Advisors4Advisors

Fritz Meyer, an independent economist, has taught on Advisors4Advisors monthly since March 2011. His classes averaged a rating of 9.7 (out of 10) for any 12 month period year after year. Fritz previously was senior strategist at one of the world's largest investment companies for over a decade.  He has no product affiliations, and his classes are solely member-sponsored.

This class was scheduled to occur a day after the June FOMC meeting and includes a primer on FOMC meeting releases, including the new Summary of Economic Projections.    

No test is required to earn CFP CE, CIMA CE, or CPA CPE credit. Only live IAR CE credit requires a 10-question assessment to earn credit but it is easy to pass. 

Drawing on the latest financial and economic indicators, this monthly course situates current metrics within their long-term historical context, helping advisors formulate an informed outlook based on timely, data-driven analysis of U.S. economy and global capital markets.

Fritz has a knack for balancing current conditions with timeless investing principles to offer incisive analysis of Federal Reserve actions and forecasts, employment trends, consumer spending and savings, corporate earnings, and key fundamentals IARs must know.  

The precise learning objectives (LOs) of every month's live class are not determined until the live class is conducted. For example, the precise LOs for this class will not be known until the FOMC's June 18 meeting concludes, just 24 hours before the live class. However, the LOs underlying every monthly update are as important:    

LO 1. Review Performance of Main GDP Growth Drivers. Inflation, job formation, and Other Fundamentals. Enables learners to make informed financial decisions based on current data. Learning measured in scored final assessment questions requiring learners to know data and characteristics of recent fundamentals, such as employment growth, productivity, and corporate earnings.

LO 2. Analyze Stock Market Reaction To Recent Geopolitical News. Learners will feel better able to assess the impact of geopolitical events (e.g., Israel/Iran tensions and U.S. elections) on market performance and volatility. Learning measured in post-class assessment questions about stock market performance following major crises in modern history. Relevance: Helps learners put geopolitical events in perspective and averts putting too much weight on short-term trends.

LO 3. Know Key Facts About Federal Reserve Monetary Policy. Learners will be better able to interpret Federal Reserve's rate policy. Grow conversant in facts needed for making data-driven investment decisions. Measure achieving the learning objective by asking participants in the final assessment to identify accurate descriptions of various Fed policy points and their implications for interest rates.

LO 4. Formulate Investment Strategies Based on Earnings Valuations on S&P 500. Learners will be able to develop long-term investment strategies by analyzing current earnings valuations versus modern history. Measure by: Asking participants in the final assessment to choose the best description of current stock market prices relative to 12-month trailing and forward-looking Wall Street analyst earnings estimates. Relevance: Know if the stock market is in a bubble or nearly so.

LO 5.  Create An Economic Growth Outlook Based On Authoritative Sources. Learners will be able to develop their own GDP growth outlook informed by the most recent consensus forecasts of leading professional economists. Measure by asking in final assessment about consensus forecast of economists surveyed quarterly by The Wall Street Journal versus GDP Nowcasts by New York and Atlanta Federal Reserve Bank branches, and Blue Chip Economics survey of top economists. Measure by in final assessment question asking about details of various recent consensus forecasts. Relevance: Enables learners to devise an economic forecast driving investment decisions.

LO6. Review Major News & Analysis In Wall Street Journal (WSJ). Poignant news and analysis, as reported in WSJ, the largest U.S. financial news outlet, about the current financial economic situation, are reviewed. A curated review of important WSJ articles keeps participants current on what’s happening in financial economics based on an authoritative source. What was learned will be measured by questions about the main points of WSJ articles discussed by the instructor.

Who Should Attend:
IA Reps, CFPs, EAs, CFAs, CPA financial planners, CPA/PFSs, CIMAs, CLUs, ChFCs, and other professionals who seek a deeper understanding of the economy’s influence on investment decisions and the creation of informed, disciplined portfolio strategies.

Cost:
Free to Advisors4Advisors members ($60/Qtr).

CPE Credit:
1 hour, Economics field of study

Prerequisites: None

Advanced Preparation: None

Course Level: Update

Delivery Method: Group Internet-Based

Learning Experience  
This live class is organized into five sections:

1. Instructions
2. LIVE Fritz Meyer presentation    
3. Three polls for CPAs, IARs 
4. IAR CE scored assessment
5. Satisfaction survey  

Who Should Attend:
IA Reps, CFPs, EAs, CFAs, CPA financial planners, CPA/PFSs, CIMAs, CLUs, ChFCs, and other professionals who seek a deeper understanding of diversified portfolio strategies.

Cost:
Free to Advisors4Advisors members ($60/Qtr.)

Prerequisites: None
Advanced Preparation: None
Course Level: Update
Course Delivery Method: Live internet, and on-demand webinar replay
Field of study: Economics 

Class is being submitted to NASAA for approval as Products & Practices IAR CE and to CFP Board for CFP CE, IWI for CIMA CE, and NASBA for CPA CPE.  

Advisors4Advisors is approved as a CE provider by:

• CFP Board, which regulates CE for Certified Financial Planners.  
• North American Securities Administrators Association. NASAA does not endorse any particular provider of CE courses. The content of the course and any views expressed are those of the instructor and do not necessarily reflect the views of NASAA or any of its member jurisdictions. The class is submitted for approval NASAA.  
• National Association of State Boards of Accountancy (NASBA) as a Quality Assurance Service (QAS) Self-Study Provider, enabling CPA CPE credit live and on-demand webinars. State boards of accountancy retain final authority on course acceptance. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors at www.nasbaregistry.org. 
• Investments & Wealth Institute, enabling credit for CFP®, CIMA®, and CPWA® professionals. 

For information on administrative policies, such as refunds, cancellations and complaints, email [email protected].