Leverage is often viewed cautiously, and while it can be a useful financial tool in certain situations, it is not appropriate for all investors and involves meaningful risks.

In this episode of Dime After Dime, Tony Stich speaks with Julie Rich about what leverage means in the context of financial planning for both individual and high-net-worth investors. They discuss several common forms of leverage in this episode!

Leverage, including securities-based lending, margin, and home equity borrowing, involves significant risks and is not appropriate for all investors. Borrowing against investment assets may increase losses, result in margin calls, and require the forced sale of securities at unfavorable times. Interest rates and loan terms may change, increasing borrowing costs over time. Using leverage as a source of liquidity or as an alternative to holding cash reserves may reduce financial flexibility and expose investors to market risk during periods of volatility. Any examples discussed are for illustrative purposes only and do not represent recommendations. Investors should carefully evaluate their financial situation, risk tolerance, and objectives and consult with a qualified financial professional before implementing any leverage strategy.

These approaches involve additional risks, including the potential for market declines and margin calls, and may not provide the same stability or accessibility as traditional cash reserves.

The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected].

For disclosures, visit: https://www.moranwm.com/disclosures

This communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

[Resources]

1:52 - “I looked up on the FINRA website today, there's over $1 trillion worth of margin, which is just one type of leverage we're going to be talking about today in the country.” https://www.finra.org/rules-guidance/key-topics/margin-accounts/margin-statistics

2:14 - “Also UBS, I did some research, and UBS actually states that 42% of investors, high net worth investors that use leverage actually use it not to speculate, but to improve their liquidity situation.” https://www.ubs.com/us/en/wealth-management/insights/market-news/article.3215635.html

Finding the right financial advisor involves more than reviewing past performance, it starts with asking thoughtful questions and understanding how advice is delivered.

In this episode, Tony Stich speaks with Don Drury about factors investors may consider when evaluating a financial professional. The discussion covers differences between brokerage and advisory relationships, including fiduciary versus suitability standards, as well as how compensation structures can influence the services provided.

They also outline questions investors may wish to ask during the selection process, along with considerations such as advisor experience, communication style, and transparency around fees and services. The conversation highlights common industry practices and encourages listeners to take an active role in understanding their financial relationships.

This episode is intended to provide general educational information to help individuals make more informed decisions when evaluating financial professionals. It is not intended as personalized investment advice or a recommendation to hire or retain any specific advisor.

The content on this page and/or video is for educational purposes only and should not be construed as investment advice. All investments involve risk, including the possible loss of principal. This content does not constitute a recommendation to buy or sell any security. Specifically, the content is intended to provide education and tools for individuals evaluating financial professionals and planning decisions. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected].

For disclosures, visit: https://www.moranwm.com/disclosures

This communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Many investors focus primarily on investment returns, but taxes can also play an important role in long-term financial planning. 

In this episode, Anthony Stich speaks with Michael Mongin, CPWA® about planning considerations investors in their 40s and 50s may want to evaluate as they approach retirement. The discussion covers how earlier planning can help investors better understand potential tax implications before major financial decisions are made.

They explore topics such as tax-loss harvesting, asset location, Roth conversions, and required minimum distributions, along with the value of coordinating with financial and tax professionals when making significant financial moves. Mike also shares insights from more than three decades of industry experience and a key lesson he wishes he had learned earlier in his career.

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Moran Wealth Management® does not provide tax or legal advice. Any tax or legal information provided is general in nature and should not be construed as advice. You should consult your tax and legal professionals regarding your specific situation. All investing involves risk, including the possible loss of principal. International and emerging markets investing involves additional risks, including currency fluctuations, political and regulatory risk, and differences in accounting and reporting standards. Any opinions are as of the date of the content and are subject to change without notice.

The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected].

For disclosures, visit: https://www.moranwm.com/disclosures

This communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

When you hear “tariff,” who ultimately bears the economic impact?

Many investors assume global tax policy sits somewhere in the background, removed from their brokerage account. In reality, tax policy can influence cash flow, which may affect company fundamentals and, in turn, investment returns.

For investors building wealth in their 40s, 50s, and beyond, understanding how international tax rules may shape market dynamics can be an important consideration.

In this episode, Charles Chesebrough and Tony Stitch discuss how global tax policy intersects with investments. From tariffs and minimum corporate tax rates to VAT systems in Europe, they explore how policy headlines may relate to portfolio considerations. They also discuss ADRs, reporting standards, and the role diversification can play in managing risk in a changing global environment.

This conversation is intended to provide educational insights to help listeners think more clearly about risk, opportunity, and global allocation.

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Moran Wealth Management® does not provide tax or legal advice. Any tax or legal information provided is general in nature and should not be construed as advice. You should consult your tax and legal professionals regarding your specific situation. All investing involves risk, including the possible loss of principal. International and emerging markets investing involves additional risks, including currency fluctuations, political and regulatory risk, and differences in accounting and reporting standards. Any opinions are as of the date of the content and are subject to change without notice.

The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected].

For disclosures, visit: https://www.moranwm.com/disclosures

This communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Many people head into retirement with a simple picture in mind: the portfolio earns, the income shows up, the bills get paid, and everything moves forward in a straight line.

In this episode, host Anthony Stich and guest Aaron Simpson discuss why retirement income may not always unfold as expected — particularly when markets fluctuate, dividends change, or timing affects withdrawals. They explore how relying heavily on a single income source can introduce additional risk, and why flexibility can play an important role in long-term planning.

If you’re approaching retirement or already there, this conversation offers perspective on how different income strategies may affect stability and peace of mind during uncertain market conditions.

This discussion is for informational purposes only and should not be considered tax advice. Please consult your CPA or tax professional regarding your specific situation.

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The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected].

For disclosures, visit: https://www.moranwm.com/disclosures

This communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Building wealth requires so much work and effort, yet history shows how quickly it can disappear once it changes hands. Families don’t lose money because they don’t care, but because the next generation often receives assets without having any context, preparation, or guidance.

In this episode of Dime After Dime, the conversation centers on wealth stewardship and why it goes beyond basic financial literacy. The team explores how family meetings, early education, structured trusts, and advisor involvement can be practical ways for families to prepare heirs to manage, protect, and grow what they’ve built. Join them for a candid look at inheritance, behavior, expectations, and the responsibility that comes with carrying a legacy forward.

Source: “70% of wealth can be squandered away by the 2nd generation, and 90% by the 3rd.” https://www.nasdaq.com/articles/generational-wealth%3A-why-do-70-of-families-lose-their-wealth-in-the-2nd-generation-2018-10

The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected].

For disclosures, visit: https://www.moranwm.com/disclosures

This communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

For decades, global investing followed a familiar playbook. Open trade, stable supply chains, and a U.S.-centered growth engine made international exposure feel optional for many investors. That backdrop is changing.

In this episode of Dime after Dime, Anthony sits down with Charles Chesebrough Jr., CFA, to talk through what today’s shifting global power dynamics actually mean inside a real portfolio. They explore how rising geopolitical tension, de-globalization, and currency moves are reshaping international investing, why emerging markets still matter despite the risks, and how long-term investors can think about diversification without reacting to every headline.

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The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected].

For disclosures, visit: https://www.moranwm.com/disclosures

This communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Healthcare is becoming one of the fastest-growing costs retirees face, and the numbers surprise almost everyone, so this time, host Anthony Stich sits down with Aaron Simpson, CFP®, CLU®, ChFC®, RICP® and Senior Vice President at Moran Wealth to explore what drives those costs higher, why inflation hits healthcare differently, and how retirees can prepare for expenses that shift dramatically across the go-go, slow-go, and no-go years.

Aaron takes a look at the items that strain a retirement budget, like hearing aids, prescriptions, long-term care, and income-adjusted Medicare premiums. He also explains how tools like HSAs, strategic withdrawals, and early planning help create healthier financial flexibility later in life. If you’re trying to understand how healthcare fits into a long-term plan, this episode brings clarity to a topic that affects every retiree.

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The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected].

For disclosures, visit: https://www.moranwm.com/disclosures

This communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Rebalancing sounds simple until you’re the one facing volatile markets, unexpected tax consequences, and the emotional roller coaster that pushes investors to react at the worst possible moments. In this conversation, our host Anthony Stich sits down with Julie Rich, a seasoned advisor with more than 20 years of experience, to explore why rebalancing is less about timing and more about understanding your allocation, your behavior, and your long-term plan. 

Julie explains how portfolios drift over time, why discipline outperforms instinct, and how taxes, asset placement, and account type shape every rebalancing decision. She shares historical lessons from the dot-com crash, the 2008 financial crisis, and COVID, offering a grounded perspective that helps investors stay focused even when markets feel uncertain.

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Connect with us!

Anthony Stich on LinkedIn

Julie Rich on LinkedIn

The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected].

For disclosures, visit: https://www.moranwm.com/disclosures

This communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Legacy often gets framed in financial terms, but for Tom Moran, AIF®, this conversation starts earlier than any estate document or tax strategy. 

Tom shares how philanthropy became part of his family’s rhythm, why many families choose to introduce giving earlier, and how advisors can help create space for more open conversations about goals and values.

Host Anthony Stich and Tom discuss common charitable planning options like donor-advised funds and charitable trusts, and broader multi-generational planning themes. 

The focus stays on purpose, relationships, and the long-term impact families hope to have. 

You’ll hear perspectives on involving children sooner, how giving can influence the way families relate to money, and what it can look like to shape a legacy that reflects values as well as resources.

*This discussion is for general informational purposes only and is not investment, tax, or legal advice.

The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected].

For disclosures, visit: https://www.moranwm.com/disclosures

This communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.