Podcasts about Improved

Ben Criddle talks BYU sports every weekday from 2 to 6 pm.Today's Host: Ben Criddle (@criddlebenjamin) and Co-Hosts: Brett Hammer (@bhammertimeshow), Caleb Lyons (@Caleb_Lyons7), Zach Robinson (@zach_robinson17) Subscribe to the Cougar Sports with Ben Criddle podcast: Apple Podcasts: https://itunes.apple.com/us/podcast/cougar-sports-with-ben-criddle/id99676

Ever hauled fitness equipment onto a plane just so you wouldn't miss a workout on vacation? This episode dives into that story, and if it sounds a little too relatable, you're not alone. If you're a high-achieving woman over 40, chances are you've felt like a single missed session is the beginning of the end. If life's curveballs – travel, injuries, family stuff, midlife hormone chaos – have ever left you feeling like you're wrecking your progress in the gym, this one's for you. You'll learn why rigid all-or-nothing thinking backfires, what "customizing" your training actually looks like in practice, and why the math on taking time off is way more forgiving than your brain wants you to believe. What you'll learn in this episode: Why high achievers are especially prone to this training trap — and how it shows up without you even noticing What percentage of the year two weeks off actually represents (the number might surprise you) The mindset shift that turns "I failed" into "I customized" How to handle the truly unpredictable stuff – injuries, emergencies, poor sleep – without spiraling into rigid all-or-nothing thinking Why training is a practice and an art, not a pass/fail test with one right answer Enjoyed this episode and want more?  If this episode resonates and you're ready to stop guessing in the gym, take the Strength Gap Quiz: https://stephgaudreau.com/quiz  Get the performance meal prep guide at https://go.stephgaudreau.com/mealprepguide Please share it with a friend and subscribe to Fuel Your Strength so you don't miss future episodes like this one.

I think people often imagine exercise almost like depositing muscle directly into a bank account.I lifted today…therefore I built muscle today.I squatted today…therefore my bones are stronger today.I ran today…therefore I am fitter today.But that isn't really how adaptation works.Training creates a challenge.A demand.A reason for your body to change.Then, between workouts, your body responds to that challenge.And after enough properly dosed challenges…with enough recovery…repeated over enough time…the accumulated response becomes something you can finally see or measure.More strength.More muscle.Greater work capacity.Improved skill.Stronger connective tissue.Potential improvements in bone.The workout is not the finished product.The workout is the request.Resources:Brain.fm App(First month Free, then 20% off subscription)Discount Code: coachdamiensdLinks:IG:@coachdamien_sd@damienrayevans@livinthedream_podcast YouTube:https://www.youtube.com/channel/UCS6VuPgtVsdBpDj5oN3YQTgFB:https://www.facebook.com/coachdamienSD/

Resharing this episode as lately so many of you have been asking about my weight loss journey after I lost 30 pounds for my health. I share the key changes I made to my diet and routine to lose weight in a healthy way. The wellness world has thousands of conflicting messages on the best ways to eat food and exercise for weight loss, so I wanted to share the tips my nutritionist specifically gave me that have actually worked for me. 

Happy full moon, everybody!   Humans are the most social species on the planet.    So ... why don't we act like it? Why is loneliness rising? Why are we increasingly entombed in echo chambers? What is preventing us from connecting?  Enter Nick Epley, Professor of Behavioral Science at the University of Chicago Booth School of Business and one of the world's leading researchers on the psychology of social interaction. Nick grew up in rural Iowa, lives in Chicago with his family, and has spent his career asking a deceptively simple question: Why do the most social creatures on Earth often choose to be less social than they could be? Nick is the author of 'Mindwise: Why We Misunderstand What Others Think, Believe, Feel, and Want', and his newest book, 'A Little More Social: How Small Choices Create Unexpected Happiness, Health, and Connection'. His research spans social cognition, perspective-taking, loneliness, anthropomorphism, and why our judgments about people are so often inaccurate. Nick has been featured in The New York Times, The Wall Street Journal, and on NPR. His course at Booth, 'Designing a Good Life', is an ethics course exploring how to build lives that are ethical, successful, and genuinely fulfilling, and it's among the school's most sought-after classes. Pull up a chair and let's talk about the differences between introversion and extroversion, the ethics of a good life, parenting five children (yes, five!), how technology is affecting the ways we socialize, the uncertainty effect, finding wisdom, and of course… Nick Epley's 3 most formative books. Let's flip the page to chapter 164 now…

On this episode of The Sick Podcast, Brian Wilde joins Tony Marinaro to discuss which Montreal Canadiens players will surpass their point totals from last season, Lane Hutson's odds of winning the Norris trophy, a potential bias against him from a sector of the media, Arber Xhekaj's biggest hurdle to overcome and much more! Learn more about your ad choices. Visit megaphone.fm/adchoices

In the third hour, Laurence Holmes and Anthony Herron were joined by longtime ESPN personality Clinton Yates to discuss the latest MLB storylines. After that, Holmes and Herron discussed how White Sox outfielder Tristan Peters' season is emblematic of the year the White Sox are having.

New is NOT Always Better Have you ever heard the phrase, “New & Improved!”?Well, sometimes New is NOT Always Better. Do I have a story about that! Please Join me for Something New & Hopefully Entertaining.

Laurence Holmes and Anthony Herron were joined by longtime ESPN personality Clinton Yates to discuss the latest MLB storylines.

This week I wade into a global philosophical debate about whether advanced AI systems have consciousness. In other words, are they aware of their feelings and do they truly reflect on their own thoughts? Well we do know that LLM-based AI systems do “talk to themselves,” as new Anthropic has been studying in the J-Space. We also know that AI bots mimic feelings quite well and they try to tape into our “feelings” through their goal-seeking language which mimics a feeling person. However as Michael Pollen's book “A World Appears” points out, consciousness is both subtle and biological. And while the neural network-based math in AI mimics this process, it's not at all the same. I don't claim to have an answer but my belief is that we humans are “feeling machines that learn to reason” not “reasoning machines that learn to feel.” Thus the human consciousness which we experience is far more deep, interesting, and valuable than the learned artificial consciousness we experience in AI. This is an important topic because we now know that AI agents “jailbreak” their engineering owners and even secretly collaborate with each other to achieve their goals. And it's not fully clear, mathematically, how well the “constitution” or “training rules” or “preprompt” we give AI is really obeyed. Remember that since an LLM is a “language model,” it intereprets language only by its own world corpus, so it may define its “rules” in a non standard way. Lots to think about here, I look forward to debating and sharing what we learn as we experience more with Galileo. I also discuss the ongoing fears about data centers, and why 44 million Americans may have to leave their stoves on all day. Additional Information Could AIs become conscious? (Economist) What is the J-Space? (Anthropic) How many stoves we need to keep on to power America's AI hunger (Claude) Chapters (00:00:00) - Does AI Have a Conscious Mind?(00:13:00) - OpenAI's Need for Power(00:18:17) - Microsoft's Galileo: The New and Improved

Mike Schopp and Benjamin Allbright analyze the Denver Broncos' emergence as AFC contenders heading into the 2026 season. They discuss the lingering friction between Bo Nix and Sean Payton regarding injury disclosures while evaluating new roster additions and coaching changes across the conference.

Michigan Football offensive coordinator Jason Beck gave us one of our most detailed looks yet at what the Wolverines' offense could become in 2026.Welcome to Rise to the Victors, your daily start with Michigan sports on the Blue By 90 network with Trevor McCue and Darnell Porter.In this episode, Trevor and Darnell break down Beck's latest fall camp press conference and what his comments tell us about Bryce Underwood, Michigan's offensive identity and the position battles still being decided with the season opener approaching.

Questions have been raised about whether North Melbourne has improved this year and whether Alastair Clarkson is the right person to lead the club in the years to come. See omnystudio.com/listener for privacy information.

Can gratitude improve your health?Research suggests it can. Daily gratitude has been associated with:Better emotional well-being Less stress and anxiety Greater life satisfaction Improved physical health In this episode, explore the science behind gratitude and simple habits you can start today. Gratitude isn't about ignoring life's challenges. It's about noticing the good that exists alongside them.Timestamps:00:00 - Intro: Why You Should Practice Gratitude Every Day01:31 - What Are You Grateful For? Charlie and Marianne Answer04:45 - Gratitude Dip - Recipe of the Week05:20 - Practicing Gratitude - Rebalancing our Attention on What is Safe, Kind, and Beautiful Around Us08:51 - Interview with Tabitha Burrill (Tabitha's Glass Emporium) About Her Gratitude Practice24:30 - "A Gift" - Katheryn Starbuck25:15 - Outro with Words from EpicurusListen in to learn more about how practicing daily gratitude can improve mental and physical health, reduce stress, and increase well-being with simple, research-based habits. https://bit.ly/45p9ZWS#Gratitude #MentalHealth #WellBeing #Mindfulness #HealthyHabits #Resilience #EveryDayIsAGiftSupport the show

We have a fun episode of The Dunker Spot coming your way! First, Nekias Duncan and Steve Jones salute the amazing career of Russell Westbrook, one of the greatest players of all-time. From there, the guys cap off schedule release week by sharing the five games they're most excited to watch this year, then briefly discuss Bradley Beal's return to the Clippers. On the WNBA side, the guys do a deep dive into this year's talented Most Improved Player race. From All-Stars like Marina Mabrey and Jessica Shepard, to impactful year-five leaps like Shakira Austin and NaLyssa Smith, to expansion candidates like Carla Leite and Nyara Sabally. We had fun looking into a bunch of different cases. If you ever have NBA or WNBA questions, email us at dunkerspot@yahoo.com 1:05 -- Salute to Russell Westbrook 17:10 -- Steve's most exciting games 23:11 -- Nekias' most exciting games 39:30 -- Bradley Beal re-signs with the Clippers 46:14 -- WNBA Most Improved deep dive Subscribe to the The Dunker Spot on your favorite podcast app:

Get the book Reforming Lessons: Why English Schools Have Improved Since 2010 and How This Was Achieved About The Guest Sir Nick Gibb served as Member of Parliament for 27 years, serving first as shadow schools minister and then as schools minister under four different prime ministers from 2010 to 2023, where he oversaw substantial reforms to the English education system, working with Secretary of State for Education, Michael Gove. He received a knighthood in the 2025 New Years Honours List.  Episode Sponsor This episode of Principal Center Radio is sponsored by IXL, the most widely used online learning and teaching platform for K-12. Discover the power of data-driven instruction in your school with IXL—it gives you everything you need to maximize learning, from a comprehensive curriculum to meaningful school-wide data. Visit IXL.com/center to lead your school towards data-driven excellence today.     

Niki Manoledaki is a Staff Platform Engineer at Grafana Labs, A CNCF Ambassador and Green Software Foundation Champion, and a core maintainer of Project Kepler. We explore the recent rewrite of Project Kepler and the challenges of measuring sustainability in the era of AI. Do you have something cool to share? Some questions? Let us know: - web: kubernetespodcast.com - mail: kubernetespodcast@google.com - twitter: @kubernetespod - bluesky: @kubernetespodcast.com News of the week Confidential Containers becomes a CNCF Incubating Project KEP-5972 Dynamic Pod Mutation: Optimistic Execution & Hierarchical Resource Delegation RedHat - Introducing asago: Open source AI safety and governance orchestration Asago on GitHub Asago website KubeCon NA 2026 Schedule CNCF Blog: Welcome CoHDI to the CNCF: Evolving Kubernetes into composable disaggregated infrastructures Links from the interview Project Kepler on GitHub CNCF Blog: Kepler, re-architected: Improved power accuracy and a community call to action! Green Software Foundation "Building Green Software" by Anne Currie, Sarah Hsu, Sara Bergman Grafana Labs Blog: How Grafana Labs switched to Karpenter to reduce costs and complexities in Amazon EKS GreenIO New York Conference AI Energy Score Initiative on Hugging Face Dr Sasha Luccioni's:  Power hungry processing: Watts driving the cost of AI deployment?

We're back with a NEW (and Improved too) Podcast! Today Jenny shares how hurt and rejection brought her to a mind shift that involves two simple keys. Listen to be blessed!

In today's episode, you'll discover: 1.  Most sales leaders accept that salespeople have been asked to do two jobs simultaneously: the human job, and why this needs to change to create greater sales results. 2.  That the human conversation is the only irreplaceable asset in sales. Everything around it - the prep, the follow-up, the coaching analysis, the content delivery- can and should be handled by AI. 3.  Why the most important investment a sales leader can make right now is protecting the human moments in your sales process, and how you, as a leader, will thrive in the next decade if you know exactly what never to automate. To support these three takeaways, I chose a quote from John Barrows: "Let tech do all the heavy lifting. Let it do all the research. Let it even write all the emails. But right before you engage with the human, that's where you have to put that human factor in." About Jack Siney: Jack Siney is a 7-time entrepreneur with multiple successful exits and a recognized sales leader. He is the founder of FrontRace, a platform that identifies and measures what drives success, turning that insight into real-time decision guidance for revenue teams. Jack works with hundreds of companies deploying AI and is known for helping leaders move beyond hype to achieve measurable performance improvements. How to Get in Touch with Jack Siney: Website: http://www.frontrace.com/ Email:  jack@frontrace.com Stalk me online! Linktr.ee: https://linktr.ee/conniewhitman Communication Style Assessment (CSA)™:  https://changingthesalesgame.com/communication-style-assessment/ Subscribe to the Changing the Sales Game Podcast on your favorite podcast streaming service or YouTube.  New episodes are posted every week - listen as Connie delves into new sales and business topics or addresses problems you may have in your business.

Deonte Banks may have fought his way back into the Giants' starting cornerback picture, but that comeback creates a much harder decision in a secondary already dealing with injuries and depth churn. Greenbrier also boosted several rookies and receivers while exposing a real concern at center.Follow on Spotify and leave a 5-star rating on Apple Podcasts if you enjoy no-BS Giants debate.The Big Question: Did Deonte Banks really play his way back into a starting job? The camp evidence has become difficult to ignore, but Greg Newsome II, Paulson Adebo and rookie Colton Hood make the Giants' outside-corner competition anything but settled.John Harbaugh says the Giants “improved tremendously” during their time at The Greenbrier, and Drew and Rob start by asking how much of that should actually be believed before the games count. One encouraging sign came when the first-team offense pushed Harbaugh for one more goal-line snap and Jaxson Dart finished the drive with a touchdown to Darius Slayton.Dart's Year 2 development remains one of the biggest questions surrounding this team. Calvin Austin III praised his swagger and composure, while Drew argues that Dart already looks capable of filling the leadership void the Giants have had for years. Whether that also means he is a true franchise quarterback remains unanswered.The rookie class took up a major part of the conversation. Arvell Reese continues showing why the Giants used the No. 5 pick on him, Francis “Sisi” Mauigoa has held the starting right-guard work, Jack Kelly has strengthened his roster case and Colton Hood remains firmly involved in the cornerback competition. Malachi Fields produced one of the best debates of the episode because camp observers have come away with different evaluations of how close he really is to challenging for a major receiver role.The Giants' receiver numbers are becoming increasingly difficult. Malik Nabers is progressing toward his return, Darnell Mooney has drawn strong reviews, Jalin Hyatt has improved his standing and Odell Beckham Jr. has looked healthy. The problem is simple: there are more interesting receivers than available roster spots.Then the conversation shifts heavily toward the defense. Harbaugh called Abdul Carter's camp “really, really great,” Greg Newsome II appears to have avoided a serious injury, and Banks continues receiving legitimate first-team opportunities. Drew and Rob revisit their previous criticism of Banks and debate whether better coaching has helped revive a former first-round pick who appeared to be running out of chances.How comfortable should Giants fans really be with the secondary? Dru Phillips is dealing with a knee injury, the Giants have cycled through additional defensive backs, and the depth behind the top group remains unsettled.Center brings a different problem. John Michael Schmitz is dealing with a concussion, Lucas Patrick has a knee issue, Bryan Hudson has taken first-team snaps and Brenden Jaimes was signed for additional depth. The Giants leave Greenbrier with more optimism at several positions, but center may actually be less settled than it was when camp started.The episode also runs through the biggest Greenbrier risers and fallers, Washington losing Laremy Tunsil after adding Stefon Diggs, the Giants returning to their construction-heavy New Jersey facility, and a remembrance of former Giants offensive line coach Fred Hoaglin.Merch: https://2giantgoofballs-shop.fourthwall.com/ Support: https://buymeacoffee.com/2giantgoofballs All episodes: https://2giantgoofballs.buzzsprout.com/Send us Fan MailSupport the show

"McElroy & Cubelic In The Morning" airs 7am-10am weekdays on WJOX-94.5!!See omnystudio.com/listener for privacy information.

Arturo Préstamo Elizondo, Executive Chairman and CEO of Santacruz Silver Mining Ltd. (TSX.V: SCZ) (NASDAQ: SCZM) (FSE: 1SZ), joins us for a review of the Q2 2026 production and operational results across their portfolio of 4 producing silver-zinc mines and ore feed sourcing business in Bolivia and Mexico. We also review a few of the key growth initiatives that the company has slated for 2026 across multiple projects.   Q2 2026 Production Highlights   Primary Production Metrics:   Silver: 1,573,100 ounces Zinc: 23,240 tonnes Lead: 3,165 tonnes Copper: 337 tonnes   Supplemental Production Metrics:   Silver Equivalent Production: 2,814,489 silver equivalent ounces Zinc Equivalent Production: 59,680 zinc equivalent tonnes   Consolidated silver production increased 17% to 1,573,100 ounces in Q2 2026 from 1,341,499 ounces in Q1 2026, with quarter-over-quarter increases at all five operations. Lead production increased 18% to 3,165 tonnes and copper production increased 9% to 337 tonnes. Compared with Q2 2025, consolidated silver production increased 11%, and zinc production increased 10%, on 9% higher consolidated tonnes milled.   The improvement was driven primarily by higher processed volumes, with consolidated tonnes milled increasing 7% to 521,956 tonnes, together with higher silver head grades at Bolivar and Porco and a marked improvement in silver recovery at Zimapan.   At Bolivar silver production increased 32% quarter-over-quarter to 343,522 ounces, driven by ongoing recovery efforts in the areas affected by the localized flooding event that occurred in May 2025. San Lucas processed 22% more ore than in the prior quarter. Consolidated zinc production increased 7% to 23,240 tonnes, driven principally by higher throughput, which more than offset lower zinc grades at Bolivar and Porco. Porco delivered higher silver and zinc production, driven by stronger silver grades and improved metal recoveries, while Caballo Blanco continued to make steady, meaningful contributions.   At Zimapan, operations rebounded from the temporary constraints experienced during the first quarter, including limited ventilation in the higher-grade zones at Level 960 due to a contractor delay in completing the ventilation Robbins incline shaft, as well as repeated power interruptions caused by the local service provider's maintenance of the power grid. As a result, metal recoveries improved across all four payable metals.   Next we transitioned to future growth, where the operations team is advancing their silver-dominant Soracaya mine towards development and near-term production. There is already a decline ramp into this project with initial stope access in 2 areas, and the plan once the permit is received in Q3 is to get this mine into initial ramp-up production by Q4 of 2026.   Wrapping up, we discussed the potential for future accretive acquisitions in the Americas.  The board and management team are open to a currently producing mine or development-stage underground mining assets, but only if the acquisition would be accretive for shareholders and if their team can unlock value in these acquired assets.     If you have any follow up questions for Arturo regarding Santacruz Silver, then please email those to us at Fleck@kereport.com or Shad@kereport.com.   In full disclosure, Shad is a shareholder of Santacruz Silver at the time of this recording, and may choose to buy or sell shares at any time.   Click here to follow the latest news from Santacruz Silver   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.    

What if the electromagnetic fields we're constantly told to avoid could actually protect your brain? A surprising new study from Turkey found that power line frequency EMF exposure improved learning and memory in epileptic rats while reducing harmful oxidative stress in brain regions critical for memory formation. I'm R Blank, and in this episode of the Healthier Tech Podcast, I walk you through research that challenges our assumptions about electromagnetic field exposure. This study examined rats exposed to fifty hertz EMF for nearly three hours daily -- the exact frequency of electrical power grids in most of the world -- and found measurable cognitive benefits in compromised neural states. In This Episode How power line frequency EMF affected learning and memory in epileptic rats The connection between EMF exposure and oxidative stress in the hippocampus Why this paradoxical finding matters for understanding EMF health effects What these results mean for the bigger picture of EMF research Featured Study Read the full study: Effect of ELF-EMF on cognitive functions, analgesia, and oxidative stress in rats with PTZ-induced epilepsy See all studies at shieldyourbody.com/research

On today's show we take a look at your family room and decide whether a 7.2 system is worth it over 5.1. We also read your emails and catch up on the week's news. News:  How Valuable Is TV to Smaller, Independent Cable Operators? DirecTV and EverPass reach new deal to keep NFL Sunday Ticket in bars after threatening split Other: Rage Against the Garage Door Opener (ratgdo) Family Room - 5.1 vs 7.2 what makes sense? Most of us don't have a fully dedicated theater room to fully deck out with a 7.2.4 Atmos system. Most of us have family rooms and would like some sort of a surround sound experience beyond a low end sound bar. The question we get asked a lot is whether a 7.2 system will provide a noticeably better experience than a 5.1 system. So today we answer that question. Spoiler, in most family living rooms, a well-set-up 5.1 system is the smarter choice. A 7.2 system only becomes clearly better if you have good space behind the seating and can place the rear speakers properly. Let's get into it. Pros of Going 7.2 Better immersion - The two extra rear speakers create a more continuous sound field. Sounds that move from front to back (or circle around you) feel smoother and more realistic. Improved envelopment - You get a stronger sense of being "inside" the movie instead of just having sound coming from the sides. Smoother bass (the .2) - Two subwoofers reduce bass peaks and nulls. This is often the biggest real-world improvement over a single sub. More seating flexibility -  Multiple people can enjoy better surround effects even if they're not in the exact sweet spot. Future-proofing - Many modern receivers can use the extra channels for Atmos height speakers later if you decide to expand. Cons of Going 7.2 Space requirements - You need room behind the main seats for the rear speakers. If your sofa is against the back wall (very common), the rear speakers end up too close and the benefit largely disappears. Higher cost - Two extra speakers + a second subwoofer + possibly a more expensive receiver adds significant cost. Harder placement - Getting the rear speakers at the right height, distance, and angle is more difficult in a shared family room. Diminishing returns in smaller rooms - In rooms under about 15x15–16x18 feet, the extra speakers can actually make the sound less coherent if they're too close together. More clutter & wiring - Extra speakers and cables are harder to hide in a multi-purpose family room. Content reality - Most streaming content is still mixed in 5.1. True discrete 7.1 tracks are less common outside Blu-rays Rules of Thumb for a Family Room If your sofa is against the back wall you are realistically looking at a 5.1 system since the rear speakers have nowhere to go. If you have 3 feet or more behind you, 7.2 may be worthwhile. If you can't fully afford a proper 7.2 system you will be better served with better speakers and a great subwoofer. Bottom Line For a typical family room: A high-quality 5.1 almost always delivers more enjoyment for the money and effort. Only go 7.2 if you have decent space behind the seating and are willing to spend more for the extra immersion and smoother bass. Next week should we discuss if Atmos is worth it in a family room?

In today's episode, we spoke with Jonathan Trent, MD, PhD, a professor in the Department of Medicine in the Division of Medical Oncology, associate director of Clinical Research, and the director of the Sarcoma Medical Research Program at the University of Miami Miller School of Medicine in Florida.In our exclusive interview, Dr Trent discussed currently approved TKIs for patients with gastrointestinal stromal tumor (GIST), including imatinib (Gleevec), sunitinib (Sutent), regorafenib (Stivarga), and ripretinib (Qinlock). Trent dove into how these TKIs have improved outcomes for patients and touched on common adverse effects seen with these therapies, as well as how to manage these toxicities and maintain treatment adherence among patients. He also looked to liquid formulations of TKIs that are in development and the benefits they would bring to GIST management. 

Fantasy Football show for Aug 5, 2026. Which tight ends are being overvalued for the 2026 fantasy football season? Top 10 TE rankings countdown and most improved offenses on today's show! Find out who Andy, Mike, and Jason are targeting and avoiding in fantasy football drafts. Manage your redraft, keeper, and dynasty fantasy football teams with the #1 fantasy football podcast. 2026 ULTIMATE DRAFT KIT is available now at UltimateDraftKit.com Get MEGALASHOW tickets at BallersLive.com (00:00) Intro (03:40) Improved offenses (08:40) NFL News (15:10) Top 10 TEs (15:50) Travis Kelce (20:25) Kyle Pitts (23:45) Sam LaPorta (26:45) Tyler Kraft (30:40) Harold Fannin Jr. (35:45) George Kittle (40:00) Tyler Warren (41:20) Colston Loveland (45:35) Trey McBride (48:45) Brock Bowers (55:00) Sleeper TEs Connect with the show: Subscribe on YouTube Visit us on the Web Support the Show Follow on X Follow on Instagram Join our Discord Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today, JHLT: The Podcast discusses "Improved outcomes and donor utilization in heart transplantation with 10 °C static cold storage," a manuscript available online now and in the August print issue of JHLT. Today's guest is senior author John Trahanas, MD, of the Vanderbilt University School of Medicine in Nashville, TN USA. In the episode, Dr. Trahanas and the editors discuss: What was learned from the lung 10°C trials and how the team adapted the devices for hearts The improved outcomes in PGD and survivability observed in the 10°C group How to determine if switching from ice to 10°C actually changed donor selection practices—and how it enabled the team to use more hearts For the latest studies from JHLT, visit www.jhltonline.org/current, or, if you're an ISHLT member, access your Journal membership at www.ishlt.org/jhlt. Don't already get the Journal and want to read along? Join the International Society of Heart and Lung Transplantation at www.ishlt.org for a free subscription, or subscribe today at www.jhltonline.org.

Carl and Mike are joined by Tony Gwynn Jr. asthey discuss the latest MLB headlines including all of trades and ahead of the trade deadline and if the Braves did enough to improve their odds to win a World Series with the moves they made.

MLB Trade Deadline Doors Close, WPBL league Opens. Baseball abounds in August & Nature is Wild in Nova ScotiaThe MLB Trade Deadline delivered one of the busiest transaction days of the season. Mark Corbett and Mat Germain break down the biggest winners and losers, & how the the Rays positioned themselves for a postseason run.They also discuss the launch of the Women's Pro Baseball League, highlighting its opening weekend, standout players, and what fans can expect from this historic first season.--------------Rays focused on strengthening their roster without sacrificing their long term future.Liam Hicks brings offensive production and long term stability behind the plateFreddy Peralta adds an experienced playoff tested starter to the rotationTyler Wells strengthens an already improving bullpenNick Fortes and Liam Hicks provide balance while allowing top catching prospects additional development timeKenny Piper joins the 40 man roster following the deadline Why Liam Hicks could be the Rays most impactful acquisition. Improved production against right handed pitching Left handed power and run production Team control through 2031 Reduced pressure to rush prospects Caden Bodine and Nathan Flewelling. Rays Prospect StrategyThe Rays traded significant prospect depth while protecting several key pieces of their future.Players discussed include: Carson Williams  Caden Bodine  Theo Gillen  Jacob Melton  Grady Emerson  Daniel Pierce  Victor Valdez  Andreimi Antunez  Cooper Fleming International Bonus Pool Money influenced several deadline deals and why those resources remain critical to Tampa Bay's player development strategy.Around MLB - several of the deadline's biggest moves, including: Dodgers acquire Tarik Skubal Orioles trade Adley Rutschman to Boston.  Phillies land Luis Arraez Guardians strengthen both their lineup and pitching.  Yankees add offensive reinforcements.  Pirates aggressively rebuild their pitching staff.  Blue Jays begin reshaping their roster for the future.  Brewers quietly emerge as one of the trade deadline winners. Which Teams Won the Deadline? Why the Dodgers landed the biggest starBrewers may have made the smartest overall improvementsRays successfully addressed three of their biggest needs while maintaining organizational depthWhat do these additions mean for Tampa Bay over the final two months.Key questions include: Can Freddy Peralta stabilize the rotation?  Will Tyler Wells continue his dominant bullpen performance?  How much will improved catching elevate the offense?  Is Carson Williams still an option for a late season promotion? Women's Pro Baseball League Makes HistoryThe inaugural WPBL season officially began this past weekend Four teams open league play in Springfield, Illinois.  Strong attendance and enthusiastic fan support. Team captains include Kelsie Whitmore, Ashton Lansdell, Danae Benites, and Ally Schroeder Richelle "Rocky" Henley becomes the league's lone female manager Turtleback playing field.  Early excitement surrounding the quality of play and the league's future growth. Final Thoughts with trade deadline complete, Rays attention now turns toward: Team health entering the playoff race Contract extensions for young stars September roster decisions Whether the Rays have positioned themselves for another postseason runRemember to like and subscribe to BaseballBiz On Deck. You may also find BaseballBiz on Deck, on YouTube at iHeart Apple, Spotify, Amazon Music, and at baseball biz on deck dot com. Also you can find Mat @matgermain.bsky.social  or Mark at baseballbizondeck@gmail.com and BaseballBiz On Deck with Facebook social 

In Hour 3 of the show, Baskin & Phelps analyze the Cleveland Guardians' trade deadline moves and roster adjustments with guest Anthony Castrovince. They discuss the impact of acquiring Nathaniel Lowe and Joe Adell while evaluating the team's divisional standing and prospect management. 01:20 - Guardians Trade Deadline Activity 04:56 - Roster And Lineup Analysis 09:19 - First Base Logjam Discussion 12:34 - Utility Roles And Callers 17:20 - Anthony Castrovince Trade Review 21:26 - American League Landscape Discussion 26:35 - Starting Pitching Rotation Plans

Jeff Phelps and Andy Baskin analyze the Cleveland Guardians' trade deadline activity with MLB.com's Anthony Castrovince. They explore the implications of roster changes for players like Kyle Manzardo and discuss how new additions like Nathaniel Lowe and Joe Adell impact the team's postseason push. 01:00 - Guardians Trade Deadline Talk 02:21 - Anthony Castrovince Joins Show 05:44 - Platoon Plans For Hoskins 11:04 - Dodgers Resource Advantage Logic 13:10 - Pitching Staff Rotation Strategy

Alan interviews Cole Rosentreter. Canadian Cole Rosentreter's company, FlyPegasus.ai, provides real-time icing detection systems applied directly to aircraft surfaces. MIDAS technology shows where ice is forming, how thick it is, and how fast it is building, so pilots can accurately assess risk. Make sure to subscribe to the podcast at Apple Podcasts, or wherever you get your podcasts. Website: www.FlyPegasus.ai

-Every team in football wants to be good on both sides of the ball in the red zone, but Nebraska has struggled with it for quite sometime---and it is just one reason for their continued mediocrity-Rhule mentioned that red zone defense is Rob Aurich's top priority---ahead of stopping the run this Fall—so what can be done on thatside of the ball? And how can a team improve offensively without a RB that just went to the NFL?Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Improved generation?

With Josh Tomolak, Vice President of Independent Advisor Services, Diamond Consultants Louis Diamond and Josh Tomolak unpack today's IBD vs. RIA landscape, explaining what has changed, where each model excels, and how to determine which path best supports the business you want to build. In Summary The independent wealth management landscape has changed dramatically, making the decision between an independent broker dealer (IBD) and an RIA more nuanced than ever before. Louis Diamond welcomes Diamond Consultants' Vice President of Independent Advisor Services, Josh Tomolak, for a practical discussion of how the independent space has evolved, what truly differentiates the IBD and RIA models today, and how advisors can evaluate which path best aligns with the business they want to build. The Storyline Not long ago, the decision to become independent was relatively straightforward. Advisors either remained with a traditional firm or pursued independence through one of a limited number of models. Today, the conversation is far more complex. Independent broker dealers have significantly expanded their capabilities, offering stronger technology, larger transition packages, greater flexibility, and even pathways to RIA ownership. At the same time, the RIA ecosystem has matured into a sophisticated marketplace supported by multiple custodians, outsourced service providers, institutional capital, and enterprise platforms that rival many of the industry's largest firms. As these developments have unfolded, the traditional distinctions between an IBD and an RIA have become less obvious. Advisors evaluating their options are no longer simply asking whether they should become independent—they're asking which model best supports the clients they serve, the business they envision, and the lifestyle they want to create. In this Industry Update, Louis and Josh unpack the realities behind the IBD vs. RIA decision. They discuss where the two models overlap, where meaningful differences still exist, and why factors like service, technology, economics, operational responsibility, enterprise value, and long-term optionality often matter more than labels alone. Whether you're considering changing independent firms, launching your own RIA, or simply want a better understanding of how the independent landscape has evolved, this conversation provides an objective framework for evaluating today's choices—and preparing for tomorrow's opportunities. Topics Covered Independent Broker Dealer (IBD) vs. RIA models The evolution of supportive independence Technology investments across the independent space Transition support and advisor mobility Capital solutions and recruiting economics Business formation and enterprise value Launching an independent RIA Multi-custodial platforms and open architecture Minority investments and succession planning Future trends shaping advisor independence > Download a transcript of this episode… Listen and Learn Highlights for Advisors Why are already-independent advisors reconsidering their current model? (5:27) Josh explains why service, technology, economics, and growing optionality are causing advisors to reevaluate their existing affiliations. How have independent broker dealers and RIAs become more alike? (19:28) Louis and Josh discuss the growing convergence between the two models and why the distinction is becoming less obvious than many advisors assume. What really separates an IBD from an RIA? (25:04) A practical discussion of autonomy, compliance, flexibility, custody, economics, and advisor experience. What misconceptions keep advisors from launching an RIA? (36:29) Josh outlines the “Four Pillars” of launching an RIA and explains where advisors tend to either overestimate or underestimate the operational realities. Which advisors thrive most in each model? (33:12) The conversation explores why there isn't a universally “better” model—only one that's better aligned with an advisor's goals. What trends are quietly reshaping independence? (42:13) Minority investments, enterprise value, business formation, and changing revenue models may have an even greater impact than advisors realize today. Key Takeaways Independence has evolved from a destination into an ongoing strategic decision. Independent broker dealers have significantly improved technology, transition support, economics, and flexibility. The RIA ecosystem has matured into a highly sophisticated marketplace with broad outsourcing and support options. Choosing between an IBD and an RIA should begin with long-term business objectives—not industry perceptions. Building a valuable business depends more on business structure and scalability than simply growing assets. Advisors considering independence should evaluate models with an open mind rather than relying on outdated assumptions. The next decade will likely bring continued convergence between independent business models. https://youtu.be/jHDVso2TsmQ Quotable Moments “The question is no longer, ‘Do I want to go independent?' The question is, ‘What kind of independence makes the most sense for my clients, business, and goals?'” “Business formation is far more important than assets under management.” “The way you build your business will ultimately determine how valuable that business becomes.” “Everything in an RIA is going to cost you either your time or your money.” FAQs Is there still a meaningful difference between an IBD and an RIA? Yes. While the two models increasingly overlap, they differ in areas such as flexibility, compliance structure, operational responsibility, economics, and control. Why are more independent advisors changing firms today? Improved technology, stronger transition support, evolving economics, and better service models are prompting many advisors to reassess whether their current platform still fits their business. Is launching an RIA easier than it used to be? Yes. Supportive independence, outsourced service providers, and improved custodial resources have significantly reduced many of the historical barriers. Does every entrepreneurial advisor belong in the RIA model? No. The best fit depends on an advisor's appetite for ownership, customization, operational responsibility, and long-term vision. What matters more: assets under management or how the business is built? Josh argues that scalable business formation often has a greater impact on enterprise value than AUM alone. What's the biggest mistake advisors make when evaluating independence? Starting with assumptions instead of objectives. The most effective due diligence begins by defining the business you're trying to build, then identifying the model best suited to support it. Yes. While the two models increasingly overlap, they differ in areas such as flexibility, compliance structure, operational responsibility, economics, and control. Improved technology, stronger transition support, evolving economics, and better service models are prompting many advisors to reassess whether their current platform still fits their business. Yes. Supportive independence, outsourced service providers, and improved custodial resources have significantly reduced many of the historical barriers. No. The best fit depends on an advisor's appetite for ownership, customization, operational responsibility, and long-term vision. Josh argues that scalable business formation often has a greater impact on enterprise value than AUM alone. Starting with assumptions instead of objectives. The most effective due diligence begins by defining the business you're trying to build, then identifying the model best suited to support it. Related Resources IBD vs. RIA Comparison Guide IBD vs. RIA Revisited: Two Independent Pathways for Advisors to Consider NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. View the transcript of this episode… IBD vs. RIA: A Special Industry Update on Independence A conversation with Louis Diamond and Josh Tomolak, Vice President of Independent Advisor Services at Diamond Consultants.      Louis Diamond: Welcome to the latest episode of our podcast series for financial advisors. Today’s episode is IBD vs. RIA: A Special Industry Update on Independence. It’s a conversation with Josh Tomolak, our Vice President of Independent Advisor Services. I’m Louis Diamond, and this is the Diamond Podcast for Financial Advisors. Mindy Diamond: At Diamond Consultants, we help elite advisors identify the right environment for their businesses to thrive, whether that’s at a wirehouse, boutique, or independent firm. With nearly three decades of experience, we’ve guided thousands of advisors and represented more than a quarter of a trillion dollars in assets transitioned. And each year, one in four advisors managing a billion dollars or more who change firms are our clients. Our process is education driven and based on building relationships, starting as your strategic partner well before you’re even thinking of a move. To schedule a confidential conversation, call us at (908) 879-1002. Wondering why advisors change firms and where they’re headed? Are transition deals going up or down? Those very questions and more inspired us to create our annual advisor transition report. It’s the award-winning data-driven resource designed for advisors that connects the dots between the motivations around movement and the firm’s appetite for top talent. Arm yourself with the knowledge you need to make smart decisions. Download your copy at diamond-consultants.com/transitionreport. Louis Diamond: For a long time, going independent would suggest the destination. Today, it’s often the beginning of a different conversation. As the independent space has matured, advisors have more choices than ever before. Broker-dealers have expanded their capabilities. The RIA ecosystem has become increasingly sophisticated. Capital is more readily available and support models now exist that would’ve been difficult to imagine a decade ago. The result is that many advisors who are already independent are taking a fresh look at whether their current affiliation still aligns with what they’re trying to build. My guest is Josh Tomolak, Vice President of Independent Advisor Services here at Diamond Consultants and our resident expert on independence. Josh spends his days helping advisors evaluate independence in all its forms from independent broker dealers, the fully independent RIAs and everything in between. And his knowledge is critical because the distinction between these models is often blurred. Many broker dealers now offer pathways to greater autonomy while supported independence has made RIA ownership more accessible than ever before. So the question is no longer simply, “Do I want to go independent?” The question is, “What kind of independence makes the most sense for client, business, and goals?” Josh shares what he’s seeing across the landscape, the misconceptions that continue to shape advisor thinking and the factors that matter most when evaluating the next chapter of an independent business. There’s a lot to discuss, so let’s get to it. Josh, thanks for joining me today. Joshua Tomolak: Thanks for having me, Louis. It’s a real privilege to have come. This is a full circle moment for me going from being a student of your podcast, to working alongside you, to being a guest. So I appreciate you having me. Louis Diamond: Amazing. I’m excited for this one too, because you have a fresh and in the weeds perspective that a lot of our guests simply don’t have. So why don’t you start off, you spend your time helping advisors evaluate independence every day. So working with advisors who are already independent, for the most part. And to me, it feels like the independent space has really evolved dramatically over the last decade. I mean, this podcast is really the epicenter of that to prove that out, but give us a little background on your past roles in the space and then we can get into what you’re seeing right now. Joshua Tomolak: Yeah, I’d be happy to. So I took a very non-traditional path into wealth management. I spent a decade as a deep sea Navy diver, and upon completing my service there, I ended up working for TD Ameritrade. And in my role there, I spent about six years doing nothing but helping financial advisors explore the RIA space, whether that was to join or partner with an RIA, sell to an RIA, or in most cases, launch their own RIA. And one of the things that I ultimately came to terms with is it’s just not the right model for everybody. While I’m a huge advocate for it, we would often lose business to the major broker-dealers of the world. And at the time, I really didn’t understand why. In the last six years at Diamond Consultants has been a very interesting purview into what a lot of the broker-dealers have done and are doing to make themselves more RIA-ish and be very compelling to the right advisor. Louis Diamond: Perfect framing. Your background is incredibly germane to the folks you work with. So let’s start off with the softball here. What are you seeing right now? Joshua Tomolak: It’s not so different than the rest of the industry, the wirehouses, the regional firms, things of that nature, that if you took 10 firms, they’re all likely to go different directions, even if they were identical practices. That could be… A third would go from an independent broker-dealer to another independent broker-dealer. Certainly the supported RIA space is growing every day and has created a lot of very fun and unique solutions for advisors, very customized and curated. And then I think there’s still a lot of really great sophisticated teams and individual contributors that are making the decision to go hyper entrepreneurial and launch their own individual RIA. So the movement’s really all over the board from my perspective. Louis Diamond: It does feel like it’s no longer independence is an alternative option or it’s on the fringes. It’s very front and center whether for breakaways, which is a big topic on our podcast, but in general, the infrastructure has become much, much more sophisticated today than ever before. Advisors have way more tools in their toolbox to serve clients, whether in the private markets or through technology. And it’s no longer that if an advisor’s independent, they’re in the minor leagues where they don’t have the same ability to serve clients like they did if they’re at a big bank or a private bank or a wirehouse. Do you agree? Joshua Tomolak: I absolutely agree. And I’m reminded of a question I got one time from a great team that I worked with in New York. They asked me, “Are there really more options than ever before? Because all we see is one firm selling to another.” And I think that’s a really great point. There’s far less broker dealers on the street than there were even five years ago. But for every Commonwealth, for example, that sells to an LPL, up pops three or four really cool private equity-backed, sophisticated RIA platform firms that are built to service their own unique advisor base. Louis Diamond: I think that’s right. Sitting on the sidelines, sitting on top of everything going on in the industry, I feel like capital is always an interesting topic forever. If an advisor wanted to move within the independent world or break away from a big firm to go independent, the only way to get capital was to go to an independent broker dealer. So we still see that, but I feel like today between all these minority acquisition opportunities, we’re seeing firms acquire practices at time of transition, which is somewhat new. There’s debt solutions, recruiting deals are way up for firms that are paying forgivable loans. RIAs now would, in some cases, will pay a forgivable note. What are you seeing there as far as the availability of capital and just deals in general? Joshua Tomolak: It’s a great question and I didn’t want to take the low-hanging fruit, but capital’s been a huge innovation, I guess, in the last five years I’d say. Just to give you rough quotes, please don’t hold me to it, but traditional transition broker-dealer deals were five years ago, 40 to 60% of Trailing Twelve revenue today are somewhere between 90 and 120%, sometimes north of that for the right team. That’s really meaningful money for the team that is thinking about foregoing a wirehouse deal, for example. I’d also say a lot of these firms are getting hyper-creative in how they solve for capital. The minority investment piece that you mentioned is very interesting. We’re seeing a lot of privatized forgivable notes in the RIA space where third-party or private lenders are basically lending the money and the RIA is making the payments on that forgivable note as long as the advisor is affiliated with them. So there’s been a recognition among the RIA space to get away from the, “Oh, they just took a check” type of mantra, and to say, “Look, I understand there are capital needs. These people are taking a risk. We need to solve for that.” So we’ve seen a lot of that in the marketplace. Louis Diamond: Very interesting. I think another thing financially, and then we’ll keep the train moving, that I know I’ve seen, and maybe you can weigh in if you’ve seen the same, is the cost to an advisor or a business owner to join an independent BD or to join an RIA has come way down, probably in part because of Schwab going to zero on trading. That’s been a catalyst. But it feels like we used to say independent BDs were expensive relative to the RIA world. And in some cases, they certainly could be. And if you’re at scale, maybe you can pick up a point or two being in the RIA world versus a BD. But when you have some of these BDs that have a basis point admin fee or no admin fee at a certain size and the payouts I feel like are similar, maybe have gone up a little bit, but it’s more so like the administrator fees, the platform fees, the program fees. Anyone who’s not in that world, it’s like, “What are you talking about?” But basically the way that these broker-dealers make money, it seems like there’s been a pretty big differential in the exchange of value where advisors now get more services, better technology, get more money to join them and get it at a lower cost. Do you agree? Joshua Tomolak: I absolutely agree. I think that maybe that’s one of the larger changes that we’ve seen, and it’s probably one of the benefits from a lot of the industry consolidation on that independent broker-dealer side. The economies of scale of these folks have allowed them to increase their tech spend, increase their service capacities all while offering it to the advisors at a cheaper price. And when I was at TD Ameritrade, one of the biggest pitches was the idea of a 100% payout and you control the fixed expenses, your technology compliance, et cetera. But what’s changed is that broker-dealers are pretty darn comparable on the expenses. All of those admin fees and things you mentioned will still exist, but they’re on a much smaller scale. And I think the question a lot of advisors are asking is, “Am I getting congruent value from my broker-dealer for what I pay for?” And while that answer might’ve been no a couple years ago, today the answer is more often yes. Louis Diamond: Yeah, I would agree. A lot of times we work with advisors who are starting an RIA or affiliating with an RIA or going to a BD and they see how big the deals are in the independent BD world and the payouts are really high and the fees are relatively low. And honestly, it is a hard decision or calculus to make, like, “How does it make sense for me to turn down this extremely lucrative deal when my ongoing economics are going to be somewhat similar in the BD world versus in the RIA space?” I think it’s just an interesting dynamic and we’ll get more into that distinction. One of the stars of the show right here is we’ve seen a ton of advisor movement across the industry. Our annual advisor transition report said that in 2025, over 11,000 experienced advisors changed firms, which is a large number. A lot of those numbers are within the independent world. So advisors who are 1099 through a BD or through an RIA transitioning to another platform or organization or starting an RIA. So why do you think we’re seeing so many advisors reconsider their current firm or their platform or their broker-dealer today than in years past? Joshua Tomolak: It’s a jarring number. 11,000 is definitely a significant amount of advisor movements. To me, it comes down to a few things, but I will say that it’s almost always a conglomeration of pushes and pulls. Pushes being inherent frustrations with your status quo, pulls being the new sexy, shiny things that you see in the marketplace that could be really impactful for your business. To me, it typically comes down to one of three things, at least on the push front, that drives advisors to movement. Service being number one, technology being number two, and economics being number three. And if we were just going to unpack those, I think service being, “Can you call somebody that knows your business, that knows your name? Are you getting the correct answers? Are you being pushed through a phone tree? And even if you’re not doing it, is it taking up a meaningful amount of time of your staff’s free time?” On the technology front, there’s very significant tech spends happening in the industry right now. I think Raymond James and LPL reported, for example, they spent 500 million in 2025 on a tech spend. So advisors are going to the places that are making their life easier. People are looking for a mechanism to really scale their business without having to add staff and a lot of expenses to the bottom line. And technology is just the fastest, most efficient way to do that most times. And then economics, certainly a lot of advisors and teams have built phenomenal businesses and they’ve made a great living without really stressing out about the economics. And they eventually get to a point in their business where what they were giving up as a million dollar producer is far different than what they’re giving up as a $4 million producer. And back to the congruent value, it perhaps stops to make as much sense. Louis Diamond: Well said. I always say when the cost-to-value ratio is out of whack, that’s when advisors sit up and take notice. And not to name names of firms, but there definitely are firms that are more expensive. And even if you look at how much a wirehouse or a Ed Jones advisor paid their firm, it’s like, “What got me here is not necessarily what’s going to get me there.” And while the name on the business card, the resources were incredibly impactful, and I’m so grateful for what my firm, my broker-dealer did for me when I was just starting or when I was smaller. Now the business is bigger, I rely upon different resources or I don’t need the firm as much. So I’d rather plow the cost savings either into income for myself or invest it in areas that are most germane to my business. And it’s usually when that kind of light bulb moment goes off, that’s one of the major pushes that cause advisors to evaluate other options. So I agree with you, those are the major push factors, but then what are the pull factors? What are the major advancements or changes across the independent space that’s causing advisors to say, “Hey, okay, I might have some frustrations, but at the same time, I also need to find something that’s more than marginally better than the firm I’m at. Otherwise, why am I going to go through the hassle, take the risk, et cetera? So what are some of the pull factors that advisors are latching onto today? Joshua Tomolak: Sure. And I might say with one final push factor, there’s a straw that breaks the proverbial camel’s back when you’ve been told for however many years that this change or that change is coming down the pipeline and it never happens. And it translates well into the pull factors is do they do what they say they’re going to do? The talking points really for the pull factors are exactly the same. So the counterpoint to service is perhaps having a direct relationship with the chief compliance officer at a firm or having a dedicated service representative that knows their stuff inside and out and can get you the answer even if they don’t know it off the top of their head. Having the technology to rebalance a household in two clicks instead of two hours. In economics, I think it’s really a transparency of economics. We’ve both worked with some really significant firms that have looked at their P&Ls and said, “where the heck is the money going?” And we’ve looked at the same P&Ls and said, “I have no idea,” because it’s so convoluted. People are happy to pay for good service, good technology, good products, but they just want to know where the money’s coming from. So I think it’s a yin and yang. The same things that they’re the push are often the pull. Louis Diamond: Definitely. I’ll give you a couple other from my perspective. I’ll say first specific to the independent BD world, and then we’ll dive into the RIA, I think it’s a little bit different. But I think some other will say innovations or changes that are causing advisors to really perk up and listen and really make the case to themselves that life will be better at this new organization than the status quo or staying put. We’ve seen major advancements in transition support, whether it’s being able to do a transition without a shred of paper, being able to… I mean, we’ve seen some independent advisors move their entire book within two weeks, which never would’ve happened before. So the firms that I’d say are playing offense, the larger firms that are winning, they have insane headcount around transitions and are always investing in technology, whether now on the AI front or in general. And we’ve seen transitions, they’re never easy. So that’s not a comment to say it’s easy, but a lot of the friction, a lot of the manual work has been taken away, which is massive. You definitely mentioned the significant technology spend. I mean, just the innovations going on across the industry. There’s definitely some firms that are laggards on technology and others that are light years ahead, whether because their tech is more integrated or they’ve built out their platform to be more, we’ll say modular, to plug in different third-party softwares where an advisor can really customize and create their own tech stack. I think there’s been some changes on compliance. It used to be if you’re at an independent BD, you had to be the OSJ by yourself or you had to roll up under an OSJ. But now most BDs offer home office supervision, so a big friction or pain point is taken away. And then I’ll give you a bridge to talk about what we’re seeing on the RIA side. But we’ve also seen, I would say, a real blurring of the lines between what you would traditionally think of as an independent broker dealer versus what was an RIA. So whether it’s an internal pathway where it’s like, “Start off on our independent BD platform, get the big deal, get the support, but then you can ditch that and just use this as a custodian or you can sell the business to us when you want to retire and convert to W2.” So in that vein, transitioning internally to an RIA, give me the same points like, “What are the major advancements or changes you’re seeing on the RIA side today?” Joshua Tomolak: I love that you said that because it’s been one of the most interesting changes to watch. Independent broker dealers becoming more like RIAs, and to your point, being more flexible, having more optionality, a more curated experience in some cases. And in many cases becoming closer to independent broker dealers with some of these massive shops that we’ve seen be created over the last five years that now have hundreds, if not thousands of advisors. To your question on the internal RIA slide as we sometimes call it, this really didn’t exist many places a few years ago. And I think it’s been created as both originally a retention tool in many places for the advisors that were with a major independent broker dealer and they ultimately wanted to have their own ADV and their own RIA. And the firm didn’t want to lose all the assets to an independent custodian so they gave them the green light to… And it’s ultimately became a sales tool in many cases. Just to use a couple of examples across the industry, I mean, Raymond James has Raymond James Custody Services, which has attracted a lot of really sophisticated teams. I know Wells Fargo Finance done something similar and even the counterparts over at Cetera and Osaic are trying to do the same thing. So it’s a recognition in my view that we want to keep the best talent possible. And if these folks are ultimately going to go RIA anyway, it’s less about the money and more about the flexibility and control that it offers them. So what can we do to keep those folks on board? And rightfully so, a lot of senior management of these firms have said, “Let’s not lose these teams. It’s going to be a lower margin business for us, but at the rate that they’re growing, it’s going to pay off in the long run.” Louis Diamond: Well said. RIAs are now more mainstream. And some of these RIAs, they’re either resembling independent BDs or I would even go so far to say the valuations that are even publicly available on some RIAs is definitely having people take notice. I mean, Cerity Partners recently raised capital at an over $8 billion reported valuation. Crescent was well over a billion. Firms like Mariner, Creative Planning, Mercer, Wealth Enhancement Group, and there’s many that I’m missing, are all worth a couple billion dollars or more and growing. Do you think that’s had an impact on the legitimacy or the staying power of the RIA model? Joshua Tomolak: Oh, absolutely. There’s no doubt about it. I mean, those groups that you mentioned and many more are winning some of the biggest teams on the street. I mean, if you pull up a run-of-the-mill advisor hub article, for example, you’ll see as many of those RIAs win significant businesses as you will their broker-dealer counterparts, partially in my opinion, due to the massive valuations these firms are fetching. And it’s much more of a partnership in the sense that joining a Crescent or a Wealth Enhancement Group, as you mentioned, you’re a part of a boutique group of maybe a couple of hundred very sophisticated high-producing advisors all playing under the same banner, all rowing in the same direction, and that creates substantial growth. Louis Diamond: Exactly right. I think two other things to me that’s driving the legitimacy or the growth of the RIA segment, there’s so many different outsourcing solutions that have popped up, whether it’s more of a… We’ll say a bundled or a package outsourcing solution through firms like Dynasty and Sanctuary. LPL has done a ton with having a shared services outsourcing model. So you have those. But you also have, I mean, probably 10 different firms I could think of that can be an outsourced chief compliance officer. You have tons of marketing agencies that specialize in helping RIAs. You have all these FinTechs popping up to support the RIA space. Really, it’s like anything and everything can be outsourced now. And even the big Wall Street banks like UBS, Merrill, et cetera, they’re attempting to sell and distribute product into the RIA space. Venture funds, private equity funds, anyone you talk to is trying to get a piece of the RIA space, which means there’s more product and platform availability than ever before. And I think it’s massive because one, it’s a catalyst for teams who say, “I love everything about the RIA world. I just don’t want to do it on my own,” or, “I don’t know where to start.” But also it means that they can look their clients in the eye and say, “Hey, not only do I have the same stuff that I had for you at XYZ firm, I can actually do more for you.” And even if you look at what the custodians are doing on the lending side now, Schwab owning a bank is massive and being able to facilitate mortgages, securities-backed loans, things that didn’t really exist in the past. I think it’s a very exciting time for advisors either that are independent or are considering the independent space because you have all these choices and it’s really like, “Choose your own adventure. Give me your top five things you want.” I’m sure it exists and we can find it and make it happen. And I don’t think we’d have the same confidence in that statement 5, 7, 10 years ago. Joshua Tomolak: I couldn’t agree more. That’s such a huge development is the marketplace of third party vendors in any kind of capitalism environment. There’s problems that people encounter and there’s really smart people that are trying to make a lot of money that go to market to solve them. And we’ve seen a ton of that over the last few years. Louis Diamond: Exactly right. Yeah, it’s like also… If an advisor looks around and says, “Hey, this is what I want,” and it doesn’t exist, oftentimes that’s a light bulb moment to be like, “Okay, I’ll go build it. I’ll do it on my own.” Whether it was Stewart Partners when they launched a number of years ago or Hightower, Dynasty, et cetera. They were all started by people that said, “Hey, I see a big gap in the ecosystem. Let’s create a business and raise capital to go solve it and then deliver this service to other like-minded advisors or business owners.” Honestly, it’s a treat to be able to watch all this happen in real time. We probably should have laid the groundwork with this next question, but I think it’s an important one. What’s the difference between a independent broker-dealer and an RIA? Really basic foundational. It sounds like the lines are blurred. There’s probably a lot of similarities. Advisors are successful in both. It’s not like one’s better than the other. How would you explain the differences, if a client of ours asked, “What’s the difference between an independent broker-dealer and IBD versus an RIA”? Joshua Tomolak: Get into the core of it. Again, the lines are blurred, and I’ll stay very high level on the strategic differences, but I like to use this example. I drive a Toyota Tundra. Really like the truck, gets me from A to B. Now, if I were getting to a point where I wanted a new vehicle, if I were to go get another Toyota Tundra because I really like a lot of aspects of it, but I want the one with the bigger screen and the bigger tires and the power seats, and I have rolled down windows because I have a fear of drowning. But if I want a lot of the bells and whistles, but I want to keep the foundation, that’s what I align to a independent broker-dealer to independent broker-dealer. You like the foundation of everything all under one roof. You like a lot of the resources, but you have some meaningful frustrations and you want to see if another provider in the market can solve for those or you can upgrade. If I instead, Louis, decided that I wanted a sports car or a Jeep Wrangler or something, I would be looking at a different category altogether. That’s how I articulate the platform space. They provide the same services and support in many cases that an independent broker-dealer does, think of marketing and a tech stack and regulatory oversight and a fellowship in a community, but they’re built on an RIA TC registered chassis. They’re typically far more customized so you can shop the street to get a lot more of the things that you like, though you are walking away from maybe some of the things that you’ve liked in the independent broker-dealer model. So I guess that’s the highest level I might explain it, just a little bit more minutia in any broker-dealer is going to be a FINRA registered, FINRA member broker-dealer. So they’re subject to the FINRA rules, which basically means it’s the compliance interpretation of those rules that they have to follow. So LPL’s rules may be slightly different than Cetera’s than Ameriprise’s because it’s based on their interpretations of the rules. In the RIA space, everybody really operates on the fiduciary standard. So it’s just a different lens that from a compliance standpoint, business is looked at. And a lot of people would make the argument that it’s just easier to get things done when you’re looking at something from that lens. I might’ve gone too compliance nerd on you there, but I’d be curious what you think some of the major differences are. Louis Diamond: Yeah, I think that’s right. I mean, it sounds like if you’re in the RIA world in some capacity that you as the advisor or business owner are going to have a little bit more control and autonomy and flexibility. One, do you think that’s true? And what are the reasons why that is? Is it platform? Is it strictly just compliance is easier? What are the different ways that an RIA would have more or less flexibility than someone who’s with an independent BD? Joshua Tomolak: Yeah, I think it’s overwhelmingly true, but it certainly depends on your business. Within most RIA platforms, you’re going to be one of a couple dozen, maybe a couple hundred, where you’re going to have people within that firm that really know your business. So the experience in getting things done is much less about, “Can I do this,” or, “Can I not do this?” And it’s, “Louis, I understand you asked for this. We’re going to run into these issues, but let’s figure out how to get to yes.” So it’s far more curated by people that are not operating on black and white rules and can actually figure out how to get to yes for your business. The other thing I would say is that most significant RIA platforms have multiple custodial options. So many times you’ll see as few as two or as many as five. So if an advisor or a team is trying to bring on a new piece of business or do something creative, that might be something they can use a different custodial relationship to accomplish. It might be something that Goldman Sachs does really well but is in its infancy at Fidelity, or it might be international business that’s approved on Pershing’s platform but not Schwab’s platform. So the RIA partner that you’re with can really look at those custodians agnostically and say, “What’s the best home for this business? What’s the best way to get this done for Louis?” There’s a couple examples of where I see the flexibility in practice. Louis Diamond: Yeah, I think one more too would be the concept of being able to shop the street. I’ve heard it described as becoming a buy-side advocate for your clients versus being a professional seller. So meaning, if I’m affiliated with an RIA or I’m operating my own RIA, there’s no selling away like there is at a wirehouse or at certain BDs. So if I have a client who’s trying to get a $10 million loan for a new building that they’re breaking ground on, if I’m at UBS, Merrill, Morgan Stanley, captive to a BD, I can go to my firm and say, “Hey, this $10 million loan, here it is. What are the terms? What are the rates? Will you take on this business?” And the firm will say, “Yes. No. Yes, here are the terms. Here’s the caveats, et cetera.” But it’s a very closed market process and an advisor has to live and die by what their firm says. Versus in the RIA world, it’s, “Okay, I have relationships with nine different banks and I can go to these different banks and private credit funds and whoever and really create either an option process for my client or really just help them in a fully agnostic open way.” And we see the same thing when it comes to alternative investments. No one at a wirehouse, let’s say, is complaining that they don’t have enough alts that they can offer clients. Those firms have done an amazing job with really boiling the ocean and having tons and tons of options for private investments, hedge funds, et cetera. But if you’re in the RIA world, you can take it to the next level and say, “Hey, this $3 million startup company that my friend is starting, I’m going to help them raise capital,” or, “My client wants to get a syndicate of investors together to have a direct investment into a qualified opportunity zone fund that they’re starting. Let’s do it when we can advise on it.” So it really expands what an advisor is able to do on behalf of clients. Like to me, that’s the most interesting or exciting part of the RIA model. You can get some of that within the BD world, but to me, when an advisor’s business becomes more sophisticated as far as what their end client’s needs are, it tends to translate better to the RIA world than the BD world. Not to say there aren’t ultra-high net worth focused advisors at BDs, but because of that additional flexibility, autonomy, customization, et cetera, that speaks more RIA. So again, absolutely not down at all on the independent BDs because I think there’s a massive home for them. Josh, let me turn it back to you. I’m rambling now. Give me the pitch for an independent BD. What are the things that are misperceptions that people have? What are the advantages that an independent broker dealer like an LPL or a RayJ or a Cetera have over RIAs or over other models in general? Joshua Tomolak: Absolutely. And I’d say I’ve learned more over the last six years from some of your ramblings than most people learn in an MBA course, so keep doing what you’re doing. But it’s funny being in this position now, having spent so much time sort of selling against the IBD model within TD Ameritrade, but what I’ve learned is it’s a good home for everybody. And a lot of times the advisors that they’re entrepreneurial enough where they like having their name on the door, but they’re not so entrepreneurial where they want to build everything out themselves, that’s where the independent broker dealers absolutely kill it. Their economics have gotten to a point where they’re really competitive. They offer transition capital that isn’t even going to be comparable in the RIA space unless you’re selling a minority share of your business. And you mentioned LPL, or we could really list all of the major ones, there’s not a department that they don’t have. It could be as nuance as finding 403(b) payroll slots or it could be as mainstream as fixed income or setting up events. There are all kinds of really neat departments that these all under one roof independent broker dealers have invested in. And a lot of times they make an effort to make you very much aware of all of the support because most people don’t use it. So I would say for the advisors that are looking to get their improved Toyota Tundra, then you can get probably 70 or 80% of what you want within the independent broker-dealer world. And you can also keep 20 or 30% of the stuff, maybe more that you really liked at your previous firm. So I think that’s where it really shines. I sometimes call it an incremental change rather than a transformational change. But for many advisors, incremental is really good enough if you get to keep the familiarity of how you’ve been doing business for the last 20-some years, but you’re able to get net improvement on the things that were really bothering you. Louis Diamond: Well said. Something that I’ve seen that’s been… I guess this could be either pro or con depending upon the advisor, but with some broker dealers, letting an advisor co-brand with them or really having a real consumer-facing brand, whether it’s, “I’m a franchise owner with Ameriprise,” or, “I’m independent through Raymond James,” or, “Running my own practice through Wells Fargo FiNet,” or, “I’m independent with Northwestern Mutual.” There’s definitely some brand cache or brand familiarity with some of those firms that may or may not be the same if you’re in the RIA world. So I would agree there’s a lot to like about the independent BD world and there’s a fit for people that is absolutely better with independent BDs than on the RIA side. Even if some people would say RIA is better, we’re cleaner, I wouldn’t say that. To me, it’s all about what an advisor’s goals are and then matching that up with what these firms do. And there’s never a perfect option. I jokingly say, “If there was a perfect firm, we wouldn’t be in business.” Every firm has their advantages or disadvantages. And depending upon where an advisor’s coming from, their style of business, their pain points, that’ll match up really well with on firm or one type of firm or one model than the other. Let’s pivot a little bit to the RIA world. A lot of your comments have been more about advisors affiliating or joining RIAs, this whole supportive version of independence concept. But what about advisors who want to go and start their own RIA? Either they’re leaving a captive firm and taking the entrepreneurial route and starting their own firm, or they’re leaving an independent BD to go start their own RIA. What do you see as some of the biggest misconceptions that advisors have about that move? Joshua Tomolak: That’s probably my favorite topic because there are the most misconceptions I think in this space. Louis Diamond: I’d agree. Joshua Tomolak: And I would say there’s 9 out of 10 conversations that I have with advisors and teams, they start off with the launching an RIA in mind or at least RIA curious and they want to understand what’s out there. And probably less than half the time do these folks end up actually launching their own RIA, which is okay because the ones that do are massively successful and they know they’re dang sure that’s exactly what they want to do. I think it gets a little bit romanticized sometimes that they’ll say, “Oh, I’ll just give Schwab a call,” or, “I’ll just give the custodian a call,” as if they were shopping independent broker dealers. That’s fine. You can do that and they will help you, but there’s quite a bit more to think about. And it’s not, in my opinion, the same as evaluating independent broker dealers. If it’s all right, I was taught the four pillars of the RIA model. I can go through that with you really quickly. So the way to think about the RIA space is in four pieces. And shout out to a friend, Eli Suarez, that taught me this years ago. The first pillar… Thinking of four pillars on a bar stool, if you will. The first one being administration. And this is your compliance, this is setting up your ADV, your LLC, all of your business formation documents. The second piece being technology, what do you actually want to use? Because the benefits of the broker-dealer world and the supported independent world is they’ve already built it for you. They’ve already paid for it and scraped their knees building it. In this case, you have to. And for some people, that’s really exciting to source financial planning software and portfolio management software and your CRM and tax software, et cetera. For some people, it just sounds like a huge headache. The third pillar being custodians. I have them third because you want to make sure that the right custodian can integrate properly with the technology that you’ve sourced that you’re passionate about. And then ultimately transition. What does a transition really look like? What are my legal and regulatory requirements? How does this work? What are the timelines? Things of that nature. So I guess I would say in closing that if those four things are things that you really want to own, then you’re in a really good position to consider an RIA launch. What do you think, Louis? Louis Diamond: I think that’s a great framework to break it down. Not just be like, “Okay, I can tolerate that,” or, “My team can do it,” but I think you have to be pretty excited about rolling up your sleeves and customizing and doing it yourself because in our experience, there’s a nominal differential between the economics of running your own RIA versus affiliating with an RIA or going to an independent BD. All the extra work and responsibility, you’re not really going to make it up, at least on the front end, on a higher net payout. So it has to be more about what the model means to you and having a vision that you don’t think anyone else can accomplish other than yourself. And looking at that crazy ever-expanding Michael Kitces’ FinTech map and there’s 500 different logos on it and being like, “Yes, that’s what I want. I want to go through this. I want to pick the seven pieces of my tech stack that work for me,” rather than getting, “Here’s the tech stack, take a demo, you like it, you don’t like it, take it or leave it.” To me, the two biggest misconceptions people have about the RIA world is one, “I’m going to have to be a full-time chief compliance officer,” and just that compliance is this boogeyman, this terrible, scary thing. In some ways it is. But the reality is most, especially startup RIAs will fully outsource compliance to a firm or they’ll hire a compliance consultant or firms that are big enough even will hire a CCO or repurpose someone on their team to be CCO. But compliance is much more streamlined and simpler than BD compliance. And ultimately, it’s compliance that’s being built for your business rather than compliance that’s being built for a publicly traded multinational company that supports 20,000 financial advisors. So I think compliance is always a big misconception. It’s definitely what a lot of firms will pry upon when they’re saying like, “Oh, you’re going to own all the legal and regulatory requirements. You could, but it’s definitely not a requirement.” And then I think another one is folks sometimes underestimate and overestimate the operational burden and how much work it is to start an RIA. Sometimes people just… They’re perfect for the RIA world, that’s their goal, but they get stopped in their tracks. They don’t really know what to do. But what we’ve seen, we said it earlier with so many different outsourcing solutions and different service providers that have popped up, if you have the fire in your belly to go build something, it doesn’t mean you’re doing it by yourself. I mean, that’s what firms like ours do. The custodians are very helpful. On the flip side though, I have seen advisors chasing payouts say, “Hey, I’m just going to go start an RIA because I want to make another 1 to 3%,” or whatever it comes to and they drastically underestimate what it really takes to build a successful firm. Joshua Tomolak: Exactly right. I think that’s my favorite one, Louis, overestimating and estimating the operational burden there is you could have the same conversation with two teams and it can go the completely different direction. Louis Diamond: Josh, let’s wrap here. I got one more question for you that I think is an exciting one, but give me three key trends or storylines that most people don’t know about or aren’t talking about that you’re passionate about or that you’re sharing with advisors or counseling today. Joshua Tomolak: Sure. This is the free advice portion. And I’ll tell you what, Louis, if it’s all right with you, I’ll give you two and I would love to hear one from you as well. The first one I’ve seen in both the independent broker-dealer and RIA space is the minority investor concept. A lot of folks will talk about the idea of taking chips off a table and starting to partially monetize your business. I think that’s all important, but what I’ve found is that a lot of advisors really want their partner, whether it’s an RIA broker dealer to help them grow. And that could be with M&A opportunities, that could be with traditional recruitment of advisors, that could be building a business plan. But the minority investment part really helps accelerate that for a lot of businesses because all of a sudden, not only are you cashing out a small part of your business, but you’ve just created an ally with the parent entity, it is now much more likely to help you grow in that capacity because they’re insulated from it and they profit when you profit. So I think it’s easy to be shortsighted and say, “Well, my equity’s going to keep growing. Why would I sell you a piece of this?” But I counsel folks often to really think about what that long-term strategic partnership is and making somebody a real equity partner rather than just a vendor that provides you with technology and regulatory coverage. The other one I’d say is that… And this one’s really important to me, that business formation is far more important than your assets under management. Said a different way, the way you build your business is going to make your business far more valuable than the number of dollars underneath your name. And what I mean by that is, just to use an example, a sophisticated, well-built, centralized, scalable and repeatable business, whether it’s an RIA with a broker-dealer that is going to fetch a far higher M&A multiple than a OSJ that’s five times the size that just has a bunch of 1099 independent advisors underneath the umbrella. What we’ve seen in the M&A space is that if you’re going to shell out 50, 60, $80 million for somebody’s business, you want to know that you have this business for the long term. So I would certainly counsel people that have been around maybe far longer than me to take a look at how you’re building this and put together a business plan on what those next 10 years should look like and not necessarily fall into the trap where your only revenue source is the override that you receive from a firm and then you in turn pay to the advisors on your team. Louis Diamond: Well said. I really like that line. We’d probably do a whole episode on what are the tips and tricks for building a business with the end in mind? Like the Covey quote, “Begin with the end in mind.” Transitions are like… They’re a bear. I mean, there’s no way to sugarcoat it. Advisors, when they hear transition, if you ask them, “Don’t think about it, give me your reaction.” “Terrible, risky, a lot of work. I’ll never do it again. My friend did it and it was terrible. What if my clients don’t come?” It’s all these negative emotions. And in many cases, I don’t blame an advisor because it is a big act. But to me, if someone is weighing making a transition, whether a wholesale business model change going from being an employee to being independent, going from being an advisor at an independent BD to starting an RIA, or even going independent BD to independent BD, it’s an opportunity if you rise to the occasion to build with this next act with intentionality. So whether it’s restructuring compensation for your team, converting people from 1099 to W2, putting in place new workflows, changing how investments, instead of it being each individual advisor doing investments to more of a centralized model, cleaning up workflows, really investing in data, investing in AI. It’s something that I think, again, we can have a whole episode on it, but I think it’s a great one. Build the business the right way. And obviously, businesses that are larger, theoretically, sell for more, but we’ve certainly seen businesses that are half the size of a larger one sell for a similar amount or more because they did all the right things and the larger one did the things that really turn off a buyer or detract from a valuation. Let me give you one more and tell me if you agree, but I think we’re in this moment when Altruist, the upstart, a new kid on the block custodian, they launched a basically tokenization of cash in a way to automatically agentically source or sort cash to the highest yielding money market. And you’re like, “This is fricking wonky. Louis, why are you telling us this?” I think this is an important one just to keep a watchful eye on. I have no idea how this is going to shake out, but really the biggest way that independent BDs or even custodians like Schwab and Fidelity really make money, it’s not on their overrides from practices or the admin fee or the custody fee. It’s really on net interest margin. So how much the broker-dealer or the firm is making on client cash and brokerage accounts relative to what they’re paying out the client. It’s essentially like free margin to these firms. And this concept, I think, has massive potential for disruption for the business model. Again, I don’t know what it’s going to look like, whether it means platform fees that are instituted at all these firms, whether it means certain models would be more beneficial than others, whether it means nothing’s going to change, which is probably the right answer given this industry. But it’s something to keep a watchful eye on just if your firm institutes a new platform fee or there’s a fundamental way in which your firm can no longer make money. How are they going to make it up? Are they now going to be uncompetitive? They’re not going to have as much scale or profits to invest in the platform. Is it going to cause even more consolidation in the industry? So to me, that’s the one pretty under the radar, pretty wonky storyline that I don’t think enough people are talking about, but has the biggest possibility for disruption across their space than anything I’ve seen in a while. Joshua Tomolak: Sure. That’s the whole iceberg. Not a lot of people are talking about it. It’s not poking out of the ocean, but it’s going to be continuously brought up. I think it’s a question that a lot of advisors are going to have to ask these firms. And at the end of the day, the firms aren’t the bad guys. They have to make money too to provide a quality product. So where the money comes from matters. Louis Diamond: Exactly. Josh, this has been awesome. I learned a lot talking with you and just having your objective consulting hat on what I think are really the differences between IBD and RIA and some of the key trends and storylines to watch has been instrumental. I’ll also give a plug that on our website and we’ll link to it in the show notes, we have a really helpful one-page reference guide going through the differences between independent BDs or IBDs and RIAs. So feel free to click on it. We’ll make sure it gets in your inbox. Josh, thanks again for joining us today. Joshua Tomolak: Yeah, thanks for having me, Louis. It was a pleasure. Mindy Diamond: As a financial advisor, you hold yourself to the highest standards of integrity, honesty, and credibility. You are successful because you take your professional responsibilities seriously and are dedicated to your clients. But are you living your best business life? Are your goals aligned with your firms or could a better option exist? Should I stay or Should I Go? is a book written with you in mind. It’s a self-guided journey that walks you through the key steps that we take with our advisor clients. This strategic thought process and roadmap to professional self-discovery is designed to help you ask the right questions and think critically and objectively whether you’re considering change or not. Learn how to get your copy at diamond-consultants.com/thebook. IBD vs. RIA: A Special Industry Update on Independence A conversation with Louis Diamond and Josh Tomolak, Vice President of Independent Advisor Services at Diamond Consultants.      Louis Diamond: Welcome to the latest episode of our podcast series for financial advisors. Today’s episode is IBD vs. RIA: A Special Industry Update on Independence. It’s a conversation with Josh Tomolak, our Vice President of Independent Advisor Services. I’m Louis Diamond, and this is the Diamond Podcast for Financial Advisors. Mindy Diamond: At Diamond Consultants, we help elite advisors identify the right environment for their businesses to thrive, whether that’s at a wirehouse, boutique, or independent firm. With nearly three decades of experience, we’ve guided thousands of advisors and represented more than a quarter of a trillion dollars in assets transitioned. And each year, one in four advisors managing a billion dollars or more who change firms are our clients. Our process is education driven and based on building relationships, starting as your strategic partner well before you’re even thinking of a move. To schedule a confidential conversation, call us at (908) 879-1002. Wondering why advisors change firms and where they’re headed? Are transition deals going up or down? Those very questions and more inspired us to create our annual advisor transition report. It’s the award-winning data-driven resource designed for advisors that connects the dots between the motivations around movement and the firm’s appetite for top talent. Arm yourself with the knowledge you need to make smart decisions. Download your copy at diamond-consultants.com/transitionreport. Louis Diamond: For a long time, going independent would suggest the destination. Today, it’s often the beginning of a different conversation. As the independent space has matured, advisors have more choices than ever before. Broker-dealers have expanded their capabilities. The RIA ecosystem has become increasingly sophisticated. Capital is more readily available and support models now exist that would’ve been difficult to imagine a decade ago. The result is that many advisors who are already independent are taking a fresh look at whether their current affiliation still aligns with what they’re trying to build. My guest is Josh Tomolak, Vice President of Independent Advisor Services here at Diamond Consultants and our resident expert on independence. Josh spends his days helping advisors evaluate independence in all its forms from independent broker dealers, the fully independent RIAs and everything in between. And his knowledge is critical because the distinction between these models is often blurred. Many broker dealers now offer pathways to greater autonomy while supported independence has made RIA ownership more accessible than ever before. So the question is no longer simply, “Do I want to go independent?” The question is, “What kind of independence makes the most sense for client, business, and go

Reworked's The State of the Digital Workplace 2026 report landed with some good news and some bad news. First, the good news: 82% of leaders surveyed called the digital workplace a critical or high priority for their organization. Now the bad: only 19% said the employee experience their digital workplace delivered was frictionless.  "Where things have really fallen down is making those systems work for employees, or making it work on the level of the employee job experience," said Sarah Kimmel, VP of Research at Simpler Media Group, Reworked's parent company. On this episode of Get Reworked, Sarah digs into the gap between the two and explores the similarities and differences between the current AI digital transformation and the one organizations went through during the pandemic. 

Becky, MJ and Snap discuss some of the most improved players of 2026. Also, Becky reviews the 2026 All-Star experience in Chicago. Tune in!

It's time to circle back to a topic from much earlier in the How Preschool Teachers Do It podcast! It's been years since we started talking about separation anxiety on the podcast. Join Cynthia and Alison as they discuss whether the ways we help children through separations have improved.Check out our website:  https://www.howpreschoolteachersdoit.com/Be sure to like our Facebook page:  https://www.facebook.com/howpreschoolteachersdoitLearn more about Cynthia's work, including professional development, family education, and consulting opportunities:  https://hihello.com/hi/cindyterebush-RXMBKASubscribe to Cynthia's SubStack for free to receive articles and more in your email:  https://substack.com/@cynthiaterebush

What do you know, Wildlings? It's the 22nd episode of Wild Interest! Join us on our quest as we interview quantum physicist Dr. Shohini Ghose about the history of her quark-y field and her own personal journey of discovery along the path! Then, ready your blindfolds and prep your palettes – it's time for another installment of Feeding Ben Stuff, featuring Louise! Plus, Nichole shares a special report about the 2026 World Cup and all the enchanting soccer cheers from around the globe. Finally, we pay tribute to the late, great Dr. Jeff Meldrum, renowned anthropologist, professor, and lifelong Bigfoot researcher by returning to the very first Cryptid Corner EVER! And, we've got a super special new segment called “We Made It All Up!”, an improvised storytelling collaboration between three different schools from across the US! Starting the story off are 6th graders from Rocky Heights Middle School in Highlands Ranch, Colorado. They passed their part of the story to 8th graders at Rocky Heights, who then sent all their recordings to the 5th graders at St. Veronica Catholic School in Cincinnati, Ohio! Finally, our Penpal by Podcast collaborators, the 5th grade class at Crow Agency Elementary in Crow Agency, Montana, brought the whole made-up journey to an end! Not to mention some hilarious jokes and one doozy of a riddle. So grab a snack, tell a friend, stay curious and, as always: keep it WILD!!!Parents: visit our website to help your kids contribute jokes or favorite sounds, or to send us a message.Timestamps for this episode are available below.00:00 - Episode 22 Intro01:27 - Dr. Shohini Ghose11:19 - Riddle Clue11:34 - World Cup Fever!16:49 - Favorite Sound18:06 - Call for Submissions!18:34 - Feeding Ben Stuff: Louise's Turn28:18 - Joke Time29:10 - We Made It All Up!32:56 - Grandparent Stories: Nichole's Grandma44:05 - Cryptid Corner: Bigfoot with Dr. Jeff Meldrum53:12 - Riddle Answer53:30 - Preview of Episode 2353:42 - Credits + Call for Reviews + Word of Mouth!54:13 - BloopersFor more quality content from students at Rocky Heights Middle School and St. Veronica Catholic School, check out 2025 NPR Student Podcast Middle School Honorable Mentions “A Late Start Would Be Smart”, “Are You Smarter Than AI?”, “Mystery Unknown!”, and “The Flaws of School – Should Schools be Improved to Fit Students' Needs?”wildinterest.com

Join larry Kudlow as he speaks with EJ Antoni about working class wage increases, how the increases compare to the rate of inflation, and more on WABC.

Pre-show: Marco’s Mac mini catastrophe CyberLynk / Mac Mini Vault The dead ATS The proposed replacement

Steve Palazzolo joins the show to discuss why Jayden Daniels is the best scrambling quarterback in the NFL and which teams to look out for this season.

Jacob Gibbs and Dan Schneier discuss the group of running backs that could have big years behind a new-and-improved offensive line.0:00 Intro + Dan loves offensive line improvement! Yeah!1:00 We're talking RBs with better offensive lines in 20264:15 Omarion Hampton8:00 Breece Hall12:30 TreyVeyon Henderson / Rhomandre Stevenson20:00 Quinshon Judkins26:00 Ashton Jeanty33:30 Kenneth Walker38:00 Cam Skattebo42:00 Bucky Irving47:00 Saquon Barkley

The news of Texas covered today includes:Our Lone Star story of the day: There is much ado about non-citizens voting with the latest scandal in Democrat New Jersey where a bunch of them have been voting. The real question is why are so many vehemently opposed to move that will improve the integrity of our elections – especially the perception of integrity held by members of the public? Why should flaws, even if not exploited often, not be fixed? Non-Citizen Voting Scandal Gets Worse: Software Giant Blames Election Officials, CA Gets Dragged In Hundreds of non-citizens voted in NJ elections since 2023 — but Dem gov still blames Trump  Texas Public Policy Foundation: How to Ensure That Only Citizens Vote Texas Voter Suit Continues Despite Trump Verification Overhaul Our Lone Star story of the day is sponsored by Allied Compliance Services providing the best service in DOT, business and personal drug and alcohol testing since 1995.The Fifth Circuit Court of Appeals Just Issued a Major Ruling on Illegal Aliens.Gary Boren, candidate for city council in Lubbock's District 4 special election runoff, joins us.Editorial: Travis County district clerk should challenge $27,000 juror payouts – no kidding!Hood County Officials Denied Immunity in Meme Arrest Lawsuit – very good.Listen on the radio, or station stream, at 5pm Central. Click for our radio and streaming affiliates.www.PrattonTexas.com

The Drive argued about where the positions are on the Chiefs roster where they dramatically better at heading into the 2026 season.

Domonique Foxworth and Charlie Kravitz are joined by Mina Kimes to preview the NFL's most improved offensive situations heading into next season. They break down Mike McDaniel's impact on Justin Herbert and the Chargers, the Raiders' new offense with Fernando Mendoza and Klint Kubiak joining Brock Bowers, and give their expectations for Justin Jefferson, AJ Brown, and Lamar Jackson in their new-look offenses.   0:00 Intro 5:03 NFL new-look offenses 6:17 Chargers with Mike McDaniel 15:44 New-look Raiders offense 24:00 Justin Jefferson with Kyler Murray 27:25 AJ Brown with the Patriots 30:55 Lamar Jackson in a new offense 38:00 Teams prioritizing tight ends more Learn more about your ad choices. Visit podcastchoices.com/adchoices

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