John M. Jennings is a prominent figure in the realm of wealth management as the President and Chief Strategist of St. Louis Trust & Family Office, a national wealth management firm with clients in 30 states. With over $10 billion in investment assets and $12 billion in total wealth under his leadership and guidance, John heads a team of financial experts who provide a high level of personalized service and a full range of family office services. His extensive background in investments, tax, estate planning, and trusts, combined with his educational experience in finance and law, positions him as a trusted advisor to client families. He is also a dedicated member of his community through his involvement in non-profit organizations and his teaching role at Washington University.

Listen to this informative Your Life. Your Legacy. episode with John Jennings as he shares his strategies and tools in helping the 63 families he works with, as well as his insights on the responsible way to maintain wealth with purpose and avoid jeopardizing future generations. He touches on being charitable and giving back and offers his perspective on investing amidst the financial uncertainties. He also mentions his passion for sharing interesting facts through blogging and writing.

Here is what to expect on this week’s show:

●    Estate planning is a matter of personal preference and balancing simplicity with tax optimization, as some families prioritize keeping things straightforward. In contrast, others are willing to take on complexity to save every last dollar, as early planning can make estate taxes largely optional.

●    Achieving true wealth involves balancing your wants and needs with your current income and wealth, creating a meaningful legacy, and using money with purpose - any extra is just considered a "gravy" or a bonus.

●    To increase happiness and life satisfaction, using wealth to buy experiences and spending time with others rather than isolating oneself is key, as studies show a positive correlation between having more money and being happier.

●    Create a legacy of giving through values-based philanthropy, where you make a significant impact in a specific area and pass it down to future generations by living your values and leading by example.

●    The Uncertainty Solution, How to Invest with Confidence in the Face of the Unknown: The key to becoming a great investor is not in knowing everything about the financial markets but in developing mental models, as championed by Charlie Munger, to make better decisions in life and lead to potentially more wealth in the future.

Connect with John:

Links Mentioned:

The Uncertainty Solution: How to Invest with Confidence in the Face of the Unknown: https://www.amazon.com/Uncertainty-Solution-Invest-Confidence-Face/dp/B0BDXZNZQF

The Haimish Line by David Brooks: https://www.nytimes.com/2011/08/30/opinion/brooks-the-haimish-line.html

Guest Contact Info:

Twitter: https://twitter.com/bigdogtwo

LinkedIn: https://www.linkedin.com/in/john-jennings-433a054/

The IFOD: https://www.theifod.com/

Website: https://johnmjennings.com/

St. Louis Trust and Family Office: https://www.stlouistrust.com/

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