Your Money Manual With Vince Annable

If you'd like to watch the video version of this episode, simply click over to our YouTube channel. If you like us, click the Subscribe button! There is a difference, believe it or not, in the level of wealth management that the super rich pay for and receive and the level of wealth management that most average affluent investors receive. However, that's beginning to change. On this final segment of our 5-part series with Russ Alan Prince on building Your Optimal Financial World, you'll learn... 1) What elite wealth planning is. (02:42) 2) Why elite wealth planning is so uncommon, and why it isn't offered by more advisors. (05:20) 3) How critical the "Human Element" is to elite wealth planning. (07:40) 4) About the relationship between elite wealth planning, wealth management, and the virtual family office. (10:35) 5) The role that stress testing plays in elite wealth management. (14:07) Elite Wealth Planning—something that may have only been available to the richest people among us a few years ago is more

If you'd like to watch the video version of this episode, check us out on YouTube here and subscribe to our channel! ​If you’re building your Optimal Financial World, you’ll want to consider a stress test—for your money. It's what the super and ultra rich do frequently to help them prior to making important financial decisions that could impact their overall wealth planning strategy. What is a financial stress test, who needs it, and why is it important? In this 4th part of a 5-part series of discussions, host Vince Annable talks with renowned consultant to the super rich and private family offices, Russ Alan Prince, to help you understand key concepts that may help you to enjoy a fulfilling lifestyle as you build the financially secure future you desire. In this episode, you'll learn: 1) What a financial stress test is and what it's designed to do. (03:05) 2) How common stress testing really is. (04:35) 3) What the different types of financial and legal stress testing are. (06:43) 4) Other matters the rich

You can also check out the video version of this podcast on our YouTube Channel! As residential real estate continues to hold its own throughout the pandemic-drive recession, what about commercial real estate? As an investor should you consider adding this alternative investment right now as a diversifier in your portfolio? Who better to ask than a nearly 40-year expert in the sector? On this segment of Your Money Manual, host Vince Annable welcomes William A. Shopoff, founder and CEO of Shopoff Realty Investments to discuss the current state of commercial real estate and the future prospects for the sector. On this episode of Your Money Manual, you'll learn: 1. Why investors should consider adding non-residential real estate to their portfolio when there's so much uncertainty about the economy. (03:18) 2. What it means to repurpose land and reposition assets and why that's advantageous to investors. (06:22) 3. With the pandemic creating some greater economic challenges for everyone including a number of re

In the part 4 of our a 5-part series on building Your Optimal Financial World, Vince Annable and Russ Alan Prince continue their conversation about the Virtual Family Office (VFO) and discuss the benefits of VFOs to the average wealthy investor. Remember, compared to the traditional single family office of the past, individual investors or families no longer need a minimum of $150 million to qualify for such a high level of service. VFOs are springing up all over the country to help investors of "average wealth" better manage their wealth and essential strategic financial decisions. Vince Annable is the CEO of Wealth Strategies Advisory Group and Creator and CEO of The Household Endowment Model®, while Russ Alan Prince is a consultant to the Super Rich, family offices, and select fast-tracking entrepreneurs, in addition to being the author or co-author of over 60 books including the latest release, Everyone Wins!  On this episode of Your Money Manual with Vince Annable, you'll learn: A review of

When it comes to investing, your money doesn't come with instructions, so our goal here is to educate and inform you on a variety of wealth management topics to help you make important decisions when it comes to your assets. If you like what you hear, please subscribe to our feed! After their pandemic-fueled plunge, stocks have for the most-part recovered, and now that the economy is slowly opening back up, where do we go from here? Paul Dietrich, noted CNBC and FOX Business contributor and Chief Investment Strategist at B Riley Wealth Management shares his views with Vince Annable on this special edition of Your Money Manual. On this episode of our podcast you'll learn: 1) Why the stock market has remained so optimistic and how investors should analyze what's happening (02:56) 2) About the mindsets involved in reopening the economy vs. the importance of protect the public's health, and how the experts are addressing both concerns (09:15) 3) The potential short and long-term impacts of the coronavirus pandemi

In the second of our a 5-part series on building Your Optimal Financial World, Vince Annable and Russ Alan Prince begin a multi-part discussion of the Virtual Family Office. No longer must individual investors or families need a minimum of $150 million to qualify for the elite level of service that the old Single (or Private) Family Offices required. Virtual Family Offices (VFO's) are springing up all over the country to help investors of "average wealth" better manage their wealth and essential strategic financial decisions.   As you may know, Vince Annable is the CEO of Wealth Strategies Advisory Group and Creator and CEO of The Household Endowment Model®. For his part, Russ Alan Prince is a consultant to the Super Rich, family offices, and select fast-tracking entrepreneurs, in addition to being the author or co-author of over 60 books including the latest release, Everyone Wins!  On this episode of Your Money Manual with Vince Annable, you'll learn:   1. What a traditional single family off

The world of private equity continues to open up to more regular investors, with opportunities in industries poised for long-term growth.  You’re about to find out what one of those industries is as you learn more about PE in general  Host Vince Annable speaks with Brian Buehler, Principal and Board Member of Tasty Brands LP about this trending investment topic.  On this edition of the program, you'll learn:   1) The important differences for investors between private equity vs public securities and private equity's increasing availability to investors. (Timestamp 02:13)   2) Some of the ways that investors can participate in private equity. (Timestamp 03:15)   3) Why the restaurant sector is gaining in popularity among private equity firms and the types of restaurants that are benefiting in particular. (Timestamp 05:16)   4) How private equity firms create value for their investors. (Timestamp 06:57)   5) How involved the guest's firm is in managing the properties it i

Are you doing everything you can to create Your Optimal Financial World? In the first of a 5-part series, Host Vince Annable and his special guest, Russ Alan Prince, share some ideas from Mr. Prince's new book, Everyone Wins!, that may help you build the success and financial well-being you’re striving to achieve. As you may know, Vince Annable is the CEO of Wealth Strategies Advisory Group and Creator and CEO of The Household Endowment Model®. For his part, Russ Alan Prince is a consultant to the Super Rich, family offices, and select fast-tracking entrepreneurs, in addition to being the author or co-author of over 60 books including the latest release, Everyone Wins! How You Can Enhance and Optimize Business Relationships Just Like Ultra-Wealthy Entrepreneurs. On this episode of Your Money Manual with Vince Annable, you'll learn: 1, How the lessons wealthy business owners can teach us about building relationships can apply to you even if you're not an entrepreneur, a CEO, or a high-powered sales executive.

Unlike the "retirement homes" of old, baby-boomers today have more choices than our grandparents did when it comes to deciding on a desirable residence they can live out--and enjoy--the rest of their lives.  Today's senior housing developments offer residents resort-like amenities.  Moreover, they offer investors with a unique opportunity for portfolio diversification in a real estate sector that is exploding nationwide.  To fill you in with the details that matter, Vince Annable speaks with senior housing development expert, Robert Bourne, Founder and CEO of Bourne Financial Group.

After a tremendous amount of planning, research, some late nights, and thousands of cups of espresso, Vince's book, The Household Endowment Model--Wealth Planning for Affluent Families, has been released to a fair amount of acclaim, becoming a Best Seller on Amazon in its first 2 weeks.  On this edition of YMM, Vince gives you a preview of the book by discussing a few of its focal points, while emphasizing its practical application for wealthy investors who wish to optimize their wealth management pursuits.

Most of us have dreamt at one time or another (likely when we were younger!) about having such a well-rewarded life that we had staff to look after our every need.  In reality, those wealthy individuals among us with net worths in the hundreds of millions of dollars are able to afford a team--or family office--to manage all of their financial affairs.  The question is, why are the benefits of a family office not available to other affluent investors who may not fall into the "super-rich" category?  Believe it or not, they are.  On this edition of "Your Money Manual," Vince talks about why a virtual family office may be right for you.

After decades of reliance on the Middle East and other foreign suppliers to meet our nation’s tremendous appetite for gas and oil, the U.S. has quickly emerged as one of the world’s top producers of these commodities bringing the country closer to the goal of complete energy independence.  Private energy companies are stepping up to play a large role in this resurgence, and that’s creating opportunities for investors to play their own important part in shaping America’s energy future, particularly where natural gas is concerned.  On this edition of Your Money Manual, Vince Annable welcomes Michael Knapp, President of MDS Energy Development, to talk about the growth of America’s natural gas industry and the key drivers of investment that could help to power its growth and sustainability well into the future.

You may have a very carefully-crafted estate plan that includes a well-detailed trust, but that same trust may include inconsistent language that may make it difficult to properly transfer your assets to your heirs according to your wishes when you’re gone. On this edition of “Your Money Manual,” host Vince Annable welcomes estate planning attorney, J. Alan Soelberg who’ll discuss the problem of improper titling of assets along with other common issues and what you can do to correct them before it’s too late.

In our follow-up discussion to our recent chat with Arthur Levine, we dig deeper to find out why private equity and private debt are two of the most significant components of the U.S. economy.  We also discuss the reason why private equity provides investors with significant opportunities to diversify their portfolios which is particularly important during late market cycles. Dana Goldstein, Levine Leichtman Capital Partners’ Managing Director of Client Relations joins Vince Annable to address the key takeaways from this subject.  Both Vince and Dana will also preview an important wealth planning event coming up Scottsdale. 

You may have read or heard us talk about how private equity is becoming more attractive to high net worth investors looking to protect their portfolios against risk in public markets.  Today we'll revisit the topic of private equity's role in The Household Endowment Model®. Also, our guest will help us to understand how not all private equity firms are alike. Vince welcomes innovative PE veteran, Arthur Levine, Co-founder of Levine Leichtman Capital Partners to discuss how his firm approaches investing and how it manages to set itself apart in the ever-growing private equity industry.

Have you or someone you know ever attempted to sell an asset, and it wasn’t worth what you thought—or hoped—it was, so you put off the sale, but the asset continued to decline in value?  Did you get angry and eventually sell the asset at a loss, or did you hold on to the asset with the idea that its value would eventually increase again, but instead continued to decline?  ​ On this edition of "Your Money Manual," Vince Annable welcomes Robert Ambrosi, Chairman and CEO of ARCTRUST to talk about why investors often hesitate to sell their investments.  He’ll help us all to understand the important concept of intrinsic value as well as some guidelines that his firm uses to help determine the possible future value of an asset prior to making important investment decisions.  In addition, Vince and Mr. Ambrosi will shed some important light on another key concept—replacement cost—and why it should be an important consideration for investors when considering a real estate purchase. 

Most people are familiar with the term SEO, or have at least read it in the context of information pertaining to websites. Just as SEO--short for "search engine optimization"--is essential toward helping a business get noticed by potential customers on the internet, financial optimization can be critical toward helping you achieve your financial goals.  However, how exactly are you able to determine whether your life is financially optimized?  Glad you asked!  Vince Annable has devised a pop quiz to help you understand whether you're optimized or not, so sharpen your pencil, and listen intently with your thinking cap firmly on! 

​If you’re a regular consumer of financial news and daily market reports, chances are you’re starting to hear the prognosticators talk about warning signs on the horizon for the economy.  On this edition of “Your Money Manual,” Vince welcomes frequent CNBC and FOX Business contributor, Paul Dietrich, CEO of Fairfax Global Markets, to discuss his long-range view of the economy and his perspective on how close we may be to the next bear market phase. Also, Mr. Dietrich will share his thoughts on the power of 5G technology and how it has the potential to change the economy and lives around the world.  

On this edition of "Your Money Manual," Vince Annable moves his ongoing conversation about alternative investments to the hospitality sector and why one class of hotel properties in particular offers some intriguing reasons for investors to consider this type of opportunity as part of a well-diversified strategy.  To gain more insight into the subject, Vince welcomes Mr. Greg Friedman, Managing Principal and CEO of Peachtree Hotel Group.