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Practice Matrix Stages

Stage #1 Beginner - Starts with the business idea and ends when your income exceeds your expenses.

Stage #2  Operational/Early Profitability - Starts when you are making a profit, ends when you become self-supporting.
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Goals/Values Exercise

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ACA

Alliance of Cambridge Advisors
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Financial Focus

Quarterly ACA newsletter, produced by the Newsletter PAT, designed to communicate financial planning topics to clients and prospective clients of ACA members. This is a great marketing/high touch tool
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10 Factors Affecting Our ...

1.  How much you earn (singles most important factor)
2.  Wise shopping and spending
3.  How much you save in permanent savings (not "in and out" savings)
4.  Your tax burden
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D2 Leveraged/Margined

A block on the Pyramid comprised of investments purchased using leverage or margin methods
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5 Fundamentals of Fiscal ...

These concepts serve as the foundation for achieving financial independence
  1. Save 10% of your annual income,
  2. Have sufficient liquidity
  3. Fully fund your pensions
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Test term 1

Testing the difference between adding a word or phrase and requesting a definition.
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B4 International/Gold

A block on the Pyramid comprised of international or global mutual funds and/or gold coins or buillion
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E1 Venture Capital

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D1 General Partnership

A block on the Pyramid comprised of general partnerships other than a real estate investment partnerships.
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CPA/PFS

Certified Public Accountant designation granted by the American Institute of Certified Public Accountants after the completion of a comprehensive exam and educational requirements. PFS is a specialized
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CFP

Certified Financial Planner designation awarded by the CFP Board of Standards after the completion of a pre-approved financial planning education program, experience and passing a comprehensive exam.
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Suggested Funds List

A list of no-load mutual funds & ETFs that have been screened by the SFL PAT. It's a great starting point for making investment decisions. (Formerly known as the Directed Portfolio.)
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Virtual Classroom

A learning environment made up of conference calls and web conferences designed to supplement and reinforce the self-study programs
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C3 Common Stock

A block on the Pyramid comprised of individual company stocks.
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C2 Business/Collectibles

A block on the Pyramid comprised of the value of private businesses, antiques and/or collectibles.
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C1 Nonproductive Property

A block on the Pyramid comprised of any real estate property that is not income producing (vacant land, vacation homes etc).
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Bridge Line

Teleconferencing line for up to 99 participants. Calls can be recorded and downloaded at no addiitonal cost. ACA members or groups can be set up with their own Access code for their own 24/7 bridge li
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Bond Ladder

An ACA tool that is allows advisors to calculate the approximate cost of building a client's bond ladder using stripped treasuries. Part of the ACA Toolkit.
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