The COVID-19 crisis exposed an already dire problem – families could not come up with money for unexpected expenses, such as replacing a flat tire or repairing a busted pipe. As such, many advisors have been reemphasizing the importance of optionality and financial wellness to help their clients and communities properly prepare for these unpredictable emergencies.
Peter Welsh joins the podcast to discuss the importance of having a dedicated plan in place for dealing with unexpected expenses. Plus, he also discusses how his team has developed an after-tax emergency savings plan that starts in the workplace through paycheck deduction.
For full show notes and links mentioned in this episode, visit http://bmogam.com/betterconversations.
88 Modern marketing: Components of an advisor marketing strategy
87 The power of designations
86 Risk management: Life insurance
85 Inside the research of Morningstar
84 Becoming a local thought leader with educational workshops
83 Fanning the flame for your practice and your clients
82 Modern marketing: The secrets to a successful blog
81 Developing the next generation of financial advisors
80 The do’s and don’ts of investment policy statements
79 Tax strategies to optimize your client conversations
78 Power of the pipeline: Client acquisitions strategies to grow your practice
77 Funding education with a 529 plan
76 Beyond the hype: Blockchain technology
75 Financial considerations for families with special needs
74 Talking trade: From NAFTA to USMCA
73 Designing the best approach to conferences
72 Creating more precision with life expectancy planning
71 Congressman Mike Kelly, The Retirement Enhancement and Savings Act
70 The Better Conversations Collection: A tour of some of the best ideas from 2018
69 The delicacy of dialogue: Helping clients talk openly about money
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