Brian teaches us a good life lesson about paying your dues on time... If he had taken his own advice, he could have saved $8,000! Last Saturday, he was joined by fellow advisor Nic Daniels and attorney Steve Rausch to discuss the trickiness of filing taxes and the potential penalties for mistakes. Does Brian have a claim to avoid that large IRS penalty? The topic of timeshares also comes up, raising the question: How do you get out of it?

In a more serious tone, they discuss the Corporate Transparency Act, legislation that would require millions of LLCs across the country to file an extra form in the name of preventing money laundering. How will this be enforced for small businesses? Because a $500/day late fine can easily become unpayable. They question the government's understanding of the underlying issue and whether they truly believe this is a quick fix.

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https://www.therealmoneypros.com

Hosts:

Brian Wiley, Financial Advisor

Nic Daniels, BFA™, Financial Advisor

Steve Rausch, Senior Attorney, Gravis Law

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SPONSORS:

Guild Mortgage:

https://guildmortgage.com

Ataraxis PEO

https://ataraxispeo.com

Tree City Advisors of Apollon:

https://www.treecityadvisors.com

Apollon Wealth Management:

https://apollonwealthmanagement.com/

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Brian Wiley broadcasts from the suburbs of Chicago with fellow advisor, Ben Barzideh with Piershale Financial Group to dive deep into the world of investment methodologies, market volatility, retirement planning, and active money management. In this episode, they explore various investment approaches—from buy-and-hold to tactical strategies—highlighting the benefits, drawbacks, and considerations for retirees and pre-retirees. Discover the challenges retirees face amidst market fluctuations, the emotional impact of significant losses, and the importance of tailored retirement plans.

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https://www.therealmoneypros.com

https://www.piershalefinancial.com

Hosts:

Brian Wiley, Financial Advisor

Ben Barzideh, ChFC® , RFC®

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SPONSORS:

Guild Mortgage:

https://guildmortgage.com

Ataraxis PEO

https://ataraxispeo.com/offer

Tree City Advisors of Apollon:

https://www.treecityadvisors.com

Apollon Wealth Management:

https://apollonwealthmanagement.com/

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This past weekend, we welcomed fellow advisors and radio show hosts from Piershale Financial Group, based in Illinois. We began with advice on Social Security planning, discussing optimal benefit ages based on pension income, IRAs, and Roth conversions. We cautioned against over-reliance on pre-tax retirement accounts, advocating for diversification with Roth IRAs and taxable investments. Tax considerations were highlighted, focusing on managing brackets through strategies like Roth conversions.

In the second hour, the team delved into the importance of strategic planning for Social Security benefits. They covered optimal claiming ages, spousal benefits, survivor benefits, and the benefits of delaying until age 70 for growth. Additionally, they touched on tax efficiency in retirement, emphasizing Roth conversions, bracket management, and the impact of required minimum distributions. The conversation centered on Social Security benefits, discussing eligibility, taxation, and maximizing strategies, along with understanding the tax implications of retirement income sources such as pensions and investments.

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https://www.therealmoneypros.com

Guests:

Michael (Mike) Piershale, ChFC® , RFC®

Matt Nadeau, CFA, RFC®

Hosts:

Brian Wiley, Financial Advisor

Jeremiah Bates, Financial Advisor

Alex Lundgren, RSSA®, AIF®, Financial Advisor

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SPONSORS:

Guild Mortgage:

https://guildmortgage.com

Ataraxis PEO

https://ataraxispeo.com/offer

Tree City Advisors of Apollon:

https://www.treecityadvisors.com

Apollon Wealth Management:

https://apollonwealthmanagement.com/

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Do you ever look at your yearly premiums paid for insurance and wonder why you even pay that much for something that may never happen? But what if it does? Brian and Jeremiah talk about risk management, but not the kind you mitigate within your investment portfolio. They discuss the importance of life insurance, explain the differences between whole and term life policies, and give real-world examples of why our families absolutely need it. Plus, as we all start to finish up our taxes, they make a point as to why it's probably worth it to pay a tax preparer. Why? The same reason you may need an advisor.

Listen, Watch, Subscribe, Ask!

https://www.therealmoneypros.com

Hosts:

Brian Wiley, Financial Advisor

Jeremiah Bates, Financial Advisor

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SPONSORS:

Guild Mortgage:

https://branches.guildmortgage.com/id/meridian/dave-perry-835-hpdpe.html?utm_source=radio&utm_medium=description&utm_campaign=sponsor

Ataraxis PEO

https://ataraxispeo.com/offer

Tree City Advisors of Apollon:

https://www.treecityadvisors.com

Apollon Wealth Management:

https://apollonwealthmanagement.com/

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In this Easter day show, Brian dives into the nuanced world of financial advising, focusing on the hurdles advisors encounter when approaching sensitive subjects with clients. He shares his personal experiences and insights on how advisors should navigate discussions about retirement risks, overspending, and faulty investment strategies. The roles of financial advisors reach far beyond asset management, as they need to manage the expectations of their clients and address their emotional responses. How deep does the relationship with your advisor run?

Listen, Watch, Subscribe, Ask!

https://www.therealmoneypros.com

Host:

Brian Wiley, Financial Advisor

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SPONSORS:

Guild Mortgage:

https://branches.guildmortgage.com/id/meridian/dave-perry-835-hpdpe.html?utm_source=radio&utm_medium=description&utm_campaign=sponsor

Ataraxis PEO

https://ataraxispeo.com/offer

Tree City Advisors of Apollon:

https://www.treecityadvisors.com

Apollon Wealth Management:

https://apollonwealthmanagement.com/

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Are you invested the right way? And we’re not talking about the actual investments that you hold, but rather the things that you do BEFORE you even invest a dollar. Brian and Jeremiah, focus on being tax-efficient, implementing insurance, and diversifying account titles. The key to successful wealth management is making sure all sides of the circle are perfectly balanced. Client cases, goal-based planning, cash-flow planning, and more!

Watch, Subscribe, Ask!

https://www.therealmoneypros.com

Guest:

Dave Perry, Guild Mortgage

Hosts:

Brian Wiley, Financial Advisor

Jeremiah Bates, Financial Advisor

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SPONSORS:

Guild Mortgage:

https://branches.guildmortgage.com/id/meridian/dave-perry-835-hpdpe.html?utm_source=radio&utm_medium=description&utm_campaign=sponsor

Ataraxis PEO

https://ataraxispeo.com/offer

Tree City Advisors of Apollon:

https://www.treecityadvisors.com

Apollon Wealth Management:

https://apollonwealthmanagement.com/

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This show focuses on the major news surrounding the litigation involving the NAR, the National Association of Realtors. If you’re unsure of what exactly is going on, we have Steve Rausch, an attorney with Gravis Law, explain what the class action lawsuit is and what it could mean for the NAR. Are 6% commissions fair for consumers to pay? We discuss our opinions and take calls from current and retired real estate agents to hear their perspectives. Our financial industry has set a fiduciary standard – should it apply to real estate as well?

Watch, Subscribe, Ask!

https://www.therealmoneypros.com

Hosts:

Brian Wiley, Financial Advisor

Jeremiah Bates, Financial Advisor

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SPONSORS:

Guild Mortgage:

https://branches.guildmortgage.com/id/meridian/dave-perry-835-hpdpe.html?utm_source=radio&utm_medium=description&utm_campaign=sponsor

Ataraxis PEO

https://ataraxispeo.com/offer

Tree City Advisors of Apollon:

https://www.treecityadvisors.com

Apollon Wealth Management:

https://apollonwealthmanagement.com/

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The rise in interest rates has already started to slow. In turn, we’ve seen an increase in home listings, but can buyers even afford the mortgages? Dave Perry with Guild Mortgage (formerly Academy Mortgage) joins the show to help talk about credit scores and how they are evaluated when applying for a mortgage. Can you still get a home with a low credit score? You might not be dinged as much as you used to.

We then talk about death, a topic we don’t like to talk about, but one we should always be planning for. What you should have in your “binder” and common holes in people’s financial plans that absolutely need to be filled. Do you need a will, trust, or both? We answer those questions.

Watch, Subscribe, Ask!

https://www.therealmoneypros.com

Guest:

Dave Perry, Guild Mortgage

Hosts:

Brian Wiley, Financial Advisor

Nic Daniels, BFA™, Financial Advisor

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SPONSORS:

Guild Mortgage:

https://www.guildmortgage.com

Ataraxis PEO

https://ataraxispeo.com/offer

Tree City Advisors of Apollon:

https://www.treecityadvisors.com

Apollon Wealth Management:

https://apollonwealthmanagement.com/

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