
The Resilient Minds Podcast
Ep 192 - Why financial literacy foster a financially responsible society with Michael Warszawski?
In the latest episode of The Resilient Minds Podcast, host Eric Balance engages in a profound conversation with Michael Warszawski, the founder and CEO of Confidence Wealth Management Partners, and the Chair of the exclusive Tiger 21 community in New York City. Michael's journey from a focus on intellectual prowess to embracing the power of emotional intelligence offers listeners a unique perspective on leadership and personal growth.
Their discussion delves into the art of listening, drawing parallels between musical harmony and effective leadership. Michael reflects on his experiences with the Young Presidents Organization (YPO), highlighting how structured listening practices and vulnerability have shaped his leadership approach. He emphasizes that true leadership requires introspection and a willingness to learn from others.
Transitioning to the financial sector, Michael sheds light on fiduciary responsibility, critiquing current industry practices that often lack enforcement. He advocates for transparency and honesty, stressing the importance of aligning advisors' actions with their clients' best interests. This segment challenges listeners to reconsider the ethical standards within financial services.
Introducing the Family Voice Framework, Michael outlines its five pillars: Vision, Organization, Investments, Controls, and Education. He shares how this framework aids families in managing wealth while staying true to their core values and vision. It's a testament to his belief that wealth management should be both strategic and deeply personal.
Concluding the episode, Michael discusses his commitment to enhancing financial literacy, particularly among youth. As a board member of the WISE organization, he highlights initiatives aimed at educating high school students and victims of domestic abuse, ensuring they are equipped with essential financial knowledge for a secure future.Connect with Michael Warzawski
Explore Fiduciary Best Practices: Delve into the Institute for the Fiduciary Standard's guidelines to understand the ethical benchmarks in financial advisory services.CWM Partners, LLC
Learn About CWM Partners: Discover how Michael and his team assist families in navigating wealth management with integrity and personalized strategies at www.cwm-partners.com.
Support Financial Literacy Initiatives: Consider attending the upcoming gala dinner in New York on October 9th, dedicated to promoting financial education and empowerment.
For a deeper understanding of these topics, listen to the full episode on Apple Podcasts or Spotify.
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