Tag Archives: Bryan Bibbo

Episode 15: Grasping Your Financial Needs, Step 1 – Discover Part 1

Bryan Bibbo, Financial, Holistic Financial Planning, holistic wealth and health, Holistic Wealth Management, Jason L Smith, JL Smith Holistic Wealth Management, Wealth and Health, wealth and health podcast, , , , , , , ,

Hosts Jason L Smith and Bryan Bibbo along with special guest Dave Alison, CFP®, EA, BPC, President and Founding Partner of C2P and Alison Wealth Management, explore the intricacies of the holistic wealth management process through the widely acclaimed financial process, The Bucket Plan®.

Their discussion offers a comprehensive look into the first, crucial step of financial planning called the discovery phase. This episode is a must for anyone interested in gaining a deeper understanding of what to expect during the discovery phase of holistic wealth management and the value of holistic, personalized financial planning.

Key Topics Discussed:

  • Introduction to the Discovery Process: Smith opens with the purpose of the discovery step in understanding clients’ financial goals and preparing a personalized plan.
  • Role of Prosperity Capital Advisors: How the Registered Investment Advisory (RIA) firm JL Smith and Alison Wealth Management use, Prosperity Capital Advisors, offers support to advisors’ compliance, trading, reporting, and portfolio management to focus on client service.
  • Importance of Tailoring Financial Plans: Alison emphasizes how personal finance is more personal than finance and should focus on the client’s specific needs, goals, and personal circumstances for effective planning.
  • Navigating the Discovery Meeting: Alison discusses how he sets the agenda for discovery meetings, ensuring alignment of goals, and establishing a comfortable environment for open communication about financial aspirations and concerns.
  • Pre-Discovery Consultation: Alison and Smith discuss the precursor to the discovery meeting, where advisors evaluate how they can serve potential clients and determine the appropriateness of proceeding to the discovery phase.

Stay tuned for future episodes describing each step of the holistic wealth planning process!

Learn how understanding your body and incorporating proactive holistic health habits can lead to a richer, more productive life.

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Episode 14: Beyond the Bone: Navigating Joint Health

Bryan Bibbo, Financial, Holistic Financial Planning, holistic wealth and health, Holistic Wealth Management, JL Smith Holistic Wealth Management, , , , , ,

Join host Bryan Bibbo as he sits down with Trevor Murray, MD, Assistant Professor of Surgery for the Department of Orthopedic Surgery at the Cleveland Clinic, who specializes in lower extremity joint replacements. Together, they discuss their shared passion for helping others, advancements in joint replacement technologies, as well as the importance of maintaining an active lifestyle for joint health. Tune in to hear practical advice on prevention, treatment options, and the profound difference a dedicated healthcare professional can make in improving patients’ quality of life.

Key topics discussed:

  • Murray’s Orthopedic Surgery Background: Trevor Murray discusses his unique journey into the field of orthopedic surgery, tracing back to his interest in athletics and desire to help people, at a young age.
  • Murray’s Extensive Training: Murray sheds light on the rigorous and lengthy process of becoming an orthopedic surgeon.
  • Advances in Joint Replacement Technology and Practices: Murray details how technological advancements have significantly increased the lifespan of hip replacements.
  • Activities To Maintain Joint Health: Emphasizing the multifactorial nature of joint health, Murray highlights the critical role of maintaining a healthy weight and engaging in low-impact exercises as preventive measures to stave off the need for joint replacement surgery.
  • Post-Surgical Recovery and Rehabilitation: Murray emphasized the importance of early mobilization, physical therapy focused on range of motion initially and then strength and endurance, and the overall timeline for achieving peak outcomes.
  • Addressing Fears and Misconceptions About Surgery: Murray debunks the adage of delaying surgery as long as possible and instead focusing on the patient’s quality of life and symptom severity.

Learn how understanding your body and incorporating proactive holistic health habits can lead to a richer, more productive life.

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Episode 13: Welcome Seth Meisler! Get to Know our Newest Advisor

Bryan Bibbo, Financial, Holistic Financial Planning, holistic wealth and health, Holistic Wealth Management, Jason L Smith, JL Smith Group, JL Smith Holistic Wealth Management, , , , , ,

Join hosts, Jason L Smith and Bryan Bibbo, as they welcome the newest advisor to the JL Smith Holistic Wealth Management team, Seth Meisler, CFA, CFP®, CPA. The episode delves into Seth’s journey in the financial industry, highlighting the importance of the holistic approach, the Bucket Plan® philosophy, and the impact of philanthropy and community service on his career. Learn how Seth’s diverse expertise as a principal, chief investment officer, financial advisor, and auditor, makes him a valuable addition to the JL Smith family.

Key Topics Discussed:

  1. Introduction to Seth Meisler: Seth Meisler joins JL Smith Holistic Wealth Management, enhancing the firm’s financial planning and investment strategies with his diverse expertise.
  2. Seth’s Diverse Background: With a rich educational and professional background, including CPA, CFP®, and CFA credentials, Seth brings a multidisciplinary approach to wealth management.
  3. The Importance of a Holistic Approach: The episode underscores the necessity of a holistic wealth management strategy, integrating all financial aspects to support clients’ overarching goals.
  4. The Bucket Plan® in Retirement Planning: Seth and the hosts discuss the Bucket Plan® philosophy, a structured retirement planning approach that aligns assets with future needs and goals.
  5. Philanthropy and Community Service: Highlighting philanthropy’s role, Seth shares how community service and giving back are integral to his personal and professional ethos.

Learn how understanding your body and incorporating proactive holistic health habits can lead to a richer, more productive life.

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Episode 11: Using Life Insurance to “Insure Your Love” in Life and Retirement

Bryan Bibbo, Financial, Holistic Financial Planning, Holistic Health Management, holistic wealth and health, insurance, JL Smith Holistic Wealth Management, life, life insurance, wealth and health podcast, , , , , , , , , ,

Join host Bryan Bibbo, AIF, NSSA, BPC, and guest, Walter C. Young, MBA RICP, author, business development officer, and financial representative at JL Smith, in honor of February being Insure Your Love month, as they discuss the many benefits of life insurance. Using concepts from his book, The Fifth Option: Why Your Retirement Plan Won’t Work the Way You Think It Will, Young emphasizes the importance of life insurance and how it can be used as a versatile tool for retirement planning, estate planning, and more. Learn how life insurance can be tailored to your unique financial situation and help you achieve a safer, more predictable, and plentiful income for as long as you need it.

Key Topics Discussed:

1. Challenges in Retirement Planning: Young delves into the evolving landscape of retirement planning, highlighting the challenges individuals face and the growing responsibility they have in ensuring their financial security during retirement.

2. The Value of Life Insurance: Using a parable from his book known as The “Desert Island Dilemma,” Young demonstrates the challenges retirees face trying to sustain themselves through retirement, particularly the need to make strategic decisions about income sources.

3. The “Fifth Option”: Young introduces the concept of the “Fifth Option” as a transformative approach to retirement income planning, suggesting that traditional options like stocks, bonds, and annuities may not be sufficient, and a new approach is needed.

4. Versatility of Life Insurance: Young discusses how life insurance can serve various roles in retirement and estate planning, including as an asset class, a risk management tool, and a source of tax-free income.

5. Living Benefits: Shedding light on how life insurance can provide financial protection and support not only in the event of death but also in cases of critical illness or long-term care needs.

6. Real-Life Success Stories: Examples of individuals who have effectively incorporated life insurance and innovative retirement income planning strategies to secure their financial futures.

7. The Importance of Financial Literacy: The growing need to educate oneself about financial planning and how improving financial literacy can positively impact the next generation.

Our priority is helping you take care of yourself and your family. We want to learn more about your situation, identify your dreams and goals, and understand your needs. Reach out to Us at JL Smith Holistic Wealth Management to see how we can help.

Resources · The 5th Option: Why Your Retirement Plan Won’t Work the Way You Think It Will book

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Episode 9: Ed Slott’s Guide to Maximizing Retirement Savings

America’s IRA Expert, Bryan Bibbo, CPA, Ed Slott, Financial, Getting a Leg-Up on Tax Season, Great Retirement Debate, Health Management, Holistic Financial Planning, Holistic Health Management, holistic wealth and health, Holistic Wealth Management, Investing, IRA, Jason L Smith, JL Smith Group, JL Smith Holistic Wealth Management, life, Proactive Tax Management, retirement, Strategies for Proactive Tax Management, tax, Tax Management, tax season, Tips and Strategies for Proactive Tax, Tips and Strategies for Proactive Tax Management, Tips for Proactive Tax Management, wealth and health podcast, , , , , , , , , , , , , , , , , , , , , , , , , , ,

In this episode, host Jason L Smith, CEP®, BPC, sits down with “America’s IRA Expert:” Ed Slott, CPA. He is the founder and CEO at Ed Slott and Company and a professional speaker and author. Together they discuss various tax and retirement planning strategies and stress the importance of finding the right advisor to help make the most of your savings and minimize tax burdens. Tune in for valuable advice to make informed financial decisions, optimize your retirement nest egg, and safeguard your wealth for future generations.

Resources:

Fund Your Future: A Tax-Smart Savings Plan book

The New Retirement Savings Time Bomb: How to Take Financial Control, Avoid Unnecessary Taxes, and Combat the Latest Threats to Your Retirement Savings book

The Great Retirement Debate podcast with Ed Slott and Jeffrey Levine

Key Topics Discussed:

1. Having the right advisor: anyone who wants to make tax-smart decisions regarding their financial future benefits from an advisor with the right knowledge and skillset.

  • If you are a high-net-worth individual who has more complex financial needs, an advisor with expertise in tax management can make a big difference in your experience.
  • This podcast shares why understanding tax implications on wealth is important.

2. Proactive tax planning: taking strategic actions now can lead to long-term financial benefits.

  • Some decisions may temporarily increase your tax liability but can be more beneficial in the long run.
  • Planning is crucial to helping you keep more money for yourself and your beneficiaries.
  • It is wise to focus on what will help you have a steady future, rather than what may provide short-term financial gains.

3. Tax-efficient strategies: this episode describes ways to help maximize savings and minimize what you owe. Some examples include:

  • Roth conversions — These can help you manage their income-related monthly adjustment amounts (IRMAA) when they turn 65. By converting some of their traditional IRA funds into a Roth IRA, you can potentially reduce future Medicare charges for Medicare Parts B and D.
  • Qualified Charitable Distribution (QCD) — If you’re 70-and-a-half or older with an IRA and plan to make charitable donations, consider using a Qualified Charitable Distribution (QCD) from your IRA. This allows you to exclude the distribution from income, providing a better tax benefit than a tax deduction.
  • Ongoing education: Stay Informed About Tax Law Changes: Tax laws are constantly changing. Stay informed about new tax laws and regulations, especially those related to retirement accounts like IRAs and 401(k)s.
  • This knowledge can help you make informed decisions and potentially reduce your tax burden.
  • A holistic advisor can help you stay in-the-know.

If you’re unsure about your financial and tax situation, consider seeking advice from a financial advisor who specializes in retirement planning and tax-efficient strategies. The professionals at JL Smith can help you create a personalized plan to minimize your tax liability — schedule a free consultation today.

 

Disclaimer:

The information provided in this “Holistic Wealth and Health Podcast” episode, “Getting a Leg up on Tax Season – Tips and Strategies for Proactive Tax Management with Ed Slott, CPA” is for general informational purposes only. While hosts Jason L Smith, CEP, BPC, and guest Ed Slott, CPA, share valuable insights, listeners are urged to consult with financial, tax, and legal professionals for personalized advice. The hosts and guests do not endorse specific financial products, and any actions taken based on this content are at the listener’s discretion. The hosts, guests, and producers are not liable for errors or consequences resulting from individual decisions. Always seek professional guidance tailored to your unique financial circumstances.

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Episode 5: Balancing Health and Wealth: A Deep Dive into Holistic Well-being with Sachin Patel

Financial, Holistic Financial Planning, Investing, Wealth and Health, , , , , ,

Welcome to the Holistic Wealth and Health Podcast, your gateway to a prosperous, balanced, and purpose-driven existence!

This podcast episode features Sachin Patel as a guest, discussing holistic health management with the hosts. Sachin is described as a versatile expert with a background in chiropractic care and functional medicine. The hosts express excitement about Sachin’s upcoming talk to financial advisor entrepreneurs and delve into the interconnectedness of health and wealth.

The conversation touches on the importance of balance and inclusivity in health for all ages and genders. They explore the concept of holistic health management and its relevance in maintaining overall well-being.

The hosts also highlight Sachin’s unique journey and expertise in various health-related fields, setting the stage for a comprehensive discussion on topics such as breathwork and holistic health practices.

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Episode 4: Mastering Holistic Wealth Management: A Conversation with Dave Alison

Financial, Holistic Financial Planning, Investing, Wealth and Health, , , , , ,

Welcome to the Holistic Wealth and Health Podcast, your gateway to a prosperous, balanced, and purpose-driven existence!

In this episode, join hosts Jason Smith and Brian Bibbo as they sit down with Dave Alison, a prominent figure in the financial advisory world.

Dave’s story is one of mentorship, growth, and achievement. In their younger years, Jason had the privilege of guiding and mentoring Dave and Brian. Over the years, Dave has risen to become the go-to expert in his field, serving as the leading figure at Prosperity Capital Advisors.

Through their collective efforts, Jason, Brian, and Dave have successfully trained thousands of financial advisors in the art of holistic wealth management. This podcast episode delves into the essence of their “bucket plan process,” tax planning, and a wide range of financial management techniques.

Join us for an engaging discussion that brings together Brian and Dave to explore the multifaceted world of holistic wealth management. Whether you’re an aspiring financial advisor or someone interested in optimizing your financial future, this episode offers valuable insights and expertise you won’t want to miss.

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Episode 2: Get to Know Co-Host, Bryan Bibbo

Financial, Holistic Financial Planning, Investing, Wealth and Health, , , , ,

Welcome to the Holistic Wealth and Health Podcast, your gateway to a prosperous, balanced, and purpose-driven existence!

We dive deep into co-host Bryan Bibbo’s life, motivations, and philosophies he swears by to live well, including his desire to live every day like its last and focus on the true riches in his life — his relationships. Founder and CEO of JL Smith, Jason L Smith, CEP, BPC, introduces listeners to his friend, co-host, and business partner, making it easy to see why they work so well together.

Get to know Bryan Bibbo, AIF, NSSA, & BPC, Partner, Accredited Investment Fiduciary and National Social Security Advisor at JL Smith, as he discusses his humble Cleveland upbringing, how he entered the financial industry, his family and their influence on his life, and the importance of gratitude.

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