Month: April 2024
Unveiling the Hidden Costs in Your Investments (Ep.19)

Unveiling the Hidden Costs in Your Investments (Ep.19)

By |

Let’s talk about the fees involved with investing your money, even those pesky hidden ones.

Ryan Poterack is discussing the importance of understanding fees in investments and how they impact returns. Ryan emphasizes the significance of value over cost, highlighting that fees should be equated to the value and services provided. 

The discussion explores the various types of fees, including visible ones like advisory fees and expense ratios, and hidden costs like trading fees and turnover expenses.

Episode discussion points include:

  • The various fees in financial management & related fees to the value provided by advisors
  • Behavioral coaching helping people make informed, rational decisions amid market uncertainties and emotional triggers
  • The benefits of seeking professional help & the value of time, desire, and knowledge that a wealth manager can provide to enhance investment strategies
  • Why fees are not necessarily small and how they can impact investment returns significantly
  • And more

Resources:

Connect with Ryan Poterack: 

Connect with Poterack Capital Advisory: 

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Maximizing The Value of Your Inheritance & Ensuring Family Harmony (Ep.18)

Maximizing The Value of Your Inheritance & Ensuring Family Harmony (Ep.18)

By |

Transferring or inheriting wealth is not as simple as something like “Venmo”. It should require a strategic wealth transfer plan.

Let’s learn how to make one.

Ryan Poterack is exploring the intricate world of inheritance and legacy planning with Certified Financial Planner, Alec Quaid. The discussion skillfully navigates the emotionally charged landscape of receiving an unexpected windfall, including the murky waters of taxation, asset allocation, and the crucial role of proper estate planning. 

Through real-life scenarios and expert insights, this episode sheds light on the delicate balance of grief, finances, and family dynamics that come into play when managing an inheritance. 

Key discussion points include:

  • The emotional impact of inheriting money including unexpected windfalls and the psychological differences in handling inherited wealth
  • Various tax implications of inheriting and transferring wealth
  • Facilitating open communication in families regarding estate planning and discussing inheritances
  • The value of seeking advice from a qualified wealth manager during this time
  • And more

Resources:

Connect with Ryan Poterack: 

Connect with Poterack Capital Advisory: 

Meet the team at Poterack Capital Advisory

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More