For many young adults and new parents, getting their savings or investment plans started can feel intimidating. Despite all the information available online, most don't realize that setting aside small amounts early—$25 a week or $100 a month—can grow into a lifetime of financial security through the power of compound interest.

In today's episode, SHP's VP of Advisory Solutions, Nick Nelson, is back to explain why building strong saving habits early makes a huge difference later in life. He details simple steps for young savers, how low-cost index funds help, and why consistency beats market timing for long-term success.

In this conversation, you'll also learn the best vehicles for helping children build long-term wealth—from 529 plans and UTMAs to custodial Roth IRAs—and how families can begin meaningful, healthy conversations around money. They also discussed other important topics, such as when a young investor may need an advisor, how to create financial goals effectively, and why a simple, consistent plan can make early savers dramatically more successful over a lifetime.

In this podcast interview, you'll learn:

• Why starting your savings plans early—even with small amounts—creates extraordinary long-term advantages.
• How compound interest can turn $100 or $250 per month into millions over a lifetime.
• The best accounts for young savers, including 401(k)s, Roth IRAs, brokerage accounts.
• How parents and grandparents can use 529 plans, UTMAs, and custodial Roth IRAs to help with their children's education costs.
• Why timing the market is a losing game and what young investors should do instead.
• How to keep investing simple by using low-cost index funds and long-term discipline.
• When a young investor may need a financial advisor and when they might not.

Want the Full Show Notes?

To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast

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For many investors approaching or navigating retirement, the world of private markets can feel intimidating. Over the past 30 years, the number of public companies in the capital markets has declined by 30% while private markets have grown at the same rate. This means failing to understand the rapidly growing asset class of private markets and alternatives could mean missing opportunities for diversification, income, and potential returns in retirement.

In this episode, we're welcoming Jon Diorio, Head of Alternatives for BlackRock's U.S. wealth management business. Jon shares valuable insights into the massive shift in capital markets and explains why private equity, private credit, and other alternative investments are becoming increasingly relevant for everyday investors—not just institutions.

In this conversation, Jon breaks down the trends driving private market growth, the different types of alternative investments investors should have on their radar, how new product structures have improved accessibility, and what today's retirees should know before considering alternatives and private markets in their portfolios.

In this podcast interview, you'll learn:

• Why private companies now outnumber public companies and what that means for diversification.
• How private credit has surged as banks retreat from lending.
• The benefits and tradeoffs of new "evergreen" and semi-liquid fund structures.
• Why due diligence, liquidity awareness, and manager selection matter in alternatives.
• How BlackRock's HDMA framework (Hedge, Diversify, Modify, Amplify) helps identify the right type of alternative investment for your goals.
• What investors should know before adding private equity or private credit to their retirement plan.

Want the Full Show Notes?

To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast

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For many families, estate planning creates a feeling of anxiety, which is a big reason why they put it off for another day. From probate costs to nursing home spend-downs, failing to plan can leave loved ones vulnerable to unnecessary taxes, legal fees, and stress.

In this episode, SHP's Laura Russo is joined by returning guest Attorney David Chaves to share actionable tips and strategies for reducing estate taxes. Dave discusses how his real-life experiences shaped his commitment to helping families secure their financial futures and preserve what they've worked for.

Together, they unpack the differences between revocable and irrevocable trusts, how often an estate plan should be updated, and effective ways to reduce your estate's value through gifting and education savings.

Whether you're protecting a family home or simply hoping to pass more to your loved ones, this episode will give you the clarity to take action now—before it's too late.

In this podcast interview, you'll learn:

• Why wills often guarantee probate and how trusts can help your family avoid it.
• The key differences between revocable and irrevocable trusts.
• How the Massachusetts estate tax exemption has changed and what it means going forward.
• The benefits of A-B trusts and how they preserve more of your wealth.
• How Charitable Remainder Trusts and gifting strategies can reduce taxes while building your legacy.

Want the Full Show Notes?

To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast

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