AFO|Wealth Management Forward

In this episode, Rory speaks with Anthony Venette, a CPA and accredited business valuation professional, about the significant Supreme Court case, Moore v. United States. Discover how this pivotal case challenges the foundation of the current tax code and has the potential to reshape future taxation. Learn about the three primary business valuation methods discussed: the income approach, the market approach, and the asset approach, for determining fair market value. Anthony provides insight into the specifics of minority discounts, explaining the discount for lack of control and the discount for lack of marketability, which are crucial for valuing minority interests in businesses. Do you want to find out ways in which you can use the elevated gift tax exemption before before the it sunsets in 2025. Curious to learn more about strategies being used by privately held business owners? Find out the answers to these questions and more with business valuation and estate planning optimization expert Anthony Venette!

In this episode, Rory speaks with Oliver Schnusenberg, a professor at the University of North Florida, about the emerging field of neurofinance. Discover how insights from neuroscience are being applied to analyze our financial decision-making. For example, learn why spotting a Louis Vuitton bag might trigger a desire to splurge, and how reflecting on personal values can help us resist such spending impulses. Learn about the latest research on the connection between brain physiology and financial behaviors. Find out why Oliver believes it is crucial to develop affordable technologies such as functional MRIs to visualize and understand the brain's responses to financial stressors and decisions. Want to see how lessons from The Karate Kid might apply to mastering personal finance? Curious about using the 'Boomerang Effect' to enhance your communication skills? Join us for this exploration of neuroscience, finance, and human behavior with Oliver Schnusenberg, Ph.D.

In this episode, Rory engages with Scott Rick, Associate Professor of Marketing at the University of Michigan's Ross School of Business, exploring tightwads and spendthrifts and their relationships to spending and saving. Scott shares his findings on how individuals' spending habits and attitudes toward money can influence relationship dynamics. Learn about the concept of "shopping momentum" and the "what the hell" effect, and how these behaviors affect financial decisions. Discover the importance of financial translucency in maintaining a healthy partnership and the strategies couples can employ to manage their finances effectively. Are you curious about how tightwads and spendthrifts can coexist in harmony? Do you want to understand the psychological underpinnings of your spending habits? Tune in to this episode with Scott Rick as we dive into the world of Tightwads and Spendthrifts: Navigating the Money Minefield in Relationships.

In this episode, Rory speaks with Josh Malancuk, President of J.M. Tax Advocates, about property tax management and appeals. Discover the challenges in assessing properties with unique features, such as a food processing facility, and how these can vary by state. Learn about the intricacies of the tax appeal process, including the importance of deadlines and strategic approaches to avoid overpaying. Find out why having a specialist with knowledge in valuation and tax could be the best way for you to see substantial savings for your business. Learn about the difficulties assessors have when their is a limited market, like a Tesla factory in a small town. Are you intrigued by the complexities of property tax assessments business properties? Do you wonder about the strategies to effectively go about the appeals process? Find out the answers to these questions and more in this episode with property tax expert Josh Malancuk.

In this episode, Rory talks with Nathan Astle, Founder of the Financial Therapy Clinical Institute, about the importance of healthy communication for couples regarding money. Discover ways to establish emotional safety and trust with your partner to foster a healthier and happier relationship. Nathan shares insights on the importance of creating a culture of financial openness, as well as the pitfalls of financial infidelity. Learn how understanding personal and shared financial responsibilities plays a vital role in how we show up in a relationship. Find out best practices for helping clients uncover their money stories and the yours, mine, and ours strategy for couples. Do you want to know the various ways partners exhibit financial infidelity? Are you looking for ways to better communicate with your partner about money? Find out the answers to these questions and more on this Financial Therapy for Couples episode with Certified Financial Therapist Nate Astle.

In this episode, Rory talks with David Wolfskehl, CEO and Co-Founder of C-Suite Impact, about the importance of a people-first approach in business. Discover how David's entrepreneurial journey and partnership with Phil Whitman catalyzed the formation of C-Suite Impact and how they are helping firms through growth, performance and succession. Learn about the transformative shift in the M&A landscape and the increased involvement of strategic players like family offices and private equity firms. Listen as they explore the significance of nurturing relationships and building a conducive environment for team members to thrive using a people-first philosophy. Are you curious about how a people-first mindset can revolutionize your business approach? Do you want to understand the dynamic changes in the M&A space and how they can impact your firm? Dive into this episode to find the answers to these questions and more in this People First Ecosystem episode with David Wolfskhel.

In this episode, Rory welcomes Kenny Harper, strategist and co-founder of Growth Amplifiers, to discuss ways in which firms can drive business growth through a holistic sales and marketing process. Kenny shares his journey from working with leading global brands to partnering with small business owners and their teams. Listen as they talk about how to align marketing efforts with core values to help accelerate growth. Discover Kenny's unique approach to transforming businesses by enhancing their marketing and sales efforts through what he calls "Value Journey Optimization." Learn the best practices to attract and retain customers by turning them into loyal advocates for your brand. Are you curious about how to optimize your marketing campaigns for peak performance or how to turn client relationships into a powerful growth engine? Do you want to know the best way to document your client journey process? Find out the answer to these questions and more with actionable advice to amplify your business with Kenny Harper!

In this episode, Rory speaks with Whit Lanier, CEO of Amplify Reviews, about how advisors are leveraging the power of online reviews to grow their practice. Discover Whit's journey from building and selling his medical review tech company and the lessons he learned that have helped him develop the current platform. Uncover best practices for effectively leveraging testimonials and understand how Amplify Reviews is reshaping the way financial advisors utilize client feedback in a way that is compliant with the new SEC marketing rule. Are you curious about enhancing your practice's visibility and credibility through online reviews? Do you want to grasp the best practices for requesting and managing client reviews in a compliant manner? Find out the answers to these questions and more in this insightful episode with Whit Lanier.

In this episode, Rory and Julie speak with Dr. Mary Bell Carlson, President of the Financial Keynote Behavior Group, to talk about taking evidence-based research and putting it into practical application. Discover how Dr. Carlson bridges the gap between academia and real-world financial planning through financial behavior insights. Listen as Dr. Carlson talks about her experience working in Washington and how she went about counseling individuals holding top-secret security clearances at the Pentagon and CIA. Find out how to create a safe space for clients using a framework of acceptance, relating, and connecting. Listen as Dr. Carlson discusses ways in which we can attract more people of diverse backgrounds into the profession and ways we can improve the attrition that is leading people to leave. Do you want to know how to set up in-person or virtual meetings to reduce a client's stress level? Do you want to know why Dr. Mary Bell asks clients, "What does money smell like to you"? Find out the answer to these questions and more on this Financial Behavior episode with Dr. Mary Bell Carlson.

In our latest episode, Rory engages with Robert Kirk, founder and CEO of IntergenData, to discuss the revolutionary impact of AI and machine learning on financial services. Discover how Robert and IntergenData are using AI to predict significant life events, empowering financial advisors to provide guidance on clients' healthcare, insurance, and financial planning needs. Learn about ways in which they are using AI to gain insight into people’s predisposition to certain diseases like cancer and Alzheimer's. Robert highlights the data behind peak earnings ages and the impact a person’s marital status on longevity, showcasing the depth of analysis possible when using billions of data points. Find out ways to transform your advisor-client relationships by providing personalized and timely advice to help clients plan for their future. Do you want to know how AI is reshaping the landscape of financial services? Are you interested in learning what choices can lead to longer lifespans? Find out the answers to these questions and more with financial services veteran Robert Kirk.