The Long Term Investor

Michael Kitces is one of the industry's leading experts on all things financial advice and financial planning. In this live episode recorded at Wealth Management EDGE, Michael explains the evolution of financial advice and how AI might impact the profession going forward. Listen now and learn: The evolution of financial advice from the 1960s to present Ways consumers benefit from financial advisors moving up the value chain How AI might impact the financial advice profession Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Plancorp's CEO, Chris Kerckhoff, joins the show for a live recording at the Wealth Management EDGE Conference. Listen now and learn: Why the debt ceiling was originally created The three most likely scenarios in today's debt ceiling standoff How to think about investing Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

In this episode, I'm joined by Carl Richards, a Certified Financial Planner (CFP®) and creator of the Sketch Guy column, appearing weekly in The New York Times since 2010. Listen now and learn: How investors fall victim to the behavior gap What it means to do real financial planning The best way to avoid "The Big Mistake" Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Using index funds in your stock portfolio has historically been a wise choice, but bond indexes have some inherent disadvantages that make them a less obvious choice. Listen now and learn: How bond indexing differs from stock indexing The different types of active bond management How to choose a fund that's right for you Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

The death of a spouse is one of the most emotionally challenging times of a person's life. In this financially driven conversation, Mike Piper explains the financial steps to take for a surviving spouse. Listen now and learn: What married couples can do to make it easier on a surviving spouse in the future Financial planning techniques a surviving spouse can use to maximize their wealth and minimize taxes When it makes sense to disclaim an inheritance Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Bond funds are superior to individual bonds for four distinct reasons. Listen now and learn: The hidden costs in individual bonds The easy win individual bonds miss out on How to transition from individual bonds to bond funds Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Rick Ferri, host of the Bogleheads on Investing podcast, joins the show to talk about the three components of successful investing. Listen now and learn: The importance of having a clearly defined investment philosophy The four stages of an investor's philosophical journey The key ingredient to keeping a great investment plan intact Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

As consumers, we've come to expect customization and personalization with most things these days, whether it's our coffee order, streaming preferences, or insurance policies…So why should our investments be any different? With direct indexing, investors can create custom portfolios based on their specific goals, values, and preferences. Listen now and learn: How direct indexing differs from ETFs and mutual funds The benefits of direct indexing Types of investors best suited for direct indexing Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

This week, financial history expert Jamie Catherwood of Investor Amnesia joins the show to share the history of innovation in investment vehicles and how it impacts investors today. Listen now and learn: The importance of understanding financial history Lessons from investment bubbles of the past How investment vehicles have evolved over time Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

The daily news cycle is of very little importance when it comes to long-term investing, but the failure of Silicon Valley Bank is the type of news item that catches the attention of even the most disciplined investor. Listen now and learn: What happened with Silicon Valley Bank The broader health of the banking industry Implications for future investors Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.