September 12, 2023
Rock N' Roll
Yes, I have a man crush on Jimmy Page, the lead guitarist for Led Zeppelin. Page can shred like none other. I’ve been a classic rock guy dating back to the mid ‘70s. Nothing revs my engine like Hendrix, The Stones, Guns N’ Roses, AC/DC and The Kinks!
August 3, 2023
Recently, a wirehouse advisor with three million dollars in revenue was ready to make a change – but he told me he just couldn't leave the wirehouse channel.
July 30, 2023
First Banks; Now Private Equity Firms
I began my career on Wall Street when most firms were partnerships, and they focused exclusively on clients and employees.
June 21, 2023
No Time To Go It Alone
It’s different this time.” I’m hearing this more frequently from economists and strategists on Bloomberg and CNBC. Why? They believe today’s inflation is the result of Covid’s pent up demand.
May 1, 2023
Soft as Marshmallows
Maybe I’m just old and envious. Maybe it’s just a sign of the times. Maybe it’s both! Work from home, casual dress, unlimited paid time off...
May 1, 2023
Cards Face Up
Are you tired of senior management acting like they’re the smart ones, and advisors are simple-minded? Frankly, I’m beyond tired.
March 16, 2023
Job Well Done
The best financial advisors always work hard, but right now, even more so, because there is so much uncertainty. Half of advisors’ clients are in the final years...
March 12, 2023
Right-Sized Profit Margins
How much is too much? Is it fair for wealth management firms to make 25% profit margins? Is it fair for mutual fund companies to charge 75 basis...
January 6, 2023
Concierge Wealth Management
Can you imagine getting a personal telephone call from your doctor to schedule your annual physical? Moreover, what would you think...
August 9, 2022
Scandals Lurking In The Shadows
With a large percentage of financial advisors and client associates continuing to work from home, do you think scandals will be higher or lower...
June 27, 2022
A Risk That Paid Off
Unlike many high school graduates, I didn’t go away to college. Rather, I lived at home with my parents, and attended college as a commuter student.
May 11, 2022
The 4% Rule
How much money do you have after your mortgage is paid off, your kids have graduated from college, and you paid for your daughter’s wedding?
April 20, 2022
Stop the madness! No more participation trophies for playing a youth sport. No more extra credit for class participation.
March 15, 2022
Right Size Your Lifestyle
Most veteran financial advisors need a minimum of $5,000,000 by the time they retire at age 67. The math is simple.
February 8, 2022
Are you a second semester senior with Wall Street aspirations upon graduation? If so, congratulations. You are entering the workforce ripe for the taking.
January 12, 2022
Modern Era “Disruptors”
Charles Schwab and Vanguard’s John Bogle were pioneer disruptors in the field of wealth management. They made access to the equity markets inexpensive.
January 6, 2022
Impact Of The Hand-Written Note
When was the last time you received a handwritten note? Exactly. You can’t remember. No one writes them any longer.
October 14, 2021
I published the X-Factor several months prior to my leadership role at Sanctuary Wealth. The number of LinkedIn readers I had then...
January 14, 2021
Guiding Principles & Heroes
I thoroughly enjoy discussing philosophical questions among good friends. A spirited debate with different perspectives almost always...
December 28, 2020
Financial Advisor Rankings
Is your Financial Advisor nationally ranked by Barron’s or The Wall Street Journal? If not, should you change to one who is?