Podcasts about Wealth management

Betsy Graseck and Michael Cyprys explore how AI could expand advisor capacity and tokenized assets could grow into a $2.3 trillion market by 2030.Read more insights from Morgan Stanley.----- Transcript ----- Betsy Graseck: Welcome to Thoughts on the Market. I'm Betsy Graseck, Morgan Stanley's Global Head of Banks and Diversified Finance Research. Michael Cyprys: And I'm Mike Cyprys, Head of U.S. Brokers, Asset Managers, and Exchanges Research at Morgan Stanley. Betsy Graseck: Today, we're looking at the next phase of growth across asset and wealth management – and how tokenization, AI, and changing investor flows could reshape the industry. It's Thursday, October 1st at 9am in New York City. Assets under management, or AUM, are near record highs across the globe, with a lot changing beneath the surface. Now, much of the recent AUM growth has come from markets rather than from net new client flows. And meanwhile, fees do remain under pressure. At the same time, technologies like AI and tokenization are creating new opportunities for both asset and wealth managers. Our base case has tokenized real world assets growing from roughly [$]40 billion today to about [$]2.3 trillion by 2030. Mike, let's start with tokenization. What are the use cases that matter most near term? Michael Cyprys: So, as we think about it, there's a number of use cases that we see. The most compelling ones really are around cash treasuries and collateral. Take for example, earning yield. Some tokenized funds allow you to earn interest by the minute or the second that is invested rather than having to remain invested by that 4pm cutoff that is the case today. Another benefit is allowing collateral to move around a lot more easily, and this can help support a shift toward 24/7 markets. So, if securities can trade 24/7 – or derivatives – you may also need the cash leg of that transaction to keep pace. Right now, there are certain futures contracts that do trade over a weekend, but those positions do need to be pre-funded on Friday. So that's going to limit perhaps the full uptake for that of 24/7 until you can get the movement of the collateral to keep pace. And that's where tokenization can come in to help solve a real market need. There's also trapped collateral that's just sitting around the world, where institutions and corporates just keep pockets of liquidity in different places just in case they need it at a moment's notice. There's a cost to that while it sits idle. But tokenization can allow for just more just-in-time movement of money, say with tokenized deposits, tokenized money funds, or stable coins. And another use case is around investors outside the U.S. that may not have as easy access to U.S. markets. But tokenization can help lower barriers, reduce frictions, and allow for greater access to U.S. market exposure. Private markets get a lot of attention, but we think that's maybe a little bit further out. So, to put some numbers around this, today there's around [$]40 billion of tokenized real-world assets. So, think tokenized stocks, bonds, funds. In our base case, we could see that growing to about [$]2.3 trillion by 2030, with a vast majority tied to these collateral mobility and reserve and treasury management use cases. Betsy Graseck: Pulling up a notch, we are expecting assets under management to reach about [$]247 trillion by 2030. But revenue growth is expected to lag asset growth. Mike, what really separates the firms that can grow above market trends you expect? Michael Cyprys: Yeah. So, as you said, most of the growth is going to be driven by market beta, right? So, we have expectation for about 9 percent growth annually in assets under management for about $160 trillion globally today to about $250 trillion by 2030. We expect about three-quarters of that growth rate comes from market beta, which leaves you around 2.5 percent for organic asset growth. So, growing just AUM with the market is not going to really be enough to differentiate. And so, as we think about, you know, how one can differentiate? First, I think it comes down to where one is positioned across the industry. We do see flows concentrating in passive solutions and selected private markets, and the economics can be pretty different there as well. Another way to differentiate is through distribution. Wealth, retirement, model portfolios, customized solutions, all of those channels are becoming much more important. And so, you want to be closer to where that asset allocation decision is actually getting made. And another point of differentiation is around operating leverage, and that's where AI comes in, which I'm sure is a topic we're going to get to in a little bit. That we think can help allow money managers to expand research coverage, can allow salespeople to cover more clients, allow for adding more products and customization without adding necessarily a lot more people and cost at the same rate. So, look, bottom line, I'd say, we think above market growth from having the right products, the right distribution, getting them in front of the right clients, and the technology to scale that just a lot more efficiently. Betsy Graseck: And how important is that AI tool going to be, in your opinion, for separating yourself from the pack? And is it more top-line generative or cost efficiency generative? Michael Cyprys: I think it's critical. It's both. I think it changes the competitive game because a lot of the economics are very different across the businesses, right? Take passive and index investing, for example, that continues to take share. It's a low-fee business, so there scale really matters. In solutions and private markets, the revenue opportunity is better, but you need more capabilities and distribution reach. And in private markets, origination is also key, as well as distribution, right? You can have private credit or an infrastructure product out there in the marketplace. But if you can't get it into a wealth or retirement or insurance channels, then you're leaving a lot of growth on the table. And then with traditional active, performance still matters, but the wrapper is key. Distribution matters more so than ever, and active ETFs are a great example of that. Betsy Graseck: And one question on AI is: How far along do you think it is in your coverage embedded already in the workflow and the processes across your group, your asset managers? Michael Cyprys: So, we're pretty early days here. A lot of firms, already have AI tools today: RFP tools, sales tools, tools within the operational and distribution side. But saving someone, you know, 10 minutes on a task doesn't necessarily show up in the P&L, right? You need to start removing entire steps from workflows. And then using that time savings to cover more clients, to launch more products, do more research, and ultimately slow the pace of hiring. And that's where we think the industry needs to move towards, away from these, sort of, point solutions into an enterprise workflow. And that is tools that connect across the entire organization, underpinned by the same data and the same controls. And our work suggests that this could be pretty meaningful over time, perhaps up to as much as 15 points worth of operating margin improvement – for the leaders over time. But we don't assume that all falls to the bottom line. We expect it to – you know, a lot of that's going to get reinvested, and a portion probably also gets competed away. And when we look at our forecasts for the money managers we cover, I'd say we have modest improvement in operating margins over the next couple of years. And, to your point, on cost versus revenue, we may actually see it on the revenue side first, as it can help allow for more client touches, broader coverage, and faster product development. Betsy Graseck: Okay. So, or as you mentioned, early days. How do you see AI and tokenization impacting either the leverage opportunities, the operating leverage opportunities, or the revenue growth opportunities? Let's start with AI. Michael Cyprys: We think that the potential here is to really improve the capacity to serve clients. As you think about today, the time that advisors spend actually not talking to clients, right? When you think about time that they're spending on meeting prep or research, notes, follow-ups, onboarding. And that's a lot of administrative work that is wrapped up, in terms of the advisor's relationship there. And our work suggests that call it about half of that advisor time could be freed up. Then advisor capacity could increase upwards of 30 to 40 percent on our numbers, and that can also increase the quality and the experience that the clients receive. We also see a broader opportunity beyond just the advisor. As you look across the advisor team and the organization, we see an overall cost to serve to come down quite materially. And I know this is a question you didn't ask it, but that's out there. We don't see AI replacing financial advisors, particularly at the higher end, just given the importance of that trusted relationship. And if anything, the value of that advisor probably goes up, particularly just given there's so much change happening around the world every which way you look. And then you overlay that with the aging demographic trends. We actually think there could be a bull market for advice as we look ahead. And AI could be that tool to enable the industry to execute on that market opportunity set and also help expand the TAM in terms of the ability of the industry to capture that opportunity set and bring advice to more people than was ever possible before. Betsy Graseck: And this would be incremental to your growth outlook that you indicated earlier of 7 percent? Michael Cyprys: This could be incremental… Betsy Graseck: Okay! Michael Cyprys: ... to that opportunity potentially over time. Betsy Graseck: Anything on tokenization that is an opportunity for wealth managers? Michael Cyprys: Oh, absolutely. And I think that we're really, really early days; just scratching the surface on this in tokenization and wealth. You know, I think one way to frame tokenization and wealth is it could just make the client balance sheet that much more productive. And this creates some risk as we talk about in the report for the traditional wealth model with respect to sweep cash and the monetization of that, right? If clients hold less idle cash, that could put some pressure on deposit and sweep economics. But that could also be offset by new lending opportunities at the same time. So, wealth firms need to be able to support tokenized assets and lending capabilities without losing that client relationship to someone else's platform. And that's why longer term, the wallet or the client interface becomes pretty important – because that's where the investments, cash borrowing, payments, all of that comes together. Betsy Graseck: And all of this happening right ahead of Nasdaq and NYSE's December 6th, a big event. Michael Cyprys: That's right. U.S. equity markets are going 23/5 on December 6th. Betsy Graseck: Meaning that the only hours they will be closed every day are between... Michael Cyprys: 8 and 9pm. Betsy Graseck: And that's on a pathway to 24/7 ultimately, you believe? Michael Cyprys: That's our expectation, as you have other disruptors around the world that are looking to provide retail with access to 24/7 markets. Betsy Graseck: Exciting times, Mike. As you indicated in the beginning, we have 79 percent growth with AI and tokenization potentially amping that up ahead of a pathway to a 24/7 market. Michael Cyprys: Indeed. Betsy Graseck: Thank you so much for joining us here on Thoughts on the Market, Mike. Michael Cyprys: It's been great speaking with you, Betsy. Betsy Graseck: And thank you for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen, and share the podcast with a friend or colleague today.

Frank has a story from just yesterday that proves clients do not care what your firm is called.Frank opens with a principle he has seen play out for years, every firm has its day in the sun and every firm has its day in the darkness. Stacey adds that firms move through natural phases of growth and reputation and that an advisor who assumes their own firm is immune to that cycle is simply not paying attention.Frank shares a real conversation from the day before recording, an advisor in Texas who had never heard of Janney Montgomery despite years of success stories from Edward Jones advisors who made the move. Frank uses it to make the bigger point, most clients do not know or care what their advisor's firm is called, they care about the advisor and the relationship they have built with them.That idea carries into a discussion of firms like Arcadius in Atlanta, a firm with no secret sauce that still wins advisors purely on culture. Stacey explains why access to leadership and the feeling of swimming upstream with other serious producers matters more to advisors than a bigger headline deal and why so many advisors quietly miss the experience they used to have at a smaller, more personal firm.Frank and Stacey pull back the curtain on how they actually vet firms behind the scenes, pushing past vague claims like culture and asking firms to show real proof, whether that is a two person marketing team calling itself a department or a firm that cannot explain how it actually helps advisors grow. Frank breaks down the exact order he uses to evaluate any potential move, is it better for your clients first, is it better for your practice second and only then is it better for you personally.The episode closes with a reminder that a firm's name recognition means nothing if it cannot deliver flexibility, leadership access and real results and that eliminating a firm just because you have never heard of it could mean missing the best fit for your business. Questions answered in this episode include:Why do firms go through cycles of good and bad reputation?Do a financial advisor's clients actually care about the name of the firm?What is the real difference between well known firms and firms nobody has heard of?Why does access to senior leadership matter for financial advisors?How should a financial advisor actually vet a firm's culture claims?What is the right order to evaluate whether a move makes sense, the client, the practice, or the advisor?Why shouldn't financial advisors eliminate firms just because they are unfamiliar? Chapters:00:53 Introduction: Your Clients Follow You, Not Your Firm's Name02:02 Every Firm Has Its Day in the Sun and Its Day in the Darkness07:11 Clients Don't Know Who Your Firm Is09:49 Why Access to Leadership Matters15:30 Culture Isn't Enough, Show Us How25:44 The Advisor and the Advisor's Own Client27:36 The Final Message32:24 How to Reach Frank and Stacey Resources:- Elite Consulting Partners: https://eliteconsultingpartners.com- Elite Marketing Concepts: https://elitemarketingconcepts.com- Elite Advisor Successions: https://eliteadvisorsuccessions.com- JEDI Database Solutions: https://jedidatabasesolutions.com- Elite Wealth Management Insights Report: https://eliteconsultingpartners.com/insight-report- Listen to more: https://eliteconsultingpartners.com/podcasts/- LinkedIn: https://www.linkedin.com/company/elite-consulting-partners/

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereWhat if your biggest tax problem isn't actually a tax problem—but a wealth blueprint problem?For incorporated business owners, building wealth means managing two interconnected worlds: your personal finances and your corporate assets. Decisions around salary, dividends, investments, retirement accounts, insurance, and estate planning can all affect your cash flow, net worth, taxes, and the legacy you ultimately leave behind.In this episode, we walk through two very different business-owner scenarios to show why focusing on taxes alone can lead you toward the wrong solution—and why understanding your complete financial blueprint needs to come first.You'll discover:How to distinguish between a genuine tax problem and a broader cash flow, savings, or wealth-structure problem.Why passive investment income inside a corporation can create significant tax drag—and how asset allocation and investment structure can change the equation.How to think about corporate and personal assets together when balancing today's cash flow, long-term net worth, and the wealth you want to leave behind.Press play to learn how a wealth blueprint can help you make more intentional decisions about your corporate assets, taxes, cash flow, and legacy.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.For incorporated business owners, effective wealth architecture goes far beyond finding short-term business owner tax savings—it means building a coordinated Canadian wealth plan that connects personal vs corporate tax planning, tax efficiency, corporate wealth planning, and legacy planning Canada. This episode explores how Canadian entrepreneur finance decisions such as salary vs dividends Canada, RRSP optimization, optimizing RRSP room, passive income planning, tax-efficient investing, and corporation investment strategies can affect cash flow, net worth, and long-term wealth. Through real business-owner examples, you'll see why corporate structure optimization, capital gains strategy, Canadian tax strategies, financial diversification Canada, and estate planning Canada should be considered as parts of a larger financial system rather than isolated tactics. Whether your priorities include financial freedom Canada, financial independence Canada, retirement planning tools, financial buckets, an investment bucket strategy, or building long-term wealth Canada, the goal is to create financial strategies that align corporate and personal assets with your lifestyle and legacy objectives. It's a practical look at Canadian wealth management and the financial systems for entrepreneurs that can help business owners make more intentional decisions about their wealth today and in the future.Ready to connect? Text us your comment including your phone number for a response!If you listen to podcasts like The Rational Reminder with Ben Felix & Cameron Passmore, The Canadian Investor, The Canadian Real Estate Investor, Build Wealth Canada with Kornel Szrejber, ChooseFI with Jonathan Mendonsa & Brad Barrett, Afford Anything with Paula Pant, The Ramsey Show with Dave Ramsey, BiggerPockets Money, The Money Guy Show with Brian Preston & Bo Hanson, Invest Like the Best with Patrick O'Shaughnessy, Masters in Business with Barry Ritholtz, The Wealthy Barber Podcast with David Chilton, Financial Audit with Caleb Hammer, In the Money with Amber Kanwar, The Loonie Hour with Steve Saretsky, or More Money Podcast with Jessica Moorhouse — we're confident you'll enjoy Canadian Wealth Secrets too.Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

James Patrick Rooney is the author of “For the Love of Money: Four Dizzying Decades Riding the Merrill Lynch Bull”, a sharp-eyed, often irreverent memoir of a career spent inside the most transformational era in American financial services history. Drawing on 34 years at Merrill Lynch in the Palm Beach market, where he retired in 2017 as First Vice President and Senior Wealth Management Advisor, Rooney chronicles the boom-and-bust cycles, the political ruling class and corporate executive blunders, and the global fallout he witnessed from the inside. Along the way, he found personal and spiritual support helping him not only survive but eventually thrive in a famously demanding industry. A veteran wealth advisor turned author, Rooney brings four decades of insider perspective and pairs it with the candor and humor of someone with nothing left to prove.

For more than 23 years, Stewart Group has partnered with Dimensional Fund Advisors to bring evidence-based investing to our clients.In this episode of The Adviser Talk, Rory sits down with Nathan to explore the Nobel Prize-winning minds behind Dimensional, the power of evidence-based investing and why innovation continues to drive better outcomes for investors today.(00:00:56) Welcome: Rory introduces Nathan Krieger(00:01:23) What evidence-based investing is and how it differs from active investing(00:04:02) How Nobel Prize-winning research shaped Dimensional's approach(00:08:32) Innovation, client needs and bringing investment ideas to life(00:12:53) Human behaviour, market noise and why investors struggle to stay disciplined(00:15:47) The opportunities and risks of modern trading platforms(00:17:40) The value of human advice in a digital world(00:18:09) If Dimensional started today, what would be different?Rory O'Neill is a Financial Adviser as well as the Director and General Manager at Stewart Group, a Hawke's Bay and Wellington-based CEFEX-certified financial planning and advisory firm. Stewart Group provides personal fiduciary services, Wealth Management, Risk Insurance & KiwiSaver solutions.The Adviser Talk is available on all major streaming platforms, including Spotify and Apple Music.The information provided, or any opinions expressed in this show, are of a general nature only and should not be construed or relied on as a recommendation to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstances from an Authorised Financial Adviser before making any financial decisions. A disclosure statement can be obtained free of charge by calling 0800 878 961 or visiting our website, www.stewartgroup.co.nz Hosted on Acast. See acast.com/privacy for more information.

Companies with significant family ownership generate roughly 70% of global economic output and 60% of the world's jobs. However, only three in 10 survive to a second generation. In this episode of Goldman Sachs Exchanges, FX de Mallmann, chairman of Goldman Sachs EMEA and chairman of Investment Banking, and Tucker York, chairman of global Wealth Management, discuss why succession is so difficult, how enduring enterprises structure governance, and the mindset shift required after a sale or IPO.  Key Takeaways  Succession is a two-part decision: Founders must separate management continuity from asset ownership transfer. This process yields the best results when initiated early and built with operational flexibility.  There are multiple paths to business success: Company success has come from both founders who diversified ownership and brought in professional management, and founders who kept the business family-controlled and managed.   Wealth creation demands a mindset shift: Through a sale or IPO, founders go from operating a concentrated business to holding liquid wealth and trying to understand what to do with this.   For more insights, read Goldman Sachs' new report, Honoring Legacy and Positioning for the Future: A Modern Playbook for Family-Owned Businesses. Date of recording: September 8, 2026 The opinions and views expressed herein are as of the date of publication, subject to change without notice, and may not necessarily reflect the institutional views of Goldman Sachs or its affiliates. The material provided is intended for informational purposes only, and does not constitute investment, legal, or tax advice, a recommendation from any Goldman Sachs entity to take any particular action or be used as a basis for any other investment decision, or an offer or solicitation to purchase or sell any securities or financial products. Any forward-looking statements, case studies, computations or examples set forth herein are for illustrative purposes only. Past performance is not indicative of future results. Neither Goldman Sachs nor any of its affiliates make any representations or warranties, express or implied, as to the accuracy or completeness of the statements or information contained herein and disclaim any liability whatsoever for reliance on such information for any purpose. Each name of a third-party organization mentioned is the property of the company to which it relates, is used here strictly for informational and identification purposes only and is not used to imply any sponsorship, affiliation, endorsement, ownership or license rights between any such company and Goldman Sachs. This material should not be copied, distributed, published, or reproduced in whole or in part or disclosed by any recipient to any other person without the express written consent of Goldman Sachs.  A transcript is provided for convenience and may differ from the original video or audio content. Goldman Sachs is not responsible for any errors in the transcript.  © 2026 Goldman Sachs.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Can you actually be too good at saving for retirement? After decades of building wealth, some retirees find that spending it is harder than saving it. This week, the “Henssler Money Talks” explore how a long-term financial plan can help determine when you have room to spend, give and enjoy more of what you've accumulated—and give yourself permission to do it.Original Air Date: September 26, 2026Read the Article: https://www.henssler.com/from-a-lifetime-of-saving-to-a-retirement-of-spending 

Welcome back to the Alt Goes Mainstream podcast.Today's podcast takes us to Oslo, Norway, for a very special conversation with Christian Sinding, the former CEO of one of the industry's leading alternative asset managers, EQT.Christian's hometown of Oslo provided an ideal setting to showcase both the Nordic heritage that represents EQT's DNA and the global ambitions of the firm (and one of its portfolio companies, 1X) that is looking to fund Europe's first €1T company. Christian has been one of the leaders in the alternative asset management industry. He was most recently the CEO of EQT, where he steered the firm on an impressive growth path as a public company and helped scale the firm to almost €300B AUM. He's now focused on another ambitious project: the Scaleup Europe Fund, a fund that EQT is managing and has support from the European Commission to invest in Europe's most promising technology companies. With 1X Tech's NEO humanoid robot joining us for part of the discussion, Christian and I had a fascinating conversation about the past, present, and future of alternative asset management and Europe's technology ecosystem. Christian and I discussed:The evolution of EQT and alternative asset management.What Europe needs in order to fund the future.How Europe can harmonize its capital markets infrastructure.What it will take to create the €1T company.What it means for companies to have global ambition.The what, why, and how behind EQT's Scaleup Europe Fund.Why EQT's Scaleup Europe Fund invested in ICEYE and Lovable.Why EQT invested in 1X.How Christian's “why not” attitude can take Europe's technology ecosystem to the next level.Come for the conversation with Christian, stay until the end to meet NEO.BioChristian Sinding is an Institutional Partner at EQT with nearly 30 years of experience at the firm. He served as CEO and Managing Partner from 2019 to May 2025, during which EQT quadrupled in size, becoming the fourth-largest company listed on the Swedish stock exchange.As CEO, Christian oversaw EQT's public listing on Nasdaq Stockholm in 2019 and guided the firm's development as a publicly listed organization, with a strong focus on governance, transparency and long-term, responsible ownership.Prior to becoming CEO, Christian served as Head of EQT Equity from 2011, where he played a central role in building EQT's core investment franchise and expanding the firm's international footprint. Under his leadership, EQT scaled from a market value of approximately €6 billion at listing to around €40 billion in 2025, further strengthening its position as a global leader in private markets.Christian chairs the EQT Council and the Global Investment Forum, serves as Chair of the Investment Committee for the Scaleup Europe fund, and serves on the Investment Committees for EQT Equity and EQT Future. He is also a board member of the EQT Foundation, supporting EQT's long-term societal engagement.Christian brings deep experience in leadership, governance, public markets and long-term value creation, with a focus on resilience and partnering with founders and management teams to build durable, globally competitive businesses.Thanks, Christian, for sharing your passion, expertise, and wisdom about private markets and building companies and for such a fascinating conversation.Show Notes00:00 Meet NEO, the 1X Robot00:06 Europe's $10B Gap00:18 The “Why Not” Mindset00:29 Lovable and The Trillion Euro Ambition01:37 A Message From Our Sponsor, Ultimus Fund Solutions02:35 Welcome Christian Sinding02:40 Nordic Edge on Innovation05:38 EQT Origins and DNA08:01 Inspiring Change Not Control08:36 Full Potential Planning10:46 Troika Model Explained13:42 Winning After the IPO16:14 Capital Markets Playbook20:56 Why Venture and Growth28:44 Europe's Innovation Gap28:56 Politics Push Reform29:37 Why Europe Can Win30:47 Building Bigger Markets31:18 A European Nasdaq Dream32:28 From Local To Global33:36 Founder Ambition Shifts34:40 Lovable Trillion Dollar Vision35:32 EU Inc And Capital Reforms36:56 Private Longer Needs Capital37:52 Scaleup Europe Fund Explained39:53 What Makes It Different43:02 Defining Success And Flywheel46:47 The “Why Not” Mentality48:58 Some Time With NEO, The 1X RobotA Word from Our Sponsor, UltimusThis episode of Alt Goes Mainstream is brought to you by Ultimus, the full-service fund administrator and transfer agent powering asset managers in private and public markets. As alts go mainstream, you need real expertise to handle complex fund structures, connect with key distribution partners, and handle sophisticated compliance, reporting, and transparency demands.That's Ultimus: high-tech, high-touch solutions for over 450 clients and 2,500 funds with $775B in assets under administration. Backed by an expert team of over 1,200 employees, they place client service at the core of their business, helping you navigate complexity during your fund structuring or launch and then supporting you through every stage of growth. Whether you're already in the market or thinking about entering private wealth, you can trust their team's deep expertise in retail alternatives to help you reach your goals.Learn more at ultimusfundsolutions.com or email info@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.Editing and post-production work for this episode was provided by The Podcast Consultant.

Breanna Blaney spent years at war with herself — one side chasing money in private equity, the other on a meditation cushion wondering if any of it mattered. That tension broke open when she looked around at clients who had more wealth than they could ever spend and still weren't fulfilled. In this conversation with Rick Kahler, Blaney talks about what drove her to build the Anya Institute and the Integrative Wealth Advisor certification, where advisors maintain a daily self-connection practice and spend months doing their own inner work before sitting across from a client. She lays out her human operating systems framework — survival, achievement, creation — and argues that most of the profession is stuck in achievement mode, treating money as a scorecard instead of asking what it's actually in service of. Her bigger point is that advisors have a rare door into someone's entire life, and most aren't walking through it  #BreannaBlaney, #RickKahler, #FinancialTherapy, #IntegrativeWealth, #WealthManagement, #FinancialPlanning, #MoneyMindset, #BehavioralFinance, #HolisticFinance, #FinancialWellness, #PurposeDriven, #MoneyAndMeaning, #EmotionalIntelligence, #PersonalGrowth, #InnerWork, #SelfConnection, #AdvisorDevelopment, #WealthAdvisor, #LeadershipDevelopment, #ConsciousLeadership, #HumanOperatingSystems, #MeaningfulWealth, #LifePurpose, #AdvancedWellbeing A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions. Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values.. 

Are you prepared for a market downturn when you are no longer receiving a regular paycheck? In this episode of Retirement Coffee Talk, host Charisse Rivers dives deep into the realities of the decumulation phase, uncovering the dangers of "financial amnesia" and sequence of returns risk. Learn why traditional 60/40 portfolios might be exposing you to unnecessary volatility, how hidden mutual fund fees can drain hundreds of thousands of dollars from your savings, and why a customized income plan is essential to protect your lifestyle in retirement. Like this episode? Hit that Follow button and never miss an episode!

What if the biggest threat to your retirement isn't the market, but the expenses you never planned for? Raj Shah and Rick Borek discuss longevity risk, sequence-of-returns risk, and why today's retirees need a strategy beyond traditional withdrawal rules. They explore portfolio risk management, AI-driven investment models, rising healthcare costs, Medicare coverage gaps, and new approaches to preparing for potential long-term care expenses. The conversation highlights how retirement planning has evolved and why protecting income and assets may require a different playbook than in previous generations. For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.See omnystudio.com/listener for privacy information.

Nicole Krug wollte eigentlich zur Kripo. Heute managt sie Portfolios im Private Banking der Stadtsparkasse Wedel – nach drei sehr unterschiedlichen Stationen: Citibank, Degussa Bank, Sparkasse. Christoph Fröhlich hat sie auf dem private banking kongress getroffen, und das Gespräch widerspricht einigem, was die Branche gerade über sich selbst erzählt. Deka-zentriert? „Überhaupt nicht, im Gegenteil." ETFs in der Beratung? „Gar nicht." KI im Arbeitsalltag? „Wenig." Stattdessen: vier Kollegen, über 300 Kundenverbindungen, drei bis fünf Gespräche pro Tag, je rund anderthalb Stunden, überwiegend von Angesicht zu Angesicht. Und Kunden, die sich so gut beraten fühlen, dass sie selbst beim Zoll-Crash nicht zum Hörer greifen. Eine Folge über Aufklärung statt Produktvertrieb, über den Kunden, der acht Prozent bei null Risiko möchte und über die Frage, wann Beratung eigentlich zur Familiensache wird.

Stocks surged on AI enthusiasm, Treasury yields climbed to levels not seen since before the financial crisis, and oil volatility reignited fears that inflation could stick around longer than expected. Dave Spano and Dr. Brian Jacobsen discuss the current state of tariffs, the Fed, energy markets, and the economic forces shaping the weeks ahead.  Plus, using the new Trump accounts and how the high-net worth look at spending money later in life.

Stop waiting for the next market crash to dictate your golden years. In this episode of Retirement Coffee Talk, Charisse Rivers breaks down the critical shift from wealth accumulation to the decumulation phase of life. Discover why financial amnesia leaves retirees vulnerable to sequence of returns risk, how hidden mutual fund fees drain hundreds of thousands from your nest egg, and why a diversified income plan is your best defense against economic uncertainty. Tune in to learn how to build a personalized strategy that lets you spend with confidence—without the constant worry of running out of money. Like this episode? Hit that Follow button and never miss an episode!

Treasury yields moved sharply higher, creating new headwinds for equities and driving rotation beneath the market's surface. The team examines how elevated diesel and oil prices could sustain inflation, complicate the Fed's policy path and increase the risk of a policy error. With yields offering more competition for investor capital, portfolios may benefit from reassessing risk-asset exposure and considering opportunities in fixed income. Investors should continue monitoring energy prices, geopolitical developments, Treasury volatility and upcoming FOMC decisions. Hear additional market and investment perspectives during the Key Wealth National Call: Countdown to the Midterms — Politics, Policy, and Your Portfolio on September 29, 2026, at 3:00 PM ET. Speakers:Brian Pietrangelo, Managing Director of Investment StrategyGeorge Mateyo, Chief Investment OfficerRajeev Sharma, Head of Fixed IncomeStephen Hoedt, Head of Equities Time02:12 — Rising Treasury yields create headwinds for equities06:44 — Policy discussions and geopolitical risks remain in focus09:22 — Investors may consider rebalancing risk-asset exposure11:09 — Treasury yields reach multidecade highs18:27 — Closing perspective and investor considerations Additional ResourcesRegister Now: Key Wealth National Call: Countdown to the Midterms — Politics, Policy, and Your PortfolioRead: Key Questions: Is Kevin Warsh having an “Alan Greenspan Moment?" Key QuestionsWeekly Investment BriefSubscribe to our Key Wealth Insights newsletterFollow us on LinkedIn 

How do you turn retirement savings into an income plan? In this episode of Behind the Wealth, Casey, Steve, and Scott discuss matching income to your needs and goals, making thoughtful withdrawal decisions, and adjusting your plan as life changes. Visit premieriwm.com to download our Retirement Vision Board and Retirement Expense worksheets. Check Out Our Investor Guide Series: https://www.premieriwm.com/investor-guides  Get started on your path to financial freedom: www.premieriwm.com  Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC. The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, consult with your attorney, accountant, and financial or tax advisor prior to investing. Premier Investments & Wealth Management and LPL Financial do not provide tax advice, please consult your tax professional. Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes. The purchase of certain securities may be required to effect some of the strategies. Investing involves risks including possible loss of principal. Dollar cost averaging involves continuous investment in securities regardless of fluctuations in price levels. Investors should consider their ability to continue purchasing through periods of low price levels. Such a plan does not assure a profit and does not protect against loss in declining markets. Prior to investing in a five twenty nine Plan, investors should consider whether the investor's or designated beneficiary's home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state's qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.  This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.

Frank and Stacey recorded this one unscripted, straight from a conversation they were already having.Frank breaks down why a W2 structure is not automatically the wrong choice, using Dan Sullivan's who not how framework to explain that a branch manager, an administrator and operations support are not overhead, they are people an advisor would otherwise have to hire and manage themselves. He shares a real example of a private banking team that moved to Morgan Stanley and grew from one billion to 2.6 billion dollars inside a structured W2 environment.Stacey makes the case that the real conversation with advisors considering W2 is almost never about the math, it is about lifestyle, goals and what an advisor actually wants to spend their time doing. She lays out the two questions she hears most from advisors weighing whether to stay in the W2 world, is the firm truly advisor centric and is it focused on the advisor's needs or someone else's agenda.Frank walks through the real spectrum of W2 firms, from the most restrictive wirehouses to more flexible regionals and Stacey introduces the deeper thesis of the episode, that too many consultants assume whatever is trending, right now that trend is independence, is automatically right for every advisor, when the real job is to start with where that specific advisor is and work from there.The conversation covers why firms need a defined growth plan and real evidence instead of vague promises, why the wirehouse model is very much alive and reinvesting in technology and marketing and why some independent advisors are now rolling back into W2 structures to capture massive transition deals before eventually stepping back.Questions answered in this episode include:Is going independent the right move for every financial advisor?What does the who not how framework mean for financial advisors in a W2 structure?What should a financial advisor actually be asking before choosing a W2 firm?What is the spectrum of W2 firms and how do they differ?How can a financial advisor tell if a firm has a real growth plan versus empty promises?Is the wirehouse model dying or making a comeback?Why are some independent advisors moving back into W2 structures?Chapters:01:02 Introduction: W2 versus Independent 02:30 There's a Place for Everybody 05:47 The Math Is the Math 07:05 The Spectrum of W2 Firms 11:35 Does the Firm Have a Defined Growth Plan 15:46 The Wirehouse Model Is Not Dying 18:39 The Rollup Trend Back to W2 24:19 How to Reach Frank and Stacey Resources:- Elite Consulting Partners: https://eliteconsultingpartners.com- Elite Marketing Concepts: https://elitemarketingconcepts.com- Elite Advisor Successions: https://eliteadvisorsuccessions.com- JEDI Database Solutions: https://jedidatabasesolutions.com- Elite Wealth Management Insights Report: https://eliteconsultingpartners.com/insight-report- Listen to more: https://eliteconsultingpartners.com/podcasts/- LinkedIn: https://www.linkedin.com/company/elite-consulting-partners/

Segment 1: Alex Papadopoulos, President of Egéa Wealth Management and Egéa SRI (Socially Responsible Investments), joins John Williams to talk about their focus on sustainable investing, and why socially responsible investing is so important right now. Segment 2: Scott Stein, Editor at Large, CNET, joins John Williams to share his thoughts on all the new Meta glasses that he has tried recently. […]

Making money is only the first step. The bigger question is: what do you do with the wealth you've built?In this episode, Gino Barbaro breaks down a practical framework for managing, growing, and protecting your wealth — whether you have $1,000, $1 million, or are just getting started.From tracking your net worth and understanding cash flow to managing liquidity, allocating capital, building an emergency fund, and creating an investment thesis, Gino shares the systems he uses with his own family to turn money management into a habit.He also explains how he teaches his children about wealth, why family wealth meetings matter, and how starting these conversations early can help create a lasting financial legacy.In this episode, you'll learn:• Why you need to know exactly what you own and what you owe• How to track your net worth and cash flow• Why managing liquidity matters• How to separate business, personal, savings, and tax money• The importance of emergency and cash reserves• How to think about allocating capital• Why having an investment thesis can help guide financial decisions• How to involve your family in conversations about money• A simple one-page wealth dashboard you can create today• Questions to help identify the biggest gaps in your financial pictureWealth isn't just about making more money. It's about learning how to manage the resources you already have — so they can continue to grow and create a legacy.Subscribe for more conversations on entrepreneurship, real estate, wealth, and building a lasting legacy. We're here to help create real estate entrepreneurs... About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereWhat should you actually do with $100,000 in retained earnings when your business expenses are covered and you don't want that cash sitting idle?For incorporated Canadian business owners, excess cash creates both an opportunity and a challenge: where should it live, how accessible should it remain, and how does it fit into your overall wealth strategy? In this episode, Jon and Kyle break down why the answer goes beyond simply choosing an investment—and why looking at your RRSP, TFSA, corporate investments, cash reserves, and insurance strategies as one connected system can give you more flexibility over the long term.You'll discover:How to think about using retained earnings across personal registered accounts and corporate investments instead of treating each bucket in isolation.Why your true asset allocation may be much more conservative than you think once cash, emergency reserves, and opportunity funds are included.How corporate-owned insurance may fit into a broader strategy for liquidity, fixed-income-style allocation, tax efficiency, leverage, and long-term estate planning.Press play now to learn how to put excess corporate cash to work with a strategy built around flexibility, tax efficiency, and your bigger financial picture.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.For Canadian business owners, effective financial planning means looking beyond retained earnings and building a coordinated Canadian wealth plan that connects personal and corporate decisions. From RSP and RRSP optimization, optimizing RRSP room, and tax-free savings to asset allocation, financial buckets, and an investment bucket strategy, the goal is to create an investment strategy that supports financial independence Canada, financial freedom Canada, and building long-term wealth Canada. A strong approach to corporate wealth planning may include corporation investment strategies, tax-efficient investing, business owner tax savings, personal vs corporate tax planning, salary vs dividends Canada considerations, insurance, passive income planning, capital gains strategy, and financial diversification Canada. For entrepreneurs balancing liquidity with long-term growth, broader wealth building strategies Canada can also involve real estate investing Canada, legacy planning Canada, estate planning Canada, retirement planning tools, corporate structure optimization, and financial systems for entrepreneurs. Whether the long-term vision includes an early retirement strategy, modest lifestyle wealth, or simply greater flexibility, thoughtful wealth management helps Canadian entrepreneur finance decisions work together as part of a more intentional financial vision setting process rather than relying on isolated accounts or investments. While choices such as real estate vs renting depend on individual circumstances, the central principle remains the same: use Canadian tax strategies, appropriate asset allocation, and a coordinated investment strategy to build a more flexible and sustainable path toward long-term wealth.Ready to connect? Text us your comment including your phone number for a response!If you listen to podcasts like The Rational Reminder with Ben Felix & Cameron Passmore, The Canadian Investor, The Canadian Real Estate Investor, Build Wealth Canada with Kornel Szrejber, ChooseFI with Jonathan Mendonsa & Brad Barrett, Afford Anything with Paula Pant, The Ramsey Show with Dave Ramsey, BiggerPockets Money, The Money Guy Show with Brian Preston & Bo Hanson, Invest Like the Best with Patrick O'Shaughnessy, Masters in Business with Barry Ritholtz, The Wealthy Barber Podcast with David Chilton, Financial Audit with Caleb Hammer, In the Money with Amber Kanwar, The Loonie Hour with Steve Saretsky, or More Money Podcast with Jessica Moorhouse — we're confident you'll enjoy Canadian Wealth Secrets too.Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Whether someone is nearing retirement, running a business, or managing wealth tied up in company stock, the same question tends to surface: is the plan built around the whole picture, or just the account balances? In this first episode, Dave Alison, President of Wealth Management and Founding Partner at Prosperity Capital Advisors, and co-host Greg Dillon introduce Holistic Wealth and Health, a podcast built around the idea that financial planning and personal wellbeing are connected. They share the professional experiences, including the 2008 financial crisis, advising founders and executives through major equity events, and years spent guiding pre-retirees and business owners, that shaped how they think about tax management, retirement income, and living well once the wealth is in place. What We'll Cover:  - Why Dave and Greg treat financial planning and personal health as connected, not separate, parts of a plan   - How the right mix of pre-tax, post-tax, and tax-advantaged accounts (often called account type diversification) can factor into retirement timing   - Why an advisor's own experience through a financial crisis can shape how closely they watch a client's downside risk   - What advising founders, executives, and business owners through major wealth events can reveal about avoiding a "just in case" retirement   - How AI tools can support, but not replace, sound financial guidance  Find more insights on our website: https://bit.ly/4AujvWW

You’ve Heard of FOMO. What Is FORO? Episode 401 – You've heard of acronyms such as LOL, OMG, IDK, etc. FOMO, or “fear of missing out,” is another big one. But have you heard of FORO, or “fear of running out?” It can be crippling. Here are some ways to deal with it. More SML Planning Minute Podcast Episodes Transcript of Podcast Episode 401 Hello, this is Bill Rainaldi, with another edition of Security Mutual's SML Planning Minute. In today's episode, you’ve heard of FOMO. What is FORO? Some of us are old enough to remember what it was like in the days before LOL, OMG, IDK, etc., etc. IMO, it can all be very confusing. Certainly, most people are familiar with the term “FOMO,” or “fear of missing out.” FOMO can sometimes prompt someone to make an irrational financial decision for fear of missing out on what social media indicates is a good opportunity. It's safe to say that the results do not always match expectations. In our effort to keep up with the latest financial trends, FORO, or “fear of running out,” has gotten some attention recently. It is the anxiety that near or current retirees feel when they think they might outlive their money. It's a significant issue for older Americans. As we mentioned not too long ago, on average, Americans are more fearful about running out of money than they are about dying.[1] In many, if not most cases, there are legitimate and well-thought-out reasons for experiencing FORO. Many people are living longer than expected, dealing with increasing healthcare costs, and facing higher inflation than they expected. Add to that uncertainty when it comes to government benefits, market volatility, and the fact that many people just haven't saved enough for retirement. And without a regular paycheck, real people do sometimes run out of money in retirement. On average, people's net worth will tend to peak just before retirement, then start dropping once they get into their 70s.[2] The results can be tragic if the drop goes all the way—or almost all the way—to zero. But the fear is not always justified. In a recent article at WealthManagement.com, author Evan Cooper makes a distinction between “rational” and “irrational” FORO.[3] Irrational FORO often goes unnoticed. As Cooper points out, some people have become used to living below their means, to the point where they just don't feel right about spending more in retirement, even though they can easily afford it. Other people underspend simply because they don't have an advisor to guide them, and they don't know how much they can afford without the risk of running out.[4] Either way, the result can be a lower quality of life, missed experiences, and making more of a sacrifice than is necessary. Renowned author David Blanchett, head of Retirement Research at Prudential Financial, has taken a hard look at what retirees spend vs. what they can afford. Blanchett has found that, after adjusting for inflation, retiree spending tends to decrease over time. This applies across the board, even for people with more than enough assets to live comfortably and without worry.[5] Blanchett indicates that irrational FORO is more of a problem than many people realize. As he puts it, “those retirees who could materially increase spending do not tend to do so, especially those who are older and spending at higher levels. In other words, while there are both circumstance and choice elements to the observed reductions in real spending, they cannot be written off entirely to circumstances.”[6] There are ways to fight back against irrational FORO. Having a guaranteed lifetime income, often in the form of an annuity, could make a difference. Much like an old-style pension, an annuity may give you the confidence you need to spend your money without worry.[7] Potential long-term care expenses also play a big role when it comes to FORO. People worry that they could have years of comfortable retirement, only to face a devastating decline with huge long-term care expenses towards the end. They may even know someone who has had this experience. Being bankrupted by long-term care in your later years is a real possibility. But planning ahead—using either a life insurance policy with a chronic illness rider, or a long-term care insurance policy—can go a long way in helping your peace of mind, help to relieve the symptoms of FORO, and maybe even improve your quality of life in retirement. Are you suffering from FORO? Is your FORO rational or irrational? Your Security Mutual Life Insurance agent can help you figure things out. Your Security Mutual Life insurance agent can help assemble your financial team and coordinate with your attorneys and tax professionals to review your situation, and to determine the insurance plan that will best suit your needs and objectives. [1] Allianz Life Insurance Company of North America. “Nearly 2 in 3 Americans Worry More about Running Out of Money than Death.” Allianzlife.com. https://www.allianzlife.com/about/newsroom/2024-Press-Releases/Nearly-2-in-3-Americans-Worry-More-about-Running-Out-of-Money-than-Death (accessed June 9, 2026). [2] DeMatteo, Megan. “Average net worth of Americans 75 and up: How much should you have saved?” CNBC.com. https://www.cnbc.com/select/average-net-worth-of-americans-ages-75-and-up/ (accessed September 3, 2026). [3] Cooper, Evan. “Rational and Irrational FORO.” WealthManagement.com https://www.wealthmanagement.com/retirement/rational-and-irrational-foro (accessed September 3, 2026). [4] Id. [5] Blanchett, David. “How Spending Evolves in Retirement: A Smile, a Smirk, or Something Else?” Financial Planning Review. https://onlinelibrary.wiley.com/doi/10.1002/cfp2.70032 (accessed September 3, 2026). [6] Id. [7] TIAA. “How to enjoy your retirement savings and avoid FORO.” TIAA.org. https://www.tiaa.org/public/invest/services/wealth-management/perspectives/how-much-income-in-retirement-fear-of-running-out (accessed September 3, 2026). More SML Planning Minute Podcast Episodes This podcast is brought to you by Security Mutual Life Insurance Company of New York, The Company That Cares®. The content provided is intended for educational and informational purposes only. Information is provided in good faith. However, the Company makes no representation or warranty of any kind regarding the accuracy, reliability, or completeness of the information. The information presented is designed to provide general information regarding the subject matter covered. It is not to serve as legal, tax or other financial advice related to individual situations, because each individual's legal, tax and financial situation is different. Specific advice needs to be tailored to your situation. Therefore, please consult with your own attorney, tax professional and/or other advisors regarding your specific situation. To help reach your goals, you need a skilled professional by your side. Contact your local Security Mutual life insurance advisor today. As part of the planning process, he or she will coordinate with your other advisors as needed to help you achieve your financial goals and objectives. For more information, visit us at SMLNY.com/SMLPodcast. If you've enjoyed this podcast, tell your friends about it. And be sure to give us a five-star review. And check us out on LinkedIn, YouTube and Twitter. Thanks for listening, and we'll talk to you next time. Tax laws are complex and subject to change. The information presented is based on current interpretation of the laws. Neither Security Mutual nor its agents are permitted to provide tax or legal advice. The applicability of any strategy discussed is dependent upon the particular facts and circumstances. Results may vary, and products and services discussed may not be appropriate for all situations. Each person's needs, objectives and financial circumstances are different, and must be reviewed and analyzed independently. We encourage individuals to seek personalized advice from a qualified Security Mutual life insurance advisor regarding their personal needs, objectives, and financial circumstances. Insurance products are issued by Security Mutual Life Insurance Company of New York, Binghamton, New York. Product availability and features may vary by state.​ SubscribeApple PodcastsSpotifyAndroidPandoraby EmailTuneInDeezerRSSMore Subscribe Options

Welcome back to the Alt Goes Mainstream podcast.Today's podcast unpacks the importance of ownership and equity, and how the world's largest private equity firm (source: PEI 300) has helped create a culture of ownership within its portfolio companies and more broadly across the industry.With the backdrop of KKR's studio in New York and the firm fresh off the heels of celebrating its 50th Anniversary, we sat down with KKR's Co-Head of Global Private Equity Pete Stavros for a live conversation during AGM's RIA Field Trip to discuss how culture can be a competitive advantage and how it defines much of what KKR does both internally and with its portfolio companies. Pete has not only been a leading private equity investor at one of the industry's largest firms, but he's also been a pioneer in one of the industry's most important initiatives: enabling employees of private equity-backed companies to share in ownership of the companies where they work.The firm's Broad-Based Employee Ownership has delivered on its promise in many ways, with KKR's recent 14x (and $4.75B) exit on CoolIT providing all 650 CoolIT employees with cash payouts that ranged from approximately one year to more than eight years of annual pay, which, as Pete noted in our conversation, was “life-changing for many employees.” Pete and I had a fascinating conversation about the culture of ownership at KKR, the evolution of the firm's private equity platform, why it's so important to make employees owners, and how it's created a ripple effect in the industry. We covered:KKR's “we not I” culture.Why the most important trend in private equity going forward will be a shift from “balance sheet and income statement arbitrage to total cultural transformation.”Why and how culture is an advantage — and how KKR sustains its competitive advantage.The power of a scaled platform and why the division of labor is important as firms grow.What Pete means by “persistence in process.”How can companies encourage people to act like owners, and why is it so important for employee retention and productivity?How can sharing equity ownership be used as a tool to change culture?The impact the private equity industry can have through its ability to cascade change.BioPete Stavros (NewYork) joined KKR in 2005 and is Co-Head of Global Private Equity. This includes oversight of assets across Europe, Asia and the Americas and traditional large and mid-cap private equity, core and growth equity. Prior to this role, Pete served as Co-Head of the Americas Private Equity platform. He is a member of several investment committees at KKR. As an investor, Pete has helped lead a number of successful investments across sectors and sizes, including HCA Healthcare, Nielsen, Gardner Denver / Ingersoll Rand, Capsugel, Capital Safety, Hyperion, Flow Control Group, Charter Next Generation, Minnesota Rubber and Plastics, Geostabilization International, Crosby Group and CHI Overhead Doors. Prior to becoming Co-Head of Americas Private Equity, Pete led the Industrials industry team where he pioneered an innovative employee engagement and ownership model. This approach has been successfully implemented at more than 90 KKR companies and has positively impacted more than 200,000 workers. Pete is the Founder and Chairman of Ownership Works, a non-profit focused on building a worker ownership movement globally and enhancing the financial resiliency of the workforce. The goal of Ownership Works is to create more than $20 billion of wealth for working families over the next decade. Pete is also the Founder and Chairman of Expanding ESOPs, an organization focused on dramatically expanding the number of Employee Stock Ownership Plans (ESOPs) in corporate America. Prior to joining KKR, Pete was an investor with GTCR Golder Rauner, where he was an investor in the healthcare sector. He holds a B.S. in Chemistry, magna cum laude, from Duke University and an M.B.A. with high distinction, Baker Scholar, from Harvard Business School.Thanks, Pete, for sharing your wisdom, expertise, and passion on private equity and making everyone an owner. Show Notes00:00 Live From AGM Field Trip at KKR Studio In NYC00:29 A Message From Ultimus Fund Solutions02:00 Meet Pete Stavros02:09 The Story of Joining KKR02:33 From Interviews To NYC03:08 All About Collaboration03:02 A No Star Culture04:03 How Culture Is Sustained04:43 Ritz-Carlton Analogy05:23 No Star Culture05:29 Culture Shapes Investing05:54 Platform Resources Edge06:24 Capital Markets Bench06:41 Macro And Ops Experts06:52 Making Resources Work07:52 Consistency And Process08:40 Evolving Value Creation08:46 Gardner Denver / Ingersoll Rand Case09:25 Value Engineering Method10:09 Warehouse Teardown10:54 Customer Feedback Loop11:25 Sixty Million In Savings11:50 Culture As The Next Frontier12:16 Defining Transformation12:27 Workforce Crisis Stats13:08 Problems Are Global14:28 Underwriting Culture Risk15:12 Leadership Makes It Work16:00 Ownership Done Right17:06 BBEO Origins19:10 Early Mistakes Learned19:30 Scaling To 85 Companies19:59 CoolIT Exit Results20:48 Closing The Wealth Loop21:12 Financial Literacy Journey21:45 Truck Loan Lesson23:39 Building Resilience Stack24:15 Exit Support Package24:37 Industry Adoption25:40 Ownership Works Launch27:04 Street Loan Cautionary Tale28:00 Why Share The Playbook30:02 Taking Ownership Global30:56 International Rollout31:31 Local Culture Differences32:15 State Of Private Equity32:40 Is Software Dead33:09 KKR Software Approach34:26 AI At Portfolio Scale34:55 One Hundred Thirty Tests35:35 Buying The Fear Trade35:49 Accounting Is Not Dead37:08 Closing ThoughtsA Word from Our Sponsor, UltimusThis episode of Alt Goes Mainstream is brought to you by Ultimus, the full-service fund administrator and transfer agent powering asset managers in private and public markets. As alts go mainstream, you need real expertise to handle complex fund structures, connect with key distribution partners, and handle sophisticated compliance, reporting, and transparency demands.That's Ultimus: high-tech, high-touch solutions for over 450 clients and 2,500 funds with $775B in assets under administration. Backed by an expert team of over 1,200 employees, they place client service at the core of their business, helping you navigate complexity during your fund structuring or launch and then supporting you through every stage of growth. Whether you're already in the market or thinking about entering private wealth, you can trust their team's deep expertise in retail alternatives to help you reach your goals.Learn more at ultimusfundsolutions.com or email info@ultimusfundsolutions....

Trading card crazes might teach surprisingly sharp lessons about market downturns, smart investments, and long-term financial survival. Host Charisse Rivers unpacks strategies for navigating market volatility and potential Social Security reductions. Unpacking everything from market pullbacks to portfolio diversification, this episode explores how custom exit strategies, zero-loss solutions, and safe-money buckets help shield retirement plans from economic shifts. Learn how stress-testing an income strategy creates lasting confidence, protects future legacies, and ensures financial independence through every market cycle. Like this episode? Hit that Follow button and never miss an episode!

What if building wealth wasn't just about numbers, but about knowing yourself, trusting your gut, and playing the long game with intention? In this episode of The Greatness Machine, Darius sits down with Tamar Hermes—wealth coach, real estate maven, and founder of Wealth Building Concierge—for a masterclass in intuitive investing. With a blend of grounded wisdom and sharp strategy, Tamar unpacks how she measures risk not by rigid formulas, but by asking one bold question: “How much can I lose without being destitute?” From there, she takes us on a journey through her investing mindset, why she breaks free from the traditional “net worth percentage” playbook, and how real estate became her favorite tool for building lasting, generational wealth. In this episode, Darius and Tamar will discuss: (00:00) Introduction and Guest Introduction (02:28) Tamar's Origin Story and Early Experiences with Money (06:29) The Impact of Family Background on Money Mindset (09:33) Fear and Trust in Money Management (13:03) Transitioning from Scarcity to Abundance Mindset (15:50) The Skills of Making and Keeping Money (20:29) Learning from Investment Mistakes (23:40) Money as Energy and Its Flow (28:46) Upcoming Mentorship Program for Women (29:13) Empowering Women in Wealth Management (31:06) Personal Investment Journeys and Risk Tolerance (33:45) Understanding Investment Personalities (37:43) Investment Strategies and Risk Management (41:01) Capital Allocation: The Single, Double, Triple Approach (46:18) Navigating Current Economic Challenges (52:51) Transitioning from Employee to Entrepreneur (57:06) Overcoming Barriers to Greatness Tamar Hermes is the founder of Women Growing Wealth, a dynamic platform empowering high-achieving women to invest with confidence, grow real wealth, and build thriving portfolios—strategically and in community. With over 25 years of experience and an 8-figure personal portfolio, Tamar specializes in passive investing, real estate scaling, and smart tax strategies that yield long-term security and 10%+ annual returns. She's the bestselling author of “The Millionaire's Mentality” and the driving force behind the Investor Mastermind, where hundreds of women have transformed their financial lives. Tamar's mission? To help women stop playing small and start building wealth with clarity, courage, and community. Book a 30-minute call with Tamar: https://calendly.com/tamar-hermes/30min Connect with Tamar: Website: https://womengrowingwealth.com/  LinkedIn: https://www.linkedin.com/in/tamar-hermes-53b9114a Email: tamar@womengrowingwealth.com Book: https://tamarbook.com/ Connect with Darius: Website: https://therealdarius.com/ Linkedin: https://www.linkedin.com/in/dariusmirshahzadeh/ Instagram: https://www.instagram.com/imthedarius/ YouTube: https://www.youtube.com/@Thegreatnessmachine  Book: The Core Value Equation https://www.amazon.com/Core-Value-Equation-Framework-Limitless/dp/1544506708 Write a review for The Greatness Machine using this link: https://ratethispodcast.com/spreadinggreatness. 

This week's throwback guest is Mando Sallavanti. He'sd had many peaks and valleys in finding himself, going from the thoughts of becoming a professional football player, to his rock bottom moment when the Pandemic canceled his final season of college football. After deciding to become a financial planner, he went from making $360 in his first 3 months, to having over 100 clients, managing millions of dollars.He can help with Tax Planning, Budgeting, Benefit Review, Debt Management, Insurance Planning, Wealth Management, and if you need cigar recommendations, he can help with that too. In this week's episode, we discussed:Don't Confuse Actively For Productivity Work Ethic From Being OverweightNot Internalizing Other's ProblemsPaying For Saving TimeThe Cost of Change vs. Staying The SameHow To Invest in Yourself 101Much MorePlease enjoy this week's episode with Mando Sallavanti. Armando Sallavanti is a registered representative with and offers securities and investment advisory services through MML Investors Services, LLC. Supervisory Office: 2 Bala Plaza, Ste 901, Bala Cynwyd, PA 19004. Tel: 610-766-3000.____________________________________________________________________________I am now in the early stages of writing my first book! In this book, I will be telling my story of getting into sales and the lessons I have learned so far, and intertwine stories, tips, and advice from the Top Sales Professionals In The World! As a first time author, I want to share these interviews with you all, and take you on this book writing journey with me! Like the show? Subscribe to the email: https://mailchi.mp/a71e58dacffb/welcome-to-the-20-podcast-communityI want your feedback!Reach out to 20percentpodcastquestions@gmail.com, or find me on LinkedIn.

Modern Wealth Management President and Co-Founder Jason Gordo discusses the firm's rapid growth, its focus on clients with $1 million to $10 million in investable assets, and how its organic growth hub is helping advisors generate new opportunities. He also explains how the firm's “confidence score” helps advisors better understand client priorities and deliver more meaningful financial planning conversations.

Logan Giland is Director of Wealth Management at Bluespring Wealth stress the importance of an objective expert managing their portfolio in this volatile market. See omnystudio.com/listener for privacy information.

CEO Dave Spano and Dr. Brian Jacobsen unpack the Fed's latest rate hike, explain why inflation still isn't passing the sniff test, and discuss what rising long-term interest rates mean for investors. They break down surprisingly strong U.S. economic data, from hot retail sales to business spending, while contrasting it with China's ongoing economic struggles. The conversation also explores how oil market disruptions, global geopolitics, and policy uncertainty could shape markets in the months ahead.  Plus, segments on entering the 'Retirement Red Zone' and how the younger generation is looking at investing.

Pokemon trading cards might just teach you more about modern wealth management than traditional financial headlines ever could. In this episode of Retirement Coffee Talk, host Charisse Rivers breaks down unconventional income strategies, navigating stock market pullbacks, and the real possibility of future Social Security benefit reductions. Learn how proactive asset allocation, active portfolio adjustments, and structured income plans protect your life savings from unexpected economic shifts. Whether you are managing family dynamics or mitigating market volatility, discover actionable guidance to build confidence and financial resilience for your future. Like this episode? Hit that Follow button and never miss an episode!

In this episode, host Bidemi Ologunde speaks with Lisa Clements, financial advisor, wealth manager, and President/Owner of Clear Springs Wealth, about how single professional women can build financial confidence, create long-term wealth, and make money decisions that support the lives they actually want. Why does financial planning look different when there is no spouse or second income? Can a high earner still lack financial confidence? What should single women prioritize when it comes to investing, retirement, risk, and solo aging? Lisa shares practical insights on turning financial success into greater independence, flexibility, and freedom.

The Federal Reserve raised rates by 25 basis points and signaled that additional increases may follow as inflation remains its primary focus. While the economy and equity markets have shown resilience, investors should prepare for continued uncertainty and volatility. AI investment remains a major driver of earnings and growth, but a slowdown could pressure equities. With the 10-year Treasury yield near 5.00%, real assets may provide additional portfolio diversification amid higher rates and ongoing price pressures. Hear additional market and investment perspectives during the Key Wealth National Call: Countdown to the Midterms — Politics, Policy, and Your Portfolio on September 29, 2026, at 3:00 PM ET. Speakers:Brian Pietrangelo, Managing Director of Investment StrategyGeorge Mateyo, Chief Investment OfficerRajeev Sharma, Head of Fixed IncomeStephen Hoedt, Head of Equities Time02:30 — Retail sales rebound while industrial production levels off03:39 — The Federal Reserve raises rates and signals further tightening11:09 — AI investment faces growing political and economic scrutiny16:35 — Higher yields create pressure across key equity sectors19:16 — Real assets offer diversification against inflation and market volatility Additional ResourcesRegister Now: Key Wealth National Call: Countdown to the Midterms — Politics, Policy, and Your PortfolioRead: Key Questions: Is Kevin Warsh having an “Alan Greenspan Moment?" Key QuestionsWeekly Investment BriefSubscribe to our Key Wealth Insights newsletterFollow us on LinkedIn

Financial independence isn't just about saving as much as possible—it's about making thoughtful decisions with your money along the way. In this episode, we discuss how to balance enjoying life today with competing financial priorities such as buying a home, saving for college and preparing for retirement. Learn how to prioritize your goals, navigate tradeoffs and build a financial plan that supports both your current lifestyle and long-term vision.  Check Out Our Investor Guide Series: https://www.premieriwm.com/investor-guides  Get started on your path to financial freedom: www.premieriwm.com  Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC. The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, consult with your attorney, accountant, and financial or tax advisor prior to investing. Premier Investments & Wealth Management and LPL Financial do not provide tax advice, please consult your tax professional. Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes. The purchase of certain securities may be required to effect some of the strategies. Investing involves risks including possible loss of principal. Dollar cost averaging involves continuous investment in securities regardless of fluctuations in price levels. Investors should consider their ability to continue purchasing through periods of low price levels. Such a plan does not assure a profit and does not protect against loss in declining markets. Prior to investing in a five twenty nine Plan, investors should consider whether the investor's or designated beneficiary's home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state's qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.  This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.

Michael Brady says he has perfect clients and he means it.Frank sits down with Michael, founder of Generosity Wealth Management, to unpack how his career took a hard turn away from traditional financial planning. Michael shares the story of a longtime client, one of the first AIDS doctors in Boulder, who retired and went on to train doctors in Uganda, a moment that pushed Michael to eventually take two years off with his wife to travel and volunteer before starting his own firm in 2008.Michael shares how upfront he was with prospective clients from day one about exactly what kind of advisor he is, so the people who are not a fit filter themselves out naturally, a dynamic Frank names himself, calling it positive friction. Frank pushes him to explain what having perfect clients actually looks like in practice and Michael walks through how deeply charity is woven into his firm, from inviting clients onto nonprofit boards alongside him to requiring every advisor at Generosity Wealth Management to serve on a board of their own.The conversation covers how this approach builds real trust and referrals, not just goodwill and why Michael believes purpose driven practices attract clients who stay for decades.Questions answered in this episode include:What does it mean for a financial advisor to have perfect clients?How do you build a financial advisory practice around philanthropy?What is positive friction and how does it help attract the right clients?How can financial advisors get their clients involved in charitable boards?Why does Generosity Wealth Management require advisors to serve on a nonprofit board?How do you know if a charity or nonprofit is legitimate before getting involved?What does it look like to build a business centered on purpose instead of just revenue? Chapters:00:00 Introduction: Perfect Clients 01:06 From Financial Planning to Purpose 06:35 Founding Generosity Wealth Management 07:24 What Perfect Clients and Positive Friction Really Mean 12:14 Integrating Charity Into Every Client Relationship 19:28 Turning Clients Into Board Members 29:30 Why Every Advisor at the Firm Must Give Back 37:10 How to Reach Michael Brady Michael Brady, Generosity Wealth Management: https://generositywealth.comResources:- Elite Consulting Partners: https://eliteconsultingpartners.com- Elite Marketing Concepts: https://elitemarketingconcepts.com- Elite Advisor Successions: https://eliteadvisorsuccessions.com- JEDI Database Solutions: https://jedidatabasesolutions.com- Elite Wealth Management Insights Report: https://eliteconsultingpartners.com/insight-report- Listen to more: https://eliteconsultingpartners.com/podcasts/- LinkedIn: https://www.linkedin.com/company/elite-consulting-partners/

Welcome back to the Alt Goes Mainstream podcast.We went to Miami to sit down with the professor of infrastructure investing and Founder, Chairman, and Managing Partner of I Squared, Dr. Sadek Wahba. Sadek has blended academic knowledge and a practical approach to infrastructure investing to build I Squared into a $60B infrastructure investment firm in 14 years, some of which he has adroitly distilled into the 2024 book that he authored, Build: Investing in America's Infrastructure.We had such a fascinating and wide-ranging discussion that I've decided to break down our conversation into chapters.“We are enormously boring by design”: From the World Bank to building a $60B infrastructure investing behemoth[00:00:00–00:16:19]Sadek has been investing in a category, infrastructure, that he calls “invsible until it's missing.” He's brought experience as an economist at The World Bank and running Morgan Stanley Infrastructure as CEO to bear as he has built out I Squared into a leading infrastructure investment firm.Some notable quotes from this chapter:“You open your tap water, you never think where the water comes from … So you take a lot of that for granted.”“For better or worse, it may say something about us being enormously boring, but the only thing we do is infrastructure.”“With the boom in AI, and the need for power and data centers … add another five-plus trillion dollars that will need to be invested in transmission lines, power generation, data centers, fiber optics and all sorts of infrastructure.”No free lunch: ownership, regulation, and the ghost of Flint[00:16:19–00:32:40]U.S. infrastructure has shifted from private ownership to overleveraged municipalities. Sadek breaks down what has gone wrong with different infrastructure investment models around the world by dissecting who owns an asset, who manages it, who regulates it, and why collapsing those three roles into one is exactly what happened in Flint, Michigan.Some notable quotes from this chapter:“I'm sorry to say, but there's no free lunch. Whether it's a public good or not, that public good requires inputs, produces an output, and someone has to pay for it.” “There are three things that matter when you think about infrastructure: the ownership of the asset, who manages it, and who regulates it. If the entity that owns, manages, and regulates it are the same, you have a problem.”“They managed it, they regulated it, and they owned it. So if I wanted to complain to the regulator … the manager is the regulator. But the real owner is the manager who's also the regulator.” (Sadek on what happened in the Flint, Michigan water crisis).If it sounds too good to be true, it probably is[00:32:40–00:51:06]Sadek takes us inside I Squared's investing playbook. He discusses why they walked away from a Norwegian gas deal promising 14-15% returns, and why regulatory risk is the hardest thing to underwrite. Sadek also shares where he believes value is created in the next decade.If it's too good to be true, then it's probably not true. And that, for me, is rule number one.” “How can you make a return of 14%, 15% on something which is a hundred percent regulated and where you take very little risk? That, to me, doesn't exist.” “The adoption of AI technology is probably the single biggest opportunity we see in infrastructure over the coming years.”Fishing in a different pond: the mid-market and the democratization of infrastructure[00:51:06–01:07:19]Sadek explains how a firm that has a $15B fund to deploy still focuses on the “mid-market,” why banks have abandoned the $50-100M loan, and why individual investors can play a role in financing assets that they use every day.“Our funds could be $15B in size … people say, “You're joking, right? That's not mid-market” And the answer is, well, no, it is … because we invest globally.”“I hope the day comes where most airports in the US are not owned by funds, but they're publicly listed. Instead of being owned by a municipality, you and I can buy the shares of that company.”“If regulators are not paid, they're not incentivized to do a good job.”Onshoring, national security, and what drives Sadek[01:07:19–01:17:15]Sadek shares why private capital can help fill the gap for funding infrastructure needs as growing government debt makes it harder for governments to keep footing the bill. He also discusses the case for onshoring beyond politics and what motivates him. “Private capital will per force play a critical role if you want to maintain sustainable economic growth rates. If you want lower per capita income, if you want higher unemployment … then don't have the private sector invest in it.”“I can think of two reasons [for onshoring] that have nothing to do with politics: national security, and supply chain issues."“What drives me is to be able to produce something that people find useful, that people use to better their lives. And if you can do that in any small way, I think that's enormously rewarding.”BioDr. Sadek Wahba is Chairman and Managing Partner of I Square Capital, an independent global infrastructure investment manager based in Miami, Florida, with $60 billion in assets under management.He has worked at Morgan Stanley where he was the CEO of Morgan Stanley Infrastructure, a global platform for infrastructure investment and as an economist at The World Bank. Sadek is an advocate for transformative approaches to infrastructure investment and a frequent commentator about the need for more investment in infrastructure to promote sustainable economic growth. He was a presidential appointment to the National Infrastructure Advisory Council, which advises the White House on reducing the physical and cyber risks and improving the security and resilience of critical infrastructure in the U.S. He was part of the expert committee on the World Economic Forum's first report on global infrastructure investments and was named Global Infrastructure Personality of the Year twice, as well as Global Infrastructure Personality of the Decade, by Private Equity International (PEI). He frequently appears on Bloomberg, CNBC, Nasdaq, and other networks, including Op-eds in the Financial Times and other leading journals.He holds a Ph.D. in economics from Harvard University, an M.Sc. in economics from the London School of Economics (LSE) and a B.A. in economics from the American University in Cairo. He is a published author on economic research and one of his publications was selected by MIT as one of their 50 most influential papers in the last 50 years His book Build: Investing in America's Infrastructure published by Georgetown University Press published in 2024 is in its second printing.Sadek is a Senior Fellow at the Development Res...

For years, wealth management firms have looked for ways to unlock wealth management growth, become more valuable to their clients, and differentiate themselves beyond traditional investment management. Financial planning, estate planning, insurance, and other services have become increasingly important pieces of the client relationship. But one area continues to stand out as both a major opportunity for financial advisor tax planning and a major operational challenge for advisory firms: tax. Many advisors understand the value of financial advisor tax planning. The problem is execution. Building an in-house tax practice can require finding and retaining talent, integrating outdated technology, managing a seasonal workload, and creating systems that connect tax professionals with the broader wealth management team.   In this episode of The Model FA Podcast, David DeCelle sits down with Raj Doshi, President and COO of April, to discuss how embedded tax technology is changing the way financial advisors and wealth management firms serve their clients. Raj explains why tax returns represent one of the most comprehensive sources of financial information available, and how firms can leverage embedded tax technology to uncover opportunities, deepen client relationships, and drive tax-driven client acquisition. David and Raj also explore the growing demand for family office-style services, why clients increasingly expect their financial professionals to work together, and how technology can help advisors offer tax services without necessarily building a traditional tax department from scratch.   The conversation also covers Raj's career journey through McKinsey, Google, growth-stage companies, TaxAct, Avantax, and eventually April. Drawing from his experience participating in multiple business exits, Raj shares an important lesson for entrepreneurs and firm owners: the best way to prepare a business for an eventual exit is to stay focused on building a great business.   In This Episode, You'll Learn: • Why embedded tax technology is becoming a major competitive advantage for wealth management growth • How the tax return can provide one of the most comprehensive views into a client's financial life • Why advisors are increasingly looking to financial advisor tax planning to create alpha outside of portfolio management • How tax services can help advisors uncover held-away assets and new planning opportunities • Why clients often think about investments, taxes, insurance, and estate planning as part of one financial relationship • How April helps firms offer tax filing, tax planning, and tax data insights • Why advisors do not necessarily need to build or acquire a tax practice to offer tax services • How a three-way collaboration between the client, advisor, and tax professional can create a more connected experience • Why legacy tax software and disconnected systems can create major operational bottlenecks • How automation and AI can help tax professionals operate more efficiently • Why tax season creates a natural opportunity for advisors to engage clients and identify changes in their financial lives • How tax-driven client acquisition strategies improve prospect conversion, onboarding, and asset gathering • Why outsourcing tax work does not have to mean losing visibility into the client relationship • Raj's biggest lessons from participating in multiple business exits • Why entrepreneurs should keep operating and growing the business through the finish line, even during a sale process   Raj also shares how his career has evolved across consulting, technology, financial services, and entrepreneurship. After starting at McKinsey and later working at Google, Raj developed experience in corporate finance, wealth management, growth strategy, and building businesses. His time at Blucora, which owned both TaxAct and Avantax, gave him firsthand experience with embedded tax technology and financial advisor tax planning, ultimately shaping his path to April.   If you're a financial advisor or wealth management firm exploring how tax-driven client acquisition fits into your long-term wealth management growth strategy, this conversation offers a practical look at the opportunities and operational challenges involved. Whether you're considering tax filing, tax planning, better use of client data, or an embedded tax technology service model, Raj provides a useful framework for thinking about where the industry is headed.   Connect with Raj Doshi and April Connect with Raj Doshi: https://www.linkedin.com/in/rajrdoshi  Learn more about April: https://www.getapril.com/ Connect with April on LinkedIn: https://www.linkedin.com/company/getapril/   About the Model FA Podcast The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams.    Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered.    Our Team: President of Model FA, David DeCelle   If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

This week, Jack Sharry talks with Ann Covington, Founder & Financial Advisor at CovingtonAlsina. Ann is passionate about helping strong, successful women navigate increasingly complex financial lives. She brings a personal understanding of the challenges women face and the value of thoughtful financial guidance.  Ann talks with Jack about how the rise of women investors is reshaping wealth management. She also discusses the systems and workflows that have helped her scale the firm while delivering a consistent client experience, how tax planning can demonstrate the tangible value of advice, and why brand awareness built through education and community involvement matters more than any other marketing tactic.   In this episode: (00:00) - Intro (01:57) - Ann's unconventional path into financial advice (04:10) - Inside CovingtonAlsina and its growth trajectory   (06:24) - The strategies behind CovingtonAlsina's rapid organic growth (09:52) - Why Ann built her practice around serving women investors  (13:58) - How Ann attracts women investors  (16:05) - The shifting dynamics of women's roles in financial decision-making (18:23) - CovingtonAlsina's marketing playbook (23:43) - Using tax planning to demonstrate the value of advice (27:56) - Ann's outlook on the future of CovingtonAlsina (28:48) - Ann's interests outside of work Quotes "You have to go small to get big. When your marketing and branding are focused on one area, people opt in. People come to us to buy." ~ Ann Covington "On average, women see money as what it enables them to do for their family." ~ Ann Covington "We take the really complex, crazy stuff and make it simple for clients and give them peace of mind." ~ Ann Covington Links  Ann Covington on LinkedIn CovingtonAlsina SEI Women's Institute for Financial Education Daily News Brief Connect with our hosts LifeYield Jack Sharry on LinkedIn Jack Sharry on Twitter Subscribe and stay in touch Apple Podcasts Spotify LinkedIn Twitter Facebook

We sat down with Chris Hodge, Chief U.S. Economist at Natixis Corporate & Investment Bank Americas, for his outlook on monetary policy in the current rate cycle. Chris joins host Mark Gatto, co-Founder and co-CEO of CION Investments, to discuss whether recent economic data prints point to a disinflationary trend, and how AI capex is bolstering what Chris calls a "three-speed economy" amid flattened consumer spending and declining wage growth.

Nina Cleere | HARO Helper HARO Helper helps businesses get found, trusted, and recommended by Google, AI, and the people they want to reach. Founder Nina Cleere combines 20+ years of marketing experience with expertise in AI visibility, direct response writing, PR, and revenue growth to help businesses turn marketing into more leads and clients. […]

Stacey opens this episode with a hot take before Frank even gets a word in.Frank breaks down a comment made online by Cheryl Penny, founder and CEO of Dynasty Financial Partners, who argued that a financial advisor is only truly independent if they own their own RIA. Frank explains why he disagrees, using real examples of RIAs having their custodial agreements pulled by firms like Schwab and Raymond James, proving that ownership alone does not remove risk or outside control.Stacey pushes back on the idea of captive independence, pointing out that advisors at firms like LPL or Centera are not captive at all, they own their clients and their data and they can leave whenever they want. Frank walks through the real math behind a transition deal to show why taking a check from a firm does not trap an advisor either, since the note can simply be paid back.Stacey introduces what she jokes she should trademark, the spectrum of independence, the idea that independence is not binary but exists on a range from heavily branded wirehouse structures to fully self built RIAs, with plenty of legitimate options in between. Frank adds a real client example of an advisor who has stayed an IAR of an RIA for years because building his own simply is not worth the time and energy and explains how firms like Dynasty help advisors avoid reinventing the wheel with technology and pricing.The conversation turns pointed when Frank and Stacey discuss financial advisors being quietly penalized for keeping smaller clients as their book grows and whether that pressure from a firm should count against how independent an advisor really is. The episode closes with Stacey's real test for independence, if you cannot pick up and leave without restrictions, ask yourself how independent you actually are. Questions answered in this episode include:Is a financial advisor only truly independent if they own their own RIA?What is captive independence and is it a real risk for advisors?What is the spectrum of independence?How does a financial advisor transition deal actually work if you want to leave early?Why do some financial advisors stay as an IAR instead of building their own RIA?Should financial advisors be penalized for keeping smaller clients?What is the real test of whether a financial advisor is independent? Chapters:00:00 Introduction: You're Not as Independent as You Think 01:55 The Comment That Started the Debate 03:19 Layers of Termination and What True Independence Means 04:21 Captive Independence: Is It Real 09:38 The Spectrum of Independence 13:12 Finding the Right RIA Fit Without Reinventing the Wheel 16:23 Is Your Firm Punishing You for Smaller Clients 21:02 How to Reach Frank and Stacey Resources:- Elite Consulting Partners: https://eliteconsultingpartners.com- Elite Marketing Concepts: https://elitemarketingconcepts.com- Elite Advisor Successions: https://eliteadvisorsuccessions.com- JEDI Database Solutions: https://jedidatabasesolutions.com- Elite Wealth Management Insights Report: https://eliteconsultingpartners.com/insight-report- Listen to more: https://eliteconsultingpartners.com/podcasts/- LinkedIn: https://www.linkedin.com/company/elite-consulting-partners/

Guest: Chad Taylor, Founder, Seapoint Wealth Advisors (San Diego, CA) — Forbes 2026 Best-in-State Wealth Advisors (confirm firm name/URL before publishing)What you'll learn in this episode:• How do you know if your clients are truly loyal — and what does bringing over 100% of your book actually prove?• What finally makes it worth leaving a warehouse firm to go independent?• If everyone says “it's about service,” how do you make yours believable to a prospect?• Why does having a defined, written client process matter more than the pitch?• How should you think about risk management and insurance as a fiduciary — starting from the plan, not the product?• When do annuities make sense again, and what changed with higher rates?• What's driving the wave of practice acquisitions, and how do you assess cultural fit before you buy?• How do you help high earners overcome “lifestyle creep” and see whether they're actually on track? **This is the Optimized Advisor Podcast, where we focus on optimizing the wellbeing and best practices of insurance and financial professionals. Our objective is to help you optimize your life, optimize your profession, and learn from other optimized advisors. If you have questions or would like to be a featured guest, email us at optimizedadvisor@optimizedins.com Optimized Insurance Planning

Most advisors go into a transition focused on the upfront money. Very few are prepared for everything that happens after they walk out the door. Some surprises are good ones. Clients move faster than expected. Assets go up, not down. The income jump is real. But there are also things advisors consistently underestimate, overlook, and wish they had negotiated differently. In this episode of Advisor Talk, Frank LaRosa and Stacey Frank do a post transition breakdown of the things advisors wish they had known going in, including what they underestimate about client loyalty, what they leave on the table in negotiations, and the operational realities that no one warns them about until it is too late. Frank also breaks down the shrink to grow concept, why payout structure matters more than the upfront check long term, and why the first 30 days of a transition can make or break the entire move. Frank and Stacey also discuss what separates advisors who have a smooth transition from those who struggle, and why the more preparation you put in before the move, the less stress you will face after it. Questions answered in this episode include: How many clients do financial advisors actually retain when they switch firms? What do advisors consistently underestimate when making a move? Should a financial advisor negotiate payout or upfront money? What is the shrink to grow concept in financial advisor transitions? What operational issues do advisors face in the first 30 days after a transition? How should a financial advisor prepare their support staff before making a move? What should advisors ask firms to include in their transition support package? Chapters: 00:00 – What Advisors Wish They Knew Before Leaving 01:07 – Welcome to Advisor Talk 02:26 – The Biggest Surprise: Client Loyalty Is Stronger Than You Think 09:01 – The Income Jump Is Real: What the Math Actually Looks Like 12:50 – What Advisors Wish They Negotiated Differently 15:41 – Shrink to Grow: Why Not Every Client Should Come With You 18:13 – Operational Realities Nobody Warns You About 23:54 – How to Reach Frank and Stacey Learn more about Elite and our resources: Elite Consulting Partners | Financial Advisor Transitions https://eliteconsultingpartners.com Elite Marketing Concepts | Marketing Services for Financial Advisors https://elitemarketingconcepts.com Elite Advisor Successions | Advisor Mergers and Acquisitions https://eliteadvisorsuccessions.com JEDI Database Solutions | Technology Solutions for Advisors https://jedidatabasesolutions.com Elite Wealth Management Insights Report https://eliteconsultingpartners.com/insight-report Listen to more Advisor Talk episodes https://eliteconsultingpartners.com/podcasts/

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Mark Mascarenhas. Purpose of the Interview The interview aims to educate listeners—especially entrepreneurs, small business owners, and aspiring millionaires—on financial planning, wealth management, and risk mitigation strategies. It emphasizes the importance of discipline, clarity, and professional guidance in achieving financial success and sustaining wealth across generations. Key Takeaways Financial Planning is Foundational A written financial plan is the first step before any investment portfolio is built. Success is defined individually—financial, health, or lifestyle goals. Diversification & Risk Management Digital assets like Bitcoin should only make up 2–3% of a portfolio for high-net-worth clients with high risk tolerance. Fear and greed drive markets; advisors help clients maintain discipline. Long-Term Care & Insurance Planning for long-term care is essential, typically starting in your 50s. Term life insurance early locks in health; whole life policies provide stability and living benefits. Tax Strategy Use tax-loss harvesting, asset location strategies, and estate planning to minimize tax burdens. Estate planning focuses on transferring wealth tax-efficiently to future generations. Millionaire Mindset Millionaires are clear, disciplined, optimistic, and collaborative. 74% of millionaires work with financial advisors vs. 34% of the general population. Power of Compounding Compounding interest is the cornerstone of wealth accumulation—requires patience and discipline. Avoid lifestyle creep and impulsive spending, especially for younger millionaires and influencers. Fiduciary Responsibility Advisors act in the client’s best interest; success is mutual. Trust and transparency are critical in client-advisor relationships. Notable Quotes On Risk & Bitcoin:“You could potentially double your money, but you could also potentially lose 70% of it.” On Financial Planning:“Every dollar needs a job description.” On Millionaire Mindset:“Successful people view us as CFOs—they’re the CEOs.” On Compounding:“If you could win 72% of the time, would you play that game? Yes. That’s the stock market.” On Retirement Success:“Living the same or better lifestyle in retirement than you do today while working.” On Fiduciary Role:“We make more money when the client makes more money.” #SHMS #BEST #STRAW Money Making Conversations Master Class with Rushion McDonald is America's premier entrepreneurship, business leadership, financial literacy, and wealth-building podcast featuring successful entrepreneurs, executives, founders, celebrities, and industry experts sharing actionable insights for professional and financial success. Business Podcast Entrepreneurship Small Business Business Growth Financial Literacy Wealth Building Black Entrepreneurs Minority Business Leadership Executive Leadership Business Funding Marketing Strategies Personal Development Startup Advice Sales Training CEO Interviews Founder Stories Professional Development Economic Empowerment Business Success Networking Brand Building Innovation How to start a business Small business funding Entrepreneur success stories Business leadership podcast Wealth building strategies Black entrepreneur podcast Minority business development Marketing for small businesses Business growth strategies Startup funding opportunities Executive leadership training Financial literacy education Success mindset podcastSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Mark Mascarenhas. Purpose of the Interview The interview aims to educate listeners—especially entrepreneurs, small business owners, and aspiring millionaires—on financial planning, wealth management, and risk mitigation strategies. It emphasizes the importance of discipline, clarity, and professional guidance in achieving financial success and sustaining wealth across generations. Key Takeaways Financial Planning is Foundational A written financial plan is the first step before any investment portfolio is built. Success is defined individually—financial, health, or lifestyle goals. Diversification & Risk Management Digital assets like Bitcoin should only make up 2–3% of a portfolio for high-net-worth clients with high risk tolerance. Fear and greed drive markets; advisors help clients maintain discipline. Long-Term Care & Insurance Planning for long-term care is essential, typically starting in your 50s. Term life insurance early locks in health; whole life policies provide stability and living benefits. Tax Strategy Use tax-loss harvesting, asset location strategies, and estate planning to minimize tax burdens. Estate planning focuses on transferring wealth tax-efficiently to future generations. Millionaire Mindset Millionaires are clear, disciplined, optimistic, and collaborative. 74% of millionaires work with financial advisors vs. 34% of the general population. Power of Compounding Compounding interest is the cornerstone of wealth accumulation—requires patience and discipline. Avoid lifestyle creep and impulsive spending, especially for younger millionaires and influencers. Fiduciary Responsibility Advisors act in the client’s best interest; success is mutual. Trust and transparency are critical in client-advisor relationships. Notable Quotes On Risk & Bitcoin:“You could potentially double your money, but you could also potentially lose 70% of it.” On Financial Planning:“Every dollar needs a job description.” On Millionaire Mindset:“Successful people view us as CFOs—they’re the CEOs.” On Compounding:“If you could win 72% of the time, would you play that game? Yes. That’s the stock market.” On Retirement Success:“Living the same or better lifestyle in retirement than you do today while working.” On Fiduciary Role:“We make more money when the client makes more money.” #SHMS #BEST #STRAW Money Making Conversations Master Class with Rushion McDonald is America's premier entrepreneurship, business leadership, financial literacy, and wealth-building podcast featuring successful entrepreneurs, executives, founders, celebrities, and industry experts sharing actionable insights for professional and financial success. Business Podcast Entrepreneurship Small Business Business Growth Financial Literacy Wealth Building Black Entrepreneurs Minority Business Leadership Executive Leadership Business Funding Marketing Strategies Personal Development Startup Advice Sales Training CEO Interviews Founder Stories Professional Development Economic Empowerment Business Success Networking Brand Building Innovation How to start a business Small business funding Entrepreneur success stories Business leadership podcast Wealth building strategies Black entrepreneur podcast Minority business development Marketing for small businesses Business growth strategies Startup funding opportunities Executive leadership training Financial literacy education Success mindset podcastSee omnystudio.com/listener for privacy information.

Managing money shouldn't be complicated—but for many high earners, the traditional wealth management system feels more like a maze than a roadmap to success. In this episode of The Greatness Machine, Darius sits down with Adam Dell, founder of Domain Money, to explore how financial planning can be simplified for high-earning professionals. Adam shares insights on why traditional wealth management often falls short, the importance of a clear financial roadmap, and how Domain Money is transforming the industry with a transparent, flat-fee approach. In this episode, Darius and Adam will discuss: (00:00 Introduction to Adam Dell and His Journey (04:45) The Evolution of Entrepreneurship (10:12) Navigating Exits and Corporate Transitions (14:58) The Importance of Feedback and Iteration (19:55) Diverse Ventures and Problem Solving (24:50) Wealth Management and Domain Money's Mission (27:20) The Evolution of Wealth Management (30:06) Understanding Domain Money's Target Audience (33:47) Differentiating Domain Money from Traditional Advisors (40:11) The A La Carte Approach to Financial Planning (44:55) Navigating Investment Decisions and Market Trends (49:12) Future Aspirations for Domain Money Adam Dell is the Founder and CEO of Domain Money and a serial entrepreneur with four successful exits, including Clarity Money (Goldman Sachs), MessageOne (Dell), Buzzsaw (Autodesk), and Civitas Learning (Francisco Partners). Previously a partner at Goldman Sachs, he led product development for Marcus by Goldman Sachs, launching Marcus Invest, Marcus Checking, and Marcus Insights. Adam has also served as an adjunct professor at Columbia Business School and the University of Texas School of Law. He holds a B.A. from Tulane University and a law degree from the University of Texas. Connect with Adam: Website: https://www.domainmoney.com/  LinkedIn: https://www.linkedin.com/in/adamdell/  Twitter: https://x.com/adamdell  Connect with Darius: Website: https://therealdarius.com/ Linkedin: https://www.linkedin.com/in/dariusmirshahzadeh/ Instagram: https://www.instagram.com/imthedarius/ YouTube: https://www.youtube.com/@Thegreatnessmachine  Book: The Core Value Equation https://www.amazon.com/Core-Value-Equation-Framework-Limitless/dp/1544506708 Write a review for The Greatness Machine using this link: https://ratethispodcast.com/spreadinggreatness.