TwitterFacebookLinkedInEmailRSS
logo

An editorial blog of CFA Society Minnesota

  • Home
  • About Us
  • Contact Us
    • Compensation Survey Contact Form
  • Subscribe to Blog via Email

Monthly Archives: November 2019

University of Wisconsin-Eau Claire Financial Management Association in Minneapolis

25th November, 2019 · CFAMNEB · Leave a comment

The University of Wisconsin-Eau Claire Financial Management Association traveled to Minneapolis to visit U.S. Bank, Wells Fargo, UBS and Target on Friday, November 15. CFA Society Minnesota worked with Wells Fargo and U.S. Bank to put together an outstanding day filled with real-life experiences. We had an incredible time and look forward to this event every year. Special thank you to both of these organizations for hosting our group and for teaching us about the different career paths in the finance industry.

Wells Fargo

Wells Fargo broke the ice with a heated game of financial family feud between two groups of Eau Claire students. The family feud was geared toward topics in wealth management. After playing financial family feud, there was a panel discussion with Kashi Yoshikawa, CFA, Kevin Ario, CFA, and Tasha Alexander. Joshua Witherspoon led the panel discussion and the students were able to ask any questions they would like. The finance leaders touched on client relationships, client retention, industry certifications, specialized services, D.I.S.C. personality model, and team building. They also explained their career paths and the different roles in the industry of wealth management. Special thank you to Joshua Witherspoon, Brittany Jacks & Ploy Pattinson for organizing this visit.

Speakers:

Kevin Ario, CFA: National Investment Management and Implementation Director
Kashi Yoshikawa, CFA: Regional Investment Manager
Tasha Alexander: Senior Private Banker

U.S. Bank

U.S. Bank hosted our group in a large training room. We first heard from an HR representative, Cindy Kuehl, who went over an organization overview of the company. We also heard from six other finance employees:

Aimee Brantseg: Private Wealth Advisor
Lisa Erickson, CFA: Senior Vice President and Head, Traditional Investments Group
Preeti Higgins: Private Banker
Leisl Kistow, CFIRS: Head of Wealth Management Trust Advisory Center & SVP
Kate Lyons, CFA, CAIA: Vice President, Senior Portfolio Manager
Leslie Penrith: Vice President, Marketing
Leela Rao: Vice President, Director of Strategic Initiatives

They discussed each of their positions, what a typical day looks like for them and the challenges they face within their roles followed by a Q&A session. This was a very beneficial presentation and provided insight into the industry of wealth management. It was great to hear from all the professionals and to learn more about the different finance positions in their organization. Special thank you to Lisa Erickson and Kate Lyons for putting this visit together for us.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to email this to a friend (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
Posted in Hot Topic Commentary | Tags: CFA Charterholders, CFA Society Minnesota, finance, investment, student visit, U.S. Bank, University of Wisconsin-Eau Claire, University of Wisconsin-Eau Claire Financial Management Association, wealth management, Wells Fargo |

November Executive Director Message – What’s Your Opinion?

12th November, 2019 · CFAMNEB · Leave a comment

If you read last week’s newsletter, you know that CFA Institute has been working with Societies over the past year to develop a career-focused competency framework designed to guide members in acquiring necessary skills throughout their careers. The new framework generated quite a bit of buzz when was released last month at regional Society Leadership Conferences.

The Institute is actively seeking input about the new competency framework from you and your fellow industry professionals. To shed more light on what this all means, we interviewed Josh Howard, CFA, who served as CFAMN’s President in 2015-2017 and who was elected earlier this year to serve as the President’s Council Representative for our 12 Midwestern CFA Societies. Josh also is a member of the CPD (Continuing Professional Development) Design Council, the joint Society-Institute working group helping to create the new framework.

Mark Salter, CAE, ABC
Executive Director

Q. There was a lot of excitement in the room when CFA Institute unveiled the new competency framework for professional learning at last month’s Society Leadership Conference. Why the excitement? Why is this important?

Josh: The competency framework was designed to provide direction to members seeking to maintain competence in a current role or transition to a new role, and to provide an organizing framework for the Institute and Societies to offer relevant content to members. It includes soft skills, technical skills and ethics, which are mapped to specific job roles. The competency framework is the first step in developing a robust professional learning experience, and it will guide the development of the professional learning platform and content.

Many Society leaders were excited about the competency framework after the unveiling because they recognized it can help Societies organize their educational events and better track topic areas they are missing or could emphasize more. It will be useful in mentoring programs, job seeker seminars and event planning, and hopefully will add to member retention at the Society level.

The competency framework has been released to all members, and the CFA Institute is looking for feedback. To learn more about the competency framework and to provide feedback, please visit this link.

Q. Some people believe that CPD (aka Professional Learning) should never be mandatory – that it should be left up to the individual practitioner. What are the pros and cons of this position?

Josh: The main retort I hear to making professional learning mandatory is that members already do it, and a concern that the requirements and content won’t align with the education we need to stay relevant, which will turn a professional learning program into a time-wasting, box-checking exercise.

The argument for a mandatory professional learning program is that having it will demonstrate to clients, prospects, employers and regulators that CFA charterholders are part of a professional body that has ongoing learning requirements throughout their career. Having a requirement to engage in professional learning throughout a career will align CFA charterholders with most other professional designations and will help our global members meet their regulatory learning requirements. I have even heard stories from other countries that the lack of a mandatory professional learning program means CFA charterholders in those countries are not exempt from certain regulatory requirements, whereas members of other professional organizations with mandatory professional learning are granted an exemption.

Q. Why did you volunteer to work on the CPD (Continuing Professional Development) Design Council? What did you hope to contribute or accomplish?

Josh: I volunteered because I care about adult learning. I have a Master’s degree in Education and throughout my career I have been interested in how adults learn. I wanted to help ensure that the professional learning product from the CFA Institute was designed with adult learners in mind, offering relevant content where, when and how an adult learner wanted to access it. I am just completing my first year on the design council and have had a great experience working with other Society leaders and Institute employees who care passionately about designing a great professional learning experience that adds member value, regardless of when and if it becomes mandatory.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to email this to a friend (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
Posted in Hot Topic Commentary | Tags: CFA Charter, CFA Charterholders, CFA Institute, competency framework, CPD (Continuing Professional Development), President’s Council Representative, Society Leadership Conferences |

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Recent Posts

  • Important Minnesota Financial Literacy Legislation Update 03/20/2023
  • New Financial Literacy Effort Launched for Minnesota Communities and Schools 09/30/2022
  • End of an Era 07/26/2022
  • Starting my Midwestern Goodbye 04/05/2022
  • Face-Off 10/18/2021

Submit your inquiry here

Categories

  • Compliance (3)
  • Department of Labor Fiduciary Rule (1)
  • Ethics (7)
    • Ask the Ethicist (2)
  • Freezing Assets Shout Out (34)
  • Hot Topic Commentary (177)
  • Intellisight (1)
  • Local Charterholders (88)
  • Member Spotlight (4)
  • Society President Letters (15)
  • Spotlight on MN Companies (1)
  • Valuation (2)
  • Weekly Credit Wrap (35)

Archives

  • March 2023 (1)
  • September 2022 (1)
  • July 2022 (1)
  • April 2022 (1)
  • October 2021 (1)
  • August 2021 (1)
  • May 2021 (1)
  • February 2021 (1)
  • January 2021 (2)
  • October 2020 (2)
  • September 2020 (2)
  • August 2020 (1)
  • June 2020 (1)
  • February 2020 (1)
  • December 2019 (1)
  • November 2019 (2)
  • October 2019 (1)
  • September 2019 (1)
  • August 2019 (1)
  • July 2019 (2)
  • June 2019 (1)
  • April 2019 (3)
  • March 2019 (2)
  • February 2019 (1)
  • January 2019 (2)
  • December 2018 (1)
  • November 2018 (2)
  • October 2018 (3)
  • September 2018 (1)
  • April 2018 (3)
  • March 2018 (8)
  • February 2018 (3)
  • January 2018 (1)
  • November 2017 (5)
  • September 2017 (1)
  • August 2017 (3)
  • July 2017 (1)
  • June 2017 (1)
  • May 2017 (1)
  • April 2017 (2)
  • March 2017 (1)
  • December 2016 (2)
  • November 2016 (2)
  • October 2016 (1)
  • September 2016 (1)
  • August 2016 (1)
  • July 2016 (2)
  • June 2016 (5)
  • May 2016 (2)
  • April 2016 (2)
  • February 2016 (5)
  • January 2016 (3)
  • December 2015 (1)
  • November 2015 (4)
  • October 2015 (6)
  • September 2015 (1)
  • July 2015 (1)
  • June 2015 (6)
  • April 2015 (2)
  • March 2015 (4)
  • February 2015 (2)
  • December 2014 (2)
  • November 2014 (7)
  • October 2014 (10)
  • September 2014 (3)
  • August 2014 (5)
  • July 2014 (2)
  • June 2014 (5)
  • May 2014 (9)
  • April 2014 (9)
  • March 2014 (8)
  • February 2014 (7)
  • January 2014 (8)
  • December 2013 (6)
  • November 2013 (7)
  • October 2013 (13)
  • September 2013 (4)
  • August 2013 (2)

Popular Tags

#memberspotlight 2015 Compensation Survey A Day in the Life BlackRock Board of Directors Carlson School of Management CFA CFA Charter CFA Charterholder CFA Charterholders CFA Institute CFA Institute Research Challenge CFA Minnesota CFAMN CFA Program CFA Society Minnesota CFA Society MN Changing Perceptions Chartered Financial Analyst charterholders Compensation Survey Diversity ESG ethics freezing assets shout out interest rates investment management Josh Howard Joshua M. Howard Member Engagement Minnesota non-GAAP earnings North Dakota Nuveen Asset Management President's Letter SEC Society President South Dakota Susanna Gibbons University of Minnesota Volunteer Volunteering Volunteers Weekly Credit Wrap women in finance
© 2021 CFAMN Freezing Assets - Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFAMN, FreezingAssets.org or CFA Institute.
  • Home
  • Log In
  • RSS Feed