A Special Event – A World of Opportunity: The Evolution of Investing

Firm News & Eventson May 18th, 2017No Comments

Summary By: Lauren Mireles, RP®

We’d like to extend a warm thank you to all those who attended our special event this Wednesday! Our team enjoyed insightful conversations, delicious hors d’oeuvres and sweet treats, and a fabulous presentation from DFA’s “Secretary of Explaining Stuff” who lived up to his title. Apollo’s presentation answered questions from the audience on active vs. passive management, the current global economy, and more. We’ve put together a small gallery of photos from the event below. We hope our guests enjoyed the evening as much as we did and to those who were unable to attend, we hope you will save the date for a similar event we will be hosting in San Francisco, CA on August 16th – stay tuned for details!

The stage was set for our presentation discussing the world of opportunity with investing.

Elissa and Dave extend a warm welcome to our guests and a sincere thank you for the relationships we have with all of our guests, Clients, and Allied Professionals.

Dave introduces our speaker. Apollo Lupescu, Dimensional’s “Secretary of Explaining Stuff”.

Apollo used drawings to help explain investment concepts – it’s easier to identify the patterns of a school of fish than those of individual fish.

Apollo also discussed returns and DFA’s approach to managing risk.

A lovely display of treats was enjoyed following the presentation to end the night with a sweet note.

The Journey to CFP® Certification: Congratulations, Camille!

Firm News & Eventson May 18th, 2017No Comments

Quotes By: Camille Bouvet, CFP®

After years of hard work and dedication, we are very proud to announce that Camille Bouvet, Financial Planning Resident in our San Francisco office, became a CERTIFIED FINANCIAL PLANNERTM  professional on Tuesday, May 15th. After learning that she had officially received the certification, we asked Camille to describe her journey to CFP® certification; the words learn and priorities resonated with her the most.

Learn

While studying for the exam, I had to engage in structured, routine learning in pursuit of retaining information and performing on exam day. Upon completing the exam, the learning shifted to experiencing. Stubbornly, I realized that the CFP® credentials were not earned simply because I passed the exam and that the 4,000 hour requirement is enforced for good reason – becoming a proficient financial planner requires learning by experiencing because it’s how we tend to learn best. It dawned on me that as a financial planner, we are always learning because we are constantly optimizing and strategizing as the economic and legislative landscape shifts and as our Clients’ needs evolve.  I then started to change my perspective when it came to challenges at work. It became easier to push through frustration when attempting a new task because I knew that in the grand scheme of things, I was going to learn something that would help me become the aspirational financial planner I’ve been working towards. Furthermore, I realized how lucky I was to be in the hands of some of the best financial planners in the country who could give me the feedback I needed. Four thousand hours later, I don’t think I can remember a single question that was asked on the exam but I continue to recall dozens of real-life client examples that allow me to make the best decisions in servicing our Clients.

Priorities

I chose to take the exam right after college because the “study muscle” was still strong and it would be easier to stay focused while I was new to San Francisco. After deciding I was committed to passing the exam in November 2015, I knew I had only so many hours in the day to juggle everything outside of studying and work. The pressure I put on myself to pass the exam forced me to prioritize and taught me a lesson in trade-offs. I knew I had to put other endeavors on hold during the study period – social events, sunny Saturdays during September in San Francisco (my favorite time of the year!), training for a new distance, and travel. In lieu of this freedom, I relied on exercise as a way to sustain the energy and enthusiasm in balancing it all. To my delight, my lifestyle actually became simpler and decisions were easy to make because I really only had time for three things: work, study, and exercise! And the rewards for having paid a short-term cost for a long-term benefit have been completely worth it.

I’m so grateful for the opportunity to earn these credentials. Yeske Buie has been an incredible guide while our Clients have given me the chance to do quality financial planning.  Thank you!

To obtain certification, a planner must have satisfied the CFP Board’s “Four E’s” – Education, Examination, Experience, and Ethics. Specifically, candidates must hold a bachelor’s degree and must have completed a CFP Board-approved education program covering 78 financial planning topics. Camille earned her degree in Applied Economic Management as part of Virginia Tech’s CFP® Certification Education Track. After the education requirement is complete, candidates sit for an 6-hour, 170 question exam which Camille passed in November 2015. With the examination requirement complete, candidates must then accumulate three years of full-time practice experience (two years if under the direct supervision of a CFP® practitioner) and complete an ethics certification, which includes an inquiry into the candidate’s background and agreement to adhere to the CFP Board’s Code of Ethics. To maintain certification, a CFP® professional is required to complete at least 30 hours of “Continuing Education” credits every two years.

You’re Invited to Our Special Event

Firm News & Eventson April 3rd, 20173 Comments

A World of Opportunity: The Evolution of Investing

A Social Gathering with Special Guest Speaker, Apollo Lupescu, PhD

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WEDNESDAY, MAY 17, 2017

6:00pm – 9:00pm

Presentation at 7:00pm

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Hyatt Regency Tysons Corner

7901 Tysons One Place, McLean VA

Complimentary Valet Parking Available

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Click Here to RSVP Today!



The Evolution of Investing by Apollo Lupescu

Over the years, academic research has challenged many conventional assumptions about investing. Through the use of stories and analogies, this presentation explains the differences between traditional, predictive investment approaches and an alternate method based on market pricing, asset class behavior, and other evidence-based principles.

Apollo D. Lupescu, PhD, Vice President
Dimensional Fund Advisors

Apollo D. Lupescu is vice president at Dimensional Fund Advisors, where he started in 2004 after finishing his PhD in economics and finance at the University of California, Santa Barbara. During his tenure at the firm, Apollo has gained experience in a wide variety of practical subject matters. He was part of the Dimensional Investment Strategies group, worked directly with financial advisors in the Northeast area assisting in the development of their business, managed the internal Client Services team that provides broad analytical support, and then oversaw the firm’s national advisor retirement business. He is currently Dimensional’s “secretary of explaining stuff.” In this role, he frequently presents around the country and the world at financial advisor professional conferences and individual investor events.

Prior to joining Dimensional, Apollo had his own consulting firm, which provided services to the US Department of State and the White House on a variety of projects. His interests in finance and investments led him to teaching engagements at the University of California, Santa Barbara. In addition to his PhD from UCSB, Apollo has a BA from Michigan State University, where he competed in and coached water polo.



Delightful Hors D’Oeurves and Tantalizing Sweet Treats

  • Jamaican Jerk Chicken Skewers with Mango Sauce
  • Local Wild Mushroom Tart
  • Crisp Vegetable Spring Roll with Ginger Soy Sauce
  • Ginger-Sherry Marinated Beef Satay with Miso Vinaigrette
  • Smoked Salmon, Cucumber, and Fresh Dill on Rye Toast
  • Jumbo Lump Crab and Lemon-Dill Cream on an Old Bay Potato Chip
  • Regional Artisan and Farmhouse Cheeses
  • Assorted Crudite Station
  • A Lavish Display of Fresh Prepared Pastries including Pecan Tarts, Hazelnut Crunch Bar, Cherry Cheesecake Bites, Citron Tarts, Espresso Chocolate Bars and Pineapple-Banana Miniature Gateaux

Click Here to RSVP Today!

Around the World in 60 Minutes

Economy and Investing, Firm News & Events, Webinarson March 24th, 2017No Comments

The world is in a rare state of flux, with a populist, anti-trade president newly installed in the White House, and populist, anti-EU parties on the rise all across the European continent. Economic conditions in the US and abroad, meanwhile, are showing positive trends, but it’s still to be seen whether the Federal Reserve and European Central Bank can successfully walk the thin line between growth and inflation. In this one hour trip around the world, we share our analyses and recommendations for weathering whatever may come.

(Click the bracket icon in the bottom right corner of the video to enlarge)

ADDITIONAL MATERIALS:

A High Degree of Congratulations

Firm News & Eventson January 11th, 2017No Comments

Yeske Buie is pleased to share that Yusuf Abugideiri, Senior Financial Planner in our Vienna office, has earned his Master’s in Economics from George Mason University.

From the program, Yusuf gained a better understanding of how the economic way of thinking plays out in the decision-making process at the individual level and also developed a further appreciation for the grounded, evidence-based approach Yeske Buie takes in helping our Clients make good financial decisions. Reminiscing on his studies, Yusuf shared, “My favorite classes were the ones that centered on the analysis of the economic way of thinking. We covered concepts like the difference between Type 1 and Type 2 coordination, consumption-smoothing in a two-period model, and opportunity cost in my Microeconomics and Game Theory classes”.

Yusuf with Elissa and Dave after the graduation ceremony.

Yusuf and his proud wife Maegan are all smiles after Yusuf’s graduation.

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After completing his final class, this chapter of Yusuf’s educational journey ended with a wonderful graduation ceremony surrounded by the support of family and friends including Elissa and Dave. Yusuf shared three words to describe the feeling of graduation.

Humility: After spending five years on this journey, I have learned that what I don’t know dwarfs the knowledge I’ve obtained.

Gratitude: I would not have been able to graduate without the support of Dave and Elissa, the rest of the Yeske Buie team, my wife and the rest of my family and friends.

Freedom: I have more control over the information I choose to consume going forward, and I’m excited to put the skills that I sharpened in school to the test.

With his newfound free time post-graduation, Yusuf plans to read a new book each month and share it with someone in his life. He explained, “This plan is meant to serve two purposes: to continue to build on the knowledge I’ve gained, and to create opportunities to connect with people about new ideas.”

Congratulations, Yusuf!

Read posts from Yusuf:

Will the Trump administration be GREAT for your finances?

Economy and Investing, Firm News & Eventson December 15th, 2016No Comments

As Inauguration Day nears, the following questions may be on your mind. What impact will the new administration’s proposals have on the economy and the markets? How will rising interest and inflation rates impact your finances? What will happen to markets outside the US? And what about Social Security and Medicare? We invite you to join us on Wednesday, January 18th at 11:00am PT / 2:00pm ET as Dr. Dave Yeske hosts a free live webinar where you will learn:

  • What actions to take now to build more resilience into your financial affairs.
  • Strategies for dealing with rising interest rates.
  • How to plan for coming changes in the tax and estate laws, and more!

Register for the webinar today using the link below and if you have any friends, family, or colleagues who may find this seminar valuable, please feel free to share the link with them!

Will the Trump Administration be GREAT for your Finances?

The Season of Giving

Firm News & Eventson December 14th, 2016No Comments

Yeske Buie has a worldview to Give Big and everyone on our team embodies Give Big in their own unique capacity – volunteering with charitable organizations, giving back to the Financial Planning profession and more. Inspired by the season of giving, Elissa and Dave generously invited the team to select a handful of toys for donation. The Mills Building, where the San Francisco office is located, hosts an annual toy drive to benefit children in need through the San Francisco Firefighters Toy Program. Each member of the team selected one or two gifts to donate to the toy drive in the hope of bringing a little holiday happiness to local families in need.

The Yeske Buie Team is all smiles as they prepare to drop off toys to the San Francisco Firefighters Toy Program.

The gifts the team selected included a toy cash register, baby dolls, super hero capes, board games, Legos, reading materials and more! Spoken as a true financial planner, Zach Bennedsen selected the toy cash register because “it’s never too early to start learning about personal finance!” Others selected toys with personal, sentimental meaning. Camille Bouvet chose baby dolls because she believes “playing with dolls has a way of bringing out the best character in children and there’s something timeless about the toy.” Beyond the toys themselves, the team agreed that it is the opportunity to give, especially around the holiday season, that brings them joy. Ryan Klemm shared, “The importance of giving during this time of year is to recognize that others may not be as fortunate as you. Having the chance to spread happiness through giving back to others is something that I feel grateful to participate in.” Mila Lavoie echoed Ryan’s sentiments expressing, “I wish I was able to give more over the holidays, but we all do what we can. I feel grateful to Yeske Buie for allowing me to Give Big, beyond what I could do on my own!”

The Mills Building’s Annual Toy Drive Drop Off Tree and Barrel

Give Big: Cristin Volunteers for Local Ethics Day Event

Firm News & Events, Give Bigon December 14th, 2016No Comments

Written By: Cristin Etheredge, RP®

Cristin Etheredge, Operations Manager in our Vienna office, is an active member of The Rotary Club of Vienna and currently serves on the Club Leadership Team. As an active member, Cristin has fully embraced a wide variety of philanthropical events to benefit her local community. Recently, Cristin volunteered at the 18th Annual Ethics Day event with George C. Marshall High School. As a first time volunteer, Cristin said the following of the event: “If you were to ask me what I expected when I stepped foot into the Westin, it would have been apathetic, disengaged teenagers glued to their phones. Instead what I experienced were young adults who wanted to actively listen, articulate their thoughts, synthesize conclusions, and propose potential solutions with one another.” Reflecting on the event, Cristin went on to share, “My favorite part of the day was witnessing the students wanting more details, and more facts about each case they were presented with. Their ability to challenge being given surface details is crucial to successful critical thinking. By spending a day with high school seniors, I was rewarded with a new faith that the generation to follow us will make sound, ethical decisions.”

A full summary of the successful event is shared below.


Vienna, VA:  Today the Rotary Club of Vienna participated in Ethics Day for the 18th consecutive year with George C. Marshall High School held at Westin Hotel in Tyson’s Corner. The event was sponsored by the Vienna Rotary Club, Vienna Optimist Club and the George C. Marshall PTSA.

The entire senior class of Marshall High School was in attendance, participating in four modules to cover different ethical topics: a Mock Trial, the Bad Samaritan, CyberEthics and Designer Babies. Along with the assistance of volunteer moderators and table leaders, the students were led through various real-life scenarios, had an open dialogue and asked to reach decisions on topics that made students think critically about responsibility, accountability and morals.

Senior high school student Sam Hassett explained: “Ethics Day was a very self-reflective experience for me. This event put everything into a real world context instead of the hypothetical examples I’m used to.”

Rotary Club of Vienna Members Tom Kyllo, Matt Brennan, Cristin Etheredge, Joe Cacciapaglia, Scott Butler, AJ Osukie and Michelle Wright after the conclusion of Ethics Day

Sheila Sobczyk began volunteering with Ethics Day with Marshall High school three years ago. Her first year at the end of the day a student expressed to her what he got out of it – “You have to always think about what you are about to do. Your decision could hurt other people.” According to Sheila, “I knew right then and there I wanted to always be part of Ethics Day. It is so important for our young adults as they get ready to move out into the world.

Senior Nisa Hassan also took something away from the day: “Ethics not only relies on your personal morals, but being able to acknowledge the differences that may not always line up with your personal beliefs.”

The Rotary Club is an international organization that was one of the world’s first service organizations. As Rotarians, we are 1.2 million neighbors, friends, and community leaders who come together to create positive, lasting change in our communities and around the world.

Attorney Nathaniel Baldwin, the Honorable Manuel Capsalis and Attorney Mark Nicewicz volunteered their time to present the Mock Trial Module for students

Ethics Day is another activity of the Rotary Club of Vienna to give back to our community in terms of treasure, time and talent. The Rotary Club of Vienna has been the primary financial and staffing entity for the event from its inception through today.

To learn more about the Rotary Club of Vienna, visitors are welcome to join the members at one of our lunch meetings held on Wednesdays 12:00-1:30pm. If you are interested in learning more or to RSVP for a lunch, please contact our Membership Chair, James Cudney, at James@Cudney.org

Details about the club can be found at http://www.viennarotary.org/

Yeske Buie’s Staff Retreat: Storytelling, Visioning, and Focusing

Firm News & Eventson December 1st, 2016No Comments

Just before the Thanksgiving Holiday, the entire Yeske Buie team came together in San Francisco for an inspiring staff retreat. While the retreat serves as a great opportunity to step away from the day to day office routine, the team spends each day working on various exercises related to personal, professional, and company growth. The themes of this year’s retreat included storytelling, focusing on “just one thing”, and visioning for the firm.

The word cloud pictured here summarizes the most common words expressed by the team as they reflected on the staff retreat. The larger the word, the more times it was shared in our reflections.

The word cloud pictured here summarizes the most common words expressed by the team as they reflected on the staff retreat. The larger the word, the more times it was shared in our reflections.

To practice storytelling, the team was challenged to share a personal story related to their favorite quote, as well as a story about Yeske Buie that reflects our values and worldviews. The exercise produced stories that were vulnerable, powerful, and inspiring. Several team members felt that this was the most impactful exercise of the retreat. Camille shared, “I loved our work on story telling!  Not only did it give me the opportunity to sharpen my skills, but it created the space for us to connect and understand each other on a deeper level.” Similarly, Cristin echoed, “I really enjoyed the practicing of our story telling muscles. It is something that translates into all aspects of our lives.”

Following these exercises, the team focused on Gary Keller’s idea of just one thing and how this concept translates into our day-to-day work for our Clients. To begin practicing this idea, the team was asked to identify one thing they could do in their lives that would make everything else easier or unnecessary. Once identified, the team had a discussion to brainstorm how we could think, plan, and do each “thing”. The result for many team members was actionable steps towards changing a behavior that will make their lives easier. After the retreat, Mila shared her excitement in implementing this training stating, “This is not just a tool that I can use to better my productivity within Yeske Buie, but is a tool that I can actually apply to every aspect of life.” Zach also appreciated how, “Our focus on ‘one thing’ training helped us determine the best way to tackle lofty goals, one step at time. We did these exercises for both personal and professional goals, and I think we all left with some new ideas on how to best achieve them.” Also citing this exercise as the most impactful for her, Lauren G. shared how she is acting on her one thing: “It’s amazing how powerful one small change today can be. For example, my ‘Just One Thing’ would be if I could get out of bed at my very first alarm early in the morning. When I do that, I’m extremely more likely to get my workout in, which leads to a day of being alert and paying attention and a day full of healthier choices.”

The final exercises of the retreat focused on visioning short-term and long-term goals at Yeske Buie and 2017 initiatives we can pursue to help the team grow individually and collectively towards these goals. New Financial Planning Resident, Ryan, identified these exercises as his favorite, sharing “My biggest take away is being given the opportunity to have a direct impact on the internal development of Yeske Buie. That is not something you see at other companies and is just another reason why I enjoy working here!” Likewise, Victoria recognized that these exercises give her, “a clearer understanding of Dave and Elissa’s vision for the firm moving forward to the next decade and beyond.”

For others on the team, the most significant takeaways and appreciations for the retreat were “side effects” of the exercises themselves. Lauren M. noted, “My favorite part of the retreat was the team building that occurred as a result of the vulnerability, commitment, enthusiasm, and open-mindedness that every member of the team brought with them to the retreat.” With similar sentiments, Yusuf shared, “While the work to strengthen our team never ends, it was refreshing and encouraging to hear several members of the team appreciating how much they’ve learned from other members, irrespective of seniority or specialization.” Finally, two additional appreciations share how the retreat benefited staff members personally. Russell shared that, “Retreat is always a great opportunity to reorient myself and stay grounded,” while Dorothy said, “This past retreat felt special because of some of the personal challenges that I’ve been experiencing. Being part of the Yeske Buie family really provided a lot of emotional support.”

We hope you  enjoy the following photos from our week together!

The team kicked off the retreat with reflective song, a rejuvenating meditation, and a story telling exercise featuring our favorite quotes.

The team kicked off the retreat with reflective song, a rejuvenating meditation, and a story telling exercise featuring our favorite quotes.

After completing an exercise to determine our personal “One Thing” we could do that would make everything else easier, the team worked to identify “One Thing” we could do internally at Yeske Buie that would make everything else easier. We began this process by participating in a Knowledge Café exercise where we sat one-on-one which nearly every team member to brainstorm our ides.

After completing an exercise to determine our personal “One Thing” we could do that would make everything else easier, the team worked to identify “One Thing” we could do internally at Yeske Buie that would make everything else easier. We began this process by participating in a Knowledge Café exercise where we sat one-on-one which nearly every team member to brainstorm our ides.

The Knowledge Café exercise lead the team to a stimulating discussion about initiatives we can work on next year for overall company and individual development.

The Knowledge Café exercise lead the team to a stimulating discussion about initiatives we can work on next year for overall company and individual development.

To compliment the challenging retreat work, Elissa and Dave generously treated the staff to a delicious dinner and a stunning show…

To complement the challenging retreat work, Elissa and Dave generously treated the staff to a delicious dinner and a stunning show…

The entire team enjoyed a brilliant showing of the award-winning musical The Lion King at the Orpheum Theatre!

The entire team enjoyed a brilliant showing of the award-winning musical The Lion King at the Orpheum Theater!

Following the staff retreat, the team returned to the office for our Client Open House. Pictured here are Camille Bouvet, Russell Kroeger, and Yusuf Abugideiri just before the event began.

Following the staff retreat, the team returned to the office for our Client Open House. Pictured here are Camille Bouvet, Russell Kroeger, and Yusuf Abugideiri just before the event began.

This year’s event included appetizers from Chef Sean Andrade, several of Elissa and Dave’s favorite wines, live music by Bay Area Strings, and a collection of some of our Where in the World is the Live Big Glass? photos. The event was enjoyable for all and was a great way to end a successful staff retreat.

This year’s event included appetizers from Chef Sean Andrade, several of Elissa and Dave’s favorite wines, live music by Bay Area Strings, and a collection of some of our Where in the World is the Live Big Glass? photos. The event was enjoyable for all and was a great way to end a successful staff retreat.

An Accomplishment Deserving Acknowledgment

Firm News & Eventson December 1st, 2016No Comments

Bennedsen_9665Yeske Buie would like to recognize Zachary Bennedsen, Financial Planning Resident in our San Francisco office, for his recent success in passing the CFP® Exam! Zach dedicated hundreds of hours to studying for the exam, beginning his preparation in August and supplementing his book work with an intensive live review course in October. After having some time to reflect on his success, Zach said, “It feels great to have the weight of studying off my shoulders, and I am excited to have reached this milestone”.

This milestone is one of three requirements needed to earn the CERTIFIED FINANCIAL PLANNERTM designation. Zach fulfilled the education requirement this past May when he graduated from Virginia Tech’s CFP® Certification Education Track. With both of these requirements behind him, Zach will be focusing on the final experience requirement where he must obtain two years of supervised professional experience related to the financial planning process. As a Financial Planning Resident, Zach will fulfill this requirement by working directly with Clients, preparing financial plans and reviews and working in all aspects of financial planning from the discovery process through to implementation and ongoing support of Yeske Buie’s Clients’ Live Big® goals. Upon his graduation from our Financial Planning Resident Program, Zach will have the experience necessary to qualify to be a CFP® Licensee. In the meantime, Zach says, “After a quick victory lap, I hope to devote some of my newfound free time to other professional pursuits, as there is always more to learn.”

Learn more about what it takes to earn the CFP® Certification.


“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light, not our darkness that most frightens us. We ask ourselves, Who am I to be brilliant, gorgeous, talented, fabulous? Actually, who are you not to be? Your playing small does not serve the world. There is nothing enlightened about shrinking so that others won't feel insecure around you. We are all meant to shine. And as we let our own light shine, we unconsciously give others permission to do the same. As we are liberated from our own fear, our presence automatically liberates others.” ~Marianne Williamson