Podcast appearances and mentions of michael liersch

This week, WealthTech on Deck producer Matt Nollman takes over hosting duties to interview Jack Sharry about the podcast's standout moments of 2024. They discuss the evolution and future of UMH, including the transformative impact of LifeYield's recent acquisition by SEI. Jack highlights pivotal industry conversations with leaders advancing UMH capabilities, explores strategies for overcoming implementation challenges, and emphasizes the importance of innovation for financial advisors and firms. Jack also shares key career advice that has shaped his professional journey. In this episode: (00:19) - Year-end wrap-up and review (00:58) - The dawning of UMH (03:10) - Defining UMH and its importance (04:41) - Key elements of UMH (07:43) - UMA vs UMH (09:15) - Memorable episodes from 2024 (13:25) - AI, research, and the digital frontier (15:01) - Building multi-account UMH capabilities (19:05) - Career advice and closing thoughts Quotes “Through this acquisition, SEI will be the first in the industry to provide real-time, automated, unified managed household or UMH capabilities in a cost-effective, fully bundled overlay solution.” ~ Jack Sharry “The single biggest challenge we find is getting all the departments, all the silos to work together. And that is also why it is important to have a single executive sponsor or leader.” ~ Jack Sharry “Improving after-tax returns and income is inherently a multi-account exercise.” ~ Jack Sharry Links  SEI: https://www.seic.com  Morgan Stanley: https://www.morganstanley.com  MoneyGuide Pro: https://www.moneyguidepro.com  Tifin: https://tifin.com  Wells Fargo: https://www.wellsfargo.com  EY: https://www.ey.com  Franklin Templeton: https://www.franklintempleton.com  Matt Nollman: https://www.linkedin.com/in/mattnollman  Mark Hoffman: https://www.linkedin.com/in/mark-hoffman-16946359  Martin Cowley: https://www.linkedin.com/in/martincowley  WealthTech in the Weeds with Charles Smith: https://wealthtechondeck.com/episodes/wealthtech-in-the-weeds-with-charles-smith  WealthTech in the Weeds with Rose Palazzo: https://wealthtechondeck.com/episodes/wealthtech-in-the-weeds-with-rose-palazzo-and-mark-hoffman  WealthTech in the Weeds with Jeff Benfield: https://wealthtechondeck.com/episodes/wealthtech-in-the-weeds-with-jeff-benfield-and-martin-cowley  WealthTech in the Weeds with Eric Lori: https://wealthtechondeck.com/episodes/wealthtech-in-the-weeds-with-eric-lordi-and-martin-cowley  WealthTech in the Weeds with Roger Paradiso: https://wealthtechondeck.com/episodes/wealthtech-in-the-weeds-with-roger-paradiso  The Evolution and Resurgence of SEI with Ryan Hicke and Sean Denham: https://wealthtechondeck.com/episodes/the-evolution-and-resurgence-of-sei-with-ryan-hicke-and-sean-denham  The Age of the New Wealth Portfolio with Erich Holland: https://wealthtechondeck.com/episodes/the-age-of-the-new-wealth-portfolio-with-erich-holland  Unlocking the Potential of Generative AI in Asset and Wealth Management with Amy Young: https://wealthtechondeck.com/episodes/unlocking-the-potential-of-generative-ai-in-asset-and-wealth-management-with-amy-young  Unlocking AI's Potential in Wealth Management with Rob Pettman: https://wealthtechondeck.com/episodes/unlocking-ais-potential-in-wealth-management-with-rob-pettman  WealthTech in the Weeds with Michael Liersch: https://wealthtechondeck.com/episodes/wealthtech-in-the-weeds-with-michael-liersch-and-harry-bartle  Scott Smith: https://www.linkedin.com/in/scott-smith-148360  Financial Advisor Magazine: https://www.fa-mag.com  Frances Frei: https://www.linkedin.com/in/francesfrei  Edward Jones: https://www.edwardjones.com  JP Morgan: https://www.jpmorgan.com  Merrill: https://www.ml.com  Harvard Business School: https://www.hbs.edu  Connect with our hosts LifeYield Jack Sharry on LinkedIn Jack Sharry on Twitter Subscribe and stay in touch Apple Podcasts Spotify LinkedIn Twitter Facebook

WealthTech in the Weeds is a series covering the broad yet critical path to financial services. The goal is to get together with industry experts and get into the details of building an effective, productive, coordinated, and comprehensive advice system. In this episode, Jack talks with Michael Liersch, Head of Advice & Planning at Wells Fargo, and Harry Bartle, Executive Vice President of Enterprise Sales at LifeYield. At Wells Fargo, Michael leads a team that delivers comprehensive planning services and growth strategies. He is responsible for developing research-based methods to help advisors and clients productively collaborate around their money decisions. As EVP of Enterprise Sales, Harry is responsible for developing relationships with the largest financial services firms in the world. He has more than 20 years of experience driving revenue for many innovative companies across the financial industry.  Jack talks with Michael and Harry about LifeSync, a groundbreaking tool that provides clients with a hyper-personalized financial planning experience. They discuss how LifeSync connects and coordinates the many systems at Wells Fargo so they can turn guidance into actions that improve results. They also share the importance of understanding consumer needs, data-driven insights, and how LifeSync offers digital comfort to consumers. Key Takeaways [02:58] - Michael's role at Wells Fargo. [05:43] - How LifeYield serves its clients.  [08:27] - LifeSync's founding principle. [09:28] - LifeSync's key features. [16:13] - How LifeSync transforms financial advice. [20:19] - Hyper-personalization and why it matters. [25:12] - How LifeSync addresses personalization. [28:50] - What personalization is like from the customer's standpoint. [30:41] - LifeSync's three main areas of focus. [34:10] - Michael's and Harry's key takeaways. Quotes [03:45] - "When we think of clients and institutions we work with at Wells Fargo, we want to come to them as one organization that meets their needs, either personally or professionally." ~ Michael Liersch [08:36] - "We want LifeSync to be a real conduit for an actual human being to represent themselves as they are. Our customers and clients want to reflect themselves as individual human beings on their own terms." ~ Michael Liersch [17:14] - "With LifeSync, you can really talk to your advisor, be more transparent, and have a unique approach where the customer is upfront and communicated. And Wells Fargo is building a technology around that, which is revolutionary." ~ Harry Bartle [29:06] - "We don't need to be everything for everybody. Consumers want to see the different options and what's recommended, but they want to choose based on their beliefs." ~ Harry Bartle Links  Michael Liersch on LinkedIn Harry Bartle on LinkedIn Wells Fargo Connect with our hosts LifeYield Jack Sharry on LinkedIn Jack Sharry on Twitter Subscribe and stay in touch Apple Podcasts Spotify LinkedIn Twitter Facebook

 Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Crawford Del Prete, President at IDC, shares his thoughts on Hewlett Packard Enterprise as the company reduced its outlook for sales growth and profit in the current fiscal year, citing lower demand for networking products and a crunch in computer chip availability. Michael Liersch, Head of Advice & Planning at Wells Fargo, discusses the results of the firm's Money Study on how people are managing their money.Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

 Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Crawford Del Prete, President at IDC, shares his thoughts on Hewlett Packard Enterprise as the company reduced its outlook for sales growth and profit in the current fiscal year, citing lower demand for networking products and a crunch in computer chip availability. Michael Liersch, Head of Advice & Planning at Wells Fargo, discusses the results of the firm's Money Study on how people are managing their money.Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

The wealth management industry is synonymous with high-touch, personalized service. Clients and advisors seek intuitive tools, seamless experiences, and a clear roadmap to achieving their financial aspirations. While keeping pace with client expectations and market demands requires constant innovation, some may envision grand, disruptive technologies. However, it's the simple and practical innovations that often have the most transformative impact. In this episode, Jack talks with Michael Liersch, Head of Advice & Planning at Wells Fargo. In this role, Michael leads a team that delivers comprehensive planning services and growth strategies. Before joining Wells Fargo, Michael held leadership positions in companies such as JPMorgan Chase, Merrill Lynch, and Barclays Wealth. He was also a faculty member at New York University, where he taught management and organizational analysis. A real champion and maker of innovation, Michael talks with Jack about the practical approach to innovation and improving the advisor, client, and consumer experience. He shares insights into the development of LifeSync, a practical and user-friendly tool that allows clients to articulate their financial goals and track their progress. Michael also discusses the importance of simplicity and authenticity in innovation and the challenges and obstacles faced in the process. Key Takeaways [02:54] - LifeSync and its core features. [07:32] - LifeSync's practical use of data. [09:40] - Michael's motivation for creating practical innovations. [15:03] - How to build trust in the advisory space. [17:37] - The obstacles to innovation. [21:14] - What's next for LifeSync and Wells Fargo. Quotes [11:57] - "People didn't want this notion of, 'Well, there are three simple ways to get rich. There are three simple ways to invest. There are three simple ways to save.' What they wanted was to be very authentic." ~ Michael Liersch [15:07] - "Trust is built via listening. But not only reflecting on what you hear, it's also doing something about it." ~ Michael Liersch [19:08] - "Often, you think of innovation as this big disruptive moment. Well, real innovation is bite-sized incremental change." ~ Michael Liersch Links  Michael Liersch on LinkedIn Wells Fargo NYU Stern Merrill Lynch J.P. Morgan The NextChapter Innovative Summit Connect with our hosts LifeYield Jack Sharry on LinkedIn Jack Sharry on Twitter Subscribe and stay in touch Apple Podcasts Spotify LinkedIn Twitter Facebook

Michael Liersch, head of advice and planning for wealth and investment management at Wells Fargo, joins Jaime Catmull on the Live Richer Podcast to discuss the importance of setting small, specific goals, prioritizing financial intentions, and embracing fun while building wealth. They explore the complexities of individuals' relationships with money and offer insights on how to make intentional decisions about spending and saving. This episode emphasizes the need to align financial goals with personal values and desires.Key Points/Topics Covered: The importance of setting realistic financial goals and celebrating small wins. The pressure to show off flashy spending on social media and the need for intentional spending communities. Understanding and addressing emotions and motivations behind spending habits. Balancing financial security with enjoyment and avoiding the concept of personal sacrifice. Listen in to Jaime and Michael to embrace intentional spending, set small goals, and celebrate each milestone on your journey to living richer.

#BRNAM #1301 | Half of Business Owners Do Not Want Their Children to Inherit, Run Business   |  Michael Liersch, head of Advice & Planning for Wells Fargo Wealth & Investment Management | #Tunein: broadcastretirementnetwork.com or your #favorite #streaming / #podcast / #smarttv / #localtv / #digital #platform

Are financial advisors addressing their client's financial vulnerabilities? In order for your clients to truly understand and make progress on their financial and life goals we have to help them break through any vulnerabilities they may have when it comes to their money. Join us as we speak with special guest Michael Liersch as we talk about how difficult it is to talk to clients about their money and how to connect it with great advice engagement and ultimately product placement.Michael, Adam, and Derek chat about:Vulnerability of financial conversations (shame/embarrassment/hiding/discomfort/confidence/bias/fear)The role of deliberative thinking and the important role advisors playThe best definition of what an advisor does for clientsA time tested repeatable processSpeaking a language clients can understand in jobs to be doneAnd lots more!Resources:Connect with Michael Liersch on LinkedInCheck out LifeSync by Wells FargoFollow RethinkFA on LinkedInListen to RethinkFA on YouTube PodcastsApply to be a guest on the RethinkFA Think TankConnect With Adam Holt:Schedule an Asset-Map DemoAsset-Map LinkedIn: Adam HoltLinkedIn: Asset-MapFacebook: Asset-MapTwitter: Asset_MapConnect With Derek Notman:Schedule a Call with DerekConneqtorLinkedIn: Derek NotmanLinkedIn: Conneqtor Twitter: Derek NotmanTwitter: ConneqtorFacebook: Conneqtor Hosted on Acast. See acast.com/privacy for more information.

American families dislike talking about money – a recent Wells Fargo survey found that 40% of people would rather talk to their parents about their funeral plans than about their financial plans. Michael Liersch, head of advice and planning for Wells Fargo Wealth and Investment Management, joins us with insights on how banks can help families build more open relationships about money, and why it's in the banks' interests to do so.

As financial services advance, people increasingly use digital tools and platforms to manage their finances. While these tools can be highly effective, they may not always align with the person's values and aspirations. How can people utilize new technologies and platforms while ensuring that their financial decisions align with their values and aspirations rather than simply following algorithms or generic advice? In this episode, Jack talks with Michael Liersch, Head of Advice & Planning for Wealth and Investment Management at Wells Fargo. In his role, Michael is responsible for developing and propagating research-based methods to help advisors and clients productively collaborate around their money decisions. Before joining Wells Fargo, Michael held executive roles in companies such as JPMorgan Chase, Merrill Lynch, and Barclay's Wealth Americas, where he developed a deep understanding of people and money and how to help advisors provide clients with a better experience. With a mission of helping people make better money decisions, Michael speaks to Jack about LifeSync, the new tool he and his team have developed that leads the way to a compelling future for the advice experience. Key Takeaways [02:01] - What Wells Fargo's LifeSync is all about. [09:32] - The inspiration behind LifeSync's foundation. [15:52] - How LifeSync works. [21:23] - How the many changes in the way things are going are wearing people out. [24:17] - How LifeSync facilitates human collaboration. [29:06] - LifeSync's approach to money management. [34:04] - How LifeSync makes sophistication and complexity work together. [36:22] - Michael's three key takeaways. Quotes [12:02] - "People don't tell their advisors as much as they want to about their purpose for their money, whether it's their work life or family, but they are much more willing to give personal information to their mobile devices. And that was the inspiration behind LifeSync." ~ Michael Liersch [28:31] - "LifeSync creates a much more fluid and normalized way of talking about money. That's where we want to take this — normalizing money conversation and the connection between money and meaning." ~ Michael Liersch [30:51] - "Clients put their money where the value and experience give them the most. It's not about account aggregation and asset location. It's about putting everything together and the value of the advice provided." ~ Michael Liersch Links  Michael Liersch on LinkedIn Wells Fargo LifeSync eMoney Advisor John Thiel Merrill Lynch Ken Dychtwald Riley Etheridge Connect with our hosts LifeYield Jack Sharry on LinkedIn Jack Sharry on Twitter Subscribe and stay in touch Apple Podcasts Spotify LinkedIn Twitter Facebook

The choices people make about their financial future are some of the most important decisions in their lives. Knowledge and experience affect decision-making, but so do emotional and cognitive biases. How can people overcome their biases and achieve their financial objectives? In today's episode, Jack talks with Jess Liberi, Head of Product at eMoney Advisor, and Michael Liersch, Head of Advice & Planning at Wells Fargo.  As the Head of Advice & Planning at Wells Fargo, Michael is responsible for the delivery of all comprehensive planning services and sales strategies for clients of Wells Fargo Private Bank and Abbot Downing. In her role as Head of Product, Jess brings eMoney Advisor's product vision and strategy to life. She focuses on the evolution and development of eMoney's robust portfolio of products, creating a powerful user experience across the platform. Working closely with financial advisors and advisory firms, Jess immerses herself in their world to fully understand their needs.  Jack talks with Jess and Michael about how the partnership between eMoney and Wells Fargo can deliver huge value to clients, why having a deeper human connection can help advisors understand what clients are trying to achieve, and what the next best step is to put financial advice into action. Key Takeaways [01:03] - Jess's role at eMoney and Michael's role at Wells Fargo. [02:22] - How eMoney fits into Wells Fargo's comprehensive plan. [06:30] - The role of eMoney in the wealth system. [10:41] - How understanding the behavioral aspects of human beings is crucial to setting financial goals. [16:47] - How advisors can contribute to having a sense of financial peace of mind. [18:54] - Why human perspective plays a major role in financial planning. [24:19] - The challenge of getting people to realize their financial future. Quotes [06:48] - "What has been really unique from the beginning is how closely aligned our two organizations are on our views of the value of planning and the criticality of access to planning to more and more people." - Jess Liberi [18:54] - "I think the first thing that we all need to acknowledge is that to understand the human being, you need to understand their identity and their past because that's idiosyncratic to each human being. That's not a common answer and the question means something different to everybody." - Michael Liersch [24:22] - "It's oftentimes difficult for people to truly comprehend the small changes that they can make today with substantial impact to their financial future tomorrow. So to the extent that we can help bridge that gap and kind of draw that line and connect today and actions that they take today, to the future, and the possibilities of the future, we've got work to do there, but making headway." - Jess Liberi Links  Jessica Liberi on LinkedIn Michael Liersch on LinkedIn E-Money Wells Fargo Plaid Connect with our hosts LifeYield Jack Sharry on LinkedIn Jack Sharry on Twitter Subscribe and stay in touch Apple Podcasts Spotify LinkedIn Twitter Facebook

In this episode, Jack Sharry talks with Michael Liersch, Head of Advice & Planning at Wells Fargo. They dive into Michael's transformative approach to financial decision-making and what drives his desire to improve financial opportunities for future generations. With a background in academia, Michael took a somewhat unusual path to the financial industry. Growing up in a household where money wasn't always well-handled, he became fascinated with his own financial psychology and knew his career path would involve helping others. So he began teaching at NYU before transitioning into the corporate sector where he could help clients directly and in real-time. Now at Wells Fargo, Michael breaks down his industry-first approach to helping clients make better financial decisions. “I think a key piece is to always speak in data and fact around the mission of the organization and the transformation exercise. And the data and facts that I always love talking about are around real human beings. What are the jobs that real humans want to be done with their money? And that has really inspired people intrinsically to say, ‘Yes! This is a purpose-driven organization!' In that way, it becomes a very exciting mission.” ~ Michael Liersch Main takeaways  Michael's three-pronged approach is to 1) ask clients to look back at the past, 2) provide clients with options for current action, and 3) introduce a few strategic elements that clients should be thinking about, so it's planted in their mind when they dive into a financial solution. Everyone needs a North Star, or ideal destination, when it comes to financial goals. That long view should always be considered when making financial decisions. It's ok to course-correct along the way because, as 2020 has taught us, sometimes life happens. It's important that staff and clients are on the same page when it comes to company ideas, values, and benchmarks.  Links WellsTrade Intuitive Investor Michael on LinkedIn Connect with our hosts LifeYield Jack Sharry on LinkedIn Jack Sharry on Twitter Subscribe and stay in touch Apple Podcasts Spotify LinkedIn Twitter Facebook

What characteristics are possessed by the most successful financial advisers? Can those characteristics be learned, or is success largely hardwired into personalities? What does human behavior tell us about the mistakes investors commonly make while working with advisers? Our guest, Michael Liersch of Wells Fargo & Co., has built his career around the development and propagation of research-based methods for helping advisers and clients collaborate in the most productive ways possible around their money and investing decisions. (03/2021)

What characteristics are possessed by the most successful financial advisers? Can those characteristics be learned, or is success largely hardwired into personalities? What does human behavior tell us about the mistakes investors commonly make while working with advisers? Our guest, Michael Liersch of Wells Fargo & Co., has built his career around the development and propagation of research-based methods for helping advisers and clients collaborate in the most productive ways possible around their money and investing decisions. (03/2021)

Michael Liersch is the global head of wealth planning and advice at J.P. Morgan. He stresses the importance of being transparent about money matters with your family, partner, or friends and how to prevent financial regrets from holding you back from your goals. He also offers advice on mitigating financial anxiety around wedding planning and how to broach conversations with loved ones around money, while suggesting ways to spend more efficiently. See acast.com/privacy for privacy and opt-out information.

This week on Solve It, Global Head of Wealth Planning and Advice, Michael Liersch, shares how investors can leverage an understanding of behavioral economics to achieve their investing goals.

In this episode, we are lucky to have Michael Liersch in the studio. As head of Goals-Based Advice & Strategy at J.P. Morgan Asset & Wealth Management, Michael draws on principles of behavioral finance to help people understand their investing and spending behaviors and set—and reach—their financial goals. With a Ph.D. in Cognitive Psychology from the University of California and a B.A. in Economics from Harvard, Michael brings both qualitative and quantitative skills to bear. In his weekly podcast, My Next Move, Michael shares his insights and delves into actions that can help listeners strengthen their financial health. We learn how Michael and his team come up with ideas for his podcast, how big data factors into his research, and the proper allowance for kids. We cover all sorts of other fun and interesting topics and have a great time. This episode could have gone on forever but sadly we ran out of time. However, you can catch up on all of Michael's podcasts here. It is worth a listen.

In this episode, we are lucky to have Michael Liersch in the studio. As head of Goals-Based Advice & Strategy at J.P. Morgan Asset & Wealth Management, Michael draws on principles of behavioral finance to help people understand their investing and spending behaviors and set—and reach—their financial goals. With a Ph.D. in Cognitive Psychology from the University of California and a B.A. in Economics from Harvard, Michael brings both qualitative and quantitative skills to bear. In his weekly podcast, My Next Move, Michael shares his insights and delves into actions that can help listeners strengthen their financial health. We learn how Michael and his team come up with ideas for his podcast, how big data factors into his research, and the proper allowance for kids. We cover all sorts of other fun and interesting topics and have a great time. This episode could have gone on forever but sadly we ran out of time. However, you can catch up on all of Michael's podcasts here. It is worth a listen.

Why do investors behave the way they do? In this episode (originally aired on 8/6/17), host Ron DeLegge talks with Michael Liersch, head of Behavioral Finance at Merrill Lynch Wealth Management about the good, bad, and ugly behind the money decisions we make. Also, Ron shares tips on how to properly tap Social Security. Be sure to follow us on Twitter @ IndexShow and enroll in Ron's online classes and learn how to invest the right way! www.udemy.com/user/ronald-delegge/?src=sac