Tag Archives: Financial

Episode 7: Crafting a Strong Family Culture for Longevity and Prosperity

December 11, 2023family brand, Financial, Holistic Financial Planning, Investing, Wealth and Health, Wealth Managementbuilding a family brand, family brand, Financial, Financial Planning, Financial Savings, Holistic Financial Planning, Holistic Wealth and Health, Income, Investing, investment insights, Jason Smith, Jason Smith & Bryan Bibbo, Wealth and Healthholisticwealthandhealth

Episode Overview:

In this episode, host Jason L Smith is joined by Chris Smith, the founder of Family Brand. They delve into the transformative journey of creating a strong, unified family culture. The discussion touches on how family unity and shared values contribute to overall well-being, drawing inspiration from concepts like ‘Blue Zones’ and the Japanese philosophy of Ikigai.

Key Highlights:

1. Introducing Family Brand: Chris Smith shares the inspiration behind founding Family Brand, rooted in his personal experiences and family challenges.

2. The Impact of Family on Longevity: A discussion on ‘Blue Zones’ and how family dynamics significantly contribute to longevity, inspired by the Netflix documentary “Live to 100: Secrets of the Blue Zones.”

3. Building a Family Brand: The conversation covers the process and benefits of establishing a family brand, including mission, vision, culture, and values, as experienced by host Jason with his family

4. Family History and Identity: The importance of knowing and sharing family heritage and stories to bolster family identity and resilience.

5. The Pillars of Family Values: Chris outlines eight crucial categories for developing robust family values, based on extensive research.

6. Family Brand Culture Quiz: Introduction to the quiz designed to help families understand and enhance their family culture.

7. Engagement Options with Family Brand: Overview of different programs offered by Family Brand, including digital, group, and private coaching options.

Listeners are encouraged to reflect on their family values and explore the resources offered by Family Brand to strengthen family bonds and create a lasting legacy.

Resources:

For the Guest:

– Family Brand Website: http://familybrand.com

– Family Brand Culture Quiz: familybrand.com/quiz

– Family Brand Facebook Link: https://www.facebook.com/FamilyBrandOfficial/

– Promo Code for Digital Program: PARTNER (for a 50% discount)

For the Host:

– About the Host: Jason L Smith

– JL Smith Group Website: https://www.jlsmithgroup.com/

– Holistic Wealth & Health Podcast: https://www.jlsmithgroup.com/holistic-health-and-wealth-podcast

– Holistic Wealth & Health Blogs: https://www.jlsmithgroup.com/blog

– Episode 7 Link: https://www.jlsmithgroup.com/episode-7-crafting-a-strong-family-culture-for-longevity-and-prosperity

– JL Smith Group Facebook: https://www.facebook.com/JLSmithGroup/

– JL Smith Group YouTube: https://www.youtube.com/@jlsmithholisticwealth

– JL Smith Group LinkedIn: https://www.linkedin.com/company/jl-smith

– JL Smith Group X (Twitter): https://twitter.com/jlsmithgroup

– Holistic Wealth & Health Episode 7: https://www.jlsmithgroup.com/episode-7-crafting-a-strong-family-culture-for-longevity-and-prosperity

Disclaimer:
Investment advisory services are provided through Prosperity Capital Advisors LLC (“PCA”) an investment advisor registered with the United States Securities and Exchange Commission (SEC). For a detailed discussion of PCA and its investment advisory fees, see the firm’s Form ADV and Form CRS on file with the SEC at www.adviserinfo.sec.gov. The views expressed herein represent the opinions of PCA and are not intended to predict or depict performance of any particular investment.

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Episode 6: Year-End Tax Strategies and Investment Insights

November 30, 2023Holistic Financial PlanningFinancial, Financial Planning, Financial Savings, Holistic Financial Planning, Holistic Wealth and Health, Investing, investment insights, Investments, Jason Smith, tax strategiesholisticwealthandhealth

Host: Jason L Smith, CEP, BPC, and guest Jeff Warnkin, CFP, CPA, NSSA

Episode Overview:

In this episode, Jason L Smith and Jeff Warnkin, Lead Advisor at JL Smith, discuss a range of topics centered around year-end tax planning strategies, investment insights, and the importance of tax management in personal finance. The conversation covers a variety of subjects including the benefits of different types of retirement accounts, strategies for tax -loss harvesting, and the advantages of Health Savings Accounts (HSAs).

Key Topics Discussed:

1. Introduction to Tax Management
– Overview of the importance of sound tax management in personal financial planning.

2. Tax Planning vs. Tax Management vs. Tax Preparation
– Explanation of the differences between tax planning, tax management, and tax preparation.
– Insights into how these components work together to optimize financial outcomes.

3. Retirement Account Strategies (401(k), Roth IRA, etc.)
– Detailed discussion on the advantages of various retirement accounts.
– Insights into choosing between traditional and Roth options based on individual tax situations and future expectations.

4. Year-End Tax Strategies
– Strategies for maximizing deductions and contributions by the year-end deadline.
– The concept of tax loss and gain harvesting to optimize tax efficiency.

5. Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs)
– Exploring the triple tax benefits of HSAs and the use-it-or-lose-it nature of FSAs.
– Guidelines on how to maximize these accounts for healthcare expenses.

6. Investment Insights: Capital Gains and Loss Harvesting
– Strategies for managing capital gains and losses in investment portfolios.
– Discussion on the timing and implications of these strategies on taxes.

7. Donor-Advised Funds and Charitable Giving
– How to use donor-advised funds and charitable giving as part of tax management.
– Benefits of gifting appreciated stock and other assets to minimize tax liability.

8. Estate Planning and Gift Tax Exclusions
– Overview of current estate tax landscape and strategies for reducing potential future liabilities.
– Explaining annual gift limits and the advantages of gifting appreciated assets.

Closing Remarks:
– Jason and Jeff summarize the importance of proactive tax planning and management.
– Encouragement for listeners to reach out for personalized advice and further information.

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Episode 3: Be a Blessing: How to Increase your Potential & Live a Healthier Life

October 18, 2023Financial, Holistic Financial Planning, Investing, Wealth and Healthblessings, Financial, Holistic Financial Planning, Holistic Wealth and Health, Investing, live lifeholisticwealthandhealth

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

Are you eager to unlock your potential but not sure where to start? Join one of our hosts and partners at JL Smith, Bryan Bibbo, AIF, NSSA, BPC, for an enlightening episode featuring Dr. Kevin Elko — motivational speaker and best-selling author.

Dr. Elko explains the transformative power of ownership, responsibility, passion, and motivation in achieving success, as well as the role faith — especially in oneself — can play in achieving goals. Tune in now to learn simple ways you can drive your personal growth and health!

Episode resources:

Ten Steps to an “I Believe” Mindset e-book by Dr. Kevin Elko

Dr. Elko’s books and CDs

For more information about the Grant Study of Adult Development conducted by Harvard, visit: https://www.adultdevelopmentstudy.org/

For more information on Cathy Hughes:

(correction, she bought her radio station for $995,000, not $980,000) https://en.wikipedia.org/wiki/Urban_One#:~:text=Urban%20One%20was%20founded%20as,from%20an%20African%20American%20perspective.

For more information on Thomas Edison’s story: https://www.businessinsider.com/thomas-edison-in-the-obstacle-is-the-way-2014-5 (based on varying inflation calculations, his comeback revenue mentioned is between $240 – around $300 million in today’s dollars)

For more information on the factors Dr. Elko describes as being drivers of health outcomes: