Foster & Motley : A podcast about Wealth & Life: Recent Episodes
Foster & Motley
The advisors of Foster & Motley are on a mission to help individuals, couples, and families achieve the life they envision by providing a tailored and comprehensive wealth management experience. They provide customized tiers of service to help maximize your wealth, no matter where you are on your wealth journey. Join them as they explore actionable steps to improve your financial well-being.
In this episode, we’re joined by Nicholas Roth, CFP®, Financial Planner at Foster & Motley, Inc., who shares valuable insights on effective savings strategies and the importance of financial planning to meet various life goals.
Key Takeaways:
(00:59) Saving at least 15% of your gross income is a good rule of thumb.
(01:34) Power savers aim to save 25%-50% of their gross income.
(02:12) The FIRE movement advocates for saving 50%-70% or more of your income.
(05:02) Raising a child can cost nearly $250,000.
(07:19) Compounding interest is crucial for financial growth.
(07:59) Passive income streams can supplement your savings.
(09:26) The decline of pension plans has shifted retirement savings responsibility.
(11:33) The unknowns in life make it hard to know if you’re saving enough, but 15% is a solid target.
(12:35) Financial planning should adapt to life changes and priorities.
(13:41) Clear goals are a necessary part of financial planning.
Resources Mentioned:
Nicholas Roth -
https://www.linkedin.com/in/nickroth14/
Foster & Motley, Inc. -
https://www.linkedin.com/company/fosterandmotley/
Einstein’s 8th Wonder of the World -
https://www.nasdaq.com/articles/this-is-the-8th-wonder-of-the-world-according-to-albert-einstein.-and-utilizing-it
Foster & Motley, Inc. website -
http://www.fosterandmotley.com/
Connect:
info@fosterandmotley.com
+1 513-561-6640
LinkedIn: Nicholas Roth - https://www.linkedin.com/in/nickroth14/
LinkedIn: Foster & Motley, Inc. - https://www.linkedin.com/company/fosterandmotley/
LinkedIn: Patrice Sikora - https://www.linkedin.com/in/patrice-sikora-a1918212/
WealthManagement #FinancialPlanning #InvestmentAdvisory #WealthManagementPodcast
In this episode, we’re joined by Rachel Rasmussen, MBA, CFA, CDFA®, Investment Manager and Shareholder, and Megan Lyons, CFP®, Financial Planner, both from Foster & Motley, Inc. Together, they explore the concept of wealth management milestones, discussing how to set, track and celebrate financial goals at every stage of life.
Key Takeaways:
(02:32) Identify significant financial markers to boost confidence.
(04:47) Personalized milestones help clients stay motivated.
(07:47) In your 20s, focus on setting good financial habits.
(12:20) Balancing major life events while continuing to save and invest wisely.
(14:42) Maintaining financial responsibility while enjoying life.
(18:55) Watching spending habits to ensure long-term financial stability.
(21:39) Financial planning and emotional readiness for retirement.
(27:23) Estate planning and organizing your financial legacy.
Resources Mentioned:
Rachel Rasmussen - https://www.linkedin.com/in/rachel-rasmussen-cfa-cdfa/
Megan Lyons - https://www.linkedin.com/in/meganlyonscfp/
Foster & Motley, Inc. | Website - http://www.fosterandmotley.com
Gretchen Rubin's podcast and books: Inspiration for the "ta-da" concept. - https://gretchenrubin.com/
James Clear's “Atomic Habits”: A guide to building good habits that pay off in the long run. - https://jamesclear.com/atomic-habits
Connect With Rachel and Megan:
info@fosterandmotley.com
+1 513-561-6640
Foster & Motley
LinkedIn: Rachel Rasmussen
LinkedIn: Megan Lyon
LinkedIn: Foster & Motley, Inc.
WealthManagement #FinancialPlanning #InvestmentAdvisory #WealthManagementPodcast
If market fluctuations stress you out and cause you to make irrational financial choices, you’re not alone. It is only human to let emotions get in the way and give in to biases.
In this episode, Rachel Rasmussen, MBA, CFA, CDFA®, and Zach Binzer, CFP®, help you understand how you can destress your investment experience and become a more disciplined investor. Tune in to understand common behavioral finance traps, how they translate to investor results, and solutions for reducing investing anxiety.
Rachel and Zach share more about:
- How mental biases impact our financial decision-making (with examples)
- Eye-opening statistics that show the risks associated with “timing” the market
- The value of seeking objective input and behavioral coaching from a financial advisor
- How risk tolerance evaluation and stress testing can reduce investor anxiety
- And more
Resources:
- Dalbar QAIB 2023: Investors are Still Their Own Worst Enemies
- Does Market Timing Work? by the Schwab Center for Financial Research
- Advisor Alpha: The View from Vanguard
- Forbes: How To Manage Anxiety When Investing In The Stock Market
Connect With Rachel and Zach:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Rachel Rasmussen
- Zach Binzer
- LinkedIn: Rachel Rasmussen
- LinkedIn: Zach Binzer
- LinkedIn: Foster & Motley
Have you ever looked at the letters after an advisor’s name and wondered what they stand for? These credentials actually offer significant insight into the expertise and commitment of an advisor.
In this episode, Nick Roth, CFP®, of Foster & Motley breaks down why these credentials are important and demystifies the common professional designations in financial services. Tune in to understand how paying attention to these credentials can help you choose the right advisor – as they’re often one of the first things you see on an advisor’s profile.
Nick shares more about:
- The distinction between investment management and financial planning designations
- The training and ongoing education involved in CFP®, CFA®, and CPA
- Examples of other specialized designations with niche expertise areas
- Foster & Motley’s commitment to advisor learning and fiduciary standards
- And more
Resources:
- Why Do My Advisor’s Credentials Matter?
Connect With Nick:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Nick Roth
- LinkedIn: Nick Roth
- LinkedIn: Foster & Motley
Are you worried about the safety of your sensitive information online? By cultivating good security habits, it is possible to significantly reduce the risk of fraud so you can sleep better at night.
In this episode, Joe Patterson, CFP®, of Foster & Motley empowers you with the knowledge and awareness to protect your financial well-being in an increasingly digital world. You will learn preventative measures and best practices to minimize the risk of cyber fraud. Joe’s recommendations take little time to put into practice, while getting scammed can be costly, time-consuming, and mentally draining.
Joe shares more about:
- The importance of freezing your credit to prevent unauthorized access
- The ease of using password managers for unique and complex passwords across various sites
- Best practices while making online purchases
- How to recognize scam emails, suspicious links, and fraudulent phone calls
- And more
Resources:
- FREEZE! Credit freezes are free!
Connect With Joe:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Joe Patterson
- LinkedIn: Joe Patterson
- LinkedIn: Foster & Motley
While tax savings may not be a primary driver for your charitable contributions, being aware of opportunities can help you amplify your impact.
In this episode, Emily K. Diaz, MAcc, CPA, CFP®, of Foster & Motley shares valuable insights on year-end charitable giving, the benefits of planning ahead, and its connection to tax planning. Whether you wish to give to your family, directly to an organization, or through a charitable foundation, you will learn actionable ideas to improve tax efficiency and leave a lasting impact.
Emily also sheds light on an Ohio-specific gifting strategy, where you can capitalize on available tax credits through Scholarship Granting Organizations (SGOs).
Emily shares more about:
- The tax implications of different types of gifts (e.g., cash vs. appreciated stocks)
- Simplified explanation of commonly used strategies, such as donor-advised funds
- The benefits of planning out larger gifts over multiple years
- Navigating the annual exclusion for family gifts
- And more
Resources:
- What You Need to Know About the SGO Tax Credit in Ohio (Article by Foster & Motley)
Connect With Emily:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Emily Diaz
- LinkedIn: Emily Diaz
- LinkedIn: Foster & Motley
We’ve all heard that diversification in our investment portfolio is important, but it’s bigger than diversifying among US stocks only.
In this episode, Zach Horn, MBA, CFP®, CMFC®, discusses the importance of diversifying portfolios with international investments. He explores the differences between established and emerging markets, the historical performance of US stocks versus international stocks, and the recommended ratio of US to international stocks.
Zach shares more about:
- Use of mutual funds for international exposure
- Currency risk in international investing and ways to hedge it
- Importance of gaining international exposure and diversifying investments
- Historical data supporting international stocks outperforming US stocks in certain scenarios
- And more
Connect With Zach Horn, MBA, CFP®, CMFC®:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Zach Horn, , MBA, CFP®, CMFC®
- LinkedIn: Zach Horn
- LinkedIn: Foster & Motley
About Our Guest:
Zach Horn knows that a plan communicated in a language people can understand, no matter how complex it might actually be, is possible in every situation and serves everyone involved in the best way possible. Zach has built many client relationships that are more like friendships and go beyond the normal aspects of planning and management. And that’s just the way he wants it.
Zach has a Bachelor of Business Administration degree in Finance from Ohio University and an MBA degree in Finance from Xavier University. Before joining Foster & Motley, Zach worked for Ameriprise Financial, Inc. as a financial advisor in Columbus, Ohio. He joined the firm in 2007 as the Securities Trader and a member of the investment team. Zach obtained the CERTIFIED FINANCIAL PLANNERTM (CFP®) and Chartered Mutual Fund Counselor (CMFC®) designations in 2012. He is now an Investment Manager and shareholder.
In addition to his duties as an Investment Manager, Zach is also the Managing Partner and President of the Board. In this role, Zach focuses on the long-term vision of Foster & Motley and how the day-to-day operations support that vision. His communication skills and initiative help keep our team focused, open-minded to change, and collaborative.
Zach lives with his family in Mason, Ohio. He enjoys sports of all kinds, but especially coaching his sons in baseball and basketball. In 2020, Zach was included in Cincinnati Business Courier’s Forty Under 40 class which recognizes the next generation of leaders and innovators in Greater Cincinnati. He recently joined the board of directors for the Ohio Valley Goodwill. Zach was impressed with the scale of the organization and their mission of helping those with disabilities and other challenges gain employment in the community and wanted to be part of their success.
Ever wondered about the difference between checking, savings, and brokerage accounts?
In this episode, David J. Nienaber, MBA, CPA, CFP®, discusses the distinctions between checking accounts, savings accounts, and brokerage accounts. He highlights benefits of each and how they function together. Additionally, he explains how brokerage accounts can be platforms for purchasing stocks, bonds, and mutual funds. Lastly, he touches on how money market funds are becoming a popular choice instead of traditional savings accounts.
David shares more about:
- Money market funds as an alternative to traditional savings accounts
- Money market funds can be bought and sold in a brokerage account and earn higher interest rates
- Brokerage accounts not FDIC insured but have SIPC insurance
- And more
Connect With David:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- David Nienaber, MBA, CPA, CFP®
- LinkedIn: David Nienaber
- LinkedIn: Foster & Motley
In this episode, Tony R. Luckhardt, MBA, CFP®, CRPC®, sits down with Dan Bisig, the President and Founder of College and Beyond, to dive into the world of college planning.
Get ready for valuable insights and a positive perspective on the college journey!
Dan discusses the importance of early planning, not only from a financial perspective but also in terms of finding the perfect academic and social fit. Discover why reading and test-taking skills remain vital in the college admissions landscape, even amidst the test-optional trend. Dan unveils his three-part approach, covering essential topics like the college money talk, career exploration, and college selection, as well as demystifying the admissions process. He also shares seven common pitfalls that families make as they begin the college planning process.
Dan shares more about:
- The importance of starting the college planning process early
- Choosing the right college
- The ideal timeline for working with a college planner
- And more
Connect With Dan Bisig:
- LinkedIn: Dan Bisig
- College And Beyond
Connect With Tony Luckhardt:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Tony Luckhardt, MBA, CFP®, CRPC®
- LinkedIn: Tony Luckhardt
- LinkedIn: Foster & Motley
Have you recently wondered why the performance of companies like Apple, Microsoft, Amazon, Nvidia, and Google significantly impacts the overall market?
Diversification is not just a buzzword, it’s an important strategy for managing portfolio risk. If you’re unsure about your investments’ concentration, check out this episode as Thom Guidi, CFA, discusses stock concentration and market breadth as indicators of market movements.
Thom shares more about:
- How the largest tech companies in the S&P 500, such as Apple, Microsoft, Amazon, Nvidia, and Google, have a significant impact on the overall market at present
- The importance of diversification in portfolios to manage risk and the benefits of assessing portfolio concentration.
- Assessing portfolio concentration and considering investment relationships
- And more
Connect With Thom Guidi:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Thom Guidi, CFA
- LinkedIn: Thom Guidi
- LinkedIn: Foster & Motley
When it comes to our day-to-day lives, delegating certain responsibilities can actually free up our mental space, giving us time to focus on what we do best.
In this episode, Rachel Rasmussen, MBA, CFA, CDFA®, and Nick Roth, CFP®, discuss the concept of having a Chief Financial Officer (CFO) for your personal life. They explain the benefits of having a CFO-like advisor who can provide information and insights to help you make informed decisions about your finances. There is great value in having a team of professionals, including financial planners, investment managers, insurance agents, and estate planning attorneys, to provide specialized expertise and support.
Nick and Rachel share more about:
- The importance of staying updated on financial regulations, investment opportunities, and retirement plans
- Saving time, relieving stress, and making the right decisions with a CFO-like advisor
- Making good financial decisions and maximizing opportunities while minimizing mistakes
- Benefits of delegating certain aspects of life to experts
- And more
Connect With Nick and Rachel:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Nick Roth
- Rachel Rasmussen
- LinkedIn: Nick Roth
- LinkedIn: Rachel Rasmussen
- LinkedIn: Foster & Motley
You’re likely familiar with the idea that for every action, there’s a corresponding reaction. This concept rings true in financial planning as well. With nearly every financial decision you make, there aretax consequences waiting in the wings.
In this episode, Zach Binzer, CFP®, discusses the nuances associated with different investment account types and how tax considerations vary from one to the next. He also explains how the long term planning a financial advisor can provide can help you understand how today’s decisions may impact your tax situation 10, 20, or 30 years from now!
Zach shares more about:
- The importance of account diversity
- Insights into tax-efficient estate planning approaches
- The impact of taxes on Medicare premiums and Social Security benefits
- The essential part CPAs can play in proficient tax planning
- And more
Connect With Zach:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Zach Binzer, CFP®
- LinkedIn: Zach Binzer, CFP®
- LinkedIn: Foster & Motley
You’ve seen the ads on TV and in your mailbox, but what really are the important things to know before you choose a Medicare plan? And what are the differences between Part A, B, and D? In this episode of the Foster & Motley podcast about Wealth & Life, Dave Nienaber is joined by Marisa …
Saving for college may seem like it starts as soon as you learn about a new addition to the family. With all the discussions about 529 plans to invest in future educational expenses, recent changes have actually made things better, for the most part. In this episode, Tony Luckhardt, MBA, CFP®, CRPC®, discusses changes to …
In a world where uncertainty lurks around every corner, humans have an innate desire to predict the future, particularly when it comes to things that may impact them negatively. Economic forecasting is one such endeavor, attempting to navigate the complex currents of financial markets and emerging economies. In this episode, Luke Hail, MBA, CFP®, and …
When the tax deadline looms near and you find yourself in need of more time to complete your return, what steps should you take? It’s a common situation; about 12% of tax returns filed each year are extended! Maybe life got busy or perhaps you have a complicated financial situation and find yourself waiting on …
Not all insurance plans are created equal, which is why having the right partner matters. In this episode, Rachel Rasmussen, MBA, CFA, CDFA®, is joined by Erin Blevins from Oswald Insurance to dive into property and casualty insurance specifically. They discuss how to make sure you have the right coverage for your situation and the … Continue reading What is Property & Casualty Insurance and how do I make sure I have the right Coverage? With Rachel Rasmussen, MBA, CFA, CDFA®, and guest, Erin Blevins →
Are you curious about the role of bonds in an investment portfolio and how they react to economic shifts? In this episode, Thom Guidi, CFA, and Sarah Conwell, CFA, delve into the crucial lesson of incorporating bonds into your investment strategy and what the benefits are. While bonds serve as a protective measure during bear … Continue reading Are Bonds Back? With Thom Guidi, CFA and Sarah Conwell, CFA →
Have you thought about supporting your children in purchasing their first home? With the increasing interest rates, there is a growing trend of parents stepping in to provide assistance with down payments or initial purchases. In this episode, Joe Patterson, CFP, delves into the burgeoning trend of family loans and examines the various strategies parents … Continue reading Should I Consider Loaning Money to My Kids? With Joe Patterson, CFP →
We are traveling around the world with the individuals of Foster and Motley! Join us as we traverse the globe, guided by the insights of Zach Binzer, CFP®, Niki Williams, Joe Patterson, CFP®, Rachel Rasmussen, MBA, CFA, CDFA®, Nick Roth, CFP®, Sara Young, CFP®, Zach Horn, MBA, CFP®, CMFC®, Tony Luckhardt, MBA, CFP®, CRPC®, and … Continue reading What’s The Best Trip You’ve Ever Taken? with The Foster & Motley Team →
In a world where tapping your phone on a credit card machine is the norm, it can be hard for kids to grasp and truly understand the value of money but, it’s important to teach them about money, and how to prioritize saving, spending, and giving so they have a healthy relationship with money as … Continue reading When Should I Start Talking to My Kids About Finances? With Rachel Rasmussen, CFA, CDFA®, and Tony Luckhardt, CFP ®, CRPC® →
As you prepare to venture out into the world, it’s time to embrace real responsibility. Regardless of your current situation, taking the initiative to get essential estate planning documents is a crucial step for any young adult. In this episode, Nick Roth, CFP®, emphasizes that turning 18 brings about a significant shift in legal recognition, … Continue reading Why Should Young People Have Estate Planning Documents? With Nick Roth, CFP® →
You’ve taken care of your will, power of attorney, and established a trust, but there is one more document you should consider as you think through your estate plans: a family letter. In this episode, Zach Horn, MBA, CFP®, CMFC®, emphasizes the significance of having a family letter as a supplement to your estate planning … Continue reading What Is A Family Letter and Why Should I Have One? With Zach Horn, MBA, CFP®, CMFC® →
It is a wonderful thing when you reach a point in your career where you receive additional compensation such as stock awards. However, not all stock grants are created equal, and understanding the nuances and tax consequences is essential to maximizing their benefits.
Join us in this episode as we explore the complex world of stock grants with Joe Patterson, CFP®. Joe shares his expertise and insights on the different types of stock grants, their vesting schedules, and the tax implications they may have on your portfolio.
Topics Joe shares more about:
- The motivations behind companies offering stock awards
- Some of the different types of stock awards available
- The advantages and disadvantages of different types of stock awards
- A detailed look at the tax implications of receiving stock awards
- And more
Connect With Joe Patterson:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Joe Patterson, CFP®
- LinkedIn: Joe Patterson, CFP®
- LinkedIn: Foster & Motley
About Our Guest:
Joe Patterson remembers as a child going with his father, an estate planning attorney, to visit clients, many of whom were in chaotic or isolated situations. His father drilled into him that being there for people with integrity and consistency wasn’t just part of the job, but was what you built a career on.
Joe values face-to-face interaction and relationship-building more than anything else, and he often does it with a laugh. After a ten-year career with other institutions, he knew that the unique approach of Foster & Motley, pairing an investment manager with a financial planner, would allow him to have more of the real conversations that lead to organized and holistic outcomes.
Joe became a shareholder in 2017 at Foster & Motley and finds a lot of purpose and inspiration in the long-term vision of the firm. He is also in charge of human capital at Foster & Motley, and he oversees employee matters ranging from benefits and hiring to planning fun, team-building events for our staff. At Foster & Motley, relationships with clients are the most important aspect of anyone’s work, and Joe knows that the well-being and happiness of his colleagues contribute to successful client relationships. Helping to provide a positive and engaging environment is right up his alley.
Joe and his wife Sarah have prioritized exposing their sons, Peter and Tate, to different cultures and experiences. One such experience was a trip to Spain, and they plan on undertaking many more small and large adventures with their family.
It is not lost on Joe that in any situation, whether with his family or in his work, getting face-to-face and having real interactions is always the first step to helping others.
While many of us associate inflation with the increased costs of basic necessities such as gas, groceries, or haircuts, its impact is much broader than that. Inflation is a complex topic that affects every aspect of our financial lives – from day-to-day expenses to long-term goals such as homeownership and retirement planning.
Join us in this episode as David J. Neinaber, MBA, CPA, CFP®, provides an overview to help tackle the puzzle that is inflation. Despite remaining relatively low in the past forty years, recent trends show that inflation is on the rise – and this can have a significant impact on your monthly expenses and the performance of your investments.
Topics David shares more about:
- Understanding the impact of inflation
- Strategies to safeguard your investments against inflation
- Simple explanations and examples for understanding inflation
- And more!
Connect With David Nienaber:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- David Nienaber, MBA, CPA, CFP®
- LinkedIn: David Nienaber, MBA, CPA, CFP®
- LinkedIn: Foster & Motley
About Dave:
As a 17-year-old junior at Covington Catholic High School, Dave Nienaber unabashedly told a class speaker that he would eventually become a CERTIFIED FINANCIAL PLANNER, surprising a number of his classmates, but not those who knew him best. David has never refrained from engaging fully and with purpose. Whether it was as the portfolio manager for the University of Dayton’s student-run portfolio during his time as an undergraduate, teaching his children to play golf or even sticking by his beloved Green Bay Packers, he has always been energized by commitments to meaningful pursuits.
Upon graduating from the University of Dayton in 2004 with an MBA and a Bachelor of Science degree magna cum laude in Accounting and Finance, Dave started his career with Deloitte and soon earned his CPA. It was during his time working with Deloitte’s Investment Advisors team, while spending a significant amount of time working with Procter & Gamble employees and retirees, that he discovered his real passion. He enjoyed providing the many services that come with handling complex asset and retirement situations, and he had the opportunity to gain experience with an array of financial situations.
When his previous company was sold, Dave had the opportunity to step back and look at the entire financial landscape in Cincinnati and determine where he might fit best. Foster & Motley immediately jumped to the front of the line. He was drawn to their client-centric approach and low ego ethos. He also saw that with the employee-owned model of the firm, there was the chance to be invested in the company in even greater ways than just his day-to-day work. It was a natural fit.
Dave has been with Foster & Motley since 2010 serving as a Financial Planner and has been a shareholder since 2015. Dave’s client-focused mentality and team-oriented attitude led him to his role as Head of the Financial Planning team. Dave helps keep the team on top of the latest financial planning issues, so we can best serve clients. He always thought that he would enjoy giving people advice in his role as a planner and adviser, but over the years, he has honed his listening and question-asking skills. Now, he counts helping clients find the path that is right for them as the best part of his job.
It is no surprise that Dave’s family life is also full of deep purpose. Dave and his wife Moreen most enjoy taking their five children, Ella, Luke, Nicholas, Anna, and Caroline up to northern Michigan to sail, fish, and spend quality time together. They reside in Northern Kentucky, near where David grew up, and as he looks to the future, he knows his roots and commitments will continue to deepen.
Did you know that the United States ranks 4th in the world for the highest number of divorces?
If you’re going through a divorce, it’s essential to understand the financial implications that could impact your future.
In this episode, Rachel Rasmussen, MBA, CFA, CDFA®, and Joe Patterson, CFP®, help us understand the divorce process so you can plan for your financial future. You’ll also learn how working with a financial advisor can help you understand the financial impact of your divorce proceedings.
Rachel and Joe share more about:
- The importance of planning for your new financial future
- Financial factors in a divorce that you may not be aware of
- Financial considerations pre and post-divorce
- Why having a team of advisors can help to reduce stress
- And more
Resources:
- A Chat About Balance Sheets
- Why Should Both Partners Be Involved in Household Finances?
Connect With Rachel and Joe:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Rachel Rasmussen, MBA, CFA, CDFA®
- Joe Patterson, CFP®
- LinkedIn: Rachel Rasmussen, MBA, CFA, CDFA®
- LinkedIn: Joe Patterson, CFP®
- LinkedIn: Foster & Motley
Have you ever received a letter in the mail telling you that you are eligible for a class action lawsuit, potentially due to a purchase you made? You might be wondering why you are receiving these cryptic mass messages and what they mean…
In this episode, Thom Guidi, CFA, explores the world of Class Action Litigation, shedding light on its vital components. Thom explains how class action suits are initiated and who usually starts the process. By drawing from real-world examples like the Enron scandal, where shareholders were defrauded, Thom offers invaluable insights into the intricate workings of class action litigation and its far-reaching implications for investors.
Thom shares more about:
- What class action litigation suits are
- How Foster & Motley manages this process for clients
- The method of identifying potential plaintiffs for the case
- And more
Connect With Thom:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Thom Guidi, CFA
- LinkedIn: Thom Guidi, CFA
- LinkedIn: Foster & Motley
About Our Guest:
Thom Guidi often gets pulled into conversations and situations that involve technology and innovation. With a deep appreciation for and understanding of those topics, Thom is the ideal practical and nuanced thinker in a variety of scenarios. It might be his love for delving into complex topics, the fact that he grew up surrounded by engineers, or a mix of the two, that made him this way, but throughout his almost 20-year career in the finance industry, he has continually been looking for new problems to solve and innovative ways to apply his knowledge.
Thom graduated from the University of Kentucky with a Bachelor of Business Administration degree in Finance and was also a member of the varsity swim team. He then moved back to his native Northern Kentucky to begin his career working with Fidelity Investments. He was in a variety of sales and advisory positions before he joined Foster & Motley in 2005 as a Securities Trader. In 2006, he earned his Chartered Financial Analyst (CFA®) designation and became an Investment Manager at the firm. He is also a shareholder and remains integral to much of the innovation and new technology that the firm implements.
Having worked in both a large and now a smaller, client-focused firm, Thom knows that in day-to-day interactions with clients, innovation and forward-thinking can still be applied as he works to help them build and execute on their aspirations. His innovative spirit has been recognized in many ways, including as a guest on WVXU’s “On the Money” and in profiles in the Greater Cincinnati Business Courier, and the Wall Street Journal.
Thom also stays busy with his family, which includes his wife Beth, and their two young sons, Evan and Nathan. He continued his swimming career following his collegiate days in UK and has done triathlons in the past. Thom has always approached his career and partnership with clients with the same kind of dedication and deliberation that being a swimmer or runner requires and is looking forward to what the next innovation or breakthrough brings.
Inheriting money can be a significant event in your life, and it’s essential to know what to do next. Navigating the emotions associated with the loss can be hard enough, let alone dealing with financial decisions that will impact your future.
In this episode, Zach Binzer, CFP®, and Ryan English, MBA, CFA, CPA, CFP®, discuss the steps needed to navigate the inheritance process. From understanding the estate planning documents to how to divide up assets, this episode is here to help you when life takes over.
Zach and Ryan share more about:
- The importance of understanding the assets making up your loved one’s estate
- Breaking down the complexities of an estate before decisions are made
- Distribution considerations like taxes and timing
- Why keeping your beneficiary designations up to date is important
- And more
Article: What Do I Do With Inheritance Money?
Connect With Ryan English and Zach Binzer:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Zach T. Binzer, CFP®
- Ryan English, MBA, CFA, CPA, CFP®
- LinkedIn: Zach Binzer
- LinkedIn: Ryan English
- LinkedIn: Foster & Motley
The decision to sell a business can be a difficult one, especially when you have invested significant time, effort, and personal attachment. It may be one of the most significant financial decisions you will ever make.
In this must-listen episode, David Nienaber, MBA, CPA, CFP®, shares his expert advice on the best time to sell your business. As a seasoned business professional and successful entrepreneur himself, David brings a wealth of knowledge and expertise to the conversation.
Dave shares more about:
- The two most common hurdles when it comes to selling a business
- Important factors to consider when selling a business in relation to employees and key stakeholders
- One of the least discussed aspects of selling a business – the emotional component
- And more
Connect With David Nienaber:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- David Nienaber
- LinkedIn: David Nienaber
- LinkedIn: Foster & Motley
About Dave:
As a 17-year-old junior at Covington Catholic High School, Dave Nienaber unabashedly told a class speaker that he would eventually become a CERTIFIED FINANCIAL PLANNER, surprising a number of his classmates, but not those who knew him best. David has never refrained from engaging fully and with purpose. Whether it was as the portfolio manager for the University of Dayton’s student-run portfolio during his time as an undergraduate, teaching his children to play golf, or even sticking by his beloved Green Bay Packers, he has always been energized by commitments to meaningful pursuits.
Upon graduating from the University of Dayton in 2004 with an MBA and a Bachelor of Science degree magna cum laude in Accounting and Finance, Dave started his career with Deloitte and soon earned his CPA. It was during his time working with Deloitte’s Investment Advisors team, while spending a significant amount of time working with Procter & Gamble employees and retirees, that he discovered his real passion. He enjoyed providing the many services that come with handling complex asset and retirement situations, and he had the opportunity to gain experience with an array of financial situations.
When his previous company was sold, Dave had the opportunity to step back and look at the entire financial landscape in Cincinnati and determine where he might fit best. Foster & Motley immediately jumped to the front of the line. He was drawn to their client-centric approach and low ego ethos. He also saw that with the employee-owned model of the firm, there was the chance to be invested in the company in even greater ways than just his day-to-day work. It was a natural fit.
Dave has been with Foster & Motley since 2010 serving as a Financial Planner and has been a shareholder since 2015. Dave’s client-focused mentality and team-oriented attitude led him to his role as Head of the Financial Planning team. Dave helps keep the team on top of the latest financial planning issues, so we can best serve clients. He always thought that he would enjoy giving people advice in his role as a planner and adviser, but over the years, he has honed his listening and question-asking skills. Now, he counts helping clients find the path that is right for them as the best part of his job.
It is no surprise that Dave’s family life is also full of deep purpose. Dave and his wife Moreen most enjoy taking their five children, Ella, Luke, Nicholas, Anna, and Caroline up to northern Michigan to sail, fish, and spend quality time together. They reside in Northern Kentucky, near where David grew up, and as he looks to the future, he knows his roots and commitments will continue to deepen.
Many studies have shown that money can be a significant source of conflict in relationships. What if one partner is a saver and the other a spender? How do you align on your goals for the next 5, 10, or 15 years?
In this episode, Tony Luckhardt, MBA, CFP®, CRPC®, and Rachel Rasmussen, MBA, CFA, CDFA®, go into detail about the importance of communication and getting on the same page when dealing with finances among spouses.
Tony and Rachel share more about:
- When you should start having these important conversations
- What to consider when planning for a future together
- How working with a financial advisor can ease some of the stressors that come with these important discussions
- And more
Connect With Tony and Rachel:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Tony Luckhardt
- Rachel Rasmussen
- LinkedIn: Tony Luckhardt
- LinkedIn: Rachel Rasmussen
- LinkedIn: Foster & Motley
In today’s increasingly digital world, the threat of cyber attacks is more prevalent than ever. The rise of technology has given hackers more opportunities to steal personal information and gain unauthorized access to sensitive data, making it crucial to prioritize cybersecurity.
Fortunately, there are several measures you can take to protect yourself. Two-factor authentication, freezing your credit, and vigilance for suspicious activity are all key practices for safeguarding your personal and financial information.
Get ready to level up your financial security knowledge! In this episode, we’ll explore a range of ways you can protect your personal and financial information and how to identify and prevent cyber attacks. In this compelling discussion, Luke Hail, MBA, CFP, shares a real-life example of how cybercriminals infiltrated one client’s email and stole their hard-earned wealth. But don’t worry, it has a happy ending.
Join us to discover:
- The pros and cons of credit vs. debit cards
- The importance of cybersecurity and practical tips to stay safe online
- Secrets to creating uncrackable passwords
- How to spot and avoid common scams
- What a credit freeze is and how to implement it
And that’s just the beginning – there’s so much more to learn in this jam-packed episode. Tune in to take control of your financial security and protect yourself from the threats of the digital world.
Connect With Luke Hail:
- info@fosterandmotley.com
- Foster & Motley
- Luke Hail
- LinkedIn: Luke Hail
- LinkedIn: Foster & Motley
- 513-561-6640
While we were all celebrating the holidays, Congress was busy making new tax laws and gifting us with approximately 100 new provisions to the Secure Act. Can’t you feel the legislative love?
In this episode, Emily Diaz, MAcc, CPA, CFP®, and Zach Binzer, CFP®, discuss the myriad of changes to the Secure Act and how they could be significant to you.
Emily and Zach share more about:
- Secure 1.0 vs. Secure 2.0
- Changes to RMD ages
- Changes to contribution limits on retirement accounts
- Changes to Roth accounts
- And more
Connect With Emily Diaz and Zach Binzer:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Zach Binzer
- Emily Diaz
- LinkedIn: Zach Binzer
- LinkedIn: Emily Diaz
- LinkedIn: Foster & Motley
What goes up often comes down. It’s just a matter of how far and how fast the decline. Stocks are no exception.
In this episode, Mark Motley, MBA, CFA, and Joe Patterson, CFP®, talk about stock market corrections and bear markets.
Mark and Joe share more about:
- A definition of stock market corrections and bear markets
- The history of markets in terms of frequency, depth, and recoveries
- The history of bear markets for balanced portfolios
- Reasons why bear markets and market corrections matter
- And more
Connect Wih Mark Motley and Joe Patterson:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Mark Motley
- Joe Patterson
- LinkedIn: Mark Motley
- LinkedIn: Joe Patterson
- LinkedIn: Foster & Motley
What has your money done for you lately? The times are changing and interest rates are rising.
In this episode, Thom Guidi, CFA, talks about ways to put your cash to work, whether that’s money you have set aside for an emergency or cash saved for spending you anticipate in the next year or so.
Thom shares more about:
- Why cash yields are a topic of conversation right now
- Your unique uses for cash
- Where to look for the best interest rates on cash
- And more
Connect With Thom Guidi:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Thom Guidi
- LinkedIn: Thom Guidi
- LinkedIn: Foster & Motley
Sometimes two is better than one, and that’s the philosophy at Foster and Motley, where financial planners and investment managers work side by side with you.
In this episode, David Nienaber, MBA, CPA, CFP®, and Ryan English, MBA, CFA, CPA, CFP®, discuss how their dual-advisor approach helps ensure their advice truly is personalized to each client’s unique circumstances and goals.
David and Ryan share more about:
- How financial planning and investment management are different but complementary professions
- The Power of &
- Ways the dual-advisor approach benefits the client
- And more
Connect With David Nienaber and Ryan English:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- David Nienaber
- Ryan English
- LinkedIn: David Nienaber
- LinkedIn: Ryan English
- LinkedIn: Foster & Motley
2022 was a challenging year for investments and for investors.
In this episode, Mark Motley, MBA, CFA, shares a 2022 market update and looks ahead at what may unfold in 2023.
Mark shares:
- A 2022 recap including data on returns over the year
- Long-term considerations for investors
- Insight on the possibility of a recession in the upcoming year
- What 2023 may hold based on data and history
- And more
Resources:
To read the full market update: Click here
Connect With Mark Motley:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Mark Motley
- LinkedIn: Mark Motley
- LinkedIn: Foster & Motley
About Our Guest:
Mark Motley knows that a solid organization, and mission, is never built out of a place of scarcity. He also knows that no matter how deep your experience, or broad your connections, nothing replaces relationships and a model built upon serving people. When Mark Motley and Dave Foster founded Foster & Motley in 1996, they brought together their expertise in the areas of financial planning and investments, but mostly, they were united in the idea that clients could be served in a way that is both practical and compassionate. They haven’t looked back since. As a young man, Mark got in the trenches serving people when he spent two years on a church mission to Northeastern Brazil. After his experience there, he went on to the University of Kentucky and then to the largest bank in central Kentucky, First Security Bank, where he served as a vice president and trust investment officer for more than six years. During his time there, he obtained the CFA® designation and rose to be the number two investment person in the $1.2 billion trust department. Following that, it was on to Bartlett & Co. in Cincinnati, before the founding of Foster & Motley.
Behavioral finance is an intangible topic that has to do with more of an investor’s underlying tendencies or biases, not necessarily the evaluation of an investment based on quantitative or qualitative aspects of a company.
In this episode, Nick Roth, CFP®, and Ryan English, MBA, CFA, CPA, CFP®, talk about the seven common biases that can influence your investment decisions. Understanding these can help investors understand why utilizing an advisor is beneficial.
Nick and Ryan share more about:
- The meaning of behavioral finance
- Common biases to be aware of
- How your biases can result in decisions that negatively affect your future
- And more
Connect With Nick Roth and Ryan English:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Nick Roth
- Ryan English
- LinkedIn: Nick Roth
- LinkedIn: Ryan English
- LinkedIn: Foster & Motley
When the markets are down, there may still be opportunities.
In this episode, Joe Patterson, CFP®, discusses a few ways that you can make the most of the current market environment. He touches on tax planning, distribution scheduling and more.
Joe also discusses:
- Opportunities for implementation of tax loss harvesting
- Why this might be a good time to evaluate Roth conversions
- Maximizing the value of your family gifting
- And more
Connect With Joe Patterson:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Joe Patterson
- LinkedIn: Joe Patterson
- LinkedIn: Foster & Motley
The investments in your portfolio usually grow. At least that’s the goal. But those investments may also generate income. So what is portfolio income and what role can it play, especially in retirement?
In this episode, Thom Guidi, CFA, discusses the importance of portfolio income and the impact of portfolio income in a down market.
Thom shares more about:
- Where portfolio income comes from
- The impact of portfolio income in a down market
- Bonds versus stocks income
- The tax impact on portfolio income
- And more
Connect With Thom Guidi:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Thomas Guidi
- LinkedIn: Thomas Guidi
- LinkedIn: Foster & Motley
There never seems to be enough time, until you share it. The same can be true for treasure and talent. The people at Foster and Motley value all of these, and some of those people are here to share how they give back a bit of their time, treasures, and talent.
In this episode, you will hear from people across the organization about the non-profits they are involved with, and what that investment means for their life.
Members of the Foster & Motley team share about:
- The non-profits they invest in and the impact it has on their personal and professional life
- The community outreach programs that these organizations provide
- The team’s personal connections to these organizations
- And more
Connect With Foster & Motley:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- LinkedIn: Foster & Motley
Charitable giving is good for the soul. But it may also be good for your taxes.
In this episode, Emily Diaz, MAcc, CPA, CFP®, will run through the basics and the benefits of charitable giving.
Emily shares more about:
- The most common way to give charitable gifts
- Why you only get a deduction if you’re itemizing on your tax return
- Examples of tax-efficient giving
- And more
Resources:
- GuideStar
- A Podcast About Wealth and Life: A Conversation About Charitable Giving
Connect With Emily Diaz:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Emily Diaz
- LinkedIn: Emily Diaz
- LinkedIn: Foster & Motley
We are in a period of significant change with interest rates and it’s happened in a period of about six months.
In this episode, David Nienaber, MBA, CPA, CFP®, and Rachel Rasmussen, MBA, CFA, CDFA®, talk about how inflation is impacting many areas of people’s finances.
David and Rachel share more about:
- How inflation impacts the decision to stay in your home or to move
- How people have been dealing with higher borrowing costs
- Why it’s time to re-evaluate your cash
- How interest rates can put pressure on stock prices
- And more
Resources:
- A Chat About The Yield Curve with Ryan English, CFA, CPA, CFP® and Sarah Conwell, MFE – Foster & Motley
Connect With David Nienaber and Rachel Rasmussen:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Rachel Rasmussen
- David Nienaber
- LinkedIn: Rachel Rasmussen
- LinkedIn: David Nienaber
- LinkedIn: Foster & Motley
Peanut butter and jelly, Laverne and Shirley, Foster and Motley. All of these iconic pairs have changed the game in their own right.
For more than a year, the financial planners and investment managers at Foster and Motley have shared their knowledge and insights on this podcast. But how did the firm come to be?
In this episode, Dave Foster and Mark Motley share how they started their careers in finance and built a successful business relationship with each other. Dave and Mark walk down memory lane to share insight into how they have run their business, maintaining its success through the years.
Dave and Mark share more about:
- The history of their relationship, including how Foster & Motley was formed
- Why company growth has never been a driving goal for Dave and Mark
- How they’ve built their team to meet the needs of clients
- Historic shifts and challenges in the market that Foster & Motley have faced head-on
- And more
Resources:
- A Podcast about Wealth and Life
Connect With Mark Motley & David Foster:
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- LinkedIn: Mark Motley
- LinkedIn: Foster & Motley
True financial independence is when you’re working because you want to and not because you have to. Understanding what you have and what your goals are is the first step to becoming financially independent.
In this episode, Thom Guidi, CFA, and Luke Hail, MBA, CFP®, discuss what it means to be financially independent and provide you with four actionable steps to help you move closer to your goal of financial independence.
Thom and Luke share more about:
- What makes you financially independent
- How to know when you are financially independent
- How to maintain your financial independence
- And more
Connect With Thom Guidi and Luke Hail
- info@fosterandmotley.com
- 513-561-6640
- Foster & Motley
- Thom Guidi
- Luke Hail
- LinkedIn: Thom Guidi
- LinkedIn: Luke Hail
- LinkedIn: Foster & Motley
In the third quarter of 2022 the bear market resumed, making this the longest lasting decline since 2009. Since our last update, we saw the stock index go down by 5% affecting everything from investing to buying and selling property. In this episode, Mark Motley discusses the progression of the stock market since the second … Continue reading A Market Update For The Third Quarter With Mark Motley, CFA →
There comes a time in your life when you may not welcome being another year older. But if you plan ahead, it can make the difference between a senior lifestyle you choose and the one that someone else chooses for you. In this episode, Tony Luckhardt, MBA, CFP®, CRPC®, and Amy Thomas, CPA, discuss some … Continue reading A Conversation About Senior Care With Tony Luckhardt, MBA, CFP®, CRPC®, and Amy Thomas, CPA →
Losing a loved one is an emotional time. One way you can make dealing with it a little easier for your loved ones, is to have a strong estate plan and family letter in place. Your appointed executor is there to make your final wishes come to pass, but they need to know what you … Continue reading A Conversation About Executor Expectations with Zach Binzer, CFP® and Zach Horn, MBA, CFP®, CMFC® →
Maybe it’s your goal to own a lake house or a second home. But have you thought about what buying versus renting might look like for your scenario? In this episode, Joe Patterson, CFP® and Rachel Rasmussen, MBA, CFA, CDFA® discuss the pros and cons of owning versus renting and what might make sense for … Continue reading A Conversation About Buying or Renting A Second Home with Joe Patterson, CFP® and Rachel Rasmussen, MBA, CFA, CDFA® →
So you think your investments are doing well, or perhaps you think they are performing poorly. But compared to what? In this episode, Thom Guidi, CFA, explains what a benchmark is and shares some examples. He also talks about why it’s important to review your performance compared to benchmarks. Thom shares more about: Why benchmarks … Continue reading A Chat About Benchmarks with Thom Guidi, CFA →
Have you considered opening up a 529 account? There may be more to consider than you realize! In this episode, Nick Roth, CFP®, will help you understand some of the general rules and benefits behind 529 accounts. He also shares the impact that 529 accounts can have on an individual’s eligibility for financial aid. Nick … Continue reading A Chat About 529 Accounts and College Planning with Nick Roth, CFP® →
Cash flow is what comes and goes out of your household, and defines what you are doing in the world in many ways. In this episode, Luke Hail, MBA, CFP®, will help give you a clear understanding of why understanding your cash flow matters. Luke shares more about: The concept of cash flow How to … Continue reading A Chat About Cash Flow with Luke Hail, MBA, CFP® →
As an investor, it is helpful to understand the yield curve. Its movements are tied to economic growth, monetary policy, and inflation which impact investment portfolios. In this episode, Ryan English, CFA, CPA, CFP®, talks with Sarah Conwell, MFE, to explain the significance of two separate points on the curve and the ways investors interpret … Continue reading A Chat About The Yield Curve with Ryan English, CFA, CPA, CFP® and Sarah Conwell, MFE →
Insurance is not just for when you pass away. It’s to protect against catastrophic life events. In this episode, Tony Luckhardt, MBA, CFP, CRPC®, discusses the many types of insurance and how some of them work together. Tony shares more about: The types of insurance When you need insurance And more Connect With Tony Luckhardt: … Continue reading A Chat About Planning For The Unexpected with Tony Luckhardt, MBA, CFP, CRPC® →
The first half of 2022 was the worst first half of a year for stocks in over 50 years, with the fear that inflation was right around the corner. In this episode, Mark Motley, CFA, shares a brief market update from the second quarter of the year, outlining the impact of inflation, the prospect of … Continue reading A Market Update for the Second Quarter of 2022 with Mark Motley, CFA →
A balance sheet can be a useful tool in personal finance to inventory your assets and track growth over time. In this episode, Joe Patterson, CFP®, explains the benefits of using a balance sheet and some actionable next steps for creating a personal balance sheet. Joe shares more about: A definition of a balance sheet … Continue reading A Chat About Balance Sheets with Joe Patterson, CFP® →
Protecting yourself in today’s world is more important than ever. Being proactive in developing security habits can give you a sense of comfort when it comes to your financial data. In this episode, Emily Diaz, MAcc, CPA, CFP®, provides some reminders about ways to protect your information and shares new resources that are available to … Continue reading A Chat About Cybersecurity in the Financial World with Emily Diaz, MAcc, CPA, CFP® →
There is not a simple or succinct definition of value investing. Generally put, it is a style of investing that is in contrast to growth investing and considers valuation measures when determining stock selection. In this episode of the Foster & Motley podcast, Thom Guidi, CFA, and Mark Motley, CFA, discuss the ins and outs … Continue reading A Conversation About Value Investing with Thom Guidi, CFA and Mark Motley, CFA →
Private investments are different from publicly traded investments like stocks and bonds. They’re limited to a certain type of investor and have a unique set of considerations. In this episode, Rachel Rasmussen, CFA, CDFA®, discusses the lesser known topic of private investments. She references specific examples of private investments and explains how some investors can … Continue reading A Chat About Private Investments with Rachel Rasmussen, CFA, CDFA® →
As you approach retirement, bonds are likely to become a more significant part of your asset allocation. Typically, bonds, traditional or alternative, are a more stable way to generate cash flow to replace the paycheck that is lost moving into retirement. In this episode, Zach Horn, MBA, CFP, CMFC®, discusses why alternative bonds are a … Continue reading A Chat About Alternative Bonds with Zach Horn, MBA, CFP®, CMFC® →
Balance is a tricky thing. Something that is balanced today may not maintain its balance; take investment portfolios, for example. When Foster & Motley begins working with a client, they balance their portfolio based on several targets, but over time rebalancing is necessary to maintain those targets. In this episode, Ryan English, CFA, CPA, CFP®, … Continue reading A Conversation About Rebalancing Your Portfolio with Ryan English, CFA, CPA, CFP®, and Nicholas Roth, CFP® →
Your health savings account may be more important and more flexible than you realize. While it was created to help people set aside funds for health care costs, the value doesn’t stop there. In this episode, Zach Binzer, CFP®, explains how you can maximize the value of your HSA and why it’s reasonable for some … Continue reading A Chat About Health Savings Accounts with Zach Binzer, CFP® →
Finding a hobby you enjoy can make retirement that much sweeter. In this episode, Rachel Rasmussen, CFA, CDFA®, and Dave Foster discuss his retirement hobby of beekeeping. Dave shares about how we got into it, how he has managed to grow his operation and why he enjoys it so much. Rachel and David also chat … Continue reading A Chat About a Retirement Hobby of Beekeeping with Dave Foster and Rachel Rasmussen, CFA, CDFA® →
If you understand the way Social Security works and how it’s funded, you will understand why the probability of it running out of money is extremely low. In this episode, Luke Hail, MBA, CFP®, discusses the Social Security system’s benefits and some key points to remember before taking Social Security. Luke shares more about: When … Continue reading A Chat About Social Security with Luke Hail, MBA, CFP® →
Some events make the world a different place, seemingly overnight. Since the invasion of Ukraine, it appears the Post-Cold War era is over and prior norms will not revert as long as Putin controls Russia. While much has changed in recent days, the benefits of Foster & Motley’s core investment strategy have not. Seeking to … Continue reading A Market Update for the First Quarter of 2022 with Mark Motley, CFA →
Don’t make a charitable gift simply to get a tax deduction; make a charitable gift because it aligns with your goals. In this episode, Dave Nienaber, MBA, CPA, CFP®, CEPA, and Joe Patterson CFP®, discuss two primary ways of transferring your wealth: charitable and family gifting. They also share what you should consider when giving … Continue reading A Conversation About Charitable and Family Gifting with David Nienaber, MBA, CPA, CFP®, CEPA, and Joe Patterson CFP® →
Many people’s instinct is to sell when the market takes a hit, but making those decisions based on emotion seldom has the best outcome. In this episode, Ryan English, MBA, CFA, CPA, CFP®, shares his insight on the importance of understanding and the questionnaire Foster & Motley uses to help determine their client’s risk tolerance. … Continue reading A Chat About Risk Tolerance with Ryan English CFA, CPA, CFP® →
Estate tax doesn’t necessarily affect everyone, but for those it does impact, it can be a big deal. Also, the laws around it have changed several times, and are expected to again soon. In this episode, Tony Luckhardt, MBA, CFP®, CRPC®, and Emily Diaz, CPA, CFP®, share about the history of estate taxes. They also … Continue reading A Conversation About Estate Tax with Tony Luckhardt, MBA, CFP®, CRPC®, and Emily Diaz, CPA, CFP® →
Required minimum distribution rules impact almost everyone at some point in their lives. Do you know what to expect so you can avoid the high cost that comes with missing an RMD? In this episode, Nick Roth, CFP®, discusses everything you need to know about required minimum distribution rules and how to plan ahead with … Continue reading A Chat About Required Minimum Distributions with Nick Roth, CFP® →
To truly understand the stock market, it is important to understand how stocks are divided into different sectors. Having a grasp on these sectors can benefit you in the long run. In this episode, Thom Guidi, CFA, discusses how to identify which stocks belong within each of the 11 stock market sectors and why it … Continue reading A Chat About Investment Sectors with Thom Guidi, CFA →
It’s 2022 and everyone is still dealing with the impact of COVID-19 along with many other changes that affect your financial life. But, at Foster & Motley, they continue to adapt in new ways to help their clients keep moving forward. In this episode, Zach Horn, MBA, CFP®, CMFC®, and Nick Roth, CFP® discuss the … Continue reading A Conversation About 2021 and What’s Ahead with Zach Horn, MBA, CFP®, CMFC® and Nick Roth, CFP® →
After a year of discussing all things wealth and life, it is time to venture into more condensed conversations with our new short series. Don’t worry, we’ll still give some topics the full 30 minutes they deserve, but we’re adding in some 10 minute or less episodes as a quick hit on more focused topics … Continue reading A Chat About Our 2022 Podcast Season With Joe Patterson, CFP® →
Understanding what goes into estate planning, and how to distinguish between the different documents is vital in planning for your future. In this episode, David Nienaber sits down with Jake Samad, attorney, and partner at Robbins, Kelly, Patterson, and Tucker. They discuss some of the common questions that come up about estate planning and the … Continue reading A Conversation About Working With an Estate Planning Attorney With Jacob Samad →
When you make the decision to work with a financial advisor, they are going to get to know you and your financial situation to assist you in reaching your goals. Over the first year, they are going to meet with you and slowly address each area of your finances. In this episode, Rachel Rasmussen and … Continue reading A Conversation About the First Year of a Wealth Management Experience →
Thanksgiving — is a time where we can reflect on the things we are most grateful for. This Thanksgiving season, we at Foster & Motley are thankful for our colleagues who make us such a strong team, and our clients who allow us to be a part of their lives. Without our passionate team, and … Continue reading A Conversation About Our Gratitude →
Having the initial conversation with your financial advisor can be hard — maybe you have gotten yourself into a bad financial situation or just have not addressed it — either way, we are here to help. In this episode, David Nienaber and Zach Horn discuss the elements of a wealth management engagement. David and Zach … Continue reading A Conversation About Elements of a Wealth Management Engagement →
Understanding the value of proper financial planning as a young adult is important, but means nothing if you don’t know what exactly you should be doing. In this episode, Joe Patterson and Thom Guidi help you learn more about the specific financial decisions you should be considering as a young adult. Joe and Thom take … Continue reading A Conversation About Young Adult Financial Planning, Part Two →
What if the things you know now about your finances, you knew in your twenties? Do you think you would have made some different decisions? In this episode, Joe Patterson and Thom Guidi discuss things that every young adult should begin thinking about regarding their finances. In the first part of this two part series, … Continue reading A Conversation About Young Adult Financial Planning, Part One →
In life, 2 things are guaranteed — death and taxes. So it is important that you take the time to understand tax planning so you don’t end up paying more than you owe. In this episode, Tony Luckhardt and Ryan English help you understand what should be going into your tax planning and how the … Continue reading A Conversation About Tax planning and how it impacts your portfolio and future goals →
When it comes to your retirement plans, it is vital for you to understand the details around contributions to your accounts and, when it comes time, the distributions from them. In this episode, Luke Hail and Rachel Rasmussen return to their discussion about retirement plan options so you can fully understand the types of retirement … Continue reading A Conversation about Retirement Plan Options, Part 2 →
When you are planning for your retirement, you should start sooner rather than later and figure out how to create that post-employment paycheck. In this episode, Luke Hail and Rachel Rasmussen discuss planning for retirement. Luke and Rachel aim to educate you about what types of accounts exist, how to know which one to use … Continue reading A Conversation about Retirement Plan Options, Part 1 →
What is a financial planner? What do they do? In this episode, David Nienaber and Tony Luckhardt sit down to discuss what the role of the financial planner encompasses and what it means to Foster & Motley specifically. David and Tony speak about what to expect from the process of working with a financial planner … Continue reading A Conversation About Financial Planning →
We have introduced you to many investment managers and financial planners throughout this podcast, but do you really know what the roles of each are? In this episode, Ryan English and Thom Guidi explain the role of investment managers and what they do to help clients prepare for the future. Ryan and Thom aim to … Continue reading A Conversation About Investment Management →
Data privacy has become more of a concern as the world is transforming to full digital. Although companies are continuing to upgrade their security to protect your data, you need to do your part to ensure it is protected on your end. In this episode, Zach Horn and Joe Patterson, investment manager and financial planner, … Continue reading A Conversation about Financial Data, Sensitive Information, and the Security of it →
When it comes to charitable giving, you have your own goals on what you want to do and how you want to give. Are you fully aware of all of the options you have when it comes to giving? In this episode, Tony Luckhardt and Rachel Rasmussen discuss what is available to you when it … Continue reading A Conversation about Charitable Giving →
Inflation is not always a bad thing, and there are many cases in which inflation is good. The question is, what can you do about it? In this episode, Ryan English and Luke Hail sit down to discuss inflation and the impacts it has on the US economy. The duo discuss how inflation works and … Continue reading A Conversation about Understanding Inflation →
One of the biggest issues facing all investors are the emotions that are involved. Working with an advisor, can help you to focus on the long-term and remove the emotions from financial decisions. In this episode, David Nienaber and Zach Horn discuss the benefits of working with a financial advisor when it comes to your … Continue reading A Conversation about Taking the Emotions Out of Investing →
You often hear ‘stocks and bonds’ mentioned when talking about investing, but few people go into detail about bonds. In this episode, Thom Guidi and Luke Hail discuss the ins and outs of bonds. The duo dives into the most important things you need to know when it comes to bonds, and how the usage … Continue reading A Conversation on Understanding Bonds →
Have you ever wondered what a financial advisor can do for you? Or how to find the right one for you? We are here to help you answer some of these questions! In this episode, Ryan English and Tony Luckhardt dive into a conversation about financial advisors! They give information on what to expect when … Continue reading A Conversation on Working With a Financial Advisor →
Having conversations with your family about your estate plans are an important step in avoiding any issues when the time comes for someone to step in and take care of your assets. In this episode, Dave Nienaber and Thom Guidi discuss what the process of having this personal conversation with your family looks like. Dave … Continue reading A Conversation on Your Assets and Estate Planning With the Family →
What are the smartest decisions to make when you invest? How can you be sure that the investments you make are within your level of risk and will help you reach your goals? In this episode, Rachel Rasmussen and Joe Patterson help you answer those questions by taking a look at speculation versus investing. They … Continue reading A Conversation about Speculation Versus Investing →
When managing your money, it is important to understand proper asset allocation. We are here to help you understand what this means! In this episode, we meet Ryan English and Tony Luckhardt of Foster & Motley as they help you understand what it means when they say asset allocation. They equip you with the basic … Continue reading A Conversation about Asset Allocation →
Many people think that money can buy happiness, but we are here to tell you, that isn’t necessarily true! In this episode, Zach Horn and Luke Hail dive into conversation about how working toward your goals and financial independence can help you feel more confident when it comes to your finances. They discuss how planning … Continue reading A Conversation about Working Toward Financial Independence →
When it comes to estate planning, there is more to it than just signing documents and moving on. In this episode, Rachel Rasmussen and David Nienaber discuss the importance of implementing your estate plan and what you can expect after you sign those initial documents. Rachel and David share some information with you to help … Continue reading A Conversation about Estate Planning Documents and How They Impact Your Financial Assets →
Did you know that diversifying your portfolio can help limit the risk that is attached to it? In this episode, we meet Thom Guidi and Joe Patterson of Foster & Motley, as they dive into conversation about what it means to diversify your portfolio and the ways you can limit the risk by doing so! … Continue reading A Guide on Diversification with Thom Guidi and Joe Patterson →
Do you want to learn what you could be doing to improve your financial wellbeing? Are you interested in actionable ideas for your financial future? Would sitting in on discussions about topics in the world of investing and financial planning help you? You have found the right Podcast! In this episode, we meet Zach Horn … Continue reading Welcome to Foster & Motley – A Podcast about Wealth and Life →