Phil Weiss

Phil Weiss, a registered financial advisor and founder of Apprise Wealth, dives into the intriguing dynamics of the current market. They discuss how recent market volatility was spurred by Trump's tariff headlines and a sharp crypto sell-off. The importance of understanding risk tolerance and viewing market corrections as normal is emphasized. Weiss also highlights the dangers of emotional trading, the underperformance of active managers, and why diversification is key, especially with the recent pullback in gold and silver presenting potential buying opportunities.

Kaitlyn Laney, a certified financial advisor from Scottsdale, shares her journey of balancing motherhood with financial advising. She discusses the challenges of giving personalized financial advice, especially to high-income earners often receiving outdated guidance. Kaitlyn emphasizes tailored strategies for tax mitigation and retirement planning, alongside the real costs of childcare. Joined by Barbara Friedberg and Phil Weiss, they explore women's financial empowerment, making deliberate family versus career decisions, and the importance of financial literacy for families across varying life stages.

In this engaging discussion, Phil Weiss, a financial advisor at Apprise Wealth Management, emphasizes the importance of learning AI before getting left behind. He draws parallels between AI's transformative impact and the Industrial Revolution, challenging traditional work and identity norms. The conversation highlights how understanding AI can separate the empowered from the obsolete, urging society to adapt and innovate. Weiss also raises concerns about the ethical implications of AI and the potential identity crisis as traditional job roles fade.