The 9Innings Podcast

In this episode of the 9innings Podcast, Kevin Thompson delves into the topic of "above the line deductions" to help listeners lower their adjusted gross income (AGI). Using relatable analogies like baseball, Kevin breaks down complex tax concepts into understandable and actionable steps. He covers common deductions such as educator expenses, retirement contributions, student loan interest, and Health Savings Account (HSA) contributions. Kevin also highlights additional deductions for self-employed individuals. Throughout the episode, he emphasizes the importance of understanding these deductions to maximize tax savings and keep more money in one's pocket.Understanding Above the Line Deductions (00:01:05) Importance of Adjusted Gross Income (00:02:30)Common Above the Line Deductions (00:03:43) Health Savings Account Contributions (00:06:17) Self-Employment Tax Deductions (00:07:31) Unique Deductions and Wild Cards (00:08:58) Action Steps for Tax Savings (00:10:14) Conclusion and Wrap Up (00:11:17) NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com Disclosure: https://sites.google.com/view/9idisclosure/disclosure

In this episode of the 9innings Podcast, hosted by Kevin Thompson, the discussion focuses on pressing economic issues with guest Andrea Kennedy from Wiser Wealth. Key topics include significant market declines, the end of economic cycles, and their relationship to inflation and monetary policy. The conversation delves into the inflationary impact of tariffs, the implications of proposed tax cuts, and the urgency of reshoring manufacturing. Andrea shares insights on strategic investment shifts towards commodities and the global trade dynamics concerning the U.S. dollar. The episode underscores the need for clarity in policy-making to foster investor confidence and economic stability. End of Economic Cycle (00:02:39) Reshoring and Economic Policy (00:06:44) Investor Sentiment and Market Reaction (00:10:12) Legislative Rumors and Tax Implications (00:14:09) Housing Market Dynamics (00:18:15)Impact of Tariffs on Agriculture (00:20:12)Dollarization and Global Trade (00:25:52)Historical Context of Economic Policies (00:29:38)Investor Advice (00:33:15) Closing Remarks (00:34:10) NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2ei... Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-... Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com Disclosure: https://sites.google.com/view/9idisclosure/disclosure

In this podcast episode, We converse with Catherine Tindall, a CPA and partner at Dominion Enterprise Services, about the critical importance of proactive tax planning. They discuss common mistakes business owners make during tax season, such as waiting until the last minute and not engaging in ongoing tax planning. Catherine highlights audit triggers and the significance of profit management. They also explore how financial advisors can build better relationships with CPAs to enhance client outcomes. The episode aims to educate and empower listeners to optimize their tax strategies effectively. Common Tax Mistakes (00:02:11) .Profit Management Discussion (00:05:32) .Audit Triggers for Business Owners (00:08:11) Challenges in Tax Filing (00:10:08) Understanding Tax Professionals (00:12:48) Avoiding Overly Complex Interactions (00:16:40) Practical Strategy for Client Situations (00:16:54)Biggest Tax Pet Peeve (00:18:26)Client Expectations from Tax Professionals (00:21:35)Conclusion and Final Thoughts (00:22:50)NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: https://www.facebook.com/MLB2CFP Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com Disclosure: https://sites.google.com/view/9idisclosure/disclosure

Welcome to the 9Innings Podcast where we Educate, Empower and Engage. ON THIS WEEKS PODCAST: In this episode of the 9innings Podcast, Kevin Thompson, founder of 9i Capital Group, and Joy Slabaugh MTax, MA, LACMH CFP®, explore the emotional and psychological dimensions of financial decision-making. Kevin shares a personal story about a client's emotional distress due to financial losses, emphasizing the importance of understanding clients' emotional experiences with money. Joy discusses her focus on the behavioral aspects of finance, highlighting how attitudes and beliefs about money impact happiness and financial decisions. The episode underscores the need for financial advisors to engage deeply with clients to foster better financial well-being. Joy's Background and Focus (00:03:34) Consumerism and Society (00:06:40) Client Case Study (00:08:29)Shifts in Client Behavior (00:11:12) Psychological Manipulation in Marketing (00:12:35) Approaching Financial Conversations (00:14:42) Emotional Responses in Decision-Making (00:16:28) Advisors' Growth Cycle (00:18:09) Importance of Emotional Relationships (00:22:02) NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: https://www.facebook.com/MLB2CFP Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com Disclosure: https://sites.google.com/view/9idisclosure/disclosure

In this episode of the 9Innings Podcast, I, Kevin Thompson, founder and CEO of 9i Capital Group, explore the possibility of balancing the U.S. federal budget. I break down the national deficit, government spending, and tax revenue, proposing potential solutions like budget cuts and tax reforms. I use hypothetical scenarios, including significant spending cuts and implementing tariffs, to illustrate paths to a balanced budget. I emphasize the complexities of economics versus simple math, highlighting the potential impacts on the economy. The episode aims to educate and engage listeners on this critical financial issue, encouraging informed discussions about the nation's fiscal future.Creative Budget Cuts Scenario (00:02:05)Tax Cuts and Revenue Impact (00:03:19)Tariffs and Revenue Generation (00:04:27)Final Revenue Calculations (00:05:45)Elon's Budget Cuts Revisited (00:07:07)Economic Growth Considerations (00:10:21)NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-pageFollow Us: youtube: / @9icapLinkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428facebook: / mlb2cfp Buy MLB2CFPHere: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.comDisclosure: https://sites.google.com/view/9idisclosure/disclosure

In this episode of the 9innings Podcast, The Cost of Tax Cuts - Who Really Pays the Bill?", host Kevin Thompson, critically analyzes three bipartisan tax proposals: no tax on tips for service workers, no federal tax on the first $150,000 of income, and eliminating social security taxation. Kevin argues that while these proposals may seem beneficial, they could lead to negative outcomes such as increased deficits and reduced employer incentives to raise wages. He emphasizes the importance of understanding the long-term consequences and who ultimately bears the cost of these tax cuts.No Tax on Tips (00:02:06) No Federal Tax on First $150,000 of Income (00:04:40) Eliminating Social Security Tax (00:08:04) Conclusion and Final Thoughts (00:10:18) NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy My Book: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com Disclosure:https://sites.google.com/d/15bCWFaRZx75o5TU9b0Z9BiW3snRi-xhJ/p/1zofijMGt0S0jtmKcQL9m-quQgzbbS3xj/edit?pli=1

Welcome to the 9Innings Podcast where we Educate, Empower and Engage.ON THIS WEEKS PODCAST: In this podcast episode, Kevin Thompson and Ryan Hughes of Bull Oak Investments, discuss the financial advisory industry's challenges, particularly for smaller Registered Investment Advisors (RIAs). They explore the difficulties in talent acquisition due to industry consolidation and financial constraints. The conversation also highlights the rise of unqualified individuals claiming to be financial experts, stressing the need for stronger enforcement and consumer education.Additionally, they touch on current market conditions, inflation, and economic policies, emphasizing the importance of building strong relationships and maintaining integrity within the industry. The episode provides valuable insights into the complex financial landscape.Challenges of Talent Acquisition (00:01:42)Hiring Experiences and Lessons (00:04:00)Social Media and Misleading Financial Claims (00:06:36)Need for Stronger Enforcement (00:09:36)Proposed Solutions for Identifying Experts (00:12:13)Contrarian Views on Inflation (00:15:15)Pandemic's Impact on Inflation (00:18:32)Investor Sentiment and Market Trends (00:20:49)American Innovation vs. European Pessimism (00:22:58)Closing Thoughts on American Values (00:24:06)NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-pageFollow Us: youtube: / @9icapLinkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428facebook: / mlb2cfpBuy My Book: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4Website: http://www.9icapitalgroup.comHit the subscribe button to get new content notifications.Corrections: Editing by http://SwoleNerdProductions.comDisclosure:https://sites.google.com/d/15bCWFaRZx75o5TU9b0Z9BiW3snRi-xhJ/p/1zofijMGt0S0jtmKcQL9m-quQgzbbS3xj/edit?pli=1

In the "Special Needs Planning: 18 and Beyond" episode of the 9innings Podcast, we delve into the challenges parents and guardians face as their special needs children transition into adulthood. Key topics include the legal shifts at age 18, such as guardianship and power of attorney, financial planning through special needs trusts and ABLE accounts, and the transition from school to adulthood with options like vocational training. I also highlight the emotional adjustments required for fostering independence and building a support system. This episode is a comprehensive guide for navigating this critical life stage. Understanding the Legal Shift (00:01:11) Financial and Future Planning (00:06:37) Transitioning from School to Adulthood (00:09:16) Emotional and Practical Adjustments (00:10:45) Closing Thoughts (00:13:13) NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icapLinkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.comDisclosure: https://sites.google.com/d/15bCWFaRZx75o5TU9b0Z9BiW3snRi-xhJ/p/1zofijMGt0S0jtmKcQL9m-quQgzbbS3xj/edit?pli=1

In this episode of the 9inningsPodcast, Kevin and Dr. John T. Harvey, an economics professor at TCU, discuss inflation, Modern Monetary Theory (MMT), and fiscal policy. Dr. Harvey explains the complexities of inflation, emphasizing its multifaceted nature and the significant impact of housing costs on the Consumer Price Index (CPI). The conversation covers the limitations of traditional monetary policy, the role of government in job creation, and the need for policies that address the root causes of inflation. Dr. Harvey advocates for a nuanced understanding of inflation and proactive public sector job initiatives to ensure economic stability and social welfare. Understanding Inflation Complexity (00:02:52) CPI Components and Their Impact (00:06:23) Raising Interest Rates as a Solution (00:09:12) CPI Calculation Methods (00:12:51) Labor Shortages and Price Increases (00:14:47) Inflation and Job Creation (00:18:10) Public vs. Private Sector Roles (00:21:27) Competing with the Private Sector (00:25:05) Universal Employment Strategy (00:26:35) Historical Context of Inflation (00:29:07) NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Book Meeting: https://outlook.office365.com/book/G12473568acb64f719ff3e79cfc9d55ed@NETORGFT11398641.onmicrosoft.com/ Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Disclosure: https://sites.google.com/view/9idisclosure/disclosure

In this episode of the 9innings Podcast, we speak with Meredith McGraw, author of "Trump in Exile." Meredith, a political reporter who transitioned from Politico to the Wall Street Journal, shares her experiences covering Donald Trump during and after his presidency. The discussion explores Trump's post-presidency political maneuvers, the loyalty dynamics within the Republican Party, and ongoing debates about election integrity, providing a nuanced look at contemporary American politics through Meredith's insights and research.Trump's Low Point (00:03:45)Reinvigoration in Palm Beach (00:06:27)Loyalty in Politics (00:08:16)Trump's Political Strategy (00:10:01) .Consequences of Crossing Trump (00:13:44)Election Interference Discussion (00:15:24)Trump's Belief in Election Fraud (00:18:43)Effectiveness of Trump's Approach (00:21:03)Populism and Trump's Strategy (00:24:00)Meredith's Future Endeavors (00:28:22) .NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2ei...Follow Us: youtube: / @9icapLinkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-...Website: http://www.9icapitalgroup.comDisclosure:https://sites.google.com/view/9idiscl...

In this episode of the9innings podcast, Kevin Thompson analyzes the House Republican budget bill and its financial impacts on consumers. He discusses significant cuts to agriculture, infrastructure, and mandatory spending, including Social Security and Medicare. Kevin warns of potential increases in food prices, borrowing costs, and transportation expenses. He advises listeners to budget for higher costs, lock in fixed loan rates, and plan for retirement. The episode aims to educate and empower listeners to navigate the financial changes brought by the budget bill.Impact of Agriculture Budget Cuts (00:00:59)Debt Limit Increase Explained (00:04:15) Infrastructure and Transportation Cuts (00:05:30) Energy Policy Changes (00:07:46) Mandatory Spending Cuts and Social Security (00:08:59) Final Thoughts and Recommendations (00:12:13) NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eiFollow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-.Website: http://www.9icapitalgroup.com Disclosure:https://sites.google.com/view/9idiscl Corrections: Editing by http://SwoleNerdProductions.com

Welcome to the 9Innings Podcast where we Educate, Empower and Engage. In this episode of the "9innings Podcast," host Kevin Thompson, converses with Chuck Failla CFP®, founder of Sovereign Financial Group and host of the GoRIA Podcast. They delve into the fiduciary standard in the financial advisory industry, addressing the challenges posed by "planners in name only" (PINOs) and the distinctions between broker-dealers and independent registered investment advisors (RIAs). The discussion highlights the importance of fiduciary responsibility, the value of RIAs, educating clients, and the need for title protection and simplification within the industry. Debate on Fiduciary Standard (00:01:30) Consumer Awareness in Financial Advice (00:05:28) Discussion on Planners in Name Only (PINOs) (00:05:55) Social Media and Financial Expertise (00:09:04) Pushback from Broker Dealers (00:11:07) Barriers to Independence (00:14:19) Ownership of Book of Business (00:17:00) Value of RIA vs. Broker-Dealer (00:20:16) Liability and Consumer Awareness (00:23:10) Future Initiatives for the Fiduciary Standard (00:24:26) Concerns Over Designations (00:28:03) Final Thoughts on Industry Standards (00:29:18) NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Book Meeting: https://outlook.office365.com/book/G12473568acb64f719ff3e79cfc9d55ed@NETORGFT11398641.onmicrosoft.com/ Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

Welcome to the 9Innings Podcast where we Educate, Empower and Engage. ON THIS WEEKS PODCAST: Kevin discusses the challenges faced by government employees due to a recent executive order requiring them to return to in-office work or resign with an eight-month severance package. He explores the feelings of disrespect and uncertainty among employees, the financial implications of their decisions, and the importance of strategic planning. Kevin emphasizes understanding retirement options under FERS and CSRS and encourages seeking personalized financial guidance. The episode aims to educate and empower government employees during this challenging time.Government Employees' Dilemma (00:01:11) Executive Order Implications (00:02:45) Understanding Your Options (00:04:08) Financial Systems Explained (00:06:50) Maximizing Retirement Benefits (00:09:06) Call to Action for Financial Planning (00:11:40) Conclusion and Reflection (00:12:57)Website: http://www.9icapitalgroup.com NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Book Meeting: https://outlook.office365.com/book/G12473568acb64f719ff3e79cfc9d55ed@NETORGFT11398641.onmicrosoft.com/ Hit the subscribe button to get new content notifications Corrections: Editing by http:/SwoleNerdProductions.com

In this podcast episode, Kevin Thompson critiques the concept of "infinite banking." He explains that while the idea of using cash value life insurance policies to become one's own banker sounds appealing, it is often misrepresented and complex. Kevin shares his personal experiences with permanent life insurance, highlighting high fees, minimal early cash value, and the risks of policy loans. He stresses the importance of working with knowledgeable fiduciaries and offers alternative wealth-building strategies like low-cost index funds and retirement accounts. Kevin aims to educate listeners on making informed financial decisions."Infinite banking my ass! There is nothing to bank on because there is very little cash to do much with early on." What is Infinite Banking? (00:02:22) Structural Issues of Infinite Banking (00:03:44) The Reality of Cash Value (00:06:16) Long-Term Commitment (00:07:20) Interest on Loans (00:08:52) Complexity of Policy Management (00:09:59)High Attrition Rate Among Advisors (00:11:19) Alternatives to Infinite Banking (00:12:43) Importance of Fiduciaries (00:15:09)Closing Thoughts on Infinite Banking (00:18:07) NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Hit the subscribe button to get new content notifications Corrections: Editing by http:/SwoleNerdProductions.com Website: http://www.9icapitalgroup.com

ON THIS WEEKS PODCAST: Kevin rings into the debate over a potential TikTok ban in the U.S. He discusses concerns about data privacy, national security, and the implications of TikTok's Chinese ownership. Kevin critiques the double standards in how tech companies are treated, suggesting the focus on TikTok may be more about geopolitics than child safety. He advocates for comprehensive regulations across all platforms and emphasizes the importance of digital literacy education for parents and children, rather than singling out TikTok for an outright ban.Concerns Over Chinese Ownership (00:01:35)Double Standards in Tech Regulation (00:03:01)Manufacturing and Security Issues (00:04:18)VR and Gaming Platforms (00:05:37)Influence of Big Tech Lobbying (00:08:31)Proposed Solutions to Data Privacy (00:09:55)Closing Thoughts on Accountability (00:11:14)Subscribe to the following: NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2ei...Follow Us: youtube: / @9icaphttps://www.facebook.com/MLB2CFPBuy MBB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4Hit the subscribe button to get new content notificationsWebsite: http://www.9icapitalgroup.comCorrections: Editing by http://SwoleNerdProductions.com

In this podcast episode, Kevin engages with journalist and author David Enrich about his book on Deutsche Bank's tumultuous history. They discuss the bank's questionable practices, its relationships with high-profile clients like Donald Trump, and its role in financial crises. Enrich shares insights from his journalism career, highlighting Deutsche Bank's culture of greed and mismanagement. The conversation explores broader themes of financial recklessness, the impact of corporate culture on ethics, and the consequences of risky lending practices. The episode underscores the need for accountability and reform in the banking sector to prevent future crises.Tragic Events Leading to Insight (00:02:51) Deutsche Bank's Historical Context (00:05:44)Donald Trump's Relationship with Deutsche Bank (00:06:33) Internal Conflicts at Deutsche Bank (00:08:21) Trump's Use of Force Majeure (00:12:03) Deutsche Bank's Responsibility in the Crisis (00:14:18) Trump's Influence on Deutsche Bank (00:17:39) Regulatory Changes Post-2008 (00:21:00) Capitalism vs. Socialism (00:22:39) Corporate Influence on Policy (00:23:28) Understanding Financial Complexity (00:26:46)Takeaways from the Book (00:28:07) Subscribe to the following: NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MBB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE- Buy Dark Towers Here: https://www.amazon.com/Dark-Towers-Deutsche-Donald-Destruction/dp/0062878816Hit the subscribe button to get new content notifications Website: http://www.9icapitalgroup.com Corrections: Editing by http://SwoleNerdProductions.com

In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital Group, hosts Steven S. Zeiger, an insurance industry expert. The episode, titled "Unmasking Permanent Life Insurance," discuss the complexities and potential pitfalls of permanent life insurance. Stephen shares his journey of prioritizing client interests over company sales goals and underscores the necessity of independent research in evaluating life insurance policies. The discussion highlights the need for transparency, informed decision-making, and the role of advisors in presenting clear, data-driven policy comparisons.Insurance Company Experience (00:04:13)Ethics in Insurance Sales (00:06:19)Understanding Life Insurance Policies (00:09:32)Illustrating Cost Savings (00:12:47) Steven presents a case study showing significant savings through independent research on insurance costs.Understanding Policy Costs (00:15:18) Steven discusses the cost differences between MetLife and New York Life insurance policies.Misleading Illustrations (00:19:17) Steven explains how insurance illustrations can be misleading, affecting client understanding.Case Study on Policy Failure (00:20:15) Steven shares a case where a life insurance policy failed 84% of the time.Illustration Analysis (00:22:40) Steven walks through an illustration of a life insurance policy's potential outcomes.Discussion on Policy Viability (00:26:27) They analyze the sustainability of a life insurance policy using Monte Carlo simulations.Introduction and Importance of Research (00:30:06) Kevin discusses the misconceptions about life insurance and emphasizes the need for understanding the numbers.Life Insurance Decisions (00:31:23) Kevin acknowledges Steven's expertise in guiding high net worth individuals in making informed life insurance choices.Subscribe to the following:NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-pageFollow Us: youtube: / @9icapLinkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428facebook: / mlb2cfpBuy MBB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-Hit the subscribe button to get new content notificationsCorrections: Editing by http:/SwoleNerdProductions.comWebsite: http://www.9icapitalgroup.comCorrections: Editing by http://SwoleNerdProductions.com

In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital Group, discusses the fundamentals of business ownership. He covers essential topics like business structures (sole proprietorships, LLCs, S corps), taxation, and the importance of building a supportive team. Kevin shares personal anecdotes to highlight the opportunities in the U.S. economy and encourages listeners to pursue their passions. He emphasizes the necessity of seeking professional advice and mentorship. The episode aims to educate, empower, and engage aspiring entrepreneurs, providing practical insights to help them succeed in their business endeavors.Business Structures Overview (00:03:20) Explaining the differences between sole proprietorships, LLCs, and S corps for starting a business.Understanding Taxation (00:06:26) Key points on taxation, including safe harbor payments and the importance of working with tax professionals.Building Your Team (00:08:46) Emphasizing the need for a supportive team of advisors to navigate entrepreneurship complexities.The Power of Ideas (00:10:01) Encouragement to recognize opportunities and the potential impact of innovative ideas.Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428facebook: / mlb2cfp Buy MBB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE- Hit the subscribe button to get new content notifications Corrections: Editing by http:/SwoleNerdProductions.com Website: http://www.9icapitalgroup.com Corrections: Editing by http://SwoleNerdProductions.com

In this episode of the 9inngs Podcast, host Kevin Thompson interviews Manish Khatta from Potomac about transition to becoming a Registered Investment Advisor (RIA). They explore the pros and cons of moving from a broker-dealer to an RIA, emphasizing the importance of self-awareness in making this decision. Manish shares insights from his experience, noting that not all advisors want to be business owners; many prefer focusing solely on advising clients. They also discuss the financial implications, infrastructure needs, and emotional challenges of running an RIA, stressing the significance of understanding one's value proposition.The Role of Arrogance (00:02:11)Understanding RIA Benefits (00:06:05)Cost of Ownership (00:09:27)Payout Changes in the Industry (00:12:29)Scaling Advisory Services (00:15:59)Concerns in Going Independent (00:19:23)Revenue Generation Focus (00:22:19)Tech Integration Challenges (00:25:06)Potomac's Growth Story (00:30:11)Business Aspirations (00:34:26)Social Media Caution (00:37:11)Podcast Conclusion and Reflection (00:38:08)Follow Us: youtube: / @9icapLinkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428facebook: / mlb2cfpBuy MBB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-Hit the subscribe button to get new content notificationsCorrections: Editing by http:/SwoleNerdProductions.comWebsite: http://www.9icapitalgroup.comCorrections: Editing by http://SwoleNerdProductions.com

In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital Group, emphasizes the importance of a tax-savvy financial plan for business owners. He discusses how many owners miss out on tax benefits due to uncoordinated strategies. Kevin highlights key benefits of effective tax planning, such as minimizing tax liability, freeing up cash flow, preparing for unexpected expenses, and facilitating retirement. He shares personal experiences and advises on choosing the right business structure, maximizing deductions, and managing cash flow. Kevin encourages proactive, year-round collaboration with financial advisors and tax professionals to optimize financial strategies.Choosing the Right Business Entity (00:02:10) Explains how selecting the correct business structure can save money on taxes.Unique Tax Challenges for Business Owners (00:03:29) Highlights the unique tax challenges business owners face, including estimated taxes and compliance issues.What a Tax Savvy Financial Plan Can Do (00:04:49) Describes the benefits of a tax-savvy financial plan, including minimizing tax liability and freeing up cash flow.Top Tax Challenges (00:05:34) Discusses common tax challenges such as choosing the right structure and maximizing deductions.Cash Flow Management and Tax Payments (00:07:21) Emphasizes the importance of understanding tax liabilities and making proper quarterly payments.Common Misconceptions (00:10:48) Debunks myths about when advisors and tax professionals should be involved in financial planning.Actionable Tips for Business Owners (00:12:04) Provides practical advice for business owners on tax planning and working with professionals.Follow Us: youtube: / @9icapLinkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MBB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE- Hit the subscribe button to get new content notifications. Corrections: Editing by http:/SwoleNerdProductions.com Website: http://www.9icapitalgroup.com

In this episode, Kevin Thompson, CEO of 9i Capital Group, sits down with financial expert Andy Panko, CFP®, RICP®, EA, to unpack the concept of infinite banking. They dive into how whole life insurance policies can serve as a vehicle allowing policyholders to borrow against their cash value.The conversation highlights:The mechanics and "myths" of infinite bankingKey differences between whole life and universal life insuranceAssociated risks and misconceptionsTogether, they stress the importance of understanding these products, seeking professional advice, and debunking the oversimplified “bank on yourself” narrative often used to market this strategy. This episode provides a clear-eyed perspective on the complexities and potential pitfalls of infinite banking.Infinite Banking Overview (00:02:14) Discussion on the concept of infinite banking and the use of whole life insurance policies.Understanding Borrowing Against Policies (00:05:51) Kevin questions the nature of borrowing against a policy and the role of the insurance company.Misconceptions About Banking (00:07:41) Andy discusses the misleading concept of "banking on yourself" in relation to insurance policies.Complexities of Policy Borrowing (00:09:07) Kevin highlights misconceptions about immediate access to cash values in life insurance policies.Interest Rates and Policy Loans (00:10:45) Andy explains the implications of borrowing against a policy and the importance of repayment.The Need for Education in Insurance (00:12:19) Discussion on the lack of education in the insurance industry regarding policy complexities.Who Should Use Infinite Banking? (00:16:00) Andy outlines the ideal candidates for infinite banking strategies based on financial sophistication.Comparing Banking Options (00:18:04) Kevin questions the rationale behind choosing life insurance over traditional banking for loans.Timeframe for Infinite Banking Success (19:39) Andy mentions it may take 20-25 years for an individual to effectively build an infinite banking system.Comparison with Traditional Banking (20:41) They highlight the differences between infinite banking and traditional bank borrowing, emphasizing the long-term nature of the former.Whole Life vs. Universal Life Insurance (23:26) Andy explains the stability of whole life insurance compared to the variability of universal life insurance.Misrepresentation of Insurance Products (25:05) Andy critiques how insurance products are often misrepresented, leading to misunderstanding and misuse by consumers.Follow Us: youtube: / @9icapLinkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: https://www.facebook.com/MLB2CFP Buy MBB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE- Hit the subscribe button to get new content notifications. Corrections: Editing by http:/SwoleNerdProductions.com Website: http://www.9icapitalgroup.com

In this episode of the 9 Innings Podcast, Kevin Thompson, founder and CEO of 9i Capital Group, explores the potential impacts of Donald Trump's presidency on small businesses. He dives into key areas such as tax policies, deregulation, workforce dynamics, and trade tariffs. Kevin highlights the importance of staying informed about political changes, understanding tax cuts, deregulation, adapting to workforce shifts, and managing trade tariffs. He offers practical tips for small business owners to build financial resilience and leverage opportunities. Kevin encourages listeners to engage with his content and stay proactive in a changing economic landscape.Tax Policies Overview (00:01:12) Potential Tax Scenarios (00:02:33) Deregulation and Its Effects (00:03:45) Industry-Specific Deregulation Risks (00:06:13)Trade Tariffs Impact (00:10:02) Practical Tips for Small Business Owners (00:11:21) Conclusion and Future Considerations (00:13:47) Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: https://www.facebook.com/MLB2CFP Buy MBB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE- Hit the subscribe button to get new content notifications. Corrections: Editing by http:/SwoleNerdProductions.com Website: http://www.9icapitalgroup.com

In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital group LLC, digs into the bond market, focusing on "bond vigilantes," interest rates, and the housing market. He clarifies that while the Federal Reserve can influence short-term rates, it has limited control over long-term rates, which are driven by market dynamics. Kevin discusses the impact of higher interest rates on homeownership, noting the challenges potential homeowners face due to elevated mortgage rates and high home prices. The episode aims to educate listeners on these financial topics and provide insights into the broader economic environment.The Bond Market Overview (00:01:08) Federal Reserve vs. Long-Term Rates (00:02:25) The Era of Low Long-Term Rates (00:03:21) Legacy of Artificially Low Rates (00:04:40)Current Housing Market Realities (00:06:45) Key Takeaways (00:09:23) Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: https://www.facebook.com/MLB2CFPBuy MBB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-Hit the subscribe button to get new content notifications. Corrections: Editing by http:/SwoleNerdProductions.com Website: http://www.9icapitalgroup.com

In this episode of the 9innings Podcast, host Kevin Thompson, founder and CEO of 9i Capital Group, discusses the fiduciary standard with guest Knute Rostad from the Fiduciary Institute. They explore the implications of a new administration potentially deprioritizing this standard, which mandates that financial advisors act in their clients' best interests. The conversation covers the importance of transparency, the evolution of the financial advisory landscape, and the challenges posed by different business models. Both speakers emphasize the need for ongoing education, ethical practices, and constructive dialogue within the financial advisory community to maintain trust and integrity.Discussion on the New Administration (00:01:27)Fiduciary Perspective Defined (00:02:25)Understanding Client Conflicts (00:05:17)Creating Factions in Financial Advice (00:09:04)Historical Context of Fiduciary Standards (00:11:42)The Current State of Financial Advice (00:12:38)Critique of Fiduciary Marketing (00:15:29)Higher Standards of Fiduciary Practice (00:19:50)Importance of Disclosure in Financial Planning (00:20:40)Broker-Dealer Challenges (00:22:45).Limitations of Disclosure (00:23:26)Misleading Standards (00:25:52)The Role of the CFP Board (00:30:11)Closing Remarks on the Fiduciary Standard (00:35:21)Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-... Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital Group, digs into political identity, tribalism, and ideology ahead of an upcoming election. Drawing from "The Myth of Left and Right" by Hyrum Lewis and Verlan Lewis, Kevin challenges the notion that political affiliations are rooted in consistent beliefs, suggesting they may be more about tribal loyalty. He encourages listeners to critically examine their motivations for supporting political parties and to consider whether their beliefs are genuinely held or influenced by group identity. The episode aims to educate and engage the audience in thoughtful reflection on their political choices.Tribalism vs. Ideology (00:03:44) Exploration of whether political beliefs stem from ideology or tribal loyalty, using sports fandom as an analogy.Changing Political Stances (00:06:18) Kevin highlights how political identities can shift based on group affiliation rather than consistent beliefs.Social vs. Essentialist Mindset (00:08:59) Introduction of two mindsets: social (tribal loyalty) and essentialist (principled beliefs), and their impact on political choices.Historical Shifts in Political Loyalty (00:11:37) Discussion on how political loyalties and ideologies have changed over time, referencing historical figures and events.Implications for Upcoming Elections (00:13:50) Kevin emphasizes the importance of understanding tribal dynamics in the context of the upcoming election.Reflection on Political Identity (00:16:18) Encouragement for listeners to critically examine their motivations for political support and the nature of their beliefs.Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFPHere: https://www.amazon.com/MLB-CFP%C2%AE-... Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

In this episode of the 9innings podcast, hosted by Kevin Thompson, the focus is on entrepreneurship in financial advisory, community building among advisors, and industry challenges like consolidation. Kevin, the founder of 9i Capital Group LLC, introduces guest Eric J. Negron from Forefront Wealth Partners. Eric shares his journey from feeling constrained in traditional firms to founding his own company, driven by a desire for independence and a supportive work culture. They discuss the significance of the Future Proof Festival, the role of social media, and the importance of authenticity and collaboration in the financial industry.Forming Forefront Wealth Partners (00:03:50) Entrepreneurial Spirit (00:05:22) Future Proof Festival Overview (00:06:51) Discussion on Industry Dynamics (00:11:28) :Launching Forefront Advisor Network (00:17:49)Learning from Others (00:22:24) The Impact of Social Media (00:24:15)Authenticity in Business (00:27:34) Redefining Success (00:30:29) Eric shares his vision for success, focusing on training new advisors and creating legacies.Preparing for Future Proof Festival (00:31:34) Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-... Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

In the 100th episode of the 9innings podcast, host Kevin Thompson, founder and CEO of 9i Capital Group, celebrates this milestone by reflecting on the journey and engaging with notable guests. Josh Brown, CEO of Ritholtz Wealth Management, discusses the impact of AI and consolidation in the financial advisory industry. David Kinder delves into fiduciary standards and Regulation Best Interest (RBI) in the insurance sector, highlighting the industry's resistance to fiduciary obligations. Tyrone Ross Jr., CEO of Turnkey Labs, emphasizes the importance of understanding cryptocurrency in financial planning. Bethany Mclean talks about healthcare disparities and how Covid-19 exposed our healthcare system. This episode underscores themes of autonomy, ethical standards, and continuous education.Discussion with Josh Brown (00:01:01).Consolidation in the RIA Industry (00:04:41)The Fiduciary Myth with David Kinder (00:10:36).Tyrone Ross Jr. on Crypto (00:18:16)Impact of Wealth Disparity in Politics with Matt k Lewis (00:24:14)Healthcare Inequality Exposed by COVID-19 with bethany McLean (00:29:12)Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-... Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

In this episode of the "9innings Podcast," host Kevin Thompson, founder and CEO of 9i Capital Group, converses with Bethany McLean, author of "The Big Fail: How the Pandemic Revealed What America Protects and Who It Leaves Behind." They discuss the systemic failures exposed by the COVID-19 pandemic, focusing on healthcare disparities and the detrimental impact of private equity on the industry. McLean highlights the inadequacies in pandemic preparedness and the inequities faced by marginalized communities. The episode calls for a reevaluation of healthcare policies to prioritize equitable care and address the systemic issues revealed by the pandemic.Pandemic Preparedness Discussion (00:02:10) Nuanced Take on Pandemic Preparedness (00:03:10) Administration Trust Issues (00:05:05)Healthcare Inequality (00:08:01)Consequences of Hospital Resource Disparities (00:10:21) Capitalism vs. Healthcare (00:12:41) Individualism in Healthcare Attitudes (00:14:02) Private Equity's Impact on Healthcare (00:17:46) Government's Role in Business (00:19:39) Short-Term vs. Long-Term Capitalism (00:23:56) Flaws in the Healthcare System (00:27:05) Funding Community Hospitals (00:30:57) Reflection on Pandemic Lessons (00:32:17) Follow Us: youtube: https://m.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA Linkedin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ facebook: https://www.facebook.com/MLB2CFP Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

In this episode of the 9innings Podcast, host Kevin Thompson, founder and CEO of 9i Capital Group, discusses the groundbreaking Future Proof event with guest Matt Middleton. Kevin praises the event's transformative impact on the financial services industry, highlighting its vibrant atmosphere and innovative networking opportunities. Matt shares insights on the event's success, noting a significant increase in attendance and the importance of fostering a collaborative environment. They discuss the event's no pay-to-play model, which promotes inclusivity and diverse voices. The episode underscores Future Proof's role in creating meaningful connections and setting a new standard for industry gatherings.Attendee Experience (00:02:00)Networking Philosophy (00:05:22)Future Proof's Unique Model (00:12:12) Personal Reflections (00:15:16) Introduction and Personal Reflection (00:17:18)Community Building Insights (00:17:51) Future Proof Citywide Announcement (00:18:44) Event Structure and Partnerships (00:20:16) .Data and Research Initiatives (00:21:13) Closing Remarks and Event Success (00:22:01) Follow Us: youtube: https://www.youtube.com/@UCw9yLfTDBAprrLWvmcT6fFA Linkedin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ facebook: https://www.facebook.com/MLB2CFP Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

In this podcast episode, I, Kevin Thompson, founder and CEO of 9i Capital Group LLC, discuss the Federal Reserve's recent 50 basis point interest rate cut. I explain the reasons behind the cut, including concerns about a slowing economy and employment sector. I explore the impact on various sectors like fixed income, equities, and real estate, and advise listeners on how to adjust their portfolios accordingly. I also address the implications for borrowing costs and inflation. Emphasizing the importance of understanding these changes, I encourage listeners to reassess their financial strategies and reach out for further assistance.Impact on Employment Sector (00:02:27)Understanding the Rate Cut (00:03:27)Market Reactions to the Rate Cut (00:04:39)Inflation and Its Effects (00:05:27)Fixed Income and Bond Markets (00:07:51)Equity Market Implications (00:09:06)Real Estate Market Effects (00:10:17)Market Impact and the Dollar (00:12:40)Conclusion and Portfolio Positioning (00:13:53)

In this episode of the "9innings Podcast," Kevin Thompson, founder and CEO of 9i Capital Group, discusses the evolving regulatory landscape in the financial services industry with Tracy Lownsberry, owner of Up North Retirement. We delve into the implications of Regulation Best Interest (RBI) and the fiduciary standard, examining the shift from commission-based to fee-based models and the complexities of financial advisory titles. The conversation highlights the need for transparency, standardized commission structures, and continuous education to better serve consumers. Tracy advocates for clearer regulations and accountability in the insurance industry to enhance consumer protection and advisor competence.Regulation Best Interest Overview (00:02:12) ..Personal Experience with Regulation (00:04:20) Regulation of Financial Titles (00:07:26) Disclosure Issues in Commissions (00:10:10)Disclosing Commissions from Top to Bottom (00:14:11) Impact of Regulation on Compensation (00:19:27) Fiduciary Standard Debate (00:20:38) The Need for a Fiduciary Standard (00:25:00) Regulatory Challenges in the Industry (00:26:44)Superiority Complex in Financial Services (00:28:06) Future Vision for the Insurance Industry (00:30:27) Follow Us: youtube: https://www.youtube.com/@UCw9yLfTDBAprrLWvmcT6fFA linkedin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

In this episode of the "9innings Podcast" we discuss the Disruption Blueprint. Kevin Thompson, CEO of 9i Capital Group LLC, and Shannon Spotswood, the CEO of RFG Advisory, discuss the evolving Registered Investment Advisor (RIA) industry. They explore themes of disruption, innovation, and the impact of private equity. Shannon emphasizes the importance of helping independent advisors grow without compromise, leveraging technology, and maintaining strong client relationships. She shares insights on navigating industry challenges, the role of private equity, and the need for advisors to adapt and innovate. The episode concludes with optimism for the future of the RIA space.Reflection on Career Journey (00:01:00)Disruption in the RIA Industry (00:04:12)Challenges in the RIA Space (00:06:43)Private Equity Dynamics (00:10:39)Concerns About Aggregation Models (00:12:05)Competition and Unique Value (00:15:32)RFG's Growth Services (00:19:05)Future of the RIA Industry (00:26:17)Generational Wealth Transfer (00:27:43)Long-Term Vision for Advisors (00:28:39)The Ascent vs. The Summit (00:33:44)Follow Us:youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFAlinekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/X: https://x.com/MLB2CFPfacebook: https://www.facebook.com/MLB2CFPBuy My Book: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4Website: http://www.9icapitalgroup.comHit the subscribe button to get new content notifications.Corrections: Editing by http://SwoleNerdProductions.com

In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital Group, hosts a discussion with insurance specialist David Kinder, known as "the tax-exempt wealth guy." They explore the insurance industry's response to Regulation Best Interest (RBI), which mandates obligations like disclosure, care, conflict of interest, and compliance. David critiques the industry's resistance to fiduciary responsibilities and highlights ethical concerns, particularly with Indexed Universal Life (IUL) insurance. The conversation emphasizes the need for higher practice standards, ethical conduct, and client education, advocating for a balanced approach to regulation that prioritizes consumer interests.Discussion on Industry Division (00:01:37) .Regulation Best Interest Overview (00:02:16)Economic Implications for Agents (00:04:25) Fiduciary vs. Suitability Standards (00:06:17) Materiality of Compensation (00:11:25) Suitability Perspective Critique (00:13:29) Need for Professional Standards (00:15:36) Insurance Companies' Priorities (00:19:11) Insurance Lobby's Opposition to Regulation (00:24:18)Fiduciary Responsibility (00:26:46) Critique of Advisors' Recommendations (00:29:02)Client Versus Company Interests (00:34:52) Agent Responsibilities (00:36:57) Industry Disdain and Perception (00:37:26) Ambiguity in Titles (00:39:45)

In this episode of the Nominees Podcast, host Kevin Thompson speaks with Matt Middleton, CEO and co-founder of Future Proof, a pioneering financial services festival. They discuss the festival's inception post COVID-19 pandemic, its innovative approach to industry events, and the challenges faced in establishing it. Middleton emphasizes the importance of inclusivity, genuine connections, and diverse perspectives in the financial sector. Future Proof aims to break traditional event molds by fostering open dialogue and dynamic interactions. The conversation highlights the festival's mission to reshape the financial services landscape through authenticity and continuous innovation.Inception of Future Proof (00:02:25) Redefining Event Value (00:04:11) Creating a Unique Festival Experience (00:06:08) Encouraging Diverse Perspectives (00:09:01) Challenges in Launching Future Proof (00:12:43) Industry Adoption and Growth (00:15:30) The Transformation of the Industry (00:17:57) The Importance of Authenticity (00:20:32) Creating an Inclusive Platform (00:22:24)Content Creation Process (00:26:05)The Concept of Future Proof (00:29:10) Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

In this podcast episode, Kevin Thompson RICp®, CFP® discusses the insurance industry's opposition to the Regulation Best Interest (RBI) rule established by the SEC. He explains that the Reg BI rule mandates broker-dealers to act in the best interest of their retail customers, enhancing transparency and accountability in financial advising. Kevin critiques the insurance lobby's resistance, highlighting concerns about increased regulatory burdens, potential sales reductions, and conflicts with state regulations. He advocates for a standardized fiduciary approach to ensure consumer protection and emphasizes ongoing engagement and support for clients. Discussion on Best Interest Contract (00:01:13) Overview of Regulation Best Interest (00:02:00)Key Components of Regulation Best Interest (00:03:09) Insurance Lobby's Opposition (00:04:48) Impact on Commission-Based Models (00:07:58) Lack of Clarity in Regulation (00:09:10) Fiduciary Standard vs. Suitability Standard (00:10:25) Ongoing Client Engagement (00:11:16) Future Conversations on the Topic (00:12:17) Conclusion and Call to Action (00:13:08) Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFAlinekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

WELCOME TO THE 9Innings PODCAST...In this episode of the "9inningsPodcast," Kevin Thompson, founder and CEO of 9i Capital Group, discusses the potential for a recession. He examines economic indicators, market reactions, and Federal Reserve actions, providing a comprehensive overview of the current economic landscape. Kevin explains the dual mandate of the Federal Reserve and the significance of the bond market, using the metaphor of "Betelgeuse" to illustrate how recession fears can become a self-fulfilling prophecy. The episode aims to educate listeners on economic dynamics and the potential impact of Federal Reserve decisions on market stability.Understanding Recession (00:02:08) Defines recession and discusses the technical aspects of GDP and employment trends.Federal Reserve's Actions (00:03:24) Examines the Fed's dual mandate and recent interest rate hikes to stabilize prices.Market Reactions (00:04:25) Discusses how an inverted yield curve signals expectations of a slowing economy.Bond Market Dynamics (00:05:40) Analyzes current bond market behavior and shifts in investor strategies.Federal Reserve's Challenges (00:07:58) Highlights the Fed's need to manage market volatility without political implications.Impact of Media on Investor Behavior (00:09:09) Describes how media narratives influence investor spending and business decisions.Economic Insights (00:10:28) Summarizes the implications of rising prices and unemployment on the economy.Closing Thoughts (00:11:34) Speculates on recession likelihood, Fed actions, and the nature of market dynamics.Follow Us:youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFAlinekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/X: https://x.com/MLB2CFPfacebook: https://www.facebook.com/MLB2CFPHit the subscribe button to get new content notifications.Corrections:Editing by http://SwoleNerdProductions.com

In this episode of the "9innings Podcast," we broach the topic of "spoofing," a scam where fraudsters disguise their identity to deceive individuals into revealing personal information. The episode provides insights into various spoofing methods, signs to watch for, and practical tips on protecting oneself from such scams, emphasizing the importance of education and vigilance. From Tiktok to Facebook, many individuals have fallen victim to spoofing, and we are here to provide context to what spoofing is, how to recognize it, and how to not fall victim to this fraud.Understanding Spoofing (00:00:58) Definition of spoofing and how malicious parties disguise their identity.A TikTok Story of a Spoofing Scam (00:02:50) A speaker shares her emotional experience with a spoofing scam involving Wells Fargo.How Spoofing Works (00:04:29) Kevin explains the mechanics of caller ID spoofing and its prevalence.Types of Spoofing (00:06:07) Overview of email, text message, and website spoofing techniques.Why Spoofing is Effective (00:08:34) Discussion on trust factors and urgency that make spoofing successful.Signs of Spoofing Scams (00:09:37) Common indicators that suggest a potential spoofing scam.Protecting Against Spoofing (00:12:23) Advice on verifying sources and avoiding sharing personal information.Steps to Take if Scammed (00:14:29) Recommended actions if you suspect you've been a victim of spoofing.Recap and Final Advice (00:16:34) Summary of key points discussed and encouragement to stay vigilant.Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFPHit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

In this episode of the "9innings Podcast," host Kevin Thompson, founder and CEO of 9i Capital Group, discusses the decline of African American players in Major League Baseball (MLB). He highlights a significant drop from 19% in 1995 to 7% in 2023. Kevin attributes this trend to several factors, including the lack of domestic academies in the U.S., insufficient representation and role models, economic barriers, competition from other sports, and socioeconomic challenges. He calls for increased investment in domestic academies and outreach programs to foster talent and ensure a more inclusive future for baseball.Statistics Overview (00:01:00) Lack of Domestic Academies (00:02:19) Personal Reflection on Role Models (00:03:38) Historical Context of Black Players (00:06:00) Economic and Social Factors (00:08:14) MLB Outreach Programs (00:09:18) Impact of Legislation (00:10:24) Current Efforts and Changes (00:11:28) Representation and Visibility (00:12:32) Recent Developments in Draft (00:13:44) Economic Considerations (00:14:36) Conclusion and Future Outlook (00:16:51) Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

Welcome to the 9Innings Podcast where we Educate, Empower and Engage. ON THIS WEEKS PODCAST: In this episode of the 9innings podcast, Kevin Thompson, founder and CEO of 9i Capital Group, delves into the rise of financial influencers and the importance of discerning credible advice from misinformation. He stresses verifying the credentials of online financial advisors through platforms like BrokerCheck and the SEC website. Thompson advises conducting background checks via social media and analyzing content quality to assess influencers' credibility. He warns against clickbait tactics and fake reviews, urging listeners to seek guidance from certified professionals and reputable organizations like the Financial Planning Association (FPA) and National Association of Insurance and Financial Advisors (NAIFA). Industry Registration (00:02:28) Background Check (00:07:08) Content Analysis (00:08:16) Engagement Quality (00:10:54) Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

In this episode of the 9innings Podcast, host Kevin Thompson, founder and CEO of 9iCapital Group, delves into the expiration of the Tax Cuts and Jobs Act (TCJA) and its ramifications for small business owners. Thompson outlines the key components of the TCJA, including tax rate reductions, the Section 179 deduction, the Qualified Business Income (QBI) deduction, corporate tax rates, and bonus depreciation. He emphasizes the importance of understanding these potential changes, which could take effect in 2026, and provides a detailed analysis to help small business owners navigate the impending tax landscape.Overview of the Tax Cuts and Jobs Act (00:02:26) Impact of TCJA expiration on small businesses (00:03:34) End of the qualified business income deduction (00:06:05) Potential changes in corporate tax rate and bonus depreciation (00:08:36) Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

In this episode of the 9Innings Podcast, host Kevin Thompson explores the intricate relationship between social media, freedom of speech, and professional consequences. He explains the difference between freedom of speech and freedom from consequence, highlighting the risks social media poses to employment.Kevin provides practical tips for safeguarding one's career, such as adjusting privacy settings, understanding company policies, and maintaining separate personal and professional accounts. He also discusses the broader societal implications, emphasizing the need for open dialogue on diversity of thought and the risks of expressing personal beliefs online.Freedom of Speech vs. Consequences (00:01:08The Fine Line: What is Acceptable? (00:02:09)Practical Tips for Safeguarding Your Career (00:04:35)Groupthink and Personal Beliefs (00:07:33)Impact of Social Media on Careers (00:14:29)Follow Us:youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFAlinekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/X: https://x.com/MLB2CFPfacebook: https://www.facebook.com/MLB2CFPWebsite: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

In this episode of the 9 Innings Podcast, Kevin Thompson, founder and CEO of 9i Capital Group, discusses the housing market and the decision to rent or buy a home. He shares his personal experience of buying his first home in 2005 and compares it to the current market challenges faced by younger generations.Kevin highlights the financial burdens of higher home prices and interest rates today. He explores the benefits and trade-offs of homeownership versus renting, emphasizing stability, equity, and tax benefits of owning a home, while acknowledging the flexibility and reduced responsibilities of renting. Kevin encourages listeners to consider their individual preferences and priorities in making this decision.The housing market and interest rates (00:00:50)Comparing current and past housing costs (00:02:49)Renting vs. buying: flexibility and stability (00:06:24)Benefits of home ownership (00:08:44)Challenges of renting and the appeal of flexibility (00:12:16)Renting vs. buying: trade-offs (00:14:37)Follow Us On..(youtube)- https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA(w)-https://www.9icapitalgroup.com/(Linkedin)-https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/(Face)-https://www.facebook.com/MLB2CFP(gram)-https://www.instagram.com/mlb2cfp/(Newsletter)-https://www.linkedin.com/newsletters/what-now%3F-7202006115335761924/

In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital Group, delves into the intricacies of Health Savings Accounts (HSAs). He discusses their benefits, such as tax advantages and long-term savings potential, and also highlights potential downsides, including high-deductible health plan requirements and the complexity of managing these accounts. The episode aims to provide listeners with a comprehensive understanding of HSAs to help them make informed decisions about their healthcare finances.Understanding HSA (00:00:50) Benefits of HSA (00:03:00) HSA as Retirement Tool (00:07:10) Potential Downsides of HSA (00:09:18)

Kevin Thompson and special guest James McGlynn, 9i Capital Consultant, in this gripping episode of the 9innings podcast, where they explore the treacherous terrain of "pig butchering" scams. Discover the cunning tactics used to swindle individuals via fake relationships and elaborate cryptocurrency cons. Plus, gain valuable knowledge from Zeke Fuax's "Number Go Up," shedding light on the complexities of crypto fraud. Tune in to arm yourself with the necessary tools to identify and steer clear of these deceptive schemes. Don't miss out on this informative session aimed at safeguarding your finances! #Podcast #ScamAwareness #CryptocurrencyFraud #Educational #mlb2cfp The Investigation (00:01:53)Initial Contact and Scam Tactics (00:04:51)Victims' Situation and Scam Process (00:10:33)Prevention and Awareness (00:13:53)Final Thoughts and Book Recommendations (00:17:25)Check Out These Resources:(Blog)-https://www.9icapitalgroup.com/blog(yt)-https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA(L)-https://www.linkedin.com/company/9innings-capital-group-llc/?viewAsMember=true(X)-https://x.com/home?lang=en(F)-https://www.facebook.com/9iCapGroup(@)-https://www.threads.net/@mlb2cfp

In this podcast episode, host Kevin Thompson and guest Dr. Preston Cherry delve into the complexities of the financial planning industry. They discuss the influence of social media, distinguishing between the roles of financial coaching and advising, and the importance of ethical standards. The conversation also covers the challenges posed by misinformation online and the necessity for financial professionals to educate and guide clients effectively. Regulatory issues are explored, with emphasis on the need for clear definitions and protections for the term "financial planner." Finally, they consider the role of technology in enhancing client relationships while maintaining a personal touch in financial advising.Social Media Impacts (00:00:00)Financial Coaching Value (00:08:16) .Regulatory Clarity (00:12:31) .Technology in Financial Advising (00:17:21)Building trust and maintaining strong client relationships (00:22:47)The role of financial advisors and social media (00:27:03) Follow Us Below-(Y)- https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA(F)- https://www.facebook.com/MLB2CFP(X)-https://x.com/MLB2CFP(IG)-https://www.instagram.com/mlb2cfp/(w)- https://www.9icapitalgroup.com/

In this episode of the 9Innings podcast, host Kevin Thompson, founder and CEO of 9i Capital Group, tackles the challenging topic of why most people won't amass $1 million in their Roth IRA. Thompson debunks common financial myths, particularly those spread by social media influencers, and explains the practical difficulties in reaching such a substantial retirement savings goal. He provides listeners with strategies for optimizing their Roth IRA contributions and highlights the importance of strategic financial planning and understanding the nuances of investment to realistically approach the $1 million milestone.The Roth IRA (00:01:01) Average Returns (00:01:56) Geometric Return (00:03:19) Millionaire Roth Calculation (00:04:40) Ideal Conditions for a Millionaire Roth (00:07:00) Strategies for a $1 Million Roth (00:10:14) Practical steps and strategies for maximizing contributions and converting traditional IRAs to achieve a $1 million Roth balance.Investment Opportunities (00:12:16) Addressing Misconceptions (00:13:36) Subscribe: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFAWebsite: https://www.9icapitalgroup.com/Linkedin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/Facebook: https://www.facebook.com/9iCapGroup/

In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital Group, and Tobias Salinger, chief correspondent at Financial Planning at Arizent, explore pressing issues in the financial industry. They discuss the importance of succession planning, the need to increase diversity and improve talent acquisition, and the challenges faced by newcomers. The conversation also covers the Leaders Forum event, which will address the evolving concept of financial advisor independence, and the impact of discrimination on career progression within the industry.Leaders Forum event (00:01:59)Succession planning challenges (00:05:12)Apprenticeship opportunities (00:11:14)Discrimination cases in the industry (00:15:45)Challenges in the Financial Industry (00:19:24)Mentorship and Career Development (00:22:40)Upcoming Live Discussion Event (00:26:49)Subscribe to our channels and follow:(w)-https://www.9icapitalgroup.com/(y)-https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA(f)-https://www.facebook.com/MLB2CFP(X)-https://twitter.com/9ICapGroup/status/1624034073361502212

Welcome to the 9Innings Podcast where we Educate, Empower and Engage. ON THIS WEEKS PODCAST: Kevin Thompson explores the intricacies of financial advisor compensation, highlighting potential conflicts of interest and various payment structures. The focus is on educating both advisors and clients about the significance of transparent compensation practices and ensuring advisors act in the best interest of their clients. The episode serves as a guide to better understand the financial advisor-client relationship and the impact of compensation on advisory services. Understanding Conflicts of Interest (00:01:24) -Explanation of conflicts of interest in the advisory world and how they can manifest in various ways, including compensation structures and product sales. Types of Financial Advisors (00:04:36) -Discussion of commission-based, fee-based, and fee-only advisors, including their compensation models and potential conflicts of interest. The Client's Best Interest (00:11:13)-Examination of fee-only advisors, their advantages, and the reduced conflicts of interest, along with the concept of acting in the client's best interest. Key Aspects of the Client's Best Interest (00:16:30)- Explanation of fiduciary duty, disclosures, suitability, and continuous monitoring as crucial components of acting in the client's best interest. Evaluating the Value of Financial Advisors (00:18:35)- Emphasis on assessing the level of service received, understanding the true cost, and determining if the services align with the client's needs and expectations.

In this episode of the 9innings podcast, host Kevin Thompson, 9i Capital Group, speaks into the challenges faced by the Federal Reserve. The discussion focuses on the Fed's dual mandate of ensuring price stability and full employment, and the complexities of managing inflation and interest rates. Thompson explores the delicate balance the Fed must maintain to bridge economic conditions, the implications of their rate decisions, and the risk of these decisions being influenced by political factors. The episode provides an in-depth analysis of the Fed's current predicament and its potential effects on the economy and markets.Correction: (Meant to say rate cuts not hikes around 10 minute mark)-Will the Democrats or Republicans love/hate Jerome Powell?- Is Powell the best pilo tto land this plane?- Is Stagflation a concern?Follow Us...Website: http://www.9icapitalgroup.comLinkedin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/Yotube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFAFacebook: https://www.facebook.com/9iCapGroupTwitter: https://twitter.com/9ICapGroup/status/1624034073361502212

In this podcast episode, host Kevin Thompson, founder and CEO of 9i Capital Group, interviews Matt Drews, his former financial advisor and ex-professional baseball player. They discuss their shared history with the Stanford Company, which was involved in a Ponzi scheme, and the personal and financial repercussions they faced following the company's collapse. Kevin credits the experience for his current success in financial planning and owning his firm. Matt, now working in real estate development, shares insights on overcoming adversity and encourages athletes to leverage their skills beyond sports. The episode is a blend of personal reflection, industry critique, and motivational advice for listeners transitioning from sports to new careers.

In this episode of the 9innings podcast, host Kevin Thompson, CEO of 9i Capital Group, discusses AI industry trends and investment strategies with Ivana Delevska, CIO of Spear Invest. They examine Spear Invest's impressive returns, the justification of AI sector valuations, and the potential for growth in companies like Nvidia. Ivana Delevska explains their investment philosophy, the distinction between market caps and valuations, and the opportunities in various sectors influenced by AI. The episode also covers the competitive dynamics in the data center segment, the energy demands of data centers, and the broader applications of AI. Ivana Delevska addresses concerns about AI technology, suggesting the fears of AI dominance are overblown.