March 4th
Today’s speaker was Ellen Siegel has been a financial planner and a financial educator for over three decades. She is a fee-based Certified Financial Planner practitioner, a Chartered Financial Consultant and a Chartered Life Underwriter. Ellen served on the national committee creating the questions for the credentialing exam for the CFP designation. She also served as an adjunct faculty member at the University of Miami for 10 years.
She holds a Master’s Degree from Goddard College. She is also an enthusiastic outdoors lover, and she is an active volunteer park ranger for the Everglades National Park, leading canoe and hiking adventures for adults and children.
Ellen is the oldest of five kids, so she is very good at telling people what to do and how to do it. She has been a girl scout for 57 years! A little trivia about Ellen: she speaks Morse code at 60 words per minute!
Ellen has always been motivated by love, and doing good, and socializing. Many years ago, she had a friend that had a lot of assets and she had not inherited anything. So Ellen started thinking how could that be? She then realized that this woman that was financially well off had different behaviors. She then decided to enter the financial world and express her social impulses as a volunteer. She entered the insurance world in 1980. It was an excellent profession for people who had skills and loved flexibility. She needed to help herself, so she decided that she would go into the field to learn.
The feather that she brought with her represents the wood stork, a role model for financial planning. It’s an endangered bird here in South Florida. It needs very specific levels of water to feed. It comes to Florida in the fall to see if the water levels are good enough until April to feed its young. The wood stork cannot fish with high levels of water, and if they are too low, there will not be enough fish. It does not nest if it does not have enough resources to feed its family. Ellen admires that and also their hard work to raise their young. Both parents cooperate when they nest and fly 60 miles each way to catch fish. So the feather is a reminder that financial planning is about what you want to do, what it will take to do it, and if you are willing to do what it will take to do.
Certified Financial Planners are not Stockbrokers. Certified Planners come to the field from all sorts of directions. Ellen understands what motivates people around money. Ellen finds out what makes you happy, what makes you tick, what your needs are, and then she works with 159 models to find the right product for you.
Thanks Ellen for all the useful information!
We had no winner for the jackpot! The jackpot was $150, and 45 cards for left week. Keep playing next week! We had a newsletter winner: James Carter. Congratulations! This week’s newsletter winner could be #13, but only if you contact Eli if you are the winner.