Market Volatility | Lean on FPA & Your Peers to Navigate the Turmoil
Every so often when market volatility sets in, our abilities, patience and emotions are tested. And during these challenging times, we sometimes forget about available resources that help us navigate the turmoil.
As an FPA member, you have the support of FPA and more than 24,000 peers to help traverse the rocky terrain.
FPA Knowledge Circles are free, content-specific online communities facilitated by financial planner experts. Over the coming days and weeks, experts will be driving conversation so planners can share how they’re dealing with current volatility.
FPA Connect, the organization-wide online community for all members where more than 15,000 planners have logged in, offers wide-ranging, diverse content to support your needs during these volatile times. Here is a thread on the All Member Open Forum where people are sharing ideas specific to the recent volatility.
Learn how to improve client trust and communications in volatile markets in this article in the Journal of Financial Planning.
Read this article in the FPA Practice Management Resources section titled "5 Steps to Calming Upset Clients” by Barbara Kay
Stay connected with your local chapter, many of which will adjust their upcoming meetings to address current trends in the market.
Visit the FPA Practice Management Blog for the latest advice on effectively managing client relationships.
Attend the FPA Annual Conference in Boston Sept. 26-28 for more discussion on current market conditions. Mark Smith will look at how asset management can help your clients add value by either raising returns or lowering risk. The first ever Investment Roundtable will explore how to handle current volatility, how we got here and how to help clients going forward. More sessions will be added to address this important issue.
We look forward to supporting you and your business now and in the future.
Edward W. Gjertsen II, CFP®
2015 FPA President
Lauren M. Schadle, CAE