Shows
The Paul Truesdell PodcastFare Jumpers, Fake Reform, and a Frozen RinkThe Paul Truesdell PodcastPrincipal Storyteller and Analyst:Paul Grant Truesdell, J.D., AIF, CLU, ChFC, RFCFounder & CEO of The Truesdell CompaniesThe Truesdell Professional Building200 NW 52nd AvenueOcala, Florida 34482352-612-1000 - Local212-433-2525 - New YorkTruesdell Wealth, Inc. https://truesdellwealth.comThe Truesdell Companieshttps://truesdell.netThe Truesdell Companies was a proud sponsor of the Eirinn Abu benefit concert for Tunnel to Towers, on February 28th at the Circle Square arena in Ocala, Florida...2025-05-0733 min
Advisor Edge: The GVA WayEpisode 14: Distinctive Client ExperienceIn Episode 14 of our podcast “Advisor Edge: The GVA Way” James J. Spinelli, ChFC® hosts Alex Weiss CFP, President of Napier Financial for a discussion on building a firm rooted in a culture of exceptional client experience. From defining what you stand for to making decisions about what to insource or outsource, this conversation covers the strategic and operational choices that shape the client journey today—and in the future. Key Takeaways:Building a team culture where client experience is the central focus Personalization: How tailored processes and customization drive deeper client connectionsHow to leverag...2025-04-2417 min
Advisor Edge: The GVA WayEpisode 13: Going IndependentIn Episode 13 of our podcast “Advisor Edge: The GVA Way” James J. Spinelli, ChFC® hosts Leif Briel, Founder of Endeavr Financial Planning and Wealth Management for a discussion on becoming and independent advisor and partnership with GVA. A few key takeaways from this episode:Drivers of going independent Advantages of being a business owner Building your vision in the independent advisor spaceWelcome to Advisor Edge: The GVA Way, a podcast series created for financial advisors navigating the complexities of transitioning from a traditional firm or considering branching out independently for the first time. We are a...2025-03-1311 min
Advisor Edge: The GVA WayEpisode 12: Advisor DevelopmentIn Episode 12 of our podcast “Advisor Edge: The GVA Way” James J. Spinelli, ChFC® hosts Kate Quinn, Manager of Business Strategy and Advisor Development for a discussion on how GVA has streamlined their 3 distinct paths for advisors joining the firm. Click here to learn more about each of the below paths.The Guided AdvisorThe Integrated AdvisorProfit and PartnerWelcome to Advisor Edge: The GVA Way, a podcast series created for financial advisors navigating the complexities of transitioning from a traditional firm or considering branching out independently for the first time. We are attuned to the anxieties and hesit...2025-02-2015 min
Advisor Edge: The GVA WayEpisode 11: Practice ManagementIn Episode 11 of our podcast “Advisor Edge: The GVA Way” James J. Spinelli, ChFC® hosts Cynthia Spigel, CFP®, JD, CRCP owner of Spigel Strategies and Solutions for a discussion and action items on Practice Management for Investment Advisors. A few key takeaways from this episode: The importance of creating and communicating a strong vision for your - practiceSetting clear internal expectationsDeveloping a strong client experienceGreat Valley Advisor Group is a technology-driven, full-service RIA engineered to provide tailored solutions to independent advisors and advisory firms.2025-01-3121 min
Advisor Edge: The GVA WayEpisode 10: GVA Retirement PartnersIn Episode 10 of our podcast “Advisor Edge: The GVA Way” James J. Spinelli, ChFC® hosts Jason Kell, Director of GVA Retirement Partners and David Hopkins, Managing Partner at North Point Advisor Group at our annual VAST conference in Napa, CA. James, Jason and David discuss how GVA Retirement Partners benefits advisor and their practices.A few key highlights from this episode:Seamless integration to advisor practices and clientsBoosting operational effectiveness for better retirement planning outcomes for clients How Jason is leveraging technology to optimize both the servicing of retirement plans and the prospecting efforts of advisors Wel...2024-12-0615 min
Advisor Edge: The GVA WayEpisode 9: Mergers & AcquisitionsIn Episode 9 of our podcast “Advisor Edge: The GVA Way” James J. Spinelli, ChFC® hosts EVP of LPL Capital Partners, Jeremy Holly to discuss M&A strategies and best practices. LPL Capital Partners provides solutions designed to support advisors at every stage of their lifecycle, helping them grow and safeguard their business.During this episode, James and Jeremy provide practice M&A insights and advice, including:How advisors can best take advantage of the capital solutions LPL offersKey drivers and metrics of determining valuationHow LPL gets involved in the financing process during M&A transactions Importance of th...2024-11-1911 min
Advisor Edge: The GVA WayEpisode 7: CompensationIn Episode 7 of our podcast “Advisor Edge: The GVA Way” James J. Spinelli, ChFC®, AIF® hosts Chief Executive Officer Colton Pence and Manager of Advisor Compensation Alexandra Mayeaux from AdvisorBOB. AdvisorBOB is an all-encompassing financial advisor compensation software for RIA back office staff and advisors. It provides customizable and individualized compensation calculations as well as advanced reporting capabilities. Numerous registered investment advisories of all sizes – from startups to Forbes top 100 – use AdvisorBOB to calculate advisors’ compensation, send payouts, and manage their business.Welcome to Advisor Edge: The GVA Way, a podcast series created for financial advisors navigating the complexi...2024-11-1918 min
Advisor Edge: The GVA WayEpisode 6: Asset ManagementIn Episode 6 of our podcast “Advisor Edge: The GVA Way” James J. Spinelli, ChFC®, AIF® hosts our Chief Market Strategist Eric Parnell, CFA. The second part of a two-part series focused on the GVA Asset Management (GVAAM) team, in this episode James and Eric focus on models and the behind-the-scenes thought process that goes into GVA Asset Management. Welcome to Advisor Edge: The GVA Way, a podcast series created for financial advisors navigating the complexities of transitioning from a traditional firm or considering branching out independently for the first time. We are attuned to the anxieties and hesitation that accomp...2024-11-1918 min
Advisor Edge: The GVA WayEpisode 5: Asset ManagementIn Episode 5 of our podcast “Advisor Edge: The GVA Way” James J. Spinelli, ChFC®, AIF®You’ll hear about Eric’s extensive experience in the financial industry space. Did you know he used to run his own RIA?! On that Eric says, “One of the things that I came to realize running my own RIA is that the world had become so much more complex in terms of running a business in the investment space than it had been 20 years ago when I first started…and that’s how I came to know GVA.”Learn more about why we...2024-11-1919 min
Advisor Edge: The GVA WayEpisode 4: Marketing StrategyEpisode 4 of our podcast “Advisor Edge: The GVA Way” is now live! James Spinelli, ChFC®, AIF® invites our Marketing Director, Stef Dolan, back to continue discussing how the GVA Marketing strategy supports the DBA brands under the GVA umbrella. Stef and James are joined by Mike Burke, the founder of Advsry, a digital strategy firm that supports the GVA Marketing team and GVA advisors with all aspects of marketing, branding, and digital strategy. We invite you to enjoy Episode 4 of “Advisor Edge: The GVA Way” now.Welcome to Advisor Edge: The GVA Way, a podcast series created for financ...2024-11-1815 min
Advisor Edge: The GVA WayEpisode 3: Marketing StrategyEpisode 3 of our podcast “Advisor Edge: The GVA Way” is now live! James Spinelli, ChFC®, AIF® invites our Marketing Director, Stef Dolan to discuss how the GVA Marketing strategy supports the DBA brands under the GVA umbrella as well as the business development strategies discussed in episodes 1 and 2. We invite you to enjoy Episode 3 of “Advisor Edge: The GVA Way” now.Welcome to Advisor Edge: The GVA Way, a podcast series created for financial advisors navigating the complexities of transitioning from a traditional firm or considering branching out independently for the first time. We are attuned to the anxiet...2024-11-1817 min
Advisor Edge: The GVA WayEpisode 2: Transition AssistanceEpisode 2 of our podcast “Advisor Edge: The GVA Way” is now live! James J. Spinelli, ChFC®, AIF® invites our Business Development Associate Phil Edge Regan back to continue the conversation. In this episode James & Phil dive into Transition Assistance (explaining the new offer!), our updated Advisor Referrals offering, and Acquisitions (including financing options, flexible terms, succession/exit planning, our payout structure & more).We invite you to share 18 minutes with us, and enjoy Episode 2 of “Advisor Edge: The GVA Way” now.Welcome to Advisor Edge: The GVA Way, a podcast series created for financial advisors navigating the comple...2024-11-1618 min
The Investing in Iowa ShowEp22: Protecting One's Generational Wealth with Matt Van Maanen CFP®, WMCP®, CAP®, ChFC®, CASL®Matt Van Maanen CFP®, WMCP®, CAP®, ChFC®, and CASL® shares his unique expertise at the intersection of real estate investment and wealth management. Dial in as we unpack his strategic approach to securing a sustainable financial future, both for himself and his clients. From managing extensive property portfolios to mastering estate planning, he offers key insights on achieving long-term success and stability in these vital areas. What you’ll learn from this episode The vitality of planning for future generations and protecting wealth A unique approach to property management Benefits...2024-08-1526 min
Framework with Ana Trujillo LimónEric Ludwig, PhD, CFP® and Chet Bennetts, CFP®, CLU®, ChFC®, RICP®: Using AI in Financial ServicesHow prepared are you for the changing landscape of financial advisory with AI tools at your disposal?In this episode, Ana Trujillo Limón, Director, Coaching and Advisor Content, speaks with Eric Ludwig, PhD, CFP®, Asst. Prof. of Retirement Income, Director: Center for Retirement Income, RICP Program Director, The American College of Financial Services and Chet Bennetts, CFP®, CLU®, ChFC®, RICP®, CLF®, Assistant Professor, Financial Planning and CFP®/ChFC Program Director, The American College of Financial Services about the integration of AI in finance. They share engaging anecdotes from their personal journeys and offer insights on how AI can s...2024-07-2237 min
Financial Life Planning for Busy ParentsHow to Hire a Financial AdvisorIf you’ve been a listener to this podcast for some time, you are likely well aware of the things to look for when hiring a financial planner. However, your friends may not be. If the topic of finances comes up, do the right thing: educate your friends and family on how to find a good advisor.
What happens when you don't help your friends and family
I recently had a client who came to me with a concern for a family member. Her cousin inherited a sizable sum of money and hired a financial advisor to assist with...2023-12-1226 min
Wealthy HOMESEp.39- The YOLO Effect on Millennials’ FinancesIn this episode of the Wealthy HOMES Podcast, join Connor as he delves into the intriguing world of the "You Only Live Once (YOLO)" mentality and its profound impact on the financial lives of millennials. Over the course of the show, we'll explore three crucial steps where this mindset might be steering us off course.
Step 1: Drowning in Debt and Staying Afloat
Discover how YOLO can lead to accumulating debt without a clear plan to get out. Connor discusses the importance of managing debt and finding a way out of the debt cycle, offering practical tips...2023-10-3023 minWealthy HOMESEp.39- The YOLO Effect on Millennials’ FinancesIn this episode of the Wealthy HOMES Podcast, join Connor as he delves into the intriguing world of the "You Only Live Once (YOLO)" mentality and its profound impact on the financial lives of millennials. Over the course of the show, we'll explore three crucial steps where this mindset might be steering us off course.
Step 1: Drowning in Debt and Staying Afloat
Discover how YOLO can lead to accumulating debt without a clear plan to get out. Connor discusses the importance of managing debt and finding a way out of the debt cycle, offering practical tips...2023-10-3023 min
The Wealth FlowEp42: Break Limits and Become Your Own Bank - John Ensley, ChFC®Don't know where to source capital for big purchases or investments? Step away from the conventional financial system and build wealth strategically as John Ensley, ChFC® reveals the top-tier perks of having a cash-value life insurance policy. Become your own bank, self-finance your deals, and secure a better future! Key Takeaways To Listen For What makes cash value whole life insurance policies special? 2 non-negotiables when setting up a whole life insurance policy An overview of a whole life insurance policy’s rate of growth Valuable insights into alternative investments and financial planning Break...2023-10-2641 min
The Active AdvisorIf Your Values are Clear, Your Decisions Become Easy with Erik Strid, CFP®, ChFC®, Founding Principal at Concentus Wealth AdvisorsIn this episode of The Active Advisor podcast, host Bryan Moore, ETF Capital Markets Expert at Harbor Capital, is joined by Erik Strid, CFP®, ChFC®, Founding Principal at Concentus Wealth Advisors. The conversation cuts across multiple wealth management and investment planning touchpoints, including:● The belief that when your values are clear, your decisions are easy● Building relationships while growing the client’s portfolio● Helping clients cut through the noise from financial media outlets● Advice for budding financial advisors● Active vs. passive investingErik Strid, CFP®, ChFC®, is a Founding Principal at Concentus Wealth Advisors. He has ove...2023-05-3034 min
Grow Your Business and Grow Your WealthTom Hegna, CLU, ChFC, CASLIn this podcast episode, 138, host Gary Heldt interviews Tom Hegna, CLU, ChFC, CASL,, a well-known economist and retirement income expert. They discuss the importance of having guaranteed income in retirement and the potential risks of relying solely on investments. Tom emphasizes the benefits of delaying Social Security benefits and how it can increase your long-term income. Tom also talks about the importance of having a financial professional in your arsenal and recommends utilizing free webinars and resources to educate yourself on retirement planning.Here are the key takeaways:
Having guaranteed lifetime income can improve your portfolio...2023-04-1225 min
Disruption Blueprint PodcastChoosing Growth And Overcoming Fear with Laura Hinton, ChFC (Ep. 25)“One can choose to go back toward safety or forward toward growth. Growth must be chosen again and again; fear must be overcome again and again.”
– Abraham Maslow
In this episode, Shannon Spotswood speaks with Laura Hinton, ChFC, about her journey to becoming an independent financial advisor. Laura shares how she got into the industry, why she decided to go independent, and how being a two-time breast cancer survivor has helped shape her career with lessons of perseverance, reacting vs responding, and the importance of a solid plan.
Laura discusse...2023-02-2841 min
The Retirement Learning LabVerizon Stock Analysis, Buy, Sell or HoldFor only the second time in 137 years, AT&T cut its dividend. That had to be like a gut punch for a lot of AT&T shareholders who were relying upon those dividends.So, is there still profit available in the wireless industry?Every month that I pay my AT&T Uverse bill, I think, how could this company not make money? But maybe I just answered my own question. AT&T has spread itself thin for about the past decade or more. They're trying to be far more than a wireless service p...2022-02-0728 minFinancial Life Planning for Busy ParentsWhy Hire a CFP?Finding a financial advisor is daunting because you know it’s important and yet it’s so hard to figure out. Bottom line up front: Start with finding Certified Financial Planners (CFP®) that understand your situation; do a little online research and then interview a couple.Tune into this week’s podcast to learn more about:Hiring a CFP®. This should be a minimum bar. There are plenty of planners out there and it shows a commitment to doing your best job for clients.Who calls themselves advisors? It could be a broker, someone working at...2021-08-3123 min
Providence Financial Retirement Show with Anthony SaccaroClient Case Story - False AssumptionsIn this episode, Anthony discusses a conversation with a real life pre-retiree. The problem is that this retiree was gambling her entire retirement on one assumption that may have been false. Take a listen to this show to learn how her perspective changed once Anthony educated her about what she didn't know. If you're going to retire in a few years and you own stocks, you'll want to pay attention. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> LET’S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com G...2021-08-3018 min
Providence Financial Retirement Show with Anthony SaccaroIs Your Goal for Retirement Helping or Hurting You?Have you set a goal for retirement? If so, have you set the right goal? In this episode, Anthony discusses a real retiree who set a goal which was actually hurting him! Take a listen to this episode as Anthony explains how his retirement goal was going to needlessly cost him two years of his retirement!2021-08-2623 minFinancial Life Planning for Busy ParentsBONUS: Stock Market BubblesIn this bonus episode, Matt and I continue our conversation about stock market bubbles and in particular behavioral economics. We discuss how the future investing models might change based on more studies of human behavior. Smarter people than the two of us will study and dissect the market in new ways based on human participants.We also chat about different areas of the markets, different aspects of bubbles, and how various investment strategies can work.Be sure to listen to the end where I reiterate why I pound the table on simple portfolio allocations!...2021-08-2421 min
Providence Financial Retirement Show with Anthony SaccaroGrown-Up BulliesWhen you think of bullies, you probably envision kids on the playground of your local school. But there are other kinds of bullies out there...grown up bullies...that can wreak havoc on your retirement if you're not aware of them. Take a listen to this show so you can reduce the chances of getting bullied!2021-08-2320 min
Providence Financial Retirement Show with Anthony SaccaroHow Do You Know When You Can Retire?Many of you are on the brink of retirement and are asking yourself if you can afford to. In this show, Anthony talks about a caller who wanted to know if she could retire within the next five years. Take a listen as Anthony discusses what you need to think about before retiring!2021-08-1923 minFinancial Life Planning for Busy ParentsAre we in a Stock Bubble?The stock market is reaching new all-time highs, which begs the question: Are we in a market Bubble? There are two areas to review when thinking about “bubbles” in the stock market: the market fundamentals (valuations) and investor sentiment (or behavior). Both of these are looking quite hot. On the fundamental side, the popular Shiller PE Ratio currently sits at 38.5. The only time this indicator was higher was in 2000, and you know how that ended.And investor sentiment, in general, is pretty happy, or dare I mention exuberant? From cryptocurrencies and NFTs, to Meme stocks...2021-08-1721 minFinancial Life Planning for Busy ParentsBONUS: Index Funds, Robos and MarketsBONUS Episode!Matt and I continue our conversation. Listen in to the discussion onZombie investors: how the massive uptick in index investors may be affecting marketsIs it Good? Are the capital markets still good for companies and investors? Have we gotten away from the point of investing?Complexity: If you can't explain it, don't invest in it.Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/2021-08-1521 minFinancial Life Planning for Busy ParentsWhy I No Longer Recommend Using Robo-AdvisorsI absolutely love what software can do for us, freeing up our time and energy to focus on the less mundane. And when Robo-Advisors first launched, with simple portfolios of low-cost index funds, they were great. Taking away the human emotions, keeping you invested correctly with a massively diversified portfolio - what's not to love?However, I've recently come across a few problems that stem from both the Robos themselves changing and how to handle distributions and tax situations with my clients - some first-hand information that I want to pass along.Robo-Advisors are getting...2021-08-1022 minFinancial Life Planning for Busy ParentsHow to Maximize Employer Benefits such as After-Tax 401k and ESPPOn today’s show, Meg Bartelt, CFP®, MSFP joins me to talk about how you should think differently about your total compensation in order to take advantage of your employer benefits. Meg is the founder of Flow Financial Planning, LLC, a fee-only, virtual financial planning firm dedicated to women in their early-to-mid career in tech. She specializes in equity compensation and not making people feel bad about their finances.Many employees of large tech companies are not taking full advantage of their employee benefits and leaving significant money on the table. If your employer offers after-tax...2021-08-0327 minFinancial Life Planning for Busy ParentsAre you Investing or Speculating?How do you make your money work for you? Do you take it to the casino and bet on black? Do you have fun at the race track? Do you save into your 401(k) and put the money into an index fund? Or do you buy individual companies each week on Robinhood?Each activity may win or lose you money in the future. Does that make it investing, speculating, or trading? Each word means something different and it’s important for you to understand how you are using your money.Let’s give a quick breakdown...2021-07-2721 minFinancial Life Planning for Busy ParentsHow to Invest Your Emergency FundYou need to have a plan in case of an emergency and typically you need some money to go with that plan: your Emergency Funds. First, let’s define Emergency: something which happens unexpectedly, which you could not easily predict would occur at this moment. Examples include losing a job, having a severe accident or having to take care of a loved one. As you can tell, these mostly include losing or temporarily leaving your job, which means no income for some period of time.Emergencies are not the fridge breaking down, car maintenance or a new...2021-07-2017 minFinancial Life Planning for Busy ParentsInvesting: Active Vs. PassiveWith the advent of the index fund in the 1970s, the battle began: actively managed funds versus passive index funds. Which belongs in your investment portfolio?Actively managed funds have people responsible for deciding which companies to invest in and include in the fund. These funds will typically have a strategy to invest in a certain sector or style such as US large-cap growth companies or emerging market companies. Passive funds, on the other hand, use rules that define which companies to include in the fund. Examples include the S&P 500 (500 largest US companies) or the Ru...2021-07-1321 minFinancial Life Planning for Busy ParentsWhy a 60/40 Portfolio is Not for YouThe majority of advice online is too generic to take seriously for your personal finances. The 60/40 portfolio (60% stocks and 40% fixed income) is used in academic research and might be the median portfolio for retirees - but that doesn’t make it appropriate for you.How should you construct your own portfolio for now and the future? Think about when you are going to spend your money and divide it into three categories:1-2 years: Invest this in CDs, checking/savings accounts or money markets3-7 years: Invest in a mix of bonds (or a bond fund) 7+ yea...2021-07-0621 minFinancial Life Planning for Busy ParentsIndependence Day: Are you Financially Free?As Independence Day approaches, it makes me think about all of our freedoms including the choice to make work optional. It’s a modern convenience, to be sure: retirement is a very modern idea.The interesting thing about financial independence is that it leads to other freedoms. Not only can you choose how to spend more of your time, you can speak your mind without fear of being cancelled. Ever notice how older friends tend to “tell it like it is”? As we gain wisdom, and freedom in life, we are more free to be ourselves in all thin...2021-06-2920 min
Breakthrough AdvisorRetirement-Related Considerations from Retirement Expert Tom Hegna, CLU, ChFC, CASL (Ep. 20)Subscribe While June is annuity awareness month, this week’s conversation goes beyond just annuities to encapsulate many other retirement-related components. In this episode, economist, author, and retirement expert Tom Hegna joins Jack Martin to break down valuable retirement considerations. Covering everything from retirement income and...
The post Retirement-Related Considerations from Retirement Expert Tom Hegna, CLU, ChFC, CASL (Ep. 20) first appeared on Simplicity InsurMark.2021-06-2332 minFinancial Life Planning for Busy ParentsShould you invest in Bitcoin?Bitcoin and other cryptocurrencies are all the rage. But should you invest your money in them?I recently received this listener question:“There is a lot of talk going on about Bitcoin and Dogecoin. Are they good investments?“Bottom Line Up Front: I do not currently recommend putting money in cryptocurrencies, because it would be mostly speculation and not investing. Realize that if you do not participate there’s a good chance of FOMO with the constant news and watercooler discussion (is that still a thing?)Julie and I discuss the followin...2021-06-2223 minFinancial Life Planning for Busy ParentsHow to Prepare for InflationInflation is all over the news: it’s a scary subject encouraging you to read more headlines. But how should you actually prepare your investment portfolio for potential inflation? As always: it comes down to planning.If you have a well-diversified portfolio of stocks and bonds then there’s good news: you can do nothing. Be ready to make adjustments as those investments go up or down, as you typically rebalance. There are two potential action items below, but first let’s consider:Gold: It’s not a given that gold does well in inflationa...2021-06-1521 minFinancial Life Planning for Busy ParentsFinancial Planning Done RightHow can you create a financial plan before you know where to aim? Your unique goals in life, what drives you, what you want to accomplish and what’s truly important - those are the targets. Not simply “retire someday”.You don’t have to read a ton of self-help books or try to discover this on your own. There is a process that has been refined by the Kinder Institute of Life Planning to help individuals and couples discover their most important desires and how to live the best life possible.Brad Tafoya is a Regist...2021-06-0828 min
Grow Your Business and Grow Your WealthTodd Bryant, CFP®, ChFC®, CLU®., AIF®, Founder Partner Signature Wealth Advisors, LLC.Todd Bryant, Founding Partner with Signature Wealth Advisors, LLC., leverages the support of a large and well-established organization, while still offering an intimate environment to work with clients to achieve their financial goals.Todd started his career in finance as a Financial Representative at Northwestern Mutual. Over the years, he continued his financial education and is a Certified Financial Planner™ Practitioner CFP®, Accredited Investment Fiduciary AIF®, Chartered Financial Consultant ChFC®, and Chartered Life Underwriter CLU®. He holds the Series 6, 7, 63, and 65 investment licenses and the 215-insurance license.In our conversation, Todd share insights on his journey includ...2021-06-0229 minFinancial Life Planning for Busy ParentsHow to create a paycheck in RetirementCongratulations! As you approach retirement, your investment portfolio has grown to a size that you suspect you’ll be fine to stop working and live the good life. But…. how do you actually generate income from those retirement accounts? And how should you invest now that you’re so close to retirement?I use a bucket strategy to talk about investing in retirement. There are three mental buckets:CASH: This is money you need in the next 1-2 years. It should be held in cash or money market accounts and ready to spend.INCOME: This money you will...2021-06-0122 minFinancial Life Planning for Busy ParentsEp15 - Roth IRA for MinorsYou don't often think of a retirement account for your children, but the Roth IRA is too appealing to pass up. Once you get money into a Roth IRA, it grows tax-free forever, which is a very long time for a young child!Megan Russell from Marotta Wealth Management joins me to discuss the myriad of benefits of this amazing account.Tips covered in this episode include:How Young?: You can start this anytime that your child can independently do tasks that you're willing to pay her for. You can open up a...2021-05-2543 minFinancial Life Planning for Busy ParentsEp 14: How to turn $3,000 into $50,000,000!Yes, you can turn $3,000 into $50 million dollars. What's the catch? It takes a long time. So, unfortunately, you won't be around to spend it. But this is a great way to think about setting up your kids or grandkids for long-term financial success.It's really simple math that relies on compound interest to generate significant growth over many years. The basics:Invest $3k into a Small Cap Value Index Fund when your child is born.Assume 12% growth of that fund (which is the historical average for the last 100 years for SCV funds)As your child has...2021-05-1827 minFinancial Life Planning for Busy ParentsEp 13: Should you invest in individual stocks?If you are thinking about investing in individual company stocks, what should you consider? In today's episode we discuss:Risk versus Reward: A company that does well has the potential to have its stock price go up over time, making you a lot of money. However, the opposite is also true: you can lose all your money if it goes out of business.Diversification: Owning a single company makes you tied to their individual success or misfortune. Even if the sector or economy does well, you may not make money. Portfolio: You can create your own portfolio using...2021-05-1120 minFinancial Life Planning for Busy ParentsEp 12: How to invest extra cash into the Stock MarketA listener asks the following question: "I’ve luckily survived the pandemic so far and my job has continued to be busy. Through the last few years, I’ve found that my savings have grown quite nicely but I’ve been hesitant to invest the extra cash into the market. Now I realize I have about $200,000 in cash that I can invest for the future. How do I get that invested when the market seems high? I know that I should do it, but it’s hard to pull the trigger. "The academic research shows that the short answer...2021-05-0425 minFinancial Life Planning for Busy ParentsEp 11: How to think about Insurance to protect you and your familyI tell all my clients: you have to protect yourself from financially catastrophic events before we can plan savings and investments for your future goals.Insurance involves thinking about "the bad things" that might happen, so it's not a fun topic. But it's very important to ensure nothing comes along and wipes you out financially.In today's show we chat about:What to consider when reviewing health insurance? What are the premium, deductible, and out-of-pocket maximums?Who should consider Long Term Care Insurance (hint: in your 50s is a great time to consider it...2021-04-2721 minFinancial Life Planning for Busy ParentsEp 10: After-Tax 401(k) ContributionsWould you like to have more $$ growing in a tax-free account forever? Let me show you how:Maximize your 401(k) contributions, $19,500 for 2021 into your Traditional 401(k) [or maybe the Roth 401k]Add after-tax contributions to your 401(k). Maybe 5%, $10,000 or even $30k. Whatever you are allowed within your employer's plan.Immediately roll those after-tax contributions to the Roth "side" of your 401(k) plan.Enjoy tax-free compounding growth and tax-free distributions in retirement!Your 401(k) account is a great place to save money for your retirement. These accounts are typically used to save from your current income, get...2021-04-2026 min
Power Your AdviceEpisode 30 – Delivering Financial Planning in 30 Seconds – with Adam Holt, CFP®, ChFC®Adam Holt is the CEO and Founder of Asset-Map, an award-winning software platform that combines design thinking and personal finance to help advisors display their clients’ complete financial picture. In this episode of Power Your Advice, Doug Heikkinen and Adam discuss how Asset-Map came to be, and how they strive to help advisors deliver exactly … Continue reading Episode 30 – Delivering Financial Planning in 30 Seconds – with Adam Holt, CFP®, ChFC® →2021-04-1421 minFinancial Life Planning for Busy ParentsEp 9: How to use your HSA as a Retirement AccountYou could use your Health Savings Account (HSA) to pay for current medical expenses. However, if you can, I recommend that you invest the full HSA amount into the stock market and allow it to grow and compound. The HSA is the only account that has triple-tax benefits: you don't pay taxes on contributions, growth or withdrawals (for qualified medical expenses). Did you know:You can save your receipts for current medical expenses and pay yourself back in the future?You don't have to have the money in your HSA currently, as long as...2021-04-1315 minFinancial Life Planning for Busy ParentsEp 8: How to use a Backdoor RothA backdoor Roth is a way for high-income earners to be able to contribute money into a tax-free Roth IRA account. It is a matter of contributing non-deductible money to a Traditional IRA and then converting that to a Roth IRA. The tricky part comes during the conversion: If you have any money in an IRA that has not yet been taxed, you're going to owe taxes on that.In today's episode we discuss:The difference between a Traditional IRA and Roth IRAA simple example of a backdoor Roth when you have no other IRA accounts...2021-04-0621 minFinancial Life Planning for Busy ParentsEp 7: Which account should I save money next?From savings to brokerage, 401ks, HSA, and 529 accounts: there are a lot of accounts to choose from! Where should you focus your savings? What is the "right" account to put your money to save on taxes and grow it for the future? Today we discuss the order of account funding, which accounts to focus on first, second and third. Listen as we discuss:Paying off high-interest debt firstSaving for EmergenciesFinding free money (401k match and 529 state-tax deductions)Health Savings Accounts (HSA)Roth IRA and backdoor Roth contributions457 deferred compensation plansSEP IRA, 529s and more...2021-03-3022 min
Financial Planning ExplainedBusiness Succession Planning with Michael Egan, ChFCBusiness succession planning is an important part of operating a business, especially for small-business owners and owners who are nearing retirement.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Michael Egan, ChFC. Michael Egan is the founder of JME Financial Services, before merging with Menninger & Associates in 2019.
By making business succession arrangements early, owners help make a smooth transition and minimize any negative effects of their departure on the company.
2021-03-3029 min
Grow Your Business and Grow Your WealthSarah Carlson CFP®, CLU, CHFC, Owner-Fulcrum Financial GroupSarah Carlson is the owner of Fulcrum Financial Group based in Spokane, Washington. Sarah has a system to help people navigate the many complexities that money can bring to life. She works to help simplify the process, whatever the dream may be, from early retirement or traveling the world, to leaving a legacy for future generations, or something else. Sarah’s credentials include being a graduate of Yale University, a Certified Financial Planner™, Chartered Life Underwriter®, and Chartered Financial Consultant®. Her areas of experience include securities, trust, wills, investments, and retirement planning.In our conversation, Sarah t...2021-03-2427 minFinancial Life Planning for Busy ParentsEp 6: My company just went through an IPO. Now what!?A listener asked the following question:"My company just went through an IPO. I have been working for a large technology company for the past 7 years. I am 34 years old, single, and find myself in an entirely new situation. My stock is now worth over $4m dollars and I have no idea what exactly I should do next! How do I think about this new wealth? Do I sell some of my stock or all of it? What else should I be thinking about? I’m still working at the same company but might leave soon to...2021-03-2318 minFinancial Life Planning for Busy ParentsEp 5: What is a Donor Advised Fund and why have one?What is a Donor Advised Fund? How does it work and why would you want to open one? What exactly are the tax savings? And be sure to listen to the end where I review some real-world strategies used by clients.We cover topics such as:A Donor Advised Fund is simply an account that you own.How to open a Donor Advised FundHow to transfer money into a DAFWhy most Americans do not get a tax deduction for their charitable giftingHow to use a "bunching" strategy.How to use a DAF in high-income years such...2021-03-0923 minThe Retirement Learning LabDaily Stock Analysis– Mortgage-backed REITs, high dividends, and potential perilsREITs or real estate investment trusts have been around since 1960. REITs allow investors to invest in real estate without direct ownership. This investment vehicle can be simple or incredibly complicated. Many people are attracted to the high current dividends. There can also be an illusion of safety because the mortgages used in some REITs are back by the US Government. In today's show, I discuss the opportunities REITs offer. Plus, I discuss the downside too. Investors can learn a lot from the market crash in mortgage-backed REITs that began with the Coronavirus market crash between February and March of 2020...2021-03-0828 minThe Retirement Learning LabDaily Stock Analysis– Spotify – how can it grow after posting losses? Incredibly Spotify does.Spotify has beat back the Goliaths of the music and podcast world. When you think of streaming music and podcast, investors may think that Amazon, Apple, and Google dominate everything. That is wrong! Spotify is not as diversified as Amazon, Apple, or Google, but it is growing in the land of giants. The company is focusing only on customer streaming. That emphasis has allowed Spotify to have consistent growth of users, attract more artists, increase subscriptions and increase ad revenue. But here's a puzzler. The stock keeps going up, and the company posts a net loss year after year...2021-03-0329 minThe Retirement Learning LabDaily Stock Analysis– ExOne, can sand & metal 3D printers shorten the industrial supply chain?ExOne is not your average 3D printer manufacture. ExOne develops and manufactures 3D printers for rapid prototyping and manufacturing of industrial parts and components. The market for industrial 3D printing is vast. The challenge is getting industry on board. The question investors should be asking is this. Can 3D printing be cost-efficient enough and fast enough to replace traditional supply channels? Additionally, an attractive twist for investors to 3D industrial printing is the military applications for the battlefield. That is what I am talking about today on the Daily Stock Analysis. Listen, learn, and follow. If you'd l...2021-02-2736 minThe Retirement Learning LabDaily Stock Analysis – GE has strong cash flow, but will the winter storms affect renewables?GE was once one of the largest companies in the world. They have lost about two-thirds of their value since 2015. But their turnaround is looking good. They have a strong cash flow. They are also one of the largest manufactures of wind turbines used in the State of Texas. How will the recent winter storms affect their future? That is what I am talking about today on the Daily Stock Analysis.Listen, learn, & subscribe If you'd like to view this episode or previous episodes, visit https://youtube.com/c/richardsfinancialplanning #alternativeenergy #energy #aviationAdditionally, if y...2021-02-2437 minFinancial Life Planning for Busy ParentsEp 4: Individual Retirement Accounts: Traditional vs. RothIn today’s episode, I’m interviewed by Matt Robison in his on-air radio show Your Money - where we discuss Traditional IRA vs Roth IRA. Where should you invest your money? Which one makes more sense? And be sure to listen to the end where we talk about Roth Conversions and Back-Door strategies. We cover topics such as:What is an IRA?What is the difference between a Traditional IRA and a Roth IRA?Which type of account is best?If I’m young and starting my career, should I use a Roth?What if I’m in the...2021-02-2322 minFinancial Life Planning for Busy ParentsEp 3: Health Savings Account (HSA) - What is it and how to use it?In today’s episode I’m interviewed by Matt Robison in his on-air radio show Your Money - where we talk about Health Savings Accounts or HSA. What is this type of account? And how does it work?. And be sure to listen to the end where we talk about how investing in your HSA can save you thousands of dollars. We cover:What is a Health Savings Account (HSA)How do you qualify to open an HSA?How do you contribute money?How do you invest the money in your HSA?What medical expenses qualify for use...2021-02-1221 minThe Retirement Learning LabDaily Stock Analysis – Zoetis, the world's largest animal health company. Is it recession-proof?Zoetis is the world's largest animal health company. Zoetis may very well be a recession-proof company. Despite the pandemic, Zoetis has prospered. The majority of the company's revenues come from the companion animal market. The stay-at-home phenomena have increased pet ownership and made pet owners more aware of their pet's physical situation. Couple that with Zoetis' animal drug development, the addition of point-of-care services and you have a company making the most of a bad situation. That is what I am talking about today on the Daily Stock Analysis. Listen, learn, & subscribe. If you'd like t...2021-02-1132 minFinancial Life Planning for Busy ParentsEp 2: Portfolio Allocation - How to think about your investmentsIn today’s episode I’m interviewed by Matt Robison in his on-air radio show Your Money - where we talk about Investing and Portfolio Allocation. What is a stock or bond? How should you think about diversifying your portfolio? And be sure to listen to the end where we discuss how to think about your portfolio and investing future.2021-02-0922 minFinancial Life Planning for Busy ParentsEp 1: Stimulus Package - What it means for YouIn today’s episode, I’m interviewed by Matt Robison in his on-air radio show Your Money - where we talk about the latest Stimulus package. Have you received your checks? Does the unemployment benefit continue or increase? What are the changes when it comes to taxes and deductions? And be sure to listen to the end where we discuss what wasn't included this time.2021-02-0523 minThe Retirement Learning LabDaily Stock Analysis – BNY Mellon – Even financial giants grapple with COVID 19 impact.Bank of New York Mellon Corporation is like a giant, spinning plates while skating on ice. While that may seem impossible, BNY Mellon is handling the pressure with grace. Service fees generate about 80% of BNY Mellon's revenue. Most of their seven lines of business continue to produce but at a level rate. Hopefully, 2021 may change the economic trends of 2020. That is what I am talking about today on the Daily Stock Analysis. Listen, learn, and subscribe. If you'd like to view this episode or previous episodes, visit https://youtube.com/c/richardsfinancialplanning #investing #economy #bankingindustry2021-02-0530 minThe Retirement Learning LabDaily Stock Analysis – Energy Transfer – should you choose a stock because of its dividend?Energy Transfer has one of the furthest reaching networks of oil and gas in the US. But projects like the Dakota Access Pipeline illustrates the difficulty that may lie ahead. How will earnings be affected for Energy Transfer if the DAPL halts transporting oil? Energy Transfer's dividends are incredibly high, and the stock price is relatively low. Then again, how low can it go? That is what I am talking about today on the Daily Stock Analysis. Listen, learn, & subscribe. If you'd like to view this episode or previous episodes, visit https://youtube.com/c/r...2021-02-0228 minThe Retirement Learning LabDaily Stock Analysis – Macerich Company -will it be the next "Short Squeeze" or not?Macerich is one of the most highly shorted stocks in the market now. What's that mean??? Could it be the next GameStop or AMC? Maybe or maybe not. The interesting thing about Macerich is its valuation. Today, I talk more about short selling and its effect on companies like Macerich. That is what I am talking about today on the Daily Stock Analysis. Listen, learn, and subscribe. If you'd like to view this episode or previous episodes, visit http://www.youtube.com/c.richardsfinancialplanning #investing #markets #commerceAdditionally, if you are in Texas...2021-01-3041 minThe Retirement Learning LabDaily Stock Analysis – Munich RE – Climate change profit and coping with the pandemic.Munich RE is one of the most stable reinsurance companies in the world. But they are not isolated from the effects of the coronavirus pandemic. Losses are mounting. However, insuring climate change related events and circumstances have bolstered Munich RE's profits. Don't let the complexity deter you from learning about this 140-year-old dividend-paying company. That is what I am talking about today on the Daily Stock Analysis. Listen, learn, & subscribe. If you'd like to view this episode or previous episodes, visit https://youtube.com/c/richardsfinancialplanning #investing #markets #commerceAdditionally, if you are in Texas an...2021-01-2830 minThe Retirement Learning LabDaily Stock Analysis – Snam owns most of the gas infrastructure in Italy. How are the dividends?Most investors looking for dividend-paying stocks don't look to Europe. That could be a mistake. As Europe works to gain independence from Russian gas supplies, Italian gas supplier Snam fills the gap. And it pays dividends. But how secure are they? That is what I am talking about today on the Daily Stock Analysis. If you'd like to view this episode or previous episodes, visit https://youtube.com/c/richardsfinancialplanning #oilgas #alternativeenergy #investingAdditionally, if you are in Texas and you're frustrated with your personal financial growth, I have a new program fo...2021-01-2521 minThe Retirement Learning LabDaily Stock Analysis – Opendoor strives to disrupt the home buying market. Can they?Opendoor is an iBuyer for the home real estate market. They portray a simple certain, fast and safe way to buy and sell a home, all online. Opendoor has been around since 2014. But they came to life as a public company through a SPAC. How do they compete, and how do they compare. That is what I am talking about today on the Daily Stock Analysis.If you'd like to view this episode or previous episodes, visit http://www.youtube.com/c.richardsfinancialplanning #investing #realestate #onlineshopping Additionally, if you are in Texas and you're fr...2021-01-2227 minThe Retirement Learning LabDaily Stock Analysis – Steris keeps medical procedures infection free! Is it profitable???Steris is an Irish (former US) company specializing in helping medical facilities keep procedures infection-free. The pandemic has slowed growth from surgeries, but what about the push to keep medical facilities COVID free? Will the surgery business recover soon, and how are they affected by the recent acquisition of competitor Cantel? That is what I am talking about today on the Daily Stock Analysis.If you'd like to view this episode or previous episodes, visit https://www.youtube.com/c/richardsfinancialplanning.com #investing #healthcare #medicine Additionally, if you are in Texas and you're frustrated wit...2021-01-2131 minThe Retirement Learning LabDaily Stock Analysis – Home Depot – Stimulus may boost growth even more!Home Depot's growth over the past year has been good. The stay-at-home phenomenon has ignited a home improvement boom. How will more government stimulus to consumers affect their future growth? Plus, are they drowning out their competition? Maybe not. That is what I am talking about today on the Daily Stock Analysis. Listen, learn, subscribe to join in the conversation. Leave a comment and let me know what you think. #workingathome #money #economyAdditionally, if you are in Texas and you're frustrated with your personal financial growth, I have a new program for that called the...2021-01-1627 minThe Retirement Learning LabDaily Stock Analysis – Pfizer is the top COVID-19 vaccine maker. How are earnings affected?Daily Stock Analysis – Pfizer is the top COVID-19 vaccine maker. How are earnings affected? Many people only know Pfizer as a COVID-19 vaccine maker. Their vaccine could turn the tide against the spread of the coronavirus. But how much will that affect their earnings? With six business units, vaccines are only one. Plus, it is not the most profitable. Are they undervalued, and what does their future look like? That is what I am talking about today on the Daily Stock Analysis. If you'd like to view this episode or previous episodes, visit https://youtu.be/mE8i...2021-01-1427 minThe Retirement Learning LabDaily Stock Analysis – Salesforce.com has had an amazing year. Can it continue?The past year has affected many businesses in different ways. Salesforce.com has been in a unique position. When business revenues are being squeezed, they offer ways to get more. As a result, Salesforce.com revenues have skyrocketed. But can it continue at this pace? Today we talk about their business and profits. That is what I am talking about today on the Daily Stock Analysis.If you'd like to view this episode or previous episodes, visit https://youtu.be/7_C6ly4PGWA#marketing #investing #technologyAdditionally, if you are in Texas and yo...2021-01-1327 minThe Retirement Learning LabDaily Stock Analysis – John Wiley & Sons– Online learning surges profitsJohn Wiley & Sons is one of the foremost global academic publishers. The coronavirus pandemic has been a notorious revealer of trends and weaknesses in the economy. The pandemic has accelerated the trend to online learning and John Wiley & Sons have benefited. But is that trend here to stay. Today we talk about their business and profits. That is what I am talking about today on the Daily Stock Analysis. If you'd like to view this episode or previous episodes, visit The Daily Stock Analysis on YouTube at https://youtu.be/FdJeRu1zMJUAdditionally, if...2021-01-1229 minThe Retirement Learning LabDaily Stock Analysis – Compass Minerals International – the profits in salt mining & sales.Compass Minerals International specializes in one thing, salt. But salt is used in so many ways. Salt has been used by humankind for thousands of years. Today's usage is vastly different than in centuries past. Early Egyptians first traded salt in the form of salted fish. Food still benefits from salt. But it's also used to clear icy roads and improve the growth of various plants. Compass Minerals supplies salt for a myriad of uses. The company is considered a small-cap company, but they are a heavyweight in the world of salt. Today we talk about their business and...2021-01-1131 minThe Retirement Learning LabDaily Stock Analysis – Innovative Industrial Properties – specializing in medical cannabisIn California, The Compassionate Use Act of 1996 made it the first state to legalize medical marijuana for patients with chronic illnesses. Since then, several other states have also made medical use of cannabis legal. Innovative Industrial Properties specializes in properties for the cultivation, processing, and retail sales of medical marijuana. What are the possibilities for future financial growth? That is what I am talking about today on the Daily Stock Analysis.Listen, learn, subscribe to join in the conversation. Leave a comment and let me know what you think. #entrepreneurship #medicine #realestateIf you'd like t...2021-01-0832 min
The Retirement Learning LabThe Daily Stock Analysis Podcast TrailerOn the Daily Stock Analysis, you can learn how to identify stocks that may fit your investment preferences. In this trailer, you'll learn three simple characteristics that can be used to identify stocks that may fit your preferences. Subscribe and begin learning how to achieve your investment objectives today.To see and listen to the many previous stock analysis, visit the Daily Stock Analysis Channel on YouTube at https://www.youtube.com/c/richardsfinancialplanning 2021-01-0806 min