FSDA is pleased to announce that Kevin D. Rosen, Partner with Shutts & Bowen LLP, presented a program to high school students about transnational financial cybercrime, online identity theft, and online safety, at William T. Dwyer High School in Palm Beach Gardens, Florida on September 5, 2017. “Raising cyber awareness is critical to protecting our kids from cybercrime. Our kids’ lives are intertwined with the internet, they are highly vulnerable, and we have to do everything possible to educate them about safety in cyberspace,” said Kevin.
FSDA Member Kevin Rosen Presents Cybercrime & Online Identity Theft program to Dwyer High School students on September 5, 2017
FSDA through the O'Bannon Cook Scholarship program has awarded scholarships to three exceptional students.
Michael Quattrochi of Tarpon Springs, Florida. Michael’s application comes from his and his family’s affiliation with Raymond James where he has interned. He plans, upon graduation, to apply to the Advisor Mastery Program at Raymond James. He attends University of South Florida and was recently featured in the Student Spotlight – Kate Tiedemann College of Business. He maintains a 3.75 GPA while working full-time and volunteering regularly with Habitat for Humanity and Metropolitan Ministries.
John Hobart Hoke of St. Petersburg, Florida. John’s application comes from his affiliation with Raymond James. Upon graduation, John will be commissioned as a 2nd Lieutenant in the US Army Reserves as he is currently enrolled in the ROTC program at Florida Southern College. His curriculum is geared towards finance and his desire upon entering the Army to be commissioned as a Finance Officer. While fulfilling this duty, John will need a full-time civilian job and is hoping to be hired within the securities industry. He would ultimately like to work towards his CFP or CFA certification. He has interned at Raymond James. John has a 3.9 GPA at Florida Southern College.
Alyssa Brooke Thornton of Ormond Beach, Florida. Alyssa’s application come from her affiliation with Edward Jones. She attends Stetson University and will graduate this December with a degree in Business Administration, after majoring in Finance with a concentration in Financial Planning. She plans on applying for a position as a financial advisor and work on her master’s degree and earn her AAMS or CFP status. Alyssa graduated Valedictorian from her high school class in 2014 and received several awards for academic achievement. She has a 3.4 GPA at Stetson University.
The Florida OFR Announces the Appointment of Lee Kell as Director of the OFR's Division of Securities
FSDA member Kevin Rosen delivered a cybercrime presentation at Plantation High School on June 14th as part of Broward County School District’s four-day learning series, Seasons of Learning. The program highlighted the importance of Social Studies and Civic Responsibility. Kevin addressed approximately 200 secondary Social Studies teachers speaking about the current state of cybercrime, law enforcement, identity theft/online fraud and security related to online social media.
Kevin is a partner in the West Palm Beach office of Shutts & Bowen, where he is a member of the Financial Services Practice Group and the Cybersecurity and Data Privacy Taskforce. Kevin focuses his practice on cybersecurity, privacy, data security, securities regulation, and financial regulation.
On May 15, 2017, Board member, Steven Greenbaum visited Hammock Pointe Elementary School in Boca Raton for Teach Children to Save Day. Steve conducted sessions with two different fifth grade classes (teachers Kayla Urbina and Owen Hedley). Steve shared savings principals using famous quotations like "Never spend it before you have it," by Thomas Jefferson and "I'd rather go to bed without dinner than to rise in debt," by Benjamin Franklin. By the end of each session, the kids appeared to grasp concepts like: saving vs. spending, borrowing, interest earned on savings accounts versus interest charged on credit cards, inflation, compounding and the difference between a credit card and a debit card. Steve was peppered with a lot of questions in both classes confirming to him that the kids got the message.
Peter Goodridge with Wells Fargo Advisors was also in the classroom on May 15th. Peter taught the Teach Children to Save program in third grade teacher Ms. Ashley Mendes’ class at Crosspoint Elementary. Peter commented the kids were great, excited to see him, very engaged and asked lots of great questions. Peter had a great time and shared with the students about saving, borrowing, loans and how to set a goal to save for something.
The Florida Securities Dealers Association, Inc. team was in the classrooms again on May 19, 2017 with the Teach Children to Save initiative at Beacon Cove Intermediate School in Samira Goode's third grade class. FSDA member Virginia L. Lynn with Wells Fargo Advisors had this to say about her time in your classroom, "This was the first time I was in a classroom setting. The children and the students were wonderful. The students were engaged and I loved their curiosity. Thank you so much for the opportunity to participate in this program."
FSDA is proud of the thirty plus members who volunteered their time to support the Teach Children to Save Day initiative during the week of May 15, 2017.
USF unveils personal financial planning program in response to industry demand
TAMPA, Fla. (April 3, 2017) – With the number of qualified financial advisors dwindling – and with the government poised to impose tighter regulations on the profession – the University of South Florida's Muma College of Business is moving forward with a plan to offer a new major in personal financial planning.
Beginning this fall, the new major will be available to business students interested in filling the anticipated marketplace void caused by many of the current financial advisors and planners marching themselves into retirement. USF Muma’s decision to implement its new personal financial planning major is supported by several key factors and statistics concerning the field’s current state.
According to the U.S. Bureau of Labor Statistics, the need for financial planners is projected to grow by 30 percent over the next several years. Additionally, more than 50 percent of financial advisors in the country are over 50 years old, while only four percent are under 30 years old.
The curriculum is being built from the ground up by Laura Mattia, the director of the newly formed financial program. Mattia’s vision for the program is to combat the lack of investment in the future of the financial planning industry by supplying the field with highly qualified advisors and planners. She plans to prepare students for success by providing them with academic and professional insights on financial communication, ethics and technology.
"This is an opportunity for students studying investments, wealth management and finance to move toward a career that can be both fulfilling and lucrative," said Mattia, a Certified Financial Planner who earned a doctoral degree at Texas Tech University. "The numbers bear this out. In the coming years, as baby boomers enter retirement, the demand for certified financial planners acting as fiduciaries will rise precipitously.”
Students will likely find the fiscal prospects of a career in financial planning to be appealing. Entry level salaries for financial planners average nearly $58,000 a year, and the mid-career salary in Florida is nearly $120,000 says a report from the Bureau of Labor statistics. If that was not enough incentive, a survey by U.S. News and World Report ranked the occupation of financial advisor as No. 4 in job satisfaction.
The program will require students to attend national association meetings, participate in the Financial Planners Association FPA Challenge, be members of an FPA student chapter, attend financial planning and wealth management boot camps and seminars, and participate in internship programs. As a result, graduates will be well versed in financial planning and will be able to seamlessly enter the workforce as certified fiduciaries.
A kick-off event for the new program is set for April 20 and is set to feature key players in the personal investment industry as well as administrators and faculty from USF. The event, which will feature a networking portion and a discussion panel, will be held between 4:30-7:30 p.m. at the USF Muma College of Business, located at 4202 East Fowler Avenue, Tampa, Florida 33620. Please submit questions and RSVP to the event at email@example.com.
The University of South Florida, established in 1956 and located in Tampa, is a high-impact, global research university dedicated to student success. The USF System includes three, separately accredited institutions: USF; USF St. Petersburg; and USF Sarasota-Manatee. Serving more than 49,000 students, the USF System has an annual budget of $1.6 billion and an annual economic impact of $4.4 billion. USF is ranked in the Top 30 nationally for research expenditures among public universities, according to the National Science Foundation. In 2016, the Florida Legislature designated USF as “Emerging Preeminent,” placing USF in an elite category among the state’s 12 public universities. USF is a member of the American Athletic Conference.
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