Podcasts about Ria

Galaxy Class has reached 100 episodes! We have a full crew aboard and are ready to share our favorite episodes for each character. Amy, Joe, Kevin, and Ria pick and choose from 176 episodes of The Next Generation and surprisingly did not overlap. Thank you to the listeners that tune in each and every week - this one's for you!Join us in the Federation Council Chambers on Facebook.Find us on Twitter:The Network: @UFPEarthThe Show: @GalaxyClassPodAmy: @MissAmyNelsonJoe: @joeyjoe77ukKevin: @TrueNorthNerdsBQN Podcasts are brought to you by listeners like you. Special thanks to these patrons on Patreon whose generous contributions help produce the podcast! Tim CooperAnonymousMahendran RadhakrishnanPeter HongTom Van ScotterVera BibleJim McMahonJustin OserGreg MolumbyThad HaitChrissie De Clerck-SzilagyiJoe MignoneCarl Wonders You can become a part of the Hive Mind Collective here: https://www.Patreon.com/BQN We'd love to add your uniqueness to our own! Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.STAR TREK and all related marks, logos and characters are owned by CBS Studios Inc. “All Good Things” is not endorsed or sponsored by or affiliated with CBS/Paramount Pictures or the STAR TREK franchise.

On today’s episode, I am speaking with Ria Despi. Ria was diagnosed with stage 1…

It's been a while since we called the industry out on it's bullsh*t. Grab your favorite drink and join us as we rank what's underrated and overrated in wealth management. · Envestnet acquires retirement plan marketplace, 401kplans.com· Goldman Sachs confirms RIA custody service is back-burnered· Tifin Group CEO slashes jobs and pay 30 days after $109-million “D” raise· Blackrock and Coinbase join forces to dominate advised crypto investing· Vestmark sells Adhesion after quickly (nearly) tripling it's AUM We hope you enjoy and follow us on this journey! If you have any ideas, comments or suggestions please fire them our way. Make sure you subscribe to never miss an update.Listen on AcastSubscribe in Apple Podcasts Learn more about Potomac Fund Management: https://potomacfund.com/ Read our blog: https://blog.potomacfund.com/ Disclosure: http://bit.ly/2l3OvaL Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

We're excited to welcome Colton Etherton CFP®, XYPN Member, and owner of Out of the Office Planning to the show today. On this episode, Colton talks us through his professional background, which includes starting his career in the banking side of financial services, transitioning to Merrill Edge, Schwab, then an independent RIA, all before launching his fee-only firm with a tattoo artist niche. Colton shares the impact of his unexpected unemployment in the launch of his firm in January of 2021 and how his banking background gave him the confidence to build his own firm from scratch. After 9 months of business, Colton scrapped his niche nine months in to be the go-to resource for tattoo artists on his schedule. His firm is now growing incredibly fast, bringing in 10 clients in 6 months, on a schedule that prioritizes his personal and business goals. You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/341

Anna N'Jie-Konte is the founder of Dare to Dream Financial Planning, an independent RIA based out of the New York City that has grown to more than $400,000 in annual revenue in only 3 years by having a base of 32 ongoing clients and more than a dozen project-based planning clients who go through her one-day financial planning intensive. Anna has been able to accelerate her firm's growth by leveraging her reach through appearing on podcasts with sizeable audiences and by developing her own virtual conference that allows her to get in front of the audiences of financial influencers. Listen in as Anna shares how she used a network of 19 financial influencers to get in front of more than 1,000 highly engaged prospects during her free 5-day virtual conference, and how she vets podcasts to appear on and targets those that have not directly featured financial experts previously. We also discuss why she decided to leave her position at a broker-dealer to launch her own firm and find better work/life balance, what she believes the keys are to creating a successful career path as a financial advisor, and why it's important to know when to ask for help to avoid serious burnout. For show notes and more visit: https://www.kitces.com/293

Más de mil hectáreas se han quemado en el incendio que comenzó, el pasado viernes, en Santa Cruz del Valle, en el valle del Tietar, en Ávila. Hoy, parece que la situación mejora., como han confirmado desde la Junta, aunque, hay que esperar a que no se produzcan cambios meteorológicos durante la tarde.  Del Sistema Ibérico, al sur de Castilla y Léon, al norte, a la Cordillera Cantábrica, donde el entorno de Boca de Huérgano, muy cerca de Riaño, padece otro incendio. Eso sí, la evolución es buena y no hay riesgo para la población. Preocupa que el fuego no llegue a un acebal de gran valor ecológico. Esta mañana han pasado a disposición judicial los dos hombres, de 20 años, que supuestamente participaron en una agresión sexual ocurrida este fin de semana en Simancas, un municipio del alfoz de Valladolid. Nos acercamos a Palencia, con Borja Rivas, porque la empresa concesionaria del servicio de limpieza en la capital ha rechazado adelantar el horario de los barrenderos, para evitar trabajar en las horas de máximo calor, buenas tardes.   Escuchar audio

Since its inception four years ago, Sanctuary Wealth has expanded to $25 billion in assets under advisement. CEO Jim Dickson shares the firm's mantra, how it plans to put a recent $175 million investment to use, and how the hybrid RIA has achieved so much growth, partnering with 79 firms in 26 states across the country. 

In the book club today, Tony, Ria, and Steve spend time in the Dreaming playing with Dolls. If you have not listened to Volume one of the Sandman discussion, please listen to it here. Read MORE BOOKS! --- Send in a voice message: https://anchor.fm/comics-in-motion-podcast/message Support this podcast: https://anchor.fm/comics-in-motion-podcast/support

V tejto epizóde do podcastu zavítala Valéria Frázová, na slovenských instagramoch známa ako legendárna @fralaa. S Jakubom prebrali rôzne témy, za ktoré by sa nehanbila ani Oľga Záblacká: - ako našla perfektného trénera, ktorý jej pomohol otočiť život presne o 155 stupňov - jej prechod od parties a alkoholu k zdravšiemu životnému štýlu - či bola vždy taká sebavedomá, ako je dnes a čo ľudia na sociálnych sieťach často predstierajú - aké dôležité je pracovať nielen na svojom tele, ale aj na svojom vnútri a "sračkách", ktoré si v sebe nosíme - jej trojtýždňový výlet do Ria, ktorý trval 3 mesiace - ako pracuje a udržiava si postavu, s ktorou je spokojná (spoiler: nepočíta kalórie a cvičí "len" 2-3x do týždňa) Nalaď sa dávku úprimných a priamo podaných informácií od niekoho, kto si prešiel mnohými životnými etapami a dnes môže úprimne povedať, že sa cíti najlepšie ako sa kedy cítil. ----more---- Varovanie: Epizóda obsahuje afektovaný prejav, náhodné anglické slová a plytký humor. Jej obsah slúži čisto pre informačné účely a nenahrádza lekárske rady a rady zdravotníka. Akékoľvek otázky či pripomienky smerujte na: viacnezfitnesspodcast@gmail.com   Instagram: @fralaa @jakub_bucko @viacnezfitnesspodcast Ak máš záujem so mnou spolupracovať, mrkni na web: www.jakubbucko.com

Ria and Romi are very excited. The Rabbit family is going camping in their garden. What games will they play? Listen to this delightful story to find out.

We've all heard there is no one way to skin a cat. Mergers and acquisitions are a non-traditional, quick, and effective way to grow your RIA. In this episode, Alex Chalekian of Lake Avenue Financial discusses how mergers and acquisitions have helped him scale his firm, along with the easy steps a financial advisor can take to get started right now! ABOUT ALTRUIST:We're on a mission to make financial advice better, more affordable, and more accessible to everyone. Altruist is an all-in-one platform built exclusively to help RIAs start, run, and grow their practices. Our platform saves you time and reduces your costs: You can manage your entire book of business, get performance reporting, and bill your clients with ease and efficiency.Want to find out how Altruist can help you grow? See more at www.altruist.com/advisorjourneydemo STAY CONNECTED:Instagram ► https://www.instagram.com/altruistcorp/  Twitter ► https://twitter.com/altruist  Linkedin ► https://www.linkedin.com/company/altruistcorp/   EPISODE HIGHLIGHTS:How to find a good mergers and acquisitions deal for your RIA:  6:02-8:59The red flags and green lights of MMA: 9:23-12:09The ins and outs of selling your RIA and due diligence: 12:10-17:12How to retain clients during the acquisitions process: 17:13-19:14How mergers can help you grow your RIA: 19:15-22:38RIAs, good partnerships, and starting the conversation: 22:39-26:36RESOURCES IN EPISODE: Lake Avenue FinancialADDITIONAL EPISODE RESOURCES:Growing your financial advisor firm through acquisitions Tips for new financial advisorsFor more tips on how to grow and scale your RIA, subscribe to The Advisor Journey on Apple Podcast, Spotify, or wherever you listen to podcasts.  ABOUT THE ADVISOR JOURNEY: Real-life strategies for the modern financial advisor who's ready to scale. Join Altruist founder and CEO Jason Wenk, Altruist's Head of Community Dasarte Yarnway, and guests as they share proven tactics, unfiltered advice, and hard-won lessons you can apply to your own practice. These conversations will propel your career to the next level—don't miss it. Disclaimer: The views expressed in this podcast by the participants are solely their own and do not necessarily reflect the views of Altruist Corp or its subsidiaries. No compensation was provided. Altruist Corp offers a software platform that helps financial advisors achieve better outcomes. Nothing in this communication should be construed as an offer, recommendation, or solicitation to buy or sell any security. Additionally, Altruist or its affiliates do not provide tax advice, and investors are encouraged to consult with their personal tax advisors. All Copyright 2022 Altruist Corp.

Matthew Topley is the Founder and CIO of Lansing Street Advisors, an independent RIA based out of Pennsylvania that oversees $160 million in assets under management for 60 client households. Matthew has been able to differentiate his firm by offering high-net-worth clients the opportunity to diversify their investment portfolio by syndicating private real estate partnerships that directly purchase individual multi-unit rental properties. In this episode, Matthew shares the realization he had that led him to diversify his own investments, as well as how he was introduced to truly passive income. Listen in to learn why he built his firm around financial planning advice (even though his background is in portfolio management), why he outsources much of his back-office services to focus specifically on conversations around financial planning advice and real estate investing opportunities, and how he uses tools and systems to execute on syndication deals on an ongoing basis throughout the year. For show notes and more visit: https://www.kitces.com/292

Want to hear one our most popular episodes ever? Having done hundreds of these chats with kids, which have been downloaded thousands of times, we thought it was a good time to replay the Top 5!In this week we spoke with Ria (age 11), asking how many grains of sand there are on a beach. She breaks down the problem really well into smaller parts to arrive at a very sensible estimate. There is no right answer here, rather all about estimating and applying structured thinking.For more fast and fun questions to get your kids talking and thinking, download the KidCoachApp from your usual app store!

Allen: All right, passive traders, we have a treat in store for you today. Many of you know about the option continuum, which is basically, you know, our levels of breakdown of where you are as an options trader, you start with level one, you don't know anything. And then you get to level 10, maybe if you want to, which is option professional. And basically a professional means that you are so good at trading options, that you are now trading and managing other people's money and you're getting paid for it. Many of you have reached out to us in the past and said, Hey, I want more information on that. And we haven't really put it out there because I am not doing it myself. Right now, as a professional, I don't I'm not measuring anybody else's money. And so, you know, I'm not the best person to talk to about that. But we keep getting people and be like, hey, you know, I want to learn, I want to learn. So one of our members, Paul Ashcraft, has volunteered to join us today. And I want to thank you, Paul, for coming and helping out. A few a couple of months ago, I think in one of our groups, I think it was a passive group, where I had put in there like, Hey, I'm thinking about starting a hedge fund. So I'm thinking about going professional, right? And he reached out and said, hey, you know, I'm already doing it if you want to, if you want to talk and I can answer your question. So we had an amazing conversation, I learned a lot. And I was like, You know what, this would be really helpful for everybody else. So I asked Paul, hey, could you do it again? And we can record it this time? It was like, Yeah, sure, no foul. And so he's here, Paul, thank you. Thank you for being on thank you for taking the time to do this. Paul: Thank you very much. Pleasure. Allen: And you're Paul is a member of our of a lot of our programs. So passive trading formula, the blank check, and now the credit spread mastery as well. So you know, it's good to see that, hey, if you're a money manager, then you're continuously getting learning and learning new things to help out your students, or your clients, I guess. So. Well, tell me, why did you get into management? What was it that drawed you through that? Paul: Well, I sort of got tricked into it. I had a, I'm a CPA by trade, and I had a client who was becoming an NFL player agent. And he trusted me and wanted me to help him manage his people's NFL players money. So I started the licensing process at that time. And so that sort of tricked me into it. So that sort of fell apart. And then he wasn't getting more leads for what he was doing. So I basically continued since then, so Allen: Okay, so were you already trading on your own? Or before that? Or did you learn as you want to? Paul: Yeah, I've been trading, you know, for quite a while. Off and on. So yeah, I've had some experience of trading. Allen: Okay. So you are comfortable, you could do it? Paul: I knew I needed to learn, I do need to learn some more. But yeah, I feel like I could I knew enough about the world to do that. Allen: Okay. And so you are known as what is a RIA, a registered independent advisor? Paul: Right. That's correct. Allen: So that's one of the ways of managing money. What exactly is an RIA? Paul: It's basically a firm that is licensed by the FINRA basically, and you are licensed to where you can manage other people's money. Allen: And all RIAs, are fiduciaries, right? Paul: That's correct. Yeah.  Allen: Right. Because a lot of people don't know the difference between a fiduciary and a non fiduciary. And so a fiduciary, if you don't know you are legally bound to do what's in the best interest of the client. A lot of these other companies that people think about when they're talking about money management, or Wealth Advisors, retirement advisors, all these words that they use, they have no license, or maybe they do have a license, but they're not a fiduciary. So they're not required to do what's best for the client. And so they can sell you a product that they get the highest commission on, even if it's not really a good thing, a good fit for you. So that's why..  Paul: Yeah one of the ways I deal with that fiduciary criteria is basically whatever I do for other people, I do for myself. Allen: Okay. Okay, interesting. So, what does it take to open an RIA? Paul: Well, if you want to legal structure and need, like, I have an LLC got a creative for that. And I have had to pass a serious 65 test, which you'd like an SEC test, and get to come up some kind of agreement you have with your clients that's approved by FINRA to sign them on as clients. Those are the basics you have to do. Allen: Okay, and like how long did it take you to go through all that? Remember? Paul: I'm gonna say, basically of six to nine months. Allen: Okay, and how long have you been? How long have you been an RIA? Paul: Since 2014, so roughly eight years. Allen: Awesome. Yep. Cool. And for those of you, you know, I'm going to repeat it later on, but Paul's business website is Businessadvisors.Pro. So if you ever or if you need a good adviser, you know, please reach out to Paul. And I'll repeat at the end, and we'll put it in the show notes. I just wanted to get that out there. Paul: And that's mainly my CPA website, just so you know. Allen: Very cool. BusinessAdvisors.Pro, there you go.  Paul: And then sort has been done about creating my Wealth Advisors website, because you're so under scrutiny when you were you advertise things, so I just sort of steered away from that a little bit. Allen: Interesting. Okay. So I guess there's certain things you can say and certain things you cannot say. Paul: Basically, anything you put out there to the public, you have to like, monitor it for five years, and they can question you about it anytime. So I just figured one way to get around that is just not to do it. Allen: Okay. So then that leads me to my next question, like, how do you find clients if you're not advertising? Paul: Well, you know, I have CPA clients, probably like half the clients, I have my Wealth Advisors from CPA side. Other thing is like, from friends, and referrals from other people who use me. Allen: Okay. So it takes time to build all that up?  Paul: Yes, yes. And I'm currently working on more. More advertising. Allen: Okay. All right. So the advertising is possible. It's not it's not like it's restricted. But you have to be careful of what you do and how you do it. Paul: Yes, yes, yeah. Allen: Now, what are your clients looking for? Because, you know, if somebody comes to you and says, Hey, you know, I'm looking to make more money, obviously, but they have so many, so many choices. They can do it themselves, it could go to like, like Fidelity and have them do it. They could go to they're really rich, they can have their own private like, you know, Bank of America, has their own private wealth, people. So when they come to you, what do they tell you? Like? What are they looking for in terms of an advisor? Paul: Well, I mean, I had someone recently come to me, and, you know, we're signing them up, or things that I'd say we, if we look, if we're here a year later, what do you want to what your criteria are saying, I did a good job. And he wanted a 10% return, which has been difficult in this market. But that's, that's one thing. Another thing? I you know, most advisors out there, these basically are, they're buying hold people, I mean, and they bid six things in a bucket, and don't look at it too often. So I, I basically say that I'm actively working in their account, and I'm not sure I'm going to just put it there and not be looking at it. Allen: So obviously, you probably tell them about your options experience and the different types of strategies you use. Paul: Yeah, a lot of times just the casual person warnings on the manager money that, that if I tried to tell them all that it would go way over their head. Because, you know, it took me like two years talking about options to actually start doing it myself, you know, so I'm trying to be a little bit of conscientious about what they can and cannot handle information wise. I'll be glad to talk about it, they want to, but I'm not gonna write too much about it. Allen: And I bet that would that would set you apart, right? You know, it's like, hey, you know, we can do plain vanilla stuff. Or we can do if you're a little bit more aggressive than we can do this, and this and this. And then if it goes over there, that's fine. But as long as they're like, whoa, this guy knows. Paul: Yeah, definitely. That's certainly part because like, my CPA, well, I deal with investment advisors. And like, no one, no one that I know of is actually managing costs. I mean, like, you know, every week or things like that, Allen: yeah, yeah, they just don't I mean, part of it is they have, depending on where they are some of these guys that I know, they have broker dealers, and the broker basically tells them what they can do and what they can't do. And trading is like, No, you're not doing it. They just they can't, they're not allowed. And so, you know, we get we get clients that are financial advisors, they come in, they're like, oh, yeah, I'm a financial advisor, like, oh, they shouldn't, you know, all this stuff. And they're like, oh, I don't do any of this for my son. I don't know, they don't even teach us this stuff. In financial advisors. Cool. So it's like, once I call again, I'm like, Oh, my God. Paul: Yeah, most of them are just like, call themselves people. And it is this, they don't necessarily know that much about investing. It's more about they have relationships with people, and they train their people to be accustomed to five to 7% returns. So so don't want you to do that as that's, you know, not a hallmark. Allen: Yeah, yeah. Like, you know, when I go to if I go to a dinner party, or whatever, and, you know, always comes up. So what do you do? It's like, well, I teach people how to do this. And the first they're like, really, is that, you know, what do you what do you mean? And then we tell them a little bit about it, and they go, Yeah, you know, we try to aim, you know, for 5% a month, and they're like, what a month. Really? Oh, wow, I gotta learn about that. And then, you know, you explain a little bit and then they're, like, bored and then they go talk to somebody else. Because, you know, it's cool. They want, they want it. They just want to do the work. So that's cool. Now as an advisor, how do you How do you charge? Like, what do you charge? How do you do it? Paul: So I have what's called a serious 65 license. So I'm able to charge a percentage of what assets are under management. Okay, so the basic generic, charged with as generally 1% of assets under management. Okay, that if I'm doing more as a some different strategies, things like that, I'm probably going to up the field more because it's, it is active trading. Allen: It takes more time. Yeah, yeah. Because I remember way back when I had a guy at America ice, and he was my advisor. And yeah, he would charge a minimum of 1% on assets every year. Every time you put money, you gave him money, they would take 5% off the top. And then every every mutual fund and every index fund or whatever that they put you in. And most of them were, you know, Ameriprise products. Each of those things would have a separate fee every year. So I mean, I got dealing left and right. I didn't know what I was doing. At the time, I was thinking I am going to you know, I'm smart. I got an advisor. But yeah, he was the one getting rich. And so.. Paul: They made that money, whether they go down or go up it. Allen: Yeah, I mean, they take the money right up front, 5% off the top. As soon as you make a deposit, it's like, man, you haven't done anything. Even if I turn around and ask for the money back, I just love fibers. Do you have like a lot of Is There a lot of overhead for being a advisor? You need a large staff? Paul: Right now, it's just me. And so I'm already have all my setup for my CPA business. So there's not really that much more to do.  Allen: And you can run it from the same location. Yes, yes. Okay. So then who does the like the backend stuff, you know, statements, and compliance audits, all that stuff. Paul: So we use Interactive Brokers as the broker dealer. So they basically, so all my clients have their own account set up with them, and it sort of goes underneath my master account. So so they take care about the then get a statement from there anytime they want to find out what their balances. And if they need to take up money, they can contact them and get the money taken out. So they saw him. So we're doing a lot of the back office stuff. Allen: Awesome. So you really don't have to do anything. And they they opened the account themselves, the client opens the account themselves, they deposit the money themselves, they can take it out whenever they want, they can go and log in, see all the trades, see whatever is there. So you really don't have a lot of customer service issues. And so you don't have to send send out statements, because Interactive Brokers will do that. Right. Paul: And one of my strategies is if someone is, I call it high maintenance, then I probably can't handle that, you know, they probably need to find someone else because, you know, I got enough things to do is it is. Allen: Awesome, cool. And then. So you don't handle any of the money either. Because they just go straight to interactive. So you're like a hands off, okay, I'll do the trades, but I'm not touching your money. So you don't have to worry about me taking your money and running away and flying to Bermuda or something.  Paul: Yeah, just like the Bernie Madoff deal where he was. He they call it having custody of the funds, and he had custody. And so they, they talked about that when you're going through your testing and things like that, about having custody and not having custody and things like that. So yeah, it's a big red flag. Allen: Yeah. Because I mean, like, I've been looking into starting my own hedge fund, you know, using the the passive trading strategies and such. And I looked at RIA first and then I looked at, you know, hedge fund as another way, and I think from what I've been able to find so far is that if you start a hedge fund, and you don't charge any management fees, you don't need the license, you can set it up in a way where you know, you get you only take a percentage of the profit. So if there's a gain, you can get a percent, but you don't get that yearly management fee. If you want the yearly management fee, then you do have to separate a separate Ria, to do the management of the fund. Okay, I didn't know that. Yeah, so I thought that was pretty cool. So we've been looking at that as well, different things. So now, what percentage of your management is active? versus, you know, index funds, mutual funds, etc? Paul: I'd say about half. Allen: Okay, and all of the clients are okay with that, or do you do client by client? Paul: I pretty much put everybody under the same model. Yeah. So Allen: And so with interactive, how does that work, you have to go into each account to put a trade on or you just put one trade on and it just trickles.. Paul: There's a master account and I can set up different  classification. So I could I could buy 1000 shares of IBM and have it spread it putting all the accounts did that.  So they have to watch out for is some of the accounts can trade certain things, some can't, like RIAs cannot do you know, futures and naked options and things like that as far as, at least on the credit side. Allen: Okay. All right. So can does that get confusing? If you want if you want like, Okay, I want like a say IBM, I want my IBM stock to be 5% of all of my everybody's portfolio. Paul: Yeah, that would be a different the different equation. So basically, like I did a trade today where I figured, you know, want to take a $10,000 risk. So divided by what that option was going for. And I bought that many contracts to take on that kind of risk. So not necessarily rebalancing everyone is usually trade by trade. So putting on a certain set of circumstances, set a step stop loss and things like that. Allen: Okay, cool. So you can do it as easy or as simple as you want. Or you can make it as complicated as you want. Yeah, up to you. Yeah. Nice. So what types of what types of trades do you do? Paul: Well, some of what you teach. So I do some swing trading. And of course, you know, credit spreads and things like that. And some, you know, some some of the dividend paying stocks and covered calls and things like that. Allen: And do you do any any oil futures options? Paul: Well, I'm not. I'm just at the point to get licensed for that. Allen: It's a separate license? Paul: That's as a separate license. Yes. So you have to you have to get licensed through the, Chicago Board of Trade, the NFA and National Futures Association. Allen: Okay. Okay. And then will you be able to do it the same as everything else through Interactive Brokers? Paul: Yes, I think so. Sometimes you don't know to actually do it. So I think it's pretty similar. Allen: Sweet. Okay. Now, as a as an RIA, do you also advise your clients on other alternative investments, you know, real estate, crypto anything else? Or is it just stocks, bonds, options? Paul: I'm always getting to ask questions, you know, because I'm in, you know, really, I'm gonna CPA world or the IRA world, I'm getting asked questions. So I will advise on that if I think I have a good opinion. You know, I'm not roll up on that rolled up on crypto Allen: Right, right. Are you still bound by the same fiduciary type rules on that or?  Paul: You could come under some scrutiny. You know, you'd like an offsetting handed comment, and then someone does something crazy. And so you got to be a little careful. Allen: Yeah. All right. And okay, so him now with the interactive account, or the broker dealer, is the software any different? Like, versus if you open a regular account by yourself? Is there anything you have to learn a new platform? Or is it basically the same thing?  Paul: It's pretty much the same platform, you just have to understand how to do the trading, like I was telling you about, like, allocating between all the accounts, but the platform itself is basically the same. Okay. Cool. Yeah. Allen: What do you see as the future of money management, because like, you know, they got these robo advisors now, and they got like Robin Hood, trying to get everybody to trade on their own. And so what do you see down the pike? You know, do you see like, your clients are like, yeah, rather just have you do it? Or are robots or whatever? Paul: Yeah, I can see, you know, some of the robot picking up. But on average, most people out there don't know, hardly anything about the investing world. My average client, so I think it's going to be still a good field you know, way up currently doing it. Allen: Okay, and who is like your average client? Paul: They're probably like 50 years old, that did 60. And probably, you know, got assets anywhere from, you know, 50 to 50,000 to over a million dollars, you know? Allen: And do you have any limits on who can invest with you? And how much? Paul: No, I mean, like, I'm not, I'm just gonna take on any account right now. It would need to be over a certain dollar amount for me to I just always have to keep that in mind about, you know, do I want to take on a five or $10,000 account? Because it's gonna be extra work. Taking that versus the capital issue at-- You don't have to be you don't have to comply with the day trading rules. You know, because because if you if you accidentally in and out three, three trades in a week, then your account gets shut down. You know, so you have to deal with that. So yeah, so I'm trying to gradually move up from like a minimum of 25,000 to 50,000, 200,000. Allen: Okay. And then you also have a certain criteria like a certain person that you want right? Certain somebody they can handle the options and that Intertek can handle that because I mean, it does swing a little bit. So if they have a 5,000 to $10,000 account, they freak out if they lose $1,000, obviously, that's not the right person for you anyway. Paul: Right. But on that same note, I had a client the other day that, you know, they have, you know, an excess a half million dollars with me. And they want to know how they could put in more money since this market was down so they could capture, capture that now mark? I love that kind of client. expecting them to call you and tell you, why is my account down? Actually, that question is dead. They're saying, How can we put more money in?  Allen: Yeah, that's a smart, that's a Smart Client. So that's, that's got to be your email, you know, going out, like, Hey, he's trying to give me more now. double down on your investments. Okay. Now, How has being a money manager improved your own trading? Or hasn't? Paul: Well, I mean, it's made me to seek out new avenues of investing. You know, because I'm looking out for my clients. By the same token, when I do that, I find things that I can use to, you know, like, I don't know, if I would have found the old future options without that, you know, seeking out new new investment strategies, you know, so I could do a better job for my clients. Allen: Okay. Now, we've had a lot of volatility lately. And you've, you've alluded to it already. When stocks down about 20% or so right now, how do you deal with the investor concerns or expectations? Paul: I'm continually learning that. The more, the more proactive you can be with that, I find that it's better. Like, if you have a bad day or a bad trade that, you know, that affects it so much, and then maybe call and talk to them about it versus waiting for them to call you later, and they get their quarterly statements. And they call you know? Allen: Right. So do you find that a large portion of your job is just talking to people and just calming them down? Or explaining certain things to them? Or educating them? Paul: In the beginning? Yes. If someone's with you for a while, and they haven't gotten, understood your ways, and why you do what you do. And it would be generally in the first year of a client relationship, you indeed do that more, but there is sort of they get to know you, you you get to know them and sort of like a training curve there. Allen: And now, most of your clients, are they either they know you or they were referred to you. Right. So there's always there's already that trust built in from the beginning. Most of them yes, yeah. So if you, you know, advertising, somebody comes in cold, they're like, oh, yeah, I like what you're doing here. You know, here's $100,000, there's gonna be a lot more back. Paul: Yeah. Allen: Okay. So how are you handling? How are you handling the volatility? Like when somebody calls up and says, Oh, my count is down. How do you? What do you do there? Paul: Well, number one, what I did when I saw when I saw the market starting to tank, I basically, was going more into cash. So like, I the client won't know why we aren't investing. I said, Well, I'm waiting for the market to give me indication has, it's found the bottom or, you know, it is headed back up. So I don't want to, I'm not a bottom picker. But I don't want to like, write it further down. You know. So that's one way of dealing with it. And they seem to appreciate that quite a bit and understand that. So I don't think that's something you get out of a typical advisor. Allen: So yeah, but what if somebody calls you and says, Oh, my God, you know, I'm down 10%? What am I going to do? I can't handle this. How do you handle that? Have you ever had that happen? Paul: Yeah. I tried to change up their strategies a little bit to get them a little more solid, or maybe not trade as much in their account. Just being a little more cautious. Allen: Okay, so Okay, so you can actually choose, like, let's say, we talked about that IBM thing. So if you're like, Hey, I'm buying IBM, you could choose and say, okay, don't put it in this account in this account, just because in all these other ones,. Yeah. All right. So you can actually tailor it because like, if somebody goes, Yeah, I just want to be long stocks, or I just want tech stocks. And I just want you know, credit spreads. So they you can, you can do that. Yeah, okay. Yep. So, do you have any shortcuts that you can share? You know, for somebody that's thinking, hey, you know, this sounds like cool, I'm gonna I'm gonna get into this. RIA business, anything that you probably didn't know, ahead of time that you would have liked to have known? Paul: This is sort of like a unknown territory. Because, I mean, when I was doing it, I couldn't get anybody to actually figure it out what like a serious 65 license would do. And I was sort of going into blindly a little bit. So I mean, I think the number one thing is maybe you know, then contact me. Shortcuts is, you know, I don't know like I had to find a place to take the take the course for that. And then I hired a guy to tutor me some. And, you know, there's, there's these firms out there wanting you to sign up with them for them to do oh, you know, like your paperwork and so forth. And I just sort of like fumbled my way through it and plagiarized another agreement online affected us. And so another thing is to know if you're in this world, you will get audited. Personally. Well, the your investment firm, right, yeah. Yeah. Like I'm in the CPA world, and I probably will never get out a different CPA world. But the investment side, I will get audited probably time and time again. So far, it's only been once one step Florida, but yeah, Allen: okay. Yeah. I mean, that's a good thing. I guess, you know, that, that the advisors and like you said, you know, the Bernie Madoff, he keeps him at bay as much as he can a little bit. So some of that, I guess, from a consumer standpoint, and that's a good thing to hear. Paul: Yeah, but a lot of a lot of us, they don't necessarily understand the world as much as you do. And it's more like them checking a box somewhere in a city. They ask this question, or I did that, but they don't really find that don't really necessarily know exactly what they're doing, you know, Allen: Yeah. So but do you mean tax audited or audited by like the audit by Paul: the state by the financial regulatory people for the state you're in Allen: The state regulatory? Okay, so every state has their own regulatory stuff that you have so far. Paul: Yeah. So just just sort of background here. Usually, as you're managing under $100 million, you're managed by the state. But then once you hit $100 million in the SEC is basically is going to your watchdog, it's gonna look over your shoulder. Allen: Okay. All right. Cool. And you're in Florida, right? Correct. But you can take clients from anywhere? Paul: I can. But different states have different rules, most of them allow you to take five to 15 clients, and not really be registered with them. But then once you hit over that threshold, they want you to fully registered with them. But there are a few states that require you if you get one client, they want you to be registered. And Louisiana was one of those states. Allen: So I guess, depending on how much capital the guy is gonna give you whether it's worth it to register there.. Paul: Exactly, exactly, yeah. Okay. All right. Allen: So would you knowing what you know, now, are you happy that you went this route? Paul: Ask me again, in a few years. Allen: Well, you've been doing already for like, eight years. So kind of got some kind of track record here. Paul: Yeah, it's been, you know, it's been definitely a learning curve, you know, from the regulatory side. And then from the investment side, too, so? Yes, I'm glad I did it. But it' had its rough moments. Allen: Well, give me an example. Paul: Well if you if you lose on a trade, you know, it can affect your account and other people's account. So that's probably the biggest things that has happened to me, you know? And then you got to figure out how am I gonna tell this person this?  Allen: Yeah. So how did you how did you deal with that? Paul: I prayed a lot. Basically, if I knew the fact that someone so much, I would, I call them and talk to him about it. But in a certain situation, like, because it was spread over so many accounts, it didn't really affect anyone that much. It wasn't that big of a deal. Like, you know, if I'm managing $5 million of money, and I lose 20,000, you know, the most Someone's probably gonna lose is maybe 2 or 3000. So the overall number is a big number. But you know, we spread between all the counts, it's not that big of a number. Allen: Interesting. Okay. Yeah, I mean, that's that thing, right? There is like, the biggest thing that's kept me out of it for all these years, you know, people have been asking me from the beginning, okay, can you take my money? I'm like, nope, nope, because I don't know how I'm gonna handle the stress. I don't know if, um, we will sleep, I can lose my own money, you know, market down 20% Okay, whatever, it'll go back up, I got time, you know, but somebody else if I lose your money, and I don't know, I don't know how I'm gonna handle it. And so that's the one thing that that's really caused me to be hesitant up till now. And I agree what you said about not having that much information out there. You know, I mean, there are companies out there that will like if you want to be in RIA you type in how to be an RIA and there's a company that hey, you if you give us like 30 grand, you know, we'll do all the paperwork and we'll file everything for you. So you Okay, but what do I actually get? You know, they're like well you do the paperwork. Well what about after that? How do I get clients how do I do this how to do that they will help you at all and these two guys they had approached, they had talked that a because I'm you know Option Genius is in what's called the financial publishing space that world, so we have our own little conventions and all the Guru's come and hang out and talk marketing and stuff. And so there was there was these two guys who were speakers, and they were telling all of the financial publishers that hey, you guys need to get into the into the management business, because you guys already have all these clients? They already trust you? You know, and they probably have a lot of money because people coming to me, you know, they say, Hey, I want to learn how to trade options. Okay, cool, you know, and how large is your account? They're like, Oh, 50,000. Okay, cool. And they trading options with 50,000. But they also have like, maybe a million dollar IRA, that they're not touching, or their wife has $500,000 that is with some other financial advisor that she doesn't want her husband to touch with options. So it's like, yeah, everybody that comes in has a lot more money. So if you started an IRA or an advisor, then you know, they'll give you that money as well. And you can make all this money. And I was like, Okay, that's interesting. But, you know, what are the legalities and all that and they wanted, I don't know, obtain $1,000 plus a percentage of the company to actually teach me all this stuff. And I'm finding a there's a lot of secrecy, as you can say, you know, and Wall Street, I think puts it like that on purpose. Because they don't want everybody to know what they're doing and what they that they don't know what they're doing. Pretty much. So cool. Paul: I don't know, that's intentional, but it just got I think there's so few people who are looking to do it. And like, it's not a widespread throughout the population thing. So you don't find as much about it, you know. Allen: Maybe okay, yeah, I'll take that. Yeah. Because like, you know, even like, what is the difference between an RIA and a hedge fund? You know, I've been beating my head, like, which one? Which way? Do we go? Which way? Do we go? If we go this way? Or this? Or what are the pros? What are the cons, and there's like, no one person that can that can tell me, if you want to go to a hedge fund, they got a little hedge fund world, and, you know, you got to you got to pay the dues to get in. If you want the RA world, then it's more common, but it's, it's for the guys, you know, for people who are like, Yeah, you know, I just want to put everybody's money in an index fund, you know, so it's like, what you're doing is totally different, like, I have not met any advisors that are actually, you know, trading that actively for people. So I mean, compared to the other guy, Joe Schmo that charges 1% a year, or 2% a year, just to put their money in an index fund compared to what you're doing, you know, your value is just so much more. But it does seem like it's very similar to a hedge fund where, you know, a hedge fund is a little bit different, where all the money is pooled into one spot. And then, you know, the, the trader controls it, you're doing kind of similar, where you can look at it and be like, Okay, I got, you know, $10 million under management, how am I going to split that up into different trades? And it just happens to be in different people's accounts? So have you ever thought about increasing your rates because like a hedge fund, they can charge a percentage of the gains? An RIA can't? Can they do that? Paul: They can do that on their certains particulars criteria? I think like you have to have an investor who's has at least $2 million in investable assets. They have at least $1 million invested with you. And then you can have certain arrangements where you say, Well, if I make whatever percentage I'll make about what the s&p does, you'll split it with me, or something like that, you know? Okay, so again, it's very, it's has a lot of criteria to it can't be done, though. Okay. Yeah. Because I wouldn't say the hedge fund world is based on what you're telling me is, cuz you're basically commingling all the funds. Right? So you got to do like a statement for each person or something. Yeah. And so I think the advantage is, you can just commingle it all and then do whatever you need to do. And then at the end of the day, you somehow allocated? Allen: Right, so the thing with the hedge fund is that all the investors have to be accredited. Okay, so accredited, as you know, probably, you know, you basically you have a million dollar net worth not putting your house, or you're making upwards of 300,000 a year. So, you know, basically, so at least Paul: They have to tell you, they're accredited. Right? Allen: I think we would actually want them to be proof, you know, give me proof otherwise, we're not letting you in. Paul: That was actually in so my testing I just did is like, yeah, you want this criteria? But are you actually gonna go go check it? No. So Allen: Interesting. Okay. Because I mean, you know, the government says that the hedge funds, you know, if you're an accredited investor, you should be smarter than the average bear. And so, if you lose money, it's not that big a deal. Like you are smart enough to get into it. You know, somebody with $5,000 or $10,000. That's my life savings. No, sorry, you can't invest in this. Even though the hedge fund might be like doing 1,000,000% a year, you can't invest because you're not accredited. Ras can take basically everybody, so that was one of the things okay, somebody comes in with 50,000 as an RIA, you might just take it because it's not that much paperwork. It's not extra for you. But for a hedge fund. Yeah, no, I can't do it. Because I gotta, I gotta pay the auditing company. I gotta pay the statement company. I got to pay the customer. You know, whoever's doing customer service and answering the phone and doing all that, and salespeople and all that. So 50,000 is not going to cut it, you know, the limit is a lot higher. For sure. Okay. Yeah. So yeah, that, in that sense, totally different world. But very similar from what I'm seeing is that, you know, you're doing probably what we're gonna be doing, you know, similar. Paul: So you probably can't take qualified money like IRAs and things like that. Allen: I think they can. Yeah, yeah, I think they can, as long as a person is accredited. And so there's different regulations, 5063 C, or six, C, five, or six D, they'll those tell you, you know, if you can take accredited and non accredited, and then can you advertise or not, I'm still learning all this, it's all different, because like, if you start a Real Estate Fund, different from if you're doing a hedge fund, versus a private equity fund, so some of the rules apply to everything. Some of the rules are just separate. So I'm still learning all that. But I know that the Interactive Brokers, people, they've done webinars in the past with attorneys. So if anybody wants to start a hedge fund, you can still use the Interactive Brokers platform. And they have they actually have a separate portal, I think, for hedge funds. Yeah, I've seen that. You've seen that too? Where you can actually see what other people are doing. And what are the trades that they're making? Paul: I didn't know about that. I just knew that they had some kind of hedge fund portion of what they're doing. I didn't know exactly what it meant. Allen: Yeah. So So what they said was that, you know, the attorney was like, you know, it'll take several, you know, maybe $30,000, to set up your hedge fund, you can probably do it with a smaller amount, if you want to start an incubator fund, which is like, you know, if you have your own money, and you put in and say $300,000, and you trade it as if it's a fund, and you don't maybe that that paperwork might be like 7000, and you set that up, you treat it as a fun, you build up your track record, and be like, Oh, hey, look, you know, I was trading for six months, I got this, that or not, and then you can start advertising it, and you convert it to a full fund. And then you can say, well, look at my track record, this is what I did. And then people can come in for the full fund. So that was one of the things that they were they were talking about. But so yeah, we were we were looking at an interactive, but the one thing that interacted with their software is a little bit more clunky or less user friendly than some of the most user friendly software. Yeah, it was my personal accounts. Now. So when, do you still trade on on your own on the side? Or is all of your money in the big? Paul: I have some money still in the in the huge fund? And then, you know, I have some I have an account on the side, right? Allen: So that separate account, did that change it all after you got licensed? Because they always, you know, when you open an account, they always ask you, are you licensed? And then they're I don't know why they do that. Is there to change anything on? You're not gonna recall? Paul: Yeah. So, there's, there's occasions where you can link up an account with the master fund, and you can D link the account. So I think at one time I had, it's actually my 401k account for my accounting firm attached to the IRA account, but then I detached it. One of the main reasons was for futures. Okay, because I knew I wasn't qualified to do futures for the whole fun. But I could on a mountain account. Allen: Ah, okay. So you have to keep it separate to do the futures options. Yeah. Until you get licensed by them. And is that like a lengthy process as well? The futures options? License? Yeah. Paul: I took a series three exam back a month or so ago. So I'd studied for two or three months, and again, got a tutor. Yeah. Okay. Allen: All right. How many clients do you have right now? Paul: I'd say about 20-25. Allen: Okay. All right. Cool. And so, from a financial standpoint, has it been worth it? Paul: Yeah, it's been really good. I might, my intention when I know that, you know, once I got into it, my intention was over the years, you know, retirement age, is at my incomes shift for my CPA business or to my investment business. So I could do that, say two hours a day and retirement versus, you know, doing tax seasons and all that. CPA visits. Allen: Okay. Is that still the plan? Yes. Still plan. Awesome. Cool. So yeah, I mean, handling managing millions of dollars of assets in two hours a day. That sounds pretty good to me. Paul: That might be a pipe dream. But that's what I had in mind.  Allen: I think you could do it your own way. You're on your way. Cool. Awesome. So is there anything that I haven't asked you that you think like, oh, yeah, people need to know this. Paul: I could probably sit here and think about a few things. Not on every call. No, no, no, no. I mean, one thing you have to like for instance, a you have to have a like an email account that you Gotta add to retain all your emails for at least like five years. That's one thing to keep in mind. And like I have to send a like a balance sheet and income statement to the state of Florida every year and get someone to notarize it. You have to upload information to the FINRA site at least once a year. And that's where you pay your like on license Louisiana along Florida and things like that. So I pay my fees for those licensing booth vendors website. Allen: And that you had told me that the fee that you charge for management that comes out Interactive Brokers basically pays you every quarter, your fixed asset if I had to build it, right, yeah. Paul: Okay. So, so they do it automatically. But when I got audited, the state wanted me to actually create invoices. So the answer your question is, I'm not sure what the real requirement is. So far, I guess I met that criteria then. So I'm not actually grading him. What's the reporter right now? Okay. Allen: Yeah, I mean, because like, I mentioned, those two consultants that I had talked to, they had told me that I would have to bill everybody invoice, everybody, every quarter. And those people would have to pay me directly. So it wouldn't be taken out of their account, it would be sent directly to me that they would have to write a check every quarter. And I'm like, that's a pain in the butt. You know, that's pretty cumbersome. Yeah, if a customer has to pay, you know, a big check every quarter for management fees. And then especially if you have a down year, he's like, What am I paying for it? I don't pay for this anymore. And you don't get paid. So I was like, Okay, that's a big red flag. But I'm glad that that's not true. Cool. Okay. Paul: One thing I have figured out there is, like, there's an account I was going to take from someone from one advisors to me, and they had all their fees, like totally hidden with all these mutual funds and things like that. And so like, you know, that account, I was gonna charge 3.3%. But we weren't able to ever get to the bottom of what the other advisor was charging. So, even though they have a lot of disclosures and things like that, I think we could have pressed the issue if we really wanted to. But, um, but you know, I ended up losing that account. Allen: So did that customer realize that, that he's being charged all these things? Paul: No, no, no clue. No, I mean, whenever I sort of parted ways, and I said, you guys at least need to figure out what they're charging you. You'd be surprised at the amount of inept that's out there and people who are actually hiring advisors, like, yeah, most people do not keep like their annual statements. They couldn't tell me how much they made last year. You know, because really, when I'm taking on an account, I want to know, what their track record has been sort of what I would need to beat to make them happy. You know, a lot of them are not that attuned to that. Allen: That's crazy. Yeah. I mean, people, they work their entire lives to save up money and invest it so they can retire. But then they don't pay any attention to the money. Oh, boy.. Paul: I think it's because they don't know that much about it. So they wouldn't know what to do if it was not what they wanted, you know? Allen: Yeah. I mean, you gotta you gotta take a little bit of time to at least read the statements and figure out where's the money going? And it could be better disclosed, you know, the statements could be easier to read that that's definitely sure. That's, yeah. But it is what it is for now. Paul: Like, I have this account right now, I'm probably going pick up another six to nine or 1000. And I asked them to get their annual statements ready. Because I wanted to see what they have been. have been doing, you know, so, you know, so they didn't know if there'll be they'll find those. So let me guess. It's like, it's weird. Allen: Okay, they just like asked her her advisor. Paul: Oh, that might be red flag fight flight to them. And they are looking so yeah. Wow. Okay. All right. seem bizarre. Allen: So if somebody was thinking about starting their own advisory firm, what would you say? They would need in terms of like, what are the minimums, okay, you should have been in the market for, you know, five years, you know, or you got to know XYZ, is there anything that you would say that, you know, if you don't, if you can't even do this, and this is not for you? Paul: Well, they're planning on doing what I'm doing, they probably need at least three to five years, you know, their own market experience. But, you know, that being said, like, I just met with someone the other day, and I could put all my funds through their strategies, and just sit and coast. You know, really, they charge an extra 1% or whatever, so I'll back off of my fee a little bit. You know, so you can you can play the game different ways. Wow. So you could do like I can see a new person and starting that and just have these other you know, because they have what's called sub managers or something like that. I don't know the exact term. Basically, you're hiring other money managers to manage the money you have for your clients. Right, like sub advisors, maybe is what it's called. Okay. So I'm not saying it will totally preclude them that they didn't have three to five years. But, you know, hopefully they're drawing on someone's experience to help hold their handle that Allen: Right. And do you know how much it costs to get it up and running? Paul: I would say three to five grand. Wow, that's not much. I mean, the hardware, these firms are brought in to charge you five times that? Allen: Yeah. Okay. So well, the sub accounts. Yeah, actually, I do remember those consultants talking to me about that. Paul: They they call it sub advisors? Allen: Yeah, I think that's what it is. And it's like, yeah, you know, if you don't want to do it yourself, you can put your money, you can put your your clients money into different buckets, and then they just do it for you, and they charge and then you split the fees or whatever, or something like that. So, and then each broker, each broker dealer has different ones. So like Fidelity or Schwab will have different sub accounts versus what you could put your stuff in. But interesting, I just Just curious the ones that you had talked to what what strategies were they were using, Paul: They're using free cash flow to is their criteria for who they're investing in. So they have like international, they call a cash cow c-o-w. So they've international domestic, and things like that. So they have a different definition of free cash flow. So they're they're fearing that's the best value, their way of determining value out there, like sort of like a value fund, but their own definition of what value is. Allen: Okay, so they're investing in stocks. Paul: Yes, international and domestic.   Allen: And they handle the ins and outs. And so you could put a portion of your client's money in there, you put it all in there. So it's like, it's like an ETF. So basically, you can say I want 20% of my money to go on this domestic one 20% International. And I might, I'm in talks with them. So I might end up doing some more money that way. But so they're coming up with different sample portfolios that I can use their funds for. Allen: Okay, interesting. And so that must be a much larger company. Paul: Yeah, I'm not sure how big they are. But they're, you know, big enough to where they had like a representative here in central Florida and some of their back office helping them out. Awesome. I'm not sure their size yet. Allen: Yeah. So I mean, this rabbit hole is pretty big. You can dive in there and spend a lot of time figuring all this stuff out. Paul: Yeah, yeah. So I can see a way I could sit and close more. But you're only doing it two hours a day anyway. Allen: Cool. All right. Paul: Well, maybe we're gonna get into my retirement years, a certain amount of years. I'll just put it there and just coast. The zero hours a day. Yep. Allen: Yeah, my, my neighbor in the office next door, he's a financial adviser. He's been doing it for, I think, 25 years now. So he's built up, you know, a sizable clientele. And so now he's at the point where he wants to retire. But he doesn't know what to do with the firm. He's like, you know, he makes probably a good 500,000 a year income from it. And he's like, I want one of my kids to take over. But the kids are not really willing, and not interested. He's like, I don't know what to do. So he's still there.  So there's been periods of times or, you know, like, I sit on the CPA world deal with other investment advisors, where it's been a quite a lucrative market to get bought your practice bought out by bigger, let's say Merrill Lynch or something like that, you know, they pay some pretty big bucks to buy those books of business. Yeah, yeah. Because I mean, one of the things that the consultants told me is that once you get you get a client, that turnover, meaning the fact that they're going to leave you is not very high, they're gonna stay with you for years and years. So you can count on that money coming in, you know, that fee money coming in for a long period of time, unless you unless you totally screw it up, and then they're gonna leave. Paul: If you play the play smart. You know, if you're dealing with someone 50 years old, right now, you know, another 10 or 20 years, you're gonna pick up their kids and things like that when they need investment advice and stuff. It's, it'd be a self perpetuating thing. Allen: Yeah, yeah. And I do like the fact that there's always going to be somebody there willing to buy you, your company. You know, because a lot of times in smaller companies if you're the only person or if you got one or two employees, nobody really wants to buy the company even if it's successful. Nobody wants to buy it because they would without you there they're basically buying a job for themselves, right? It's not running on its own you're the one doing all the work in this case. Yeah, you're the one doing all the work but they don't need you. They can just, you know, have their own advisors take over. So you still get a pretty decent multiple when you sell so that's really cool too. Right? Paul: Also, I met a.. in my travels on this world. I've met the company and actually finance you if you want to buy on someone else's practice in the financial visor word world. Allen: Hmm.. So have you looked into that? Paul: I had a conversation or two with them, but I haven't really pursued it further. Yeah. Because I didn't know if I wanted to buy a larger practice. Right? Yeah. Because generally, that is a seven year payout to do that. So, you know, seven years, you'd be free and clear. Allen: That'll be interesting. Yeah. So a lot of ways to skin this cat. So you would I mean, I'm assuming that if anybody asked you, Hey, should I do this? Probably the answer is yes. Paul: Yeah, I mean, just mean, talk to people who have done it, and sort of figure out if it's a good fit for you, you know? Yeah. It's definitely can be pretty lucrative. Allen: Right? And I like the fact that it's like, for you at least it's more localized, you know, so you're not competing with somebody in California or Canada, or whatever. It's like, yeah, you guys get your clients over there. I'll have my clients over here. You know, they love me, they trust me. We hang out maybe. And sometimes. So it's not like a competitive situation. So, right. Awesome. Are you in any? Are there any, like, associations or memberships for advisors?  Paul: No, I'm not. Allen: No, but obviously, they probably have them? Paul: Yeah, I'm just not familiar. Very familiar with that. I have another advisor to hang out with suddenly sort of share some ideas. That's, that's all I have right now. Allen: And they're also private. Like on their own? Paul: Now, one of the reasons I didn't cover this in the beginning, like when I started looking into this whole thing, I didn't want to get clients and then share my fees with other people. That's why I didn't latch on to a bigger firm and start building my clients from there. So that's why I started my own Ra. So they will be my clients. And I get all the fees for them. And no one else had had rights to him. So that's, that's one of the reasons I did the way I did it. Allen: Okay. Okay. So what would be the benefits of going with a larger firm just to name recognition? Paul: Well, they have, one of the biggest things is called compliance. So like, right now, I'm my own compliance officer for my firm, okay, and larger firm like that they have whole departments that take care of compliance, for you to make sure you don't get in trouble, the regulators and so forth. So, like this other advisor, I had, he joined another firm, just so you could have that compliance piece to it. But in his firm, he can't trade options. Right? Allen: Because they're very limited. Yeah, exactly.  Paul: It's taught me to join his is up, like can't trade options. Allen: Because compliance says no. Paul: It was on the client's officer. Allen: Right. So that's why when you said you were thinking about advertising, it's the risk is on you because you're the compliance officer. So you got to know exactly what can be done and what can't be done. Right. Right. Interesting, cool. Is there anything else because  I'm out of questions. Paul: One of the things, one of the things I tell you, I looked into going with other companies, other inactive brokers when I started, okay, and like Charles Schwab wanted you to have $7 million you're managing before you could go with them. Allen: Whoa, okay. And they're the biggest right right now, I think. Paul: I think so. Yeah. Yeah. So that's one reasons with Interactive Brokers, because they didn't have the minimums like that. I didn't really check too much rather than other people. Allen: So and how's your customer service at Interactive Brokers, because they for personal accounts, they don't have a good reputation. Paul: Yeah, they have a separate line, you can call as a professional advisor. So it's, I get pretty quick attention. Usually, you know, it's not it's not perfect, but you know, it's decent. Yeah, but you're happy. Yeah, I'm not saying that. I'm sure other companies have better customer service but you know, for right now, they, you know, I might need to call him a few times, but I get what I needed if I need need to.. Allen: And how are their margins and Commissions? Paul: Commission's are pretty low. I don't have the exact numbers I just know less than like $1 per 100 shares. Allen: And who comes out of the customers account? Obviously. Paul: Each person like when you do a trade display something all the counselee they pick up their own fees. Allen: Cool. All right. Well, thank you Paul. You know, Paul's website is again BusinessAdvisors.Pro. Paul said that he could reach out you know, you guys can reach out to him if you have any questions. And Paul is also in our other memberships are other programs as well past trading formula blank check and credit spread. So if you guys are members of those, you can reach out to him there. You'll find him in the group. And he's been very gracious with his time. So I do want to thank you and And he's very active in the group and you know you've been helping a lot of newer people as well they're so appreciate you there. Interesting place, interesting world and as I dive in I'm probably going to reach out to you more. Paul: Sounds great, I appreciate it.  Allen: Thank you thank you so much and we'll talk to you soon JOIN OUR FREE PRIVATE FACEBOOK GROUP: https://optiongenius.com/alliance  Like our show? Please leave us a review here - even one sentence helps. Thank you!

In this recap, Ria cusses out the producers for exploiting Gabby and Rachel's insecurities, all while talking through the ups and downs of episode three. Tune in to tumble even further down the rabbit hole of captivating and cringe worthy moments from the Bachelor franchise.Thank you for listening! The best way you can support this podcast, is by leaving a kind review on Apple Podcasts, Spotify, or whichever streaming platform you use.Leaving reviews is the #1 you can help a small podcast grow.Follow the podcast Instagram page @BachRabbitHolePod to learn when new episodes drop and comment with the community!If you just can't get enough of Bachelor Nation news and updates, head over to @BachelorRabbitHole on Instagram, where I'm serving up bach content 24/7.#BachelorNation 

GC: 098: TNG at the HelmRia is joined by special guest Captain Mike Richards to discuss the state of the helm in TNG. Is it a path to the captain's chair, or a ticket out of Starfleet? And what does it really take to be a successful pilot?Join our listeners group The BQN Collective on Facebook.Follow the network on Instagram @BQNPodcasts Find us on Twitter:The Network: @BQNPodcastsThe Show: @GalaxyClassPodAmy: @MissAmyNelsonJoe: @joeyjoe77ukKevin: @TrueNorthNerdsBQN Podcasts are brought to you by listeners like you. Special thanks to these patrons on Patreon whose generous contributions help produce the podcast! Tim CooperAnonymousMahendran RadhakrishnanPeter HongTom Van ScotterVera BibleJim McMahonJustin OserGreg MolumbyThad HaitChrissie De Clerck-SzilagyiJoe MignoneCarl Wonders You can become a part of the Hive Mind Collective here: https://www.Patreon.com/BQN We'd love to add your uniqueness to our own!

Louis Diamond is the President of Diamond Consultants, a financial advisor recruiting firm based out of Morristown, NJ. He joins the show today to discuss the recruiting landscape from a mergers and acquisitions perspective, including how the various channels are vying for established financial advisors in a highly competitive market. If you think your firm might be acquired, this is an episode you definitely won't want to miss! Listen in as Louis shares the top reasons that financial planners seek to make a move to a different firm or channel, how to appropriately evaluate new opportunities, and how to ensure as smooth a transition as possible in the process. We also discuss what sets the most successful planners apart from the rest, what new planners should do if their firm owner sells or merges with another firm, what to expect from the economics of one RIA acquiring another RIA, and more. You can find show notes and more information by clicking here: https://bit.ly/3v3P6i6

NEW SUMMER CITO MERCH > http://bit.ly/citomerch. Fran surprises Ria with her birthday presents (00:00-12:09). Bachelorette week 3 recap with the Luggage Guy (13:21-49:28). Interview with Corbin Bleu – talking High School Musical: The Musical: The Series, growing up on HSM, possible reunion + more! (50:49-1:18:08). Subscribe to our YouTube > http://bit.ly/CITOYOUTUBE. Follow us on Instagram @chicksintheoffice and on Twitter @chicksintheoff + subscribe to our Snapchat show > http://bit.ly/thegroupchat.

Scott is joined by Ria to discuss and compare The Thing from another world and The Thing. Which is the true classic. If you like what we are doing check out our Patreon www.patreon.com/20cgmedia

Amy Irvine is the owner of Rooted Planning Group, an independent RIA based out of New York that oversees $67 million in assets under management for 175 households. Impressively, Amy has successfully managed the complexities of starting her own RIA focused on Gen X women despite seeing a very rapid expansion from 30 clients to over 100 clients in under 18 months. Listen in as she shares what made her realize that there was an untapped opportunity to provide financial planning services to career-driven Gen X women, as well as how she gained a generous amount of referrals. We also discuss how Amy managed the rapid growth of her firm, including why she chose to stop taking on any new clients for 3 months and instead hired a coach to prioritize the mental health of her staff over the economic growth of her firm. For show notes and more visit: https://www.kitces.com/291

Cecil Staton is the President and Wealth Advisor with Arch Financial Planning. He joins the show today to chat about his journey in the financial planning industry, including how he got started and why ultimately decided to start his own firm. Listen in as Cecil shares why the fee-only RIA model was the best fit for him, as well as how he was able to leverage his network to find an opportunity that best aligned with his career goals. You'll learn the catalyst that led to him establishing his own firm, how he attracts clients, and tips for new planners who are just starting out. You can find show notes and more information by clicking here: https://bit.ly/3yT2ic8

Ria spills the tea on Gabby and Rachel's men, including shocking rumors about the finale. Sources linked below. Please remember, none of these rumors are substantiated unless otherwise noted. We follow the golden rule here at Bachelor Rabbit Hole and that's "Never DM someone hate." Period. Thank you for listening! The best way you can support this podcast is by leaving a kind review on Apple Podcasts, Spotify, or whichever streaming platform you use.Leaving reviews is the #1 way you can help a small podcast grow. It's free, quick, and easy! If you just can't get enough of Bachelor Nation news and updates, head over to @BachelorRabbitHole on Instagram, where I'm serving up bach content 24/7. SOURCESTino's award: https://signalscv.com/2019/11/turning-misfortune-into-generosity/ Tino's social media activity: https://www.reddit.com/r/thebachelor/comments/vfxmc8/sm_activity_of_potential_finalist_red_flag_or_not/ Jason's spoiler: https://www.reddit.com/r/thebachelor/comments/vwg55i/comment/ifr3v1z/?utm_source=share&utm_medium=web2x&context=3 Nate's tea: https://www.tiktok.com/@kelseyfank/video/7122215204007513390 Erich's tea: https://www.instagram.com/reel/CgIHqplgzsB/?utm_source=ig_web_copy_link Logan's tea:https://www.tiktok.com/@kayceep9/video/7120192455772785963?is_copy_url=1&is_from_webapp=v1 https://www.tiktok.com/@kaitlyn.did/video/7119692526914669866?is_copy_url=1&is_from_webapp=v1&lang=en Please DM me @BachRabbitHolePod if I missed anything! #BachelorNation #Bachelorette

Ria takes on the recap solo and doesn't waste time diving right into all the cringey and juicy moments in Gabby and Rachel's second episode. We've got a speedo pageant, a zero gravity date gone wrong, a cocktail party from hell, and the rise of America's newest sweethearts Jordan V and Nate. Tune in to tumble even further down the rabbit hole of captivating and cringe worthy moments from the Bachelor franchise.Thank you for listening! The best way you can support this podcast, is by leaving a kind review on Apple Podcasts, Spotify, or whichever streaming platform you use.Leaving reviews is the #1 you can help a small podcast grow.Did you know we have a voicemail line? You can call us anytime and leave a message with your thoughts on the latest headlines in Bachelor Nation or reactions to the newest episode.You can call us at 971-533-7736 or send us a message on our podcast Instagram page @BachRabbitHolePod.If you just can't get enough of Bachelor Nation news and updates, head over to @BachelorRabbitHole on Instagram, where I'm serving up bach content 24/7.#BachelorNation 

What do baseball cards, consistent tracking of net worth, and the question, “Am I doing OK?” have to do with the evolution of Elements?  On this episode of Elementality, Reese talks to the clients of his RIA, Dentist Advisors, about the ideas that became Elements. It's a unique look at the origins of the innovative system that's changing financial planning. 

Changes in technology, demographics, and the economy are having an impact on how people invest their money. New opportunities are emerging for those willing to take risks.  In this episode, Rusty talks with Chip Roame, Founder & Managing Partner of Tiburon Strategic Advisors and the Tiburon CEO Summits. He is responsible for all of Tiburon's advisory, research, service, and marketing activities, keeping him on the leading edge of strategic initiatives in the industry's fastest-growing businesses.  Chip shares with Rusty the five key things everyone in financial services should consider regarding the industry, gives advice to aspiring financial advisors, and provides insight into future-proofing financial service practices.  Key Takeaways [03:49] - Chip Roame's professional background. [05:39] - Tiburon Strategic Advisor's role in wealth and investment management. [07:18] - The fun of Tiburon Strategic Advisors. [10:38] - The current and future states of wealth and investment management. [14:00] - Chip's investment equation solution. [16:38] - Chip's thoughts on direct indexing and ETFs. [17:55] - Chip's perspective on the new tax alpha. [19:46] - A piece of advice Chip has for aspiring financial advisors. [21:12] - Two channels that are gaining traction with financial consumers. [23:00] - The impact of COVID on financial services. [25:05] - Chip's outlook on mergers and acquisitions. [27:07] - How registered investment and financial advisors can future-proof their practices. [29:57] - How Chip's investment strategy looks. [31:01] - The qualities of a good financial advisor. [31:55] - How Chip manages his time effectively. Quotes [11:34] - "The Gen X generation is your big opportunity in the next decade. Gen X will save and invest more money than millennials and baby boomers added together in the next 10 years." - Chip Roame [13:38] - "Women trade less and buy more cost-competitive products. So, two reasons they do better are they buy cheaper stuff and don't turn it over and create taxes. So, if you compare women and men, that's why they beat men." - Chip Roame [20:59] - "If I were a young person wanting to join the wealth industry, I would certainly look to join an RIA registered investment advisor who's charging fees, acting as a fiduciary, and doing a lot of planning." - Chip Roame [35:17] - "The wealth management industry is a great profession. On both ends of the spectrum, I think you can build a huge business in wealth management right now, whether through organic growth or inorganic acquisitions." - Chip Roame   Links  Chip Roame on LinkedIn Tiburon Strategic Advisors Live Like You Were Dying by Tim McGraw Love Your Love The Most by Eric Church University of Michigan McKinsey Charles Schwab Skip Schweiss Sierra Investment Management Tiburon CEO Summits Tiburon Impact Adventures Morningstar Fidelity Investments Vanguard Mariner Wealth Advisors Mercer Allworth Financial Edelman Financial Engines Envestnet Investcloud Vestmark Addepar Connect with our hosts Rusty Vanneman Robyn Murray Subscribe and stay in touch Apple Podcasts Spotify Google Podcasts 1171-OPS-7/6/2022

Download the “65 Investment Terms You MUST Know to Reach Your Financial Goals In The Shortest Time Possible” for FREE by going to https://TodaysMarketExplained.com/ Robert Barone founded Universal value Advisors (UVA) in 2005. He is currently the firm's economist as well as a wealth and portfolio manager. Mr. Barone holds a Ph.D. in economics (Georgetown University) and is nationally known for his blogs, many of which are posted on TheStreet.com, at the Minyanville blog site, or at Forbes. He is often quoted in the financial press, and writes a column every other week for Reno's local newspaper, the Reno Gazette-Journal. In his career, he has been a Professor of Finance (University of Nevada), a community bank CEO (Comstock Bancorp), a Director of the Federal Home Loan Bank of San Francisco where he served as its Chair in 2004, and is currently a Director of CSAA Insurance Company (a AAA Insurance Company) where he chairs the Finance and Investment Committee. In 2007-2009 he served as Chairman of the Board for that entity. He also currently sits on the Boards of AAA Northern California, Nevada, and Utah (the AAA Auto club) and Allied Mineral Products, Columbus, OH, America's strongest refractory company. Joshua Barone is an Investment Advisor at FourStar Wealth Advisors in Reno, NV. He brings over 20 years of experience in investment management to the FourStar team. At FourStar Joshua is responsible for asset selection on over 100 million dollars of the firm's assets. Joshua is also the managing member and Chief Investment Officer of Universal Value Advisors, a Reno NV based RIA established in 2005. Universal Value Advisors is the sub-advisor to the ETF named UVA Unconstrained Immediate Term Income Fund (FFIU) which is traded on the NYSE. Prior to the establishment of Universal Value Advisors, Joshua was a co-founder of Adagio Trust Company and was a senior analyst and portfolio manager for that company during the years of 2000-2005. Joshua has also been a M&A analyst in the banking arena, analyzing potential purchases of small institutions by larger ones. He also briefly worked for Liberty Mutual and New York Life Insurance Companies. Joshua has been published in the Street, Forbes, Northern Nevada Business Weekly. Joshua has also been featured in Fast Company Magazine. Follow TME on TikTok: https://www.tiktok.com/@TodaysMarketExplained Follow TME on Instagram: https://www.instagram.com/TodaysMarketExplained Subscribe on YouTube: https://www.youtube.com/channel/UCYjCaTkX698mc6yAFaFz4tg Website: https://todaysmarketexplained.com/ DISCLAIMER: This podcast is provided by FourStar Wealth Advisors for the general public and general information purposes only. This content is not considered to be an offer to buy or sell any securities or investments. Investing involves the risk of loss and an investor should be prepared to bear potential losses. Investment should only be made after thorough review with your investment advisor considering all factors including personal goals, needs and risk tolerance. FourStar is an SEC registered investment advisor that maintains a principal business in the state of Illinois. The firm may only transact business in states in which it has filed or qualifies for a corresponding exemption from such requirements. For information about FourStar's registration status and business operations please consult the firm's form ADV disclosure documents, the most recent versions of which are available on the SEC investment advisory public disclosure website at www.adviserinfo.sec.gov

Steve Kampschmidt joins the show today to share how he got started in the financial planning industry, including what it was like trying to enter the profession in a down market. After transitioning from his job to the bank channel, Steve used that position to leverage his way into an entry-level opportunity in a wirehouse training program before ultimately building his own RIA. Tune in as he shares what he learned from his time in the corporate world that has helped him in his financial planning career, the pay cut he navigated in his first financial planning position, and how he knew that the wirehouse was not the best long-term fit for him. We also discuss how he maintained his client base when transitioning to his own RIA, how his firm is structured in terms of pricing and service models, and why he believes that starting his own firm was his only option. You can find show notes and more information by clicking here: https://bit.ly/3NEXviw

Sharp as a tack and with a scientific bent that underpins her charming demeanour, Ria Lina is experiencing a TV-takeover career breakthrough. We talk about the different preparation required for Mock The Week, Have I Got News For You and QI; why the fact that a comedy career has no end point is so addictive; and how the recent increase in diversity on the circuit gave her an insight into embracing a more distinct character.With degrees in virology, pathology and forensics, we also learn more than you might expect about bodies washing up on shores, and ask Ria to turn her scientific mind to analysis of how to save the circuit…25 mins of extra content available exclusively to the Insiders Club include some excellent advice to newer comics, and an investigation of which social media platforms suit which characters - and some brief thoughts on the implied consent of audience interaction videos going viral…Go to www.comedianscomedian.com/insiders for ad-free episodes, extra content from every show that has it, and much more - including the exclusive Insiders Q&As with Nish Kumar, Alfie Brown, James Acaster and Fern Brady, plus the incredible “self-help for comedians” special with Amanda Donnet.Catch up with Ria Lina:www.rialina.comTW/IG: @rialina_www.tiktok.com/@rialinaofficialwww.facebook.com/rialinaEverything Stu's up to:This podcast is @ComComPod on Twitterwww.comedianscomedian.comIG and Tik: @stuartgoldsmithcomedyFind out everything Stu's up to at www.stuartgoldsmith.comStu offers remote and in-person talks to business, distilling insights from over 400 comics on cultivating resilience and the ability to bounce back, to all levels from C-suite to team members.“There's perfect and there's perfect; and that was perfect.” David Cooper, Chief People Officer Circle Health Group See acast.com/privacy for privacy and opt-out information.

Galaxy Class A Star Trek the Next Generation Podcast Episode 095 Bat'Leth Battle XXV:11001001 vs Unnatural Selection Kevin, Joe and Ria debate the pros and cons of the Binars and Katherine Pulaski in this knock down, drag ‘em out fight for the ages! Join our listeners group The BQN Collective on Facebook. Follow the network on Instagram @BQNPodcasts Find us on Twitter: The Network: @BQNPodcasts The Show: @GalaxyClassPod Amy: @MissAmyNelson Joe: @joeyjoe77uk Kevin: @TrueNorthNerds BQN Podcasts are brought to you by listeners like you. Special thanks to these patrons on Patreon whose generous contributions help produce the podcast! Tim Cooper Anonymous Mahendran Radhakrishnan Peter Hong Tom Van Scotter Vera Bible Jim McMahon Justin Oser Greg Molumby Thad Hait Chrissie De Clerck-Szilagyi Joe Mignone Carl Wonders You can become a part of the Hive Mind Collective here: https://www.Patreon.com/BQN We'd love to add your uniqueness to our own!

That's where this episode of Advisor Talk bridges the gap. Listen as Elite Consulting Partners CEO Frank LaRosa and President Dale Dempsey breakdown the strategic action steps a RIA or broker-dealer need to take in order to attract and retain the right advisory talent to build a successful enterprise. Topics covered include:*the importance of preparing a business plan when establishing your RIA or broker-dealer and using it is as your playbook when evaluating opportunities for growth.*the pitfalls of the 'what's in it for me' mindset of broker-dealer and RIA owners, how this inhibits attracting talent, and the importance of pivoting to a 'what's in it for them' mentality.*how telling your firm story and creating solid branding that illustrates who you are and the firm's purpose can be game-changing when recruiting talent.*understanding your competitive separators and leveraging this intelligence to effectively convey your value proposition to recruiting prospects.*the imperative of investing in your business and your advisor talent in order to add value. When you were an advisor, it was all about you. Now that you own an RIA or broker-dealer, it needs to be all about your team if you want to have the right advisors join your firm. Use this episode's valuable insights to create pivotal shifts in your thinking and actions in order to level-up your entrepreneurial game and create positive ripple effects throughout your organization.

Bonus episode! Ria and Roses breakdown kneegayte, chaingayte, and a new yet ongoing feud between some of the messiest people in Bachelor Nation. At the end of the episode we play voicemails from our listeners giving hot takes and reactions to Gabby and Rachel's premiere. Stay tuned for the next episode where we'll give you the most detailed recap out there, talking you through 32 limo entrances, 2 first impression roses, and the first night eliminations.Thanks to everyone who left us a voicemail with reactions to Gabby and Rachel's premiere. We love hearing your hot takes! If you'd like to leave us a voicemail for the next episode, you can call us at 971-533-7736. We appreciate you for listening! The best way you can support this podcast, is by leaving a kind review on Apple Podcasts, Spotify, or whichever streaming platform you use.  Leaving reviews is the #1 you can help a small podcast grow. The easiest way to get in contact with me about the podcast is to email bachrabbithole@gmail.comIf you just can't get enough of Bachelor Nation news and updates, head over to the Bachelor Rabbit Hole instagram, where I'm serving up bach content 24/7.

AMDG.  The flexibility of homeschooling offers families the opportunity for enrichment and adventure outside the house.  Traveling during the traditional school year is one way to capitalize on this flexibility.  Kolbe moms Nicole Shaffer—author of the blog Army Wife, Homeschool Travel Life—and Vanessa Delgado discuss learning on the road with Bonnie and Steven today, from rolling with the unexpected to exploring your own back yard.  They also touch on combining grade levels of subjects to teach “family-style,” the logistics of participating in Kolbe online while traveling, and how to embrace opportunities that may be disruptive to schedules. Follow Nikki's family's adventures and get her travel tips here. Related Kolbecast episodes: 36 Embrace the Fifth Day and 37 Take a Moment with Therese Prudlo 31 Veteran Homeschoolers with Jon & Chris Bates 35 An Atmosphere of Opportunity with Kolbe mom Carola in Spain 104 World Tour of Homeschooling with Kolbe moms Ria in the Philippines and Amy in Nigeria 40 Windshield Time with Dr. Don Prudlo 92 Protect, Guide, Prepare, Empower with Kolbe parents Nicolai & Cathy Lund Subscribe to the Kolbecast in your favorite podcast app and never miss an episode. If you have a moment to leave a ratings and review, that will help the Kolbecast reach more listeners. Have a suggestion or question for the Kolbecast team? Write to us at podcast@kolbe.org. Interested in Kolbe Academy's offerings? Visit kolbe.org.

We're excited to welcome XYPN member Chad Holmes, founder of Formula Wealth, on the show today. Chad always knew he would be an entrepreneur and discovered financial planning in high school when his grandparents invited him to sit in on a meeting with their financial advisor. He started his career in public accounting as an auditor, thinking it would help prepare him to be an advisor because accounting and finance were basically the same things, right? Not really, and Chad is glad to be on a different path now. Before ending up at an RIA actually doing financial planning, an unexpected pregnancy, and his wife getting a fellowship across the country led him to decide to launch his own firm. This was in 2020, in the middle of COVID, in a new state. Chad shared how they made it work as a family for him to be able to pursue his dream of entrepreneurship while also supporting his wife's career. Now he works part-time and has taken on the household responsibilities, and is building a great firm focused on helping clients that our industry has historically underserved. You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/339

durée : 00:54:50 - LSD, la série documentaire - par : Perrine Kervran - Attirée par le bord de mer, Aline Pénitot parcourt la Ria d'Étel, un bras de mer dans les terres du Morbihan, l'enregistre et l'écoute.

Kamila Elliott is the CEO and Founder of Collective Wealth Partners, an independent RIA based out of Atlanta that oversees nearly $25-million in assets under management for 175 client households. Kamila and her partners built a firm comprised entirely of Black CFP professionals that are dedicated to supporting the creation of wealth for BIPOC and underserved communities through a model that charges them for advice only, even if they don't yet have assets. Listen in as Kamila shares why she intentionally shifted her career focus to build an independent practice, how working with ultra-high-net-worth clients in her previous role gave her the skills and insight to help her firm's clients grow and retain wealth, and how she explains the value of a financial advisor to clients who have never had an advisor before. We also discuss how Collective Wealth Partners is structured, including why they chose to serve clients collectively with a team approach, and why they chose to create a firm with equal partnership in every aspect. For show notes and more visit: https://www.kitces.com/289

Indian Barbie DollNo more "token" Muslim MP in BJP partyTwitter taking India to courtKush hosts Ria and Kunal w/ a triva game... all this and much more on this week's episode!Follow us @mildmanneredtimid | @kalysay | @kushparm | @rianjalimusicEmail us @ mmtyabish@gmail.com

Welcome to this special episode of Femme on Film focusing on sex in the movies. Hearts and Vaginas will be an ongoing discussion about sex in popular culture, exploring the male/female gaze and depictions of sex in the media we consume – the good, bad and the average. This episode, join Ria, Alyson and Tonya as they get together to discuss six unique sex scenes from films and why they have chosen them. The films they discuss are: Call Me By Your Name Dirty Dancing Gone Girl Always Be My Maybe Unfaithful Crimson Peak Follow Alyson: Website: https://www.alysonshelton.com/ Alyson's comic, Reburn: https://www.reburncomic.com/ Instagram: https://www.instagram.com/byalysonshelton/ Follow Tonya: Twitter: @mstonyatodd Website: http://www.mstonyatodd.com/ Follow Femme on Film on Twitter @FemmeOnFilmPod and Ria @riacarrogan and get in touch if there's a film you would like to talk about! Femme on Film is a place to talk about films made for women, about women, by women… just awesome lady folk (and those who identify as awesome lady folk) content that has often been unfairly maligned, misunderstood by critics, and are often way ahead of their time and need a revisit. Ria and a guest discuss all of this and much more! A huge thank you to the Comics in Motion network who has given space to create this podcast. If you would like to come and chat about a film for Femme on Film, drop a message via Twitter. Intro and outro music: Say You Will by Shane Ivers - https://www.silvermansound.com --- Send in a voice message: https://anchor.fm/comics-in-motion-podcast/message Support this podcast: https://anchor.fm/comics-in-motion-podcast/support

IT'S THE 100TH EPISODE OF MIKE'S STAR WARS SHOW, SO HE & BEN (OF STAR WARS TIMELINE) ANSWER YOUR QUESTIONS! Over the last few weeks, listeners of Star Wars: Comics In Canon have submitted their questions for Mike & Ben to answer; these questions range from favourite characters to theories to their wants of the future to downright silliness! Tune in for a wide range of topics all within the Star Wars universe, perfect for fans of any calibre! Find Ben at Star Wars Timeline: https://youtube.com/starwarstimeline - Facebook: https://facebook.com/groups/starwarstimeline - Twitter: https://twitter.com/SWT_Channel Mike, Megan, Ria & JAC's Star Wars Vision S1 Discussion: https://pod.fo/e/100f26 & https://youtu.be/WinPBda605o Mike's appearance on Era Of Geek: https://spoti.fi/3nLumHS& https://youtu.be/r1o53g69Gi0 Ben's appearance on Era Of Geek: https://spoti.fi/3nOrMRj The Ralph McQuarrie Concept Art: https://static.wikia.nocookie.net/starwarsrebels/images/f/f8/Ralph_mcquarrie_concept_art_heroes.jpg/revision/latest?cb=20140821023921 Mike has guested on Ben's show Star Wars Timeline numerous times, check out this YouTube playlist to see all the times these two have collaborated: https://youtube.com/playlist?list=PLcO1Ib_BGD8YrSCDRvJqyPJQ6X1f_StxT - please also subscribe to Mike's YouTube channel while you're at it, so you can watch video versions of his conversations, playlists filled with episode of GCC & SWCIC and more: https://youtube.com/channel/UClQvgois9knDkFvjqcpoQtw A huge thank you to everyone who submitted questions: @Dan_bores (Spider-Dan & The Secret Bores), Tony Farina (https://arfarina.com), @BlakeByles, @MsTonyaTodd, @MaxyByrne (Mandatory Marvel&DC/Music&CD), @IAmJACsMusings (Back To Filmography, Seasons Greeting & Pop Guerrillas), @PaulDaMac (Era of Geek), @Andy_Review, @RealBrettScott (Marvel Plus), @Testmonkey6k (Brian Ivanhoe), @TCRochesterACT (Thomas Carter Rochester), @RecklessRebels (Reckless Rebellion) In last week's episode of SWCIC, Mike released a spoiler-free book review of Justina Ireland's High Republic novel; Mission To Disaster! He gives his spoiler-free thoughts, then provides some minor plot details and confirms the book's themes, then nearer the end he provides a brief description of the whole plot, confirming characters who appear and more spoiler-y details! To listen to one of Mike's Patreon episodes for free, check out the first in Mike & Megan's Tom Hanks rewatch here: https://bit.ly/TomHanks1 To hear Mike's exclusive canon book reviews on Last Shot, Dark Disciple & A New Dawn, plus the Legends books Shatterpoint, Darth Bane & Darth Plagueis as well as the movie & TV “Afterthoughts” episodes, support the show at http://patreon.com/genuinechitchat Outro read by BZ The Voice: http://www.bzthevoice.com Intro theme arranged by Mike Burton, backing music by Eric Matyas at www.soundimage.org --- Send in a voice message: https://anchor.fm/comics-in-motion-podcast/message Support this podcast: https://anchor.fm/comics-in-motion-podcast/support

This week we discuss Fedex going all-in on cloud, app modernization at the IRS and how to take unlimited PTO. Plus, some thoughts on rental property and telling time. Runner-up Titles Spreadsheets in your mind More ETF less Van Gogh The baby likes ducks The sticky stuff was not working I've read books Modernization takes 30 to 40 years No time is good Can I go to the beach Take a vacation The Kitchen Table Board Rundown A scheduling glitch temporarily canceled thousands of American Airlines flights (https://www.npr.org/2022/07/02/1109592782/american-airlines-flights-canceled-glitch) Amazon, Microsoft, Google Strengthen Grip on Cloud (https://www.wsj.com/articles/amazon-microsoft-google-strengthen-grip-on-cloud-11657018980?st=tgisntn6fwhaeii) Cloud infrastructure spend to top non-cloud in 2022 (https://www.theregister.com/2022/07/04/idc_cloud_spend_predictions/) Brian has thoughts see Slack Thread (https://softwaredefinedtalk.slack.com/archives/C6CDLDCVB/p1657112482499439?thread_ts=1657110807.269759&cid=C6CDLDCVB) FedEx to close all datacenters by 2024 (https://www.theregister.com/2022/07/05/fedex_to_close_all_datacenters/) Mark Zuckerberg: We're ‘turning up the heat' at Meta so employees will quit (https://nypost.com/2022/07/01/mark-zuckerberg-meta-wants-to-oust-workers-who-shouldnt-be-here/) Relevant to your Interests AWS adds bare metal support to EKS Anywhere (https://www.theregister.com/2022/07/01/aws_eks_anywhere_bare_metal/) Bessemer is now an RIA (https://twitter.com/KateClarkTweets/status/1542973289609322496) Exclusive: Meta slashes hiring plans, girds for 'fierce' headwinds (https://www.reuters.com/technology/exclusive-meta-girds-fierce-headwinds-slower-growth-second-half-memo-2022-06-30/) Azure said to be having capacity issues, supply chain blamed (https://www.theregister.com/2022/07/04/azure_capacity_issues/) Need A Linux Kernel Module? Scratch That (https://hackaday.com/2022/07/04/need-a-linux-kernel-module-scratch-that/) Leaked Videos Show Disney Is the Biggest Ad Tech Giant You've Never Heard Of (https://www.vice.com/en/article/qjkp57/leaked-videos-show-disney-is-the-biggest-ad-tech-giant-youve-never-heard-of) NIST unveils four algorithms that will underpin new 'quantum-proof' cryptography standards (https://www.scmagazine.com/analysis/emerging-technology/nist-unveils-four-algorithms-that-will-underpin-new-quantum-proof-cryptography-standards) Amazon Bringing Grubhub To Prime Users After Buying 2% Stake (https://www.forbes.com/sites/siladityaray/2022/07/06/amazon-bringing-grubhub-to-prime-users-after-buying-2-stake/?sh=52f77aa01d40) A Look Back at Q1 '22 Public Cloud Software Earnings (https://cloudedjudgement.substack.com/p/a-look-back-at-q1-22-public-cloud?utm_medium=email&%3Butm_campaign=cta&%3Baction=share&utm_source=substack) Oracle slashes minimum commitment for on-prem cloud (https://www.theregister.com/2022/06/23/oracle_on_prem_cloud/) Euro slides to 20-year low against the dollar as recession fears build (https://www.cnbc.com/2022/07/05/euro-slides-to-20-year-low-against-the-dollar-as-recession-fears-build.html) Nonsense I fucking hate Jira. (https://ifuckinghatejira.com/) This Nuclear-Powered ‘Flying Hotel' Can Stay Airborne for Years (https://www.youtube.com/watch?v=yH1n4vpJRQ8) Dave & Buster's completes its Main Event acquisition (https://restaurantbusinessonline.com/financing/dave-busters-completes-its-main-event-acquisition) Sponsors Teleport — The easiest, most secure way to access infrastructure. (https://goteleport.com/?utm_campaign=eg&utm_medium=partner&utm_source=sdt) Conferences THAT Conference Wisconsin (https://that.us/call-for-counselors/wi/2022/), July 25, 2022 Discount code: SDTFriendsWI50 for $50 off 4-Day everything ticket Discount code:: SDTFriendsWI25 for $25 off 3-Day Camper ticket DevOpsDayLA (https://www.socallinuxexpo.org/scale/19x/devops-day-la) is happening at SCALE19x (https://www.socallinuxexpo.org/scale/19x), July, 29th, 2022 Discount code: DEVOP VMware Explore 2022, August 29 – September 1, 2022 (https://www.vmware.com/explore.html?src=so_623a10693ceb7&cid=7012H000001Kb0hQAC) SpringOne Platform (https://springone.io/?utm_source=cote&utm_medium=podcast&utm_content=sdt), SF, December 6–8, 2022 THAT Conference Texas Call For Counselors (https://that.us/call-for-counselors/tx/2023/) Jan 16-19, 2023, SDT news & hype Join us in Slack (http://www.softwaredefinedtalk.com/slack). Get a SDT Sticker! Send your postal address to stickers@softwaredefinedtalk.com (mailto:stickers@softwaredefinedtalk.com) and we will send you free laptop stickers! Follow us on Twitch (https://www.twitch.tv/sdtpodcast), Twitter (https://twitter.com/softwaredeftalk), Instagram (https://www.instagram.com/softwaredefinedtalk/), LinkedIn (https://www.linkedin.com/company/software-defined-talk/) and YouTube (https://www.youtube.com/channel/UCi3OJPV6h9tp-hbsGBLGsDQ/featured). Use the code SDT to get $20 off Coté's book, (https://leanpub.com/digitalwtf/c/sdt) Digital WTF (https://leanpub.com/digitalwtf/c/sdt), so $5 total. Become a sponsor of Software Defined Talk (https://www.softwaredefinedtalk.com/ads)! Recommendations Brandon: Shining Girls (https://www.rottentomatoes.com/tv/shining_girls) Coté: renting bikes at Het Zwarte Fietsenplan (https://www.hetzwartefietsenplan.com). Photo Credits Banner (https://unsplash.com/photos/6ZXbiz1Urrs) CoverArt (https://unsplash.com/photos/1gMmmVdcIl8)

Kevin, Joe and Ria debate the pros and cons of the Binars and Katherine Pulaski in this knock down, drag ‘em out fight for the ages!Join our listeners group The BQN Collective on Facebook.Follow the network on Instagram @BQNPodcasts Find us on Twitter:The Network: @BQNPodcastsThe Show: @GalaxyClassPodAmy: @MissAmyNelsonJoe: @joeyjoe77ukKevin: @TrueNorthNerdsBQN Podcasts are brought to you by listeners like you. Special thanks to these patrons on Patreon whose generous contributions help produce the podcast! Tim CooperAnonymousMahendran RadhakrishnanPeter HongTom Van ScotterVera BibleJim McMahonJustin OserGreg MolumbyThad HaitChrissie De Clerck-SzilagyiJoe MignoneCarl Wonders You can become a part of the Hive Mind Collective here: https://www.Patreon.com/BQN We'd love to add your uniqueness to our own!

To express my love for one feminist icon I need another two to back me up! The terrific tag-team of #TonyaTodd & #RiaCarrogan are here to honour and celebrate the work of #PamGrier in the #Blaxploitation genre. As we compare #JackHill's #Coffy & #FoxyBrown in the latest #CloneBores!! Join us as we discuss racist history, sponge baths and we learn just how bloodthirsty Tonya truly is… #PrepareForPrattle Check out all of the great things Tonya has been doing over at http://www.mstonyatodd.com Follow Ria on her Instagram & Twitter to keep up to date with how tired she is... And also look up Ria's Brother and my biggest fan's newest podcast https://twitter.com/BacktotheFilmog Where to find the Spider-Dan & The Secret Bores Podcast… Follow this link to find to your preferred podcast catcher of choice https://podfollow.com/spider-dan-and-the-secret-bores Facebook: https://www.facebook.com/secretbores Twitter: https://twitter.com/dan_bores?lang=en Instagram: https://www.instagram.com/spiderdansecretbores/?hl=en Discord: https://discord.com/invite/CeVrdqdpjk Like, share, comment, subscribe etc. and don't forget to use the #PrepareForPrattle when you interact with us. I'd like to thank my patrons on #Patreon for their continuing donations it is very much appreciated and helps PrattleWorld keep turning and if you ever find yourself in a position to help the podcast please consider it. https://www.patreon.com/spiderdanandthesecretbores If you would like to make a one off donation head over to https://ko-fi.com/spiderdanandthesecretbores If you want to #JoinThePrattalion and to be briefed in full on the #SecretBores head over to #PrattleWorld https://www.spiderdanandthesecretbores.com/

Patrick Kilbane is a Partner and Director of the Divorce Advisory Group for Ullmann Wealth Partners, an independent RIA based in Jacksonville Beach, Florida that oversees $800 million in assets under management for 350 client households. After stepping away from a successful career as a family law attorney, Patrick transitioned into becoming a financial advisor who specializes in divorce with a unique value-add of being able to work collaboratively with his former legal colleagues. In this episode, we talk in-depth about this transition, including how he leverages the professionalism, trust, and connections he built as a lawyer.  Listen in as Patrick shares how he utilizes his knowledge of the law to offer specialized assistance to divorcing clients so they can better prepare for meetings with their lawyers during divorce proceedings. You will learn when he realized his interest in personal finance, the ways passive income can impact one's life, and more.  For show notes and more visit: https://www.kitces.com/288 

WATCH OUR SEATTLE VLOG IF YOU LOVE US > https://www.youtube.com/watch?v=ZzDKBstmoMk. Dana Beers joins us to give a behind the scenes look at the CITO gang, after editing the last few West Coast vlogs (1:45-17:38). Ria's full Elvis movie review (19:26-36:22). Interview with Chloe Veitch – talking The Circle, Too Hot to Handle + her new podcast Bangin' with Chloe Veitch (37:51-1:00:57). NEW SUMMER CITO MERCH > http://bit.ly/citomerch. Subscribe to our YouTube > http://bit.ly/CITOYOUTUBE. Follow us on Instagram @chicksintheoffice and on Twitter @chicksintheoff + subscribe to our Snapchat show > http://bit.ly/thegroupchat.

Brittany Anderson, President of Sweet Financial, shares why her team decided to break away from Raymond James to launch their own RIA and foster their own unique client experience, which includes a dream wall and freshly baked cookies daily. She also discusses their three target niches, accomplishments, and future goals. 

EPIC CROSSOVER TIME! Ria and Tonya have two fabulous guests in this week's podcast! We chat to Brett Scott of Marvel+ fame and 20th Century Geek himself, Scott Weatherly, about Seeing Red, episode four of Ms Marvel. Come listen and have a cosmic time. Follow Brett: Twitter: @RealBrettScott Follow Scott: Twitter: @20thCenturyGeek Follow Tonya: Twitter: @mstonyatodd Website: http://www.mstonyatodd.com/ Follow Ria: Twitter @FemmeOnFilmPod Ria @riacarrogan --- Send in a voice message: https://anchor.fm/comics-in-motion-podcast/message Support this podcast: https://anchor.fm/comics-in-motion-podcast/support

Jennifer Murray is the owner and founder of Stonebridge Financial Advisors, an independent RIA based out of New Jersey that oversees $100 million of assets under management for 50 families. After experiencing the personal tragedy of losing her husband to cancer, Jennifer built a practice that specializes in recent widows, intentionally working with a limited number of clients to provide a more intimate service.  Listen in as she shares how losing her husband prompted her to focus on providing financial advice for newly-single women, as well as how she used referrals, seminars, bereavement groups, and local hospital foundations to gain clients in the early years. You'll learn what gave Jennifer the confidence to launch her own RIA, how she handles prospects that she doesn't have the capacity to serve, and why she sees fulfillment as a financial advisor as being a combination of serving clients well and being valued by them (and paid accordingly). For show notes and more visit: https://www.kitces.com/287

Tune in to hear:- When we narrow down the financial advisors to those who we would trust to manage our spouse's or parent's finances, Steve thinks that we do so largely on behavioral factors alone. Which behavioral considerations make someone a trusted advisor?- From the outside looking in (i.e. if you don't personally know an advisor beforehand), how can one make a determination about whether an advisor is going to be one of the handful of advisors that another advisor might entrust with their family's finances?- Where does Steve think we are headed as an industry? How might we communicate the broader value we can offer to the investing public when they still largely think of us as “stock pickers?”- What has Steve seen that really knits clients and advisors together?- What is one thing, from a productivity standpoint, that Steve sees advisors failing to do or a place where they're leaving value on the table?- What's an example of a common high effort, low impact advisor behavior?- How can we begin to combat inflation at a time like this?https://podcasts.apple.com/us/podcast/the-admired-advisor-podcast/id1519857134https://books.google.com/books/about/27_Principles_Every_Investor_Should_Know.html?id=C6yGxgEACAAJCompliance Code:  0994-OAS-6/8/2022

Matt Cosgriff is the Director of Wealth Management for BerganKDV, an independent RIA based out of Minnesota that oversees more than $2 billion in assets for 1,000 households. Matt has a unique career path, having leveraged the launch of a specialized division within BerganKDV and creating a path toward leadership of the entire RIA. Listen in as we talk about how he got the opportunity to operate as an intrapreneur within the firm and developed a separate brand that catered to next-generation clients, as well as how his role as an intrapreneur also led to him having to ‘side hustle' in a new retirement plan practice to justify his salary. You'll learn how he shifted from a career focus to a leadership path, the challenges he faced when he became the Director of Wealth Management at the age of 29, and the keys to a successful career in the financial planning industry. For show notes and more visit: https://www.kitces.com/286

In this episode, host Ria sits down with the co-founders of Starkware, Eli Ben-Sasson and Uri Kolodny to discuss how the team is leveraging STARKs, or validity proofs, to unlock a magnitude increase in scalability. We discuss: The differences between Starkex and Starknet and how the two will converge Enabling functions and applications that cannot be built on monolithic layer 1s Why data availability is important to zk rollups and the trade offs of different approaches Simultaneously solving for computational integrity and inclusive accountability To learn more about Starkware, visit their website.   Intro and outro used with permission: Collage #346 by Daniel Allan

Ria Safford, the go-to celebrity professional organizer and CEO of luxury home organization business, RiOrganize, is on this week giving us all of her tips.  Liz is not the most organzied person and picks Ria's brain on the basics of being organzied. Ria tells us where to start and how to stay organized! Follow Ria: https://www.instagram.com/riorganize/?hl=en Connect with Elizabeth: https://www.miraculousmamas.com/ IG: https://www.instagram.com/miraculousmamas/     Get $10 off an order of $50 or more https://milkbarstore.com/mamas   30% off your entire order at https://mykitsch.com/mamas