Shows
Niche Pursuits Podcast: Find Your Next "Niche" Business Idea!How Forrest Baumhover Recovered $10K Worth of Monthly Traffic to His SiteIn this episode, Forrest Baumhover shares the inspiring story of how he rebuilt his personal finance website after it was hit hard by Google's Helpful Content Update. From ranking for just 16 keywords at its lowest point to earning over $10,000 per month, Forrest reveals the strategies he used—including leveraging a faceless YouTube channel—to recover and grow. If you're facing SEO challenges or algorithm setbacks, this episode is packed with valuable insights and motivation. ** Podcast Sponsor - Jolly SEO Ready to join a niche publishing mastermind, and hear fr...
2025-05-3051 min
MILMO ShowWhat Most People Get Wrong About Taxes and How to Fix ItTaxes can feel like a mystery, and for many, they're scary. Add in a military transition, accidental landlord, or a side hustle, and it's easy to feel overwhelmed. But understanding your taxes and planning ahead can make a huge difference, not just in your wallet, but in your peace of mind. In this episode, Forrest Baumhover shares his journey from Navy to financial planner to online educator, and how he's helping people confidently tackle their taxes. We dive into the most common tax mistakes, why planning matters year-round, and what service members should know about building their...
2025-04-2135 min
YouTube Creators HubWhy Adding Video to Your Website Changes Everything | Forrest's Creator StoryJoin us for this week's episode of the YouTube Creators Hub podcast as Dusty interviews Forrest Baum, the creator of the Teach Me Personal Finance YouTube channel. Forrest shares his journey from transitioning out of the military to helping people better understand financial matters. Learn how he built his channel and website, monetizes his content, and how his simplistic approach to video production has resonated with his audience. Dusty and Forrest discuss website acquisition, the importance of knowing your audience, and future plans for growth. What We Offer Creators Join Creator Communities. A place to gather with...
2025-03-2832 min
ChooseFI487 | Military FI: Optimizing Your Financial Plan before Military Retirement | Daniel Kopp, CFPIn this episode: survivor benefit plans, VA benefits, VSO's disability benefits, tax planning, healthcare, and blended retirement systems. This week we are joined by Daniel Kopp, founder of Wise Stewardship Financial Planning, to outline ways you can best prepare for military retirement. Together we cover pensions, navigating the Survivor Benefit Plan and additional benefits, healthcare and disability resources, as well as other financial decisions you can consider as you begin to transition out of the military. When dealing with any kind of retirement planning, taking actionable steps to prepare and get a plan in place for you...
2024-04-1559 min
Military to Financial Planner PodcastBoth Sides of the ID Card and Building an Ideal Firm with Pam BergesonIn this episode, we welcome Pam Bergeson to the podcast as she shares about her varied military career and now second career as a financial planner. Pam is the founder of Tailwind Financial Planning where she specializes in serving dual military officers and senior military leaders in their career transition. Over her thirty-year military career, Pam learned the importance of setting goals and building a plan to achieve them, and her nearly 35 years as a military spouse reinforced the importance of flexibility and adapting to new challenges. Her story and experiences on both sides of the “ID Card” motivated her...
2023-02-0138 minMilitary to Financial Planner PodcastPivoting to Best Career Fit with Derek MerklerDerek Merkler joins us today to talk about his career journey. After his initial 8 years in Army aviation, Derek started out in financial planning working for a firm where he cut his teeth in the profession. He realized that there aren’t many financial advisors who work primarily with veterans to put together comprehensive and holistic plans and build long-term wealth. Rather, companies large and small have advisors whose job is to sell their own products, often with commissions and sales targets. For them, a veteran can become merely a number. Ultimately, Derek wanted some more control ov...
2023-01-1841 minMilitary to Financial Planner PodcastCoaching, Counseling, & Mentoring with Andi WrennIn this episode, I’m chatting with my friend and colleague, Andi Wrenn. She has been involved at the intersection of personal finance and military life for many years now. Andi is an AFC as well as having a masters in marriage and family therapy that helps inform her work with clients. It might surprise you to know that Andi is a career changer having previously been a coach. owning gymnastic clubs, and being a math teacher. After becoming a military spouse, Andi found herself heavily involved in helping other military families with money which led her to the Ac...
2022-12-1440 minMilitary to Financial Planner PodcastCFP Study & Exam Success with Adam SchererI’m excited to welcome Adam Scherer on the podcast. He is a CFP and EA as well as having two masters degrees including in personal financial planning. In addition to running his own RIA, Adam has been a professor teaching CFP curriculum for many years. One of his primary current roles is as Vice President of Product Development and Innovation at The Boston Institute of Finance or BIF, Bryant University CFP program. As we discuss, Adam is a career changer himself so he shares some lessons learned along his career path. You will find his exam and coursework ti...
2022-11-3043 minMilitary to Financial Planner PodcastDiscovering the World of Personal Finance with Adrienne RossI’m excited to welcome Adrienne Ross on the podcast. She is a CFP, ChFC, and AFC as well as the founder of Clear Insight Financial Planning based in Washington state. Adrienne shares her personal journey as a young military spouse discovering personal finance to de-mystify the whole process. As she learned she shared her knowledge with other military families as they navigated an endless series of significant life changes. There’s an adage, “A rising tide floats all boats.” She believes this to be true when it comes to financial planning. Over the past fifteen years, service to others be...
2022-11-1636 minMilitary to Financial Planner PodcastGenuine Sales Success with Nancy BleekeNancy Bleeke joins the podcast to talk all about the power of sales in one of my favorite recent conversations! While she’s always been entrepreneurial, finding a passion in sales was never the plan. Who would ever want to be “in sales”? she thought. Yet, she found her calling helping people who also never saw themselves in sales, succeed in selling! With a focus on making conversations productive for everyone involved, her Genuine® branded training modules guide professionals to fill their funnel, convert prospects efficiently, and retain loyal clients with a comfortable, collaborative approach. Sales Pro...
2022-11-0238 minMilitary to Financial Planner PodcastFighter Pilot Focus with Brian O'NeillToday on the podcast we welcome Brian O’Neill; CFP, and founder of Winged Wealth Management and Financial Planning. Brian launched his firm in early 2021 after retiring from the Air Force with a specific focus on working with military pilots. Brian flew F-16s and F-35s while on active duty, served as Weapons School instructor, and commanded in various roles before finishing his career at Eglin AFB, FL. Winged Wealth Management and Financial Planning began many years ago with an idea that Brian had: In order to get sound financial advice, pilots and the military community shouldn’t have...
2022-10-1939 minMilitary to Financial Planner PodcastFinancial Coaching - Stacy Stacy Livingstone-Hoyte's CareerToday on the podcast we welcome Stacy Livingstone-Hoyte; personal finance counselor, coach and founder of Financial Care Today. Over her financial life and career she’s had a variety of experiences including understanding money as an immigrant to the US, working in a variety of wirehouses, broker dealers, and insurance companies. There was a lot to absorb and figure out as she started from scratch, with zero assets or savings, credit standing, insurance, inheritance or knowledge of how things worked.. On the family front, she is part of a military connected community so she shares how those challenges impacted he...
2022-10-0537 minMilitary to Financial Planner PodcastAdvancing the Profession - Sean Gillespie's Career (Part 2)This is the second part picking up from our last episode with Sean Gillespie of Redeployment Wealth Strategies so if you haven’t listened to that episode first, stop and go ahead to do that first. For everyone else, I love hearing Sean’s passion in this episode as he and Paul Allen decided to join forces, the evolution and growth in both clients and staff that their firm has had, and the broader vision for the profession that helped give birth to the Military Financial Advisors Association or MFAA. There are a lot of career ideas and advice abou...
2022-09-2141 minMilitary to Financial Planner PodcastWinding Path to Success - Sean Gillespie's CareerIn this first part of a two-part episode, I am talking with Sean Gillespie who is the co-founder and partner at Redeployment Wealth Strategies, an RIA based in VA Beach that specializes in serving military families. In this episode Sean shares his journey how he in many ways stumbled into the profession of financial planning and what his early experiences were like in the broker dealer and hybrid RIA world. I appreciated Sean’s candor in how hard the first years were and the valuable lessons learned along the way. Be sure to catch the books and resources that he...
2022-09-0736 minMilitary to Financial Planner PodcastIT for RIAs - David Kakish InterviewDavid Kakish is the President and CEO of RIA Workspace. He is an author, successful entrepreneur, and an advocate for better, more secure IT. It’s his belief that small and midsize Registered Investment Advisors and Financial Advisors are different than other businesses. He likes to think of these RIAs as the Small Giants in the financial services industry. David is committed to higher standards and easier access to enterprise-level IT and cyber security for small and midsize RIAs. He believes that an off-the-shelf IT setup doesn’t meet the unique needs of the industry and encourages RIAs...
2022-08-2434 minMilitary to Financial Planner PodcastMilitary Scholarships from The American College of Financial ServicesRick Nail joins us on the podcast today to talk about the amazing scholarships for the military community from the American College of Financial Services Center for Military and Veteran Affairs. He shares about what the college is about, the history of the school, programs/certifications offered, etc. as well as diving into all the details of the scholarships and certifications it provides for. Rick walks us through how to apply and the logistics of the process as well as lots of advice. Rick.Nail@theamericancollege.edu https://militaryaffairs.theamericancollege.edu/
2022-08-1039 min2022-07-2824 minMilitary to Financial Planner PodcastEmpowering Women Clients: Michelle Petrowski InterviewMichelle Petrowski joins us on the podcast to share about her journey as a career changer into financial planning, her work as a CFP and CDFA in the divorce space, the opportunities she had to help military families along the way, and what her firm is like now working with empowering women with both financial planning and life coaching. What I loved here is how transparent Michelle was about the personal experiences that mirrored the professional, how she had to restart so much of her life and career on several occasions, and the ways in which the power of...
2022-04-2740 minMilitary to Financial Planner PodcastFavorite Resources - Podcast EditionFinancial planning represents a classic kind of knowledge profession. As such, there is almost an infinite amount of information out there that you can continue to learn and grow to become better at your craft. Being constantly curious is a key skillset to succeed in this profession. I get asked frequently what are some of my favorite resources that I personally use in this field so I wanted to put together a list of podcasts to help give you ideas of other shows to listen to. This will probably be more than you can handle or have...
2022-04-1329 minMilitary to Financial Planner PodcastCareer Changer Advice: Daniel Yerger InterviewListen in this interview as Daniel Yerger shares his career journey from PSYOPS Army life to career changer into financial planning, now owning his own firm, teaching investment planning, and pursuing his PhD. He also recently published a new book on career-changing into financial planning that is a must-read for learning about the nuances, challenges, and opportunities of making the leap. https://www.amazon.com/Getting-Door-Starting-Financial-Planning-ebook https://www.mywealthplanners.com/
2022-03-2341 minMilitary to Financial Planner PodcastLacey Langford's Career Journey + MilMoneyCon!MilMoneyCon is a new conference hosted by Lacey Langford for financial professionals united by military service. Our mission is to bring together service members, veterans, and military spouses to help build and progress their careers, continue their education, and grow their earning power as practicing or rising financial professionals. https://milmoneycon.com/
2022-03-0939 minMilitary to Financial Planner PodcastBenefits of Attending Industry ConferencesConferences are like going TDY for training--you need to strive for a decent balance between enhancing your skill set and actually getting things done. We’ve all seen those people that are always TDY for different training, and not doing actual work. However, there are some great networking and learning opportunities at conferences if done wisely. In this episode, Forrest and Daniel discuss the benefits they see in conferences as well as cons and costs in your time and money to plan for.
2021-12-2225 minMilitary to Financial Planner PodcastTax Preparation as a Client ServiceFinancial planning and tax preparation are ultimately two separate services that some planners decide to include in their offering while others outsource it or work with the clients’ tax preparers. There are pros and cons to both. In this episode, Forrest and Daniel share ways to think about it and how it might apply to your firm and career journey. The bottom line though is that tax planning is incredibly valuable and important regardless of the tax prep decision. Join our private community for listeners: https://tinyurl.com/2dr24bn6
2021-12-1528 minMilitary to Financial Planner PodcastPros and Cons of Joining a Firm vs Starting Your OwnThere are many career paths in financial planning but most are two versions of joining an existing firm or starting some version of your own. In this episode, Daniel and Forrest share more about how to think about both options for your career goals. Join our private community for listeners: https://tinyurl.com/2dr24bn6
2021-12-0828 minMilitary to Financial Planner PodcastThe Importance of a Five Year PlanAs with many aspects of military life, try to begin with the end in mind. You should be building and iterating a five year plan as you look ahead to a career in financial planning but also as you approach the various aspects of military life in the interim. Part of that is defining “enough” ahead of time so you ultimately build toward the life you want. Being intentional about this evokes the Japanese concept of ikigai, or your reason for being. In this episode Forrest and Daniel share how you can build your five year plan towards the life...
2021-12-0125 minMilitary to Financial Planner PodcastFinancial Counselor to Financial Planner - Andrea Clark InterviewAndrea Clark, CFP, joins us this episode to talk about her career journey as a military spouse, earning the AFC and CFP credentials, working as a base financial counselor, and ultimately launching her own financial planning firm. As a longtime military spouse and financial counselor for military families, Andie brings a wealth of knowledge and experience to this interview. In this interview she shares her career journey, how being an AFC helped her develop critical soft skills working with clients, what ultimately drove her to launch her own practice, and many of her favorite resources along the way. Andie’s...
2021-11-2427 minMilitary to Financial Planner PodcastHow to fire a clientWhile this might be a later stage firm topic, begin with the end in mind. True financial planning is always in service of the client and what’s best for them. Sometimes, you will encounter situations where a client wants or needs “X” and for whatever reason, you don’t do “X.” A mismatch in communication is often the culprit here. Ultimately though, sometimes you need to fire a client. In this episode we share some thoughts on how to go about it.
2021-11-1727 minMilitary to Financial Planner PodcastBuilding a Support Network Around You as PlannerGood financial planning is a team sport. Don’t go it alone but instead be intentional about building a support network around you! That involves family and your partner as well as friends, colleagues, peers, mentors, and more. In this episode, Forrest and Daniel talk about navigating your professional networks and how to bring all of this together in your own financial planning career. Join our private community for listeners: https://tinyurl.com/2dr24bn6
2021-11-1020 minMilitary to Financial Planner PodcastWhat does comprehensive, holistic financial planning look like?True financial planning goes beyond any one topic and holistic advice encompasses all aspects of financial health and wealth. In this episode, we talk about what that kind of planning looks like and how you can work to integrate all aspects in your work. Understand your competency and licenses so you don’t go beyond them. Ultimately, you must also remember that you can’t want your client to do something more than they do. Join our private community for listeners: https://tinyurl.com/2dr24bn6
2021-11-0325 minMilitary to Financial Planner PodcastEarly Stage Career Advice with Hannah MooreHannah Moore joins us on the podcast to share about FPA Externship, gaining early stage career experience, Amplified Core Planning, her career journey, and so much more! Hannah is a Certified Financial Planner™ and Certified Financial Transitions™ expert. She is the owner of Guiding Wealth, host of the podcast You’re A Financial Planner, Now What, heads up the FPA Externship program, and has also created the new Amplified Planning CORE program.
2021-10-2730 minMilitary to Financial Planner PodcastGetting the CFP Experience Hours Before Your Career TransitionThere are 2 ways for candidates to fulfill the experience requirement for CFP® certification: the 6,000 Hour Standard Pathway or the 4,000 Hour Apprenticeship Pathway. You can earn qualifying experience in a number of ways, from engaging with clients directly to supporting the financial planning process to teaching financial planning-related courses. Daniel and Forrest share their experience and recommendations for you to advance your career experience and how you might be able to accumulate many of these hours before your military separation.
2021-10-2023 minMilitary to Financial Planner PodcastFinancial Coaching vs Financial Advice/PlanningCoaching vs advice? Why is this distinction so important? In a word--regulation. Anyone can give financial advice, for free (you get what you pay for). Once you hold yourself out as a coach, advisor, counselor, or any other position for which you receive compensation, then you need to be mindful of what advice you’re giving, and whether you’re properly licensed. Don’t mess this up as it can get you in hot water.
2021-10-1329 minMilitary to Financial Planner PodcastUnderstanding Health Insurance for the Military TransitionUnderstanding health insurance for your own/family situation is great practice for real financial planning -- you can add MASSIVE value to your clients in this area. Even though this is different from Tricare, it’s also not as much of a black box as you might otherwise think once you start to understand how it all works. Even if you are a military retiree who will have Tricare, you should still listen to this episode to learn how to help others/clients.
2021-10-0630 minMilitary to Financial Planner PodcastHow can you finance the start of your own RIA?Startup costs for your own RIA are one of the most frequent questions we’ve gotten from listeners so in this episode we tackle that important question. Funding your startup doesn’t have to be that intimidating so long as you have a good plan to address it. In this episode, listen on as Daniel and Forrest share their valuable lessons learned, their recommendations of considerations to think through, and ways to think about this for your financial planning career!
2021-09-2926 minMilitary to Financial Planner PodcastShould you have a niche to serve clients?BLUF (Bottom Line Up Front): Over the long run, your practice will reflect you. However, at the beginning, it will be very hard to ‘niche’ your practice because profitability is initially a revenue problem. Over time, you may have more flexibility to make intentional decisions that will shape your practice. Main question: Do you want to be an ER doctor, or a right-hand surgeon? Most surgeons end up having to do some time doing the things they don’t like, but eventually end up where they want to be. Listen on as Daniel and Forrest share their...
2021-09-2226 minMilitary to Financial Planner PodcastWhat about sales?Sales is the lifeblood starting out in most financial planning careers. For many people, this can feel clunky, forced, or like a used car experience when in fact it should be quite the opposite of that. Focus on a collaborative process and make your fees and process clear. Listen on as Daniel and Forrest share their valuable lessons learned, what's worked and what didn't, and ways to think about this for your financial planning career!
2021-09-1527 minMilitary to Financial Planner PodcastHow do you best leverage military education benefits to pay for education and testing?The military offers a host of education benefits for servicemembers and spouses that can help make the career transition into financial planning easier. Forrest and Daniel share how they used these benefits and walk through lots of the options out there to help you too. https://www.theamericancollege.edu/military https://www.afcpe.org/news-and-publications/the-standard/2018-2/educational-scholarship-opportunities-for-active-duty-veterans-and-spouses/ https://www.kitces.com/cfp-scholarships-list/ https://info.xyplanningnetwork.com/cfp-exam-scholarship-program https://www.cfp.net/get-certified/tools-and-resources/apply-for-a-scholarship https://www.cfp.net/get-certified/tools-and-resources/apply-for-a-scholarship/third-party-scholarships
2021-09-0825 minMilitary to Financial Planner PodcastWhat should you be doing on LinkedIn?Take time to build and grow your network - learn from key thought leaders on LinkedIn. This career leap should be about making and deepening relationships and connections. Here are some key thought leaders to follow: Caleb Brown; Michael Kitces; Alan Moore; Carl Richards; Matt Quick; Michael Quinn; Hannah Moore; Matthew Jarvis; Taylor Schulte; Alex Hopkin; Cameo Roberson; Michelle Wong; Zoe Meggert; Derek Hagan; Andrew Komarow; Jamie Bosse; Zechariah Schaefer; Zach Teutsch; Akeiva Ellis
2021-09-0125 minMilitary to Financial Planner PodcastHow much money do you need to get started?Starting up in the financial planning space requires money, but how much? If you’re interested to learn about how to fund your startup costs and what specific expenses to plan for, this episode is for you. Daniel and Forrest both share specific examples from their own experience as well as their recommendations for Do’s and Don’ts. Every dollar in your practice has a purpose so the trick is determining which spending priority is the most important, especially in the early stages. P.S. Go read Profit First by Mike Michalowicz.
2021-08-2527 minMilitary to Financial Planner PodcastShould you try to make a military niche as a financial planner?Picking a niche is an interesting topic and lots of reasons for and against. Forrest and Daniel talk about the pros and cons of each side of this question as well as delve into the mistakes they made or successes they built upon. Niche marketing can be valuable but picking the military isn’t the only way. Listen on as Daniel and Forrest share their valuable lessons learned, what's worked and what didn't, and ways to think about this for your financial planning career!
2021-08-1831 minMilitary to Financial Planner PodcastWhat if your spouse isn't onboard?Every military career transition faces challenges, but switching careers into financial planning can bring specific ones related to having a united home front. Starting over in a new career or launching out as an entrepreneur can be scary and quite different from military life. Ensuring your spouse is onboard with this transition is key to success. Here’s some things for you to think about this challenge. Listen on as Daniel and Forrest share their valuable lessons learned, what's worked and what didn't, and ways to think about this for your financial planning career!
2021-08-1124 minMilitary to Financial Planner PodcastHow do you get clients?This is the single largest problem for any new advisor, whose expected role includes ‘business development.’ If you’re hired on as a second advisor at an RIA, or as a paraplanner, you may be expected to take on work that the current staff cannot handle However, most ‘job opportunities’ have an expectation of business development (it’s embedded in the history of our industry, so it’s hard for many practices to ‘let go.’) Listen on as Daniel and Forrest share their valuable lessons learned, what's worked and what didn't, and ways to think about this for your financial...
2021-08-0427 minMilitary to Financial Planner PodcastHow do you decide whether to become an employee or to set up your own business?Listen as Forrest and Daniel talk about the key differences between being an employee and owning your own business. Key differences between employee vs business ownership: Employees can expect an organizational framework, like the military. Business owners have to create their own. Employees have a job description. Business owners have to do everything that someone else isn’t already doing. Employees get paid in a predictable manner. Business owners get what’s left over (for better or worse). Employees can put in their time and go home. Until they create systems that allow them to ‘let go,’...
2021-07-2825 minMilitary to Financial Planner PodcastWhat can I do while I’m still on active duty?Listen as Forrest and Daniel share a little about each of our stories, and what we did while we were on active duty. You can do a lot. But training for combat isn’t really like actually being in combat. But you train anyway, because you’ll be a lot better off. Same principle applies here. Here are things you can do: Develop your plan (See episode 5) Determine credentials or education (See episode 3) Learn marketing, SEO, sales Find volunteer opportunities Shore up your personal finances Get your family onboard--this is THE most important thing.
2021-07-2127 minMilitary to Financial Planner PodcastHow do you build a business plan?How do I build a business plan? You’re not going to know everything out of the gate. But your ‘plan’ should involve the following steps: Determining whether this is an appropriate career for you. Education, Credentials Licensing (refer back to Episode 3) FPA Externship Identifying education needs Determining your military timeline: Home town? Last duty station? Where does your spouse/family want to go? When is your exit? What military milestones are you looking to hit (next promotion, next retention bonus, special assignment, etc.) For people looking for pensioned retirement--have you done the math on...
2021-07-1424 minMilitary to Financial Planner PodcastHow long should you plan for success?Industry rule of thumb for people opening their own shop: 3 years before you ‘feel traction.’ Year one: Sucks for everyone - a hard slog Year two: Gets a little better, but not really anything to ‘live on.’ Year three: You finally start feeling like you can make it. But you’re probably still reinvesting in your business. Have a plan where you don’t depend on income from your business until at least year 4. XYPN Benchmarking survey results https://blog.xyplanningnetwork.com/podcast-blog/ep-288-xypns-2020-benchmarking-survey-results-review-with-alan-moore-and-michael-kitces
2021-07-0727 minMilitary to Financial Planner PodcastWhat credentials or education do you need?Credentials vs licensing vs. education: Each plays a different role Credentials--Help apparent credibility. You can stop at a certain point--no one really cares about your alphabet soup Licensing--What allows you to legally do business in a certain capacity. We stopped with our Series 65 licenses. Education--This will help you in your ability to help people. This is the most important aspect, but also the least quantifiable. This never stops.
2021-07-0729 minMilitary to Financial Planner PodcastWhat does the financial planning profession look like?You might feel overwhelmed by all the choices out there in the profession. The key to finding the right tribe or profession for you is to ask the right questions. Those questions include: Where can I be mentored, so I can grow into the best version of myself? What opportunities exist in this profession if I work there? What will my role be, and will it fit with my long-term career plan?
2021-07-0725 min2021-07-0524 min
MILMO ShowWhen You Want to Become a Financial Planner After the MilitaryFiguring out what you want to be after you retire or separate from the military is a big decision. Or figuring out a career that works well with military life can be a challenge for spouses. If you're going to work as a financial professional, there's a lot to do and know before starting that career path. Certified Financial Planners and military veterans Forrest Baumhover and Daniel Kopp are on the show to share advice on the steps you should take if you're interested in becoming a financial planner. I know I'm biased since it's my show, b...
2021-07-0537 min
Tampa Home Talk RadioHow to bounce back financially from the holidays.Michael Mergner https://www.alpharecoverycorp.com/ shares with our listeners how to recover from overspending on credit cards after the holidays. Forrest Baumhover https://lawrencefinancialplanning.com/ shows us how we can plan after the holidays for the future.
2021-01-1143 min
Financial Advisor SuccessEp 209: Launching Your Own (Niche) Practice As A Pathway To Becoming A Partner In A Larger Advisory Firm with Forrest BaumhoverForrest Baumhover is a financial advisor and partner with Lawrence Financial Planning, an independent RIA based in Tampa that oversees more than $100 million of assets under management for 70 affluent clients. Forrest's path to partnership as a financial advisor was a unique journey from the military to his own firm to merging with a larger firm—and quickly becoming a partner of that firm. Forrest joins me today to share how he built his advisory from the ground up—starting before he even left the military—and the challenges he faced along the way. He'll also discuss the ground...
2020-12-291h 41
Crushing DebtCOVID-19 Impact on the EconomyProfessional and collegiate sports have been cancelled, foreign travel is suspended, schools are closed, conferences are cancelled, the markets are in a state of shock. While we all self-quarantine, force-quarantine, and practice "social distancing" I thought I would string together some interviews to discuss the impact of COVID-19, or the Coronavirus, on the economy. Thank you all who provided your input, or a sound-bite, and in today's episode of the Crushing Debt Podcast, you'll hear from: Forrest Baumhover - Lawrence Financial Planning and Episode 115 of the Crushing Debt Podcast Ian Leavengood (next week's guest) - Leavengood, Dauval, Boyle & Me...
2020-03-191h 02Crushing DebtInherited IRAs are Not ExemptThis week's Crushing Debt Podcast Episode is inspired by a few financial advisors we know, including past guests like Forrest Baumhover, and our sponsor, Chris Calandra with Elliot Wealth Management Services. When someone files bankruptcy, their concern is "what can I keep?" That question is answered by reviewing the debtor's exemptions - those things protected under State or Federal Law. One of the items protected is IRAs, Individual Retirement Accounts. However, the United States Supreme Court came out with a ruling that not all IRA's are protected. IRA's that are inherited, while exempt from withdrawal pe...
2019-08-2221 minCrushing DebtMilitary Retirement with Forrest BaumhoverThis week, we interview Financial Advisor Forrest Baumhover with Westchase Financial Planning. Our office is located in Westchase, just outside of Tampa, Florida. We met Forrest with a Keep It Local networking group. We both enjoy running, and helping people manage their money. In fact, both Forrest and I will be at FinCon, September 26 - 29, 2018, in Orlando, FL. Forrest retired from the Navy in April 2017, and now helps his clients understand and plan for retirement. You can contact Forrest at Forrest@WestchaseFinancialPlanning.com or www.WestchaseFinancialPlanning.com. Or you can reach me at Shawn@YesnerLaw.com...
2018-05-2415 min