The COVID-19 crisis exposed an already dire problem – families could not come up with money for unexpected expenses, such as replacing a flat tire or repairing a busted pipe. As such, many advisors have been reemphasizing the importance of optionality and financial wellness to help their clients and communities properly prepare for these unpredictable emergencies.
Peter Welsh joins the podcast to discuss the importance of having a dedicated plan in place for dealing with unexpected expenses. Plus, he also discusses how his team has developed an after-tax emergency savings plan that starts in the workplace through paycheck deduction.
For full show notes and links mentioned in this episode, visit http://bmogam.com/betterconversations.
128 4 enduring principles for the road ahead
127 Investor archetypes: Matching communications to client personalities
126 How to navigate changes in a retirement plan
125 When is Medicare right for me?
124 Managing money together: The importance of financial conversations in relationships
123 Building better client experiences
122 Referrals: The Holy Grail of Growth
121 Intersecting life and money: Advanced care planning
120 Advisor sponsored events in a post-pandemic world
119 Can I invest my IRA in this?
118 Winning more of your boardroom presentations
116 Adapting to the changing landscape of income
115 A year like no other: The best learnings from 2020
114 Framing an ESG conversation with your clients
113 Unlocking your vision for success
112 Real financial advice: Being a guide in a changing landscape
111 Help needed: Hiring an executive assistant
110 Five steps to effective communication
109 Navigating family dynamics: Multigenerational wealth
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