Our guests today are David Lau and Wade Pfau. These two individuals have been collaborating for quite some time to solve retirement income puzzles for investors. David has been doing it with DPL, bridging the gap between low cost insurance and Fee Only wealth management firms. On the other hand, Wade has been approaching retirement solutions from the academic lens with rigorous research.
In today’s episode, we discuss the potential blind spot in Fee-Only wealth management firms as it relates to insurance and annuities, whether insurance and investments should be comingled and the concept of the outsourced Chief Insurance Officer. We break down the cost of certain products and discuss the puzzles that David and Wade are trying to solve for retirees seeking stable income sources. We also discuss if Ken Fisher is a fiduciary, what products should exist that don’t currently exist, recreating your grandparents pension with lower cost products and whether long term care insurance products are cost efficient for retirees.
Wade will receive the award as the most resilient guest of the Investors First Podcast, as he was kind enough to join us while on a trip in Japan and even experienced two earthquakes while recording the episode.
Our host today is Steve Curley, CFA. Please enjoy the episode.
Follow CFA Society of Orlando on Twitter at @CFAOrlandoFL
Social Media:
LinkedIn Post (and Facebook):
New episode w/ David Lau, DPL & Dr. Wade Pfau, RISA, hosted by Steve Curley, CFA.
*Breaking down a commission free insurance product
*The challenges of market volatility and homemade dividends in retirement
*Credit risk associated w/ the implicit guarantee in insurance products
*Is Ken Fisher a fiduciary?
Enjoy!
Twitter Post:
New episode w/ David Lau & Dr. Wade Pfau, hosted by Steve Curley, CFA. We break down commission free insurance products for Fee-Only Advisors, the challenges of homemade dividends for retirees with total return approaches, whether Ken Fisher is a fiduciary and the concept of the Outsourced Chief Insurance Officer.
https://www.dplfp.com
https://risaprofile.com
https://retirementresearcher.com/
https://www.mcleanam.com/
https://www.theamericancollege.edu/our-people/faculty/wade-pfau
Zach Conway, Seeds Investor: ESG, Values Based Investing & Bespoke Portfolios
Andrew Beer, Dynamic Beta Investments: Replicating Hedge funds in an ETF Wrapper
KC Joyner, The Football Scientist: A Buffett/Munger Approach to Fantasy Football
Ranji Nagaswami, SVP Global: A Primer on Private Credit
Samir Vasavada, Vise: Automating Wealth Management
Eduardo Repetto: Building Better Portfolios, From Aeronautics To Avantis
Chris Arnade: Dignity: Seeking Respect in Back Row America
Rick Bookstaber, Fabric: A Framework for Risk Management from an Industry Pioneer
Roger Urwin, Willis Towers Watson - Sustainable Investing & Seeing Around Corners
Matt Brown, CAIS: A Fintech Unicorn Democratizing Alternatives & Educating/Empowering Financial Advisors.
Ben Savage, Clocktower Technology Ventures: The State of Fintech VC
Jason Zweig, The Wall Street Journal: Traders vs. Investors, “Conflict-Free” Advice & Investing Heroes
Eric Sim, Institute of Life: How a Portfolio Career & Social Capital Led to 2.8+ Million Followers
Drew Dickson, Albert Bridge Capital: Behavioral Investing, Bias-Bias, & The Intersection of Sports & Investing
Anthony Zhang, Vinovest: Fine Wine as an Alternative Investment
Eric Clarke, Orion Advisor Technology: WealthTech & Future of Wealth Management Industry
Cliff Asness, AQR: Fama, Quant & Captain America
Bill Kelly, CAIA: Democratizing Alternatives & The Retirement Promise
Gerard O'Reilly, Dimensional Fund Advisors: Innovation, Engineering, and the Power of Prices
Jerry Parker, Chesapeake Capital: Tampa’s Turtle Trader
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast