TMCnet News
Innovative Portfolios Offers Continuing Education to Philadelphia FPAINDIANAPOLIS, June 12, 2019 /PRNewswire/ -- Director of Investments Jim Murphy, CFP,® CAIA, was the speaker for Innovative Portfolios at the Philadelphia Financial Planning Association® (FPA®) Annual Symposium in May, 2019. Murphy's topic, Using Options for Financial Planning Solutions, focused on common investment planning issues and the potential to address them through options income and protection strategies. Benjamin Franklin said, "An investment in knowledge pays the best interest." By sponsoring FPA chapters, Innovative Portfolios helps educate and support financial planners and investment advisors in offering clients potential for alternate sources of income. This presentation gave financial planners CE credit regarding applicaton of equity option strategies to help manage investment planning issues—"at-risk" portfolios needing rebalanced asset allocation, idle portfolios with low cost basis stocks, and portfolios with a concentrated position. Emphasizing the difference between risk and volatility, and between historic and implied volatility, Murphy illustrated examples in which option overlays incorporated volatility as an asset allocation through:
Benefits and risks of the strategies were discussed to ensure understanding of the potential for each approach. Jim Murphy, Director of Investments for Innovative Portfolios, is a 25-plus year veteran in the financial industry. At Innovative Portfolios, he assists with the integration of option-based strategies and oversees business development. Murphy is based in Scottsdale, Arizona. Innovative Portfolios is headquartered in Indianapolis, Indiana. About Innovative Portfolios, LLC: About The Financial Planning Association (FPA) View original content to download multimedia:http://www.prnewswire.com/news-releases/innovative-portfolios-offers-continuing-education-to-philadelphia-fpa-300866745.html SOURCE Innovative Portfolios |