Estate Planning Law and Financial Planning: Crushing Professional Services (with Victor Medina) | Ep. 14

Victor Medina joins Larry Port to share his journey from a "baby 22-year-old" with a psychology degree to a dual-certified attorney and financial advisor. Victor explains how a direct conversation with his wife pushed him toward law school and why he eventually walked away from a high-paying job at a large firm to start his own practice. He discusses the reality of working in professional services: it is not just about spreadsheets or legal briefs.

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Victor and Larry discuss the future of the industry, specifically how artificial intelligence and technology will impact legal and financial careers. Victor argues that technology is an augmentation tool rather than a replacement. He also breaks down his specific hiring philosophy for young professionals. Victor prioritizes character and culture over competence because he believes technical skills can always be trained.

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Guest Bio

Victor Medina is the Managing Partner of Medina Law Group and the Founder and Chief Executive Officer of Palante Wealth Advisors. Based in Pennington, New Jersey, he holds designations as a Certified Elder Law Attorney (CELA®) and a CERTIFIED FINANCIAL PLANNER™ (CFP®). Victor focuses on helping people lead a great life in retirement by coordinating income, investments, taxes, and estate planning. He is also the host of Retirease Radio.

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What We Cover

1. Victor describes his role as a "founder" and "Chief Excitement Officer" across his companies.
2. The story of how Victor's wife convinced him to go to law school so people would take him seriously.
3. Why Victor left a prestigious "big law" job after missing Thanksgiving with his family.
4. The transition from practicing school law to estate planning and eventually adding financial services.
5. How technology and AI will force professionals to deliver higher value and move away from the billable hour.
6. The two types of people who succeed in this field are those who love numbers and those with high human empathy.
7. Why Victor believes you should never join the legal or financial profession solely for the money.
8. Victor's "Three Cs" of hiring: Character, Culture, and Competence.

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Resources Mentioned

1. Medina Law Group
2. Palante Wealth Advisors