Wealth Actually

As businesses and business owners struggle the impact of COVID-19 on operations going forward, I thought it would be useful to revisit the issue of asset protection for wealthy families. Liability is around every corner and the best laid plans can be wrecked with a car accident, an employee suit, or the discovery of asbestos in an investment property. Joining me is IKE DEVJI to discuss some of the...

With the tensions brought on by the confinement, new roles and financial pressures of the Coronavirus, I thought it would be good to take a new look at one of the greatest threats to wealth . . . Divorce. High-end family law attorney, EVAN SCHEIN , and I got to sit down and talk about what is happening in the world of divorce. Evan is an expert in the field as Partner and Head of the Litigation De...

https://mehlmancastagnetti.com/wp-content/uploads/After-COVID-Mehlman-Q2-2020.pdf The political consulting firm, Mehlman Castagnetti, put together an interesting presentation on what a post-COVID world is going to look like. HAVEN and I synthesized some of the highlights and broke down what we saw as important. The link is above and it’s useful to have in front of you as we deliver our comme...

The COVID-19 phenomenon has created worldwide economic upheaval and problems for many business owners. One area where the coronavirus has created opportunity is in the field of estate planning. I was able to speak with AARON FLINN about the opportunities that exist right now. We will go into some of the tools in his toolkit (including the use of preferred jurisdictions like Tennessee) to help succ...

What if the 2020 election was delayed or cancelled? Haven and I take on this scary, and not-out-of-the-question, possibility . . . The mechanics of a delay or a cancellation are complicated. Here are three good articles for context on the topic from: Anthony Fisher, from Business Insider (“We need a backup plan to ensure all Americans can vote in November’s presidential election. Our d...

In this episode we dive into the world of real estate development and the use of LED conversions to save money and drive returns.   Joining us is Judd Stensrud. Judd is the founder and CEO of LUMEN GLOBAL .  The firm uses energy efficiency to help drive real estate returns.   Judd has an undergraduate degree from Duke University in economics and an MBA from the University of Chicago.   However...

Leanna Haakons  is a financial marketing expert, entrepreneur and author of bestseller,  Young, Fun & Financially Free . In addition, Leanna is the EIC of  TheWellthyMindset.com , and says Millennials those in their (20’s-40’s) don’t need to panic now because they should be thinking about their long term financial goals with plenty of time for their investments to bounce b...

The country is in the midst of a debate between confinement and distancing in the name public health and the reopening of the country to re-establish the health and stability of the American economy. To that end, Haven Pell ( PUNDIFICATOR ) and I thought it would be interesting to discuss the ramifications of the choices American businesses are making right now. These are choices related to messag...

We are all trying to make sense of the difficult environment created by the Covid-19 pandemic. Uncertainty, economic difficulty, loss of routine, new roles and uncomfortable environments have us all on out heels. I thought it would be educational to speak with an expert who is on the front lines helping people deal with life’s “normal” problems and the new set of issues that our...

In the latest episode of the Wealth Actually podcast, we get to sit down with Scott Johnston the author of Campusland. This is Scott’s second appearance on WA, but the first where Scott discusses his book. It made it to #15 on the New York Times best seller list and #1 in the humorous books section. In the first part of the podcast, we talked about the incident at his alma mater that got him...

First off, we’re sending best wishes to our listeners. Hopefully, everyone is getting by with the onset of the coronavirus. We have a long way to go to get back to some semblance of normalcy, so take care of yourselves. As always, Haven Pell’s writings can be found here: PUNDIFICATOR . In this podcast, Haven and I take on the coronavirus’ various impacts on society. We got a tast...

Housekeeping: Podcasts drop on Thursday usually in time for your commute- you can subscribe on most of your favorite outlets. HAVEN PELL’s blog can be found here: PUNDIFICATOR (Ep.47 was recorded in early December before the primary season and the onset of the Corona Virus and the market tumult . . .) SUSAN PAGE in the USA TODAY from Early December on the Divided America- https://www.usatoda...

Housekeeping: Podcasts should land generally land on Thursdays. You can subscribe to the podcasts on major podcast networks. HAVEN PELL’S Blog can be found here: PUNDIFICATOR On this week’s podcast, we have some back and forth on the emerging prevalence of public relations and its increasing importance in corporate strategy. Discussion outline below . . . The Dangers of the “Spin...

The Impact of Fanboys, Haters and Cancelling on Social Media and Internet Culture- Haven and I hit these topics . . . . Fanboys and Haters in Wealth Management and Financial Twitter Hater Culture in Politics Creating Adversaries as a Marketing Strategy (Us vs. the World) Do Presidents make Markets or Economies (The Head Coach Analogy) The “New News Cycle” and what it does to the market...

A quick reminder to subscribe on iTunes, Google Play and Android! Podcasts normally drop on Thursday mornings before the EST commute. Haven’s blog can be found here: PUNDIFICATOR Nothing on the blog or podcast is investment advice The Democratic Party is in full swing with Bernie Sanders making an early run in Iowa, New Hampshire and Nevada. However questions about his ideas and electability...

Haven and I reached back into the archives (December) as we discuss GLOBALIZATION: (To reiterate we are NOT providing investment advice, just a discussion of international relations issues that we find interesting) We heavily reference the below presentation from Ken Mehlman’s group. It is worth opening up in a new tab. https://mehlmancastagnetti.com/wp-content/uploads/De-Global-2019.pdf 1)...

This week we have a special interview with Peter Goodrich on the tax ramifications of working with crypto-currencies. We packed a lot of information and debate in this quickly evolving field. PETER GOODRICH is a Manager in the Tax Department of Prager Metis CPAs , a member of Prager Metis International LLC .  He specializes in tax planning, consulting, and structuring with domestic and intern...

Another reminder that the “Wealth, Actually” podcasts come out on Thursday morning before the EST commute. You can subscribe on most major podcast platforms . . . and now on with the show! Remember Todd Marinovich? He was on the cover of Sports Illustrated as the archetype for early specialization and “guaranteed success” in sports . . . his story started out nicely, but en...

HOUSEKEEPING: Podcasts are scheduled to post every Thursday morning just before the EST commute . . . and now for this week’s podcast. Occasionally, you get to look at someone’s vision for the future and it fires one’s intellectual synapses. In this case, we came across a post at the beginning of the year that fit the bill. It comes from New York venture capitalist, FRED WILSON ....

It didn’t take long for Haven and I to reach back across the pond for a topic to chew on . . . and this week we wrangle over the mess of the potential “departure” of Prince Harry and his wife Meghan (and son, Archie) from the official royal duties of the British Monarchy. NY TIMES: The Crisis . . . . after the Crisis https://www.nytimes.com/2020/01/15/world/europe/harry-meghan-me...

Haven ( https://pundificator.com/ ) and I ( frazerrice.com ) took on 2019/2020- here is a quick summary Spring Forward, Look Back . . . FRAZER’S WINNERS: Amazon- the category 5 hurricane in American Consumerism- AMZN continues to charge forward. Kylie Jenner- She sold 51% of her company for $600mm to Coty- this could be the apex of influencer branding. FRAZER’S LOSERS The Federal...

Welcome back to the “Wealth, Actually” podcast and Happy New Year! As we start 2020, Haven ( “The Pundificator” ) and I are taking on “Impeachment”. With Nancy Pelosi’s withholding of the Articles of Impeachment from the Senate and the resultant delay in the Senate trial, Americans have had a couple of weeks to focus on the holiday season and away from thi...

Haven and Frazer discuss Brexit and its Implications First, some quick housekeeping: “Wealth, Actually” is setting the schedule to post content every Thursday. Interviews with entrepreneurs, experts, and tastemakers AND Haven Pell and I will take on noteworthy and timely topics. SUBSCRIBE today on most major podcast venues. Tell friends, leave comments and get in touch! Second, HAVEN P...

In a new regular feature on the “Wealth, Actually” Podcast, Haven Pell and I will take on a topic.  (For our first one, we discuss the concept of “College” in modern American Society) With some fun questioning and debate, we’ll try to make some sense of a subject that has some controversy, broad policy implications and a little bit of hypocrisy to unwind. &#...

In this edition of “Wealth, Actually”, I was able to speak with Leslie and Mark Begert of the newly launched, Fabulingua.   The company helps to accelerate the learning of second languages through a unique blend of technology, storytelling and gamification.   The program is initially focussing on English and Spanish, but the Begerts have big plans for the company in the future.   To...