SYM Financial Advisors Podcast

In this episode of Executive Decisions Podcast, host Sarah Delahanty, a certified financial planner, talks about how her firm, SYM Financial Advisors, helps executives understand and maximize their executive compensation and benefits. She emphasizes the importance of diversifying risks and making sure clients have a game plan for the year, including determining what may be beneficial to exercise relating to stock options, selling or retaining restricted stock units, participating in employee stock purchase plans, and deferred compensation plans. Sarah also explains the complexities around tax implications and how to divide your paycheck to maximize benefits while mitigating company risk. SYM Financial Advisors has deep expertise in this area, working with dozens of different companies globally, and welcomes anyone seeking help with their executive compensation and benefits.

"Being able to understand, what I would call, the dollar Olympics, we only earn so much paycheck." - Sarah Delahanty

This week on Executive Decisions:

• Understanding and maximizing executive compensation and benefits
• The equity component of executive compensation

Our Favorite Quotes:

• "Executives have different benefits relating to long-term incentive compensation, usually tied to company stock." - Sarah Delahanty
• "For an executive, they'll have base pay, they may have a bonus cash bonus compensation." - Sarah Delahanty
• "Being able to understand, what I would call, the dollar Olympics, we only earn so much paycheck." - Sarah Delahanty
• "How do we divide your paycheck up to maximize the different benefits, but also capture any value that comes from equity compensation, that is part of your total compensation." - Sarah Delahanty
• "We really just say, make sure you have eyes on everything." - Sarah Delahanty
• "If we just let the stock component of our portfolio as it relates to that single exposure to our company that we work for get bigger and bigger then all of a sudden that could create an imbalance and a potential or undue risk for us with our overall investment strategy." - Sarah Delahanty

About SYM Financial and Executive Decisions Podcast

Executive Decisions is a show for business leaders. In each episode, host and financial advisor Sarah Delahanty sits down with executives and local experts who serve them. Together, they tackle some of the harder questions that business leaders face today. From inspiring creativity in the workplace, to managing company politics, to making the best choices with executive compensation, taxes, and lifestyle — our show delivers stories and lessons learned across many industries and lifetimes.

Email Sarah at [email protected] with questions, comments, and to schedule a one-on-one conversation.

Follow Sarah on LinkedIn

Follow SYM Financial on Facebook

Subscribe here:

Apple Podcasts

Amazon Music/Audible

Spotify

Stitcher

And, if you enjoy the show, please leave a review to help others discover the podcast.

Disclosure: The information contained in this message (including any attachments) is confidential and may be privileged. It is intended only for the recipient(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution, or copying of this message is strictly prohibited. If you have received this communication in error, please notify SYM Financial Advisors ("SYM") immediately and destroy the material in its entirety. All communications requiring immediate attention or action, such as trade requests or other time-sensitive matters should not be sent to SYM via email. Internet communications cannot be guaranteed to be secure or error-free as information may arrive later than intended, be intercepted, be corrupted, or contain viruses. This material is not an offer or solicitation to buy or sell any product. The opinions expressed herein are those of SYM and are subject to change without notice. To the extent that performance information is contained in this email, past performance is not indicative of future results. SYM is an independent registered investment adviser. More information about SYM including our investment strategies, fees, and objectives can be found in our Form ADV Part 2, which is available upon request.

Inheriting Financial Relationships

In this episode of the EmpowHER Podcast, Michelle Hipskind, a certified financial planner, discusses the phenomenon of women inheriting investment portfolios and being dissatisfied with their financial advisors. She notes that 70% of women who inherit responsibilities for an investment portfolio want to switch to someone they are more comfortable with. Michelle provides five important questions to ask a financial advisor to ensure transparency and to guarantee that the advisor is acting as a fiduciary. She emphasizes that it is important to have a good relationship with your financial advisor, and women have the right to ask questions and change their relationship if they inherit one. Empowered women empower other women, and Michelle encourages women to seek financial education and support to take control of their finances.

"70% of women who inherit responsibilities for an investment portfolio are dissatisfied with the financial advisor." - Michelle Hipskind

This week on The EmpowHER Podcast:

• Women who inherit an investment portfolio.

• Questions to ask when hiring a financial advisor.

• Fiduciary responsibilities and compensation.

• Who is responsible for making investment decisions?

Our Favorite Quotes:

• "70% of women who inherit responsibilities for an investment portfolio are dissatisfied with the financial advisor." - Michelle Hipskind

• "In many cases, they want to develop their own relationships and not be forced to use something that they inherit." - Michelle Hipskind

• "You have every right to have a full understanding of what this relationship is, whether it's the person that came with a portfolio, or whether it's someone you're interviewing to begin a new relationship with." - Michelle Hipskind

• "It's in their best interest financially to sell something or to transact something." - Michelle Hipskind

• "It needs to be somebody who understands your situation, has your best interests at heart, and stays engaged in the investment portfolio ongoing." - Michelle Hipskind

• "You have every right to change your relationship if you inherit one. When you do, ask those questions." - Michelle Hipskind

• "Empowered Women empower other women." - Michelle Hipskind

About SYM Financial and The EmpowHER Podcast:

The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor Michelle Hipskind, CFP ®. Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars and blogs are available for all women who want to be part of the EmpowHER community.

Email Michelle at [email protected] with questions, comments, and to schedule a one-on-one conversation.

Follow Michelle on LinkedIn

Follow SYM Financial on Facebook

Subscribe here:

Apple Podcasts

Spotify

Google Podcasts

Amazon Music / Audible

And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.

Disclosure: The information contained in this message (including any attachments) is confidential and may be privileged. It is intended only for the recipient(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited. If you have received this communication in error, please notify SYM Financial Advisors ("SYM") immediately and destroy the material in its entirety. All communications requiring immediate attention or action, such as trade requests or other time sensitive matters should not be sent to SYM via email. Internet communications cannot be guaranteed to be secure or error-free as information may arrive later than intended, be intercepted, be corrupted, or contain viruses. This material is not an offer or solicitation to buy or sell any product. The opinions expressed herein are those of SYM and are subject to change without notice. To the extent that performance information is contained in this email, past performance is not indicative of future results. SYM is an independent registered investment adviser. More information about SYM including our investment strategies, fees and objectives can be found in our Form ADV Part 2, which is available upon request.

Reid Arnold is the owner of Arnold Mechanical LLC. Reid began his journey in the HVAC industry at the young age of 10 in his family's small heating and air company. He became more involved in the family business and learned more about the trade as he got older until, at age 21, he started a career in law enforcement. In 2021, Reid left the police department and began providing heating, remodeling, electrical, and plumbing services before focusing his work on HVAC and founding Arnold Mechanical.

Reid joins me today to share what it takes to grow a one-man HVAC and home maintenance company. He describes what it was like to leave the family business, get into law enforcement, and later start his own small business. He explains why he decided to niche down to HVAC after years of providing heating, remodeling, electrical, and plumbing services. Reid also reveals how he's grown his small business without advertising and underscores the importance of taking the time to improve your skills and understand your trade.

"Be willing to take the time to familiarize yourself with whatever line of work you do. Put in the time to make yourself better and you'll be unstoppable." - Reid Arnold

This week on The Owner's Corner:

• Reid's background and what it was like to be part of a small, family-owned business
• His thought process behind niching down his business to HVAC services
• What led Reid back to HVAC work after serving in law enforcement
• The first steps Reid took toward making the leap and starting his own business
• Doing what's right and Reid's secrets to growing a business through word of mouth
• Donating time and skills to help people in need
• How Reid learned to manage cash flow and other business matters in his services
• Thinking about protecting your business

Resources Mentioned:

• Neighborlink

Our Favorite Quotes:

• "If you're doing no advertising or the like, getting people's trust is invaluable. Taking the time to explain things to people with honesty goes so far." - Reid Arnold
• "For people starting a business, everybody sees the successes—but sometimes there's more failures than successes." - Seth Whicker
• "You can have the greatest idea in the world, but if you can't have cash flow, it's never going to work." - Seth Whicker

Connect with Reid Arnold:

• Arnold Mechanical LLC on Facebook

About SYM Financial and The Owner's Corner Podcast

The Owner's Corner is a show for business owners. In each episode, host and financial planner Seth Whicker sits down with business owners and the professionals that serve them to talk about what it takes to build a business. Our guests come from many industries and walks of life to share their biggest wins, mistakes made along the way, and their thinking about the all-important exit planning.

Email Seth at [email protected] with questions, comments, and to schedule a one-on-one conversation.

Follow Seth on LinkedIn

Follow SYM Financial on Facebook

Subscribe here:

Apple Podcasts

Spotify

Google Podcasts

TuneIn

Amazon Music / Audible

And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.

Disclosure: The information contained in this message (including any attachments) is confidential and may be privileged. It is intended only for the recipient(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited. If you have received this communication in error, please notify SYM Financial Advisors ("SYM") immediately and destroy the material in its entirety. All communications requiring immediate attention or action, such as trade requests or other time sensitive matters should not be sent to SYM via email. Internet communications cannot be guaranteed to be secure or error-free as information may arrive later than intended, be intercepted, be corrupted, or contain viruses. This material is not an offer or solicitation to buy or sell any product. The opinions expressed herein are those of SYM and are subject to change without notice. To the extent that performance information is contained in this email, past performance is not indicative of future results. SYM is an independent registered investment adviser. More information about SYM including our investment strategies, fees and objectives can be found in our Form ADV Part 2, which is available upon request.

In this episode of the Owner's Corner podcast, host Seth Whicker, a certified financial planner, stresses the importance of having a Buy-Sell agreement for any business owner. He explains that while a robust estate plan covers some aspects, a Buy-Sell agreement outlines how other people may become owners within the company, how shares will be valued and transferred, and what will happen to shares in the event of a shareholder's death or disability. The agreement also ensures the continuation of the business and outlines a plan for the interim period when the founder is no longer there to run the company. Seth recommends reviewing the agreement annually and ensuring continuity between the Buy-Sell agreement and estate plan.

"A Buy-Sell agreement helps dictate how other people can become owners in the company, whether family members, employees, or potential buyers." - Seth Whicker

This week on The Owner's Corner:

• What causes probate to be a nightmare?
• How much of what he does has to do with tax law?
• The difference between a power of attorney and a durable Power of attorney.
• How to choose an attorney.
• The importance of having a power of attorney.
• Using a trust to avoid probate.
• How long-term care can eat up your estate?
• Joint titling accounts for seniors.
• The pros and cons of having a power of attorney.
• Advice for people who don't have their finances in order.

Our Favorite Quotes:

• "A robust estate plan may not cover all aspects of protecting your business interests; a Buy-Sell agreement is equally important." - Seth Whicker
• "Pricing for the transfer of shares within the corporation is spelled out in the Buy Sell agreement, including how voting or non-voting shares are valued." - Seth Whicker
• "A Buy-Sell agreement ensures continuity in the event of a shareholder's death, disability, or sale of the company, preventing a fire sale." - Seth Whicker
• "Buy Sell agreements often include provisions for funding via life insurance in the event of a shareholder's death." - Seth Whicker
• "Regular review of the Buy-Sell agreement is crucial to ensure the valuation measurement has not changed since its implementation." - Seth Whicker
• "Provisions in the Buy Sell agreement for disability of a shareholder should be clearly spelled out to ensure fair treatment." - Seth Whicker
• "Buy Sell agreements provide peace of mind to shareholders, especially for founders who want to leave a legacy for the company." - Seth Whicker
• "It's recommended to have the person drafting the Buy-Sell agreement work in coordination with the estate plan to ensure continuity and meet the owner's needs." - Seth Whicker
• "Don't let anything fall through the cracks; review your Buy Sell agreement at least once a year to ensure it aligns with your business interests." - Seth Whicker

About SYM Financial and The Owner's Corner Podcast

The Owner's Corner is a show for business owners. In each episode, host and financial planner Seth Whicker sits down with business owners and the professionals that serve them to talk about what it takes to build a business. Our guests come from many industries and walks of life to share their biggest wins, mistakes made along the way, and their thinking about the all-important exit planning.

Email Seth at [email protected] with questions, comments, and to schedule a one-on-one conversation.

Follow Seth on LinkedIn

Follow SYM Financial on Facebook

Subscribe here:

Apple Podcasts

Spotify

Google Podcasts

TuneIn

Amazon Music / Audible

And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.

Disclosure: The information contained in this message (including any attachments) is confidential and may be privileged. It is intended only for the recipient(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited. If you have received this communication in error, please notify SYM Financial Advisors ("SYM") immediately and destroy the material in its entirety. All communications requiring immediate attention or action, such as trade requests or other time sensitive matters should not be sent to SYM via email. Internet communications cannot be guaranteed to be secure or error-free as information may arrive later than intended, be intercepted, be corrupted, or contain viruses. This material is not an offer or solicitation to buy or sell any product. The opinions expressed herein are those of SYM and are subject to change without notice. To the extent that performance information is contained in this email, past performance is not indicative of future results. SYM is an independent registered investment adviser. More information about SYM including our investment strategies, fees and objectives can be found in our Form ADV Part 2, which is available upon request.

Navigating the Nightmare of Probate: Understanding Tax Law and Estate Planning with Heidi Adair

Heidi Adair is a partner at Beers Mallers whose legal practice is focused in the areas of Estate Planning and Elder Law. She is certified as an Estate Planning & Administration Specialist by the Indiana State Bar Estate Planning and Administration Specialty Certification Board. Heidi regularly advises clients regarding the protection of assets through the use of advanced Estate Planning and Elder Law planning. She has counseled numerous families regarding wills, Revocable Living Trusts, and the funding of those trusts, Medicaid, and nursing home expense planning, Guardianships, Powers of Attorney, Living Wills, and the probate administration process. She is also an accredited attorney for the preparation, presentation, and prosecution of claims of Veterans Affairs Benefits before the Department of Veterans Affairs (VA). In her free time, Heidi enjoys reading, camping trips to national parks, and visiting with her grown children.

In this conversation, Heidi shares insights on estate planning, tax law, and probate. She explains the importance of having a durable power of attorney and how to choose the right attorney. She also highlights the difference between a power of attorney and a trust, and how trusts can be used to avoid probate and protect children's inheritances. Heidi emphasizes the need to plan for long-term care, joint title accounts, and diversify funds in different baskets. She also offers tips on basic will planning and how Indiana changed its probate rules. Finally, she advises people to avoid tax problems with their parent's estate and be careful when naming a trust.

"It's just important to get into a relationship of trust with somebody so that as life twists and turns, there's people ready to walk alongside you." - Heidi Adair

This week on The EmpowHER Podcast:

• What causes probate to be a nightmare?
• How much of what he does has to do with tax law?
• The difference between a power of attorney and a durable Power of attorney.
• How to choose an attorney.
• The importance of having a power of attorney.
• Using a trust to avoid probate.
• How long-term care can eat up your estate?
• The pros and cons of having a power of attorney.
• Advice for people who don't have their finances in order.

Our Favorite Quotes:

• "I am still surprised how many people on a routine basis that have their families, their households all squared away, but don't have estate planning documents in place." - Michelle Hipskind
• "What is a power of attorney? So a power of attorney is a document that says who can handle, it's usually broken into two different types of activities, who can handle healthcare decisions for you, if you can't handle them for yourself, and who can handle your financial decisions if you can't handle them for yourself." - Heidi Adair
• "You need to pick somebody who's good, honorable, trustworthy, sure. And then just one person, I think it's best to have a backup." - Heidi Adair
• "So maybe we can help people get over a couple of hurdles and remove a couple of obstacles that allow people to put it off." - Michelle Hipskind

Connect with Heidi Adair:

• Beers Mallers Website
• Connect on LinkedIn
• Email: [email protected]

About SYM Financial and The EmpowHER Podcast

The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor Michelle Hipskind, CFP ®. Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars and blogs are available for all women who want to be part of the EmpowHER community.

Email Michell at [email protected] with questions, comments, and to schedule a one-on-one conversation.

Follow Michelle on LinkedIn

Follow SYM Financial on Facebook

Subscribe here:

Apple Podcasts

Spotify

Google Podcasts

Amazon Music / Audible

And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.

Disclosure: The information contained in this message (including any attachments) is confidential and may be privileged. It is intended only for the recipient(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited. If you have received this communication in error, please notify SYM Financial Advisors ("SYM") immediately and destroy the material in its entirety. All communications requiring immediate attention or action, such as trade requests or other time sensitive matters should not be sent to SYM via email. Internet communications cannot be guaranteed to be secure or error-free as information may arrive later than intended, be intercepted, be corrupted, or contain viruses. This material is not an offer or solicitation to buy or sell any product. The opinions expressed herein are those of SYM and are subject to change without notice. To the extent that performance information is contained in this email, past performance is not indicative of future results. SYM is an independent registered investment adviser. More information about SYM including our investment strategies, fees and objectives can be found in our Form ADV Part 2, which is available upon request.

David Floyd is an "actively retired" medical technology executive, now serving as a board member and advisor in healthcare and life sciences. During his 33-year career as a medical technology executive, David has served as a President and CEO, board member, advisor, and consultant for organizations like OrthoWorx, Abbott Spine, and AxioMed Spine Corporation. He has a background in finance, marketing, and technology, and has helped develop transformational strategies and initiatives that have delivered accelerated top-line growth and robust operating results. Currently, David focuses on advising several private equity firms as well as a hedge fund on medical technology and life science investments, and serves as a board member of three companies, including Healthcare Outcomes Performance Co. and Merit Medical Systems, Inc., and as well as serves as an external advisor at Bain & Company,.

Today, David joins me to discuss what he's learned during his many years in business and how mentorship helped guide his decisions along the way. He describes how he began his career in the medical device industry straight out of college and how the many positions he's held have allowed him to advance his career quickly. He tells us about how his retirement is going so far and why he prefers the term "active retirement." We discuss how his support systems at home and with his mentors allowed him to take risks in his career. He provides insight on building great teams, being a leader, and his predictions on how businesses will have to adapt to a post-COVID world. David also reveals how his love for dogs helps him achieve a balance between his personal and professional lives and how dogs led him to some of his most important philanthropic work with the charity, K9s For Warriors.

"Forcing yourself to develop a skill set that's both mental and physical is a really good challenge to sort of keep those learning instincts sharp." - David Floyd

This week on Executive Decisions:

• The most important lessons David learned in 33 years in business
• Why David prefers the term "actively retired"
• What David learned from taking risks
• How a strong support system helped David advance his career quickly
• How mentorship has helped David learn to make decisions
• How David balanced profitability with doing what's right
• How to build great teams
• The traits that every great leader needs to succeed
• The art and skill of hiring quality candidates for leadership roles
• The challenges of business in the post-COVID era
• The importance of work/life balance
• The value of the love of a dog
• The significance of a clear mission and written goals
• David's insights into achieving life goals and gaining clarity of purpose

Resources Mentioned:

• K9s For Warriors

Our Favorite Quotes:

• "Younger professionals might be more about the title and the prestige or the money, but sometimes it's really not about that role. It's about what you are building for the future and the next role." - Sarah Delahanty
• "Mentoring keeps me focused and engaged because I know what's on people's minds—what their real problems are on a daily basis." - David Floyd
• "A lot of good has come from many of these large corporations that have advanced things in quality of life." - Sarah Delahanty

Connect with David Floyd:

• David Floyd on LinkedIn

About SYM Financial and Executive Decisions Podcast

Executive Decisions is a show for business leaders. In each episode, host and financial advisor Sarah Delahanty sits down with executives and local experts who serve them. Together, they tackle some of the harder questions that business leaders face today. From inspiring creativity in the workplace, to managing company politics, to making the best choices with executive compensation, taxes, and lifestyle — our show delivers stories and lessons learned across many industries and lifetimes.

Email Sarah at [email protected] with questions, comments, and to schedule a one-on-one conversation.

Follow Sarah on LinkedIn

Follow SYM Financial on Facebook

Subscribe here:

Apple Podcasts

Amazon Music/Audible

Spotify

Stitcher

And, if you enjoy the show, please leave a review to help others discover the podcast.

Disclosure: The information contained in this message (including any attachments) is confidential and may be privileged. It is intended only for the recipient(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited. If you have received this communication in error, please notify SYM Financial Advisors ("SYM") immediately and destroy the material in its entirety. All communications requiring immediate attention or action, such as trade requests or other time sensitive matters should not be sent to SYM via email. Internet communications cannot be guaranteed to be secure or error-free as information may arrive later than intended, be intercepted, be corrupted, or contain viruses. This material is not an offer or solicitation to buy or sell any product. The opinions expressed herein are those of SYM and are subject to change without notice. To the extent that performance information is contained in this email, past performance is not indicative of future results. SYM is an independent registered investment adviser. More information about SYM including our investment strategies, fees and objectives can be found in our Form ADV Part 2, which is available upon request.

Jill Young is the Head Coach and Expert EOS Implementer at EOS Worldwide. Having been an EOS implementer since 2014, Jill has implemented the Entrepreneurial Operating System with over 80 companies and has held over 900 EOS consultations with entrepreneurs. She formerly managed the growth and health of Williams & Company CPAs as its President. She is the author of The Advantage book series, which includes The Courage Advantage, The Learning Advantage, and The Thinking Advantage. She holds a Bachelor's degree in Psychology from Weber State University and a Master of Business Administration degree from the University of Phoenix.

Jill joins me today to discuss the core principles of the Entrepreneurial Operating System and why business owners should consider implementing them. She explains the importance and difficulty of enacting change in leadership teams. She outlines how implementing EOS tools can help employees connect with an organization's vision and build discipline and accountability. She describes what it looks like when an employee is aligned with a company's core values and is assigned to the right role. Jill also underscores why it's a gift to the entire company when an organization takes the time to hire around their core values and highlights why willingness to grow is critical to successfully implementing EOS.

"At the core of a company that attracts great talent is a leadership team tightly aligned with vision, discipline, and accountability." - Jill Young

This week on The Owner's Corner:

• Jill's background and career path to EOS Worldwide
• What Entrepreneurial Operating Systems are
• Jill's experience reading Gino Wickman's Traction
• The disadvantage of being too nice and why leadership teams need to be truthful
• The People Analyzer and evaluating an individual's core value fitness
• The "Delegate and Elevate" tool and finding the right person for the right seat
• The power of hiring around your company's core values
• Fear, courage, and the founder behavior
• What it takes to implement EOS successfully
• The accountability aspect of EOS

Resources Mentioned:

• Book: Traction: Get a Grip on Your Business by Gino Wickman
• Book: The Five Dysfunctions of a Team: A Leadership Fable by Patrick Lencioni
• The People Analyzer

Our Favorite Quotes:

• "Find the right people to supplement what you're not good at and design your leadership teams to be complementary to each other." - Seth Whicker
• "You'll find that when you hire around your company's core values, employee turnovers drop down to nothing." - Seth Whicker
• "The Entrepreneurial Operating System is a way to manage all the human energy within your company—it's a set of tools you can use in your company at specific times throughout the year." - Jill Young

Connect with Jill Young:

• Jill Young Website
• EOS Worldwide
• Book: The Courage Advantage: 3 Mindsets Your Team Needs to Cultivate Fierce Discipline, Incredible Fun, and a Culture of Experimentation
• Book: The Earning Advantage: 8 Tools You Need to Get Paid the Money You Want
• Book: The Thinking Advantage: 4 Essential Steps Your Team Needs to Cultivate Collaboration, Leverage Creative Problem-Solving, and Enjoy Exponential Growth
• EOS Worldwide on LinkedIn
• EOS Worldwide on Instagram
• EOS Worldwide on Facebook
• EOS Worldwide on Twitter
• EOS Worldwide on YouTube
• Jill Young on LinkedIn
• Jill Young on Twitter
• Email: [email protected]

About SYM Financial and The Owner's Corner Podcast

The Owner's Corner is a show for business owners. In each episode, host and financial planner Seth Whicker sits down with business owners and the professionals that serve them to talk about what it takes to build a business. Our guests come from many industries and walks of life to share their biggest wins, mistakes made along the way, and their thinking about the all-important exit planning.

Email Seth at [email protected] with questions, comments, and to schedule a one-on-one conversation.

Follow Seth on LinkedIn

Follow SYM Financial on Facebook

Subscribe here:

Apple Podcasts

Spotify

Google Podcasts

TuneIn

Amazon Music / Audible

And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.

Disclosure: The information contained in this message (including any attachments) is confidential and may be privileged. It is intended only for the recipient(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited. If you have received this communication in error, please notify SYM Financial Advisors ("SYM") immediately and destroy the material in its entirety. All communications requiring immediate attention or action, such as trade requests or other time sensitive matters should not be sent to SYM via email. Internet communications cannot be guaranteed to be secure or error-free as information may arrive later than intended, be intercepted, be corrupted, or contain viruses. This material is not an offer or solicitation to buy or sell any product. The opinions expressed herein are those of SYM and are subject to change without notice. To the extent that performance information is contained in this email, past performance is not indicative of future results. SYM is an independent registered investment adviser. More information about SYM including our investment strategies, fees and objectives can be found in our Form ADV Part 2, which is available upon request.

Rich Haddad is the former COO of SYM Financial Advisors and the current President and CEO at K21, overseeing all aspects of the foundation's operations. With his expertise in financial reporting, he ensures the prudent management of the foundation's funds and maintains healthy investment relationships. Apart from his professional duties, Rich is actively engaged with local community leaders and organizations to identify the best opportunities for grant-making and community participation that align with K21's mission. He graduated from Grace College with a Business and Accounting degree and also holds a Master of Science degree in Non-Profit Management. Rich lives in Warsaw, Indiana with his wife, Kathy, and together they enjoy living near the lake, various water sports, golf, and running. Rich is the proud father of two children and a doting grandfather to two grandchildren.

Today, Rich joins me to explain how to be a mentor and a leader in your community. He shares his career journey and tells us what he's been up to since leaving SYM in 2000. We discuss the value of self-discovery and how Rich learned to reflect on his own life to become a better employee, boss, leader, and father. He outlines how to be an effective mentor and why he's chosen to focus on other people to find fulfillment. Rich emphasizes the importance of problem-solving and addressing conflicts head-on. We also discuss some of the most pressing problems Rich sees in his community and how he can help to solve these issues through the K12 Health Foundation.

"I don't have to be at a church or some sort of ministry to make a difference in people's lives—I can do that anywhere" - Rich Haddad

This week on Executive Decisions:

• What Rich has been up to since his time at SYM Financial
• How Rich's love of community helped him in his career
• How self-discovery guided Rich throughout his career
• Rich's recipe for success
• How getting married and having kids helped Rich learn how to make better decisions
• Why relationship building is a priority for Rich
• Why focusing on others is more fulfilling than focusing on your own needs
• What it takes to be a mentor
• How Rich helps people find the right work roles to capitalize on their strengths
• The difference between analytical decision-making and emotional intelligence and why they're both needed when dealing with people
• The value of conflict resolution
• The challenges kids face in their community today
• How K12 Health Foundation allocates resources to support the community
• The people Rich thinks can make the most difference

Our Favorite Quotes:

• "I think sometimes when priorities shift, or when priorities aren't aligned with the family or professional health or whatever, then all of a sudden, you know, we come up empty." - Sarah Delahanty
• "The key to leadership and opportunities and success is really understanding how you're skilled and created." - Rich Haddad
• "A global pandemic surely made a crossroads where people's mental and physical health and so many things kind of crossed over in many, many ways, which brought to light some significant gaps we have never addressed." - Sarah Delahanty

Connect with Rich Haddad:

• K12 Health Foundation Website
• Rich Haddad on LinkedIn

About SYM Financial and Executive Decisions Podcast

Executive Decisions is a show for business leaders. In each episode, host and financial advisor Sarah Delahanty sits down with executives and local experts who serve them. Together, they tackle some of the harder questions that business leaders face today. From inspiring creativity in the workplace, to managing company politics, to making the best choices with executive compensation, taxes, and lifestyle — our show delivers stories and lessons learned across many industries and lifetimes.

Email Sarah at [email protected] with questions, comments, and to schedule a one-on-one conversation.

Follow Sarah on LinkedIn

Follow SYM Financial on Facebook

Subscribe here:

Apple Podcasts

Amazon Music/Audible

Spotify

Stitcher

And, if you enjoy the show, please leave a review to help others discover the podcast.

Disclosure: The information contained in this message (including any attachments) is confidential and may be privileged. It is intended only for the recipient(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited. If you have received this communication in error, please notify SYM Financial Advisors ("SYM") immediately and destroy the material in its entirety. All communications requiring immediate attention or action, such as trade requests or other time sensitive matters should not be sent to SYM via email. Internet communications cannot be guaranteed to be secure or error-free as information may arrive later than intended, be intercepted, be corrupted, or contain viruses. This material is not an offer or solicitation to buy or sell any product. The opinions expressed herein are those of SYM and are subject to change without notice. To the extent that performance information is contained in this email, past performance is not indicative of future results. SYM is an independent registered investment adviser. More information about SYM including our investment strategies, fees and objectives can be found in our Form ADV Part 2, which is available upon request.

Denny and Kim Fuller are the former owners of Little Crow Foods, a food company established in 1903. Denny and Kim became the fourth-generation owners of Little Crow Foods after acquiring it in 1983 and managed its operations until the company's exit from the food industry in 2012. They have been volunteering their time and entrepreneurial skills to the Humanity and Hope United Foundation following the sale of Little Crow Foods. Founded by Denny and Kim's son, Riley Fuller, the Humanity and Hope United Foundation is a nonprofit organization dedicated to creating sustainable change in underserved communities in Honduras.

Denny and Kim join me today to share the lessons they've learned from managing Little Crow Foods for over 29 years. They discuss what it was like for Denny to transition from working in a large company to running a small, family-owned business like Little Crow Foods. They explain how they prepared to sell Little Crow Foods and what their life was like after exiting the business. They also highlight the importance of succession and exit planning and describe how the Humanity and Hope United Foundation has made an impact in the Honduran communities they serve.

"Hope is the fuel for sustainable change." - Denny Fuller

This week on The Owner's Corner:

• Denny and Kim's background and work with Little Crow Foods
• Lessons Denny learned from transitioning from a large to a smaller company
• A brief history of Little Crow Foods
• External challenges Denny and Kim had to overcome in the grocery industry
• Creating the first pancake mixes
• The sale of Little Crow Foods in 2012
• The challenges and lessons Denny and Kim found in buying and running a family-owned business
• Defining boundaries and running a family-owned business as a couple
• Their volunteer work for Humanity and Hope United Foundation
• The impact of Humanity and Hope United Foundation's work in Honduras
• The challenge of raising funds for a non-profit
• How they transferred their entrepreneurship skills from Little Crow Foods to non-profit work
• The beginning of the Humanity and Hope United Foundation

Our Favorite Quotes:

• "When you're in the food industry you get a lot of challenges—from marketing to regulations." - Seth Whicker
• "Always have a plan in place. You hope you never have to use it, but if you do you'll know you've got one in place to protect you—especially when your wealth is wrapped around your business." - Seth Whicker
• "We had the rule that we wouldn't talk about business when we're at home. When we were at home, we were at home, and I'm glad we had that rule." - Kim Fuller

Connect with Humanity and Hope United:

• Humanity and Hope United
• Humanity and Hope United on LinkedIn

About SYM Financial and The Owner's Corner Podcast

The Owner's Corner is a show for business owners. In each episode, host and financial planner Seth Whicker sits down with business owners and the professionals that serve them to talk about what it takes to build a business. Our guests come from many industries and walks of life to share their biggest wins, mistakes made along the way, and their thinking about the all-important exit planning.

Email Seth at [email protected] with questions, comments, and to schedule a one-on-one conversation.

Follow Seth on LinkedIn

Follow SYM Financial on Facebook

Subscribe here:

Apple Podcasts

Spotify

Google Podcasts

TuneIn

Amazon Music / Audible

And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.

Disclosure: The information contained in this message (including any attachments) is confidential and may be privileged. It is intended only for the recipient(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited. If you have received this communication in error, please notify SYM Financial Advisors ("SYM") immediately and destroy the material in its entirety. All communications requiring immediate attention or action, such as trade requests or other time sensitive matters should not be sent to SYM via email. Internet communications cannot be guaranteed to be secure or error-free as information may arrive later than intended, be intercepted, be corrupted, or contain viruses. This material is not an offer or solicitation to buy or sell any product. The opinions expressed herein are those of SYM and are subject to change without notice. To the extent that performance information is contained in this email, past performance is not indicative of future results. SYM is an independent registered investment adviser. More information about SYM including our investment strategies, fees and objectives can be found in our Form ADV Part 2, which is available upon request.