Podcasts about buckingham strategic wealth

In this episode of Money & Meaning, host Jeff Bernier welcomes back Larry Swedroe, author, consultant, and former Director of Research at Buckingham Strategic Wealth. They explore how retirees and pre-retirees can construct portfolios that reduce risk, smooth returns, and withstand market shocks. Larry breaks down key principles of evidence-based investing, the importance of understanding risk tolerance, and the evolving role of alternative assets like private credit and reinsurance in modern portfolios. Topics covered: Defining ability, willingness, and need to take investment risk Understanding the three-legged risk assessment framework for retirement planning The philosophy and principles behind evidence-based investing Core criteria for evaluating investment assets and risk factors Why beating the market is increasingly difficult for active managers Strategic use of factors like value, quality, momentum, and small-cap stocks Introduction to private market investments and their role in reducing sequence risk Characteristics and advantages of reinsurance, private credit, and infrastructure The role of illiquidity as a feature—not a bug—in long-term investing Shifts in the accessibility and cost of alternative investments How retirees can improve risk-adjusted returns through smarter diversification Common misconceptions around timing and liquidity in private markets Evaluating alternatives based on implementation cost and diversification Useful Links:  Jeff Bernier on LinkedIn  Larry Swedroe on LinkedIn  Larry Swedroe on Substack  TandemGrowth Financial Advisors

Today, I'm speaking with Larry Swedroe. Larry is the former Chief Research Officer at Buckingham Strategic Wealth, an accomplished author with 18+ books on investing, and a true pioneer in evidence-based investing. He's also a well-known advocate for cutting through the financial media noise to focus on strategies that actually work. In Larry's latest book, Enrich Your Future: The Keys to Successful Investing, he distills decades of financial wisdom into 40 powerful stories that make investing principles easy to understand and apply. In our conversation, Larry shares the science behind behavioral finance and explains why most investors fall prey to emotional biases, media hype, and market timing traps. We also dive into why passive investing remains a leading strategy among investors, how to truly measure risk, and why a globally diversified portfolio beats stock-picking in the long run.  GET FREE ACCESS TO LARRY'S BOOK TITLED, ENRICH YOUR FUTURE: THE KEYS TO SUCCESSFUL INVESTING Here's all you have to do... Step 1.) Subscribe to the podcast and leave an honest rating & review over on iTunes. Step 2.) Text the word BOOK to 866-599-4491 and we'll make sure you get signed up for free. It's that simple! In this podcast interview, you'll learn: Why passive investing isn't just a trend—it's a game-changer for wealth-building. The biggest mistakes investors make and how to avoid them. The difference between risk and uncertainty, and why most investors get it wrong. Why the market is smarter than any single investor and what that means for your portfolio. How to structure an investment portfolio based on empirical research, not emotions. The surprising link between retirement, purpose, and mental health—especially for retired men. Show Notes: RetireWithPurpose.com/494

In this episode, I'm joined by Larry Swedroe, a thought leader in evidence-based investing and former Chief Research Officer at Buckingham Strategic Wealth. Larry has authored over 18 books that have shaped the way people think about personal finance, and now, after 28 years in the industry, he's sharing the most valuable lessons he's learned in retirement planning and investing. In this episode, we dive into his latest book, Enrich Your Future: Keys to Successful Investing. Through 40 captivating stories, Larry exposes the myths and misconceptions that many investors hold, often perpetuated by Wall Street, and replaces them with clear, actionable strategies.  From understanding how overconfidence derails financial success to learning how to balance risk as you approach retirement, this conversation offers invaluable guidance for anyone looking to achieve financial independence. You will want to hear this episode if you are interested in... [1:33] Larry's process for writing a book [7:33] How the industry has embraced passive investing [17:19] Using tennis to explain the difficulties of active management [21:20] Why do we think we can outperform the market?  [26:57] What approach is prudent for most people? [30:08] Should retirees focus on dividend-producing investments?  [35:02] How to determine the amount of risk to take in your portfolio [39:23] Diving into the concept of indexed annuities  Resources Mentioned Retirement Readiness Review Subscribe to the Retire with Ryan YouTube Channel Connect with Larry Swedroe on LinkedIn The Only Guide to a Winning Investment Strategy You'll Ever Need Think, Act, and Invest Like Warren Buffett Your Complete Guide to a Successful and Secure Retirement Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact Subscribe to Retire With Ryan

We know it's challenging, but should you try your hand at stock picking? It's fun, it gives you something to talk about at parties, but is it profitable? Larry Swedroe, Head of Financial and Economic Research at Buckingham Strategic Wealth, which manages or advises on $70 Billion in client assets, speaks with Barry Ritholtz about the challenges of picking stocks. Only a few people have been successful at it over time, and they have become household names. Most of the rest have not earned their costs.See omnystudio.com/listener for privacy information.

Markets go up and down as news breaks, companies miss earnings estimates, and economic data disappoints. It's not too hard to see why staying the course can be a challenge for investors. Larry Swedroe, Head of Financial and Economic Research at Buckingham Strategic Wealth, which manages or advises on $70 Billion in client assets, speaks with Barry Ritholtz about the best ways to navigate through this sea of noise and stay the course.See omnystudio.com/listener for privacy information.

In this episode of Intelligent Money Minute, I had the pleasure of interviewing Larry Swedroe, head of Financial and Economic Research at Buckingham Strategic Wealth, on what an intelligent investor […] The post What An Intelligent Investing Should Do with Market Outlooks appeared first on Intelligent Investing.

In this episode of Intelligent Money Minute, I had the pleasure of interviewing Larry Swedroe, head of Financial and Economic Research at Buckingham Strategic Wealth, on what an intelligent investor […] The post What An Intelligent Investor Should Do When an Asset Class Falls Out of Favor appeared first on Intelligent Investing.

In this episode of Intelligent Money Minute, I had the pleasure of interviewing Larry Swedroe, head of Financial and Economic Research at Buckingham Strategic Wealth, on the topic of whether […] The post Is Bitcoin a Good Inflation Hedge appeared first on Intelligent Investing.

Digital communication has largely replaced traditional communication, but putting pen to paper still holds deep and timeless meaning. The simplicity and sincerity encapsulated within a handwritten letter are unparalleled, transcending the boundaries of modernity. Despite instant messaging and emails, handwritten notes are a remarkable way to convey kindness, encouragement, and the desire for genuine connection. In this episode, Steve talks with Elizabeth Cottrell. Elizabeth is the award-winning author of HEARTSPOKEN: How to Write Notes That Connect, Comfort, Encourage, and Inspire. Elizabeth's career has taken her from published leprosy researcher to stay-at-home mom, community leader serving on nonprofit and corporate boards, ham radio operator, writer, editor, and blogger. Her expertise and passion for note writing came at just the right time to touch a pandemic world desperately in search of connection.  An experienced technical and nonfiction writer and editor, Elizabeth talks with Steve about the simple yet often underutilized communication method of handwritten notes. She shares stories about the power of handwritten, heart-spoken notes and reveals her note-writing formula to inspire others.   Key Takeaways [02:39] - What inspired Elizabeth to write the book, HEARTSPOKEN. [05:46] - How HEARTSPOKEN connects with the practice of writing notes and messages for others. [10:14] - Why the advisor and people business is not a money business. [11:58] - The power of handwritten notes in sales and advisory practices. [15:52] - What it takes to write a note. [17:39] - Elizabeth's secret notes formula. [20:38] - How handwritten notes compare to technology-delivered notes. [22:19] - Elizabeth's recommendation on how often to write notes. [25:07] - The advice Elizabeth gives when writing notes. [30:39] - What drives Elizabeth to pursue her passion every day.   Quotes [10:33] - "We need to get our customers or prospects to know, like, and trust us. But until we treat them as people and we interact with them and cultivate that human-to-human relationship, that kind of relationship is not going to happen." ~ Elizabeth Cottrell [15:28] - "If you get a note from somebody you've done business with, that unexpected touch makes you stand out and can help develop those relationships over time." ~ Elizabeth Cottrell [31:26] - "When I can empower somebody, and I can see the light go on that they realize that this pen and paper are a powerful, effective, and inexpensive connection tool that they can use to spread their own kindness and their own encouragement and their own connection, then that completes the circle for me. It's a circle of connection. It's good for me, and it's good for business." ~ Elizabeth Cottrell   Links  Elizabeth Cottrell on LinkedIn Elizabeth Cottrell on Twitter Heartspoken HEARTSPOKEN by Elizabeth Cottrell on Amazon Bruce Herbert Douglas Conant Campbell Soup Company All the Best by George Bush 25 Inspirations and Prompts for writing HEARTSPOKEN Notes and Letters   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

The transition of ownership within a firm can be a challenging process for both clients and advisors alike. It's at this point where the delicate balance of trust, transparency, and open communication becomes so important. While a change in ownership or leadership can stir feelings of uncertainty and concern, advisors who have established trust and transparency with their clients are better equipped to handle these changes. In this episode, Steve talks with Matthew Delaney, Managing Partner at JDH Wealth Management. His passion is working with people and helping them get their arms around their financial world. Having left Smith Barney (now Morgan Stanley) in 2005, Matt brought his knowledge of big-box financial advising to the boutique firm of JDH Wealth. His firm is now close to $400 million in collective assets. A second-generation financial advisor, Matt talks with Steve about navigating the big changes in transitioning and owning an advisory business. He shares his insights on what he learned that works and doesn't work when going through an ownership change. Matt also discusses the importance of transparency and open communication in client relationships during the transition process and the value of being involved in all aspects of the business.   Key Takeaways [01:54] - How JDH Wealth Management was founded. [06:01] - The lessons Matt learned from his experience working in the brokerage industry. [10:29] - An overview of the team at JDH Wealth Management. [11:33] - The client profile that is best suited for JDH's services. [12:40] - The process of changing ownership for JDH. [17:50] - What worked and what didn't when Matt took over JDH. [21:57] - The challenges related to the process of transitioning advisors. [25:25] - The mindset of staying involved and trusting the process of others. [30:52] - How Matt handles difficult clients. [37:26] - What motivates Matt to feel enthusiastic about the work he does for his clients?   Quotes [08:55] - "I've told advisors on the broker side that it's not that clients mind paying fees. The problem is that they're often hidden." ~ Matthew Delaney [25:52] - "It's so important for advisors to have a sense of what goes on day-to-day and behind the scenes and be close to the details that are the backbone of our business." ~ Matthew Delaney [31:21] - "Over the years, I've gotten better at recognizing that life is too short to work with people you don't want to work with or don't let you do your job." ~ Matthew Delaney   Links  Matthew Delaney on LinkedIn JDH Wealth Management Adam Birenbaum Your Retirement Bodyguard   Connect with our host Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners  onTwitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Advisors, much like educators, understand the importance of clear communication. They attempt to simplify complex concepts without diluting their essence. Pursuing this solution drives advisors to explore innovative ways to engage, educate, and empower their clients. In this episode, Steve talks with Ross Riskin, Chief Learning Officer at Investments & Wealth Institute as well as Founder and Chief Creative Officer at visiWealth. Ross is recognized as a thought leader and expert in tax planning, college planning, student loan advising, and advice engagement. At visiWealth, Ross helps advisors and financial professionals access high-quality visuals of wealth management and financial planning concepts and strategies that are advisor-driven and client-focused.   With the goal of helping advisors enhance their teaching level, Ross talks to Steve about the importance of advisors learning the many ways clients learn to help with adding ways they teach their solutions. He emphasizes using visuals to simplify complex concepts and bridge the understanding gap between family members across generations. Ross also shares the three C's framework— comprehension, curation, and communication, as a guide for advisors to effectively educate their clients.   Key Takeaways [03:05] - What inspired Ross to help advisors become better teachers? [05:23] - The three C's for simplifying and communicating financial information. [09:00] - The importance of having a system for curating and storing content. [11:37] - How advisors can earn the trust of investors. [17:17] - How life cards can help in the client's discovery process. [20:49] - The significance of timing when providing advice. [22:36] - Why visuals are important in helping people understand financial planning strategies. [23:45] - How visiWealth uses visuals to help advisors deliver advice. [27:57] - Common mistakes advisors make when giving advice. [30:30] - How advisors can leverage technology to do things that matter most. [35:40] - What motivates Ross to keep going each day.   Quotes [04:06] - "We, as advisors, are trying to find that simple solution to how we communicate and get things across. We are also looking for scalability and standardization to get more efficient to serve more people." ~ Ross Riskin [07:22] - "You can't be an effective receiver of knowledge without comprehension. And you can't be an effective giver of knowledge if you don't know where people are at."~ Ross Riskin [12:37] - "There still are high trust levels in teachers and educators to some degree that have been there for decades. So, how do you gain that trust as an advisor? It's a knowledge transfer. It's trust in a relationship. It's 'I'm here to help you but also here to listen to you.'" ~ Ross Riskin   Links  Ross Riskin on LinkedIn Investments & Wealth Institute visiWealth American Institute of Certified Public Accountants Adam Holt Asset-Map   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Numbers can often obscure the essence of wealth. However, the heart of wealth management lies in the stories, dreams, and aspirations of the individuals underlying the figures. In this episode, Steve talks with Michael Mahoney, Owner of Cypress Asset Management. Before becoming a wealth manager, Michael had a successful business in commercial insurance. His life experiences as an entrepreneur in insurance and financial planning eventually led him to his calling — to serve a select group of clients as a fee-only, fiduciary, strategic life-wealth planner. Michael is confident that a financial plan based on the client's unique goals, values, and relationships reduces risk and increases financial security. With over 30 years of experience in insurance and financial planning, Michael shares with Steve how he transitioned from the insurance business to wealth management. He discusses the challenges he faced during the 2008 financial crisis and the lessons he learned from that experience. Michael also emphasizes the importance of focusing on the planning aspect of wealth management and building strong relationships with clients and their families.   Key Takeaways [01:47] - The role Cypress Asset Management plays in wealth advisory. [04:15] - How Michael got into the wealth management space. [05:37] - Why Michael transitioned from insurance to wealth management. [07:36] - The challenges Michael faced when he launched his firm. [08:42] - The biggest lesson Michael learned during the recession. [10:03] - How Michael discovered Dimensional Fund Advisors. [13:39] - Michael's client experience with portfolio planning. [15:27] - The importance of engaging multiple generations in the planning process. [20:15] - How Michael gauges the effectiveness of his business. [22:29] - Michael's approach to working with high-net-worth clients. [25:08] - One of Michael's favorite things about RIA. [26:35] - What motivates Michael to keep doing what he does.   Quotes [12:42] - "The portfolio drives the investing. It's the whole core. But it's all about planning around people, their families, their relationships and values, and what's important to them." ~ Michael Mahoney [13:25] - "The world's catching up even on the brokerage side. Brokers are seeing the light and understanding that there's a better way to invest than just being transactional and selling products. It's all about the plan." ~ Michael Mahoney [16:58] - "People don't want to talk about money a lot, and it's sad. You've got two choices. You cannot talk about it, keep it a secret, wait until you die, and let your will do all the talking. Or you can have the conversation, get feedback, and pass your values on and what's important to you." ~ Michael Mahoney   Links  Michael Mahoney on LinkedIn Cypress Asset Management Dimensional Fund Advisors Merrill Lynch John Bowen Creating Equity Vanguard   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

In this episode of Intelligent Money Minute, I had the pleasure of interviewing Larry Swedroe, head of Financial and Economic Research at Buckingham Strategic Wealth, on the topic of whether […] The post Is Gold a Good Inflation Hedge? appeared first on Intelligent Investing.

Today on the podcast, we welcome back author and financial educator, Manisha Thakor. Manisha's new book is called MoneyZen: The Secret to Finding Your “Enough.” She is also the founder of MoneyZen, a financial education consultancy. In addition to her latest book, Manisha is the co-author of two books with Sharon Kedar: On My Own Two Feet, published in 2007 and updated in 2013, and Get Financially Naked, which came out in 2009. Prior to founding MoneyZen, Manisha was vice president of Financial Well-Being at Brighton Jones. Before that, she was director of Wealth Strategies for Women at Buckingham Strategic Wealth. Earlier in her career, Manisha held positions at several investment management firms, including Fayez Sarofim, Sands Capital Management, and Atalanta/Sosnoff Capital. Manisha is a chartered financial analyst and a certified financial planner. She received her bachelor's degree in American Studies from Wellesley College and her MBA from Harvard Business School.BackgroundBioMoneyZenMoneyZen: The Secret to Finding Your “Enough,” by Manisha ThakorOn My Own Two Feet: A Modern Girl's Guide to Personal Finance, by Manisha Thakor and Sharon KedarGet Financially Naked: How to Talk Money With Your Honey, by Manisha Thakor and Sharon KedarThe Cult of Never EnoughEnough: True Measures of Money, Business, and Life, by Jack BogleFayez SarofimDerek Thompson“Perfectionism Is Increasing, and That's Not Good News,” by Thomas Curran and Andrew P. Hill, Harvard Business Review, Jan. 26, 2018.“Does More Money Correlate With Greater Happiness?” by Michele W. Berger, penntoday.upenn.edu, March 6, 2023.Other“Manisha Thakor: Beware of ‘Junk Personal Finance,'” The Long View podcast, Morningstar.com, July 20, 2021.MoneyzenquizMary LoVerde

As a new breed of investors emerges, they bring with them unique perspectives, aspirations, and ambitions. This tech-savvy and forward-thinking generation demands a level of engagement and planning that is far more in-depth and tailored to their specific circumstances and goals.  In this episode, Steve talks with Andy Krafft, Financial Planner at Luminary Wealth. Andy is a nextgen advisor who joined his father's firm over five years ago after a successful career at Ernst & Young. Andy serves late millennials and early Gen Xers. With a burning desire to work directly with clients, Andy talks about his thought process of serving next-generation clients, the three Ts of client experience, and how he uses LinkedIn to find new clients and referrals.   Key Takeaways [02:25] - How Andy became a member of Luminary Wealth. [04:19] - Andy's professional background before joining Luminary Wealth. [06:19] - The reality of working directly with clients. [08:46] - Challenges and benefits of working remotely. [10:56] - Andy's thought process as a next-generation advisor. [20:12] - The three Ts of client experience. [22:27] - How Andy uses LinkedIn to find new clients and referrals. [28:46] - How Andy educates his clients about various financial services.  [33:10] - The role of AI in financial advisory services. [35:21] - Andy's favorite thing about his work.   Quotes [12:34] - "Next-gen clients have different needs and wants. They want more of a partner than an advisor who is just there to tell them what to do. They want somebody who can help guide them and help them think through big life decisions." ~ Andy Krafft [20:56] - "Clients are hiring us because they want a detailed answer. They don't want something that they could get on Google." ~ Andy Krafft  [33:10] - "AI will roll out new tools that allow us to offload some of the work we don't want to do. But it will never replace that human aspect of it. As long as we're working with humans, there will always be a human element that can't be replaced." ~ Andy Krafft   Links  Andy Krafft on LinkedIn Andy Krafft on Twitter Luminary Wealth Scott Krafft Robert Rachlow EY MoneyGuidePro eMoney Advisor   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Trusts have long been essential for wealth management and estate planning, enabling individuals to protect and distribute their assets according to their wishes. However, navigating the trustee industry can sometimes feel like stepping into a maze of legal jargon, complicated procedures, and an array of options that can overwhelm even the most experienced advisors. In this episode, Steve talks with Christopher Holtby, Co-Founder of Wealth Advisors Trust Company. At Wealth Advisors Trust Company, Christopher applies his business building, love of learning, and operational and wealth management expertise gained at Ernst & Young. His role includes learning and facilitating knowledge around the trustee industry to assist in choosing a trust company. Christopher has co-authored two white papers, “Directed Trusts Made Simple” and the “Trusteed IRA”, and authored one published peer-reviewed paper, “An Advisors Roadmap to the Trustee Industry.” Committed to educating and empowering advisors to help clients understand their options regarding trust services, Christopher demystifies the corporate trustee concerns advisors may have. He talks about how advisors can avoid being flanked by attorneys during trust discussions and why having a generational wealth transfer conversation with a client is important.   Key Takeaways [02:47] - Why Christopher founded Wealth Advisors Trust Company. [05:42] - What makes Wealth Advisors Trust Company an advisor-friendly company? [12:00] - How advisors can avoid being flanked by attorneys during trust discussions. [16:20] - The importance of having generational wealth transfer conversations. [18:56] - The difference between family trustees and corporate trustees. [20:30] - What makes a great family trustee? [23:35] - How independent advisors can compete successfully against big firms. [31:30] - Christopher's greatest source of fulfillment and enjoyment.   Quotes [13:10] - "Advisors should have a conversation about generational planning with clients. Who gets the money, when, why, and how is a normal language that an advisor and a client can have." ~ Christopher Holtby [20:45] - "The best skill for a family trustee is the comfort of saying, "I don't know, I'm gonna go ask." That raw ability to say, "I'm not quite sure. I will double-check that" with impartiality and humility, makes a great family trustee." ~ Christopher Holtby [25:05] - "Advisors are true craftsmen. The value-add they bring is having the time and attention to detail, being impartial, and being independent thinkers. That's a real value-add." ~ Christopher Holtby   Links  Christopher Holtby on LinkedIn Wealth Advisors Trust Company Ernst & Young Family Office Northern Trust Fidelity Investments Charles Schwab Pershing J.P. Morgan Wells Fargo Truist   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

In this episode of Intelligent Money Minute, I had the pleasure of interviewing Larry Swedroe, head of Financial and Economic Research at Buckingham Strategic Wealth, on the topic of how […] The post How Intelligent Investors Should Respond to Volatility appeared first on Intelligent Investing.

The quest for effective growth strategies in business is a constant endeavor. Entrepreneurs and business owners tirelessly explore various avenues to fuel their enterprises, seeking the holy grail of sustainable growth. While modern marketing channels have expanded exponentially with the rise of social media, search engines, and digital advertising, referrals remain a timeless tool that cuts through the noise and establishes genuine connections. They embody the age-old wisdom that "people trust people." In this episode, Steve talks with Randy Hardy, President of Clune & Associates. Randy holds the Chartered Financial Analyst designation and has been actively engaged in the investment management and financial planning industry since 1999. Before joining Clune & Associates in 2009, Randy spent 10 years handling business development for Loring Ward.  Randy talks with Steve about how Clune & Associates has doubled its client base and how its assets under management have increased more than fivefold. He also speaks about the secret to his business growth and shares a handful of models and concepts he uses to keep our minds focused on what matters.   Key Takeaways [01:59] - An overview of Randy's career and motivation for establishing his firm. [05:14] - How Randy transitioned from product to consulting in investment management. [09:32] - How Clune & Associates has evolved over the years. [13:00] - The role referrals play in Randy's business growth. [14:24] - How Randy gets referrals for his services. [15:18] - Randy's strategy for managing his business. [19:57] - What Randy's discovery process looks like. [26:27] - How Randy handles referrals that aren't right for him. [31:12] - What Randy looks for in a team member. [33:33] - How Randy maintains work-life harmony. [38:09] - What brings Randy joy and excitement at work.   Quotes [11:03] - "When you're buying a business, it's a marriage. And like any marriage, there are ups and downs. The relationship needs to be built on commitment, trust, and respect." ~ Randy Hardy [14:43] - "I have never asked for a referral. I don't feel comfortable doing it. But I've always made myself available to help centers of influence who reach out to me or an accountant to bounce an idea off me. That comes back to me in spades." ~ Randy Hardy [16:41] - "If I am referred to a potential client, but they aren't a fit, I still invest my time in them. That doesn't lead directly to a client today, but it might at some point in the future." ~ Randy Hardy   Links  Randy Hardy on LinkedIn Clune & Associates Eileen Clune John Burns   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Faith-based and family-centric advisory services offer a refreshing alternative in a world that often compartmentalizes faith and business. This concept goes beyond conventional financial consulting. It delves into the intersection of faith, family, and finance, recognizing that one's religious beliefs play a crucial role in shaping their perspectives, decisions, and aspirations.  In this episode, Steve talks with Candido Palomarez. Candido is a husband, father, coach, and Family CFO at Candido, Inc. He has been an advisor for 16 years and has helped families protect their nest eggs. Candido currently serves around 50 clients, focusing on serving families with strong family and faith-based values. A product of Catholic education, Candido talks about his unique approach to client relationships and how he provides financial advice from a faith-based and family-centric perspective. He also shares his discovery process for knowing the families he serves and the valuable insights he has learned from his faith-based peer group.   Key Takeaways [02:13] - Candido's role in the advisory industry. [04:35] - How Candido manages his advisory firm without a staff. [05:39] - What inspired Candido to come up with the name “Family CFO”. [08:11] - Candido's strategy for growing his business. [11:28] - How Candido provides financial advice from a family-centric perspective. [13:24] - Candido's thought process in meeting with clients. [17:48] - How Candido helps clients to get more clarity about their financial goals. [19:49] - How Candido generates profit from his business. [22:23] - What Candido does to help clients navigate turbulent markets. [25:37] - The frequency with which Candido talks to his clients. [27:55] - Candido's advice for advisors with hundreds of clients. [30:29] - How Candido handles disagreements with clients. [33:09] - How Candido spends his weekend. [35:17] - Candido's secret for getting the most enjoyment and happiness from his work.   Quotes [11:49] - "I want to be the one person people can call, who will always take the call and will always be honest with them even if they don't want to hear it, whose judgment they trust, and who's not their spouse or brother or someone inside the family." ~ Candido Palomarez [14:50] - "There aren't too many people who are willing to hold themselves out as faith-based advisors and courageous enough to ask about religion in business settings." ~ Candido Palomarez [35:37] - "As a Christian, I believe in my heart that we are called to love and to serve, whatever that means to each individual. But for me, to be able to do well for my family means doing well for other families." ~ Candido Palomarez   Links  Candido Palomarez on LinkedIn Woodbury Financial Services Candido, Inc. CMBC John Bowen Brené Brown Peter Montoya Nick Murray   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

In our latest episode of Show Us Your Portfolio, we speak with Buckingham Strategic Wealth's Larry Swedroe. Larry has dedicated his career to educating investors and has written more books and articles than we can list in that pursuit. We talk with Larry about how he takes his evidence-based approach to investing and translates it into managing his personal portfolio. We cover his approach to incorporating uncorrelated return streams into his overall approach, his unique use of assets outside of those traditionally used by investors, how he approaches equities and bonds, how his approach has changed over time and a lot more. We hope you enjoy the discussion. SEE LATEST EPISODES ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.validea.com/excess-returns-podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ FIND OUT MORE ABOUT VALIDEA ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.validea.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ FIND OUT MORE ABOUT VALIDEA CAPITAL ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.valideacapital.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ FOLLOW JACK Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/practicalquant⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/jack-forehand-8015094⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ FOLLOW JUSTIN Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/jjcarbonneau⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/jcarbonneau⁠

Certified Public Accountants (CPAs) have long been recognized for their meticulous number-crunching abilities. However, beyond the spreadsheets and balance sheets, the essence of CPA work lies in fostering relationships, providing sound advice, and guiding clients toward financial prosperity. For some, this realization becomes the catalyst for embarking on a new journey — building a wealth management firm that focuses on fostering a collaborative environment where every member strives for collective growth. In this episode, Steve talks with Brent Gunderson, Owner of Connected Wealth Solutions. In 2015, Brent co-founded the company alongside Michael Poe, to further support and educate their clients. Brent's experience in financial planning, investing, taxes, and estate planning enables him to provide comprehensive financial guidance. A practicing CPA and a business owner, Brent talks about building a firm in a small rural community like La Grande, Oregon. He also shares the importance of everyone on the team doing the little things and getting above doing anything to run the business, the challenges and successes of building a wealth management company, and the values he and his team uphold.   Key Takeaways [02:29] - What motivated Brent to create Connected Wealth Solutions? [05:32] - Brent's journey to building an RIA firm. [08:26] - How Connected Wealth Solutions is doing at the moment. [10:39] - How Connected Wealth Solutions qualifies prospective clients. [16:14] - The values Brent and his team uphold. [17:30] - Brent's approach to finding the right person for his team. [22:34] - The importance of having a financial conversation between spouses. [28:35] - The challenges Brent faces when running the financial firm. [32:11] - How Brent and his team created a collaborative workplace culture. [35:24] - Brent's favorite part of his wealth management career.   Quotes [25:03] - "When we transitioned into wealth management, and based on some really good coaching from Buckingham, it was a requirement that when we do a financial plan and have these deeper dive meetings, it's both spouses in the room." ~ Brent Gunderson [32:39] - "CPAs are notorious for having crazy partner compensation models of slicing the pie. But in our firm, we always had a share-like process. If we make decisions with the good of the client and the firm in mind, we will all do well individually." ~ Brent Gunderson [36:11] - "What I love about being a CPA is not the number crunching. It is relationship building and advising. And starting a wealth management company is a natural extension of what I love on the CPA side." ~ Brent Gunderson   Links  Brent Gunderson on LinkedIn Brent Gunderson on Twitter Connected Wealth Solutions   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Traditionally, younger individuals seeking financial advice find themselves entangled in a broken system. They are often required to purchase financial products or services to access professional advice. Unfortunately, this model is inherently flawed, as the advice they receive tends to be biased and skewed toward the products or services offered. To empower young investors, they need to break free from the system and learn the cornerstones of successful investing. In this episode, Steve talks with Dan Reese, Founder and President of Avery Wealth. Dan began his career in 1994 working with State Farm Insurance. In 2000, Dan opened his own agency. And in 2003, he established his current independent financial planning firm. Dan has been working with families since 2001 developing prudent strategies to achieve long-term financial success. Taking a comprehensive approach, Dan focuses on each area of personal finance, including savings plans, investments, cash flow, retirement income planning, taxes, and risk management.  Dedicated to educating the younger generation about their finances, Dan talks about why education is one of Avery Wealth's core values, how he serves the younger generation of investors, and what his service model looks like.   Key Takeaways [02:13] - What Avery Wealth is all about. [03:16] - How Dan got to serve the second generation of investors. [05:09] - Dan's journey to establishing his financial planning business.  [07:15] - How Dan uses segmentation in his service offering. [08:28] - Dan's approach to meeting clients across the four segments. [10:19] - Why education is one of Avery Wealth's core values. [13:52] - How Dan attracts the younger generation of investors. [17:29] - What Dan's service model looks like. [23:22] - The pros and cons of building a subscription-based coaching service. [28:57] - How Dan finds the balance between educating people and managing wealth. [32:18] - Dan's favorite thing about his job.   Quotes [10:46] - "My passion is education. Allowing people to learn and not just dictating things to them creates better relationships because they know you care. They know you want them to understand what you're doing, so they have confidence." ~ Dan Reese [14:14] - "For younger people to get advice, they generally have to buy something to get advice from a professional. That's broken because they generally will not get true unbiased advice. It's going to be tilted toward whatever that person sells." ~ Dan Reese [31:31] - "A lot of these younger people feel empowered. They just don't know what to do. But once you help them understand what to do, they're off to the races." ~ Dan Reese   Links  Dan Reese on LinkedIn Dan Reese on Twitter Avery Wealth Salesforce Brent Oliver Pulse360 Fidelity Investments Carl Richards   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

In a recent episode of Intelligent Money Minute, we had the pleasure of interviewing Larry Swedroe, the head of Financial and Economic Research at Buckingham Strategic Wealth. Our discussion centered […] The post The Pitfalls of Recency Bias appeared first on Intelligent Investing.

Transitions can be challenging for any organization, especially when managing relationships during the succession or sale of an advisory firm. However, as advisors shift to an independent wealth advisory business model due to its unconflicted nature and ability to provide valuable services to clients, mergers, acquisitions, and partnerships are becoming more prevalent. What factors do owners need to understand when selling their business, and how can they navigate the challenges that come with the transition? In this episode, Steve talks with Justin Ferri, President at Buckingham Wealth Partners. Before joining Buckingham, Justin was a managing director of Focus Financial Partners, responsible for business development and acquisition activities with an emphasis on identifying and partnering with top advisors and independent RIA firms. Today, Justin focuses on forward-looking strategies, vision, and growth for Buckingham's advisory teams and client experiences. He is proficient in building growth-oriented businesses, focusing on recruiting, motivating, and leading highly creative and productive teams.  A seasoned financial services executive with extensive management and leadership experience, Justin talks with Steve about managing relationships during times of transition. He also shares the decision points when considering succession or sale of an advisory firm, what influences valuation and how potential sellers can maximize their value, and how leaders can navigate the challenges of business transitions.   Key Takeaways [02:06] - Justin's professional journey in financial services. [05:44] - What Justin enjoys most about the wealth management industry. [09:02] - What surprises Justin about working in independent wealth management. [11:42] - Decision points when considering succession or sale of an advisory firm. [16:55] - What people need to understand when selling or merging their businesses. [20:13] - What influences valuation and how potential sellers can maximize their value. [23:12] - The leadership qualities needed to successfully acquire or transfer a business. [26:46] - What it's like to partner with Buckingham Wealth Partners. [33:18] - Buckingham's third pillar of its business model. [37:44] - How leaders can navigate the challenges of business transitions. [41:56] - The things that keep Justin motivated and excited in his personal and professional life.   Quotes [05:03] - "The business model that is used by many large investment banks on Wall Street was highly conflicted. That ultimately made my decision to shift and focus the next chapter of my career entirely on the independent wealth advisory community." ~ Justin Ferri [12:15] - "There are 15 to 17,000 independent wealth advisory firms across the U.S. Even though we have a record number of partnerships and mergers and acquisitions happening year after year, that number hasn't gone down. That is a testament to the strength of the independent business model and the value that it brings to clients every single year." ~ Justin Ferri [34:20] - "The only thing worse than providing bad advice is delivering great advice that's not acted upon. That comes down to trust, which is why the independent wealth advisor business model being unconflicted is the right way to provide service to clients." ~ Justin Ferri   Links  Justin Ferri on LinkedIn Justin Ferri on Twitter J.P. Morgan Merrill Lynch Focus Financial Partners Adam Birenbaum Alex Potts   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Today on the podcast, we welcome back financial planning guru and Michael Kitces. I recently had the chance to catch up with Michael to get his take on asset allocation, specifically whether higher yields should have an impact on where investors hold their money. Today's podcast is a recording of that conversation. Michael is the head of planning strategy for Buckingham Strategic Wealth, co-founder of XY Planning Network and AdvicePay and is the chief financial planning nerd—and yes, that's his real title—for the advisor education platform Kitces.com and the Nerd's Eye View blog. You can follow him via Twitter @MichaelKitces or on LinkedIn.BackgroundBioXY Planning NetworkAdvicePayBuckingham Strategic WealthKitces.com@MichaelKitcesInvesting Safe Assets“Where Should Investors Stash Their Safe Money Today?” Video interview with Michael Kitces and Christine Benz, Morningstar.com, April 19, 2023.“Kitces: Where to Park 3 Types of Client Cash,” by Dinah Wisenberg Brin, thinkadvisor.com, April 20, 2023.“Client Cash Management: Why It's Important, and the Next Generation of Technology to Make It Better,” by Ben Henry-Moreland, kitces.com, Aug. 22, 2022.MaxMyInterestRising Yields, Asset Allocation, Retirement Withdrawals“How Rising Yields Should Affect Asset Allocation for Retirees, Preretirees,” Video interview with Michael Kitces and Christine Benz, Morningstar.com, May 3, 2023.“The ‘Yield-Split' Method of Asset Allocation to Improve Tax Efficiency of Index Funds,” by Chris Murray, kitces.com, March 30, 2022.“Increasing Retirement Withdrawal Rates Through Asset Allocation,” by Michael Kitces and Wade Pfau, aaii.com.“8 Inflation Conversations for Financial Advisors to Have With Clients,” by Ben Henry-Moreland, kitces.com, April 27, 2022.“Is Private Debt Worth Considering as an (Alternative) Asset Class in Client Portfolios?” by Larry Swedroe, kitces.com, Jan. 18, 2023.“The Extraordinary Upside Potential of Sequence of Return Risk in Retirement,” by Michael Kitces, kitces.com, Feb. 20, 2019.Other“Kitces: ‘The Model Has to Change Again,'” The Long View podcast, Morningstar.com, June 5, 2019.“Michael Kitces: Does Portfolio Customization Pay Off?” The Long View podcast, Morningstar.com, Aug. 23, 2022.

For many advisors, Larry Swedroe needs no introduction; He's the author of numerous books on investing, a frequent columnist in advisor publications, including Wealthmanagement.com, and the Head of Financial and Economic Research at Buckingham Strategic Wealth, one of the largest RIAs in the country. He's also active on social media where he can be found … Continue reading Advisor Innovations Podcast: Dumb indexes, “Smart” Beta and Intelligent Design—How Larry Swedroe Helps Advisors Make Sense of Investments →

Sales is the lifeblood of any business. Whether it's a small startup or a multi-national corporation, the ability to generate revenue is critical to long-term success. But selling is about much more than just transactions and making a sale. It involves a slow developing process of building relationships, creating value for clients, and helping them achieve their financial goals over the long term.  In this episode, Steve talks with Marques Ogden, a former NFL football player, and a three-time best-selling author. Marques attended Howard University and was drafted into the NFL in 2003. He retired after five years to pursue a career in construction and contracting and founded Kayden Premier Enterprises. In 2010, Marques won The African American Subcontractor of the Year Award in Maryland but soon went bankrupt, losing almost two million dollars in 90 days. With hard work and determination, Marques became an inspirational keynote speaker, executive coach, podcast host, and marketing leader. Using his personal story to help business leaders focus on the things that matter, Marques talks about his definition of sales and how to make a sale without making it appear to be one, the four things every leader should know to succeed in any industry, and why authenticity, humility, and vulnerability are important qualities for advisors.   Key Takeaways [02:15] - What life was like for Marques after leaving the NFL. [04:58] - The difference between a visionary buyer and an operational buyer. [08:14] - Marques' definition of sales. [12:11] - How to make a sale without making it appear to be one. [18:36] - The importance of controlling the ego in a relationship. [21:30] - How people can self-assess whether or not they are egocentric. [26:00] - The lessons Marques learned from losing an eight-figure business. [27:39] - The four things every leader should know in order to succeed in any industry. [30:18] - What “sense-making” means in financial advice. [36:18] - Why authenticity, humility, and vulnerability are important qualities for advisors. [40:57] - The driving force behind Marques' work.   Quotes [10:56] - "For financial advisors, master the skillset of sense-making, which means taking difficult, arduous, complex information, making it an easily understood process and applicable to whom you are speaking." ~ Marques Ogden [14:17] - "The art of sales is a slow developing process with a result in mind of you helping each other grow." ~ Marques Ogden [30:00] - "If you want to master being a great financial advisor, be relatable, be innovative, help people through sense-making, and be a master visionary." ~ Marques Ogden   Links  Marques Ogden on LinkedIn Marques Ogden on Twitter Marques Ogden on Instagram Howard University Ray Lewis Ed Reed Fred Taylor Get Authentic with Marques Ogden   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Life planning and financial planning are two distinct approaches to helping clients achieve their goals and secure their financial futures. While financial planning typically focuses on achieving specific financial milestones, life planning considers broader life goals. By understanding a client's life goals and values, financial advisors can provide more effective financial guidance and align investments and other financial decisions with the client's long-term aspirations. In this episode, Steve talks with Andrea Millar, Founder of Andrea Millar Life Planning. Andrea is a life planner and coach who guides people to bring more joy, intention, and meaning to each day, build a work life that supports their personal life, and find renewed purpose and peace as they go through life's transitions. With a passion for inspiring and empowering people to live their best lives, Andrea talks about her perspective on life planning, specifically how an emphasis on life planning works and its impact on the client relationship. She also shares the five buckets that make up a successful life planning conversation, the difference between life planning and financial planning, and how they complement one another.   Key Takeaways [01:58] - What led Andrea to specialize in life planning and coaching. [09:18] - The five buckets of a successful life plan. [14:53] - Programs and courses on life planning and coaching Andrea completed. [20:48] - The benefits of putting more emphasis on life planning than financial planning. [24:01] - The risks advisors need to consider when taking an all-in approach to life planning. [28:11] - Why Andrea believes life planning is a strategy for success. [30:44] - The difference between life planning and financial planning. [35:30] - A life planner's role in supporting the advisor's client relationships. [38:40] - An event in a client's life where life planning applies. [43:20] - What drives Andrea to inspire and empower others to live their best lives.   Quotes [07:42] - "Many people are living life on autopilot, just getting caught up in all these should-dos and whatever busyness of life and not stopping to reflect on what's most important and how they get there." ~ Andrea Millar [21:26] - "Clients' behavior and results are led by what they focus on, and if they shift their attention to the purpose and the why, they'll be more engaged to take action on the recommended solutions." ~ Andrea Millar [26:56] - "You have to be willing to let go of your ego when it comes to life planning because the client is the expert on their lives. They know where they are in their life, how they feel, and when they're ready to move forward. So, you have to let go of being the person with all the answers. The most valuable thing is letting go of that and just being present, guiding them, and facilitating them to find their answers." ~ Andrea Millar   Links  Andrea Millar on LinkedIn Andrea Millar Life Planning EY KPMG AICPA George Kinder Kinder Institute of Life Planning Academy for Coaching Excellence Susan Bradley Mitch Anthony   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Relationships are a fundamental aspect of human life. Whether personal or professional, they significantly determine an individual's happiness, success, and fulfillment. While grand gestures may seem impressive in building relationships, it is often the little things that make a lasting impact. In this episode, Steve talks with V.J. Smith, President of Life's Great Moments as well as a professional speaker who has spoken to businesses, organizations, and schools throughout the United States and Canada. He is also the author of the bestselling book, The Richest Man in Town, which details V.J.'s relationship with a man who ran a cash register at a local Walmart.  Geared toward relationship building, customer service, and the importance of setting goals, V.J. talks with Steve about what inspired him to write his book, the influences behind V.J.'s relationship outlook, and how a handwritten note can make a huge difference in someone's life.   Key Takeaways [02:16] - An overview of V.J.'s career and personal background. [03:43] - What inspired V.J. to write the book, The Richest Man in Town. [05:36] - What's so special about the Walmart cashier that draws people's attention? [11:25] - The influences behind V.J.'s relationship outlook. [16:15] - What compelled V.J. to write a letter to Walmart regarding their cashier, Marty. [19:43] - How a handwritten note can make a huge difference in someone's life. [23:30] - Other people V.J. knows who hold similar values to Marty. [29:24] - An example of how V.J. shows curiosity about other people. [37:32] - Why V.J. finds beauty in handwritten letters.   Quotes [20:44] - "The reason I keep coming back to the handwritten note, the same thing I tell young people, is that in your handwriting, we see your heart, it becomes meaningful, and it's kept." ~ V.J. Smith [28:22] - "I made it a point to send things to people undergoing tough situations. It's always in a blank envelope, and there's no trail back to me." ~ V.J. Smith [31:46] - "People like to be asked about themselves. They'd like to share if we allow them to share. And you learn so much about someone, not by talking, but by listening." ~ V.J. Smith   Links  V.J. Smith on LinkedIn The Richest Man in Town The 7 Habits of Highly Effective People   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

In financial services, meaningful relationships matter. Clients want to work with advisors who share their values and understand their goals, are open and authentic about their purpose, and are committed to making a positive impact.  In this episode, Steve talks with Ben Walker, Vice President and Head of Global Client Service at Dimensional Fund Advisors. With over 16 years of experience serving a variety of roles at Dimensional, Ben has become the leading expert in creating meaningful relationships. Ben talks with Steve about the difference between going all-in in a relationship versus just having a great relationship. He also dives deeper into how to build trust and competence, which is critical in having a true all-in relationship, and why having purpose and wearing it on your sleeve is important.   Key Takeaways [01:31] - A look at Ben's professional history and what relationships mean to him. [05:34] - How Ben adapts every time he takes on a new role at Dimensional. [07:51] - How to build trust and competence in a relationship. [11:43] - How Dimensional establishes relationships with clients. [18:00] - When to talk about what you want versus what clients need to hear. [21:37] - The lessons Ben learned throughout his career. [30:32] - What sets a great advisor apart from others. [34:37] - How Ben keeps his energy levels high in the financial industry.   Quotes [04:09] - "Always try and understand the advisor's business, their background, what they're trying to accomplish, and how they work with clients. Getting that perspective gives you a good lens into what is valuable in building a good relationship with that firm or person and ultimately supporting their client experience." ~ Ben Walker [18:43] - "When you have a strong sense of purpose and you've thought through your advice model and your delivery of that, it's important to have conviction, wear that on your sleeve, and educate the client about what you think is the right solution and why. The growth of the RIA space is a testament to that model and that point of view." ~ Ben Walker [24:39] - "Advisors that stick to some service plan or predetermined schedule are not setting the relationship up to move from vendor to someone who's a truly admired advisor." ~ Ben Walker   Links  Ben Walker on LinkedIn Dimensional Fund Advisors Robert Merton Dave Butler   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Investing in traditional assets like stocks, bonds, and mutual funds has long been a popular way for people to build wealth. However, as the financial landscape has evolved, investors increasingly seek new and alternative investment opportunities to diversify their portfolios and achieve higher returns.  In this episode, Steve talks with Peter Nakada, Chief Marketing Officer at Stone Ridge Asset Management. Peter is one of the ILS markets' consummate experts, with an eye for opportunity, an analytical skill set, and an understanding of the motivations that bring investors to an asset class. As someone who explains complicated quantitative things simply to all kinds of audiences, Peter likes to call himself the Chief Explaining Officer. As part of a firm dedicated to providing true alternative investment solutions, Peter talks with Steve about what alternatives are and how there's a difference between true alternatives and just alternatives. He also speaks about why it is important to seek more sources beyond stocks and bonds and what strategies and tactics can help people overcome the feeling of discomfort with alternative investing.   Key Takeaways [02:04] - How Stone Ridge serves investors and advisors. [03:52] - The key role Peter plays at Stone Ridge. [06:19] - The challenges of creating alternative funds. [09:15] - Overcoming the risks associated with stock and bond investments. [10:38] - One of the biggest challenges in investing in alternatives. [12:26] - The key to helping people overcome their discomfort with alternative investments. [20:39] - What distinguishes a good asset manager from the rest. [24:05] - The true nature of alternative investments. [28:48] - Why traditional alternatives have a checkered past. [33:24] - The red flags to look for when investing in alternatives. [39:08] - Peter's motivation for serving in the asset management industry.   Quotes [02:39] - "Investors generally have most of their money in stocks and bonds. While that's very traditional, it's quite risky. The chance of a big equity market downturn hurting investors and having them struggle through retirement is real." ~ Peter Nakada [09:15] - "People don't realize that an 80% down scenario is possible in the stock market, and if you suffer that at the wrong time, it would change your life." ~ Peter Nakada [10:56] - "The biggest challenge in getting advisors or their clients to invest in alternatives is that people generally follow the herd. So, if most people are in stocks and bonds and you decide to do something different, you feel uncomfortable and out on a limb." ~ Peter Nakada   Links  Peter Nakada on LinkedIn Stone Ridge Asset Management Morningstar   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

In the fast-paced and highly competitive business world, success is often determined by one's ability to grow and adapt to new market trends and demands. For many entrepreneurs and business owners, this growth can be challenging to achieve on their own. What are key strategies and tactics that can help businesses grow and succeed? In this episode, Steve talks with Susan Foard, President and Chief Compliance Officer of Pugh Wealth Management. Susan has been in public accounting since 1986 and specializes in consulting, tax planning, and tax preparation services for closely-held businesses, individuals, estates, and trusts. She often speaks for seminars and presentations on leadership, strategic business relationships, and various technical topics within her tax specializations. A CPA with 37 years of experience and expertise in tax, Susan shares her story of launching a wealth management firm while serving as the president of a long-standing CPA firm. She also speaks about how she leads through transition and business growth, her approach to propelling change within the firm, and the power of shadowing other firms to learn new ways of approaching the client experience and maximizing business growth.   Key Takeaways [03:21] - What motivated Susan to build Pugh Wealth Management. [07:17] - The risks Susan faced when she launched Pugh Wealth Management. [10:51] - Why Susan chose to specialize in tax planning. [14:18] - How Susan balances her time between serving clients and running her business. [20:39] - How Susan grew her wealth management firm. [26:39] - What Susan looks for in a wealth manager. [31:10] - What Susan thinks about retirement plans for businesses. [38:13] - Susan's approach to building a strategic plan.   Quotes [16:04] - "The biggest things that have helped us grow our wealth management firm are having others involved with the wealth management practice, hiring new staff, and educating our partners and other team members." ~ Susan Foard [30:44] - "Clients need a good partner to help them make wise decisions. They need someone they know and trust to help them with financial planning, tax planning, and estate planning. We want to be more of a holistic approach to help them, but mostly to sit down and understand what they need." ~ Susan Foard [41:11] - "One of the things we learned by shadowing is that we understand more about the Design | Build | Protect program with Buckingham and began using the life cards. It allows us to have a much deeper knowledge of our client's goals and help them more." ~ Susan Foard   Links  Susan Foard on LinkedIn Pugh Wealth Management Pugh CPAs Charles Schwab MoneyGuidePro Alexander Vetrano Christi Fightmaster Ascendant Compliance Manager   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

In Episode #02 of NAPFA Nation, we hear from Wendy Hartman, CFP®, President of Buckingham Strategic Wealth, a growing organization of advisors, financial specialists, and national thought leaders committed to delivering on the promise of true wealth management. As a Registered Investment Advisor, the essence of their approach is based on a pledge to act in the best interest of clients, including individuals, businesses, trusts, Non-Profit organizations, healthcare professionals, and retirement plans. Hartman is responsible for providing strategic leadership, in conjunction with the Buckingham's Board and other firm leaders. After decades of working as a wealth advisor, she is proud to lead the firm as they continue to safeguard their clients' lives. Hartman has enduring passion for the industry and recognizes that NAPFA's role in the financial planning profession is to be a relentless advocate for the Fee-Only community through consumer awareness, education, and partnerships. She joined NAPFA in 2017 and is enthusiastic about her new role as a NAPFA Board member (Chair Elect for the 2022-2023 term). Hartman tells us: How she got started in this profession and why she is passionate about financial planning and the fiduciary standard What is important for financial advisory firms that are growing to think about as they build out their strategy and how Buckingham is approaching growth in 2023 How Buckingham's strategic objectives stand on four pillars – and what the four pillars are The most important thing for young planners to consider as they chart their career path The key to success and how to set yourself apart in a noisy, digital world Why she is looking forward to transitioning to Board Chair for NAPFA Key point: Many of today's leaders have adopted management thinker Peter Drucker's “be (intelligently) curious” philosophy – and this approach is ever more relevant as the world increases in complexity. An article in the Harvard Business Review stresses the importance of being curious, saying: “Leaders don't need to know everything. In fact, it's an impossibility. Things change too rapidly for that.” Hartman, who says she tries to stay curious as she moves through life, agrees. She's always been interested in math and numbers – and her mother was a great encourager of higher education. Golden nuggets from Hartman in the podcast: “Be a curious learner.” “Set yourself apart by bringing best-in-class thinking to your organization.” “Create an open canvas.” Special Note: In 2023, we rebranded the NAPFA podcast with a new album cover and series title: NAPFA Nation. We are shifting our monthly episodes to bring you inspiring conversations and key insights from leaders in the Fee-Only financial planning profession. Marie Swift, Founder and CEO of Impact Communications, will continue on as host, interviewing a variety of NAPFA members and professionals. You will still be able to find on this channel the 32 Mindset Mastery episodes with respected fiduciary financial planners and allied advocates who are committed to accomplishing great things as they master their own mindset and continue to serve their clients in the best ways possible. Brought to you by NAPFA - the National Association of Personal Financial Advisors - the country's leading professional association of Fee-Only financial advisors. Learn more about NAPFA at https://www.NAPFA.org

As a financial advisor, it is essential to ensure that clients make informed investment decisions that secure their financial futures. However, client behavior, emotions, and biases can often get in the way. These factors can cloud judgment and impact the ability to make smart investment choices.  In this episode, Steve talks with Dr. Daniel Crosby, Chief Behavioral Officer at Orion. Daniel is a psychologist, behavioral finance expert, and asset manager who applies his study of market psychology to everything from financial product design to security selection. He is co-author of the New York Times bestseller Personal Benchmark: Integrating Behavioral Finance and Investment Management and founder of Nocturne Capital. Daniel was named one of the "12 Thinkers to Watch" by Monster.com, a "Financial Blogger You Should Be Reading" by AARP, and in the "Top 40 Under 40" by Investment News. A psychologist and behavioral finance expert who helps organizations understand the intersection of mind and markets, Daniel talks with Steve about behavioral management, the framework for helping clients make better investment decisions, and how advisors can differentiate themselves from their peers.   Key Takeaways [02:28] - How Daniel got to where he is today. [06:14] - How Daniel simplifies psychology into a practical, solution-focused approach. [09:07] - What a typical week looks like for Daniel. [16:02] - How advisors can learn behavior management. [21:28] - What Daniel thinks about advisors showing vulnerability to clients. [24:17] - How to determine whether a client is on board with an advisor. [27:04] - Why clients fail to implement a financial plan. [30:14] - The framework for helping clients make better investment decisions. [35:07] - How advisors can differentiate themselves from their peers. [40:02] - Daniel's biggest 'aha' moment in his career.   Quotes [18:55] - "The number one reason people fail to seek an advisor is the fear of being judged." ~ Dr. Daniel Crosby [20:33] - "Looking at behavioral finance as a mirror of your own behavior, doing your own work, putting yourself in situations where you're a rung down on the power ladder, and getting feedback are powerful ways to learn behavioral skills." ~ Dr. Daniel Crosby [38:52] - "People don't want wealth management. They want happiness, and they want freedom and time with family. Help them understand how you're going to get that." ~ Dr. Daniel Crosby   Links  Dr. Daniel Crosby on LinkedIn Dr. Daniel Crosby on Twitter Standard Deviations Podcast The Behavioral Investor Eric Clarke Predictably Irrational Morningstar   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Fear can be a powerful emotion that can cripple an investor's ability to make sound investment decisions. Whether it's fear of losing money, fear of missing out on potential gains, or fear of messing up, this emotion can lead to indecision and inaction in the market. How can investors overcome their fear of making investment decisions? In this episode, Steve talks with Matt Dixon, Founding Partner of DCM Insights. He is also a Wall Street Journal bestselling co-author of The Challenger Sale, The Effortless Experience, The Challenger Customer, and The JOLT Effect. Matt previously served as the Chief Product & Research Officer of Tethr and spent time as a Senior Partner and the Global Head of Sales Force Effectiveness Solutions at Korn Ferry Hay Group. A speaker and advisor to corporate leadership teams in sales effectiveness and customer experience, Matt talks with Steve about his 'aha' moments in sales, the investor's fears when making investment decisions, and how advisors can help clients overcome these fears.   Key Takeaways [03:24] - Matt's biggest 'aha' moment in sales. [10:47] - How people decide what to invest in or do business with. [15:17] - How advisors can build extraordinary businesses by doing the ordinary. [19:29] - Why clients rarely mention the positive experiences they have with advisors. [21:35] - The three fears investors have. [27:44] - How advisors can help clients overcome their fear of making a choice. [34:47] - Matt's approach to helping clients overcome their fear of choice. [40:03] - Why advisors should limit the use of outside experts. [44:18] - How highly effective people manage their time. [49:06] - What motivates Matt to write books.   Quotes [06:57] - "As wealth managers and advisors, we need to shift from being bartenders to personal trainers with our clients. Don't just be there to react, respond, take orders, and do whatever your client wants." ~ Matt Dixon [07:10] - "As wealth managers and advisors, you earn your client's business, keep clients investing with you, and recommend you to their friends, neighbors, and colleagues because you teach them things they need to learn about attaining their objectives and outcomes." ~ Matt Dixon [1148] - "Dialing up the FOMO (fear of missing out) isn't a great technique for moving people forward. Clients are concerned about the FOMU (the fear of messing up). They're less concerned about missing out on a golden opportunity. They're concerned about making a decision that doesn't pan out and having it reflect poorly upon them." ~ Matt Dixon   Links  Matt Dixon on LinkedIn Matt Dixon on Twitter DCM Insights The Challenger Sale The Effortless Experience The Challenger Customer The JOLT Effect The Paradox of Choice Gartner   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Our guest on the podcast today is tax and retirement planning expert, Jeffrey Levine. Jeff is the chief planning officer for Buckingham Strategic Wealth. He's also the lead financial planning nerd at kitces.com, home of the popular Nerd's Eye View blog. Jeff recently launched a podcast with Ed Slott called The Great Retirement Debate. He has authored several books, including The Baby Boomer's Guide to IRA Planning, The Financial Advisor's Guide to Savvy IRA Planning, and The Definitive Guide to Required Minimum Distributions for Baby Boomers. Jeff is a frequent public speaker and media commentator and maintains a high profile on social media and on the Nerd's Eye View blog, where he readily shares tax and retirement planning insights. ThinkAdvisor recently named Jeff Thought Leader of the Year for 2022.BackgroundBioThe Great Retirement Debate podcastThe Baby Boomer's Guide to IRA Planning and The Financial Advisor's Guide to Savvy IRA Planning by Jeffrey LevineThe Definitive Guide to Required Minimum Distributions for Baby Boomers, by Jeffrey LevineNerd's Eye View blogThe Great Retirement Debate podcast“Should I Take Social Security at Age 62?” Episode 1, greatretirementdebate.com, Nov. 10, 2022.Changes in 2023“Getting Clients Comfortable Delaying Social Security With Reversible Delays,” by Jeffrey Levine, financial-planning.com, March 14, 2022.“4 Ways Inflation Can Help Clients Cut Taxes in 2023,” by Ed Slott, thinkadvisor.com, Dec. 14, 2022.“Inflation and Rising Interest Rates Have Stressed the 60/40 Investment Portfolio Strategy—'But It's Not Dead,' Says Financial Advisor,” by Greg Iacurci, cnbc.com, June 24, 2022.“How the TCJA Tax Law Affects Your Personal Finances,” by Amy Fontinelle, Investopedia.com, Dec. 27, 2022.Secure Act. 2.0“The Impact of New IRS Proposed Regulations on the SECURE Act,” by Jeffrey Levine, financial-planning.com, May 17, 2022.“Secure 2.0 Act Needs a Fix: Jeff Levine,” by John Manganaro, thinkadvisor.com, Dec. 22, 2022.“Jeff Levine Answers Secure 2.0 Tax Questions From Advisors,” by John Manganaro, thinkadvisor.com, Jan. 6, 2023.“SECURE Act 2.0: Later RMDs, 529-to-Roth Rollovers, and Other Tax Planning Opportunities,” by Jeffrey Levine, kitces.com, Dec. 28, 2022.Taxes in Retirement“How Advisors Can Help Clients Get Early Retirement Account Distributions—Without Paying a Penalty,” by Jeffrey Levine, financial-planning.com, May 4, 2022.“3 Reasons the New RMD Tables for 2022 (and Beyond) Are Overrated,” by Jeffrey Levine, forbes.com, Feb. 14, 2022.Other“Jeff Levine: Cracking the New Retirement Code,” The Long View podcast, Morningstar.com, Feb. 12, 2020.“Michael Kitces: Does Portfolio Customization Pay Off?” The Long View podcast, Morningstar.com, Aug. 23, 2022.

As the old saying goes, it's not what you know but who you know. That is especially true in business, where connections and relationships are key to success. Creating professional partnerships is essential to both individual and organizational success. These relationships provide networking, collaboration, knowledge sharing, and more opportunities.  In this episode, Steve talks with Skip Briggs, Partner & Wealth Advisor at Briggs Advisory Group. With over 30 years of extensive tax and wealth advisory experience, Skip ensures the design and implementation of tax-optimized, goal-focused, planning-driven wealth management solutions meet each client's unique needs. At Briggs Advisory Group, Skip focuses on working with people approaching retirement to help them organize and develop plans as they enter the retirement transition process. As a former practicing CPA turned wealth manager, Skip talks about how he embodies the behaviors and traits of a successful relationship. He shares what it takes to work with other professionals, how those relationships can be so rewarding, and why protecting the other professional's reputation is critical to the relationship.   Key Takeaways [02:12] - Briggs Advisory Group: who they are and what they do. [06:00] - The types of clients Skip works with the most. [09:12] - Why Skip founded Briggs Advisory Group. [11:28] - What inspired Skip to get into wealth management. [14:00] - How Skip defines financial planning and wealth management. [16:59] - Skip's approach to helping clients find what they truly need. [19:56] - The reason Skip partners with Buckingham Strategic Wealth. [21:54] - What Skip's relationship with other professionals looks like. [25:41] - Why having relationships with other professionals can be rewarding. [30:59] - How Skip overcomes the risks of gaining clients through referrals. [33:39] - Why Briggs Advisory Group is the primary referee among solicitors. [39:02] - Skip's secret sauce for managing a large client base.   Quotes [20:36] - "We wanted to be free to make what we believed were the right decisions for our clients. And being our own RIA and having a support team like Buckingham gave us the flexibility to do what we thought was right for our clients." ~ Skip Briggs [23:42] - "Each relationship is a little different, but we treat them as partners and are uber-sensitive to what's going on in that relationship." ~ Skip Briggs [39:19] - "If we say we serve our clients as no one else will, we're doing things for the client no one else will. And that means people and time." ~ Skip Briggs   Links  Skip Briggs on LinkedIn Briggs Advisory Group Briggs Advisory Group on Twitter Christopher Ricci   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

The process of succession planning is difficult enough, but the transition from gen one to gen two of managing an advisory business can be even more challenging. Having different values, goals, and priorities, how can the two generations of advisors make the transition successful? In this episode, Steve talks with Aaron Terwedo, Vice President of Financial Planning at TFS Advisors. After completing his military career, Aaron wanted his civilian life to reflect one of his deeply held values - serving and helping others. He intended to work with Terwedo Financial Services while he worked his way through his law enforcement program, but spending time with clients has led him to find a different way to make an impact. As a gen two advisor, Aaron talks with Steve about the challenges he had to overcome in transitioning from his gen one father, the three main principles that are important to both gen one and gen two advisors, and the importance of agreement on principles to find common ground and consistency from one generation to the next.   Key Takeaways [02:01] - What TFS Advisors is and how it serves its clients. [04:56] - How Aaron got started at TFS Advisors. [08:29] - How Aaron bridged the generational gap in managing the business. [12:04] - How Aaron overcame the challenges of transitioning into the family business. [17:26] - The core principles of managing a family business. [19:57] - What TFS Advisors' client service model looks like. [23:03] - Aaron's future plans for the company. [26:30] - How Aaron defines financial planning. [31:51] - What Aaron wished he had done earlier in his business career. [34:08] - How Aaron spends his week working on the business.   Quotes [10:50] - "Finance is just one aspect of retirement. Many of the issues that people are struggling with, especially today, are the emotions of retirement. Approximately 50% of retirees go into depression. That is one of the gaps that we could help fill." ~ Aaron Terwedo [27:50] - "Getting clients comfortable enough to share things they don't share with many people is very important in financial planning. The more we know about our clients, the better we can serve them." ~ Aaron Terwedo [29:45] - "A lot of times, financial planning is thought of as the numbers. What impact does it have on the future if you make that decision? But if we never get to that future, it will never matter."~ Aaron Terwedo   Links  Aaron Terwedo on LinkedIn TFS Advisors Dale Terwedo Boeing   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners  on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

When most people think about their financial future, their first thoughts are about numbers and investments. However, financial planning is about so much more than just money. It's about living with your core values and purpose and making choices and decisions that align with your goals, ethics, and beliefs. In this episode, Steve talks with Nathan Fulks and Samuel Dye, Managing Partners and Stewardship Coaches at Family Wealth Partners. In their roles, Nathan and Samuel serve individuals, families, and business owners through comprehensive, values-based financial planning. At Family Wealth Partners, they call themselves Stewardship Coaches instead of Financial Advisors to demonstrate that the role they play goes beyond simply financial decisions. As the second-generation owners of Family Wealth Partners, Nathan and Samuel talk with Steve about their team structure and how important it is for the founding partner to bring and help them pass the trust of the clients and the entire team. As young advisors, they also speak about why they call themselves stewardship coaches instead of financial advisors and the importance of finding your style in engaging clients and resisting the temptation of trying to be like someone else.   Key Takeaways [01:29] - What Family Wealth Partners looks like. [03:33] - What brought Samuel and Nathan to Family Wealth Partners. [05:41] - How Samuel and Nathan have helped Family Wealth Partners grow. [07:52] - Why Samuel and Nathan call themselves stewardship coaches. [11:04] - Samuel and Nathan's discovery process for getting to know their clients. [16:06] - How Samuel and Nathan gain clients' trust to communicate openly. [21:14] - Samuel and Nathan's most common conversations with clients. [24:29] - The challenges Nathan and Samuel face at the beginning of their careers. [30:58] - What Nathan and Samuel consider most important in client relationships. [37:33] - How Nathan and Samuel balance their roles as business owners and stewardship coaches. [40:24] - How Nathan and Samuel invest in their personal development.   Quotes [17:12] - "Every stewardship coach can put their spin on things, and it's based on their personality. It came down to building up the level of confidence we needed through the experience we were able to sit through and then figure out how to make it our own." ~ Samuel Dye [20:49] - "Trust is hard to build. So the more involved you are from square one with a client, the better the relationship will be." ~ Nathan Fulks [21:40] - "One thing that people have a challenge with when they think of transitioning from working and creating a paycheck to the next season of their life is how they recreate income and being thoughtful around their legacy." ~ Samuel Dye   Links  Nathan Fulks on LinkedIn Samuel Dye on LinkedIn Family Wealth Partners Liberty University Kingdom Advisors   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners  on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

In this episode we speak with Buckingham Strategic Wealth's Head of Financial and Economic Research Larry Swedroe. Larry is one of the most prolific producers of quality financial content we know and has committed much of his career to helping to educate investors. We talk to Larry about the current situation in the economy and markets and how long-term investors can make sense of it. We also discuss value investing, ESG, the importance of diversification and a lot more. We hope you enjoy the discussion. ABOUT THE PODCAST Excess Returns is an investing podcast hosted by Jack Forehand (@practicalquant) and Justin Carbonneau (@jjcarbonneau), partners at Validea. Justin and Jack discuss a wide range of investing topics including factor investing, value investing, momentum investing, multi-factor investing, trend following, market valuation and more with the goal of helping those who watch and listen become better long term investors. SEE LATEST EPISODES https://www.validea.com/excess-returns-podcast FIND OUT MORE ABOUT VALIDEA https://www.validea.com FOLLOW OUR BLOG https://blog.validea.com FIND OUT MORE ABOUT VALIDEA CAPITAL https://www.valideacapital.com FOLLOW JACK Twitter: https://twitter.com/practicalquant LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094 FOLLOW JUSTIN Twitter: https://twitter.com/jjcarbonneau LinkedIn: https://www.linkedin.com/in/jcarbonneau

Most people think of financial planning as crunching numbers and making investment decisions. But in reality, financial planning is about so much more than that. It's about helping people live their best lives. And to do that, having a conversation that goes beyond the numbers is important. In this episode, Steve talks with Jeff Vistica, Wealth Advisor at Vistica Wealth Advisors. In his role, Jeff focuses on addressing and solving clients' most pressing tax, estate, and financial concerns. Their clients include individuals with special needs and those caring for a loved one with special needs, dental practitioners, retirement plan sponsors, families, and individuals.  As a CFP and chartered special needs consultant, Jeff talks with Steve about how he goes the extra mile to help clients clarify their goals and connect them with their financial goals, his idea of no-agenda meetings, and the importance of family mission statements for multigenerational planning.   Key Takeaways [01:57] - What Vistica Wealth Advisors can do for its clients. [05:52] - How Jeff built his client base. [08:06] - How Jeff goes the extra mile in serving clients. [11:50] - The value of discovery meetings in building client relationships. [13:31] - What the discovery process looks like. [17:09] - At what stage do prospects become clients. [18:23] - How Vistica Wealth Advisors keeps its clients' documents up to date. [21:48] - Jeff's approach to multigenerational wealth planning. [27:34] - How Jeff overcame the challenges of life planning. [31:29] - Jeff's advice to his younger self. [32:37] - What it's like for Jeff to work with his father in the business.   Quotes [11:50] - "If we're bringing on a new relationship, the most effective start is having multiple discovery meetings. We get to know as deeply and comfortably as the new family might be willing to become." ~ Jeff Vistica [14:51] - "We never prepare an agenda for a meeting. We leave it completely open. Keeping it open-ended and folks in the driver's seat at all times is part of our fiduciary responsibility. It also sets the right tone for a relationship or partnership." ~ Jeff Vistica [22:29] - "For clients struggling with what they want to do from a wealth transfer perspective, we'll help them articulate a family mission statement. And within that family mission statement, they will identify the core family values they want to pass along." ~ Jeff Vistica   Links  Jeff Vistica on LinkedIn Vistica Wealth Advisors Lynne Mosier MoneyGuidePro Buckingham Strategic Wealth RightCapital   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners  on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

People tend to get caught up in numbers when planning their finances and lose sight of what's important. However, the goal of true wealth management is not just to have a plan but to have one based on values, priorities, and goals. It's about aligning your money with your values so that your finances reflect what's important to you. In this episode, Steve talks with Michael Thompson. Michael is the Senior Wealth Advisor at Copper Leaf Financial with more than 25 years of experience helping clients achieve their financial goals. Also serving as a partner at Copper Leaf Financial, Michael is the steward and director of the planning process, driving strategy, bringing together expertise, and delivering true, comprehensive planning and wealth management. Michael's areas of expertise are evidence-based and sustainable investing, retiree transitions, and complex estate and philanthropic planning.  Michael talks with Steve about how he partnered with a 35-year-old CPA firm to help them take the next step in helping their clients get what they call true wealth management, their planning process, and how his past career prepared him to take on the challenge of launching Copper Leaf Financial to reach the success they've had to date.   Key Takeaways [01:42] - An overview of how Copper Leaf Financial serves its clients.  [03:32] - The reasons behind Copper Leaf Financial's founding. [07:35] - What made Michael the right person to launch Copper Leaf Financial. [13:20] - What true wealth management means. [15:02] - The challenges of partnering with an already successful accounting firm. [18:34] - What it's like to be a CPA and wealth manager. [20:21] - How Michael and his team run their CPA and wealth management firm. [22:49] - What the deliverables of a CPA and financial planning firm look like. [26:09] - How Michael integrated eMoney and MoneyGuidePro into their business process. [27:25] - Copper Leaf Financial's onboarding process. [33:24] - How Michael stays on top of the wealth management industry.   Quotes [08:26] - "I grew up in a world where financial planning is all about not just having a plan but implementing and managing that plan through time." ~ Michael Thompson [14:15] - "True wealth management is about aligning the money to live the life people want and helping them achieve that level of fulfillment and contentment." ~ Michael Thompson [29:52] - "We never get pushback anymore. I always tell people that if there's a pushback, it's in our brain or the advisor's brain and not the client's brain. If we tell clients the reason we charge, that makes sense for clients and certainly makes sense for us." ~ Michael Thompson   Links  Michael Thompson on LinkedIn Copper Leaf Financial John Davis Bret Hodgdon Davis & Hodgdon CPAs Brian Portnoy MoneyGuidePro eMoney Advisor   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners  on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third-party data which may become outdated or otherwise superseded without notice. Third-party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professionals based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

This week's Misfit Entrepreneur is Jeff Johnson. Jeff is a wealth adviser with Buckingham Strategic Wealth and the author of One Decade to Make Millions, A Strategy to Maximize the Power of Your Twenties. When I heard the title of the book, I knew I had to talk to Jeff to learn what he was teaching people in their youth to do to retire wealthy, but I also was interested in what people who maybe didn't get off to as a good of a start in their early years building wealth, can do now to make a difference in their years to come. Needless to say, Jeff's practical advice and easy to understand actions can help anyone looking to improve their wealth make a difference for themselves. And I've asked him on to share all that he can to help you do so. www.JeffCJohnson.com Book: One Decade to Make Millions Jeff has been on the financial services world for over 40 years. He has learned from the clients he worked with over the past 4 decades and noticed traits of those that were most successful. Much of this is what he wrote about in his book. One of the biggest things they did was maximize their 20's. Jeff became passionate about helping young people when he taught a personal finance class Nebraska. Share the story about the bookkeeper and the surgeon… It's a true story. The bookkeeper was a client who started saving with Jeff in 1983. They didn't make a lot of money but were thrifty. The bookkeeper retired with significant wealth in his early 60's. The surgeon came to Jeff about the time he was ready to retire. The surgeon had some money saved, but not nearly enough. He was making a million dollars a year but spent most of it and didn't or set themselves up to succeed in wealth. Why do you think we don't teach financial education and wealth building in our school system? I don't know, but it is something that should be taught at home. The bookkeeper's children were good with money and the surgeon's were not good with money – teaching your children at home is critical to their financial success. What is someone's 20s so critical to financial success? It allows for the miracle of compounding to occur. 30-40 year of compounding is such a huge advantage over even 20 years of compounding. Compounding doesn't just pertain to monetary growth, but effort and productivity. If you work very hard and set aside money to compound and continue to add to it in you 20's, it almost becomes like snowball rolling down a hill gaining momentum. The story of the doctor and the nurse. The story shares how clients of Jeff's that were identical twins did in their wealth. One became a nurse and saved diligently in their 20's til about 30 and then let it compound until they were 70. The other went to medical school and became a doctor and stopped saving early one, but then started saving from age 30 to age 70. So, the nurse saved only for 10 years, from age 20 to 30 and the doctor saved from 30-40. Guess who had the most money? The nurse did because they got started so much earlier. Now imagine if you started saving in your 20's and continued to your 60's/70's. 5 steps to take control of your financial future? They are called the 5 Financial Foundations. They are the 5 keys to successful wealth building from working with the wealthy. 1: They always save money. Even when they were young. 2: They always have and keep a cash reserve. 3: Almost all working people have their biggest pool of money in some sort of retirement plan. 4: They own the right size home. They live comfortably, but not extravagantly. 5: They do not have bad debt. They borrow on things that can increase in value like homes or businesses. You say, “money is not important.” Explain that…. Money itself is not important. Just keep track of money doesn't bring happiness. Money is important because it allows you to do the things you want to do and provide a better life. So, it's not the money. It's what it allows you to do that matters. That is where the value is. There are people that are very wealthy, but not happy. Actions people can take right now to start putting these principles into practice? Get started. Save some amount of money. Anything to get going and learning how to accumulate money. Next, become familiar with what your investment decisions are. Read books by John Bogle and others. Self-educate. Once you have $10-20k saved, you can then really start making it work. Even something like the compounding power of dollar-cost averaging over time can make the difference. If you are starting later in life in life, you have to do things differently. You may have cut down on a lifestyle to get out of debt or downsize so you can save money. Let's talk more about people later in life. Say someone is “late to the party in their 30's and 40's,” what can they do to make a difference? Go through everything you spend on. Get a very good idea of what your real bills and expenses are. Cut out the fat. Use the money you were spending on the fat and start putting that toward paying down debt to get rid of it. You will have to cut back and change your lifestyle. The challenge is people will notice, so if you really care what other people think – it will be tough for you. At the 33 min mark, we have a great discussion about “expanding your means.” Anything else that you think is important? Get intentional about your life and what you want – forget about what other people think and it will be much easier to save and grow wealth. Lessons from your entrepreneur journey? Jeff was a stockbroker for 20 years and then started his own financial services firm. He ended up merging his firm with the firm he is in now. He made a lot of mistakes, but he took the time to learn from them and figuring out what worked and what didn't. He was intentional about what he wanted and how he would do it. He loves his work and that fueled him to work harder at it and get better. Have a business plan as an outline and a basis for what you want to do – but it won't work out as planned.   Best Quote: Money itself is not important. It allows you to do the things you want to do and provide a better life. So, it's not the money. It's what it allows you to do that matters. That is where the value is.   Jeff's Misfit 3: Be intentional. Have a specific plan and know what is important to you. Once you know what it is you want and why – get started as soon as possible. Execution is more important than creating the plan. Have fun but live in a state of gratitude. Gratitude squeezes out all the other bad emotions.   Show Sponsors Shopify: Get a 14-day FREE trial at www.Shopify.com/misfit Check out Goldming Inc as a potential Gold investment play. (Check with your financial advisor first) www.Goldmining.com  

It is common for people to focus on planning their financial future. They plan for retirement and save for major purchases. Unfortunately, taxes play a significant role in their savings and investment. Despite this, there is a disconnect between tax professionals and financial advisors. What can financial services firms do to bridge the gap between tax professionals and financial advisors to best serve their mutual clients? In this episode, Steve talks with Steven Jarvis, CEO and Head CPA of Retirement Tax Services. In his role, Steven works with financial advisors to deliver massive value on tax planning through a year-round tax service model that keeps the advisor in control but leverages the team's expertise. His goal is to help bridge the gap between tax professionals, financial advisors, and their mutual clients to reduce most people's largest retirement expense - taxes. Steven talks with Steve about how he built a company devoted to helping advisors who are committed to tax planning and preparation, what makes a successful partnership between a CPA and an advisor, and the importance of using technology and software to maximize efficiency, but how it cannot replace the experience and wisdom of an advisor.   Key Takeaways [01:59] - Steven's journey to building a successful tax services firm. [04:03] - Why tax services did not exist before. [05:36] - How Steven and his team have continued to grow over the years. [08:27] - How advisors and tax professionals can build a great working relationship. [10:47] - Stevens' approach to partnering with advisors. [12:20] - How Steven and his advisors work with clients during tax preparation. [16:51] - The qualities Steven looks for in an advisor. [20:37] - Why most advisors do not provide tax planning services. [23:17] - The benefits of software programs for tax planning. [26:17] - What Steven looks for in advisors and how he works with them. [28:29] - Costs associated with tax preparation. [31:28] - A book Steven recommends reading.   Quotes [04:28] - "The industry has been built on compliance and filing returns every year. It's a high-volume, low-margin game, especially for solo CPAs or small CPA teams. They don't own businesses. They own jobs. They can only grow if they put in more hours and if they turn out more returns." ~ Steven Jarvis [13:38] - "Most people want to know they're taken care of, but they don't feel like they need to sit down with a CPA. Taxpayers are a passenger on the bus. They're not the driver."~ Steven Jarvis [21:02] - "Advisors see the value of tax planning but aren't sure how to do so. They feel limitations either because they're not a CPA or their client already has a CPA, and they're not sure where those boundaries are of not stepping on other people's toes or crossing kind of professional lines." ~ Steven Jarvis   Links  Steven Jarvis on LinkedIn Steven Jarvis on Twitter Retirement Tax Services Retirement Tax Services Podcast Extreme Ownership: How U.S. Navy SEALs Lead and Win   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third-party data which may become outdated or otherwise superseded without notice. Third-party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based on current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Few things are as important to a client's success as having a great team of advisors. Great advisors are always on the hunt for new ways to help their clients grow and live better lives. They understand that it's not just about the business but also the person's life and family. But how can wealth management firms develop great advisors? In this episode, Steve talks with Alex Potts. Alex sits on the Board of Directors for Buckingham Wealth Partners while also serving as President of Buckingham Strategic Partners, comprised of BAM Advisor Services, LLC and Loring Ward. As president, he focuses on forward-looking strategies, vision, and growth for their Turnkey Asset Management Platform (TAMP) business. Alex talks with Steve about the origins of Admired Advisor as content for advisors at Buckingham, the difference between a trusted advisor and a leader, and what great advisors do to serve their clients.   Key Takeaways [01:40] - Alex's journey into the wealth management industry. [03:38] - What wealth management looked like 32 years ago. [06:21] - How TAMP advisors help clients deal with the complexity of investing. [10:05] - The qualities that make a great advisor. [13:18] - What Admired Leadership is and why it matters to advisors. [16:44] - The difference between a trusted advisor and a leader. [21:08] - How behavior affects clients' investment decisions. [27:42] - How can advisors assess if they are truly advisors or just facilitators. [32:09] - The advisors' response to the admired leadership concept. [34:32] - What great leaders do to serve the people around them. [38:05] - What Alex learned from an advisor that changed how he engages with clients. [39:27] - The work Alex is doing now to enhance advisors' client care.   Quotes [04:42] - "Advisors can build with thousands of asset classes, mutual funds, or ETFs out in the wild. You could build a great portfolio, but the portfolio is only as good as the solutions you bring your clients." ~ Alex Potts [12:18] - "When you see a great advisor, you see a great leader. Not only are they great advisors to their community of clients, but they're also great leaders outside of their advisory business." ~ Alex Potts [35:38] - "Great leaders are always on the hunt for ways to help people around them live better lives." ~ Alex Potts   Links  Alex Potts on LinkedIn Buckingham Strategic Partners Santa Clara University Chip Roame Dimensional Fund Advisors   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners  on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Much thought and discussion go into the right way to do things in financial services. But what is the right way? While every financial advisor has their methodologies, processes, and systems, successful financial advisors share things in common. They are passionate about their work, have a deep conviction that they are making a difference in their clients' lives, and are vulnerable with their clients, sharing their own stories and experiences in a way that builds trust.  In today's episode, Steve talks with Matt Miller, Regional Director at Buckingham Strategic Partners. Before joining Buckingham, Matt worked as an Associate Regional Director for Dimensional Fund Advisors. At Buckingham, Matt manages the Associate Regional Director's team, which serves advisors, start-ups, and clients interested in partnering with the company. Matt talks with Steve about his life and business experiences, how conviction usually leads to vulnerability, and how vulnerability plays an important role in creating strong relationships with clients.   Key Takeaways [01:44] - How Matt came to join Buckingham Strategic Partners. [05:48] - People who had a significant impact on Matt's life. [10:10] - How Matt knows if an advisor has a conviction. [13:09] - What Matt did to overcome advisors' resistance. [14:57] - How an advisor runs a great practice. [17:36] - What Matt usually talks about during client events. [20:29] - The qualities that make advisors more successful. [24:48] - What advisors need to do to avoid burnout and keep their passion high. [26:13] - How Matt spends his time outside of work. [27:27] - What Matt learned from people who have had the biggest impact on his life.   Quotes [08:02] - "As I begin to see the power of relationships, I see those things that I thought were my biggest weakness could be my biggest strength if I embraced them." ~ Matt Miller [09:55] - "We need to wake up every day, and we don't want just to strap our shoes on to go to the office. We wanted purpose, conviction, and passion behind what we do." ~ Matt Miller [12:13] - "To have conviction, you have to have the ability and the skills. You can't just think you're doing a good job. You have to know you are doing a good job." ~ Matt Miller   Links  Matt Miller on LinkedIn Dimensional Fund Advisors Bo Cornell Jeffrey Levine Michael Kitsis   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third-party data which may become outdated or otherwise superseded without notice. Third-party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

Financial independence and security are life goals. They are something that most people aspire to achieve. And while there's no magic bullet for financial success, one important step you can take to give yourself the best chance of achieving your financial goals is life planning.  In this episode, Steve talks with Joe Delaney, Founder and Managing Director at Lifeguard Wealth. With more than 35 years of financial industry experience, Joe founded Lifeguard Wealth to help others realize their goals and dreams. He reinforces his seasoned experience as a wealth manager, corporate executive, business owner, real estate owner and broker, CPA, and community leader, by collaborating with a national network of financial professionals and academic thought leaders.  As a former ocean lifeguard in his youth, Joe integrates his first responder mentality and talks about what it means to be a life planner. He also speaks about the tools needed to understand the client's most profound goals, what motivates him to start his advisory firm, and how he establishes long-term client relationships.   Key Takeaways [01:30] - How Lifeguard Wealth serves its clients. [04:01] - How Lifeguard Wealth got its name. [08:12] - Joe's professional career before Lifeguard Wealth. [10:04] - What it means to be a life planner. [16:18] - How Joe defines the line between client relationships and advisory work. [18:38] - How Joe establishes long-term client relationships. [21:03] - What motivated Joe to start his advisory firm. [25:31] - Joe's approach to working with multi-generational clients. [30:33] - What was Joe's client engagement like during the pandemic.   Quotes [10:54] - "We're only on this earth for a very short period of time, so why not live your best life." ~ Joe Delaney [19:12] - "It's important to get to know clients and ensure they're going to be a good fit. Not every client's the right client, and we're not always the right advisor for a client opportunity." ~ Joe Delaney [22:26] - "Referrals are the currency of ProVisors. I'm consistently the number one giver in my group. I have plenty to give, and when you give, you do receive." ~ Joe Delaney    Links  Joe Delaney on LinkedIn Lifeguard Wealth ProVisors PGIM Real Estate Lend Lease Property Capital LLC Blackstone Kinder Institute of Life Planning George Kinder EVOKE Life Planning Training John Bowen CEG Worldwide   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

In this sixth clip from Jim Lange's May 2022 virtual event How IRA and Retirement Plan Owners Can Protect Their Hard-Earned Retirement Dollars from Accelerated Taxation' Jim gets down to the 'nitty-gritty' and begins to discuss financial master planning. This is what he and his firm love doing!Go to https://paytaxeslater.com/webinars  to register for Jim's upcoming July 2022 virtual event series 'How IRA and Retirement Plan Owners Should Respond to High Inflation While the Market is Down' being held Tuesday, July 19th and Wednesday, July 20th beginning at 10 am Eastern both days. Follow the link above to register for one, or all four webinars! If you're interested in discussions on investments, register for the Q&A session featuring Larry Swedroe of Buckingham Strategic Wealth being held Wednesday, July 20th beginning at 1 pm Eastern!

In this fifth clip from Jim Lange's May 2022 virtual event How IRA and Retirement Plan Owners Can Protect Their Hard-Earned Retirement Dollars from Accelerated Taxation' Jim discusses the importance of keeping an open mind when it comes to gifting when it comes to your retirement and estate planning. Go to https://paytaxeslater.com/webinars  to register for Jim's upcoming July 2022 virtual event series 'How IRA and Retirement Plan Owners Should Respond to High Inflation While the Market is Down' being held Tuesday, July 19th and Wednesday, July 20th beginning at 10 am Eastern both days. Follow the link above to register for one, or all four webinars! If you're interested in discussions on investments, register for the Q&A session featuring Larry Swedroe of Buckingham Strategic Wealth being held Wednesday, July 20th beginning at 1 pm Eastern!

Lessons from a strong leader apply to every managerial role. Whether you oversee employees, advisors, clients, or whomever, the principles of management are universal. Wendy Hartman, President of Buckingham Strategic Wealth, is no stranger to practicing what she preaches, applying the same leadership and communication skills to her advisors as she expects advisors to do for their clients.  Before she led advisors through client relationships, Wendy was establishing relationships of her own. Eventually, after time spent as a credit analyst and a Master's Degree in Finance, those relationships landed her a role in wealth management. There, Wendy worked hands-on with clients for the first time, learning to serve clients well and truly understanding the importance of being a fiduciary. That time spent with clients and career-long friendships also introduced Wendy to Buckingham. In this episode, Wendy talks with Steve about the value of friendship, how Wendy's relationship framework guides her philosophy on managing teams and clients through periods of growth, how to build and maintain a positive work culture, invaluable strategies for avoiding conflict, and the one career lesson Wendy wishes she'd learned earlier.   Key Takeaways [01:11] - How Wendy became Buckingham's president.  [03:20] - What Wendy's career looked like before Buckingham.  [06:36] - How Wendy approaches goals and what goals she has for Buckingham. [10:18] - How Wendy manages relationships throughout periods of busy growth. [13:55] - Why Wendy's relationship strategy with advisors mirrors the advisor-client relationship she encourages.  [15:18] - How long it takes new teams, new branches, and new offices to fully integrate into Buckingham's and shared vision.  [17:48] - How Wendy helps advisors eliminate distractions and focus on client relationships.  [21:05] - What a typical team looks like within one of Wendy's offices.  [23:10] - What characteristics Wendy looks for when adding team members, and her process for identifying those characteristics.  [27:04] - Why talent will choose Buckingham in a competitive market.  [29:10] - How Wendy handles conflict among advisors.  [32:46] - An important lesson Wendy wishes she learned earlier. [34:02] - An advisor Wendy aims to emulate.    Quotes [06:17] - “Throughout all of the different positions I've held, it's always been a focus on the clients and serving clients well, and I would just really credit all of those different experiences to really being able to then connect with all the clients I've served over the years.” ~ Wendy Hartman [13:35] - “When everyone is part of what the growth is, what is being communicated, and they feel a part of it, we're able to achieve really amazing things together.” ~ Wendy Hartman [24:17] - “The wealth advisor in particular, it has to be a strong leadership mindset and that people will want to follow you. And what I mean by that is, clients will work with our advisors because of who our advisors are.” ~ Wendy Hartman   Links  Wendy Hartman Bank of America  Bert Schweizer    Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners  on Twitter

Episode #46 features two guests who discuss Environmental, Social, and Governance (ESG) investing. The first guest is Larry Swedroe, Chief Research Officer of Buckingham Strategic Wealth and the co-author of a new book titled Sustainable Investing with Samuel Adams. The second guest is Dr. Ellen Quigley, Special Advisor to the Chief Financial Officer at the University of Cambridge and a Senior Research Associate in Climate Risk and Sustainable Finance at the Centre for the Study of Existential Risk.   This podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free website at Bogleheads.org and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities around the country. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added on a regular basis. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

CNBC's Bob Pisani spoke with Mona Naqvi, Global Head of ESG Capital Markets Strategy at S&P Global and Larry Swedroe, Chief Research Officer at Buckingham Strategic Wealth – and author of the new book “Your Essential Guide to Sustainable Investing.” They discussed the ABC's of ESG; what works and what doesn't work when it comes to ESG investing, what mental and financial hurdles the world of ESG might be facing and how investors can look beyond those hurdles as they strive to go for the green. In the ‘Markets 102' portion of the podcast, Bob continues the conversation with Larry Swedroe from Buckingham Strategic Wealth.

In this fourth clip from Jim Lange's January 2022 Q&A session featuring Larry Swedore and Adam Yofan, Jim and the Dream Team continue tackling live room and pre-submitted questions! To get information on registering for Jim Lange's future FREE retirement events go to https://paytaxeslater.com/webinars

In this third clip from Jim Lange's January 2022 Q&A session featuring Larry Swedore and Adam Yofan, Jim and the Dream Team continue tackling live room and pre-submitted questions! To get information on registering for Jim Lange's future FREE retirement events go to https://paytaxeslater.com/webinars

In this second clip from Jim Lange's January 2022 Q&A session featuring Larry Swedore and Adam Yofan, Jim and the Dream Team continue tackling live room and pre-submitted questions! To get information on registering for Jim Lange's future FREE retirement events go to https://paytaxeslater.com/webinars

In this first clip from Jim Lange's January 2022 Q&A session featuring Larry Swedore and Adam Yofan, Jim and the Dream Team tackle live room and pre-submitted questions!  To get information on registering for Jim Lange's future FREE retirement events go to https://paytaxeslater.com/webinars

This month’s episode features two incredible guests: Rob Ziliak, Chief Operating Officer at Buckingham Wealth Partners and Ryan Armock, Head of Operations at Thrivent Advisor Network. Founded in 2019, Thrivent currently has 450 employees, and manages $6.5B in AUM. Buckingham Wealth Partners, a well-known RIA founded in 1994, currently manages $65B in collective assets between Buckingham Strategic Wealth and Buckingham Strategic Partners and has 540 employees. Together, Matt, Rob, and Ryan discuss the effect their respective roles play in creating and ensuring a great client experience and much more, including: An overview of each firm and their respective strategies for growth How each firm has adapted their business throughout the pandemic and the long-term effects of these changes What our guests are doing to attract the best talent in the current job market How our guests’ roles in operations impact their firm’s M&A strategy We hope you enjoy, share, and subscribe! You can listen and subscribe on Google Podcasts, Apple Podcasts, or Spotify. Sign up here to be notified of new practice management content added to our blog on a regular basis. Investment advisory services offered through Thrivent Advisor Network, LLC., (herein referred to as “Thrivent”), a registered investment adviser. Advisory Persons of Thrivent provide advisory services under a “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. Thrivent Advisor Network reported over $5.3 billion in AUM in its latest annual Form ADV filing. Thrivent Financial for Lutherans is ranked 369 on the Fortune 500. (Fortune Magazine, June 2021). Correction: When Ryan Armock states, "…and that brings us to where we are at today with about six and a half billion in assets under management, about 450 employees and about 300 IARs.” the correct number is 200 IARs.

This month’s episode features two incredible guests: Rob Ziliak, Chief Operating Officer at Buckingham Wealth Partners and Ryan Armock, Head of Operations at Thrivent Advisor Network. Founded in 2019, Thrivent currently has 450 employees, and manages $6.5B in AUM. Buckingham Wealth Partners, a well-known RIA founded in 1994, currently manages $65B in collective assets between Buckingham Strategic Wealth and Buckingham Strategic Partners and has 540 employees. Together, Matt, Rob, and Ryan discuss the effect their respective roles play in creating and ensuring a great client experience and much more, including: An overview of each firm and their respective strategies for growth How each firm has adapted their business throughout the pandemic and the long-term effects of these changes What our guests are doing to attract the best talent in the current job market How our guests’ roles in operations impact their firm’s M&A strategy We hope you enjoy, share, and subscribe! You can listen and subscribe on Google Podcasts, Apple Podcasts, or Spotify. Sign up here to be notified of new practice management content added to our blog on a regular basis. Investment advisory services offered through Thrivent Advisor Network, LLC., (herein referred to as “Thrivent”), a registered investment adviser. Advisory Persons of Thrivent provide advisory services under a “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. Thrivent Advisor Network reported over $5.3 billion in AUM in its latest annual Form ADV filing. Thrivent Financial for Lutherans is ranked 369 on the Fortune 500. (Fortune Magazine, June 2021). Correction: When Ryan Armock states, "…and that brings us to where we are at today with about six and a half billion in assets under management, about 450 employees and about 300 IARs.” the correct number is 200 IARs.

Happy Monday, AJ is back! Today we get into our dreams, because someone can't stop having dreams about their ex! But what are your dreams trying to tell you. It is Money Monday, we want to discuss cryptocurrency, because we still don't get it! Plus, January is done, and are your new year resolutions gone too?     Special guests: Lauri Quinn Loewenberg - Professional Dream Analyst and Pin Up Artist. Ryne Vickery - Wealth Advisor at Buckingham Strategic Wealth. Dr. Josh Klapow - Clinical Psychologist, author of 'Living Smart: Lifestyle Change Made Simple'

In this part two edition from Jim Lange's September 2021 Q&A event, Jim Lange is joined by Larry Swedore and Adam Yofan, as he is regularly, to answer your questions on retirement. To get more information on how to make your retirement work best for you, go to https://paytaxeslater.com.If your questions have been answered, and you're interested in a Financial Plan or Assets Under Management, please call 1-800-387-1129 and speak to Edie to schedule an appointment.

In this clip from Jim Lange's September 2021 Q&A event, Jim Lange is joined by Larry Swedore and Adam Yofan, as he is regularly, to answer your questions on retirement. To get more information about Jim, go to https://paytaxeslater.com.If your questions have been answered, and you're interested in a Financial Plan or Assets Under Management, please call 1-800-387-1129 and speak to Edie to schedule an appointment.

In today's episode, Rusty talks with Larry Swedroe, the director of research for Buckingham Strategic Wealth. Larry finished his MBA in Finance and Investment from NYU. Larry stays connected to the financial industry by spearheading research for Buckingham and the BAM Alliance, but he's also a prolific writer who has authored or co-authored 16 books. His mission is to explain investing theories to investors in an accessible and straightforward way. Larry talks with Rusty about evidence-based investing, the effects of sustainability on investing, and diversifying portfolios with risky assets. "You should invest in as many unique sources of risk as you can identify that meet all of the criteria that I established—those five criteria of persistence, robustness, pervasiveness, implementability, and intuitive rationale. Everything we do is based upon not my opinion, but the evidence has to meet those criteria" ~ @LarrySwedroe Main Takeaways  Evidence-based investing is always the winning strategy. Focusing on the risk you can handle and ignoring stock picking and market timing can help you beat the market. Larry'sMy three rules of investing — are: give advice based on evidence, identify risk factors, and examine the robustness of the market.  The five criteria for examining risk —are persistence, robustness, pervasiveness, implementability, and intuitive rationale. Sustainable companies get better ratings, which then eventually helps them increase their cash flows and drive their valuations up. Investors are now seeing this trend, too, and their actions as investors can impact how companies implement their objectives. Risky assets should have similar risk-adjusted returns. Portfolios must be diverse and should consider including alternative investments. Blockchain technology is truly innovating the finance world, but the key advice for investors is to assess and accept the changing regulations and the massive illiquidity it might face. Links Larry Swedroe on Twitter Larry Swedroe on LinkedIn Garryowen (from the film They Died with Their Boots On featuring Errol Flynn) Buckingham Strategic Wealth Reducing the Risk of Black Swans by Larry Swedroe Warren Buffett Lost $132 Million On Financial Weapons Of Mass Destruction Wall Street Journal Continental Can Company Kimberly Clark Baruch Lev A note on the relationship between Fama-French risk factors and innovations of ICAPM state variables Morningstar Appirio Parametric Portfolio Association Levi Strauss Cliffwater Stoneridge Ray Dalio Harvard University Yale University SEC Bernard Baruch's 10 Trading Rules Connect with our hosts Rusty Vanneman Robyn Murray Subscribe and stay in touch Apple Podcasts Spotify Google Podcasts 2344-OAS-8/19/2021

Larry Swedroe and Adam Yofan join Jim for his latest Q&A session from Jim Lange's June.  2021 webinar series. Listen in and find out if these Titans of Finance are answering any of your finance questions!If they haven't and you want to get in on these virtual events, you can join Jim Tuesday and Wednesday, September 28th and 29th for amazing information including two different Q&A sessions one featuring Larry Swedroe and Adam Yofan of Buckingham joining in!To register for this two-day webinar event go to https://paytaxeslater.com/webinars to register. If you have a prior obligation, not to worry! Register for these virtual events, and if you can't make it, you'll get a rebroadcast link to your email!Jim Lange also has a new book coming out! Retire Secure for Professors will be the next big retirement book full of information that University Professors will find universally useful! Not a Professor, but know someone that is or works in the university field? Get a copy of the Advance Reader Copy by clicking here!

Our guest on the podcast today is author and financial educator, Manisha Thakor. Manisha is founder of MoneyZen, a financial education consultancy. She's also the coauthor of two books with Sharon Kedar: On My Own Two Feet, published in 2007 and updated in 2013, and Get Financially Naked, which came out in 2009. Prior to founding MoneyZen, Manisha was vice president of financial well-being at Brighton Jones. Before that she was director of wealth strategies for women at Buckingham Strategic Wealth. Earlier in her career, Manisha held positions at several investment management firms, including Fayez Sarofim, Sands Capital Management, and Atalanta/Sosnoff Capital. Manisha is a chartered financial analyst and a certified financial planner. She received her bachelor's degree in American Studies from Wellesley College and her MBA from Harvard Business School.BackgroundBioMoneyZenOn My Own Two Feet: A Modern Girl's Guide to Personal Finance, by Manisha Thakor and Sharon Kedar.Get Financially Naked: How to Talk Money With Your Honey, by Manisha Thakor and Sharon Kedar.Women in Investing/Financial Planning“The White House Report on Women: 3 Surprising Insights,” by Manisha Thakor, moneyzen.com, March 8, 2011.“Women Are Quitting: How We Can Curb the ‘She-Cession' and Support Working Women,” by Margie Warrell, forbes.com, Jan. 26, 2021.“The 5 Most Common Mistakes Investors Make,” by Manisha Thakor, moneyzen.com, Oct. 7, 2013.“Growing Up Comfortable With Money,” by Candice Helfand-Rogers, thestoryexchange.org, June 5, 2014.Financial Wellness in Younger Generations and Couples“The Worst Financial Advice to Give to a College Grad,” by Manisha Thakor, wsj.com, June 18, 2015.“Gen X & Gen Y--Dialing Financial 911,” by Manisha Thakor, moneyzen.com, Sept. 29, 2010.“Priceless Financial Advice For Recent Graduates,” by Manisha Thakor, feminist.com.“The Math Behind a Pricey College Degree,” by Manisha Thakor, wsj.com, April 16, 2014.“Don't Buy a Property Before Saying ‘I Do',” by Manisha Thakor, wsj.com, Feb. 12, 2014.All Your Worth: The Ultimate Lifetime Money Plan, by Elizabeth Warren and Amelia Warren Tyagi.“What is the 50/20/30 Budget Rule?” by Eric Whiteside, Investopedia.com, Oct. 29, 2020.“The Beauty of a Budget,” by Manisha Thakor, moneyzen.com, March 18, 2013.“The Quiet Wisdom of Saving,” by Manisha Thakor, moneyzen.com, Dec. 8, 2011.“Manisha Thakor on Managing Money in Uncertain Times,” by Kathleen Harris, thecru.com, April 10, 2020.“Teresa Ghilarducci: To Fix Retirement, Expand Social Security,” The Long View Podcast, Morningstar.com, May 19, 2021.Your Money or Your Life: 9 Steps to Transforming Your Relationship With Money and Achieving Financial Independence, by Vicki Robin and Joe Dominguez.“The Marriage of Love & Money: How to Protect Yourself From Financial Heartbreak,” by Manisha Thakor, moneyzen, May 6, 2013.“How to Become a Financially Compatible Couple,” by Manisha Thakor, wsj.com, Feb. 13, 2015.Financial Advice“Finding the Right Advisor: It's Complicated,” by Jim Pavia, cnbc.com, Jan. 15, 2015.“Reboot Your Finances: A 3-Part Workshop for Women,” with Manisha Thakor, eomega.org.EllevestBettermentXY Planning NetworkMental Health“Slow Down to Do More: ‘Enjoy Life' With Manisha Thakor,” by Ben Ari, thriveglobal.com, April 24, 2020.“Walking the Tightrope Between Workaholism and Mental Health,” mmlafleur.com, April 5, 2019.

In this episode, Steve talks with Larry Swedroe, Chief Research Officer at Buckingham Strategic Wealth. Larry's father was a stock market junkie who purchased stocks for Larry the day he was born. When kids his age were reading comics, Larry was reading the financial section of the New York Times. Larry's ferocious interest in investing persisted throughout college and into his early career. After earning his MBA and, ultimately, a Ph.D. in economics and international trade theory, Larry landed a job at Citi Corp before transitioning into their homeowner's division. At the time, mortgages were the hot new financial ticket. A million-dollar mistake taught Larry the importance of broad diversification. As he developed within the financial services industry, he learned that keeping an open mind and holding your opinions loosely was the best way to work and live. Larry talks with Steve about his incredible journey in the industry, the power of positivity, why ego is overrated, and what ultimately led Larry to partner with Buckingham in the 1990s and commit to helping advisors full-time. “Your ideas should not be tied up with your sense of self-worth as a person. When you learn something new, be open to it, and here's what you should tell yourself: ‘I'm glad I learned I was wrong, I'm now smarter.'” ~ Larry Swedroe Main Takeaways As advisors, you have to be passionate about the ideas and processes you're recommending to your clients. You must have a point of view that's (nearly) unwavering. If you can't convey your ideas with passion and conviction, no one will listen to you. Be wary of your pessimism. Staying negative is no way to live, but that pessimism also seeps into your ability to predict financial outcomes. You can't always assume the worst is coming. When the evidence doesn't mesh with your theories, you must toss the theory away, not the evidence. Judge the quality of your decisions by the decision-making process, not by the outcome. When people are emotional, they rarely listen to reason and they rarely make good decisions. So advisors must learn to be psychologists and speak to their clients on an emotional level rather than spewing facts and academic theory and hoping it will stick. Clients shouldn't dismiss more passive investing strategies because effort should never be confused with results. Links and Important Mentions Larry on LinkedIn Citi Corp A Random Walk Down Wall Street by Burton Malkiel Dimensional Bitcoin The Incredible Shrinking Alpha by Larry Swedroe & Andrew Berkin Subscribe and Stay in Touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter

Lots of topics to cover in this episode - I answer reader questions about student loan repayment and the best strategies for dental specialists. We also dive into what I think about the chance of Biden forgiving student loan debt and what that could mean for your taxes, and we have an interview with Justin Sloan, CFA, CFP, about asset allocation and the best way to save for retirement.   In today’s episode, you'll find out: Why dental specialists have higher student loan debt than other borrowers How to handle student loan repayment during residency What to do if you didn’t file a tax return because you had $0 income How to make a $0 monthly payment on your student loans during residency Whether REPAYE or PAYE makes more sense for repayment What to do about accrued interest on your student loans When paying extra on your student loans is like throwing money away Why it doesn’t make sense to pay extra toward accrued interest Will Biden cancel some student loan debt Can student debt cancellation be done legislatively What happens if Biden issues an executive order canceling student loan debt Why canceled student loan debt could cost you more money How to best save for retirement The importance of asset allocation and diversifying your savings vehicles Why your 401k isn’t enough How to get financial flexibility when preparing for retirement   Full show notes at: http://studentloanplanner.com/106   Like the show? There are several ways you can help! Subscribe on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Follow on Facebook, Twitter, or LinkedIn   Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan

Whether you're seeking an external partner for the purpose of retirement, succession planning, or taking your business to the next level, the merger and acquisition (M&A) process can be daunting for any advisory firm. How do you find the right partner? How do you ensure a good cultural fit for your staff and your clients? What does integration entail post transaction? Catherine Williams, Dimensional's Head of Practice Management, is joined by Susan Strausbaugh of Buckingham Strategic Wealth and Karen Keatley of Modera Wealth Management as they discuss successful M&A experiences at their firms.

It’s important to remember that there is no perfect playbook for female leadership. Instead, drive yourself and your career forward with grit and perseverance, and the mindset of intentionality and empowerment. In this episode, Christine Shaw speaks with Wendy Hartman, president of Buckingham Strategic Wealth, one of the largest RIAs in financial services. Wendy shares her path to holding a role in the company that is most typically held by a man and explains the importance of work/life balance as a leader in business, but also as a wife and mother of two boys.In this episode, you will learn:Why Wendy had a male mentor who helped her to grow into her leadership positionThe importance of grit and perseverance as a leader to invest in yourself and your careerThe steps that Buckingham Strategic Wealth has taken to empower female employees at all levelsWhy it’s important to be intentional with your timeAnd more!Tune in to hear from Wendy Hartman, President of Buckingham Strategic Wealth!Resources: InvestmentNews | Christine Shaw | Buckingham Strategic Wealth | Wendy HartmanGuest bio: As president of Buckingham Strategic Wealth, Wendy Hartman is responsible for providing strategic leadership to the firm by working with the board of directors and our advisory department leaders to oversee and implement goals and team plans to achieve our firm’s strategic priorities. She is charged to ensure the effective delivery of our overall client experience in conjunction with our advisor experience. Her leadership of the firm is not a responsibility she takes lightly. After decades of serving as a wealth advisor, she understands firsthand the power and reward of watching clients, their children and sometimes grandchildren meet their financial goals. She is proud to lead a firm that safeguards so many financial futures and allows clients to spend their time enjoying life and fulfilling their dreams that matter most.Wendy began her career here as a wealth advisor, specializing in collaborating with families across multiple generations to preserve their legacy and pass on the values that made them successful to their future generations. Before taking the reins of the entire Buckingham experience, she most recently served as a managing director for Buckingham, with oversight of our client service and client development departments. Her time as both an advisor and director helped afford her unparalleled experience and insight for her current role as the firm’s leader.Before joining Buckingham in 2010, Wendy was a strategic advisor with Enterprise Trust Company. She served as a portfolio analyst with First Banks, Inc. and an equity analyst with Bank of America Capital Management.She holds an MBA from Saint Louis University and a bachelor’s degree from Truman State University in Kirksville, Mo. Wendy also holds the CERTIFIED FINANCIAL PLANNER™ professional designation. She recently accepted a three year-term as a member of the Midwest NAPFA Board. She is a lifelong resident of St. Louis, where she lives with her husband and two sons.

It’s important to remember that there is no perfect playbook for female leadership. Instead, drive yourself and your career forward with grit and perseverance, and the mindset of intentionality and empowerment. In this episode, Christine Shaw speaks with Wendy Hartman, president of Buckingham Strategic Wealth, one of the largest RIAs in financial services. Wendy shares her path to holding a role in the company that is most typically held by a man and explains the importance of work/life balance as a leader in business, but also as a wife and mother of two boys.In this episode, you will learn:Why Wendy had a male mentor who helped her to grow into her leadership positionThe importance of grit and perseverance as a leader to invest in yourself and your careerThe steps that Buckingham Strategic Wealth has taken to empower female employees at all levelsWhy it’s important to be intentional with your timeAnd more!Tune in to hear from Wendy Hartman, President of Buckingham Strategic Wealth!Resources: InvestmentNews | Christine Shaw | Buckingham Strategic Wealth | Wendy HartmanGuest bio: As president of Buckingham Strategic Wealth, Wendy Hartman is responsible for providing strategic leadership to the firm by working with the board of directors and our advisory department leaders to oversee and implement goals and team plans to achieve our firm’s strategic priorities. She is charged to ensure the effective delivery of our overall client experience in conjunction with our advisor experience. Her leadership of the firm is not a responsibility she takes lightly. After decades of serving as a wealth advisor, she understands firsthand the power and reward of watching clients, their children and sometimes grandchildren meet their financial goals. She is proud to lead a firm that safeguards so many financial futures and allows clients to spend their time enjoying life and fulfilling their dreams that matter most.Wendy began her career here as a wealth advisor, specializing in collaborating with families across multiple generations to preserve their legacy and pass on the values that made them successful to their future generations. Before taking the reins of the entire Buckingham experience, she most recently served as a managing director for Buckingham, with oversight of our client service and client development departments. Her time as both an advisor and director helped afford her unparalleled experience and insight for her current role as the firm’s leader.Before joining Buckingham in 2010, Wendy was a strategic advisor with Enterprise Trust Company. She served as a portfolio analyst with First Banks, Inc. and an equity analyst with Bank of America Capital Management.She holds an MBA from Saint Louis University and a bachelor’s degree from Truman State University in Kirksville, Mo. Wendy also holds the CERTIFIED FINANCIAL PLANNER™ professional designation. She recently accepted a three year-term as a member of the Midwest NAPFA Board. She is a lifelong resident of St. Louis, where she lives with her husband and two sons.

In this episode, Steve talks with Dan Goldie, a Certified Financial Planner with Buckingham Strategic Wealth. Though his career started as a professional tennis player, Dan shifted his to financial services in the 90s and never looked back.  Starting from zero clients and minimal experience in 1991, Dan was able to grow his one-man office to 250 clients with $900M in AUM. Even though he's still doing things mostly by himself, he does lean on Buckingham for support. He likes to say he was always practicing to be a financial planner, even as a tennis player. And that same mindset has paid off in the last 30 years of his career. Dan shares with Steve how he uses passive-oriented investing with his clients, how high standards of client service has led to sustainable growth, and why he thinks most financial planning is unnecessary.  ”I think any strategy that you stick with long-term, you're going to have periods of poor results, not necessarily because the investment strategy is bad but just because of the market environment. You've just got to be disciplined and focused and stick to your approach, stick to what you believe in.” ~ @Dan Goldie Main Takeaways  A lot of financial planning is unnecessary. Try to be efficient and focus on what is top of mind at any given moment. Some clients will never need complex planning, so don't waste your time on it.  Take things a day at a time. Incremental improvements lead to huge gains.  Poor market performance comes with the job. Make sure you educate your clients about your approach and strategy so they don't get cold feet and jump ship when there's a downturn. The industry might be dominated by a handful of firms in the coming decades. It may be better for independent shops to join sooner, and take advantage of the resources. Links and Important Mentions Dan Goldie CFP, CFA The Investment Answer by Dan Goldie and Gordon Murray Larry Swedroe on Twitter Subscribe and Stay in Touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners  on Twitter

Larry Swedroe is the Chief Research Officer at Buckingham Strategic Wealth. He is a pioneer within evidence-based investing that focuses on a scientific approach to investment. He is the author of seven books, including The Only Guide to a Winning Investment Strategy You’ll Ever Need, and the co-author of eight other investment books. At Buckingham, Larry synthesizes peer-reviewed financial journals to come up with custom investment strategies for the firm. He’s made appearances on NBC, CNBC, CNN and Bloomberg Personal Finance and is a regular contributor to Advisor Perspectives and ETF.com. He holds an MBA in finance and investment from NYU. Tune in to hear: - Why money might not be the most important factor in a fulfilling retirement - How you can further elucidate your non-fiscal values and goals in retirement - What are the roles of bonds in a low yield world? - Why you shouldn’t think of dividends as income - How can pre-retirees prepare for the rapid decline in Social Security funding? - What can practical steps can one take to account for extended life expectancies? - What are some unique considerations when face in preparing for retirement? Twitter - www.twitter.com/larryswedroe

As practice owners struggle to get through this tough time, I sat down with Tom Bodin, CFA, CFP®, and a Practice Integration Advisor for Buckingham Strategic Wealth. He shares how business owners can best address financial planning amid the pandemic.   In this episode, you'll find out: How Bodin’s background in legislative analysis helps his financial planning clients Roadblocks dentists, optometrists, veterinarians, and lawyers are facing because of COVID-19 Best ways to maximize tax savings to lower your AGI How practice owners can put away six-figures for retirement annually The importance of a cash balance plan in practice ownership Cash preservation techniques for business owners How wealth planning can help even if you’re just thinking about a practice purchase Full show notes at: http://studentloanplanner.com/77   Like the show? There are several ways you can help! Subscribe on Apple Podcasts, Stitcher, Spotify or TuneIn. Leave an honest review on Apple Podcasts.  Follow on Facebook, Twitter, or LinkedIn   Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan

Jeff Levine is a Certified Public Accountant, Certified Financial Planner, financial adviser, and a complete tax nerd. He is the lead financial planning guru for Kitces.com, home of the popular Nerd’s Eye View blog, and the founder of Fully Vested Advice, Inc., which provides financial education and consulting services to industry professionals. He is also the Director of Advanced Planning at Buckingham Strategic Wealth.   Jeff regularly appears on CNBC and Fox Business and is a frequent guest on nationally syndicated radio shows and podcasts. He is an accomplished author including contributing to Kiplinger, Market Watch, several books, and is often quoted in the country’s leading financial publications, including The Wall Street Journal, The Street, InvestmentNews, and more   This podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance and relevant information to other investors of all experience levels at no cost.   The organization's free website is Bogleheads.org and the wiki site is Bogleheads® wiki. Bogleheads sites are operated by volunteers who contribute time and talent. Donations help defray operating costs.   Since 2000, the Bogleheads' have held national conferences in major cities around the country and currently meet in Philadelphia in the autumn of each year. There are 56 Local Chapters in the US and three Foreign Chapters that also meet regularly. New Chapters are being added on a regular basis.   This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012.

The thirty-fifth NewRetirement podcast. This time, Steve Chen is joined by guest Larry Swedroe —director of research for Buckingham Strategic Wealth — and discusses his new book and what he's learned helping people plan for their future over his 20 plus year career in financial services and wealth management.Recording, editing done by Davorin Robison.© 2020 NewRetirement Inc.

Show from 10/18/19 In this episode of Behind the Markets host Jeremy Schwartz talks to a chief investment officer about how they manage asset allocation, tilts, and long term returns. They get into market cap rates and international investing as well. Plus they get into treasuries and the potential low yields.Guest:Jared Kizer: Chief Investment Officer for Buckingham Strategic Wealth and the BAM ALLIANCE.More Information about Jared and Buckingham Strategic Wealth: https://buckinghamadvisor.com/people/jared-kizer-cfa/ See acast.com/privacy for privacy and opt-out information.

Larry Swedroe is a principal and Chief Research Officer of Buckingham Strategic Wealth, a 17 billion dollar wealth management company headquartered in St. Louis, MO. Since joining the firm in 1996, Larry Swedroe has spent his time, talent and energy educating investors on the elements of investing with an enthusiasm few can match.   Larry has published 17 books that explain investing in layman’s terms. His first book, “The Only Guide to a Winning Investment Strategy You’ll Ever Need” is in its second edition. He has since authored sixteen more books including, “What Wall Street Doesn’t Want You to Know” (2001), “Rational Investing in Irrational Times” (2002), “The Successful Investor Today” (2003), “Wise Investing Made Simple” (2007), “Wise Investing Made Simpler” (2010), “The Quest for Alpha” (2011) and “Think, Act, and Invest Like Warren Buffett” (2012), and his latest book, "Your Complete Guide to a Successful & Secure Retirement" (2019), which is a focus of this podcast.    Previously, Larry was Vice-Chairman of Prudential Home Mortgage, the nation’s second-largest home mortgage lender. He has held positions at Citicorp as Senior Vice-President and Regional Treasurer, responsible for treasury, foreign exchange and investment banking activities, including risk management strategies.   Larry has an MBA in Finance and Investment from NYU, and a BA in Finance from Baruch College.    This podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance and relevant information to other investors of all experience levels at no cost.    The organization's free website is Bogleheads.org, and the wiki site is Bogleheads® wiki. Bogleheads sites are operated by volunteers who contribute time and talent. Donations help defray operating costs.   Since 2000, the Bogleheads' have held national conferences in major cities around the country and currently meet in Philadelphia in the autumn of each year. There are dozens of Local Chapters in the US and several Foreign Chapters that also meet regularly.   This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012.  

Rick Hill is the word integrity personified. Enjoy this special episode as Matt interviews his friend, partner, and mentor! Rick Hill has seen his share of market booms and busts. Cutting his investment teeth at Wharton, he first practiced investment strategy by advising his own father on his DuPont stock. (Rick was right; Dad should have sold when he told him to.) Realizing he had a passion for investing, Rick set out to become a stock broker, intent upon helping people as an investment advisor. When his first job turned out to be less advising and more selling, Rick knew he wanted to make a change. There was a distinct lack of strategy in the field at the time, and Rick felt he owed his clients more than a sales pitch. Rick decided to switch gears by utilizing his background in finance. He earned a spot at Anheuser-Busch and moved his family to St. Louis. In his time there, he helped to institute the ground-breaking practice of utilizing index funds for pension plans and 401(k)s over actively managed funds, saving the company money and providing better retirement benefits for employees.   Rick had been at Anheuser-Busch for 24 years when he decided he was ready to return to the financial services industry. He went to work for Buckingham Strategic Wealth, and shortly thereafter met Matt Hall, who would ultimately become his business partner. Over many meals together, Rick and Matt decided to capitalize on their complementary skills to create their own firm, Hill Investment Group. It was a risky move. “Would clients leave an established firm and go with two guys working in a basement?” Well, they did. Rick and Matt built their firm upon empirical evidence that supports long-term investment success, and most importantly, a desire to help their clients make a better life for themselves. When they started the company in 2005, Rick said he’d give Matt five years before he retired. Now, 14 years later, he still can’t think of anything he’d rather be doing. “I always used to think back on my day, at Anheuser-Busch and even now, ‘Was I productive today? Did I add value to somebody? Did I help a client? Did I help a co-worker? Did I contribute anything to the firm or the clients?’ And I always feel the answer is, ‘Yes.’”     Key Topics Introducing Rick. [00:42] The importance of setting modest expectations. [02:04] The value of being prompt. [04:16] Rick’s background [05:54] Finance in the 1960’s vs. today. [14:00] Rick’s time at Anheuser-Busch, and how that influenced his view of investing. [16:21] Making money through work vs. investing. [22:25] How choosing index funds over individual stocks saves time. [23:55] Shared values and complementary skills in friends and co-workers. [26:11] Rick’s transition back into the investment world. [27:33] The importance of managing fear when the market drops. [32:41] Matt and Rick’s history together. [37:30] Why Rick still enjoys work. [47:39] See the show notes and transcript here Thanks for listening! Be sure to subscribe on Apple Podcasts, Google Podcasts (coming soon), Spotify, or wherever you like to listen to podcasts. Follow the Take the Long View Podcast on Instagram @takethelongviewpodcast and Facebook, and follow host Matt Hall on Instagram @matthallstl, Twitter @matthallhig, or on LinkedIn Connect with the Hill Investment Group on Instagram @hill_investment_group, Facebook @hillinvestmentgroup, Twitter @takethelongview, and on LinkedIn We love our listeners! If you would like to drop us a line or be a guest on the show, please contact Matt.  

Where do investment experts come from? Do they hatch from Ivy League MBA programs? Or is it possible to have one of the most gifted investment thinkers emerge from rural America? Jared Kizer grew up on a farm in Tennessee in a small town of 5,000 people. Growing up an avid baseball player, finance was never on his radar. A series of injuries led Jared to an interest in physical therapy, and for a time it looked like that would be how he’d spend his career. Fresh out of physical therapy school and married to a lovely dietician, Jared realized that neither he or his wife had the financial know-how to guide their businesses. Jared went to the local bookstore in search of resources. There, in the quiet aisles of Barnes and Noble, Jared came upon “The Only Guide to a Winning Investment Strategy You’ll Ever Need”, written by the person who would become his future colleague at Buckingham Strategic Wealth, Larry Swedroe. On a whim, Jared reached out to Larry, and eventually their correspondence led to a job interview. While Jared lacked experience, he proved to be a natural fit in the finance world. Several years into his work at Buckingham, Jared received national acclaim for an article he co-authored, entitled, “The Death of Diversification Has Been Greatly Exaggerated.” Since then, Jared’s analyses have been published multiple times, including a book he co-authored with Larry Swedroe himself. Now a CFA and CIO of Buckingham, Jared helps people make sense of this often-complicated world on a daily basis. He even maintains a blog devoted to finance education at MultifactorWorld.com. Here, he shares his story, strategy and insights for tackling successful investing head-on.   Key Topics Introducing Jared. [00:42] Jared’s background and what led to his interest in finance. [03:16] Jared’s relationship with Larry Swedroe. [07:31] An evidence-based approach to investing. [10:27] Changes in the styles of investing over the last 15-20 years. [11:39] The stock picker’s ability to beat the average. [13:11] Three categories of investment philosophy. [15:03] Buying index funds directly vs. the evidence-based approach. [18:18] Evidence-based vs. total market approach in regard to Vanguard’s out performance of active vs. index funds. [20:09] Jared’s family life. [21:47] Larry Swedroe’s impact. [22:32] Drawing an analogy between sports and investing. [24:49] How Jared’s perception of investing has grown over the years. [29:45] Misconceptions in the investing world. [33:19] Jared’s winning paper for The Journal of Portfolio Management. [38:25] Institutional vs. individual investors. [42:54] Investment advice. [45:47] Jared’s current writing projects. [47:15] Where you can connect with Jared. [50:42] See the show notes and transcript here Thanks for listening! Be sure to subscribe on Apple Podcasts, Google Podcasts (coming soon), Spotify, or wherever you like to listen to podcasts. Follow the Take the Long View Podcast on Instagram @takethelongviewpodcast and Facebook, and follow host Matt Hall on Instagram @matthallstl, Twitter @matthallhig, or on LinkedIn Connect with the Hill Investment Group on Instagram @hill_investment_group, Facebook @hillinvestmentgroup, Twitter @takethelongview, and on LinkedIn We love our listeners! If you would like to drop us a line or be a guest on the show, please contact Matt.  

Defining your "why" can help set you up for successful M&A. Adam Birenbaum, CEO of Buckingham Strategic Wealth, and Jeff Johnson, advisory team lead at Buckingham -- who founded Executive Wealth Management and sold to Buckingham -- share their experiences.

I don’t know why exactly, but lately I’ve been hearing from my millennial clients their big concern about not being able to afford retirement. I’m talking 20 and 30 years olds freaking out because they have no idea how they’ll ever be able to save up $1 million (or most likely more) for retirement, plus pay of their student loans, buy a home, start a family, and just simply live! So, I thought I would bring on a retirement expert who can shed some light on the most important things we all need to know about retirement. My guest for this episode is Larry Swedroe, the author of Your Complete Guide to a Successful and Secure Retirement, as well as the director of research for Buckingham Strategic Wealth and the BAM Alliance. Here are a few things we discussed in this episode. What People Forgot to Plan – What to Do in Retirement Most people focus on the money part. How much do I need? How should I invest to reach that number? Will it be enough? But really, you should start by outlining what you want to do when you’re actually retired. How do you want to fill your days? What’s your exit strategy from the workforce? Are you going to do a full-stop retirement or ease into retirement by going part-time or consult? Before testing out any retirement calculator, define what your retirement will look like first. Planning to Live Longer Than 20 Years in Retirement Another concern I often hear is that we’re all living longer. Many of us will live until 100! So if we retire at 65 and live until 100, that’s 35 years of retirement we need to prepare to have income for. That might make your palms sweaty, but it’s actually fairly simple math to figure out how to afford a long retirement. Larry suggests taking the number of years you plan on being retired for and multiplying it by the gross annual income you’ll need to live off of in retirement. Then, figure out how inflation will come into play, and that’s your number! How to Be a Savvy Investor Larry shared some amazing pieces of wisdom when I asked him about how we all can be savvy investors. Here are his top tips: Make sure you’re only spending money on things that are important to you. Save as early and as often as possible. Make your savings automatic through auto-debits and auto-withdrawals to your savings and investment accounts. Read the book Nudge: Improving Decisions About Health, Wealth, and Happiness by Richard H. Thaler & Cass R. Sunstein to learn how to nudge yourself into doing the right things Invest in low cost Index funds or index ETFs Avoid investment products sold by insurance companies and Wall Street investment brokers as they’ll be more expensive and most likely won’t outperform index funds. Don’t work with any financial profession who earns a commission when working with you. Diversify your portfolio to include more foreign equities and fixed income. Don’t focus solely on domestic stocks and bonds (just Google what happened in Japan). Don’t mistake the home you live in for a real estate investment. If you live in it, it’s not an investment. Once you sell it, it is. Be careful with real estate investing (just look at what happened and is happening in the U.S.) For full episod show notes, visit https://jessicamoorhouse.com/192

Larry Swedroe, a prolific writer on investing topics and Director of Research of Buckingham Strategic Wealth, discusses his latest book, “Your Complete Guide To A Secure And Successful Retirement.”  Among topics discussed: the importance of retirement planning – beyond the numbers; why financing one’s post-work life is more challenging than saving and investing ahead of this life phase; the relative merits of a pot of money vs. a stream of income; Social Security, Medicare and professional financial advice.

Kathryn interviews Director of Research for Buckingham Strategic Wealth and The BAM Alliance Larry Swedroe, co-author of the book “Your Complete Guide to a Successful and Secure Retirement.” As we get older, most of us look forward to a life free from work. But the truth is that retirement can be highly stressful and complex - and all too many Americans fail to plan for it. Swedroe has been featured and interviewed in The WSJ, CBS Moneywatch, and Forbes.com. Kathryn also interviews coach and speaker Kathryn Sollmann, author of the book “AMBITION REDEFINED: Why the Corner Office Doesn't Work For Every Woman and What to Do Instead.” When we reframe what it means to be ambitious, we acknowledge that challenging, lucrative work can be found in many ways that favor personal satisfaction over public applause. Sollmann, a recognized leader in helping women navigate work and life, is a frequent media resource for The Today Show, NPR, The WSJ, The NYTimes, Money, and CNBC.

Kathryn interviews Director of Research for Buckingham Strategic Wealth and The BAM Alliance Larry Swedroe, co-author of the book “Your Complete Guide to a Successful and Secure Retirement.” As we get older, most of us look forward to a life free from work. But the truth is that retirement can be highly stressful and complex - and all too many Americans fail to plan for it. Swedroe has been featured and interviewed in The WSJ, CBS Moneywatch, and Forbes.com. Kathryn also interviews coach and speaker Kathryn Sollmann, author of the book “AMBITION REDEFINED: Why the Corner Office Doesn't Work For Every Woman and What to Do Instead.” When we reframe what it means to be ambitious, we acknowledge that challenging, lucrative work can be found in many ways that favor personal satisfaction over public applause. Sollmann, a recognized leader in helping women navigate work and life, is a frequent media resource for The Today Show, NPR, The WSJ, The NYTimes, Money, and CNBC.

Robin Powell interviews Larry Swedroe, a Principal and Director of Research for Buckingham Strategic Wealth, an independent member of the BAM Alliance, best known for his books and articles on investing. In the interview, Larry talks about his long career and his passion for evidence-based investing. He also discusses his latest book, Your Complete Guide to a Successful and Secure Retirement, which he has co-authored with Kevin Grogan and other colleagues at Buckingham. Unlike his previous books, which have very much focussed on investing, the new book is much more holistic. Planning for a successful life in retirement, says Larry, is every bit as important as planning to have enough money.

On this show, we talked about the reasons why it has become more and more difficult for investors and institutional money managers to find alpha in the stock market with Larry Swedroe, author of 16 books, speaker, industry expert and Director of Research for Buckingham Strategic Wealth.  Listen to learn why the number of active money managers keeps getter smaller! For the Difference Making Tip, scan ahead to 21:28. You can learn more about Larry at BuckinghamAdvisor.com, Twitter and LinkedIn. Click here for a copy of The Incredible Shrinking Alpha Click here for a copy of Winning the Loser’s Game Please subscribe to the show however you’re listening, leave a review and share it with someone who appreciates good ideas.  You can learn more about the show at GeorgeGrombacher.com, or contact George by clicking here.

Larry Swedroe, Director of Research at Buckingham Strategic Wealth and columnist at ETF.com, talks about how his views on active vs. passive investing, the value premium, market predictors and expected returns held up since he wrote his first book 20 years ago - and how he feels today about global diversification and alternative investments. Plus, Joe and Big Al talk dynasty trusts, for those with an estate like Secretary of the Treasury Steve Mnuchin, who is worth about $300 million. Transcript and show notes at http://bit.ly/YMYW_170

My guest on today’s podcast has had what I consider one of the most fascinating journeys into the financial services industry. After making several major shifts in her career—which she began as a freelance and professional cellist who played in the Chicago Symphony Orchestra— Sue Stevens founded Stevens Wealth Management, an advisory firm in the Chicago area that serves 150 clients with nearly $350 million in AUM. In this episode, Sue shares how her unique ability to take leaps of faith led to her leadership roles at Morningstar, Vanguard, Arthur Andersen, and now Buckingham Strategic Wealth. Listen in to hear how she navigated multiple career changes, what she did to craft her own dream job description as the owner of an advisory firm, and her advice for tuning in to your own intuition on your path to success. For show notes and more visit: https://www.kitces.com/70 

My guest on today’s podcast took over as CEO of Buckingham Strategic Wealth and BAM Advisor Services a little over 10 years ago (at just 32 years old!) and has nearly quintupled its size since then. One of the youngest CEOs of any major advisory firm, Adam Birenbaum leads his organization in serving over 22,000 clients and overseeing more than $30 billion in assets under management. In this episode, Adam shares the growth strategies that have worked for Buckingham Strategic Wealth and BAM Advisor Services, as well as why the company has chosen to grow offices in multiple locations. Listen in to hear his advice for leaders of large wealth management firms, how he looks at the mergers and acquisitions marketplace today, and what he says will determine the most successful advisory firms in the future. For show notes and more visit: https://www.kitces.com/66

Larry Swedroe from Buckingham Strategic Wealth talks about factor-based investing for a widely diversified portfolio, and the difference between alpha, beta and smart beta. 7 tax planning tips for millionaires and those who want to be millionaires. Joe and Big Al talk about Social Security and the often overlooked family benefits. And, the fellas answer emails on SEPP, 72(t), IRAs, 8606’s, 1040’s and other mysterious numbers and acronyms.

In this episode of The Lange Money Hour: Where Smart Money Talks, we welcome Larry Swedroe, a noted researcher and nationally recognized investment expert. Larry is director of research for Buckingham Strategic Wealth. He has authored 15 books, including his latest, Your Complete Guide to Factor-Based Investing, as well as Think, Act & Invest Like Warren Buffett, among many others. Larry has made numerous appearances on TV, sharing his ideas with viewers of NBC, CNBC, CNN and Bloomberg Personal Finance. As a researcher, Larry has earned a reputation for evidence-based investing and exposing misinformation coming out in the mainstream financial media. In this episode you’re going to learn what alpha is, why most investors don’t take Warren Buffett’s advice, why active money management is a loser’s game, and we'll review Larry’s list of some of the lessons we learned from the market in 2016. TOPICS COVERED: 1. Introduction of Larry Swedroe 2. Investment Lessons from 2016 3. Active Money Management Is a Loser’s Game 4. Passively Managed Funds Outperform Index Funds 5. Better Value Justifies Higher Operational Costs 6. Best Returns Occur When the Unexpected Happens 7. Resist the Urge to Panic and Sell 8. Good and Bad Sides of Donald Trump Will Disrupt Markets 9. Emerging Markets Attractive to Investors Who Can Handle Volatility 10. Investors Would Be Smart to Ignore All Market Forecasts 11. Keep Your Political Views Out of Investment Decisions 12. Trump’s Opposition to Free Trade Is Dead Wrong To read the show transcript or listen to the MP3 file, http://bit.ly/2ouiYDH