The Financial Advocate

Colin Meeks
  • 4.3 (6)
  • Education
  • Updated Weekly

Welcome to the Financial Advocate podcast. Each month, we'll simplify one financial planning topic into a quick 5-10 minute episode. Download show notes and additional resources at MarylandFinancialAdvocates.com Disclosures: Copyright © 2018 Maryland Financial Advocates. All Rights Reserved. The financial consultants of Maryland Financial Advocates are Registered Representatives and Investment Adviser Representatives with securities and investment advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA / SIPC. The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: MD, VA, PA, FL, NJ, DE, WA, TX, GA.

  1. Sep 23

    Breaking Down the Wall: Small Steps to Special Needs Financial Planning

    How time and manageable choices protect your child's future and preserve critical benefits. Facing the long-term financial, medical, and legal needs of a child with a disability can feel like standing in front of an insurmountable 10-foot-thick prison wall . Borrowing a lesson from The Shawshank Redemption, host Colin Meeks, CFP®, explains how securing your child's future doesn't happen through an overnight miracle—it happens through "pressure and time" with small, deliberate actions . In this episode, Colin breaks down the common pitfalls parents face and outlines the essential tools every caregiver needs to protect their child's dignity and independence without jeopardizing essential government benefits . Key Topics Discussed: The Two Traps to Avoid: The Ostrich Trap: Freezing up and doing nothing because the scope of planning feels too emotionally and legally heavy . The DIY Direct-Naming Trap: Leaving money or assets directly to a child, which can exceed the $2,000 asset cap and accidentally disqualify them from SSI and Medicaid waiver programs . The Core Planning Tools ("Financial Rock Hammers"): Third-Party Special Needs Trust (SNT): A protective legal vault funded by family members or life insurance that pays for extra therapy, vacations, and advocacy without violating asset limits . ABLE Account: An everyday tool providing autonomy for individuals with disabilities to hold funds for daily qualified disability expenses without losing benefits . Letter of Intent: The vital non-legal compass guiding future caregivers and successor trustees on routines, triggers, trusted doctors, and personal hopes . Compounding Micro-Actions: How reviewing beneficiary designations on 401(k)s, aligning family gift-giving, and taking one small step at a time builds lifelong security . Resources & Links Mentioned Website: Maryland Financial Advocates Newsletter & Consultations: Visit the website to sign up for the monthly newsletter or schedule a call with Colin Meeks, CFP® . Disclaimer: Securities and advisory services offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC . The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual . Consult your qualified legal and financial professionals prior to making decisions .

  2. Sep 5

    MFA PODCAST 31 - Care Planning Without Chaos - Navigating Elder Care Logistics Without Going Broke or Crazy

    You are under no obligation to use the services of Averyn Care, and may choose any qualified professional to provide any of the services described. Averyn Care and their services are not affiliated with LPL Financial and Maryland Financial Advocates.

  3. Aug 5

    MFA PODCAST 28 - The Not-So-Boring Mid-Year Review - Embrace The CHAOS!

    The Financial Advocate

  4. Jul 15

    MFA PODCAST 27 DON'T CONFUSE VOLUME WITH VALUE - THE 1-2 PAGE FINANCIAL ACTION PLAN

    In this episode of the Financial Advocate Podcast, host Colin Meeks discusses the trap of confusing volume with value in financial planning. Using the analogy of an experienced carpenter who charges for knowing where to hammer a nail, Colin explains how lengthy, complex financial plans often lead to inaction. Instead, he advocates for a simplified, one-to-two-page approach focusing on two to three clear, actionable steps. He shares practical examples, such as consolidating accounts and optimizing interest rates, emphasizing that concise, targeted planning drives better results than overwhelming clients with data.

  5. Jul 1

    MFA PODCAST 26 Beyond The Portfolio - What Real Financial Peace Looks Like

    The Financial Advocate

  6. Jun 17

    MFA PODCAST 25 - Schools Out - Your Summer Financial Housecleaning

    The Financial Advocate

  7. Jun 3

    MFA PODCAST 24 - The Switch That Wont Flip - How To Spend Money In Retirement

    The Financial Advocate

  8. May 20

    MFA PODCAST 23 - The 2026 ABLE Revolution

    The Financial Advocate

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About

Welcome to the Financial Advocate podcast. Each month, we'll simplify one financial planning topic into a quick 5-10 minute episode. Download show notes and additional resources at MarylandFinancialAdvocates.com Disclosures: Copyright © 2018 Maryland Financial Advocates. All Rights Reserved. The financial consultants of Maryland Financial Advocates are Registered Representatives and Investment Adviser Representatives with securities and investment advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA / SIPC. The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: MD, VA, PA, FL, NJ, DE, WA, TX, GA.

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