Wicked Pissah Podcast FPA NE
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- Business
The Wicked Pissah Podcast, brought to you by the Financial Planning Association of New England (FPA of New England), features discussions for financial professionals including topics of financial planning, recent or future events in the financial services industry, and interactions with influential speakers from across the industry. Additionally, the educational program will review the latest updates and announcements surrounding the New England chapter of FPA. Join us and listen in for engaging discussions and insightful content!
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#206 - Setting Charitable Intentions with Erinn Andrews of The Give Team
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/ -
#205 - Incorporating Long Term Care Into Your Long-Term Planning
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
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#204 - Scams & Schemes with Bob Powell
In this episode, Chris Boyd CFP®, CASL, CEPS catches up with Bob Powell CFP®, RMA® to discuss the pressing issue of financial exploitation, focusing on scams and schemes.
Bob Powell highlights the prevalence of financial scams, particularly those targeting elderly individuals, with statistics showing significant financial losses and many cases going unreported.
-Common ScamsThe discussion covers various scams such as AI-generated deep fakes, phishing emails, romance scams, and "pig butchering" investment scams, illustrating the sophistication and creativity of modern scammers.
-Risk FactorsIdentifying factors that increase vulnerability to scams, including cognitive decline, social isolation, low financial literacy, and lack of a financial advisor.
-Protective Measures-Emphasis on education, awareness, and proactive planning. Recommendations for using tools like olderadultnestegg.com for regular assessments and creating a trusted contact to help safeguard clients.
https://www.thestreet.com/retirement-daily/
https://www.linkedin.com/in/powellrobert/
https://www.linkedin.com/in/j-christopher-boyd-b932169/ -
#203 - Succession Planning with Jessica Polito
As an advisor, you may have a considerable part of your personal wealth connected to your business. How and when will you obtain that wealth by selling your business? Will you sell internally or to another firm? Will that firm be larger and backed by private equity? How soon do you want to exit or how long do you want to stay active and what restrictive covenants will impact you? Is it important to you to keep your brand … technology … control of portfolio management? These and many other considerations are discussed in this episode as co-hosts Chris Boyd & Brad Wright speak with today’s guest, Jessica Polito (http://linkedin.com/in/jessica-polito-thm) of Turkey Hill Management (https://turkeyhillmanagement.com/). Jess is one of the several upcoming presenter at the Wicked Good Succession Summit on June 5, 2024. Register and join us!
FPA NE - Wicked Good Succession Summit | June 5th, 2024
Location: The Artisan at Tuscan Village, Salem, a Tribute Portfolio Hotel, 17 Via Toscana, Salem, NH 03079
Date and time: Wed, Jun 5, 2024 8:00 AM - 6:30 PM
Organizer: Kristin Beane, (508) 320-1685, admin@fpama.org
Price: $150 (member)/$200 (non-member)
https://www.fpanewengland.org/2024/05/june-5-wicked-good-succession-summit/
http://linkedin.com/in/j-christopher-boyd-b932169
http://linkedin.com/in/bradleyonair
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#202 - Recession? Commodities? Deficit? Mike Arone – State Street Global Advisors
Mike Arone – State Street Global Advisors
Hosts Brad Wright and Kathleen Kenealy are joined by Mike Arone. Mike is Managing Director
and Chief Investment Strategist for State Street Global Advisors US Intermediary Business
Group. Michael is a highly regarded speaker at industry conferences and is the author of several
articles related to investment management practices. He is a member of the firm's Senior
Leadership Team and has worked extensively with the firm's global institutional and
intermediary clients to help them identify investment solutions that enable them to meet their
long-term financial goals.
Michael holds a BS in Finance from Bentley College. He has earned the Chartered Financial
Analyst designation and is a member of the Boston Security Analysts Society and CFA Institute.
They discuss:
- The strength of the US economy and whether we’re headed towards a recession
- Why gold, silver and other commodities have been doing so well lately
- The US deficit
- A bit about politics… without getting political
Learn more about State Street Global Advisors: www.ssga.com
1) SPDR Exchange Traded Funds (ETFs) | SSGA
2) Uncommon Sense (ssga.com)
3) Insights (ssga.com) – save as a favorite and check back often
4) Practice Management (ssga.com) -
#201 - Estate Management and Legacy Building with Vanilla's Jim Sinai
Jim Sinai - Vanilla
Host Brad Wright is joined by Jim Sinai. Jim is Chief Marketing Officer at Vanilla, The Estate
Advisory Platform, designed to transform how wealth advisors help their clients manage their
estate and build their legacy. Jim is a seasoned cloud executive and experienced marketer, with a
background in sales, business development, and a passion for new technology, telling the story
and helping make complex software easy to understand. Jim is also a former college rugby
player, at Brown.
They discuss:
-Adding estate planning software to an advisor’s arsenal
-How it integrates with performance and tax planning software, as well as insurance
-To what degree it can help with prospecting
-And why Vanilla is NOT boring
Learn more about Vanilla: www.justvanilla.com
Follow them on LinkedIn: https://www.linkedin.com/company/justvanilla/