Join us for an overview of PR Tax Incentives for the Financial Services Industry and what to expect for the upcoming tax season in PR. Our discussion will be led by Juan Carlos Stolberg – Partner at Stolberg Law, LLC, and Paola Medina Prieto - CPA, corporate/tax attorney and notary public.

Light snacks and beverages will be available for in-person attendees

Date:   March 5, 2024 (Tuesday)

Time: 6:00pm-8:00pm (in-person)

Time: 6:30pm-7:30pm (webcast speaker portion)

Place: Base Cowork

            1666 Avenida Juan Ponce de Leon

            San Juan

            Parking is available near the building

Cost:   Members – in-person - $10

              Non-Members - $20

           Students – $5

            Webcast - $10

For tickets:           

https://www.eventbrite.com/e/overview-of-pr-tax-incentives-for-the-financial-services-industry-and-the-u-tickets-849602161937?aff=oddtdtcreator

Juan Carlos Stolberg Biography 

Juan Carlos Stolberg is a corporate and transactional attorney and partner at Stolberg Law, LLC with experience in mergers and acquisitions, private equity, venture capital, startup law, real estate and hospitality law, tax incentives, art law, and general corporate matters.

In addition to his legal practice, Mr. Stolberg owns and operates a residential and commercial real estate conglomerate in San Juan, Puerto Rico, where he has coordinated and carried out conversions and other turnaround strategies to maximize asset appreciation.

In October of 2013, Juan Carlos co-founded Piloto 151, San Juan’s first co-working space, dedicated to the strengthening of the entrepreneurial and startup ecosystem in Puerto Rico via educational workshops, industry seminars, networking events, exchange programs and other collaborative initiatives.

Paola Medina Prieto Biography

Attorney Medina Prieto has been a tax practitioner for the past 10 years. She began her career at O’Neill & Borges LLC, where she worked as an associate in the corporate department. She later delved into the in-house counsel realm, where she was the director of legal affairs of a local technology startup, in which she set up the corporate and tax structure, designed complex

LLC Operating Agreements and other documents for raising capital, while managing vendor, employment, and intellectual property matters.

 She currently has her own corporate and tax structuring practice for various industries in Puerto Rico. Her main practice areas involve corporate matters and governance, including setting up new businesses, designing their corporate and tax structures in order to request the most appropriate tax benefits, handling regulatory and compliance matters, mergers & acquisitions, government affairs, real estate, and commercial lending.

 Attorney Medina Prieto is Treasurer and Member of the Board of Directors, Proyecto Matria, and a Member of the Board of Directors, Tax Incentives Association Inc.

 She earned a Juris Doctor degree from University of Puerto Rico, RP, Magna Cum Laude, where she was Editor in Chief, UPR Business Law Journal Editorial Board. She earned a BBA from University of Puerto Rico, RP, Summa Cum Laude

The Financial Analysts’ Society of Puerto Rico invites you to join us for our next in-person event. We are holding a Happy Hour on Wednesday, December 6th from 5:00pm to 7:00pm at Graziani Restaurante in Santurce.  The entire restaurant is reserved for our group, so we’ll have plenty of space. Please bring along friends and colleagues to join us. This will be another great opportunity to reconnect with familiar colleagues and meet new ones.

As usual, we will update you on upcoming FASPR programs and events at the Happy Hour. This will be an unsubsidized event (pay for your own food and drinks). Please bring along anyone who might be interested in joining FASPR. And if you have not already done so, please renew become a member or renew you FASPR membership at FASPR.org

Date:   December 6, 2023 (Wednesday)

Time: 5:00pm-7:00pm

Place: Change of Venue – we are now holding the event at:

           Graziani Restaurante

           811 Calle Cerra

           Santurce, PR 00907

Join us for a discussion with Sergio Marxuach, Policy Director and General Counsel at the Center for a New Economy, about the Puerto Rico Economy and the Impact of Federal Funding on Healthcare

Sergio M. Marxuach is the Policy Director and General Counsel at the Center for a New Economy, a non-profit, non-partisan think tank. Prior to joining the Center, Mr. Marxuach served as Deputy Secretary of Commerce and Economic Development for the Commonwealth of Puerto Rico and as Special Assistant to the executive director of the Commonwealth’s Office of Management and Budget.

Before joining the Commonwealth government, he was an associate for five years in the New York City law firm of Curtis, Mallet-Prevost, Colt & Mosle LLP, where he worked mostly in Latin American transactions and international corporate matters, structuring cross-border capital market transactions, and arranging vendor financing and syndicated credit facilities for U.S. multinational firms.

His work at CNE has been cited in The New York Times, The Wall Street Journal, The Washington Post, and The Economist, among other prestigious publications. Mr. Marxuach has also been invited to testify before several Congressional committees and to brief committee staff members as well as U.S. executive branch officials on matters related to Puerto Rico’s economy and fiscal situation.

Mr. Marxuach has a B.A. in Economics and Political Science from Yale University, where he was awarded the Henry Edwards Ellsworth Prize for his Senior Essay. He also obtained a Juris Doctor degree from the Georgetown University Law Center and a Master of Science in Foreign Service from the Graduate School of Foreign Service at Georgetown University.

Date:   April 27 2022 (Thursday)

Time: 5:00pm-7:00pm (in-person)

Time: 5:30pm-6:30pm (Speaker/webcast portion)

Place: Base Cowork

            1666 Avenida Juan Ponce de Leon

            San Juan

            Parking is available near the building

Cost:   Members – in-person - $12

              Non-Members - $22

           Students – Free

            Webcast - $12

For tickets:            

https://www.eventbrite.com/e/sergio-marxuach-the-puerto-rico-economy-and-the-impact-of-federal-funding-tickets-619151347347

The Financial Analysts’ Society of Puerto Rico invites you to join us for our next in-person event. We are holding a Happy Hour on Wednesday, March 22nd from 5:00pm to 7:00pm at Tinto y Blanco in Hato Rey. This will be another great opportunity to reconnect with familiar colleagues and meet new ones.

We will update you on upcoming FASPR programs and events at the Happy Hour. This will be an unsubsidized event (pay for your own food and drinks). Please bring along anyone who might be interested in joining FASPR.

Date:   March 22, 2023 (Wednesday)

Time: 5:00pm-7:00pm

Place: Tinto y Blanco

            204 Avenida Luis Munoz Marin

            San Juan

            Across the street from Popular Center

Preliminary Round of the 2023 CFA Ethics Challenge Hosted by FASPR. This competition will feature teams from UPR Mayaguez competing against each other in the at 3:00pm in the afternoon, followed by teams from UPR Rio Piedras competing against each other at 5:00pm. Two teams from each university will advance to the Finals on February 23rd.

Join us for a discussion with Ignacio Alvarez, President and CEO of Popular, Inc., about the current state of the Puerto Rico economy and the post-FOMB, post-Maria outlook

Ignacio Alvarez is President and Chief Executive Officer of Popular, Inc. Popular, Inc. is the leading financial institution in Puerto Rico with operations in the mainland United States and the Virgin Islands and ranks among the top 50 bank holding companies in the United States. Ignacio and his team are responsible for more than $62 billion in assets, 8,500 employees and 1.86 million clients. He previously served as President and Chief Operating Officer from 2014 to 2017 and as Chief Legal Officer from 2010 to 2014.

He has successfully led the execution of corporate and business strategies delivering positive results in Popular’s Puerto Rico business despite challenging conditions and overseeing the repositioning of our operations in the United States. Ignacio has also guided initiatives to expand digital reach and capabilities, implement corporate initiatives in the areas of leadership development and diversity and inclusion, while progressing on building a culture of productive risk management.

Prior to joining Popular, Alvarez was one of the founding partners of Pietrantoni Mendez & Alvarez LLP, a premier law firm in Puerto Rico. He specialized in corporate and banking law and was vital in the firm’s success for 18 years.

Alvarez graduated Magna Cum Laude from Georgetown University in 1980 and studied law at the Harvard Law School, graduating Cum Laude in 1983. In that same year, he was admitted to practice law in Florida and the Commonwealth of Puerto Rico. He serves on the Board of Directors of Endeavor Puerto Rico, Fundación Banco Popular, and Popular Bank Foundation. Alvarez also is a member of ABA's Government Relations Council and the president of the Puerto Rico's Bank Association.

The Financial Analysts’ Society of Puerto Rico invites you to join us for our next in-person event. We are holding a Happy Hour on Wednesday, October 12th from 5:00pm to 7:00pm at Graziani Restaurant in Santurce. This will be a great opportunity to reconnect with familiar colleagues and meet new ones.

We will update you on upcoming FASPR programs and events at the Happy Hour. This will be an unsubsidized event (pay for your own food and drinks). We will be sending out requests for membership dues and renewals soon.    

Date:   October 12, 2022 (Wednesday)

Time: 5:00pm-7:00pm

Place: Graziani Restaurant

            811 Calle Cerra

            Santurce

            Pay parking is available across the street from the restaurant. Free on-street parking is available, but hard to find.

Join us for a talk with Manuel Cidre – Secretary of the Puerto Rico Department of Economic Development and Commerce

Note Changed Date

We will discuss the state of the Puerto Rico economy. economic development efforts, the tax incentives intended to attract new businesses to the island, and other efforts to improve the competitive position of Puerto Rico.

This will be an in-person event that will also be available as a webcast. The in-person event will be held at Base Co-Work in Santurce beginning at 5:00pm AT. The webcast will begin 30 minutes later at 5:30pm AT

For tickets:         

https://www.eventbrite.com/e/manuel-cidre-economic-development-tax-incentives-and-the-outlook-for-pr-tickets-404158738667

The Financial Analysts’ Society of Puerto Rico invites you to join us for our next in-person event. We are holding a Happy Hour on Wednesday, July 13th from 5:00pm to 7:00pm at Tinto y Blanco in Hato Rey. This will be a great opportunity to reconnect with familiar colleagues and meet new ones.

We will update you on upcoming FASPR programs and events at the Happy Hour. This will be an unsubsidized event (pay for your own food and drinks). We will be sending out requests for membership dues and renewals soon.    

Date:   July 13, 2022 (Wednesday)

Time: 5:00pm-7:00pm

Place: Tinto y Blanco

            204 Avenida Luis Munoz Marin

            San Juan

            Across the street from Popular Center

Due to the strong ties the speaker has to Puerto Rico, the CFA Society Chicago has graciously offered to provide member pricing to this event for members of the Puerto Rico Financial Analysts’ Society.

The private equity industry set records in 2021. On March 10th our Distinguished Speaker Series Advisory Group welcomes Orlando Bravo, Founder and Managing Partner of Thoma Bravo. One of the largest private equity firms in the world, Thoma Bravo closed six take private deals last year alone, including cybersecurity company Proofpoint for $12.3 billion dollars – the largest private equity deal in software history.

The company, also one of the largest and most active equity investors in crypto infrastructure and Web3 development, has made investments in FTX, Anchorage and most recently in Figment – one of the world’s largest blockchain infrastructure and services providers.

Join us by webcast to hear Bravo discuss the company’s recent announced transactions along with his insight into the industry. As a technology focused private equity firm, what are the themes they are seeing? What about Web3 and the future of cryptocurrency? What are the current challenges and risks? Bravo will share his observations on these topics and much more!

Distinguished Speaker Series: Orlando Bravo

Thursday, March 10, 2022

12:00 PM – 1:00 PM CST

2:00 PM - 3:00 PM AST

Full Event Information - https://members.cfachicago.org/CFAC/Event_Display.aspx?EventKey=031022

Webcast: Members - $20 / Nonmembers - $40

2022 presents a series of ongoing uncertainties for investors to navigate. Shocks include the rolling virus progression, related supply chain issues, sticky inflation, and a rapidly shifting Fed narrative. As the year progresses Washington along with the mid-term elections will become a focus as well. Flexibility and not remaining anchored to a rigid view will be as important as ever for investors in the year ahead. Cyclicals vs Defensives is our basic stance, but we will look to discuss the potential rising risks that could impact that view. Sector, industry, and factor considerations throughout a host of scenarios will be considered.

Dennis DeBusschere is President of 22V Research and chief market strategist. Prior to helping found 22V Research, he began his career in sales at Merrill Lynch. Dennis then went on to head Evercore ISI’s Portfolio Strategy Research and Quantitative Research teams and sit on the firm’s Investment Policy Committee. Dennis has consistently been one of the top-ranked portfolio strategists in the Institutional Investor’s annual poll. His daily market note covers major macro and micro events, analyzing their tactical/short term impact on markets as well as their implications for longer term market themes. Dennis graduated from University of Delaware in 1999 with a dual major in political science and economics.

Register to attend through Eventbrite at:

https://www.eventbrite.com/e/portfolio-management-in-the-face-of-unrelenting-shocks-tickets-258215438327?keep_tld=1

Mark your calendar for this event. Harry Markopolos is a Certified Fraud Examiner and Forensic Accounting & Financial Mathematics Consultant. He is best known for his work exposing the Bernie Madoff fraud and his book “No One Would Listen: A True Financial Thriller.” Mr. Markopolos will provide us with a talk covering a wide range of different financial frauds where the company’s financial statements were nothing but fiction. More importantly he will provide us with a checklist of due diligence procedures that can be used to screen out companies where there are red flags.

Event details and ticket sales for our upcoming event featuring Harry Markopolos are now available at:

https://www.eventbrite.com/e/harry-markopolos-combining-ethics-due-diligence-security-selection-fo-tickets-180347884377

The Financial Analysts’ Society of Puerto Rico invites you to join us for an in-person speaker event.

Speakers:

Omara Méndez Bernard – Corporate Counsel & Member - Pirillo Law

Natalia Zequeira - Commissioner of Financial Institutions

Topic:

What you should know about investment regulations in Puerto Rico.

Light snacks and beverages will be available

Date: September 15, 2021 (Wednesday)

Time: 5:00pm-7:00pm

Place: Spece Coworking Space

1225 Avenida Juan Ponce de Leon (VIG Tower Building)

Penthouse

San Juan

Parking is available in the building

Cost: Members - $10

Non-Members - $20

Students - Free

For tickets:

https://www.eventbrite.com/e/what-you-should-know-about-investment-regulations-in-puerto-rico-tickets-170307298715

The Financial Analysts’ Society of Puerto Rico invites you to join us for our first in-person event. We are holding a Happy Hour on July 13th from 5:00pm to 7:00pm at Tinto y Blanco in Hato Rey. After 15 months of social distancing, this will be a great opportunity to meet fellow CFA charter holders and to help further our efforts to gain CFA Institute recognition of a local CFA Society in Puerto Rico.

Please spread the word to other CFA charter holders or anyone interested in the CFA program. Let us know if you plan to attend.

Date:   July 13, 2021 (Tuesday)

Time: 5:00pm-7:00pm     

Place: Tinto y Blanco

            204 Avenida Luis Munoz Marin

            San Juan

            Across the street from Popular Center

Join us for a talk with Robert Hagstrom. Fresh from the Berkshire Hathaway annual meeting, Mr. Hagstrom will discuss discuss his latest book:

Warren Buffett: Inside the Ultimate Money Mind

Registration for the event is available at:

https://www.eventbrite.com/e/understanding-the-building-blocks-of-warren-buffetts-money-mind-tickets-153151427041

The Challenges Facing Puerto Rico

With

JASON BRAM

Tuesday, January 12th, 4:00 - 5:00 PM

Please join us Tuesday, January 12th, 4 pm AT for a special virtual event with Jason Bram.

https://www.eventbrite.com/e/the-challenges-facing-puerto-rico-with-jason-bram-of-the-frb-of-new-york-tickets-135592044455?aff=ebdssbonlinesearch

Mr. Bram is a Research Officer in the Federal Reserve Bank of New York's Regional Analysis Function. His research and analysis focuses on the U.S. economy, with a primary emphasis on the Federal Reserve's Second District, which includes New York State, northern New Jersey, and southwestern Connecticut, as well as Puerto Rico and the U.S. Virgin Islands. He produces the regional Beige Book reports, and uses monthly business surveys to monitor and analyze current and emerging economic trends and issues of concern.

Some of Mr. Bram’s recent articles in the New York Federal Reserve Bank’s publication “Liberty Street Economics” include studies of impacts of Hurricane Maria on the Puerto Rico and Virgin Island economies and the different paths these territories have taken since the hurricane.

Mr. Bram will share his thoughts on:

·       The economic fallout from the COVID pandemic on Puerto Rico—not only in magnitude but in certain key sectors and geographically within Puerto Rico. Also, a comparison (contrast) between how PR and the US Virgin Islands have fared.

·       A summary of the challenges PR faces: high poverty & income inequality, unequal Medicaid funding, poorly performing public schools, poor electric & water infrastructure, poor public transit, lack of representation in US government, large informal economy, fiscal and pension problems, high shipping costs (Jones Act), …

·       A more qualitative view on what are Puerto Rico’s key industries and what could be … natural strengths and weaknesses and comparative advantages. 

https://www.eventbrite.com/e/the-challenges-facing-puerto-rico-with-jason-bram-of-the-frb-of-new-york-tickets-135592044455?aff=ebdssbonlinesearch

This is an event you do not want to miss!