Wicked Pissah Podcast FPA NE

Valuing Your Life’s Work with Aaron Wells of FP Transitions
 
Hosts Kathleen Kenealy and Chris Boyd are joined by Aaron Wells, Director of Financial Analysis at FP Transitions, to discuss how Aaron and the team at FP Transitions help advisors measure and assess the value of their life’s work. Aaron explains why it’s so important to “start with why,” what metrics help drive the value of a business, how different size practices should think about approaching valuation, the process FP Transitions uses to collect data to run a valuation on a firm, and the difference between value and price. 
https://www.fptransitions.com/
https://www.fptransitions.com/our-team/member/aaron-wells?hsLang=en
https://www.linkedin.com/in/aaronwells747/

Xtrackers
Hosts Brad Wright and Chris Boyd are joined by John O’Connor and C. Allen Parker of JH
Whitney Investment management who together with Xtrackers have created the “Geostrategic
Risk Rating” system.
John is CEO of JH Whitney and was previously Chairman of JP Morgan Alternative Asset
Management. He’s a Senior Fellow at USMA West Point, has served as a member of the US
Department of Defense Business Board, a Civilian Aide to the Secretary of the Army for New
York, and has received awards from the Secretary of Defense, the Air Force, and the Navy.
Allen is President of JH Whitney and previously served as Interim CEO as well as General
Counsel for Wells Fargo & Company.
They discuss:
-What a Global Geostrategic Risk Rating system means for companies
-How this may affect our investments in these companies
-How the US government is responding to these risks
-Possible paths the US-China relationship could take
Learn more about our current geopolitical landscape and the Xtrackers US Critical Technologies
ETF (CRTC) that could potentially provide a solution for investors looking to mitigate these
risks in their portfolios at www.Xtrackers.com

For more information on JH Whitney, DWS the Geostrategic Risk Rating or CRTC  please
contact Paul Berard, Xtrackers New England ETF Specialist @ paul.berard@dws.com , 203-
364-9426 or visit their website at Xtrackers US National Critical Technologies ETF| Xtrackers
by DWS
 

Kathleen speaks with FPA of New England chapter President Marybeth Breed and Massachusetts State Treasurer Deborah Goldberg about the various initiatives Treasurer Goldberg has worked on to promote financial education across the Commonwealth of Massachusetts. We learn about the task force she convened to determine the best approaches to developing financial education in our communities, the work of the Office of Economic Empowerment and the Baby Steps savings program, and why the Treasurer believes that financial education is a proactive medicine that can be used to address other problems. We also discuss why educating kids about finances as part of the school curriculum is such an important objective, the bi-partisan bill she put forth requiring financial education in our schools, and the challenges of getting new topics added to school curriculum. 
Massachusetts State Treasurer Deborah Goldberg
Office of Economic Empowerment
Office of Economic Empowerment - YouTube
Worth in Wealth Program
Operation Money Wise


 

7Michael Connaughton – Lead Advisor
Hosts Brad Wright and Kathleen Kenealy are joined by Michael Connaughton. Mike is co-
founder of Lead Advisor, a wealth management collective that specializes in building firms,
practices and careers. They provide creative perspective, time leverage and industry insights for
growth focused businesses and professionals. With a niche in talent acquisition and development,
Lead Advisor partners with firms and practices to help solve for service, scalability and
succession planning. They also empower professionals in the field through career strategy
coaching, leadership development and study groups. 
Michael is a CFP who went to Providence College, lives in the Boston area, and yet somehow
finds himself a Milwaukee Bucks fan?! Find out why…
They discuss:
-What goes into a talent search and whether candidates are difficult to find
- What candidates are searching for in a new firm
-Coaching both firms and candidates
-Lead Advisor’s app for vetted candidates
Learn more about Michael and Lead Advisors: https://www.lead-advisor.com/
Newsletter: 
https://mailchi.mp/1f81a3c34ca4/lead-advisors-talent-market-insights-for-september-17380127
Web based app for several core employee roles for hiring firms: 
https://app.careers.lead-advisor.com/login/start
 
 
 

Setting Charitable Intentions with Erinn Andrews of The Give Team
 
Education, food insecurity, climate change, humanitarian and disaster relief… There are countless  causes and more than a million and a half charities in the US looking for support. We all have limited time and resources, so how do you possibly decide which organizations to donate to?
On this episode we are joined by Erinn Andrews, founder and CEO of the Give Team, to talk about how she helps clients be more strategic and intentional in their charitable giving. We talk with Erinn about how and why advisors should bring up philanthropy in conversations with their clients, the process she uses with clients to develop a charitable mission statement, how she identifies and selects charities that are in line with her clients’ giving missions, and why she prefers stay local when recommending charities to clients. 
 
For more information or to contact Erinn:
erinn@thegiveteam.com
https://www.thegiveteam.com/
https://www.linkedin.com/in/erinn-andrews/

Incorporating Long Term Care Into Your Long-Term Planning
 
There are some grim statistics out there regarding long term care:
70% of adults who live until age 65 will develop a need for long term care services in their lifetime The average annual cost of a private room in a nursing home facility runs more than $100,000 a year. 
How can you help your clients prepare for what can be catastrophic costs of care during their lifetimes? On this episode, we speak with Linda Thalheimer, an independent expert in long term care planning. Tune in to hear our conversation about who should consider buying long term care insurance, how certain policies can protect against Medicaid liens, new trends in the long term care industry, and how her parents have used over a million dollars in long term care benefits so far. 
 
For more information:
https://www.linkedin.com/in/longtermcareadvisor/
https://www.longlifeplanning.com/
https://www.genworth.com/aging-and-you/finances/cost-of-care