ID 106054). State boards of accountancy have final authority about the acceptance of individual courses. Individuals are responsible for submitting any necessary paperwork and/or fees to their state boards. Upon request, IMCA will provide a certificate of attendance after the conference.
Other certifications/designations—IMCA does not submit programs to state insurance departments and bar associations. Individuals are responsible for submitting any necessary paperwork and/or fees to their state boards. Upon request, IMCA will provide a certificate of attendance after the conference.

*Program subject to change, which may affect the type and total number of hours delivered.