186 episodes

In a world full of financial information – and misinformation – what do you believe and incorporate into your life, and what do you throw away? As an independent, fee-only financial advisor, one of our founding pillars is education. Through accessible, transparent communication, we help filter out the noise for our clients to allow them to focus on their financial future. The goal of our podcast, Gimme Some Truth, is no different. From the corner of Monroe St. in Madison, WI, we cover the intersection of financial planning, investing, and everyday life.

Disclosure: walknercondon.com/podcast

Investing & Financial Planning in the Real World || Gimme Some Truth Walkner Condon Financial Advisors

    • Business
    • 5.0 • 20 Ratings

In a world full of financial information – and misinformation – what do you believe and incorporate into your life, and what do you throw away? As an independent, fee-only financial advisor, one of our founding pillars is education. Through accessible, transparent communication, we help filter out the noise for our clients to allow them to focus on their financial future. The goal of our podcast, Gimme Some Truth, is no different. From the corner of Monroe St. in Madison, WI, we cover the intersection of financial planning, investing, and everyday life.

Disclosure: walknercondon.com/podcast

    Is Your Home Still Covered? A Quick Conversation on Liability, Property & Casualty, and Umbrella Coverage

    Is Your Home Still Covered? A Quick Conversation on Liability, Property & Casualty, and Umbrella Coverage

    Like many episodes of Gimme Some Truth, this one on liability was developed from lots of advanced legwork, methodically sculpted until it reached its culmination at the time of recording. Well, that's not quite true. Clint Walkner – one of the founding partners of Walkner Condon – shared a personal anecdote about his own liability coverage a few minutes before the scheduled recording, and it snowballed from there. But, nonetheless, it's an important subject, with an actionable ending for you, the listener, from Clint.

    So, what would happen if your home burned down tomorrow? If you're a household employer, what if your nanny took a tumble down the stairs of your deck and broke their leg? While these are just hypothetical, there is a chance that these situations – or a version of them – could happen. And the last thing you want is to be left holding the proverbial bag when your coverage isn't sufficient. And in light of recent events – in particular, the increase in home values as well as home renovations during COVID – there's a chance the coverage you started with might not be enough. 

    What's next? Give this episode a listen for your call to action from Clint, and then let us know if you completed the homework assignment. 

    Questions, comments, or anything else you'd like us to cover on this topic? Don't hesitate to reach out to us via email at podcast@walknercondon.com.

    LINKS
    Watch on YouTube
    Walkner Condon's YouTube Channel
    Contact Us
    Meet with an Advisor


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    • 16 min
    "Finding" the Bottom: Time In The Market Is More Important Than Timing It

    "Finding" the Bottom: Time In The Market Is More Important Than Timing It

    "With chaos, comes opportunities."

    What we often hear from clients and prospective clients in times of market downturn is something along the lines of, "Should I still stay invested? Or should I wait until things smooth out and re-enter later?

    While we certainly understand the sentiment behind wanting to get out when things are going poorly, the statistics tell a different story, especially when it comes to the proximity of the best and worst days. As Syl Michelin, CFA, alludes to in the episode – the quote featured above – some of the best days come during periods of higher volatility like we're in now. Syl is joined by Walkner Condon co-founder Clint Walkner, as well as Keith Poniewaz – a member of our team of U.S. expat financial advisors – to go deeper into the conversation of time in the market vs. timing the market. While we've dedicated some materials to this subject recently, we wanted to have a more in-depth conversation on the subject in light of how 2022 has unfolded in the markets, at least so far. 

    Questions, comments, or anything else you'd like us to cover on this topic? Don't hesitate to reach out to us via email at podcast@walknercondon.com.

    LINKS
    CNBC: Why you may miss the market’s best days if you sell amid high volatility
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    Walkner Condon's YouTube Channel
    Contact Us
    Meet with an Advisor


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    • 31 min
    From Broker-Dealer to Independent RIA - 10 Years Into Owning Our Financial Planning Firm

    From Broker-Dealer to Independent RIA - 10 Years Into Owning Our Financial Planning Firm

    Thinking of starting your own independent Registered Investment Advisor (RIA) Firm? Or maybe mulling a move from one of the big wirehouses to an RIA?

    A few years back (circa 2019), the co-founders of Walkner Condon Financial Advisors – Nate Condon and Clint Walkner – sat down on Gimme Some Truth to discuss their journey from the Broker-Dealer world to the independent RIA space. Now, it's been 10 years since Nate and Clint first opened the doors to their financial planning firm. Plenty has happened in the last few years alone, much less the last 10.

    In this bonus episode of GST, Nate and Clint circle back on that first conversation from a few years ago, discussing some of the more recent challenges faced as founding partners of an RIA. This conversation – one of several episodes to come over the next few months about starting an RIA – centers around the idea of staffing and firm culture. As Nate and Clint discuss, hiring the right staff and retaining them has continued to be a challenge throughout the life of Walkner Condon, particularly when it comes to support and administrative personnel. They discuss staffing as it relates to the adage, "It's not how much you can grow; it's how small can you stay," and being lean on staff on purpose.

    They also dive into molding the firm's culture, including the now-trademarked phrase Comfortably Unique™, how the firm goes above and beyond just the name, and the challenges of having seven equity partners.

    Questions about starting an RIA? Or ideas about other facets of this subject you'd like us to cover in future episodes of this mini-series? Let us know by using the link section below or by sending an email to podcast@walknercondon.com.

    LINKS
    Watch on YouTube
    Walkner Condon's YouTube Channel
    Contact Us


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    • 37 min
    ETFs Explained: What are Exchange-Traded Funds? History, Differences with Mutual Funds and More

    ETFs Explained: What are Exchange-Traded Funds? History, Differences with Mutual Funds and More

    We've covered Exchange-Traded Funds – commonly referred to as ETFs – in myriad ways on Gimme Some Truth previous to this episode. But we've never truly dedicated an episode to ETFs. So this is us doing exactly that, zooming out to go over the basics of ETFs, their history, how they compare with mutual funds, and more.

    Mitch DeWitt, MBA, and Jonathon Jordan, CEPA – two of the three Certified Financial Planner™ professionals in the Walkner Condon office – sit down to cover an introductory look at ETFs, including how Mitch is, in fact, slightly older than the first established ETF, SPDRs (Ticker: SPY), but too young to understand the wonders of listening to Poison on cassette with a Walkman – unlike Jonathon. 

    A key part of the conversation involves contrasting ETFs with mutual funds, where Jonathon brings to the fore a great analogy involving piloting. And the subject of investing in ETFs vs. individual stocks also surfaces the idea of time in the market vs. trying to time the market, a common theme with how 2022 has gone so far in the markets, especially lately. Jonathon references the figure that if you missed out on the 10 best days in the market since 1930, your overall return would be 28%. And if you had stayed the course through the good days and bad, your return would be more than 17,000% (and that's not a typo).

    Questions, comments or anything else? Don't hesitate to reach out to us via email at podcast@walknercondon.com.

    LINKS
    Jim Collins:  Good to Great
    CNBC: Missing Out on the Top 10 Days in S&P Every Decade Since 1930
    Investopedia: A Brief History of ETFs
    Investopedia: ETF Guide
    Watch on YouTube
    Walkner Condon's YouTube Channel
    Contact Us
    Meet with an Advisor


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    • 27 min
    What's Happening in the Bond Market? The Scoop on Bonds' Start to 2022

    What's Happening in the Bond Market? The Scoop on Bonds' Start to 2022

    "It's kind of like the track runner that's getting started, gets his feet in the blocks, and then tumbles and falls down. That's pretty much what bonds are this year." 

    Not only is Clint's imagery very descriptive at the outset of this episode (he must've aced high school English class), but it's also quite accurate in terms of how the bond market has fared to open 2022. Many investors have bonds as at least a small part of their portfolio's holdings. But while bonds are typically viewed as a less risky investment with less volatility than things like individual stocks, they have certainly not been above the rough road in the markets, more broadly speaking, to open the year. 

    In this episode, Clint and Nate cover some important ground on bonds – why bonds go down in value when interest rates go up, why they've been a hot topic so far this year, and why the duration of bonds matters. As always, Clint comes prepared with a chart on the year-to-date returns of bonds, a link which you can also find in our links section below. 

    LINKS
    CHART: Year-to-Date Bond Returns
    Watch on YouTube
    Walkner Condon's YouTube Channel
    Contact Us
    Meet with an Advisor


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    • 16 min
    Bonus Episode: Financial Markets Recap for Q1 2022 – Conflict & Commodities

    Bonus Episode: Financial Markets Recap for Q1 2022 – Conflict & Commodities

    "Did anything work in the first quarter?"

    That poignant question posed by Syl Michelin, a Chartered Financial Analyst, to open this episode is more or less the underlying sentiment three months into 2022. But although it feels like the first quarter was an all-around flop, there were some things that worked from an investment standpoint in the opening stanza of the year.

    Syl and Stan Farmer, CFP® – one of Syl's counterparts from Walkner Condon's team of U.S. expat financial advisors – recap their main takeaways from the first quarter, the role of commodities, the impact of international conflict, and more. 

    LINKS
    Watch on YouTube
    Walkner Condon's YouTube Channel
    Contact Us
    Meet with an Advisor


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    • 26 min

Customer Reviews

5.0 out of 5
20 Ratings

20 Ratings

maddie@podcastingyou ,

Awesome podcast!

This podcast is a fantastic resource for all things financial planning and investing! Each episode is super informative and provides actionable advice to help you succeed.

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