The Wealth Consigliere

This time of year we can slow down and examine the many things that we are grateful for in our life. I’m very grateful for the acceptance and support regarding my MS diagnosis. No need to revisit that, but if you need to learn more read my blog on the subject.  This week I’ll share who and what I’m grateful for since it is easier for me to write to this group than talk to them in person. I need to work on that, but after 57 years I’m not optimistic about changing anytime soon. Sorry Friends   I have great friends from my school and my job. Even though we might not talk daily, we can pick up easily where we left off. My friends’ spouses are great too. They love my wife and in many cases have led the generous efforts supporting my family. Boys will be boys so I’m very grateful for their love and support too. If any of us are doubting the power of diversity then my experience should blow that out of the water! I’m grateful. Family I always complained about a...

The impeachment hearings have dominated our news feeds. How will you feel if the decision doesn’t go your way?  Our blog this week will examine how we feel after we make a big decision like resigning our job or hiring a new wealth manager. Our experience and observations can help but unfortunately they leave us wanting more. Ephemeral Making a change feels good until it doesn’t. Unfortunately our new job has many of the same problems that existed at our old job. I tell my colleagues when they resign that “the grass is brown everywhere”. The same buyers remorse is true for clients when they choose a new wealth advisory firm. Once the new firm smell has disappated. The way we can address this issue is to remind the person why they made the change.  Don’t assume everything is fine. Check-in and assure the person why they made the change and that you and your firm are happy they joined. Experience has shown that if we don’t support their decision their joy will be eph...

Our in-boxes and social media feeds have been filled with the new streaming offerings from Disney and Apple et al.  If we haven’t already, we might be compelled to cut our cable. Our monthly podcast recommendations will hopefully cause you to also turn off your radio and stream one of our recommended podcasts. Morning I started my career on Wall Street. Our edge was research discussed on our morning call. I still need morning information and I turn to Robinhood Snacks . Informative and funny. Education  I scratch my desire to learn by listening to   Pivot . The hosts are a tech journalist and a NYU professor. Real Life I know we are adults, but I always learn something from Mr. Rogers.   Finding Fred will remind you why we need to love more. The car companies are on board too. Linking your phone via Bluetooth is a required option.