The RazReport

"I'm actually very surprised the structure and amounts of financial advisor bonuses have never been outed broadly in the mainstream in the last 10-20 years." Henry Yoshida"When you look at the marketplace here, there's about $14 trillion in IRAs, $33 trillion overall in retirement accounts in the US." Henry YoshidaWhy are financial advisors more likely to quit on a Friday before a 3-day holiday week? How much do finanical advisors at the top tier wirehouses actually make? How are their bonuses calculated? With decades of financial advisor experience under his belt, Henry Yoshida outs the secrets of the world of financial advisors on The RazReport. How they plan their moves from one wirehouse to another, how they manage and grow their customer base, and how they monetize their network. "Just so you know, when you start at McDonalds and you're 16, you don't even start on the burgers, you start by cleaning the kitchen. You don't actually cook any food. That's a promotion." Henry Yoshida"People introduce me as a FinTech entrepreneur. I think of myself probably much longer as a financial advisor" Henry YoshidaTune in to listen to the world of financial advisors, lucrative profit margins and the war of AUMs (assests under management).Episode Summary:On this episode of The Raz Report, Jason Raznick speaks with Henry Yoshida, Co-Founder and CEO of Rocket Dollar. Before Rocket Dollar, Henry was the founder of venture capital-backed robo-advisor fintech platform, Honest Dollar which was later acquired by Goldman Sachs.Yoshida started out his career as as an intern under Bill Clinton one term after the "most famous intern in history." Eager to learn to the rules of money making and after his family had a bad experience with a financial advisor, Yoshida started working for BoA Merrill Lynch as a financial advisor with a focus on 401k and retirement funds.After a decade of experience and surviving 2 financial crises, he he quit BoA Merrill Lynch and started his own investment firm, MyGroup which was then acquired by CAPTRUST.Now at Rocket Dollar, Yoshida manages ~$0.5 billion in retirement funds with a 20 people team and helps everyone access savings to follow their dreams.Hosts:Jason RaznickTwitter: https://twitter.com/jasonraznickSign Up to Benzinga Pro today to receive most exclusive interviews, news and stock picks fast!https://pro.benzinga.com/Click here for more episodes of The RazReport.Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Support this podcast at — https://redcircle.com/the-raz-report/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Watch The Benzinga Global Small Cap Conference live hereEpisode Summary:On this episode of The Raz Report, Jason Raznick speaks with Vivek Garipalli, CEO of Clover Healthon his career path that eventually led his company to go public via Chamath Palihapitiya's IPOC SPAC.From early on Garipalli describes his most hated job as "one where I have an employer". With the "itch to build something" Garipalli drops out of college and sets out on a journey that leads him to learn to appreciate failed businesses and the business of medicine. So much so that at age 27, he buys a bankrupt hospital with "youthful naivity" as the only bidder and sets off on turning it around.Born to doctor parents, Garipalli realizes from an early age the disastrous consequences saddling physicians with administrative duties can bring."Healthcare is a business in which the path to profitability conflicts with consumer interest" says Garipalli. This is why we decided to arm physicians with free data that enables them to make better clinical decisions that cut costs in the long run.Throughout his long career that even had him cold calling companies at times, Garipalli has learned that if a a business does not offer a clear solution to a problem it will not succeed no matter how much financial backing it has. He now approaches all problems in this manner: How can we offer a clearly defined and measurable solution?He describes Clover Health Investments (NASDAQ: CLOV) as a long time horizon where the main mission is to drive clinical value within the Medicare space. "Obviously we believe we will be very successful" says Garipalli but also adds "Failure: It's not as bad as people make it out to be.You pick yourself up and you kind of figure things out from there."Hosts:Jason RaznickTwitter: https://twitter.com/jasonraznickSign Up to Benzinga Pro today to receive most exclusive interviews, news and stock picks fast!https://pro.benzinga.com/Click here for more episodes of The RazReport.Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Support this podcast at — https://redcircle.com/the-raz-report/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

"Do you want to sell sugar water for the rest of your life.. or come with me and change the world?" -Steve Jobs to @johnsculley former CEO of Apple $AAPL & Pepsi $PEP"What I learned with Steve Jobs was to look ahead" John Sculley former CEO of Apple $AAPL & Pepsi $PEP"I am interested in people who can explain what they want to do very clearly." John Sculley former CEO of Apple $AAPL & Pepsi $PEP on deciding which company to invest in"I look for companies who are looking to invent a new industry." John Sculley former CEO of Apple $AAPL & Pepsi $PEP on deciding which company to invest inSubscribe to all Benzinga Podcasts herehttps://www.benzinga.com/podcastsReady for 2 FULL DAYS of FREE trading education, hot stock picks, and exclusive CEO interviews? Join us on August 13-14 and discover the latest stock and options picks in #realestate #travel and #hospitality. Enroll for free at https://events.benzinga.com/Get 20% off Benzinga PRO https://benzinga.grsm.io/youtube20Thousands of traders just like you are getting a 90% win rate using Benzinga Options. Get the formula that Benzinga's head options trader Nic Chahine uses to earn a full-time living. Click here to see his trades.Episode Summary:On The RazReport, Jason talks to John Sculley former CEO of Apple $AAPL & Pepsi $PEP on how he choose which companies to invest in.Hosts:Jason RaznickTwitter: https://twitter.com/jasonraznickSign Up to Benzinga Pro today to receive most exclusive interviews, news and stock picks fast!https://pro.benzinga.com/For more episodes of The RazReport:https://www.benzinga.com/money/podcast-show/razreport-stories-of-inspiration/Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Support this podcast at — https://redcircle.com/the-raz-report/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

"Nothing world changing was ever done in a 40 hr work week"  "Tesla moves at the speed of thought and so do the Chinese" "Cameras should replace mirrors in cars""Tesla is 5-8 years ahead of the rest of the market" Episode SummaryOn The RazReport, Jason talks to Sandy- the inventor Elon consulted with on the SpaceX Design Meeting about his life, his magic behind the golf carts, his Ford years and what he thinks about Tesla.How Sandy revolutionized golf cartsHow he reduced 30% of the parts on Ford Taurus - Ford's best selling car everThe trip he made in the blizzard in a Tesla to SpaceX to meet with ElonThe 3Ds Robotics should replace in human work forceand much more.Host:Jason Raznick- Founder, CEO of BenzingaResources:https://leandesign.com/ Sandy with Elon:https://www.youtube.com/watch?v=YAtLTLiqNwgSign Up to Benzinga Pro today to receive most exclusive interviews, news and stock picks fast!https://pro.benzinga.com/Free 2 week trial, no credit card requiredUse coupon code YOUTUBE20 to get 20% offFor more episodes of The RazReport:https://www.benzinga.com/money/podcast-show/razreport-stories-of-inspiration/Support this podcast at — https://redcircle.com/the-raz-report/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

On this Benzinga Cannabis Capital Conference Special for The RazReport, Benzinga CEO Jason Raznick announces the Benzinga Cannabis Alliance with Jason Raznick, Ian Burnstein, Hugh Pobur, Chad Bonstein, Scott Foster and Kyle Kelly.For More Information:https://www.benzinga.com/cannabis/Watch Replay at:https://www.benzinga.com/events/cannabis/virtual/purple-track/Kyle KellyChief Executive Officer & Managing Partner@Synchrony HRScott FosterSenior Vice President - Risk Management@NFPChad BronsteinFounder, CEO, & Board Member@FylloHugh PoburMerchant - Credit Card Processing Sales@Superior Financial Systems & Alumni Merchant ServicesIan BurnsteinCEO & Founder@Storage Business Owners AllianceJason RaznickCEO & Founder@BenzingaSupport this podcast at — https://redcircle.com/the-raz-report/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

How Does Shark Tank's Mr.Wonderful divide his work day?His 20&5 Rule That has kept hsi investment portfolio profitableHow he sets and executes his daily prioritiesWhy he was fired from his first jobHow much of his investment is in Bitcoin and Ethereum?How does he feel about the Cannabis Industry?How he thinks Biden performed in first 100 days in the office?How much the minimum wage should be and much more...📈pro.benzinga.com👉What Is Benzinga Pro? 👉https://www.youtube.com/watch?v=HfE5b6NxUis&t=0s✅Free 2 week trial, no credit card required✅🙌Use coupon code YOUTUBE20 to get 20% off🙌Support this podcast at — https://redcircle.com/the-raz-report/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this episode of the #RazReport​​, Shark Tank's Kevin O'Leary joins Jason Raznick to discuss:- His bullish thesis on psychedelics ($MMEDF)- Why he's a bitcoin convert- The biggest investing lessons he's learnedFeatured Guest:https://twitter.com/kevinolearytv?s=20​ST. PATRICK'S DAY SALEGet 35% off Benzinga Pro Essential Annual Plan➡️https://pro.benzinga.com/checkout/?pa...​Host:Jason RaznickTwitter: https://twitter.com/JasonRaznickSupport this podcast at — https://redcircle.com/the-raz-report/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Cathie Wood, CEO of ARK Invest, exclusively joins Benzinga CEO Jason Raznick on his podcast, The RazReport, to discuss her background and how Cathie Wood came to be among the most influential investors on Wall Street.ARKK | ARK Innovation ETFARKG | Autonomous Technology & Robotics ETFARKW | Next Generation Internet ETFARKG | Genomic Revolution ETFARKF | Fintech Innovation ETFYour Host: Jason Raznick, Founder & CEO of Benzingahttps://twitter.com/JasonRaznick​​Benzinga Twitter: https://twitter.com/Benzinga​​Special Guest: Cathie Wood, Founder & CEO of ARK InvestTwitter: https://twitter.com/cathiedwood​Twitter: https://twitter.com/arkinvest​Support this podcast at — https://redcircle.com/the-raz-report/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Don't miss out as Gene Munster, managing partner and co-founder of Loup Ventures joins Benzinga CEO Jason Raznick to discuss his background as a tech analyst, why he went into venture capital, some Apple stock & Tesla stock talk, and more.Your Host: Jason Raznick, Founder & CEO of Benzinga https://twitter.com/JasonRaznick​​Benzinga Twitter: https://twitter.com/Benzinga​​Special Guest: Gene Munster, Managing Partner, Loup VenturesTwitter: https://twitter.com/munster_gene​Twitter: https://twitter.com/loupventures​Gene Munster is a managing partner and co-founder at Loup Ventures. Prior to Loup Ventures, Gene was a managing director and senior research analyst at Piper Jaffray where he covered technology companies including Apple, Amazon, Google and Facebook. During his 21-year tenure, Gene received many acknowledgements including: Top Stock Picker from Forbes, Best on the Street from The Wall Street Journal, and was widely recognized for his work on Apple. Gene holds a bachelor's degree in finance and entrepreneurship from the University of St. Thomas.Support this podcast at — https://redcircle.com/the-raz-report/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Welcome to the #RAZReport​“Creators, Doers & Innovators" Get Your All-Access Pass.The RazReport is at the intersection of markets, entrepreneurship & overcoming the odds to be successful. You can expect to see interviews that will make you a better person, investor & think bigger than you are thinking now.Who is Casey Hurbis?- Casey Hurbis is the Chief Marketing Officer of Quicken Loans. He oversees both online and traditional marketing initiatives while driving new, innovative strategies to captivate the audience of the nation’s largest and most trusted mortgage lender. To achieve these goals, Casey leads a marketing group of more than 300 team members known as Detroit’s premier in-house agency.TWITTER: https://twitter.com/caseyhurbis​Your Host: Jason Raznick CEO of Benzinga https://twitter.com/JasonRaznick​Support this podcast at — https://redcircle.com/the-raz-report/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy