When it comes to investment fraud, we typically only hear about billion-dollar schemes, like the Madoff investment scandal. However, the reality is that investment fraud is quite common. And while some might assume that only millionaires are at risk, research shows that older, active investors of all income brackets are vulnerable. Area Investment Executive Scott Krogmann joins us to share what investors can do to protect themselves against fraud and the warning signs they should look out for....
Nov 04, 2020•18 min•Season 1Ep. 22
What are the benefits of working with a wealth advisor, and what can you expect when it comes to fees? In this episode of Regions Wealth Podcast, Private Wealth Management Trust Executive Wise Jones joins us to discuss some frequently asked questions about working with a wealth advisor, from “How much money do I need to hire a wealth manager?” to the differences between a wealth advisor and a financial advisor.
Oct 14, 2020•16 min•Season 1Ep. 21
According to Pew Research, 27% of American women opt to put their careers on hold in order to raise a family. As the study points out, such family-related career interruptions can impact women’s economic prospects in a variety of ways, even contributing to the gender wage gap. However, one factor that often gets overlooked is the overall impact on retirement planning. In this episode of Regions Wealth Podcast, Senior Vice President and Private Wealth Advisor Lisa Harless joins us to discuss reti...
Sep 30, 2020•18 min•Season 1Ep. 20
Communication is a crucial component of estate planning. Unfortunately, it's not always an easy topic for families to discuss. And when an older parent avoids discussing the topic or refuses to create an estate plan, it can put their adult children in a difficult position. In cases like these, how should adult children initiate that conversation without upsetting their parents? In this episode of Regions Wealth Podcast, Private Wealth Planner Wyeth Green joins us to discuss the basic components ...
Sep 16, 2020•18 min•Season 1Ep. 19
According to Javelin's 2019 Identity Fraud Study, new account fraud is up 13%. And if your personal information has ever been exposed in a data breach, you may be at an increased risk. In this episode, Chief Information Security Officer Jeff Kennedy joins us to discuss the steps individuals should take if their information has been exposed in a data breach and provide fraud prevention tips.
Sep 02, 2020•19 min•Season 1Ep. 18
With the rise of self-directed investing platforms, it can be tempting to take portfolio management into your own hands. But are robo-advisors an effective stand-in for human advisors? And how do you know which option is the right one for you? In this episode of Regions Wealth Podcast, Chief Investment Officer Alan McKnight joins us to discuss the differences between robo-advisors and traditional investment advisors, and how you can determine which option is the best fit for your investment goal...
Aug 19, 2020•19 min•Season 1Ep. 17
Even for high-income households, budgeting for childcare can be a major adjustment. For many, it can be difficult to know how to reduce childcare costs. In this episode, Senior Vice President and Fiduciary Area Business Manager Michele LaPorte joins us to discuss what expectant parents can do to plan ahead for childcare expenses.
Aug 05, 2020•17 min•Season 1Ep. 16
Many people struggle with how to manage finances in a marriage. Should one person handle them, or should it be a joint effort? Should you and your spouse keep separate accounts? And retirement planning? Chief Investment Officer Alan McKnight joins us in this episode to discuss money and marriage, including how to talk to your spouse about money and the best ways to manage finances in a partnership.
Jul 22, 2020•17 min•Season 1Ep. 15
When it comes to retirement planning, women have a few unique considerations ranging from longer life expectancy to the impact of the gender pay gap on their retirement savings. In this episode, Private Wealth Management Regional Executive Missy Epperson joins us to discuss women and retirement and the right approach to retirement planning for women.
Jul 08, 2020•14 min•Season 1Ep. 14
The expenses associated with adopting a child can be steep, and costs can vary widely based upon a variety of factors. For families wanting to add a plate at the dinner table, the road can be long, complicated, and costly. Wealth Advisor Keith McCord joins us to discuss financing adoption, and what steps families should take when preparing for adoption, both emotionally and otherwise.
Jun 24, 2020•14 min•Season 1Ep. 13
The impact of the coronavirus is felt by small businesses and corporations alike. With roughly 40% of business owners saying their personal wealth is tied to their business, the implications could be steep. In this special episode of Regions Wealth Podcast, Wealth Planning Executive Bryan Koepp joins us to discuss steps business owners can take to safeguard their business during this time.
Jun 10, 2020•11 min•Season 1Ep. 15
During an unprecedented time of financial uncertainty and market volatility, many Americans are concerned about their portfolios. In this special episode of Regions Wealth Podcast, Chief Investment Officer Alan McKnight joins us to discuss how the markets have been affected by COVID-19, what investors should know, and how the current conditions may impact their investments.
Jun 03, 2020•11 min•Season 1Ep. 14
As the nation responds to the spread of COVID-19, many Americans are wondering how the coronavirus might continue to impact their finances. In this special episode of Regions Wealth Podcast, Chief Investment Officer Alan McKnight joins us to discuss the potential short term and long-term financial implications of COVID-19, and what steps individuals can take to help safeguard their finances.
May 19, 2020•11 min•Season 1Ep. 13
So, you’ve received employee stock options or sweat equity as part of your compensation package — now what? In this episode, Chief Investment Officer Alan McKnight joins us to discuss what every employee should know about holding, selling, and exercising stock options.
Mar 18, 2020•17 min•Season 1Ep. 12
When it comes to women and money, confidence is key. From addressing the gender pay gap to teaching young women about the importance of investing, it’s time to overcome the barriers to women’s financial confidence. Wealth Advisor Elizabeth Winter joins us to discuss women’s financial health and financial planning tips for women.
Mar 04, 2020•15 min•Season 1Ep. 11
Sudden wealth often comes with strings attached. We already know that a high percentage of lottery winners fall prey to sudden wealth syndrome and have a difficult time knowing what to do with a windfall. However, those who achieve sudden wealth through inheritance may have just as much difficulty knowing how to manage a windfall successfully. In this episode, Chief Investment Officer Alan McKnight joins us to discuss strategies for how to manage a lump sum of money.
Feb 19, 2020•17 min•Season 1Ep. 10
When it comes to charitable giving, it can be hard to choose where to donate your money. What steps should you take when developing your charitable giving strategy? And what’s the best way to handle estate donations to charity? Senior Vice President and Fiduciary Area Business Manager Michele LaPorte joins us to discuss charitable giving through estate planning.
Feb 05, 2020•17 min•Season 1Ep. 9
Parents often spend years saving and planning for their child’s education. Private Wealth Management Regional Executive Lee Blank joins us in studio to discuss college planning and what parents need to consider when funding college education.
Jan 22, 2020•13 min•Season 1Ep. 8
Many of us have a goal we’d love to pursue, whether it’s a midlife career change, entrepreneurship, or an early retirement. Of course, making these goals into realities comes with risk. How can you decide if achieving your goal is financially sound? Chief Investment Officer Alan McKnight joins us to discuss how to make a financial plan that will allow you to achieve your goals while protecting your financial future.
Jan 08, 2020•16 min•Season 1Ep. 7
With today’s modern families, are there any best practices for determining how to divide your assets while keeping the peace? In this episode, Wealth Planner and Wealth Planning Program Administrator Bill Scofield joins us to discuss estate planning after divorce and remarriage.
Dec 11, 2019•15 min•Season 1Ep. 6
It’s called the American dream, but running a business is tough, and even the most seasoned entrepreneurs find themselves in need of small business guidance from time to time. In this episode, Wealth Planning Executive Bryan Koepp walks us through the stages of starting and growing a business: funding it, running it, growing it, and facing the business expansion hurdles that may come along the way.
Nov 27, 2019•15 min•Season 1Ep. 5
As we age, so do our parents. And that means they might need our help, just as we once needed theirs. But how do we care for them without breaking their spirit — or breaking the bank? Wealth Planner and Wealth Planning Program Administrator Bill Scofield joins us in studio to discuss the financial and emotional impact of moving an elderly family member into your home and what steps you should take in terms of family finance planning.
Nov 13, 2019•16 min•Season 1Ep. 4
You know what combination gets complicated really fast? Money and family. Should you invest in your cousin’s startup? Pay your mother’s rent? What about your kids’ college tuition or a down payment? Private Wealth Management Regional Executive Lee Blank joins us in studio to discuss the implications of lending money to a loved one, and what you can do to protect yourself before financing your family.
Oct 30, 2019•14 min•Season 1Ep. 3
When it comes to planning for the future and building a solid investment strategy, there’s no better time to start saving than when you’re a young adult while your investments have years to grow. But these days, many people are getting married and having children later in life, which can make it difficult to plan for the future. Private Wealth Management Regional Executive Missy Epperson joins us to share insight into how to start planning for the future when your goals are a moving target....
Oct 15, 2019•15 min•Season 1Ep. 2
It’s the biggest question for any business owner: When you’re planning for retirement, should you pass your business on, or should you sell it? And if you pass it on, who should you pass it on to? Wealth Planning Executive, Bryan Koepp, joins us in studio to discuss what factors business owners need to consider before selling their business or creating a succession plan.
Oct 04, 2019•15 min•Season 1Ep. 1
