We are fortunate to have another new host this month… Wells Fargo Advisors.  Many of you already know Brendan Roden who hosted a couple meetings several years ago with another company. 

We will have two speakers who will speak on Interest Rate and FX Risk Management for Companies, and Professional Services/Business Tax mitigation with Cash Balance Plans. 

Date: Wednesday, May 14, 2025

Time: 6:00 pm to 8:00 pm

Place: Wells Fargo Advisors

3105 Glenwood Ave Suite 201

Raleigh, NC 27612

Host: Wells Fargo Advisors 

Many thanks to Brendan Rodden for hosting our event. 

Topic: Interest Rate and FX Risk Management for Companies, and Professional Services/Business Tax mitigation with Cash Balance Plans

John Wyatt will cover how to manage interest rate risk and FX for all size companies. The speaker will discuss identifying and measuring exposure, developing and implementing strategies to mitigate risk, and ongoing monitoring of interest rate risk and FX risk. Successfully understanding these principles can potentially ensure protecting profits by minimizing losses from currency fluctuations and stabilizing cash flows helps protect profit margins. Also, improving financial planning and forecasting by predictability in financial planning and budgeting is enhanced by interest and FX risk management. Most importantly interest and FX risk management can support the overall financial health of the company and enhance the value of the company. With more than 15 years of experience in commercial interest rate risk mitigation and FX solutions John will provide insight into the different ways companies manage these problems successfully. 

Andrew Sessions is an expert in the corporate retirement planning industry, with over a decade of experience working with business owners to build and maintain a retirement plan benefit.  With experience as a financial advisor and a consultant, Andrew currently serves the industry with FuturePlan by Ascensus, the nation’s largest Third-Party Administrator.   Andrew and his team specialize in implementing and administering 401(k), 403(b), Cash Balance, Defined Benefit, and Non-Qualified Retirement Plan options. Cash balance plans are becoming an increasingly appealing retirement savings option for health care professionals, legal professionals, and other business owners seeking to catch up on retirement savings or even accelerate their retirement timeline if it makes sense based on their circumstances. Using a cash balance plan can potentially reduce taxes by tens of thousands of dollars per year by deferring them to the future upon retirement. 

Speakers:

John Wyatt

Executive Director, Commercial Rates & FX Solutions

John Wyatt is an Executive Director with the Commercial Rates & FX Solutions group and is based in Charlotte, N.C. He joined the bank in 2006 and has over fifteen years of Capital Markets experience.

John is currently responsible for marketing and structuring interest rate risk management solutions for commercial clients in North & South Carolina. Previous roles include covering

commercial clients across the Central US covering twenty states ranging from Ohio to Montana and Louisiana to New Mexico; prior to Central US coverage, John worked with institutional

clients to implement customer hedging programs and manage balance sheet risk.

John obtained a B.S. degree in business administration from the University of North Carolina at Chapel Hill.

Andrew Sessions

Andrew Sessions with Ascensus on tax mitigation strategies for professionals with Cash Balance plans.

Today's guest speaker is Andrew Sessions.  Andrew is an expert in the corporate retirement planning industry, with over a decade of experience working with business owners to build and maintain a retirement plan benefit.  With experience as a financial advisor and a consultant, Andrew currently serves the industry with FuturePlan, the nation’s largest Third-Party Administrator.    Andrew and his team specialize in implementing and administering 401(k), 403(b), Cash Balance, Defined Benefit, and Non-Qualified Retirement Plan options. Andrew currently lives in the Matthews, NC area with his wife and son, born earlier this year.

Driving Directions: 

From RDU Airport

• Head northeast on John Brantley Blvd. Go for 0.3 mi. 
• Turn right onto W International Dr toward Parking Ride 4/North Cargo/General Aviation. Go for 0.4 mi.
• Turn right onto N Ramp Dr toward Express Parking/Economy Parking/General Aviation. Go for 0.1 mi.
• Continue on E International Dr. Go for 1.1 mi.
• Continue on Commerce Blvd toward Airport Exit/I-540/US-70. Go for 0.5 mi.
• Turn right onto Lumley Rd toward US-70. Go for 0.4 mi.
• Turn right onto Glenwood Ave. Go for 0.2 mi.
• Take ramp onto Glenwood Ave (US-70 E). Go for 8.0 mi.
• 3105 Glenwood Ave Suite 201, Raleigh, NC 27612 on the left
• The last intersection before your destination is Vick Ave

From US-1 and I-440 on the north side of Raleigh 

• Take the ramp on the right for US-1 South / I-440 West and head toward Sanford - 4.3 mi
• At Exit 7A, head on the ramp right & follow signs for NC-50 South / US-70 East - 210 ft
• Bear right toward Glenwood Ave - 0.2 mi
• Keep straight to get onto US-70 E / NC-50 / Glenwood Ave - 0.9 mi
• Arrive at US-70 E / NC-50 / Glenwood Ave
• 3105 Glenwood Ave Suite 201, Raleigh, NC 27612 on the left
• The last intersection before your destination is Vick Ave