SYM Financial Advisors Podcast

Holly Miller is the CEO of United Way of Midland County in Midland, Michigan. She is an integral part of the community and is in leadership positions for many teams and collaborative groups. Her work with the Rotary Contemporary View Club, Midland Business Alliance, Health and Services Council, and Midland Area Wellbeing Coalition helps improve lives and bring people together. She is a graduate of Lansing Community College at Kendall and Kendall School of Design where she earned a bachelor's degree in Graphic Design. Holly lives in Midland with her husband and enjoys spending time with her two children and four grandchildren.

Today, Holly recounts her journey to becoming a community leader and how a health scare helped her reorganize her priorities. She discusses how her mindset about community work has allowed her to work in the face of criticism and how that's helped her keep her team motivated. She tells us some stories about the historic flooding in 2020 and how she helped her community during the local upheaval and a global pandemic. Holly also shares her vision for the future of her community and reveals how aspiring community leaders can get involved.

"It's in the struggle or the change or the unknown that you really learn more about yourself." - Holly Miller

This week on Executive Decisions:

• How Holly got her start as a community leader
• How a health scare helped Holly realize her true passion
• The people who inspired Holly to challenge herself
• How Holly ignores the naysayers
• The role of integrity in nonprofit work
• How United Way brings volunteers together after a crisis
• United Way gives a voice to the voiceless
• How Holly views leadership
• How the pandemic and devastating floods influenced programming and collaboration
• How to make every dollar help the most people
• What Holly is most excited about for the future of her community
• Debunking myths about people in need
• Where Holly draws her strength as a leader
• How Holly balances her work life and personal life
• Holly's advice for aspiring community leaders

Resources Mentioned:

• Book: Braving the Wilderness: The Quest for True Belonging and the Courage to Stand Alone by Brené Brown
• Book: Dare To Lead: Brave Work. Tough Conversations. Whole Hearts. by Brené Brown
• Book: The Motive: Why So Many Leaders Abdicate Their Most Important Responsibilities by Patrick M. Lencioni

Our Favorite Quotes:

• "As a leader, it can be a little tough to try to collaborate and positively move all these resources in a very emotional time for the community." - Sarah Delahanty
• "I am continuously impressed with the ability of people to just lean into change, raise their hand and say, how can I help?." - Holly Miller
• "If you've ever had to ask for help, whether it's through an organization or a family member or a friend, it's a humbling experience." - Sarah Delahanty

Connect with Holly Miller:

• Holly Miller on LinkedIn
• United Way of Midland County on LinkedIn
• United Way of Midland County Website
• Email: [email protected]

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.

Stock season is upon us, but what does that mean? It's the time of year when many executives receive compensation in the form of stock options, incentive stock, restricted stock, or performance stock. Here at SYM Financial, we work with some of the best executives and we have a quick word of advice we want to share in preparing for stock season. You've spent the previous year making decisions for your company's bottom line, and you're seeing the results of your leadership. Just like you make sound financial decisions for your company, you want to use your stock options as wisely as possible.

In this episode, I discuss how your team at SYM can customize a plan for you. I share how your SYM advisor can help you get the most value from your stock options. I review what your SYM advisor can do to help you during the first and second quarters of the year and how they can help you look even further into the future. I let you know how your advisor can ensure you're transacting in the most tax-efficient way, complying with holding requirements, and avoiding tax complications. I also remind you how easy it is to contact your SYM advisor.

"There's value to having a game plan and an SYM advisor is going to not only assist with the strategy, but also help with the big picture of holding requirements." - Sarah Delahanty

This week on Executive Decisions:

• Stock season is here and what that means for executives who receive stock options
• How far ahead to look with your investments
• How your SYM advisor can help you get the most value from your stock options
• How your SYM advisor can help you with tax complications
• How to ensure you transact in the most tax-efficient way
• Reaching out to your SYM advisor

Our Favorite Quotes:

• "It's very valuable to look out over the horizon for the next 12 to 18 months and analyze the stock trajectory and set some targets to help capture the most value from these programs" - Sarah Delahanty
• "As an executive, you can expect from your SYM team to get a custom recommendation for how to exercise your stock options for the year, and a game plan to liquidate any restricted or performance shares that you might receive as a result of some of the programs that are coming." - 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.

Melissa J. Bradberry, CPA, is a Director at Baden Gage & Schroeder LLC, one of the largest certified public accounting and business consulting firms in Indiana. With over 18 years of professional tax experience, Melissa has extensive industry knowledge with clients involved in medical industries, manufacturing and service industries, and financial institutions. Melissa joined the firm in 2018 as a tax manager, a role where she was responsible for individual and business clients. She received her Bachelor of Science degree in Accounting and Master of Business Administration degree from Arkansas State University.

Melissa joins me today to share advice for dentists, physicians, and other medical professionals who have their own practice. She explains why medical practice owners must understand their year-end performance in comparison to the last five years. She discusses the different types of entities that could be set up in a medical practice. Melissa also highlights why owners should enlist the help of advisors when exiting their business and suggests other professionals practice owners should work with alongside their accountants.

"Remember: you're the business owner, not just the physician, not just the dentist. It's important to understand what your revenue is doing and where your expenses are going." - Melissa Bradbury

This week on The Owner's Corner:

• Melissa's background and why she pursued a career as a CPA
• Different types of business entities set up in the medical field
• Reasonable compensations and balancing salary and profit
• Effective budgeting processes and managing day-to-day cash flow as a medical practice owner
• Important financial statements medical practice owners need to pay attention to
• The challenges of finding and retaining human capital
• Weighing the pros and cons of having an in-house billing department rather than an external one
• Tax reduction strategies and retirement planning
• The best retirement plan in place for medical practices
• Preparing your medical practice for the next generation of professionals
• Melissa's advice on planning the successful transition of a medical practice
• Utilizing the services of attorneys, bookkeepers, financial advisors, and practice managers
• The right time to sell a medical practice

Our Favorite Quotes:

• "When you're selling a business, the money you spend to get a proper valuation done is always money well spent." - Seth Whicker
• "The pandemic had a lot of medical professionals look at things differently, like having a cushion of funds and emergency funds." - Seth Whicker
• "Your revenue is your lifeline—you have to always monitor it." - Melissa Bradberry

Connect with Melissa Bradberry:

• Baden Gage & Schroeder LLC
• Baden Gage & Schroeder LLC on LinkedIn
• 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.

In this week's episode of the Owner's Corner Podcast, host Seth Wicker is joined by Melissa Bradberry, aCertified Public Accountant, to discuss the different methods of selling a business. The two dive into the differences between a stock sale and an asset sale and why it matters for both the buyer and the seller. From tax implications to legalities, the duo covers the importance of understanding the terms and the key negotiations that can be made to bridge the gap between a stock sale and an asset sale. With insights into special tax elections and the potential tax burden on either side, this episode is a must-listen for anyone considering selling their business.

On this episode I am joined by Melissa J. Bradberry, CPA, a Director at Baden Gage & Schroeder LLC, one of the largest certified public accounting and business consulting firms in Indiana. With over 18 years of professional tax experience, Melissa has extensive industry knowledge with clients involved in medical industries, manufacturing and service industries, and financial institutions. Melissa joined the firm in 2018 as a tax manager, a role where she was responsible for individual and business clients. She received her Bachelor of Science degree in Accounting and Master of Business Administration degree from Arkansas State University.

"It's pretty simple. If you're the seller and you want to do a stock sale but the buyer wants to do an asset sale, come somewhere in the middle with some special tax negotiation or election to bridge that gap." Seth Whicker

This week on The Owner's Corner:

• There are two main methods to sell a business, stock sale and asset sale.
• The choice between stock sale or asset sale is driven by taxation and legality.
• A stock sale is preferable for the seller as it results in reduced tax rates for capital gains.
• An asset sale is preferable for the buyer as it allows for accelerated depreciation and step up in basis.
• Negotiations between the buyer and the seller can be made to bridge the gap and make a deal, potentially with the use of special tax elections and additional cash changing hands.

Our Favorite Quotes:

• "A lot of the questions that I get about somebody selling their businesses, whether I should do it as a stock sale, or an asset sale, what's the difference?"
• "Just generally, you know, whenever we're talking about the seller, they're gonna want a stock deal, whenever you're talking about, if you're on the side of the buyer, they're gonna want an asset deal."
• "Whenever you're the buyer, you're wanting to have that asset sale, because then you get, again, some preferential treatment on those assets that you're purchasing."
• "The key is there's a way to make it work to bridge the gap that it's not an all or none."

Connect with Melissa Bradberry:

• Baden Gage & Schroeder LLC
• Baden Gage & Schroeder LLC on LinkedIn
• 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.

Mauro Gregorio is the President of Performance Materials & Coatings at Dow, a chemical manufacturing company operating since 1897. Dow runs the Performance Materials & Coatings group—one of the three key businesses—with annual sales of over $9 billion. Mauro has been with Dow for almost four decades and has held various executive positions. As President, Mauro specializes in business strategy, international markets, and executive management.

Mauro joins me to describe Dow's business culture, diversity and inclusion program, and welcoming atmosphere. He recounts his first job and responsibilities at Dow and what he learned while holding an entry-level position. He explains the importance of humility, asking for help, and ensuring someone is there to help. Mauro also discusses how the pandemic initiated changes in the workplace—particularly in how we work—and how it disrupted the way we value work relationships.

"Having the humility to ask for help is important and having somebody on the other side willing to help is critical."- Mauro Gregorio

This week on Executive Decisions:

• How Mauro got started with Dow and what his first job was like
• The best part about being in an entry-level job
• How Mauro developed his customer-centric mindset
• The critical learning moments that build values and objectives internally
• How Dow developed a flourishing culture of diversity and inclusion
• Dow's diversity program and how it stems from management
• How Covid-19 changed the way we connect and relate to each other
• Why social media makes succeeding in a career intimidating
• Mauro's hobbies outside of work and his passion for astronomy
• Mauro's thoughts on learning every day and being motivated

Our Favorite Quotes:

• "People don't tolerate an environment not conducive to fun and being welcoming."- Mauro Gregorio
• "We need to embrace the feedback and change if the feedback points us to an issue that needs adjusting." - Sarah Delahanty
• "Successful effort is creating great frameworks for people." - Sarah Delahanty

Connect with Mauro Gregorio:

• Dow
• Mauro Gregorio 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.

Greg Marken is the President, CEO, and Treasurer at Advanced Emissions Solutions (ADES). ADES works with municipal water, coal-fired power generation clients, and other industries by providing emissions control and water purification solutions. Greg has been at the helm of ADES since July 2020. He also serves as a manager on the Board of Managers of Tinuum Group and as a manager and officer of other ADES subsidiaries. He has over 15 years of experience in leadership roles, finance, and accounting.

Greg joins me today to describe the qualities that elevate a leader's skills, especially when leading various teams. He shares what he learned from his first job experience and what it was like doing manual labor at a ranch. He explains how a person becomes a leader and highlights the knowledge necessary to hone those leadership skills. Greg also discusses his personal life, including hobbies, his family, and what his Ted Talk would be about.

"It's not about immediate rewards per se, but continuing to make yourself better on a day-to-day basis." - Greg Marken

This week on Executive Decisions:

• Greg's first job and what he learned from it
• Greg's experience working on the ranch
• The athletic influence that shaped Greg's personality and passion
• How a person develops their inner leadership traits
• What leaders can learn from their teams
• Making decisions for the betterment of the organization
• Greg's life outside work
• What a good team looks like for a leader
• What Greg would do if he could start over again

Our Favorite Quotes:

• "You have to be strong enough to be okay with being questioned." - Greg Marken
• "People are not giving you more opportunity if you're not delivering." - Sarah Delahanty
• "I don't think everybody shows up on day one of leadership 101 class and lets their leadership skills out." - Sarah Delahanty

Connect with Greg Marken:

• Advanced Emissions Solutions
• Greg Marken 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.

Scott Tucker is a board member and the Co-President of Maple Leaf Farms, a multi-generational family-owned company and America's leading producer of quality duck products. A third-generation family member, Scott began working in the company as a teenager. Today, as Co-President, he leads operations, quality assurance, live production, distribution, and the National Duck Council. He holds a Bachelor of Science degree in Management from Purdue University and a Master of Business Administration degree from the University of Wisconsin-Madison.

Zachary Tucker is the Retention and Efficiency Manager of Maple Leaf Farms and a fourth-generation family member. Zach has been working for over ten years at Maple Leaf Farms, where he began as a special projects coordinator in the company's live production department. He graduated with a degree in Animal Agribusiness from Purdue University, where he is currently pursuing a Master's in Agricultural Economics.

Scott and Zach join me today to discuss the dynamics of running a family business. They describe the history of Maple Leaf Farms and how they have grown into one of the primary duck breeders in the world. They explain how Maple Leaf Farms is addressing labor shortages in the duck industry through automation and investment in apprenticeship programs. They also highlight the value of innovation and underscore the challenges and benefits of running a family business.

"When it comes to a family business, you have to be good stewards of the business first—otherwise, the business will not be there to take care of the family." - Zach Tucker

This week on The Owner's Corner:

• Scott and Zach's background and the history of Maple Leaf Farms
• How Maple Leaf Farms' duck business has evolved through the years
• Compliance and regulations related to selling poultry to other countries
• The growth process of ducks and how they compare to other poultry
• Maple Leaf Farms' customers and distribution size in the United States
• Labor and employee retention challenges in the duck and agriculture industries
• Maple Leaf Farms' employment rates
• Biosecurity and preventing avian disease
• Overcoming the challenges of transitioning a business across generations
• How Maple Leaf Farms is developing its succession plans for family members
• The benefits and advantages of running a family business
• The importance of having a fiscally responsible outlook
• The value of innovation and how Maple Leaf Farms became ahead of its time
• How the 2008-09 financial crisis impacted Maple Leaf Farms and how the business navigated it
• Understanding the duck business's global market and Zach's growth forecast for the duck industry

Our Favorite Quotes:

• "Running a family business isn't just an 8 to 5 job. You need to have the support of the family and understand that you're all in this together." - Seth Whicker
• "In poultry—and in agriculture, in general—you'll have to constantly reinvest in things like new technology." - Zach Tucker
• "Evolution is about innovation. Look at the core problems and obstacles of growing your business and innovate to move past them." - Scott Tucker

Connect with Scott Tucker:

• Scott Tucker on LinkedIn

Connect with Zach Tucker:

• Zachary Tucker on LinkedIn

Connect with Maple Leaf Farms:

• Maple Leaf Farms Website
• Maple Leaf Farms on Linkedin
• Maple Leaf Farms on Facebook
• Maple Leaf Farms on Instagram
• Maple Leaf Farms on Twitter
• Maple Leaf Farms on YouTube

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.

Julie Fasone Holder is the woman behind JFH Insights, an executive coaching business that supports leaders and influencers in developing advanced leadership strengths and bringing more value to the companies they represent. Before founding JFH Insights, Julie was the former Senior Vice President of Dow Chemical. With Dow, Julie accumulated extensive experience running multi-billion dollar business portfolios. She also spent a few years running public and government affairs for them.

Julie joins me today to describe her professional experience and the challenges she encountered by being a woman in the corporate world. She explains the critical differences between mentors and sponsors and how they can elevate your career. She shares actionable advice with those just getting started and those looking to climb the corporate ladder. Julie also discusses the unwritten rules in corporate, how to balance family and work as a woman, and her hobbies outside of work.

"You can't change your brand if you don't know what that is." - Julie Fasone Holder

This week on Executive Decisions:

• Who Julie Fasone Holder is and the various executive positions she's held
• Where Julie got started and her first job in San Francisco
• Why sales is a great entry point for most professions
• Julie's advice to someone just getting started
• Learning the difference between a mentor and a sponsor
• The benefits of partnering with a sponsor
• What women need to help them reach higher in the corporate world
• Why women need to think in shades of gray
• The unwritten rules in business most people don't understand
• What women can do to enhance their brand
• Why committing to diversity, inclusion, and equity is good for companies in the long-run
• What Jolie does outside of work and her passion for traveling

Our Favorite Quotes:

• "Find people you can go to for professional advice." - Julie Fasone Holder
• "Being a mom and having family responsibilities and trying to balance it a little differently, you're kind of few and far between as a female." - Sarah Delahanty
• "So many parents feel a certain obligation to be there for all the things. It can be challenging when there's a large responsibility on someone's plate professionally." - Sarah Delahanty

Connect with Julie Fasone Holder:

• JFH Insights
• Julie Fasone Holder 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.

Sebastian Soria is the Vice President and Total Rewards Officer at Newmont Corporation—one of the world's leading gold, copper, silver, lead, and zinc producers. The company is notably the only gold producer in the S&P 500 Index and is recognized as a champion for ESG practices. Sebastian has over 28 years of experience in the financial industry, spending over 26 years with Dow in various leadership roles, including human resources and compensation. He holds a Master of Business Administration degree from IAE Business School and a degree in Labor Relations/HR from the University of Buenos Aires.

Sebastian joins me today to describe his humble beginnings and the events that led him to pursue a career in human resources in the financial industry. He shares some of his learnings from his first few years as a professional. He discusses the differences in working cultures in Argentina and the US. He explains what he looks for in future leaders and what sets them apart from the average high-performer. He highlights the importance of feedback and cultivating a culture that lets anyone give their opinion of someone else's performance. Sebastian also reveals the best skills to work on if you want to move up the corporate ladder.

"Make sure you're generating an environment where people at all levels are comfortable sharing feedback." - Sebastian Soria

This week on Executive Decisions:

• Experiences that shaped Sebastian's career path
• What Sebastian learned from his first job
• Sebastian's advice to someone who feels their first job is thankless
• What it was like being a full-time student and a professional at the same time
• The differences between Argentinian and American work culture
• Why he pursued a career in human resources
• What Sebastian would have done differently early in his career
• The difference between high-performers and future leaders
• What Sebastian looks for when hiring for management positions
• How Sebastian continues to learn at this stage of his career
• How Sebastian learns from others
• The best things to invest in for career growth
• Finding opportunities we may not initially see
• Sebastian's hobbies outside of work
• The essential financial principles that helped Sebastian achieve his goals

Our Favorite Quotes:

• "You have to be great in what you're doing every day in your current role to be the CEO." - Sarah Delahanty
• "Always keep an open door on feedback." - Sarah Delahanty
• "It's hard to love every single moment of every job you have." - Sebastian Soria

Connect with Sebastian Soria:

• Newmont Corporation
• Newmont Corporation on LinkedIn
• Sebastian Soria 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.

Jeff Taner is a certified public accountant and Managing Partner of DWD CPAs & Advisors, a firm that offers tailored assurance, tax, and accounting services for businesses, individuals, and nonprofit organizations. Jeff has been serving DWD CPAs & Advisors for over 40 years. After graduating from Indiana University at Fort Wayne with a degree in Business Accounting, Jeff began his career in the company in 1982 and became a partner in 1996. In 2009, Jeff began his role as the Managing Partner for the company. He is a member of the American Institute of Certified Public Accountants and the Employee Benefit Plan Audit Quality Center.

Jeff joins us today to discuss taxation for different business organizations. He shares his background and explains why he decided to pursue a career as a certified public accountant. He differentiates S corporations from C corporations and outlines the benefits and challenges of such business structures. He describes the process of liquidating S and C corporations and offers advice to business owners who want to transition their business to family members. Jeff also shares his thoughts on setting up a business partnership and underscores what business owners should consider when making the switch between S and C corporations

"An LLC is like a chameleon: it can be taxed as about anything—a sole proprietorship, an S corporation, a partnership, and even as a C corporation." - Jeff Taner

This week on The Owner's Corner:

• What motivated Jeff to pursue a career in accounting
• The best part about working with business owners
• The different tax structures of corporations
• The difference between an S corporation and a C corporation
• Self-employment taxes on proprietorship income
• The benefits and challenges of setting up an S or C corporation
• The taxation behind liquidating S corporations and C corporations
• Stock and asset sales and what it means to recapture depreciation
• Common mistakes business owners make when selling their companies or transitioning them to family members
• Jeff's advice to business owners who want to transition their companies to family members
• Appropriate business expenses and utilizing donor-advised funds and charitable contributions
• Record keeping and how long business owners should keep receipts and tax records

Our Favorite Quotes:

• "For the S corp, the profits that are distributed show up on the K-1 and that's where you pay your taxes." - Seth Whicker
• "Don't spend your money just to reduce your tax bill. It will probably not work out to your advantage when you look at the net cash that's left over when it's all said and done." - Jeff Taner
• "One of the biggest advantages you can get with health savings accounts is the tripled tax benefits." - Seth Whicker

Connect with Patrick Galvin:

• DWD CPAs & Advisors
• DWD CPAs & Advisors on LinkedIn
• Patrick Galvin on LinkedIn
• 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.