The 9Innings Podcast

The 9Innings Podcast

por Kevin Thompson, RICP®, CFP®
EmprendimientoSuperación personal

Epsiode 79: The Most Important Factors in Choosing a Financial Advisor

Welcome to the 9Innings Podcast where we Educate, Empower and Engage. ON THIS WEEKS PODCAST: Kevin Thompson explores the intricacies of financial advisor compensation, highlighting potential conflicts of interest and various payment structures. The focus is on educating both advisors and clients about the significance of transparent compensation practices and ensuring advisors act in the best interest of their clients. The episode serves as a guide to better understand the financial advisor-client relationship and the impact of compensation on advisory services. Understanding Conflicts of Interest (00:01:24) -Explanation of conflicts of interest in the advisory world and how they can manifest in various ways, including compensation structures and product sales. Types of Financial Advisors (00:04:36) -Discussion of commission-based, fee-based, and fee-only advisors, including their compensation models and potential conflicts of interest. The Client's Best Interest (00:11:13)-Examination of fee-only advisors, their advantages, and the reduced conflicts of interest, along with the concept of acting in the client's best interest. Key Aspects of the Client's Best Interest (00:16:30)- Explanation of fiduciary duty, disclosures, suitability, and continuous monitoring as crucial components of acting in the client's best interest. Evaluating the Value of Financial Advisors (00:18:35)- Emphasis on assessing the level of service received, understanding the true cost, and determining if the services align with the client's needs and expectations.
E79
8 may 2024
22:35

Episode 78: Is The Fed Damned If They Do, and Damned if They Don't?

In this episode of the 9innings podcast, host Kevin Thompson, 9i Capital Group, speaks into the challenges faced by the Federal Reserve. The discussion focuses on the Fed's dual mandate of ensuring price stability and full employment, and the complexities of managing inflation and interest rates. Thompson explores the delicate balance the Fed must maintain to bridge economic conditions, the implications of their rate decisions, and the risk of these decisions being influenced by political factors. The episode provides an in-depth analysis of the Fed's current predicament and its potential effects on the economy and markets. Correction: (Meant to say rate cuts not hikes around 10 minute mark) -Will the Democrats or Republicans love/hate Jerome Powell? - Is Powell the best pilo tto land this plane? - Is Stagflation a concern? Follow Us... Website: http://www.9icapitalgroup.com Linkedin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ Yotube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA Facebook: https://www.facebook.com/9iCapGroup Twitter: https://twitter.com/9ICapGroup/status/1624034073361502212
E78
1 may 2024
16:59

Episode 77: Unveiling the Aftermath: A Deep Dive into the Stanford Company Ponzi Scheme

In this podcast episode, host Kevin Thompson, founder and CEO of 9i Capital Group, interviews Matt Drews, his former financial advisor and ex-professional baseball player. They discuss their shared history with the Stanford Company, which was involved in a Ponzi scheme, and the personal and financial repercussions they faced following the company's collapse. Kevin credits the experience for his current success in financial planning and owning his firm. Matt, now working in real estate development, shares insights on overcoming adversity and encourages athletes to leverage their skills beyond sports. The episode is a blend of personal reflection, industry critique, and motivational advice for listeners transitioning from sports to new careers.
E77
24 abr 2024
26:50

Episode 76: Is the AI Industry Overvalued? A Conversation with Ivana Delevska, CIO of Spear Invest

In this episode of the 9innings podcast, host Kevin Thompson, CEO of 9i Capital Group, discusses AI industry trends and investment strategies with Ivana Delevska, CIO of Spear Invest. They examine Spear Invest's impressive returns, the justification of AI sector valuations, and the potential for growth in companies like Nvidia. Ivana Delevska explains their investment philosophy, the distinction between market caps and valuations, and the opportunities in various sectors influenced by AI. The episode also covers the competitive dynamics in the data center segment, the energy demands of data centers, and the broader applications of AI. Ivana Delevska addresses concerns about AI technology, suggesting the fears of AI dominance are overblown.
E76
17 abr 2024
20:43

Epsidoe 75: The White Wall: How Big Finance Bankrupts Black America ft Emily Flitter

ON THIS WEEKS PODCAST: Kevin Thompson interviews Emily Flitter, author of "The White Wall: How Big Finance Bankrupts Black America." They discuss systemic discrimination in the financial industry, focusing on the experiences of Black employees and customers at major banks. Topics include the lack of diversity on arbitration panels, the use of NDAs to silence discrimination victims, and the need for reparations and equity. They also examine the impact of discriminatory practices on individuals and communities, and the importance of systemic reforms. Emily highlights efforts by some banks to change practices and support disenfranchised communities, while Kevin emphasizes understanding different perspectives and the historical context of these issues. The episode concludes with a call to action for listeners to engage with the content and approach the book with awareness. Why Did You Write The Book: (2:50) Arbitration Panel and Diversity: (6:36) Financial Institutions Use of NDA'S: (11:05) What is Affirmative Defense: (13:35) JP Morgan Chase: please Use Caution: (15:27) Ghetto Loans: (18:20) Solutions to these Issues: (21:58) DEI and Reparations: (25:43) Website: http://www.9icapitalgroup.com
E75
10 abr 2024
31:18

Ep 74: Breaking Boundaries: The Future of Autonomy for Advisors featuring Josh Brown

In this podcast episode, Kevin Thompson, CEO of 9i Capital Group, discusses the RIA industry's impact on advisors' autonomy with Josh Brown, CEO of Ritholtz Wealth Management. They explore the pressures of consolidation, the parallels with other professional industries, and the necessity for advisors to adapt to a changing landscape. Brown emphasizes the benefits of joining groups with specialized expertise, while Thompson enjoys the competitive aspect and client recognition of individual advisors. They also touch on the role of AI and the importance of mentorship for young advisors. The conversation concludes with Brown's passion for integrating personal interests into his financial career.
E74
27 mar 2024
35:46

Episode 73: The Most Impactful Insights on Crypto, Wall Street, and Diversity with Tyrone Ross Jr

ON THIS WEEKS PODCAST: Kevin Thompson interviews Tyrone Ross Jr., discussing the intersection of crypto, Wall Street, and DEI (diversity, equity, and inclusion). They explore the importance of accurate crypto data for financial advisors, caution against risky platforms, and emphasize due diligence. Tyrone shares his views on Wall Street's DEI efforts, stressing the need for authentic action. Additionally, Tyrone talks about his initiatives, including a financial education platform for students and a workbook for women. The episode emphasizes empathy, empowerment, and education in the financial industry, with both hosts advocating for meaningful progress in DEI and crypto literacy.
E73
21 mar 2024
28:36

Ep 72: "Bridging the Wealth Divide: Strategies for Equitable Financial Planning Access" with Lazetta Braxton

In this engaging podcast episode, host Kevin Thompson welcomes the esteemed Lazetta Rainey Braxton, a trailblazing financial expert and social entrepreneur. Together, they delve into the significant hurdles that black women encounter within the financial sector. The conversation highlights the critical need for equity and the creation of financial opportunities accessible to all individuals. Throughout the episode, Kevin and Lazetta explore the profound impact of mentorship and the role of authenticity in the realm of financial planning. They share insights on how professionals can maintain a healthy work-life balance while remaining steadfast to their personal and professional vision. As the episode wraps up, Kevin takes a moment to commend Lazetta on her principles and the remarkable success she has achieved. He emphasizes the importance of humility and safety in both personal and professional life, leaving listeners with a powerful message to reflect on their own journey towards financial empowerment and inclusivity.
E72
14 mar 2024
26:19

"Uncovering the Truth: The Inequity of Growth in Financial Planning" with Tobias Salinger

In this episode of the 9Innings Podcast, host Kevin Thompson, CEO of 9i Capital Group, engages with Tobias Salinger, a renowned journalist and Chief Correspondent of Financial Planning at Arizent, to delve into the disparities in growth within the RIA sector. They discuss the struggles of smaller firms against larger entities, the burdens of compliance, and the complexities of selling practices. Tobias underscores the significance of fiduciary responsibility and the commendable efforts of advisors focused on professional growth and client service. Subscribe to Youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA MLB to CFP® -https://books.apple.com/us/book/mlb-to-cfp/id1544610970 MLB to CFP®- https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4
E71
7 mar 2024
25:30

Episode 70: "Rich Politics: Unveiling the Truth Behind Filthy Rich Politicians" with Matt K Lewis

In this episode of the 9Innings Podcast, host Kevin Thompson interviews author Matthew K. Lewis about his book "Filthy Rich Politicians." They discuss the impact of wealth on politics, the erosion of public trust, and the ways politicians can exploit their positions for financial gain. Lewis highlights the wealth disparity between politicians and the public, insider trading concerns, and the need for transparency to preserve democracy. The dialogue underscores the challenges in reforming a system where elected officials may resist changes that could affect their financial interests.
E70
1 feb 2024
31:35
13 de 20