BUDGETING 101 FROM BALTIMORE WASHINGTON FINANCIAL ADVISORS with Sandy Hornor, CEPS Managing Director, Wealth Management & Executive Manager, BWFA and special guest Tyler Kluge, CFP®, CPWA®, CDFA®, CEPS Financial Planner, BWFA The post EP32: Budgeting 101 – 12.1.22 appeared first on Baltimore Washington Financial Advisors.
For this week on the Crossing Borders podcast, we're revisiting one of our greatest hits episodes featuring Pedro Moura, Co-Founder, and CEO of Flourish Fi. We hope you enjoy this conversation as much as we didPedro Moura moved from Natal, Brazil to the US at a young age, overcoming many challenges while always trying to build a better future for himself, his family and his region. His perseverance and grit guided him to create a company that he is truly passionate about. In this episode of Crossing Borders, Pedro tells the story of his career path and how taking a risk on what he really believed in led him to found Flourish, a B2B SaaS company that empowers people to establish positive money habits. In this episode, I sat down with Pedro to discuss how he landed on the idea for Flourish, what companies can do to attract foreign talent, and how to think of a business from a global perspective.Finding a fit in financial inclusionPedro's story is truly inspirational. He moved to Northern California from Brazil when he was young, and his mother worked tirelessly for the family. Pedro attended UC Davis, studying Economics and International Relations, then venturing into Wealth Management at Morgan Stanley. However, he soon realized the position was not the best fit for him. After joining Opportun, a startup dedicated to making financial services more accessible, Pedro realized his passion for financial inclusion and decided to start Flourish. Listen to this episode of Crossing Borders to learn more about Pedro's career path and what led him to Flourish. Attracting talent overseasA key part of Pedro's story was his decision to ‘cross a border' to build something great. With talent today more mobile than ever before, some countries are still more hesitant than others to recruit from out-of-country. Despite political immigration boundaries, the culture of international collaboration is healthy and thriving. Find out more about the opportunities that lie in hiring across borders in this episode of Crossing Borders.Chasing your passionWhile Pedro was still working at the bank, he saw a TV program that inspired him to learn more about companies that were driven by social issues: specifically, the disparity between the Latin American community and the world of financial services spoke to him. This experience sparked Pedro's curiosity and led him to Opportun and then to founding Flourish. Learn more about how Pedro discovered his passion in this episode of Crossing Borders.Pedro Moura's story is inspiring in more ways than one. Adapting to a new environment at a young age and thriving required perseverance and hard work. By following his passion, he took several career risks to serve the Latin American community. Join us to learn his story and what he is building at Flourish. Outline of this episode:[1:90] – About Flourish[3:35] – Pedro's move to the US[7:00] – Adapting to a new culture at a young age[8:30] – Advice on attracting talent[12:30] – From wealth management to Oportun[16:30] – Why starting a company was the natural next step[18:30] – How geography plays a part in the business[22:10] – What is Flourish's next step[23:20] – What advice would you offer your younger self?[25:30] – Where do you see Flourish 2 years from now?Resources & people mentioned:Pedro MouraFlourishBook: The Brain That Changes Itself
Many who pursue a real estate career want to get out of the limiting corporate space and write their own success stories. This mindset pushed Bailey Kramer to invest in this space even before graduating college. Now, he manages short-term rentals across four states. He joins Craig Curelop and Zeona McIntyre to share how he started in multi-family, tried fix and flip, and did long-term rentals before becoming an Airbnb host. Bailey talks about how acquiring an old lake house allowed him to generate huge profits from bookings even without putting proper marketing plans in place. Affiliates1. www.rentredi.com and use our CODE: INVEST2FI to get 50% off on their first 6 months.www.rentredi.com — CODE: INVEST2FI 2. Kaplan Real Estate Education (we have the recording as well)They can go to the website -https://www.kapre.com/ and use our CODE - Invest2 3. AirBnB Hosting courseThis course is designed to walk you step by step from purchasing a property, setting it up to rent, to becoming an AirBNB SuperHost.You can register FREE COURSE here:https://www.stepbystepbnb.com/a/2147508384/zG79Sujh 4. Rocket Dollar - Rocket Dollar is a provider of self-directed retirement accounts for individuals. Through our accounts, our customers are no longer limited to the investments offered by traditional retirement account providers. With a Rocket Dollar account, account holders can invest in anything they want with "checkbook control." Allowed investments include real estate, private equity, small business and peer to peer lending, and much more.Link:https://www.kqzyfj.com/click-100586418-13920066 5. Personal Capital - Financial Software and Wealth Management. You get $20 Dollar when using the link belowhttps://personalcapital.sjv.io/zaMMqx 6. Beyond PricingAutomated dynamic pricing solutionFree 30-day trialLink:beyond.sjv.io/b3XBN9 7. Price labs - is a Revenue Management for Vacation Rentals- Get $10 off from your first bill. Link:https://pricelabs.co/users/sign_up?referral=7GlSXn 8. Rethink the Rat Race - Air BnB course- Get a discounted price for the courseLink:https://invest2fi--rethinktheratrace.thrivecart.com/remote-airbnb-management/
Fear and anxiety around your money can sabotage your approach to investing. Either your fear causes you to take unnecessary risks, or it makes you as conservative as sticking your money in a savings account. That's the bad news. The good news?... Calming your fears is easier than you think. In this episode Brad shares the 3 types of fears that could hinder your investing goals and some simple ways to overcome them. Listen now. Show Highlights Include: Breaking Down Fear. (2:26) 3 Of The Most Common Fears. (6:33) There Could Be Teachable Moments. (11:28) Crisis Brings Out The Best And Worst In Us. (16:15) The Human Connection And Oxytocin. (19:45) Health Versus Wealth. (21:05) To schedule your complimentary retirement track review, head to https://onecapital.com. You can also call us at 805-410-5454 or text the word ‘TRACK' and we'll reach out to you. Want to WATCH the show? SUBSCRIBE to our YouTube Channel here: The Make Your Money Matter YouTube Show
Tim Welsh, CFP®, President, CEO and founder of Nexus Strategy, LLC, a leading wealth management consulting firm, joins me on today's episode of Bridging The Gap. One of the most insightful, knowledgeable members of our community, Tim shares his insights about wealth tech, the industry as a whole, and the technology within our industry. We discuss Tim's views for the future of technology, where he sees it going, stepping away from the “white glove service” to add automation to your firm, and the new marketing rule the SEC has introduced. We also dig into how advisors can get lost in their existing success and lose the opportunity to grow. This is a favorite conversation of mine with a favorite person in our industry. Guest Bio:Timothy D. Welsh, CFP® is President, CEO and founder of Nexus Strategy, LLC, a leading consulting firm to the wealth management industry. Nexus Strategy's primary focus is working with leading organizations to best market their products, services and technology to the independent advisor community.Prior to founding Nexus Strategy, Tim was Director of Business Consulting Services for Schwab Advisor Services where he led the development and marketing of practice management resources for independent advisors. While at Schwab, Tim also held senior roles in Strategy, Marketing, Advertising, PR and Industry Content development.Prior to joining Schwab, Tim was vice president at Merrill Lynch where he was responsible for marketing, product development and financial advisor training for the financial planning group.Tim is frequently quoted in the wealth management media on a wide range of business management and industry topics. He is the author of a number of industry white papers, a regular columnist for RIABiz, ThinkAdvisor, and wealthmanagement.com, and is a frequent speaker at industry conferences and events. Tim earned a bachelor's degree in Economics from the University of California, Berkeley and an MBA in Finance from the University of Colorado's Leeds School of Business.Tim holds the Certified Financial Planner, CFP® designation and served as an elected member of the Financial Planning Association's National Board of Directors.Mentioned in this episode:Benjamin
Having more than 25 years of experience, Procyon Partners' Co-Founder, Phil Fiore, has extensive experience and expertise in the investment advisory space. In addition to being a co-founder of Procyon in 2017, Phil formerly held the positions of Senior Vice President of Wealth Management at UBS, Senior Institutional Consultant, Senior Retirement Plan Consultant, and member of the Institutional Consulting Group and its Advisory Council. 401KWire twice named Phil one of the Nation's 300 Most Influential Advisors in the Defined Contributions Arena, The Financial Times recognized him as one of their Top 400 Advisors in 2014, and Barron's named him one of their Top 1,200 Financial Advisors in 2015. Given all these accomplishments and experiences, Phil is equipped to speak with authority in the wealth management space, but, when Phil was younger, the term “wealth management” wasn't even in his lexicon. Coming from a first generation immigrant Italian family, Phil spent most of his early life believing that soccer would be what his future held. His father, a traditional Italian man, created the PAL Soccer League in his hometown in Connecticut. While his father instilled within him a go-and-get-it-yourself attitude as opposed to handing him money (a rudimentary business skill), soccer was indeed what his heart was set on. Nevertheless, professional soccer only existed in Europe at the time Phil graduated college, so he had to figure out a new path. At first, his intended path was law school, but sometimes life chooses for you what you're meant to do. In his late 20s, he was presented with an opportunity to join a business he couldn't refuse which led tohim became the highly regarded leader and dealmaker he is today. THE NEW WAVE OF BREAKAWAY Procyon Partners is a prime example of a new wave of breakaway RIA firms. Traditionally, RIA breakaways were wealth management practices run by advisors establishing their own businesses for their own reasons - mainly escaping big firm bureaucracy and limitations or the desire to be self-employed. On the other hand, a new wave of breakaways was ushered in, with Procyon being one of those to breakaway with new additional motivation: Authentic, strategic growth from the start. This is growth with intention, not growth for the sake of growth, but growth with the purpose to build a stronger organization that can service clients more fully and comprehensively. Though Phil and his fellow founding partners started out in wirehouse firms (a full-service broker-dealer), they realized that their specialty expertise in retirement consulting and other key service offerings excelled well beyond the wirehouse's “full-service” paradigm. As a result, they made the decision to leave the wirehouses. “An exciting journey, for sure,” says Phil, but certainly not without its challenges. One of the biggest hurdles faced by Phil and his new company was actually the freedom they had to operate as they pleased. They had to take a step back and evaluate their circumstances, and not act on impulse, but rather conduct their business in a manner that was best for their clients and for their business. Another decision made in 2017 by the Procyon founding partners, was to collaborate with Dynasty Financial Partners. Due to Dynasty's well-established standing, they were able to offer analytics, experienced transition, and operational support to Procyon in ways that would otherwise be inaccessible to them at their founding. This decision gives Procyon the ability to focus on transitioning their clients and providing personalized service at a high level for high-net-worth individuals, families, and business owners. In 2022, this partnership is still in place, and Procyon's founders continue to benefit from and deeply appreciate the exceptionality, support and partnership that Dynasty offers. A STRATEGIC GROWTH-DRIVEN MINDSET Procyon Partners' authentic, strategic growth-driven goal was present from the beginnng in 2017. Their start focused on organic growth by the founding partners going out and attracting business on their own; however, their inorganic growth via bringing on new advisors has been what gave them their largest leg up. It's important to note that there is no one specific way to achieve growth, what works for one business may not work for another. Depending on business model and industry, primarily organic growth may be best, inorganic growth may get you further, or a combination of the two may be where the sweet spot is. For most businesses, a balance of the two is usually preferred, but in the RIA space, inorganic growth has become a huge drive of success for most of the fastest growing firms. The model Procyon decided to use for their growth is “One Team, One Dream”. Phil explains that, for example, many M&A transactions may operate as “Corey Wealth Management, Powered by Procyon”, and while there's nothing wrong with this, Phil believes that by operating with unity, they're able to achieve more growth. Phil, alongside his Procyon founding partners, decided from the start they wanted their business to operate as one, with everyone who is coming in being in the same boat, rowing towards the same dream. That can provide some obstacles in finding the right people for your business, but in the end, when the right people come together, wonderful things will happen. Additionally, Phil emphasizes that bringing in talent who are eager to be there, people who can act as leaders in your firm will help your company run like a well-oiled machine. You can generate a lot more growth by bringing in strong, enthusiastic talent as opposed to bringing in what's available merely because it's available or who doesn't want to genuinely work with you. The latter will undoubtedly work against your growth prospects. AUTHENTICITY IN A COMPETITIVE MARKET As the RIA space grows, genuine talent becomes more difficult to find, and of course bringing on talent is paramount to growth– organic or inorganic. How does a firm set themselves apart, and attract talent to bring on board? For Phil, the answer is simple: Authenticity. Procyon's message is deliberately authentic to attract authenticity. Many – not all – firms will promise the stars, and only deliver on half the sky. For Procyon, it's imperative to: Be transparent in what his firm can offer Authentic in wanting to build a beneficial relationship Keeping expectations grounded so they can be exceeded Hiring the right people with the right motivation and incentives By keeping things transparent and authentic, and not making unrealistic promises, Phil believes Procyon gleans beyond other firms who may not practice with this type of authenticity. Furthermore, they choose to set themselves above by being proactive in their hiring, choosing people who are good at what they do, and nurturing that talent with the right motivation. Not just comp, but something tangible so they can build, create, and grow with enthusiasm. “One Team, One Dream”: It's a philosophy that's not just words for Procyon, but one that is in chronic practice. A PIVOTAL DEAL In May 2021, Procyon Partners acquired Pivotal Planning Group, whose partners became partners in Procyon. This transaction was so much more than cutting a check to add clients, it was a meaningful partnership for both Procyon and Pivotal. What Phil describes as “awesome” was the fact that neither Procyon nor Pivotal needed the other at the time of the transaction. It wasn't need-based, it was taking a curiosity of “what if?”, and actually doing it. This important deal has helped Procyon continue to expand its offerings and talent in a way that would be difficult and time consuming to create organically. By practicing authenticity and strategic growth, Phil and his founding partners have been able to build Procyon to be one of the most solid RIA firms in the U.S. They've afforded themselves the opportunity to make extremely beneficial deals such as with Dynasty and Pivotal, and grow their business to expand their services far beyond what they ever anticipated. They've done the hard work, brought in incredible leaders and partners, and built Procyon to be dynamic and unified, making the sum of Procyon extremely attractive to talent, advisors, and clients alike. • • • For my full discussion with Phil Fiore, and more on the topic:Listen to the Full DealQuest Podcast Episode Here • • • FOR MORE ON PHIL FIORE AND PROCYON PARTNERS:https://www.linkedin.com/in/fiorephil/ https://www.procyonpartners.net/ Corey Kupfer is an expert strategist, negotiator, and dealmaker. He has more than 35 years of professional deal-making and negotiating experience. Corey is a successful entrepreneur, attorney, consultant, author, and professional speaker. He is deeply passionate about deal-driven growth. He is also the creator and host of the DealQuest Podcast. If you want to find out how deal-ready you are, take the Deal-Ready Assessment today!
We are nearing the end of the fourth quarter in 2022 and we have learned quite a bit this year. Inflation is high, the stock market has been bonkers and unemployment is low. And for many, the fear of the unknown still lies ahead. In this episode, Brad reveals interesting data points in this latter part of the year which could come as a shock... some good and some bad. However, we must remember that discipline wins out, even over our own motivations. Listen now. Show Highlights Include: Sweeping Conclusions Of The Economy (3:20) Interest Rates And Profit Growth. (6:24) Discipline Wins Out Over Motivation.(9:25) Important Data Points in the 4th Quarter. (11:50) Inflation Is Moving The Needle. (19:07) To schedule your free retirement tracking meeting, specifically for first responders, head to http://pensionattention.com/ or call us at 805-410-5454.
Episode 265: Author of FOOLISH, founder of Segment Wealth Management Gil Baumgarten joins the podcast to talk about his book, behavioral finance and his recent views on the stock market as a whole. BookAuthor: Gil BaumgartenTitle: FOOLISH: How Investors Get Worked up and Worked Over by the SystemSocial MediaGil Baumgarten Barron's: Gil Baumgartenwww.gilbaumgarten.com
Most goal-setting exercises have one major flaw. They focus too much on WHAT someone want to accomplish rather than WHY they want to accomplish it. The best goal-setting exercises combine the two. They produce goals that are both meaningful and measurable. Goals that provide connection and clarity. And when you do that, clients are motivated, inspired, and resilient. But, the question is how? Fortunately, Eric Trexler knows. He uses a "Goal Hierarchy" with his fitness clients and explains how it can be applied to create more meaningful goals for clients in financial advice. In this episode, we discuss: The power and execution of a goal hierarchy The problem and challenges inherent in goal setting A psychological framework to better communicate with clients and prospects Focusing on "approach goals" rather than "avoidance goals" The optimal level of difficulty when setting goals The featured partner for this episode is Knudge, an automated system to help clients actually follow through on their tasks and reach their financial goals. *For more resources discussed in this episode, check out www.wiredplanning.com/episode66 *For more resources and insights on mastering the human side of advice, go to www.wiredplanning.com. *Follow Brendan for insights on mastering the human side of advice: Twitter LinkedIn
As cliché as it sounds, the only thing that is ever truly constant is change. Bearing this in mind, the only way we can take control of the situation is by preparation. And in a changing market, nothing beats having multiple tools in your tool belt to face the changes head-on. Craig Curelop and Zeona McIntyre invite a very timely guest who can provide us with one of those: creative finance. In this episode, Nathaniel Smith, a pharmacist and real estate investor, takes us through his journey of achieving financial freedom through seller financing. He dives deep into his deals, both big and small, and gives us a peek into how he negotiates terms. Emphasizing the importance of relationships in this industry, Nathaniel then shares insights on working with sellers, partners, banks, and, most importantly, mentors. A changing market is surmountable with creative thinking. Let this conversation guide you in navigating the ups and downs of this industry. Affiliates1. www.rentredi.com and use our CODE: INVEST2FI to get 50% off on their first 6 months.www.rentredi.com — CODE: INVEST2FI 2. Kaplan Real Estate Education (we have the recording as well)They can go to the website - https://www.kapre.com/ and use our CODE - Invest2 3. AirBnB Hosting courseThis course is designed to walk you step by step from purchasing a property, setting it up to rent, to becoming an AirBNB SuperHost.You can register FREE COURSE here: https://www.stepbystepbnb.com/a/2147508384/zG79Sujh 4. Rocket Dollar - Rocket Dollar is a provider of self-directed retirement accounts for individuals. Through our accounts, our customers are no longer limited to the investments offered by traditional retirement account providers. With a Rocket Dollar account, account holders can invest in anything they want with "checkbook control." Allowed investments include real estate, private equity, small business and peer to peer lending, and much more.Link: https://www.kqzyfj.com/click-100586418-13920066 5. Personal Capital - Financial Software and Wealth Management. You get $20 Dollar when using the link belowhttps://personalcapital.sjv.io/zaMMqx 6. Beyond PricingAutomated dynamic pricing solutionFree 30-day trialLink: beyond.sjv.io/b3XBN9 7. Price labs - is a Revenue Management for Vacation Rentals-Get $10 off from your first bill. Link: https://pricelabs.co/users/sign_up?referral=7GlSXn 8. Rethink the Rat Race - Air BnB course-Get a discounted price for the courseLink: https://invest2fi--rethinktheratrace.thrivecart.com/remote-airbnb-management/Love the show? Subscribe, rate, review, & share! invest2fi.com
Welcome to another episode of the Conversations for Financial Professionals podcast where we are shaping the next generation of financial advice. Stephen Schiestel is currently the Frederick S. Addy Professor of Practice in Finance at the Eli Broad College of Business at Michigan State University. He received his MBA in 1998 from Michigan State University and a B.B.A. in Finance from the University of Michigan-Flint in 1991. Schiestel teaches undergrad and grad students in Security Analysis, Valuation, Financial Planning and Wealth Management and Corporate Finance. He is the director of the College's Financial Planning and Wealth Management programs. He has won several teaching awards including winning the Executive MBA Teaching Award four times. Prior to coming to Michigan State, Schiestel held management positions in the Wealth Management Division of Citizens Bank, now part of Huntington Bank. In this episode, you'll discover:
Political arguments pop up around Thanksgiving dinners all over America. But the point of Thanksgiving is to come together despite our differences. Dating back to the first ever Thanksgiving, it's been a celebration that we all benefit from, especially when we disagree. In this episode, you'll discover the true importance of Thanksgiving and how you can get along with other people in your family, despite your differences. Listen now. Show Highlights Include: A Polarized Nation is Nothing New. (1:56) Autumn Harvest ,1621. (3:02) Freedom SHOULD Matter. (8:40) Are Elections And Holidays A Coincidence? (12:10) Our Gratitude For YOU. (15:28) Brad's Favorite Thanksgiving Dish. (17:00) To schedule your complimentary retirement track review, head to https://onecapital.com. You can also call us at 805-410-5454 or text the word ‘TRACK' and we'll reach out to you. Want to WATCH the show? SUBSCRIBE to our YouTube Channel here: The Make Your Money Matter YouTube Show
Generosity is beneficial to both the giver and the receiver. In fact, research shows that people who give more are generally happier. And the good news is you don't have to give away a large amount of anything. Simple actions can sometimes make the biggest difference. So, in this episode, we will be discussing practical advice for financial gifting that goes beyond your time on earth. You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/42
As cliché as it sounds, the only thing that is ever truly constant is change. Bearing this in mind, the only way we can take control of the situation is by preparation. And in a changing market, nothing beats having multiple tools in your tool belt to face the changes head-on. Craig Curelop and Zeona McIntyre invite a very timely guest who can provide us with one of those: creative finance. In this episode, Nathaniel Smith, a pharmacist and real estate investor, takes us through his journey of achieving financial freedom through seller financing. He dives deep into his deals, both big and small, and gives us a peek into how he negotiates terms. Emphasizing the importance of relationships in this industry, Nathaniel then shares insights on working with sellers, partners, banks, and, most importantly, mentors. A changing market is surmountable with creative thinking. Let this conversation guide you in navigating the ups and downs of this industry. Affiliates1. www.rentredi.com and use our CODE: INVEST2FI to get 50% off on their first 6 months.www.rentredi.com — CODE: INVEST2FI 2. Kaplan Real Estate Education (we have the recording as well)They can go to the website -https://www.kapre.com/ and use our CODE - Invest2 3. AirBnB Hosting courseThis course is designed to walk you step by step from purchasing a property, setting it up to rent, to becoming an AirBNB SuperHost.You can register FREE COURSE here:https://www.stepbystepbnb.com/a/2147508384/zG79Sujh 4. Rocket Dollar - Rocket Dollar is a provider of self-directed retirement accounts for individuals. Through our accounts, our customers are no longer limited to the investments offered by traditional retirement account providers. With a Rocket Dollar account, account holders can invest in anything they want with "checkbook control." Allowed investments include real estate, private equity, small business and peer to peer lending, and much more.Link:https://www.kqzyfj.com/click-100586418-13920066 5. Personal Capital - Financial Software and Wealth Management. You get $20 Dollar when using the link belowhttps://personalcapital.sjv.io/zaMMqx 6. Beyond PricingAutomated dynamic pricing solutionFree 30-day trialLink:beyond.sjv.io/b3XBN9 7. Price labs - is a Revenue Management for Vacation Rentals- Get $10 off from your first bill. Link:https://pricelabs.co/users/sign_up?referral=7GlSXn 8. Rethink the Rat Race - Air BnB course- Get a discounted price for the courseLink:https://invest2fi--rethinktheratrace.thrivecart.com/remote-airbnb-management/
Political arguments pop up around Thanksgiving dinners all over America. But the point of Thanksgiving is to come together despite our differences. Dating back to the first ever Thanksgiving, it's been a celebration that we all benefit from... COMING TOGETHER, especially when we disagree. The truth is, you can't have financial freedom without political freedom. And that means caring for and defending others you disagree with. In this episode, you'll discover the true importance of Thanksgiving. And how you can get along with other people in your family despite your differences. Listen now. Show Highlights Include: How the first Thanksgiving helps you avoid pointless political fights with your family over the holiday season. (4:23) Why Thanksgiving helped America reunite after the Civil War. (6:20) How inviting your friends to your Thanksgiving feast makes you feel even more grateful. (7:45) Why caring for and defending others is the foundation of our great nation (even when you disagree). (9:42) How political and financial freedom go hand in hand to help you thrive. (12:27) To schedule your free retirement tracking meeting, specifically for first responders, head to http://pensionattention.com/ or call us at 805-410-5454.
Welcome to Everyday Business, Yeo & Yeo's podcast. We've had the privilege of advising Michigan businesses for more than 99 years, and we want to share our knowledge with you. Covering tax, accounting, technology, financial and advisory topics relevant to you and your business, Yeo & Yeo's podcast is hosted by industry and subject matter experts, where we go beyond the beans. On episode 24 of Everyday Business, host Peter Bender, leader of Yeo & Yeo Wealth Management is joined by Matthew Cash, financial planning consultant for Avantax Planning PartnersSM. Listen in as Pete and Matt discuss important questions you should consider when building a succession plan, in the final episode of our series focusing on wealth management. Thank you for tuning in to Yeo & Yeo's Everyday Business podcast. Yeo & Yeo's podcast can be heard on Apple Podcasts, PodBean and, of course, our website. Please subscribe, rate and review. For more business insights, visit our Resource Center and subscribe to our eNewsletters. DISCLAIMER The information provided in this podcast is believed to be valid and accurate on the date it was first published. The views, information, or opinions expressed during the podcast reflect the views of the speakers. This podcast does not constitute tax, accounting, legal or other business advice or an advisor-client relationship. Before making any decision or taking action, consult with a professional regarding your specific circumstances. Investment advisory services are offered through Avantax Planning PartnersSM. Commission-based securities products are offered through Avantax Investment ServicesSM, Member FINRA, SIPC. Insurance services offered through licensed agents of Avantax Planning Partners. 3200 Olympus Blvd., Suite 100, Dallas, TX 75019. The Avantax entities are independent of and unrelated to Yeo & Yeo Wealth Management. Peter Bender is an Avantax registered representative. Not all Financial Professionals are licensed to offer all products or services. Financial planning and investment advisory services require separate licenses. Avantax affiliated advisors may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state. This material is for informational purposes only. It is not intended as investment, tax or other advice or an offer or solicitation for the purchase or sale of any financial instrument. Indices are unmanaged, represent past performance, do not incur fees or expenses, and cannot be invested into directly. Past performance is no guarantee of future results. Consult with your financial, tax or other appropriate advisors on all matters pertaining to financial, accounting or tax obligations and requirements. Check the background of Pete Bender on FINRA's BrokerCheck.
There are many impressive things about Matthew Cooper. In addition to being featured in Forbes Magazine, he was named a finalist for “Individual Thought Leader of the Year” for the 2019 WealthManagement.com Wealthies Industry Awards, and he was the winner of “M&A Leader of the Year” for the 2022 WealthManagement.com Wealthies Industry Awards. But, most meaningful to Matthew is the business that he is a Founding Partner and President of, Beacon Pointe Advisors, one of the U.S.'s most successful RIA firms with locations spanning all over the country. The RIA industry wasn't Matt's first business calling. As a matter of fact, after graduating from college, he entered the life insurance industry. Nevertheless, life has its turns, and that life insurance firm branched out into the RIA arena and, as Matt says, “Here we are.” Since he was the one to work out deals when a client's loved one passed away, he had an early start at dealmaking. Through this early education in dealmaking, Matt took that knowledge and built Beacon Pointe into what it is today, a remarkable RIA powerhouse firm and acquirer. 13,000+ clients 375+ on staff nationwide 220+ Designations and Certifications including CFA, CFP®,JD, MST Since March 2020 -- after bringing in Beacon Pointe's first capital partner -- completed 24 successful transactions BRINGING IN A CAPITAL PARTNER For nearly 20 years, Beacon Pointe had no capital partner. That changed when they took on two underlying RIAs – one expressly for the inorganic growth side of the business – and discovered they weren't as aligned as they had believed. Not only did the M&A RIA start to grow larger than the other RIA, but several veteran shareholders were looking to exit and cash out. This misalignment paired with the timing of shareholders wanting to exit, caused Matt to see the natural need to bring in outside capital and merge the two RIAs together. Alignment is extremely critical in M&A; if one facet is out of sync, the entire thing might come crumbling down like a house of cards in a downpour. Matt took on the challenge, recognized the opportunity, and decided to bring in a capital partner to help the firm evolve. Choosing the right capital partner can: Help you strategically Offer your business more value Lessen potential risks Accelerate growth For Matt and Beacon Pointe, the right partner was KKR & Co. IT'S NOT A HOBBY As a dealmaker, Matt has been doing a lot of heavy lifting through Beacon Point. To make even one successful deal – let alone the volume and caliber of deals Matt makes – it takes a great deal of knowledge, tenacity, and dedication. Matt emphasizes the importance of dealmaking as a conscious exercise; “It's not a hobby,” he adds. Nothing could be truer. For Matt to make such effective deals at the volume he does, he has a process that he sticks by: Keeping his mindset sharp on the deal, remembering “it's not a hobby”. Having teams built and in place: one team to source the potential deals, do due diligence, and then build the LOI. Following the LOI, an integration team performs further due diligence and remains on-task post-close until the firms are fully integrated. Having all the department heads at Beacon Pointe be a part of the whole process Knowing when to push, and when to ease up in the deal-making process FULLY INTEGRATED MODEL TO SERVE CLIENTS As previously discussed in episode 199 of The DealQuest Podcast, there's debate within the M&A RIA space about aggregators versus integrators. Beacon Pointe is squarely on the fully integrated model side. This means: One brand One ADV One tech stack One company culture The goal, whether you're an aggregator or an integrator, is to reduce confusion of potential targets when there are so many options and choices available these days in the RIA space. To help mitigate confusion, Matt constructed a consistent story in the marketplace regarding Beacon Pointe's all-wealth approach. This allows the various teams across the U.S. to have the flexibility and speak with their own voices while remaining on agenda with Beacon Pointe's strategy. Matt's approach to dealmaking is very people-oriented, so it really is about how well people within his firms get along, so he has three pillars he focuses on with Beacon Pointe: Access to institutional quality investments Life and legacy planning Impact initiatives EQUITY-FORWARD AND MAJORITY INVESTORS Another feature of Beacon Point's integrator model is being equity-forward and doing only majority investment deals. Because of the need for cash flow at the time, Beacon Pointe's first nine deals featured a 100% equity swap, but they now prefer to keep the equity between 20% and 60%, with the sweet spot for a typical deal being the high-30% range. These percentages result from the fact that equity is the most expensive consideration for them. However, equity is generally a very attractive incentive to investors, as the higher multiples and growth rate of Beacon Point helps create greater enterprise value for all. Depending on your goals and expectations, bringing in majority investors can be viewed as positive or negative. Some of the attributes of bringing in majority investors: Founders can build their company to be a bit self-operating in that they can take a break from the daily operations by sharing responsibility with majority investors. Sometimes new ownership can add a fresh perspective, which might be precisely what a business needs to be reinvigorated. Each investor is likely going to have a series of people they trust on their end. They may very well want to bring those people in with them, which will offer a fresh perspective and expertise that you may not otherwise have had access to. For founders, a surface-level concern is the need to give up control to majority investors. However, Matt prefers to see and present it as giving a little to gain a lot in the long run. ATTRACTING THE RIGHT CLIENTS UNDER A FULLY INTEGRATED MODEL A significant part of the debate between aggregator versus integrator models is not only the route to the end goal but also the type of clientele you're aiming to attract to your business while avoiding wasting time on deals that won't function well with your model. Beacon Point targets firms with assets ranging from $3 million to $2 billion for Beacon Pointe's fully integrated approach. Those within that target range are the best prospective firms to whom Beacon Pointe can bring the most value in the future. Other attributes Matt seeks in potential firms: An earnest desire to be a planning-first type people, or driven to get a planning-first attitude Those looking to not make a quick exit, but remain for the long term; be it five, ten, or fifteen years. Their intention is to make those upcoming years more prosperous than the previous. Those looking to be proactive and active in building a solid long-term operating company for the clients Primarily standalone RIAs versus wirehouse or IBD advisors. The intention should always be to create your structure to be attractive to the people that want to be involved. If you're not projecting yourself in an appealing manner, you're not going to garner interest, pure and simple. Beacon Points approach is to ensure that equity is split all around to achieve a long-term outcome that satisfies all involved. IT'S ALL ABOUT GROWTH Growth does not only refer to the expansion of your own business, nor just your own personal achievements. The M&A RIA space has undoubtedly evolved and changed over the past decades. Currently, more RIAs are being founded than are being absorbed, so the market is expanding despite the consolidation caused by the aggregators and integrators. Whether you're an aggregator or integrator, or you lie somewhere in between, or considering selling to one, you are part of a natural maturation of the RIA space that will continue for some time. One of the many elements that enables this industry to continue to expand and flourish is healthy competition combined with increasing options for all involved. We appreciate Matt giving us further insight into Beacon Point, one of those quality options, and his view of the RIA industry and deal market in general. Listen to the Full DealQuest Podcast Episode Here • • • FOR MORE ON MATTHEW COOPER AND BEACON POINTE ADVISORS:https://www.linkedin.com/in/mattcooperbpwa/https://www.beaconpointe.com Corey Kupfer is an expert strategist, negotiator, and dealmaker. He has more than 35 years of professional deal-making and negotiating experience. Corey is a successful entrepreneur, attorney, consultant, author, and professional speaker. He is deeply passionate about deal-driven growth. He is also the creator and host of the DealQuest Podcast. If you want to find out how deal-ready you are, take the Deal-Ready Assessment today!
Listen to the latest episode as Rob and Chad discuss tax planning for retirement and the new perspective retirees will have to adapt to as they move from building wealth to living off of it. Is your portfolio ready to make that transition? Listen now to find out! Email your money question to email@example.com. Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com
Timestamp1'24”: From the US Secret Service to fraud control at Visa - what kickstarted this journey?3'58”: Transitioning from the public to the private sector and building an electronic crimes task force6'15”: The goals of payment network VISA relative to the e-commerce in which it participated9'15”: Dispelling the myths around risk in e-commerce and how these narratives evolved into crypto14'15”: The definition of a security engineer and how hackathons are used to counter vulnerabilities16'16”: DocuSign and how it compares to the fundamental structure of a blockchain, as well as, how it works20'07”: Joining crypto-custodian BitGo and how that lead to joining Prime Trust21'47”: Prime Trust – what it is and how it has grown over the years24'01”: The differences between a trust company or a trust custodian versus a depository institution like a bank versus a brokerage custodian like BNY Mellon29'18”: The archetypes of the customers and clients of Prime Trust31'27”: Prime Trust's go-to-market strategy and how APIs as a product feature and distribution mechanism are used34'53”: The vision and mechanisms for growth for Prime Trust over the next year, given the current market state38'17”: The view on where American regulation will land with regards to the crypto industry40'29”: Channels to use to connect with Tom and/or to learn more about Prime Trust
Your clearing and custodial partnerships touch every part of your business: your clients, financial professionals, technology platform, operations, digital experience and compliance are just some of those dependencies. And don't forget about the impact on your P&L. In today's podcast, Oyster's clearing and custodian experts share their experience with managing clearing platform technology, consulting and integration, including utilizing the other services these firms offer.
Scott Heinila and Nick Bernatowicz virtually joined fellow podcast host and strategic partner, Bart Zandbergen in the podcast studio by co-host Letitia Berbaum, Paula Steurer of Sterling Public Relations for the 5th Annual Holiday Wine Pairing Podcast alongside studio engineer Danielle Ramchandani. This year's line-up of wines featured some that are well known, some that are hidden gems, and some that were being tried by the podcast crew for the very first time. Led by Bart's sommelier expertise, the cast discusses what pairings are best tailored with certain dishes alongside some unexpected pairings to consider. Cheers to the 2022 holiday season and blessings to all!The 2022 wine line-up includes: Veuve Cliquot RoseMulderbosch Chenin BlancJ Dusi Red ZinfandelRobert Bialis Black Chicken Red ZinfandelWilliam Selyam Pinot Noir Connect with Scott on LinkedInConnect with Bart on LinkedInConnect with Nick on LinkedInConnect with Tish on LinkedInConnect with Paula on LinkedIn For more on The Optimized Advisor Podcast click here For more on The Zandbergen Group click hereFollow us on LinkedInFollow us on InstagramFollow us on Facebook **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 firstname.lastname@example.org
In this week's episode, Lynn hops on a Zoom call with Susan Latremoille to discuss 9 steps to a rich life in retirement. Susan spent over 35 years as a wealth advisor assisting clients to financially plan for their retirements. She saw a common thread among her clients. Having enough money to retire was only a piece of the retirement puzzle. It was the non-financial side that had the greatest impact on the predictability of a successful retirement. Susan is a Partner in Next Chapter Lifestyle Advisors. Susan is a Certified SuccessFinder Practitioner. SuccessFinder is a powerful assessment that helps clients be clear about what motivates them and their lifestyle priorities. Susan is a Family Enterprise Advisor, FEA, (Family Enterprise Exchange), and holds an Executive MBA. Susan is a former board member of Richardson Financial Group and holds her ICD.D designation (Institute of Corporate Directors). Susan is a certified Retirement Coach (CPRC). She is the author of The RichLife – Managing Wealth and Purpose, It's Not Just about the Money – The Whole Life Approach to Wealth Management, co-author of On the Shoulders of Atlas- a Story about Transitioning a Family Owned Business and co-author – Thriving Throughout Your Retirement Transition.
Having financial and investment knowledge is good. However, it doesn't help make more money in the market unless you have wisdom and a good plan. So what's the difference between knowledge and wisdom? Knowledge is what you know and wisdom is how you apply what you know to your life. In this episode, Brad reveals how you can turn your knowledge into wisdom. Plus, ten helpful tips to help change your mindset when it comes to the concept of money. Listen now. Show Highlights Include: The Wisest Man In History (2:15) The Cost Of Inaction (6:18) 4 Steps To Invest. (9:54) Do You Know What Your Goals Are? (17:05) Brad's Top Ten. (19:58) Question Of The Day. (23:55) To schedule your complimentary retirement track review, head to https://onecapital.com. You can also call us at 805-410-5454 or text the word ‘TRACK' and we'll reach out to you. Want to WATCH the show? SUBSCRIBE to our YouTube Channel here: The Make Your Money Matter YouTube Show
Our guest for today's podcast is Jane Ma who is a Managing Director at Moelis & Company where she specializes in advising clients in the Asset Management and Wealth Management sector. She has over 15 years of investment banking experience. Prior to joining Moelis & Company, Jane worked at both Greenhill and Deutsche Bank focusing on M&A. Jane holds a B.S. in Applied Economics & Management from Cornell University and an M.B.A. from Columbia Business School. I met Jane at AAAIM's National Conference in September and I found her to be pleasant, confident and knowledgeable – all things needed to be successful in the ultra-competitive field of M&A banking. Jane's a role model for the AAAIM community and those looking to break the bamboo ceiling. Without further ado, here is our conversation with Jane Ma.
The discovery meeting is the single most important meeting for your clients and your practice. If you're like most, you've probably looked up “the best questions to ask prospects in a first meeting.” You've likely picked up ideas listening to podcasts with advisors explaining how they conduct their meetings. You've implemented the tips and tricks you gathered from talking with fellow advisors.But, it still feels like there's something missing. It hasn't quite clicked. In this episode, you'll learn: How to prep your clients for a successful discovery meeting The importance of shifting your mindset to win the mental battle The keys to nailing the discovery meeting Most effective ways to follow up with a prospect after the meeting *The featured partner for this episode is Knudge, an automated system to help clients actually follow through on their tasks and reach their financial goals. *For more resources discussed in this episode, check out www.wiredplanning.com/episode65. *For more resources and insights on mastering the human side of advice, go to www.wiredplanning.com. *Follow Brendan for insights on mastering the human side of advice: Twitter LinkedIn
What can you do to help create a brand that attracts the clientele and associates you want? In this episode, Robin Brogdon, CEO at BluePrints Veterinary Marketing Group, joins the show to discuss the potential benefits of Employee Stock Ownership Plans (ESOPs) and what you can do to help build an ownership culture within your practice. You can find show notes and more at: http://bit.ly/3g819H0 Disclosure: Travis York is the owner of Three and One Vet Advisors and a partner of SignatureFD. Three and One Vet Advisors is a veterinary consulting and strategic planning firm of which SignatureFD has no involvement or ownership. James Yost is a partner and wealth adviser at SignatureFD. SignatureFD is an investment adviser registered with the U.S. Securities and Exchange Commission. Three and One Vet Advisors and SignatureFD are not affiliated. Mr. York provides all non-investment advisory services through Three and One Vet Advisors. The opinions of the guests and the contents of this podcast are intended to be educational only and should not be relied upon as investment, tax, business, or planning advice. You should consult with a professional advisor prior to taking any course of action that may impact you or your business.
When Lori Eisel first found out her son had an addiction problem, she tried to do everything in her power to get control over the situation and help him. But even years later, he is still on the road to recovery. In this episode, Diana Britton, managing editor at WealthManagement.com, speaks with Lori Eisel, president … Continue reading The Healthy Advisor: When a Child Struggles With Opioid Addiction With Lori Eisel →
Welcome to another episode of the Conversations for Financial Professionals podcast where we are shaping the next generation of financial advice. Barry S. Mulholland, Ph.D., MBA, CFP®, ChFC®, is currently the Director, Financial Planning Program and Associate Professor of Practice in the Department of Finance, College of Business at The University of Akron. The program is registered with the CFP Board of Standards. He oversees program development, financial planning industry relationships, assists with student recruitment, and advises the industry-affiliated student organization. His teaching includes personal finance, corporate finance, financial planning fundamentals and the financial planning capstone course. He has led efforts to make financial planning technology available to universities. His research includes the use of financial planning technology and life insurance consumer behavior. Dr. Mulholland is the Founder of Diversitas: Expanding Diversity in Wealth Management, a symposium that brings industry professionals together with career influencers and high school and university students to discuss why and how the wealth management industry and financial planning profession can become more inclusive. He is a member of the recipient class of the ThinkAdvisor.com LUMINARIES 2021 Award for Diversity & Inclusion Programs, a 2022 finalist for the Investment News Diversity, Equity, & Inclusion Diversity Champions Award, and a 2022 RIA Intel Awards Industry Advocate of the Year finalist. In this episode, you'll discover:
The latest episode of New Focus On Wealth featured a look around the market and a discussion on how to handle the economic turbulence that may be right around the corner. Listen now as Chad explains why panic selling is the worst thing you can do in a bear market. Email your money question to email@example.com. Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com
India's household Debt to GDP ratio is at an alarming 38%. On this episode of #PaisaVaisa, Anupam discussed Debt relief with Ritesh Srivastava- Founder & COO, FREED. FREED was founded with the mission to help debt burdened consumers, to help them overcome the credit and become financially stable.Anupam and Ritesh discuss the rising bad debts, Credit Card Loans and consumer loans in India. They talk about borrowing challenges, debt relief measures, BNPL and how one can get the much-needed debt management with FREED.About the ShowPaisa Vaisa is India's leading podcast on personal finance with 2m+ downloads, 130+ hours of content and conversations, 150+ guests, and 300+ episodes. Since 2017, Paisa Vaisa has interviewed experts across the spectrum of personal finance covering diverse topics such as mutual funds, stocks, housing, loans, education, crypto, and much more. Listen in now to make smarter decisions with your money!Find Ritesh Srivastava on:LinkedIn: (https://www.linkedin.com/in/ritsriv/)Get in touch with our host Anupam Gupta on social media:Twitter: ( https://twitter.com/b50 )Instagram: ( https://www.instagram.com/b_50/ )Linkedin:(
Altagracia es presidenta del Consejo de Administración en Grupo MINSA, la segunda productora mundial de nixtamal deshidratado, y de Almacenadora Mercader (Almer) - el almacén general de depósito más grande de México.Por favor ayúdame y sigue Cracks Podcast en YouTube aquí."El poder se toma, nadie te lo va a dar. El poder no permite vacíos." - Altagracia GomezComparte esta frase en TwitterEste episodio es presentado por Julius Baer, el grupo suizo líder en Wealth Management y por BEEK, la aplicación de audiolibros que te regala 14 días y 40% de descuento en tus primeros 3 meses aquí.Es la presidenta de Grupo Empresarial PEO, uno de los conglomerados industriales y financieros más importantes del país y propietario de empresas como DINA, MINSA, ALMER, AP Solutions, Campo Fino y Siembra Capitales.Altagracia destaca por ser la persona más joven del listado de los 100 empresarios más importantes en México y es reconocida como una de las mujeres más poderosas del país.Entre los muchos roles que juega, Altagracia preside el Patronato del Instituto Nacional de Antropología e Historia (INAH) y es miembro del consejo consultivo de NAFIN, Bancomext y Citibanamex. Hoy Altagracia y yo hablamos de poder, de crear ventajas competitivas y de cómo controlar lo que la gente piensa de ti.Qué puedes aprender hoyEl rol de la mujer en la vida empresarialLa interpretación del poder y el liderazgoPrivilegio, entenderlo y explotarlo*Este episodio es presentado por por Julius Baer, el grupo suizo líder en Wealth Management con presencia en América Latina.Tomar el control de la empresa familiar es una decisión importante en la vida de cualquier persona. En Julius Baer entienden las complejidades de la sucesión y apoyan a sus clientes y sus familias en el desarrollo de una solución que ayude a garantizar que la empresa siga teniendo éxito por muchas generaciones.Para conectar con los expertos de Julius Baer y discutir cómo pueden ayudarte a navegar el proceso de sucesión en tu empresa, visita el sitio www.juliusbaer.com *Este episodio es presentado por BEEKCon BEEK ya no hay pretextos para no leer. Tienen más de 250,000 títulos, incluyendo el mío y puedes escuchar resúmenes de "best-sellers" en menos de 15 minutos o escuchar el libro completo para nunca dejar de aprender.BEEK te regala 14 días de prueba más tus 3 primeros meses por solo $149 pesos al mes cuando te suscribes al contenido ilimitado de BEEK en cracks.la/beek.*Youtube: https://www.youtube.com/crackspodcastNotas del episodio en:https://cracks.la/200Regístrate para recibir el newsletter Viernes de Cracks cracks.la/viernes.Conferencias y cursos: osotrava.comLee su libro: en BEEK o en Amazon.
People tend to get caught up in numbers when planning their finances and lose sight of what's important. However, the goal of true wealth management is not just to have a plan but to have one based on values, priorities, and goals. It's about aligning your money with your values so that your finances reflect what's important to you. In this episode, Steve talks with Michael Thompson. Michael is the Senior Wealth Advisor at Copper Leaf Financial with more than 25 years of experience helping clients achieve their financial goals. Also serving as a partner at Copper Leaf Financial, Michael is the steward and director of the planning process, driving strategy, bringing together expertise, and delivering true, comprehensive planning and wealth management. Michael's areas of expertise are evidence-based and sustainable investing, retiree transitions, and complex estate and philanthropic planning. Michael talks with Steve about how he partnered with a 35-year-old CPA firm to help them take the next step in helping their clients get what they call true wealth management, their planning process, and how his past career prepared him to take on the challenge of launching Copper Leaf Financial to reach the success they've had to date. Key Takeaways [01:42] - An overview of how Copper Leaf Financial serves its clients. [03:32] - The reasons behind Copper Leaf Financial's founding. [07:35] - What made Michael the right person to launch Copper Leaf Financial. [13:20] - What true wealth management means. [15:02] - The challenges of partnering with an already successful accounting firm. [18:34] - What it's like to be a CPA and wealth manager. [20:21] - How Michael and his team run their CPA and wealth management firm. [22:49] - What the deliverables of a CPA and financial planning firm look like. [26:09] - How Michael integrated eMoney and MoneyGuidePro into their business process. [27:25] - Copper Leaf Financial's onboarding process. [33:24] - How Michael stays on top of the wealth management industry. Quotes [08:26] - "I grew up in a world where financial planning is all about not just having a plan but implementing and managing that plan through time." ~ Michael Thompson [14:15] - "True wealth management is about aligning the money to live the life people want and helping them achieve that level of fulfillment and contentment." ~ Michael Thompson [29:52] - "We never get pushback anymore. I always tell people that if there's a pushback, it's in our brain or the advisor's brain and not the client's brain. If we tell clients the reason we charge, that makes sense for clients and certainly makes sense for us." ~ Michael Thompson Links Michael Thompson on LinkedIn Copper Leaf Financial John Davis Bret Hodgdon Davis & Hodgdon CPAs Brian Portnoy MoneyGuidePro eMoney Advisor Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third-party data which may become outdated or otherwise superseded without notice. Third-party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professionals based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)
Risk assessments help prioritize your tasks and testing, and of course, the rules dictate what is required to be done to remain compliant. So how do you make sure you are following the rules and protecting your firm? In today's podcast, Oyster compliance experts, who work a variety of clients and business models, share tips they've learned on how to build an effective and efficient compliance calendar.
Is pursuing CoastFI a smart move for families? Looking for the best personal finance book for you? We dive into these questions and more in this mailbag episode! Listener Q&A: CoastFI Questions and More We're wrapping up this season of the podcast by focusing on one of my favorite parts of Simplify and Enjoy: our community. While I'm happy to share our journey as a family, it's fun and inspiring to hear your stories, ideas, and questions. I usually come away with something to explore and I hope you do too. In this episode, we'll get into Which personal finance books to read Whether or not CoastFI is a good goal to pursue Which numbers should you track We have so much to cover, so let's get started! Handy Tools to Start Your FI Journey If you're looking to get ahead with your finances as a family and look at pursuing financial independence, here are some resources to check out: Best Budget and Money Apps: Personal Capital, Tiller, Mint Grab Your Copy: Jumpstart Your Marriage and Your Money How to Find the Best Personal Finance Books for Your Family How Your Family Can Become Financially Free Coast FI: A Better Path to Financial Independence 10 Lessons Learned from Accidental Slow F.I.R.E. How Much is Enough Money? The Levels of Financial Autonomy If you want to chat some more about creating better money habits, questions, or share your own tips please join us over at Thriving Families on Facebook. Thank You to Our Sponsor Coastal! Support for this podcast comes from Coastal Credit Union! If you live in the Triangle area of North Carolina and you'd like someone to work with you on your goals, you really want to check out Coastal's Wealth Management team. They'd love to help you start investing for retirement and more! Support the Podcast! Thank you so much for listening to the podcast! Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share. Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your review on Spotify, or Apple. Grab a copy of Jumpstart Your Marriage and Your Money. My book is designed for a busy couple to set up their finances in 4 weeks. Get tips and tools that have worked for other couples on their journey of building their marriage and wealth together! Photo by nappy
EMERGENCY FUND 101 FROM BALTIMORE WASHINGTON FINANCIAL ADVISORS with Sandy Hornor | CEPS Managing Director, Wealth Management & Executive Manager, BWFA and special guests Tyler Kluge | CFP®, CPWA®, CDFA®, CEPS Financial Planner, BWFA Tyler Cunningham | CFP®, CEPS Associate... Read More The post EP30: Emergency Fund 101 – 11.10.22 appeared first on Baltimore Washington Financial Advisors.
Kelly Winget is on the podcast this week to speak on managing wealth, whether it is yours or you've been employed to manage someone else's, and what that world looks like for women. Kelly is a financial entrepreneur and founder of Dallas-based private equity company Alternative Wealth Partners. She has built her career with a fierceness that demanded respect from men in the wealth industry and oil industry. There's more reflections on how women are spoken to about money, what happens when men are confronted with a woman who knows how to manage wealth, and who is making moves to make sure women's voices are being heard in the world of money. The best piece of advice given during the episode? When being talked down to about your money, ask if there is a woman who is able to help you that is hired by the company.Follow us at @menivetoleratedpod on Instagram and https://www.patreon.com/menivetoleratedpod on Patreon for bonus content! All ways to support the show, including our merchandise, can be found at https://linktr.ee/menivetoleratedpod. “Still Comfy?” Can be found live on Instagram and YouTube. Make sure to like, subscribe, and review so Natalie can send some good vibes and positive manifestations your way as well! Find Kelly:Linkedin: https://www.linkedin.com/in/kellyannwinget/Instagram: @kellyannwinget
Wealth building can be ten times more exhausting if you measure it against the successes of others. Slaving away to grow that number can take out the feeling of freedom you wanted in the first place. This episode's guest is light years ahead, maturity-wise, letting her journey simply be for herself and to do the things she loves. Ali Garced joins Craig Curelop and Zeona McIntyre to share her journey to financial independence, from the military to real estate. She tells us about her first property, becoming a landlord, and dealing with bad tenants. Ali eventually upped her real estate game and purchased more properties, going into short-term and medium-term rentals. Moving further, she then shares how she transitioned from investor to agent. Affiliates1. www.rentredi.com and use our CODE: INVEST2FI to get 50% off on their first 6 months.www.rentredi.com — CODE: INVEST2FI 2. Kaplan Real Estate Education (we have the recording as well)They can go to the website - https://www.kapre.com/ and use our CODE - Invest2 3. AirBnB Hosting courseThis course is designed to walk you step by step from purchasing a property, setting it up to rent, to becoming an AirBNB SuperHost.You can register FREE COURSE here: https://www.stepbystepbnb.com/a/2147508384/zG79Sujh 4. Rocket Dollar - Rocket Dollar is a provider of self-directed retirement accounts for individuals. Through our accounts, our customers are no longer limited to the investments offered by traditional retirement account providers. With a Rocket Dollar account, account holders can invest in anything they want with "checkbook control." Allowed investments include real estate, private equity, small business and peer to peer lending, and much more.https://www.kqzyfj.com/click-100586418-13920066 5. Personal Capital - Financial Software and Wealth Management. You get $20 Dollar when using the link belowhttps://personalcapital.sjv.io/zaMMqx 6. Beyond PricingAutomated dynamic pricing solutionFree 30-day trialbeyond.sjv.io/b3XBN9Love the show? Subscribe, rate, review, & share! invest2fi.com
Many people will require some type of long-term care as they reach their elderly years. It is a simple fact of life that as we get older it becomes harder for us to be independent and unfortunately, the cost of long-term care can be quite daunting. Despite this knowledge, many people delay installing a long-term care plan. So, in this episode, we will be sharing the importance of creating a long-term care plan, how to start preparing financially for this and what this plan should entail. You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/41
Listen to the latest episode of Joining Me Now as Rob and Chad help you navigate through some of the commonly overlooked problems that occur with improper tax and estate planning. Are you putting you and your family in the best position to keep your hard earned dollars after retirement? Listen now to find out! Email your money question to firstname.lastname@example.org. Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com
You can't help a prospect if they never become a client. You can't help a client if they don't implement your advice. Like it or not, both require a skillset rooted in sales. As Nancy Bleeke points out, sales isn't about being pushy. It's simply an information exchange. And the purpose isn't to convince someone to do something. Rather, it's to guide them through a process that leads to a confident, comfortable decision. Fortunately, Nancy teaches advisors around the world an approach to convert prospects into clients without being salesy. In this episode, we discuss: Why an "anti-sales" mindset is harmful to prospects and clients A 4-point framework for prospect meetings Why "ghosting" happens and how to fix it "Rightsizing" your services to exactly what the prospect wants and needs How to "close" without being salesy And WAY more! *For more resources discussed in this episode, check out www.wiredplanning.com/episode64 *For more resources and insights on mastering the human side of advice, go to www.wiredplanning.com. *Follow Brendan for insights on mastering the human side of advice: Twitter LinkedIn