Episode Notes

Bruce and Jeff speak with Bob Smietana, national reporter at Religion News Service, about Christian radio host Dave Ramsey and the multiple lawsuits he’s facing. They work through the question of how legally responsible Dave Ramsey is in these suits as someone considered a “financial guru.”

Guest Bio:

Bob Smietana is a national reporter at Religion News Service with more than two decades of experience covering the intersection of faith, values and everyday life. His work is fueled by a wide range of sources, deep subject knowledge, a knack for finding stories that attract a large audience online, and a love for collaborating with other reporters, scholars and multimedia journalists.

Schwab Asset Management is proud to sponsor the InvestmentNews Podcast. In today’s complex world, Schwab Asset Management provides a simple, straightforward approach to investing. As one of the largest and most experienced asset managers, they offer low-cost core ETFs for building the foundation of a diversified portfolio. Their focused lineup, which includes market cap index and strategic beta ETFs, is a reflection of a commitment to deliver exceptional experiences to investors and the financial professionals who serve them. Learn more at schwabassetmanagement.com/etfs.That’s schwabassetmanagement.com/etfs.

The InvestmentNews podcast returns after a summer hiatus. In this episode, Bruce talks to fellow reporters Ryan Neal and Emile Hallez, respectively, about AI and college debt.

Bruce and Jeff are joined by Abby Salameh, chief marketing officer and managing director of CAIS IQ, to talk about the appetite for and access to alternative investments.

Bruce and Jeff speak to Richard Hill, head of real estate strategy and research at Cohen & Steers, about everything REITs. Rich walks us through the current downturn in commercial real estate, as well as the difference between inflation and stagflation. He also discusses why, if REITs are such a good hedge against inflation, they had such a bad year in 2022.

Bruce and Jeff speak with Bob Smietana, national reporter at Religion News Service, about Christian radio host Dave Ramsey and the multiple lawsuits he's facing. They work through the question of how legally responsible Dave Ramsey is in these lawsuits as someone considered a "financial guru."

Bruce and Jeff speak with forward thinker Michael Kitces, chief financial planning nerd at kitces.com. With ChatGPT pushing artificial intelligence into the mainstream, Michael walks us through how AI can complement your advisory services and how to integrate it.

Bruce takes the pod solo as he speaks to Peter Nesvold of Republic Capital Group, an investment banker, teacher and author. Peter talks about recent deals Republic Capital has been involved in, the current premium on getting into the wealth management business, and his overall sense of the marketplace now.

Bruce and Jeff speak to Emily Koochel, manager of financial wellness at eMoney Advisor. Emily stresses the importance of financial wellness through the exploration of financial psychology and helps us understand the difference between financial psychology and behavioral finance.

Bruce and Jeff are joined by InvestmentNews ESG editor Emile Hallez to talk about the backlash he received in response to his recent column, 'The Bud Light case for ESG.' They discuss how ESG is defined and how it applies to Anheuser-Busch hiring a transgender influencer to promote its brand.

Bruce and Jeff talk to Louis Diamond, president of Diamond Consultants, about First Republic Bank, JPMorgan's role as its acquirer, and what the road ahead may look like for the First Republic brokers and clients. They also discuss the road paved by Louis' mother, Mindy Diamond, who started Diamond Consultants at a time when a woman leader in the industry wasn't common.