Wealthyist

This episode of Wealthiest , hosted by Alec Durand and Brian Lamborn, attorneys at Annex Wealth Management, focuses on the importance of "spring cleaning" for corporate records, particularly for small business owners. They emphasize the need to maintain and update corporate paperwork to ensure legal compliance, protect personal assets, and enhance business efficiency. Key points include: Importanc...

In this episode of Wealthyist , host Brandon Lehman, director of Annex Private Client, interviews Charlie Dixon, president of Schwanke-Kasten Jewelers in Milwaukee, to discuss the luxury watch industry, its evolution, and trends. The conversation covers the following key points: Introduction to Watches : Lehman shares his personal connection to watches, mentioning his Garmin Tactics Delta, a milit...

In this episode of Wealthyist podcast, host Brandon Lehman, director of Annex Private Client, discusses estate planning with a focus on inherited gold and jewelry. He is joined by Charlie Dixon, president of Schwanke Cash and Jewelers. Key points include: Rising Gold Prices: With gold at $3,400 per ounce (up over $1,000 from last year), estates with gold jewelry or items are increasingly valuable,...

In this episode of "Wealthyist," host Brian Lamborn, Senior Wealth Strategist at Annex Wealth Management, continues his discussion with Ryan Klund from the National Christian Foundation (NCF) about charitable giving, focusing on donor-advised funds (DAFs) and their role in wealth planning.  The conversation contrasts DAFs with private foundations, particularly for successful business owners who va...

In this episode of "Wealthyist," host Brian Lamborne interviews Ryan Klund from the National Christian Foundation (NCF). The two met at an Exit Planning Institute event and discovered overlapping interests between Annex Wealth Management, where Brian works, and NCF. Ryan introduces NCF as the largest Christian donor-advised fund, designed to assist Christians serious about generosity with creative...

This episode of Wealthyist , hosted by Brandon Lehman of Annex Wealth Management,is  based on his recent observations from eight weeks of work-related travel. Central Question: "What’s Next After Retirement?" Lehman notes a recurring question from successful executives nearing retirement: “What do I do next?” Many have thrived in corporate life, amassed wealth, and are ready to leave the 9-to-5, b...

The podcast "Wealthyist," hosted by Brandon Lehman, Director of Annex Private Client, addresses the common question posed at mergers and acquisitions conferences: "How do I even get started?" with regard to transitioning out of a business while ensuring a prosperous life post-exit. Lehman explores various exit strategies beyond the humorous option of death, such as selling to the next generation,...

In this episode of "Wealthyist", hosted by Brandon Lehman, Director of Annex Private Client at Annex Wealth Management, the focus is on the importance of diversification for business owners. Lehman emphasizes that many business owners invest all their time, energy, and resources into building their businesses, often neglecting to diversify their assets. This lack of diversification can leave them...

In this episode of "Wealthyist,"  Liam McKinney, Wealth Strategist at Annex Wealth Management, featuring Brian Jacobson, the Chief Economist at Annex Wealth Management. The episode focuses on private equity, its appeal to wealthy investors, and its role in portfolio diversification. The podcast begins by highlighting the growth of private equity, noting that in 2024, U.S. private equity deal value...

In the podcast "Wealthyist," hosted by Brian Lamborn, guest Rose Gray from Fox World Travel discusses the evolving travel preferences of the wealthy. Traditionally, wealthy travelers sought luxury, exclusivity, and unique experiences, often influenced by a "keeping up with the Joneses" mentality. However, Rose notes a shift toward seeking novel, immersive destinations like Morocco, India, and Peru...

The podcast features Liam McKinney, a strategist, and Brian Jacobson, Chief Economist, discussing the growing trend of private credit among wealthy investors . They note a nearly 25% increase in asset growth for forty act funds in 2024 compared to the previous year, highlighting the rising interest in this space. Private credit, part of the alternative asset class , involves non-publicly traded de...

Introduction: The episode begins with the notion that many people believe the wealthier you are, the more likely you have your life organized, a perception possibly exaggerated by social media. Main Discussion Points: Misconceptions about Wealth: The hosts challenge the idea that wealth equates to having life together, noting that wealth often brings complexity and more variables to manage. Statis...

Nightmare Scenarios in Business and Wealth Management: Losing Control of Assets: Lehman compares the panic of losing a weapon in the military to the fear of losing control over one's business or assets due to lack of planning. Succession Planning Failures: Multiple Owners: If a business has multiple owners or potential inheritors (like a farm with several children, only one of whom works it), poor...

In this episode of "The Wealthiest" podcast, Brandon Lehman and guest Brian Lamborne, a tax law expert, discuss the intricacies of business succession planning, emphasizing the importance of starting this process from the inception of a business. They cover critical aspects like the alignment of business owners, the choice between stock and asset sales, and the significant role of professional adv...

This episode of "The Wealthiest" podcast, hosted by Brandon Lehman from Annex Wealth Management, continues the discussion on year-end financial planning for wealthy individuals. Here's a summary of the key points covered: Main Topics: Tax Loss Harvesting: Lehman stresses the importance of this strategy to offset capital gains with losses. He notes it's something that should be done throughout the...

This episode of Wealthyist focuses on end-of-year financial planning for wealthy individuals. Here's a summary: Key Points Discussed: Year-End Reflection and Planning: As the year closes, it's crucial to reflect on past financial activities and prepare for the next year. This involves enjoying the holiday season but also taking time for strategic financial planning. Documents to Review: Annual Sta...

The podcast episode focuses on estate planning in the post-election landscape, emphasizing the need for continued strategic planning despite uncertainties in tax law changes. Here's a summary of the discussion: Post-Election Estate Planning: The conversation begins by addressing the common fear that people might slow down on estate planning after the election due to the belief that significant leg...

Wealthiest Podcast - Clothier Tim Cornell In this episode of the Wealthiest Podcast, host Brandon Lehman, Director of Annex Private Client at Annex Wealth Management, discusses the evolution of professional attire in the context of wealth and status, with insights from Tim Cornell, a professional clothier from Tom James. Key Points: Post-Pandemic Fashion Shift : The conversation begins with the ob...

Wealthiest Podcast - Tax Strategy and Wealth Management In this episode, Brandon Lehman, Director at Annex Private Client of Annex Wealth Management, delves into the topic of taxes within the context of wealth management, emphasizing how taxes can be viewed as an opportunity rather than just an obligation. Key Points: Taxes as Opportunity : Leamon starts by reframing the concept of taxes. Instead...

In this episode of the Wealthyist Podcast, host Brandon Lehman, Director at Annex Private Client, explores the intricacies of C-suite compensation, emphasizing its importance not only for senior executives but for anyone aiming for financial wealth and success. Introduction to C-Suite Compensation : Lehman explains that C-suite compensation goes beyond regular salary and bonuses, including element...