Alliance of Comprehensive Planners on the Right Side of History

PHILADELPHIA - Nov. 18, 2014 - PRLog -- John Bogle, founder of The Vanguard Group and the first index mutual fund, answered questions and presented to more than 150 fee-only financial planners Thursday, November 6 during the Alliance of Comprehensive Planners’ 2014 Conference in Philadelphia. Bogle, who was greeted by a standing ovation, spoke on the importance of a financial planner and the future of the financial planning industry.

“You are on the right side of history in the way you have structured your Alliance,” John Bogle said when asked about the future of ETFs. Bogle went on to say he has always liked the financial planning field, particularly the fee-only field.

Embodying the ACP 2014 Conference theme - Planning for the Future and Investing in Knowledge, Bogle’s presentation acknowledged the financial planning industry’s substantial growth over the years and its possible innovation moving forward. Bogle’s presentation also emphasized the importance of a financial planner, noting that advisors give their clients an edge in the marketplace. He stated that knowledge and hand-holding provided to clients by a financial planner is invaluable.

“Listening to Mr. Bogle discuss the roots of the financial industry and hearing his stories was an exciting moment for myself and every financial planner in the room,” said ACP President John Einberger. “His presence at the ACP Conference speaks volumes about the organization and solidifies its place in the financial planning arena.”

In addition to Bogle’s Q&A, ACP founder Bert Whitehead presented Adding Tax Alpha and ACP Cash Management System; Michael Kitces shared Cutting-Edge Tax Planning Developments & Opportunities and The Future of Financial Planning in the Digital Age; and Colleen Jaconetti delivered Putting a Value on Your Value: Vanguard Advisors Alpha.

View the entire session with Bogle by visiting https://www.youtube.com/watch?v=R1b8alXOYWA. Contact Lori Lorusso at lori@acplanners.org for more information about Alliance of Comprehensive Planners.



About ACP

Alliance of Comprehensive Planners (formerly the Alliance of Cambridge Advisors) is a community of fee-only financial planners trained in the ACP System™. ACP members manage clients’ whole financial picture, from estate planning to taxes. Our members pride themselves on being the best in the business, providing the highest quality service while also developing meaningful relationships with their clients. For more information, visit http://acplanners.org.

About John C. Bogle

John C. Bogle is the longest serving leader in the U.S. mutual fund industry. After graduating from Princeton University in 1951 with an A.B. degree in Economics, magna cum laude, he joined Wellington Management Company. In 1974, he founded The Vanguard Group, serving as chief executive and then senior chairman through 1999, and since then as President of its Bogle Financial Markets Research Center. In 1975, he founded the world’s first index mutual fund. With current fund assets under management totaling some $2.5 trillion, Vanguard is the largest mutual fund organization in the world. In 1999, FORTUNE magazine named Mr. Bogle one of the investment industry’s four “Giants of the 20th Century,” and in 2004, TIME magazine named Mr. Bogle one of the 100 “Most Influential People in the World.”