Barron's Advisor

Riley Saunders, a financial advisor at Cassaday & Co. with a master's in personal financial planning, dives into the psychology behind managing money. He emphasizes the significance of understanding personal emotions and childhood experiences that shape our financial behaviors. Riley also tackles the challenges of discussing finances, highlighting the guilt often felt in these conversations. He shares insights on the importance of mentorship and resilience in financial planning while encouraging listeners to embrace discomfort for personal growth.

Sebastian Mallaby, a senior fellow in international economics at the Council on Foreign Relations, delves into the intersection of finance and disruption. He discusses the vital independence of the Federal Reserve amidst political pressures and its historical relevance. Mallaby sheds light on AI's role in reshaping inflation dynamics while offering insights on job displacement. He also explores how Persian Gulf nations are gaining financial power through energy exports and the implications of AI on capital markets and governance. It's a captivating blend of economics and technological evolution.

Dave Welling, CEO of Mercer Advisors, reveals how his company transformed into a $70 billion powerhouse through an innovative acquisition strategy. He sheds light on the importance of cultural compatibility and shared values in selecting partners. Welling emphasizes the need for a client-centric approach and strong relationships in the advisory industry. He also discusses the benefits of employee equity ownership in fostering motivation and teamwork, making a compelling case for growth through collaboration.

Lindsay Pazdan, a Morgan Stanley Wealth Advisor, shares her expertise on trust and estate planning. She dives into the nuances of engaging Next-Gen clients and stresses the importance of updating estate plans regularly. By exploring family dynamics, she highlights the need for tailored discussions in blended families and focuses on preparing younger generations for financial stewardship. Effective communication strategies and collaboration between advisors and legal experts are key to successfully addressing clients' needs and fostering authentic wealth management.

The National Book Award winner explores how today’s extreme concentration of wealth is reshaping risk, client expectations, and the future of financial advice. Host: Steve Sanduski, CFP. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dr. Kim Henderson, the head of health and wellness education, discusses how she applies her medical expertise to help the firm’s advisors when clients face health-related challenges. Host: Greg Bartalos.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Tom Klingman, managing partner of Klingman & Associates, shares insights from his extensive experience in managing wealth for high-net-worth families. He discusses the power of independence in driving innovation and change without bureaucratic constraints. Klingman reflects on the unique challenges of generational wealth transfer and underscores the importance of strong client relationships. He also touches on navigating family dynamics within financial advisories and emphasizes the value of collaboration and personal growth in leadership roles.

Edward Fishman, an economic statecraft expert and author of "Choke Points, American Power in the Age of Economic Warfare," delves into the evolving world of economic warfare. He discusses how the U.S. leverages financial tools and sanctions as new realities reshape market risks. Key topics include the historical Nixon Shock's lasting impact, the rise of de-dollarization amid geopolitical shifts, and the complexities of global economic interdependence, especially between the U.S. and China. Fishman emphasizes the need to monitor economic indicators in this dynamic landscape.

Julia Carlson, founder and CEO of Financial Freedom Wealth Management Group and author of 'Money Loves You,' shares insights on transforming our relationship with money. She emphasizes the importance of mentorship and building deep client relationships. Julia introduces the 'anti-budget' concept, advocating for personal values over rigid financial constraints. She calls for greater gender diversity in finance and discusses the power of 'firing yourself' to empower teams, hinting at exciting future projects like a documentary on entrepreneurship.

Ryan Moran, a financial advisor at Merrill Lynch Wealth Management, shares valuable insights on engaging younger clients in finance. He highlights how tailored strategies can ease financial anxieties and the importance of personalized advice over automated options. Moran discusses the shift from entertainment to finance, emphasizing relationship-building. He also delves into intergenerational planning, the growing appeal of cryptocurrencies, and urges young advisors to embrace curiosity and networking to thrive in the industry.