The Uncommon Advisor

For investors who want some professional assistance without handing over control of their assets, the "advice only" model is gaining traction. Jeremy Zuke is a financial planner with Abundo Wealth, and he joins Michael to discuss the appeal of the advice only model and the ongoing democratization of the advisory industry.

For Muslim investors who want their portfolio to reflect their values, investing is a bit more complicated than simply buying the S&P 500. Fahmin Fardous joins Michael to discuss her expertise in crafting values-aligned portfolios for investors, as well as the rewarding nature of working with first generation immigrant families.

Beacon Wealth has been a pioneer in the faith-based investing industry, providing holistic financial planning services while aligning with the values of their clients. Cassie Laymon, President at Beacon Wealth Consultants, joins Michael to discuss her firm's approach to selecting investments, working with clients to maximize impact, and the growth of faith-based investing.

Young families face a number of challenges in 2024, including expensive housing and uncertain job markets. But there are also plenty of reasons to be optimistic about the future. Liz Alf, Principal at Clerestory Advisors, joins Michael to discuss working with young families to build a solid financial foundation.

For those planning to leave assets to future generations, a thoughtful estate plan goes far beyond minimizing the tax bill. Amar Shar joins Michael to discuss taxes, unintended consequences, and his unlikely path to becoming a financial advisor.

Most financial advisors are happy to outsource stock selection, or to use portfolios consisting entirely of ETFs or mutual funds. Randy Watsek joins Michael to discuss his process for researching individual securities for client portfolios, as well as best practices for business owner clients.

Holistic financial advisors do a lot more than an occasional rebalance. David Warshaw, Founder and President of The Wealth Plan LLC, joins Michael to discuss his "four seasons" approach that includes estate planning, tax strategies, and more.

Most investors pay way too much in taxes. Connecting with the right advisor can save them hundreds of thousands of dollars -- or more. Dana Cornell, Founder and CEO of Cornell Capital Partners, joins Michael to discuss how his career evolved from a major wirehouse to a bespoke advisory firm helping clients to mitigate taxes and enhance wealth.

When used correctly, life insurance can be an incredibly powerful tool in a tax efficient investing strategy. When used incorrectly, it can be a big mistake that results in excessive fees and disappointing returns. Wallis Tsai joins Michael to discuss the ugly side of the insurance industry, and how investors can get the insurance policy that is actually right for them.

Custodial accounts can be a great way to get around estate taxes, especially in states with limits significantly below the federal threshold. UTMAs can offer some marginal short-term tax savings, but lack many of the advantages of 529s when it comes to saving for college. Alvin Carlos of District Capital Management joins Michael to discuss the benefits and drawbacks of opening a custodial account for your child.