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2019 Annual Planning Meeting

The Prescription for Financial Wellness: Finding the Right Dose for Millennials and Gen Z

June 17/18/19, 2019

Hosted by: Charles Schwab Retirement Services



Meeting Objective

Employees facing financial stress are less productive and more often absent from the workforce. For this reason, employers are genuinely interested in the financial wellness of their employees. Many seek to help employees early in their career to realize the greatest chances of success long-term.

The focus at the 2019 Annual Planning Meeting is on Financial Wellness programs well suited to workforce entrants up to age 35: Millennials and Gen Z. Workforce entrants struggle with the fundamentals: budgeting expenses, containing credit card debt, reimbursing student loans, and deciding how much to save for retirement. Utilization and adherence are key drivers of success in this population.

  • What is the range of programs available to address the needs of this segment?
  • How will we instill among workforce entrants an instinct and desire to seek out information to support sound financial decision-making?
  • What level of utilization and adherence is achievable?
  • What business benefits can be reaped from encouraging workforce entrants to save now instead of later?
  • How will we convince employers of the need to implement a financial wellness program for a segment with decades to save for retirement?

Employers’ quest to set a new generation of workforce entrants on the road toward financial wellness leads advisors into unchartered territory. Council members find themselves in the exciting position to introduce trend-setting clients to leading-edge programs that may still be in trial period. Information about products in development is not readily available to the masses. The Financial Wellness fair will give you a unique opportunity to meet individually with the myriad of service providers to learn about the latest innovations and demonstrated successes. Exhibitors represent a wide range of sources: advisory firms, retirement plan service providers, investment managers, and dedicated third-party service providers with deep Financial Wellness expertise.

Key priority is to encourage plan sponsors to adopt solutions appropriate for their situation, to drive growing numbers of young participants to utilize the tools made available to them, and to lead users to stick with the prescribed regimen.

Meeting Planning Committee

Michael H. Gouldin CRPC®, AIF® – Gouldin & McCarthy
Steve Smith - AIG Retirement Services

Matthew Beaulieu – Franklin Templeton Investments
Michael A. Coelho C(k)P® AIF®
Colin M. Clark AIF® C(k)P®, CBFA, CPFA – Washington Financial Group
Melissa Cowan – Morgan Stanley
John Erickson – Securian Financial Group
Anthony Fiorenza CPFA, C(k)P®, AIF®, PPC™ - Summit Group Retirement Planners
Derek Fiorenza C(k)P®, CPFA, AIF®, PPC™, MSBA - Summit Group Retirement Planners
Taylor S. Garlesky – Charles Schwab Retirement Services
C. Andrew Harbour CFP® CIMA® – Morgan Stanley Graystone Consulting Atlanta
Paula A. Hendrickson CFP®, C(K)P®, CBFA® – First Western Trust
Joseph W. Mrozek CRPS® – Lincoln Financial Group
Kevin M. Murphy – Franklin Templeton Investments
Daniel J. Peluse AIF®, C(k)P®, CBFA, CRPS® - Wintrust Wealth Management
Chris Phillips – CUNA Mutual
Troy L. Redstone AIF®,  CFEI®, CBFA® - PHD. Retirement Consulting
Courtney Rougeau – J.P. Morgan Asset Management
Timothy M. Schannep CFP® - CBIZ
Scott L. Schlappi CEBS®, CPFA®, AIFA® - Wealth Plan Advisors
Christopher G. Venuti CIMA® - Century Financial Group
Charles E. Wenzel – Cohen & Steers


Charles Schwab & Co.
Denver Lone Tree Campus, Schwab Events Center
9899 Schwab Way
Lone Tree, CO 80124

Dates and Times

Monday, June 17

10:30 a.m. Financial Literacy Volunteer Pre-event
Location - TBD
Live, interactive experience helps students understand how the choices they make about career and money can have a dramatic impact on their future.
12:00 p.m. Reality Store adjourns
1:00 p.m. Roadmapping the Wellness Conversation
Mike Shamburger – T. Rowe Price
1:45 p.m. Pre-event Financial Wellness Fair opens
  Salon C & D – Park Ridge Ballroom
5:00 p.m. Pre-event Financial Wellness Fair adjourns
6:00 p.m. Sponsored Pre-event Dinner at Sierra (Food Stations)

Tuesday, June 18

8:00 a.m. Sponsored Continental Breakfast
8:30 a.m. Opening and Welcome
  Denver Schwab Events Center
  Michael M. Kane CLU ChFC, AIFA, CPFA – Plan Sponsor Consultants
President – Retirement Advisor Council
8:45 a.m. Meeting Goals and Objectives
  Denver Schwab Events Center
  Steve Smith – AIG Retirement Services
9:00 a.m. The Evolving Workscape and Impact on Financial Wellness Programs
  Denver Schwab Events Center
  At this session, we will discuss how shifting demographics. Technological innovation, and new employee expectations are shaping the workplace of the future and Wellness Benefits in particular. This presentation is based on the work of Dr. Joseph Coughlin, Director of the MIT AgeLab.

John Diehl, Hartford Funds
10:00 a.m. Refreshment Break
10:15 a.m. Breakout Sessions – Advisor Panels – Advisor Practice Management
  Breakout Session 1: Compensating Members of the Team
Moderator: Sharon L. Schmid QPFC – Robert W. Baird & Co., Inc.
Panelists: Paula A. Hendrickson CFP®, C(K)P®, CBFA - First Western Trust
                 Other panelists TBA
Room TBA
  Breakout Session 2: Finding Leads / Developing Referrals
Moderator: Jason Key – Lincoln Financial Group
Panelists TBA
Room TBA
  Breakout Session 3: Business Opportunities in Financial Wellness
Moderator: Anthony Fiorenza CPFA, C(k)P®, AIF®, PPC™ - Summit Group Retirement Planners
Panelists TBA
Room TBA
11:15 a.m. General Session – Finding New Ways for Advisors to Add Value
  Denver Schwab Events Center
  Speaker TBA – Charles Schwab Retirement
12:15 p.m. Sponsored Luncheon
12:55 p.m. Introduction of afternoon program
  Denver Schwab Events Center
  Steve Smith – AIG Retirement Services
1:00 p.m. Award-winning Financial Wellness Programs
  Panel of retirement plan sponsors with award-winning financial wellness programs that achieved a level of success that commends industry recognition.
  Denver Schwab Events Center
  Moderator: Robert Jennings, AIF® - Zions Bank
Panelists TBA
2:00 p.m. Breakout Sessions – Best Practice Peer Discussion Roundtables
  Tough questions from your peers will keep you on your toes and help you stay ahead.
  Breakout Session 4: Advisor Role in Driving Affinity Group and MEP Creation (Small/Mid)
Co Moderators: Jeffrey Musell – TIAA
                           Charmaine Hughes – Transamerica
Room TBA
  Breakout Session 5: Expanding Defined Benefit Plan, Hybrid Plan, NQDC, and Equity Compensation Business (Large/Jumbo)
Moderator Eric Garofalo – Principal Financial Group
Room TBA
  Breakout Session 6 Business Opportunities in HSAs (Mid/Large)
Moderator: Lisa M. Smith - Fidelity Institutional Asset Management
Panelists TBA
Room TBA
3:00 p.m. Refreshment Break
3:15 p.m. Award-winning Financial Wellness Programs
  Denver Schwab Events Center
  Panel of retirement plan sponsors with award-winning financial wellness programs that achieved a level of success that commends industry recognition.
Andrew Harbour, CFP® CIMA® CRPS® - Morgan Stanley Graystone Consulting Atlanta
Award-winning panelists TBA
4:15 p.m. General Session – CITs and Separate Accounts
  Denver Schwab Events Center
  Insert session description here.
Moderator: Jason Colarossi – Franklin Templeton Investments
Panelists TBA
5:15 p.m. Adjourn
6:00 p.m. Sponsored Event Dinner at Perry’s Steakhouse and Grille

Wednesday, June 19

7:30 a.m. Sponsored Continental Breakfast
8:00 a.m. General Session Panel – Mastering Business Management the Retirement Plan Advice
Practice - Scaling the Business / Scalable Advisor Business Models
  Denver Schwab Events Center
  Moderator and Panelist Advisors TBA
9:00 a.m. Breakout Sessions: Best Practice Peer Discussion Roundtable
  Tough questions from your peers will keep you on your toes and help you stay ahead.
  Breakout Session 7 – CRM – Client Relationship Management or Can’t Really Manage
Best practices for using your CRM so you are managing it and it isn’t managing you
Moderator: Craig Rosenthal – Fiduciary Benchmarks
Room TBA
  Breakout Session 8 – Developing Team Culture
Moderator: Jania E. Stout AIF® - Fiduciary Plan Advisors at Hightower
Room TBA
10:00 a.m. Refreshment Break
10:15 a.m. Discussion with the Board
  Denver Schwab Events Center
11:15 a.m. Meeting Adjourn and Transportation
1:00 p.m. Continuing Education: Financial Wellness: Not So Hot When Served Cold
  Room 309
  Don Trone - 3-Ethos
I&WI (IMCA) CE: 2-hrs, including 1-hr for Ethics (Presentation will integrate Preamble to, and the Code of Professional Responsibility)
3:00 p.m. Continuing Education Adjourn

Financial Wellness Fair

To meet the needs of the diverse employee population of client sponsors, plan advisors find themselves combining solutions from multiple sources to create a cohesive Financial Wellness Program: their own advisory firm, the client’s retirement plan service provider, investment managers, and third-party vendors. To facilitate the task, the Council created the Financial Wellness Fair allowing members to meet as many Financial Wellness service providers as possible at one single location.

Council members are eager to introduce leading-edge programs to their trend-setting clients. Exhibitors bring to the fair information not readily available to the general population and engage the membership in discussions of new and innovative programs. We encourage exhibitors to present information about:

  • Existing programs with demonstrated effectiveness, utilization, and adherence,
  • Programs in development or even those in trial period showing encouraging results,
  • Case studies documenting successes in specific situations,
  • Thought leadership and research providing evidence of results (financial well-being, retirement readiness, and retirement plan success).

Defining Financial Wellness
We want as many qualified Financial Wellness Service Providers exhibiting as possible, but space is limited to 20 booths. The Consumer Financial Protection Bureau (CFPB) uses these words to define Financial Wellness at work: “Financial wellness is a comprehensive approach. Industry surveys define financial wellness programs as those that assess and support an employee’s “complete financial picture” or the “overall financial health of an individual.” The distinction here is that financial wellness programs do not take a snapshot approach, focusing on a single aspect of financial planning such as retirement or college savings. Financial wellness programs look at how all the pieces of an individual’s financial life fit together.1


  • SmartDollar
  • RetireReady
  • Principal Financial Group
  • Merit Financial
  • MassMutual
  • John Hancock Retirement Plan Services
  • HartfordFunds
  • Financial Finesse
  • Fidelity Investments
  • Evoshare
  • Envestnet
  • Advizr
  • ADP Marketplace
  • Others to be announced

Hotel / Transportation

Denver Marriott South at Park Meadows
Reserve room here
10345 Park Meadows Drive
Lone Tree, CO 80124


1 Financial Wellness at Work, 2014, Consumer Financial Protection Bureau - https://files.consumerfinance.gov/f/201408_cfpb_report_financial-wellness-at-work.pdf