Center Team Unplugged

Big League Hits & the Importance of a Short Memory

Contributed by: Timothy Wyman, CFP®, JD Tim Wyman

Nothing screams springtime more than baseball. For most Michigan players – baseball is practiced indoors from November thru March most years so they are itching to get outside this time of year. That was true for my son Jack and his teammates at Albion College.  The Britons made their annual pilgrimage south to play ball during spring break.  My wife Jen and I decided to go cheer the team on near Orlando, FL for four days. I know, it’s a tough job – but hey it’s all for the kids!

Fortunately the weather was quite nice – I have the sunburn to prove it as usual. Jack’s team finished 5-2 with some exciting games in both victory & defeat. Jack’s first hit came in a reserve game where he legged out a triple after hitting to the left center fence.  Later in the week he got a few starts with the varsity squad collecting his first “big league” hit up the middle. Needless to say, we were excited and proud of him.  Currently Jack is playing first base and pitching as one of the team’s closers.  I think he would agree that he played well in the field – and that he’d like to forget his first pitching outing.  Fortunately, after many years of playing baseball, he learned the importance of having a short memory and went back to the ballpark the following day to compete.

Lessons of the Game

As many of you may recall, I coached youth baseball for several years (see Jack’s 10-year-old team – he’s the first row directly in the middle).

It’s fair to say I was quite passionate about it. I found the game of baseball, at least at the youth level, to be so much more than a little white ball.  It’s a game that provides many valuable life lessons. Sometimes you succeed – sometimes you don’t.  How you handle and deal with failure is more important than how you deal with success. The little things count in baseball that the casual observer overlooks or underappreciates; move a runner, throw to the correct base, know when to take a pitch, ah I could talk about it for days!

The old MasterCard commercials sum up our experience:

Flight = $350

Condo  = $200/night

Rental car = $70/day

Seeing your kid get his first collegiate hit in person = priceless

Opening Day for the big guys will be here soon.  For me, I will be spending my time following Albion. Welcome Spring!

Timothy Wyman, CFP®, JD is the Managing Partner and Financial Planner at Center for Financial Planning, Inc. and is a contributor to national media and publications such as Forbes and The Wall Street Journal and has appeared on Good Morning America Weekend Edition and WDIV Channel 4. A leader in his profession, Tim served on the National Board of Directors for the 28,000 member Financial Planning Association™ (FPA®), mentored many CFP® practitioners and is a frequent speaker to organizations and businesses on various financial planning topics.

Slightly Off-Center: Describe yourself in three words

Contributed by: Center for Financial Planning, Inc. The Center

There’s a lot you know about our team at The Center … but we’ve dug up answers to some questions you might have never thought to ask.

Authentic, engaged, competitive –Dan Boyce

Quirky, positive, problem-solver –Gerri Harmer

loving, outgoing and a little nuts –Jennifer Hackmann

Funny, hardworking and caring –Nick Defenthaler

Wise Words from the Women who Founded The Center

30 years ago, Marilyn Gunther and Estelle Wade, along with a select group of financial planning professionals, joined together to establish the Center for Financial Planning.  Back then financial planning was still an emerging profession. Marilyn Gunther and Estelle Wade were trailblazers who became influencers in a new, primarily male-dominated profession.  They took leadership roles in professional organizations with a commitment to strengthen the standards of financial planning practitioners and enhance the public’s understanding of the financial planning process.

Unwavering commitment to The Center values and a comprehensive financial planning foundation that were envisioned by Marilyn and Estelle in 1985 are still firmly anchored in our business today. In fact, if you visit our Founders’ conference room, you’ll find yourself surrounded by wise words from these two women:

“The art of financial planning is listening to clients with your eyes, your ears and your heart.” Marilyn Gunther

 “From the beginning we have strived to treat every client with respect and honesty while helping them meet their short-term and long-term financial goals.” –Estelle Wade

While Marilyn and Estelle have retired, they continue to serve as role models for women at The Center.  Today, their leadership torch has been passed on to three female partners Laurie Renchik, CFP®, Sandy Adams, CFP® and Melissa Joy, CFP®.  This March, in honor of Women’s History Month, we give a special word of thanks to Marilyn and Estelle. They created our workplace, they changed our profession, and they lead the way.

Laurie Renchik, CFP®, MBA is a Partner and Senior Financial Planner at Center for Financial Planning, Inc. In addition to working with women who are in the midst of a transition (career change, receiving an inheritance, losing a life partner, divorce or remarriage), Laurie works with clients who are planning for retirement. Laurie was named to the 2013 Five Star Wealth Managers list in Detroit Hour magazine, is a member of the Leadership Oakland Alumni Association and in addition to her frequent contributions to Money Centered, she manages and is a frequent contributor to Center Connections at The Center.


Five Star Award is based on advisor being credentialed as an investment advisory representative (IAR), a FINRA registered representative, a CPA or a licensed attorney, including education and professional designations, actively employed in the industry for five years, favorable regulatory and complaint history review, fulfillment of firm review based on internal firm standards, accepting new clients, one- and five-year client retention rates, non-institutional discretionary and/or non-discretionary client assets administered, number of client households served.

Slightly Off-Center: What is the worst advice you have ever been given?

Contributed by: Center for Financial Planning, Inc. The Center

There’s a lot you know about our team at The Center … but we’ve dug up answers to some questions you might have never thought to ask.

Anything about how to raise my child from those who have never had children –Angela Palacios

Pluck your own eyebrows –Jennifer Hackmann

To go into field or take a job that you don’t truly enjoy just for the paycheck – life is too short to not enjoy what you do every day – I’m very fortunate to wake up and know I’m in the profession I’m meant to be in –Nick Defenthaler

It’s not personal – just business. Hogwash - everything is personal. –Tim Wyman

Slightly Off-Center: Best advice anyone has given you?

Contributed by: Center for Financial Planning, Inc. The Center

There’s a lot you know about our team at The Center … but we’ve dug up answers to some questions you might have never thought to ask.

In between an action and my reaction lies a small moment of time.  In that moment, we have the capacity to choose our reaction.  It is in that space to choose that our ultimate freedom resides. –Dan Boyce

Everything is figure-out-able ~ Marie Forleo –Gerri Harmer

Trust your gut –Jaclyn Jackson

Treat others as you would like to be treated –Jennifer Hackmann

If you don’t have anything nice to say, don’t say anything at all –Jennie Bauder

Be open to change –Laurie Renchik

Nothing can take the place of persistence –Melissa Joy

Treat others right, work hard, love selflessly, have faith in God and everything else in life will fall into place –Nick Defenthaler

Be the best you that you can be. –Sandy Adams

Be yourself because everyone else is taken –Melissa Parkins

Slightly Off-Center: Craziest thing you have ever done?

Contributed by: Center for Financial Planning, Inc.

There’s a lot you know about our team at The Center … but we’ve dug up answers to some questions you might have never thought to ask.

Sold everything and moved to Germany for 3 years –Angela Palacios

Never thought I would get a tattoo –Jennifer Hackmann

Maybe not craziest – but crazy/fun:   Drove to Jackson, WY from MI with the convertible top down the entire way.  It got scorching hot in the Badlands. –Laurie Renchik

White water rafting –Nancy Sechrist

Skydiving!  I went a few years back with my wife and some friends for my birthday – hands down the coolest experience of my life that I will probably never do again…once was enough for me! –Nick Defenthaler

Zip lining in Mexico – not so crazy, but it was for me! –Sandy Adams

Jumped off a cliff in Jamaica – it was about a 30 foot jump (and the water below was so crystal clear it was hard to believe it was deep enough!) –Melissa Parkins

Slightly Off-Center: Nicknames?

There’s a lot you know about our team at The Center … but we’ve dug up answers to some questions you might have never thought to ask.

 
 

Mandi (with and “i” and never with a “y”) –Amanda Toia

Jackie –Jaclyn Jackson

JenJen, SuperJen, Winnie –Jennie Bauder

Nanoo – don’t laugh! –Nancy Sechrist

My last name is so long my hockey buddies usually refer to me as “Def” –Nick Defenthaler

Sandman, Sandwich, Sandra Dee, Sandruska Shorty (an on-going joke with my grandfather when I was a kid, and the list goes on and on. –Sandy Adams

Center Team Improves Improv Skills

For some, public speaking and acting in front of groups comes naturally. But imagine you aren’t one of those people. The mere thought of performing in public is traumatic. Your stomach churns if someone suggests you give a presentation. That’s where Karen Bell-Brege of Improv You comes in.

Improv isn’t about just getting people out of their shells. It can be a mind-opening, learning experience. That’s what Partner Tim Wyman had in mind when he sprung a surprise improv workshop on us. Tim had given us only had two clues. Block out 2 hours from your afternoon and don’t wear heels. Here’s what happened:

Uploaded by CenterFinPlan on 2015-01-22.

The First Rule of Improv

We learned a lot from our crash course in improv. When it comes to improvisation, rule #1 is “Yes, and….” That’s the idea that anyone’s contribution to the group is accepted without judgment says Linda Flanagan who writes about improv’s impact on learning. We put that lesson to work in our office. Through the afternoon, we tried to stay open to anything and everything our co-workers contributed. It helped some of us to overcome the fear of making mistakes. We found that when we got categorical support for everything we did, our confidence grew with each new improv challenge.

Improv’s Educational Value

The techniques of improv are being used in many different ways, according to Flanagan. It helps kids with learning and physical disabilities develop a sense of play and trains budding scientists to develop critical emotional detachment. Graduate students at The Alan Alda Center for Communicating Science at Stony Brook University can even sign up for a course in improv. Beyond helping us let go of our mistake-making fears, improv can also:

  • Hone communication and public speaking skills
  • Stimulate fast thinking and engagement with ideas
  • Chip away at mental barriers that block creative thinking

After 2 hours on our feet, letting go of our inhibitions, Bell-Brege said we exceeded the expectations she had for a bunch of financial advisers. And we walked away with some valuable insight to improve both our personal and professional lives.


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Slightly Off-Center: What can you simply not resist?

There’s a lot you know about our team at The Center … but we’ve dug up answers to some questions you might have never thought to ask.

 
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Sweets especially Chocolate cake –Angela Palacios

Coca Cola –Amanda Toia

My kids’ faces when they smile –Gerri Harmer

Listening to good music –Jaclyn Jackson

Warm Showers –Jennifer Hackmann

Chocolate chip cookies –Jennie Bauder

Baked by Melissa Cupcakes from NYC –Kali Hassinger

A bowl of popcorn drizzled with butter and finished off with a touch of salt –Laurie Renchik

Cheesecake –Matt Trujillo

It’s a good thing I don’t live in Texas where I was born b/c I love Whataburger. Yummy. –Melissa Joy

Junk food and Mexican!  If it’s in the house, it won’t be there for long… -Nick Defenthaler