Experts Advise Alumni and Friends

September 18, 2009

A group of St. John’s University alumni and friends proved that education does not end after graduation. More than 60 members of The McCallen Society (one of the University’s premier giving societies), alumni and friends gathered at the Immaculate Conception Center of Douglaston for a workshop entitled, Meet the Experts: Financial and Estate Planning in a Time of Financial Crisis on Thursday, September 17, 2009.

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The group met for a full breakfast followed by a panel discussion, question-and-answer period and round table advising where attendees obtained free counsel in a one-on-one setting.  Alumni and friends of all ages came to continue their education and get tips from professionals on the best ways to manage their finances for the future.

“This is a great opportunity to learn about how to keep your finances in order and how to plan very carefully, especially in light of the economy,” said Patrick McGuire '84C. “If we work hard for our money, we might as well have a say in how we want to allocate it.”

Glen Shane '63CBA, who attended the workshop last year, gained a better understanding of the tools that are available to him and preparation for the unexpected. “As you get older you must stay on top of this information,” he shared. “You need that knowledge so when something happens you can be proactive and deal with it.”

The eight experts, John P. Clarke '55CBA, '57L, Frank E. Riggio '80CBA, John J. Fleming '68C, '72MBA, Mary P. Giordano '81L, James J. McTiernan '80CBA, Laura Lee Mannino, Michael J. Maye '87CBA and Gerard M. Wrynn '85CBA, '87L are successful professionals in various disciplines within the financial planning industry. During the course of the morning, they delved into case studies and touched on topics which included retirement funding, wills, trusts and taking care of heirs with special needs.

They were pleased to lend their expertise to members of the St. John’s community. Panel co-moderator Clarke highlighted the importance of planning ahead.  “So many people think about it, talk about it, and unfortunately time flies by and all of a sudden it’s too late,” he cautioned. “Everybody should, whether they have a lot of money or a little money, think about planning.”

The annual seminar, sponsored by the Office of Gift Planning, was extremely successful and garnered praise from attendees who were impressed with the relevance of the day’s topic and the presenters’ knowledge.

“These are the experts and they really captured in a nutshell the issues that take us hours to try and sift through,” said April Merenda '75SVC. “I came last year, this year was even better and I’m going to come next year!”