What is the FPA NexGen Gathering?

It's not filled with vendors, PowerPoint presentations and lots of old white men wearing blue shirts
AUG 19, 2014
I attended a financial planning conference this past weekend, but it wasn't what you might imagine a conference to be. Most conferences are held in big cities, at fancy-schmancy convention centers with overpriced hotels attached to them. They are filled with vendors, PowerPoint presentations and lots of old white men wearing blue shirts. (I'm not sure why “blue” is the official color of men in financial planning, but it is). I am generally one of the youngest people at these conferences by about 15 years. Sometimes I can find a group of other people in their 20s and 30s and then we end up sitting together, which can only look like “the kids' table” to the baby boomers in the room. But NexGen was a totally different experience. The Financial Planning Association's NexGen Gathering was a conference for planners under 36. This year there were about 60 attendees, almost double from last year. It was held at Augustana College in Moline, Ill. There were only a few presentations for CE credit and the rest of the time we sat “in circle” and shared. It was a time for young planners to connect personally, professionally and intellectually as we discussed what's at the top of our minds. One of the unique things about the gathering is that the group decides the agenda once we get there, creating a different experience each year. This year we broke into groups to discuss succession planning, launching our own firms, overcoming fear, our favorite technology tools and much more. In the evenings, we hung out together. Whether it's going to a local minor league baseball game together or coordinating our own game of touch football (yes, I played!), we spent a lot of time laughing and talking (and of course, adult beverages were added to the mix). It was a time to connect with other financial planners who get our world, share our struggles and have an unbelievable excitement for the future of this profession. The FPA NexGen Gathering happens every summer, but there are more and more local NexGen groups that are starting across the country within FPA. If you're a young planner who feels like you've been missing out on connecting with others like you, I encourage you to attend a NexGen event. I can guarantee that you'll make new friends who will affect your life for years to come. Sophia Bera is a financial planner and for Millennials and founder of Gen Y Planning She works virtually with clients in their 20s and 30s across the country.

Latest News

SEC bars ex-broker who sold clients phony private equity fund
SEC bars ex-broker who sold clients phony private equity fund

Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.

The key to attracting and retaining the next generation of advisors? Client-focused training
The key to attracting and retaining the next generation of advisors? Client-focused training

From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.

Chuck Roberts, ex-star at Stifel, barred from the securities industry
Chuck Roberts, ex-star at Stifel, barred from the securities industry

"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.

SEC to weigh ‘innovation exception’ tied to crypto, Atkins says
SEC to weigh ‘innovation exception’ tied to crypto, Atkins says

Chair also praised the passage of stablecoin legislation this week.

Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest
Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest

Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.