Podcasts about savant wealth management

In this episode of the Dakota Fundraising News Podcast, Pat and Konch discuss notable job changes, including James Jesse's departure from Iconiq Capital, Kevin Kerr's appointment as Executive Managing Director at OTPP, and Armando Ureña's new role on Snowden Lane Partners' operating committee. In RIA/FA M&A news, Savant Wealth Management acquires Sortino Advisory Partners, MAG Wealth Management merges with Ovation Wealth under the Carson Wealth umbrella, and LPL adds Ohio-based Strata Financial Group with $350M in assets. Institutional updates feature Ventura County Employees' Retirement Association launching a direct co-investment program and Sacramento County Employees' Retirement System committing $950M across multiple asset classes for 2025. Notable investments include Minnesota State Board of Investments committing to KKR North America Fund XIV and EQT Infrastructure VI, and BNP Paribas raising $130M for its sustainable forestry fund. Tune in for the latest insights in institutional and wealth management trends!

Download Chris's FREE E-Book on “How To Find Ultra High Net Worth Clients" from https://UHNWC.com/ Brent Brodeski (http://www.savantwealth.com/), founder of Savant Wealth Management, discusses his journey of building a comprehensive financial planning firm. Brent shares insights into the company's growth from being a two-person company to one with 500 employees, managing $20 billion in assets for over 13,000 clients. The strategy behind this success is their focus on delivering holistic financial advice while looking beyond just investments and prioritizing the client's future goals. In this episode, Chris and Brent discuss: 1. The Importance of Investments in Building Ideal Futures 2. The Importance of Hiring A-Players in a Growing Business 3. Identifying the Flag Carriers and Swamp Monsters in Your Team 4. The Impact of Employee Retention in Acquisitions 5. The Significance of Employee Ownership in a Business 6. The Future of The Industry Brent's Links: LinkedIn: https://www.linkedin.com/in/brent-brodeski-b760651/ Website: https://www.savantwealth.com/ Twitter: https://twitter.com/BBrodeski Maximize your marketing, close more clients, and amplify your AUM by following us on: Instagram: ⁠⁠⁠https://instagram.com/ultrahighnetworthclients ⁠⁠⁠ TikTok: ⁠⁠⁠https://tiktok.com/ultrahighnetworthclients ⁠⁠⁠ YouTube:⁠⁠⁠ https://www.youtube.com/@uhnwc⁠⁠⁠ Facebook: ⁠⁠⁠https://www.facebook.com/UHNWCPodcast⁠⁠⁠ Twitter: ⁠⁠⁠https://twitter.com/uhnwcpodcast⁠⁠⁠ iTunes: ⁠⁠⁠https://podcasts.apple.com/au/podcast/ultra-high-net-worth-clients-with-chris-brodhead/id1569041400⁠⁠⁠ Spotify: ⁠⁠⁠https://open.spotify.com/show/4Guqegm2CVqkcEfMSLPEDr⁠⁠⁠ Website: ⁠⁠⁠https://uhnwc.com ⁠⁠⁠ Work with us: ⁠⁠⁠https://famousfounder.com/fa ⁠⁠ DISCLAIMER: This content is provided by Chris Brodhead 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.

Mark is joined by Wayne Titus,  Advisor & Managing Director of Savant Wealth ManagementWayne has been involved in the financial services industry since 1991. He served as the founding partner of AMDG Financial and AMDG Tax & Accounting from 2002 until it joined with Savant in 2021. Since Savant partnered with Lumiant, Wayne has been leading the embedment and coaching of the Lumiant enhanced goals conversation. In this episode Mark & Wayne discuss: Aligning advisory processes with tools and depth of discovery.The interpretive approach in advising.Focusing on delivering an ideal future for clients.Distinguishing between efficiency and effectiveness in client relationships.Client and advisor responsibilities, emphasizing long-term, knowledge-based relationships.To learn more about how Lumiant can help you engage clients with values based advice visit www.lumiant.io

#213  Today's episode is a masterclass on how to envision and plan for your post-corporate life.Kathy is joined today by Justin Smith, certified financial planner with Savant Wealth Management.  Justin's area of expertise is helping executives and successful professionals in their 50s and 60s plan for their next chapter, which can include staying professionally active, retiring or a hybrid of the two.Here's what we cover:How traditional retirement has shifted in the last decade and its impact;An overview of financial and non-financial elements to consider;Why semi-retirement is a viable option;How to deal with the post-corporate identity shift; andHow to begin to envision your future as you plan your next chapter. Links:Justin's website:  Savant Wealth profileJustin's workbook:  Career Crossroads WorkbookJustin's webinar:  Navigating Your Career CrossroadsJustin's LinkedIn:  Justin D. SmithJustin's email:  jsmith@savantwealth.comThe Athena Wellness Academy:  https://athenawellnessacademy.teachable.com If you'd like to join our circle and never miss a weekly episode, please hit subscribe.  While you're there, you can rate the podcast by highlighting the stars that match your experience.  Much appreciated!For episode materials, show notes or to submit a question for a future episode, visit: https://athenawellness.com/podcast

Recorded on location at ACP's Annual Conference held September 2022 in Minneapolis, Minnesota, this special episode is a collage of ideas from a sampling of ACP financial planners. Advisors were asked to provide their top tips, tools, and words of wisdom when it comes to running and managing an independent advisory firm. Ten members are featured here, offering thoughts on industry organizations, methodologies, visualization methods, profiles, niching, outsourcing, systemization, automation, fintech solutions and softwares, and more. To learn more about the ACP, please visit www.ACPlanners.org. ACP members featured in this episode: Sheila Padden, CPA, CFP®, RLP®, Founder of Padden Financial Planning Cordi Powell, CFP®, EA, Founder of Favored Financial Planning Bridget Sullivan Mermel, CFP®, CPA, Founder of Sullivan Mermel, Inc. John Scherer, CFP®, Founder of Trinity Financial Planning Kelly Adams, CFP®, RLP®, EA, Founder of Harbor Light Planning Rorik Larson, MBA, CFP®, EA, Founder of Essential Financial Strategies Brian Leben, CFP®, PFS, CPA, MBA, CGMA, Owner of Midwest Wealth Solutions Wendy Marsden, CFP®, CPA, Founder of ProsperiTea Planning Zach Teutsch, Founder of Values Added Financial Hannah Basil Bryant, CFP®, Financial Advisor at Savant Wealth Management

Today I'm joined by Phil Huber, Chief Investment Officer at Savant Wealth Management. Phil joins me to take the other side of the alternative investment debate and shares three big insights: 1.) What exactly defines an "alternative investment" 2.) Why traditional stock/bond portfolios will be challenged in the years ahead 3.) How alternatives can help to reduce risk and improve investment returns He also addresses common misconceptions about this complex asset class.   If you're looking to expand your investment knowledge and learn how alternatives might enhance your retirement portfolio, this episode is for you. WANT MORE RETIREMENT PLANNING TIPS? Join thousands of listeners and subscribe to the Stay Wealthy Retirement Newsletter. As a thank you, you'll receive a copy of my 2023 Tax Planning Cheatsheet.

Hear Brent Brodeski, CEO & Founder, Savant Wealth Management discuss his journey to becoming a successful entrepreneur and leader in the financial industry. Brent shares his personal experiences and how he overcame challenges, made tough decisions, and developed a strong vision for the future of his company. From his early days as a stockbroker to founding Savant Wealth Management, Brodeski shares valuable insights on building a culture of growth, selecting the right partners and staying true to core values. Learn how one of the most respected figures in the financial industry cultivated leadership skills and implemented effective strategies for managing teams and driving innovation and growth.

Retirement is a time when people have a right to enjoy their golden years with peace of mind, knowing they have secured their financial future. For many, this includes having a stable income to help meet their needs and expenses. But with inflation on the rise, how can retirees have the financial security and peace of mind they need to enjoy the later years of their lives?DPL Consultant Willie Jones talks with Robert Witt, Financial Advisor at Savant Wealth Management. Robert has been in the financial advisory industry since 1997. In addition to being a Certified Financial Planner, Robert is a Retirement Income Certified Professional. He helps individuals who are currently retired or transitioning into retirement to build a plan to meet their retirement income needs and manage the many risks they may face. Robert talks with Willie about what commission-free solutions can provide retirees with more protection and guaranteed income, the tools which help advisors choose the best solutions for their clients, and how to cope with client pushback regarding annuities.Key Takeaways[01:11] - An overview of Robert's career in wealth management.[04:12] - The goal of Robert's partnership with DPL.[06:51] - Robert's approach to utilizing registered index-linked annuities (RILAs).[11:17] - What Robert does to determine the best solution for each client.[15:47] - How Robert deals with client pushback regarding annuities.[19:16] - How DPL helps Robert provide better service to his clients.

Today's guest is Brent R. Brodeski CPA, CFP®, CFA®, MBA. Brent is the CEO and founder of Savant Wealth Management. Savant is a Midwest-based, fee-only management firm, that manages nearly 14 million dollars and has over 8k clients and 260 employees. In this episode, Brent shares how he is intentional about stepping away from work to maintain a healthy life balance. He touches on the problem with scaling without excellence and practicing excellence without scaling. Join us today to learn about these things: Brent's journey to the financial industry. (1:04) How Brent chooses to be deliberate with his time as a person that loves to work. (6:38) When losing balance starts to affect your health and how scaling can counteract that. (15:00) RESOURCES Learn more about our guest: https://savantwealth.com/ Email: travis@travisparry.com Get Travis' newest book! Email: travis@travisparry.com Get Travis' newest book!

M&A activity has re-shaped the wealth management industry in recent years – but it also accelerating the evolution of the business, and ultimately access to financial advice.  In this episode of RIA Edge, Mark Bruno, Managing Director at Informa Wealth Management, speaks with Brent Brodeski, CEO of Savant Wealth Management, about the firm's inorganic and … Continue reading RIA Edge Podcast: Savant's Brent Brodeski: How M&A is Accelerating the Evolution of Advice →

Are you ready for the new retirement? The old-fashioned "full-stop" retirement simply doesn't work for everyone. For many people, to retire happy, it includes some form of work - on your own terms. In a hybrid retirement, work - paid or unpaid - can provide meaning, connection, purpose, fulfillment - and some income. There are more options available today to create a hybrid retirement that works for you. But that may mean changing lanes. You'll need to plan ahead and lay the groundwork. Justin Smith, CFP., CAP, CFA of Savant Wealth Management, offers his tips and a tool to help you think outside the box and navigate career crossroads. Justin joins us from Phoenix, Arizona. ________________________ Delaying retirement?  You could wait until you retire and ask What Now? – and then scramble – or drift. Don't be that person. Instead, start planning for the non-financial side of retirement now. Delaying when to retire doesn't mean delaying your preparation. Apply the same principles of design thinking that Nike and other leading companies use to design your future. Learn more about my One-on-One coaching and small group programs. Take the first step toward designing your new life today – schedule a call. __________________________ Bio Justin specializes in helping executives and successful professionals navigate the chapter between full-time work and full-stop retirement, which we call a “Victory Lap.” He has been involved in the financial services industry since 2005. Prior to joining Savant, he was a partner and portfolio manager for an independent Registered Investment Advisor firm in Chicago. Justin earned a bachelor of business administration degree with a concentration in finance from the University of Michigan. He is a CERTIFIED FINANCIAL PLANNER™ professional and has earned the Chartered Advisor in Philanthropy® (CAP®) and the Chartered Financial Analyst® (CFA®) designations. He is a frequent speaker on the topics of Victory Lap Retirement and tax-smart retirement planning. Justin loves to cook (especially tacos!) and enjoys spending time outdoors with his wife and three children. After living in the Midwest for many years, they truly appreciate everything Arizona has to offer. In the fall, you are almost certain to find Justin on his patio watching Minnesota Vikings or Michigan Wolverines football. _____________________________ For More on Justin Smith Website Download The Career Crossroads Workbook ______________________________ Podcast Episodes You May Like How's Your Network? – Kelly Hoey The Unretirement Life – Richard Eisenberg Breaking the Age Code – Dr. Becca Levy Independence Day - Steve Lopez ___________________________ It's Game Time! Win The Retirement Game  “Definitely the best book I've read on the non-financial aspects of retirement.” Amazon    Barnes & Noble    Bookshop.org __________________________________ Wise Quotes On Hybrid Retirement  "I think this is becoming more and more of a movement. Nobody announced it, but it's becoming more and more popular. 20 years ago there was really one path where it was somebody in the C-suite and then they would go serve on a board and they went from working 80 hours a week to working 20 hours a week. They'd still fly around and go to board meetings and things like that. But now that has been democratized and there's countless different ways that people can take a hybrid path. And the big change I'm seeing is that a more people have access to these hybrid paths. Basically anybody who puts in the work can find something that checks all the boxes for them. And the other thing I'm seeing is that people are not waiting until 65 or full retirement age, or the point where they feel fully financial independent. They're jumping off the treadmill earlier and then they're playing that hybrid game longer." On Planning Ahead "In the retirement planning game,

Philip Huber, Chief Investment Officer of the registered investment advisory firm Savant Wealth Management, discusses asset allocation and alternative investments on Sept. 13, 2022, with hosts Jeffrey Sherman and Samuel Lau. Mr. Huber is the author of “The Allocator’s Edge: ... Read More

In this episode we're joined by Brent Brodeski, CEO of Savant Wealth Management.  Savant Wealth Management has over 300 employees providing wise counsel to individuals, families, and businesses across the US. Brent joins us to discuss:The origin story of SavantWhat Savant's vision of building ideal futures means His desire to build frameworks from clients to understand their vision, values, wellbeing priorities and levers. The value cycle between clients, employees and the broader community. Savant's aim to find the intersect between excellence and growth.His vision for the industry and advice businesses, to move to demonstrating value around building ideal futures with a deep bench of specialists.To learn more about how Lumiant can help you engage clients with values based advice visit www.lumiant.io

After a rough week in the U.S. economy, David Huber of Savant Wealth Management, joins the Steve Cochran Show this week to discuss the moves you may want to make with your money during this turbulent time in the markets.See omnystudio.com/listener for privacy information.

Phil Huber, chief investment officer at Savant Wealth Management and author of The Allocator's Edge: A Modern Guide to Alternative Investments and the Future of Diversification speaks with Barron's senior writer Lauren Foster about the future of the traditional 60/40 portfolio, the role of alternative investments in asset allocation, and ways investors can add alternatives to their portfolios.

This is an edited version of a cover profile interview conducted by Real Assets Adviser editor Mike Consol with Brent Brodeski, co-founder and CEO of Savant Wealth Management. Brodeski's cover profile appears in the June 2022 edition of Real Assets Adviser. (05/2022)

The term "alternative investments" is a loaded phrase. But they can be just as important to your portfolio as stocks or bonds, providing diversity that can help reduce risk and increase returns. How can alternative investments be used in conjunction with traditional investments to build a diversified portfolio? In today's episode, Tommy talks with Phil Huber, Chief Investment Officer at Savant Wealth Management, author of the Allocator's Edge, and blogger at Bps & Pieces.  Phil is responsible for portfolio management, contributing to Savant's investment strategy, and managing investment processes for clients. He takes an active role in writing straightforward commentary to inform clients and explain the firm's investment philosophy. Phil talks with Tommy about his book, The Allocator's Edge, a new type of asset class, and why alternative investments should be considered as meaningful parts of a portfolio. Key Takeaways [02:03] - Why is “alternative investment” a loaded phrase? [05:11] - How Twitter can be a good platform for crowdsourcing opinions. [08:32] - Why alternative investments should be considered as meaningful parts of a portfolio. [14:31] - The Periodic Table of Investment Assets. [19:46] - Lesser-known types of investments that are worth checking out. [27:28] - A new type of asset class that investors may find exciting. [30:34] - How Phil invests his own money. [32:46] - A few of Phil's collectibles that make up his portfolio. Quotes [02:51] - "There are so many different categories, asset classes, and strategies that fit under this (alternative investment) umbrella that have nothing to do with one another. And yet they get kind of lumped together in this third bucket of a portfolio." - Phil Huber  [11:07] - "The investment landscape is always evolving. A lot of asset classes and products that are available today to advisors, that can be diversifying and providing different sources of low correlated return streams, weren't available 20 years ago. So we've got a wider toolkit to build portfolios with." - Phil Huber [15:47] - "If you take different investment assets and combine them together in different ways, you get different outcomes. You get different portfolios and those portfolios should be suited and matched ultimately to the investor's objectives." - Phil Huber [29:16] - "It would be logical to think that there's going to be some kind of collectibles-focused funds that advisors and clients can tap into as well. I think that's just an interesting one where something that's been around for a while is now becoming a bit more democratized thanks to innovation and technology advancements." - Phil Huber Links  Phil Huber on LinkedIn Phil Huber on Twitter Savant Wealth Management bps and pieces The Allocator's Edge GoldenEye 007 Nintendo 64 Connect with our hosts Mammoth Tommy on LinkedIn Subscribe and stay in touch Apple Podcasts Spotify Google Podcasts Learn more about Mammoth Scientific's Health & Tech Fund 1 When you move beyond the point of making sure your retirement goals are on track, your investment opportunities are wider than just publicly traded funds. Step into the world of investing in venture capital by learning more about Mammoth Scientific's Health & Tech Fund 1. Curated by some of the leading medical and fintech experts, Mammoth's Fund 1 is paving the way for health science and tech innovation. If you're interested in helping patient care, provider insight, and instrumentation go beyond possibility and into reality, check it out today at Mammoth.vc. Visit Mammoth.vc today!

Phil Huber, CIO, Savant Wealth Management, based in Chicago, joins us for a deep dive on how advisors can thoughtfully and successfully implement alternatives to gain a competitive edge in portfolio construction. Phil is a former award-winning advisor, was appointed CIO, at Savant following the merger of Huber Financial Advisors and Savant Capital, which forged their $8-billion Chicago-land behemoth Savant Wealth Management RIA two years ago.Recognizing that there was a massive proliferation of alternative investment vehicles, he decided to publish a tour-de-force guide that provides detail, reference, and rich insights on understanding how and why the universe of alternative investments available today fit into today's traditional retail investment portfolios.Today's capital market assumptions (CMAs) show that investors must either lower their forward expected investment returns forecasts or learn how to productively use alternatives to augment total return and mitigate the risks inherent in today's low rates, low yields, and richly valued equity and bond markets.We explore the numerous new tools and vehicles advisors, and in turn, their clients – investors – can exploit the alternatives universe that was once only available to UHNW investors and institutions. We also explore how advisors can begin to introduce the implementation of this universe of alternative investment solutions.Phil provides insight as to what the five main categories of alternatives investors need to begin to consider adding to against their legacy 60/40 portfolios, which for the most part have, enjoyed a 40-year secular disinflationary tailwind since the 1980s, in order to reduce the risk of being blindsided by changes in market and economic regimes."The best portfolio is the one you can stick with," over the long term, through thick and thin, and since behavioural risk is potentially the most deleterious and costly risk investors can experience in their lifetimes, it has now become critical for advisors to set themselves apart by helping their clients to construct portfolios that are resilient and sustainable, from the point of view of being able to maintain strategic asset allocations over the long-term, without being destroyed by future flights-to-safety.*****Where to find Phil Huber, CIO, Savant Wealth ManagementPhil Huber on LinkedinPhil Huber on Twitter (@bpsandpieces)Bps and Pieces BlogSavant Wealth ManagementPhil Huber's New Book:The Allocator's Edge: A modern guide to alternative investments and the future of diversification – https://links.advisoranalyst.com/The-Allocators-Edge*****Where to find the Raise Your Average crew:ReSolve Asset ManagementReSolve Asset Management BlogMike Philbrick on LinkedinRodrigo Gordillo on LinkedinAdam Butler on LinkedinPierre Daillie on LinkedinJoseph Lamanna on LinkedinAdvisorAnalyst.com******"You don't have to be brilliant, just wiser than the other guys, on average, for a long time." Charlie MungerWelcome to Raise Your Average, our deep dive journey into learning from the people and process behind the world of investing. Through conversations with leaders in the investments game, we peel back the layers of the onion on how these holders of the keys to the kingdom allocate their time, their energy, and their dollars.We are all students and we are all teachers. We are the average of the 5 people we spend the most time with. Come hang out with us for a while and raise your average, as we raise ours.Music credit: In Hip Hop, Paul Velchev (8MJZA6T3LK)

In this week's episode, I talk with Phil Huber, the Chief Investment Officer at Savant Wealth Management and author of the new book The Allocator's Edge. This episode does not include financial advice.* Rather, we talk about the advice Phil gives other people about their finances and the book he wrote about financial advice. We begin the episode with a discussion about financial advising and what goes into becoming a CFA (Chartered Financial Analyst) and a CFP (Certified Financial Planner). We also talk about how it's important to find the right financial advisor as a person's financial life becomes more complex. I ask Phil if any of his clients ever ask if he can YOLO them so hard with investing, and he discusses advisors' business of growing and preserving wealth responsibly. Phil's new book focuses on alternative investments, and he gave us a glimpse of what those investments are. He demonstrates how diversifying clients' portfolios help manage risk. Phil explains catastrophe reinsurance, and we discuss the recent proliferation of alternative investing apps and platforms and how barriers are being broken down to previously inaccessible asset classes for average investors.   Any conversation involving alternative investments would in one way or another, end up with crypto. Phil talks about how advisors are trying to navigate crypto and the current difficulties of incorporating it into clients' investment portfolios as well as possibilities for its inclusion in the future. We end the episode talking about the process of writing a book and how it differs from blogging. Phil wrote The Allocator's Edge for himself ten years ago. By reading his book, Phil believes that investors can become more comfortable discussing and using alternative assets.   Links:    The Allocator's Edge by Phil Huber - https://amzn.to/3m1tu1d   Savant Wealth Management - https://savantwealth.com/    Phil Huber's Twitter: https://twitter.com/bpsandpieces  Topics:   (2:12) - What do you learn as a CFA?   (4:30) - Is there value in normal people getting a CFP or CFA just to make them more stable in their financial knowledge?   (5:35) - At what point does having a financial planner become a necessity?   (7:18) - How are you sure that you're bringing on a competent financial advisor?   (9:18) - How much range is there in the recommendations you give a client or what you specialize in with your practice?   (17:36) - “Diversification preserves wealth, but focus creates it.” Do you see this statement as true with the clients you work with?   (21:43) - How do you hammer home the concept of increasing a client's savings rate?   (25:07) - How do you prepare to be level-headed through times when facing the fears of clients?   (29:00) - The Allocator's Edge    (39:30) - A discussion on Inflation   (42:05) - Catastrophe reinsurance   (46:11) - Accessibility to the average investor   (50:25) - Cryptocurrency   (1:00:42) - Is there a missing product that needs to be built for more mainstream crypto adoption?   (1:06:37) - How does blogging compare to writing a book?   (1:09:11) - How long have you been working on this book?   (1:15:15) - What are the prerequisites to reading this book?   (1:17:57) - What is the ‘Yolo' portfolio?   (1:19:36) - Wrap Up Additional Episodes If You Enjoyed: Mitchell Baldridge: Defeating Taxes, Crypto & Financial Planning   Jason Hitchcock: Your Guide to Web3 (DeFi, NFTs, and The Metaverse)   David Perell: Intellectual Openness & Mental Models for Success   If you want to support the podcast, here are a few ways you can:  >> Buy a copy of the Navalmanak: www.navalmanack.com/  >> Share the podcast with your friends and on social media  >> Give the podcast a positive review to help us reach new listeners  >> Make a weekly, monthly, or one-time donation: https://app.omella.com/o/9Bufa  >> Follow me on Twitter: @ericjorgenson >> Learn more and sign up for the “Building a Mountain of Levers” course and community: https://www.ejorgenson.com/leverage  I appreciate your support!     Important quotes from Naval on building wealth and the difference between wealth and money:   How to get rich without getting lucky. - Naval Ravikant   Making money is not a thing you do—it's a skill you learn. - Naval Ravikant   I came up with the principles in my tweetstorm (below) for myself when I was really young, around thirteen or fourteen. I've been carrying them in my head for thirty years, and I've been living them. Over time (sadly or fortunately), the thing I got really good at was looking at businesses and figuring out the point of maximum leverage to actually create wealth and capture some of that created wealth. - Naval Ravikant   Seek wealth, not money or status. - Naval Ravikant   Wealth is having assets that earn while you sleep. - Naval Ravikant   Money is how we transfer time and wealth. - Naval Ravikant   Ignore people playing status games. They gain status by attacking people playing wealth creation games.    You're not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom.  - Naval Ravikant   The most important skill for getting rich is becoming a perpetual learner. You have to know how to learn anything you want to learn. The old model of making money is going to school for four years, getting your degree, and working as a professional for thirty years. But things change fast now. Now, you have to come up to speed on a new profession within nine months, and it's obsolete four years later. But within those three productive years, you can get very wealthy. - Naval Ravikant     Important quotes from the podcast by Naval on Leverage:   “Give me a lever long enough and a place to stand, and I will move the earth.”  —Archimedes    To get rich, you need leverage. Leverage comes in labor, comes in capital, or it can come through code or media. But most of these, like labor and capital, people have to give to you. For labor, somebody has to follow you. For capital, somebody has to give you money, assets to manage, or machines. - Naval Ravikant   Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media). - Naval Ravikant   Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. - Naval Ravikant   Code and media are permissionless leverage. They're the leverage behind the newly rich. You can create software and media that works for you while you sleep. - Naval Ravikant   If you can't code, write books and blogs, record videos and podcasts. - Naval Ravikant   Leverage is a force multiplier for your judgment. - Naval Ravikant   Apply specific knowledge, with leverage, and eventually you will get what you deserve. - Naval Ravikant   “We live in an age of infinite leverage, and the economic rewards for genuine intellectual curiosity have never been higher. Following your genuine intellectual curiosity is a better foundation for a career than following whatever is making money right now.” - Naval Ravikant   Important Quotes from the podcast on Business and Entrepreneurship   There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant   You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important.     Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That's a fine way to start.    But usually, the real wealth is created by starting your own companies or even by investing. In an investment firm, they're buying equity. These are the routes to wealth. It doesn't come through the hours. - Naval Ravikant

In episode 374, we welcome our guest, Phil Huber, Chief Investment Officer of Savant Wealth management, an independent, fee-only wealth management firm, and the author of The Allocator's Edge: A modern guide to alternative investments and the future of diversification. In today's episode, we're talking all things alternatives! With the traditional 60/40 portfolio facing some headwinds going forward, investors and advisors may be looking to add alternatives to their portfolios, so Phil wrote an overview of the different alternative asset classes. We walk through the different alternatives, what sleeve of the 60/40 they should replace, and then talk about the behavioral aspects of implementing some of these ideas. Be sure to stick around and hear what Phil thinks about the collectibles space as they're becoming more accessible to investors, and what collectibles he has himself. ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Today's episode is sponsored by Public.com. Public.com is an investing platform that helps people become better investors. On Public, ownership unlocks an experience of content and education, contextual to your portfolio, created by a million+ strong community of investors, creators and analysts. Start investing with as little as $1 and get a free slice of stock up to $50 when you sign up today at public.com/faber

Show from 12/3/21Wharton Finance Professor Jeremy Siegel starts the show with his weekly market update noting the strong employment report, the yield curve, the long bond, and more. Then, are you interested in alternative asset classes? In this episode of Behind the Markets Host Jeremy Schwartz and Guest Host Chris Gannatti talk to the author of “The Allocator's Edge” about the shifting landscape for traditional portfolios, asset classes and strategies for alternative investments, and sharpening client skills to manage expectations. They discuss everything from private equity, hedge funds, catastrophe reinsurance, and real assets to non-traditional credit.Guests:Phil Huber – CIO of Savant Wealth Management and author of “The Allocator's Edge: A Modern Guide to Alternative Investments and the Future of Diversification” Click here to purchase Phil's book: https://www.amazon.com/Phil-Huber/e/B097TRDTD2%3Fref=dbs_a_mng_rwt_scns_shareFollow him on Twitter: @bpsandpieces For more on Savant Wealth Management visit their website: https://savantwealth.com/employee/philip-r-huber/ Christopher Gannatti - Head Of Research, Europe at WisdomTree Asset ManagementFollow WisdomTree on Twitter: @WisdomTreeETFsFollow Jeremy Schwartz on Twitter: @JeremyDSchwartz See acast.com/privacy for privacy and opt-out information.

Phil Huber is the Chief Investment Officer of Savant Wealth Management, and author of The Allocator's Edge: A Modern Guide to Alternative Investments and the Future of Diversification. He joined us for a great discussion that covered topics such as: Educating advisors on the role of alternative strategies in portfolios and their benefits Recency bias and why “hindsight is 60/40” A different approach to building a truly balanced portfolio Why allocators find it difficult to diversify away from stocks and bonds, despite recognizing how expensive they currently are Dealing with an environment that most financial professionals have never come across in their lives Embracing alternative risk premiums and trying to understand why they work Private equity and hedge funds – the ‘gateway' alts Niche vs large managers – why size matters and finding the sweet spot Path dependency and sequence of returns Communication challenges and getting clients across the line to embrace a novel approach Line item risk vs portfolio ‘gestalt' Fiduciary responsibilities, diversification, fees and behavioral considerations Behavioral coaching as an integral part of an advisor's job A wide range of experiences and unrealistic expectations – why alternative strategies haven't been fully embraced by retail investors In the absence of value, we negotiate price Overcrowding, passive-flows and factor underperformance The pitfalls of overly conservative assumptions Minimizing regret vs maximizing utility Plan vs planning – a perpetual, ongoing exercise   Thank you for watching and listening. See you next week.   This is “ReSolve's Riffs” – live on YouTube every Friday afternoon to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management.   *ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.  

Our guest this week is Phil Huber. He is chief investment officer at Savant Wealth Management, a fee-only registered investment advisor. Previously, Huber worked for Huber Financial Advisors, which Savant acquired in 2020. Huber is active in the financial blogosphere with his blog bps and pieces.com. He has a bachelor's degree in finance from the Kelley School of Business at Indiana University and has earned both the Certified Financial Planner and Chartered Financial Analyst designations. Huber is also the author of a new book, The Allocator's Edge: A Modern Guide to Alternative Investments and the Future of Diversification.BackgroundBioSavant Wealth ManagementBps and piecesThe Allocator's Edge: A Modern Guide to Alternative Investments and the Future of DiversificationTrade Allocations and the Case for Alternatives"Evidence-Based Investing: Application and Monitoring," by Phil Huber, savantwealth.com, March 22, 2021."In Defense of Complexity," by Phil Huber, bpsandpieces.com, March 16, 2019."The Four C's of Investment Costs," by Phil Huber, bpsandpieces.com, Nov. 3, 2021."Inflation: Temporary or Here to Stay?" by Daniel G. Noonan, savantwealth.com, Sept. 15, 2021."Ask Meaningful Questions: Bonds and Alternatives," by Phil Huber, savantwealth.com, March 21, 2021.“The Elements of Diversification," by Phil Huber, bpsandpieces.com, Nov. 19, 2018.Retirees "Three Tips for Evidence-Based Retirement Plans," by Isaac Presley, cordantwealth.com, Nov. 29, 2017.Practice and Behavioral"Diversification Means Always Having to Say You're Sorry," by Brian Portnoy, forbes.com, March 9, 2015.Liquid Alts"Liquid Alts Revival?" by Phil Huber, bpsandpieces.com, April 7, 2021."Inside the Morningstar Style Box for Alternatives," by Jason Kephart, Morningstar.com, Oct. 30, 2017.Indexing and ETFs"Patrick O'Shaughnessy: 'Custom Indexing Unlocks a Lot of Benefits'," The Long View, Morningstar.com, May 12, 2021.Canvas"For a While, Bond Funds Were an Exception to the Indexing Rule," by Carla Fried, nytimes.com, Jan. 11, 2019."Around the ETF World in 80 Hours," by Phil Huber, bpsandpieces.com, Feb. 14, 2020.

This week is a cage match of a pod, going point/counterpoint on every Alt from private equity to fine art to digital assets with Phil Huber and the knowledge he's about to drop in his upcoming new book ‘The Allocators Edge: A modern guide to alternative investments and the future of diversification'. Phil is the Chief Investment Officer at Savant Wealth Management. As a Chicago native, we talk with Phil about his start in investments with his interests in the family business from an RIA wealth management background and decided to sink his teeth in. We dive into his book talking about everything from how the actual writing of it went – to what's being said in it – from the current issues with the 60/40 portfolio, his blog bps and pieces, why sometimes the juice isn't worth the squeeze, the thin line between traditional and alternative portfolios, his periodic table of investments, reviewing a huge list of Alternative Investments, including private equity, real estate, fine art, digital assets, style premia, real assets, trend following, and more, the state of Indiana sports, 80's-90's pro wrestling, and Chicago pizza. Join us on this interesting Alt-tastic ride as we dig into what really is an Alternative investment by cracking open that “Other” bucket on the client statements. Chapters: 00:00-02:37 = Intro 02:38-13:30 = Family Ties & the Modern RIA playbook 13:31-24:40 = Blogs, Muses, and the Allocator's Edge 24:41-32:51 = The Problems with the 60/40 portfolio in today's world 32:52-46:15 = The Periodic Table of Investments 46:16-01:08:14 = Walking through a dozen Alternative Investments ALT by ALT 01:08:15-01:20:42 = Digital Assets, and How a Portfolio of Alts might Look 01:20:43-01:26:05 = Favorites From the Episode: Get his book on Amazon, Barnes & Noble Read Phil's blog bps and pieces: https://bpsandpieces.com/ & Follow Phil on Twitter @bpsandpieces Don't forget to subscribe to The Derivative, and follow us on Twitter at @rcmAltsand our host Jeff at @AttainCap2, or LinkedIn , and Facebook, and sign-up for our blog digest. And visit our sponsor, the CME Group at www.cmegroup.com to learn more about futures and options. Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit www.rcmalternatives.com/disclaimer

Summary: Should we be apprehensive about tax changes? Wayne Titus, a member of Savant Wealth Management, comes on the podcast to break down some of the shifts in taxes and what to expect. The tax reform act was passed back in 2017, and brought on many changes in tax brackets. If Congress doesn't make any decisions, these brackets revert back to what they were in 2017. This is a long process which may not conclude this year—which can also make giving financial advice more complicated. Highlights: -Wayne recently joined Savant Wealth -Should we be worried about tax changes? The tax reform act was passed back in 2017 and brought on a number of change in tax brackets. If nothing is done by Congress, those brackets revert back to what they were in 2017 -Most changes are not going to impact taxpayers (unless you earn $400k+). Thus, these changes affect businesses more. -Our tax rate structure is progressive; the number sounds large, but the blended rate of tax makes it more rational -Many other states besides California and New York are affected by some of these tax changes -This is a long, drawn out process that may not conclude this year. A lack of solidified dates for changes makes it hard to make decisions in the financial sector -Our legislative process is iterative Useful Links: Financial Advisor Network Savant Wealth Management Wayne B. Titus III

How do you save for college, what should you plan for and WHEN should you start saving for your kids for college? Today, financial planner Joel Cundick (and father to many teens) will come on and talk to us about what we can be doing no matter our income level today. Today's guest is Joel Cundick, he works at Savant Wealth Management. Big thanks to our sponsor Family Routines -- if you're looking to make the day to day routines easier, jump in that course to let me help you smooth out those days, so you can handle the unexpected (which you likely already expect). In this episode WHEN you should start to save for your kid's college fund How to balance your own retirement vs college savings The benefits of opening a 529 (savingforcollege.com) How grandparents can gift money Having the conversation for your kids What the 529 can be used for (and what if they don't go to college) Other things that might interest you Your Disneyland Cost Calculator Making the choice to use a Christian Healthshare Handling Finances as a Couple Producer: Drew Erickson

Dr. Cathy is joined by Danielle Dahn, a financial advisor at Savant Wealth Management to discuss financial health, this month's element of health! Danielle helps break down topics such as emergency funds, retirement planning, education and estate planning in this episode of The Socket Podcast. Do you need to take a better look at your finances? This is a great place to start!Watch the full podcast video HEREConnect with Socket:   Website: https://www.simplysocket.com    Facebook: @simplysocket    Join the Socket Community on Facebook    Instagram: @simplysocket @drcathysubber    Email: cathy@simplysocket.com

Wisdom - we all want it, but so few of us reach it before our time ends.Wisdom comes from experiencing things around you. Being wise does not necessarily mean you're the most intelligent person in the room; it means you're the most curious, a lifelong learner.By being committed to learning and experiencing new things, you understand that there are no wrong turns, just lefts or rights with some potholes along the way. Because the more you learn, the more you realize how much you don't know.Brent Brodeski embodies what it means to be a lifelong learner.Brent is the Chief Executive Officer, Financial Advisor, and Member Owner of Savant Wealth Management. He has been involved in the financial services industry since 1988. Brent earned a bachelor of science degree in finance and economics and a master's degree in business administration with an emphasis in accounting from Northern Illinois University.Brent is a co-founder and past president of Zero Alpha Group (ZAG), an industry association. He is also a co-founder of the Alliance for RIAs (aRIA), a prestigious industry group that together manages nearly $50 billion. He was a long-term participant in Vistage (previously known as TEC) and The Strategic Coach. He is currently a member of the Young Presidents' Organization (YPO) and serves on the boards of the Northern Illinois University Foundation and the Rock Valley College Foundation.Brent was named by Chicago magazine as the #1 independent financial advisor for the Chicago area in 2009 and one of the nation's top professional advisors by J.K. Lasser. He represented Savant for the seventh year on Barron's list of the "Top 100 Independent Financial Advisors" in the country and in 2017 was ranked by Forbes as #40 on their top 250 wealth advisors list. From 1997 until the survey ended in 2008, Brent appeared on Robb Report Worth magazine's "The Nation's 100 Most Exclusive Wealth Advisors" list. In 2011, Brent was named the nation's 10th "Most Experienced Independent Financial Advisor" by Bloomberg Businessweek. Brent was named "one of the 17 people advisors should watch in 2017" by Financial Planning magazine. He is a regular columnist for Financial Planning magazine, is a frequent speaker at industry conferences and events, and is recurrently featured in local, industry, and national media, including the Wall Street Journal and Barron's.In this episode, Brent shares the wisdom he's gained as a lifelong learner.Listen to this episode and learn about:Brent giving credit and thanks to his co-founder of Savant, Tom (2:40)What being a life long learner means (6:55)Learning from nature (12:34)Leading through a crisis (16:18)Increasing social well-being (24:26)The importance of shared success (28:38)Investing in your community (35:15)Brent's message to Tom, his co-founder (42:38)Links:Connect with Brent on Linkedin - https://www.linkedin.com/in/brent-brodeski-b760651/Savant Wealth Management - https://savantwealth.com

In the 30th episode of The COO Roundtable, Matt welcomes Michael Paley, Chief Operating Officer at Klingman & Associates and Kevin Hrdlicka, Chief Operating Officer at Savant Wealth Management. Klingman & Associates is located in New York City, has 18 employees and manages $2.7B in client assets. Savant Wealth Management is headquartered in Rockford, Illinois, has 18 offices across the country and manages just under $11B. Matt, Michael, and Kevin discuss how professional management drives RIAs to the next level and much more, including: The background of each guest’s firm, their ideal clients, and how each firm has historically grown assets under management Our guests’ professional backgrounds, including Michael’s time as an early employee at Focus Financial Partners and his continued growth in the industry, and Kevin’s career-spanning journey with Savant Wealth Management How they, as COOs, support their firm’s growth, including Kevin’s input on “specialization” and Michael’s advice to think “five years ahead” How the COO is the “keeper of the client experience” What each guest does on a daily basis to make employees as successful as possible The KPIs our guests use to monitor the health of their respective firms We hope you enjoy, share, and subscribe! You can listen and subscribe on Google Podcasts, Apple Podcasts, or Spotify Sign up here to be notified of new practice management content added to our blog on a regular basis.

In the 30th episode of The COO Roundtable, Matt welcomes Michael Paley, Chief Operating Officer at Klingman & Associates and Kevin Hrdlicka, Chief Operating Officer at Savant Wealth Management. Klingman & Associates is located in New York City, has 18 employees and manages $2.7B in client assets. Savant Wealth Management is headquartered in Rockford, Illinois, has 18 offices across the country and manages just under $11B. Matt, Michael, and Kevin discuss how professional management drives RIAs to the next level and much more, including: The background of each guest’s firm, their ideal clients, and how each firm has historically grown assets under management Our guests’ professional backgrounds, including Michael’s time as an early employee at Focus Financial Partners and his continued growth in the industry, and Kevin’s career-spanning journey with Savant Wealth Management How they, as COOs, support their firm’s growth, including Kevin’s input on “specialization” and Michael’s advice to think “five years ahead” How the COO is the “keeper of the client experience” What each guest does on a daily basis to make employees as successful as possible The KPIs our guests use to monitor the health of their respective firms We hope you enjoy, share, and subscribe! You can listen and subscribe on Google Podcasts, Apple Podcasts, or Spotify Sign up here to be notified of new practice management content added to our blog on a regular basis.