Resilient Advisor Podcast

On this episode of The Resilient Advisor podcast, Jay Coulter interviews Eric Ervin who is the CEO of Blockforce Capital. We discuss the blockchain inefficiencies, cryptocurrency, Bitcoin ETFs and "Alpha Donors."

On this episode we explore the future of fintech with the CEO of RobustWealth, Mike Kerins. The digital advice space is changing rapidly and if you are not paying attention you are putting your business at risk. Mike shares his thoughts on how he sees the space unfolding in 2019. Connect With Mike On LinkedIn: https://www.linkedin.com/in/michael-kerins-cfa-frm-165a97ba/ About Mike Mike Kerins, CFA, FRM | Founder and Chief Executive Officer Mike Kerins is the founder and CEO of RobustWealth, a B2B digital wealth management platform headquartered in Lambertville, NJ. Prior to RobustWealth, Mike spent eight years at Franklin Templeton, where he managed an investment team overseeing a global portfolio of assets equaling $40 billion. He also served as head of asset class research and has expertise spanning strategic and tactical asset allocation, portfolio construction, target date strategies and liquid alternatives. Mike is a CFA charter holder as well as a certified Financial Risk Manager. He holds a B.S. in Chemical Engineering and a B.S. in Finance from the University of Colorado and also has a certificate in Computational Finance from the University of Washington. He lives with his wife and three children in Lambertville, NJ. RobustWealth social media channels: Twitter: https://twitter.com/RobustWealth LinkedIn: www.linkedin.com/company/robustwealth/ Facebook: https://www.facebook.com/robustwealth/

Julie Littlechild is a client engagement expert and industry thought leader. This is her second appearance on The Resilient Advisor Podcast. In this episode, Jay Coulter interviews Julie to get help listeners learn her strategies on building an exceptional client experience. From the podcast - Asses your Client Experience: www.absoluteengagement.com/blog/client-engagement/assess-your-experience/ Connect With Julie Twitter: @jlittlechild LinkedIn: https://www.linkedin.com/in/julielittlechild Blog: www.absoluteengagement.com/blog Email: jlittlechild@absoluteengagement.com Website: www.absoluteengagement.com About Julie Julie Littlechild is a speaker, writer and researcher. Her firm, Absolute Engagement, helps advisors tailor their client experience to support a compelling personal vision for the future. Julie has worked with and studied successful financial advisors, their clients and their teams for more than twenty years. Prior to founding Absolute Engagement, she launched and ran one of the industry's leading research firms, focused on client engagement. Julie is the author of a popular blog, the co-host of the Becoming Referable podcast and her first book, The Pursuit of Absolute Engagement, was released in January, 2017. Julie sat on the national board of the US Financial Planning Association from 2010 – 2013, was twice identified as one of the 25 Most Influential People in Financial Planning by Investment Advisor Magazine and won the Influencer Award in practice management from Financial Planning Magazine. She works in the US, Canada, UK and Europe and holds an MBA from the University of Toronto.

Shay Eskew's life story is inspirational. He ranks in the top 1% of IRONMAN worldwide despite burns on 65% of his body. He is an active father of 5 children while managing a successful professional and speaking career. He is now an author. Learn his story and techniques for motivation on this episode of The Resilient Advisor with Jay Coulter. Connect With Shay Book: What The Fire Ignited Website: www.shayeskew.com Facebook: www.facebook.com/ShayEskew Twitter: https://twitter.com/shayeskew LinkedIn: linkedin.com/in/shayeskew About Shay Shay is an All American / All World ranked triathlete, former black bear researcher, burn survivor with scars over 65% of his body and sought out motivational speaker/author. At the age of 8, Shay was set afire by a neighbor's child and credited with saving the life of his 7 year old friend. Despite being told he'd never play sports again, enduring over 35 surgeries the last 36 years, Shay is a 4x IRONMAN, 4x member of Team USA, 25x IRONMAN 70.3, ranked top 1% of IRONMAN worldwide, and has competed in 10 triathlon World Championships in 7 countries on 4 continents, including the IRONMAN World Championships in Kona, Hawaii (competed at the 2018 IRONMAN 70.3 World Championship in South Africa). Additionally, Shay is a sponsored triathlete of Newton Running and First Endurance and an inaugural cohort of exceptional service-oriented athletes known as the Malama Club, long standing members of the IRONMAN Foundation ambassador team. Shay received a BS (cum laude) and an MBA (finance) from the University of Tennessee. Most importantly, Shay recently celebrated his 15yr wedding anniversary and is the proud father of 5 kids under 12.

On this episode of The Resilient Advisor Podcast, Chris Versace helps listeners understand the power of 'Thematic Investing.' Chris is the Chief Investment Officer of Tematica Research. He is the chief editor of Tematica Investing and Tematica Pro as well as the author of the Monday Morning Kickoff, which has become a must-read for RIA's and Money-Managers around the world. Chris is also the co-host of the Cocktail Investing Podcast: www.tematicaresearch.com/cocktail-investing and author of Cocktail Investing: http://a.co/d/dhtrWlm. Connect With Chris Twitter: @ChrisJVersace Website: www.tematicaresearch.com

On this episode of The Resilient Advisor Podcast, Daniel Peris comes on to discuss how Modern Portfolio Theory (MPT) has failed investors. We also discuss his thoughts on how financial advisors and investors can use an alternative approach. This approach is detailed in his new book, Getting Back to Business: Why Modern Portfolio Theory Fails Investors and How You Can Bring Common Sense to Your Portfolio. Daniel oversees $20 billion dollars in equity portfolios as a Senior Portfolio Manager at Federated Investors. He is the author of 3 books on investing: The Strategic Dividend Investor, The Dividend Imperative and his newly released book Getting Back to Business. Daniel also holds a Ph.D and has earned the CFA designation. About Daniel Daniel Peris, Ph.D., CFA, is Senior Vice President and Senior Portfolio Manager at Federated Investors, Inc., in Pittsburgh where he oversees $20 billion dollars in equity portfolios. Before transitioning into asset management, Peris was a historian focusing on modern Russian history. He is the author of two prior books in investing, The Strategic Dividend Investor, and The Dividend Imperative, as well as a study of early Soviet history. He tweets @Back2BizBook and blogshere.

This series brings listeners thought leaders who share timely insights on today markets.

On this episode of The Resilient Advisor Podcast, I am joined by Ed O'Brien who is the CEO of eMoney Advisor. He shares his thoughts on what The Future of the Financial Advisor looks like. His firm is releasing a report on the "Flux-Gen Advisor" in the 4th quarter that you will want to get your hands on when it is released. Issues we discuss: How could Artificial Intelligence play into the advisor-client relationship? Trends in the planning-focused community as it relates to preparing for volatility and the next bear market? What the role of the financial advisor looks like in 2028. The integration of eMoney with portfolio management systems such as Black Diamond and Orion. potential consolidation coming in fintech and what would that look like for the advisor and client? What he would you say to clients who may still feel as though a pure investment advisory relationship is sufficient for their family. Follow eMoney Advisor on Twitter: https://twitter.com/eMoneyAdvisor eMoney Conference Information: https://info.emoneyadvisor.com/summit-2018

On this short episode of The Resilient Advisor Podcast, I outline the implications of the GICS Reclassification for financial advisors. Show Notes: Advisors who use sector index and index products developed by Standard and Poor's and MSCI are going to be affected by this change. These changes will have an impact on about 40% of the S&P 500's entire market capitalization. It will impact roughly $17.6 trillion in market capitalization. This includes 10% of the S&P 500 Index market cap, 100% of the telecommunications services sector, 22% of the consumer discretionary sector and 21% of the sector technology sector. These revisions were announced in January and were implemented at the close of business on Sept. 28, 2018, Note, The MSCI Equity Indexes will reflect these changes as part of its semi-annual index review in November 2018. For some historical context, The existing classification system, which was developed in 1999. This change was overdue as they reflect the natural evolution of these sectors and underlying companies. If you find yourself needing to explain the changes to a client, simply point out that 'The continued integration of media and internet and telecommunications, has led to clear industry consolidation through mergers and acquisitions." HERE IS WHAT YOU NEED TO KNOW - Directly from Dividend.com' report on the changes: Telecommunications Services Under the proposed changes, the telecommunications sector will be renamed communications services – a more inclusive banner that accounts for content developers and other media. The new sector will include existing telecommunications companies as well as enterprises from the media industry group, which currently falls under the consumer discretionary sector. This category will also include companies from the internet and direct marketing retail sub-industry along with some big companies currently classified in the information technology sector, including Alphabet Inc. (GOOG ) and Facebook Inc (FB ). Consumer Discretionary The internet and direct marketing retail sub-industry, which is currently listed under consumer discretionary, will be updated to include all online marketplaces and e-commerce companies. Companies such as Alibaba Group (BABA ) and eBay Inc. (EBAY ) will fall under this category. Information Technology Finally, the information technology sector will undergo a major overhaul with the internet software and services industry being renamed internet services and infrastructure. Companies such as Shopify Inc. will be impacted. Cloud computing companies currently classified under internet software and services will receive a new category called application software. As a result, the internet software and services industry and sub-industry will be discontinued. My friend Brandon Hatton of The Hatton Group at Raymond James in Atlanta sent over a detailed report produced by Blackrock on these changes. I recommend connecting with your Blackrock rep and getting a copy if you need more details on these changes. Here are their Key Investor Implications: Direct Impact: Investors who own funds that follow, or are benchmarked to, indexes that follow GICS. Secondary Impact: Sector rotation, diversification and hedging models that adopt sector constraints. Tertiary Impact: Active managers whose investment process monitors sector fundamentals, factors, and trends. Lastly, if you are a dividend investor, the telecommunications sector provided yields north of 5%. The new communications services sector will yield an average of less than 2% I hope that this podcast was useful as you look at your 4th quarter allocations and start planning for 2019.

The Investment Adviser Association's 2018 Executive Outlook Survey Report has some interesting data points for RIA's and potential breakaway advisors. In this short episode of The Resilient Advisor Podcast, Jay Coulter breaks down the key takeaways for financial advisors.