Greg is back to dismantle one of the most widely accepted yet dangerously outdated retirement concepts: the 4% rule.
In this episode, Greg DuPont shares his research and frustrations that made him question why many advisors still cling to outdated income planning assumptions that could jeopardize retirement outcomes. From the origins of the 4% rule to today’s evolving withdrawal realities, Greg explains why “just pulling 4%” is not a strategy and what proactive advisors and consumers should be doing instead.
Greg discusses:
Why the 4% rule is more folklore than fact in today’s environment
How the sequence of return risk and market cycles can complicate distribution planning
The real cost of fees and taxes when using this outdated rule
Smarter strategies to build flexible, reliable retirement income
Are you ready to dive into the world of alternative investments? In this episode of the March to a Million podcast, Greg DuPont is joined by Shana Sissel, known as the “Queen of Alts,” to explore how innovative platforms like Shana’s Banrion Capital are revolutionizing investment opportunities for financial advisors.
Greg and Shana delve into the evolving landscape of alternative investments, breaking down barriers that have kept many advisors—and their clients—out of this space. They discuss the importance of integrating diversified investment options into portfolios to better serve clients’ needs. With Shana’s insight, you’ll learn about the exciting potential of alternative investments to provide uniqueness and impact in ways traditional investments cannot.
Tune in to discover:
(02:15) How Banrion Capital is changing advisor access to alternative investments
(15:24) The importance of building better client-advisor relationships through tailored investment strategies
(19:39) The role of alternative investments as a diversification tool
(27:00) Greg’s strategic vision for empowering advisors through holistic financial solutions
And more
Join Greg and Shana in unraveling the complexities of alts to find new opportunities that align with clients’ financial and personal goals.
For two decades Shana Orczyk Sissel has climbed the ladder of the financial services industry. As Founder & Chief Executive Officer of Banríon Capital Management Shana helps financial advisors navigate the complex world of alternative investing, assisting with investment platform development, alternatives in portfolio construction and developing best practice in alternative investment due diligence.
Dubbed the “Queen of Alternatives” by her peers. Shana is a sought-after speaker & media contributor, appearing frequently at industry events and on major financial news outlets like CNBC, Fox Business Network, Bloomberg, Yahoo Finance, Reuters and the Schwab Network.
Shana has maintained fierce, outspoken advocacy for her fellow women in finance for the duration of her career — acting as a mentor for many other young women navigating the battlefield of a male-dominated industry. Having overcome many obstacles to achieve success in her own career, she leverages her personal social media following to speak out for the recognition and support of women in her field. As a member of Women in ETFs, Shana has become a spokesperson for their Speaker’s Bureau, with the goal of improving public representation of females in industry-oriented events and conferences, as well as in financial media.
The financial world is abuzz with debates and discussions, but one question looms large: Is the stock market nothing more than a sophisticated Ponzi scheme?
This week on the March to a Million podcast, Greg DuPont explores the controversial comparison of the stock market’s operations to a typical Ponzi scheme, giving you the official definition of a Ponzi scheme to compare and contrast how the behaviors relate to the current market. He also discusses what these implications mean for investors and the legal profession.
Greg discusses:
The legitimacy of the stock market’s operations, likening it to a Ponzi scheme and expressing concerns over its sustainability
The current financial guidance system, emphasizing the need for attorneys to understand and break the cycle of what he perceives as a flawed system
The commoditization of investment advice and how it affects consumer choices and the industry at large
The impending wealth transfer from baby boomers and its potential impact on the stock market’s stability
The fee structures in financial services and whether they truly serve the best interests of clients
How attorneys can break the cycle of poor financial guidance and better serve their clients
In the face of impending market changes, how can families plan to safeguard their financial future?
In this episode of March to a Million, Greg DuPont explores the urgent need for a seismic shift in how we perceive financial planning and the crucial role attorneys play in this transformation. He digs into the pressing issues facing the financial market and the impending changes that could reshape our financial futures.
Greg discusses:
His epiphany about the future of the market and its impact on his clients
The significance of the 100th anniversary of the Great Depression in relation to current market conditions
Strategies for protecting family wealth, including offloading risk and exploring alternative investments
The role of insurance companies in providing stability during economic downturns
The potential of Bitcoin and real estate as alternative investment options
The importance of guaranteed income and the dangers of forced asset liquidation during market crashes
Roles that attorneys play in financial advocacy to protect clients’ interests in a comprehensive manner
Debt is one of the biggest challenges facing many people today.
It can limit your choices, reduce your savings, and stress you out.
But what if there was a way to get rid of your debt faster and easier than you ever thought possible?
This week, Greg DuPont is joined by Adam Carroll, Professional Speaker & Founder of The Shred Method, to explore how the Shred Method can help achieve debt freedom in 3 to 7 years. They emphasize the importance of financial discipline and managing discretionary income to accelerate debt repayment, not just for mortgages but also for other loans. Adam also highlights the support provided by his team, making it easy for estate planning attorneys to implement this method for their clients.
Adam discusses:
The Shred Method as a unique tool for achieving debt freedom within 3 to 7 years
How to use money more effectively through the Shred Method
The effectiveness of leveraging a home equity line of credit to pay off mortgage
The ideal prospects for the Shred Method
The simplicity of the Shred Method and the role of his team in guiding clients through the assessment process
The effectiveness of the Shred Method in tackling student loan debt and its role in building equity
Adam Carroll has decades of experience working with families and business owners who are interested in creating massive efficiencies when it comes to their income and wealth building capacity. With an unwavering commitment to helping people make the most of the money they make, while limiting risk, reducing tax liabilities, and increasing liquidity, Adam Carroll has spent 15 years helping people do more with the money they make. He is an internationally recognized financial literacy expert, author of three Amazon best-sellers, a two-time TED talk speaker with over 6 million views on YouTube and TED.com, and is the creator of the Broke, Busted & Disgusted documentary which aired on CNBC and is shown in hundreds of high schools and colleges across the country. He is the host of the Build A Bigger Life podcast, the curator of MasteryOfMoney.com and founder of The Shred Method™.
Over the last 14 episodes of the March to a Million podcast, we have shared a significant amount of valuable information about the Wealth Solutions Network and how attorneys can play a vital role in their client’s financial well-being.
Today, we do a recap of all these details and more!
In this episode, Greg DuPont recaps the key points and greatest hits of previous shows. He touches on the birth of the Wealth Solutions Network and the six pillars that form its foundation. Additionally, Greg shares a success story and describes the ideal member for WSN.
Greg discusses:
The genesis of his idea to positively impact 1 million lives by creating an army of financially minded attorneys
The six pillars that form the foundation of the Wealth Solutions Network and how they work together to provide solutions
The upcoming transfer of wealth and how estate planning attorneys can play a crucial role in this process
A success story of how he helped a client inherit a significant amount of wealth and retire comfortably, highlighting the effectiveness of the system
The ideal candidate for joining the Wealth Solutions Network
His goal for the Founders Club and the purpose of stress testing and establishing proof of concept
Choosing the right index for your investment goals can be a daunting task, especially when there are millions of options available.
How do you know which one is best suited for your risk tolerance, time horizon, and expected returns? How do you evaluate the performance and design of different indexes and ETFs?
These are some of the questions that many investors face when they enter the world of index-linked products.
In this episode, Greg DuPont chats with Laurence Black, Founder of The Index Standard®, a company that rates and evaluates ETFs and indices used in the insurance and structured product space. They explore the challenge of choosing the right index among the many available and the importance of forward-looking due diligence. Laurence emphasizes the need for diversification and preparing for unforeseen events in the investment world.
Together they discuss:
The importance of taking a forward-looking approach when choosing an index
The Index Standard’s three-step forecasting process
The significance of diversification in dealing with unknown risks and protecting oneself in the investment world
The benefits of exchange traded funds (ETFs) compared to mutual funds
How The Index Standard evaluates and categorizes the largest index-linked ETFs based on their robustness and design
The valuable insights you’ll gain from the training with Laurence, simplifying the complexity of insurance indices for informed decision-making
Laurence Black is the founder of The Index Standard® and an index advisor to Robert J. Shiller, Sterling Professor of Economics at Yale University.
Before founding The Index Standard®, Laurence was Managing Director and Head of Quantitative Indices and Strategies at Barclays, where he oversaw the development of the Barclays index family. In addition to designing some of the first smart beta/factor indices, Laurence spearheaded Barclays’ index partnerships with Professors Robert Shiller and Nouriel Roubini, as well as Novus Partners.
Before Barclays, Laurence was Head of Indices at ABN AMRO in London, where he successfully launched indices with well-known investors such as Jim Rogers and Joel Greenblatt. Before ABN AMRO, Laurence worked at Lehman Brothers, Deutsche Bank, and Credit Suisse.
Laurence holds an MBA from the University of Warwick and a Bachelor’s degree from the University of Cape Town. When not thinking about financial matters, he can mostly be found on a tennis court.
Switching the mindset from selling to influencing is a game-changer.
The top advisors in the financial industry don’t sell – they let people come in pre-sold.
This approach helps build trust and, eventually, strong relationships with clients.
What steps can estate planning attorneys take to become more influential with their clients?
In this episode, Greg DuPont and Matt Halloran share the sixth pillar of financial advocacy: Mindset with a shift into the importance of being influential. They explore the art of influence over sales and the importance and power of effective listening as attorneys. Greg and Matt also delve into building trust and the importance of authenticity and humility.
Greg and Matt discuss:
How top advisors focus on building influence rather than selling
Greg’s journey of transitioning from using convincing arguments to being more influential
The need for experts to present their views in an easily understandable way for people to accept
The difference between sales and influence
The importance of stepping into your authority and using a humble approach to build trust in professional relationships
The challenge of gaining trust as a financial advisor in a world of readily available information and the importance of providing insight over opinion
Safeguarding assets and ensuring their seamless transition to future generations has never been more crucial.
That is where the role played by estate planning attorneys becomes more important than ever.
In this episode, Greg DuPont explores the fifth pillar of financial advocacy: Wealth Transfer. He emphasizes the importance of attorneys in preserving, protecting, and transferring assets, particularly in the face of potential wealth confiscation. Greg also touches on the need for attorneys to help with tax planning and protection against market losses, and the value of life insurance.
Greg discusses:
The role of estate planning attorneys in wealth transfer
The potential confiscation of wealth and the need for attorneys to be the last line of defense in protecting and preserving assets
Roth conversions, market loss protection, and the value of life insurance as a way to help clients preserve and protect their assets
The three secrets of wealth transfer
A case study demonstrating the value of proactive estate planning and highlighting the importance of being a true advocate for clients
