#423 – Alan Smith – Wealth Management

Wealth Management & Funding Your Retirement

When it comes to wealth management who better to discuss this with than Alan Smith is the CEO of Capital Asset Management. He maintains an active and compelling Twitter account. And this week, he is our guest on The Next 100 Days podcast. He started the company in 2004. Alan is an avid thrill seeker, having climbed Mount Kilimanjaro and has a passion for skiing and family holidays.

Summary of the Podcast Financial Planning & Wealth Management

• Graham seeks retirement guidance as he approaches 65. [If you believe I’m still in my 30s, then I have a bridge to sell you!]
• Alan stresses the importance of a thorough financial plan.
• That plan pinpoints your goals, the resources you have, and the strategies you’ll take in this next phase of your life.
• A plan’s value lies not in completion but as a living framework to navigate life changes.

Investment strategies and asset allocation

• Alan details his “family fortress” portfolio of broad market index funds.
• Along with his “investment playpen” of higher risk bets.
• He advocates allocating primarily to equities for long-term growth outpacing inflation, though accepting short-term volatility.
• You should focus on fees, costs, simplicity and diversification as priorities.

Choosing a financial advisor

• Alan argues an advisor pays for themselves through objective counsel in emotional times.
• Look for credentials, independence, and a personal connection to guide complex decisions over decades.
• Fees around 1-1.5% for advice and low-cost funds are reasonable compared to potential returns and risks avoided.

Clips from the Podcast Did We Get The Wrong Alan Smith?

https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Wealth-Management.mp4

Family Fortress & Investment Playpen

https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Family-Fortress-Investment-Playpen.mp4

Included in Alan’s wealth management driven “Investment Playpen” strategy are:

• a couple of start-up companies
• a little bit of bitcoin

You should focus on the Family Fortress.

Percentage split 95:5%

An Investment Philosophy Based on Academic Research

https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Proper-Research.mp4

Index or Active Fund Manager?

https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-index-or-active-fund-manager.mp4

Get a Financial Plan completed for your Retirement

https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-financial-plan.mp4

When I’m 65

https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-When-Im-65.mp4

Have an Investment STRATEGY

https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Have-an-investment-strategy.mp4

The Big Takeaway

https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-The-Big-Takeaway.mp4

Alan Provided This Testimonial

https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Testimonial.mp4

Contact Alan Smith

The Next 100 Days Podcast Co-Hosts Graham Arrowsmith

Graham is “The High Net Worth Data Guy” who founded Finely Fettled to help business owners and marketers market to affluent and high-net-worth customers.  Now get all-inclusive affluent direct mail campaigns combining A lister copy, design, print and postage for £599+vat, without the DIY hassle. Find Graham on LinkedIn.

Kevin Appleby

Kevin specialises in finance transformation and implementing business change. He’s the COO of GrowCFO, which provides both community and CPD-accredited training designed to grow the next generation of finance leaders. You can find Kevin on LinkedIn and at kevinappleby.com