Tag: Portfolio Solutions

FEATURE - use this one
Financial Security: The Main Thing of Finance, Part 2

Financial Security: The Main Thing of Finance, Part 2

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

Can financial security lead to true prosperity?

In this episode, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines picks up where he left off in the last episode about the main thing, financial security, and expands on it to include financial prosperity. He defines prosperity as thriving in life and being successful in various aspects, not just economically, and emphasizes that financial security allows individuals to take risks and meet their priorities. Kirk advises that in the face of financial insecurity, one should revisit their wealth plan and work with a financial advisor. He also stresses the importance of regularly reviewing and adjusting the wealth plan.

Kirk’s key takeaways: 

  • What  is prosperity and its relationship with financial security
  • How determination to make a difference can lead to resilience in the face of obstacles
  • Main traits and behaviors of a wealthy person with prosperity 
  • How to adjust your wealth plan when problems arise, causing financial insecurity
  • And more

Resources:

Connect with Geoff Hakim: 

Connect with Kirk Loury:

About Kirk Loury: 

Kirk provides integration between MCM’s marketing, investment strategies, and implementation. He is also a co-founder and managing member of Advisable Wealth Engines. Mr. Loury has over thirty years of experience in a variety of executive roles covering investing, marketing, and wealth-technology deployment. He has particular expertise in applying well-conceived insurance products as investments within a wealth plan to minimize portfolio volatility, deliver high tax efficiency, and meet multi-generational income goals. While having experience with institutional investors, Mr. Loury’s primary focus is with private wealth investors including family offices. Kirk Loury received a bachelor’s degree in marketing from the University of Colorado, Boulder, and an MBA from the Harvard Business School.

FEATURE - use this one
Financial Security: The Main Thing of Finance, Part 1

Financial Security: The Main Thing of Finance, Part 1

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

What impact does financial security have on your life, and how can you achieve it? 

Well, first we need to define it.

In this episode, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines, talks about the main thing, financial security. Kirk explains what financial security means, why it’s important to wealth planning, and highlights that it’s not just about wealth, but the freedom to focus on what’s important in life. He emphasizes the role of planning and self-discipline in achieving financial security and drops a hint of what’s to come in part 2!

Kirk goes over: 

  • Why financial security is “the main thing” and what it means
  • What makes financial security difficult to achieve
  • What successfully obtaining financial security looks like
  • Why discipline and the ability to focus on your plan is the most important part in achieving financial security
  • How to get back on track and win the battle if you become derailed
  • What the pitfalls in focusing on financial security are
  • And more

Resources:

Connect with Geoff Hakim: 

Connect with Kirk Loury:

About Kirk Loury: 

Kirk provides integration between MCM’s marketing, investment strategies, and implementation. He is also a co-founder and managing member of Advisable Wealth Engines. Mr. Loury has over thirty years of experience in a variety of executive roles covering investing, marketing, and wealth-technology deployment. He has particular expertise in applying well-conceived insurance products as investments within a wealth plan to minimize portfolio volatility, deliver high tax efficiency, and meet multi-generational income goals. While having experience with institutional investors, Mr. Loury’s primary focus is with private wealth investors including family offices. Kirk Loury received a bachelor’s degree in marketing from the University of Colorado, Boulder, and an MBA from the Harvard Business School.

FEATURE - use this one
How To Prepare For Next Year With Kirk Loury

How To Prepare For Next Year With Kirk Loury

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

2023 is coming to an end and 2024 is right around the corner! How can we prepare ourselves, our financial plans and our investment portfolios for the upcoming year?

In this episode, Kirk Loury, Portfolio Strategist at MCM and Managing Member of Advisable Wealth Enginges, talks about the various documents we need to review in order to prepare for next year. He goes over what the wealth, financial and investment plans are and explains their differences and how they work together. Kirk then dives into the top 5 priorities to focus on to actually get ready for the upcoming year by staying informed and educated about our investments and finances.

Kirk discusses: 

  • What documents we need to review to prepare for the upcoming year
  • What a wealth plan, financial plan, and investment plan are, and how they’re different
  • How wealth, financial, and investment plans work together
  • What our top 5 priorities should be to prepare for the upcoming year
  • And more

Resources:

Connect with Geoff Hakim: 

Connect with Kirk Loury:

About Kirk Loury: 

Kirk provides integration between MCM’s marketing, investment strategies, and implementation. He is also a co-founder and managing member of Advisable Wealth Engines. Mr. Loury has over thirty years of experience in a variety of executive roles covering investing, marketing, and wealth-technology deployment. He has particular expertise in applying well-conceived insurance products as investments within a wealth plan to minimize portfolio volatility, deliver high tax efficiency, and meet multi-generational income goals. While having experience with institutional investors, Mr. Loury’s primary focus is with private wealth investors including family offices. Kirk Loury received a bachelor’s degree in marketing from the University of Colorado, Boulder, and an MBA from the Harvard Business School.

FEATURE - use this one
A Guide To Selling Your Business with Jim Cascino

A Guide To Selling Your Business with Jim Cascino

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

What does the process of selling your business look like?

In this episode, Jim Casino, founder and CEO of C-Suite Advisors talks about the process of selling a business and the importance of having realistic expectations. He discusses the need for clean financials and why every business owner needs to assemble a strong advisory team of service providers such as investment bankers, brokers, M&A attorneys, and CPAs. 

Discover what it takes to sell your business as Jim details:

  • Why business owners hire C-Suite Advisors to help with selling their business
  • The type of professionals business owners may need to lean on during the sale
  • The differences between selling to management versus selling to an outside firm
  • What internal resources are necessary to be on the deal team
  • What pushes deals across the finish line to closing
  • And more

Connect with Geoff Hakim: 

Connect with Jim Cascino:

About Our Guest: 

Jim Cascino founded C-Suite Advisors because he’s passionate about business, and finds great joy in helping CEOs, senior executives, and their companies achieve full potential. He helps leaders focus on what’s most important, make better, faster decisions, and accelerate their growth. He has decades of personal experience in the C-suite to draw upon, which allows him to deliver superior advisory and guidance to driven, high-powered CEOs. Over the course of his successful career, Jim has been the CEO of 10 private and public companies, and three non-profits. Additionally, he has been President of a management consultancy specializing in turnarounds and crisis management. He has served as Chairman or Director on 12 boards and had committee leadership in Executive, Governance, Finance, Long Range Planning, Compensation, and Merger and Acquisition committees. He has also driven and participated in 15 M&A transactions (6 Buy/9 Sell). Jim’s leadership style is positive, strategic, Socratic, and results-oriented. He takes pride in helping leaders find success, regardless of the challenges they face. When it comes to give-back and other interests, Jim is an active mentor to high-tech and life science start-ups through the Arizona Commerce Authority, has worked with orphans in Africa helping create sustainable support systems, led a global medical non-profit, fundraised professionally for a White House peace initiative, and continues to work in animal rescue. He is additionally a winning competitive sailor and served as Commodore of St. Francis Yacht Club.

FEATURE - use this one
Preparing for Changes in Estate Tax Laws with Jerry Vanderzanden, CLU, ChFC

Preparing for Changes in Estate Tax Laws with Jerry Vanderzanden, CLU, ChFC

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

Are you prepared for the ticking time bomb of estate tax laws?

In this episode, Jerry Vanderzanden, CLU, ChFC, delves into his expertise in insurance planning and discusses how insurance specialists can contribute to advanced planning areas such as estate planning. He shares his advice on how investors can prepare for the upcoming changes in estate tax laws in 2026 and the importance of reevaluating estate plans to understand the implications of those potential changes.

Jerry discusses: 

  • Why he specializes in insurance and what he can do for financial advisors and their clients
  • How insurance specialists get involved in advanced planning areas like estate planning
  • What the estate planning cliff is
  • How investors can prepare for the sunsetting estate tax laws in 2026
  • And more

Connect with Geoff Hakim: 

Connect with Jerry Vanderzanden:

About Our Guest: 

Jerry Vanderzanden, CLU, ChFC is an insurance planning specialist. Prior to resuming his professional insurance solutions and consulting activities, he held executive roles at major insurance companies and senior leadership roles at a broker-dealer, a general agency, and a national insurance marketing organization covering a wide range of areas such as insurance, distribution, product management, and advanced planning.

FEATURE - use this one
Second Opinions: The Key to Financial Confidence with Robert Hoyt and Kirk Loury

Second Opinions: The Key to Financial Confidence with Robert Hoyt and Kirk Loury

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

Do financial markets and daily news headlines make you anxious? 

Do you think your portfolio and investments may be off-track?

It’s time to get a second opinion!

In this episode, Robert Hoyt, Ph.D., Principal and President of MCM Wealth, and Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines, discuss the role of portfolio second opinions in building financial confidence.

Listen as they touch on: 

  • The psychological factors behind seeking a second opinion in finance
  • Why investments should align with one’s goals and values
  • The role of technology in the analysis, monitoring, and fine-tuning of investment plans
  • How MCM Wealth’s second opinion discovery process works
  • And more

Connect with Geoff Hakim: 

Connect with Robert Hoyt:

Connect with Kirk Loury:

About Robert Hoyt: 

Robert Hoyt, Ph.D., is the Principal and President of MCM Wealth and chairs the Investment Committees for both MCM Wealth and the AMP I Fund. Dr. Hoyt began his career practicing clinical psychology while serving as an Adjunct Professor at Mount Sinai Medical School. He then worked within his family’s industrial distribution business, eventually becoming CEO and ultimately taking his business public. He became CIO of his own family office in 2000. In 2004, he also became a partner and a member of the Investment Committee of a hedge fund that made private placements in public securities (PIPES). Ten years later, he founded Blue Hall Wealth Advisors. And in 2021, after years of sharing ideas and collaborating on projects with Geoffrey Hakim, he joined Marin Capital Management. Robert received his B.A. from Sarah Lawrence College, a master’s degree from Northwestern University, and a Ph.D. in clinical psychology from Yeshiva University.

About Kirk Loury:

Kirk provides integration between MCM’s marketing, investment strategies, and implementation. He is also a co-founder and managing member of Advisable Wealth Engines. Mr. Loury has over thirty years of experience in a variety of executive roles covering investing, marketing, and wealth-technology deployment. He has particular expertise in applying well-conceived insurance products as investments within a wealth plan to minimize portfolio volatility, deliver high tax efficiency, and meet multi-generational income goals. While having experience with institutional investors, Mr. Loury’s primary focus is with private wealth investors including family offices. Kirk Loury received a bachelor’s degree in marketing from the University of Colorado, Boulder, and an MBA from the Harvard Business School.

FEATURE - use this one
The Benefits and Risks of Artificial Intelligence in Investing with Kirk Loury

The Benefits and Risks of Artificial Intelligence in Investing with Kirk Loury

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

The rise of artificial intelligence (AI) has disrupted many industries. But what role does it play in the world of finance? Can AI revolutionize investing?

In this episode, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines explores AI’s origins and advancement, its application in daily life, and the potential risks involved. He also offers his personal perspective on how AI might impact the financial services industry.

Kirk discusses: 

  • A brief overview of what AI is and how it works
  • Why leaders in AI are firm advocates of regulation and protection against the negative aspects of AI
  • A real-world example of “AI hallucinations”
  • The potential benefits of AI in the legal and investment professions
  • And more

Connect with Geoff Hakim: 

Connect with Kirk Loury:

About Our Guest: 

Kirk Loury provides integration between MCM’s marketing, investment strategies, and implementation. He is also co-founder and managing member of Advisable Wealth Engines. Mr. Loury has over thirty years experience in a variety of executive roles covering investing, marketing, and wealth-technology deployment. He has a particular expertise in applying well-conceived insurance products as investments within a wealth plan to minimize portfolio volatility, deliver high tax efficiency, and meet multi-generational income goals. While having experience with institutional investors, Mr. Loury’s primary focus is with private wealth investors including family offices. Kirk Loury received a bachelor’s degree in marketing from the University of Colorado, Boulder, and an MBA from the Harvard Business School.

FEATURE - use this one
Direct Indexing: Unlock Customization and Efficiency in Your Portfolio with Kirk Loury

Direct Indexing: Unlock Customization and Efficiency in Your Portfolio with Kirk Loury

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

Indexing can be complicated, but using direct and passive indexing strategies can help you achieve your financial goals.

In this episode, Kirk Loury, Portfolio Strategist at MCM and managing member of Advisable Wealth Engines, talks about direct indexing. He goes over the concept of indexing, the advantages of index investing, and the role of technology in managing portfolios. Kirk explains how passive investing eliminates human error and emotions, offering diversification and eliminating underperformance risk, and explores how index investing can align your investments with your wealth plan.

Kirk discusses: 

  • What is indexing and how important it is for portfolios
  • The characteristics of an investment in an index
  • The biggest advantage and disadvantages of index investing
  • Why fees are so important when thinking about index investing
  • What direct indexing is
  • How an investment theme is defined and how it relates to an investor’s wealth plan
  • How direct indexing relates to active portfolio management
  • And more

Resources:

Connect with Geoff Hakim: 

Connect with Kirk Loury:

About our Guest: 

Kirk Loury provides integration between MCM’s marketing, investment strategies, and implementation. He is also co-founder and managing member of Advisable Wealth Engines. Mr. Loury has over thirty years experience in a variety of executive roles covering investing, marketing, and wealth-technology deployment. He has a particular expertise in applying well-conceived insurance products as investments within a wealth plan to minimize portfolio volatility, deliver high tax efficiency, and meet multi-generational income goals. While having experience with institutional investors, Mr. Loury’s primary focus is with private wealth investors including family offices. Kirk Loury received a bachelor’s degree in marketing from the University of Colorado, Boulder, and an MBA from the Harvard Business School.

FEATURE - use this one
Building Portfolios That Work with Robert Hoyt, Ph.D.

Building Portfolios That Work with Robert Hoyt, Ph.D.

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

Are you tired of struggling to build a portfolio that actually works for your investment needs?

In this episode, Robert Hoyt, Ph.D., Principal and President of MCM Wealth, talks about building investment portfolios that work. He shares how his diverse experience in the financial industry and as a psychologist has had an impact on how he builds portfolios and dives into the essentials of a functional investment portfolio.

Bob discusses: 

  • How his diverse experiences as a psychologist, hedge fund manager, entrepreneur, and financial advisor have influenced his views on building portfolios that work
  • What MCM Wealth’s client discovery interview is and how it helps advisors understand what makes their clients tick
  • What freedom often looks like to investors
  • How the technology platform at MCM Wealth is different from the technology other advisors use
  • What a satellite portfolio is
  • Why someone would want a second opinion on their portfolio
  • What time horizon investing is
  • How the three buckets of investing, short-term, intermediate-term, and long-term, work
  • What precision customization is and why do we need it
  • And more

Resources:

Connect with Geoff Hakim: 

Connect with Robert Hoyt:

About our Guest: 

Robert Hoyt, Ph.D., is Principal and President of MCM Wealth and chairs the Investment Committees for both MCM Wealth and the AMP I Fund. Dr. Hoyt began his career practicing clinical psychology while serving as an Adjunct Professor at Mount Sinai medical school. He then worked within his family’s industrial distribution business, eventually becoming CEO and ultimately taking his business public. He became CIO of his own family office in 2000. In 2004, he also became a partner and a member of the Investment Committee of a hedge fund that made private placements in public securities (PIPES). Ten years later, he founded Blue Hall Wealth Advisors. And in 2021, after years of sharing ideas and collaborating on projects with Geoffrey Hakim, he joined Marin Capital Management. Robert received his B.A. from Sarah Lawrence College, a master’s degree from Northwestern University, and Ph.D. in clinical psychology from Yeshiva University.

FEATURE - use this one
Time Horizon Investing & Portfolio Construction with Kirk Loury

Time Horizon Investing & Portfolio Construction with Kirk Loury

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

What is time horizon investing and how can you implement it when constructing your investment portfolio?

In this episode, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines talks about what it means to have an investment time horizon and how to construct the portfolio.

Kirk discusses: 

  • What is time horizon investing, and the type of planning activities involved
  • Who is responsible for making investment horizons work the way they’re supposed to
  • How an investment time horizon works inside a wealth plan
  • What indicates that an investment time horizon is not working
  • How an investment time horizon works with an investment objective
  • Technology’s role in managing investment horizons and budgets
  • And more

Resources:

Connect with Geoff Hakim: 

Connect with Kirk Loury:

About our Guest: 

Kirk Loury provides integration between MCM’s marketing, investment strategies and implementation. He is also co-founder and managing member of Advisable Wealth Engines. Mr. Loury has over thirty years’ experience in a variety of executive roles covering investing, marketing, and wealth-technology deployment. He has a particular expertise in applying well-conceived insurance products as investments within a wealth plan to minimize portfolio volatility, deliver high tax efficiency, and meet multi-generational income goals. While having experience with institutional investors, Mr. Loury’s primary focus is with private wealth investors including family offices. Kirk Loury received a bachelor’s degree in marketing from the University of Colorado, Boulder, and an MBA from the Harvard Business School.