Podcasts about painewebber

Christopher Zook is the Founder, Chairman, and Chief Investment Officer of CAZ Investments. He has more than 30 years of experience investing in both traditional and alternative asset classes. Christopher recently co-authored “The Holy Grail of Investing,” with Tony Robbins, which became a #1 New York Times Bestseller. Christopher was honored with the Texas Alternative Investments Association's (TAIA) Lifetime Achievement Award in recognition of his contribution and sustained support of the industry in Texas. He is a regular contributor to major media outlets, including CNBC, Fox Business, and Bloomberg. Prior to starting CAZ Investments in 2001, Christopher served in senior leadership positions with Oppenheimer, Prudential Securities, Lehman Brothers, and Paine Webber. Links: CAZ Investments - https://cazinvestments.com/ Christopher on LinkedIn - https://www.linkedin.com/in/christopher-zook/ Brandon on LinkedIn - https://www.linkedin.com/in/bsedloff/ Juniper Square - https://www.junipersquare.com/ Topics: (00:00:00) - Intro (00:02:29) - Christopher's Early Life and Influences   (00:07:27) - The Impact of Tony Robbins   (00:22:38) - CAZ Investments' Philosophy and Approach   (00:29:55) - Unprecedented Investment Strategies   (00:31:42) - Focus on Downside Risk   (00:33:00) - Predictability and Consistency in Investments   (00:33:35) - Defining the Firm's Unique Position   (00:36:30) - Major Investment Themes   (00:41:13) - Investment Approach and Risk Management   (00:53:37) - Broadening Access to Private Markets   (00:59:07) - Conclusion and Contact Information  

Joseph (“Joe”) DaGrosa, Jr., is the Chairman and CEO of Axxes Capital. Mr. DaGrosa has over 30 years of experience in successfully investing in multiple industries including sports & entertainment, retail, food & beverage, insurance, real estate, hospitality, healthcare, and aviation. Mr. DaGrosa also serves as Chairman of private equity firm, DaGrosa Capital Partners LLC, a Miami-based private equity firm focused on making control and influential minority investments in exceptional companies located throughout the United States, Western Europe and Latin America. In 2019, Mr. DaGrosa co-founded and served as Co-Chairman of Quinn Residences, a $900 million real estate investment trust focused on the acquisition and development of single-family home rentals in prime rental-growth markets throughout the United States. Quinn Residences is now one of the fastest-growing companies in the single-family home rental market. Mr. DaGrosa also served as Chairman of GACP Sports LLC, which acquired F.C. Girondins de Bordeaux, a first-division French soccer team as well as Soccerex Ltd, the world's largest B2B convention business for the global football industry. Previously, Mr. DaGrosa was Co-Founder and Senior Partner at 1848 Capital Partners LLC (“1848”), where he was responsible for all aspects of the firm's private equity investments. In 2003, Mr. DaGrosa and his partners formed Heartland Food Corp. (“Heartland”), an acquisition vehicle that acquired 248 Burger King franchises out of bankruptcy, and successfully co-led the turnaround and sale of Heartland to GSO Capital (now part of Blackstone). In 2008, Mr. DaGrosa co-led the acquisition of Jet Support Services Inc. (“JSSI”), the world's largest independent provider of warranty and insurance programs for the maintenance of private jets. Mr. DaGrosa served as Vice-Chairman and Co-Chief Investment Officer of JSSI until the sale of the company in 2020 to GTCR. Prior to 1848, Mr. DaGrosa was a Partner at Maplewood Partners LP, a Miami-based private equity firm, where he served as Co-Head of Transactions and Chief Administrative Partner. Mr. DaGrosa began his career in 1986 at Paine Webber, Inc. in the firm's Management Audit and Controls Program and from 1988 to 1996 worked as a financial advisor in the firm's Special Accounts Group. Mr. DaGrosa currently serves on the board of directors for Hoy Health LLC, Soccerex LLC, and Brazil Tower Company LP, and previously served on the board of Global Crossing Airlines Group Inc., Eastern Airlines Group Inc., and SMobile Systems, Inc. He also serves on the board of Camillus House, a non-profit organization focused on meeting the needs of Miami's homeless citizens. Listen to this insightful RIA episode with Joseph DaGrosa about investing in success. Here is what to expect on this week's show: - How interval funds eliminate the need for complex subscription documents, enhancing investor accessibility. - Why it's important to have a strong back office and compliance framework when managing complex investment funds. - How private investments are a transformative tool for retail investors. - Why democratizing access to investment opportunities makes it so everyone can invest in opportunities that were traditionally available only to the wealthiest people. - How interval funds have advantages over direct commitments to private equity funds, including immediate capital deployment and reduced fee structures. Connect with Joseph: Links Mentioned: dagrosacp.com LinkedIn linkedin.com/company/dagrosa-capital-partners Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Mark Devine, a retired Navy SEAL commander, founder of SealFit and Unbeatable Mind, and New York Times bestselling author shares his journey from Wall Street to the Navy SEALs, emphasizing the transformative power of meditation and Zen practices. He discusses the balance between 'yin and yang' life approaches, the importance of physical, mental, and emotional development, and how his training methods have evolved over the years. The discussion highlights how integrating self-awareness, compassion, and mental training can lead to extraordinary performance and effective leadership. Marcus and Mark also delve into the essence of true warrior leaders and the evolution of Devine's perspective on what it means to be a warrior. Episode Highlights: 04:04 Journey to Zen and Martial Arts 04:23 From Wall Street to Navy SEALs 31:00 The Yin and Yang of Personal Growth 33:15 The Warrior's Path: Oak and Reed 33:42 Merging the Hard and Soft 34:54 Witnessing Awareness and Ego 43:44 The Essence of True Leadership Mark Divine, from upstate New York, graduated from Colgate University where he focused on athletic endeavors like swimming, rowing, and triathlon racing. He began his career as a CPA at Coopers & Lybrand in NYC, serving clients like Solomon Brothers and Paine Webber. After earning an MBA from NYU Stern, he pursued his dream of becoming a Navy SEAL officer, graduating as the honor-man of his class. He served for nine years on active duty and eleven in the reserves. Mark co-founded Coronado Brewing Company, launched NavySEALs.com, and developed the SEALFIT program, incorporating his Unbeatable Mind warrior development model. You can learn more about Mark at: https://markdivine.com/ Learn more about the gift of Adversity and my mission to help my fellow humans create a better world by heading to www.marcusaureliusanderson.com. There you can take action by joining my ANV inner circle to get exclusive content and information.See omnystudio.com/listener for privacy information.

In this episode, The Annuity Man discussed:  The four main concerns that annuity addresses Why you should stay away from fancy annuities  Things to consider when buying annuities    Key Takeaways:  Annuity contracts are designed to address four key concerns: principal protection, lifetime income, legacy planning, and long-term care. However, not all annuities are created equal. Fancy annuities often come with a host of fees and complicated rules that can make them difficult to understand and manage. On the other hand, contractual annuities offer the same guarantees without the added complexity, providing the peace of mind and financial security you need without the headaches. When considering an annuity, it's essential to weigh your options carefully and choose a product that aligns with your goals and values. By opting for a contractual annuity, you can enjoy the benefits of principal protection, lifetime income, legacy planning, and long-term care, all while keeping things simple and easy to understand.   "I used to work with Dean Witter, Morgan Stanley, Paine Webber, UBS, where that was market-driven stuff. If you're going to be fancy, be fancy over there because you have real possibilities of real returns. With annuities, they're contracts. Never forget that. You cannot have your cake and eat it too." —  Stan The Annuity Man.    Connect with The Annuity Man:  Website: http://theannuityman.com/  Email: Stan@TheAnnuityMan.com  Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g  Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator!

The Business Behind The Stock Brian Frank, President Of Frank Funds & Portfolio Manager of the Frank Value Fund (FRNKX) with approximately $200M in Assets Under Management Website: https://frankfunds.com/ Bio: Brian Frank has been the CIO for Frank Funds since 2003 and the Portfolio Manager of the Frank Value Fund and Frank Value Fund SP (Cayman) since inception in July 2004, and January 2014, respectively. After working at Lightyear Capital, a private equity fund organized by Donald Marron of Paine Webber, Brian co-founded Frank Funds which started as a single-family office, and Brian managed the assets with the goal of maximizing wealth for the long-term. The success of this strategy led to the creation of the Frank Value Fund, a mutual fund isolating Frank Funds' equities portfolio. The Frank Value Fund has eight times been ranked as a Wall Street Journal Category King. Brian has a BS from New York University's Stern School of business in Finance and Accounting. He is a Registered Investment Advisor and has a Series 65 license. --- Support this podcast: https://podcasters.spotify.com/pod/show/smartmoneycircle/support

Christopher Zook, founder and Chief Investment Officer of CAZ Investments, which oversees just under $6 billion in assets under management, joins Julia La Roche on episode 104 for a wide-ranging macroeconomic discussion.  In this episode, Zook shares that he still sees stagflation ahead. In this environment, Zook is looking for opportunities in dislocated assets, particularly in energy and real estate. Zook has over 30 years of experience investing in traditional and alternative asset classes. He was recently honored with the Texas Alternative Investments Association's (TAIA) Lifetime Achievement Award in recognition of his contribution and sustained support of the industry in Texas. He regularly contributes to major media outlets, including CNBC, Fox Business, and Bloomberg. Before starting CAZ Investments in 2001, Zook served in senior leadership positions with Oppenheimer, Prudential Securities, Lehman Brothers, and Paine Webber. 0:00 Welcome Christopher Zook to the show 1:07 Macro view today  2:50 The Fed likely to maintain credibility  4:08 Inflation and stagflation  5:40 Stagflation impact on stocks and bonds  8:30 Entering into a lost decade  11:44 Passive investing v. Active investing  16:20 Dichotomy in the market  19:00 Fiscal picture in the US 22:19 Betting against subprime  22:53 Concern about the consumers' spending habits 25:27 Investment opportunities  28:52 Commercial real estate  34:27 Energy

Christopher Zook, founder and Chief Investment Officer of CAZ Investments, which oversees around $5 billion in assets under management, joins Julia La Roche on episode 72 for a wide-ranging macroeconomic discussion.  In this episode, Zook shares that a recession is coming, and it's “going to be deeper and probably longer than people think.” He adds that we'll have a “manufactured recession,” where inflation is running so hot that the Federal Reserve has to raise rates fast to slow down inflation, forcing the economy into a recession. Moreover, he points out that markets believe the Fed will start cutting rates by the end of the year, something Zook does not expect to happen.   In these types of environments, Zook is looking for opportunities in dislocated assets or persistent assets that perform well, even if his hypothesis is found to be true.  Zook has over 30 years of experience investing in traditional and alternative asset classes. He was recently honored with the Texas Alternative Investments Association's (TAIA) Lifetime Achievement Award in recognition of his contribution and sustained support of the industry in Texas. He regularly contributes to major media outlets, including CNBC, Fox Business, and Bloomberg. Before starting CAZ Investments in 2001, Zook served in senior leadership positions with Oppenheimer, Prudential Securities, Lehman Brothers, and Paine Webber. 0:00 Intro 2:12 Welcoming Christopher Zook to the show 2:50 Beginnings in investing  3:43 Trading commodities to pay for college 4:40 Reading about traders  5:55 Managing risk extremely carefully  7:20 Starting own firm  8:20 Managing money at age 22  8:50 Set goal to start firm in 10 years  9:50 Tony Robbins  10:40 The bigger the way, the bigger the try  14:00 Zook's “why”  16:20 CAZ Investments structure and focus  18:36 Thematic approach  20:30 Betting against subprime housing  25:00 Macro outlook 25:12 Meme stock bubble  26:23 It takes longer than people think to reconcile dislocations  27:07 We haven't seen true dislocation yet  27:40 Recession is coming and it will be deeper and longer than people think  28:08 A manufactured recession  29:00 I'll be shocked if the Fed cuts rates this year 30:06 More of a 2-3 year recession  31:00 Disconnect between the Fed and the market  33:20 Be greedy when others are fearful  33:54 Stagflation  34:34 Worst economic regime for financial assets  38:13 Opportunities  40:20 Themes right now  41:09 Cord-cutting  41:40 Opportunity in sports teams, media rights 43:55 Themes that exist in real estate today  45:40 Stress from higher rates will force refinancing  46:45 Why we haven't seen panic selling yet  47:45 Every sector of real estate will be stressed  50:40 U.S. Dollar outlook  53:39 U.S. debt levels are terrifying  56:29 Growth of private assets  57:04 Opportunity in GP stakes 

https://markdivine.com/ About Mark Divine Mark is from upstate New York and did his formal undergraduate education at Colgate University. His years at Colgate University were focused on athletic endeavors such as competitive swimming, rowing and triathlon racing, interrupted by brief episodes of academic activity. After graduation from “the Gate” Mark started his professional career as a CPA with Coopers & Lybrand in New York City. Clients included luminous and no-longer existent financial firms such as Solomon Brothers and Paine Webber. Four painful years later, with an MBA from NYU Stern School of Business in his briefcase, he left behind the suit to pursue his inner vision to become a Navy SEAL officer. He was 26 when he graduated as honor-man (#1 ranked trainee) of his SEAL BUD/s class 171. Mark was fortunate to serve with many great men and women on active duty for nine year and in the reserves for eleven…retiring at the rank of Commander in 2011. After leaving active duty in 1997, Mark started his second business career as an entrepreneur. He co-founded the successful Coronado Brewing Company and launched NavySEALs.com in the year he left the active duty Navy. NavySEALs.com is the leading web site for gear and information about the SEALs. US Tactical was next, gaining contracts with Naval Special Warfare Group ONE for training support, and the Navy Recruiting Command for a nationwide mentoring program for SEAL, SWCC, EOD and Diver candidates. Mark's business career was interrupted by a stint as an Adjunct Professor of Leadership at the University of San Diego, where he was pursuing his Doctorate in Leadership, then by a one year recall to active duty in 2004. The recall took him to Baghdad with SEAL Team One to conduct a special project for Naval Special Warfare Command surrounding the role of the USMC in Special Operations. In 2007 he launched his CrossFit affiliate and the now internationally known SEALFIT program to provide transformational personal and team training experiences. The training utilizes an integrated warrior development model he developed, called Unbeatable Mind, which draws from his 20 years as a SEAL and business leader, 25 years as a martial artist and 15 years as yoga practitioner. SEALFIT and Unbeatable Mind are uniquely effective at elevating clients to a higher level of operating, thinking and leading – encompassing the full spectrum of human experience – Body, Mind and Spirit in Self, Team and Organization.

Investors, advisers and lenders are looking for answers to crucial questions about the real estate capital markets. Interest rate hikes, together with conflicting economic signals, are stalling activity in the market. In this episode of Investment Matters, Crescit Capital Strategies Founder & Managing Partner Joe Iacono offers perspective on what's ahead at this challenging time. Iacono brings the perspective of a real estate career that started when he was a teenager. He bought his first property when he was still in high school, and went on earn degrees from Rollins College and Columbia University, where he earned his master's in real estate. Over the course of his 30-year career, Iacono has held hold senior positions at a series of blue-chip companies, with special expertise in securitization. As a managing director at JP Morgan Chase, he directed the nationwide CMBS origination and securitization team. He developed the CMBS conduit lending platform at PaineWebber, helped to create one of the industry's first securitization programs at Daiwa Securities America and was a co-founder of the commercial real estate business at Credit Suisse First Boston. Highlights of this episode include: · Learning the ropes of CRE finance (1:35) · Capital flows and securitization amid volatility (4:00) · Debt and deal dynamics (8:50) · Making sense of cap rates (14:22) · CMBS, CLO outlook (16:55) · Career turning points (20:16) · Lessons of the Great Financial Crisis (23:08) · Investing opportunistically (26:18) · The bid-ask gap (28:55) · Off the clock: a man of many interests (33:24) · How will the market adjust to volatility? (35:31)

Upcoming Event!How Can Mindfulness Give You a More Abundant Retirement?Are you ready to let go of anxiety and find the peace of mind you seek as you prepare for your golden years? Your Answer Lies in These 5 Critical Retirement Questions: Am I on track for financial independence?What do I need to do to get on track?How do I design a mindful investing portfolio?How do I manage that portfolio and my income over time through changing markets?How do I prepare non-financially for retirement? What are the dominant variables in a happy retirement?Learn more: https://courses.mindful.money/mindful-retirement-review-workshop/Scott Jacobs has been a financial advisor for twenty-eight years. He's done this work with lots of clients who have privately held businesses, pre-IPO stock, options, and RSUs. Prior to joining EP Wealth Advisors in 2021, Scott worked for a number of the largest Wall Street firms, including UBS, Prudential and Wells Fargo. He's been serving LGBTQ families, technology employees and small business owner clients since his days at PaineWebber in 1994. Scott loves educating the public in a way that's down to earth and jargon-free. Today, Scott and Jonathan discuss what the modern-day financial advisor does, the difference between an advisor and a fiduciary, questions to ask a prospective financial advisor, and best practices for correcting bad financial behaviors.

Mr. Taft graduated from Washington University. Steven is currently a Senior Vice President of Portfolio Management, and Senior Portfolio Manager, as well as a certified Financial Planner and Advisor at Morgan Stanley. He began working on Wall Street as a financial advisor in the late 80s, and later went on to work for companies such as Lehman Brothers and Paine Webber. He is the author of A True Free Market: Conversations on Gaining Liberty and Justice Through Economics. Our friendly discussion included the mechanics of Henry George's Land Value Tax, how it can eliminate other taxes, and key trends within urbanization. To check out more of our content, including our research, visit our website: https://www.hgsss.org/

If you hadn't noticed, 2022 hasn't produced the best results in the financial markets. The questions on everyone's mind are how did we get here and what's next? To delve into those and many other questions I am happy to welcome back Rich Weiss, Senior Vice President and Chief Investment Officer overseeing the Multi-Asset Strategies Division at American Century Investments. Personally, I'm glad we were able to pry him away from CNBC, Bloomberg TV or Fox Business News to share his timely insights! A quick warning, everything we discuss is not puppy dogs and rose petals. I strongly believe in workplace retirement plans, the power of dollar cost averaging, and the long term health of the market. However, these are challenging and unique times in the market and the economy. I felt steering into some of that would be worthwhile.   If you have been enjoying the podcast, please leave a rating or review on your favorite podcast app, that helps the infamous algorithms and grows the audience. Enjoy!    Guest Bio Richard Weiss is senior vice president and chief investment officer, Multi-Asset Strategies for American Century Investments. Mr. Weiss oversees the team that manages the firm's multi-asset strategies, including the One Choice (Target Risk and Target Date) Portfolios®, Strategic Allocation and investments offered in the Learning Quest® 529 Education Savings Program. He also serves as a member of the American Century Investments Asset Allocation Committee, which is responsible for establishing investment policy and reviewing investment decisions for all of the firm's multi-asset products. Prior to joining the firm in 2010, Mr. Weiss was executive vice president and chief investment officer of City National Bank, where he was responsible for the bank's investment management group and directed investment policy and strategy. Previously, he was executive vice president and chief investment officer at Sanwa Bank California, where he managed all aspects of their investment department. Earlier in his career, Mr. Weiss held senior investment positions at Vantage Global Advisors, TSA Capital Management, PaineWebber and Mellon Bank. An investment veteran with over 35 years of experience, Mr. Weiss holds a bachelor's degree in finance from the Wharton School at the University of Pennsylvania and an MBA from the University of Chicago. He has authored several academic papers and is well known for his advanced work in the field of global investing. Mr. Weiss is also a frequent guest on CNBC, Bloomberg Television, Fox Business and Bloomberg Radio.   401(k) Fridays Podcast Overview Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 225 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode every other Friday!

⚡ eBook: 10 Recession Trading Strategies https://timingresearch.com/LR2POD   This episode: Norman Hallett of TheDisciplinedTrader.com from 10 Recession Trading Strategies   Summary: Norman's primary focus as an educator is on the mental and emotional (trading psychology) side but also has been an active trader himself for over four decades. Norman's presentation focuses on two markets that he looks at in times of recession that are not what you might expect. He notes that while most people are looking closely at gold and silver, during recession or other turbulent times, he likes to look at soybeans and copper. He goes on to explain in detail the properties of these markets that make them so attractive on potentially profitable during a recession.   Bio: Norman Hallett has been a trader and trading educator for over 4 decades. From 1981 to 1988, he ran one of the largest options firms in the country and later worked as a commodities specialist for Paine Webber. In 1991 he formed the Hallett Group, managing large trading accounts for individual investors as a Commodity Trading Advisor. He currently owns and operates The Disciplined Trader, founded in October, 2000, where he focuses on helping traders with the too-often-neglected area of mental and emotional control and the building of Simple Trading Plans. He has over a million views of his “4-Minute Drill For Traders” where he gives tips and techniques for being a more successful trader.   LR2 Description: We asked 10 trading experts to share a short presentation with us on their ideas and opinions about trading in a recession. We arranged these presentations for you as both a PDF eBook and video series, click on the link above to access the full info from this series.   The Lightning Round (LR) is a new series from TimingResearch in which we will bring you shorter presentations from a variety of experts on narrower topics. Visit timingresearch.com to access our full catalog of free educational info for traders and investors.   Terms and Policies: https://timingresearch.com/policies/  

Hello, and welcome back to Powering Your Retirement Radio. I'm Dan Leonard, your host. This week I'm gonna go back to square one. After doing some consulting with some other podcasters and their podcasts, they said looking through your catalog of episodes; you don't really see anything on you. Everyone had some kind of an about me type of episode. I figured here on New Year's Eve; you'll probably be sitting there watching the ball drop, listening to this, and just having a grand old time. Happy New Year, have a great evening. And, if you listen to the whole episode, God bless you. Background We'll just start with some basic background facts. I've been in the industry for over 30 years. My first job in the financial service industry was back in 1988 while I was still in college. I had a chance to work for Merrill Lynch on the floor of the American Stock Exchange, which was exciting and meaningful for me since both my grandfather and great-grandfather were members of the American Stock Exchange. So that was a great thrill to get to walk in their footsteps. Since graduating college, I've worked as a financial advisor in New York, Canada, and California; I've had the opportunity to live in five states in two countries. In addition to being an advisor, I've also worked in the financial services industry in the mutual fund and annuity area as what they call a wholesaler, which is the representative for the individual products. If you think of mutual funds like Franklin, Fidelity, or American, they all have sales forces. Their sole job is to market to financial advisors to raise brand awareness, and like anything else, the things that get on the end caps at a grocery store or Home Depot don't get there magically. There are product representatives that are in there talking to the store manager. You get this on the end of your aisle, and you'll sell more, and your store revenue will be up. Wholesalers use the same concept, except we were fighting for the mental headspace of financial advisors. And even to this day, this still persists. A lot more of that is done virtually these days. But the funds that I put in client portfolios and the representatives I know make sure we know everything going on. I personally use an outside third party to help me build those models. So I get support from the reps after selling the product. They're not proactively promoting their product to me, they're doing it more in a support role, but there are different ways that different people run their businesses. So I've been both retail, meaning client-facing, and then wholesale, institution-facing in my career. On the institutional side, you know, I've done presentations to literally hundreds of brokers at one time in conference format, down to individual meetings with clients and advisors. At the same time, I've also been an instructor where we would go into offices and offer continuing education. I've lived it. I've worked. I've been in every facet of the financial industry, as far as providing advice, whether it be coaching people, giving advice, or dealing with the end-user in the client space. During that time, I've actually had the opportunity to work in 20 different states. I've met with thousands of advisors. I've been in hundreds of brokerage offices, primarily in my career, early on when I was doing what I was working in, what is called the wirehouse environment, which would be the Merrill Lynch Smith, Barney, formerly PaineWebber, those typed up of firms on a national level. When I was in the mutual fund industry, I worked with over 20 different actual portfolio managers, running individual mutual funds. I've gotten to see how several different managers run their businesses. Probably the two biggest names would be Louis Navieller out of Reno. He was a manager for one of the companies I worked for in the late nineties and then Charles Brandis in La Jolla, which makes international investments and value investing. I've had chances to work with those people individually when they'd be out to travel. On a roadshow, we would go to offices to talk about their investing style. It's been a fun career because there are opportunities where I'm sitting down with clients like I do today, helping 'em with their personal financial situation. And then on the other end, being at a big conference where you're presenting to hundreds of advisors, and you've got one of the top money managers that just got off of a call with CNN driving around with you in your car, talking about the markets with you. Concepts and Principles Disciplined Process Focused Approach Make it Understandable Limit Decisions 3 H's Be Humble Be Human Be Honest Why you? Come for Performance Stay for Service Lost Trust or Ignored What is important The number one rule, I think all people have to keep in mind when it comes to investing, is that investments are important. The money is important because that's what you're gonna live on. But ultimately, it's your family. It's your health and your happiness. Your well-being is the most important part of it. So if you're in a relationship with an advisor that's suffering because you're concerned about stuff, and things aren't working, that's the reason to consider looking for a new advisor. And that goes if you're one of my clients or looking to be one of my clients. If you're in a relationship where you never hear from your advisor, and you don't feel like you can get answers from them, then you need to look for a new advisor. So that's where I try to make sure there's lots of outbound communication from me to who my clients are now, not all clients are gonna engage in it all, but that's on their end. I'm making sure that they know what we do and why we're doing it. So that's a little bit about me, my background, some of my philosophies, and thoughts on the market, hopefully, that was useful.  I just want to wish everybody a happy new year. And I look forward to talking with you in 2022. Thanks so much. Stay safe until next time. For more information please visit the Podcast Webpage. https://poweringyourretirement.com/2021/12/31/background-and-principles/

As we take the turn into the holiday season, what will holiday shopping look like this year? Will the supply chain challenges, inflation, or other elements bring major changes? How could this impact the economy and financial markets? To help dissect all of this and more, I am happy to welcome back Rich Weiss, senior vice president and chief investment officer, Multi-Asset Strategies for American Century Investments. Also, don't miss when Rich get's his crystal ball out and gazes into it for 2022.    Guest Bio Richard Weiss is senior vice president and chief investment officer, Multi-Asset Strategies for American Century Investments. Mr. Weiss oversees the team that manages the firm's multi-asset strategies, including the One Choice (Target Risk and Target Date) Portfolios®, Strategic Allocation and investments offered in the Learning Quest® 529 Education Savings Program. He also serves as a member of the American Century Investments Asset Allocation Committee, which is responsible for establishing investment policy and reviewing investment decisions for all of the firm's multi-asset products. Prior to joining the firm in 2010, Mr. Weiss was executive vice president and chief investment officer of City National Bank, where he was responsible for the bank's investment management group and directed investment policy and strategy. Previously, he was executive vice president and chief investment officer at Sanwa Bank California, where he managed all aspects of their investment department. Earlier in his career, Mr. Weiss held senior investment positions at Vantage Global Advisors, TSA Capital Management, PaineWebber and Mellon Bank. An investment veteran with over 35 years of experience, Mr. Weiss holds a bachelor's degree in finance from the Wharton School at the University of Pennsylvania and an MBA from the University of Chicago. He has authored several academic papers and is well known for his advanced work in the field of global investing. Mr. Weiss is also a frequent guest on CNBC, Bloomberg Television, Fox Business and Bloomberg Radio.   401(k) Fridays Podcast Overview Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 200 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode each Friday!

Speaking with Nathan Mellor on the Strata Leadership Show is Peter Arnstein. Peter brings a wealth of valuable experience in corporate finance and capital markets to executive coaching for individuals, teams, and enterprises. His approach is action and outcome-oriented. Clients embrace practices that unleash their potential to get past obstacles, aim higher and surpass what they once considered not possible. The path includes identifying and clarifying goals, taking action, being accountable, and following through. Peter is known for his focused enthusiasm, insight, results orientation, and sense of humor to connect deeply and productively with clients.Drawing upon over 30 years of investment banking experience, Peter partnered with C-suite leaders, owners, and entrepreneurs to advise on and execute strategic transactions requiring integration of a variety of subject matter and skills in a time-sensitive, high-stakes, and risk-laden environment.Peter cultivated client relationships at Lehman Brothers and PaineWebber (now UBS) in New York, at First Union (now Wells Fargo) in Charlotte, North Carolina, and at Mesirow Financial in Chicago. He was co-head of the mezzanine investment group at GATX Capital.Peter's executive coaching is fueled by his interest and curiosity in developing and sustaining leadership throughout an organization and beyond. He finds executive coaching to be a tremendously challenging and fulfilling craft to continue to serve clients on a personal level with the mission of creating greater well-being for many.Peter earned a BA in Economics from Stanford and an MBA from Wharton (University of Pennsylvania). He is certified as an Executive Coach from UC Berkeley Executive Education and the Berkeley Executive Coaching Institute. Peter's volunteer leadership activities include pro bono coaching for students at the College of Charleston School of Business and The Citadel – the Military College of South Carolina.Peter enjoys outdoor adventures, swimming, and biking to stay in shape, humor and comedy in a variety of forms, and reading history, biography, and fiction. Peter is married, with three grown children: two sons and a daughter.

Matt SteereManaging Director & Co-Head Healthcare Investment Banking, Medical Technologies & DiagnosticsMatt has extensive experience in public and private financings, buy-side and sell-side transactions and fairness opinions in the Healthcare sector. Before joining Canaccord in 2007, he worked in First Albany's Healthcare Investment Banking Group. Matt was instrumental in building their Healthcare franchise into one of the most active boutique investment banks focused on the Life Sciences sector and was head of their West Coast Investment Banking efforts. Before this, he worked in the mergers and acquisitions group at Robertson Stephens, focusing on the Life Sciences practice and also worked at PaineWebber. Matt graduated with a Master of Business Administration from the University of Virginia and earned a BA from St. Lawrence University.Contact:msteere@cgf.com+1 415 229 0640

In this episode, Hall welcomes John McEvoy, Managing Partner at Tribeca Early Stage Partners (ESP).Headquartered in New York, New York, and founded in 2014, Tribeca ESP is an early-stage venture group primarily focused on pre-A and A-stage companies in FinTech. They have brought together a network of entrepreneurs and business leaders with deep domain expertise in institutional finance and technology. With approximately 50 accredited investors, they have the collective experience and perspective that touches virtually every facet of the institutional finance landscape. While they enjoy socializing, they are not a social club. They are here to invest capital and leverage their strong network to assist the companies in which they invest.John is a passionate, serial entrepreneur who, since 1999, has started three companies focused on using technology to alter the traditional rhythms of the institutional finance space. His first venture, Creditex – a hybrid electronic and voice brokerage trading platform for the credit derivatives market – was acquired by IntercontinentalExchange (ICE) in 2008 for over $600 M. He was also a founder and operating partner of eBond Advisors, which brought financial technology to the product level of a corporate bond – creating a more liquid financial instrument for investors while lowering financing costs for issuers. Finally, John founded a Bermuda-based reinsurance company backed by Wachovia Corp. Prior to his entrepreneurial pursuits, John spent 13 years on Wall Street at PaineWebber, Bankers Trust, and Deutsche Bank in derivative structuring and sales. He has been an active angel investor, board member, and advisor to many young companies. He loves the entrepreneurial environment and process and is always willing to lend a hand or give advice when asked. John advises entrepreneurs and investors in the fintech industry and discusses his investment thesis and some of the startups that fit his thesis.  You can visit Tribeca Early Stage Partners at , and via LinkedIn at .  You can contact John via email at , and via LinkedIn at .  __________________________________________________________________________ For more episodes from Investor Connect, please visit the site at:    Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please subscribe, share, and leave a review. Music courtesy of .

Nick Malgieri, former Executive Pastry Chef at Windows on the World, is a 1996 inductee into Who's Who of Food and Beverage in America. His latest book is a completely revised and updated edition of HOW TO BAKE (Dover Books, 2018) formerly published in 1995. He is also the author of NICK MALGIERI'S PASTRY: FOOLPROOF RECIPES FOR THE HOME COOK (Kyle Books, 2014), which followed on the heels of BREAD (Kyle Books, 2012) and BAKE! Essential Techniques for Perfect Baking (Kyle Books, 2010). He is also the author of The Modern Baker (DK Publishing, 2008), which was nominated for an IACP award; CHOCOLATE (HarperCollins, 1998), winner of an IACP/Julia Child Cookbook Award for best baking book of 1998, voted Best Chocolate Book in the World by the 1998 Salon International du Livre Gourmand, and included in Food & Wine magazine's Best of the Best for 1998; and HOW TO BAKE (HarperCollins, 1995), the recipient of a James Beard Foundation cookbook award for best baking book of 1995. His first book was Perfect Pastry (Macmillan, 1989) followed by Great Italian Desserts (Little, Brown, 1990), and Cookies Unlimited(HarperCollins, 2000), which was nominated for a James Beard Foundation cookbook award and was included in Food & Wine magazine's Best of the Best for 2000. He is also the author of Perfect Cakes (HarperCollins, 2002), A Baker's Tour (HarperCollins, 2005), which was nominated for a James Beard Foundation award and an IACP award, and Perfect Light Desserts (HarperCollins, 2006), coauthored with David Joachim. In 1998 and 1999, he was voted one of the ten best pastry chefs in America by Chocolatier and Pastry Art and Design magazines. A graduate of the Culinary Institute of America, he apprenticed in Switzerland and was subsequently employed at the Hotel de Paris and the Sporting Club in Monte Carlo and at the Reserve de Beaulieu in France. In New York he was Assistant Pastry Chef at the Waldorf Astoria; Executive Chef at Paine Webber, Inc.; and Pastry Chef at the Board Room, a private club. Malgieri began teaching in the New School Culinary Arts Program in 1979 and in 1981 became chairman of its Baking Department. He developed and taught the professional baking curriculum for the New York Restaurant School and authored the baking section of the Restaurant School's textbook. A founder and owner of the Total Heaven Baking company, Malgieri has served as consultant to Inhilco, Inc. and restaurants and pastry shops throughout the United States. He has developed recipes for a variety of food producers, and for Food and Wines From France and A.I.D.I., the Italian Confectionery Industries Association. To Read more of his bio go to https://www.nickmalgieri.com/about --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/dean-jones9/message

Brian Kasal is the CEO and founder of Four Star Wealth Advisors, an SEC registered investment firm headquartered in Chicago. Brian holds an MBA from the University of Chicago's Booth School of Business and has been a guest lecturer for their MBA program. Brian has been a member of the Portfolio Management Institute, PMI, as well as a senior portfolio managing director and senior vice president of Morgan Stanley. Brian has also served clients at PaineWebber, Lehman Brothers and, for 15 years, at William Blair and Company as a senior principal in the private client portfolio management group. For today's episode we will cover: [00:00 - 6:15] Opening Segment.Getting to know Brian Kasal.How the independent space has more freedom for investments.[6:15 - 13:39] Alternative vehicles to multiply your portfolio. Paying attention to historical trends to guide your investment decisions.Why you should figure out what matters to you.[13:39 - 18:22] Letting the market tell you the truth.Making better financial decisions by looking at market trends.Having an advisor to make sure you make sound decisions.The advantage of small investment advisors..[18:22 - 23:22] The advantages of working with the investor advisor space.Why you should choose the independent brokers.The importance of transparency.Spending more time with your investor.[23:22 - 31:53] The client-broker relationship.Doubling down on the importance of having a back up plan.Why you shouldn't keep looking at your portfolio.Having a trusted advisor to change your life.The most powerful money you could ever have.[31:53 - 37:57] How advisers protect the investors.Brian discusses the available models at Fourstar.Benefits of having a reliable system.  Being ready for the worst case scenario.[37:57 - 41:44] Looking at the different strategies.The metrics that you should track often.Having a plan to not make rushed decisions.[41:44 - 43:48] Closing segmentFinal words from everyone.Tweetable Quotes: If you set a plan in place, you don't need to look at it everyday. The guy that looks at his portfolio everyday… could drive themselves crazy. If you really have a plan that's long term, why are you looking at your phone every second of the day, worrying about what that stock is doing? - Brian KasalIf we don't plan, we will fail. So you have to have a plan in advance - Brian KasalSUBSCRIBE & LEAVE A 5-START REVIEW as we create a lifetime of wealth and financial freedom through multifamily investing!    Invest with us! Check out Blue Oak Investments  Cody on LinkedIn, Facebook, and Instagram John on LinkedIn and Facebook Brian on LinkedIn and Facebook 

Mike Duffy, CEO of Happiness Wealth Management and public speaker joins the Fire In The Belly podcast today to share how the loss of his mother at age 17 sent him on a journey to regaining his happiness. They discuss how life's tragedies can often help create beautiful things, how purpose plus progress equals happiness and how the law of reciprocity can aid a long and happy marriage.   KEY TAKEAWAYS Sometimes in life, it is tragedies that help create beautiful things. A lot of times in life, if you look at the silver lining, some of the hardest things that happen to you, become the greatest things that happen to you if you choose to go the right route. Purpose plus progress equals happiness. You have to identify the purposes in your life, we all have many of these. Then, as you make progress in those purposes, that is when happiness shows up. There are two types of happiness. There is platonic happiness whereby you go out and drink; take an expensive vacation or go shopping and spend a lot of money that grant you temporary happiness. Then, there is a thing called sustainable happiness, which is the happiness you get as a result of giving to others. Every year you should write down your goals. Revisit your goals during the year so that you can go back and write down the date when you achieved the goal. There is something extremely rewarding when it comes to ticking off your goals. Resilience is such an important skill for people to understand. You can either treat the bad things that have happened to you as painful or you can look at them as happening for you. Look at these situations and see how much stronger they have made you. The setback is just a set-up for your comeback. When you are in a relationship, especially a marriage, you always want to put the other person before yourself. The law of reciprocity states that if you are good to somebody, they want to be good to you. So why wouldn't you want to be good to your partner? It will come back to you.   BEST MOMENTS “I tried to figure out a way of how I could regain my happiness.” “This life is very short.” “This setback is just a set-up for my comeback.” “ Bring the energy! If you want to convey the message, convey your energy and people will listen to you!”   ABOUT THE GUEST With over 28 years of planning experience, Mike Duffy dedicates his expertise to helping high net-worth clients achieve greater financial independence. Having worked for some of the financial industry's leading firms, Mike's extensive history includes roles at Paine Webber, Citicorp Investment Services, Bank of America Investment Services and Merrill Lynch. While thriving in advanced asset management strategies at the top brokerage firms, Mike recognized a growing need to provide clients with more personalized solutions. He established Happiness Wealth Management to give individuals, families and business owners the unwavering and objective attention they deserve. Mike excels at helping clients identify their objectives and builds a bridge to achieve them. An exceptionally service-oriented advisor, he provides solutions truly catered to his clients' specific needs. For clients seeking socially responsible investing agendas, Mike selects investments that perfectly align with their values. He is a longtime member of Kingdom Advisors, the largest Christian financial planning association in the United States. Actively involved in his community, Mike is a member of the St. Charles Men's Club and the Irish Technology Leadership Group. He coaches basketball, football and volleyball. He has a homeless outreach that helps homeless people on the Peninsula. Mike is married to Shannon Duffy who is a Senior Vice President at Salesforce. They love travelling, finding great restaurants and spending time with their two beautiful children, Kendall and Michael. LinkedIn: https://www.linkedin.com/in/mike-duffy-30ab0518  Website: https://www.happinesswealthmanagement.com/team   ABOUT THE HOST The ‘Mighty Pete Lonton' from the ‘Mighty 247' company is your main host of ‘Fire In The Belly'. Pete is an Entrepreneur, Mentor, Coach, Property Investor, and father of 3 beautiful girls. Pete's background is in Project Management and Property, but his true passion is the ‘Fire in The Belly' project itself. His mission is to help others find their potential and become the mightiest version of themselves. Pete openly talks about losing both of his parents, suffering periods of depression, business downturn and burn-out, and ultimately his years spent not stoking ‘Fire In the Belly'. In 2017, at 37 years of age that changed, and he is now on a journey of learning, growing, accepting, and inspiring others. Pete can connect with people and intuitively asks questions to reveal a person's passion and discover how to live their mightiest life. The true power of ‘Fire In The Belly' is the Q&A's - Questions and Actions! The ‘Fire In The Belly' brand and the programme is rapidly expanding into podcasts, seminars, talks, business workshops, development courses, and rapid results mentoring.   CONTACT METHOD https://www.facebook.com/mightypetelonton/  https://uk.linkedin.com/in/mightypete  https://www.facebook.com/groups/430218374211579/  Support the show: https://www.facebook.com/groups/430218374211579/ See omnystudio.com/listener for privacy information.

Gerald Chen-Young is Principal and Chief Investment Officer at GCY Associates, which provides consulting and advisory services based in Washington DC.  He has over 25 years of experience as a Chief Investment Officer, 14 years of which were spent as VP and Chief Investment of the United Negro College Fund.  He previously held a range of financial services roles at firms including UBS, Paine Webber & Riggs National Bank, in different capacities.  Gerald holds post-graduate degrees in Economics from York University and LSE and Law from Univ of Miami Law & AU's Washington College of Law.  He has a particular interest in ESG issues across the investment landscape.  Our conversation starts with Gerald's upbringing on the island of Jamaica and the culture shock that ensued when he went to a boarding school in Canada during his teenage years.  He began his college education there and we delve into what drove him to pursue degrees in both economics and law and his passion for both areas.  Gerald spent over 14 years at the United Negro College Fund as CIO and we speak about what was at the forefront of his mind in this role.  Gerald was an early adopter of ESG principles and we contextualize this movement by reference to other social movements such as universal suffrage and the abolition of slavery which started on the fringes and ended up in the mainstream. We hear about his passion for food, his belief in the value of sabbaticals and the highs and lows of an extraordinary career.  

Hey there and welcome back to Eggs! This week we have special guest, founder, and CEO of Mindful Money, Jonathan DeYoe. Jonathan has an interesting story to tell. Emerging from Rapid City, South Dakota, and being raised in a family that was less than financially secure, he developed an interest in financial education early, making his first stock trades at 9 years old with the money he'd made mowing yards and doing odd jobs.After leaving college he worked for several years in large San Francisco-based Wall Street financial firms like Morgan Stanley and PaineWebber, but after what could only be described as a negative experience in many of these firms Jonathan decided to make a change and go solo. He launched his firm in 2001 with a focus on independent financial advice and an unparalleled client experience service. Joining us today to discuss getting started with financial planning, please join us in welcoming to the show our guest Jonathan DeYoe.Our Guest:Jonathan DeYoehttps://mindful.money/https://twitter.com/MindfulMoney_Edhttps://www.instagram.com/mindfulmoneyplan/https://www.facebook.com/MindfulMoneyPlanhttps://www.youtube.com/c/mindfulmoneyCredits:Hosted by Michael Smith and Ryan RoghaarProduced by Michael SmithTheme music: "Perfect Day" by OPMThe Carton:https://medium.com/the-carton-by-eggsFeature with Zack Chmeis of Straight Method up now! https://medium.com/the-carton-by-eggs/zack-chmeis-35dae817ac28The Eggs Podcast Spotify playlist:bit.ly/eggstunesThe Plugs:The Showeggscast.com@eggshow on twitter and instagramOn iTunes: itun.es/i6dX3pCOn Stitcher: bit.ly/eggs_on_stitcherAlso available on Google Play Music!Mike "DJ Ontic" shows and infodjontic.com@djontic on twitterRyan Roghaarhttp://ryanroghaar.com

Frank Packard takes us through his journey in Japan as well as different cultures and business experience in the financial industry. Mr. Packard was originally born in Japan and grew up in the US hoping to pursue law or journalism at Princeton University. After graduating, he lived in Cairo, Egypt for a while before returning to Wall Street to enter the financial industry, starting as an analyst at Paine Webber in 1984. He rapidly worked his way up and arrived in Tokyo in 1986 as the Vice President of the Tokyo branch. Since then, Mr. Packard has held leadership positions covering not only Japan but Asia Pacific regions at multinational financial corporations including Drexel Burnham, Bankers Trust and Bank of America. He is the Founder and President of Triple A Partners, an independent company focused on third-party fund-raising, equity research and corporate finance.   Much of his leadership style is modelled after what he had learned from his early days in finance from his mentors. On his first multinational leadership experience, Mr. Packard recalls trying to break down the hierarchy by making an open office seating arrangement, which was uncommon during the 80s and early 90s. Mr. Packard also recognized the diversity of Japanese people, with different interest, hobbies and background, which he found shocking in the beginning. He also points out that though he found it challenging to hold non work-related conversations initially, he gradually learned to “let people go at their own pace” to learn something outside of work about his staff. On engaging with the younger generation, Mr. Packard admits it is difficult as the youth have many more choices than those in the 1980s. On gaining trust, Mr. Packard claims that listening to people and having patience is key to winning them over in Japan. After gaining further experience leading a team in Hong Kong for Bankers Trust, Mr. Packard began a joint securities company focused on fund placement. He built on this experience as the HSBC head of North Asia of the Alternative Investment Group.   On team engagement, Mr. Packard consistently communicates to his staff about the mantra of the company which is broken down to three goal: to do legal business, do rewarding business and add value. He also notes the importance of ensuring the experience is enjoyable. Mr. Packard states that because of his team's bilingual capabilities, they have been successful in dealing with clients who need support in both languages that cannot be delivered by larger Japanese firms. Mr. Packard is also keen to providing people with more opportunities to expand and develop their career. For example, he has had an administrative staff take on more active roles in finance. Additionally, Mr. Packard emphasizes the importance of giving women equal opportunities as men in developing their career paths. Mr. Packard shows he trusts his team by allowing unlimited holidays, which allows people to work in a more flexible manner.   To newcoming leaders, Mr. Packard advises to be clear and transparent when communicating with Japanese staff, as they will take everything literally. On a similar note, he does not encourage people to work long hours in the office as executive assistants think they also have to work longer hours. Secondly, Mr. Packard has observed that Japanese are very state conscious and want to have consensus over large decisions. In order to be mindful of this, Mr. Packard advises to learn about the educational background of people to better understand them. Lastly, he advises to not forget to laugh and have moments of joy by being vulnerable and authentic.

Michael Willis interview - 1:00-21:45The cap-weighted vs. equal-weight distinctionWhat's holding back adoption of equal-weighted indicesPotential expansion of the equal-weighted approach and the shifting macro dynamicsRelative performance and the nature of how cap-weighted and equal-weighted workThe aha momentShannon McLay of Financial Gym interview - 22:00-53:00The inception for Financial GymApps vs. coaching as a way to teach people about financeFitness as a concept for financial healthThe target audienceHow the gym model worksHow this coexists with the financial advisor model and expands the potential client baseUsing social media and online ‘gyms' in the businessGuest Bios:Michael Willis has worked in the Wall Street industry for the past 25 years. He is the lead portfolio manager for INDEX FUNDS and previously worked for UBS, Paine Webber and Smith Barney. Mike enjoys turning big ideas into reality.Shannon McLay  graduated cum laude with a degree in Business from Wake Forest University in 2000 and has since worked in financial services for the last 17 years. Her experience is in institutional sales, retail sales, hedge fund sales and management. She is the author of "Train Your Way To Financial Fitness" and her own blog, Financially Blonde, as well as being a contributor to AOL, LifeHacker, Huffington Post, US News & World Reports, Budgets Are Sexy, Frugal Rules and others. Shannon hosts the award-winning business and investing podcast, Martinis and Your Money – Living a Better Life One Cocktail at a Time, and is dedicated to helping people achieve financial freedom, which is how the Financial Gym came to be.

In this episode, Christine Shaw speaks with Shannon Spotswood, president of RFG Advisory, president of StrongHer Money, and partner at Busy Bees. Shannon shares her incredible journey through the financial services industry, including all the moves that led her to her position as president at RFG Advisory. Shannon discusses the importance of following your dreams as a woman, and describes how she balances her extremely successful career with her family. You will learn: The steps Shannon has taken throughout her careerWhen Shannon realized it was important to take a step back professionally to start a familyThe importance of balance for women between work and homeHow Shannon started a successful children’s clothing brandThe inspiration for StrongHer MoneyWhat’s on the horizon for Shannon professionallyAnd more!Tune in to hear the incredible journey of Shannon Spotswood, president of RFG Advisory!Resources: InvestmentNews | Christine Shaw | RFG Advisory | Shannon Spotswood | StrongHer Money | Busy BeesGuest bio: Shannon Spotswood was named President of RFG Advisory in February 2016. With  more than 20 years of institutional investment experience, Shannon brings  a unique perspective to the Registered  Investment Advisor industry. Her  vision for RFG Advisory is one of rapid,  well-executed growth across the U.S. Her focus is on day-to-day operational  excellence. She is committed to supporting RFG Advisory’s high-growth, hybrid  Registered Investment Advisor by  delivering a robust integrated platform  designed to support independent financial advisors. Recognizing that one of the firm’s competitive advantages is the talent  and commitment of the RFG Advisory  team, Shannon invests significant time in leadership, recruiting and mentoring. Shannon’s passion for investing was sparked in high school with a 14th birthday wish  granted—a subscription to the Wall Street Journal. She began her finance career while in college working at PaineWebber. Since  graduating from the University of Arizona with  degrees in Economics and Political Science, Shannon spent 20 years in San Francisco  working as an Investment Banker, Hedge  Fund Portfolio Manager and Entrepreneur.  An Analyst/Trader at EGM Capital, a hedge  fund, to Investment Banking Analyst and then  Associate in M&A at Volpe, Brown Whelan  & Co, a technology-focused investment  bank, to becoming a Portfolio Manager of a  long-short equity hedge fund at Symphony  Asset Management, Shannon has consistently  pursued opportunities with dynamic growth  companies. After six years as a Hedge Fund  Manager, Shannon became the Director of  Long-only Equity Strategies for Symphony  Asset Management, an ~$18 billion hedge  fund acquired by Nuveen Investments in 2001,  and experienced first hand the excitement of  working directly with Financial Advisors.  After the birth of her 3rd child, Shannon  stepped away from the finance industry for  three years to build a luxury children’s clothing  brand, Busy Bees. Together with her partner,  Busy Bees grew from a trunk-show business based in a garage to a successful brand  featured in Vogue and carried in more than 100 stores nationwide and online. Joining RFG Advisory in 2015, Shannon  recognized the opportunity to combine her  entrepreneurial experience with her passion  for investing to help build an advisor focused Registered Investment Advisor. Enthusiastic, determined and optimistic,  Shannon’s management style is to foster  autonomy, set expectations high and drive  towards achieving Company goals. She  believes that being able to reach these goals  requires each team member to push  themselves, often beyond their personal  comfort zone. Her growth mind-set is the  reason she’s been chosen to lead RFG  Advisory through its next phase of success.

In this episode, Christine Shaw speaks with Shannon Spotswood, president of RFG Advisory, president of StrongHer Money, and partner at Busy Bees. Shannon shares her incredible journey through the financial services industry, including all the moves that led her to her position as president at RFG Advisory. Shannon discusses the importance of following your dreams as a woman, and describes how she balances her extremely successful career with her family. You will learn: The steps Shannon has taken throughout her careerWhen Shannon realized it was important to take a step back professionally to start a familyThe importance of balance for women between work and homeHow Shannon started a successful children’s clothing brandThe inspiration for StrongHer MoneyWhat’s on the horizon for Shannon professionallyAnd more!Tune in to hear the incredible journey of Shannon Spotswood, president of RFG Advisory!Resources: InvestmentNews | Christine Shaw | RFG Advisory | Shannon Spotswood | StrongHer Money | Busy BeesGuest bio: Shannon Spotswood was named President of RFG Advisory in February 2016. With  more than 20 years of institutional investment experience, Shannon brings  a unique perspective to the Registered  Investment Advisor industry. Her  vision for RFG Advisory is one of rapid,  well-executed growth across the U.S. Her focus is on day-to-day operational  excellence. She is committed to supporting RFG Advisory’s high-growth, hybrid  Registered Investment Advisor by  delivering a robust integrated platform  designed to support independent financial advisors. Recognizing that one of the firm’s competitive advantages is the talent  and commitment of the RFG Advisory  team, Shannon invests significant time in leadership, recruiting and mentoring. Shannon’s passion for investing was sparked in high school with a 14th birthday wish  granted—a subscription to the Wall Street Journal. She began her finance career while in college working at PaineWebber. Since  graduating from the University of Arizona with  degrees in Economics and Political Science, Shannon spent 20 years in San Francisco  working as an Investment Banker, Hedge  Fund Portfolio Manager and Entrepreneur.  An Analyst/Trader at EGM Capital, a hedge  fund, to Investment Banking Analyst and then  Associate in M&A at Volpe, Brown Whelan  & Co, a technology-focused investment  bank, to becoming a Portfolio Manager of a  long-short equity hedge fund at Symphony  Asset Management, Shannon has consistently  pursued opportunities with dynamic growth  companies. After six years as a Hedge Fund  Manager, Shannon became the Director of  Long-only Equity Strategies for Symphony  Asset Management, an ~$18 billion hedge  fund acquired by Nuveen Investments in 2001,  and experienced first hand the excitement of  working directly with Financial Advisors.  After the birth of her 3rd child, Shannon  stepped away from the finance industry for  three years to build a luxury children’s clothing  brand, Busy Bees. Together with her partner,  Busy Bees grew from a trunk-show business based in a garage to a successful brand  featured in Vogue and carried in more than 100 stores nationwide and online. Joining RFG Advisory in 2015, Shannon  recognized the opportunity to combine her  entrepreneurial experience with her passion  for investing to help build an advisor focused Registered Investment Advisor. Enthusiastic, determined and optimistic,  Shannon’s management style is to foster  autonomy, set expectations high and drive  towards achieving Company goals. She  believes that being able to reach these goals  requires each team member to push  themselves, often beyond their personal  comfort zone. Her growth mind-set is the  reason she’s been chosen to lead RFG  Advisory through its next phase of success.

Entertaining conversation with Max Keiser and Stacy Herbert, hosts of Orange Pill, A Bitcoin podcast on YouTube, https://www.youtube.com/orangepill Max Keiser and Stacy Herbert produce the twice weekly ORANGE PILL PODCAST which focuses on bitcoin and the Renaissance 2.0 culture developing around it. They are the first international news broadcasters to cover bitcoin extensively since 2011 when it was under $1. Upon graduating from New York University, Max Keiser started working as a stockbroker on Wall Street from 1982 through 1990 at firms; Paine Webber, Oppenheimer and Co., Shearson Lehman Hutton, and Alex. Brown & Sons. He went into semi-retirment in 1990 moving to Paris, France. In 1995, he was asked by Alec Baldwin to move to Los Angeles and co-produce a film he had written and was bought by Miramax. While in LA he and Michael Burns started the Hollywood Stock Exchange where Max invented the Virtual Specialist Technology pat. no 5950176 (later sold to Cantor Fitzgerald). He again went into semi-retirement in France, where he met his future wife Stacy Herbert and they started colloborating on film and TV projects for various international outlets such at the BBC Word, Al Jazeera English and RT. After leaving UCLA, Stacy Herbert worked in script development for Oscar winning producer, Michael Phillips, who made Taxi Driver, Close Encounters and The Sting. She then worked in film sales at Capitol Films in London and then in comedy script work in the UK working with many top names in British comedy.

Interesting conversation with Glen Hiemstra who has been a futurist since 1980! More about Glen See his website here. If you listen carefully, you can learn what the future is telling you. Before the Internet was even a public network Glen Hiemstra, Futurist, studied how it would change human and organizational communication. In the mid-1980`s he was describing the coming economic growth of the Pacific Rim countries. Glen told audiences about global warming and climate change...in 1987. He previewed nanotechnology...in 1989, and described genomic science and biotechnology even earlier. Glen wrote about the age wave and the end of classic retirement...in 1995. By 2001 Glen described the coming energy transformation as the greatest economic opportunity of the next half-century. As early as 2006 Glen told people why the debt bubble would burst, as it did more than a year later. Before the Internet was popular Glen had the foresight to register Futurist.com and become Founder and CEO of the site that is now visited by people from 120 nations each month. To deal with breakthrough trends like these Glen helps large and small companies, educational institutions, government agencies and communities re-think their future vision. This is why audience members for Glen`s keynote speeches and clients for his long-range planning A writer as well as a speaker and consultant, Glen is the author of Turning the Future into Revenue: What Businesses and Individuals Need to Know to Shape Their Future (Wiley & Sons 2006). Previously he co-authored Strategic Leadership: Achieving Your Preferred Future and his new book Millennial City was published in Fall 2014. Glen has also served as a technical advisor for futuristic television shows and appeared in future oriented documentaries. Glen has worked with many leading companies, government agencies and organizations across a wide variety of domains. These include international clients like Saint Gobain and Certainteed, Sonae of Portugal, Ambrosetti of Italy, Lundbeck Pharmaceuticals, Huawei of China, The World Future Forum-The Hague, GHD Engineering of Australia, Russian Railroad, Toyota, and others like Boeing Commercial Airplanes (most recently designing and leading a “Next 100 Years” strategic foresight project), Microsoft, The Home Depot, Adobe, Ernst & Young, PaineWebber, ShareBuilder, Club of Amsterdam, REI, Weyerhaeuser, Hewlett Packard, Novo Nordisk, U.S./Mexico JWC, APAX Partners, Atlanta 2060, Tulsa 2025, , FHWA Advanced Research, Eddie Bauer, Procter & Gamble, ACE Hardware, IHOP, John Deere, Lexis Nexus, Land O Lakes, Mass Mutual, Mutual of Enumclaw, ING, Colorado League of Cities, U.S. Army Corps of Engineers, and others. Transportation clients include USDOT, FHWA, Idaho Transportation 2030, Michigan DOT 2030, Louisiana DOT, Texas Transportation Forum, and various auto, trucking and rail related businesses including America Trucking Association, Great Dane Trailers, Union Pacific, Toyota, Great Western Insurance, and others.

In this show, Carlos will be interviewing Max Keiser and Stacy Herbert who are the Godfather and Godmother of Bitcoin. They are in the crypto space since Bitcoin 2011 when BTC was a dollar.  Upon graduating from New York University, he started working as a stockbroker on Wall Street from 1982 through1990 at firms; Paine Webber, Oppenheimer and Co., Shearson Lehman Hutton, and Alex. Brown & Sons. He went into semi-retirment in 1990 moving to Paris, France. In 1995, he was asked by Alec Baldwin to move to Los Angeles and co-produce a film he had written and sold to Miramax. While in LA he and Michael Burns started the Hollywood Stock Exchange where Max invented the Virtual Specialist Technology pat. no 5950176 (later sold to Cantor Fitzgerald). He again went into semi-retirement in France, where he met his future wife Stacy Herbert and they started colloborating on film and TV projects for various international outlets such at the BBC, al jazeera english, press TV, RT and france 24. For more information on this badass couple; go to: https://www.youtube.com/user/MaxKeiserTV    ************************ ***ABOUT CARLOS SIQUEIRA**** Carlos' dream is to make poverty history and use entertainment to bring wisdom, business strategies, inspiration and personal development to leaders throughout the world in a way that is fun, exciting, and that creates lasting change.  Carlos has been helping thousands of authors, coaches and speakers over the last 20 years becoming industry influencers, creating massive wealth and living a legacy.  Carlos passion is giving back for children in need around the world. Carlos loves traveling to 3rd world countries to educate kids from a very young age by teaching them entrepreneurial habits in addition to applying mindset strategies to go out and achieve their dreams. Carlos is no stranger to hardship and struggle. He grew up in poverty and family crises in a dangerous part of Northern Brazil.  Starting by selling his grandmother's bread of the streets of his city when he was only 7-years-old, he worked his way up to become a number one top selling sales executive and trainer/mentor for a number of Fortune 500 companies in the U.S.    ✔️  Follow Carlos on Instagram:  https://www.instagram.com/carlosinspire   * If you like to read Carlos inspirational book, "Work Like an Immigrant"; go to the link below: http://bit.ly/mustmodebook   *  

John Huemoeller, CEO of AXIM® Biotechnologies, an international healthcare solutions company based in San Diego targeting oncological and COVID-19 research, discusses three first-of-their-kind COVID-19 neutralizing antibody tests. They have developed the world's first rapid diagnostic test for detecting COVID-19 neutralizing antibodies and are waiting on EUA approval based on its proven test's accuracy in blood and serum. John Huemoeller currently serves as CEO of AXIM Biotechnologies, Inc. Mr. Huemoeller has over 35 years’ experience in investment banking, finance, sales and marketing. He began his career as an investment advisor in 1982 with M.L. Stern & Company a municipal bond firm in California and became a registered principal in 1985. He has previously been registered with various state insurance boards, as well as with the Chicago Board of Trade as a commodities broker. Mr. Huemoeller has worked for Smith Barney, Drexel Burnham, Prudential Securities, and Paine Webber and has extensive experience in stocks, bonds, commodities, mergers and acquisitions, leveraged buyouts and private placement transactions. Prior to becoming CEO of AXIM Biotechnologies, Inc. in 2018, Mr. Huemoeller served on the Board of Directors of AXIM Biotech, as Chairman of the Audit Committee, beginning in July 2017.

LIVE at 8pm ET, A Metsian Podcast is back with our regularly scheduled program, this the 67th official edition. Tonight, Journalist Laura Goldman joins us, who was front and center in many Mets fans' twitter feeds as the process of the sale to Steve Cohen unfolded. Laura Goldman is a graduate of the Wharton School of the University of Pennsylvania. She worked at Merrill Lynch, where she was number 1 in the Philadelphia office at one time, Paine Webber, and at her own firm which cleared through Bear Stearns. She currently advises high net worth individuals through LSG Capital. She is also an consultant to ABC News where she helped produce the well-received Biden and Trump townhalls moderated by George Stephanopoulos. We'll discuss how she got entangled in the #MetsTwitterverse, her perception of Cohen, what she thought about being the brunt of some twitter hate her way from a Cohen interaction with a disparaging fan, and her general background in finance and journalism. We'll also discuss the offseason plans as the front office search is underway, the one player to wear 67 in Mets history, as well as the 1967 Mets season. So, join us at 8pm ET for the latest edition of A Metsian Podcast!  

LIVE at 8pm ET, A Metsian Podcast is back with our regularly scheduled program, this the 67th official edition. Tonight, Journalist Laura Goldman joins us, who was front and center in many Mets fans' twitter feeds as the process of the sale to Steve Cohen unfolded. Laura Goldman is a graduate of the Wharton School of the University of Pennsylvania. She worked at Merrill Lynch, where she was number 1 in the Philadelphia office at one time, Paine Webber, and at her own firm which cleared through Bear Stearns. She currently advises high net worth individuals through LSG Capital. She is also an consultant to ABC News where she helped produce the well-received Biden and Trump townhalls moderated by George Stephanopoulos. We'll discuss how she got entangled in the #MetsTwitterverse, her perception of Cohen, what she thought about being the brunt of some twitter hate her way from a Cohen interaction with a disparaging fan, and her general background in finance and journalism. We'll also discuss the offseason plans as the front office search is underway, the one player to wear 67 in Mets history, as well as the 1967 Mets season. So, join us at 8pm ET for the latest edition of A Metsian Podcast!  

Growing an RIA with Charitable Giving Andrew Aran, Regency Wealth Management – The Sharkpreneur podcast with Seth Greene Episode 484 Andrew Aran Andrew Aran joined Regency Wealth Management as a Partner in 2010 after a two-year affiliation with LPL Financial and over 18 years in Alliance Bernstein’s Fixed Income Division. As a Senior Vice President, he formed and headed Alliance’s corporate bond research group, managed institutional global credit portfolios, a credit-oriented hedge fund, and a retail balanced mutual fund. He has also helped manage numerous institutional and retail bond strategies including open end and close end mutual funds and money market funds. His prior experience includes research roles at PaineWebber, Citibank, and Standard & Poors after being a Relationship Manager at The Chase Manhattan Bank. A visible and respected professional, Andrew has been published in Institutional Investors, authored a case study in Fabozzi’s Bond Credit Analysis: Framework & Case Studies, has been quoted in The New York Times and The Wall Street Journal; has been quoted or interviewed multiple times on Bloomberg and CNBC and has spoken at numerous financial conferences around the world. He also served on Markit iBoxx’s Oversight Committee. He is a member of the CFA Institute, FIASI, NYSSA (bond and stock analysts associations), and is an Associate member of The National Association of Personal Financial Advisors. Andrew earned a B.A. from Rutgers University in 1978, an M.B.A. from Fordham’s Graduate School of Business in 1980 and was awarded a Chartered Financial Analyst designation in 1986. He served as President of the Bergen County Chapter of the New Canaan Society from 2011-2015 and still remains active within the organization. Andy is currently a member of the Advisory Board of Street 2 Street and is on the Christian Health Care Center’s Foundation Board. He previously Chaired the Trustee Board at Star of Hope Ministries in Paterson, N.J. He is a member of Grace Church of Ridgewood where he has served on the Elder Board and their finance committee. He is blessed by his marriage to Cindy and with their three children. Listen to this informative Sharkpreneur episode with Andrew Aran about growing an RIA with charitable giving. Here are some of the beneficial topics covered on this week’s show: ● How sharing the work of a client between people helps better serve the client. ● Why delivering excellence to their clients leads to word of mouth advertising. ● How investments have been impacted by the COVID-19 pandemic. ● Why it’s important to keep your clients informed and served right now. ● How you can create brand awareness by being involved in the community. Connect with Andrew: Guest Contact Info Facebook facebook.com/RegencyWealthMangementNJ LinkedIn linkedin.com/company/regency-wealth-management Links Mentioned: regencywealth.com Learn more about your ad choices. Visit megaphone.fm/adchoices

My guest today is a distinguished trial lawyer who has won cases against some of the biggest Wall Street firms, including Wells Fargo, Paine Webber, Securities America and the Prudential Equity Group. He was also one of the first to uncover and report on convicted Hollywood producer Harvey Weinstein’s crimes and played a big role in Weinstein’s downfall and conviction.

Late in 2006 I was running a practice at UBS Wealth Management and using their equity management team out of Chicago for a lot of my equity management services. I would go to Chicago and meet with them at least a couple of times a year and found the process collaborative, informative, and intellectually engaging. But all of my other money manager relationships were in New York City, so when UBS asked me to go to speak to their new advisor class in November that year (in Weehawken, NJ, where their operational headquarters are that they inherited from the old Paine Webber), I decided to schedule a few meetings with other portfolio relationships. I was only overseeing $100 million at the time, 4% of the assets we manage now, yet it never occurred to me that I may have a hard time scheduling appointments. As a pure aside, this trip double-dipped as a recruiting trip for another major Wall Street firm who was pushing me to join them in the opening of a new Newport Beach office for their firm. I met with their legendary CEO, a fellow named Ace Greenberg, and heavily considered their extremely flattering offer. The name of that firm … Bear Stearns. In March 2008, they would be dead and gone, sold to the loving arms of JP Morgan for $2 per share (from over $150). Suffice it to say, I didn't join them after those enticing meetings. God was watching. Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Welcome painter Pat Coomey Thornton to In-Focus Podcast Number 49. Pat is one half of a painting power couple! Her husband, John Havens Thornton is also a painter of note. She holds an MFA from Pius XII Institute Graduate School of Fine Arts, Florence, Italy, and a BFA from the Massachusetts College of Art, Boston. Pat Coomey Thornton taught at the School of the Worcester Art Museum before working at Rhode Island School of Design for 20 years.She has exhibited in galleries and museums in Massachusetts and Rhode Island and her works are in the collections of the Rose Art Museum, at Brandeis University, Paine Webber, and Meditech as well as in private collections. Pat works in oils on canvas and gouache, watercolor, and mixed media on paper, using abstraction to create energy and associations with life.   music courtesy of www.bensound.com

Most Experienced ECD? OK, One Of Them,Of course, you can argue with my description of Patrick (Pat) Peduto. But go ahead and argue with the following...ECD on accounts like Burger King, Toyota, AT&T, Nabisco. See the list at the bottom.Author of "I Wrote The Book On Advertising"Member of the Directors Guild & commercial director.Actor.Professor.Owner of the agency RocketScience Creative.YO - Hypnotism coming: Remember to subscribe to Advertising Stories. Remember to subscribe to Advertising Stories.A nice thing for me… Feedspot has recognized Advertising Stories as being a top 15 advertising podcast.Keep going......... Ok,Pat's clients... ABC Entertainment, Access Fund, A-Cute Derm, Act!vate, Adatom.com, agencyfinder.com, Alaska Distillery, ASM Fund, AT&T, Alka-Seltzer, Almond Joy, AVIS, Bayer Aspirin, Bally Total Fitness, BellSouth, Beneficial, Birds Eye, Burger King, Camel Filters, Canon, Century21, Chelsea Market, Ciroc, Citibank, Clairol Ultress, Club Med, Coca-Cola, Con Edison, Cox Interactive Media, Creative Artisan Brands, Crunch, Cuervo 1800, Delta, Diet Coke, Don Q Rum, Donnelley Directory, E-Z Wider, EasyLink--AT&T, EliasArts, Exxon, Florida Citrus, Frontier Brands, GE Rechargable Batteries, GM Credit Card, Gold Medal Flour, Grand Marnier, IBM--Latin America, Hamm's Beer, Hanes Hoisery, Hardee's, Healthy Home Environmental, Hellmann's, Holiday Inn, homedelivery.com, Honey Graham Bears, ICI Americas, Interview Magazine, Investment Expo, JAL, JetUSA, Joker, Kellogg's, Kodak films, Kodak Photo CD, Kodak 35mm Cameras, Krystal, Lamaze Publishing, LaMotta's Tomatta Sauce, Lexus, L'Eggs Sheer Energy, Lipton, L'OREAL, Lucent, IRS, Life Savers, Lufthansa, Luxe Hotels, Manhattan Mortgage, Marriott, McDonald's, MGD, Miller Beer, Mistic, Molson, Nabisco Cookies, National Car Rental, National Council for Adoption, Navan, New Jersey Online, New York Life, NewsWorks, Nomad Networks, Northcoast Consulting Group, NYC Office for Economic Development, Nikon Cameras, Northwest Airlines, Nucoa Margarine, Olympia Beer, PT-1, Palm Springs International Raceplex, PaineWebber, Parker Brothers, PheasantRun, Pizza Hut, Pleasant Company, Ponds, Portfolio School, Prodigy, Nuprin, Ragu, React.com, Ruffino, Rums of Puerto Rico, Rival Dog Food, SFATA, Sandella's Cafe, Schick Electric, Skippy, Smirnoff, STP Motor Oil, Stella Show Mangement, Stockgroup.com, T42, TailWinds Distillery, Tampax, TIME, Talbot Hotel, Tommy Hilfiger, Toyota, US Army, US Postal Service, Unisys, United Craft Distillers, UrbanGlass, Virgin Atlantic, Wall Street Journal, Winston, Wrangler, Wendy's, Wheaties, Woolmark Co, Yoplait.

The US asset management industry is the largest in the world with assets under management totalling over $50 trillion, double the size of Europe’s assets of between $26 - $30 trillion. With products so similar but audiences so different, each market requires a different approach and strategy.In this week’s episode Twink is joined by Cynthia Holahan, Marketing Director of North America at Ninety One, and Gabriel Altbach, Head of North America at White Marble Marketing, to discuss the essentials of the US asset management industry and managing the need for localised campaigns for successful cross Atlantic marketing. Themes covered in this podcast: - The major differences between the European and US markets - Industry localisation beyond semantics- The prominence of digital marketing as a visible strategic function for US asset managers- Trends and challenges for US asset managers - The slow progression of ESG in the US asset management industry Cynthia Holahan is a financial services marketing and communications professional with more than 17 years’ industry experience. Prior to joining Ninety One, Cynthia held roles as Vice President, of OppenheimerFunds and Goldman Sachs where she was responsible for brand, digital and content strategy, innovative cross-channel marketing techniques and corporate strategy.Gabriel Altbach is a well-recognised expert with over 21 years’ experience in the global asset management industry working predominantly in the US, with additional stints based in Italy and the UK. His experience spans a wide range of roles, from his start as a Financial Advisor at UBS (then PaineWebber), to serving as Global Head of Strategy and Marketing for Pioneer Global Asset Management and Amundi Asset Management.

We are so pleased to have our guest Brian Barefoot with us today. Brian has one of the most distinguished careers I've seen in a long time. Not too many folks graduate from college, have an incredibly successful business career, then return to their alma mater as President. Brian did exactly this with Babson College outside of Boston, MA. In between, he had a long career in as an C-level executive in financial services at Merrill Lynch and Paine Webber. He was also CEO at NeoVision Hypersystems, a technology firm that invented “heatmaps” until its sale in 2001. Brian currently serves as a board member of a blockchain start-up, a banks and two investment funds. As if that's not enough he has served on the board of Blue Cross Blue Shield of Massachusetts and our own Cleveland Clinic Indian River Medical Center Foundation in Vero Beach, FL. He served as mayor of Indian River Shore, FL from 2013-2018 and, finally, he is running for school committee here in Indian River County. You can't get more Local than that.

Recently, there has been a lot of money, trillions of dollars, pumped into the markets and economy. What is the impact on inflation, how could this impact the broader markets, what do near zero interest rates mean? To tackle this and much more, I am happy to welcome back Rich Weiss, a Senior Vice President and Chief Investment Officer, Multi-Asset Strategies for American Century Investments. Rich brings some great stories, ability to break down complex topics and make them understandable and a few jokes to the podcast today.    Before we get started, we have some great new episodes coming up featuring my conversation with a 401(k) plaintiff’s attorney, another one talking with one of the private equity firms who applied for the recent DOL information letter to get their thoughts on allowing private equity in 401(k) plans and a detailed look at Regulation BI which takes effect on June 30th. If for any reason you are not subscribed to the podcast, you can take care of that by searching 401(k) Fridays on your favorite podcast app or by visiting 401kfridays.com/subscribe.    Guest Bio Richard Weiss is senior vice president and chief investment officer, Multi-Asset Strategies for American Century Investments. Mr. Weiss oversees the team that manages the firm's multi-asset strategies, including the One Choice (Target Risk and Target Date) Portfolios®, Strategic Allocation and investments offered in the Learning Quest® 529 Education Savings Program. He also serves as a member of the American Century Investments Asset Allocation Committee, which is responsible for establishing investment policy and reviewing investment decisions for all of the firm's multi-asset products. Prior to joining the firm in 2010, Mr. Weiss was executive vice president and chief investment officer of City National Bank, where he was responsible for the bank's investment management group and directed investment policy and strategy. Previously, he was executive vice president and chief investment officer at Sanwa Bank California, where he managed all aspects of their investment department. Earlier in his career, Mr. Weiss held senior investment positions at Vantage Global Advisors, TSA Capital Management, PaineWebber and Mellon Bank. An investment veteran with over 35 years of experience, Mr. Weiss holds a bachelor's degree in finance from the Wharton School at the University of Pennsylvania and an MBA from the University of Chicago. He has authored several academic papers and is well known for his advanced work in the field of global investing. Mr. Weiss is also a frequent guest on CNBC, Bloomberg Television, Fox Business and Bloomberg Radio.   401(k) Fridays Podcast Overview Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 200 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode each Friday!

Arden Joseph, is a first-generation Haitian-American. She was born in Brooklyn, NY but spent the first three years of her life in Haiti. At the age of three, she and her siblings joined her parents in New York and the family began to work towards their American dream. She is a graduate of New York University, Stern School of Business, with a Bachelor of Science in Finance and earned a Juris Doctorate from Albany Law School. Arden always wanted to combine her two degrees and has been able to do that throughout her career. Prior to attending law, she worked for one year at PaineWebber which is now UBS. After graduating from law school, her journey brought her to work for a commodities company. She then joined Citigroup in New York where she worked for eleven years as senior member of their capital markets legal team. There, she partnered extensively with various stakeholders as a transactional attorney. As a result of Citigroup establishing an on-shore regional legal office, she lost her job but she took that as the perfect opportunity to relocate. In 2015, she joined Deutsche Bank in Jacksonville, Florida as a member of their legal department. In her role, among other things, she negotiates derivative contracts for hedge funds, corporate and institutional clients. Arden enjoys traveling and has had the opportunity to travel to several states, Caribbean islands and Europe. --- Support this podcast: https://anchor.fm/freeman-means-business/support

Stan The Annuity Man is nationally recognized as the top independent annuity agent in the United States and has been called “America's Annuity Agent.” Licensed in all 50 states, his “Will Do, Not Might Do” contractual guarantees-only mantra sets him apart in the annuity industry. With over 3 decades of financial experience, while previously working at Dean Witter, Morgan Stanley, Paine Webber, and UBS, Stan The Annuity Man understands markets and investments and knows how annuities can properly fit in a portfolio.   Stan has published 7 books on annuities, writes weekly columns for national financial media outlets, publishes a new educational video to his Stan The Annuity Man YouTube channel on a daily basis, oversees TheAnnuityMan.blog, and hosts The Annuity Man Podcast every week on all major platforms. Without question, Stan The Annuity Man is not only the top annuity agent, but the #1 annuity educator and annuity content originator on the planet.   Stan The Annuity Man has been a keynote speaker at almost every major financial trade show and for many top financial organizations. His brutally factual approach to explaining the truth about annuities to consumers will add value to your podcast and be an informational and educational gift to your listeners. During this show we discuss: All about annuity and how to know if it's for you What happens when you annuitize 5 dangerous mistakes that annuity shoppers make How you can easily spot an empty annuity pitch When you should not buy an annuity When you need to buy an annuity Some economic factors that affect annuity you should consider before buying an annuity How to know the right one (annuity) for you Avoidable annuity charges I need to know that your agent may not tell you about What to consider when switching between annuities 5 annuity strategies that can combat low interest rates How to get past a “deceptive” but convincing annuity sales pitch The most important question to ask before accepting an annuity offer About index annuity 3 pros and cons of an indexed annuity About an annuity carrier Annuity IRA strategies you may consider when retiring or about to retire And much more…

Thank you Paine Webber --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

On this episode, Hall welcomes Jimmy Frischling of Branded Strategic Hospitality. Before investing in early-stage companies, Jimmy has a career spanning just under 30 years in financial and capital markets. He started his career in investment banking with a firm called Kidder Peabody - which no longer exists - and was always on the sell-side working for firms such as Bear Stearns and Paine Webber. Jimmy then moved on to work with institutional and large banks with Florida Securities where he ran the US-structured credit team. There was a focus on debt and fixed income as well as illiquid, opaque and emerging asset classes. In this episode, you'll hear about Jimmy's path to investing in the hospitality technology sector as well as advice to new investors in the space. According to Jimmy, a key component is to be about people. Get to know the founder, the CEO and their leadership, the people they're surrounding themselves with, because that's going to be a big factor.

For over two decades Michael Carroll worked on Wall Street and in the publishing industry, holding executive positions at Shearson Lehman/AMEX, Paine Webber, Simon & Schuster, and the Walt Disney Company. He is the best selling author of Awake at Work , The Mindful Leader , Fearless at Work and Mindful Leadership Training and has lectured on the topic of mindful leadership at Swarthmore College, Wharton Business School, Harvard Business School, Yale University, Fundação Dom Cabral, American University, Queens College, University of Sydney, , Duke University, Virginia Tech, University of Toronto, and other universities and conferences throughout the world. Learn more about your ad choices. Visit megaphone.fm/adchoices

“It’s a marathon, not a sprint” describes the investment time horizon of Tweedy, Browne’s senior portfolio managers William Browne and John Spears. Wall Street is haunted by the ghosts of brokerage firms past. Names such as Dean Witter, Kidder Peabody, PaineWebber, and Smith Barney were thriving independents. No more! Even the Merrill Lynch name is being gradually erased by parent company Bank of America. There is one old-line firm still standing however with an impeccable investment pedigree that is carrying on its deep-rooted value traditions. It is Tweedy, Browne Company Although they are both traditional long-term value investors there is nothing old fashioned about their performance. Buffett’s partner Charlie Munger once described Tweedy Browne as “…absolute spiritual descendants of Ben Graham… they are like Buddhists or Tibetan monks who absolutely bought into the catechism.” Classic value investing – delivering modern outperformance. In a WEALTHTRACK exclusive, Tweedy, Browne’s senior portfolio managers explain their Ben Graham/Warren Buffett approach. WEALTHTRACK #1552 broadcast on June 14, 2019. https://wealthtrack.com/the-culture-of-value-investing-from-ben-grahams-warren-buffetts-former-brokerage-firm/ --- Support this podcast: https://anchor.fm/wealthtrack/support

Episode Summary Benoy goes deep into Kumar’s experience of evolving from his finance background into developing distributive energy projects in the U.S. and the new innovations in customer acquisition and financing that have allowed Kumar to become successful with his company. In addition, Kumar share strategies to investing and why Kumar likes to invest during the seed round of companies that he believes in Cleantech.   About Our Guests:   Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy and he is also an advisor for several solar startup companies. Reneu Energy is a premier international solar energy consulting firm and developer and the company focuses on developing commercial and industrial solar and utility scale solar plus storage projects. The company also sources financing for solar projects and hedges energy and environmental commodities. Reneu Energy has brokered $27 million in environmental commodities transactions. Benoy received his first experience in Finance as an intern at D.E. Shaw & Co., which is a global investment firm with 37 billion dollars in investment capital. Before founding Reneu Energy, he was the SREC Trader in the Project Finance Group for SolarCity which merged with Tesla in 2016. He originated SREC trades with buyers and co-developed their SREC monetization and hedging strategy with the senior management of SolarCity to move into the east coast markets. Benoy also worked at Vanguard Energy Partners, Ridgewood Renewable Power, and Deloitte & Touche.   Kumar Aiyer Kumar is the founder and Managing Partner of Blue Flame Energy Finance LLC, a start-up company in Carlsbad, CA focused on the commercial and industrial energy sector. Since 2011 he has served as the Managing Partner of CleanFin LLC., a structured-finance advisory firm focused on the sustainability sector. Prior to his career in clean energy finance, he was a portfolio manager and strategist on Wall Street in the residential mortgage and asset backed securities industry. He was a senior portfolio manager at ZAIS Group, a structured credit asset management firm in Red Bank, NJ from 2006 to 2011, working on residential mortgage securities and whole loans. He has also served in senior research strategy roles at Banc of America Securities, Credit Suisse, and Paine Webber.   PhD, Electrical Engineering from University of Rochester MS, Renewable Energy Systems from Loughborough University Insight from this episode:   The challenges related to developing small scale solar projects BlueFlame’s technology platform called Hyperqual to assist developers and installers with financing their projects Tips on how to procure and scale businesses Strategies to streamline and finance a distributed energy portfolio How to recognize needs in a market Tips to use prior knowledge in other industries on our current endeavors In depth explanation of C-Pace- Commercial Property as a Solar Energy Strategies to finding product market fit Secrets to recruiting great team members   Kumars suggestions for being an entrepreneur Be passionate about what you do Do research to make sure there is adequate funding for your business to grow Quotes from the show:   “What we found is practice is very different from theory.”- Kumar Aiyer Episode 25 “I am very passionate about climate change and renewables at a high level. ”- Kumar Aiyer Episode 25 “We are working with a lot of greenhouses that grow organic lettuce and things like that, that are also big energy consumers and they need innovative financing” - Kumar Aiyer Episode 25 “Right now C-Pace is limited to certain states and jurisdictions” - Benoy Thanjan Episode 25 “I put money where my mouth is” - Kumar Aiyer Episode 25 “Our focus is very simple, we want to bring in the cheapest cost of financing to these projects for our customers” - Kumar Aiyer Episode 25 “Identify the segment that you are looking to finance make sure there is adequate funding for your business plan to go 1-3 years and grow”  - Kumar Aiyer Episode 25 Resources Mentioned: https://apifortress.com/ Stay Connected: Solar Maverick Podcast: solarmaverickpodcast.com   Benoy Thanjan LinkedIn.com/bthanjan info@reneuenergy.com www.reneuenergy.com Facebook: Reneu Energy   Kumar Aiyer: info@bfef.biz https://www.linkedin.com/in/kumaraiyer/

Over the past two decades, Jon Tota has established himself as a pioneer in online education for corporate training. He began his career on Wall Street in sales and technology positions at PaineWebber and UBS. Then after years as a business analyst to some of the largest firms in financial services, Jon co-founded Edulence in 2002 to develop online training solutions for corporate educators. Now Jon spends his time focused on discovering the best experts and helping them turn their knowledge into a subscription business on Knowledgelink. Jon is also hosts the KnowledgeLink Podcast so NOW he gets to sit on the other side of the microphone and connect with Lou Diamond on Thrive LOUD. *** Connect to Lou Diamond: www.loudiamond.net Subscribe to Thrive LOUD: www.thriveloud.com/podcast    

Is income investing possible in today's market?   Unlock Your Wealth Today and Heather Wagenhals' gives you MUST-HAVE tools to increase your wealth, reduce stress, get back your time and live better now.   On today's episode Heather is making success simple by sharing income investing secrets. The basics of income investing are simple when you know the right person to go to and who to trust when seeking information and expertise about investing your hard earned money. Income investing champion Bryan Perry will help us navigate the income investing waters. He is part of our team of featured experts from Eagle Financial Publications and we are going to learn all about the world of income investing and how you can get started investing simply once you understand the basics.   Who's On:   BRYAN PERRY spent 20 years as a financial adviser for major Wall Street firms, including Bear Stearns, Paine Webber and Lehman Brothers – where he learned the fat cats' best-kept secrets for boosting income. For the last 10 years he's been sharing them with income investors like you and me to make 3x, 4x, 5x or more what traditional income investments pay. Bryan's services include Cash Machine, Premium Income, Quick Income Trader, Instant Income Trader, Hi-Tech Trader.   What's Shared:   What is income investing?   How does it work?   Can we use this for retirement?   What about market volatility?   And so much more...   Learn More with Resource Links:   MoneyCreditAndYou.com   UnlockYourWealth.com   SevenSellingSecrets.com   JimWoodsInvesting.com   This Week's Key:   Remember Real Estate   Join us Mondays at 9AM Pacific for our Unlock Your Wealth LIVE show at our Facebook fan page at https://www.facebook.com/UnlockYourWealthTV/ You can hop on the show and directly ask questions!   Special Offers:   Get your FREE book from our sponsor Audible at AudibleTrial.com/UnlockYourWealth and click on the link to choose from over 150,000 titles for your iPhone, Android, Kindle or MP3 Player!   Join us on Instagram ( http://Instagram.com/UnlockYourWealth ) Wednesdays at 7:30 PM Eastern where Heather shares her mid-week update! also follow @unlockyourwealth so you always know every time Heather does the new broadcast. For free tools and resources, give Heather an inbox message after each show for the complimentary resource she offers. FREE is GOOD! Do it now!   Featured Expert Links:   JIM WOODS Successful Investing Intelligence Report Fast Money Alert JimWoodsInvesting.com   DR. MARK SKOUSEN Forecasts & Strategies TNT Trader Five Star Trader High-Income Alert   HILARY KRAMER GameChangers Value Authority High Octane Trader Turbo Trader   BRYAN PERRY Cash Machine Premium Income Quick Income Trader Instant Income Trader Hi-Tech Trader   BOB CARLSON Retirement Watch Retirement Watch Spotlight Series   MIKE TURNER TurnerTrends Tools Signal Investor Quick Hit Trader   Tags: income investing, Personal finance, investing, ID theft, wealth, health, wisdom, luxury lifestyle, pleasurable pursuits, millionaires, keys to riches, money, credit, heather wagenhals, hilary kramer, mark skousen, bryan perry, bob carlson, mike turner, jim woods  

In this episode, Angelo speaks with Stephen McCarthy, Executive Producer at Quixotic Endeavors. Stephen shares diversified professional experience in both the financial services and foundation management sectors. Before establishing the family run entity in the mid 1990’s, for almost a twenty-year period, he held senior executive positions in the strategic planning, credit/risk management, business consulting, capital markets and retail brokerage arenas at PaineWebber, Security Pacific, Deloitte, Citibank and Bache respectively.

  Investment advice is everywhere and much of it is free.   Free is not always good. The most valuable investment advice is harder to come by and there's a reason for it. Those giving the time-tested, strategic advice are in the trenches everyday doing the research, evaluating the information and taking action by systematically implementing their findings.   My goal with this show, my books, workshops and live educational events is to demonstrate "how to" manage your money, physiology, and emotions successfully. That is what I research , test, and evaluate results. My coaching clients have benefited from those efforts over time. The "what" to invest in to achieve financial freedom is outside of this purview. That is why I am excited to bring to you a unique alliance with the six following market analysts and will introduce them to you on today's show. You have heard from two of them and will more with the rest in the coming episodes.   Unlock Your Wealth Today and Heather Wagenhals' gives you MUST-HAVE tools to increase your Wealth and live better now.     What's Shared:   Today I am introducing you to the top six investment analysts to help you take specific actions to build wealth and achieve financial freedom. Here they are:   Recommended Experts DR. MARK SKOUSEN is a financial advisor, former CIA analyst, university professor, and author of more than 25 books. Recently named one of the World's Top 20 Living Economists, Dr. Skousen has been helping investors like you and me make money for almost 40 years through his flagship publication Forecasts & Strategies.  You only last that long if you deliver profits, year after year. Mark also edits TNT Trader, Five Star Trader, High-Income Alert, and Fast Money Alert.   JIM WOODS has over 20 years of experience in the markets as a broker, hedge fund trader, newsletter editor, and contributor to numerous financial outlets. He's also a decorated special forces veteran, experienced horseman, motorcycle enthusiast and poet. Jim's unique blend of experiences gives him a world view unlike any other, one which led him to become the #5 stock picker in the world (out of 6,278 experts), according to Tipranks.com. Jim currently edits Successful Investing, Intelligence Report and works with Dr. Mark Skousen on Fast Money Alert.   HILARY KRAMER is a former hedge fund manager and investment banker who was so successful, she retired from Wall Street at age 40. While there, however, she earned the nickname “Millionaire Maker” for her profitable advice. For nearly a decade, Hilary's used that same expertise to help individual investors make money through her services GameChangers, Value Authority, High Octane Trader, and Turbo Trader.   BRYAN PERRY spent 20 years as a financial adviser for major Wall Street firms, including Bear Stearns, Paine Webber and Lehman Brothers – where he learned the fat cats' best-kept secrets for boosting income. For the last 10 years he's been sharing them with income investors like you and me to make 3x, 4x, 5x or more what traditional income investments pay. Bryan's services include Cash Machine, Premium Income, Quick Income Trader, Instant Income Trader, Hi-Tech Trader. BOB CARLSON has earned the reputation as “America's #1 Retirement Expert” over his 25+ year career offering retirement, estate and financial planning advice. He holds both a J.D. and M.S. from the University of Virginia, as well as a B.S. from Clemson. In addition, Bob currently serves as Chairman of the Board of Trustees for one of the nation's largest retirement plans ($2.8 billion in assets). Bob edits Retirement Watch – his monthly advisory – and its companion video service, Retirement Watch Spotlight Series.   MIKE TURNER's financial, mathematical, computer science and engineering background serve as the foundation for his disciplined, rules-based approach to trading. His recommendations are based on solid fundamental, technical and time-cycle based forecasting analytics – and so accurate Bloomberg makes them available on its 330,000 terminals worldwide. Mike is the founder of TurnerTrends Tools and editor of Signal Investor and Quick Hit Trader.   Learn More with Resource Links:   MoneyCreditAndYou.com   UnlockYourWealth.com   SevenSellingSecrets.com   Featured Expert Links:   JIM WOODS Successful Investing Intelligence Report Fast Money Alert JimWoodsInvesting.com   DR. MARK SKOUSEN Forecasts & Strategies TNT Trader Five Star Trader High-Income Alert   HILARY KRAMER GameChangers Value Authority High Octane Trader Turbo Trader   BRYAN PERRY Cash Machine Premium Income Quick Income Trader Instant Income Trader Hi-Tech Trader   BOB CARLSON Retirement Watch Retirement Watch Spotlight Series   MIKE TURNER TurnerTrends Tools Signal Investor Quick Hit Trader   This Week's Key:   Take Emotion out of the Picture   Join us Mondays at 9AM Pacific for our Unlock Your Wealth LIVE show at our Facebook fan page at https://www.facebook.com/UnlockYourWealthTV/ You can hop on the show and directly ask questions!   Special Offers:   Get your FREE book from our sponsor Audible at AudibleTrial.com/UnlockYourWealth and click on the link to choose from over 150,000 titles for your iPhone, Android, Kindle or MP3 Player!   Join us on Instagram ( http://Instagram.com/UnlockYourWealth ) Wednesdays at 7:30 PM Eastern where Heather shares her mid-week update! also follow @unlockyourwealth so you always know every time Heather does the new broadcast. For free tools and resources, give Heather an inbox message after each show for the complimentary resource she offers. FREE is GOOD! Do it now!   Tags: Personal finance, investing, ID theft, wealth, health, wisdom, luxury lifestyle, pleasurable pursuits, millionaires, keys to riches, money, credit, heather wagenhals, jim woods, Dr. Mark Skousen, Hilary Kramer, Bob Carlson, Mike Turner, Bryan Perry    

I had the pleasure to sit down with Christopher Bollenbach, Partner and CEO of Bottega Louie Restaurant, Gourmet Market & Patisserie @bottegalouie, www.bottegalouie.com.    Chris and his brother Keat created found the restaurant in 2007 in downtown Los Angeles at the corner of 7th and Grand.  The restaurant was a success from day one. Chris built the early part of his career in finance, first working at a saving bank in Utah at the age of 20 before moving onto Wall Street in 1990.  All told he spent 25 years in finance and banking at UBS, PaineWebber, Merrill Lynch and Citi Smith Barney.  Along with his financial services experience Chris has also served in a variety of executive management and directorship positions in agriculture, real estate development, tech and hospitality. Chris opens up about the story behind Bottega Louie.  He talks about leadership in the work place, challenges running a restaurant, and why rock N roll and finance are a good mix. This is a really fun interview, lots of good stuff. Please enjoy, and as always thank you for listening.

Today on Blunt Business we speak to Arthur de Cordova, the managing director and co-founder of Ziel. Arthur's company focused on providing safety solutions for the domestic and global food and cannabis industries through radio frequency and microwave technology. Arthur built multi-million dollar sales of technology products for over a decade in the clean energy space, providing innovative technological and financial solutions to Fortune 500 companies. He led the strategic account initiatives at SunPower, Solyndra and ClearEdge Power, where he was VP of global sales. Prior to working in energy, Arthur was a country manager at the pharmaceutical multinational AstraZeneca, where he was tasked with building their business presence in Russia. After university, he worked on Wall Street in the institutional equity trading operations of PaineWebber and then Bear Stearns. Graduating from Georgetown University with a degree in finance and business administration, Arthur has also studied at the Netherlands School of Business, Stichting Nijenrode, and the International Institute for Management Development in Lausanne, Switzerland. At Ziel, Arthur is responsible for all revenue, marketing, and business development functions, as well as legal and finance.

Today on Blunt Business we speak to Arthur de Cordova, the managing director and co-founder of Ziel. Arthur's company focused on providing safety solutions for the domestic and global food and cannabis industries through radio frequency and microwave technology. Arthur built multi-million dollar sales of technology products for over a decade in the clean energy space, providing innovative technological and financial solutions to Fortune 500 companies. He led the strategic account initiatives at SunPower, Solyndra and ClearEdge Power, where he was VP of global sales. Prior to working in energy, Arthur was a country manager at the pharmaceutical multinational AstraZeneca, where he was tasked with building their business presence in Russia. After university, he worked on Wall Street in the institutional equity trading operations of PaineWebber and then Bear Stearns. Graduating from Georgetown University with a degree in finance and business administration, Arthur has also studied at the Netherlands School of Business, Stichting Nijenrode, and the International Institute for Management Development in Lausanne, Switzerland. At Ziel, Arthur is responsible for all revenue, marketing, and business development functions, as well as legal and finance.

Over the past two decades, Jon Tota has established himself as a pioneer in online education for corporate training. He began his career on Wall Street in sales and technology positions at PaineWebber and UBS. Then after years as a business analyst to some of the largest firms in financial services, Jon co-founded Edulence in 2002 to develop online training solutions for corporate educators. He now spends his time focused on discovering the best experts and helping them turn their knowledge into a subscription business on Knowledgelink. What you'll learn about in this episode: How Knowledgelink Network morphed in to what it is today Why you should turn your knowledge into a product and then scale it The power of having a positive focus The importance of building a strong team that will support you Why you need to be able to pivot and adapt as a business owner Why you should focus on profit margins rather than revenue growth A valuable lesson that taught Jon how to be secure when it comes to handling failure The value of developing systems around decision-making Why you should focus on the one thing where you provide the most value Why you need to focus on moving a little bit closer to your goal every day Ways to contact Jon: Website: knowledgelinknetwork.com Podcast: Learning Life

No matter how you slice it target date funds continue to play a larger role each year in the conversation around workplace retirement plan outcomes.  However, some of the decisions that plan sponsors and fiduciaries make on their target date funds are not evolving as quickly as maybe they should.  When I discuss with employers how they selected their target date strategy often times I hear answers like, they had the best performance, they were inexpensive or they were the one our provider offered.  While these details and others are important in selecting a target date strategy that will match your employee demographics and needs, there is much more that can and should be explored.  To help inform that conversation and illustrate how two very successful target date strategies can take very different approaches I happy to welcome back Rich Weiss, the CIO for Multi-Asset Strategies at American Century and Jerome Clark, a Portfolio Manager in the Asset Allocation Group at T. Rowe Price.  As portfolio managers of their respective firms target date strategies, there are certain things that both Rich and Jerome agree on but much more that they take very different approaches to or have very different opinions on.  Not only was this a ton of fun to have both guys on the podcast, but it illustrates just how important it is to get beyond the numbers when evaluating target date investments and to ensure you understand their process, beliefs and strategies.  Guest Bios Jerome Clark is a portfolio manager in the T. Rowe Price Asset Allocation Group and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and a vice president of T. Rowe Price Group, Inc. Mr. Clark has 25 years of investment experience, all of which have been at T. Rowe Price. He joined the firm in 1992 as a quantitative analyst in the Fixed Income Division. He was the portfolio manager of the U.S. Treasury Long-Term Bond Strategy from 1998 through 2003 and began managing asset allocation portfolios in 2001. Prior to joining T. Rowe Price, Mr. Clark was a captain in the United States Marine Corps and spent three years as a mathematics instructor at the U.S. Naval Academy. Mr. Clark earned a B.S. in mathematics from the U.S. Naval Academy, an M.S. in operations research from the Naval Postgraduate School, and an M.B.A. in finance from Johns Hopkins University. He has also earned the Chartered Financial Analyst designation. ​Richard Weiss is a Senior Vice President and Chief Investment Officer, Multi-Asset Strategies for American Century Investments.  He is the co-portfolio manager for the firm’s asset allocation strategies, including Strategic Allocation, Global Allocation and One Choice Portfolios®. He also serves as a member of the firm’s Investment Oversight and Asset Allocation Committees, which is responsible for establishing investment policy and reviewing investment decisions for all of our asset allocation products. ​Prior to joining the firm in 2010, Rich was executive vice president and chief investment officer of City National Bank, where he was responsible for their $12 billion investment management group and directed investment policy and strategy. Previously, he was executive vice president and chief investment officer at Sanwa Bank California, where he managed all aspects of their investment department. Earlier in his career, Rich held senior investment positions at Vantage Global Advisors, TSA Capital Management, PaineWebber and Mellon Bank. He has worked in the investment industry since 1984. ​Rich holds a bachelor’s degree in finance from the Wharton School of the University of Pennsylvania and an MBA from the University of Chicago. He has authored several academic papers and is well known for his advanced work in the field of global investing. 401(k) Fridays Podcast Overview Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your workplace retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 100 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode each Friday!

  We’ve all heard how difficult it can be to become a Navy SEAL – the physical challenges alone can make or break one’s success. Today’s guest and host of The Unbeatable Mind podcast, Mark Divine, had that part covered, but he ensured his success by mastering his thoughts as well.   From a disempowered background and core story, Mark didn’t always have dreams of becoming a Navy SEAL. In fact, he actually had a successful career as a CPA, but he longed for something more that also appealed to his athletic side.   Tune in to find out how Mark shifted his thought patterns and discarded those that didn’t work to accomplish his goals then and how he continues to apply those skills in his life and businesses now. I love how Mark’s approach links the heart and mind – you’re going to be amazed at just how simple it can be once you can quiet your mind and focus on one task at a time.   --      Questions Asked in This Episode: What led you to begin you Zen practice? What were some of the core beliefs of your family? What was the driver to become a Navy SEAL? Why did you find the process of becoming a Navy SEAL to be “easier?” If someone is feeling disempowered, what would you recommend for a visualization? What goes on in regard to training at your retreats? How can you break through mentally? What are you most excited about right now?   In This Episode We Talk about: How Mark went from CPA to Navy SEAL Mark’s Zen and meditation practice Changing the patterns of your thoughts from disempowering to empowering What it means to “practice on the bench” The BIG Four Skills (1. Breath Control 2. Maintaining, Managing and Curating Positive Direction of Emotions and Thinking 3. Always Hold an Image of What Success Looks Like and 4. Front Sight Focus) The importance and power of visualization Integrative training with mind and heart The Box-Breathing technique Disengaging from past events to free up energy The different levels of resiliency   Quotes:   “When I started asking better questions, then I started to get different answers.”   “The absence of thought is when the answers came to me.”   “Use your imagination to see a version of you that’s whole.”   “If you can see it, you can speak it and then you can believe it.”   “Create a positive memory of the future.”   “Sever the negative energy of the past so you can attract the force of the future which pulls you toward the future.”   “We always have value and a gift to give, no matter what happens to use, as long as we’re here.”   -- Mark is from upstate New York and did his formal undergraduate education at Colgate University. His years at Colgate University were focused on athletic endeavors such as competitive swimming, rowing and triathlon racing, interrupted by brief episodes of academic activity. After graduation from "the Gate" Mark started his professional career as a CPA with Coopers & Lybrand in New York City. Clients included luminous and no-longer existent financial firms such as Solomon Brothers and Paine Webber.  Four years later, with an MBA from NYU Stern School of Business in his briefcase, he left behind the suit to pursue his inner vision to become a Navy SEAL officer. He was 26 when he graduated as Honor Man (#1 ranked trainee) of his SEAL BUD/s class 170. Mark was fortunate to serve with many great men and women on active duty for nine years and in the reserves for eleven...retiring at the rank of Commander in 2011. After leaving active duty in 1997, Mark started his second business career as an entrepreneur. He co-founded the successful Coronado Brewing Company and launched NavySEALs.com in the same year he left active duty. To this day, it is the leading website for gear and information about the SEALs.  Mark's business career was interrupted by a stint as an Adjunct Professor of Leadership at the University of San Diego, where he was pursuing his Doctorate in Leadership, then by a one-year recall to active duty in 2004. The recall took him to Baghdad with SEAL Team One to conduct a special project for Naval Special Warfare Command surrounding the role of the USMC in Special Operations. While in Iraq, Mark developed Kokoro Yoga, which allows you to see, feel, hear, and live the goal you are looking to achieve through warrior visualization.  In 2007 he launched his CrossFit affiliate and the now internationally known SEALFIT program to provide transformational personal and team training experiences. The training utilizes an integrated warrior development model he developed, called Unbeatable Mind, which draws from his 20 years as a SEAL and business leader, 25 years as a martial artist and 15 years as yoga practitioner.  He now hosts a highly rated podcast on iTunes called Unbeatable Mind. SEALFIT and Unbeatable Mind are uniquely effective at elevating clients to a higher level of operating, thinking and leading - encompassing the full spectrum of human experience: Body, Mind and Spirit in Self, Team and Organization. Mark advises and trains a diverse group of clients through his Unbeatable Mind and SEALFIT programs including: Olympic medalists, CEOs, Superbowl champions and other professional athletes.    Resources:   The Unbeatable Mind Podcast https://itunes.apple.com/us/podcast/the-unbeatable-mind-podcast-with-mark-divine/id955637330?mt=2   UnbeatableMind.com SealFit.com Books: The Unbeatable Mind by Mark Divine http://a.co/36s1ZH8   The Way of the Seal by Mark Divine http://a.co/c0ncWFr IG: @sealfit Checkout my website at https://loriharder.com. Follow me on social media @LoriHarder on Instagram and Lori Harder on Facebook.

About our Guests: Shaun Lynda started out from humble beginnings, raised by a single mom and his sister in government housing he excelled in sports and academics. Shaun graduated with a Bachelor's Degree in Marketing and Finance. He later went on to work on Wall Street for Chase Manhattan Bank, Paine Webber and American Express. Being in a tower during 9/11 was a turning point for him that lead him to branch out on his own in 2002 to launch his online business, NicNatDirect.com, and flip real estate property in Brooklyn. Later in 2006 Shaun’s desire to pass  on the knowledge that he had gained over his career to the next generation lead to the concept of CLEAN. Dionne Nicholls as a young girl, was inspired by high-powered, female New Yorkers from 80's sitcoms, like Claire Huxtable, a Lawyer on the infamous Cosby Show, and Angela Bower, an Advertising Executive on Who's the Boss. However, Dionne's passion was for fashion. Watching her single mother work two jobs to provide for her 4 children, Dionne was not afraid to roll up her sleeves to pursue her dream.  In 2015 she found her calling that lead her away from the fashion industry. The opportunity to empower youth for generations resonated with her instantly. Episode Summary Shaun and Dionne discuss their journey's of switching careers and now investing in tomorrow’s leaders by teaching them financial literacy. They reveal their secrets of being a dynamic team and stretching their business to NBA rookies and beyond. Insight from this episode: The goal and concept behind Financially CLEAN, a fun and interactive program with a mission to help younger generations build a financial plan around their personal goals The beginning of Financially CLEAN from the motivation of their kids and the education they felt their children were missing Working with the Department of Education and other government agencies Two Black Guys with Good Credit, a weekly podcast that educates, entertains, and inspires others to achieve financial goals You’ll learn: How to understand your partner's abilities and ways to work more efficient together Tips that will help you embrace your journey Strategies to building your audience through networking How to successfully get beyond the funding challenge Ways to keep motivation moving forward The components of starting a podcast and making an impact through its growth The keys to balancing work and personal life as an entrepreneur and a parent Quotes: “If you don’t balance lifestyle with financial literacy, you’ll never be successful” - Shaun Lynda Episode #87 “Know that your goals can always be a moving target” - Shaun Lynda Episode #87 “You have to see for yourself, jump out there”- Kevin Y. Brown Episode #87 Resources Mentioned: Slack app Zoom app Shaun’s Favorites: Why Should White Guys Have All the Fun? by Reginald Lewis & Blair Walker “When one door closes, another opens” Alexander Graham Bell Dionne’s Favorites:  You Can Heal Your Life by Louise Hay  “Success is not about your resources. It’s about how resourceful you are with what you have!”  Tony Robbins Shaun’s Keys to Create Your Best Life: Be confident, don’t let anyone steal your confidence Master your field of interest Perseverance- enjoy the journey Have fun Dionne’s Keys to Create Your Best Life: Surround yourself with positive people Put pen to paper Keep a “gratitude attitude”   Stay Connected: Create Your Life Series: https://www.facebook.com/cylseries/ https://www.instagram.com/cylseries/ Kevin: www.kevinybrown.com www.instagram.com/kevinybrown www.twitter.com/kevinybrown www.facebook.com/kevbrown001 Shaun: Instagram @financiallycleanshaun   Dionne: Instagram @dionnenicholls Facebook @dionne.nicholls Twitter @dee2blackguys Financially CLEAN: http://www.financiallyclean.com/ Instagram @financiallyclean Twitter @FinancialClean Facebook @financiallyclean Two Black Guys with Good Credit: Instagram @twoblackguysgoodcredit Twitter @tbgwgc2 Facebook @TwoBlackGuysWithGoodCredit Subscribe to our podcast + download each episode on  itunes, google play, stitcher and www.createyourlifeseries.com/podcast      

On Oct. 19, 1987, the stock market fell 22.6 percent, the largest single-day loss in Wall Street history. Though the day became known as “Black Monday,” many of the details of what happened have been lost to history. New York Times financial reporter Diana Henriques (@dianabhenriques) examines what led up to Black Monday and what lessons can be learned from it in “A First-Class Catastrophe: The Road to Black Monday, the Worst Day In Wall Street History.” She joins Here & Now‘s Jeremy Hobson to talk about the book. Book Excerpt: ‘A First-Class Catastrophe’ By Diana Henriques He was a towering six foot seven, his round, balding head perpetually wreathed in cigar smoke. Paul A. Volcker, the chairman of the Federal Reserve System, was formidable even when he was cheerful. On Wednesday afternoon, March 26, 1980, he was furious. Volcker, in office for barely seven months, had been pulled out of a meeting by a frantic message from Harry Jacobs, the chairman of Bache Halsey Stuart Shields, the second-largest brokerage firm on Wall Street. The Fed had almost no authority over brokerage firms, but Jacobs said he thought “it was in the national interest” that he alert Volcker to a crisis in the silver market—a market over which the Fed also had virtually no authority. Jacobs’s news was alarming. Silver prices were plummeting, and two of the firm’s biggest customers, a pair of billionaire brothers in Texas named William Herbert and Nelson Bunker Hunt, had told him the previous evening that they could not cover a $100 million debit in their Bache accounts, which they had used to amass millions of ounces of actual silver and paper claims on millions more. If silver prices fell further and the Hunts did indeed default on their debt to the firm, the silver they had pledged as collateral was no longer worth enough to cover their obligations. Bache was confronting a ruinous loss, possibly a threat to its financial survival. Jacobs suspected the Hunts also owed money to other major banks and Wall Street firms and may well have pledged more of their silver hoard as collateral. Volcker immediately wanted to know which banks had made loans to the Hunts. He didn’t regulate Wall Street brokers or silver speculators, but he emphatically did regulate much of the nation’s banking system. There, at least, his authority to act was clear. Indeed, Volcker had been responding to fire alarms in the banking system for weeks, as banks and savings and loans struggled with rising interest rates—themselves a consequence of Volcker’s attack on the raging inflation that had sapped the economy for nearly a decade. Confidence in America’s banks was as fragile as blown glass, and the last thing Volcker needed was a “bolt from the blue” like this. Yet, here was the head of Wall Street’s number-two firm warning him that some big banks were financing what sounded like wildly speculative silver trading by a couple of Texas plutocrats. Within minutes, Volcker had reached out to Harold Williams, the urbane and seasoned chairman of the Securities and Exchange Commission, the primary U.S. government regulator of Bache and its fellow brokerage firms. Williams was at a conference in Colonial Williamsburg; he ducked into a side room, spoke with Volcker about Bache, and then phoned to tell his staffers to check immediately on the rest of Wall Street’s exposure to the silver speculators. Williams then hurried back to Washington. A senior Treasury Department official and the comptroller of the currency (another bank regulator) were also alerted to the potential crisis. Both headed for the Fed’s headquarters on Constitution Avenue. Together, perhaps they could cover all the financial corners of this unfamiliar crisis. To do that, the group needed a regulator with some authority over the silver markets. Volcker called the office of James M. Stone, who had been tapped less than a year earlier by President Jimmy Carter to be the chairman of the Commodity Futures Trading Commission, a young federal agency that regulated the market where most of this silver speculation had gone on. At age thirty-two, Jim Stone—a cousin of the notable filmmaker Oliver Stone—had already studied at the London School of Economics and earned a doctorate in economics from Harvard. His doctoral thesis had been published as a prescient book predicting how computers would revolutionize Wall Street trading, first by doing the paperwork but ultimately by sweeping away the traditional stock exchanges entirely. Stone was a slight, brilliant, and determined young man, but his view that regulation played a positive role in the markets made him deeply unpopular in the industry he regulated and put him at odds with his more laissez-faire CFTC colleagues. One grumpy board member at a leading Chicago commodity exchange privately dismissed him as a “little twerp.” Almost everyone in political circles (except Volcker, apparently) knew that young Dr. Stone had become so isolated at the CFTC that he could barely get support for approving the minutes of the last meeting. When Volcker got Stone on the phone, his question was similar to the one he had asked Harold Williams at the SEC: how big a stake did the Hunt brothers have in his market? “I can’t tell you that. It’s confidential,” Stone said. The politely delivered answer stopped Volcker cold; he was momentarily speechless. Then he let loose. Volcker conceded later that he “did not react very well” to Stone’s refusal to share the vital information, even after the CFTC chairman explained that a law passed in 1978 barred his agency from revealing customer trading positions, even to other regulators. Stone simply did not have the authority to comply with the Fed chairman’s request. Stone, like Volcker, instantly saw that the silver crisis was a danger to the financial system because of the hidden web of loans that linked the banks and the brokerage firms to the Hunts and to one another. He promptly headed for Volcker’s office. Sometime later, the SEC’s Harold Williams arrived. Aides shuttled in and out, working the telephones, checking silver prices, and pressing bankers and brokerage finance officers for straight answers. By 6 p.m., as twilight filled the deep, high windows of Volcker’s office, the ad hoc group had finally established that at least a half-dozen major Wall Street firms, including Merrill Lynch and Paine Webber, had set up trading accounts for the Hunts and that a number of major banks had been lending money to those firms, or directly to the Hunts, since at least the previous summer, transactions secured by a growing pile of rapidly depreciating silver. Eight months earlier, on August 1, 1979, silver was trading below $10 an ounce. Prices rose through Labor Day, past Thanksgiving, and into the Christmas holidays. At $20 an ounce, silver had broken out of its traditional ratio to gold. At $30 an ounce, the sky-high price prompted newlyweds to sell their sterling flatware before burglars could steal it. Printers and film manufacturers, which used silver as a raw material, started laying off workers and feared bankruptcy. Through it all, the Hunts kept buying, largely with borrowed money. Then, on January 17, 1980, silver prices paused at $50 an ounce and started to slide. At that point, the Hunts’ hoard was worth $6.6 billion. After that date, prices dropped sharply; they had fallen to $10.80 on Tuesday, March 25, the day before Harry Jacobs at Bache called Volcker. At that price, the Hunts owed far more than their silver would fetch in the cash market, and their lenders were pressing for more collateral of some kind. It was on that Tuesday evening that the brothers told Jacobs they were unable to pay anything more. The next day, they shared the same unwelcome news with their other brokers. Crisis had arrived, and panic might quickly follow if a big bank or brokerage firm failed as a result of the Hunts’ default. That’s where Paul Volcker stepped into the story. After their Wednesday war room conference, held together more by personality and mutual respect than by any clear lines of authority, Volcker and his fellow regulators sweated out Thursday’s trading day. Stone, in defiance of the CFTC’s legislative restrictions, had finally given his fellow regulators an estimate of how much money the Hunts owed in his market: $800 million. That figure, which turned out to be an understatement, was so staggering it prompted the shocked bank regulators immediately to order examiners to visit various vaults to be sure that the Hunt brothers hadn’t pledged the same silver to multiple lenders. By Thursday, the rest of Wall Street had gotten wind of the silver crisis, and the stock market had a wild day. The Dow Jones Industrial Average fell by as much 3.5 percent before stabilizing, as traders reacted to rumors that the Hunts and some of their creditors were dumping stocks to raise desperately needed cash. Of course, it is true that every share of stock that is sold is also bought—by someone, at some price. When far more people want to sell than to buy, prices have to drop sharply before buyers will bid for even a few shares. The term heavy selling, then, means that shares can be sold only at increasingly lower prices—not that everyone is selling and no one is buying. With that caveat, “heavy selling” is what happened as the stock market reacted to fears of a default by the Hunt brothers. One Wall Street veteran said that Thursday’s trading reminded him of the frenzied response to President John F. Kennedy’s assassination in 1963. A Treasury official called the leadership at the New York Stock Exchange several times that day to assess how it was faring in the storm. The fear in Washington and on Wall Street was that the Hunts’ failure to pay their creditors would mean that those creditors would default on their own debts, spreading the contagion. Infusions of cash by the owners of the most vulnerable silver trading houses prevented an immediate disaster, but t

Mark is from upstate New York and did his formal undergraduate education at Colgate University. His years at Colgate University were focused on athletic endeavors such as competitive swimming, rowing and triathlon racing, interrupted by brief episodes of academic activity. After graduation from “the Gate” Mark started his professional career as a CPA with Coopers & Lybrand in New York City. Clients included luminous and no-longer existent financial firms such as Solomon Brothers and Paine Webber. Four painful years later, with an MBA from NYU Stern School of Business in his briefcase, he left behind the suit to pursue his inner vision to become a Navy SEAL officer. He was 26 when he graduated as honor-man (#1 ranked trainee) of his SEAL BUD/s class 171. Mark was fortunate to serve with many great men and women on active duty for nine year and in the reserves for eleven…retiring at the rank of Commander in 2011. After leaving active duty in 1997, Mark started his second business career as an entrepreneur. He co-founded the successful Coronado Brewing Company and launched NavySEALs.com in the year he left the active duty Navy. NavySEALs.com is the leading web site for gear and information about the SEALs. US Tactical was next, gaining contracts with Naval Special Warfare Group ONE for training support, and the Navy Recruiting Command for a nationwide mentoring program for SEAL, SWCC, EOD and Diver candidates. Mark's business career was interrupted by a stint as an Adjunct Professor of Leadership at the University of San Diego, where he was pursuing his Doctorate in Leadership, then by a one year recall to active duty in 2004. The recall took him to Baghdad with SEAL Team One to conduct a special project for Naval Special Warfare Command surrounding the role of the USMC in Special Operations. In 2007 he launched his CrossFit affiliate and the now internationally known SEALFIT program to provide transformational personal and team training experiences. The training utilizes an integrated warrior development model he developed, called Unbeatable Mind, which draws from his 20 years as a SEAL and business leader, 25 years as a martial artist and 15 years as yoga practitioner.

Listen Now as Katana interviews Co-Founder of the Living Legacy Project, Dennis Stack.Join us as we’ll discuss:Why legacy mattersHow to start a legacy talk with loved onesHow to use the Legacy Stories website, App and handbookDennis is Co-Founder of the Living Legacy Project, The International Association of StoryKeepers (I-ASK), and LegacyStories.org.Over the past 12 years he developed life review methodologies to help hospice caregivers record legacy stories of their patients when being remembered matters most. His interactive story capture tools have been used in over 800 Hospices, Home Care, Assisted Living and Veterans communities. In the process he trained more than 5,000 volunteers and students to perform the role of StoryKeepers in their respective niches.Dennis has adapted his resources to pave the way for the financial services industry to bring added value to their clients in a meaningful way. As a former Senior VP of Business Development for Paine Webber, he has a unique perspective as to how estate planners and wealth managers can help clients pass down their wisdom along with their wealth to the next generation.To learn more about Dennis Stack go to https://www.legacystories.org/.

“My other piece of advice, Copperfield,” said Mr. Micawber, “Annual income twenty pounds, annual expenditure nineteen to nineteen six. Result happiness. Annual income twenty pounds, annual expenditure twenty pounds and six. Result misery.” David Copperfield (1850) Intro: Kelly Coughlin is CEO of BankBosun, a management consulting firm helping bank C Level Officers navigate risk and discover reward. He is the host of the syndicated audio podcast, BankBosun.com. Kelly brings over 25 years of experience with companies like PWC, Lloyds Bank, and Merrill Lynch. On the podcast, Kelly interviews key executives in the banking ecosystem to provide bank C-Suite officers risk management, technology, and investment ideas and solutions to help them navigate risks and discover reward. And now your host, Kelly Coughlin. Kelly Coughlin: Greetings. This is Kelly Coughlin, CEO of Bank Bosun, helping bank C-Suite execs navigate risk and discover reward in a sea of threats and opportunities. I've been in the financial services industry since I was 23 years old. That was a long time ago. Merrill Lynch, PWC, Lloyds Bank, Global Bridge. I've seen a lot of different products, services, strategies, and tactics, and other than during the periods where the industry blows it through errors, omissions, and to a certain extent, unrestrained greed, it truly is a terrific industry. One of the most interesting segments of the industry is the alternative investments area. The opportunities to invest in alternative investments has never been greater. Alternative investments can range from professionally managed venture capital investments and hedge funds to private LLC investments in a local real estate deal. Along with this huge increase in investment choices comes the ability for individual retirement accounts to make these investments. It used to be that IRAs could only invest in fairly plain, vanilla securities like registered investment companies, mutual funds, ETFs, and individual stocks and bonds. Now, IRAs can invest in just about any asset, but unlike an individual’s traditional, say a cash account where an investor can buy the asset and hold the evidence of the purchase of that asset whether it be an LLC agreement or a stock certificate in any place he or she wishes, in IRAs, you can only invest through an improved IRA trustee custodian. You can't just buy it yourself and hold it in your safe deposit box or file cabinet. You can only buy it through one of these approved IRA trustee custodians. In this world, you have two categories of approved trustee custodians. Bank custodians and non-bank custodians. I think the assumption is that all banks with banking powers are approved to hold IRA assets so they don’t need any special authorities. The other IRA trustee custodians are the non-bank custodian. The IRS maintains a list of a financial institution’s need to demonstrate some level of financial internal controls in order for them to get approved. Currently, there are about 75 financial institutions on that list. As I look at the list, it seems most of them are broker-dealer type organizations. The subject of this podcast is on the IRA trustee custodian business. Why? Recall, I said alternative investments are one of the most interesting segments of the financial services industry. IRA trustee custody is probably one of the most dull and uninteresting segments of the business. A famous marketing guy, I think it was Elmer Wheeler from upstate New York, a sales guru in the mid-1900s said, sell the sizzle, not the sausage. I'm here to tell you that there ain't much sizzle in the IRA custody business. While I think Napoleon said, man should not know how laws and sausage are made, today we're going to learn a little bit about how the sausage is made and why it's important, and what we need to know to evaluate the sausage maker that is the IRA custodian. With that in mind, I'm going to interview a very, very sharp financial advisor from Lexington, Massachusetts. He's a wealth manager and principal at Innovative Advisory Group. In addition to traditional investing, portfolio management, and wealth management, he is especially strong in the self-directed IRA business and the alternative investment area. His name is Kirk Chisholm. He's produced an online course titled The Ultimate Insider’s Guide to Self-Directed IRA Custodians and Administrators, and the publication A Quick Start Guide to Self-Directed IRAs. Kirk has turned what some people, including financial institutions like bank IRA custodians and non-bank IRA custodians into a sizzling business line at Innovative Advisory Group. With that in mind, I'm hoping I have Kirk on the line, all the way from Lexington, Massachusetts. Kirk, are you there? Kirk Chisholm: I am. How’s it going, Kelly? Kelly Coughlin: Great, Kirk. Thanks for attending. I hope you're doing well. Did you hear my intro there, Kirk? Kirk Chisholm: I did, yes. Kelly Coughlin: Anything you disagree with on that? Kirk Chisholm: No. I thought it a very descriptive intro, yeah. Kelly Coughlin: Okay. Great. I'm really looking forward to talking to you. You're obviously a sharp and capable guy in this space, and you're a recognized expert. You were recognized as one of the top financial advisors in the country. Tell us about this. Was that at USA Today? Or where was that? Kirk Chisholm: Yeah. Thanks. That was a recent accolade I received. It was very unexpected, and it was very nice to be acknowledged. Investopedia had a list of the top 100 most influential financial advisors, and I was ranked number seven. I have to say, I was surprised to be up there. There were a lot of great people who are in the top 10, and I know many of them and they've all done a great job. I'm humbled to be among such a great group. Kelly Coughlin: Excellent. That's great. Let's get right into it. You know what we're going to talk about here. You focused a bit of your career on IRA custody and trustee business. Why has that been such a point of interest and focus for you? Kirk Chisholm: I'll tell you a little story. It's interesting. A number of years back, I was working for the wire house channel at Smith Barney. One of my longtime clients came to me and said, I want to invest in this private mortgage. I said, great. That's awesome. He said, I'd love to do it with my IRA. You can do that? He went on to tell me, apparently, somebody had educated him about it. I started reading up on it and realized, wow, this is fantastic. I don’t have to limit my clients’ IRA funds to stocks, bonds, and mutual funds. There is a virtually unlimited amount of investments out there, and to limit yourself doesn't seem like the best option. I went and talked to my manager and said, my client wants to do this. Can we do it? He said, no. You can't do that. I said, no, actually you can do it, and I went on to explain to him how you can do it and how it works. He said, well, you're right. You can, but we can't. Then, the lightbulb went off. My client was a longtime client. He's a good friend of mine. I wasn't getting paid for it, but I helped him through the process. I went and took the next three months to research the process, and this was back before the Internet was a big deal. There was information out there, but it wasn't a lot. It took me a while to do this research. I was trying to do it right. I wanted to make sure he didn't get himself into trouble. Came to the conclusion that this was such a great opportunity for investors, and nobody knows about it. Spent the next six months researching custodians and administrators and trying to learn the inside and out of each of these companies, and it took me a long time to do this research. Really spent the next few years trying to figure out how I can work with my clients on this, because I saw so many interesting opportunities outside of the stock market that I really wanted to try to take advantage of that. My partner and I started our current firm, and really the point of it was to focus on providing advice to alternative investments inside of self-directed IRAs. So, while we do traditional wealth management services like tens of thousands of other financial advisors out there, we also offer this specialty, which very few people understand. I think there are currently, there's about 4 or 5% of IRA holders are holding alternative assets. There's very few of them that are actually doing that. Out of the IRA holders, let's say maybe no more than 10% are even aware that this can be done. Most people don’t even know. It's too bad, because some people have some really interesting investment strategies just for their personal taxable money, and if they were to use their retirement funds, they would have a lot more opportunities available to them, especially when many of them don’t contribute to their retirement funds because they don’t want that money to go into things they don’t understand. They want it to go into investments that they do understand.   An interesting story. When I was, I think, about a year in, I had started at Paine Webber back when they were Paine Webber. About a year in, I had spoke to this individual who owns real estate. I was talking to him about how he ought to diversify into other investments. He said, look, all money goes into real estate. Every nickel I have goes into real estate. Why would I ever invest into stocks, bonds, and mutual funds? I know real estate. I don’t know stocks. Why would I ever do that? I said, I can't argue with you. If you're doing well with real estate and that's your expertise, you should definitely not invest in things you don’t know. At the time, I wasn't aware of this, but real estate happens to be the most common asset held in self-directed IRAs. There are a number of people who are actively using this asset, but in general, most people are not aware of this type of investment strategy. Kelly Coughlin: They can't buy the actual asset itself. They can buy an LLC, C-Corp, that sort of thing, that holds real estate. Probably not a sub-S. They can't buy the asset directly, correct? Kirk Chisholm: Well, they can, actually. People always ask, what can you invest in? It's probably easier to say what you cannot invest in, because what you can invest in is virtually unlimited. What you cannot invest in is what is described in the Internal Revenue code pretty explicitly is, you cannot invest in collectables. You cannot invest in life insurance on yourself, and you cannot invest in S-Corps. There are some other nuances there, but more or less, those are some things you cannot invest in. There are exceptions to those, but more or less, the S-Corps, you're correct. But you can own real estate inside of an IRA. That is the most common asset held in IRAs that are alternative, is real estate or real estate-related investments. Many people own it directly. You can own it inside of an LLC or a C-Corp, which some people choose to do, but there's no limitations. It's up the individual to make that decision. The rules for the IRA, the IRA was established in 1974. Kelly Coughlin: Oh, ’74? That early? Kirk Chisholm: Yeah, with ERISA. Since then, the rules haven’t changed. They've changed a little bit, but this was always allowed. Even back then, you were allowed to invest in all of these different things. It's become an industry. The financial service industry has done a great job bit of marketing to people and convincing people that you have to index, you have to invest in mutual funds, you have to invest in stocks, because that's how they make their money. You can't blame them for that kind of marketing, but that's all people see. There's no contrary marketing that you should be doing something else. People don’t see that, so they have the message that this is what you should be doing. For some people, maybe that's the best choice, but it's not the best choice for everybody. I think the more people that are aware of this option, the more they'll be able to take advantage of their own expertise in certain areas. Side anecdote, which is kind of interesting. The collectables part. People ask, why collectables? They're an investment for some people, which is certainly true, and there are some collectables which are allowed. I wouldn't say collectables. There are exceptions, but certain coins are allowed within IRAs. Interestingly enough, the reason they put collectables in there was because, at the time they're writing the law, some stolen Nazi art has surfaced. They were afraid that if somebody ever put this stolen Nazi art in an IRA, nobody would ever be able to get it. They had that exception there. They said, you can't put collectables in there, because they were afraid they would never be able to get it again. Kelly Coughlin: That's really fascinating. You're saying, back in the ‘70s and ‘80s, you could buy these alternative assets in your IRA? Kirk Chisholm: Yes, yes. Some of these companies were started back then. Kelly Coughlin: I'm really surprised by that. I thought that this was more of a recent thing. Let me ask you this. It seems as if many of the custodians, especially the brokers who are interested in straight-through-processing on transactions, low-touch, high-volume transactions, they didn't want to have anything to do with these alternative deals. Is that a fair statement? Kirk Chisholm: The best way I would describe is this. If you're running a company, you want scale. You want to lower your expenses as much as possible and try to get as much scale as possible. These financial service companies have done a great job at that. The ETF world has taken what Vanguard started as indexing mutual funds and have lowered the expenses even more. The ETF world is erased to zero with expense ratios, but the industry itself has done a great job at scaling. When you're investing in securities, it's easy to scale. When you're investing in rental property and tax liens and horses, you can't scale that. If you wanted to invest in a horse in your IRA at one of these big discount firms, if your account is large enough, it's possible they might let you, but you probably wouldn't want to use them, because if they're specializing in stocks, bonds, and mutual funds, that's the place you want to go. If they have no idea what they're doing about investing in horses with an IRA, then that's not the firm you want to use to custody your IRA. Ultimately, there's a lot of back office paperwork that has to be done on their part. If they're not familiar with that process, then you don’t want them to mess it up. This is your retirement. The last you want is your retirement to get disqualified and you have to pay taxes on it. You don’t want to focus on companies just because you have your other accounts there. You want to focus on companies that have the best combinations for the investment strategy you're trying to pursue. Kelly Coughlin: Do the traditional bank and broker custodians accommodate this type of security willingly or begrudgingly? If they accommodate it. Kirk Chisholm: In general, they don’t accommodate it because they don’t understand it, and most likely you're talking to a customer service rep who has no idea. Your most common answer when you ask them to invest in a horse in your IRA is, you can't do that, because they just don’t know. They're not taught that this is an option. Now, if you have a big enough account, maybe you find somebody who is knowledgeable enough. They might say, yes. It can be done. I'm not sure if we can do it. I had a friend of mine who worked at one of the major broker-dealer firms. He had a big client. The client wanted to invest in an alternative asset. He went back, and big enough client, he's trying to make him happy. He went back and said, yeah, we can do that. The back office said, yeah, we'll take care of it. It literally took the next six months for them to come back and say, sorry, we can't do it. They tried. They tried to figure out. They couldn't figure it out. They finally said, no, we can't do it. They just don’t want that business. It's not scalable. They don’t make big money off of it. it's not just worth the time. They have to hire other people. It's completely understandable why they don’t want it. Recently, some of the custodians that have specialized in this area have been reaching out to these firms and have been working with them and providing sub-custody services. Some of these bigger discount broker-dealers can offer a sub-custody agreement, but are not advertising it, because it's not their main core business. Kelly Coughlin: In that sub-custody arrangement, is it fairly typical for the end investor to get one statement from the primary custodian and that sub-custodian asset rolls up into that? Or will they get two separate statements? Kirk Chisholm: It depends. Different firms have different arrangements. Some firms will just refer the business to the other firm. Some firms will keep it in-house. One of the more well-known names, after the financial crisis, they pretty much said, we don’t want any alternative assets, which of course gets rid of all the hedge funds that were being held at their firm. Typically, what they would do is charge them a flat fee per year, per asset, and then they would put it as a book entry on their statement. Then, after the financial crisis, they said, we don’t want this business and just told everybody to take a hike. Eventually, they said, all right. We'll take it back. I think with those firms, they don’t really understand that business, and they don’t want to deal with it. It's kind of a headache for them. I completely understand. I can't blame them. If I was them, I wouldn't want to do it, either. It's not a scalable business. It's a very different business model. I think in general, they don’t want that kind of a business, but now they do accept it more, because it is money. I still don’t think they're going to advertise a lot, because they don’t want to take away from their core money making business. Kelly Coughlin: Do you think it's a profitable business line for them? Or is it more or less a breakeven? If they can collect even fees to pay for the additional staff and, I don't know if there's any systems that are required? You think it's more or less a breakeven? Kirk Chisholm: I can't speak to whether it's breakeven or not. I think each firm has their own P&L. I wouldn't know specifically, but I would guess that it's probably a break-even or maybe even a loss leader just to keep the business, because they make so much money off the other part of the business. For them to just break even or even lose a little money to keep a client, in general, is probably worth it for them, because they're not doing that much of this business. They're not seeing a ton of it, but if you have an ultra high net worth client who has hedge funds, he's got $20 million at your discount brokerage firm, and he has $2 million in hedge funds, even if they're charging $75, $150 a year, even if you're losing money, it's worth it to you to keep that extra $20 million. I think in the large part, they see the bigger picture and just say, yeah, we'll do this for cost or close to it. That would be my guess, just based on what I see some of these other specialized firms charge, that most likely that's the case. The other thing, too is, most of these discount brokerage firms that do offer that, I'm not sure that they're offering that inside of IRAs. They're holding hedge funds for book entry on a statement. More times than not, that's actually taxable money. The IRAs, some of them do it. It's become a more recent thing, but they're not really specializing in it. Kelly Coughlin: Okay. You mentioned fees, and some of these companies that specialize in it. What kind of fees are you seeing for trustee and custody of alternatives? I assume it's got to be higher than holding $100,000 in mutual funds and ETFs. What kind of fees do you typically see? What's a low end? What's a high end? Kirk Chisholm: Fees are an interesting concept. If you're accustomed to a discount broker, you're probably with the recent reduction in many of the firms, you're probably looking at $5 a trade, which is pretty inexpensive to do a trade. These brokerage firms certainly make some money on that, but they also make money on the spreads. They make it different ways. They make it on cash, margin. There's many ways that they can make money. If you're considering a custodian that holds non-traditional assets, they're called a self-directed IRA custodian for short, you'll notice that these are a lot higher. Right now, there's 47 custodian administrators that specialize in this area. There might be a few other stragglers that are out there that don’t advertise, but more or less, that's how many are out there. Out of those firms, every single one of them has more or less a different fee structure. Kelly Coughlin: Are you including banks and non-banks? And are you then saying, yeah, there might be more than this, but there's really 47 that are active in this space? Kirk Chisholm: There are two different categories. There are custodians, which are typically non-depository bank custodians. Then, there are administrators, which are companies that just do administrative services. You might see them as a TPA and a 401k plan, or administrating insurance, or some other things. There's many uses for administrators, but these have decided to focus on alternative assets inside of IRAs. It's different from a custodian, but they're required to use a custodian. They might choose to find a local bank and custody of the assets there, and they would do the administrative services of it. Each of these firms, whether internally or some of it's outsourced, they would provide both administration and custody services. Administrators do not provide custody. They outsource it. The custodians provide custody and administrative services, but the administrative services are in-house. It's just a different business model. There are some other differences, but that's the basis of the difference. Kelly Coughlin: You say there are 47. How did they get to specialize in this? Kirk Chisholm: I actually created—this is such a huge list, and there are so many incorrect lists out there that we actually created a list on our website, because I've seen many lists, and some of them are inaccurate. They have companies on it that aren't even in the space. It's hard. We put together a really comprehensive list. Some of these companies are banks. They are local or regional banks that happen to have a branch or an arm of the bank that does wealth management services and does self-directed IRAs. Some of these are banks that do offer that. Other firms are exclusively set up to deal with this kind of business. That's all the do, or primarily that's what they do. There are enough people out there that want this service, even though it's only 4% of all IRA holders. It's still a decent amount of people. You're talking about tens of billions of dollars that are in this area within these firms, but each of these firms, they're all different. This is probably the most frequently asked question when people call us up. They say, what's the best custodian to use? We went through over a year worth of due diligence on all of these firms. We put together extensive resources on them. In the beginning, we thought, well, there will be a handful of best firms, and there are some firms which we prefer over others, but generally speaking, if you look at all these firms, you can't say there's a best firm. Each one of these firms is a little bit different. Their fees are different. Their assets that they allow are different. They're very hard to find a large number of firms that are the same in one area. Some of the larger firms are more common household names in this area, but generally speaking, real estate, for instance, is the most commonly held alternative in IRAs. Some of these firms don’t offer that. They will not custody real estate for one reason or another. While the Internal Revenue code restricts certain assets, everything else is allowed, but the custodians don’t have to allow it. The custodians can certainly impose more restrictions on what is allowed and not allowed in their own judgement. For instance, one firm that didn't offer real estate, I asked them a question, obviously. I said, why don’t you offer real estate? You're giving up a big chunk of business. They said, you know what? It's too much of an administrative nightmare for us. We don’t want to deal with it. We'd rather deal with simpler alternatives, and that's what they focused on. They have a decent client base. It's not as if they're hurting for business. They just decided to focus on other areas. There are plenty of alternatives out there that people focus on. There's one surprising one I'll mention, because I thought it was interesting. I've never come across this with a client, but I've done a little research, and it's interesting. The asset is church bond. One of these companies specializes in church bonds. Many of the companies don’t allow it at all. It's not a big asset class. There actually was a publicly traded closed end fund which converted to a mutual fund later, which was specifically focused on church bonds. There's a market for everything. It's just a matter of finding that market and trying to fill the need. Kelly Coughlin: I look at this IRA custody world in three primary categories to evaluate a custodian, and I'm not listing these in order of importance, but fees, features and benefits, and customer service. Is that a reasonable attribution of the categories that you would go through when you look at these 47 players in this industry? How much do you have to pay for it? What do you get for it? And what kind of service do you get from the provider? Kirk Chisholm: Yeah. I think that's a good starting point. I categorize them a little bit differently. Kelly Coughlin: You're the expert. Tell us how you like to categorize them. Kirk Chisholm: We do look at fees. Fees is a very important of the concept, and most investors put that at the top. I don’t, but they do just generally speaking, and I understand it. The fees is definitely an important part of that puzzle. Specialization is another part. As I was mentioning, many of these companies don’t offer all assets. Some of them specialize in certain area. Their most popular asset might be real estate, or it might be Reg-Ds, cryptocurrencies, or whatever it might be, but they have a most common asset or a most popular asset. If you figure it, they're doing a lot of business. If this is their most common asset, most likely they're going to be good at that asset or good enough. That's another thing we look at is, what are it specializations? We look at customer service. Always a very important part of the puzzle. As you stated, it's much of this is not scalable, so you're dealing with customer service. You're dealing with people that, if you have a rental property, somebody’s getting evicted or you're paying your electric bill. You need a roof fixed. You may have to converse with these people on a very frequent basis, or you may not. It depends on your investment, but it is important that customer service is knowledgeable. They understand the rules, they understand what you can and cannot do. They will never give you advice. Explicitly tell you they don’t give advice, but they will give you information on what some of the things that you can do or their parameters are. However, if you have a company that has 100,000 clients and they only have five customer service reps, I'd be pretty confident that you're not going to get great customer service. That's just a shot in the dark, but we look at those metrics and see. Every firm has a ratio of X amount of clients per customer service reps. This firm has only a handful and they've got a lot of clients, I look at that and just say, okay, that's probably not a good sign. We look at some other things, but that's the customer service piece. We also look at the transaction frequency in reviewing firms. This is not a firm-specific thing, but it's important, and this goes more to the fees in that some custodians have a transactional model, and some have an asset based model. Those are really the two main categories. There are some other different ones. There are some hybrids, but if you have one investment and it's not going to require any effort, you buy it and leave it for 20 years, then you don’t really want an asset based model. You probably want a transaction model, because it’ll end up being cheaper every year. Kelly Coughlin: As an account owner, you as a provider would like the asset based fee, right? Kirk Chisholm: Well, as a provider, it depends, and this goes to the “…every company’s different.” If you're offering a transactional model, the people that are going to gravitate towards you are people most likely that are in the buy and hold mentality, but if you're in asset based model, then most likely the people that are going to gravitate are the people who are flipping 10 houses in a year, because they don’t have to pay for each transaction. Or if they do, they pay a nominal amount. Investors are going to gravitate to where they're going to get their best bang for the buck. The custodians and administrators are going to obviously get what the investors gravitate towards. Some of them have multiple fee structures, too. Some offer multiples. We've developed all these resources because the industry is so complicated and convoluted. The discount broker model, everybody’s more or less the same. I think Fidelity recently reduced their $9.99 trade to $5.00, and then their competitors naturally did the same thing, because they're natural competition. With these firms, you don’t tend to get that, because they're not all the same and you have very many different investors. They each have their own piece of the puzzle, but those are the big four that I look at when we're looking at firms. There are many questions we ask, but those are the probably the bigger categories that I would consider. Kelly Coughlin: Okay. What sort of feeling of fees would be for that provider? Can you give us any guidance on where that would come in? Certainly, it's more than $100 a year, which is the $100 to $125 typical IRA fee. Kirk Chisholm: It depends. I wouldn't make a broad statement with the fees, because the $100 is, I think, probably—I don't know anybody would charge $100 for this service. That's really low. Many of them charge $50, $25 to $100 to even set up the account. In the traditional side, that's what they would charge to bookkeep it, but in this side, it would probably be more expensive. By and large, if you're getting a Cadillac type of service, you're going to have to pay for it. I'll tell you a funny story. I was talking to a guy recently. He was an attorney. He was telling me about one of his clients. I'll give you some interesting anecdotal story here. There's a side story. The GAO published a report a few years back, I think it was 2014, about IRAs above a certain amount. I believe they went into different categories. This is something you could probably easily find, but I believe there were 300 or 400 individuals who have over $25 million in their IRA, which to me is fascinating, but I've been in this business a while, and it's a rarity to see somebody with $1 million IRA. I've seen a lot of $700,000-$800,000, but when you get into the millions, you have to be doing a lot of things right, because even if you're maxing out your 401k every year and doing what you should, it's still hard to find people who have that kind of depth in their IRA. To find somebody who has $25-plus is just, it's a really small number. I think there are 314 taxpayers who have an IRA over $25 million. Now, one of them you might know, is our former president candidate Mitt Romney, who had an IRA of, I believe, was $102 million. It was disclosed when he was running, but if you look at the numbers in the GAO study, out of that 314 people, the average of those 314 people is $250 million. If the average is $250 million, it makes you wonder with the biggest one looks like. Now, I've heard a rumor that it's above $1 billion, but certainly, nobody’s going to talk about that in detail. Somebody like that wants some very specific things. They have a lot of money at stake. They want the Cadillac. They want all that. If they're not getting it from the companies that exist, some of them might just create their own. There comes a point in time where, if it's not there, if you have enough money, why not just create it yourself? Create the solution, because even with all these companies, they do provide some great services, but like I said, there's no one singular best of breed. There's some great companies, but there's not one solution for everybody is what I mean. If you have that kind of a setup, then there's definitely some room for additional competitors in the market. We've gotten calls from people that wanted to start their own. They've seen our research and they said, hey, we want to see what we can find out about this market. We'd love to start a new company. Technology, as we've seen with gen tech in a traditional space, is a big part of this. The more that you can scale this part of this business, the more profitable it will be and the better services they'll be able to provide. I think that's the next natural step in this industry, is better technology to provide better services in a cheaper way. From a fees perspective, I think if I was to start one, I would offer multiple fee structures to provide something for everybody so that you can have the transactional as well as assets under management kind of fee structure. I think would be the most flexible. You would appeal to the most investors. Whether that works with your infrastructure is a different question, but that would certainly appeal to everybody. Kelly Coughlin: Then, in terms of the features and benefits, certainly specialization is an advantage, but it seems to me that if you were starting one, you would want to be able to specialize in either all of the assets that you could foresee, or those assets representing the top 50, 60, 75%, or some breakdown of where are people putting their money? You need to be able to specialize in those asset classes. Is that a fair statement, do you think? Kirk Chisholm: Yeah. It comes to two different parts. You want to offer as much as you can to appeal to the most people, but you don’t want to dilute yourself, either, because obviously, you have people with different expertise and you just have to hire more of them. It doesn't always make sense. When you talk about features and benefits, I call this specialization. I mentioned one firm specializes in church bonds. I think that's great. There is a market out there. Nobody really wants to address it. They did. They specialized in it. I think that's great. Another asset class that people don’t really want to touch is international real estate. There's no reason not to, but people just, the firms just don’t want to deal with the international standards and liabilities and all that. One interesting asset, it's really interesting talking to different firms about this, because nobody really has a firm opinion on it. Even we've had to research it, because it's not something we'd seen before, but domain names. Investing in domain names inside of an IRA. Many firms look at it as intellectual property. Some firms say, where is the domain being registered? They want to see, what's our recourse? There's so many different levels to these assets. You can't just say, it's an asset. We'll invest. You have to look many levels deep into what are the repercussions if this happens or this happens? I'll give these firms credit. They've put a lot of thought into it. I'd agree with their decision, but they've put a lot of thought into why they will or will not hold these assets. It makes sense, and if I was them, I would probably have a similar conversation. We have a different view of some assets than they do, but they certainly have full rights to say no for whatever reason that they decide. I think there are a lot of assets on the edge. I think cryptocurrency is another one that people are unsure about for many reasons. I think a lot of people look at it as a good investment/speculation, I would say. A lot of people are interested, but it's an unknown, so many of these firms won't hold it, because they're not comfortable with it. In another way, they might think it's too risky. Maybe many of it's clients lose money or they get blown up because they don’t know what they're doing. For them, they're just saying it's not worth it for us to custody this asset and have clients lose all their money. It's just for liability reasons or whatever, they just don’t want to do this. There are many reasons that they make these decisions. There are some firms that’ll custody almost anything. There are other firms which actually specialize in only a handful of areas. I think you can look at it from different ways. Our economy has come a long way to the nature of specialization, where many companies used to be generalists, and now, people want specialists. They want somebody who’s an expert in this or an expert in that. There's a market for that, and I think if one firm offers great service to all of these assets, that's fantastic, but I think it's harder to do and you'd have to have the scale to be able to do it well. Kelly Coughlin: Kirk, that's all I have right now. That's a very interesting and fascinating topic on the sausage related to IRAs and custody. I think you added some nice sizzle to it, and I appreciate that. I hope our listeners do, too. That's it for part one, but I want to give you an opportunity to tell the listeners how they can get in touch with you if they're so inclined to look for some help from an expert in this industry. Kirk Chisholm: Yeah. Thanks a lot, Kelly. We're pretty easy to find. You can go to our website, which is innovativewealth.com, and we have a lot of free resources there that we write up just to educate people about self-directed IRAs and alternative assets. Certainly, you can contact us through that as well. Kelly Coughlin: Okay, Kirk thank you very much for your time. I hope you're well. Kirk Chisholm: Thanks a lot, Kelly. We want to thank you for listening to the syndicated audio program, BankBosun.com. The audio content is produced and syndicated by Seth Greene, Market Domination, with the help of Kevin Boyle. Video content is produced by the Guildmaster Studio, Keenan, Bobson Boyle. Voice introduction is me, Karim Kronfli. The program is hosted by Kelly Coughlin. If you like this program, please tell us.  If you don’t please tell us how we can improve it. And now some disclaimers, Kelly is licensed with the Minnesota Board of Accountancy as a certified public accountant. The views expressed here are solely those of Kelly Coughlin and his guest in their private capacity and do not in any way represents the views of any other agent, principal, employee, vendor or supplier.

In this episode of Trunk Talks, we talk to Managing Director of Grey Adventures, Evan Kraut about his digital agency acquisition experience. The conversation highlights a number of key issues for current agency owners, including - when to hire a CFO into your business, understanding the dynamics of an earnout, and how owning intellectual property can affect the valuation of an agency . Evan began his career on Wall Street at Paine Webber before moving to MRY to lead the business development team. During his tenure at MRY, Evan played a key role in landing the agency Coca-Cola, Sony and L’oreal as clients. Evan currently spearheads Grey Adventures, a new unit of Grey - a $1.3 billion agency - where he is responsible for utilizing new and developing technologies.

Svetlana Kim is a talented, intelligent, beaautiful force of nature. Her life story reads like a sensational film beginning with the unusual of being a member of several Korean families who lived in Russian. From standing for the 3rd day straight in a line for bread, to buying an airline ticket from a former classmate now in the Russian Mafia, she lands in NYC with $1. Fast forward through the most unlikely situations and challenges to her position as a powerful stock broker with PaineWebber before writing her memoir "White Pearl & Me." Kim is a highly sought after speaker and absolutely enchanting.  This will be a high energy and fantastic episode, and as always your calls and questions are welcomed. Theme song for Madame Perry's Salon is "Miss E's Vacation," written and performed by Denton Perry.  

Episode Description By leaps and bounds, target date funds, or lifecycle funds are the fastest growing investment in 401(k) plans primarily due to their popularity with plan sponsors as the qualified default investment alternative, or QDIA in their 401(k) plan.  As some fiduciaries are starting to realize, evaluating target date funds can be a bit tricky due to the numerous variances in style from one fund to another.  For that reason, I invited Rich Weiss, Senior Portfolio Manager at American Century Investments to help demystify target date funds and help employers better understand what they should focus on as they evaluate options in the market.  Rich does a great job of effortlessly explaining both the fundamentals of target date funds and more specific concepts of risk that employers should be aware in their monitoring and evaluation process.  He also discusses the three pillars of differentiation amongst target date managers, glide path construction, investment diversification and management style.  As you will hear, some of his perspectives might make you rethink some things about your go forward strategy.  Guest Bio Rich Weiss, is a Senior Vice President and Senior Portfolio Manager at American Century Investments.  He is the co-portfolio manager for the firm’s asset allocation strategies, including Strategic Allocation, Global Allocation and One Choice Portfolios®. He also serves as a member of the firm’s Asset Allocation Committee, which is responsible for establishing investment policy and reviewing investment decisions for all of our asset allocation products. Prior to joining the firm in 2010, Rich was executive vice president and chief investment officer of City National Bank, where he was responsible for their $12 billion investment management group and directed investment policy and strategy. Previously, he was executive vice president and chief investment officer at Sanwa Bank California, where he managed all aspects of their investment department. Earlier in his career, Rich held senior investment positions at Vantage Global Advisors, TSA Capital Management, PaineWebber and Mellon Bank. He has worked in the investment industry since 1984. Rich holds a bachelor’s degree in finance from the Wharton School of the University of Pennsylvania and an MBA from the University of Chicago. He has authored several academic papers and is well known for his advanced work in the field of global investing. 401(k) Fridays Podcast Overview Welcome to the 401(k) Fridays Podcast, where employers come to learn and retirement industry leaders come to share their unique stories, experiences and perspectives.  My name is Rick Unser, and I am your host.  Each episode leverages my nearly two decades of experience as a retirement consultant and features a candid interview with an industry expert to help enhance fiduciary protection, streamline plan operations or improve participant retirement readiness.   For more information please visit www.401kfridays.com 

A Great Lifestyle And 18,000% Return In The Stock Market with Gil Morales & Chris Kacher Episode 30 of the Desire To Trade Podcast features Gil Morales and Christian Kacher from Virtue Of Selfish Investing. They discuss their philosophies on life and trading following the several books they wrote together. Aspiring traders would envy Gil and Christian' lifestyles of travel and discovery. At the time of our interview, Christian was in Buenos Aires. The book I first noticed, co-authored by Gil and Chris, is called Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market. Gil Morales Gil began his investment career in 1991 as a stockbroker in the Beverly Hills branch of Merrill Lynch. In 1994 he joined PaineWebber, Inc. where he quickly achieved Chairman's Club status as a top producer. In 1997, William O'Neil personally recruited Mr. Morales to join William O'Neil + Company, Inc. where he spent the next eight years as a Vice-President, internal Portfolio Manager responsible for managing a portion of the firm's proprietary assets, and Manager of the O'Neil Institutional Services group responsible for advising over 500 of the largest and most successful institutional investors in the world, including mutual fund, pension fund, and hedge fund clients. Chris Kacher Chris went on to generate triple digit percentage returns for six years in a row during the 1995-2000 period before moving to cash for most of the 2000-2002 bear market, one of the worst in history. From 1996-2001, he served as chief research analyst for William O'Neil + Company, the New York Stock Exchange member firm, institutional research provider, and publisher of Investor's Business Daily newspaper. During this period, William O'Neil hand-picked Dr. Kacher to manage a portion of the firm's proprietary capital, whereupon Dr. Kacher became a top internal portfolio manager at the company. Chris has a very interesting educational background as he received his B.S. in Chemistry and Ph.D. in Nuclear Physics from University of California at Berkeley, where he co-discovered Element 110 on the Periodic Table of Elements and confirmed the existence of Element 106 for which his team named Seaborgium. Musically gifted, Dr. Kacher was classically trained on the piano beginning at age 3, composing his first song at age 5 which he called "Night Fog," and performing as a concert pianist from ages 5 to 12 in high-profile cities in the US and Japan. He released his debut CD comprised of 21 original piano compositions in 2009. What’s covered in the podcast? How Gil & Chris started to trade with very different backgrounds How Gil & Chris Made 18,000% return in the stock market What is their trader's lifestyle Fantastic pieces of wisdom And so much more... Show notes: http://wp.me/p6qxZI-zo Join The Facebook Group: http://www.desiretotrade.com/group/ Get the FREE Complete Price Action Checklist: http://www.desiretotrade.com/checklist/ Enjoy!

Legal Eagle and the Coach Radio with David Altenbern and Bryan Kiser with special guest Kallen Diggs & Michael Farkas: Kallen Diggs is a career strategist and author of the Amazon Bestselling Book: Reaching The Finish Line. Since the Great Recession, he has helped over 2,000+ people reach the finish line via his book, lectures, and coaching programs.I initially started to helping out friends, neighbors, and friends of neighbors before I created a business model from it. The Great Recession really spurred me to move forward since the opportunity was great. Outside of my book, I offer career consultations and a coaching program. Michael Farkas, Chief Executive Officer and Co-Founder Over the last 20 years, Michael D. Farkas has established a successful track record as a principal investor across a variety of industries including automotive, retail, telecommunications, agriculture, and aerospace. Mr. Farkas began his career by working for the family real estate development and construction company, Forkash Construction, Corp., throughout high school and college. Mr. Farkas then served as a stockbroker trainee for Oppenheimer and Company, and became a licensed stockbroker and financial consultant. He acquired a series 7, 24, 63 and 65 and thereafter, served as a financial consultant to several NYSE member firms including Paine Webber, where he became a supervisor, as well as, Gruntal and Prudential Securities.

Tough Talk Christian Radio with host Tony Gambone and his guest Michael D. Farkas: Chief Executive Officer and Co-Founder Over the last 20 years, Michael D. Farkas has established a successful track record as a principal investor across a variety of industries including automotive, retail, telecommunications, agriculture, and aerospace. Mr. Farkas began his career by working for the family real estate development and construction company, Forkash Construction, Corp., throughout high school and college. Mr. Farkas then served as a stockbroker trainee for Oppenheimer and Company, and became a licensed stockbroker and financial consultant. He acquired a series 7, 24, 63 and 65 and thereafter, served as a financial consultant to several NYSE member firms including Paine Webber, where he became a supervisor, as well as, Gruntal and Prudential Securities.

Neale Godfrey is the CEO and President of Green$treet Commons and Chairman of The Children's Financial Network. She's a #1 New York Times bestselling author of 26 books empowering children and their families to take charge of their financial lives.    Godfrey explains how parents can teach the next generation how to be rich and appreciative. She thinks youngsters need to learn how to give back as well.   Godfrey wraps up the discussion by giving advice to kids who will be facing the burden of rising healthcare, education, and inflationary costs.   Find out more about Green$treet Commons at www.greenstreetcommons.com. Visit The Children's Financial Network at www.childrensfinancialnetwork.com.   Neale S. Godfrey is an acknowledged expert on family and children's finances. She has been in the financial field for over 30 years. She began her career as one of the first female executives at The Chase Manhattan Bank. She then became the President of The First Women's Bank and founder of The First Children's Bank. That started the conversation about children and money in the United States. Neale formed Children's Financial Network, Inc to promote the mission of education for children and their parents. She has authored 16 books dealing with money, life skills and values.    Neale's first adult book, MONEY DOESN'T GROW ON TREES: A PARENT'S GUIDE TO RAISING FINANCIALLY RESPONSIBLE CHILDREN became #1 on the New York Times Best Seller List.    In addition to her books, Neale has developed THE ONE AND ONLY COMMON SENSE/CENTS SERIES, the first money curriculum for Grades 1 to 8 along with a CD-ROM, MONEY TOWN, for children from kindergarten through eighth grade. Neale is a dedicated and serious advocate for women. Her books and programs aim to empower women to take charge of their financial lives. She has two books for women, MAKING CHANGE and MOM, INC.: TAKING YOUR WORK SKILLS HOME. She frequently speaks on the subject to groups focusing on assistance to women as well as supporting the education of their children. Presently, she is on the board of directors of UNIFEM (United Nations Agency for International Women's Rights) and has held successful fundraisers for them. Neale is available to corporations both domestic and international to make keynote presentations, conduct seminars, and act as a spokesperson. She has been a speaker for Merrill Lynch, Paine Webber, AIG, AG Edwards, Fleet and New York Life. She has served as national spokesperson for Microsoft, Coca-Cola, Fidelity Bank, Quaker Oats, UPS, AIG, Proctor & Gamble and Nuveen. Recently, she has been selected as spokesperson for AOL Cash Card. She is a financial literacy advocate for the American Bankers Association.

Hello, Looking Forward listeners! Thanks for tuning in! Today we're again going to shine the spotlight on a growing market in more ways than one: annuity products.  In Part 1, Episode #91, we learned about what annuities are, why you might find them suitable for your financial portfolio, some different types of annuities, recent annuity product trends, and COVID's impact on the annuity market.  Here in Part 2, Episode #92, we'll discuss a lot more, including what the future might look like for the annuity market… and what OPPORTUNITIES annuities might offer you as a savvy financial consumer, or as a job or career seeker, investor, entrepreneur, or business owner. In addition, we'll get some great tips--and hear about lots of resources-- that are available to help people determine if they need an annuity, and if they do, how to go about buying one..To help us with all this, we've again brought on our guest expert, Stan Haithcock. Stan Haithcock, a/k/a Stan The Annuity Man®, is known as “America's Annuity Agent®.”   He's the top independent annuity agent in the United States. Licensed in all 50 states, Stan is recognized as one of the top thought leaders in the annuity industry. He is the founder of The Annuity Man® LLC, with office locations in Florida and Nevada.Stan has published 7 books on the annuity topic and prides himself on being a consumer advocate for all things annuity. He represents all annuity companies and works with the life insurance/annuity industry to promote a “contractual-guarantees only” approach to educating the public.Stan The Annuity Man® has spoken at every major financial trade show in the United States and is a featured annuity expert guest on national TV, Radio, and Podcasts. With a financial background that includes some of the largest wirehouse organizations—past and present-- such as Dean Witter, Morgan Stanley, Paine Webber, and UBS, Stan brings a financial background that most annuity consultants can't match.He currently resides in Ponte Vedra Beach, Florida with his wife, Christine, and he has 2 adult daughters...Brielle & Brenna.** If you enjoy this episode, please be sure to tell your family, friends, and other members of YOUR network about it… and encourage them to listen to it, too. Also, please give it a "like" and/or a good review.Looking Forward is THE podcast about global trends, OPPORTUNITIES, and the future, and how YOU might capitalize on those: Think... jobs, careers, business start-ups, ventures, investments, life enrichment.Guests are experts in their field, and most are C-suite executives, household names, authors, and/or from prestigious universities or similar organizations.Looking Forward is a great source for media outlets, podcast producers, telecom companies, audio publishers, etc. to include as part of their content. This is what MTN, the gigantic telecom company in Africa, will soon do.To discuss revenue-sharing opportunities to distribute our content-- which can be customized and reformatted to meet your needs and those of your target audience-- please contact us at www.jeff-ostroff.comLooking Forward also offers a smart and affordable way for advertisers to promote their products or services, especially given its positive spin and informative, entertaining, and wholesome content.For more information, or to inquire about Jeff's podcast creation and hosting services, B2B interviewing, voice acting, training, meeting facilitation or speaking services, please contact us atwww.jeff-ostroff.com You can also request to have Jeff appear on your show. He's informative, articulate, and engaging!

Hello, Looking Forward listeners! Thanks for tuning in! On the next two episodes of Looking Forward, we're going to focus on annuity products. Here in Part 1, Episode #91, we'll learn about what annuities are, why you might find them suitable for your financial portfolio, some different types of annuities, recent annuity product trends, and COVID's impact on the annuity market.  In Part 2 we'll discuss a lot more, including what the future might look like for the annuity market… and what OPPORTUNITIES annuities might offer you as a savvy financial consumer.. or as a job or career seeker, investor, entrepreneur, or business owner. In addition, we'll get some great tips from our guest expert on how to go about buying an annuity..And who is that expert? Stan The Annuity Man®, a/k/a Stan Haithcock. Stan Haithcock is known as “America's Annuity Agent®” and the top independent annuity agent in the United States. Licensed in all 50 states, he is recognized as one of the top thought leaders in the annuity industry. He is the founder of The Annuity Man® LLC, with office locations in Florida and Nevada.Stan has published 7 books on the annuity topic and prides himself on being a consumer advocate for all things annuity. He represents all annuity companies and works with the life insurance/annuity industry to promote a “contractual-guarantees only” approach to educating the public.Stan The Annuity Man® has spoken at every major financial trade show in the United States and is a featured annuity expert guest on national TV, Radio, and Podcasts. With a financial background that includes some of the largest wirehouse organizations (past and present), such as Dean Witter, Morgan Stanley, Paine Webber, and UBS, Stan brings a financial background that most annuity consultants can't match.Stan currently resides in Ponte Vedra Beach, Florida with his wife Christine. He has 2 adult daughters...Brielle & Brenna.** If you enjoy this episode, please be sure to tell your family, friends, and other members of YOUR network about it… and encourage them to listen to it, too. Also, please give it a "like" and/or a good review.Looking Forward is THE podcast about global trends, OPPORTUNITIES, and the future, and how YOU might capitalize on those: Think... jobs, careers, business start-ups, ventures, investments, life enrichment.Guests are experts in their field, and most are C-suite executives, household names, authors, and/or from prestigious universities or similar organizations.Looking Forward is a great source for media outlets, podcast producers, telecom companies, audio publishers, etc. to include as part of their content. This is what MTN, the gigantic telecom company in Africa, will soon do.To discuss revenue-sharing opportunities to distribute our content-- which can be customized and reformatted to meet your needs and those of your target audience-- please contact us at www.jeff-ostroff.comLooking Forward also offers a smart and affordable way for advertisers to promote their products or services, especially given its positive spin and informative, entertaining, and wholesome content.For more information, or to inquire about Jeff's podcast creation and hosting services, B2B interviewing, voice acting, training, meeting facilitation or speaking services, please contact us atwww.jeff-ostroff.com You can also request to have Jeff appear on your show. He's informative, articulate, and engaging!

Today on Grassroots Marketing we are joined by Arthur de Cordova. Arthur is the managing director and co-founder of Ziel, a company focused on providing safety solutions for the domestic and global food and cannabis industries through radio frequency and microwave technology. Arthur built multi-million dollar sales of technology products over a decade in the clean energy space, providing innovative technological and financial solutions to Fortune 500 companies. He led the strategic account initiatives at SunPower, Solyndra and ClearEdge Power, where he was VP of global sales. Prior to working in energy, Arthur was country manager at the pharmaceutical multinational AstraZeneca, where he was tasked with building their business presence in Russia. After university, he worked on Wall Street in the institutional equity trading operations of PaineWebber and then Bear Stearns. Graduating from Georgetown University with a degree in finance and business administration, Arthur has also studied at the Netherlands School of Business, Stichting Nijenrode, and the International Institute for Management Development in Lausanne, Switzerland. At Ziel, Arthur is responsible for all revenue, marketing, and business development functions, as well as legal and finance.