Financial planners know the importance of staying up to date on the changing trends in the industry. However, did you know that 56 percent of financial planners in the industry are age 50 or older? 

Do you know how many are under the age of 30? Five percent, according to these statistics from Earnst and Young. 

There is a huge need for educated financial planners right now. According to an article by Brandon Gaille, generations X and Y are expected to generate $46 trillion in assets by the end of 2020. Out of that $46 trillion, $18 trillion is expected to come from inheritances from their baby boomer parents. 

Educated financial planners are necessary to help educate and guide generations X and Y with good financial choices. 

To help keep you up to date, the MACPA is offering our 34th annual Personal Financial Planning Conference. Scheduled for Oct. 29 in Timonium, the conference will help prepare you to answer the tough questions around:

• Retirement plan distribution rules: Case studies,
• Long-term care planning,
• Behavioral investing,
• And more. 

You will be prepared for market volatility and uncertainty and become an invaluable asset to your clients. If this is something you, or someone you know, would benefit from, get further details and register here.