Long Story Short
Burney Wealth Management
Long Story Short is a weekly financial planning and investing podcast from Burney Wealth Management.
Each week, your hosts Andy Pratt, CFA, CAIA and Adam Newman, CFA, CFP®, discuss the biggest questions they’re hearing from clients. They’ll occasionally bring in team members and interesting guests to discuss specialized topics like estate planning, business succession, and retirement income strategies.
Founded in 1974, The Burney Company is a fee-only investment advisory firm that manages $3 billion in assets. Learn more about comprehensive financial planning at burneywealth.com.
Each week, your hosts Andy Pratt, CFA, CAIA and Adam Newman, CFA, CFP®, discuss the biggest questions they’re hearing from clients. They’ll occasionally bring in team members and interesting guests to discuss specialized topics like estate planning, business succession, and retirement income strategies.
Founded in 1974, The Burney Company is a fee-only investment advisory firm that manages $3 billion in assets. Learn more about comprehensive financial planning at burneywealth.com.
Episodes
Mentioned books
Jul 11, 2025 • 29min
One Big Beautiful Bill Act: What High Net Worth Families Need to Know | Ep 4
A massive new tax law, longer than War and Peace, shakes up financial planning for high net worth families. Key topics include the permanent extension of 2017 tax cuts, increased SALT deduction limits, and new rules for charitable giving. Taxpayers over 65 can benefit from an additional $6,000 deduction, while estate and gift tax exemptions have also risen. The discussion emphasizes the growing importance of annual tax planning to navigate these extensive changes.
Jul 3, 2025 • 37min
Tax Bills, Market Breadth & When to Actually Worry About Your Portfolio | Ep 3
Discover the intriguing ins and outs of the latest tax bill and its potential impacts on estate tax exemptions. Dive into the perplexing world of government debt and how geopolitical tensions, particularly in the Middle East, influence market behaviors. Learn about the crucial concept of market breadth and why it matters in your investment strategy. Plus, uncover how stress can impair decision-making and when you should realistically adjust your portfolio risk. It's a captivating mix of finance and psychology!
Jun 27, 2025 • 30min
Making Sense of Market Headlines: Geopolitics, Tariffs, and Long-Term Investing | Ep 2
Explore how to navigate the noise of market headlines and geopolitical events. Discover why historical data shows that markets often remain resilient despite turmoil. Learn the psychology behind investing and how pessimism can sometimes sound more rational, but optimism leads to better outcomes. Understand the significance of tariff impacts, how corrections are more common than you think, and why timing the market is nearly impossible. Get practical insights that will help you think clearly about long-term investing.
Jun 27, 2025 • 24min
From Beta Firm to Nearly $3 Billion: 40 Years of Investment Wisdom with Lowell Pratt | Ep 1
Join Lowell Pratt, President of Burney Company and investment industry veteran, as he shares his incredible 40-year journey from IT support to leadership. Discover how Burney became a beta firm for Advent Software and the military culture that shaped its values. Lowell talks about the importance of performance, lessons learned from mentors Jack Burney and Ted Rosenberg, and the evolving role of AI in advisory firms. He emphasizes that client peace of mind remains the top priority amidst the industry's rapid changes.
