The 9Innings Podcast

The 9Innings Podcast

di Kevin Thompson, RICP®, CFP®
ImprenditoriaMiglioramento personale

Episode 99: Profits Over People: Why Marginalized Communities Suffered Most During COVID-19

In this episode of the "9innings Podcast," host Kevin Thompson, founder and CEO of 9i Capital Group, converses with Bethany McLean, author of "The Big Fail: How the Pandemic Revealed What America Protects and Who It Leaves Behind." They discuss the systemic failures exposed by the COVID-19 pandemic, focusing on healthcare disparities and the detrimental impact of private equity on the industry. McLean highlights the inadequacies in pandemic preparedness and the inequities faced by marginalized communities. The episode calls for a reevaluation of healthcare policies to prioritize equitable care and address the systemic issues revealed by the pandemic. Pandemic Preparedness Discussion (00:02:10) Nuanced Take on Pandemic Preparedness (00:03:10) Administration Trust Issues (00:05:05) Healthcare Inequality (00:08:01) Consequences of Hospital Resource Disparities (00:10:21) Capitalism vs. Healthcare (00:12:41) Individualism in Healthcare Attitudes (00:14:02) Private Equity's Impact on Healthcare (00:17:46) Government's Role in Business (00:19:39) Short-Term vs. Long-Term Capitalism (00:23:56) Flaws in the Healthcare System (00:27:05) Funding Community Hospitals (00:30:57) Reflection on Pandemic Lessons (00:32:17) Follow Us: youtube: https://m.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA Linkedin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ facebook: https://www.facebook.com/MLB2CFP Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com
E99
8 ott 2024
35:12

Episode 98: The Secret Sauce Behind Future Proof's Explosive Growth and Engagement

In this episode of the 9innings Podcast, host Kevin Thompson, founder and CEO of 9i Capital Group, discusses the groundbreaking Future Proof event with guest Matt Middleton. Kevin praises the event's transformative impact on the financial services industry, highlighting its vibrant atmosphere and innovative networking opportunities. Matt shares insights on the event's success, noting a significant increase in attendance and the importance of fostering a collaborative environment. They discuss the event's no pay-to-play model, which promotes inclusivity and diverse voices. The episode underscores Future Proof's role in creating meaningful connections and setting a new standard for industry gatherings. Attendee Experience (00:02:00) Networking Philosophy (00:05:22) Future Proof's Unique Model (00:12:12) Personal Reflections (00:15:16) Introduction and Personal Reflection (00:17:18) Community Building Insights (00:17:51) Future Proof Citywide Announcement (00:18:44) Event Structure and Partnerships (00:20:16) . Data and Research Initiatives (00:21:13) Closing Remarks and Event Success (00:22:01) Follow Us: youtube: https://www.youtube.com/@UCw9yLfTDBAprrLWvmcT6fFA Linkedin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ facebook: https://www.facebook.com/MLB2CFP Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com
E98
1 ott 2024
24:06

Episode 97: 💡 Rate Cuts, Market Jumps, and Your Next Financial Move 💡

In this podcast episode, I, Kevin Thompson, founder and CEO of 9i Capital Group LLC, discuss the Federal Reserve's recent 50 basis point interest rate cut. I explain the reasons behind the cut, including concerns about a slowing economy and employment sector. I explore the impact on various sectors like fixed income, equities, and real estate, and advise listeners on how to adjust their portfolios accordingly. I also address the implications for borrowing costs and inflation. Emphasizing the importance of understanding these changes, I encourage listeners to reassess their financial strategies and reach out for further assistance. Impact on Employment Sector (00:02:27) Understanding the Rate Cut (00:03:27) Market Reactions to the Rate Cut (00:04:39) Inflation and Its Effects (00:05:27) Fixed Income and Bond Markets (00:07:51) Equity Market Implications (00:09:06) Real Estate Market Effects (00:10:17) Market Impact and the Dollar (00:12:40) Conclusion and Portfolio Positioning (00:13:53)
E97
24 set 2024
15:28

Episode 96: The Ripple Effect of Regulation: How Changes in the Financial Industry Affect Consumers and Advisors Alike

In this episode of the "9innings Podcast," Kevin Thompson, founder and CEO of 9i Capital Group, discusses the evolving regulatory landscape in the financial services industry with Tracy Lownsberry, owner of Up North Retirement. We delve into the implications of Regulation Best Interest (RBI) and the fiduciary standard, examining the shift from commission-based to fee-based models and the complexities of financial advisory titles. The conversation highlights the need for transparency, standardized commission structures, and continuous education to better serve consumers. Tracy advocates for clearer regulations and accountability in the insurance industry to enhance consumer protection and advisor competence. Regulation Best Interest Overview (00:02:12) .. Personal Experience with Regulation (00:04:20) Regulation of Financial Titles (00:07:26) Disclosure Issues in Commissions (00:10:10) Disclosing Commissions from Top to Bottom (00:14:11) Impact of Regulation on Compensation (00:19:27) Fiduciary Standard Debate (00:20:38) The Need for a Fiduciary Standard (00:25:00) Regulatory Challenges in the Industry (00:26:44) Superiority Complex in Financial Services (00:28:06) Future Vision for the Insurance Industry (00:30:27) Follow Us: youtube: https://www.youtube.com/@UCw9yLfTDBAprrLWvmcT6fFA linkedin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com
E96
10 set 2024
34:07

Episode 95: The Disruption Blueprint: Disrupt or Be Disrupted

In this episode of the "9innings Podcast" we discuss the Disruption Blueprint. Kevin Thompson, CEO of 9i Capital Group LLC, and Shannon Spotswood, the CEO of RFG Advisory, discuss the evolving Registered Investment Advisor (RIA) industry. They explore themes of disruption, innovation, and the impact of private equity. Shannon emphasizes the importance of helping independent advisors grow without compromise, leveraging technology, and maintaining strong client relationships. She shares insights on navigating industry challenges, the role of private equity, and the need for advisors to adapt and innovate. The episode concludes with optimism for the future of the RIA space. Reflection on Career Journey (00:01:00) Disruption in the RIA Industry (00:04:12) Challenges in the RIA Space (00:06:43) Private Equity Dynamics (00:10:39) Concerns About Aggregation Models (00:12:05) Competition and Unique Value (00:15:32) RFG's Growth Services (00:19:05) Future of the RIA Industry (00:26:17) Generational Wealth Transfer (00:27:43) Long-Term Vision for Advisors (00:28:39) The Ascent vs. The Summit (00:33:44) Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Buy My Book: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com
E95
3 set 2024
36:59

Episode 94: Is the Insurance Industry Putting Profits Over Your Best Interests?

In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital Group, hosts a discussion with insurance specialist David Kinder, known as "the tax-exempt wealth guy." They explore the insurance industry's response to Regulation Best Interest (RBI), which mandates obligations like disclosure, care, conflict of interest, and compliance. David critiques the industry's resistance to fiduciary responsibilities and highlights ethical concerns, particularly with Indexed Universal Life (IUL) insurance. The conversation emphasizes the need for higher practice standards, ethical conduct, and client education, advocating for a balanced approach to regulation that prioritizes consumer interests. Discussion on Industry Division (00:01:37) . Regulation Best Interest Overview (00:02:16) Economic Implications for Agents (00:04:25) Fiduciary vs. Suitability Standards (00:06:17) Materiality of Compensation (00:11:25) Suitability Perspective Critique (00:13:29) Need for Professional Standards (00:15:36) Insurance Companies' Priorities (00:19:11) Insurance Lobby's Opposition to Regulation (00:24:18) Fiduciary Responsibility (00:26:46) Critique of Advisors' Recommendations (00:29:02) Client Versus Company Interests (00:34:52) Agent Responsibilities (00:36:57) Industry Disdain and Perception (00:37:26) Ambiguity in Titles (00:39:45)
27 ago 2024
42:03

Epsiode 93: The Coachella of The Finance Industry: FUTURE PROOF w Matt Middleton

In this episode of the Nominees Podcast, host Kevin Thompson speaks with Matt Middleton, CEO and co-founder of Future Proof, a pioneering financial services festival. They discuss the festival's inception post COVID-19 pandemic, its innovative approach to industry events, and the challenges faced in establishing it. Middleton emphasizes the importance of inclusivity, genuine connections, and diverse perspectives in the financial sector. Future Proof aims to break traditional event molds by fostering open dialogue and dynamic interactions. The conversation highlights the festival's mission to reshape the financial services landscape through authenticity and continuous innovation. Inception of Future Proof (00:02:25) Redefining Event Value (00:04:11) Creating a Unique Festival Experience (00:06:08) Encouraging Diverse Perspectives (00:09:01) Challenges in Launching Future Proof (00:12:43) Industry Adoption and Growth (00:15:30) The Transformation of the Industry (00:17:57) The Importance of Authenticity (00:20:32) Creating an Inclusive Platform (00:22:24) Content Creation Process (00:26:05) The Concept of Future Proof (00:29:10) Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com
20 ago 2024
33:20

Episode 92: The Insurance Lobby BALKS at Your Best Interest!

In this podcast episode, Kevin Thompson RICp®, CFP® discusses the insurance industry's opposition to the Regulation Best Interest (RBI) rule established by the SEC. He explains that the Reg BI rule mandates broker-dealers to act in the best interest of their retail customers, enhancing transparency and accountability in financial advising. Kevin critiques the insurance lobby's resistance, highlighting concerns about increased regulatory burdens, potential sales reductions, and conflicts with state regulations. He advocates for a standardized fiduciary approach to ensure consumer protection and emphasizes ongoing engagement and support for clients. Discussion on Best Interest Contract (00:01:13) Overview of Regulation Best Interest (00:02:00) Key Components of Regulation Best Interest (00:03:09) Insurance Lobby's Opposition (00:04:48) Impact on Commission-Based Models (00:07:58) Lack of Clarity in Regulation (00:09:10) Fiduciary Standard vs. Suitability Standard (00:10:25) Ongoing Client Engagement (00:11:16) Future Conversations on the Topic (00:12:17) Conclusion and Call to Action (00:13:08) Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com
E92
12 ago 2024
13:59

Episode 91: Betelgeuse and the Recession: How Fear Shapes Our Economy

WELCOME TO THE 9Innings PODCAST... In this episode of the "9inningsPodcast," Kevin Thompson, founder and CEO of 9i Capital Group, discusses the potential for a recession. He examines economic indicators, market reactions, and Federal Reserve actions, providing a comprehensive overview of the current economic landscape. Kevin explains the dual mandate of the Federal Reserve and the significance of the bond market, using the metaphor of "Betelgeuse" to illustrate how recession fears can become a self-fulfilling prophecy. The episode aims to educate listeners on economic dynamics and the potential impact of Federal Reserve decisions on market stability. Understanding Recession (00:02:08) Defines recession and discusses the technical aspects of GDP and employment trends. Federal Reserve's Actions (00:03:24) Examines the Fed's dual mandate and recent interest rate hikes to stabilize prices. Market Reactions (00:04:25) Discusses how an inverted yield curve signals expectations of a slowing economy. Bond Market Dynamics (00:05:40) Analyzes current bond market behavior and shifts in investor strategies. Federal Reserve's Challenges (00:07:58) Highlights the Fed's need to manage market volatility without political implications. Impact of Media on Investor Behavior (00:09:09) Describes how media narratives influence investor spending and business decisions. Economic Insights (00:10:28) Summarizes the implications of rising prices and unemployment on the economy. Closing Thoughts (00:11:34) Speculates on recession likelihood, Fed actions, and the nature of market dynamics. Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com
E91
7 ago 2024
12:48

Episode 90: Don't Be a Spoofing Victim: How to Outsmart the Scammers!

In this episode of the "9innings Podcast," we broach the topic of "spoofing," a scam where fraudsters disguise their identity to deceive individuals into revealing personal information. The episode provides insights into various spoofing methods, signs to watch for, and practical tips on protecting oneself from such scams, emphasizing the importance of education and vigilance. From Tiktok to Facebook, many individuals have fallen victim to spoofing, and we are here to provide context to what spoofing is, how to recognize it, and how to not fall victim to this fraud. Understanding Spoofing (00:00:58) Definition of spoofing and how malicious parties disguise their identity. A TikTok Story of a Spoofing Scam (00:02:50) A speaker shares her emotional experience with a spoofing scam involving Wells Fargo. How Spoofing Works (00:04:29) Kevin explains the mechanics of caller ID spoofing and its prevalence. Types of Spoofing (00:06:07) Overview of email, text message, and website spoofing techniques. Why Spoofing is Effective (00:08:34) Discussion on trust factors and urgency that make spoofing successful. Signs of Spoofing Scams (00:09:37) Common indicators that suggest a potential spoofing scam. Protecting Against Spoofing (00:12:23) Advice on verifying sources and avoiding sharing personal information. Steps to Take if Scammed (00:14:29) Recommended actions if you suspect you've been a victim of spoofing. Recap and Final Advice (00:16:34) Summary of key points discussed and encouragement to stay vigilant. Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com
E90
30 lug 2024
19:00
11 di 20