We recently had Ben Decker of Consolidated Planning, Inc. on to debunk some common financial planning myths, but we have even more ground to cover with him today! Be sure to listen to Part 1 if you haven't yet, and then continue on with these 11 myths:

You can find Ben here: https://www.linkedin.com/in/deckerben/

This podcast is for informational purposes only and is not to be construed as tax, legal, or investment advice. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. Michael and Ben are Registered Representatives and Financial Advisors of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representatives of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Huskey Financial Group LLC and CP Planning Group, Inc. are not an affiliate or subsidiary of PAS or Guardian. Ben’s CA Insurance License Number – 4148065. 2021-130276 Exp 11/23

Business owners tend to have four major types of assets on their balance sheets. In most cases, the business tends to represent the largest asset they own, and the majority of their net worth. Real estate, including business and personal, typically represents the second largest asset listed. Next, business owners look to non-qualified savings for liquidity to address emergencies, opportunities or the unknown. 

In this episode, we discuss the option not listed above and somewhat disregarded in terms of tax-efficiency: qualified retirement plans. Ernie Guerrero, Director of Qualified Plans at Consolidated Planning, Inc. discusses with us the logic behind using these assets in an effective manner to save, overfund, and layer additional tax-deferred plans to save hundreds of thousands of dollars each year, while reducing taxable income in a strategic way. 

For any business owner that would like to learn more about effective savings strategies while reducing taxes each year, this is the episode for you!

This podcast is for informational purposes only and is not to be construed as tax, legal, or investment advice. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. Michael and Ernest are Registered Representatives and Financial Advisors of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representatives of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Huskey Financial Group LLC and CP Planning Group, Inc. are not an affiliate or subsidiary of PAS or Guardian. 2021-131529 Exp 12/23

Small business really means a lot to so many people, starting with the business owner, and then the rippling out from that first point of ownership to so many other people. Your community relies on your business, too. You provide for them financially, whether it's the employees, the other partners, their families, even customers and vendors that work with the business. All of them have a concern, a stake in your business succeeding.

Small businesses are the bedrock of our society. It's so important to people consider good, holistic financial planning for their business and their personal world. We discuss many aspects of business and personal planning with Neal Brincefield, financial advisor at Consolidated Planning and Special Advisor to The Living Balance Sheet™.

This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or Huskey Financial Group and opinions stated are their own. Michael is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Huskey Financial Group LLC is not an affiliate or subsidiary of PAS or Guardian. 2021-130476 Exp 12/23

There are a lot of places to research opinions about financial planning. It's up to you to decipher which advice to take, and is using a financial advisor in your best interest? In this episode, Ben Decker and I talk about 11 common myths that we come across in our conversations with prospects and clients. Debunking myths is just one of our favorite past times, so listen in on some helpful commentary on these 11 myths:

1. My 401(k) is all I need for retirement planning

2. I'll be in a lower tax bracket when I retire

3. Financial advisors just invest my money, there's no other value

4. I can do all my financial planning myself

5. Market returns are more important than saving money

6. Debt reduction should take precedence

7. My budget is my financial plan

8. Tax-deferred investments are better than taxable investments

9. Buy term insurance and investing the difference is better than permanent protection

10. My group benefits are all the insurance I need

11. A 15-year mortgage is better than a 30-year mortgage

You can find Ben here: https://www.linkedin.com/in/deckerben/ 

This podcast is for informational purposes only and is not to be construed as tax, legal, or investment advice. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. Michael and Ben are Registered Representatives and Financial Advisors of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representatives of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Huskey Financial Group LLC and CP Planning Group, Inc. are not an affiliate or subsidiary of PAS or Guardian. Ben’s CA Insurance License Number – 4148065. 2021-130276 Exp 11/23

In this episode, we interview Dr. Benjamin Rattray, Associate Medical Director of Neonatal Intensive Care at the Cone Health Women's and Children's Center in North Carolina. He gives us a glimpse in how he compartmentalizes what he sees on a day-to-day basis in the NICU, how he gives parents good and bad news, and leaves the workday at the hospital when he goes home to his family.

It's important that doctors have a creative outlet, or someone to speak to, to unwind their mind of all the things they see in hospitals to avoid depression, harming thoughts, or physician burnout. Enjoying your hobbies, reflecting on what you're grateful for, and being a wonderful Servant Leader are the ways Dr. Rattray believes one can be the best physician and parent one can be. Please pick up a copy of Benjamin's book, When All Becomes New, in the link below!

Dr. Benjamin Rattray's LinkedIn page

Purchase Dr. Rattray's book: When All Becomes New

This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or Huskey Financial Group and opinions stated are their own. Michael is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Huskey Financial Group LLC is not an affiliate or subsidiary of PAS or Guardian. 2021-129285 Exp 11/23

When is the last time you reviewed your business documentation? You know, those buy/sell agreements, commitment contracts for business, and have you considered how much weight they hold for you and your business? Alex Juncu of Juncu Legal talks to us about the uniqueness and specialization of Contract Law and why it's so crucial to have an attorney review your legal documents, contracts, offer letters, etc.

We learn a lot about the HOW of how you run your business, and if you don't control your own terms and conditions in your everyday strategy, you will be subject to someone else's terms and conditions. Put your best foot forward, continue to learn, and be proactive when it comes to your legal considerations.

The Law Offices of Alexandru Juncu website

This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or Huskey Financial Group and opinions stated are their own.  Michael is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 4201 Congress St., Ste. 295, Charlotte, NC 28209; 704.552.8507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Huskey Financial Group LLC is not an affiliate or subsidiary of PAS or Guardian. 2021-130277 Exp 11/23

We learn from Rick Krenmayer about how he got started building an IT Managed Services company with his business partner David Stasaitis to form Stasmayer, Inc while in college. Running a business early on has it challenges, yet have you ever had to run a meeting while a keg party is happening next door in your dorm?

Being deadly consistent at what you do, having great people skills, and being able to read a room can lead you to be considered a trustworthy person and may have more value in some cases over being extremely technical and avoidance behaviors. Money tells you where you've been, and it's one of the best technologies we use as a society, so how do we protect our businesses and money? Rick gives us some great insight about IT and security services.

Stasmayer's Website

This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or Huskey Financial Group and opinions stated are their own.  Michael is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 4201 Congress St., Ste. 295, Charlotte, NC 28209; 704.552.8507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Huskey Financial Group LLC is not an affiliate or subsidiary of PAS or Guardian. 2021-130276 Exp 11/23

As business owners, we wear a lot of different hats. Some of the jobs we do out of necessity, and some of these tasks really make us motivated. For those tasks that are menial and don't add revenue to the business, or we just don't have time to complete, we should outsource. Featuring Kat and Ashleigh of Allora Solutions Group (#outsourcelikeaboss), they give us some things to think about that will make us more productive, that will save us time and money, and give some ideas about delegation and outsourcing crucial business tasks like HR, payroll, compliance, planning, etc.

Allora Solutions Group website

Kat's LinkedIn page

Ashleigh's LinkedIn page

This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or Huskey Financial Group and opinions stated are their own.  Michael is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 4201 Congress St., Ste. 295, Charlotte, NC 28209; 704.552.8507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Huskey Financial Group LLC is not an affiliate or subsidiary of PAS or Guardian. 2021-128587 Exp 11/23

Before working with a financial advisor, it’s wise to set up a consultation so you can talk through all the money management details. Think of this as a two-way interview—not only will the advisor be getting to know you and your financial goals better, but you will also be determining if they’re a good fit to manage your money. Coming prepared with questions such as the ones below will help you determine if a financial advisor is a good choice for your current and future financial needs.

It is no understatement that life is full of surprises. Though some unexpected events can often be welcome and joyful, there are also surprises that are less pleasant—and if these surprises derail your financial goals, they can even be catastrophic for your future. We reveal the 5 main financial risk for which to plan.

Our website

Michael Steven Huskey is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 4201 Congress St., Ste. 295, Charlotte, NC 28209; 704.552.8507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Huskey Financial Group LLC is not an affiliate or subsidiary of PAS or Guardian. 2021-130275 Exp 11/23

As a business owner, making the right choices on behalf of your enterprise is something that becomes like second nature once you do it enough. However, when it comes to facing the choice regarding whether to step away from your business, knowing what the right decision is can become much more difficult.

While you have likely thought about the day you will pivot away from your company and may have even developed an exit plan to execute your strategy, understanding when to set this process in motion can still be a tricky thing. We discuss things to consider when completing an inside transfer or a third-party sale.

Michael Steven Huskey is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 4201 Congress St., Ste. 295, Charlotte, NC 28209; 704.552.8507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Huskey Financial Group LLC is not an affiliate or subsidiary of PAS or Guardian. 2021-12820 Exp 10/23