Between Now and Success

Pam Perskie is the Founder and CEO of Seven Mile Advisory, a multi-family office that works with clients who have significant financial complexity, including business owners, private equity professionals, real estate investors and operators, professional athletes, and entertainers. Pam and I discussed how a successful multi-family office operates, the profile of clients, how her firm charges for its services, the mindset advisors need to work with wealthy (and oftentimes famous) individuals, where alternatives fit in her clients' portfolios, and the role that technology plays in delivering exceptional service.

Andrew Kaye-Skinner is a Senior Product Trainer for Advisor Group, which is one of the country's largest independent broker dealers. Andrew and I discussed how he taps into his theater and linguistics background to deliver effective training to financial advisors. We also touch on some adult learning theory topics that will help you get your message across whether you're training your team of advisors or preparing to speak at an event.

Michael Fosnaugh, Chicago-based Senior Managing Director and Co-Head of the Flagship Fund at Vista Equity Partners, talks about private equity and enterprise software opportunities. They discuss the distinction between private equity and venture capital funds, the evolution of enterprise software from licensing to the cloud, and the importance of AI in the enterprise software space.

Research and product strategist Miguel Sosa discusses deconstructing modern portfolio theory and applying its three elements for building efficient portfolios. The conversation explores the benefits of adding private equity real estate, comparing private real estate with publicly traded REITs, and how regular investors can access high-quality private real estate investments.

John Christmas is Co-Head of Business Development and Investor Relations at HPS Investment Partners, a global investment firm with approximately $92 billion in AUM as of September 2022. John and I talked about how even as interest rates rise, private credit could provide a reasonable ROI with moderate volatility for clients looking beyond the traditional components of the 40 in the 60/40 portfolio.

Since 2014, I've published 678 podcasts and the vast majority were interview shows. In 2022, I published 45 shows. Here are 10 ideas from my top podcasts of 2022 that particularly resonated with me and my audience (in chronological order). You'll hear ideas from: Lisa Salivi Denise Shull Scott Keller and Vik Malhotra Scott Hanson Julia Boorstin Carrie Melissa Jones Lynne Twist Jess Bost Dr. Preston Cherry Rachel Robasciotti Full show notes: https://stevesanduski.com/top-podcasts-of-2022/

For the eighth time, I begin the New Year with 3 carefully chosen words meant to remind, motivate, and guide me on my road to making the New Year my best year yet. It's called the My 3 Words exercise. My 3 words are printed at the top of my Daily Outcomes sheet (my prioritized to-do list) so I see them multiple times a day. By being thoughtful when I identify my 3 words and then reviewing them on a daily basis, I have a daily reminder of my key focus for the year. These words help me stay on track and on plan. Last year, I decided to mix it up and instead of doing the My 3 Words exercise, I did a "filters" exercise—more on that in a moment. For 2023, I'm keeping the same filters from 2022 and bringing back the My 3 Words exercise. In today's podcast, I reveal my 3 words for 2023 and discuss how well I executed on the filters exercise from 2022.

Michael Bradley founded Bradley Wealth in 2002. Today the firm offers high-touch financial planning and alternative investments to high-net-worth clientele. Michael and I have known each other since my days at Peak Advisor Alliance, and I was excited to catch up with him at the 2022 CAIS Alternative Investment Summit in Beverly Hills. We talked about his evolution from being a corporate executive for 15 years to starting his planning firm from scratch at the bottom of the Dotcom bubble. We also discussed why and how Michael made alternative investments a core part of his investment strategy.

There's no one predefined path that will lead us through the challenges and heartbreaks that we all face in life. Often times the best that we can do is learn to accept and explore our emotions while remaining open to the opportunities in front of us. That willingness to explore and grow can help us heal, and help us redefine who we are going forward. In today's adventure episode, I talk to Jess Bost, VP – Brand Partnerships at Alpha Architect, a research-intensive asset management firm. Jess is also the host of The Breakthrough Factor podcast, a CrossFit coach, and an Olympic weightlifter. Jess was in a "dark night of the soul" place due to personal trauma and she shares with me, in raw, real terms, her journey of personal and professional self-discovery that brought her to a place of strength where she now coaches others who want to make major life changes and plan for a successful future. As I said to her during the show, what she shares is "a gift" to those who listen. Don't miss it.

Shannon Larson is the Senior Vice President, Platform Management and Product Development at Advisor Group, the nation's largest network of independent financial advisors. I spoke with Shannon at the 2022 CAIS Alternative Investment Summit in Beverly Hills about how she and her team manage a shared service model, as well as how alternative investment products are helping their advisors offer more value to a wider variety of clients.