Category: Financial Advisors
Generative AI in Finance – With Darren Tedesco (Ep. 107)

Generative AI in Finance – With Darren Tedesco (Ep. 107)

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How can financial advisors embrace generative AI?

Today on The Flexible Advisor, Laura Gregg and David Partain welcome Darren Tedesco, President of Advisor360°, to explore generative AI’s impact on the financial services industry. They talk about how most advisors see AI as an opportunity, not a threat, with the potential to serve more clients efficiently. However, data quality and compliance are significant concerns. Darren highlights AI’s current use in client communication and process automation, and its capacity to aid in making decisions that involve processing large amounts of data.

Darren discusses: 

  • Overview of Advisor360°, a wealth tech company
  • Generative AI’s impact on the financial services industry
  • Findings of Advisor360°’s research study on AI
  • Current use of AI in client communication and task automation
  • The potential of AI to help advisors serve more households
  • Challenges and compliance issues in adopting AI for advisors
  • And more

Resources: 

Connect With Darren Tedesco:

Connect With  Laura Gregg: 

Connect With  David Partain: 

About Our Guest:

Darren Tedesco, President, Advisor360°

Darren is one of Advisor360°’s founders and is responsible for guiding the vision of the platform, technology strategy, and company direction. Darren focuses on elevating the customer experience through the application of new technologies to solve client pain points. He has been part of the software development since its inception, bringing together the thinkers, creators, and visionaries that help power our clients’ productivity, profitability, and growth.

Darren began his career at Commonwealth Financial Network in 1994, starting as a member of the finance team and transitioning to the company’s newly formed technology department in 2000 where he became Managing Principal of Innovation and Strategy. He regularly speaks at conferences and is often quoted in industry publications for his FinTech expertise in the financial advisor community. Darren received his MBA from Bryant University and a BS from the University of Connecticut. 

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Healthcare And Financial Planning – With Christine Simone (Ep. 106)

Healthcare And Financial Planning – With Christine Simone (Ep. 106)

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Understanding the variety of healthcare plans available to consumers, the nuances of cost and coverage, and Medicare’s inexplicable geographic variations, is no small feat. Yet, when it comes to estimating healthcare expenses, advisors have had few, if any, solutions at their disposal. 

In this episode, Laura Gregg and David Partain talk with Christine Simone, CEO of Caribou Wealth, about the challenge of integrating healthcare costs into a holistic financial plan as well as new resources and support available to advisors.

Christine discusses: 

  • The growing need to integrate healthcare into the planning process
  • Optimizing key milestones to address clients’ evolving healthcare concerns
  • Opportunities to engage the next generation in the healthcare conversation
  • Healthcare planning as a differentiator in the advisory marketplace
  • A new tool to identify optimal health insurance options 
  • And more

Resources: 

Connect With Christine Simone:

Connect With Laura Gregg: 

Connect With David Partain: 

About Our Guest:

Although she’s years away from her own retirement, Christine Simone is obsessed with helping current and future retirees plan for and optimize their healthcare costs. She’s held notable leadership positions within the healthcare industry working with key stakeholders from payers to providers to the Department of Veterans Affairs. Now, Christine is the CEO of Caribou Wealth, a software solution for the finance industry. 

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Trust Strategies that Build Client Trust — With Nikè Anani (Ep. 105)

Trust Strategies that Build Client Trust — With Nikè Anani (Ep. 105)

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Amid the Great Wealth Transfer, advisors are seeing a paradigm shift in the way clients are approaching their wealth and legacy strategies. In the second of a two-part series with Nikè Anani, Director of Next Generation for Northern Trust Wealth Management, The Flexible Advisor podcast looks at some ways in which advisors can help satisfy the objectives of a new, Rising Generation.

Nikè discusses: 

  • Incorporating the values and the aspirations of both the grantor and the recipients in wealth transfer planning
  • How you can help to empower Rising Generation clients 
  • The benefits of facilitating open, cross-generational communication
  • Alternative trust structures that may better align with your clients’ evolving priorities 
  • And more

Resources: 

Connect With Nikè Anani:

Connect With  Laura Gregg: 

Connect With  David Partain: 

About Our Guest:

Nikè Anani is the Director of Next Gen Advisory for Northern Trust Wealth Management. In her role, she prepares next-generation family members for the complexities of wealth ownership. Her personal experience as a second-generation owner and family office founder is the inspiration behind her passion for helping other next gens find their voice and become successful stewards.

An accomplished speaker and author on wealth and values transfer strategies, Nikè is the host of “The Connected Generation” podcast and the author of “Lifetime to Legacy: A New Vision for Multigenerational Family Businesses.”

Nikè earned an economics degree from University College London, is a chartered accountant, and has a certificate in Family Business and Family Wealth Advising from Family Firm Institute. She is a board member of YPO’s Global Family Business Networks, where she champions initiatives to support education and peer learning of the next generation. 

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Helping a New Generation – and Your Practice – Ascend – with Nikè Anani (Ep. 104)

Helping a New Generation – and Your Practice – Ascend – with Nikè Anani (Ep. 104)

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The emerging generation of adults — particularly family business owners — are grappling
with challenges and responsibilities their parents did not. In this episode, Laura Gregg speaks
with Nikè Anani, Director of Next Generation at Northern Trust Wealth Management. Based
on personal experience running her own enterprising family office and finding her joy and
purpose in consulting with rising gen people like herself. Nike identifies strategies you can use
to help empower these clients for ownership and leadership roles. See how targeted
communication can uncover key generational differences, deepen trust, and retain and grow
assets.

Nikè discusses: 

  • How the dynamics of her family helped her create the path she’s on today
  • What differentiates “rising generation” from “next generation”
  • The unique experiences and concerns facing the rising generation
  • How to deepen trust with these clients to retain and grow assets
  • Key aspects of a productive family meeting
  • And more

Resources: 

Connect With Nikè Anani:

Connect With Laura Gregg: 

Connect With David Partain: 

About Our Guest:

Nikè Anani is the Director of Next Gen Advisory for Northern Trust Wealth
Management. In her role, she prepares next-generation family members for the
complexities of wealth ownership. Her personal experience as a second-generation
owner and family office founder is the inspiration behind her passion for helping
other next gens find their voice and become successful stewards.
An accomplished speaker and author on wealth and values transfer strategies, Nikè
is the host of “The Connected Generation” podcast and the author of “Lifetime to
Legacy: A New Vision for Multigenerational Family Businesses.”
Nikè earned an economics degree from University College London, is a chartered
accountant, and has a certificate in Family Business and Family Wealth Advising
from Family Firm Institute. She is a board member of YPO’s Global Family Business
Networks, where she champions initiatives to support education and peer learning
of the next generation.

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FEATURE BBLBRY
Ep 103: Meet Your New Intern: Generative AI – With John Prendergast

Ep 103: Meet Your New Intern: Generative AI – With John Prendergast

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How generative AI could transform your practice.


In this episode, Laura Gregg and David Partain talk with John Prendergast, co-
founder and CEO of Blueleaf. John puts the strengths (and shortcomings) of
generative AI into context for advisors – and suggests how this “lazy intern” should
be managed.


John discusses:
● What generative AI is, how it evolved, and what it’s capable of
● Some concerns and potential risks associated with generative AI in financial
services
● Why advisors need to learn about generative AI before using it with clients
● And more


Resources:
● FlexShares Exchange Traded Funds
● The Augmented Advisor
● How Financial Advisors Are Leveraging Outsourcing And What The SEC Has
To Say About It
● The New York Times: Artificial Intelligence
● ChatGPT
● The Imitation Game


Connect With John Prendergast:
● Blueleaf
● LinkedIn: John Prendergast


Connect With Laura Gregg:
● lg79@nrts.com
● Laura Gregg’s LinkedIn


Connect With David Partain:
● dbp2@ntrs.com
● David Partain’s LinkedIn


About Our Guest:
John Prendergast is the co-founder and CEO of Blueleaf and is an active startup
advisor. He is also an experienced entrepreneur and senior executive. As part of 6
founding teams, he has led the product management, marketing, and finance
functions. His background in banking and wealth management has shaped the
vision for Blueleaf.

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FEATURE BBLBRY
Ep 102: Coaching Parents Through Some Tough Lessons – With Sarah Newcomb, Ph.D.

Ep 102: Coaching Parents Through Some Tough Lessons – With Sarah Newcomb, Ph.D.

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Helping clients address multiple objectives can be fraught with any number of misconceptions, ingrained assumptions, and fears. Laura Gregg and David Partain talked with Sarah Newcomb, Ph.D., founder of The Thrive Financial Empowerment Center, to talk about balancing the desire to finance children’s higher education with the need to work toward a secure retirement. Leaning into core tenets of behavioral investing, Sarah helps to clarify some of the psychological hurdles parents face in this situation and shares practical strategies to help advisors add value to the decision-making process.

Listen in as Dr. Newcomb discusses:

● Common preconceptions that may not serve the client or the children.

● Key points that can shift the narrative in the advisor/client dialogue

● The importance of including the child in the college finance discussion

● The opportunity for parents to model financial problem-solving

● How behavioral investing concepts are becoming core competencies in the advisory industry

● And more

Resources: 

Connect With Sarah Newcomb:

Connect With  Laura Gregg: 

Connect With  David Partain: 

About Our Guest:

Sarah Newcomb, Ph.D. is a behavioral economist and Founder of the Thrive Financial Empowerment Center. Through writing, speaking, and coaching, she teaches people of all stripes to build lives they love with the resources they have. As a subject matter expert, Dr. Newcomb has worked with corporate behavioral science teams at HelloWallet, Morningstar, and Edward Jones, where she helps financial advisors understand and respond to aspects of psychology that affect financial decisions. In all her roles, Sarah aims to adapt the findings of academic research to practical use in the financial lives of ordinary people, and to ground innovative approaches to financial advice in well-established psychological theory.

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FEATURE BBLBRY
Ep 101:  Why Succession Planning Is Essential – With Linda Willis

Ep 101:  Why Succession Planning Is Essential – With Linda Willis

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Many advisors have yet to move beyond a vague idea of what a succession plan might look like, let alone formalizing one. While the concept of succession should be considered in every stage of your business, it becomes critical in the later stages.

In this episode, Laura Gregg and David Partain talk with Linda Willis, founder and CEO of Career Management Advisors Consulting (CMA) about the importance of succession planning and how to start the process. Linda discusses key considerations, timeframes and the price of procrastination.

Linda discusses: 

  • Why many advisors avoid actively creating their exit strategies
  • The importance of an emergency exit strategy at every stage of a practice.
  • How far in advance of your exit the planning should begin
  • Starting the process 
  • And more

Resources: 

Connect With Linda Willis:

Connect With  Laura Gregg: 

Connect With  David Partain: 

About Our Guest:

Linda Willis is a top-performing, outcome-driven financial services professional.  With a proven track record of leading global financial services businesses, she has held senior positions at major financial institutions and distinguished herself as an astute business leader and tenacious and accomplished recruiter of top talent. A former securities litigator with experience in corporate and employment law, Linda built a business career at global investment firms as well as launched and scaled her own independent RIA.  Linda’s experience across the landscape of the financial services industry, coupled with her proficiency as a skilled negotiator and over-all business manager, ensures superior results for clients seeking an M&A, succession or transition advisor. A graduate of Mercer University with a J.D., LAW, Linda has completed advanced educational and leadership programs at both Harvard University as well as the Wharton School at the University of Pennsylvania.  Her thought leadership and insightful counsel provide CMA clients with a comprehensive and holistic engagement.

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FEATURE BBLBRY
Ep 100:  What Have We Done?!

Ep 100:  What Have We Done?!

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As The Flexible Advisor marks its 100th episode, content marketing strategist Matt Halloran joins hosts Laura Gregg and David Partain to discuss the podcast’s genesis, evolving scope, and most impactful topics.

Originally focusing on proprietary research, The Flexible Advisor has become a dynamic forum exploring multiple aspects of many topics concerning financial advisors and planners 

In this episode, Laura, David, and Matt discuss:

  • How The Flexible Advisor has come to be one of the top podcasts in the financial services industry.  
  • How COVID became an unlikely catalyst for the platform’s development
  • Notable guests and topics 
  • And more!

Resources:

Connect With Matt Halloran:

Connect With  Laura Gregg: 

Connect With  David Partain: 

About Our Guest:

Matt Halloran is a co-founder of ProudMouth, the world’s leading influence accelerator for financial advisors. 

An in-demand speaker, he’s appeared on over 1,000 podcasts. As well, Matt is the host of ProudMouth’s Top Advisor Marketing Podcast, where he and industry leaders empower advisors to become trusted, recognized authorities. 

Matt is the author of “The Social Media Handbook for Financial Advisors,” the first social media book for financial services.

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FEATURE BBLBRY
Ep 98: Your Personal Brand: Capitalize on Your Strengths – With Susan Danzig

Ep 98: Your Personal Brand: Capitalize on Your Strengths – With Susan Danzig

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Creating a distinct personal brand may be the most important (and underestimated) thing you can do to attract ideal clients and enhance your practice. 

In this podcast episode, Laura Gregg and David Partain invite Susan Danzig, a certified business development coach, to discuss how your brand can help clients and prospects understand who you are and what you can provide.  

Susan discusses: 

  • The value of establishing a market niche in today’s environment 
  • How personal and corporate branding can work in tandem
  • Using your personal interests to connect with your ideal clients 
  • Why taking stock of who you serve, how you stand out, and what you offer is an ongoing process
  • And more

Resources: 

Connect With Susan Danzig:

Connect With  Laura Gregg: 

Connect With  David Partain: 

About Our Guest:

Susan Danzig has been consulting with financial services professionals since 1997. She helps her clients understand and clarify their true value, define their specialization and create effective marketing strategies. Susan’s specialty is brand refinement, messaging and strategic marketing to enhance a business’s market value for growth and sale.

Susan is a graduate of the University of Colorado in Boulder, a Certified Business Development Coach and a Certified Master Neuro Linguistic Programming Practitioner. A strong contributor to the financial services community, Susan has served as a National Board Member of the Financial Planning Association.

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