Podcasts about aum

Pascal Wagner interviews Evan Polaski, digging into what 18 years across retail and multifamily have taught him about raising capital through multiple market cycles. Evan shares what it was really like trying to raise an institutional fund heading into the 2008 crisis, how the “denominator effect” froze commitments, and why that experience still shapes his view of risk today. He contrasts institutional and retail LP behavior, explains why he's gravitated back to necessity-based retail, and calls out the dangers of marketers-turned-operators who chase AUM instead of disciplined deals. Evan also walks through how he evaluates sponsors as an LP himself, what “conservative underwriting” should actually mean, and the specific questions passive investors need to ask about performance versus the original pro forma. Evan PolaskiCurrent role: Director of Capital Raising, BlackGate Partners Based in: Cincinnati, Ohio Say hi to them at: https://goblackgate.com | LinkedIn Alternative Fund IV is closing soon and SMK is giving Best Ever listeners exclusive access to their Founders' Shares, typically offered only to early investors. Visit smkcap.com/bec to learn more and download the full fund summary. Join us at Best Ever Conference 2026! Find more info at: https://www.besteverconference.com/  Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at⁠ ⁠⁠⁠www.bestevercommunity.com⁠⁠ Podcast production done by⁠ ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

While many advisors seek client referrals, an intentional approach can lead to a steadier flow of leads. Today's guest breaks down how coaching clients on making introductions and small communication tweaks can turn satisfied clients into proactive advocates, driving steady, qualified opportunities week after week. David Stevens is the President of Stevens Capital Partners, an RIA based in Omaha, Nebraska, managing $500 million in AUM for 475 households. Listen in as David shares how he's built a thriving referral engine—receiving 10 to 15 client introductions per week—by teaching clients how to make meaningful connections instead of simply "asking for referrals." You'll learn about the timing and phrasing he uses to normalize referrals during onboarding, how he uses text messaging in this process, and how his firm has adapted as it has added clients across a range of segments. For show notes and more visit: https://www.kitces.com/463

Send us a text[Original air date, November 19, 2024]  Miguel Armaza travels to Alexandria, Virginia for an in-person interview with a fintech legend: Nigel Morris, Co-Founder of QED and Capital One. QED is a global fintech venture capital firm that has backed numerous amazing companies, including Credit Karma, Nubank, Avant, SoFi, and Klarna. They currently have over $4.0 billion in AUM.Prior to QED, Nigel co-founded Capital One in 1994. The bank today is amongst the 10 largest banks in the US with almost $500 billion in assets. They are also one of the most innovative financial institutions that have inspired countless of entrepreneurs worldwide.Timestamped Overview00:00 Intro 01:25 Nigel's Background05:02 Driven by Curiosity and Empiricism09:03 Banking economics and unsecured credit10:10 Data economics and scientific method14:12 Intentional Leadership Shapes Culture18:25 NuBank exceptional net promoter scores22:37 Fintech Journey Early Stages25:06 Financial inclusions global expansion27:50 Big Tech AI Dominance33:16 Co-Founder Synergy and Longevity36:00 Effective board meeting essentials37:25 Effective Board Meetings Matter42:09 Climbing a million feet yearly44:21 Fintech empowering global changeWant more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today's global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary? Check out the Fintech Leaders newsletter and join ~70,000+ readers and listeners worldwide!Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIp

Meditación del Evangelio según San Lucas 17, 1-6 por el biblista P. Norberto Padilla, misionero claretiano.Lunes 10/nov/2025, Si siete veces vuelve a decirte: "lo siento", lo perdonarás.Canción: Tú lo llenas todo (2021), de Nelly y Carlos----------Lectura del santo evangelio según san Lucas 17, 1-6En aquel tiempo, Jesús dijo a sus discípulos: "Es inevitable que sucedan escándalos; pero ay del que los provoca. Al que escandaliza a uno de estos pequeños, más le valdría que le encajaran en el cuello una piedra de molino y lo arrojasen al mar. Tengan cuidado. Si tu hermano te ofende, repréndelo; si se arrepiente, perdónalo; si te ofende siete veces en un día, y siete veces vuelve a decirte: "Lo siento", lo perdonarás." Los apóstoles le pidieron al Señor: "Auméntanos la fe." El Señor contestó: "Si tuvieran fe como un granito de mostaza, dirían a esa morera: "Arráncate de raíz y plántate en el mar." Y les obedecería".Palabra del Señor... Gloria a ti, Señor Jesús#SoyClaretiano #Evangelio #MisionerosClaretianos #CMFAntillasIntro: Lámpara Es Tu Palabra, de Ain Karem

1) Escándalos: Los escándalos son parte de nuestra iglesia y de nuestra vida, el tema es cuánto afectan y cuánto destruyen. Hay cosas que nos escandalizan y también actitudes o actos nuestros, tuyos y míos, que escandalizan. Por ello, es importante ser prudente y pensar en lo que puede repercutir de cada actitud que generes. El problema es cuando buscas el escándalo como un impulso a ser conocido o a que te tengan presente. Recuerda que la “suerte no dura para siempre” la fama, los placeres y el poder tienen fecha de vencimiento, de caducidad. Los que tienen fama hoy, mañana serán olvidados; los que tienen un cuerpo tremendo mañana envejecerán y los que tienen poder puede que mañana mueran solos. Por tanto, no caigas en el escándalo de tu vida para que tu vida no sea un simple y complejo escándalo. 2) Cuidado: Aprende a ser cauteloso y fíjate bien con quién compartes tus alegrías y penas, porque puede ser que abras un camino que no te lleve a ningún lado. Alguna vez me pasó que, ante una difamación de una hermana, tuve que dar explicaciones de cosas que nunca dije y que nunca hice. Pero alguien sabio me aconsejó que la clave es estar quieto y en silencio para ver cómo se desarrollan las cosas y cómo se las lleva el tiempo; cuando algo es mentira el viento del tiempo se lo lleva y, cuando es verdad, tarde o temprano se manifiesta. 3) Auméntanos: La persona en la cual te estás convirtiendo es mucho más importante que la persona que fuiste. Por tanto, soltá eso viejo que te gira y aprende a mirar lo nuevo, porque todos podemos cambiar y todos cambiamos, el tema es en qué cambiamos. Seguí adelante con actitud y con fe, que con actitud y fe todo puede cambiar y todo se puede lograr. Algo bueno está por venir.

+ Evangelio de nuestro Señor Jesucristo según san Lucas 17, 1-6 Jesús dijo a sus discípulos: «Es inevitable que haya escándalos, pero ¡ay de aquel que los ocasiona! Más le valdría que le ataran al cuello una piedra de moler y lo precipitaran al mar, antes que escandalizar a uno de estos pequeños. Por lo tanto, ¡tengan cuidado! Si tu hermano peca, repréndelo, y si se arrepiente, perdónalo. Y si peca siete veces al día contra ti, y otras tantas vuelve a ti, diciendo: "Me arrepiento", perdónalo.» Los Apóstoles dijeron al Señor: «Auméntanos la fe.» El respondió: «Si ustedes tuvieran fe del tamaño de un grano de mostaza, y dijeran a esa morera que está ahí: "Arráncate de raíz y plántate en el mar", ella les obedecería.»Palabra del Señor.

Lc 17,1-6.Jesús dijo a sus discípulos: "Es inevitable que haya escándalos, pero ¡ay de aquel que los ocasiona!Más le valdría que le ataran al cuello una piedra de moler y lo precipitaran al mar, antes que escandalizar a uno de estos pequeños.Por lo tanto, ¡tengan cuidado! Si tu hermano peca, repréndelo, y si se arrepiente, perdónalo.Y si peca siete veces al día contra ti, y otras tantas vuelve a ti, diciendo: 'Me arrepiento', perdónalo".Los Apóstoles dijeron al Señor: "Auméntanos la fe".El respondió: "Si ustedes tuvieran fe del tamaño de un grano de mostaza, y dijeran a esa morera que está ahí: 'Arráncate de raíz y plántate en el mar', ella les obedecería."

Muchos más recursos para tu vida de fe (Santo Rosario, Oración, etc.) en nuestra web https://sercreyente.com________________Lunes, 10 de noviembre de 2025 (32ª Semana del Tiempo Ordinario)Evangelio del día y reflexión... ¡Deja que la Palabra del Señor transforme tu vida! Texto íntegro del Evangelio y de la Reflexión en https://sercreyente.com/ay-de-quien-provoca-escandalos/[Lucas 17, 1-6] En aquel tiempo, dijo Jesús a sus discípulos: «Es imposible que no haya escándalos; pero ¡ay de quien los provoca! Al que escandaliza a uno de estos pequeños, más le valdría que le ataran al cuello una piedra de molino y lo arrojasen al mar. Tened cuidado. Si tu hermano te ofende, repréndelo, y si se arrepiente, perdónalo; si te ofende siete veces en un día, y siete veces vuelve a decirte: “Me arrepiento”, lo perdonarás». Los apóstoles le dijeron al Señor: «Auméntanos la fe». El Señor dijo: «Si tuvierais fe como un granito de mostaza, diríais a esa morera: “Arráncate de raíz y plántate en el mar”, y os obedecería.________________Descárgate la app de SerCreyente en https://sercreyente.com/app/¿Conoces nuestra Oración Online? Más información en: https://sercreyente.com/oracion¿Quieres recibir cada día el Evangelio en tu whatsapp? Alta en: www.sercreyente.com/whatsappTambién puedes hacer tu donativo en https://sercreyente.com/ayudanos/Contacto: info@sercreyente.com

About Utsav Somani:⁠Utsav is the founder of Offline — India's most exclusive community of scaled-up tech founders. Early members include co-founders of Zomato, Country Delight, Ultrahuman, Noise, CoinDCX, and many more. He is responsible for bringing AngelList to India. AngelList India became the most active seed investor in the country with 500 investments since it's launch in 2018. He runs 2 separate funds called iSeed and Galaxy that have around $100M in AUM. Utsav has personally invested in companies like BharatPe, CoinDCX, Pristyn Care, Jupiter, Park+ along with top-tier VC firms.Key Insights:

Matt and Micah are peeling back the layers to reveal what truly counts when it comes to gauging advisor effectiveness. They expose the delusion of conventional metrics like AUM, office hours, and household numbers and reveal the real deal: the true number you need to measure. They share that it's easy to get caught up in so many other numbers that are more like a badge of honour, but considering whether those numbers are really moving you and your practice forward. Listen in to learn how to measure what matters, what's the most impactful, and how to keep moving forward with your goals. Encore Episode: Measure What Really Matters? Resources in today's episode: - Micah Shilanski: Website | LinkedIn - Matt Jarvis: Website | LinkedIn

Private markets are transforming the investment landscape — reshaping portfolios, expanding access, and driving growth across asset classes from private equity to infrastructure and private credit. Once the domain of institutions, private markets are increasingly accessible to individual investors, offering new ways to pursue diversification and long-term opportunity.In this episode of The Bid, host Oscar Pulido is joined by Cameron Joyce, Head of Research Insights at Preqin, a part of BlackRock, to explore how private markets could reshape portfolios and investment opportunities by 2030. Cameron shares why the asset class has surged from $11 trillion pre-pandemic to an expected $32 trillion by the end of the decade — and what this evolution means for investors.Together they discuss how companies are staying private longer, why liquidity dynamics are shifting, and how new fund structures are widening accessibility for individuals and retirement savers alike. Cameron breaks down the three major growth engines powering the sector: private equity, infrastructure, and private credit — and explains how megaforces like AI and energy transition are creating new opportunities within each.Sources: “Private Markets in 2030” Preqin October 2025Key moments in this episode:00:00 Introduction to why Private Markets are having a moment now01:01 Understanding Private Markets - Why companies are staying private longer — and where the value creation is shifting.02:01 Growth and Trends in Private Markets - The forecasted $32 trillion in alternative AUM by 2030 and what it means for diversified portfolios.02:46 Impact on Investment Portfolios - The rise of individual access through open-ended fund structures.06:04 Where we are in the private equity cycle — and why lower fundraising periods often precede strong returns.09:56 Infrastructure Investment Opportunities - How infrastructure is becoming a key beneficiary of AI and reshoring trends.11:51 Why private credit and direct lending are gaining momentum as banks step back from traditional lending14:20 Artificial Intelligence in Private Markets - How AI is influencing value creation within privately backed companies.16:40 Conclusion and Final ThoughtsCheck out this Spotify playlist for more content on alternative investing: https://open.spotify.com/playlist/4Fe8VwKyG5FPYekFFSksbI

In this episode, Bryce and Brendan interview Jim Hiltner of SuperState, who explains how tokenization is redefining finance by merging traditional markets with blockchain infrastructure. He discusses the success of SuperState's $1.5B in AUM across its tokenized funds and how institutions like BlackRock and Fidelity are beginning to integrate similar technology. The conversation covers macroeconomic uncertainty, the U.S.–China trade tensions, and why altcoins are lagging behind major assets like Bitcoin and Ethereum. Hiltner concludes that tokenization isn't killing crypto's revolutionary spirit—it's empowering individuals to control their assets 24/7 while preparing traditional finance for an on-chain future.Efani Sim Swap Protection: Get $99 Off: http://efani.com/crypto101Check out TruDiagnostic and use my code CRYPTO101 for a great deal: https://www.trudiagnostic.comCheck out Gemini Exchange: https://gemini.com/cardThe Gemini Credit Card is issued by WebBank. In order to qualify for the $200 crypto intro bonus, you must spend $3,000 in your first 90 days. Terms Apply. Some exclusions apply to instant rewards in which rewards are deposited when the transaction posts. This content is not investment advice and trading crypto involves risk. For more details on rates, fees, and other cost information, see Rates & Fees. The Gemini Credit Card may not be used to make gambling-related purchases.Check out Plus500: https://plus500.comGet immediate access to my entire crypto portfolio for just $1.00 today! https://www.crypto101insider.com/cryptnation-directm6pypcy1?utm_source=Internal&utm_medium=YouTube&utm_content=Podcast&utm_term=DescriptionGet your FREE copy of "Crypto Revolution" and start making big profits from buying, selling, and trading cryptocurrency today: http://www.cryptorevolution.com/free?utm_source=Internal&utm_medium=YouTube&utm_content=Podcast&utm_term=DescriptionChapters00:00 — Intro03:14 — Jim's background: from CitiBank to Compound Treasury and launching SuperState.06:56 — Overview of SuperState's funds (USTB & USCC) and the rise of tokenized assets.09:22 — Macro discussion: Fed rate cuts, inflation trends, and gold vs. Bitcoin performance.14:51 — U.S.–China tariff tension and crypto market reaction to geopolitical shocks.18:11 — The U.S. government shutdown's impact on regulation and SEC progress.22:12 — The state of altcoins and why institutional investors focus on majors like BTC, ETH, and SOL.28:48 — Deep dive into USTB and USCC fund mechanics and yields.37:01 — Opening Bell initiative: tokenizing public equities and transforming traditional markets.47:04 — Debate on whether crypto's revolutionary ethos is fading or evolving through tokenization.MERCH STOREhttps://cryptorevolutionmerch.com/Subscribe to YouTube for Exclusive Content:https://www.youtube.com/@crypto101podcast?sub_confirmation=1Follow us on social media for leading-edge crypto updates and trade alerts:https://twitter.com/Crypto101Podhttps://instagram.com/crypto_101Guest Linkshttps://superstate.com/*This is NOT financial, tax, or legal advice*Boardwalk Flock LLC. All Rights Reserved  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Fog by DIZARO https://soundcloud.com/dizarofrCreative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: http://bit.ly/Fog-DIZAROMusic promoted by Audio Library https://youtu.be/lAfbjt_rmE8▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Our Sponsors:* Check out Gemini Exchange: https://gemini.com/card* Check out Plus500: https://plus500.com* Check out Plus500: https://plus500.com* Check out TruDiagnostic and use my code CRYPTO101 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this episode, we speak with David Katz, Managing Director at Charlesbank Capital Partners, a $24 billion AUM middle-market private equity firm that spun out of the Harvard Management Company in 1998. Drawing on its endowment heritage, Charlesbank takes a research-based approach to investing across its four target sectors: business & consumer services, healthcare, industrial, and technology. The firm partners with management teams to help businesses unlock value and accelerate growth. At Charlesbank, David oversees the firm's Business & Consumer Services sector team. Since formalizing the sector in 2019, Charlesbank has been among the most active and successful private equity investors in business services, including several notable realizations. Charlesbank views the services ecosystem as offering compelling and durable opportunities for continued private equity investment. David has been with Charlesbank for nearly 13 years, during which time he has also helped to advance the firm's investing system including its “fan of outcomes” underwriting approach. He is a member of the firm's Investment Committee, and previously worked at Bain Capital and McKinsey. I am your host, RJ Lumba. We hope you enjoy the show. If you like the episode click to follow.

Finding the right firm fit (and a well-defined path to partnership) can take time—and sometimes, the courage to start over. From wirehouse beginnings to RIA partnership, Maggie Rapplean's journey shows how clarity, persistence, and the right environment can open the door to both ownership and balance. Maggie is a Partner at Moneta Group, an RIA based in St. Louis, Missouri, where she oversees $250 million in AUM for 108 client households. Listen in as she shares how her career transitions have helped her find the equity path she was seeking. We talk about how she successfully took over a retiring advisor's book of business, how she achieved a high retention rate in part by refreshing these clients' financial plans and offering deeper tax planning services, and how building her own team has helped her balance career growth with family life. For show notes and more visit: https://www.kitces.com/462

Itamar Novick, founder and General Partner at Recursive Ventures, explains how a repeat-founder's playbook shapes better early-stage investing. Itamar draws on 25 years of startup experience (including executive roles at Gigya and Life360) to describe the firm's disciplined pre-seed focus, how he evaluates founders and markets, and why AI applications built on first-party data will create the next wave of meaningful enterprise value. He shares concrete advice on what founders should share with VCs before/during the first meeting, how Recursive filters opportunities, what makes an investable TAM, and the common reasons he passes after initial interest.In this episode, you'll learn:[03:18] The journey from founder to VC and back again[07:42] How Recursive defines “pre-seed” and why focus matters[12:51] What Itamar looks forward to in the first call with a founder[18:34] Data defensibility and AI applications: where value is created[25:07] The math and reasons behind saying no[31:40] What founders misunderstand about TAM sizing[36:58] Staying emotionally resilient as a founderThe nonprofit Itamar supports: Anti-Defamation League (ADL)About Itamar NovickItamar Novick is the founder and General Partner at Recursive Ventures, a pre-seed focused venture firm investing in AI-driven applications and data-advantaged software products. Before becoming an investor, Itamar spent over two decades as a founder and operator, including leadership roles at Gigya (acquired by SAP) and Life360. His approach to venture blends hands-on operator judgment with disciplined portfolio construction and deep founder support.About Recursive VenturesRecursive Ventures is a founder-GP led fund specializing in pre-seed and seed companies building AI-powered applications with strong data defensibility. The firm operates with a focused portfolio model, quick decision cycles, and direct founder support — avoiding the AUM-driven growth strategies common in larger firms. Recursive backs founders who combine technical depth, market insight, and authentic obsession. Portfolio companies include Life360, Ring, Tile, DataJoy, Armory, Placer.ai, Deel, May Mobility, Akash Network, Tomato AI, Anjuna Security, Harmony.ai among others.Subscribe to our podcast and stay tuned for our next episode.

Choosing a custodian to hold your client assets is one of the most important decisions you'll make when transitioning your practice to the RIA model.While it might at first seem as simple as picking from the “Big 3” (formerly “Big 4”) custodians, the reality is there are close to a dozen custodial providers to potentially choose from.Differentiators amongst them include: AUM minimums, pricing, approach to technology, value proposition, service offerings, etc.In the latest episode (#135) of the Transition To RIA question & answer series I discuss how these variables will factor into your custodial decision.Come take a listen!P.S. Prefer video? You can find this entire series in video format on Youtube. Search for the TRANSITION TO RIA channel.Show notes: https://TransitionToRIA.com/what-is-the-best-custodian-to-use-with-your-ria/About Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors between $50M and $1B understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has 20+ years of industry experience, including direct RIA related roles in Compliance, Finance and Business Development. He has an MBA and has held the 4, 7, 24, 63 & 65 licenses. The Transition To RIA website (TransitionToRIA.com) has a large catalog of free videos, articles, whitepapers, as well as other resources to help advisors understand the RIA model and how it would apply to their unique circumstances.

In this episode, Filipe Portugal, Partner at Canary, sits down with Freddy Juez, founder and CEO of Karta — a fintech building U.S. credit cards for Latin Americans, without the need for a Social Security number or U.S. credit history. While Karta is still in its early days, the company is already showing strong signs of product-market fit and rapid growth, fueled by a product-obsessed mindset, user-first experience, and a unique go-to-market strategy powered by partnerships and community. Originally from Ecuador, Freddy is building a truly global business from day one: a U.S.-based company purpose-built for Brazilians and Latin American users.It’s a rare cross-border model — one that combines bold ambition with significant operational complexity. In our conversation, we explore how Karta is navigating those challenges, why customer experience is its ultimate moat, and how Freddy’s team is leveraging stablecoins, WhatsApp, and AI to unlock new efficiencies in cross-border payments and credit access. We also dive into Freddy’s founder journey — from early ventures in lending to the pivot that led to Karta — and how staying close to customers has been the foundation for everything from product development to growth.Whether you’re a founder, fintech operator, or product-minded builder, or just curious about what it takes to create financial products and infrastructure for a new generation, this episode is packed with insights on how to ship quickly, iterate fast, and build trust in one of the most competitive verticals in tech. Guest: Freddy JuezFreddy is the founder and CEO of Karta, a fintech providing U.S.-issued credit cards to Latin American customers — without the friction of traditional banks. Born in Ecuador and now based in Miami, Freddy previously founded a lending business that grew to manage over $200 million in AUM. Karta is backed by investors like Canary, Clocktower, FJ Labs, and Interaudi Bank. Follow Freddy on LinkedIn. Host: Filipe PortugalFilipe Portugal is a Partner at Canary, one of Brazil’s leading venture capital firms. Since joining the firm in 2018, he has led the investment team and built significant experience in the Brazilian and Latin American venture capital ecosystem. Follow Filipe on LinkedIn Highlights:00:00 – 02:10: Intro – Setting the Stage for Karta’s Journey02:20 – 03:32: Freddy’s Background and Early Steps as an Entrepreneur03:33 – 07:10: From Crypto Mortgages to Credit Cards: The Pivot That Sparked Karta07:10 – 10:48: The Pain of Paying in Dollars: Why Latin Americans Need Better Credit Options10:48 – 11:17: Karta’s Value Proposition for Brazilian Consumers11:20 – 12:50: What Traditional Banks Can’t Offer — and Why Karta Can12:52 – 15:00: Customer-First by Design: Building Through WhatsApp15:00 – 17:20: Product at the Core: Early Experiments and Customer-Led Iteration17:20 – 20:43: Acquisition Strategy: Scaling with Low CAC and Customer Education22:00 – 24:00: Stablecoins Behind the Scenes: How Karta Powers Cross-Border Efficiency24:00 – 27:00: AI Meets WhatsApp: 95% of Support Tickets Resolved Without Humans27:20 – 29:21: Building in Brazil Without Being Brazilian: Challenges and Advantages29:28 – 30:44 “Karta Não É Para Amadores”: Challenges of Scaling a Fintech30:44 – 32:13: Going B2C in LatAm: Opportunities and Friction32:22 – 33:15: Advice for Founders Building B2C Lending Fintechs33:23 – 35:47: Positioning Karta: Standing Out in a Crowded Cross-Border Space36:04 – 36:37: Traction Check: Key Milestones and Growth Metrics36:40 – 38:25: What’s Next: Karta’s Roadmap and Expansion Plans38:27 – 39:40: The Feedback That Proved Karta’s Impact39:40 – 41:40: Biggest Mistake, Biggest Win, and Lessons from the Journey41:48 – 42:09: What Freddy Would Tell His Younger Self42:30 – 42:50: Karta’s Vision42:52 – 43:29: Recommended Reading for FoundersRecommended content:What It Takes: Lessons in the Pursuit of Excellence by Steven Schwarzman (Book)See omnystudio.com/listener for privacy information.

Crafting a charitable giving strategy isn't just about tax efficiency—it's a way for clients to define the deeper purpose of their wealth. When advisors center generosity in both planning conversations and firm culture, they can strengthen relationships and attract values-driven clients. This episode explores how integrating charitable intent into financial planning not only expands impact, but also fuels practice growth. Zac Larson is the co-founder of IntentGen Financial Partners, a hybrid advisory firm based in Naperville, Illinois, managing $550 million in AUM for 895 households. Listen in as Zac shares how he positions clients as "engaged partners" by focusing not just on net worth but on "net impact," as well as how he uses working conversations about priorities and passions to uncover giving opportunities. You'll learn how IntentGen tracks and publishes the charitable donations it facilitates to build community trust, why the firm built its pod structure to expand advisor capacity, and how its flat-fee-plus-AUM model supports a wide range of engaged clients. Zac also reflects on hosting community fundraising events, offering personal touches like client phone calls, and why building around generosity has been key to attracting aligned clients and creating lasting impact. For show notes and more visit: https://www.kitces.com/461

Brian Feroldi discusses the current state of the stock market, providing insights on market valuations, personal investment strategies, and the impact of artificial intelligence on stock analysis. The conversation highlights the importance of sustainability in stock market growth, potential investment pitfalls, and the benefits of leveraging AI tools for detailed analyses. Key Topics & Timestamps Introduction to the State of the Stock Market (00:01:01) Overview of stock market performance in 2025, with S&P 500 recording over 15% growth year-to-date. Current Market Valuation Insights (00:02:04) Discussion on historical performance indicators and high valuation levels. "Sustained double-digit growth in the stock market isn't feasible long-term." (00:02:15) Brian Feroldi's Personal Investment Strategy (00:05:00) Brian shares his strategy of maintaining a 30% cash position during high valuations and investing 70% in the market. Importance of personal financial situations when making investment choices. Impact of AI on Stock Analysis (00:24:19) Insights on how AI can enhance stock analysis when provided with clear directives. "As long as you're giving AI clear directions, it can provide incredible analysis." (00:26:10) Audience Questions and Answers (00:30:00) Discussion on individual stocks vs. index funds and thoughts on tax implications. Benefits of Fee-Only Financial Advisors (00:53:24) Advocating for fee-only hourly consultations for transparent financial advice versus traditional AUM models. Conclusions and Future Predictions (01:03:05) Summary of Brian's thoughts on market sustainability and advice for investor strategies moving forward. Actionable Takeaways Maintain a cash reserve during high market valuations to ensure better investment opportunities. (00:06:32) Utilize AI tools for deeper stock analysis, focusing only on credible data sources. (00:26:10) Regularly consult fee-only financial advisors for actionable insights without ongoing asset management fees. (00:53:24) Key Quotes Brian Feroldi: "Investment strategies should reflect personal financial situations." (00:05:00) Brian Feroldi: "Dollar-cost averaging into total stock market index funds is just so rock solid." (00:21:27) Related Resources Notebook LLM (00:25:05) Finviz Stock Screener (00:40:09) Nectarine (00:53:24) OpenPath Financial (00:54:32) Abundo Wealth (00:54:32) Discussion Questions How has the recent performance of the S&P 500 influenced your investment strategy? (00:02:04) What role do you think AI will play in future investment decisions? (00:26:10) How do you approach high market valuations as an investor? (00:06:32)

This episode of Morning Energy Live features Ben Dell, founder and managing partner at Kimmeridge, a private equity firm with approximately $5 billion in AUM, focused on upstream energy. Ben also serves as chairman of Commonwealth LNG, an export facility in Louisiana, and CEO of Chestnut Carbon, a Kimmeridge-backed company advancing nature-based carbon removal. Whether you're tracking capital flows, policy shifts or the next wave of energy innovation, this conversation will offer sharp insights into where the industry is headed.

Michelle is the Founder and Managing Partner of Clearhaven Partners, which she founded in 2019 to build a private equity firm grounded in focus and shared values. She sets the firm's strategy and direction and chairs Clearhaven's Investment Committee. Under her leadership, Clearhaven manages more than $1 billion in AUM across multiple funds, investing in growth-oriented software and technology businesses. Michelle is responsible for firm leadership, investment origination, execution, and portfolio management.   Prior to founding Clearhaven, Michelle was a member of the investment teams at Thoma Bravo and Riverside Partners; at Riverside she served as a General Partner and member of the Investment Committee. She began her career in investment banking at Morgan Stanley. Michelle holds an MBA, with distinction, from Harvard Business School and a BBA, magna cum laude, from the University of Notre Dame. She also studied at l'Université Catholique de l'Ouest in Angers, France, and taught at Erakommertzkolledz in Tallinn, Estonia. Michelle has been recognized by The Wall Street Journalas one of private equity's most influential women and by Buyouts as one of ten “Rock Stars of Private Equity's Future.” She serves on the Advisory Board of 51 Vets.   Michelle lives in the Greater Boston area with her husband, two children, and their golden retriever. Michelle is a Christian, a music lover, and a proud alumna of the St. Charles, Illinois state champion dance team (go Saints!). She's also a novice fly fisher, having recently discovered an unexpected passion for the sport.  

Join Marina Franklin on the latest Friends Like Us podcast with special guests Jon Laster & Marlon Nichols as they dive into the world of venture capital, diversity in tech, and the untapped potential in Africa. Don't miss this insightful episode!  Jon Laster is known for One Bedroom (2018), No More Mr Nice Guy (2018) and The 2019 ESPY Awards (2019) and check out his new series An Astute Woman Web Series. He is the Founder and C.E.O. of Blapp. Blapp is a Google-based, geo-located app that will tell you all the Black businesses that are right around you. Marlon Nichols is the co-founder and managing general partner of MaC Venture Capital, a leading seed-stage firm renowned for backing visionary founders who redefine industries. Under his leadership, MaC has grown into one of North America's largest seed-stage venture firms, surpassing $600 million in assets under management (AUM). In October 2024, the firm announced the closing of its third fund ($150 million), further solidifying its influence in the early-stage investment landscape. Marlon's portfolio includes industry-defining companies such as Airspace, Blavity, FINESSE, Gimlet Media, MongoDB, Pipe, Purestream, Thrive Market, and Shekel Mobility, among others. His keen eye for transformative opportunities has earned him widespread recognition, including consecutive placements on Los Angeles Business Journal's LA500 (2022–2025) and Business Insider's Seed 100 (Top Early-Stage Investors) for four years. Additionally, he ranks 25th on the Kauffman Fellows Fund Returners Index and has been featured in PitchBook's 25 Black Founders and VCs to Watch for six years. His expertise is frequently sought by top media outlets such as Axios, CNBC, Fortune, and more. A passionate advocate for diversity and inclusion, Marlon serves on the board of Kauffman Fellows, working to expand representation for underrepresented minorities in venture capital. With a unique blend of technology acumen and leadership principles shaped by his athletic background, he actively mentors CEOs, fosters strategic partnerships, and helps founders scale their businesses into market leaders. Always hosted by Marina Franklin - One Hour Comedy Special: Single Black Female ( Amazon Prime, CW Network), TBS's The Last O.G, Last Week Tonight with John Oliver, Hysterical on FX, The Movie Trainwreck, Louie Season V, The Jim Gaffigan Show, Conan O'Brien, Stephen Colbert, HBO's Crashing, and The Breaks with Michelle Wolf. Writer for HBO's 'Divorce' and the new Tracy Morgan show on Paramount Plus: 'Crutch  

This episode is sponsored by Lightstone Direct LLC. Lightstone Direct LLC connects you to institutional-quality real estate investments backed by a $12-billion AUM firm that co-invests alongside you—your partner in building lasting wealth. All investments involve risk.  Please visit LightstoneDirect.com for a full list of disclosures. _________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit RyzeHealth.com/BootstrapMD today and see how simple running your practice can be.  _______________     What if a single oversight could jeopardize your medical practice? In this vital episode of Bootstrap MD, Dr. Mike Woo-Ming dives into the rarely discussed topic of protection for physician entrepreneurs. Drawing from personal experiences, like NPI misuse and a costly ADA lawsuit, he covers safeguarding credentials, supervising mid-level providers, ensuring digital compliance, and structuring legal defenses. From quarterly NPI audits to HIPAA-compliant tools and crisis plans, Dr. Woo-Ming shares practical strategies to prevent regulatory traps and litigation—urging physicians to act before issues arise.  A must-listen for practice owners seeking to protect their name and legacy.   Three Actionable Takeaways: Guard Your NPI Like Your House Keys: Dr. Woo-Ming learned the hard way about NPI misuse leading to fraud allegations. Audit your NPI quarterly via the NPPES registry, check CMS PECOS for unauthorized enrollments, and set Google Alerts for your name + NPI to catch misuse early.  Supervise Mid-Levels Actively: Supervising NPs/PAs means legal accountability—Dr. Woo-Ming stresses customized agreements, documented chart reviews, and malpractice coverage for supervisory roles. Start by maintaining logs of reviews and communications to prove oversight, avoiding liability gaps.  Prioritize Digital Compliance: A five-figure ADA lawsuit over uncaptioned videos taught Dr. Woo-Ming to ensure website accessibility. Use tools like WAVE Accessibility Checker, add captions to all videos, and work with vendors for accessible patient portals to avoid litigation.   About the Show: Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to escape traditional healthcare and control their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show delivers actionable insights on starting businesses, creating passive income, and navigating healthcare entrepreneurship. Featuring interviews with industry leaders, physicians, and experts in telemedicine and digital health, it's your guide to building a profitable, fulfilling career.  Tune in weekly at  http://bootstrapmd.com   About the Host: Dr. Mike Woo-Ming has over 20 years of experience as a physician entrepreneur. He's built and sold multiple seven-figure companies and now leads Executive Medical, a group of clinics specializing in age management and aesthetics. Through BootstrapMD, he mentors physicians in business, content creation, and autonomy. Let's Connect: www.https://www.bootstrapmd.com   Want to start a podcast? Check out the Doctor Podcast Network!  

Première diffusion : novembre 2023 Dans cette saison de La Traque, plongez dans l'histoire sordide de l'un des gourous les plus dangereux de l'histoire, Shōkō Asahara. Face à une société qu'il juge corrompue, Asahara s'érige en tant que guide suprême et crée la secte Aum Shinrikyo. Tel un marionnettiste, il tire les fils de 50 000 adeptes. En 1995, le gourou commandite l'une des attaques terroristes les plus meurtrières au Japon... L'ascension de la violence En quelques années, Asahara bâtit un empire estimé à près d'un milliard de dollars à l'époque où la secte est la plus influente. Aum ouvre des restaurants, des librairies, des organismes de rencontres pour adultes, et prend des parts dans des entreprises chimiques, pharmaceutiques et d'équipements techniques.… Elle s'immisce partout, dans tous les lieux et milieux sociaux. Petit à petit, la violence prend le pas et la secte se radicalise…  Pour découvrir une autre traque, cliquez ci-dessous : [INÉDIT] Mohammed Merah, le terroriste au scooter : des voyages à la rencontre des “frères” (1/4)⁠ ⁠[INÉDIT] Mohammed Merah, le terroriste au scooter : les meurtres des militaires (2/4) ⁠[INÉDIT] Mohammed Merah, le terroriste au scooter : le siège de 32 heures (3/4)⁠ ⁠[INÉDIT] Mohammed Merah, le terroriste au scooter : le début des doutes (4/4)⁠ Crédits : Production : Bababam  Textes : Pierre Serisier Voix : Anne Cosmao, Aurélien Gouas Montage : Matteo Benedetto Learn more about your ad choices. Visit megaphone.fm/adchoices

While many financial advisory firms seek to move 'upmarket' and serve high-net-worth and ultra-high-net-worth clients, these clients typically require (and often demand) a different level of service—and can benefit from a more integrated experience across legal, tax, and financial domains. For these firms, creating efficient operational systems is paramount, particularly when it comes to the processing and security of their frequent high-dollar transactions.  Stephanie Hughes is the CEO of Wiss Family Office, a multi-family office based in Florham Park, New Jersey, that oversees approximately $1 billion in AUM for 220 households. Listen in as Stephanie shares how her firm delivers a “one-stop shop” experience that reduces client stress by consolidating financial, tax, and legal services under one roof. We talk about the importance of integration and internal communication across service lines, the tools her team is building to monitor client activity and prevent fraud, and how internal workflows support the firm's high-volume, high-stakes client transactions. Stephanie also explains the value of being affiliated with a tax firm, and how that connection drives both strong referrals and immediate client trust. For show notes and more visit: https://www.kitces.com/460

This episode is sponsored by Lightstone Direct LLC. Lightstone Direct LLC connects you to institutional-quality real estate investments backed by a $12-billion AUM firm that co-invests alongside you—your partner in building lasting wealth. All investments involve risk. Please visit LightstoneDirect.com for a full list of disclosures.__________________________________________________Can improv skills transform patient interactions in healthcare?Dr. Bradley Block and Tane Danger, share how improvisation fosters essential skills like active listening, empathy, collaboration, and adaptability. Drawing from over 20 years in improv theater, Tane explains techniques such as "Yes, And" to validate patient concerns and build trust, staying present to avoid jumping to conclusions, and using nonverbal cues for better rapport. Through fun exercises like one-word stories, Tane demonstrates how these tools help healthcare professionals slow down, connect authentically, and navigate unpredictable situations, ultimately making interactions more enjoyable and effective for both providers and patients.Three Actionable Takeaways:· Stay Present and Listen Actively: In healthcare, it's easy to jump to conclusions based on experience, but staying present ensures accurate diagnoses and builds patient trust. Repeat the last thing a patient says to start your response, slowing down your thought process, demonstrating engagement, and allowing their full story to unfold naturally for better outcomes. Embrace "Yes, And": Validate patient ideas by starting responses with "Yes" to affirm what they've said, then add "And" to build collaboratively, exploring their concerns without dismissal. This fosters open dialogue, rapport, and partnership, turning potential conflicts into constructive conversations that enhance understanding and adherence to treatment plans. Incorporate Theatricality: Use exaggerated nonverbal cues, like expressive facial reactions and body language, to show genuine interest in patients' stories. This "theatricality" amplifies empathy, making interactions more authentic and helping patients feel heard, even if you're familiar with their condition, ultimately strengthening trust and the therapeutic relationship. About the ShowSucceed In Medicine  covers patient interactions, burnout, career growth, personal finance, and more. If you're tired of dull medical lectures, tune in for real-world lessons we should have learned in med school!About the Guest:Tane Danger is an improviser with over 20 years of experience performing, teaching, and directing improv theater. He is the co-founder of Danger Boat Productions, which uses improv to facilitate important conversations and improve communication and collaboration. As artist-in-residence at the Mayo Clinic Lavin Center for Humanities in Medicine, he trains healthcare professionals in improv techniques to enhance connection, empathy, and quick thinking.  Website: tanedanger.comCompany Website: dangerboat.netAbout the Host:Dr. Bradley Block – Dr. Bradley Block is a board-certified otolaryngologist at ENT and Allergy Associates in Garden City, NY. He specializes in adult and pediatric ENT, with interests in sinusitis and obstructive sleep apnea. Dr. Block also hosts Succeed In Medicine podcast, focusing on personal and professional development for physiciansWant to be a guest?Email Brad at brad@physiciansguidetodoctoring.com  or visit www.physiciansguidetodoctoring.com to learn more!Socials:@physiciansguidetodoctoring on Facebook@physicianguidetodoctoring on YouTube@physiciansguide on Instagram and Twitter This medical podcast is your physician mentor to fill the gaps in your medical education. We cover physician soft skills, charting, interpersonal skills, doctor finance, doctor mental health, medical decisions, physician parenting, physician executive skills, navigating your doctor career, and medical professional development. This is critical CME for physicians, but without the credits (yet). A proud founding member of the Doctor Podcast Network!Visit www.physiciansguidetodoctoring.com to connect, dive deeper, and keep the conversation going. Let's grow! Disclaimer:This podcast is for informational purposes only and is not a substitute for professional medical, financial, or legal advice. Always consult a qualified professional for personalized guidance. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

On this episode of After Earnings, Ann Berry sits down with Hamilton Lane Co-CEO Erik Hirsch for an in-depth conversation about the future of private markets. They discuss how Hamilton Lane is opening private capital to retail investors, why fund manager selection matters more than thematic bets in today's environment and how the firm navigates being a publicly traded company. 00:00 – Erik Hirsch Joins 00:38 – AUM vs AUA: How Hamilton Lane Makes Money 02:25 – From Consultant to Asset Manager: Hamilton Lane's Evolution 03:58 – The Co-Investment Model Explained 06:42 – The Strategic Edge of Scale and Market Insight 08:15 – What's Working in Private Equity Right Now 09:26 – From Thematic to Manager-Driven Investing 11:08 – Is Private Credit in a Bubble? 12:51 – Inside the Secondary Market Surge 16:33 – Managing a Public Company Focused on Private Assets 18:30 – The Case for Less Frequent Earnings Reporting 20:28 – Democratizing Private Markets for Retail Investors 23:54 – Expanding Retail Access 26:18 – The Trillions in Retail Opportunity 30:55 – Looking Ahead: Tokenization & the Retailization of Private Markets After Earnings is brought to you by Stakeholder Labs and Morning Brew. For more go to https://www.afterearnings.com Follow Us X: https://twitter.com/AfterEarnings TikTok: https://www.tiktok.com/@AfterEarnings Instagram: https://www.instagram.com/afterearnings_/ Reach Out Email: afterearnings@morningbrew.com $HLNE Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 71: James Tallarico and Kevin Flasch, Risk Strategies Joining me in the Tokens of Wisdom Studio today are James Tallarico and Kevin Flasch from Risk Strategies to discuss the evolving landscape of insurance in the crypto space. They delve into the differences between insurance brokers and providers, the challenges faced in obtaining adequate coverage for crypto-related businesses, and the importance of tailored insurance policies. The conversation covers essential coverages for fund managers, the evaluation of insurance costs, and common mistakes made by new managers when purchasing insurance.  Key Points From This Episode: Difference between an insurance brokerage and a provider.Insurance for the crypto space was historically inadequate.Risk Strategies created a proprietary GPL policy form for crypto.What are D&O and E&O?What other kinds of insurance should fund managers obtain?Insurance costs are influenced by assets under management (AUM).New fund managers often underinsure or misallocate costs.Understanding policy language is vital to avoid coverage gaps. Disclaimer: This show is for informational purposes only. Nothing presented here constitutes legal, investment or tax advice. The guests that join us share their considerable fund-related wisdom, but everything they share here is their personal opinion and for educational purposes only. On this show, they are speaking for themselves, and not for their employer or any affiliated entity. Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/ Links Mentioned in Today's Episode: Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/James Tallarico - https://www.linkedin.com/in/james-tallarico-466290100/Kevin Flasch - https://www.linkedin.com/in/kevin-flasch-749412339/Cole-Frieman & Mallon LLP - https://colefrieman.com/Risk Strategies - https://www.risk-strategies.com/Music by Joe Ginsberg - https://www.instagram.com/thejoeginsbergFor any questions or comments, email: tow@colefrieman.com 

My guest today is David Lynn, PhD — CEO of Unity Investment Management, a private-equity real-estate firm with nearly $1 billion AUM across 74 medical outpatient buildings nationwide. A London School of Economics PhD and MIT MBA, David cuts through macro confusion with a steady, data-driven view of where capital and demographics are really pulling the market. Driving Thesis: America's aging population and the rise of personalized medicine, longevity science, and AI diagnostics are reshaping health-care real estate. Telehealth doesn't kill in-person visits — it creates more of them. And as construction costs rise and MOB supply stays tight, low-beta sectors like medical outpatient buildings are poised to outperform high-volatility multifamily and office assets. Why it matters: We're entering a post-banquet cycle — after 15 years of ultra-cheap debt and compressed cap rates. David argues that the “easy-money era” is over, but patient investors still win through cash-flow discipline and blend-and-extend lender relationships. Medical tenants are non-discretionary and financially stable; that stability will anchor returns as rates ease and capital markets thaw. Five questions David answers: Why MOBs held their value while multifamily stumbled. How telemedicine actually drives physical visits. What AI and genomics mean for future space demand. Where we are in the cap-rate cycle (and why this may be the bottom). How tariffs, immigration, and Fed policy feed through to CRE pricing. Takeaways for sponsors & LPs: • Favor low-volatility sectors with durable cash flow. • Shorter leases can beat inflation without adding risk. • Blend and extend — don't panic-sell distress. • Watch employment and energy as deflationary signals. • AI and aging will drive demand more than interest rates. If you believe steady beats speculative, this episode maps how to navigate the new cycle with a scientist-investor's lens — one rooted in data, discipline, and durable demand. David Lynn is that rare voice who bridges macro economics and boots-on-the-ground real estate with clarity and calm. *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing.   With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection.    Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

This episode is sponsored by Lightstone Direct LLC. Lightstone Direct LLC connects you to institutional-quality real estate investments backed by a $12-billion AUM firm that co-invests alongside you—your partner in building lasting wealth. All investments involve risk.  Please visit LightstoneDirect.com for a full list of disclosures. _________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit RyzeHealth.com/BootstrapMD today and see how simple running your practice can be. _________ How can doctors launch their first practice in 2025—without going into debt or depending on outside investors? Host Dr. Mike Woo-Ming, shares his five-step launch blueprint for building a lean, profitable clinic from scratch. He begins by debunking the myth that doctors need investors, massive loans, or fancy offices to succeed. Instead, he emphasizes focusing on action, simplicity, and profitability from day one. Step one: pick a profitable niche by identifying exactly who you want to serve and the urgent problem you can solve now. Step two: build your Minimal Viable Clinic (MVC) — a streamlined version of your practice that allows you to start seeing patients quickly using low-cost tools like telemedicine, subleasing spaces, and affordable EHR systems.  Dr. Woo-Ming explains how to craft an irresistible offer centered around transformation, not just services—helping patients achieve measurable outcomes in 90 days or less. He shares proven marketing insights inspired by Alex Hormozi and offers examples of “unicorn offer statements.” Finally, he details how to attract your first patients, leverage partnerships, and systematize your operations through automation, virtual assistants, and tracking key business metrics. This episode is a must-listen for physicians seeking independence, sustainability, and control over their medical careers—without waiting for permission or capital. Three Actionable Takeaways:  Pick a Profitable Niche: Define exactly who you serve, what urgent problem you solve, and ensure you can deliver results profitably. Avoid broad audiences—clarity drives success.  Build Your Minimal Viable Clinic (MVC): Start lean using telemedicine, subleased spaces, and low-cost tech tools. Focus on momentum, not perfection—launch now, refine later. Automate and Scale Early: Use systems like EHR automation, virtual assistants, and follow-up sequences to streamline operations. Track metrics weekly to identify growth opportunities. About the Show: Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to escape traditional healthcare and control their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show delivers actionable insights on starting businesses, creating passive income, and navigating healthcare entrepreneurship. Featuring interviews with industry leaders, physicians, and experts in telemedicine and digital health, it's your guide to building a profitable, fulfilling career.  Tune in weekly at  http://bootstrapmd.com   About the Host: Dr. Mike Woo-Ming has over 20 years of experience as a physician entrepreneur. He's built and sold multiple seven-figure companies and now leads Executive Medical, a group of clinics specializing in age management and aesthetics. Through BootstrapMD, he mentors physicians in business, content creation, and autonomy. Let's Connect: www.https://www.bootstrapmd.com   Want to start a podcast? Check out the Doctor Podcast Network!  

In this episode, we speak with Bob Morse, Co-Founder and Managing Partner at Strattam Capital, a private equity firm with over $1B in AUM, partnering with founder-led B2B software and technology companies positioned to become vertical market leaders. Since its founding in 2014, Strattam has completed more than 50 partnerships—helping founders scale their teams, expand market reach, and adopt transformative technologies—including AI—to solve the customer problems they understand so well. Prior to co-founding Strattam, Bob was a Partner and Investment Committee member at Oak Hill Capital Partners and held roles at GCC Investments and Morgan Stanley. He graduated summa cum laude from Princeton and earned his MBA from Stanford, where he was an Arjay Miller Scholar. Bob was recently named a Top Software Investor of 2025 by GrowthCap. Strattam was also recognized as a Top Private Equity Firm of 2025. Bob supports USRowing Foundation. To learn more about this organization click here. I am your host, RJ Lumba. We hope you enjoy the show. If you like the episode click to follow.

Chantal Marx from FNB Wealth & Investments unpacks Ninety One's surging AUM and the drivers behind its strong growth. Karooooo CEO Zak Calisto discusses Q2 results and how the group plans to keep up last year's stellar momentum. Ninety One's Duane Cable on why the once “safe” portfolio has turned risky – and where conservative investors can still find refuge as yields tighten.

This episode is sponsored by Lightstone Direct LLC. Lightstone Direct LLC connects you to institutional-quality real estate investments backed by a $12-billion AUM firm that co-invests alongside you—your partner in building lasting wealth. All investments involve risk. Please visit LightstoneDirect.com for a full list of disclosures.__________________________________________________What happens when money, meant as a tool, becomes the driving force of our lives, sidelining health, family, and purpose?In this transformative episode of Succeeded Medicine Podcast, Carl Richards, joins Dr. Cobin Soelberg to unpack how society—especially in the U.S.—has "lost the plot" on money. Drawing from his four years in New Zealand, where he noticed a cultural shift prioritizing life over work, Carl challenges the Western tendency to make money and work the organizing principles of existence, often at the expense of sleep, health, and relationships. He shares a vivid metaphor of money as a discouraged golden retriever, earnestly trying but failing to deliver intangibles like love, happiness, or self-worth. For physicians, this resonates deeply with the pressures of high-stakes careers and financial expectations. Carl offers actionable insights: assign money specific "jobs" it can handle (e.g., funding experiences or security) while releasing it from impossible tasks (e.g., defining self-esteem). He introduces the concept of "forcing functions"—deliberate commitments like signing up for a retreat or coaching a child's soccer team—to align actions with values. Reflecting on his retreats, including a women's financial advisor event and an upcoming couples' retreat, Carl emphasizes creating safe spaces for tough conversations about risk, uncertainty, and values. He advocates for quiet reflection—whether through meditation, gardening, or mountain biking—to escape the "matrix" of comparison and competition, a trap many physicians face in demanding healthcare systems. Three Actionable Takeaways: Reframe Money as a Tool to Serve Your Values: Physicians often face societal pressure to prioritize financial success, but Carl emphasizes that money is a tool, not the goal. It excels at funding tangible needs like a secure retirement or family vacations but fails at delivering intangibles like love, self-worth, or happiness. To apply this, list your core values (e.g., family time, patient care, personal health), then evaluate your financial decisions—such as investments or practice expenses—to ensure they align with those values, reducing stress and fostering purpose.Use Forcing Functions to Drive Intentional Change: Carl's concept of "forcing functions" involves committing to actions that push you toward your desired life, even if uncomfortable. For physicians, this might mean signing up to coach your child's soccer team to prioritize family, enrolling in a mindfulness retreat to combat burnout, or scheduling regular "quiet time" to reflect on career goals.Prioritize Quiet Reflection to Escape the Comparison Trap: The healthcare system's competitive "matrix" can erode well-being, but Carl advocates for intentional pauses—through meditation, nature, or activities like mountain biking—to rediscover what truly matters. Physicians can carve out 10-20 minutes daily for journaling or mindfulness to clarify their "world," as inspired by David Whyte's Sweet Darkness. This practice counters burnout by helping you focus on what brings you alive, such as patient connections or personal growth, rather than external metrics like income or status.About the Show:Succeed In Medicine  covers patient interactions, burnout, career growth, personal finance, and more. If you're tired of dull medical lectures, tune in for real-world lessons we should have learned in med school!About the Guest Hosts: Carl Richards is a financial storyteller, artist, and author known for his "Sketch Guy" column in the New York Times. With decades in the financial sphere, he helps people re-imagine wealth through simple sketches and profound insights. His new book "Your Money: Re-Imagining Wealth in Simple Sketches," challenges conventional views on money. Carl draws from global experiences, including four years in New Zealand, and hosts retreats focused on values, risk, and decision-makingWebsite: https://behaviorgap.com Dr. Cobin Soelberg is a private practice anesthesiologist and principal advisor at Greeley Wealth Management. He focuses on financial strategies, personal development, and holistic success for healthcare professionals. Drawing from his own career, he integrates practical advice with deeper reflections on wealth and well-being. Website: GreeleyWealthManagement.com This medical podcast is your physician mentor to fill the gaps in your medical education. We cover physician soft skills, charting, interpersonal skills, doctor finance, doctor mental health, medical decisions, physician parenting, physician executive skills, navigating your doctor career, and medical professional development. This is critical CME for physicians, but without the credits (yet). A proud founding member of the Doctor Podcast Network!Visit www.physiciansguidetodoctoring.com to connect, dive deeper, and keep the conversation going. Let's grow! Disclaimer:This podcast is for informational purposes only and is not a substitute for professional medical, financial, or legal advice. Always consult a qualified professional for personalized guidance. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this short but powerful episode, Ray Sclafani tackles a topic many financial advisors avoid: pricing. As firms expand their services beyond portfolio management into multi-generational planning, tax coordination, and family governance, their value has increased, but too often, their pricing hasn't.Ray challenges advisory leaders to view pricing not as a financial figure, but as a leadership decision that impacts enterprise value, team compensation, and client perception. He breaks down the mindset and mechanics required to evolve your pricing model with clarity, confidence, and consistency.This episode is a must-listen for firms committed to delivering premium services and ready to price like it.Key TakeawaysMost advisory firms are undercharging, not because clients can't pay more, but because firms haven't clearly defined and communicated their value.Legacy pricing models (flat AUM basis points) are misaligned with modern, complex service offerings.Advisors must embrace clarity, confidence, and consistency in how they present pricing.Top firms are evolving with tiered basis points, flat planning fees, and project-based pricing to reflect complexity.Find Ray and the ClientWise Team on the ClientWise website or LinkedIn | Twitter | Instagram | Facebook | YouTubeTo join one of the largest digital communities of financial advisors, visit exchange.clientwise.com.

Welcome back to the Alt Goes Mainstream podcast.Today's episode is with an experienced asset allocator who has operated at the intersection of insurance and asset management throughout his career.We sat down in Prudential's Newark studio with  PGIM's Head of Multi-Asset and Quantitative Solutions, Phil Waldeck. Phil is responsible for nearly $140B in AUM, where the business unit leverages PGIM's deep public and private markets expertise for the purpose of developing customized portfolio solutions to meet insurer and other investors' unique objectives. Phil previously served as Chief Transformation Officer at Prudential, CEO of Prudential's Workplace Solutions Group, and as president of Prudential's retirement business, which comprised of $250B in assets. Phil was also the architect of Prudential's pension risk transfer business, which he grew to over $170B. Phil and I had a fascinating conversation about the intersections between insurance and asset management. We covered:The evolution of how insurers allocate to private markets.The importance of asset liability management.How insurers are leveraging their balance sheet to invest in private markets and collaborate with alternative asset managers.How insurance and asset management interact and the benefits of an integrated platform.How PGIM's $1T in public and private credit informs how they invest.Why insurers are allocating to private credit.Thanks Phil for sharing your perspectives and wisdom on insurance and private markets. We hope you enjoy.A word from AGM podcast sponsor, Ultimus Fund SolutionsThis episode of Alt Goes Mainstream is brought to you by Ultimus Fund Solutions, a leading full-service fund administrator for asset managers in private and public markets. As private markets continue to move into the mainstream, the industry requires infrastructure solutions that help funds and investors keep pace. In an increasingly sophisticated financial marketplace, investment managers must navigate a growing array of challenges: elaborate fund structures, specialized strategies, evolving compliance requirements, a growing need for sophisticated reporting, and intensifying demands for transparency.To assist with these challenging opportunities, more and more fund sponsors and asset managers are turning to Ultimus, a leading service provider that blends high tech and high touch in unique and customized fund administration and middle office solutions for a diverse and growing universe of over 450 clients and 1,800 funds, representing $500 billion assets under administration, all handled by a team of over 1,000 professionals. Ultimus offers a wide range of capabilities across registered funds, private funds and public plans, as well as outsourced middle office services. Delivering operational excellence, Ultimus helps firms manage the ever-changing regulatory environment while meeting the needs of their institutional and retail investors. Ultimus provides comprehensive operational support and fund governance services to help managers successfully launch retail alternative products.Visit www.ultimusfundsolutions.com to learn more about Ultimus' technology enhanced services and solutions or contact Ultimus Executive Vice President of Business Development Gary Harris on email at gharris@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.Show Notes00:00 Message from our Sponsor, Ultimus01:23 Welcome to Alt Goes Mainstream Podcast02:03 Guest Introduction: Phil Waldeck03:29 Insurance and Asset Management Intersection04:51 Understanding Asset Liability Management (ALM)05:41 Liquidity and Private Markets07:08 ALM in Wealth Management10:44 Private Credit and Insurers11:31 Private Credit Flavors and Strategies12:42 Origination and Credit Culture14:32 Talent and Culture at PGIM15:06 Private Credit's Role in the Economy17:01 Borrowers Choosing Private Over Public Credit18:36 Public and Private Credit Blurring Lines19:00 Global Credit Capabilities20:09 Fewer Manager Relationships in Private Markets24:57 Challenges in Private Markets27:02 Underwriting Discipline in Private Credit27:34 Private Credit Market Growth30:22 Global Opportunities in Private Credit31:01 Future of Private Markets31:30 Regulatory Framework and Governance31:57 Educating Investors on Private Markets33:06 Creating the Perfect Private Credit Portfolio33:57 Diversification in Private Credit34:36 Advisors' Role in Private Credit Investing35:07 Wealth Channel Choices and Shelf Space35:53 Farm to Table Analogy in Private Credit37:32 Talent and Scale in Private Credit38:54 Maintaining Culture in Large Firms39:33 Conclusion and Final ThoughtsThe opinions expressed in this podcast are those of the author and do not reflect the views or opinions of PGIM, Inc. PGIM, Inc. is not responsible, endorses nor confirms its accuracy. All trademarks and other intellectual property used or displayed are the ownership of their respective owners. Unless noted otherwise in this podcast, PGIM, Inc. is not affiliated with, nor  endorses any mentioned company or any linked third-party content. PGIM and its affiliates may develop and publish research that is independent of, and different than, the recommendations contained herein. PGIM's personnel other than the author(s), such as sales, marketing and trading personnel, may provide oral or written market commentary or ideas to PGIM's clients or prospects or proprietary investment ideas that differ from the views expressed herein.Editing and post-production work for this episode was provided by The Podcast Consultant.

Given the high stakes involved (and the desire to provide high-quality service) when working with clients, it can be tempting for financial advisors to lean into perfectionist tendencies. However, doing so can sometimes lead to overwork and potentially burnout, particularly as a firm grows over time. Lisa Brown is the President of Greenwood Gearhart, an RIA based in Fayetteville, Arkansas, managing $1.8 billion in AUM for 1,070 households. In this episode, Lisa shares how her firm's early culture of “urgent perfectionism” led to overwork amongst firm leaders and team members alike, and why she developed a new leadership mantra: “calm excellence.“ Listen in as we talk about how Greenwood Gearhart redesigned workflows to reduce team burnout, eliminated meetings and ensured those that remained focused on high-leverage activities, and created the conditions for sustainable growth—for clients, teams, and firm leaders alike. For show notes and more visit: https://www.kitces.com/458

This week, Jack Sharry talks with Rob Pettman, President of TIFIN. Rob brings more than 20 years of leadership experience across wealth management, investment platforms, and financial technology.  Before joining TIFIN, Rob served as Executive Vice President of Wealth Management Solutions at LPL Financial, where he oversaw the firm's investment product distribution, retirement business, advisory platforms, and research organization, managing over $70B in AUM. During his 19-year tenure, he helped lead LPL through its rapid growth to $1.4T in assets and more than 22,000 advisors. Jack and Rob talk about how AI is changing the way wealth and asset management firms grow and operate. Rob also shares how TIFIN uses AI to improve the overall growth of these businesses and how those who embrace AI as a growth engine are reaping the benefits through organic client growth, advisor enablement, and enhanced decision-making. In this episode: (00:00) - Intro (01:49) - How advisory firms can use AI to their advantage (04:22) - Strategic use cases for AI (06:03) - The evolving results of AI implementation (08:37) - How TIFIN uses AI for wealth and asset managers (14:47) - The process of refining AI capabilities (16:47) - The current state and future outlook for AI adoption (20:12) - The characteristics of firms leading in AI adoption (22:17) - Rob's key takeaways (24:23) - Rob's interests outside of work Quotes "Just doing AI for better experiences doesn't create commercial value. And so actually having these specific problems to solve with the intended outcome in mind is really where it's at." - Rob Pettman "Traversing multiple systems in financial services or wealth management is still a problem. There are solutions for this now where AI can actually straddle all of these disparate systems and put together a holistic view of the client relationship, the portfolio, and how they are doing relative to the plan." ~ Rob Pettman "Some of the firms that are furthest ahead have the ability to operate with speed. They try to minimize distributed decision-making and have an accountability mindset that enables decisions to actually occur faster." ~ Rob Pettman Links  Rob Pettman on LinkedIn TIFIN LPL Financial Connect with our hosts LifeYield Jack Sharry on LinkedIn Jack Sharry on Twitter Subscribe and stay in touch Apple Podcasts Spotify LinkedIn Twitter Facebook In 2024, SEI made a strategic investment in TIFIN.

Send us a textWhat does it really mean to be a "quant investor"? How do quantitative strategies fit into a modern portfolio? And what does it take to break into a quant investing career path?In this episode, we sat down with Stacie Mintz, Head of Quantitative Equity at PGIM (one of the world's largest asset managers, with $1.4tr in AUM). Stacie's team oversees $60bn in quantitative equity strategies, and she joins us to break down what quant investing is, how it differs from other investment philosophies, what the role of human oversight is relative to AI, and what skills are essential for breaking into the field.From factor investing and natural language processing to how quants think about risk and portfolio construction, this is a no-nonsense inside look at the world of systemic investing. We also do some myth busting work (spoiler alert: quant investing isn't just AI and algorithms gone wild), the evolving role of artificial intelligence, and why communication skills often matter just as much as your coding ability.Whether you're just starting out in your career or you're an investor trying to understand how systematic strategies complement traditional fundamental analysis, this conversation is a crash course in Quant Investing 101.For a 14 day FREE Trial of Macabacus, click HERE Access the free replay of the Masterclass here!Presale access for our newly launched Fixed Income self-paced course here: https://thewallstreetskinny.com/fixed-income-sales-trading-investing/#fixed-income-sales For 20% off Deleteme, use the code TWSS or click the link HERE! Sign up for our LIVE Virtual Bootcamps! 2-Day Financial Modeling Bootcamp Master the technical Excel and accounting skills essential for investment banking, private equity, and fundamental investing. (Learn more HERE) Global Markets & Investing PlaybookA one-day crash course on the financial ecosystem, perfect for anyone seeking a big-picture understanding of how global markets and Wall Street fit together. Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. (Learn more HERE)

+ Evangelio de nuestro Señor Jesucristo según san Lucas 17, 3b-10 Dijo el Señor a sus discípulos: «Si tu hermano peca, repréndelo, y si se arrepiente, perdónalo. Y si peca siete veces al día contra ti, y otras tantas vuelve a ti diciendo: "Me arrepiento", perdónalo». Los apóstoles le dijeron al Señor: «Auméntanos la fe». Él respondió: «Si ustedes tuvieran fe del tamaño de un grano de mostaza, y dijeran a esa morera que está ahí: "Arráncate de raíz y plántate en el mar", ella les obedecería. Supongamos que uno de ustedes tiene un servidor para arar o cuidar el ganado. Cuando este regresa del campo, ¿acaso le dirá: "Ven pronto y siéntate a la mesa"? ¿No le dirá más bien: "Prepárame la cena y recógete la túnica para servirme hasta que yo haya comido y bebido, y tú comerás y beberás después"? ¿Deberá mostrarse agradecido con el servidor porque hizo lo que se le mandó? Así también ustedes, cuando hayan hecho todo lo que se les mande, digan: "Somos simples servidores, no hemos hecho más que cumplir con nuestro deber"». Palabra del Señor

Lc 17,3b-10.Por lo tanto, ¡tengan cuidado! Si tu hermano peca, repréndelo, y si se arrepiente, perdónalo.Y si peca siete veces al día contra ti, y otras tantas vuelve a ti, diciendo: 'Me arrepiento', perdónalo".Los Apóstoles dijeron al Señor: "Auméntanos la fe".El respondió: "Si ustedes tuvieran fe del tamaño de un grano de mostaza, y dijeran a esa morera que está ahí: 'Arráncate de raíz y plántate en el mar', ella les obedecería."Supongamos que uno de ustedes tiene un servidor para arar o cuidar el ganado. Cuando este regresa del campo, ¿acaso le dirá: 'Ven pronto y siéntate a la mesa'?¿No le dirá más bien: 'Prepárame la cena y recógete la túnica para servirme hasta que yo haya comido y bebido, y tú comerás y beberás después'?¿Deberá mostrarse agradecido con el servidor porque hizo lo que se le mandó?Así también ustedes, cuando hayan hecho todo lo que se les mande, digan: 'Somos simples servidores, no hemos hecho más que cumplir con nuestro deber'.»

Bitcoin rallies to $121K as BlackRock's ETF cracks top 20, hash rate hits 1 zettahash milestone, mining stocks surge 624%, and ordinals show signs of life. Uptober is absolutely delivering. “Uptober” is absolutely delivering Bitcoin pushes $121K with BlackRock's iShares Bitcoin ETF breaking into the top 20 ETFs by AUM - a meteoric rise for an asset that was "a scam" according to Larry Fink just two years ago. Hashrate hits the historic 1 zettahash milestone, mining stocks see 624% gains led by AI pivots, and ordinals collections pump double digits. The gang breaks down ETF inflows, network security, and why this cycle's retail is hiding in plain sight. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: • Bitcoin trading at $121K, nearing ATH • BlackRock's ETF entered top 20 ETFs by AUM • Hashrate reached 1 zettahash milestone • US ETFs saw $675M single-day inflow Oct 1st • Mining stocks up 624% since June (Iris leading) • Ordinals collections up double digits on week Timestamps 00:00 Start 00:27 Pump it UP 02:08 IBIT Breaks Top 20 ETFs 09:09 Hashrate 21:18 Ordinals are SO BACK! -

Don and Tom tackle Americans' retirement fears, highlighting a survey where one in five say it would take “a miracle” to retire securely. They stress the importance of planning over wishful thinking, cover the risks of recency bias, taxes, and underestimating longevity, and explain why flexibility—delaying Social Security, working part-time, downsizing, or even using a reverse mortgage—may be essential. Listener questions include a 30%+ ETF return (AVDV), the new rules allowing 529 rollovers to Roth IRAs, and a deep dive into Facet Wealth versus Northwestern Mutual, with a reminder about low-cost index investing and the value of fiduciary advice. 0:04 How confident Americans are about retirement security 1:37 “It would take a miracle” vs. “You need a plan” 2:37 The value of professional reviews and planning tools 3:52 No perfect time to retire, recency bias, and government as your “partner” 5:08 Retirement timing compared to parenthood decisions 6:06 The limits of Social Security and lifestyle realities 7:18 Adapting by working longer, delaying Social Security, or reducing expenses 8:25 Cutting wants, working part-time, or considering home equity solutions 9:23 Reverse mortgages and staged retirement strategies 10:03 Purpose, social life, and health in retirement 11:25 Listener question: international ETF with a 30%+ return (AVDV up 38% YTD) 13:02 Why diversification matters for capturing those “30 percenters” 13:22 Listener question: 529 rollovers to Roth IRAs and beneficiary changes 16:21 Listener case study: RN nearing retirement, Facet vs. Northwestern Mutual 18:07 Facet's flat annual fee structure compared to traditional AUM fees 20:54 The pitfalls of Northwestern Mutual's high fees and insurance roots 23:34 When to hire a fiduciary and why $1.5M+ means it's time 25:30 Advisor costs vs. DIY investing, plus an extended “haircut analogy” 27:13 Shout-out to AI-generated Talking Real Money show art Learn more about your ad choices. Visit megaphone.fm/adchoices

My guest today is Ryan Severino, Chief Economist & Head of Research at private equity real estate shop, BGO ($89 billion of AUM), who cuts through the macro noise with a practical roadmap for real estate sponsors and their investors.   Driving Thesis: A new administration: slower immigration, volatile trade policy, and accelerating AI. These three forces are reshaping growth, hiring, space demand, and cap rates. If you're waiting for “inflation down → all clear,” you'll miss the real drivers.   Why it matters: The biggest hit was capital-markets math. If the Fed guides toward neutral (where the Fed's actions neither stimulate nor restrains economic growth) and the long end eases (10/30 year treasury yields come down), origination, transactions, and pricing can recover faster than fundamentals. Durable investment returns still come down to labor, not inflation headlines.   Five questions Ryan answers: Today's savvy investors should be looking at what? What is the cleanest macro signal for CRE? Tariffs vs. uncertainty; what's worse? Rate cuts: boon or “sugar rush”? Where will AI hit property first? Takeaways for sponsors & LPs: Underwrite to jobs, not CPI (inflation) chatter. Get hyper-local; this is a geography-led cycle. Favor durable demand pools (workforce housing). Expect a capital-markets thaw before a fundamental boom. Treat uncertainty as baseline; build flexibility into debt and expand equity capital sources. If you're separating signal from noise, this episode re-anchors the playbook: watch payrolls, heed forward guidance, underwrite locally, own real demand.   According to ChatGPT's analysis of Ryan's historical predictions, he has ‘called the cycle's shape better than most; no overreaction to inflation, no premature recession warnings, and consistent recognition of labor market strength and capital flow dynamics. That's a rare track record, especially in a market where even top-tier macro shops have missed big turns.'   Ryan's the real deal – hardly any wonder he's Chief Economist at an $89 billion AUM shop.   *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing.   With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection.    Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

In this Friday Q&A edition of Talking Real Money, Don tackles listener questions ranging from the dangers of options trading and critiques of Dave Ramsey, to building a simple 60/40 portfolio, comparing flat-fee versus AUM advisors, and whether international bonds deserve a spot in a portfolio. Along the way, he mixes in humor, candid pushback, and practical advice while emphasizing clarity, simplicity, and the importance of asking good questions. 0:04 Intro, gratitude for enough listener questions to fill a show 1:20 Why Don won't recommend any book on options trading 3:29 Caller defends Dave Ramsey and critiques Don & Tom's take 5:55 Don responds, clarifies criticisms, and acknowledges Ramsey's positive impact 8:00 Portfolio question from Andy: building a 60/40 with a value tilt 11:14 Flat fee vs. AUM advisors—when each makes sense 13:41 Bond question: Fidelity vs. Vanguard total bond funds, and role of international bonds 17:27 Don on thick skin as a talk show host and why critique is welcome Learn more about your ad choices. Visit megaphone.fm/adchoices

Scaling a solo advisory firm into a thriving team-based business takes more than strong systems—it takes a shared sense of purpose and values that guide every decision. This episode explores how one advisor used a living “Blueprint” to align her team, empower her staff, and create a consistent, values-driven client experience. Hilary Hendershott is the founder of Hendershott Wealth Management, an RIA based in San Jose, California, overseeing $260 million in AUM for 150 client households. Listen in as she shares how her firm's "Blueprint" (anchored by individual callings, an ultimate intent, and a firm-wide promise to create safety and openness) shapes internal culture and client communication alike. You'll learn how this document differs from a traditional mission statement, how it evolves with team input, and how it supports key business decisions.  For show notes and more visit: https://www.kitces.com/456

0:04 Why your home isn't part of your investment portfolio 0:26 The myth of the American Dream and why owning may not make sense 1:33 A buyer's remorse story from Atlanta 2:35 $3,000/month to own vs. $1,200/month to rent 3:34 Hidden expenses: $13,000 sewer connection surprise 4:31 “I can't sell my house” = “I won't lower the price” 5:35 Housing returns: even hot markets underperform stocks 6:19 Divorcees sharing homes to keep a 2% mortgage 7:35 Why paying off a low-rate mortgage often makes no sense 8:45 Don and Tom both bought homes for lifestyle, not wealth 10:13 Florida: where houses go to die (and get re-roofed) 11:33 Owning a home is not a prerequisite for wealth 12:48 How to send voice questions (seriously, do it) 14:18 Listener Q: 401(k) with limited options—how to balance Roth IRA 15:25 Fund strategy: AVUV and AVDV combo 16:44 Listener Q: Why not mention charitable remainder trusts? 17:27 Listener Q: Are flat-fee advisors better than AUM? 19:00 Hourly advisor costs and why they seem high 20:35 Outro: Tell a friend, save them from financial doom Learn more about your ad choices. Visit megaphone.fm/adchoices

Hemant Taneja is the CEO and leader of General Catalyst, the firm he has scaled over the last decade into one of the largest with over $40BN in AUM. He has been one of the most influential investors of the past two decades, leading early bets in Stripe, Snap, Gusto, Samsara, Grammarly, and Canva. He also played a pivotal role in Livongo's $18.5B merger with Teladoc, one of the largest digital health deals in history. AGENDA:  00:00 Introduction  03:37 Is Hemant a CEO or an Investor? 05:42 With $40BN AUM Is General Catalyst Still a VC Firm? 12:11 Has Trump Done More to Hurt or Help the US? 13:25 No One is Talking About the True Impact of AI on Jobs 21:30 Is Hemant Concerned by the Concentration of Value in MAG 7?  27:30 Has Trump Done More to Hurt or Help the US? 30:27 GC's Anthropic Investment: Upside from a $60BN Price  37:06 Do Margins Matter in a World of AI 45:23 Does Revenue Growth Matter in a World of AI  49:39 Why it is BS to Turn Down a Company Based on Price 56:06 We Have Invested $5BN Into Stripe Over 14 Rounds 01:00:02 VC is About To Be Flooded with Retail Investment: What Does It Mean for VC 01:08:51 “What I Learned Losing the Series A of Snap, Stripe, Samsara” 01:11:25 Future of Venture Capital: Walmart vs Chanel    

My guest today is Jeff Horing. Jeff cofounded Insight Partners and has been the Managing Director since 1995. This is one of Jeff's first public conversations about building one of the world's most successful technology investment firms with over $100 billion in AUM. Jeff reveals the mechanics behind Insight's legendary sourcing machine—60-80 people systematically calling companies worldwide. He explains their contrarian "one fund" strategy that deploys $12 billion across everything from $10M growth deals to billion-dollar buyouts, and why he thinks this creates unmatched competitive advantages. We discuss remarkable talent diaspora, AI representing a "TAM accelerator," and Insight's five-ingredient framework for perfect investments. Please enjoy this great conversation with Jeff Horing.  For the full show notes, transcript, and links to mentioned content, check out the episode page ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠⁠ ----- This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ramp⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Ramp's mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ramp.com/invest⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to sign up for free and get a $250 welcome bonus. – This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ AlphaSense⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Invest Like the Best listeners can get a free trial now at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Alpha-Sense.com/Invest⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and experience firsthand how AlphaSense and Tegus help you make smarter decisions faster. – This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ridgeline⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Head to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ridgelineapps.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more about the platform. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thepodcastconsultant.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠). Show Notes: (00:00:00) Welcome to Invest Like the Best (00:08:35) Insight Partners' Investment Strategies (00:13:06) Evaluating Software Businesses (00:22:51) The One Fund Strategy (00:29:32) The Evolution of Insight's Sourcing Strategy (00:35:09) Operationalizing the Sourcing Process (00:44:43) Adapting to Market Changes and Strategies (00:49:45) Navigating Market Corrections and Investment Strategies (00:51:40) Challenges and Opportunities in Venture Buyouts (00:54:12) Talent Development and Retention at Insight (00:56:03) The Importance of Sourcing and Pattern Recognition (01:02:08) Scaling and Operationalizing Investment Strategies (01:20:24) Impact of AI on Investment and Software Markets (01:27:40) Reflections on Winning and Selling Strategies (01:30:34) The Kindest Thing Anyone Has Ever Done For Jeff

Executive pay packages are complicated—which often leads to these individuals leaving money on the table. From equity negotiations to non-compete clauses, the right financial advisor can help clients fight for what they're worth. In this episode, we dig into how advisors can create real value for their clients during career transitions. Emily Shacklett is a Managing Director at Fairport Wealth, a practice within Hightower Advisors that manages $4.8 billion in AUM for 2,000 households. Listen in as Emily shares how she guides executives through every aspect of their compensation package, from salary and bonuses to stock options and workplace flexibility. We also talk about how she also offers value by determining when these clients would benefit from coordinating with an attorney (and having a list of vetted partners ready when they do), how she conducts educational events targeted at individuals who fit her ideal client profile, and her own path to leadership in her practice. For show notes and more visit: https://www.kitces.com/455

In a season of Stillness, but I'm still here. ❤️‍