Podcasts about cfa charter

Want to dive deeper into topics like this? Master your journey with Physician Empowerment's Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Wing Lim talks with financing expert Gaurav Sobti about the real estate investment financing landscape. They explain the differences between residential and commercial financing, heading into a deeper exploration of the complexities involved in financing the different types of real estate. Wing and Gaurav's discussion highlights the variety of lenders beyond traditional banks, including credit unions, insurance companies, and non-bank lenders. They also explore the complexities of commercial lending and the role of personal and group guarantees. A major topic covered is the CMHC Select program, a government initiative to encourage multifamily housing development through favorable loan terms. The program aims to promote affordability, accessibility, and energy efficiency in housing. Wing and Gaurav talk about how this initiative has significantly impacted the real estate market, making multifamily investing more attractive and accessible. They also examine market volatility, interest rate trends, and the importance of working with knowledgeable professionals in financing. This episode serves as a guide for Canadian investors looking to strategically navigate the real estate lending process.About Gaurav Sobti, CPA, CA, CFA: Gaurav Sobti has 10+ years of financial services experience across real estate, investments, finance and accounting.Gaurav's most recent formal role was with a national real estate finance firm where he was responsible for originating and underwriting commercial mortgage transactions with a specialty on CMHC-insured (multi-family) financing. Prior to that, he spent 4+ years at a private investment fund which had a mortgage investment fund. Prior to that, Gaurav worked at Alberta Teacher's Retirement Fund Board on the private investments team focused on private equity transactions. Gaurav was part of a top-performing team that managed a $3Bn institutional grade portfolio. Gaurav started his career at Deloitte, one of the largest accounting/advisory firms in Canada and worldwide.By training, Gaurav is a designated CPA, CA and CFA Charter holder. Gaurav is a licensed mortgage associate.Gaurav Sobti on LinkedInCreate Commercial Mortgage Services__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca

Tom welcomes Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, to discuss commodities and their prospects for 2025. McGlone acknowledges challenges such as lower oil and grain prices, harming producers due to a global surplus and decreasing Chinese demand driven by electric vehicle adoption. He anticipates continued declines in industrial metals like copper and explores geopolitical risks, particularly market implications of tensions between the US and adversaries - China, Russia, North Korea, and Iran. McGlone suggests gold as a prudent investment due to its performance during volatile markets when stocks and Bitcoin underperform. McGlone discusses technological advancements and their impact on the economy. He suggests an investment strategy of rotating between gold and Bitcoin at highs and lows based on their current divergence in performance. McGlone expresses concerns over Bitcoin's excessive ETF inflows as a sign of market speculation. Regarding silver, he suggests the silver-gold ratio should be higher based on volatility and historical patterns, with potential implications if China buys silver through ETFs to address economic challenges. Anticipating potential corrections in the US stock market, increased unemployment, and bond yield issues could lead to a different silver-gold ratio. Time Stamp References:0:00 - Introduction0:47 - Commodities in 20253:22 - Global Demand Decline5:08 - U.S. & China Deficits10:38 - Commodities & Tariffs16:34 - Bitcoin 'Indicator'20:22 - Tether & Treasuries26:07 - Gold/Bitcoin Ratio30:28 - ETF Demand & Flows33:16 - Market Correction?37:04 - 2025 Gold Target39:42 - Thoughts on Silver42:25 - Concluding Thoughts43:45 - Wrap Up Guest Links:Twitter: https://twitter.com/mikemcglone11LinkedIn: https://www.linkedin.com/in/mike-mcglone-a8442513/ Mike McGlone is a senior commodity strategist for Bloomberg Intelligence, a unique research platform that provides context on industries, companies, and government policy, available on the Bloomberg Professional service at BI(GO). Mr. McGlone specializes in the broad investible commodity markets. Mr. McGlone joined Bloomberg in 2016 with over 25 years of futures and commodity trading and investing experience, beginning at the Chicago Board of Trade. Prior to joining Bloomberg, he was a head of US research at ETF Securities. Prior to ETF Securities, Mr. McGlone headed the commodity business at S&P Indices. His previous roles included head of futures research at ABN Amro and VP research, analyst, trader, sales at Aubrey G. Lanston / IBJ Futures. Mr. McGlone has an MBA from DePaul University in Chicago and bachelor's of science and arts degrees from Illinois State University. He is a CFA Charter holder and has earned a Financial Risk Manager designation.

Kelby Meyers is the CEO and founder of Nestimate, Inc., focused on driving financial security for retirees. With over a decade in financial services, specializing in insurance and annuity products, he founded Nestimate in 2022 to empower advisors with retirement income solutions. Previously, he was an independent financial representative at Ohio National Financial Services, earning recognition on the Wall of Fame and the Executive Council.Kelby holds a degree in Economics from the University of Nebraska and is an Accredited Investment Fiduciary and Certified Plan Fiduciary Advisor. Living in Lincoln, Nebraska, with his family and their goldendoodle, he enjoys staying active, golfing, and mentoring other entrepreneurs.Josh Anderson is the COO of Nestimate Inc, focusing on strategic initiatives, innovation, product development, and fiduciary services. Before joining Nestimate in 2024, he was the VP, Strategic Account & Innovation Director at Franklin Templeton, leading strategic projects for workplace retirement plans. He previously worked in Raymond James's Institutional Fiduciary Solutions group and at Fidelity Investments.Josh holds a BS in Applied Economics from Florida State University and is a CFA Charter holder. He lives in St. Petersburg, FL, with his wife and two daughters.In this episode, Eric, Kelby Meyers, and Josh Anderson discuss:Differentiating services and delivering value Managing longevity risk through income solutions Educating plan sponsors on guaranteed income options Implementing a repeatable process Key Takeaways:Introduce retirement income analytics to clients to differentiate services and deliver additional value beyond plan enrollment. Utilize external resources for guidance on Secure 2.0 and retirement income planning.Offering a retirement income solution helps participants manage longevity risk, increase potential spending, reduce volatility, retain assets, and lower recordkeeping fees while providing a pension-like experience without the downsides of a defined benefit plan.Present retirement income solutions during plan proposals to win business and educate plan sponsors on guaranteed income options.Implement a repeatable, documented process to evaluate retirement income solutions efficiently, provide a framework for plan fiduciaries to prudently select appropriate options tailored to plan demographics, and document the analysis for fiduciary files.“Number one, you can hedge longevity risk. Number two, it can increase potential spending for a retiree so it gives them an extra layer of confidence as they approach and enter those retirement years. And then lastly, it reduces volatility, giving participants peace of mind as they near and enter retirement, to know what they have is going to be there.” - Kelby Meyers Connect with Kelby Meyers and Josh Anderson:Website: https://www.mynestimate.com/ Connect with Eric Dyson: Website: https://90northllc.com/Phone: 940-248-4800Email: contact@90northllc.com LinkedIn: https://www.linkedin.com/in/401kguy/ The information and content of this podcast is general in nature and is provided solely for educational and informational purposes. It is believed to be accurate and reliable as of the posting date but may be subject to changeIt is not intended to provide a specific recommendation for any type of product or service discussed in this presentation or to provide any warranties, investment advice, financial advice, tax, plan design or legal advice (unless otherwise specifically indicated). Please consult your own independent advisor as to any investment, tax, or legal statements made.The specific facts and circumstances of all qualified plans can vary and the information contained in this podcast may or may not apply to your individual circumstances or to your plan or client plan-specific circumstances.

Applied Graphite Technologies CEO Don Baxter joined Steve Darling from Proactive to recently share news of the appointment of Robert Scott as the company's new Chief Financial Officer. With over 25 years of professional experience in accounting, corporate finance, compliance, and banking, Scott brings a deep well of expertise to AGT. A Chartered Professional Accountant (CPA), Chartered Accountant (CA), and CFA Charter holder, Scott has held executive roles within mineral exploration and development companies for nearly two decades. Scott's impressive track record includes raising over $200 million in equity financing and overseeing IPOs, reverse takeovers, mergers and acquisitions, and corporate restructuring. His experience with TSX-V-listed companies includes executive and board positions at notable firms such as Great Bear Resources Ltd, ValOre Metals Corp., Riverside Resources Inc., Capitan Silver Corp., and First Helium Inc. Baxter noted that Scott's proven management expertise and cost-effective approach will be instrumental as AGT continues to advance its strategic objectives in the graphite sector. The company is working on its Queens mine in Sri Lanka as Applied Graphite is positioning itself to become a producer by year-end. 'We're compiling the final data and anticipating permits soon,' Baxter explained, citing the mine's strategic dewatering and readiness for graphite producer. #proactiveinvestors #appliedgraphitetechnologiescorp #tsxc #agt #otcqb #agrtf #GraphiteMining #DonBaxter #BatteryMaterials #CleanTech #NaturalGraphite #SriLankaMining #GreenEnergy #GraphiteProduction #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

In this episode, Uzair talks to Tabarak Rehman who is attempting to become the first person ever to run 1,400 kilometers across the length of Pakistan to raise awareness around the country's education crisis. His goal is to raise $1 million for The Citizens Foundation, an incredible non-profit that operates nearly 2,000 schools in Pakistan. Tabarak is a New York-based Turnaround & Restructuring Consultant at AlixPartners, who's also super passionate about educating Pakistani students. Through his social media, he has guided hundreds of Pakistani students toward higher education in the U.S., even helping secure over a million dollars in student loans for at least 30 of them. His academic journey started from his boarding high school, Cadet College Hasan Abdal after which he went to IBA Karachi for his undergrad and then Northeastern University in Boston, where he earned his Master's degree. He also holds a CFA Charter. You can support Tabarak's cause here - https://fundraise.tcfglobal.org/fundraiser/384593207740/tabarak-runs-across-pakistan-for-education Follow Tabarak's run here - https://www.instagram.com/tabarakruns/ Chapters: 0:00 Introduction 3:20 Tabarak's journey 14:45 Resources for getting an education in the US 20:30 Running 1,400 kilometers 26:30 Training regimen 32:00 How to help 38:10 Reading recommendations Reading recommendations: - David and Goliath by Malcolm Gladwell - The Richest Man in Babylon by George Clason - Built to Last by James C. Collins and Jerry I. Porras

How do you know when to stay the course or press the panic button during market volatility?In this special episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, chat with Barry Gilbert, CFA®, Ph.D. Vice President, Asset Allocation Strategist at Carson Group, and Grant Engelbart CFA®, CAIA®, Vice President, Investment Strategist at Carson Group, for a discussion of this period of heightened market turmoil. The team dives into the recent volatility triggered by the Bank of Japan's actions, the impact of weak job data on the Fed's interest rate decisions, and the ripple effects on both global and domestic markets. They discuss: The Bank of Japan's unexpected moves and their impact on global marketsAnalysis of recent job data and what it means for future Fed rate cutsHow current earnings reports reflect broader market conditionsDiversification strategies to manage riskAnd more!Resources:Any questions about the show? Send it to us! We'd love to hear from you! factsvsfeelings@carsongroup.com Connect with Barry Gilbert: LinkedIn: Barry GilbertConnect with Grant Engelbart: LinkedIn: Grant EngelbartConnect with Ryan Detrick: LinkedIn: Ryan DetrickX: Ryan DetrickConnect with Sonu Varghese: LinkedIn: Sonu VargheseX: Sonu VargheseAbout Barry Gilbert:Barry Gilbert is a Vice President, Asset Allocation Strategist. As the VP, Asset Allocation Strategist, Barry Gilbert combines a background in thought leadership with a pragmatic and disciplined approach to portfolio management.Barry holds a PhD in philosophy from Boston University, an MA from the Pennsylvania State University, and a BA from Haverford College. A former educator, he taught finance and economics in the MSF and MBA programs at Northeastern University's D'Amore-McKim School of Business. Prior to his career in asset management, Barry taught philosophy, the history of ideas, and writing and rhetoric at Harvard University, Trinity College and Boston University, and has served as a visiting research fellow at the Institute for Human Sciences in Vienna, an international think tank in politics and economics.About Grant Engelbart:Grant Engelbart serves as Vice President, Investment Strategist for Carson Group. In this role, Grant is part of the team responsible for the management of the Carson Investment platform, In-house Carson model portfolios, and contribution to the overall asset allocation viewpoints of the investment team.Grant received his Bachelor of Science in finance from the University of Nebraska at Lincoln. He is a CFA® Charter holder, holds the Chartered Alternative Investment Analyst (CAIA) designation, DACFP Certificate in Blockchain and Digital Assets, Candriam Certificate in Sustainable and Responsible Investing and Series 65 registration. He is a member of the CFA® Society of Nebraska and the CAIA Chicago chapter. He has contributed to numerous publications and is an active contributor to commentary related to the ETF industry.

Explore the fascinating journey of investment with Lloyd Ross in the latest episode of "Money Grows On Trees" podcast titled "The 3 Phases of Investing." In this engaging and informative episode, Lloyd breaks down the three transformative stages that nearly every investor experiences. Whether you're a novice starting with index funds, an enthusiastic stock-picker, or someone considering returning to the simplicity of index funds, this episode is packed with insightful anecdotes and actionable advice. Lloyd shares personal stories and lessons from renowned investors like Warren Buffett to illustrate each phase's challenges and strategies. Learn why sometimes, simple investing strategies outperform even the most skilled financial gurus. If you've ever questioned your investment approach or wondered how the pros do it, this episode offers a treasure trove of wisdom to help you navigate your investing path. Tune in to discover which phase of investing you're currently in and how to pivot to maximize your financial growth. Don't forget to share and leave a review if you find these insights as valuable as we do! Join Lloyd on "Money Grows On Trees" to ensure your investing strategy is as fruitful as possible.

In episode 14 of our Mics & Minds series we meet Meet Urmi Hossain, a blend of Bengali heritage and Italian upbringing, now thriving in Canada's financial services industry.Urmi is a self-published author, speaker, blogger, polyglot, and mentor. Not just that, but she also champions gender equality and mentors aspiring women to reach their full potential.Stay tuned for the episode with our host Payal Nayar as we shed light on Urmi's multifaceted achievements and dedication. Urmi Hossain, renowned for her energy and enthusiasm who earned Honours in Finance and the prestigious CFA Charter in April 2023. She is a driving force within the Toastmasters Organisation, where she not only serves as an active member but also holds the esteemed position of VP of Education for the Club. Her role as the social media lead for Women In Leadership, Victoria Chapter in Canada, showcases her commitment to fostering inclusivity and diversity. Tune in as Urmi Hossain exemplifies her journey of resilience, empowerment, and cultural unity in today's global landscape with our host Payal Nayar. Episode available on all podcast streaming platforms and on YouTube.Apple Podcasts: https://buff.ly/2Vf8vv8⠀Spotify: https://buff.ly/2Vf8uHA⠀Google Podcasts:https://buff.ly/2Vds6LX⠀-Original music credit: Rish Sharma.His music is available on Spotify, Apple Music, YouTube and other streaming platforms.-October2019 voicesandmore Pte Ltd All rights reservedDo support the show with reviews, shares and a one time donation to help bring you a lot more important content.https://www.paypal.com/paypalme/meltingpotcollective Become a member at https://plus.acast.com/s/melting-pot. https://plus.acast.com/s/melting-pot. Hosted on Acast. See acast.com/privacy for more information.

Melissa Giles, Executive Director of Portfolio and Platform Management with Americana Partners, presents the Monthly Market Commentary as written by, David M Darst, Chief Investment Officer with Americana Partners.  Any charts/graphs referenced are available in print format and may be provided at your request. David is currently the Chief Investment Officer for Americana Partners. David served for 17 years as a Managing Director and Chief Investment Strategist of Morgan Stanley Wealth Management, with responsibility for Asset Allocation and Investment Strategy; was the founding President of the Morgan Stanley Investment Group; and was founding Chairman of the Morgan Stanley Wealth Management Asset Allocation Committee. After 2014, he served for several years as Senior Advisor to and a member of the Morgan Stanley Wealth Management Global Investment Committee. He joined Morgan Stanley in 1996 from Goldman Sachs, where he held Senior Management posts within the Equities Division and earlier, for six years as Resident Manager of their Private Bank in Zurich. David is the Author of twelve books: (i) The Complete Bond Book (McGraw-Hill); (ii) The Handbook of the Bond and Money Markets (McGraw-Hill); (iii) The Art of Asset Allocation, Second Edition (McGraw-Hill); (iv) Mastering the Art of Asset Allocation (McGraw-Hill); (v) Benjamin Graham on Investing (McGraw-Hill); (vi) The Little Book that Saves Your Assets (John Wiley & Sons), which was ranked on the bestseller lists of The New York Times and Business Week; (vii) Portfolio Investment Opportunities in China (John Wiley & Sons); and (x) Portfolio Investment Opportunities in Precious Metals (John Wiley & Sons). His works have been translated into Chinese, Japanese, Russian, German, Korean, Italian, Indonesian, Norwegian, Romanian, and Vietnamese. Seapoint Books published David's eleventh book in 2012 , Voyager 3, containing his creative writing, and in 2016, his twelfth book, Flim-Flam Flora, a children's book coauthored with his daughter. David appears as a frequent guest on CNBC, Bloomberg, FOX, PBS, and other television channels, and has contributed numerous articles to Barron's Euromoney, The Money Manager, Forbes.com, The Yale Economic Review, and other publications. He has broadcast and written extensively on asset allocation in the Morgan Stanley biweekly Investment Strategy and Asset Allocation Commentary and in the Firm's Wealth Management monthly publication, Asset Allocation and Investment Strategy Digest, the predecessors of which he launched in 1997. David attended Father Ryan High School in Nashville, Tennessee, graduated from Phillips Exeter Academy, was awarded a BA degree in Economics from Yale University, and earned his MBA from Harvard Business School. David serves on the Investment Committee of the Phi Beta Kappa Foundation and the Advisory Boards of the George Washington Institute for Religious Freedom and the Black Rock Arts Foundation. David has lectured extensively at Wharton, Columbia, INSEAD, and New York University Business Schools, and for nine years, David served as a visiting faculty member at Yale College, Yale School of Management, and Harvard Business School. In November 2011, David was inducted by Quinnipiac University in their Business Leaders Hall of Fame. David is a CFA Charter holder and a member of the New York Society of Security Analysts and the CFA Institute. Join Our Distribution List – For a full copy of our report. Americana Partners - https://www.americanapartners.com/contact/ Americana Partners Website - https://www.americanapartners.com/ Linked In - https://www.linkedin.com/company/americana-partners/ Spotify - https://open.spotify.com/show/3rX19ND89pwEob9efsFNNF iTunes - https://podcasts.apple.com/us/podcast/americana-partners/id1496186853 Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZGJlYW4uY29tL2FtZXJpY2FuYXBhcnRuZXJzL2ZlZWQueG1s?sa=X&ved=0CAYQrrcFahcKEwj4gZrR_OnwAhUAAAAAHQAAAAAQAg   Disclosures Americana Partners, LLC is registered as an investment adviser with the SEC. The firm only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser does not constitute an endorsement of the firm by securities regulators nor does it indicate that the adviser has attained a particular level of skill or ability. A copy of Americana Partners' current written disclosure brochure filed with the SEC which discusses among other things, Americana Partners' business practices, services and fees, is available through the SEC's website at: www.adviserinfo.sec.gov. The tax and legal information contained in this newsletter is general in nature. It should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation. Foreign securities, foreign currencies, and securities issued by U.S. entities with substantial foreign operations can involve additional risks relating to political, economic, or regulatory conditions in foreign countries. These risks include fluctuations in foreign currencies; withholding or other taxes; trading, settlement, custodial, and other operational risks; and less stringent investor protection and disclosure standards in some foreign markets. All of these factors can make foreign investments, especially those in emerging markets, more volatile and potentially less liquid than U.S. investments. In addition, foreign markets can perform differently from the U.S. market. Investing involves certain risks, including possible loss of principal. You should understand and carefully consider a strategy's objectives, risks, fees, expenses and other information before investing. The views expressed in this commentary are subject to change and are not intended to be a recommendation or investment advice. Such views do not take into account the individual financial circumstances or objectives of any investor that receives them. The strategies described herein may not be suitable for all investors. There is no guarantee that the adviser will meet any of its investment objectives. All indices are unmanaged and are not available for direct investment. Indices do not incur costs including the payment of transaction costs, fees and other expenses. This information should not be considered a solicitation or an offer to provide any service in any jurisdiction where it would be unlawful to do so under the laws of that jurisdiction. Past performance is no guarantee of future results. It is not possible to invest directly in an index. Exposure to an asset class represented by an index is available through investable instruments based on that index. The S&P 500® Index is a widely recognized, unmanaged index of 500 common stocks which are generally representative of the U.S. stock market as a whole. The Nasdaq Composite® Index is the market capitalization-weighted index of over 2,500 common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks, as well as limited partnership interests. The EAFE® Index is a stock index offered by MSCI that covers non-U.S. and Canadian equity markets. It serves as a performance benchmark for the major international equity markets as represented by 21 major MSCI indices from Europe, Australasia, and the Middle East. The EAFE® Index is the oldest international stock index and is commonly called the MSCI EAFE Index. The Russell 2500® is a market-cap-weighted index that includes the smallest 2,500 companies covered in the broad-based Russell 3000 sphere of United States-based listed equities. All 2,500 of the companies included in the Index cover the small- and mid-cap market capitalizations. The Russell 1000® Growth Index is an unmanaged index that measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values. The CBOE Volatility Index (VIX) is a measure of expected price fluctuations in the S&P 500 Index options over the next 30 days. The VIX is calculated in real time by the Chicago Board Options Exchange (CBOE). P/E or Price to Earnings ratio is indicates the dollar amount an investor can expect to invest in a company in order to receive one dollar of that company's earnings. The Consumer Confidence Survey® reflects prevailing business conditions and likely developments for the months ahead. The Manufacturing Business Outlook Survey is a monthly survey of manufacturers in the Third Federal Reserve District; Participants indicate the direction of change in overall business activity and in the various measures of activity at their plants: employment, working hours, new and unfilled orders, shipments, inventories, delivery times, prices paid, and prices received. The ISM manufacturing index, also known as the purchasing managers' index (PMI), is a monthly indicator of U.S. economic activity based on a survey of purchasing managers at more than 300 manufacturing firms. The Composite Index of Leading Indicators, otherwise known as the Leading Economic Index (LEI), is an index published monthly by The Conference Board. It is used to predict the direction of global economic movements in future months. A bond rating is a letter-based credit scoring scheme used to judge the quality and creditworthiness of a bond. The option adjusted spread (OAS) measures the difference in yield between a bond with an embedded option, such as an MBS or callables, with the yield on Treasuries. Mean reversion, in finance, suggests that various phenomena of interest such as asset prices and volatility of returns eventually revert to their long-term average levels. A meme stock is a security that has seen an increase in trading volume after going viral on social media or an online forum. This document may contain forward-looking statements relating to the objectives, opportunities, and the future performance of the U.S. market generally. Forward looking statements may be identified by the use of such words as; “believe,” “expect,”“anticipate,”“should,”“planned,”“estimated,”“potential”and other similar terms. Examples of forward-looking statements include, but are not limited to, estimates with respect to financial condition, results of operations, and success or lack of success of any particular investment strategy. All are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting a portfolio' operations that could cause actual results to differ materially from projected results. Such statements are forward-looking in nature and involve a number of known and unknown risks, uncertainties and other factors, and accordingly, actual results may differ materially from those reflected or contemplated in such forward-looking statements. Prospective investors are cautioned not to place undue reliance on any forward looking statements or examples. This material is proprietary and may not be reproduced, transferred, modified or distributed in any form without prior written permission from Americana Partners. Americana Partners reserves the right, at any time and without notice, to amend, or cease publication of the information contained herein. Certain of the information contained herein has been obtained from third-party sources and has not been independently verified. It is made available on an "as is" basis without warranty. Any strategies or investment programs described in this presentation are provided for educational purposes only and are not necessarily indicative of securities offered for sale or private placement offerings available to any investor. The mention of any individual security should not be construed as a recommendation to buy or sell that security.

Today we host Howard Marks of Oaktree Capital Management. For most of us in the investment community, Howard needs no introduction. He is somebody we have looked forward to hosting for quite some time and I couldn't think of anybody better to kick off year five of the Investors First Podcast. We could go on and on about his track record, whether it be his time at the University of Pennsylvania or the University of Chicago, his firm's investment performance, or his various professional achievements, but we must note that Howard is a fellow CFA charter holder (circa 1975).    In today's episode, we cover the various phases of Howard's career. We then discuss the beginning of his time in high-yield debt and how the shift to a risk-return framework for fiduciaries forever changed the investing profession. We also discussed his famous memos and his important thoughts on the Sea Change we are currently experiencing in markets and much more. We are truly grateful for the time Howard offered and he was everything we expected and then some.    Today's hosts are Steve Curley, CFA (Founder, 55 North Private Wealth) & guest host Chris Cannon, CFA (Chief Investment Officer, FirsTrust).    Please enjoy the episode. Follow us on Twitter & LinkedIn.

EOS for RIAs – The RIA Podcast with Seth Greene Episode 135 Jamie Cornehlsen Jamie Cornehlsen started his first company in grade school during the oil embargo in 1979. No Starbucks existed, so he and two friends sold coffee and donuts to people who were sitting in their cars, in long lines to purchase gas. The entrepreneurial seed was planted, and Jamie knew he was destined to own his own company. In 2001, Jamie started his second business, developing and managing mutual funds for financial advisors. "Conquering the Divide: How to Use Economic Indicators to Catch Stock Market Trends," a book Jamie co-authored, explains the investment process. The assets snowballed to $229 million only to see the value fall to $31 Million. The business hit the ceiling. After using the Entrepreneurs Operating System, EOS® to start over, he started Fitter Financials in 2011 to help financial advisors use EOS to practice to the next level. Since then, he has worked with more than 90 entrepreneurs in many industries to help them build organizations that allowed them to reclaim the freedom they went into business to attain. Jamie is married to Elizabeth, a schoolteacher by trade who cares for their 4-year old son. There is nothing better in life than hearing your Son Belt out Tom Petty Songs. When not working on his craft, Jamie swims, bikes and runs. Jamie is a member of the U.S. Triathlon team and has competed with the team at the world championships since 2013. Jamie received his MBA from William E. Simon Graduate School of Business at the University of Rochester, and his Bachelor of Arts in Economics from the University of Colorado. He studied econometrics at the University of York in England. Jamie is a CFA Charter holder and past president of the CFA Society of Colorado. Jamie loves what he does with a complete set of simple, practical tools because it's the best way to connect people with their purpose and passion. Listen to this insightful RIA episode with Jamie Cornehlsen about using the Entrepreneurial Operating System for RIAs. Here is what to expect on this week's show: - How the Entrepreneurial Operating System uses practical tools to help businesses achieve their goals and get organized. - How EOS provides a blueprint for running a business effectively by addressing aspects such as conversions, strategy, and client service. - Why EOS allows business owners to leverage the skills and capacities of their team. - How EOS helps financial advisors to be more focused on their clients, investments, and financial pans. - Why having the right team is essential for adapting to market changes. Connect with Jamie: Links Mentioned: eosworldwide.com Twitter @EOSWorldwide Instagram @entrepreneurialoperatingsystem Facebook facebook.com/eosworldwide LinkedIn linkedin.com/company/eos-worldwide-llc Learn more about your ad choices. Visit megaphone.fm/adchoices

Scale matters more in an Artificial Intelligence world, which is why the Magnificent 7 and other Ai and AI enabler stocks are outperforming their other tech related peers and far outstripping almost every other listed investment sector. Here is a wonderfully insightful Investing Matters interview with Alastair Unwin, the Deputy Portfolio Manager of Polar Capital Holdings' UK FTSE 250 listed Polar Capital Technology Trust (PCT) which has a market cap £2.95bn*. PCT on the day of recording* had registered a performance year to date of +40.66% in 2023. Additionally, the Trust had also achieved a 10 years CAGR of 17.83%*. Alastair Unwin has a First-class Honours Degree in History from the University of Cambridge; he is CFA Charter holder, and he has over 12 years investment industry experience. He joined Polar Capital in June 2019 as a Fund Manager. Prior to joining Polar Capital, Alastair co-managed the Arbrook American Equities Fund. Between 2014 and 2018 he launched and then managed the Neptune Global Technology Fund and managed the Neptune US Opportunities Fund. Prior to Neptune, Alastair was a technology analyst at Herald Investment Management where he worked with the legendary Katie Potts. This fascinating and artificial intelligence inspired Investing Matters interview with Alastair Unwin the Deputy Portfolio Manager of Polar Capital Technology Trust discussion includes: -An overview of the Polar Capital Technology Trust (PCT)team, investing strategy and philosophy -What is Artificial Intelligence -What is Generative Artificial Intelligence -Ai enablers -Ai adopters -Ai beneficiaries -Sell discipline -“Change is non-linear” -Avoidance of hubris -Valuation and overconfidence -Risks to Ai's exponential growth -Network effects -OpenAi debacle -What counts as a smallcap? -Arista Networks, cloud networking solutions -Crowdstrike, Palo Alto Networks, Cybersecurity AI - A Cloud-first world -Apple's dominance -The importance of diversification -Personal investing strategy -Book: The Innovators Dilemma by Clayton M Christensen -Charity and community work - Inflection points -Amazon -Google -Microsoft - Nvidia's stellar growth - Polar Capital Technology Trust's (PCT) long-term outperformance & much more We hope you enjoy this podcast, and we look forward to hearing your feedback. Please subscribe to this podcast on your platform of choice and follow the @InvMattPodcast on Twitter

Melissa Giles, Executive Director of Portfolio and Platform Management with Americana Partners, presents the Monthly Market Commentary as written by, David M Darst, Chief Investment Officer with Americana Partners.  Any charts/graphs referenced are available in print format and may be provided at your request. David is currently the Chief Investment Officer for Americana Partners. David served for 17 years as a Managing Director and Chief Investment Strategist of Morgan Stanley Wealth Management, with responsibility for Asset Allocation and Investment Strategy; was the founding President of the Morgan Stanley Investment Group; and was founding Chairman of the Morgan Stanley Wealth Management Asset Allocation Committee. After 2014, he served for several years as Senior Advisor to and a member of the Morgan Stanley Wealth Management Global Investment Committee. He joined Morgan Stanley in 1996 from Goldman Sachs, where he held Senior Management posts within the Equities Division and earlier, for six years as Resident Manager of their Private Bank in Zurich. David is the Author of twelve books: (i) The Complete Bond Book (McGraw-Hill); (ii) The Handbook of the Bond and Money Markets (McGraw-Hill); (iii) The Art of Asset Allocation, Second Edition (McGraw-Hill); (iv) Mastering the Art of Asset Allocation (McGraw-Hill); (v) Benjamin Graham on Investing (McGraw-Hill); (vi) The Little Book that Saves Your Assets (John Wiley & Sons), which was ranked on the bestseller lists of The New York Times and Business Week; (vii) Portfolio Investment Opportunities in China (John Wiley & Sons); and (x) Portfolio Investment Opportunities in Precious Metals (John Wiley & Sons). His works have been translated into Chinese, Japanese, Russian, German, Korean, Italian, Indonesian, Norwegian, Romanian, and Vietnamese. Seapoint Books published David's eleventh book in 2012 , Voyager 3, containing his creative writing, and in 2016, his twelfth book, Flim-Flam Flora, a children's book coauthored with his daughter. David appears as a frequent guest on CNBC, Bloomberg, FOX, PBS, and other television channels, and has contributed numerous articles to Barron's Euromoney, The Money Manager, Forbes.com, The Yale Economic Review, and other publications. He has broadcast and written extensively on asset allocation in the Morgan Stanley biweekly Investment Strategy and Asset Allocation Commentary and in the Firm's Wealth Management monthly publication, Asset Allocation and Investment Strategy Digest, the predecessors of which he launched in 1997. David attended Father Ryan High School in Nashville, Tennessee, graduated from Phillips Exeter Academy, was awarded a BA degree in Economics from Yale University, and earned his MBA from Harvard Business School. David serves on the Investment Committee of the Phi Beta Kappa Foundation and the Advisory Boards of the George Washington Institute for Religious Freedom and the Black Rock Arts Foundation. David has lectured extensively at Wharton, Columbia, INSEAD, and New York University Business Schools, and for nine years, David served as a visiting faculty member at Yale College, Yale School of Management, and Harvard Business School. In November 2011, David was inducted by Quinnipiac University in their Business Leaders Hall of Fame. David is a CFA Charter holder and a member of the New York Society of Security Analysts and the CFA Institute. Join Our Distribution List – For a full copy of our report. Americana Partners - https://www.americanapartners.com/contact/ Americana Partners Website - https://www.americanapartners.com/ Linked In - https://www.linkedin.com/company/americana-partners/ Spotify - https://open.spotify.com/show/3rX19ND89pwEob9efsFNNF iTunes - https://podcasts.apple.com/us/podcast/americana-partners/id1496186853 Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZGJlYW4uY29tL2FtZXJpY2FuYXBhcnRuZXJzL2ZlZWQueG1s?sa=X&ved=0CAYQrrcFahcKEwj4gZrR_OnwAhUAAAAAHQAAAAAQAg   Disclosures Americana Partners, LLC is registered as an investment adviser with the SEC. The firm only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser does not constitute an endorsement of the firm by securities regulators nor does it indicate that the adviser has attained a particular level of skill or ability. A copy of Americana Partners' current written disclosure brochure filed with the SEC which discusses among other things, Americana Partners' business practices, services and fees, is available through the SEC's website at: www.adviserinfo.sec.gov. The tax and legal information contained in this newsletter is general in nature. It should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation. Foreign securities, foreign currencies, and securities issued by U.S. entities with substantial foreign operations can involve additional risks relating to political, economic, or regulatory conditions in foreign countries. These risks include fluctuations in foreign currencies; withholding or other taxes; trading, settlement, custodial, and other operational risks; and less stringent investor protection and disclosure standards in some foreign markets. All of these factors can make foreign investments, especially those in emerging markets, more volatile and potentially less liquid than U.S. investments. In addition, foreign markets can perform differently from the U.S. market. Investing involves certain risks, including possible loss of principal. You should understand and carefully consider a strategy's objectives, risks, fees, expenses and other information before investing. The views expressed in this commentary are subject to change and are not intended to be a recommendation or investment advice. Such views do not take into account the individual financial circumstances or objectives of any investor that receives them. The strategies described herein may not be suitable for all investors. There is no guarantee that the adviser will meet any of its investment objectives. All indices are unmanaged and are not available for direct investment. Indices do not incur costs including the payment of transaction costs, fees and other expenses. This information should not be considered a solicitation or an offer to provide any service in any jurisdiction where it would be unlawful to do so under the laws of that jurisdiction. Past performance is no guarantee of future results. It is not possible to invest directly in an index. Exposure to an asset class represented by an index is available through investable instruments based on that index. The S&P 500® Index is a widely recognized, unmanaged index of 500 common stocks which are generally representative of the U.S. stock market as a whole. The Nasdaq Composite® Index is the market capitalization-weighted index of over 2,500 common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks, as well as limited partnership interests. The EAFE® Index is a stock index offered by MSCI that covers non-U.S. and Canadian equity markets. It serves as a performance benchmark for the major international equity markets as represented by 21 major MSCI indices from Europe, Australasia, and the Middle East. The EAFE® Index is the oldest international stock index and is commonly called the MSCI EAFE Index. The Russell 2500® is a market-cap-weighted index that includes the smallest 2,500 companies covered in the broad-based Russell 3000 sphere of United States-based listed equities. All 2,500 of the companies included in the Index cover the small- and mid-cap market capitalizations. The Russell 1000® Growth Index is an unmanaged index that measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values. The CBOE Volatility Index (VIX) is a measure of expected price fluctuations in the S&P 500 Index options over the next 30 days. The VIX is calculated in real time by the Chicago Board Options Exchange (CBOE). P/E or Price to Earnings ratio is indicates the dollar amount an investor can expect to invest in a company in order to receive one dollar of that company's earnings. The Consumer Confidence Survey® reflects prevailing business conditions and likely developments for the months ahead. The Manufacturing Business Outlook Survey is a monthly survey of manufacturers in the Third Federal Reserve District; Participants indicate the direction of change in overall business activity and in the various measures of activity at their plants: employment, working hours, new and unfilled orders, shipments, inventories, delivery times, prices paid, and prices received. The ISM manufacturing index, also known as the purchasing managers' index (PMI), is a monthly indicator of U.S. economic activity based on a survey of purchasing managers at more than 300 manufacturing firms. The Composite Index of Leading Indicators, otherwise known as the Leading Economic Index (LEI), is an index published monthly by The Conference Board. It is used to predict the direction of global economic movements in future months. A bond rating is a letter-based credit scoring scheme used to judge the quality and creditworthiness of a bond. The option adjusted spread (OAS) measures the difference in yield between a bond with an embedded option, such as an MBS or callables, with the yield on Treasuries. Mean reversion, in finance, suggests that various phenomena of interest such as asset prices and volatility of returns eventually revert to their long-term average levels. A meme stock is a security that has seen an increase in trading volume after going viral on social media or an online forum. This document may contain forward-looking statements relating to the objectives, opportunities, and the future performance of the U.S. market generally. Forward looking statements may be identified by the use of such words as; “believe,” “expect,”“anticipate,”“should,”“planned,”“estimated,”“potential”and other similar terms. Examples of forward-looking statements include, but are not limited to, estimates with respect to financial condition, results of operations, and success or lack of success of any particular investment strategy. All are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting a portfolio' operations that could cause actual results to differ materially from projected results. Such statements are forward-looking in nature and involve a number of known and unknown risks, uncertainties and other factors, and accordingly, actual results may differ materially from those reflected or contemplated in such forward-looking statements. Prospective investors are cautioned not to place undue reliance on any forward looking statements or examples. This material is proprietary and may not be reproduced, transferred, modified or distributed in any form without prior written permission from Americana Partners. Americana Partners reserves the right, at any time and without notice, to amend, or cease publication of the information contained herein. Certain of the information contained herein has been obtained from third-party sources and has not been independently verified. It is made available on an "as is" basis without warranty. Any strategies or investment programs described in this presentation are provided for educational purposes only and are not necessarily indicative of securities offered for sale or private placement offerings available to any investor. The mention of any individual security should not be construed as a recommendation to buy or sell that security.

We've all heard of high interest savings accounts that we can open up at our bank. But is that always our one and only best option when it comes to where we keep our short term cash? What about for things like our emergency fund, or when we are saving for something expensive like a car and we want that money to be available immediately when we need it, and not be subject to the sometimes large day-to-day fluctuations that we see in the stock market? In this episode, you are going to learn what your options are, here in Canada, when it comes to that short term cash that you want to be readily available, without you having to worry about incurring any massive day-to-day fluctuations that you would typically see in the stock portion of your investment portfolio. Today's guest, Matt Montemurro is going to take us through the different options that we have, as Canadians, and he's going to take us through the pros and cons of each of these options so that you can make your own educated decision on which option is the best one for you, based on your situation and risk tolerance. Spoiler alert: The best solution isn't always the traditional high interest savings account at your bank. Make sure you stick around because there are actually some regulatory changes happening here in Canada, which are going to be impacting high interest savings ETFs. A lot of Canadians have been investing pretty heavily in these, and now it's gotten to the point where the regulators have started to take notice, and they are about to implement some pretty significant rule changes that can negatively impact some of your investments, if you purchase or are considering purchasing high interest savings ETFs. A bit of a background about our guest: Matt is a specialist when it comes to fixed income. He is currently the team lead for all fixed income portfolios managed by BMO ETFs, which is the largest Canadian ETF provider. In his role as portfolio manager and trader, Matt and his team are responsible for all segments of the fixed income market, both in Canada and internationally. He has over a decade of experience in this field and holds an HBA and MBA from the Richard Ivey School of Business at the University of Western Ontario and is a CFA Charter holder (definitely a very difficult designation to get). I'm thrilled to have him on the show, and I must say, speaking with him during this interview actually made me re-evaluate where I keep my short term cash. I really wish we were all taught this back in school, as it's important for us to know what our options are here in Canada, along with the pros and cons of each, instead of just always automatically defaulting to a regular high interest savings account at our bank. Enjoy the interview, I learned an absolute ton, and I'm sure you will too. Let's get into it. Questions Covered: The high interest savings account is something that most of us have heard of, and this is often the default choice for many of us when we're saving for something, or using it as an emergency fund or as an account that pays for our day-to-day expenses. However, there are also high interest savings ETFs. What is the difference between those, and a high interest savings account that we would open up at a bank? Can you take us through the pros and cons of these two options and why wouldn't someone just put their cash in their existing high interest savings account at their current bank? There seem to be some changes coming up in 2024 when it comes to high interest savings ETFs. Can you take us through what those are, and how it will impact us regular Canadian investors? Follow up questions: Now that we know the significance of this, what should we do or start thinking about regarding these rate changes? Is a consequence of this that we should also expect to see the rates offered at banks for high interest savings accounts to drop? 3.    For those of us that do invest in high interest savings ETFs, can we expect a drop in those ETFs coming Jan 2024 because of a potential sell off?   Follow up: If not, how do sell-offs work when it comes to ETFs? For example, when there is a sell-off of a specific stock, we know that the price of the stock will plummet. But does it work differently with ETFs because ETFs consist of many different underlying assets? 4.    How is a high interest savings ETF different from a money market ETF? Can you take us through the pros and cons?   5.    How does using something like a high interest savings account compare to using something like a money market ETF instead (i.e. what are the pros and cons)? And for anybody not familiar, can you define what it means when an ETF is considered to be a “money market” ETF   6. For something like a money market ETF like ZMMK or a high interest savings ETF, would you expect the capital gain to be $0, because everything from that investment is coming in as income in the form of interest? When we are comparing the interest rates that we can get on an ETF like ZMMK vs a high interest savings account, or a high interest savings ETF, when looking at the ETF page, should we be looking at the annualized distribution yield or the weighted average yield to maturity? And can you define what those are for us? 8.    While we are on the subject of ETFs that we can use for that relatively safe portion of our portfolio, can you speak to using ultra short-term bond ETFs instead of a money market ETF, like the ZMMK that we just talked about. What are these ultra short-term bond ETFs, and what are the pros and cons of using those, vs something like a money market ETF or even instead of just using a high interest savings account at our current bank. Follow-up question: I noticed that in your case, you also have a different variation of the ETF ZST which is ZST.L. What is the difference between the two?  9.    When it comes to bond ETFs like ZST for example, can you teach us how they can have some tax advantages, in certain scenarios, over something like a high interest savings account? 10. Alright Matt, thanks so much for training us on all of this today. For everybody that wants to learn more, what's the best place for them to go?

In this episode, Steve Fretzin and Brooke Lively discuss:Avoiding analysis by paralysis. The six key components of business that you need to understand. EOS (Traction) for law firms. Defining roles and delegating for law firm success.  Key Takeaways:When you have your data dialed in, you can see where the issues really are and then you can fix them. Most companies are running at about 20% strong on the six key components. Very few have 100%, but the goal is to always get better. If everything is important, nothing is important. You've got to keep the one thing, the one thing. There are many free resources for getting started with EOS that can help transform your law firm now.  "When you've got the vision, when you've got the right people that understand that vision and are helping to create it, that are rowing in the same direction, and you're doing it all based on data - everything in your company becomes so clear." —  Brooke Lively Get a free copy of Steve's book “Sales-Free Selling” here: www.fretzin.com/sales-free-selling Thank you to our Sponsors!Lawmatics: https://www.lawmatics.com/bethatlawyer/Get Staffed Up: https://getstaffedup.com/bethatlawyer/Get Visible: https://www.getvisible.com/ Episode References: Final Event of 2023!: https://fretzin.com/eventsCheck out the previous episode with Brooke here: https://www.fretzin.com/podcast/episodes/brooke-lively-from-panic-to-profit-in-your-law-firm/Traction by Gino Wickman: https://www.amazon.com/Traction-Get-Grip-Your-Business/dp/1936661837EOS Worldwide: https://www.eosworldwide.com/brooke-livelyTake The Assessment: https://organizationalcheckup.com/ About Brooke Lively: Brooke is the Founder and President of Cathcap, a group of Profitability Specialists and CEOs who help lawyers grow, scale, and create more profitable firms. She started the company after spinning up a 7-figure law firm in under 2 years and receiving requests for help from other law firm owners for help. That was when Brooke began to understand the apprehension lawyers felt around the numbers in their business, and how rarely they used data in their decision-making process. As Cathcap grew and helped more than 200 firms, she began to see a trend between the firms that excelled and the ones that just survived - and that difference was implementing EOS. After years of trying to find great EOS coaches who understood the legal industry, Brooke ultimately became an EOS Implementer and now helps law firms achieve all their goals. Brooke is an international speaker, international best-selling author, and coach whose down to earth actionable advice has helped hundreds of lawyers. She loves nothing more than the moment when "the light bulb goes on" and she knows that a person is going to take action that will positively impact their business, and not only their life, but the lives of their clients and employees. Brooke holds an MBA in Corporate Finance and Investments from TCU, is a CFA Charter holder, has been voted one of Fort Worth's CFOs of the year, and has been featured in such publications as CNBC, Forbes, and US News and World Report. Connect with Brooke Lively:  Website: https://cathcap.com/  LinkedIn: https://www.linkedin.com/in/brookelively/LinkedIn: https://www.linkedin.com/company/cathedralcapital/Facebook: https://www.facebook.com/boo.lively.3Facebook: https://www.facebook.com/CathedralCapital Connect with Steve Fretzin:LinkedIn: Steve FretzinTwitter: @stevefretzinInstagram: @fretzinsteveFacebook: Fretzin, Inc.Website: Fretzin.comEmail: Steve@Fretzin.comBook: Legal Business Development Isn't Rocket Science and more!YouTube: Steve FretzinCall Steve directly at 847-602-6911  Show notes by Podcastologist Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.

Melissa Giles, Executive Director of Portfolio and Platform Management with Americana Partners, presents the Monthly Market Commentary as written by, David M Darst, Chief Investment Officer with Americana Partners.  Any charts/graphs referenced are available in print format and may be provided at your request. David is currently the Chief Investment Officer for Americana Partners. David served for 17 years as a Managing Director and Chief Investment Strategist of Morgan Stanley Wealth Management, with responsibility for Asset Allocation and Investment Strategy; was the founding President of the Morgan Stanley Investment Group; and was founding Chairman of the Morgan Stanley Wealth Management Asset Allocation Committee. After 2014, he served for several years as Senior Advisor to and a member of the Morgan Stanley Wealth Management Global Investment Committee. He joined Morgan Stanley in 1996 from Goldman Sachs, where he held Senior Management posts within the Equities Division and earlier, for six years as Resident Manager of their Private Bank in Zurich. David is the Author of twelve books: (i) The Complete Bond Book (McGraw-Hill); (ii) The Handbook of the Bond and Money Markets (McGraw-Hill); (iii) The Art of Asset Allocation, Second Edition (McGraw-Hill); (iv) Mastering the Art of Asset Allocation (McGraw-Hill); (v) Benjamin Graham on Investing (McGraw-Hill); (vi) The Little Book that Saves Your Assets (John Wiley & Sons), which was ranked on the bestseller lists of The New York Times and Business Week; (vii) Portfolio Investment Opportunities in China (John Wiley & Sons); and (x) Portfolio Investment Opportunities in Precious Metals (John Wiley & Sons). His works have been translated into Chinese, Japanese, Russian, German, Korean, Italian, Indonesian, Norwegian, Romanian, and Vietnamese. Seapoint Books published David's eleventh book in 2012 , Voyager 3, containing his creative writing, and in 2016, his twelfth book, Flim-Flam Flora, a children's book coauthored with his daughter. David appears as a frequent guest on CNBC, Bloomberg, FOX, PBS, and other television channels, and has contributed numerous articles to Barron's Euromoney, The Money Manager, Forbes.com, The Yale Economic Review, and other publications. He has broadcast and written extensively on asset allocation in the Morgan Stanley biweekly Investment Strategy and Asset Allocation Commentary and in the Firm's Wealth Management monthly publication, Asset Allocation and Investment Strategy Digest, the predecessors of which he launched in 1997. David attended Father Ryan High School in Nashville, Tennessee, graduated from Phillips Exeter Academy, was awarded a BA degree in Economics from Yale University, and earned his MBA from Harvard Business School. David serves on the Investment Committee of the Phi Beta Kappa Foundation and the Advisory Boards of the George Washington Institute for Religious Freedom and the Black Rock Arts Foundation. David has lectured extensively at Wharton, Columbia, INSEAD, and New York University Business Schools, and for nine years, David served as a visiting faculty member at Yale College, Yale School of Management, and Harvard Business School. In November 2011, David was inducted by Quinnipiac University in their Business Leaders Hall of Fame. David is a CFA Charter holder and a member of the New York Society of Security Analysts and the CFA Institute. Join Our Distribution List – For a full copy of our report. Americana Partners - https://www.americanapartners.com/contact/ Americana Partners Website - https://www.americanapartners.com/ Linked In - https://www.linkedin.com/company/americana-partners/ Spotify - https://open.spotify.com/show/3rX19ND89pwEob9efsFNNF iTunes - https://podcasts.apple.com/us/podcast/americana-partners/id1496186853 Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZGJlYW4uY29tL2FtZXJpY2FuYXBhcnRuZXJzL2ZlZWQueG1s?sa=X&ved=0CAYQrrcFahcKEwj4gZrR_OnwAhUAAAAAHQAAAAAQAg   Disclosures Americana Partners, LLC is registered as an investment adviser with the SEC. The firm only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser does not constitute an endorsement of the firm by securities regulators nor does it indicate that the adviser has attained a particular level of skill or ability. A copy of Americana Partners' current written disclosure brochure filed with the SEC which discusses among other things, Americana Partners' business practices, services and fees, is available through the SEC's website at: www.adviserinfo.sec.gov. The tax and legal information contained in this newsletter is general in nature. It should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation. Foreign securities, foreign currencies, and securities issued by U.S. entities with substantial foreign operations can involve additional risks relating to political, economic, or regulatory conditions in foreign countries. These risks include fluctuations in foreign currencies; withholding or other taxes; trading, settlement, custodial, and other operational risks; and less stringent investor protection and disclosure standards in some foreign markets. All of these factors can make foreign investments, especially those in emerging markets, more volatile and potentially less liquid than U.S. investments. In addition, foreign markets can perform differently from the U.S. market. Investing involves certain risks, including possible loss of principal. You should understand and carefully consider a strategy's objectives, risks, fees, expenses and other information before investing. The views expressed in this commentary are subject to change and are not intended to be a recommendation or investment advice. Such views do not take into account the individual financial circumstances or objectives of any investor that receives them. The strategies described herein may not be suitable for all investors. There is no guarantee that the adviser will meet any of its investment objectives. All indices are unmanaged and are not available for direct investment. Indices do not incur costs including the payment of transaction costs, fees and other expenses. This information should not be considered a solicitation or an offer to provide any service in any jurisdiction where it would be unlawful to do so under the laws of that jurisdiction. Past performance is no guarantee of future results. It is not possible to invest directly in an index. Exposure to an asset class represented by an index is available through investable instruments based on that index. The S&P 500® Index is a widely recognized, unmanaged index of 500 common stocks which are generally representative of the U.S. stock market as a whole. The Nasdaq Composite® Index is the market capitalization-weighted index of over 2,500 common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks, as well as limited partnership interests. The EAFE® Index is a stock index offered by MSCI that covers non-U.S. and Canadian equity markets. It serves as a performance benchmark for the major international equity markets as represented by 21 major MSCI indices from Europe, Australasia, and the Middle East. The EAFE® Index is the oldest international stock index and is commonly called the MSCI EAFE Index. The Russell 2500® is a market-cap-weighted index that includes the smallest 2,500 companies covered in the broad-based Russell 3000 sphere of United States-based listed equities. All 2,500 of the companies included in the Index cover the small- and mid-cap market capitalizations. The Russell 1000® Growth Index is an unmanaged index that measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values. The CBOE Volatility Index (VIX) is a measure of expected price fluctuations in the S&P 500 Index options over the next 30 days. The VIX is calculated in real time by the Chicago Board Options Exchange (CBOE). P/E or Price to Earnings ratio is indicates the dollar amount an investor can expect to invest in a company in order to receive one dollar of that company's earnings. The Consumer Confidence Survey® reflects prevailing business conditions and likely developments for the months ahead. The Manufacturing Business Outlook Survey is a monthly survey of manufacturers in the Third Federal Reserve District; Participants indicate the direction of change in overall business activity and in the various measures of activity at their plants: employment, working hours, new and unfilled orders, shipments, inventories, delivery times, prices paid, and prices received. The ISM manufacturing index, also known as the purchasing managers' index (PMI), is a monthly indicator of U.S. economic activity based on a survey of purchasing managers at more than 300 manufacturing firms. The Composite Index of Leading Indicators, otherwise known as the Leading Economic Index (LEI), is an index published monthly by The Conference Board. It is used to predict the direction of global economic movements in future months. A bond rating is a letter-based credit scoring scheme used to judge the quality and creditworthiness of a bond. The option adjusted spread (OAS) measures the difference in yield between a bond with an embedded option, such as an MBS or callables, with the yield on Treasuries. Mean reversion, in finance, suggests that various phenomena of interest such as asset prices and volatility of returns eventually revert to their long-term average levels. A meme stock is a security that has seen an increase in trading volume after going viral on social media or an online forum. This document may contain forward-looking statements relating to the objectives, opportunities, and the future performance of the U.S. market generally. Forward looking statements may be identified by the use of such words as; “believe,” “expect,”“anticipate,”“should,”“planned,”“estimated,”“potential”and other similar terms. Examples of forward-looking statements include, but are not limited to, estimates with respect to financial condition, results of operations, and success or lack of success of any particular investment strategy. All are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting a portfolio' operations that could cause actual results to differ materially from projected results. Such statements are forward-looking in nature and involve a number of known and unknown risks, uncertainties and other factors, and accordingly, actual results may differ materially from those reflected or contemplated in such forward-looking statements. Prospective investors are cautioned not to place undue reliance on any forward looking statements or examples. This material is proprietary and may not be reproduced, transferred, modified or distributed in any form without prior written permission from Americana Partners. Americana Partners reserves the right, at any time and without notice, to amend, or cease publication of the information contained herein. Certain of the information contained herein has been obtained from third-party sources and has not been independently verified. It is made available on an "as is" basis without warranty. Any strategies or investment programs described in this presentation are provided for educational purposes only and are not necessarily indicative of securities offered for sale or private placement offerings available to any investor. The mention of any individual security should not be construed as a recommendation to buy or sell that security.

Melissa Giles, Executive Director of Portfolio and Platform Management with Americana Partners, presents the Monthly Market Commentary as written by, David M Darst, Chief Investment Officer with Americana Partners.  Any charts/graphs referenced are available in print format and may be provided at your request. David is currently the Chief Investment Officer for Americana Partners. David served for 17 years as a Managing Director and Chief Investment Strategist of Morgan Stanley Wealth Management, with responsibility for Asset Allocation and Investment Strategy; was the founding President of the Morgan Stanley Investment Group; and was founding Chairman of the Morgan Stanley Wealth Management Asset Allocation Committee. After 2014, he served for several years as Senior Advisor to and a member of the Morgan Stanley Wealth Management Global Investment Committee. He joined Morgan Stanley in 1996 from Goldman Sachs, where he held Senior Management posts within the Equities Division and earlier, for six years as Resident Manager of their Private Bank in Zurich. David is the Author of twelve books: (i) The Complete Bond Book (McGraw-Hill); (ii) The Handbook of the Bond and Money Markets (McGraw-Hill); (iii) The Art of Asset Allocation, Second Edition (McGraw-Hill); (iv) Mastering the Art of Asset Allocation (McGraw-Hill); (v) Benjamin Graham on Investing (McGraw-Hill); (vi) The Little Book that Saves Your Assets (John Wiley & Sons), which was ranked on the bestseller lists of The New York Times and Business Week; (vii) Portfolio Investment Opportunities in China (John Wiley & Sons); and (x) Portfolio Investment Opportunities in Precious Metals (John Wiley & Sons). His works have been translated into Chinese, Japanese, Russian, German, Korean, Italian, Indonesian, Norwegian, Romanian, and Vietnamese. Seapoint Books published David's eleventh book in 2012 , Voyager 3, containing his creative writing, and in 2016, his twelfth book, Flim-Flam Flora, a children's book coauthored with his daughter. David appears as a frequent guest on CNBC, Bloomberg, FOX, PBS, and other television channels, and has contributed numerous articles to Barron's Euromoney, The Money Manager, Forbes.com, The Yale Economic Review, and other publications. He has broadcast and written extensively on asset allocation in the Morgan Stanley biweekly Investment Strategy and Asset Allocation Commentary and in the Firm's Wealth Management monthly publication, Asset Allocation and Investment Strategy Digest, the predecessors of which he launched in 1997. David attended Father Ryan High School in Nashville, Tennessee, graduated from Phillips Exeter Academy, was awarded a BA degree in Economics from Yale University, and earned his MBA from Harvard Business School. David serves on the Investment Committee of the Phi Beta Kappa Foundation and the Advisory Boards of the George Washington Institute for Religious Freedom and the Black Rock Arts Foundation. David has lectured extensively at Wharton, Columbia, INSEAD, and New York University Business Schools, and for nine years, David served as a visiting faculty member at Yale College, Yale School of Management, and Harvard Business School. In November 2011, David was inducted by Quinnipiac University in their Business Leaders Hall of Fame. David is a CFA Charter holder and a member of the New York Society of Security Analysts and the CFA Institute. Join Our Distribution List – For a full copy of our report. 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A copy of Americana Partners' current written disclosure brochure filed with the SEC which discusses among other things, Americana Partners' business practices, services and fees, is available through the SEC's website at: www.adviserinfo.sec.gov. The tax and legal information contained in this newsletter is general in nature. It should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation. Foreign securities, foreign currencies, and securities issued by U.S. entities with substantial foreign operations can involve additional risks relating to political, economic, or regulatory conditions in foreign countries. These risks include fluctuations in foreign currencies; withholding or other taxes; trading, settlement, custodial, and other operational risks; and less stringent investor protection and disclosure standards in some foreign markets. 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The EAFE® Index is a stock index offered by MSCI that covers non-U.S. and Canadian equity markets. It serves as a performance benchmark for the major international equity markets as represented by 21 major MSCI indices from Europe, Australasia, and the Middle East. The EAFE® Index is the oldest international stock index and is commonly called the MSCI EAFE Index. The Russell 2500® is a market-cap-weighted index that includes the smallest 2,500 companies covered in the broad-based Russell 3000 sphere of United States-based listed equities. All 2,500 of the companies included in the Index cover the small- and mid-cap market capitalizations. The Russell 1000® Growth Index is an unmanaged index that measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values. 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The ISM manufacturing index, also known as the purchasing managers' index (PMI), is a monthly indicator of U.S. economic activity based on a survey of purchasing managers at more than 300 manufacturing firms. The Composite Index of Leading Indicators, otherwise known as the Leading Economic Index (LEI), is an index published monthly by The Conference Board. It is used to predict the direction of global economic movements in future months. A bond rating is a letter-based credit scoring scheme used to judge the quality and creditworthiness of a bond. The option adjusted spread (OAS) measures the difference in yield between a bond with an embedded option, such as an MBS or callables, with the yield on Treasuries. Mean reversion, in finance, suggests that various phenomena of interest such as asset prices and volatility of returns eventually revert to their long-term average levels. A meme stock is a security that has seen an increase in trading volume after going viral on social media or an online forum. This document may contain forward-looking statements relating to the objectives, opportunities, and the future performance of the U.S. market generally. Forward looking statements may be identified by the use of such words as; “believe,” “expect,”“anticipate,”“should,”“planned,”“estimated,”“potential”and other similar terms. Examples of forward-looking statements include, but are not limited to, estimates with respect to financial condition, results of operations, and success or lack of success of any particular investment strategy. All are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting a portfolio' operations that could cause actual results to differ materially from projected results. Such statements are forward-looking in nature and involve a number of known and unknown risks, uncertainties and other factors, and accordingly, actual results may differ materially from those reflected or contemplated in such forward-looking statements. Prospective investors are cautioned not to place undue reliance on any forward looking statements or examples. This material is proprietary and may not be reproduced, transferred, modified or distributed in any form without prior written permission from Americana Partners. Americana Partners reserves the right, at any time and without notice, to amend, or cease publication of the information contained herein. Certain of the information contained herein has been obtained from third-party sources and has not been independently verified. It is made available on an "as is" basis without warranty. Any strategies or investment programs described in this presentation are provided for educational purposes only and are not necessarily indicative of securities offered for sale or private placement offerings available to any investor. The mention of any individual security should not be construed as a recommendation to buy or sell that security.

Welcome back to Money Grows On Trees: The Podcast, where we explore the fascinating world of finance and wealth-building strategies. Your host, Lloyd Ross, The Millionaire Money Mentor dives into the depths of his personal connection with real estate. It's a love-hate relationship that has shaped Lloyd's financial journey and may challenge your own perceptions of this lucrative investment avenue. If you've been following Lloyd on social media or engaging with his content, you might consider your Millionaire Money Mentor an unlikely advocate for real estate. After all, he doesn't currently own any properties and hasn't discussed it extensively before. Yet, there's more to this story than meets the eye. What does Lloyd love and hate about real estate? Join us as we delve into Lloyd's background, which includes his experience as a lawyer specializing in property law, a real estate developer with a global powerhouse, and a successful entrepreneur who has built businesses exceeding seven figures. Through these experiences, Your Millionaire Money Mentor has come to realize that real estate holds both tremendous potential and unexpected pitfalls. But here's the twist: Lloyd consciously chose to distance himself from traditional real estate investments at this stage of his life. Instead, he's focused on building and scaling businesses, which has granted Your Millionaire Money Menotr unparalleled financial independence and the freedom to explore the world on his terms. However, it's crucial to emphasize that Lloyd's decision is not rooted in ignorance. Quite the contrary, his extensive knowledge and understanding of the real estate market have shaped Your Millionaire Money Mentor's perspective on its advantages and challenges. In this episode, we'll delve into what Lloyd loves about real estate – its predictability, steady cash flows, and the leverage it offers for wealth creation. We'll also explore what he dislikes – the transacting costs, short-term unpredictability, and the responsibility it entails. So, why has Your Millionaire Money Mentor chosen to sidestep this game embraced by many? What factors have guided Lloyd's journey towards alternative wealth-building strategies? And most importantly, what can you learn from his experiences to shape your own financial path? Get ready for an eye-opening discussion as we explore the love, hate, and untapped potential of real estate. Welcome to "Money Grows On Trees: the Podcast" Money Grows on Trees Team

In this episode, we dive deep into the world of financial growth and strategy with Kristian Marquez, founder President & CEO, CFO at FinStrat Management and a seasoned CFA charter holder.  Kristian shares valuable insights and wisdom gained from his extensive experience in the financial industry. From financial planning and analysis to risk management for business owners, this episode provides a blueprint for achieving financial success. Topics Discussed: 1. Financial Planning and Analysis: 2. Lessons from Experience: 3. Path to Profitability for Business Owners: 4. Tailoring Financial Strategies: 5. Risk Management for Business Owners:  and more… If you want to be our guest, or you know some one who would be a great guest on our show, just send your email to info@globalriskconsult.com with a subject line “Global Risk Community Show” and give a brief explanation of what topic you would like to to talk about and we will be in touch with you asap.

The role of Andrew Williams and Ben Arnold of Schroders Value Equities team - a team responsible for £14B+ - extends beyond managing assets; it involves fostering relationships built on trust and steering clients away from performance-driven decision-making.  In this episode, they discuss:  A period of underperformance and the heartbreaking trend of talented value investors giving upThe damaging consequences of short-term focus and the chaotic rollercoaster of hot money inflows and outflowsWhat it's really like to be a specialist within a large organization The best part? They're also providing practical examples of how their team infuses personality and human connection into each transaction – challenging the notion that quant is king.  Tune in now and prepare to be schooled on the power of human connection and radical honesty in the investment world.  More About Andrew Williams: Andrew Williams is an Investment Director on the Schroder Global Value Team. As a founding member of the team, Andrew has played a key role in developing the team's business and product strategy. Andrew's responsibilities include client communications, commercial strategy, product marketing materials, competitor analysis, and Investment Product Team management. Andrew joined Schroders in 2010, initially working in the Investment Communications team with a focus on UK equities. Prior to joining Schroders, he served as an analyst at an independent capital markets research firm. Andrew holds a CFA certificate in Investment Management (IMC) and earned a degree in Economics and Politics from the University of the West of England. Andrew lives in London with his wife and 2 children, who keep him very busy when he isn't in the office! More About Ben Arnold: Ben Arnold is an Investment Director on the Schroder Global Value Team. He joined the team in 2017, and Schroders in 2016 on the graduate training scheme. Prior to joining Schroders, Ben worked as an analyst in Institutional Banking for the Royal Bank of Scotland from 2012 to 2015. He holds the CFA Charter designation and has earned an MSc in Corporate Strategy and Governance from the University of Nottingham.  Want More Help With Storytelling?  +  Subscribe to my newsletter to get a weekly email that helps you use your words to power your growth:https://www.stacyhavener.com/subscribe  Resources mentioned in this episode:BooksBen's recommendation: Let My People Go Surfing by Yvon Chouinard Andrew's recommendation: Meditations by Marcus Aurelius Songs Ben's Rec: Kasabian – Fire Andrew's Rec: Blur – Song Two

Dr. Wing Lim hosts guest Gaurav Sobti, Vice President at Create Commerical Mortgage Services, in a discussion about private versus public equity and real estate investing. Gaurav holds designations as CPA, CA, and CFA, and has a wealth of knowledge to draw from in shedding light on equity and what the average investor needs to know. Gaurav Sobti is the husband of a physician - he likes to joke that his parents wanted him to be a doctor so he did the next best thing and married one. He understands investments both from the financial point of view, his career, and from a physician standpoint as well. Gaurav defines a lot of terminology for Dr. Lim and offers insight into the markets and asset classes.  In this episode, Dr. Kevin Wing explores the world of private versus public equities with guest Gaurav Sobti. They talk about the differences between public and private, the pros and cons of each, the differences in leverage and liquidity, and who to buy such funds from. Gaurav shares some important advice on what to investigate and what questions to ask when approaching an EMD (Exempt Market Dealer) or fund manager. This episode is a solid groundwork guide into the world of private and public equity and real estate as an investment from a financial expert.About Gaurav Sobti, CPA, CA, CFA Gaurav Sobti has 10+ years of financial services experience across real estate, investments, finance and accounting.Gaurav's most recent formal role was with a national real estate finance firm where he was responsible for originating and underwriting commercial mortgage transactions with a specialty on CMHC insured (multi-family) financing. Prior to that, he spent 4+ years at a private investment fund which had a mortgage investment fund. Prior to that, Gaurav worked at Alberta Teacher's Retirement Fund Board on the private investments team focused on private equity transactions. Gaurav was part of a top performing team that managed a $3Bn institutional grade portfolio. Gaurav started his career at Deloitte, one of largest accounting/advisory firms in Canada and worldwide.By training, Gaurav is a designated CPA, CA and CFA Charter holder. Gaurav is a licensed mortgage associate.Resources Discussed in this Episode:Gaurav Sobti on LinkedInCreate Commercial Mortgage Services—Physician Empowerment: website | facebook | linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment podcast. At Physician Empowerment we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca - that's P H Y S Empowerment dot ca - to learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now on to today's episode. Dr. Wing Lim: [00:00:34] Well, welcome, everyone, on a Monday night, and it's always good to see you guys. And yeah, so Kevin there, me and Gaurav. So I'm Wing Lim, Dr. Wing Lim and this is Dr. Kevin Mailo and there's Gaurav, our guest. So welcome, everyone. There are other people who might pop in later. Yeah, so we're super excited to be hosting this one, this webinar, live webinar and etiquette as we record the show and so that you guys know it's being recorded. So yeah, I'm one of the co-founders of Physician Empowerment and what we do with the live webinar and the podcast is we interview interesting people on interesting topics that might help physicians live better lives. So we're here to do all that. And so tonight I'm super pumped to have Gaurav to be our guest. And Gaurav is interesting for many, many reasons and we'll dive right into it. But Gaurav is a physician's husband, so this is one of the spouses, but he's got a very diverse background. So maybe tell me or tell us a little bit about your immediate family or extended family, how you link into the physician community. Gaurav Sobti: [00:01:45] Sure. So thanks, Wing So I like to joke that, you know, I come from an East Indian background, lots of medical doctors in that from that background. And so my parents wanted me to be a doctor. So I did the next best thing and married one. And so, yeah, my wife, she's a family physician. She's been a family physician, I think since probably 2015 when she finished her residency. She works as she works out of a clinic. We don't run the clinic. She just works out of a clinic. And yeah, her family has a few, there's a few doctors and her mom's a doctor and so is, I think her, her cousins as well. Dr. Wing Lim: [00:02:23] Right. And then you got some on your side, right? Gaurav Sobti: [00:02:26] Do I? I'd have to think actually, I don't, I'm not sure actually if I have too many on my side. Dr. Wing Lim: [00:02:31] Right, yeah. But it doesn't matter, right? We're all regular people anyways, right? It doesn't matter what profession we are. So now professionally, you have a very interesting background. You're a CA, CPA, CFA, that's quite a designation. You have institutional background and you're not, I guess you don't want to be stuck behind a desk doing people's tax returns. So you do a whole diverse a lot of things and you're into financing as well. So tell us more about what your journey is like. Gaurav Sobti: [00:03:01] Yeah, so I went to school in Waterloo. I actually studied biotechnology and chartered accountancy. So, you know, I was kind of hedging my bets, thinking maybe I'd go into medicine. Um, but yeah, so I, I worked for Deloitte, which is an international accounting firm there. It was good, I liked it, gave me a good investigative background, but kind of always knew I wanted to do finance. Decided to move out to Edmonton to join a sort of mid-size and growing pension fund, our teacher's retirement fund, and didn't really know much about finance really until I got into there and we were doing private investments. The program was, you know, I would say the book was, you know, it was a $3 billion book where that's what we were building. Dr. Wing Lim: [00:03:46] Wow, Wow. Gaurav Sobti: [00:03:47] Half was private equity, half was infrastructure. And I worked primarily on the private equity side. Yeah, we were investing in funds and co-investments. And it was fun. It was, I could have had a very cushy job, but decided that I wanted to kind of do more entrepreneurial things. So I, you know, long story short, I joined a private lender. That's where I kind of got my experience in real estate, I was there for about four years, kind of originating deals, mortgage deals. Right? Again, probably prior to that really didn't think of mortgages as investments. And then decided I wanted to get some CMHC experience, which is related to multifamily. So I joined a national real estate finance firm, learned multifamily financing, CMHC, and then now I've kind of become, you know, independent, you know, I am technically a mortgage broker, right? I like to think of myself as more of a sort of consultant, like I put together my own deals as well, equity deals for real estate as well because I think that's where my passion lies. Dr. Wing Lim: [00:04:52] Right? So that's a really interesting background. And so of course you're more qualified than anyone, but what you just said just caught my attention. You said you learned about private equity and real estate quite a few years after you became a CA, right? So that tells me that the CAs that we use, if they're the general practice kind of CA, they might not know a lot about this stuff, do they? Gaurav Sobti: [00:05:16] Yeah, no, you're totally right. Like I, when I was a CA and doing audits, right, you know, I would say my Excel skills were pretty limited as well. Right? Think now, you know, with new CAs that's improved. You know CAs, you know, they know numbers. Some of them, even within CAs, some of them know taxes, some of them don't. There were some CAs who were auditors who didn't even do their own personal tax returns. Right? So I think obviously, just like physicians, CAs come from different kind of backgrounds and experiences. Just as finance advisors do as well, right? Dr. Wing Lim: [00:05:55] It never ceases to amaze me how my colleagues and I made a lot of decisions, East, West Coast. They always run business ideas by the accountants. Gaurav Sobti: [00:06:02] Usually they'll tell, you know, then if it's your accountant because they're generally pretty risk-averse, right? Dr. Wing Lim: [00:06:08] They're very risk averse. They'll shoot down your idea even if it's a good one. Right? So anyways, that's just for what it's worth, right? Do not go to your accountant for business advice. Go there for your tax return advice. Right? So, yeah. Okay, so let's move on. So when we talk about private equity, let's talk about public markets, right? There's public, private and most people just give their money to their advisors. And most people, most physicians I know of have thrown their money into the public markets. And it's a mess out there. So do you want to make some comment about the reason that bank runs stocks, bond reversal, crypto upheaval can just give me, get a broad brush. What's the weather like? What's the temperature like out there in the public markets? Gaurav Sobti: [00:06:53] Yeah, no, I mean, so obviously there's a lot of volatility, right? You know, after Covid. Well, when Covid hit, you know, the markets took a big dive. And then there was a big run-up related to all the printing of money. Right? Now, they're kind of out of favor again. The markets have taken a hit with just interest rates rising. Right. Tech has definitely taken a huge hit. And, you know, now there's definitely recession fears coming. So, you know, the yield curve is kind of changing, you know, by the month. Right? And especially with these banking failures with ICB and now Credit Suisse like people are worried like is this another 2008? Dr. Wing Lim: [00:07:34] Very much so. Gaurav Sobti: [00:07:35] So there's definitely a lot of volatility. You're seeing that in the bond market for sure. Dr. Wing Lim: [00:07:39] Yes, exactly. So historically, people say, well, 80/20 rule, 60/40 rule 60% stocks 20/40% bonds. Oh, you're set. Well, gee, if both of them tank, what do we do if that's our retirement? Gaurav Sobti: [00:07:53] Yeah, me personally, like, I think capital should be, you know, flexible. I'm not saying, you know, public markets are bad, but sometimes, you know, there's sometimes a time to invest in them. And so there's sometimes there's better times and sometimes there's worse times. That being said, I think you look at the Canadian pension plan model, right? And Canadian pension plans are really pioneers globally when it comes to investing, right? They tend to put a lot of money into alternatives. And I would say the three big asset classes are private equity, infrastructure, and real estate. So definitely that has a place in someone's portfolio. And you know, there is a trend towards, you know, making this more widely accessible. But yeah, you definitely have to understand sort of what the risks are and, you know, private equity, again, very broad term. Right? Dr. Wing Lim: [00:08:42] So before you go further, because treat us like grade eight in finance language. Right? So what is private versus public? Why do they call it public versus private? What distinguishes them apart? Gaurav Sobti: [00:08:57] Yeah, so private, private and public, I mean, the simple difference is that, you know, public is on a, you know, it's openly traded on an exchange. There's generally more regulation there. Right? Like, you know, to go public, like there's a lot of securities documentation that have to be filled out. Whereas private can be, although there is securities regulation associated with private, it's not as regulated, right? And yeah, it's, you know, just it's privately owned. Dr. Wing Lim: [00:09:27] Right. So why do people consider, why people go into private equity versus public? What's the advantage there? Gaurav Sobti: [00:09:35] Well, I think there's a few things. So one is control, right? When you invest in a public security. Well, especially if you invest, let's say, through an EFT or a mutual fund manager, well, that manager does not have really any say or control over that over that company. Whereas, you know, if you invest in private securities, whether you're doing your own or you're investing with the manager, they're generally going to have more control, right? That's one reason. The second reason is, you know, there's diversification. There's the universe of public companies, like there's lots of public companies out there, but there's way more private companies out there. So, you know, if all you do is invest in public, then you're missing out on a segment of the market. And then I would say generally private investments they tend to, I mean they have outperformed. Right? That's another reason. There is potential for more alpha because of the fact that there is control and also because you might be investing in different, you know, smaller mid-sized companies or projects and that could eventually go public right through consolidation. Right? Dr. Wing Lim: [00:10:56] So let's go back a little bit because we are afraid of jargon. So when you say more alpha, do you mean that there's more profit? Gaurav Sobti: [00:11:02] There is potential for more profit. There is potential. Dr. Wing Lim: [00:11:04] And then that means that potentially there's more rate of return because people go to private, I know, at least I know people, myself included, go there because all the rate of return is more attractive. Gaurav Sobti: [00:11:14] There could be, yeah. Now, you know, I will caution that part of that return comes from leverage as well. Like the public markets hate leverage, right? So like if you look at like a public REIT, for example. They're definitely not going to put as much leverage on the asset. Now they'll say it's because of risk and, you know, there's probably some truth to that. But part of it is just if they put too much leverage on it, they're punished by the public markets. You don't have that issue in the private markets. Dr. Wing Lim: [00:11:45] Let's backtrack. By leverage you mean they actually borrow some money? Gaurav Sobti: [00:11:48] Yeah, they borrow. Yeah. Typically private investments, there's more leverage in loan. Right. Which, you know, leverage, you know, it can be in, you know, in the right instances, it can be a good thing for returns. Dr. Wing Lim: [00:11:58] Right. So so what other things should we consider like, say, the downside or the cons of private investment that we need to watch out for? Gaurav Sobti: [00:12:07] Yeah, I would say a con, one con is that it's not as liquid, right? So, you know, when you invest in a stock, if you need to sell, you can sell immediately. Now that can be a bad thing too, because sometimes you're your worst enemy, right? Dr. Wing Lim: [00:12:23] Chicken Little. Gaurav Sobti: [00:12:25] So yeah, like, you know, I would say if you're investing in private, you have to have a longer-term horizon, right? You shouldn't be investing funds that you're going to need anytime soon. Dr. Wing Lim: [00:12:35] So what kind of horizon, What months, years, decades? What are we talking about? Gaurav Sobti: [00:12:40] Well, definitely years for sure. Like, you know, obviously it depends on what you're investing in. But, you know, the thing is like public, you can literally buy something today, can sell it tomorrow, I might sell it for a loss, but I can sell it tomorrow. Right? Private securities, you don't necessarily have that liquidity. There are, there's I mean, we can probably for another conversation, there is a whole area called secondaries in the private markets, which does provide liquidity. But that's, again, that's probably too much for this conversation at this point in time. In general, private securities are less liquid. The other thing is transparency. Now, depending on the group you're investing in, right, like, you know, it's less regulated. So there's going to be, there can be less transparency around it. With public you have to file your statements quarterly. You're dealing with the regulator. Private overall is just less regulated and there can be less transparency. Like you could, you could just get into a deal with like, for example, a local developer. There could be, you know, very limited transparency around it. Dr. Wing Lim: [00:13:46] So in your experience, what's the split that, like most people, do they do like 80% of their money in public, 20% in private? What's your feel, like an average professional. Gaurav Sobti: [00:14:01] That's a tough question, but I would say it really depends on your own personal circumstances. And your need for liquidity. You know, that being said, I don't think you should be 100% in private, right? I think the public markets do, there is a role for them. Dr. Wing Lim: [00:14:20] Right. Gaurav Sobti: [00:14:22] And so it's, I would say, what I can tell you is that like, for example, the pension fund that I worked for, we had 35% in privates, right? So 10% was in private equity. 10% was in public equity, not public equity sorry, infrastructure, and 15% was in real estate. So I think if you look at a lot of the pension funds, you can pull up their reports, right, for Canada. Like I would say, they're anywhere between, you know, 30 to 50% in privates. Dr. Wing Lim: [00:14:55] Right. I think for most physicians, we don't, like we don't do day trading. We don't have time to do that. We're long-term. We're building up the nest egg for retirement for us and in intergenerational wealth. So for long-termers, you think it's a good idea, right, to... Because these are longer horizon, like you said. Gaurav Sobti: [00:15:16] Well, I think physicians, like the advantage they have is, you know, especially in Canada they're, generally if you're a physician, you're a physician for a very long time period. Right? You have very predictable earnings. And it's almost like a bond, right, in itself. Like that cash flow stream. So because of that, you can probably rely on that more than, let's say, other professions. Right? You know there definitely is a case to be made to invest more in private securities. Dr. Wing Lim: [00:15:49] Sure. So let's dive into it. So how can an average Joe get involved in private securities and where do they find them or what kinds are there? Gaurav Sobti: [00:15:59] So I mean, you know, some of the private wealth managers or investment managers, they may have a private offering. I will caution you that, you know, sometimes these guys are just trying to sell private securities for the sake of almost as - well I'm not sure what the right, I don't want to use the word gimmick - but they're just like, okay, we know private securities is hot. Let's get someone into, let's get these guys into private securities, but they don't necessarily know how to do actually, honestly, the proper due diligence is one. And frankly, they probably overly diversify. So when I was at the pension fund, for example, we actually ran a very concentrated private equity book where we invested inside fund managers. And then we also did direct deals alongside the fund managers. And the reason we were concentrated is because if you have like, let's say, 40 managers that you're investing in, well, they're going to have multiple funds that invest in, you know, 8 to 15 companies each, right? So that's just, like you're just overly diversified. You're probably going to end up, after all the fees are said and done, you're just going to end up getting like an ETF type return. Dr. Wing Lim: [00:17:21] Well that's exactly - I totally agree with that. And actually, it's not just me. So last time we interviewed Brandon Carlson. He's a portfolio manager and the podcast just got released. And so we asked him, I actually interviewed him in December and say, what's 2023 going, right? Where's the public markets going? And he's just saying exactly that because it's a zoo out there. So he says, if I were to predict where Fortune 500, half of this is going this way, half of that going that way. And if you just do a very broad-based diversification like index fund, you end up with the very mediocre thing, which is, you know, not much different, right? But then if you become more selective and you're not just picking average Joe, you actually need to understand what they do. And become more select, more focused. Then you probably win, right? So I guess that applies to private equities then? Gaurav Sobti: [00:18:17] No, definitely. Yeah. Like, so that's one thing to consider. You don't want to be overly diversified either because if you're trying to, you know, the whole one of the reasons to invest in private is to get that additional return. And if you just end up overly diversifying there, it kind of defeats the purpose. Right? And honestly, you have to just, depending on who you're investing with, like you might be able to find like a manager that you can invest directly who invests in companies. Right? Or you can invest through what is known as a fund of funds. So the fund, they create a fund like a feeder fund, which invests in a variety of managers. And honestly selecting the right manager to invest in, there is a skill to that. And there is a process. But if that manager is investing in, if your fund a fund is investing in too many managers and then they're laying on too many fees, then again, you're just going to end up with a ETF return, right? Dr. Wing Lim: [00:19:18] Right, exactly. Now let's pivot and move into that space, into more day-to-day. Who would end up buying these funds from. And there's a, one of the hot, hot, at least in my experience and in my space, but one of the hot, hot things is real estate, right? Real estate funds is part of this private equity. And they're a big chunk of real estate. And so I think you and I are both passionate in this space. And there's a lot of capital raised. There's a lot of good returns. So how would you describe the space right now, this real estate fund space. Is it expanding? Is it hot? Is it worth getting into it? Gaurav Sobti: [00:19:55] Definitely expanding. The whole alternatives is expanding and real estate is probably, you know, I haven't looked at the statistics, but it's probably one of the largest private asset classes. Right? And there are more private funds kind of showing up. Yeah, so you could find a manager to invest with. You could find a sponsor to invest in. You could go through an EMD as well, right? EMDs have different products on their shelves. But again... Dr. Wing Lim: [00:20:30] Let's talk about EMDs, that's a good catch phrase. Right? So what does EMD mean and what are they? What do they do? Gaurav Sobti: [00:20:40] Yeah. So Exempt Market Dealer - I was actually formally registered as an Exempt Market Dealer back in 2015 and I'll be honest, I didn't fully understand it at that point. I was maybe 25, 26. I just had the right credentials and someone got me registered. I got to learn about this space a lot later on, right? And think I have a better appreciation for it. So yeah, so an EMD is an exempt market dealer. From my understanding these are groups that are essentially allowed to raise capital in the exempt market space. Dr. Wing Lim: [00:21:12] So why, exempt from what? Gaurav Sobti: [00:21:14] From a prospectus. So when you're raising capital, there's, if you raise capital in the public markets, you have to prepare what is known as prospectus. Which is essentially a legal/marketing document to go public. When you raise money in the in the private markets, there's various exemptions that you can rely on to raise that capital. And, you know, one is, you know, friends and family, another is the accredited investor exemption. Right? And so if you're, I would say EMDS, one) from a from an issuer point of view, from like a sponsor point of view, if they're raising capital on a very frequent basis, then I believe they need to use an EMD right, to stay on with regulation. But EMDs also provide products to potential investors, right? So they have products on their shelves that they essentially sell. So you know, we've done our due diligence. We've approved them. And here you can invest in this product. That being said, I would say, I would caution you coming from a pension background and coming from learning from a mentor who really taught me how to do diligence and having an audit background, I personally would be skeptical of an EMD's, like how much diligence have they truly done? Right? There's probably some out there that are great, but there's some out there that are just pure salespeople who don't really understand the risk, haven't really done significant amount of diligence. Right? And frankly, they're probably not even investing their own capital in the opportunity. Dr. Wing Lim: [00:22:53] So basically, to recap, EMD in my mind, is more like a brokerage house that they have a product shelf and then the different products and these are all private equity products. Gaurav Sobti: [00:23:06] Yeah, that's a... Dr. Wing Lim: [00:23:07] So to speak. Gaurav Sobti: [00:23:08] That's a good way to sum that up. Dr. Wing Lim: [00:23:09] Good way to sum that up, right? So versus you go to mutual funds manager or advisor mutual funds. So that's all the public equities. Most average financial planners will sell you public equities, right? And the private equity salespeople are the... DRs. Right? So, and I don't know how everybody's exposure is, there more and more DRs because there are more and more projects. So other than EMDs, would there be some funds that people can buy directly or like, say, from this what you call sponsor, like the developer, the issuer they call them? Or what about a REIT? Can people just directly buy from these people? Gaurav Sobti: [00:23:48] Well, even if you invest in a private REIT, for example, most likely that private REIT is raising capital on a frequent basis. There will be an EMD involved. Like for example, I was just more curious, I won't name the shop, but, you know, I was just very curious about a certain apartment sort of issuer. Right? Private issuer. So I just, you know, I reached out to them. They immediately, you know, directed me to a third party EMD who I had a chat with about the suitability, first of all, about the opportunity. But whether it's suitable for me. Right. So chances are, if you're dealing with somebody who's raising capital on a very frequent basis, you will get in touch with an EMD. You can invest in projects directly without an EMD, right? But then the issuer has certain responsibilities. Dr. Wing Lim: [00:24:41] So you talk about accredited investors, right? So think a lot of EMDs, they look for doctors because we are mostly high net worth, right? So can you briefly just tell the audience what's the space about accredited versus non accreditors, the eligible to like, where do they make the cut-off? But do we fit? Gaurav Sobti: [00:25:01] So accredited investors, I mean... You know I think it's you have to have $1 million in net financial assets that can include your house or you have to make, you know, $200,000 individually or $300,000 with a spouse. And I believe it's like a two-year cut-off. And you have to believe that it's going to persist, right? So that's kind of the definition of accredited. So most doctors, you know, even if they don't meet the financial, the net financial asset test, they'll generally make it on the income test. Right? And then, you know, there's obviously a path forward to get to that net financial asset test as long as they, you know, continue to save money and invest properly. Dr. Wing Lim: [00:25:41] Right. And then for those of us who are a little bit more exposed, I don't know about the audience, but certainly I'm very familiar with this space. So they promise a lot of returns, double-digit, like 8, 9% prep and then back end. So we end up with 15, 20, 20+ percent. So do you think those are realistic? Are these real? Are they true or are they poo? Gaurav Sobti: [00:26:05] Yeah, I mean, I think I think they can be realistic, but, you know, definitely there can be a game to it as well, right? Like you can, you know, you can put together a model, right? And, you know, you can make whatever assumptions you want and you can create that 20% potential return. But I think you have to, like I think there's a few things you got to look at. What I look at, for example, is like definitely I want to have alignment of interest with whoever I'm investing with. I want to make sure that they have skin in the game, you know, whether it's through investing cash, hard cash in the deal, plus, you know, potentially putting up their guarantee. Right? They don't always have to have everything, but there's got to be some level of alignment of interest. And then you want to see what kind of, do they only talk about the potential gains, do they even mention any of the risk? What's their track record? Have they done it before? Right? And so those are kind of some of the critical pieces. Do they understand financing? I think that's pretty, especially in real estate that's very important. So I've met with Bob Dylan, for example, from Main Street, right, which is the company. He's very successful. Dr. Wing Lim: [00:27:22] Big guy Gaurav Sobti: [00:27:24] Big personality type. And you know, he said like, you know, in this business, you know, you make money on the buy - and again he's more value-add apartments - you make money on the buy, you make money on the financing. You'd be surprised how few sponsors, like how little finance knowledge they actually have and how little knowledge they have related to like even financing. Like I was, people send me opportunities to look at from time to time and, you know, I kind of give my input, right? Like I try to give my unbiased opinion. And someone showed me an opportunity in Winnipeg and it was $100 million project and they were using an interest rate that was like 2% below the current market, right? And so it's like, do you not understand? Like, you know what I mean? Like, you should have this basic understanding. And the other thing I would say is you have to see like, listen, you're going to pay fees, right? Whether you invest in the public markets, if you invest your manager or you invest in private, there are going to be fees. And sometimes the fees in privates are going to be higher. It is more work to put a deal together versus just investing in a stock. But is there an alignment of interest? Like is there a preferred return, for example? Right. I was just looking at another opportunity the other day for somebody and, you know, these guys were taking 40% sweat equity, no preferred return. And they didn't, it didn't seem like they were really putting any cash in the deal. So these are some of the things you should look for, right, when you're kind of evaluating somebody. Dr. Wing Lim: [00:29:01] Right. So to recap what you say, well, they give you very attractive return while some of those are actually true. But there's a lot of stuff hidden behind that is all by assumption. And we have to do some sort of a due diligence. Gaurav Sobti: [00:29:16] Or you have to get somebody who knows how to do it. Like, you know, like-- Dr. Wing Lim: [00:29:19] Because they-- Gaurav Sobti: [00:29:19] -- who can do it for you. Dr. Wing Lim: [00:29:21] Or you have to find somebody who could do the due diligence, short for DD, right, a proper DD. So of course with your background being an accountant, auditor and with your CFA, of course you would know how to crunch numbers. How would average Joe Doctor know whether the salesman across the table knows what they're talking about? Gaurav Sobti: [00:29:43] I mean, I would say you got to educate yourself, right? So if you want to take the path where you're going to do it on your own, then you definitely have to educate yourself. And it's not that it can't be taught, but you have to invest in that process. You know, despite being relatively educated, right, on the financial side, you know, I think anybody is capable of learning something. But they have to they have to have the time. And they have to commit to it. Dr. Wing Lim: [00:30:11] Right, exactly. Now, so we have actually gone over time, but I want to switch over and spend a little bit of time about institutional-grade real estate investment. So that's part of our topic. So what would you say is the institutional-grade real estate investment project? Well, you can. Gaurav Sobti: [00:30:29] Think of institutional grade as generally, I mean typically they are larger assets, but I mean I think you can do it on a small scale too. You just have to have some of the same structures, right? So when, let's say when you're valuing an opportunity, is there a preferred return built in? That's one, that's probably, you know, that's typically a sign of, that's like an institutional concept, right? If they don't have that, then it's definitely not meeting that test, right? Dr. Wing Lim: [00:31:00] So to me, institutional grade is what institutional funds would buy, right? So that or they would sell, right? And so if somebody builds a project and they would the institution would smell you and say, I want to buy you out, then, you know, you got institutional grade real estate, right? Because you're worth pursuing. But it's different, right? Because we, most doctors have one, two, three, 20 doors of condos or houses. And so these are moms and pops, right? And there's a different level, which is the bigger, more sophisticated real estate. Gaurav Sobti: [00:31:34] So yeah, generally larger assets for sure are considered more institutional grade for sure. Yeah. Dr. Wing Lim: [00:31:39] And the returns are different. The effort is different, right. And so that would be a discussion for a different day. Okay, so, one final question. So yeah, you already answered some of that for us, what's the next step if we're interested in this or - our audience is diverse, I know some of the audience already talked to you one on one - some already have a huge portfolio and they're actually walking into institutional-grade already. So what's next for people like that or for the average doctor if they want to expand? Gaurav Sobti: [00:32:14] Yeah, I mean you can consider investing in, like these GPLB structures, right? Just kind of keep kind of some of the things that I said in mind, right, when you're kind of evaluating these opportunities. And, you know, there are, you could talk to an EMD. But just again, if you're talking to an EMD I would say make sure that they're investing their own capital in those same opportunities. That's probably one of the first questions to ask them. And really understand their due diligence process and who's doing their due diligence. Dr. Wing Lim: [00:32:46] Yeah. Okay, good. Thank you, Gaurav. It's a lot of questions. It's a lot for people who haven't heard about this quite a bit. Dr. Kevin Mailo: [00:32:54] Thank you so much for listening to the Physician Empowerment podcast. If you're ready to take those next steps in transforming your practice, finances, or personal well-being, then come and join us at PhysEmpowerment.ca - P H Y S Empowerment dot ca - to learn more about how we can help. If today's episode resonated with you, I'd really appreciate it if you would share our podcast with a colleague or friend and head over to Apple Podcasts to give us a five-star rating and review. If you've got feedback, questions or suggestions for future episode topics, we'd love to hear from you. If you want to join us and be interviewed and share some of your story, we'd absolutely love that as well. Please send me an email at KMailo@PhysEmpowerment.ca. Thank you again for listening. Bye. 

In this episode, special guests Mark Purtell and Joseph Harriman of CTC Wealth Management Real Estate Funds share their criteria for co-investment partners (i.e., syndicators) including asset classes, deal structures and operator experience; and their experience raising capital for nearly $100M in offerings.The episode at a glance; -05:45 - What Mark and Joseph are looking for in operator experience, how they are structured and the role they fulfill for their fund.  -09:27 - The kind of deals Mark and Joseph are looking for, “we encourage any operator to bring us a deal and let us say no as opposed to assuming we're not interested.”-16:04 - Why Mark and Joseph's fund won't take the place of finding your own LP -25:00 - Fund-raising techniques that have worked for Mark and Joseph-29:40 - How to build investor and operator relationships -42:42 - Proof of funds without a hard arrangement in placeGuest BioJoe Harriman joined CTC in April 2006 as Operations Manager and Head of Investor Relations for CTC Alternative Strategies, Ltd. Prior to CTC, he spent several years in Institutional Client Services at Calyon Financial, and the Chicago Board of Trade. Since 2006 at CTC, he has managed the operations of a multi-strategy proprietary trading company focused on global trading in equities, fixed income, and various derivatives. From 2017 to Present, he served as COO of the Manager. In this capacity, he successfully formed two real estate funds acquiring over $500 million in multi-family real estate. He received his B.S. in Finance from Arizona State University in 1995 and his M.S. in Financial Markets from the Illinois Institute of Technology in 2005. He received his CFA Charter in 2004 and is a member of the CFA Society of Chicago. Mark Purtell joined CTC in June 2001 as a trading assistant and worked on the trading side of CTC until transitioning to Head of Real Estate Acquisitions and Development in 2020.  He has split his time between trading and real estate with CTC since 2018. He expanded the network of operators to increase deal flow. He created the proprietary real estate model and is responsible for tracking existing deals in the portfolio and assisting in quarterly reporting. Since 2002, he has been active in the Chicago market for his own account with a focus on multifamily investments. He received a B.S in Finance from University of Illinois in 2001. He holds Series 4, 7, 24 and 57 licenses.For more information, head to https://www.ctcwealthmanagement.com/, email wealthmanagement@chicagotrading.com and call 312-863-8079. 

The path to managing a billion-dollar university endowment is not always the same, and in the case of Geeta Kapadia, there were twists and turns along the way. As the CIO at Fordham University, Geeta is a key member of the University's executive leadership team, collaborating with the Board of Trustees Finance and Investment Committee and senior leaders in finance, to develop and execute the University's investment strategy. Prior to joining Fordham in August of 2022, Geeta was the associate treasurer for investments with the nonprofit Yale New Haven Health System, the largest health care system in Connecticut, responsible for over $5 billion in assets. Before her long tenure at Yale, Geeta was a senior investment consultant at Mercer, and investment analyst at Capital Metrics. She is a CFA Charterholder, and longtime member of the CFA Institute, having served on its disciplinary review committee, graded exams, and mentored several investment professionals throughout their pursuit of the CFA Charter. On today's podcast, Geeta talks about her unique path to our industry and leadership roles, guidance for young professionals, and inspiration we can all use during difficult and uncertain times.

Alex Voss is a Senior Advisor of the Free Cities Foundation. He has a background in investment banking and joined Titus Gebel as the CFO of TIPOLIS Corporation from its beginning. Alex lives in Chicago and is working to expand the ideas of the Free Cities Foundation to the Americas. He studied economics and finance at University of Chicago and Notre Dame and holds the CFA Charter. More recently Alex has formalized his study of Austrian Economics under the tutelage of the Mises Institute. Subscribe to John's Finding Freedom Show solo feed. Listen and Subscribe on Apple Podcasts and Spotify. Do you love chips, but hate seed oils? You need to try Masa Chips,. They're fried in grass-fed beef tallow. You can get 10% off Masa Chips using promo code LIONS at checkout! Get access to all of our bonus audio content, livestreams, behind-the-scenes segments and more for as little as $5 per month by joining the Lions of Liberty Pride on Patreon OR support us on Locals! AND our new perk for $10 and up patrons 15% off coffee at Run Your Mouth Coffee! Check out our merchandise at the Lions of Liberty Store, including our hot-off-the-press t-shirt designs: TV is Filler for Pharma Ads and Making Myocarditis into Ourocarditis! Learn more about your ad choices. Visit megaphone.fm/adchoices

Alex Voss is a Senior Advisor of the Free Cities Foundation. He has a background in investment banking and joined Titus Gebel as the CFO of TIPOLIS Corporation from its beginning. Alex lives in Chicago and is working to expand the ideas of the Free Cities Foundation to the Americas. He studied economics and finance at University of Chicago and Notre Dame and holds the CFA Charter. More recently Alex has formalized his study of Austrian Economics under the tutelage of the Mises Institute. Subscribe to John's Finding Freedom Show solo feed. Listen and Subscribe on Apple Podcasts and Spotify. Do you love chips, but hate seed oils? You need to try Masa Chips,. They're fried in grass-fed beef tallow. You can get 10% off Masa Chips using promo code LIONS at checkout! Get access to all of our bonus audio content, livestreams, behind-the-scenes segments and more for as little as $5 per month by joining the Lions of Liberty Pride on Patreon OR support us on Locals! AND our new perk for $10 and up patrons 15% off coffee at Run Your Mouth Coffee! Check out our merchandise at the Lions of Liberty Store, including our hot-off-the-press t-shirt designs: TV is Filler for Pharma Ads and Making Myocarditis into Ourocarditis! Learn more about your ad choices. Visit megaphone.fm/adchoices

Alex Voss is a Senior Advisor of the Free Cities Foundation. He has a background in investment banking and joined Titus Gebel as the CFO of TIPOLIS Corporation from its beginning. Alex lives in Chicago and is working to expand the ideas of the Free Cities Foundation to the Americas. He studied economics and finance at University of Chicago and Notre Dame and holds the CFA Charter. More recently Alex has formalized his study of Austrian Economics under the tutelage of the Mises Institute. Subscribe to John's Finding Freedom Show solo feed. Listen and Subscribe on Apple Podcasts and Spotify. Do you love chips, but hate seed oils? You need to try Masa Chips,. They're fried in grass-fed beef tallow. You can get 10% off Masa Chips using promo code LIONS at checkout! Get access to all of our bonus audio content, livestreams, behind-the-scenes segments and more for as little as $5 per month by joining the Lions of Liberty Pride on Patreon OR support us on Locals! AND our new perk for $10 and up patrons 15% off coffee at Run Your Mouth Coffee! Check out our merchandise at the Lions of Liberty Store, including our hot-off-the-press t-shirt designs: TV is Filler for Pharma Ads and Making Myocarditis into Ourocarditis! Learn more about your ad choices. Visit megaphone.fm/adchoices

Meet Sibil Sebastian Patri, CFA, CAIA: VP of Strategy and Corporate Development at American Century Investments, and host of the CFA Institute's podcast series My CFA Charter Story. In this episode of NicsaTalk, she chats with Nicsa's Justine Phoenix about her background, what she's learned in her career, and how to foster a successful organizational culture.Listen to My CFA Charter Story here: https://www.cfainstitute.org/en/events/podcastsVisit http://nicsa.org/podcasts for more episodes

Malak Kraisha, CFA, shares her experience of earning the CFA charter during the COVID-19 pandemic to become one of the youngest CFA charterholders in the Middle East, and how she leverages the knowledge she has gained from the charter in her role as a venture capitalist in the fintech space. Achieve one of the highest distinctions in the investment management profession: Become a Chartered Financial Analyst®. As a CFA® charterholder, you will have the knowledge and the skills to thrive in the competitive investing industry. Learn more at https://cfainst.is/CFAProgram.   Learn on the go with CFA Institute. Explore our range of online courses about trending investment areas such as climate finance, data science and cryptocurrency. Learn more at https://cfainst.is/OnlineCourses.   Thank you for listening, if you enjoyed this episode please tell a friend and be sure to leave a review. To find the full line-up of CFA Institute podcasts, visit https://cfainst.is/podcasts.

Season @ launches Jan 25th, 2023.  My CFA® Charter Story returns with double the hosts and two episode formats. Join returning host Sibil Patri, CFA, as she guides us through inspirational CFA Program journeys in diverse places like Nigeria, Romania, and Jordan. New host, Lauren McAdams, will be talking to industry leaders about the doors opened to them as a result of earning the charter and joining the CFA society community.  Subscribe or follow to get updates when new episodes are released.                   ------------------------------------------------------------------------------------------------------------------ Achieve one of the highest distinctions in the investment management profession: Become a Chartered Financial Analyst®. As a CFA® charterholder, you will have the knowledge and the skills to thrive in the competitive investing industry. Learn more at https://cfainst.is/CFAProgram.  Learn on the go with CFA Institute. Explore our range of online courses about trending investment areas such as climate finance, data science and cryptocurrency. Learn more at https://cfainst.is/OnlineCourses. Thank you for listening, if you enjoyed this episode please tell a friend and be sure to leave a review. To find the full line-up of CFA Institute podcasts, visit https://cfainst.is/podcasts.

– The RIA Podcast with Seth Greene Episode 80 Sean Sebold Sean Sebold has over 20 years of experience in the financial planning and investment management industries. His diverse background and experience, ranging from the floor of the Chicago Mercantile Exchange to a Global Consultancy in Andersen Consulting, provide a unique vantage on wealth management. By focusing on the distinct needs of business owners, leaders and their families, Sean is able to guide the client through life decisions that bridge the gap between wealth and quality of life. Sean, a strong believer that education and knowledge provide value, is a part of a small group of advisors that have earned both the CFP® certification and the CFA Charter. Both designations are the highest level of certification in their respective field. (Less than 3% of all advisors in the country hold both designations.) His formal education began with a BA in English from Villanova University. He completed his CFP® education at the College for Financial Planning and went on to obtain an MBA with majors in Finance, International Business and Marketing from Northwestern University's Kellogg School. Sean is actively involved as a member of the Legislative Committee for the Naperville Area Chamber of Commerce and sits on the Board of Hesed House. He is a past-president and past-chairman of the Financial Planning Association of Illinois, the largest FPA chapter in the country. After serving at the state level, Sean chaired the Financial Planning Association's National Pro Bono Advisory Committee. He also served on the Illinois State Treasurer's Advisory Council on Financial Education and Literacy. Sean's unique philosophy of financial planning has been quoted in many articles, most prominently in The Wall Street Journal, AARP Magazine, Crain's Chicago Business, CFA Magazine, Financial Advisor Magazine, USAA Magazine and the Chicago Tribune. He has made presentations at the Kane County Bar Association, Naperville Area Chamber of Commerce, the CFA Institute of Chicago, and at the Financial Planning Association meetings. He has been a guest on WTTW's Chicago Tonight with Phil Ponce as well as ABC's Sunday Morning “NewsViews” with Alan Krashesky and Fox News.   Listen to this insightful RIA episode with Sean Sebold about helping people through his company Sebold Wealth Management. Here is what to expect on this week's show: - How building wealth outside of investments is economically valuable for a client. - Why it's important for people to know what a transaction will do for their family and legacy. - How it's important to have a well-rounded team of financial planners. - Why doing a great job for your clients leads to more business. - How financial advisors have a huge impact on people's lives and finances.   Connect with Sean: Links Mentioned: https://seboldcapital.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Jamil talks with Mike McGlone in a really interesting overview of the crypto space. Mike McGlone Bloomberg Intelligence - Senior Commodity Strategist Mike McGlone is a senior commodity strategist for Bloomberg Intelligence, a unique research platform that provides context on industries, companies, and government policy, available on the Bloomberg Professional service at BI . Mr. McGlone specializes in the broad investible commodity and crypto markets, authoring the monthly Bloomberg Commodity Outlook and Bloomberg Crypto Outlook. Mr. McGlone joined Bloomberg in 2016 with over 25 years of futures and commodity trading and investing experience, beginning at the Chicago Board of Trade. Prior to joining Bloomberg, he was a head of U.S. research at ETF Securities. Prior to ETF Securities, Mr. McGlone headed the commodity business at S&P Indices. His previous roles included head of futures research at ABN Amro and VP research, analyst, trader, sales at Aubrey G. Lanston / IBJ Futures. Mr. McGlone has an MBA from DePaul University in Chicago and bachelor's of science and arts degrees from Illinois State University. He is a CFA Charter holder and has earned a Financial Risk Manager (FRM) designation. --- Support this podcast: https://anchor.fm/crypto-hipster-podcast/support

A few broken bones on a fateful bike ride were not enough to break Santiago Castillo's spirit. Upon arriving to the United States as part of his semester abroad, Santiago used his time recovering to dive deeper into his love of finance, including becoming a teacher's assistant while he was actively pursuing his MBA. Oh, and he managed to find time to join a rock band.   Santiago's endless curiosity ultimately led him to the CFA Charter. Hear how Santiago's travels from Ecuador to Spain and beyond influenced his passion and decision to pursue studying for the CFA charter and why he believes it was ultimately a better decision than earning his MBA. If you have a compelling story about your journey to earning the CFA charter, we want to hear from you. Let us know why you would be a good guest on an upcoming episode.

With so much negative news and uncertainty with current market and economic conditions around the world, you will enjoy hearing the perspective of Dhruv Maniktala, CIO at True North Advisors, who sees volatility and dislocation as opportunities in areas such as real estate private credit, and closed-end fund arbitrage. We talk about the costs and level of protection of certain hedging strategies, along with investing in private equity and energy. Dhruv is the Chief Investment Officer at True North Advisors & Western Alternative Strategies and has over two decades of experience in the investment industry, spanning both public and private markets. He manages the initiatives of the investment team across traditional and alternative investments, including private equity, energy, real estate, and hedge funds. Dhruv has served in various capacities across a broad spectrum of private and public markets. His Project finance and M&A roles in the private markets were focused on acquisitions of power and water infrastructure assets in Europe, the Caribbean, South America, and the US, including the acquisition and nationalization of the water and power assets of Jamaica. Dhruv received his Bachelor of Technology in Mechanical Engineering from the globally renowned Indian Institute of Technology (IIT) that counts the CEOs of Google and Twitter, among others, as its graduates, and attended the University of Georgia where he earned his MBA and majored in Corporate Finance, Investments and Quantitative Analysis. Dhruv is a CFA Charter holder and a member of the CFA Society of DFW. He serves on the RIA Advisory Board of Research Affiliates and is on the Investment Committee of IFG. Disclaimer: All podcast discussions represent only the views and opinions of the host and guests. This podcast in no way constitutes investment advice and is not an offer to buy or sell any products or services. 

Episode 222 Osprey Founder and CEO, Greg King talks about Bitcoin, NFTs, and why you might consider buying digital assets via an ETF. Guest Biography Greg King, CFA, CEO of Osprey Funds: Osprey Funds offers the Osprey Bitcoin Trust (OBTC), the lowest-priced publicly traded bitcoin fund in the U.S., as well as several altcoin products, which are available to accredited investors. Greg began his career with Barclays Capital in London where he helped develop the first ever ETN. In 2009, he co-founded VelocityShares, LLC, a provider of alternative ETPs, which was acquired by Janus Capital in 2014. During his career, Greg has built and launched over 100 exchange-traded investment products listed on the NYSE, Nasdaq and CBOE. Greg received a Master's in Business Administration from the University of California, Davis, and is a CFA Charter holder. In this episode, you'll learn: Benefits of Exchange Traded Funds (ETFs) over mutual funds The Basics of different coins and projects Why you might consider owning bitcoin or other cryptocurrencies in an ETF Show notes: http://www.inspiredmoney.fm/222 Find more from our guest: www.ospreyfunds.io Twitter Linkedin Books One Up On Wall Street: How To Use What You Already Know To Make Money In The Market by Peter Lynch Trump: The Art of the Deal Thanks for Listening and Watching! To share your thoughts: Leave a note in the comment section below. Share this show on Twitter or Facebook. Join us at the Inspired Money Makers groups at facebook. To help out the show: Leave an honest review on Apple Podcasts, Podchaser.com, or wherever you listen. Your ratings and reviews really help, and I read each one. Subscribe on Apple Podcasts and YouTube.

This week, Kimberly Nelson returns to the show! We are talking about financial infidelity including how to recognize it and what to do if you find it's happening to you. Kimberly shines a light on some of the red flags of someone being financially deceitful, why it's important to exercise your financial agency, and explains why being aware of your finances matters for your divorce.  As an Advisor at Coastal Bridge Advisors, Kimberly Nelson focuses on bringing clarity and control to her clients' financial lives. She works with them to create a strong foundation for financial health through innovative, objectives-based wealth planning solutions with an emphasis on marriage dissolution and transition.   There are numerous types of infidelities; emotional, sexual, and relational. And there is financial infidelity, which is very hard to undo and recover from. Listen to this episode to hear how you can avoid it and what to do if you think it's happening to you. Show Highlights What is financial infidelity, anyway? (5:29) Why it is important to have financial agency and know what is going on with your finances. (9:24) Check and keep tabs on your credit report. You can pull your credit report for free, three times a year. Kimberly shares how. (13:13) Signs that you might be a victim of financial infidelity. (17:28) You know you want to get a divorce: is stashing cash for your divorce financial infidelity? (23:04) What to do if you suspect financial infidelity and how to have a conversation with your spouse. (33:12) If your divorce goes to trial, proof of financial infidelity will be crucial.  This documentation is key. (43:07) Is it worth hiring a forensic accountant? (47:00) Learn more about Kimberly: Kimberly has been working with high-net-worth divorcees in the LA area for more than 15 years. She understands the challenges women face when navigating an overwhelming bevy of attorneys, accountants, insurers, and other advisors during the dissolution process. She values the strong relationships she builds with her clients and is dedicated to enhancing the quality of their lives, believing that ongoing successful wealth oversight requires collaboration between investor and advisor.  She became a CFA Charter holder in 2012 and maintains a steadfast dedication to both her education and that of her community around financial matters. She's actively involved in the financial literacy efforts of the Los Angeles Center for Law & Justice (LACLJ) and serves as a board member and treasurer of Grades of Green, a non-profit that works to instill environmental awareness in the minds of elementary school students. Resources & Links:Information and links can also be found at: https://kateanthony.com/podcast/financial-infidelity-with-kimberly-nelson/ Private Coaching with Kate AnthonyKimberly on Linkedin Kimberly's websiteDivorce, Debt, and the Pandemic with Kimberly Nelson TODAY'S EPISODE IS SPONSORED BY: SHOULD I STAY OR SHOULD I GO?   An online coaching program designed to help you make the right decision about your marriage...once and for all.  In this groundbreaking online coaching program, you'll unlock the support, education and deep transformational work you need to finally answer to your most burning question: should I stay or should I go?

Sean Sanders is CEO and Founder of Revix. This crypto-focused investment platform recently raised over $4m to expand into Europe and launch a variety of crypto and theme-based investment products. Sean is a CFA Charter holder and comes from an investment banking background. Before founding Revix, Sean founded three start-ups, including Sataya, a proprietary trading firm, Blocktree Capital, a digital asset advisory firm, and Application Portal, a multi-purpose online university application system. He graduated Magna Cum Laude when completing his Bachelor of Business Science (Honours) in Finance at the University of Cape Town. Feel free to connect with him on LinkedIn here: https://www.linkedin.com/in/seanandrewsanders/ Learn more about his business and company link here: www.revix.com

In today's episode, host John Laurito is joined by someone he's known for 20 years and the Chief Investment Officer of BASH Capital, Scott Shaw CFP, CFA. They talk about how Scott's life was before reaching a fork in the road and deciding to transition from being on the passenger seat to taking the wheel and get that CFA designation for himself. He also shares what it's like as a CFA, what he does, and how he can better help his clients than he ever could.Scott Shaw is dedicated to implementing BASH Capital's Investment philosophy usingan effective and purposeful approach. He is focused on delivering portfolio advice thatprovides clients with the expertise they deserve and an added layer of due diligence.Prior to starting BASH Capital with Matthew Bagell, Scott was the Managing Director ofhis own financial firm Mainline Wealth Management and owner of his franchise atAmeriprise Financial. Over the past 19 years, he developed a wealth managementpractice composed of investors and financial planning clients from a variety ofbackgrounds. Scott has focused his career on providing the most comprehensive andefficient approach to portfolio construction, and asset management. His dedication toimplementing CFA Charter best practices is what sets his advice apart from others.Find Scott at:LinkedIn: https://www.linkedin.com/in/scott-a-shaw-cfa-cfp-b0b8325/Show notes[2:50] What Scott's path looked like and how he figured out the right step[5:17] His fork in the road[7:40] On wanting to be in the driver's seat for his clients[9:09] What is a CFA designation?[14:43] His transition to being a thought leader as a CFA[18:10] Working and dealing with clients[22:25] How he helps people become more self-aware[26:05] His “Daily 7” habits[31:04] Scott's parting words of wisdom[34:40] OutroGet a copy of Tomorrow's Leader on Amazon https://tinyurl.com/huseae9hText LEADER to 617-393-5383 to receive The Top 10 Things That The Best Leaders Are Doing Right NowFor questions, suggestions, or speaker inquiries, contact me at john@lauritogroup.com

In this episode of Bridge to the Burgh we talk to Nick Findley, a very recently awarded CFA charterholder. Only 3 years out of undergrad, Nick talks about his short yet eventful career path so far – more specifically why he prioritized obtaining the CFA charter. We like to think of this episode as the beginners guide for CFA candidates. Nick experienced some bumps in the road during this candidacy, but more importantly, we hear about how he overcame them. A great episode for students, candidates, and experienced professionals – you won't want to miss it!

What's going on you filthy animals, this episode of the podcast I brought on Insta.vesting, who runs a SUPER informative instagram page. He has professional experience in the world of Private Equity and has over 15 years of trading and investing experience. In addition, he has his MBA and CFA Charter. I hope you guys enjoy this episode as much as I had making it! Insta.vesting Instagram - https://www.instagram.com/insta.vesting/ DISCLAIMER: WallStJunky and its content is not tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. Discord and Facebook Investing Communities: https://discord.gg/xg6UaBwZ https://www.facebook.com/groups/301632014175967/ Get yourself a free stock from WeBull Program: https://www.webull.com/activity?inviteCode=RDLGcD4x25iE&source=invite_gw&inviteSource=wb_oversea Reading List: The Little Book of Common Sense Investing - https://amzn.to/39VPWDu The Intelligent Investor - https://amzn.to/36RqeOw Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! - https://amzn.to/3cMEMmp Extreme Ownership by Jocko Willink- https://amzn.to/2YVCE3y Principles by Ray Dalio - https://amzn.to/39WlZ68 Follow me on Instagram & Twitter for up to date market color! https://twitter.com/WallStJunky44 https://www.instagram.com/wallstjunky/ --- Support this podcast: https://anchor.fm/wallstjunky/support

Jamil talks with Mike McGlone in a really interesting overview of the crypto space. Mike McGlone Bloomberg Intelligence - Senior Commodity Strategist Mike McGlone is a senior commodity strategist for Bloomberg Intelligence, a unique research platform that provides context on industries, companies, and government policy, available on the Bloomberg Professional service at BI . Mr. McGlone specializes in the broad investible commodity and crypto markets, authoring the monthly Bloomberg Commodity Outlook and Bloomberg Crypto Outlook. Mr. McGlone joined Bloomberg in 2016 with over 25 years of futures and commodity trading and investing experience, beginning at the Chicago Board of Trade. Prior to joining Bloomberg, he was a head of U.S. research at ETF Securities. Prior to ETF Securities, Mr. McGlone headed the commodity business at S&P Indices. His previous roles included head of futures research at ABN Amro and VP research, analyst, trader, sales at Aubrey G. Lanston / IBJ Futures. Mr. McGlone has an MBA from DePaul University in Chicago and bachelor's of science and arts degrees from Illinois State University. He is a CFA Charter holder and has earned a Financial Risk Manager (FRM) designation. Jamil Hasan is a Generation X Author and experienced data intelligence technology builder with two decades of experience leading data-based teams at Fortune 100 companies, including AIG, Prudential Financial, and Ingersoll Rand. Jamil believes that skill and experience, not just age, is the most important factor required to build and lead corporate organizations. His unique story, as someone on the ground floor of the 2008 financial crisis and his role to help repay the $180 billion AIG bailout, enabled him to come face-to-face with many of the societal ills facing Generation X today and their causes. As the result of his experience, Jamil has developed a path forward for his fellow Gen Xers to restore his generation's financial standing in society today and to rebuild the American Dream for Generation X.

Investing in Lloyd Ross this Generation's Robert Kiyosaki. In this episode, we have Lloyd Ross who has created multiple streams of income to become a Millionaire by 37 years old. We get to talking about how he helps people diversify their income and level up their money game through his book Money Gross on Trees, his courses and his brand new Chart-topping Podcast! Lloyd shares some tips on starting a side hustle and what's coming up next for them. Make sure you check out his brand new podcast where he shares his secrets on building your WEALTH in the links down below and share with a friend if you enjoyed the episode. Always Remember to Invest In Yourself Phil Better ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ His podcast: https://open.spotify.com/show/6pfOdzx9NCkDB287546c3rHis Website: https://lloydjross.com/His Facebook Page: https://www.facebook.com/lloyd.ross.7His LinkedIn:https://www.linkedin.com/in/lloyd-james-ross-26b7859/His Instagram: https://www.instagram.com/lloydjamesrossHis Twitter: https://www.twitter.com/lloydjamesross ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ A former lawyer, Lloyd has 3 university degrees in biomedical science, business and law. He was admitted to the Supreme Court of Queensland as a lawyer in 2008. He is also a candidate for the Level 3 CFA Charter exam. Lloyd has built a million-dollar share portfolio from scratch in his spare time, and is the author of the newest book on personal finance “Money Grows on Trees.” He was also the INBA natural bodybuilding comp winner in 2016, and just completed his first 100km ultra-marathon. He and his wife, Alisha are the founders of “The Side Hustle Secret” have built a large online network marketing business from scratch (which does $5 million in sales annually) having helped over 65 people create 5 & 6 figure online side hustles following their unique online system. They are now on a mission to help 1,000 more people diversify their income and level up their money game! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Invest In Yourself: the Digital Entrepreneur Podcast is the podcast for Business Owners, Entrepreneurs, Solopreneurs, Freelancers, and CEO's that want to have the chance to listen to leaders in their respected industries sharing their story as well as lessons they learned along the way and how you can use it in your life or business. Your host, Phil Better, has guests from different parts of the internet that have either created a fully functioning digital business or are just starting out on their digital entrepreneur journey and have conversations with them to learn how they did it, or some lessons they learned to help them become successful! Join him in his journey to learn from some of the individuals who created the life he always wanted to have from his youth, on this amazing Podcast! The Website: www.investinyourselfpod.comThe Facebook Page: https://www.facebook.com/InvestinyourselfpodThe Facebook Group: https://www.facebook.com/groups/392876241780702The Instagram: https://www.instagram.com/investinyourselfpod/The Twitter: https://twitter.com/InvestinPod ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~   This podcast contains affiliate links. If you use these links to buy something we may earn a commission. Thanks. For the best VPN protection go with NordVPN: https://go.nordvpn.net/SH32M

Investing in Lloyd Ross this Generation's Robert Kiyosaki. In this episode, we have Lloyd Ross who has created multiple streams of income to become a Millionaire by 37 years old. We get to talking about how he helps people diversify their income and level up their money game through his book Money Gross on Trees, his courses and his brand new Chart-topping Podcast! Lloyd shares some tips on starting a side hustle and what's coming up next for them. Make sure you check out his brand new podcast where he shares his secrets on building your WEALTH in the links down below and share with a friend if you enjoyed the episode. Always Remember to Invest In Yourself Phil Better ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ His podcast: https://open.spotify.com/show/6pfOdzx9NCkDB287546c3rHis Website: https://lloydjross.com/His Facebook Page: https://www.facebook.com/lloyd.ross.7His LinkedIn:https://www.linkedin.com/in/lloyd-james-ross-26b7859/His Instagram: https://www.instagram.com/lloydjamesrossHis Twitter: https://www.twitter.com/lloydjamesross ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ A former lawyer, Lloyd has 3 university degrees in biomedical science, business and law. He was admitted to the Supreme Court of Queensland as a lawyer in 2008. He is also a candidate for the Level 3 CFA Charter exam. Lloyd has built a million-dollar share portfolio from scratch in his spare time, and is the author of the newest book on personal finance “Money Grows on Trees.” He was also the INBA natural bodybuilding comp winner in 2016, and just completed his first 100km ultra-marathon. He and his wife, Alisha are the founders of “The Side Hustle Secret” have built a large online network marketing business from scratch (which does $5 million in sales annually) having helped over 65 people create 5 & 6 figure online side hustles following their unique online system. They are now on a mission to help 1,000 more people diversify their income and level up their money game! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Invest In Yourself: the Digital Entrepreneur Podcast is the podcast for Business Owners, Entrepreneurs, Solopreneurs, Freelancers, and CEO's that want to have the chance to listen to leaders in their respected industries sharing their story as well as lessons they learned along the way and how you can use it in your life or business. Your host, Phil Better, has guests from different parts of the internet that have either created a fully functioning digital business or are just starting out on their digital entrepreneur journey and have conversations with them to learn how they did it, or some lessons they learned to help them become successful! Join him in his journey to learn from some of the individuals who created the life he always wanted to have from his youth, on this amazing Podcast! The Website: www.investinyourselfpod.comThe Facebook Page: https://www.facebook.com/InvestinyourselfpodThe Facebook Group: https://www.facebook.com/groups/392876241780702The Instagram: https://www.instagram.com/investinyourselfpod/The Twitter: https://twitter.com/InvestinPod ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~   This podcast contains affiliate links. If you use these links to buy something we may earn a commission. Thanks. For the best VPN protection go with NordVPN: https://go.nordvpn.net/SH32M

Investor Tips Tip #1: Don’t constantly check your portfolio. Tip #2: Ignore the media messengers. Tip #3: Be an investor, not a trader. Guest: Vitaliy Katsenelson is the CEO of Investment Management Associates, Inc in the USA, a firm he’s been with since 1997. Vitaliy was born and raised in Murmansk, Russia (north of the Arctic Circle) and immigrated to the US in 1991. He completed his undergraduate and graduate degrees at the University of Colorado. While completing his masters, he also studied for the CFA exams and received his CFA Charter in 2000. Vitaliy started teaching investing to undergraduates at the University of Colorado in 2001 until 2007. He has authored two books: Active Value Investing, The Little Book of Sideways Markets, and is currently working on his third – The Intellectual Investor. He has written articles for TheStreet.com, Christian Science Monitor, Businessweek, Kiplinger’s, Barron’s and many others. He also writes articles on his own website – the ContrarianEdge where he talks about a wide range of subjects. Vitaliy is married with three children. Contact: https://contrarianedge.com/ https://imausa.com/

Sign up to our newsletter for more in-depth insights | Follow us on LinkedIn Today we have the intriguing prospect of our youngest guest so far on the Money Maze Podcast, allied to one of the world's oldest academic institutions, Oxford University. Jack Edmondson, nominated in 2019 as Institutional Investor Magazine's 3rd most wanted Allocator in the world, is a CFA Charter holder, holds an MBA with distinction from the Saïd Business School at Oxford and a first-class degree in history from Durham University. He is an alumnus of both Mercury Asset Management and Mckinsey and is an Associate Fellow at the Said Business School and member of the faculty at the Blavatnik School of Government, both in Oxford. His day job is to help OUEM try to meet its goals as their deputy CIO. Jack describes his background and his work at both McKinsey and Mercury Asset Management and in private equity before moving to Oxford to join Sandra Robertson (CIO) to help build the Oxford University Endowment. Jack describes managing an endowment with its underlying permanent capital and multi-generational outlook, before explaining the investment target of producing a 5% real return per annum. He articulates their investment philosophy, which involves fundamental research, partnering with specific skill sets and talent, and making investments in both public and private equities. He discusses their current asset allocation, the challenge of finding exceptional managers, the active v passive debate and why he believes future returns will be lean, but also where opportunities may lie. Jack discusses thematic investing and the traps of excessive reliance on Macro forecasts to drive investment decisions, before explaining why Oxford as a location offers some distinct advantages over cities like London. He also explains that OUEM manages money for some long-term orientated pools of capital and also the relationship with the University. Finally, Jack reflects with straightforward honesty on investing mistakes he has made and life lessons learnt, as well as offering advice to those starting out in the business.

Very insighhful interview about the future of bitcoin with Mike McGlone - senior commodity strategist for Bloomberg Intelligence, a unique research platform that provides context on industries, companies, and government policy, available on the Bloomberg Professional service at BI(GO). Mr. Mike specializes in the broad investible commodity markets. He joined Bloomberg in 2016 with over 25 years of futures and commodity trading and investing experience, beginning at the Chicago Board of Trade. Prior to joining Bloomberg, he was a head of US research at ETF Securities. Prior to ETF Securities, Mr. McGlone headed the commodity business at S&P Indices. His previous roles included head of futures research at ABN Amro and VP research, analyst, trader, sales at Aubrey G. Lanston / IBJ Futures. Mr. McGlone has an MBA from DePaul University in Chicago and bachelor’s of science and arts degrees from Illinois State University. He is a CFA Charter holder and has earned a Financial Risk Manager (FRM) designation.

Alex with Heather who shares her fascinating journey and discusses why she has chosen to be employed in a role that offers her flexibility and the time to undertake the hobbies she loves. This is a great opportunity to hear from someone who experienced being employed and working for herself before making a conscious choice to be employed. It's always vital to find out what makes you happy, what is the real you and how to achieve this in life.   KEY TAKEAWAYS Self-employment is not all glamour and I was on call to my customers all the time Being employed gives me the stability I want. I get paid well and have all the flexibility that I expected but didn't get when I was self-employed. The period when I was self-employed was the period where I was least happy. My happiness comes from being able to express myself in my own way. I have a job that allows me to pursue the hobbies I want to and I enjoy the diversity of the life I have. Time freedom is an important aspect to consider in your life. Having a job provides you with work experience and stability, both important elements to have in your life. Being employed doesn't preclude exploring working for yourself and employment works for me and offers the flexibility I want The stock markets are a good place to put money over longer periods of time Never suffer in silence talking to others is the key to changing things.   BEST MOMENTS ‘I depend on my siblings for emotional support' ‘I worked hard at school so that at some point further on I won't have to work so hard' ‘Life is about people and staying connected to them through positive interactions'   VALUABLE RESOURCES Business, Wealth and Mindset podcast series    The Money Spot Podcast    ABOUT THE GUEST Heather Katsonga-Woodward Having spent 7 years in investment banking at Goldman Sachs (Corporate Finance) and HSBC (Corporate Derivatives Structuring) and a further 6 years pursuing her own business interests, Heather is currently a civil servant. She describes it as the best job she's ever had. Heather is an investor in property, the stock market and as a hobby enjoys creating personal finance digital learning resources that can be found at katsonga.com and on the podcast, The Money Spot™️. Her courses on Udemy (on property and business) had attracted over 10,000 students as at 2020. Heather graduated with First Class Honours in Economics from the University of Cambridge. She has the CFA Charter, the ACCA accounting qualification and the Certificate in Mortgage Advice and Practice (CeMAP). She lives in Birmingham (UK) with her husband and two children.   ABOUT THE HOST Alex is a prize-winning chartered accountant with experience in financial markets from trading finance, capital hedging, structural foreign exchange and interest rates to operational risk from the world's top financial and advisory institutions including Deloitte, RBS and JPMorgan Chase Alex has been involved in property development programmes across different types since 2008, building and managing a portfolio that includes standard buy-to-lets, student accommodation and other houses in multiple occupancy (HMOs). He specialises in raising finance, providing potential investors, investors and joint venture partners with ad hoc (to their specific requirements), hands-free and hassle-free property investments solutions as well as coaching and mentoring Alex aspires to share business and financial knowledge with upcoming entrepreneurs and experienced business minds to learn and master the concepts and mindsets required to succeed, stand-out, have the edge and make a difference. Alex is also a keen traveller, cyclist and photographer.   CONTACT METHOD Facebook https://www.facebook.com/alexsapalaofficial/ Twitter - @alex_sapala https://twitter.com/alex_sapala You Tube https://www.youtube.com/channel/UCgZ1DCPGAu5c2yhOkfGZRSQ                   See omnystudio.com/listener for privacy information.

MQ Guo Bio: MQ has 15 years of investment experience in real estate. He graduated from the Stern School of Business, New York University and is a CFA Charter holder. MQ is the founder of Zeegar, a multi-national real estate company that invests mainly in multi-unit apartment buildings in Chicago. MQ specializes in working with foreign, including Canadian investors to earn high yet secure rental returns in the U.S. Key Insights: - MQ's current focus with his real estate company, Zeegar - Transitioning from single family to multifamily real estate investing - Insights into investing in the Chicago and what makes it a strong real estate market - MQ's specific criteria for property acquisitions - Strategy for sourcing great deals - Structuring a joint venture - MQ's Educational Course – Ultimate Passive Income Formula – Designed for the average investor. Purpose is to provide them with the knowledge of the importance of passive income and provide a road map and different approaches to achieve that passive income through multifamily real estate. Book Recommendation: Rich Dad Poor Dad – By Robert Kiyosaki Contact Information: Website: www.zeegar.com Facebook: Zeegar Properties LinkedIn: Zeegar Properties Cell Phone: 917-680-2411 Email: mq@zeegar.com Educational Course: Reach out to MQ about his Ultimate Passive Income Formula Courseand tell him you heard about the course on this podcast and he will give you a discount on the course.

With a growing number of industry professionals pursuing the CFA® Charter, the jobs market of the future will be increasingly competitive, as employers pick and choose from a deeper pool of highly qualified applicants. With this in mind, APAC CareerCast spoke with Rob Ramos, CFA who is Senior VP, Trust Officer, and CIO at East West Bank in Manilla to find out what makes a candidate stand out from the crowd in the Philippines, one of Asia’s fastest-expanding financial markets. Rob discusses how he identifies the strongest aspirants by focusing on a person’s willingness to learn, grow, and improve but also the interview mistakes that can derail any candidate.

The Jelly Donut Podcast #7 with Kevin Muir was recorded on November 1, 2019. Kevin Muir heads research of global and domestic investment products at East West Investment Management. Kevin is the former Head of Equity Derivatives at RBC Dominion Securities and was awarded the CFA Charter in 2001. He is also the author of The Macro Tourist newsletter. https://www.themacrotourist.com/ http://eastwestfunds.com/ https://twitter.com/kevinmuir --- Support this podcast: https://anchor.fm/jellydonutpodcast/support

Douglas Tengdin, CFA, is the chief investment officer (CIO) of Charter Trust Company, where he has worked since 2000. He graduated magna cum laude from Dartmouth College in 1982, and received his CFA Charter in 1992. He was the founding president of CFA Society Vermont and remains an active volunteer with the CFA Institute. His first job in the investment industry was as a mail boy and securities runner in 1974. He has also worked as a bond trader, currency trader, mutual fund portfolio manager, bank treasury analyst and manager, and private wealth portfolio manager before becoming a CIO. He began to produce a monthly market commentary in 1993, and started blogging in 2007. His daily blog is called the Global Market Update and he produces a one-minute podcast and radio spot that accompanies it. He has been married for 35 years, has six children whom he and his wife have homeschooled, and is active in church and outdoor activities. He currently lives in Hanover, New Hampshire, with his wife, their youngest son (about to enter college), and his mother-in-law.   “The government can take anything away. They’re not predictable. You may think you have a way of predict them but they’re not.” Douglas Tengdin   Support our sponsor   Today’s episode is sponsored by the Women Building Wealth membership group, the complete proven step-by-step course to guide women from novice to competent investor. To learn more, visit: WomenBuildingWealth.net.     Worst investment ever Douglas says his story was not as much a terrible investment as it was memorable. It was 1988 and he was in his late 20s and a bond trader for a mid-sized US bank. He sat on a desk with other bond traders, and bought and sold United States Treasury securities during trading day hoping to speculate on price movements, which are relatively random on any particular day. He had built a lot of financial models, without all the great software we have today, just Lotus 123 spreadsheets, but he had created a lot of them, and they have macros built into them and macros that built other macros, and they were continually processing the price activity, looking for clues. Built models used to help his bank trade in treasuries He had had considerable success with these models and had been hired to help manage the bank’s Treasury department. He was then invited to do the same thing for the traders and so he started doing that and making predictions. Then his leaders suggested he put a “paper portfolio” together to see what he could do, so he used his models and put the paper portfolio to work, with some success. Bank puts him trading real funds and he makes early wins Then they put him to work trading live funds (real money). He was invested in two- and five-year treasuries. He would buy and sell those securities, going short or going long, but he would always be ahead by trading day’s end. Suddenly, Greenspan’s Fed raises discount rate He remembers the day well. It was August 1988. The market had recovered from the 1987 crash, and the economy was moving along. There was speculation about the future of oil prices, which had crashed in 1986 and they were starting to climb out. There were of course doing okay. But there were always “squiggles and giggles”, always turnarounds. So he had purchased the four-year Treasury bond, had watched the price move up and it was close to his return target, when the Dow Jones newsprint machine sounded three “dings”, which meant there was a news item. Immediately following that alert, the machine dinged twice, which meant the US Fed has raised its discount rate. Modest profit in four-year Treasuries turns to big loss Alan Greenspan was new to the Fed, and at the time the central bank was engaged in a policy of “creative obfuscation”. So he had been chairman for a year looking at the economic landscape and instead of adjusting monetary policy through the Fed funds rate, or through the money supply, which was what they were doing at the time, they occasionally changed the discount rate. That was a surprise. And his modest profit in the four-year Treasury turned into a more than modest loss. He recalls seeing that happen and thinking: “How can they do this? Don’t they know that I’ve got a financial model that’s working and it’s working really well.” Besides that, it was the first part of the month and he yet to have his monthly profit and loss statement made. “And my modest profit in the four-year Treasury turned into a more than modest loss. And I remember seeing that happen and thinking, ‘How can they do this? Don’t they know that I’ve got a financial model that’s working and it’s working really well.” Douglas Tengdin   Trader has severe instant emotional response Mind racing, brick in the stomach, wind sucked out of his lungs, numbness in his limbs. All the issues at hand flashed through his mind. The thought of being in the hole despite his risk-controlled position in four-year Treasuries to the tune of US$4 million made him feel like a brick had fallen to the pit of his stomach, the wind was sucked out of his lungs, and he felt number in his limbs. All this and it could have been worse. He had not lost someone’s retirement savings, he hadn’t risked his institution’s capital, it was not a massive loss. But it was a very memorable moment. Despite all planning, the news, especially government action, can destroy you What was striking to Douglas was that despite all kinds of planning, all kinds of models, all kinds of fancy algorithms to understand what was happening, the news can and did hijack him and it can happen immediately. This applies particularly to the government, which has unquestionably a massive responsibility regarding monetary policy, financial policy and fiscal policy. They play a huge role with every modern economy. The government can change what it is doing and announce a change, and that announcement can have massive and instant effects on your financial position. Position closed but colleagues cheered him saying ‘it’s early in the month, you can make it back’ Douglas closed the position right away and watched it. If he had the insight and experience to reverse it, he would probably ended up positive on the day. But someone told him once that “your first loss is your best loss”. He simply looked at the market to try and understand what the next dynamics were. The next dynamics were going to be price down, which followed through that day. The next day, he took a short position and started earning his way out of the hole that he had made. Some of his friends in the market said: “At least it’s early in the month, Doug, and you’ll have a chance to make it back for your monthly book. And they were right.” “Someone told me once that your first loss is your best loss.” Douglas Tengdin   Some lessons The government can take anything away It is not predictable and you may think you have a way to predict it, but you can’t. Size matters Douglas’ position size was manageable, and he hadn’t taken an outsized position and for that reason he was able to earn it back. We don’t know the future We invest based on forecasts, but we have to be humble about those forecasts and remind ourselves continually that we don’t know the future. If you think this will never happen again, get out of investing As the disclaimers say: “All investment carries risk.” As Douglas said: earlier, we simply don't know the future, there's all kinds of things that can happen.   Andrew’s takeaways That’s the way investing goes One thing an investor can say ask themselves is “how can I structure my next investments so I will not be exposed and this will never happen again”. The answer to that is such a structure would cost so much in costs or possibility of return that it would never make sense. So sometimes, you just have to be prepared for these types of losses. Sizing your position is protection again major loss Douglas was protected against devastating loss and could even recover his losses by the end of the month because he had sized his position modestly and carefully. On top of damaging notices, governments can also lie or mislead Be very careful if an investment case you’re making is reliant upon the government Case in point: During the Asian financial crisis in 1997, the epicenter of which was in Thailand, the government was announcing its foreign exchange positions, and people in finance thought it had US$40 billion. But it was not disclosing the forward transactions that actually, once unwound meant that in one day in March that 40 billion fell to seven. And then it was only a couple more months in the end of June, beginning of July, it said, okay, there’s no more money.   Actionable advice Douglas has a phrase on his wall that he created: “Diversification is the compliment that humility pays to uncertainty.” He says people have to humble in this business, because if you’re not, the markets are going to humble you, so you have to diversify because the future is uncertain. The future is indeterminate and that’s the case because the news is indeterminate. The answer to uncertainty is diversification Time diversification - in terms of spending, you have different maturities, you have different aspects of the bond market you might be involved with, there's Position diversification by sizing is incredibly important Mental diversification using different approaches to the marketplace to assemble a portfolio.   No. 1 goal for next the 12 months To continue to in the marketplace to prepare ourselves for the next downturn The time to prepare your portfolio for a downturn is before the downturn happens, so while there are trade echoes of difficulty, the time to prepare your portfolio is now when things are still looking alright.   Parting words We can’t control the future. We can only control what we’re doing now (to be ready for an uncertain future).     You can also check out Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr. Deming’s 14 Points Connect with Douglas Tengdin LinkedIn Twitter Twitter (Global Market Update) Website Blog Connect with Andrew Stotz Astotz.com LinkedIn Facebook Instagram Twitter YouTube My Worst Investment Ever Podcast Further reading mentioned Peter Bernstein (1998) Against the Gods: The Remarkable Story of Risk  

In this episode of Wine and Dime, I chat with Sahil Vakil. Sahil is the President and Founder of Myra Wealth. Sahil shares his insights on the financial services of today and vision of the future. He also shares with us one of his favorite wines and some of the foods he like to pair with them. It was a truly wonderful conversation and I hope you enjoy it as much as I did! Wine and Dime Episode 22 - "Don't Let Money Put You to Work" with Sahil Vakil Amy Irvine Download Sahil Vakil, CFP®, CFA HTTPS://MYRAWEALTH.COM/ HELLO@MYRAWEALTH.COM FACEBOOK -  @MYRAWEALTH (https://www.facebook.com/MyraWealth/#) Sahil Vakil is the President & Founder of MYRA Wealth; an independent, fee-only financial planning firm located in the NY Metro Area. Prior to founding MYRA Wealth, Sahil served as a Management Consultant to the Financial Services / Investment Management industry, advising C-Suite Executives at Fortune 500 firms on Business Strategy, Investment Management, and Financial Performance Improvement. Sahil has an MBA from The Wharton School, is a CFA Charter holder, a CPA candidate, a CFP certificate holder, has an MS in Electrical (& Aerospace) Engineering from the University of Southern California, and a BS in Electrical (& Computer Science) Engineering from the University of Mumbai. At MYRA Wealth, we recognize that financial planning is a dynamic process. Our client’s financial goals may evolve over the years due to shifts in their lifestyle or circumstances such as an inheritance, career change, marriage, house purchase or a growing family. As they begin to consider how best to manage their financial future, our client’s feel confident knowing that with a MYRA Wealth professional, they’re working with someone committed to providing the highest standard of financial planning. The Wine SULA BRUT SPARKLING WINE A complex blend of Chenin Blanc, Chardonnay, Viognier, Pinot Noir, Riesling and Shiraz. This is one of the few “Méthode Champenoise” wines in the world to be crafted from six different grapes, resulting in something remarkable. This exceptionally smooth, buttery & complex wine can be paired with fried or creamy dishes as well as lighter Asian cuisine such as dim sum and steamed food. Serve well chilled. This Episode of Wine and Dime was brought to you by: AMY IRVINE IRVINE WEALTH PLANNING STRATEGIES, LLC 10 EAST MARKET STREET CORNING NY 14830 WWW.IRVINEADVISE.COM EMAIL:  AMY@IRVINEADVISE.COM

Rasaq Ahmed is the co-founder and CEO of CowryWise, an automated savings platform.   CowryWise aims to make savings worthwhile for everyone by making it simple to do and highly rewarding.   Rasaq has one of the most interesting stories in the Nigerian ecosystem. His family narrowly escaped death while they were living in the northern part of Nigeria.   They relocated to the south and that gave him the opportunity to attend the university - something he probably wouldn't have done if he had stayed in the north because he was learning to repair generators.   Rasaq graduated with a first class degree in Economics from Obafemi Awolowo University, and is also a CFA Charter holder.   In this episode, you'll learn:   Why the definition of success should be relative and different. Success means different things to people. How do you define what success is to you? Getting caught in a tribal crisis as a 14 year old must be difficult. How did Rasaq deal with it? The best experience he had as a student in the university was outside the classroom. What did he mean by that? He was learning to repair generators while in secondary school. When he moved to the south, he decided to move to the university. What influenced him? “I felt very bad because I wasn't very used to rejection” What did Rasaq mean by this? Why is it hard for FinTech companies to fit into the current regulatory framework? What is the solution? Corporate governance  is important to the longevity of businesses. Why? Trust is CowryWise's biggest pain point. What does this mean for the business? What is your view about private universities and federal universities? Dotun and Razaq had a bit of discussion on the topic. Find out what they think in this episode And more Selected links from this episode