The Lighthouse

College acceptance letters are making their way to mailboxes all over the country this time of year. With the happy news of an acceptance to a student's dream school comes the reality of four (or more!) years of tuition bills. With the cost of attending college on the rise, many of our clients want to know what they can do now for their children and grandchildren to save for this big expense. We're pleased to partner with Kris Adrian of JP Morgan Asset Management to bring you actionable information about how to prepare for the cost of college education. As always, we're here to answer questions and provide guidance to our clients around this topic. We hope you enjoy the show!

25 years ago, Dr. Dan Carlin had an epiphany while he was helping a client operate on their arm. He wasn't working with the patient in an operating room, rather via phone while the client was half way around the world on a sail boat. Dr. Carlin realized that patients may be in need of medical assistance at any given time no matter where they were in the world and that providing a virtual health care experience would be of the upmost importance in the future. Dr. Carlin founded WorldClinic for busy traveling executives and families so that they could have a first-class, on-demand, comprehensive medical care anywhere in the world. Health is just as important as wealth for many of our clients, so that's why we invited Dr. Carlin on the show.

If you've heard a lot about cryptocurrency, blockchain, and decentralized finance in the last few years and have had a hard time separating the facts from the noise, you're not alone. The breakthroughs in the blockchain space have many investors wondering what opportunities and risks exist in the future. We're excited to welcome Mike Gourd from the Chief Investment Office to the show to speak on this new frontier and its implications in the world of finance and beyond. We hope you enjoy the show!

Winston Churchill once said, “We make a living by what we get. We make a life by what we give.” To discuss the importance of planning around charitable giving, we've invited Liam McCormick to join us on the Lighthouse Podcast. Liam is a Senior Strategist with the Family Advisory and Philanthropy Services Group at UBS. Liam is an expert at helping clients define charitable ambitions, communicating those goals amongst family members, and developing the appropriate strategies to bring these plans to life. We welcome your feedback and hope you enjoy the show!

25 years ago, Dr. Dan Carlin had an epiphany while he was helping a client operate on their arm. He wasn't working with the patient in an operating room, rather via phone while the client was half way around the world on a sail boat. Dr. Carlin realized that patients may be in need of medical assistance at any given time no matter where they were in the world and that providing a virtual health care experience would be of the upmost importance in the future. Dr. Carlin founded WorldClinic for busy traveling executives and families so that they could have a first-class, on-demand, comprehensive medical care anywhere in the world. Health is just as important as wealth for many of our clients, so that's why we invited Dr. Carlin on the show.

Real Estate might be one of the most common conversational talking points that comes up for you on a weekly basis. Home values have soared, interest rates are rising, lack of supply has made it hard to find anything, and bottlenecks experienced during construction and renovations all seem to be top of mind for clients. Our next guest is Jon Woloshin, Real Estate and Lodging Analyst Americas at UBS, who is an expert on all things real estate. He not only talks about macro trends effecting the real estate market across the United States, but also addresses the issues impacting local markets across the country. We ask him some of the most common asked questions and observations clients have mentioned to us. We welcome any feedback and hope you enjoy the show!

The US stock market has demonstrated impressive outperformance versus the global stock market in recent years. Following this winning streak, many investors are frustrated by international stocks' performance and are tempted to overweight the US market. Justin Waring, Investment Strategist Americas at UBS, joins Jack on the show to talk about international markets and the importance they play within a diversified portfolio. We hope you enjoy the show!

Technology is changing and advancing so rapidly, it can be hard to keep up with all the breakthroughs and progress points as they emerge. It's even more difficult to determine the material impact that new technology has on areas that matter to our clients and how to evaluate technological changes from an investor's perspective. That's why we're excited to welcome Michelle Laliberte from UBS's Chief Investment Office to discuss recent advances in greentech, 5G, fintech, and healthtech to share the CIO's perspective on this topic. We hope you enjoy the show!

Few topics in the world of finance are more heavily debated in media than the impacts of the National Debt, Deficit, and Inflation. While these topics are extremely important, we have found that there is often a lot of misleading information that clients are inundated with that creates confusion and uncertainty. Since these areas are often some of the most frequently asked questions by clients, we've invited Brian Rose, Senior Economist Americas at UBS, to give us a high-level overview of these dynamics and how clients may be impacted by them. As always, we welcome your questions and feedback, and we hope you enjoy the show!

We work with a number of owners of Middle Market Family Businesses before, during, and after an exit from their company. Our guest on this episode is Clint Bundy, Managing Director of the Bundy Group - an investment banking firm that has successfully advised clients in over 200 transactions over the past 50 years. Clint gives us an update on the M&A landscape and how clients can better navigate a potential exit from their business, both from a financial and personal perspective. We welcome your questions and feedback and hope you enjoy the show!

The costs of ransomware attacks have gone up 57-fold over the last 6 years. The recent Colonial Pipeline ransomware attack not only caused gas shortages for millions of Americans, but also served as another harsh reminder of the cyber threats facing us all today. Our guest today is Evan Taylor, Senior Vice President at NFP, who shares with us how we can all better protect ourselves, our families, and businesses with respects to cybersecurity. Before Evan joined NFP, he spent some time working with the FBI and has always had an interest in helping people combat this increasing threat. We hope you enjoy the show!

Many of our clients have shared with us that talking about money with family can be difficult, and they are not alone. A study from the American Psychological Association stated that 95% of survey respondents agreed that parents should talk to their children about money, but only 37% actually do on a regular basis. On this episode, we are joined by Liz Cribbs, Senior Strategist of Family Advisory and Philanthropy Services at UBS, who will share with us some ways we can think about engaging our families around values, goals, and wealth. As always, we welcome your questions and feedback and we hope to enjoy the show!

Managing significant wealth can be complicated, but it doesn't have to be. Whether you're a millionaire or billionaire, the Wealth Way framework allows clients to think more creatively and confidently about their future. We believe in the power of the approach and the impact in can have on our clients' lives. That's why we've invited Dan Scansaroli, Managing Director and Head Americas Portfolio Strategy for the UBS Chief Investment Office, to join us on The Lighthouse today. Dan assists UBS Financial advisors and clients with asset allocation, goals-based investing, and portfolio/risk management. He talks about the Wealth Way framework and how it can deliver simplicity, transparency, a goals based framework for investing decisions, tax efficiency, performance enhancements for client investment strategies.

Mark Twain once said “History never repeats itself, but it does often rhyme." Every financial boom and bust at its core is a story of greed and fear – which are the two greatest destroyers of wealth. The antidote to greed and fear is not market timing, market expertise, or a belief in one's ability to predict the future. Rather, it is human behavior and the process for managing it that ultimately leads to financial success. Behavior is what separates the millionaire next door mechanic vs. the bankrupt Wall Street high flyer. It is the difference between focusing on the short term vs. long term, being reactive vs. proactive, having a plan vs. no plan at all. Because this topic is so important, we've invited Justin Waring, Investment Strategist with the UBS Global Wealth Management Chief Investment Office, on the show. We talk about booms and busts, how to avoid making the wrong decisions at the wrong time, and how behavioral finance can impact us all.

On this episode of The Lighthouse, we interviewed Carey Shuffman, Head of UBS Women's Strategic Client Segment, who is going to share with us some insights regarding a topic that is very important to our practice: how we can empower women to take a more active role with respects to their finances. Studies show that 8 out of 10 women will end up making financial decisions alone at some point in their life and many feel unprepared to do so. Women defer finances to their spouses for a number of reasons, and Carey and her team is focused on how to improve that trend. Carey does an excellent job of laying out the findings of her team's research with an uplifting message that inspires clients to take action.

What will be the short and longer term market and economic effects following the events that took place in 2020? Why is the market moving higher despite the pandemic and political backdrop? Where are the opportunities in the years ahead of us?

The Hatteras Wealth Management Group welcomes Mark Linsz, Co-Founder of My Next Season, to the first edition of The Lighthouse Podcast. After a successful career in banking which included a role as Corporate Treasurer for Bank of America during the financial crisis, Mark now consults individuals, families, and institutions on how they can navigate successful career and life transitions. Whether clients are retiring from demanding careers or beginning new ones, Jack and Mark have an in depth conversation about some of the best practices clients should be considering during these transitions.