The Patti Brennan Show

In this episode, Patti Brennan sits down with Lee Cohen, Advisor Consultant at New York Life, to pull back the curtain on how financial professionals are selected, evaluated, and trusted to help guide your financial future. From one small trade to a full-fledged partnership, Patti and Lee walk through the exact moment their professional relationship began—and the standards that must be met before anyone is brought into the fold. You'll learn why Key Financial vets every firm behind the scenes, how "wholesalers" are evolving into true advisor consultants, and how these unseen partnerships quietly shape your portfolio's performance.

In Part 2 of this special series, Patti continues her conversation with Lee Cohen of New York Life Investments, diving deeper into what makes a financial partnership truly valuable. From economic insights to real-time market context, Lee shares how trusted professionals support advisors behind the scenes—so clients can feel confident up front. Patti also shares a candid story about how deep listening (and a clean house!) became the most meaningful part of a client meeting, underscoring how human needs and financial advice are often more connected than we think.

In this episode, Patti Brennan is joined by embodiment coach Natalie Angeloni to discuss how personal experiences can influence financial decision-making. Patti shares how the Key Financial approach helps clients feel empowered, prepared, and confident about their future, no matter where they are starting from.

This week on The Patti Brennan Show, Patti sits down with Lauren Goodwin, Economist and Market Strategist at New York Life Investments, for an incredible deep dive into one of the most important trends shaping our future: Artificial Intelligence. Lauren's team recently published a powerful Mega Trends white paper on AI, and this episode breaks it all down — from the evolution of generative AI to what it means for your investments, your work, and your life. 

Patti sits down with Roy Moëd, founder of Lifebook Memoirs, to discuss how his company helps families create beautiful, lasting legacies through in-person interviews and custom-made books. Roy shares how the power of storytelling began with his own father and grew into a mission to help others preserve priceless memories and values that are often lost over time. From heartwarming stories of grandparents to powerful reminders about the impact of loneliness and the wisdom that can be passed down through generations, this episode will inspire you to think about legacy in a whole new way.  

In this episode, Patti Brennan takes a deep dive into the dominance of the U.S. economy, exploring why the U.S. stock market continues to outperform international markets and whether diversification still matters. She breaks down key factors like GDP growth, reserve currency status, and capital market strength, while also discussing the risks of overconcentration and why global investing shouldn't be ignored. If you're looking to better understand market trends and smart investment strategies, this is the episode for you!  

In this episode, Patti Brennan takes a deep dive into the dominance of the U.S. economy, exploring why the U.S. stock market continues to outperform international markets and whether diversification still matters. She breaks down key factors like GDP growth, reserve currency status, and capital market strength, while also discussing the risks of overconcentration and why global investing shouldn't be ignored. If you're looking to better understand market trends and smart investment strategies, this is the episode for you!

In this Ask Patti Brennan segment, we're tackling a big question making waves in the market: Is the tech sector overvalued and headed for a crash? Or are we just scratching the surface of its potential?

This week on The Patti Brennan Show, we're diving into a crucial conversation about market trends, diversification, and smart investment strategies for 2025. With record-breaking market performance in 2024 and increasing uncertainty in global markets, how should you position your portfolio? Join Patti Brennan and Brad Everett as they break down what's happening in the economy, the risks of overconcentration, and the hidden opportunities investors should consider.

In this episode of The Patti Brennan Show, Patti Brennan sits down with Key Financial's Chief Investment Officer, Brad Everett, to break down the most pressing financial topics of the year. From Federal Reserve policies and their impact on interest rates to the upcoming 2025 election and its potential influence on the economy, this episode covers it all.

This episode is next in the podcast series, #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions. These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked) question.  In this episode, Patti explores an important but often overlooked topic: long-term care. While not always a cheerful subject, having a plan is crucial. Long-term care not only improves the quality of life for those who rely on it but also eases the strain on family caregivers, enabling them to preserve their own health and well-being.  

This episode is next in the podcast series #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions.  These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked) question. In this episode, Patti discusses inherited IRAs and the common misconceptions surrounding them. It's a critical topic where a lack of understanding can lead to significant penalties.

This episode is next in the podcast series, #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions.  These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked) question. In this episode, Patti discusses what to do if you have a sudden wealth event…winning the lottery, receiving an inheritance, or finding out your company is going public. 

In this episode of The Patti Brennan Show, guest host Carrie Brennan sits down with her mother, Patti Brennan, for a heartfelt conversation about Patti's remarkable journey. From earning a nursing degree at Georgetown University and working in the ICU at Lankenau Hospital to founding Key Financial Inc. in 1990, Patti shares how she discovered her true passion for financial planning and her desire to help others. She also discusses her upcoming book, Am I Going to Be Okay?, set to be published on November 26, 2024. Don't miss out on this episode of The Patti Brennan Show!

In this episode of The Patti Brennan Show, guest host Michael Brennan, CFP and son of Patti Brennan, joins Patti to chat about recent conferences she has attended. Michael actually runs the show today! From New York to Las Vegas, Patti has been traveling, speaking with, and interviewing some bright minds. This podcast focuses on today's most relevant issues, with Patti sharing insights gained from her experiences with remarkable people in the industry. Don't miss out on this episode of The Patti Brennan Show!  

In this episode of The Patti Brennan Show, guest host Eric Fuhrman, our Chief Planning Officer, joins Patti to discuss the Corporate Transparency Act. This is a very important topic as federal law requires certain companies to report information about their beneficial owners to the U.S. government by January 1st, 2025.  Companies that meet specific criteria must file a Beneficial Ownership Information (BOI) Report within the Financial Crimes Enforcement Network (FinCEN). Don't miss out on this episode of The Patti Brennan Show!  

In this episode of The Patti Brennan Show, guest host Michael Brennan joins Patti to discuss the Presidential Cycle Theory. The concepts of the sophomore slump and the third-year bump are particularly intriguing. Michael explores whether the Key Financial team can align rates of return with the sitting president, analyzing if returns truly correlate with presidential terms. Don't miss this insightful episode of The Patti Brennan Show!

This episode is next in the podcast series, #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions.  These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked) question. In this episode, Patti recaps the trends related to the aging process, retirement, and the different phases we all go through.

This episode is next in the podcast series #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions. These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked) question. In this episode, Patti talks about Back Door Roth's. There are three important things to keep in mind, and Patti breaks down each of these in a very simple way!  

  Here's a revised version of your text: In this episode of The Patti Brennan Show, guest host Michael Brennan joins Patti, Rory, and Matt (from our planning and investing team) to explore the impact of an election year, including the uncertainty it can bring to the market. Together, this insightful group dives into election-year statistics, myths, and everything in between. And this is just the beginning! With so much to cover on this topic, we'll return with Part 2 as the election draws closer. Be sure to catch this episode of The Patti Brennan Show!

In this episode of The Patti Brennan Show, guest host Michael Brennan joins Patti to discuss the symposium that Michael attended at MIT. Michael was beyond excited to travel to Boston to be with so many brilliant minds. He learned so much about the latest and greatest discoveries regarding retirement and its stages. The four pillars of retirement focus on what people are most concerned about - purpose, health, family, and finances.  Join us for an informative conversation about longevity, otherwise known as life planning.  Don't miss out on this episode of The Patti Brennan Show!

This episode is next in the podcast series, #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions.  These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked) question. In this episode, Patti discusses 529 plans. What you don't know can hurt you, so Patti peels back the onion by discussing how to maximize all the benefits that a 529 can offer.    

In this episode of The Patti Brennan Show, guest host Brad Everett, our Chief Investment Officer, joins Patti to discuss the differences between stocks and bonds. Patti and Brad explain how one can own a small share of a company or maybe a small slice of debt with a repayment plan. They also discuss different types of stocks and bonds. Join us for an exciting conversation about how to differentiate between a stock and a bond. Don't miss out on this episode of The Patti Brennan Show!  

In this riveting episode of The Patti Brennan Show, Guest Host Eric Fuhrman is joined by the esteemed John Nersesian, Head of Advisor Education at PIMCO, for an in-depth exploration of family wealth planning. Eric and John discuss the importance of families talking about money. It sets expectations and values for your loved ones in addition to being a healthy conversation.   Culturally, Americans are not comfortable talking about money. However, children need to understand it so they can be confident when making financial decisions throughout the course of their lives. When money is passed down from generation to generation, there should be a process in place to help make it more seamless.  Join us for a fantastic conversation so you are prepared for family wealth planning. Don't miss out on this riveting episode of The Patti Brennan Show!  

This episode is next in the podcast series, #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions.  These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked) question. In this episode, Patti discusses when and where to take RMD's.  From unknown IRA rules to updated laws, it is not uncommon for people to be very confused on this subject matter.  Patti talks about the dos and don'ts she has discovered over the years. 

In this latest episode of "The Patti Brennan Show," Patti Brennan and Brad Everett delve into the intricate dynamics shaping the mid-year economic landscape of 2024. They navigate through diverse market scenarios, the impact of persistent inflation, and strategic considerations as we approach a pivotal election season.

In this riveting episode of The Patti Brennan Show, Guest Host Eric Fuhrman is joined by the esteemed John Nersesian, Head of Advisor Education at PIMCO, for an in-depth exploration of the groundbreaking Secure Act 2.0. As they unravel the complexities of this transformative legislation, Eric and John delve into its profound implications for America's retirement landscape. With John's wealth of experience and Eric's insightful questions, listeners gain invaluable insights into navigating the evolving financial terrain. From discussing the significance of Secure Act 2.0 to exploring practical strategies for maximizing its benefits, this episode offers a wealth of knowledge and expertise. Tune in to discover how you can leverage this legislation to secure your financial future and achieve your goals. Join us for a dynamic conversation that underscores the importance of continuous learning, adaptability, and informed decision-making in today's ever-changing financial world. Don't miss out on this enlightening episode of The Patti Brennan Show!  

In this insightful episode of "The Patti Brennan Show," Patti is joined by the insightful and entertaining Sam Baez for an engaging discussion on the current economic landscape. Patti and Sam explore key events, market timing, and the importance of focusing on individual financial goals.  Highlights from the episode include:  Market Timing & Time Travel: Sam uses a fun time-travel concept to explain why predicting market movements is impossible. Reflecting on 2023: A look back at major events like the SVB collapse and the ongoing Russia-Ukraine conflict and their impact on the markets. Investment Strategies: The importance of planning for personal goals such as retirement, buying a home, and saving for college rather than reacting to market noise. Client-Centric Approach: How Key Financial prioritizes clients' unique needs and long-term goals over market headlines.    

In this insightful episode of "The Patti Brennan Show," Patti delves into a common yet crucial question: "Where should my next dollar go?" Whether you're navigating surplus cash flow, pondering retirement contributions, or considering the implications of after-tax investments, Patti provides valuable guidance tailored to your unique financial goals. From establishing emergency funds to exploring investment options like Roth conversions and 529 plans, Patti's expertise empowers listeners to make informed decisions and secure their financial futures. Don't miss out on this illuminating discussion that can transform the way you approach your finances.    

In this episode, Patti welcomes Alison Owen, president and founder of Turks Head Wines, a budding enterprise poised to bring the West Coast wine experience to the East Coast. With Alison's 20 years of corporate success and her leap into the wine industry, listeners are in for a treat as they explore Alison's journey from corporate America to vineyards, discussing the courage to pursue passion, building a brand, and creating a community around wine education and enjoyment.

On this week's episode of “The Patti Brennan Show”, we present a vital episode in our "Ask Patti Brennan" series, focusing on the cornerstone of financial stability: the emergency fund. Host Patti Brennan navigates through practical advice and insights, emphasizing the critical role of emergency funds in weathering life's uncertainties, whether it's a job loss, unexpected expenses, or economic downturns. With a blend of optimism and realism, Patti delves into the nuances of emergency fund management, from determining the ideal amount based on individual circumstances to strategic allocation options. Through relatable anecdotes and expert guidance, listeners gain a deeper understanding of why an emergency fund isn't just a financial cushion but a strategic necessity for navigating life's twists and turns. Tune in to "The Patti Brennan Show" for actionable advice on securing your financial future with wisdom and care.  

In today's episode, Patti welcomes Josh Owen, Regional Vice President at Principal Financial Services, into the studio to discuss nonqualified deferred compensation plans. These are popular benefits that provide key high-earning employees with a tax-advantaged way to build retirement savings. This is a powerful tool to help CEOs recruit, retain, and reward executives. Many governmental taxation rules restrict the amount of money these highly compensated employees can contribute to tax-deferred plans, like a 401K, so these deferred compensation plans can give serious recruiting and retention advantages to CEOs. Patti and Josh's review of the advantages and disadvantages of these plans will help any business owner determine if this is a beneficial tool for retaining their top earning employees.

In this episode of The Patti Brennan Show, host Patti Brennan addresses the common question of whether to use extra cash to pay off debts, emphasizing the importance of understanding one's goals behind debt repayment. Patti advises caution when using emergency funds to pay off debts, highlighting the need to maintain financial safety nets. She delves into considerations regarding different types of debts, such as credit cards and mortgages, focusing on the importance of analyzing tax implications and long-term financial outcomes. Patti encourages listeners to seek professional advice and emphasizes the significance of making decisions that align with individual financial security and peace of mind. Throughout the show, Patti underscores the importance of realistic financial planning for sustainable long-term outcomes.  

In this episode of "The Patti Brennan Show," host Patti Brennan continues her conversation with Johanna Kyrklund, Chief Investment Officer at Schroders, who shares her insights on the economy and the paradigm shift known as the 3D Reset. This is part 2 of a two-part series.  Kyrklund discusses the three key trends shaping the economic landscape: demographics, decarbonization – focused on climate change, and deglobalization. She explains how these factors are leading to a new investment regime characterized by a shift in the trade-off between growth and inflation. Kyrklund points out that interest rates are fundamental to how everything is priced in the financial world, which results in big implications on how investors will manage their money.  Patti and Johanna also discuss proper asset allocations between US and International investment tools based on the 3D Reset.

In this episode of "The Patti Brennan Show," host Patti Brennan interviews Johanna Kyrklund, Chief Investment Officer at Schroders, who shares her insights on the economy and the paradigm shift known as the 3D Reset. Kyrklund discusses the three key trends shaping the economic landscape: demographics, decarbonization, and deglobalization. She explains how these factors, accelerated by the COVID-19 pandemic, are leading to a new investment regime characterized by a shift in the trade-off between growth and inflation. Kyrklund emphasizes the importance of understanding the policy divergence among different economies and provides insights into the implications for various asset classes, including bonds. The conversation touches on the unique challenges and opportunities this significant structural shift presents, offering listeners valuable perspectives on navigating the evolving financial landscape.

In today's episode, Patti welcomes Chief Investment Officer Brad Everett for a forward-looking Economic Outlook on 2024. Addressing the backdrop of a political campaign, ongoing wars, geopolitical risks, and high interest rates, their discussion provides insights into crucial financial considerations for listeners. From references to 'Back to The Future' to reflections on the Phillies' 2023 season, Patti and Brad deliver an entertaining and educational conversation, highlighting the significance of individualized financial planning, time horizons, and rational decision-making. Tune in for valuable insights and a commonsense perspective on navigating the evolving economic landscape.

One of the most common areas of confusion investors have throughout their lives involves insurance.  How much coverage is enough?  And there are so many types of coverage – which is best for my needs and my situation?  There are so many issues to consider when reviewing various plans. In today's episode, Patti defines the various coverages and explains the scenarios that determine which coverage is best. It is the next in the podcast series, #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions.  These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked) question.  

Patti welcomes Tim King, Senior Vice President at John Hancock Investments, into the studio to discuss the intricacies of selling a business. Tim has a Certified Exit Planning Advisor designation, and he shares his expertise with Patti as they discuss the nuances of successfully putting your business up for sale and getting top dollar. There are actions that can derail a sale, and there are specific steps to take in advance of the decision to sell, which can set a business owner up for success. Whether you are a business owner looking to sell your business or looking to pass your company on to a family member, Patti and Tim break down the best ways to do so.

Patti welcomes Bernadette Hunter, the Director of Client Engagement for Key Financial, into the studio to discuss the top financial mistakes people make that can sabotage their retirement plans.  Patti also reveals the top habits that can help set people up for success in their retirement. It is never too early in a career to engage in those habits that, decades later, produce big results. Patti believes there are specific, actionable steps to take in three seasons of life that are critical to successful retirement planning. Listen today to find out what they are!

Today's show is the second episode of a two-part series, where Patti invites John Nersesian of PIMCO Investment Management into the studio.  John is the head of Advisor Education at PIMCO, providing advanced wealth management and planning techniques, as well as investment consulting education to financial professionals.  In this episode, Patti and John discuss the record-breaking charitable giving statistics for 2022 in the United States and then take it a step further by offering several strategies that make charitable giving more impactful. These are intentional steps that have tax benefits as well as allowing the donor to be more intentional in their giving. This episode also educates the listener in a variety of advanced planning tools that could be of significant value if one is looking to add philanthropy into their estate planning.  

Today's show is part one of a two-part series, where Patti invites John Nersesian of PIMCO Investment Management into the studio. John is the head of Advisor Education at PIMCO, providing advanced wealth management and planning techniques, as well as investment consulting education to financial professionals. In this episode, Patti and John discuss the importance of year-end planning – how to implement various strategies and take specific opportunities that can help protect and grow your portfolio. They discuss the importance of taking those opportunities to implement fundamental strategies throughout the year – not just at year end. John also provides a helpful checklist available on our website to all listeners. 

This episode is the next in the podcast series, #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions.  These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked) question.  One of the most frequent questions we hear is should we combine our accounts now that we are married?  This question does not just apply to young couples, it also applies to second and third marriages – which can also complicate issues, particularly when young children are involved. There is not a set answer to this question because there are many considerations involved.  Patti sets out the pros and cons of each as she tackles this complicated topic.

Patti welcomes Kristopher Thompson, a Planning and Portfolio Consultant with Key Financial, Inc., to the studio to discuss one of the hottest topics in the news today – Artificial Intelligence. AI is revolutionizing almost every industry, from medical to software to financial services.  Machine learning is collecting massive amounts of data that have been gathered and stored for decades and using it to solve problems, create new medicines, and so much more!  AI is more than just ChatGPT – what does our future look like?  Will jobs be eliminated?  What should we be concerned about, and what are the implications of how we approach financial planning?  Tune in to hear their candid conversation and learn some key takeaways that may impact everyone's future.

Patti welcomes Cathy Saunders, Head of Corporate Sustainability and Public Policy for Putnam Investments, again into the studio to discuss the “building blocks” for designing an outstanding client experience. Cathy identifies four key standards that have stood the test of time in delivering excellent service to enhance any client experience. These standards are not necessarily industry disrupters or require innovative technology, but if performed consistently, are almost guaranteed to result in increased customer/client loyalty and satisfaction. Whether you are part of a small team or large organization, adopting these four standards could significantly improve your clientele's experience and satisfaction.  

As investors consider different streams of income during their retirement years, annuities often come up in conversation.  To some, it is a viable alternative; to others, it is a very confusing and sometimes misunderstood alternative. There are multiple considerations to consider when researching annuities, and Patti breaks down the risks and advantages of each. What may be a great annuity option for one individual may also be detrimental to someone else.  How does one decide if an annuity fits within a financial plan? This episode will answer that question and more.  It is the next in the podcast series #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions.  These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked) question.    

Patti welcomes Tate's Bake Shop Founder Kathleen King into the studio to hear her incredible story of building her business from a small farmstand to the multi-million-dollar company it is today.  Kathleen started her cookie-making business at 11 years old with pure resilience and grit.  She is brutally honest when discussing the mistakes that led to her losing her business, only to pick herself back up to rebuild.  The lessons learned from Kathleen's experience were the key to her success.  Anyone thinking of following a dream to open their own business will certainly find inspiration in this episode!  

In today's episode, Patti welcomes Planning and Portfolio Consultant, Sam Baez for a mid-year assessment of what exactly happened to the 2023 New Year discussions regarding a looming recession.  Was America hit with the recession that many pundits predicted?  Patti and Sam define what needs to happen in the economy to warrant a recession and then discuss the extenuating circumstances that may have spared our country from a full-blown recession. While most investors hope to avoid a recession, Patti and Sam articulate that the goal should really be to endure it – and they give plenty of tips on how to do that!  

As the majority of the baby boomer generation is well into retirement mode, and the earliest born in Gen X is beginning to think about retirement, one of the most significant expenditures during that last season of life will be medical expenses.  Nobody ever plans on getting in an accident, or being diagnosed with an illness or debilitating disease, but prudent investors must plan for the possibility of needing long-term healthcare coverage. With the myriad of plans and options out there to consider, Patti dedicates this episode to discussing as many healthcare coverage options as possible in retirement.  There are nuances and considerations for each alternative, and Patti breaks down the risks and advantages of each. This episode is the next in the podcast series, #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions.  These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked) question.    

Patti welcomes Cathy Saunders, Head of Corporate Sustainability and Public Policy for Putnam Investments, into the studio to discuss the lessons both have learned in developing leaders on their teams.  Working alongside the top leaders in the financial services industry, Saunders lists the five pillars of leadership that all great leaders have in common. Whether part of a community, a team, or a corporation, we all have the potential to be influential leaders and effect change.  Patti and her guest share personal stories of identifying talent in various disciplines of life and the common thread they've seen as leaders are developed.  

This episode is next in the podcast series, #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions.  These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked) question. In today's episode, Patti combines her experience as a mother of four with her expertise as a financial planner to share practical ideas for every parent whose children are officially “launching” into adulthood.  From income tax savings and strategies to salary protection, Patti lists several action steps for parents to utilize and share with their adult children.  There are so many opportunities available that many people are not aware of.  This is definitely an episode to take notes on and share with those you care about!

Today's episode is a special re-broadcast of FS Investments' Head-to-Head Podcast, a podcast series that interviews the brightest minds, innovative thinkers, and thought leaders in the financial services industry.  In today's episode, Patti Brennan is asked to tell her story.  How did Patti go from being a young ICU nurse to one of the nation's top-recognized financial advisors?  It is an illuminating and inspiring story for anyone thinking they'd rather be following a dream they are not actually living – it's never too late to follow your passion!