Our guest on the podcast today is Don Phillips . Don is a managing director for Morningstar. He joined the company in 1986 as its first mutual fund analyst and soon became editor of the flagship print publication Morningstar Mutual Funds , establishing the editorial voice for which the company is best known. He helped to develop the Morningstar Style Box , the Morningstar Rating , and other distinctive proprietary Morningstar innovations that have become industry standards. Don has served in a v...
Jun 02, 2026•50 min•Ep. 374
Our guest on the podcast today is Adam Grossman . Adam’s the founder of Mayport , a fixed-fee wealth management firm. He’s also a regular contributor to Humble Dollar , the website founded by late financial writer Jonathan Clements. Before founding Mayport, Adam worked as an investment advisor or analyst at several firms, including Middleton & Company , Ballentine Partners , and MFS Investment Management . He also founded About Face Software, a social networking software firm. Adam received ...
May 26, 2026•45 min•Ep. 373
Listen Now: Listen and subscribe to Morningstar’s The Long View from your mobile device: Apple Podcasts | Spotify Our guest on the podcast today is William Bengen . Bill has been a prolific researcher of retirement planning matters over his career, and he pioneered the exploration of safe withdrawal rates with his groundbreaking 1994 research that gave birth to what’s now called the 4% rule. His new book, A Richer Retirement: Supercharging the 4% Rule to Spend More and Enjoy More was published i...
May 19, 2026•45 min•Ep. 372
Listen Now: Listen and subscribe to Morningstar’s The Long View from your mobile device: Apple Podcasts | Spotify Today on the podcast, we welcome back Ben Carlson , who’s the author of a new book called Risk and Reward . Ben is the director of institutional asset management for Ritholtz Wealth Management . In addition, Ben’s a prolific creator of content. His blog is called A Wealth of Common Sense . He also co-hosts the podcast Animal Spirits with Michael Batnick. Ben is the author of four boo...
May 12, 2026•49 min•Ep. 371
Today’s guest on The Long View is Amit Wadhwaney , portfolio manager and co-founder at Moerus Capital Management . Amit has over 30 years of experience researching and analyzing investment opportunities in developed, emerging, and frontier markets worldwide. Prior to co-founding Moerus, Amit was a portfolio manager and partner at Third Avenue Management , where he worked alongside his Moerus co-founding partners. Amit founded the international business at Third Avenue and was the founding manage...
May 05, 2026•55 min•Ep. 370
Our guest on the podcast today is Claudia Sahm . Claudia is chief economist at New Century Advisors , the founder of Sahm Consulting , and a regular contributor at Bloomberg Opinion . She has policy and research expertise in macroeconomics, consumer spending, and household finance. She created the Sahm rule , an automatic trigger for stimulus payments in recessions. Previously, she was a section chief at the Federal Reserve , where she oversaw the Survey of Household Economics and Decisionmaking...
Apr 28, 2026•59 min•Ep. 369
Today’s guest on The Long View is Michael Gates . Gates is the head of model portfolio solutions for the Americas and the lead portfolio manager for target-allocation models at BlackRock . BlackRock’s target-allocation models have been adopted by a large and growing contingent of advisors in the US. Four of the model families within BlackRock’s target-allocation suite have been awarded Morningstar Medalist Ratings of Gold. In 2025, Morningstar’s manager research team nominated Gates for a Mornin...
Apr 21, 2026•47 min•Ep. 368
Our guest on the podcast today is Harry Margolis . Harry has been representing seniors, individuals with special needs, and their families since he started ElderLaw Services, the predecessor of Margolis Bloom & D’Agostino in June 1987. His firm helps clients pay for long-term care, manage the incapacity of a family member, and plan for safe and productive futures for their children and grandchildren. Harry served as editor of the ElderLaw Report, a monthly newsletter for attorneys, for three...
Apr 14, 2026•44 min•Ep. 367
Our guest on the podcast today is retirement researcher Wade Pfau . Wade is the founder of Retirement Researcher , an educational resource on retirement planning for individuals and financial advisors. He’s co-founder of the Retirement Income Style Awareness Tool and a co-host of the Retire With Style podcast . He’s a professor of practice at the American College of Financial Services and a research fellow with the Limra Retirement Income Institute . And he’s also a principal and director of ret...
Apr 07, 2026•55 min•Ep. 366
Today’s guest on The Long View is Pat Dorsey . Pat is the founder of Dorsey Asset Management , a boutique asset manager serving institutional clients. From 2000 to 2011, Pat was the director of equity research for Morningstar, where he led the growth of Morningstar’s equity research group from 20 to 90 analysts. Pat was instrumental in the development of Morningstar’s economic moat ratings , as well as the methodology behind Morningstar’s framework for analyzing competitive advantage. Pat is als...
Mar 31, 2026•43 min•Ep. 365
Our guest on the podcast today is Bill Yount . Bill is a practicing emergency physician. He’s also co-host of a podcast called Catching Up to Fi , where he and Jackie Cummings Koski discuss pursuing financial independence later in life. Bill received his bachelor’s degree from Duke University, his doctor of medicine degree from the University of North Carolina at Chapel Hill, and completed his residency in emergency medicine at Northwestern University. Episode Highlights 00:00:00 From a Scarcity...
Mar 24, 2026•52 min•Ep. 364
Our guest on the podcast today is Emily Guy Birken . Emily’s the author of The Five Years Before You Retire . She also co-authored Stacked: Your Super-Serious Guide to Modern Money Management , with Joe Saul-Sehy. Other books include End Financial Stress Now, Making Social Security Work for You and Choose Your Retirement: Find The Right Path to Your New Adventure . Emily received her master’s degree in education from the Ohio State University and her undergraduate degree in English from Kenyon C...
Mar 17, 2026•48 min•Ep. 363
Our guests on the podcast today are Jamie Hopkins and Bonnie Treichel , who are co-authors of a new book, Your Retirement Sketchbook . Jamie is the CEO of Bryn Mawr Trust Advisors , Chief Wealth Officer of WSFS Bank , and founder of the FinServ Foundation . He’s a professor of practice at Creighton University and the American College of Financial Services. He’s also a contributor to Forbes and has been elected to the Fellows of the American Bar Foundation . Bonnie is the founder and Chief Soluti...
Mar 10, 2026•44 min•Ep. 362
Our guest on the podcast today is David Bach . David is the author of 12 national bestselling books, including The Latte Factor ; Smart Women Finish Rich ; Start Late, Finish Rich ; and The Automatic Millionaire . He just released the 20th anniversary edition of The Automatic Millionaire . David was a longtime contributor to NBC’s Today show and a featured guest on the Oprah Winfrey Show . He also produced and hosted two public television specials, Smart Women Finish Rich and The Automatic Milli...
Mar 03, 2026•58 min•Ep. 361
Today’s guest on The Long View is Hilary Wiek . Hilary is a principal analyst at PitchBook , where she leads PitchBook’s coverage of fund strategies and performance, publishing primary research on the alternative space. Hilary also leads PitchBook’s coverage of the ESG and impact investing space. Hilary has over 20 years of experience in asset owner, manager, and advisory roles. Prior to joining PitchBook, she was the director of investments at the Saint Paul & Minnesota Foundations , where ...
Feb 24, 2026•50 min•Ep. 360
Our guest on the podcast today is Jim O’Shaughnessy . Jim founded O’Shaughnessy Asset Management , a quantitative investment management firm in 1993. Franklin Templeton acquired the firm in 2021. Jim is also an author of several books, including Invest Like the Best and What Works on Wall Street . His latest book, Two Thoughts: A Timeless Collection of Infinite Wisdom , is a compilation of quotations from famous artists, writers and thinkers. Jim also hosts his own podcast called Infinite Loops ...
Feb 17, 2026•1 hr 2 min•Ep. 359
Today’s guest on The Long View is Sara Devereux . Sara is the Chief Investment Officer of Vanguard Capital Management and Global Head of Fixed Income . She oversees the investment professionals responsible for portfolio management, trading, and research for Vanguard’s internally managed fixed-income funds and ETFs, including actively managed bond and money market portfolios and bond index portfolios. Before joining Vanguard in 2019, Sara was a partner at Goldman Sachs, where she spent over 20 ye...
Feb 10, 2026•56 min•Ep. 358
Our guest on the podcast today is Sally Balch Hurme . Sally is the author of Checklist for My Family: A Guide to My History, Financial Plans and Final Wishes , as well as several other books. She worked at AARP for 23 years and has written more than 20 law review articles on topics related to elder law. She has also served on the boards of the National Guardianship Association and the Center for Guardianship Certification, where she helped develop standards for guardians and reform guardianship ...
Feb 03, 2026•51 min•Ep. 357
Our guest on the podcast today is Leyla Kunimoto. Leyla is the founder and editor of Accredited Investor Insights , a newsletter that helps investors navigate private markets. She writes about private equity, private credit, and real estate, focusing on the practical realities of evaluating alternative investments from the limited partner perspective. Leyla began investing in public markets in 2001 and expanded into private markets in 2020, with current holdings spanning public equities, real es...
Jan 27, 2026•53 min•Ep. 356
Our guests on the podcast today are Cody Garrett and Sean Mullaney. They’re both advice-only financial planners, and they’re the co-authors of a new book called Tax Planning To and Through Early Retirement . Cody is a certified financial planner and the founder of Measure Twice Money, where he helped DIY investors make informed decisions aligned with their values. He also leads Measure Twice Planners, which is an educational community for financial planners. Sean Mullaney is a certified public a...
Jan 20, 2026•56 min•Ep. 355
Background Bio Articles and Papers Discussed “ The Theory Behind the Age-Related Positivity Effect ,” Andrew Reed and Laura Carstensen, NIH.gov, Sept. 27, 2012. “ Investing Without Blind Spots ,” Better Vantage podcast, Nov. 12, 2025. “ Out of Sight, Out of Market: The IRA Cash Drag ,” by Andy Reed et al., Vanguard.com, Sept. 5, 2024. “ Advisors and Investors Split on Inflation, Bond Views ,” by Xiao Xu and Andy Reed, Vanguard.com, Sept. 12, 2025. “ Stress, Debt, and the Power of Planning ,” by ...
Jan 13, 2026•57 min•Ep. 354
Today on the podcast we welcome back Cullen Roche. He has a new book out called Your Perfect Portfolio: The Ultimate Guide to Using the World’s Most Powerful Investment Strategies . Cullen is also the founder and chief investment officer of Discipline Funds, and he heads up Orcam Group, a registered investment advisory firm he established in 2012. Cullen started his career as an advisor at Merrill Lynch and worked at an event-driven hedge fund before starting his RIA firm. He received his bachel...
Jan 06, 2026•59 min•Ep. 353
Hi and welcome to The Long View . I’m Christine Benz, director of personal finance and retirement planning for Morningstar. On this week’s episode, we will feature some of our favorite clips from interviews we have done with financial planners, advisors, and retirement researchers over the past year. It’s a counterpart to a previously released “Best Of” episode that was all about investing. As usual, we delved into the topic of psychology and money, and the importance of tuning out the noise if ...
Dec 30, 2025•33 min•Ep. 352
Hi, and welcome to The Long View . I’m Dan Lefkovitz, strategist for Morningstar Indexes. In this episode, we’ll share some of our favorite clips from 2025 interviews with portfolio managers, economists, and investment researchers. It’s a companion to Christine Benz’s “Best Of” episode featuring highlights from conversations with financial planners, advisors, and retirement researchers. We’ll begin with some prescient words from Hendrik du Toit, co-founder of global investment manager, Ninety On...
Dec 23, 2025•51 min•Ep. 351
Our guest on the podcast today is Lyle Fitterer, a senior portfolio manager and co-lead on the municipal bond sector for Baird Advisors. He has 36 years of experience managing bond portfolios. Prior to joining Baird in 2019, he served as the co-head of global fixed income and the head of the municipal fixed income team as Wells Fargo Asset Management. Lyle obtained his undergraduate degree in accounting from the University of North Dakota. He earned the chartered financial analyst designation in...
Dec 16, 2025•57 min•Ep. 350
Our guest on the podcast today is Joy Loverde. Joy is the author of Who Will Take Care Of Me When I’m Old? and The Complete Eldercare Planner . She also gives keynotes and workshops on aging and eldercare to many different types of organizations. In addition, she serves as a consultant to senior housing providers, HR professionals, attorneys, financial planners, clergy, and other members of the eldercare industry. She has also been a family caregiver to family and friends. Background Bio Who Wil...
Dec 09, 2025•52 min•Ep. 349
Our guest on the podcast today is Mark Higgins. Mark serves as senior vice president for IFA Institutional, where he specializes in providing advisory services to institutional plans such as endowments, foundations, pension plans, defined-contribution plans, and various corporate plans. He’s the author of Investing in US Financial History: Understanding the Past to Forecast the Future . Mark graduated from Georgetown University, Phi Beta Kappa, and Magna Cum Laude with a bachelor’s degree in Eng...
Dec 02, 2025•52 min•Ep. 348
Today on The Long View, we’re featuring an episode from another Morningstar podcast, The Morning Filter , which you can subscribe to on Apple podcasts or wherever you get your podcasts. In this special episode of The Morning Filter podcast, co-host Susan Dziubinski sits down with Morningstar columnist Dan Lefkovitz to take a deep dive into dividend stock investing today. They discuss what’s caused U.S. dividend stocks to lag this year while international dividend stocks have outperformed. Tune i...
Dec 01, 2025•26 min
Our guest this week is our colleague, Eric Jacobson. Eric is a senior principal for fixed-income strategies on Morningstar’s Manager Research team. He focuses on a variety of taxable, tax-exempt, and nontraditional managed strategies. He covers some of the key asset managers, he publishes thought leadership, and he is a member of the Morningstar Medalist Ratings Committee. Eric joined Morningstar in 1995 as a closed-end fund analyst and also had a stint on Morningstar Indexes, where he helped la...
Nov 25, 2025•52 min•Ep. 347
Our guest on the podcast today is Dan Haylett, who’s the author of a new book called The Retirement You Didn’t See Coming . Dan is a financial planner and head of growth for TFP Financial Planning based in the UK. Dan focuses on financial planning, retirement planning, and life planning for people over age 50. He also hosts a podcast called Humans vs. Retirement that is centered on the behavioral aspects of retirement. Prior to joining TFP, Dan occupied several positions in the asset management ...
Nov 18, 2025•55 min•Ep. 346
