TRANSITIONING FROM MILITARY TO CIVILIAN EMPLOYMENTThe transition from military deployment to the...

TRANSITIONING FROM MILITARY TO CIVILIAN

EMPLOYMENTPRESENTED BY MEMBERS OF THE

A.S.I.S. MILITARY LIAISON COUNCIL

September 14, 2016 Orlando, Florida

Transitioning from Military

to Civilian Employment?

Here are a Few Tips…PRESENTED BY MEMBERS OF

THE A.S.I.S. MILITARY LIAISON COUNCIL

DALLAS, TEXAS, SEPTEMBER 27, 2017

Session Objective

This session is directed to:

• Soldiers and Marines returning from on ground overseas combat

• Sailors and Coasties coming home from 12 months at sea

• Airmen ending deployments away from home and family

Changing from boots on the ground to wingtips and heels.

The transition from military deployment to the corporate ladder, be it leader or follower, is nerve wracking. We want to review some avenues for your upcoming change in life style. Our time is limited, but the information is life related.

Four of your Presenters are military veterans, now working in varied non-military positions

Erin Parks, CPP (U S Marine Corps), Sterling Bay

David Bareno, CPP (U S Navy), Westgate Hotels

Joe McDonald, CPP (U S Marine Corps), SWITCH

Mark Nilsen, Smith Barney Investments

Hank Nolin, CPP, (U S Army), Sun Security, Inc.

HOW DO YOU FIT FIVE MARINES IN THE BACK SEAT OF A VOLKSWAGEN?

Erin Parks, CPP, CBCPSecurity ManagerSterling BayChicago, Il(312) 300-7542eparks@sterlingbay.com

From Military Service to Corporate Employment

Transition

Take advantage of military offered transitioning services to

learn basic job searching and interviewing techniques.

Network with peers who have already navigated the transition.

Highlight relevant skills that the employer can understand.

Be ready to apply your talents, while learning new industries!

From Military Service to Corporate Employment

Corporate Culture

Be ready for a change.

From Military Service to Corporate Employment

Corporate Success

Continue to expend your network with diverse connections.

Find a mentor or multiple mentors and take advantage!

Successful? Don’t stop there – Continuous skill improvement!

From Military Service to Corporate Employment

Summary

David A. Bareno, CPPCorporate Director of SecurityWESTGATE ResortsOrlando, Fl.U. S. NAVY ReserveLt. Commander407-680-8183davebareno@live.com

How much responsibility do I want?

Types of Employment

• Federal Employment

• State/Local Law Enforcement

• Corporate Security

• Private Security

Federal Employment

In the United States – USAJOBS

https://www.usajobs.gov/

Other Countries

State and Local Employment

Local and State Law

Enforcement is a great option.

Many have Veterans

preference hiring practices

Private Security Companies - Hotel Chains – Large Companies

Henri R. (Hank) Nolin, CPP, CFR,

K-9 Master TrainerPresident,

SUN SECURITY, Inc.DeLeon Springs, Florida

(386) 290-8635airlabs@aol.com

US Army, Msg, Ret.

Army times:

Initial enlistment from 1975 thru 1979Remained in US Army Reserve thru 2004Activations:Admin support ARPECEN 1983-1984Operation Desert Shield/Desert Storm 1990-1991Haiti Protection 1994Operation Enduring Freedom 2003Retired 2004

Civilian times:

Law Enforcement: Small town, GaCollege campus, Atlanta

Private Security Companies: Hilton Hotels, Pinkerton, Globe, Wells Fargo

1988 formed my own private security company

2000 formed K-9 company

1988 To form SUN SECURITY INC

U S Veterans Administration Small Business Loan

$75,000.00

Repaid within 5 years

SUN SECURITY, Inc.

V A Disabled Veteran Business Expansion Loan

Funds mostly used to purchase existing company I was working for ($50,000)

Balance was used to:

Refurbish uniformsModernize office operationsRefurnish office spaces

WILD FIRES IN CENTRAL FLORIDA, JUNE-AUGUST 1998

CANCELLED NASCAR JULY 4TH RACE IN DAYTONA BEACH

FEMA LOAN FOR $32,000 LOST INCOME PROFIT

IS YOUR BUSINESS IN DANGER?

SUN STATE SPECIACIALTY K-9, Inc.

K-9 Operations1999 Client asks for Drug Detection K-9 servicesLocal bank for short term loan$25,000.00Purchase two drug dogsTraining handlers

Post 9-11$50,000.00 Homeland Security Expansion Loan Purchase Bomb Detection dogsBuild Kennel

Disabled military veterans are eligible for certain benefits due to their injuries incurred while in the line of duty. One of these benefits is assistance with finding and obtaining the funds necessary to start, operate or grow a small business. The Small Business Administration (SBA) works with the U.S. Department of Veteran Affairs to help them obtain these loans.

MANY COMPANIES OFFER REDUCED UPFRONT INVESTMENT FOR VETERAN AND DISABLED VETERAN FRANCHISE PURCHASE

CHIC-FIL-ADICK’S BBQMCDONALD’SPET PARADISEFAMOUS FOOTWEARINCREDIBLE EDIBLESPARTY WORLDAND MANY MORE

SOME VETERAN FINANCING SOURCES

https://www.sba.gov/starting-business/how-start-business/business-types/veteran-owned-businesses

www.va.gov/landing2_business.htm

business.usa.gov/veterans

www.va.gov/osdbu/entrepreneur

http://www.va.gov/opa/publications/benefits_book.asp

Joseph McDonald, CPP, PSP, CMAS, CSOChief Security Officer,

SWITCHLas Vegas, Nevada

702-444-4106joe@switch.com

What and why we protectMilitary and/or Law Enforcement Background• Understanding of basic security functions• Sense of Duty / Wrong from Right• Goal oriented / Self-driven• Understand following rules• Community

Process

HR does the recruitingFirst interview• 30m to complete application• Meet with Investigator to review application and initial questions• If failed – told at that time• If passed – told what would be required at the 2nd InterviewSecond Interview• Panel of 4-5 Directors• Simple questions• Requires thought and study to answer

FailuresFirst Round Failure 25%Second Round Failures 50% *• Fear• Problems with Discharge• Lack of Company History• Not reviewing material• Inability to communicate• No faults• Poor eye contact• Displayed lack of confidence• Culture fit

Marc A Nilsen, First Vice PresidentThe Everest GroupNMLS# 1262266Morgan Stanley Wealth Management285 Clyde Morris Boulevard, Suite 100 | Ormond Beach, FL 32174Direct: +1 386 671-2317Toll Free: +1 800 824-1391Fax: +1 386 671-2350marc.a.nilsen@morganstanley.com

Considerations as You Near Retirement

MARC A. NILSENFirst Vice President – Wealth ManagementMorgan Stanley

Why Are We Here Today?

• Describe factors that affect your personal financial situation, including time

horizon, investment objectives, and risk tolerance, and how they change as you

near retirement

• Examine the effects that changes in your personal financial situation have on

your asset allocation strategy

• Describe required minimum distributions and how they may affect your

retirement planning

• Describe factors that should be considered in adjusting your portfolio to meet

your retirement goals

Time Horizon• Generally affects the amount of risk

that you can take

• May need to adjust portfolio to

reflect your shortening time horizon

• Need to consider years spent in

retirement as well as years

remaining until you retire

Investment Objectives

Liquidity to meet income needs

Income to supplement other

income sources

Asset Allocation

• Generally viewed as the most appropriate investment strategy for a

retirement portfolio

• Divides investment assets between various asset classes, according to the

investor's investment objectives and risk tolerance

• Serves to reduce the volatility of the portfolio and provide greater consistency

of return

Asset allocation does not assure a profit or protect against loss in declining financial markets.

Asset Allocation (cont’d)

The pie charts on this slide are for illustrative purposes only and are not a recommendation of any particular asset allocation.

AGE 40 AGE 50 AGE 60 AGE 70 AGE 80

Stocks Bonds Cash

Required Minimum Distributions

• Must be taken from

qualified accounts

• Generally speaking, must begin by

April 1 of the year following the

year in which you reach age 70½

• Calculated by dividing the account

balance as of December 31 of the

previous year by the appropriate

life expectancy factor

Portfolio Adjustments

• If eligible, consider consolidating retirement accounts (refer to discussion about

distribution options from qualified plans which is provided later)

• Determine which accounts to withdraw from first

• Select appropriate investments

Portfolio Adjustments –Consolidating Accounts• Simplifies management of retirement assets

• Allows performance to be more easily monitored

• Allows withdrawals to be made efficiently

Taxable Brokerage Account

IRAMain Bank IRA

DEF Brokerage Account

Old Company 401(k)

XYZ Growth Fund

Portfolio Adjustments – Account Withdrawal Order

Assets Taxable as Ordinary Income

Employer-Sponsored Retirement Plans and Traditional IRAs

Roth IRAs

Capital Gains Assets

Portfolio Adjustments – Selecting Investments• Appropriate based on your risk tolerance and investment objectives

• Investments that provide income and hedge against the effects of inflation

• Structured to provide tax efficiency and liquidity as needed

Qualified Retirement Plan Distribution Options

• Cash out

• Leave assets in your employer's qualified retirement plan

• Roll over to a new plan

• Roll over to an IRA

Factors to Consider1. Investment Options

2. Fees and Expenses

3. Services

4. Penalty-Tax Free Withdrawals

5. Bankruptcy and Legal Judgments

6. Required Minimum Distributions or “RMDs”

7. Employer Stock