Professional Advisor Seminar: Active vs. Passive Investing

Join The San Francisco Foundation and the CalCPA San Francisco Chapter for a debate about active versus passive investment strategies. This program will put two investment professionals head to head to expound on the benefits of their respective investment strategy. Ample time will be reserved for the speakers to address the questions that you would like answered. Please submit questions by November 5th to Jane Dunbar at jane.dunbar@calcpa.org or 650.802.2465.

The case for active investment management:

• Markets may be efficient, but investors are not.
• The history of markets is a history of boom and bust cycles.
• Many financial products and advice are designed looking in the rear-view mirror.
• The future is unlikely to resemble the over levered, consumer-driven past market expansion.
• With the limits of modern portfolio theory, the active approach trumps "autopilot".

The case for passive investment management:

• The investment business is noisy, noisy, noisy.
• The facts speak for themselves, traditional active management underperforms.
• Newer passive instruments have empowered investors.
• The passive approach is the common sense approach.

Speakers:

• Karl O. Mills, President, Jurika Mills & Keifer
• Scott Whitcher, Managing Director, Stone & Youngberg LLC

RSVP:
Call 415.733.8590
Please request any specific accessibility needs or other accommodations when you register.

When:
Thursday, November 19, 2009
11:30 a.m. - 12 noon Registration and lunch
12 noon - 1:30 p.m. Program

Where:
The San Francisco Foundation
225 Bush Street, Suite 500
San Francisco
Directions

Continuing education credit for attorneys and CPAs.
Credit pending for CFPs and CTFAs.