April 2017 Luncheon Meeting

County Assessor Larry Stone's Assessment of Silicon Valley's Economy: Where We've Been and Where We Are Going

Speaker: Larry Stone

Meeting Description

As the nation reaches the end of a five-year real estate cycle, the longest economic recovery since 1960, most economists and financial analysts are projecting a slowdown or a recession. The big question for financial planners is whether or not it will be a soft landing with a gradual return to normalcy, or something more dramatic. Drawing upon his more than forty years as a seasoned real estate professional, which has included serving as financial manager on Wall Street, and co-founding a successful Bay Area real estate investment and development firm, County Assessor Larry Stone will provide an in-depth presentation on market trends in each of the major real estate sectors, from residential and multifamily to commercial, industrial and retail properties. He will also discuss how property owners can dispute their assessed value, as well as important property tax breaks available to senior citizens.

1.5 hours CE available, pending approval by the CFP Board.

Speaker Biography

San Jose Magazine named him one of Silicon Valley’s 100 most powerful leaders. Pulitzer Prize winning author and Washington Post reporter, Haynes Johnson, described Larry Stone in his bestselling book, Sleepwalking Through History, as “bright, articulate; an American rarity, a proven political success in a time of political failure.”

Stone has been a financial manager on Wall Street and co-founded a successful Bay Area real estate investment and development firm. He served 16 years as a council member and mayor of Sunnyvale, a period during which the city earned an international reputation for effectiveness and became a model for President Clinton and Vice President Gore’s efforts to reform the federal bureaucracy. President Clinton said, “The National Performance Review was modeled in part upon the remarkable reinvention efforts pioneered by the City of Sunnyvale, where Larry Stone served as mayor.” As County Assessor,

He was first elected Assessor in 1994 and overwhelmingly re-elected five times by the residents of Santa Clara County, which stretches north to Palo Alto, south to Gilroy, and includes San Jose, the “Capital of Silicon Valley.” The County boasts a population of 1.9 million—greater than that of 13 states.Stone has overseen remarkable improvements to streamline the operations of his office, eliminate backlogs, and achieve higher levels of public service, all while consistently operating substantially under budget. The State Board of Equalization acknowledged his office as one of the best-managed assessors’ operations in California.

Larry Stone also has been an active and effective civic leader in many fields ranging from the arts, to education, to the environment. A native of Seattle, he has an MBA from the University of Washington and has studied at the Institute of Politics at Harvard’s Kennedy School of Government. He and his wife, Carmen, have lived in Sunnyvale since 1970, where they raised three sons.

Pricing and Registration

Advanced pricing is available through April 9th:

FPA Members and First Time Visitors: $40 Non-Members: $60

After April 9th:
All Members and Non-members: $60

Online Registration is open through Monday, April 9th. At-the-door registration is available but limited, so pre-registration is strongly encouraged.

No refunds after 12:00 pm on Tuesday, April 10th.