The Perry Richey Group Podcast

On the final Advisor Roundtable of 2023, the Advisor team discusses our outlook for 2024, our favorite Charlie Munger quotes, and some year-end gifting reminders.

On this month's Advisor Roundtable, Drew, Shawn, Josh, and Andrew provide an update on the 401(k) contribution limits just announced for 2024, recap the Federal Reserve's meeting last week, and provide an update on the market.

In this episode Josh and Drew sit down in the Bowling Green office with Donald Rissmiller.  Listen in as they discuss the current economy, the likelihood of a recession, the "last mile" of Fed tightening, and the global economic impact of the events in Israel.

In this episode the Advisor Team discusses year end planning opportunities, upcoming events, and breaks down the current capital market environment and what it means to you!  

On this month's Advisor Roundtable, The Perry Richey Group advisor team provides an update on the market, talks about the resumption of student loans, and discusses the upcoming Federal Reserve meeting.

"When should I draw Social Security?" is a common question that we get while working through retirement income planning for clients. On this episode, Andrew Boyles and Brooke Cassady discuss what goes into calculating your benefit, who is affected by your social security benefit, and the cost of drawing early versus the benefit of delaying.

On this month's Advisor Roundtable, Shawn, Josh, and Andrew provide a market update and discuss the emergence of Artificial Intelligence into mainstream society.

On this month's Advisor Roundtable, your Perry Richey Group Advisor Team sits down to recap the first half of 2023 in the markets. We provide an update on the capital markets and the recent student loan announcement that was just made by the Supreme Court.

Brooke Cassady and Claire Wilson discuss steps to take during a career transition including severance packages, retirement benefit options, and insurance options.

The Advisor Team discusses upcoming events, alternative investment ideas, debt ceiling, and interest rate environment.

Investors should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. This and other information about the fund can be found in the prospectus or summary prospectus. A prospectus or summary prospectus may be obtained from your financial advisor or the fund website and should be read carefully before investing.

Annuities carry unique risks including market risk, investment risk and claims paying abilities of the insurer. There may also be instances where a contact will pay out less than the premiums paid or expire within the lifetime of the insured. There may be penalties for early withdrawal and they are not insured by the FDIC because they are insurance, not an investment. Certificates of Deposit (CDs) carry investment risk but are generally considered safer than most investments because of FDIC insurance and predictable returns. Additionally, it is important to review the differences between bank issued and brokered CDs including holding period and complexity.

Brooke Cassady and Claire Wilson are joined by Tina Downing of Russell Investments to discuss women and investing. We debunk myths, discuss how finances look different for women and advice on how to take control of your financial future.

On this month's Advisor Roundtable, The Perry Richey Group Advisor team discusses the upcoming Fed Announcement and questions around the looming debt ceiling in Washington D.C.

On part two of our Investing 101 Education Series, Josh and Andrew talk about how to better understand the various risks associated with investing and the role diversification plays in investing.

Diversification and asset allocation do not ensure a profit or protect against loss.

On this month's Advisor Roundtable, we kick off Financial Literacy Month with a reminder about the Southern Kentucky Financial Literacy Symposium that our team is hosting. We also provide an update on the markets as we wrapped up the first quarter of 2023.

Southern Kentucky Financial Literacy Symposium Link

https://theperryricheygroup.bairdwealth.com/southern-kentucky-financial-literacy-symposium

On this episode, Josh and Andrew sit down and discuss the basics of investing. As more and more Americans have access to investments there has been a lack of education on how investing works. What are stocks, bonds, and mutual funds? What is an asset class and why should I know what it is? Josh and Andrew answer all these questions and more.

On this month's Advisor Roundtable the Perry Richey Group are talking about the importance of Financial Literacy, how the market is reacting to the current interest rate environment, and some timeless wisdom from Warren Buffett's annual letter to Berkshire Hathaway's shareholders.

On this episode, the Perry Richey Group Advisor Team gets together to talk about the collapse of Silicon Valley Bank over the weekend and what Baird clients need to know about it.

With Wisdom being one of the core values of The Perry Richey Group, the Advisor Team sits down to reflect on some of the lessons that we learned over 2022 in our personal and professional lives, and our plans for personal development in 2023.

On this month's Advisor Roundtable, the Perry Richey Group advisor team provides an update on the market and holds a round-robin discussion about the #1 topic that each advisor is currently reviewing with clients during review meetings.

The SECURE 2.0 Act of 2022 provided a number of improvements for individual investors, but many of the new laws affected qualified retirement plans such as 401(k) and SIMPLE IRA plans. On this episode, Drew and Andrew discuss a few of the main provisions that Retirement Plan Sponsors should know about.

Just before the new year turned, Congress passed one final piece of legislation that included over 4,000 pages of text. Included in this legislation was Secure 2.0, a follow up to the Secure Act passed in late 2019 to provide flexibility around retirement savings and withdrawals. On this episode, Brooke Cassady and Andrew Boyles sit down to highlight some of the major provisions that investors should be aware of.

On the first  Roundtable of 2023, the Perry Richey Group advisors highlight the recent passed SECURE Act 2.0, several upcoming events for clients to be aware of and an update on the capital markets as we head into 2023.

On this episode, The Perry Richey Group Advisor team wraps up the 2022 Roundtable Series by highlighting the upcoming Fed Meeting, and Implications of the November Midterm Elections, and discussing topics to consult with your CPA or tax advisor on before the end of the year.

Shawn interviews Bryan Lewis, President, and CEO of Hope House Ministries in Bowling Green, KY, where they talk about the mission of Hope House, the Perry Richey Group’s partnership, and the Affordable Christmas toy drive.

On this month's Advisor Roundtable, we discuss the recent announcement of important figures for 2023, including retirement plan contribution limits, Social Security and Medicare premium adjustments, along with annual gifting limits. We also touch on the November Fed announcement and what investors will be looking for during the announcement.

On this month's Advisor Roundtable, The Perry Richey Group Advisors sit down to give an update on what's going on in the capital markets, and a few updates related to technology for existing Baird clients.

In this episode, Savannah York speaks with Lisa North about ways to prevent Identity Theft. Lisa explains what to do if you are a victim and she provides us with many practical tips we can all do to be safer on a daily basis.

In the September Advisor Roundtable, the advisor team discusses the recent Student Debt Relief program, upcoming mid-term elections, and economic data to watch.

In this episode, Drew Richey and Brooke Cassady discuss the recent announcement of the student debt relief plan.  They discuss who it applies to, how it may impact the economy, and what it means for our clients.

“When your values are clear to you, making decisions becomes easier” – Roy Disney
 

When you find the right fit, you will feel confident, comfortable, and connected with who you choose to serve you and the plan they have helped you build. By understanding the basics of the Financial Services Industry and becoming clear on your minimum values and standards hiring a Financial Advisor you can take ownership to make the best decision for you and your family.

Does the Financial Advisor or Wealth Management Team you’re interviewing have a Core Value Approach to Wealth Management? A comprehensive and ongoing wealth management experience can be categorized into four main core values: Wisdom, Discipline, Humility, and Transparency. Using these core values, we developed the Advisor Interview Questionnaire to provide a framework and questions for your interviews.

On this month's Advisor Roundtable, the Perry Richey Group Advisor team introduces the newest member of our team, Brooke Cassady. You'll also hear an update on what's going on in the capital markets, as well as an overview of a bill, The Inflation Reduction Act of 2022, that is currently going through Congress.

Before meeting with or interviewing a Financial Advisor there’s steps you can take to confirm that a Financial Advisor provides the engagement that you are seeking and meets YOUR minimum standards. We have identified the Five Minimum Standards that you should set for yourself which are: Education, Background Check, Services Offered, Practice Profile, and Cost. Understanding these will allow you to narrow your search and make the most of your time.

Most people are left frustrated and wonder why hiring a Financial Advisor has to be so complicated. There’s a wide range of individuals that call themselves "Financial Advisors" but not all work under the same standard of care and work in your best interest. You must know the right questions to ask, what to look for, and what your options are. We want to empower and equip you to take ownership over the process of hiring YOUR Financial Advisor.

On this month's Advisor Roundtable, the Perry Richey Advisor Team talks through what a recession means for the U.S. economy, the upcoming mid-term elections, and introduces our newest team member, Claire Wilson.

Listen in as Drew Richey and Shawn Perry are interviewed by Baird Strategist, Michael Antonelli, to kick off our five-part series about our new book, Finding Your Financial Advisor. 

Michael Antonelli, a PWM Market Strategist with Baird, returns as a guest to The Perry Richey Group Podcast to talk about Behavioral Finance. After earning an Analytic Finance MBA at the University of Chicago, Michael found that the while formulas and investment strategies are helpful, they don’t adequately help answer the most common questions investors ask or change their behavior. Shawn and Michael talk through the role that psychology and behavior plays in investing.

1:15 – What is behavioral finance?

5:00 – ‘Do the average thing’

8:30 – The hardest thing about compounding interest: A bad 4 months feels worse than a good 4 years.

Books Referenced in this Episode: