POPULARITY
2 episodes with genworth
4 episodes with genworth
4 episodes with genworth
2 episodes with genworth
3 episodes with genworth
3 episodes with genworth
2 episodes with genworth
2 episodes with genworth
2 episodes with genworth
Jerome Upton still remembers the silence that descends just before a game begins. As captain of his college team, he'd scan the huddle, gauge nerves, and ask, “What does winning look like today?” “That's where I learned the power of shared goals,” Upton tells us. Years later, the Genworth Financial CFO opens staff meetings similarly—then hands teammates room to execute.The first bold play of his career came soon after graduation. At a small insurer, Upton stunned mentors by jumping to KPMG. “I needed wider fields,” he explains. Eight years of audits sharpened his technical vision, yet the move that truly stretched him arrived when GE Capital—Genworth's predecessor—offered a divisional‑controller seat with global scope. Overnight his “team” expanded ten‑fold, teaching him to win through trust rather than touch‑every‑file oversight.International assignments followed: boardrooms in Europe, investor roadshows in Asia, client visits in Latin America. Hearing customers critique products in real time “made finance feel less like a ledger and more like a heartbeat,” he says. That perspective proved vital during Genworth's post‑crisis crossroads. Tasked with raising capital quickly, Upton orchestrated a minority IPO of a foreign subsidiary, executed at speed and premium valuation. The deal slashed leverage and revealed hidden asset value.Today his playbook balances share buybacks and debt reduction with growth bets such as CareScout. Multi‑year downside modeling safeguards the core, while his Gretzkyesque mantra—skate where the puck is going—keeps him focused on tomorrow's opportunity.
This podcast features Ron Joelson, former Executive Vice President and Chairman, Northwestern Mutual Investment Management Company, who also served as the firm's Chief Investment Officer. He's now on the Advisory Board for Socium Advisors, which is recognized as one of the top financial advisory firms in the country. Key points:Ron's experience includes working as a senior consultant with Northwestern Mutual field offices, teams and clients to share his extensive experience and insights into the General Account and its impact on product value, performance and in helping clients achieve financial security. He also served in leadership roles at Prudential Financial and Genworth. Ron shares some the advice he gives young leaders on the topic of mindful of behavior and behavioral patterns as they pursue their vision of success.“An Unexpected Journey into the Heart of God” is the name of the book Ron wrote about his journey of spiritual discovery. He says Christian faith is foundational to how he performed in his role as a leader at Fortune 100 and Fortune 500 companies. Ron participated in a program called Project Uplift, which brings together women of color to dialogue with leaders in the financial services space to enhance their acumen and visibility. He shares what that experience was like and type of advice he shared with the participants. One of Ron's hidden skills is his talent for magic, and he shares some of his tricks with Phil and Greg. Ron's book, an Unexpected Journey into the Heart of God, is available on Amazon. SeaCaptainCoaching.comInstagramhttps://www.instagram.com/seacaptaincoaching/Facebookhttps://www.facebook.com/seacaptaincoachingConnect with Philhttps://www.linkedin.com/in/philbender/Connect with Greghttps://www.linkedin.com/in/gjpatton/Connect with Ronhttps://www.linkedin.com/in/ronald-joelson-856a0923/Ron@Joelson.netNow Available!The Sea Captain Way for Financial Advisors
Use fact-finding and open communication to learn your clients' budget and coverage needs. We've got statistics, tips, and strategies for agents to help clients navigate today's financial environment. Read the text version Contact the Agent Survival Guide Podcast! Email us ASGPodcast@Ritterim.com or call 1-717-562-7211 and leave a voicemail. Resources: Does Your Medicare Sales Approach Satisfy Different Budgets? https://ritterim.com/blog/does-your-medicare-sales-approach-satisfy-different-budgets/ How to Check Medicare Extra Help Eligibility for Your Client: https://ritterim.com/blog/how-to-check-medicare-extra-help-eligibility-for-your-client/ How to Keep Clients Safe From Insurance Fraud: https://ritterim.com/blog/how-to-keep-clients-safe-from-insurance-fraud/ Knight School Training: Cross-Selling Long-Term Care Insurance: https://ritterim.com/knight-school/expand-dominate/cross-sell/7/ Knight School Training: D-SNP Eligibility: https://ritterim.com/knight-school/solid-foundation/understanding-special-needs-plans/3/ Knight School Training: Understand What's Important to Your Client: https://ritterim.com/knight-school/learning-to-sell/assessing-needs/7/ Ritter Fact Finder PDF: https://ritterim.com/documents/ritter-fact-finder.pdf Why Trust Is an Insurance Agent's Most Important Non-Renewable Resource: https://ritterim.com/blog/why-trust-is-an-insurance-agents-most-important-non-renewable-resource/ References: Lee, Anne Marie. “Americans Are Spending the Biggest Share of Their Income on Food in 3 Decades.” CBS News, CBS Interactive, 26 Feb. 2024, www.cbsnews.com/news/inflation-consumer-spending-food-and-restaurants-disposable-income-2024/. “Cost of Long Term Care by State: Cost of Care Report.” Genworth, Genworth Financial, Inc, https://www.genworth.com/aging-and-you/finances/cost-of-care. Accessed 1 Aug. 2024. “Federal Poverty Level (FPL) - Glossary.” HealthCare.Gov, https://www.healthcare.gov/glossary/federal-poverty-level-fpl/. Accessed 1 Aug. 2024. “Food Prices and Spending.” USDA ERS - Food Prices and Spending, USDA, 27 June 2024, www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/food-prices-and-spending/?topicId=2b168260-a717-4708-a264-cb354e815c67. Committee of the Future Health Care Workforce for Older Americans, et al. “Health Status and Health Care Service Utilization.” Retooling for an Aging America: Building the Health Care Workforce, National Academic Press (US), Washington D.C., 2008, https://www.ncbi.nlm.nih.gov/books/NBK215400/. Accessed 1 Aug. 2024. Jayashankar, Aparna, and Anthony Murphy. “High Inflation Disproportionately Hurts Low-Income Households.” Federal Reserve Bank of Dallas, Federal Reserve Bank of Dallas, 10 Jan. 2023, www.dallasfed.org/research/economics/2023/0110. “How Much Care Will You Need?” ACL Administration for Community Living, 18 Feb. 2020, https://www.acl.gov/ltc/basic-needs/how-much-care-will-you-need. Pollitz, Karen, et al. “KFF Survey of Consumer Experiences with Health Insurance.” KFF, KFF, 19 Dec. 2023, www.kff.org/private-insurance/poll-finding/kff-survey-of-consumer-experiences-with-health-insurance/. Alex Cottrill, Juliette Cubanski. “Income and Assets of Medicare Beneficiaries in 2023.” KFF, KFF, 9 Feb. 2024, www.kff.org/medicare/issue-brief/income-and-assets-of-medicare-beneficiaries-in-2023/. Klein, Michael. “Inflation and Prices.” Econofact, Econofact, 12 Feb. 2024, econofact.org/inflation-and-prices. Glasmeier, Amy K. “New Data Posted: 2023 Living Wage Calculator.” Living Wage Calculator, Massachusetts Institute of Technology, 1 Feb. 2023, https://livingwage.mit.edu/articles/103-new-data-posted-2023-living-wage-calculator. Taaka, Brian. “The Power of Reading the Room: A Vital Skill for Success in Life and Business.” LinkedIn, LinkedIn, 13 July 2023, https://www.linkedin.com/pulse/power-reading-room-vital-skill-success-life-business-brian-taaka. Klien, Michael. “U.S. Inflation Trends and Outlook in 2024.” Forbes, Forbes Magazine, 12 Feb. 2024, www.forbes.com/sites/forrester/2024/02/02/us-inflation-trends-and-outlook-in-2024/. Miglani, Jitender. “US Inflation Trends and Outlook, 2024.” Forrester, Forrester, 28 Jan. 2024, www.forrester.com/blogs/us-inflation-trends-and-outlook-2024/. Follow Us on Social! Ritter on Facebook, https://www.facebook.com/RitterIM Instagram, https://www.instagram.com/ritter.insurance.marketing/ LinkedIn, https://www.linkedin.com/company/ritter-insurance-marketing TikTok, https://www.tiktok.com/@ritterim X, https://twitter.com/RitterIM and Youtube, https://www.youtube.com/user/RitterInsurance Sarah on LinkedIn, https://www.linkedin.com/in/sjrueppel/ Instagram, https://www.instagram.com/thesarahjrueppel/ and Threads, https://www.threads.net/@thesarahjrueppel Tina on LinkedIn, https://www.linkedin.com/in/tina-lamoreux-6384b7199/
Markets are performing the job of the Fed; is the economy stronger? Rich & Jon look at the "Olive Garden economic indicator: Who's dining out, and who is staying in? How to unravel high restaurant prices 9and everything else, too!) Baby Boomers are still spending. Candid Coffee preview (egistration link below); Investor complacency is troubling. The Genworth settlement = 100% increase in premiums. Financial Dust Bunnies. Nvidia performance cannot continue indefinitely; the data the markets are ignoring. Social Security COLA adjustments to reverse; unrest is whoing up in election results; we are in the Fourth Turning; keep a global perspective. Both political parties are way off on tax policy; the truth about small business margins: They're razor-thin. Tariffs instead of taxes will not work; taxes generate more revenue than tariffs. Planning for higher taxes with Roth options. We don't have a tax revenue problem; we have a congresional spending problem. Why the Roth is never going away. What happens when current tax rates expsire; the Roth is NOT an emergency savings account. SEG-1: Gauging the Economy w the Olive Garden Indicator SEG-2: Investor Complacency & Date the Markets are Ignoring SEG-3: How Tax Policy Could Shrink the Economy SEG-4: Why the Roth is Here to Stay Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Financial Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's show video here: https://www.youtube.com/watch?v=s3o4Y6KSz1w&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1316s ------- Articles mentioned in this report: "Consumer Survey Shows Rising Bullishness" https://realinvestmentadvice.com/consumer-survey-shows-rising-bullishness/ "Inflation Print Keeps Fed On Track To Cut Rates" https://realinvestmentadvice.com/newsletter/ "Grant: Rates Are Going Much Higher. Is He Right?" https://realinvestmentadvice.com/grant-rates-are-going-much-higher-is-he-right/ ------- The latest installment of our new feature, Before the Bell, "Will the Fed Cut Rates Sooner?" is here: https://www.youtube.com/watch?v=Qj2P5gV5qZk&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Debunking Dollarization: Why the Dollar Is Stronger Than Ever" https://youtube.com/watch?v=i7k9Tvh-SzQ&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1138s -------- REGISTER for our next Candid Coffee (6/29/24): https://streamyard.com/watch/TX6irKYnjHnh ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #TaxPolicy #DonaldTrump #JoeBiden #MarketCycles #FedRateCuts #EconomicTrends #InvestmentStrategies #MarketPerformance #FinancialPlanning #MarketAnticipation #EconomicCycles #FinancialAdvice #FederalReserve #RateCutsImpact #MarketTiming #LongTermInvesting #EconomicForecast #FinancialMarkets #StockMarketBehavior #MarketAnalysis #FinancialPredictions #EconomicOutlook #MarketDownturn #InvestmentAdvice #FinancialCycles #Markets #Money #Investing
Markets are performing the job of the Fed; is the economy stronger? Rich & Jon look at the "Olive Garden economic indicator: Who's dining out, and who is staying in? How to unravel high restaurant prices 9and everything else, too!) Baby Boomers are still spending. Candid Coffee preview (egistration link below); Investor complacency is troubling. The Genworth settlement = 100% increase in premiums. Financial Dust Bunnies. Nvidia performance cannot continue indefinitely; the data the markets are ignoring. Social Security COLA adjustments to reverse; unrest is whoing up in election results; we are in the Fourth Turning; keep a global perspective. Both political parties are way off on tax policy; the truth about small business margins: They're razor-thin. Tariffs instead of taxes will not work; taxes generate more revenue than tariffs. Planning for higher taxes with Roth options. We don't have a tax revenue problem; we have a congresional spending problem. Why the Roth is never going away. What happens when current tax rates expsire; the Roth is NOT an emergency savings account. SEG-1: Gauging the Economy w the Olive Garden Indicator SEG-2: Investor Complacency & Date the Markets are Ignoring SEG-3: How Tax Policy Could Shrink the Economy SEG-4: Why the Roth is Here to Stay Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Financial Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's show video here: https://www.youtube.com/watch?v=s3o4Y6KSz1w&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1316s ------- Articles mentioned in this report: "Consumer Survey Shows Rising Bullishness" https://realinvestmentadvice.com/consumer-survey-shows-rising-bullishness/ "Inflation Print Keeps Fed On Track To Cut Rates" https://realinvestmentadvice.com/newsletter/ "Grant: Rates Are Going Much Higher. Is He Right?" https://realinvestmentadvice.com/grant-rates-are-going-much-higher-is-he-right/ ------- The latest installment of our new feature, Before the Bell, "Will the Fed Cut Rates Sooner?" is here: https://www.youtube.com/watch?v=Qj2P5gV5qZk&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Debunking Dollarization: Why the Dollar Is Stronger Than Ever" https://youtube.com/watch?v=i7k9Tvh-SzQ&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1138s -------- REGISTER for our next Candid Coffee (6/29/24): https://streamyard.com/watch/TX6irKYnjHnh ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #TaxPolicy #DonaldTrump #JoeBiden #MarketCycles #FedRateCuts #EconomicTrends #InvestmentStrategies #MarketPerformance #FinancialPlanning #MarketAnticipation #EconomicCycles #FinancialAdvice #FederalReserve #RateCutsImpact #MarketTiming #LongTermInvesting #EconomicForecast #FinancialMarkets #StockMarketBehavior #MarketAnalysis #FinancialPredictions #EconomicOutlook #MarketDownturn #InvestmentAdvice #FinancialCycles #Markets #Money #Investing
Tune in to the Billion Dollar Broker Podcast episode with Bridget Sakr to hear her inspiring journey: * Mortgage Industry Leadership: Explore Bridget's impactful 30-year career in the mortgage industry, from her early days at the Commonwealth Bank to Genworth, and the founding of Granite Home Loans. * Tragedy and Resilience: Bridget shares the details of the tragic loss of her daughter and nieces, and how this profound experience reshaped her life. * Heartfelt Community Initiative: Learn about "Heartfelt," the supportive charity Bridget created for those coping with grief. * Legacy of Service: Discover Bridget's venture into politics and the establishment of a commemorative café, showcasing her commitment to community service and her daughter's memory and those living with grief. You can donate at https://heartfelt.community/
Did you know that November is Long-Term Care Insurance Awareness Month? NABIP was the driving force behind the 2001 proclamation that established LTCI Awareness Month. LTCI is an area that grows more important every day, with over 10,000 individuals turning 65 daily and about 70 percent seniors requiring some form of long-term care. On this week's episode of the Healthcare Happy Hour, LTC Advisory Group members Lori Martin and Steve Cain sit down with Jamala Arland, senior vice president of LTC Inforce at Genworth. Genworth has the largest bloc of private LTCI business, covering over 1 million Americans. The trio discuss LTCI legislation (from Washington state's program to California's task force considering future legislation) as well as what listeners can do for their LTCI clients.
This week, host Colbert Cannon sits down with Emilia Wiener, Chief Investment Officer at TIAA, an asset management firm that specializes in retirement investing for educators. We talk about Emilia's time at The MONY Group, AllianceBernstein, Genworth, and AXA, before moving on to TIAA. Emilia also shares her perspective on the value of private credit, properly documented transactions and the ability to proactively reposition a portfolio.
Tune in to the Billion Dollar Broker Podcast episode with Bridget Sakr to hear her inspiring journey: Mortgage Industry Leadership: Explore Bridget's impactful 30-year career in the mortgage industry, from her early days at the Commonwealth Bank to Genworth, and the founding of Granite Home Loans. Tragedy and Resilience: Bridget shares the details of the tragic loss of her daughter and nieces, and how this profound experience reshaped her life. Heartfelt Community Initiative: Learn about “Heartfelt,” the supportive charity Bridget created for those coping with grief. Legacy of Service: Discover Bridget's venture into politics and the establishment of a commemorative café, showcasing her commitment to community service and her daughter's memory and those living with grief. You can donate at https://heartfelt.community/ Listen Now!
This week on the Proptech Podcast my guest is Shelley Horton, the executive manager of mortgage solutions at PropTrack, the property data arm of Realestate.com.au Shelley has a long track record in the property industry, starting her career as a property valuer holding various roles at Genworth, and then becoming a buyers agent and consultant to large corporates including Macquarie and CoreLogic. So she's experienced the property valuation and the risk analysis of the industry from nearly every angle. Now at REA, she's responsible for PropTrack expanding the valuation, risk and mortgage products being created from their data with a keen eye to the kinds of insights that property buyers and sellers want to know. And in this interview we discuss the importance of good quality data in helping consumers make confident decisions and how the property data industry is changing. --- Send in a voice message: https://podcasters.spotify.com/pod/show/theproptechpodcast/message
Insurance Business brings you a weekly news roundup from across the global insurance industry including: • Fitch reveals global insurance outlook • Genworth reveals massive hit from global MOVEit hack • Prioritizing technology gives carriers an edge – report • Extreme floods occurring more frequently than federal estimates – report • 86% of climate disaster losses in APAC uninsured – Aon These stories and more on the Insurance Business website. Liked this episode of IB Talk? Don't miss upcoming episodes, as well as a weekly news roundup from across the globe – just be sure to follow on Apple Podcasts or Spotify.
In Episode 142 of the Fintech Chatter podcast, Dexter Cousins chats to Bianca Bates, Chief Client Officer and Deputy CEO of Cuscal about their recent acquisition of Basiq. Bianca Bates is one of the most respected leaders in Fintech. Tune in as Bianca shares Cuscal's rich history of innovation from opening Australia's first ATM to building a digital bank from scratch.Dexter and Bianca discuss Cuscal's push into CDR with the acquisition of Basiq. And they also talk about Cuscal's continued support for the Fintech ecosystem.In the second part Bianca shares her leadership tips. They discuss the challenges of leading remote workforces, how to manage mental health and how to keep relevant in a rapidly changing environment. About BiancaBianca was appointed to the role of Chief Client Officer & Deputy CEO in December 2020. As well as leading Cuscal's Product, Client Services and Operations teams, Bianca is Craig Kennedy's delegate, and is involved in Cuscal's engagement with industry bodies, regulators and shareholders.Bianca has over 20 years' experience in financial services with large and complex US and Australian companies, both public and private. Prior to Cuscal she worked in senior legal and compliance company secretariat roles with Genworth, GE Capital and DLA Phillips Fox.About CuscalCuscal is Australia's leading provider of payment solutions, partnering with mutuals, banks (large and small), fintechs, and corporates who provide payment services to their customers. For over 50 years, Cuscal has championed competition in banking and payments in Australia. Today Cuscal is focused on enabling the future for clients, bringing to life the platforms and tools needed to compete and succeed in Australia's rapidly evolving digital economy.Follow us:Apple: https://apple.co/3D7NsPtSpotify: https://spoti.fi/3IzSViQSubscribe and like on Youtube: https://bit.ly/3tBlRmEConnect on Linkedin: https://bit.ly/3DsCJBpFollow on Twitter: https://twitter.com/DexterCousins
Welcome back to Powering Your Retirement Radio. I want to discuss Long Term Care or Extended Care. This is insurance and not an investment. Insurance, in the long run, is better to have and not need, than to need and not have. It is also better to buy it before there is a need because, at that point, it is either very expensive or not available. So why do you need Extended Care Insurance? You need it because of the unknowable circumstances around your future health, not just yours but, if you are married, your spouse as well. As counterintuitive as this sounds, Extended Care Insurance is not for someone who falls ill or needs care. It is for the surviving spouse. I hear all of the jokes and uncomfortable laughter around; they'll hold a pillow over my head… No, they won't. Extended Care isn't just for end-of-life situations. It covers you if there is a car accident, if you have a stroke or if some other issue where you need prolonged care during your recovery. No one wants to be a burden to their children, and even fewer people want to leave a healthy spouse without enough money to live on because the assets went toward their care. So what is there to do? There are a few options, including Traditional Long Term Care Insurance, which is not very popular, but still available. There is Hybrid Life Insurance that provides a Long Term Care Rider. And finally, there are Long Term Care Annuities. Here is a quick overview, which will hopefully give you enough information to determine what makes sense for you. As always, I am happy to chat if you have questions. Traditional Long-Term Care Insurance: This is what most people think of. It's a use-it-or-lose-it policy where you pay in for your lifetime, and if you never need it, there is nothing to be paid out. This is the insurance I personally own, only because I got it when I worked at Genworth, and it was inexpensive at the time. Given the cost of care, my premiums over my expected life span will equal roughly 6 months' worth of coverage in a nursing facility. Since the average stay is 3 years, I am comfortable with the fact that I have it, even if I don't need it. Hybrid Life Insurance with a Long-Term Care Rider: This is a life insurance policy with a death benefit that can be converted to pay for long-term care needs if needed. The good part is that if you need long-term care, you have a predetermined amount of coverage. If you don't need it, there is a death benefit for your heirs, so the money you paid in premiums is not a sunk cost you can't recover. If you collect on the death benefit, you don't lose your money, but the growth of the funds is more like investing in a CD rather than the market. The key is that you have protection since you have insurance and you aren't spending the assets meant to provide your retirement income. This can be purchased over your lifetime or a set number of years, usually 10 or 20 and you are subject to underwriting on these policies. Annuities with a Long-Term Care Rider: These are usually on a fixed or index annuity and are purchased with a lump sum with some kind of multiple, say 1, 2, or 3 times the amount deposited if you need long-term care. So you invest $100,000 in the fixed annuity, and it grows like any other fixed annuity, and like the hybrid policy above, if there is a need for long-term care, the multiplier kicks in, and your $100,000 now covers $200,000 or more of long-term care bills. There is some underwriting, but it generally has a better issue rate than the hybrid or traditional policies. The quick recap is that a traditional policy is less expensive than a hybrid policy, but with no way to recoup the expense if you don't need it. Hybrid is good for a person who is a planner but wants some protection. The caveat is that you also need to be insurable. The annuity will likely get you coverage in a situation when you can't get a hybrid policy, but you need to have a larger sum of money all at once. All three will help you protect your assets in the future, but you need to apply and go through the process. A final thought, the people most interested in long-term care are the ones who have seen a parent, spouse, or another relative need care and know what the costs are. If you want to see it for yourself, here is a link to the Genworth Cost of Care Website. Visit the Podcast Website for more information: https://poweringyourretirement.com/2023/03/10/long-term-care-basics/
BioWith only the funds from his tax return in 2016 Trivelle started The Drive Group and has since grown it into a multi million dollar company. His history of working in start up environments across varying industries helped him to develop the skill of identifying smart risks, and knowing when to step back and when to push forward. After several years working for large organizations such as Davis + Henderson, The Royal Bank of Canada, Genworth, Manulife, and as the Chief Operating Officer for Chelle Service Capital, Trivelle was inspired to start a company that focused on trends and analysis to help businesses achieve consistent cash flow. In the beginning, this kernel of an idea was fueled by his feeling that there must be a better way to do business. That core value is still true of The Drive Group today. The Drive Group has grown from a business consultancy company, to a venture capital and real estate development organization that prides itself on partnering with innovative people and companies. Connect with Trivelle Simpson!Website: www.thedrivegroup.caEmail: communications@thedrivegroup.caFacebook: facebook.com/thedrivegroupincInstagram: @thedrivegroupincLinkedIn: https://www.linkedin.com/company/thedrivegroupinc/Tik Tok: thedrivegroupinc
It was the type of CFO position that Gary Zyla probably would not have been able to find outside of Genworth Financial, a financial services company that he had first joined in 2004. Not that his resume didn't already have some solid CFO prerequisites, but the leadership challenge that Zyla was about to take on was less about capital management and more about establishing the business functions required to run a business day by day. “Genworth said, ‘Look, this is a very broad role—we're going to take a leap of faith with you,'” recalls Zyla, whose appointment as CFO of Genworth's newly formed California-based subsidiary came 7 years after he had first joined the company. Still, what happened next was arguably the most pivotal moment of Zyla's career, as in 2013—2 years after he had relocated to California to better fulfill his CFO duties—Genworth announced plans to sell his division to a private equity firm. “Once it was sold, I was the CFO of this 350-person privately held business,” continues Zyla, who subsequently began reporting to the company's private equity owner. “The new owners were very clear to me about what they wanted the business to be,” comments Zyla, who reports that the owners would ultimately earn four-and-a-half times their original investment before selling the business known as AssetMark to Huatai Securities Co. Ltd. in 2016. Besides the two private equity ownership transactions (2013, 2016), Zyla's CFO career has also spanned an IPO (2019) and six different acquisitions within the past 7 years—which is not bad at all for a finance leader who has yet to look outside his company for opportunities. - Jack Sweeney
IN THIS EPISODE, WE COVER: 01:33 Who is Chad? In his own words 02:38 Chad's tips for people starting out early in their career 09:47 The future of work and managing human capital 12:15 What are some ways to build an equitable workforce of the future 15:28 Chad's tips for how to approach the evolving work culture in the next 10 or so years 19:47 The role of technology in the future of work 27:40 Who are some people to follow for insights into the future of work 29:47 How to reach out to Chad MORE ON CHAD:Chad started his recruiting career nearly 20 years ago with a national search firm before transitioning in-house at Truist Bank. He joined Genworth in 2008 and has lead Talent Acquisition since 2019. In this role, Chad leads all Talent Acquisition efforts in the U.S. and India – focused on attracting talent that supports business strategy and growth while promoting a deeply engaged and diverse workforce. He earned an undergraduate degree from Hampden-Sydney College and a master's degree from the University of Alabama. Find Chad on Linked here: https://www.linkedin.com/in/chad-caples-5211171/MORE ON RAMPED:Check us out at www.rampedcareers.comInterested in becoming a Ramped Professional? Sign up here: https://www.rampedcareers.com/onboarding/signupInterested in becoming a Ramped Corporate Partner? Email us at sales@rampedcareers.com
So you've decided you or your loved one needs senior living - how much is it going to cost? A 2020 study by Genworth determined that the U.S. average for assisted living is $4,429 a month, though it could be less (or even more) depending on where you live! Budget is a huge factor in determining what's available to you. Unfortunately, there's also a huge misconception that Medicare will cover the cost. That is simply not the case.With that in mind, Senior Living Expert Lori Williams shares 10 ways to pay for senior living. Depending on how you've prepared over the years, there may be different options available that you never considered. Most people tap into social security, and if you have a pension plan, add that to your monthly income. Savings are another way to pay, and you can consider savings in your 401(k) or other retirement funds as well.Other means of payment: Do you own a house? Speak to a realtor - you may be able to sell without renovating your home. Are you a military veteran? VA benefits, like Aid & Attendance for war era veterans and spouses, can pay great rates. If you have Long term care insurance and qualify for care, it will cover Assisted Living & Memory Care. Family may also chip in to help, and there are life insurance policies to cash in, as well as bridge loans and reverse mortgages.Nothing brings you back to reality like discussions about budget. However, there are many options. It's also important to discuss finances with your loved ones, even if it's an uncomfortable conversation, just so you're prepared when the time comes.Topics discussed:-Senior living-Paying for senior living-Asset management-Long-term care-Medicare-Insurance policies-Selling your homeTakeaways from this episode:-Medicare does not cover senior living. However, Medicare does pay for doctor's visits, hospitalizations, rehab, hospice, and home health.-Speak to a realtor to get a market analysis and discuss potential earnings if you were to sell your house.-To prevent potential rejection, seek an elder law attorney's help when completing the veteran's benefits application.-Purchase a long-term care policy when you're younger. They can become cost-prohibitive if you wait until you're older with health issues.- It's important to discuss your loved ones' assets and preferences. That way, you can help respect their wishes if they need a new living arrangement.Resources mentioned in this episode:Listen to this episode before upgrading your house: https://www.loriwilliams-seniorservices.com/aging-in-style-podcast/episode/4dda6ff7/070-seniors-beware-why-knowledge-is-power-especially-when-selling-your-homeSenior Living 101:https://www.loriwilliams-seniorservices.com/aging-in-style-podcast/episode/2dd082bc/053-replay-senior-housing-1015 benefits to moving to senior living community:https://www.loriwilliams-seniorservices.com/post/5-benefits-of-moving-to-a-senior-living-communityTo suggest a topic, be a guest or to support the podcast, please email Lori@Loriwilliams-seniorservices.com For more...
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What sets apart your everyday real estate investor from an investing expert? While novice investors are focused on cash flow only, veteran landlords focus on something worth much, much more. Thankfully, even if you're just getting started on your investing journey, you don't have to go through the hard work that experts like Dave Meyer and J Scott went through. Instead, you can hear their time-tested advice today, and grab their new book Real Estate by the Numbers! J, a techie turned master flipper has written numerous books on estimating rehab costs, calculating real estate deals, and recession-proof investing. Dave, our VP of Data and Analytics and host of On the Market, has been head-down in housing market data for the past decade. These two real estate investing juggernauts combined their knowledge to write a book that lets every investor, no matter their skill level, find better deals, calculate profits smarter, and build wealth faster. In this episode, we talk about calculating cash flow, ROI, and other metrics that may, or may not, matter as much as you'd think. You'll hear how these two experts use much more than the numbers to define which deals are worth buying. After this episode, you may look at your portfolio differently, or even think about selling some of the properties you thought were “winners” before! In This Episode We Cover:The math behind the real estate deal and which metrics matter more than mostCalculating which properties work best for your portfolio Defining your “buy box” and using it to filter through deals so you can build wealth fasterWhy your property's ROI (return on investment) might be even better than you thinkHow to start thinking like an investing expert and the lump sum vs. cash flow debate Understanding the time value of money and how it'll make you richer quicker And So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastGet Your Ticket for BPCon 2022Listen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramRob's BiggerPockets ProfileRob's YoutubeRob's InstagramRob's TikTokRob's TwitterHere's Why You Should Consider Investing in Senior LivingShould You Invest In Senior Housing (And Is Now the Right Time)?Genworth's Cost of Care SurveyBiggerPockets CalculatorsBooks Mentioned in the Show:Real Estate by the Numbers by Dave Meyer & J Scott and Use Code “DAVE” or “JSCOTT” for 10% OffConnect with Dave & J:J's BiggerPockets ProfileJ's WebsiteDave's BiggerPockets ProfileDave's InstagramClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-673Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Assisted living investing isn't your typical type of rental property investing. When someone thinks “I want to get rich in real estate,” they're often not considering setting up a home for seniors, those in medical decline, or medical patients. Investors almost prematurely dismiss any idea of RAL homes (residential assisted living) if they have no medical background and no personal need to do it themselves. This can become a costly mistake, especially when the evidence adds up on why assisted living could be the most recession-proof real estate investment out there.Isabelle Guarino-Smith is one of the investors that decided to go down this path. Without any medical experience of her own, she led her family business to become a successful assisted living brand throughout the state of Arizona. When her grandmother needed care many states away, Isabelle's father realized that building not only a better facility, but a more profitable portfolio, was a smart move to make. And this risk has paid off significantly, as Isabelle now takes home a five-figure monthly cash flow from each of these properties.She knows that the “silver tsunami” is coming in quickly and that capitalizing on this niche now could mean even great profits in the future. But, this isn't all about the money for Isabelle and her team. She's seen how much better care seniors can get in smaller facilities and that this type of investment doesn't just pay itself back in profits, but in knowing that you're making a difference in the lives of those who need it most.In This Episode We Cover:How to transition from residential real estate investor to assisted living specialist The three types of senior housing facilities and the only one worth investing inThe “silver tsunami” that's on the way and how to capitalize on it before it's too lateFinancing options for assisted living investments and how to raise capitalRenovation tips, common costs, and how much you can expect to make on your first facilityAnd So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastGet Your Ticket for BPCon 2022Listen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDave's BiggerPockets ProfileDave's InstagramRob's BiggerPockets ProfileRob's YoutubeRob's InstagramRob's TikTokRob's TwitterHere's Why You Should Consider Investing in Senior LivingShould You Invest In Senior Housing (And Is Now the Right Time)?Genworth's Cost of Care SurveyBooks Mentioned in the Show:Rich Dad Poor Dad by Robert KiyosakiThe Pumpkin Plan by Mike MichalowiczThe 5am Club by Robin SharmaConnect with Isabelle:Isabelle's WebsiteClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-671Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What's going on in the industry? Grab your favorite drink and join us as we rank what's underrated and overrated in wealth management. · AdviceTech Live is happening again and for a good cause· Citigroup, Genworth face lawsuits over BlackRock TDFs in their 401(k)s· Altrusit add's Potomac tactical model strategies to its model marketplace· Schwab Advisor Services scuttles Orion's TD Ameritrade software deal· UBS backs out of Wealthfront deal, coughs up $69 million and will 'build' not buy We hope you enjoy and follow us on this journey! If you have any ideas, comments or suggestions please fire them our way. Make sure you subscribe to never miss an update.Listen on AcastSubscribe in Apple Podcasts Learn more about Potomac Fund Management: https://potomacfund.com/ Read our blog: https://blog.potomacfund.com/ Disclosure: http://bit.ly/2l3OvaL Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
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Episode Summary In this episode of Get Real Wealthy Season 2, Quentin talks about why Genworth and Canada Guaranty also need to offer multifamily mortgages like CMHC. In Canada, there are mortgage insurers, who allow people to borrow mortgages at a lower rate because they insure those mortgages. In the residential space, CMHC and private providers Genworth and Canada Guaranty provide these services for one-to-four unit properties. You can borrow funds up to 85% loan to value, 90% loan to value, 95% loan to value depending on your credit score. As for the multifamily space, there is only one lender – CMHC. He adds that they are a money-making machine when it comes to insurance, as defaults in this space are rare. Quentin says that Genworth and Canada Guaranty need to step into the multifamily mortgages as well. This might prompt CMHC to optimize and expedite their funding process as they would have competition. He adds “So, if you're a candidate guarantee and you're Genworth, I want to see you tell me why you're not in the multifamily space. Why would you give up millions of dollars?” In conclusion, he says that these companies are missing out on millions of dollars, and this is something they should seriously consider. Important Links and Resources • https://www.instagram.com/qmanrei (https://www.instagram.com/qmanrei ) • quentin@getrealwealthy.com • https://EducationREI.ca (https://EducationREI.ca) • https://GetRealWealthy.com (https://GetRealWealthy.com) • https://DurhamREI.ca (https://DurhamREI.ca)
This week Katrina Szadek, Enterprise Risk and Audit Leader at Genworth Mortgage Insurance, joins the show. Katrina is a continuous improvement enthusiast and organizational growth expert. On her episode, she shares the implications of unconscious bias in audit, how to help avoid risk in an organization when it comes to climate change, and why she thinks Internal Audit should not have to report to the CFO. Be sure to follow us on our new social media accounts on LinkedIn, Instagram, and TikTok. Also be sure to sign up for The Audit Podcast newsletter and to check out my favorite part of the interview on The Audit Podcast YouTube channel. * This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype. Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics. * This podcast is also brought to you by AuditBoard, the leading cloud-based platform transforming how enterprises manage risk. AuditBoard's integrated suite of easy-to-use audit, risk, and compliance solutions streamlines internal audit, SOX compliance, risk management, and security compliance. Automate processes and improve execution with AuditBoard's purpose-built solution, which is designed to address the most pressing challenges of today's practitioners. Experience the latest in Audit, Risk, and Compliance technology. Visit AuditBoard.com to schedule your product walkthrough to see AuditBoard's award-winning platform in action today.
While it's not the most exciting topic to discuss, long-term care is an important one given how common long-term care events are and their ability to impact a retirement plan due to their potential cost. In this episode, we start out by providing some background and overview of long-term care and some of the numbers around frequency and cost. Based on that, we explain why it's important to have a plan for how to protect against long-term care risks. We then wrap things up by talking about the different options for how to actually protect against this risk (which at a basic level is either buying insurance, self-insuring, or some combination of the two) and discuss some of the pros and cons of each option. Our goal is for you to come away with a good understanding of this planning area and which approach to protecting against long-term care risk is right for you based on the specifics of your unique situation. Resources & People Mentioned Download our guide: Retirement Timeline – Key Dates & Opportunities Download our guide: Retirement Checklist – A Guide to Planning for Retirement Genworth long-term care cost calculator Connect With Trent and Andrew https://mdwmllc.com Follow on LinkedIn Follow on Facebook Subscribe to The Physician's Guide To Financial Wellness on Apple Podcast, Spotify, and Google Podcast
Thomas J. MacInerney is president and CEO of Genworth Financial, a leading company in the long-term care and mortgage insurance industries. If you work in the long-term care space, you know Genworth and the role that they have played in the industry. On this week's episode of the Healthcare Happy Hour, Noel Evans and Lori Martin, members of NAHU's Long-Term Care Advisory Group, sit down with Tom MacInerney for an in-depth discussion on what drew Tom to Genworth and long-term care, new Genworth products, a recent cost of care survey, and more.
Thomas J. McInerney is president and CEO of Genworth Financial, a leading company in the long-term care and mortgage insurance industries. If you work in the long-term care space, you know Genworth and the role that they have played in the industry. On this week's episode of the Healthcare Happy Hour, Noel Evans and Lori Martin, members of NAHU's Long-Term Care Advisory Group, sit down with Tom McInerney for an in-depth discussion on what drew Tom to Genworth and long-term care, new Genworth products, a recent cost of care survey, and more.
Thomas J. McInerney is president and CEO of Genworth Financial, a leading company in the long-term care and mortgage insurance industries. If you work in the long-term care space, you know Genworth and the role that they have played in the industry. On this week's episode of the Healthcare Happy Hour, Noel Evans and Lori Martin, members of NAHU's Long-Term Care Advisory Group, sit down with Tom McInerney for an in-depth discussion on what drew Tom to Genworth and long-term care, new Genworth products, a recent cost of care survey, and more.
All For Business is back for our second season! We're excited to kick it off with another "Around The Table" mini-series with Leadership Lynchburg in honor of Black History Month. Leadership Lynchburg believes that creating opportunities for healthy conversation builds awareness, trust and ultimately relationship. Relationships can create productive action and relationships enable you to "go there" on difficult topics trusting that the benefit is greater awareness and mutual understanding. In short, relationship create community. We aim to inspire leaders and educate allies and potential allies so they can create tangible actions within their respective spheres of influence. So, it's February, Black History Month and we thought it would be great to feature some of our local friends who can speak to their work for the black community. We're uniting these podcasts under the theme of "Tell me what I need to know . . ." Our final two guests are Donise Farmer and Justin Mercer. Donise serves as the Diversity and Inclusion Specialist at Genworth and Justin is an RPO Recruiter at Aya Healthcare. --- Send in a voice message: https://podcasters.spotify.com/pod/show/all-for-business/message
Did you also know that the age of those requiring long-term care is actually decreasing? The stats shared in this newsletter are taken from Genworth.In 2010, 81% of care recipients were 65 or older. In 2018, 57% of care recipients were 65 or older. So, younger people are needing long-term care.Remember, that Medicare will only pay 100% of the cost at a skilled nursing facility for 20 days. Also noteworthy, 21% of people require long-term care after an accident.The need for knowledge about this subject is only going to increase. By 2030, one billion people worldwide will be over 65. And until 2030, ten thousand Baby Boomers will turn 65 each day. 70% of individuals will need long-term care in their life-time. On average, people that need long-term care will need it for three years.What do we do with this knowledge? Let's start with what has historically been done.Someone may learn the above information and say, "I want a long-term care policy." Here's how they generally work: the person may think to themselves, “Well, if I need help and I need the most help, I guess that would be about $8,821 per month. So, I'd like a policy that will pay that amount.” Then they may choose to have a 30-day elimination period. What this means is 30 days after you needed care, the policy will begin paying you. Sometimes they may add an inflation provision. It's common for people to experience sticker shock when they figure out how much their coverage will cost. If the person can could afford the coverage, I've generally found that they probably started it in their 40s or 50s. So, the insurance company knew they would be paying for it for many years before they actually used it.Each year the price may change for the policy, and if the insurance company that issued the policy found a lot of people in a certain state were needing the policy to payout, they may seek to increase the rates. I've talked with numerous people who saw their rates sore.If the person in the above example could not afford it or was unwilling to pay for the above scenario, they may lower the monthly amount the policy will pay and increase the elimination period to 60, 90, or even 180 days.But here's the kicker. It's like your home or auto insurance. If you never use it, you normally lose it and all the money you put into it is gone. Sometimes you can pay extra for a return of a premium provision that will return your money if you don't use the benefit. This may increase the cost and may make it less palatable.Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, safety, or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the insuring carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet particular needs of an individual's situation. Clients Excel is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Clients Excel. The use of logos and/or trademarks of podcast hosting sites are the property of their respective owners and are not an endorsement by those owners of our firm or our program.
"Even if you have that spark of curiosity, it will grow" - Joseph Kayode-Alli, Vice President & Senior Counsel As we plant seeds and take new roads towards our career goals, it's just as important to stay open and curious, especially with your passions. You may deviate from the "plan", but you can also explore and experience new spaces just because you want to. In this weeks episode, Joseph Kayode-Alli takes us through career changes and bends that have led him to uncover new opportunities. It can be easy to take your current lens and apply to your life, but its important to take them off once in a while to be completely open...and potentially see new routes of growth and success. About Speaker Joseph Kayode-Alli, currently serves as the Vice President and Senior Counsel for a leading financial services business. As a trained solicitor, Joe has worked at Mishcon de Reya and Genworth, with a focus on finance with his interest lying in maths. However, his career did not start in Law but rather in Medieval History and English. As a leader with varied interests, you can be sure Joe is keen on pursuing his passions. Connect with Joseph LinkedIn Some topics discussed The reality of the streets being paved with gold Your parents pass down what they have learnt Using your experiences as a lens for life Opening yourself up after overcoming pain You can be your environment, or you can be more Being in an environment of support and success Going after your passions and finding your people Being open to all opportunities by prioritising your passions Helping others understand what is in front of them Connect with Me Website Instagram LinkedIn Twitter Email: hello@mindsetshift.co.uk I am always keen to hear your thoughts and connect with the community of listeners. If you have any comments, feedback or thoughts, please drop me an email at hello@mindsetshift.co.uk.
"Even if you have that spark of curiosity, it will grow" - Joseph Kayode-Alli, Vice President & Senior Counsel As we plant seeds and take new roads towards our career goals, it's just as important to stay open and curious, especially with your passions. You may deviate from the "plan", but you can also explore and experience new spaces just because you want to. In this weeks episode, Joseph Kayode-Alli takes us through career changes and bends that have led him to uncover new opportunities. It can be easy to take your current lens and apply to your life, but its important to take them off once in a while to be completely open...and potentially see new routes of growth and success. About Speaker Joseph Kayode-Alli, currently serves as the Vice President and Senior Counsel for a leading financial services business. As a trained solicitor, Joe has worked at Mishcon de Reya and Genworth, with a focus on finance with his interest lying in maths. However, his career did not start in Law but rather in Medieval History and English. As a leader with varied interests, you can be sure Joe is keen on pursuing his passions. Connect with Joseph LinkedIn Some topics discussed The reality of the streets being “paved with gold” Your parents pass down what they have learnt Using your experiences as a lens for life Opening yourself up after overcoming pain You can be your environment, or you can be more Being in an environment of support and success Going after your passions and finding your people Being open to all opportunities by prioritising your passions Helping others understand what is in front of them Connect with Me Website Instagram LinkedIn Twitter Email: hello@mindsetshift.co.uk I am always keen to hear your thoughts and connect with the community of listeners. If you have any comments, feedback or thoughts, please drop me an email at hello@mindsetshift.co.uk.
"Even if you have that spark of curiosity, it will grow" - Joseph Kayode-Alli, Vice President & Senior CounselAs we plant seeds and take new roads towards our career goals, it's just as important to stay open and curious, especially with your passions. You may deviate from the "plan", but you can also explore and experience new spaces just because you want to.In this weeks episode, Joseph Kayode-Alli takes us through career changes and bends that have led him to uncover new opportunities. It can be easy to take your current lens and apply to your life, but its important to take them off once in a while to be completely open...and potentially see new routes of growth and success.About SpeakerJoseph Kayode-Alli, currently serves as the Vice President and Senior Counsel for a leading financial services business. As a trained solicitor, Joe has worked at Mishcon de Reya and Genworth, with a focus on finance with his interest lying in maths. However, his career did not start in Law but rather in Medieval History and English. As a leader with varied interests, you can be sure Joe is keen on pursuing his passions.Connect with JosephLinkedInSome topics discussedThe reality of the streets being “paved with gold”Your parents pass down what they have learntUsing your experiences as a lens for lifeOpening yourself up after overcoming painYou can be your environment, or you can be moreBeing in an environment of support and successGoing after your passions and finding your peopleBeing open to all opportunities by prioritising your passionsHelping others understand what is in front of themConnect with MeWebsiteInstagramLinkedInTwitterEmail: hello@mindsetshift.co.ukI am always keen to hear your thoughts and connect with the community of listeners. If you have any comments, feedback or thoughts, please drop me an email at hello@mindsetshift.co.uk.
Listen in to part 3 of our Leadership Lynchburg Around the Table Series to discuss the impacts of DEI in the workplace with a few professionals who apply it to their daily lives. This week we have Tina Garrett-Ragland, Tim Smith, and Trae Watkins joining us with host, Chal Nunn. Tina is a Senior Human Resource Executive at Pacific Life with 30 years of HR experience. Tina has also led DEI and human resources best practices with Genworth, Advance Auto Parts, and Nationwide Insurance. Tim is an Assistant Vice President and Branch Manager for Carter Bank & Trust with experience in community banking and human management. Tim formerly played college football at Liberty University and has worked with SunTrust, Wells Fargo, and Radio Shack. Trae is a Vice President and Community Development Officer at the Bank of the James. Trae works with low-to-moderate income areas including small businesses, housing, financial education and general community needs assessments that will enhance the economic development and quality of life in the communities we serve. --- Send in a voice message: https://podcasters.spotify.com/pod/show/all-for-business/message
A Genworth study estimates that retirees who need do long-term care, will need it for about two-and-a-half years … at a cost of about $100,000 a year!With the US Dept. of Health reporting that 70% of people turning 65 today will need some sort of Long-term care, what are your options to help make sure you aren't blindsided by sudden costs associated with your healthcare needs?
Before we get started we want to give you a quick update on the interview we had schedule for today's episode. Unfortunately, when we began the interview we started having some technical difficulties and due to the importance and nature of the interview we collectively decided it would be best to reschedule it. So in place of the interview, we are going to be discussing an issue that has or will affect every family at some point and that is the long-term care crisis in America. First, we will talk a little about what long-term care is and who is in need of it. Then, we will gravitate towards why long-term care is becoming a crisis and what you need to do to prepare for it. Maybe you're already experiencing some of these issues or you're looking towards the near future and are unsure what it may hold. Regardless of your current situation we hope that this episode will give you some ideas and suggestions for your long-term care situation. Let's move on to the rest of the show. As we age, many of us will end up needing long-term care, which is a type of care required if you are unable to perform daily activities on your own. According to Genworth, daily activities means things like eating, bathing, dressing, transferring, and using the bathroom. For many long-term care providers, the goal of long-term care is to allow the recipient, and as often as it is in our case our loved ones, to maintain their lifestyle. As caregivers for our loved ones, we are allowing them to maintain as much freedom as possible and to live out the remainder of their lives as they wish. Being the primary caregiver for our loved ones is usually the most cost-effective option, but it is not the only way long-term care can be provided. Long-term care facilities and professional home care providers are all options when it comes to long-term care for our loved ones. Often times, it comes down to what a family can afford. Medicare and Medicaid and traditional insurances don't usually cover the cost of long-term care (this is where long-term care insurance is typically used), leaving families to try and cover the costs on their own. Today, seven out of ten older adults will need some sort of long-term care support and 63 percent of family caregivers have to use their own retirement savings to help fund and pay for care. With the aging baby boomer generation, the long-term care crisis will soon reach an all-time high. The COVID-19 pandemic has already seen to it that hospitals and other care facilities reached their full-capacity. America does not currently have the medical infrastructure to support the influx of patients that the pandemic has brought, and it certainly doesn't have the infrastructure to support the 71.6 million baby boomers that will be needing care in the coming years. Long-term care helps with daily living activities, but it can also include community services such as meals, adult day care, and transportation services. These services may be provided free or for a fee. Preparing for long-term care ahead of time can not only give you peace of mind when the time comes that you need long-term care, but it also ensures that the financial burden will not fall on your loved ones. According to Market Watch, long-term care is extremely expensive, and for many Americans, it is simply unaffordable. Most seniors simply don't have the average $100,000 a year for a nursing home, $45,000 for assisted living, or $33,000 for in-home care. A report by the Long-Term Care Financing Collaborative found that the out-of-pocket costs of such assistance can be catastrophic, and few people have the necessary resources…to meet this need. Private insurance can cover some of the costs, but it won't cover everything. Market Watch states that the average premium today is $2,050 a year for a 55-year-old man and $2,700 for a woman of the same age — with premiums rising 25 percent to 100 percent annually. That is, if you can find a policy. Insurers are pulling out of the market in droves as lifespans and health care costs rise — and profit margins fall. Medicaid will cover the costs of skilled nursing care for lower-income seniors, but they don't help middle- or upper-class seniors and Medicare doesn't cover any of the costs. Families that leave the workforce to provide care for their loved ones forego approximately $300,000 ($324,000 for women and $284,000 for men) in retirement income. For many families, quitting their own jobs to provide full-time care is the only option. At All Home Care Matters, we fully support families as the primary caregiver, but we want you to be prepared to be a primary caregiver, instead of being thrust into the roll unexpectedly. The cost of long-term care isn't the only reason for the crisis. There's also a shortage of room in facilities and a shortage of staff and unfortunately, both of these shortages cause the price of long-term care to increase even more, creating a very costly cycle. Now that we know about the long-term care crisis in America and how costly long-term care can be for the care recipient and their family, let's take a look at who needs long-term care and what the specific long-term care options are. In GenWorth's 2018 Beyond Dollars report, they state how seven out of ten people will need long term care at some point, yet six out of ten people are convinced the need for care will never happen to them. In fact, 63 percent of care recipients and 61 percent of caregivers report that, prior to the moment care was needed, they had never considered that the need for long term care at some point was a very real possibility. Among those that had considered the need for care prior to the need revealing itself, less than 25 percent had made any plans to cover this type of situation because they didn't want to talk about it or admit that care was needed and many also assumed that they had more time. When we do think about a time that we will need long-term care, we often think of it as being when we are in the end-of-life stage, but that isn't always the case. Hank, a long-term care recipient, never thought he would need long-term care, especially at his age. On Father's Day, he had a stroke and was unconscious for 48 hours. He thought he was going to die. Luckily, his son found him in time and got him help. After his stroke, Hank's son stayed with him, helping him with his daily living activities, like bathing, until he got some of his strength back. His son was able to go back to school and continue classes because of a caregiver that was able to come into Hank's home and help him with daily tasks like laundry and preparing food. Before his stroke, Hank never thought about what if. He hadn't prepared for the expenses that came with long-term care or for the lack of income and the bills that added up while he was unable to work for several weeks. Hank says he can't change what happened in the past, but he can change what's happening now. Nobody knows when something similar is going to happen that is going to require you to get help and Hank wants to make sure his son and others prepare for that moment ahead of time. As we've seen with Hank, anyone can be in need of long-term care at any point in their life. Besides age, accidents, illnesses, strokes, and other chronic conditions can all lead you to need long-term care. Cognitive illnesses, such as Alzheimer's and dementia are one of the leading causes for long-term care, as well. According to GenWorth, 5.8 million Americans currently have Alzheimer's, and that number continues to grow steadily. In fact, by 2050, this number is projected to increase to almost 14 million. For more information on Alzheimer's and dementia, you can visit our official YouTube channel for our playlist dedicated to Alzheimer's and Dementia educational videos. Age, gender, family and housing situation, health, and lifestyle all factor into whether or not you will need long-term care. As you get older, it becomes more likely that you will need long term care. Gender goes hand in hand with age, as women have a greater likelihood of needing long-term care than men because of their likelihood to live longer than men. People who live alone and are without a support system in their area are more likely to need care from a paid caregiver. People living with family or having a support system in the area don't have a lower risk of needing long-term care, but they most likely will not need full-time care from a paid caregiver, as they have loved ones near that may be able to help provide care in some way. Having any chronic health conditions, like diabetes or high blood pressure, or a family history of chronic health conditions may also increase your risk of needing long-term care. Just like with most things in life, having a poor diet and lack of exercise can increase your risk of needing long-term care. Thinking about and preparing for the what if, as Hank said earlier, can make all the difference when the time actually comes that you need long-term care. Preparing funds ahead of time, whether it be starting a new account to save specifically for long-term care or other health costs or deciding on an amount of retirement money to use can help you and your family budget for a future that may include long-term care. Getting regular check-ups and leading a healthy lifestyle that includes eating healthy foods, staying hydrated, getting enough sleep, and getting an adequate amount of exercise can help you combat the need for long-term care, but it won't make certain that you won't need long-term care in the future. We never know what will happen, so it is best to be prepared. When planning for long-term care, having an idea of how you will pay for the associated costs is a good start. You will also need to determine if a family member will provide care for you in your own home, or possibly in theirs. If you choose to go with professional home care services, you will have to determine what sort of care you want to receive from them and they can help you in deciding what type of care may be best suited for your needs. There are a few different options you can choose from for long-term care and many of them will depend on what level of care you will be needing, which you most likely will not know until the time comes. There are three main types of care settings you need to know about when choosing what type of long-term care is best for you, in home care, community care, and facility care. The in-home care option means that a caregiver can help you with daily tasks such as personal care, hygiene, bathroom assistance, and memory care. They can also assist with any domestic needs that you may have as well like laundry, cleaning, cooking, transportation for shopping and appointments. One of the nice features of home care is that the care is customized specifically to the individual and not a one size fits all approach. People with cognitive illnesses can benefit from the home care option due to the close one-on-one interaction they will have with the caregiver and from being in their familiar environment at home. Adult day care is an example of community care. Adult day care provides a safe place for a care receiver to stay while their loved ones are working or away for a few days. It also allows seniors to socialize and participate in activities they find enjoyable. Many families choose this option when they are the primary caregiver and work at the same time or when they want to make sure that their loved one is getting the social interaction they need. However, most adult day cares have criteria that individuals must meet to make sure they are a good fit for their programs. Facility options include assisted living and nursing homes. Assisted livings are recommended for individuals that don't require twenty-four-hour care and are able to stay on their own for a period of time. Depending on the facility, it could be a few hours at a time, or it could be overnight. Most assisted living facilities also have someone on standby in case of emergencies. Nursing homes are a great option for patients that require full-time care and do not have the support system that is able to provide it at home or they need even more help than their family is able to provide. Often times people with cognitive illnesses will end up needing to live in some type of a facility during their long-term care. There are also specialized facilities for cognitive illnesses or specific memory units within a facility that take care of those patients. Patients in memory units quite often have more bad days than good by the time they end up living in a memory unit. The long-term care crisis in America is only just beginning. With the aging population rising and the cost of health care at an all-time high, we can expect the crisis to worsen. It's important to plan ahead now, so that when the time comes, and it may come sooner than you think, you will be prepared for it. We want to say thank you for joining us here at All Home Care Matters, All Home Care Matters is here for you and to help families as they navigate long-term care issues. Please visit us at allhomecarematters.com there is a private secure fillable form there where you can give us feedback, show ideas, or if you have questions. Every form is read and responded to. If you know someone is who could benefit from this episode and please make sure to share it with them. Remember, you can listen to the show on any of your favorite podcast streaming platforms and watch the show on our YouTube channel and make sure to hit that subscribe button, so you'll never miss an episode. Join us next time on All Home Care Matters where we will be discussing a topic that can be difficult for families and that is Parenting the Parent. Sources: https://www.marketwatch.com/story/americas-long-term-care-crisis-is-worsening-2019-07-22 https://www.genworth.com/aging-and-you/finances/what-is-long-term-care.html https://www.nia.nih.gov/health/what-long-term-care https://web.archive.org/web/20200428233813/https://www.pewresearch.org/fact-tank/2020/04/28/millennials-overtake-baby-boomers-as-americas-largest-generation/ https://pro.genworth.com/riiproweb/productinfo/pdf/282301.pdf
Tim Spicer is the Head of Automotive Business at Assetinsure Pty Ltd. Assetinsure delivers innovative specialist insurance solutions to the business community. The company has been delivering a variety of innovative solutions to the Australia and New Zealand market since 2004. Tim has more than 25 years of experience in actuarial science working primarily in general insurance and accident compensation sectors. Currently, Tim is moving towards a new direction in his career through his role at Assetinsure where he is focused on developing high-quality products and services for the automotive sector to help reduce monetary and regulatory uncertainty related to financing, ownership, and maintenance of motor vehicles. Previously, Tim worked at various actuarial leadership positions at organisations such as Eric Insurance, Genworth, Ernst & Young, Taylor Fry Consulting Actuaries, and more. In this exclusive episode, Tim shares all about the add-on insurance market that we may not see in the headlines that much, but it's certainly in many parts of our life. What is addon insurance? Types of add-on insurance in the market. How the add-on insurance market is running and the dynamics among the parties involved. What are the major business processes within the industry? The challenges, structure, and composition of various elements of the business processes. How the insurance policies and products are being packaged and sold. How the add-on insurance products are priced. The prevalence of the community-rated pricing system and why it needs to change. The changes that Tim and his company are looking to introduce to move into risk-rated pricing. Use of data analytics in risk-rated pricing. The technological infrastructure that is needed such as the API and the purchase of data from external sources. How this change into the risk-rated pricing can be revolutionary for the add-on insurance industry. If you are a senior manager coming from an IT background, you will really enjoy the focus and understanding that Tim shares about the product challenges people are facing within the industry. How the purchase and buying behaviours of the customers are super important for understanding how to sell a new or existing product. Also, how to take the ability to look at the bigger picture and the economics of different stakeholders into consideration. If you like this episode make sure to subscribe and share the episode with friends and colleagues. BusinessAnalytics, Insurance, InsuranceAnalytics, PricingAnalytics, CustomerExperience, DataScience --- Send in a voice message: https://anchor.fm/analyticsshow/message
The word "innovation" is thrown about in media releases by a multitude of businesses including banks. But just how much innovation have you really seen? Since Gateway Bank was founded in 1955 with just one employee and a briefcase, they've always been pushing themselves to do business in the right way by being innovative. Today, we've got Zeb Drummond and Arun Gupta from Gateway to clue us in on a range of innovations at Gateway and their accelerated commitment to their customer's pockets and the planet. Monthly LMI First up is the monthly Lenders Mortgage Insurance (LMI) launched in collaboration with Genworth that has turned the whole home purchasing experience on its head. Eco visa debit card Traditional debit/credit cards are made from PVC which is petroleum based. Gateway's Visa Eco Debit Card, on the other hand, is made from plants and kind to the planet. Green Home loan Package Gateway also developed two new green home loans with a competitive home loan rate to help you do your bit for the environment. Both loans are Premium package loans with an annual fee, all features of premium products including 100% offset functionality They're currently only available to 80% LVR for owner-occupied purposes and offer a variable interest rate. They do also have the ability to be used for construction purposes, as long as it meets the environmental criteria for each loan. “We want to do well from a planet perspective. The intention and the view here is a home loan rate with a discount to it as an incentive to help people on their way to be more environmentally-friendly and eco-conscious” – said Zeb
We chat with Jea Yu from MarketBeat the possibility of a stock market pullback in the coming weeks. He also shares some price targets of companies he is watching like Nautilus, Ebay, Genworth, and Endeavor. Watch the video on YouTube! https://youtu.be/StB3EZMuk6g 0:00 Intro with Disclaimer 1:01 Market Pullback 4:15 The One Good IPO 6:46 Re-Opening Narrative 8:52 Stocks Jea is Watching !!Disclosure!!: Jea says is long calls in GNW. Andrew is long some shares in NLS !!We produce videos and content to share the perspective of different investors. No video we produce is designed to be direct investing advice, and the investing opinions of our guests are their own. Invest at your own risk. Do your due diligence. Website: https://investorshub.advfn.com/ Market Vision Twitter: https://twitter.com/IHub_Vision Investors Hub Twitter: https://twitter.com/Investors_Hub Talk with me on the Market Vision forum: https://investorshub.advfn.com/Investors-Hub-Market-Vision-38574/ Investors Hub LinkedIn: https://www.linkedin.com/company/investorshub-com-inc- Investors Hub Facebook: https://www.facebook.com/InvestorsHub #stocks #investing #pullback --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
A new study from Generations United, Family Matters: Multigenerational Living Is on the Rise and Here to Stay, finds that the number of Americans living in a multigenerational household with three or more generations has nearly quadrupled over the past decade, with a dramatic increase of 271 percent from 2011 to 2021 (7 percent vs. 26 percent). Our report found that 66 percent of those living in a multigenerational household say the economic climate was a factor in their living arrangement. Among the top reported causes, 34 percent said the need for eldercare was a reason and 34% said childcare was a reason. In this episode—Larry Nisenson, senior vice president and chief commercial officer of Genworth's U.S. Life Insurance Division—joins Generations United's Executive Director Donna Butts to discuss his own role as a caregiver to his parents, ways employee caregivers can advocate for resources, and how employers can support employee caregivers. "The best we can do as the advocates for caregivers is try and tell that story and arm the emerging caregiver with all of the tools and help we can provide for them to make that burden as easy as we can." —Larry NisensonResources mentioned in the show:• Family Matters: Multigenerational Living Is on the Rise and Here to Stay• GenWorth sites for advocacy: GenWorth.com and CareScout.com Support the show (https://generationsunited.wufoo.com/forms/support-generations-united/)
A suspect goes on a rampage in Lakeside; Southwest Airlines adding nonstop flights to two major cities from Richmond International Airport soon; Genworth's merger with a Chinese company is off; The Brink's Company purchases a major ATM services provider; Henrico schools offering limited curbside meal pickup today; registration opens Monday for the school system's Summer Academy; the Virginia Department of Health adds assistance for deaf residents who use American Sign Language.(Today's Henrico News Minute is brought to you by Henrico County's COVID-19 Emergency Rental Assistance program.)Support the show (http://www.henricocitizen.com/contribute)
After the onset of the pandemic, one in three Americans identified themselves as a caregiver, which is up from the average 40 million people in years previous. With that in mind, Larry Nisenson, senior vice president and chief commercial growth officer of Genworth, is on mic with Rick to talk about how employers can support caregivers in the workforce with comprehensive benefits and flexible support.To listen and subscribe to more episodes, visit our website: fbmc.com/podcast.
Building an inclusive workforce has never been more critical to our future and the future of our organizations. As the year draws to a close, diversity, equity, and inclusion (DEI) remain top of mind for HR practitioners and executive leaders going into 2021.In this episode, we have the pleasure of speaking with Melvyn Smith Jr. Chief Diversity Officer with Genworth and Committee Chair for Richmond SHRM RADR – Richmond Area Diversity Roundtable. Melvyn is joining us to talk about Richmond SHRM RADR's 2020 initiatives, DEI career journey, and what's ahead for 2021.
Larry Nisenson, SVP and Chief Commercial Officer at Genworth Financial, joins Suzanne for this show to discuss Genworth's trailblazing help for family caregivers. Nobody plans to be a caregiver – you're suddenly thrust into this role when you least expect it, and Larry has been through it twice. In this segment, Larry talks about his caregiver stories. We share so many stories on our website about caregivers, and many resources. carescout.com houses caregiver service information, and elder-answers.com has more information.
Larry Nisenson, SVP and Chief Commercial Officer at Genworth Financial, joins Suzanne for this show to discuss Genworth's trailblazing help for family caregivers. Nobody plans to be a caregiver – you're suddenly thrust into this role when you least expect it, and Larry has been through it twice. In this segment, Larry introduces Genworth, which originated long-term care policies more than 40 years ago. These policies help provide a way for people to finance their own aging. It takes the financial burden away, but it doesn't take the emotional burden away for caregivers. Larry's father had a long-term care policy but was still struck by all the other challenges. When he joined Genworth, he looked for what more the company could do for caregivers to provide help, education, and awareness.
Larry Nisenson, SVP and Chief Commercial Officer at Genworth Financial, joins Suzanne for this show to discuss Genworth's trailblazing help for family caregivers. Nobody plans to be a caregiver – you're suddenly thrust into this role when you least expect it, and Larry has been through it twice. In this segment, Larry talks about how the challenges of the pandemic is affecting caregivers.
Larry Nisenson, SVP and Chief Commercial Officer at Genworth Financial, joins Suzanne for this show to discuss Genworth's trailblazing help for family caregivers. Nobody plans to be a caregiver – you're suddenly thrust into this role when you least expect it, and Larry has been through it twice. In this segment, Larry talks more about carescout.com, a recourse for caregivers.
The entertaining Genworth Financial team joins us from OPEX Week 2020 to tell us their enterprise's transformation story—or journey, more accurately. Kathleen starts off by explaining her view of the company 15 years ago: “It was a very siloed organization. It was very much command and control; very hierarchical. We were focused very much on our processes, like manufacturing, because we came from GE.” Sometimes, as Martijn is quick to interject, they were focusing on the wrong processes. Their new goal was to focus on the customer and increase associate empathy. The leadership team achieved this with some creative physical props that mimic certain hardships their clients experience. However, leading by fear negatively impacts the service a customer receives as well, so Genworth devised a new workforce strategy. “If you really truly believe that the customer is the most important person--because he or she pays your salary--then the front line employees are the most important people, and therefore, your team leaders are the most important leaders. Most people leave their leader. They don't leave the organization.” The team details how they achieved this monumental task.
Rick Darvis is recognized as one of the leading experts in the financial planning field. He has written several books, developed financial software, and trained financial professionals across the United States. His knowledge has enabled him to be invited to speak on the financial and business development topics to his contemporaries at state CPA and FPA conferences in over 40 states. He has been a featured speaker at the Financial Planner Association's Success Forum, the Northeast /Mid-Atlantic National Association of Personal Financial Advisors (NAPFA) regional conference, the National Employee Benefit Forum, the New York Society of CPAs Personal Financial Planning Conference, and the AICPA's Tax Strategies for the High Income Individual Conference. Rick has also given seminars for the University of Arizona and the New York Student Financial Aid Administrators. Rick's accomplishments in the financial-planning field are: Co-author of Paying for College: Tax Strategies and Financial Aid, a guide published by the American Institute of CPAs on college planning for accountants and financial advisors. Contributing author of Personal Financial Planning, a Practitioners Publishing Company (PPC) guidebook. Co-author of Planning for College Costs, a Practitioners Publishing Company (PPC) guidebook on college financial planning for accountants and financial advisors. Author of A Roadmap to College & Retirement – Without Going Broke, a book designed to link college planning to retirement planning. Provider of education programs and business development services for organizations, such as Microsoft, American Institute of CPAs, Oppenheimer, Western CPE, OneAmerica Insurance, State Farm Insurance, National Association of Personal Financial Advisors, Northwestern Mutual Insurance, Manulife, MFS, American Skandia, Franklin Templeton, Eastern Bank, US Bank, Wells Fargo Financial Advisors, Linsco Private Ledger, Securities America, Genworth, Lincoln Financial, UBS, Thrivent, Wachovia, Smith Barney, John Hancock Financial Network, Legg Mason, Edward Jones, Chase Bank, and Raymond James. Quoted in: Forbes, CNN-FN, Newsweek, U.S. News and World Report, Money, Business Week, Kiplinger's Personal Finance, NY Times, Smart Money, Wall Street Journal, Bloomberg's Personal Finance, Money, Bankrate, Nation's Business, Financial Advisor, Dow Jones Newswire, On Investing, Knight Ridder News, Mutual Fund Market News, Research Magazine, Practical Accountant, Offspring, LIMRA's Market Facts, NAPFA Advisor, and AICPA's Planner. Owned and operated businesses, such as, 6 CPA accounting firms, a national financial planning network with over 2,000 members, 3 restaurants, 3 insurance agencies, a business development contract with Microsoft, commercial rental properties, a farm/ranch operation, a recreation and fitness center, and retail sporting goods stores.
Today's daily brief includes Hans Vestberg taking over as Verizon CEO, the G7 wrapped up but not without major drama, and US authorities will allow a Chinese conglomerate to take over Genworth Financial. Plus, tech bros finally get what's coming to them for using first-name-only email addresses. --- Support this podcast: https://anchor.fm/watercoolesthq/support
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