Wealth Management Conference

The MBA Trust Committee Presents

2020 Virtual Wealth Management Conference

November 4-6

9 am & 10:45 am each day

Zoom Platform

The Wealth Management Conference is a popular annual event, and the Trust Committee is excited to bring you a great group of expert speakers in a virtual platform this year. Trust bankers and others engaged in wealth management will be interested in attending this three day event filled with updates on topics including Fiduciary Taxation, important CARES and SECURE Act information, Asset Protection and much more. See below for speaker and session details and full registration information.

Wednesday, November 4

9 —10:15 am             

Fiduciary Taxation, Jessica Cooley, GranthamPoole CPA

Ms. Cooley’s presentation will cover fiduciary accounting for estates and trusts, which can be a complex undertaking. The presentation will focus on the guidelines for allocating specific transactions between principal and income beneficiaries of a trust or estate. The discussion will also address the rules for how to allocate receipts and disbursements governed by the applicable will or trust agreement as well as the guidelines stated in the Uniform Principal and Income Act.

10:45 am—12 noon   

Election Perspectives and the Evolution of Investing, Apollo D. Lupescu, Dimensional Funds

The unprecedented events of 2020 and the outcome of the election are leading investors to re-assess their strategies. Dr. Lupescu will provide commentary on the election as it relates to the stock market, as well as changes that have been taking place over the last few years impacting the way investors deploy their capital. Investing is no different than other areas of our life: what was state-of-the-art not too long ago might be obsolete in today’s world. The speaker will discuss what changed, what stayed the same, and provide practical solutions for the way forward.

Thursday, November 5

9—10:15 am             

Washington Regulatory and Legislative Update

Phoebe Papageorgiou, ABA

Hear the latest news out of Washington, DC affecting the wealth management and trust industry. Ms. Papageorgiou will discuss regulatory and legislative developments from Congress, the banking agencies, the SEC, and the Labor Department.

10:45 am—12 noon  

The CARES Act and the SECURE Act – Overview, Implications and Strategies, John Poole, Regions Bank

Mr. Poole will present an overview and the implications of both the CARES Act and the SECURE Act related to IRAs. The CARES Act waived Required Minimum Distributions for the year 2020 and established Coronavirus Related Distributions or CRDs. The changes made by the SECURE Act were the most significant to the retirement industry since the Tax Reform Act of 1986. This includes removing the age limit for making Traditional IRA contributions after age 70 ½, increasing the age for Required Minimum Distributions from age 70 ½ to age 72, and modifying the required distribution rules upon the death of the IRA owner. Participants will learn provisions that remain available and strategies for effective planning under the new rules.

Friday, November 6

9—10:15 am              

Asset Protection and Medicaid Planning, Greg Pirkle, Phelps Dunbar

Mr. Pirkle's presentation will focus on asset protection and medicaid planning. With careful Medicaid planning through an irrevocable trust, Greg assists his clients with the preservation of their estate while meeting Medicaid's resource limits. The irrevocable trust is designed to protect assets from being counted for Medicaid eligibility. The trust allows a person to qualify for long-term care benefits from Medicaid, while protecting assets from being depleted if long-term care is needed.    

10: 45 am—12 noon  

Federated Hermes Economic and Market Outlook, Linda Duessell, Federated Investors

Ms. Duessell will share her insights into factors impacting the economy and the markets over a short, medium and long term time horizon.

Our Presenters:

Jessica Cooley, CPA leads GranthamPoole’s Succession & Estate Planning Services team, providing individuals and multi-generational family groups with critical tax planning around the issues that affect them most: business enterprise succession, estates and trusts, gifting techniques and philanthropic activities. Her expertise allows her to coordinate between clients, their attorneys and other professional advisors to execute on strategies and opportunities to realize tailored wealth transfer goals.

As senior equity strategist, Linda Duessel is part of the team responsible for formulating Federated Hermes’ views about various equity market conditions and the firm’s positioning strategies. She is also responsible for articulating the strategy, process, positioning and performance of Federated Hermes’ equity portfolios. Linda earned her master’s degree from Carnegie Mellon University and bachelor’s degree from Wharton School of the University of Pennsylvania. Linda is a CFA®charterholder, CPA and a CFP® professional.

Dr. Apollo Lupescu is a highly regarded investor from Dimensional Fund Advisors, a premier global investment firm managing over $500 billion in assets for institutional investors and clients of select financial advisors. The speaker acquired the technical acumen through earning his PhD from the University of California at Santa Barbara, yet he has the unique ability to convey technical aspects of investing in a manner that is understandable and relatable to investors of various level of financial acumen.

Phoebe Papageorgiou is Vice President at the American Bankers Association. In this role, she oversees the advocacy efforts of the ABA’s Trust Counsel Committee, Trust Taxation Committee, IRA Steering Committee, and Collective Funds Task Force. Her portfolio includes issues related to trust and wealth management services, fiduciary regulations and duties, tax reporting and preparation, investments, and bank custody services. Prior to joining ABA in 2005, Phoebe worked for the U.S. Department of the Treasury in the Office of Domestic Finance. She received her law degree from The George Washington University Law School and her undergraduate degree from Carnegie Mellon University.

Greg Pirkle practices in the area of business law at Phelps Dunbar. His practice focuses on federal and state taxation, with an emphasis on taxation of business entities, estate planning and exempt organizations. Greg's estate planning practice involves maximum use of federal credits and preservation of wealth through the use of trusts, partnerships, closely held businesses, private foundations and charitable trusts.  Greg is the managing partner and practice coordinator of the law firm's Tupelo office.

With over 33 years at Regions Financial Corporation, John Poole has served clients and associates in several capacities, including Trust Advisor, Trust Tax Manager, Trust Division Financial Officer, Trust Auditor, Trust Compliance Officer, Fiduciary Risk Administrator, and his current role as Risk Control Compliance Administrator in Regions Wealth Management where he is the “IRA Subject Matter Expert”.

What Bankers Say: 

"I've been attending the MBA Wealth Management Conference for a number of years.  I've also had the pleasure of serving as a member of the MBA Wealth Management Committee.  The annual conference is always a highlight of the year.  It gives me the opportunity to network with old friends, meet new friends, and gain knowledge about our industry from the conference speakers.  The MBA team does a great job of organizing and hosting the conference each year.  Attending the annual Wealth Management Conference is an excellent way to obtain continued education while supporting our Mississippi Bankers Association!" Jack McFerrin, Senior Vice President, Regional Manager
BancorpSouth  

Registration Form

Wealth Management Conference

PLEASE DUPLICATE FORM 

BANK/COMPANY NAME:________________________________________

REGISTRANT NAME:__________________________________________

CELL NUMBER:_______________________________________________

EMAIL ADDRESS:_____________________________________________

Fee: 

Full Conference: 

_____ $225 for Member Banks  _____ $450 for Non-Member Banks 

_____ $475 Registration PLUS recording 

Per day: 

_____ $75 per day member fee  

_____ $150 per day non-member fee

Recordings: 

_____$100 Recording per day 

 _____$300 for full conference recordings

Virtual conferences allow for BANKS to register by location (device) instead of by individual banker. Want your branches to participate? Facilities within your organization will be able to participate without the travel costs of coming to one location.

With the COVID-19 Pandemic we are asking everyone to pay by credit card. 

TO REGISTER: Scan & Email to lrichardson@msbankers.com

QUESTIONS: Contact Lori Richardson (601) 709-3736 or email the address above.

Credit Card Information

Name on Bank Card___________________________________________

Credit Card Number___________________________________________

Expiration Date_______________________CVC____________________

Billing Zip Code_____________________________________