Category: Investing

DNU
Defined Outcome Investing By Using Structured Notes With Jason Barsema (Ep.14)

Defined Outcome Investing By Using Structured Notes With Jason Barsema (Ep.14)

By |

Structured notes have sometimes been perceived as investments for only the rich and wealthy. 

Now with the competitive marketplace, financial advisors have access to low-cost, accessible structured notes that offer investment solutions any individual investor can access.

In the episode, Jason Barsema, CEO of Halo Investing, discusses the details of structured notes, when to use structured notes and how using a platform like Halo investing for structured notes is a great option for investors seeking alternative solutions.

Jason discusses:

  • How Halo Investing helps advisors with structured notes
  • Ways advisors can use the Halo platform
  • The pros and cons of using structured products
  • The basics of understanding structured notes
  • How structured notes fit into a modern portfolio
  • And more

Resources:

Connect with McGovern Wealth Group:

Connect with Jason Barsema:

About Our Guest:

Jason Barsema is the Co-Founder and President of Halo Investing where he leads the team and product vision. With over a decade of experience managing Structured Notes, he built the Halo platform to provide all investors access to this incredible investment product. Jason previously was a Partner on a large Private Banking team at Credit Suisse, where he managed portfolios for Ultra High Net Worth Individuals and Institutions. Jason has his B.A. in Economics from Northern Illinois University and his M.B.A. from the Kellogg School of Management at Northwestern University.

Podcast: Play in new window | Download (Duration: 49:57 — 45.7MB) | Embed

Subscribe: RSS | More

DNU
Are You Successful, But Not Fulfilled? With Emily Melious (Ep.13)

Are You Successful, But Not Fulfilled? With Emily Melious (Ep.13)

By |

1 in 3 workers are willing to consider a lower paying job if it was a more fulfilling job. It can be nearly impossible to be fulfilled in your life if you are not fulfilled at work. 

In this episode, Emily Melious, CEO and fulfillment coach at Launch Consulting, discusses why fulfillment equals the alignment of your unique skills, passions, and talents. She shares how The Career Navigator Program helps mid-career professionals and high achievers make a job transition to find fulfillment in their work.

 Emily discusses:

  • Why success doesn’t always equal fulfillment
  • The three part proven fulfillment formula™️
  • Why traditional career advice leaves you unfulfilled
  • Why it’s almost impossible to be fulfilled in life if you are not fulfilled at work
  • And more

Resources:

Connect With McGovern Wealth Group:

Connect With Emily Melious:

About Our Guest:

Emily Melious is the CEO and fulfillment coach at Launch Consulting. Emily helps high achieving mid-career professionals create energizing, satisfying, and fulfilling careers. She’s a certified Kolby consultant at SHRM-SCP and she’s the creator of the 3 part proven fulfillment formula™️.

Podcast: Play in new window | Download (Duration: 42:39 — 39.0MB) | Embed

Subscribe: RSS | More

DNU
Debunking Social Security Myths With Elaine Floyd, CFP® (Ep.12)

Debunking Social Security Myths With Elaine Floyd, CFP® (Ep.12)

By |

Are you properly claiming your Social Security benefits?

Most people don’t put enough careful thought into Social Security claims and this mistake can leave you with a reduced retirement income.

In this episode, Jim McGovern talks with Elaine Floyd, CFP®, and author of Savvy Social Security Planning For Boomers. She debunks some of the most common myths about Social Security and shares effective methods that maximize retirement income. 

Elaine discusses:

  • Why you shouldn’t bank on the fear of Social Security cuts 
  • How retirement income for Social Security is calculated and how you can maximize that income
  • Why higher earning spouses should claim at age 70 to maximize the survivor benefit
  • Why retirees should consider auxiliary benefits if they become widowed or divorced 
  • And more

Resources:

Connect with McGovern Wealth Group:

Connect With Elaine Floyd:

About Our Guest:

Elaine Floyd, CFP® is the director of retirement and life planning at Horsesmouth, a New York-based company that helps financial advisors develop business, advise clients, and manage their practices. She is the author of Savvy Social Security Planning for Boomers and Savvy Medicare Planning for Boomers, two comprehensive training programs designed to educate financial advisors on the important government benefits available to clients when they retire. After 20 years as an independent financial writer of books, articles, and white papers for the financial services industry, she joined Horsesmouth in 2008. Elaine is an authority on Social Security rules and strategies as a result of her intense interest in the subject and analysis of hundreds of cases which have been brought to her by Savvy Social Security Planning program subscribers. Floyd has been quoted in The Wall Street Journal, U.S. News and World Report, Kiplinger’s Retirement Report, and Robert Powell’s Retirement Weekly. 

 

Podcast: Play in new window | Download (Duration: 35:31 — 32.5MB) | Embed

Subscribe: RSS | More

DNU
How to Protect, Grow and Exit Your Company (Ep.11)

How to Protect, Grow and Exit Your Company (Ep.11)

By |

During the life of a business whether it be a company that is big or small, business owners put in long hours, wear different hats, and are pulled in different directions with no shortage of stress.

In this episode, Jim McGovern talks about a clear path to follow so you can protect the company you have built, position this company for growth in the future, and exit the company on your own terms.

Jim discusses:

  • The differences between small businesses and public traded companies
  • The importance of the transferable value of your company
  • Protection in place to keep cash flow coming in the door
  • How retention incentives can help you reach business objectives
  • And more

Resources:

Connect with McGovern Wealth Group:

Podcast: Play in new window | Download (Duration: 33:37 — 30.8MB) | Embed

Subscribe: RSS | More

DNU
The Fundamentals Of Investing (Ep.10)

The Fundamentals Of Investing (Ep.10)

By |

Do you know what ingredients are in your investment portfolio, the recipe being used and why?

Do you know how markets work, the factors that influence your long-term returns, and what to expect out of your portfolio based on how it’s designed? Without an intuitive and logical framework to follow, investing can be confusing, intimidating, and frustrating. It doesn’t have to be that way.

In this episode, Jim McGovern outlines the fundamentals of investing and what most investors don’t know about building an efficient portfolio. He provides jargon free answers to common investment questions and breaks down investing into 3 easy to understand steps.

Jim discusses:

  • Four investment factors that can impact returns over time
  • How to calculate investment risk so you know what to expect as an investor
  • Investing strategies to help you understand why you’re investing in certain types of stocks or bonds
  • How to invest with confidence
  • And more

 Resources:

 Connect with McGovern Wealth Group:

Podcast: Play in new window | Download (Duration: 42:41 — 39.1MB) | Embed

Subscribe: RSS | More

DNU
Protecting Your Cash Flow (Ep.9)

Protecting Your Cash Flow (Ep.9)

By |

One of the most important financial resources that you have is cash flow. We use cash flow to determine how to spend, save and plan our money for the future. 

What happens to you when your cash flow stops as a result of a health-related matter?

In this episode of Maximizing Outcomes, Jim McGovern discusses health-related issues that may stop you from earning a pay check. He also discusses why your employer’s insurance coverage doesn’t completely protect you. 

Jim discusses:

  • What disability insurance is and how it works
  • The reasons why you could stop earning a pay check
  • The two types of disability insurance
  •  Why your employer’s insurance doesn’t completely cover you
  • And more

Resources:

Connect with McGovern Wealth Group:

Podcast: Play in new window | Download (Duration: 34:09 — 46.9MB) | Embed

Subscribe: RSS | More

DNU
The Importance Of A Will, Trust, and Power of Attorney with Brooke McMorrow (Ep.8)

The Importance Of A Will, Trust, and Power of Attorney with Brooke McMorrow (Ep.8)

By |

What would happen to your estate if you were to pass away tomorrow?

Do you have a will in place for your family? States such as Pennsylvania cannot guarantee that the spouse of a deceased person will inherit 100% of the money when there isn’t a will in place.

In this episode, Jim McGovern talks with Brooke McMorrow, a business owner and attorney from McMorrow Law, LLC. They explore why you should develop a will and establish your power of attorney no matter what age you are.

Brooke discusses:

  • What an estate plan is and how you can start creating yours
  • Why you should have a power of attorney no matter your age
  • What happens when you or one of your family members passes away without a will
  • What a revocable living trust is and how it benefits you and your family
  • And more

Resources:

Connect with McGovern Wealth Group:

Connect with Brooke McMorrow:

About Our Guest:

Attorney McMorrow strives to change the stereotypes that people have about attorneys by returning phone calls in a timely manner and above all, listening to the client and providing affordable and knowledgeable legal advice in a comfortable setting.  Brooke McMorrow is licensed to practice law in both Pennsylvania and New York. As a member of the Collaborative Law Association of Southwestern Pennsylvania, Attorney McMorrow is trained in collaborative law.

Podcast: Play in new window | Download (Duration: 44:03 — 40.3MB) | Embed

Subscribe: RSS | More

DNU
Financial Advice For Parents of Children with Special Needs with Judy Herron, CPA (Ep.7)

Financial Advice For Parents of Children with Special Needs with Judy Herron, CPA (Ep.7)

By |

Every child is going to need different quantities of support from their parents.

How can you establish and navigate the support systems that your child requires?

In this episode, Jim McGovern talks with Judy Herron, CPA to discuss her story of raising her son Chaz and how she became proactive in creating his financial future, finding him support systems, and finding the right opportunities for someone who is ‘differently abled’.

Judy discusses:

  • How her work as an experienced CPA impacts small businesses 
  • What impact her son Chaz has had on her professional and personal life
  • What questions she asked herself early on about her disabled son’s future and how they helped curate his financial plan
  • Financial planning tips for parents with disabled children
  • And more

Resources:

Connect with McGovern Wealth Group:

Connect with Judy Herron:

About Our Guest:

Start-up or established company, your financial information is essential for managing business performance. It’s always better to be clear on your financial position, and Judith can help you get there. Work with Judith to sharpen your focus on data that makes you an agile decision maker.



Podcast: Play in new window | Download (Duration: 41:35 — 38.1MB) | Embed

Subscribe: RSS | More

DNU
Supporting Children With Special Needs With Mike Magulick (Ep.6)

Supporting Children With Special Needs With Mike Magulick (Ep.6)

By |

Everyone wants what’s best for their children even if they need a little extra support whether it be financially or emotionally. 

In this episode, Mike Magulick, co-founder and president of the board for the Miracle League of Moon Township, discusses his family’s story of raising and financially preparing for their child with disabilities and how this experience changed him personally.

Mike discusses:

  • His personal life story about his son’s illness at birth
  • The journey to find expertise about his son’s rare condition
  • How he is financially preparing for the future of his child with disabilities
  • The Miracle League of Moon Township and what they provide for the community
  • And more

Resources:

Connect With McGovern Wealth Group:

Connect With Mike Magulick:

About Our Guest:

Mike Magulick is a commercial banker with 27 years of experience. He is the co-founder and president of the board for the Miracle League of Moon Township. He is a commercial banker for one of the larger banks in Pittsburgh and is here to share his personal story.



Podcast: Play in new window | Download (Duration: 39:02 — 53.6MB) | Embed

Subscribe: RSS | More

DNU
The Landscape of Special Education With Dr. Jessica Hall-Wirth (Ep.5)

The Landscape of Special Education With Dr. Jessica Hall-Wirth (Ep.5)

By |

Navigating the education system is completely different when you have a child with special needs, but just because it’s different doesn’t mean it has to be any more complicated.

In this episode of Maximizing Outcomes, Jim McGovern talks with Dr. Hall-Wirth, an assistant professor at Slippery Rock University in West Pennsylvania. Dr. Jessica Hall-Wirth outlines the evolving landscape of special education and explains the resources available for your child with special needs to pursue not only an education, but a career.

Jessica discusses:

  • The landscape of special education at Slippery Rock University and the career resources available
  • What inspired her to choose a career in special education
  • An overview of the educational programs available to children with special education
  • The process of obtaining an individualized education program for your child during different stages of education
  • And more

Resources:

Connect With McGovern Wealth Group:

Connect With Dr. Jessica Hall-Wirth:

About Our Guest:

Jessica is an assistant professor of special education at Slippery Rock University located in Western Pennsylvania.



Podcast: Play in new window | Download (Duration: 30:29 — 41.9MB) | Embed

Subscribe: RSS | More