September 2015 Connections Newsletter

Issue #0915  
The American College of Financial Services® Connections
How to Help Families Understand Life Insurance Is Not Optional.
  September is Life Insurance Awareness Month. If you are suppressing a yawn at this point, the startling statistics revealed by the 2015 Life Insurance Barometer Study should serve as a wake-up call. According to the study, which was conducted by Life Happens and LIMRA, more than 40 percent of Americans have no life insurance at all.

The problem is even more chronic for women, who historically have been underinsured. It is estimated that the amount of life insurance owned by women is about 69 percent of that owned by men, and 43 percent of women do not have any life insurance. It is unfortunate that our society still tends to undervalue the contributions of women to the household, especially if they are stay-at-home mothers or caregivers without a quantifiable salary.
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Highlights from the 10th Annual CAAFP.
  The Conference of African American Financial Professionals (CAAFP) marked its 10th annual gathering August 18-19 at the Marriott Waterside Hotel & Marina in Tampa, FL. This year’s theme was Celebrate Success. Commit to Excellence. and we did just that! Here are a few of the highlights.

Dr. Robert Johnson kicked off the Conference by recognizing the individuals who were instrumental in starting the event. They included our very own Board Trustee, Lee Bethel. The individuals received a heartfelt standing ovation from the crowd of nearly 500 attendees.

Next to take the stage was Albert Mensah, The Ambassador of Opportunity. Born in Ghana, Albert shared stories of growing up in West Africa with the dream of making it to the United States. He reminded the audience to embrace change, not fear it. “Opportunity comes in many disguises.”

Our afternoon keynote speaker was Vernice “FlyGirl” Armour, America’s first African-American female combat pilot. She fascinated the crowd from the moment she took the stage recalling her time in combat to where she is today. Everyone left with a new mantra, “you HAVE permission to Engage…CLEARED HOT!”

The Conference concluded the following day with NASA Astronaut, Leland Melvin. He was drafted by the Detroit Lions in 1986, but his dream of playing on the gridiron was cut short due to injury. If that weren’t enough his hopes of space travel were nearly derailed after a freak training accident caused him to lose his hearing. Despite the setback, Leland remained focused and persevered through the adversity and eventually completed two missions aboard the Space Shuttle Atlantis. He even holds the distinction as the only person drafted into the NFL to have flown in space. Talk about determination!

Be sure to join us next year for the 11th Annual Conference of African American Financial Professionals. Mark your calendar for August 9th – 10th. We’ll see you in Tampa.

Who Ya Gonna Call?
  Every September, the Life Insurance Industry takes the opportunity to remind us, once again, of the importance of life insurance. In 2015, the Life Happens and LIMRA Insurance Barometer Study shows that 40% of Americans have no life insurance.

Through collaboration with LifeHappens.Org, a non-profit organization dedicated to inspiring the public to take personal responsibility through the ownership of life insurance and related products, agents and companies all over the United States conduct Life Insurance Awareness Month campaigns to carry out that mission.

“That’s great,” you might be thinking, “but who does it the other eleven months of the year? That is an excellent question and the focus of the rest of this short article.
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Worried About Your Investments? Here's the Best Advice.
  The market is on a volatility roller coaster again, and many average investors are caught somewhere between fear and panic. These are the days good, personal financial advice matters most.

No robo adviser will keep you from selling at the worst possible moment, but a good financial adviser absolutely will (and just might encourage you to buy more when securities are on sale). How much is having access to financial advice saving the American public every year?
Read the Full Article on MarketWatch

Register Now for Chicago LIVE!
Monday, September 28, 2015
10 AM - 2 PM CST

The American College invites students, alumni and financial service professionals to join us as top thought leaders discuss the state of the industry. Don’t miss out on this great opportunity to earn 2 CE credits and receive information that will enhance your services to your clients and provide you with ethical insights to safeguard your business. Registration is $60 per person, or $600 per table of 12, and includes lunch. Chicago LIVE is sponsored by Pacific Life. View the video below for more details about this exciting event.

For information on speakers and to register, click here!
Chicago LIVE! Video

The American College Featured in Leading Publications!

The American College Featured in Leading Publications!
The American College in USA Today, The Washington Post, and more!
Reuters - How to Play the Fed Meeting Next Thursday
USA Today - Investors Shouldn't Wait Until Fed Raises Interest Rates To Take Action
The New York Times - New Widows Have Another Concern: Their Finances
Forbes - Congress Considers New Proposal To Raise Social Security Benefits
Main Street - Did You Sell on Black Monday? Here's What You Should Do
News & Events

Alumna of
The Month

Vikki Pryor

Vikki Pryor

Read more

Upcoming Events

Learn More about the WLA Summit 2015Society of FSP

•  Live Video Teleconference:
Tune in on November 11, 2015 to learn what income tools are available to construct a sound retirement income strategy, how investment strategies change from accumulation to income distribution, health and tax risks that affect income decisions, and more. This event is co-produced in partnership by the Society for Financial Services Professionals and The American College. Sponsored by Pacific Life.
Learn More.
•  MSM Residency:
9/28/15 - 10/2/15 Bryn Mawr, PA - Email: for more details.
•  Chicago LIVE!: September 28, 2015
Chicago, IL - Click
here for more details.
•  Knowledge Summit:
October 22 - 24, 2015 in Honolulu, Hawaii - Visit:
for more details.


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