“Bridging the Gap: The Vital Intersection of Healthcare and Financial Planning” with Christine Simone - Episode #20 of NAPFA Nation
Release Date: 08/13/2024
Leveling Up: Scott Levin on Lifelong Learning, Leadership, and Community at NAPFA – Episode #30 of NAPFA Nation
NAPFA Nation Podcast
In Episode #30 of NAPFA Nation, host speaks with , Financial Advisor and Senior Estate Planning Specialist at Wescott Financial Group. Levin shares his passion for lifelong learning, the value of advanced education, and the importance of networking within the fee-only financial planning community. The duo discusses upcoming NAPFA conferences, which are designed to offer a wide range of educational content, from beginner to advanced topics, and enhanced networking opportunities. Levin explains how these events help advisors stay current, share best practices, and build professional...
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Empowering Change: Daphne Jordan on DEIB, Education, and Inclusive Financial Planning – Episode #29 of NAPFA Nation
NAPFA Nation Podcast
In Episode #29 of NAPFA Nation, host speaks with , Partner and Senior Wealth Advisor at . Jordan discusses the importance of education as a transformative tool and shares insights into her experiences with diversity, equity, inclusion, and belonging (DEIB) in the industry, including her role in creating the NAPFA Diversity, Equity, and Inclusion Initiative, which highlights the necessity of creating a more inclusive financial planning environment. She also shares how her childhood understanding of money and education influences the advisor that she is now, and how she explores financial...
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Defending Fiduciary Integrity: Knut Rostad on SEC Challenges, the Fiduciary Standard, and NAPFA's Essential Role – Episode #28 of NAPFA Nation
NAPFA Nation Podcast
In Episode #28 of NAPFA Nation, host speaks with , MBA, President at . Rostad discusses why he believes the fiduciary standard is dying at the SEC and what fee-only fiduciary advisors can do to protect it, a topic he explored in his NAPFA article: . He underscores the importance of understanding the history of fee-only financial advisory and investment management and how NAPFA members uphold the fiduciary standard. He also shares why he is looking forward to the 2025 NAPFA Spring Conference, happening on May 7-10, 2025, in Phoenix, and more great insights. In a nutshell: The...
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Strength in Community: Joni Alt on NAPFA’s Impact, Communication, and Fiduciary Commitment – Episode #27 of NAPFA Nation
NAPFA Nation Podcast
In Episode #27 of NAPFA Nation, host speaks with , Senior Wealth Advisor at Evermay Wealth Management. Alt is also a long-time NAPFA volunteer and NAPFA National Board Member. Alt discusses the happening May 7-10, 2025 in Phoenix, how the conference planning team crafts the agenda for the event, determines its educational value, and builds community for all involved. Alt shares why she joined NAPFA 15 years ago – and why she continues to be a member. She also talks about the fiduciary standard, effective communication and education, and the importance of making a difference in other...
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Unlocking Tax Insights for Smarter Financial Planning: Kevin Knull, CFP® on IRS Data, Fraud Prevention, and Organic Growth – Episode #26 of NAPFA Nation
NAPFA Nation Podcast
In Episode #26 of NAPFA Nation, host speaks with , President of , about the critical role of IRS data in financial planning. They explore how real-time access to tax information can help advisors deliver more accurate, proactive, and scalable advice. Knull discusses how advisors can uncover hidden opportunities, prevent costly tax mistakes, and enhance client outcomes by leveraging complete tax records. He shares real-world examples, including a client who unknowingly missed out on significant tax savings and how advisors can differentiate themselves in an increasingly competitive landscape....
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The Future of Fiduciary Advice: Bob Veres on AI, Growth, and Client Relationships – Episode #25 of NAPFA Nation
NAPFA Nation Podcast
In Episode #25 of NAPFA Nation, host speaks with , Publisher of and co-producer of . The conversation focuses on the latest trends for fiduciary advisors and their clients. Veres shares some AI use cases for financial professionals and the potential SEC response. He discusses new automation that advisory firms are experiencing and the changes they may implement to grow effectively and focus on client services. Veres also shares how some advisors are revolutionizing the process behind client relationships. He tells the story of a fiduciary advisor who utilized a creative marketing strategy...
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Women and Wealth: Empowering Women, Community, and the Fiduciary Standard with Bridget Venus Grimes – Episode #24 of NAPFA Nation
NAPFA Nation Podcast
In Episode #24 of NAPFA Nation, host speaks with Bridget Venus Grimes, CFP®, President of and Co-Founder of . The conversation focuses on Grimes’s expertise and passion for empowering women through financial education. Grimes shares the story and motivation behind launching her RIA firm, WealthChoice, as well as Equita Financial Network, a network and platform built for women-led and independently owned fee-only firms, discussing how she manages the capacity and growth of those companies. She emphasizes the value of a good community for success and discusses her experience as a CFP board...
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Inclusivity in Finance: Empowering Women and LGBTQ+ Communities with Jennifer and Lisa Dazols – Episode #23 of NAPFA Nation
NAPFA Nation Podcast
In Episode #23 of NAPFA Nation, host speaks with Jennifer Dazols, CFP®, Founder and Lead Financial Planner, and Lisa Dazols, Head of Operations at . The conversation focuses on the Dazols' journey and motivation for creating Modern Family Finance. Their fee-only financial planning company focuses on typically underserved and underrepresented communities: women and LGBTQ+ individuals. Learn about their passion project, the documentary , which showcases inspiring “Supergays” making impactful contributions across the globe, and their educational guides made in partnership with the . The...
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First-Generation Wealth Creators: Build a Better Financial Future with Luis Rosa – Episode #22 of NAPFA Nation
NAPFA Nation Podcast
In Episode #22 of NAPFA Nation, host speaks with , founder of Build a Better Financial Future. The discussion revolves around empowering first-generation wealth creators, particularly immigrants or children of immigrants, who often face challenges related to financial literacy and family obligations. Rosa highlights the significance of understanding client struggles such as “success guilt” and “lifestyle creep,” advocating for a hands-on, holistic financial planning approach that prioritizes clarity and simplicity. He outlines essential milestones in financial management, such as home...
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“Planning for Two Retirements: Challenges and Solutions for Special Needs Families” with Britta Koepf - Episode #21 of NAPFA Nation
NAPFA Nation Podcast
In Episode #21 of NAPFA Nation, host interviews , founder of Tranquil Path Financial Planning. The discussion begins with Koepf’s background and motivations for establishing her financial advisory practice, focusing on the unique challenges faced by families planning for the financial futures of both aging parents and their differently-abled children. Key topics include the importance of legacy planning, the use of special needs trusts and ABLE accounts, and the financial advisor’s role as an intermediary between clients and legal professionals. She also shares her retainer-based fee...
info_outlineIn Episode #20 of NAPFA Nation, Christine Simone, founder and CEO of healthcare software company Caribou, and host Marie Swift delve into the vital intersection of healthcare and financial planning. As they explore the significance of healthcare in financial strategies, especially during pivotal life events like retirement, divorce, and job changes, Simone emphasizes the need for advisors to be well-informed about health plan options and Medicare. The conversation highlights the complexities of Medicare, advocating for advisors to initiate discussions with clients at least a year before they reach 65. With a focus on enhancing advisors' educational resources, the episode also teases a resource to help advisors with crucial information for navigating healthcare options: the upcoming Survival Guide for Open Enrollment, set to launch in November. The discussion includes an introduction to Caribou’s healthcare planning software, designed to bridge the gap in comprehensive financial tools addressing healthcare costs.
In a nutshell:
- The Medicare decision-making process can be complicated
- Software can decision-making for health plan selection and Medicare options
- Retirement is a common life event where healthcare is discussed
- Early retirement (before 65) poses challenges due to high insurance costs
- Advisors need education on health plan options and Medicare
- Holistic financial practitioners are now including additional aspects in financial plans
- The latest T3/Inside Information survey shows growth in estate and tax planning software adoption
- Beware the risks of outsourcing to insurance agents who may not present all options
Learn more about Caribou’s mission and health care planning software at www.CaribouWealth.com.
Special Note: In 2023, we rebranded the NAPFA podcast with a new album cover and series title: NAPFA Nation. We are shifting our monthly episodes to bring you inspiring conversations and key insights from leaders in the Fee-Only financial planning profession. Marie Swift, Founder and CEO of Impact Communications, will continue on as host, interviewing a variety of NAPFA members and professionals. You will still be able to find on this channel the 32 Mindset Mastery episodes with respected fiduciary financial planners and allied advocates who are committed to accomplishing great things as they master their own mindset and continue to serve their clients in the best ways possible.
Brought to you by NAPFA - the National Association of Personal Financial Advisors - the country’s leading professional association of Fee-Only financial advisors. Learn more about NAPFA at https://www.NAPFA.org.