{"version":"https://jsonfeed.org/version/1","title":"The Scholar Wealth Podcast","home_page_url":"https://sfa-podcast.fireside.fm","feed_url":"https://sfa-podcast.fireside.fm/json","description":"The Scholar Wealth Podcast delivers clear, expert insights into the financial decisions that shape the lives of high-net-worth individuals and families. Every Monday morning, our team of PhD financial advisors brings clarity to complex wealth challenges—through listener questions, conversations with subject-matter experts, and real stories of financial journeys.\r\n\r\nThis isn’t generic guidance or mass-market advice. It’s financial clarity for people with more at stake: physicians navigating equity compensation, entrepreneurs preparing for business exits, and families stewarding multigenerational wealth. Each episode offers trusted guidance, grounded in experience and fiduciary care.\r\n\r\nDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.","_fireside":{"subtitle":"Complex Wealth Questions. Expert Answers.","pubdate":"2025-10-27T05:00:00.000-04:00","explicit":false,"owner":"Scholar Financial Advising, LLC","image":"https://media24.fireside.fm/file/fireside-images-2024/podcasts/images/5/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/cover.jpg?v=5"},"items":[{"id":"f198febe-31b8-4538-a976-d8dd10c77709","title":"Episode 28: Historic Home Incentives, Valuation Discounts, and the Luxury Yacht Market","url":"https://sfa-podcast.fireside.fm/28","content_text":"In this episode, we explore how financial decisions often bridge emotion, legacy, and precision.\n\nFirst, we answer a listener’s question about restoring a historic Virginia home and whether the available tax incentives justify the cost when renovations rival the purchase price.\nNext, we unpack how valuation discounts work for families transferring ownership of LLC interests — and why proper documentation and independent valuations are critical to avoiding IRS scrutiny.\n\nFinally, in a special segment, we speak with Steve Myers, CEO of [YATCO](yatco.com), about how family offices are approaching yacht ownership more strategically, the economics behind charter programs, and why “doing it right or not at all” remains the best advice in the luxury market.\n\nHave a question for a future episode? Submit it at scholaradvising.com/podcast\n\nDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice. The opinions expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principal. Past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance. Thanks for listening!","content_html":"\u003cp\u003eIn this episode, we explore how financial decisions often bridge emotion, legacy, and precision.\u003c/p\u003e\n\n\u003cp\u003eFirst, we answer a listener’s question about restoring a historic Virginia home and whether the available tax incentives justify the cost when renovations rival the purchase price.\u003cbr\u003e\nNext, we unpack how valuation discounts work for families transferring ownership of LLC interests — and why proper documentation and independent valuations are critical to avoiding IRS scrutiny.\u003c/p\u003e\n\n\u003cp\u003eFinally, in a special segment, we speak with Steve Myers, CEO of [YATCO](yatco.com), about how family offices are approaching yacht ownership more strategically, the economics behind charter programs, and why “doing it right or not at all” remains the best advice in the luxury market.\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholaradvising.com/podcast\u003c/p\u003e\n\n\u003cp\u003eDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice. The opinions expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principal. Past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance. Thanks for listening!\u003c/p\u003e","summary":"We discuss restoring historic properties, gifting family LLC interests, and the financial realities of yacht ownership. Topics include federal and state tax credits for historic renovations, how valuation discounts create tax-efficient transfers, and insights from Steve Myers of YATCO on the evolving role of family offices in the global yacht market.","date_published":"2025-10-27T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/f198febe-31b8-4538-a976-d8dd10c77709.mp3","mime_type":"audio/mpeg","size_in_bytes":27401624,"duration_in_seconds":1712}]},{"id":"b0c6d7cc-b821-4116-8c2d-0bfa7672b233","title":"Episode 27: Triple Net Leases, Trust Gifting, and Lessons from SEC Whistleblower Cases","url":"https://sfa-podcast.fireside.fm/27","content_text":"This week: the tradeoffs in triple net lease investing — comparing three smaller Starbucks properties to a single Walgreens location — and how to think about diversification, stability, and timing when committing $5 million to real estate.\n\nThen, a question from a family whose net worth now exceeds the estate tax threshold: what’s the smartest way to begin gifting to children through irrevocable trusts? We discuss how to balance control, flexibility, and tax efficiency while aligning the plan with long-term goals.\n\nFinally, in our From the Field segment, Scott Silver and David Chase, co-founders of SEC Whistleblowers Law Firm, join the show to share what they’ve learned representing investors and whistleblowers. They discuss how the SEC whistleblower program works, common red flags in alternative investments, and practical steps families can take to protect themselves.\n\nHave a question for a future episode? Submit it at scholaradvising.com/podcast.\n\nDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice. The opinions expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principal. Past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance. Thanks for listening!","content_html":"\u003cp\u003eThis week: the tradeoffs in triple net lease investing — comparing three smaller Starbucks properties to a single Walgreens location — and how to think about diversification, stability, and timing when committing $5 million to real estate.\u003c/p\u003e\n\n\u003cp\u003eThen, a question from a family whose net worth now exceeds the estate tax threshold: what’s the smartest way to begin gifting to children through irrevocable trusts? We discuss how to balance control, flexibility, and tax efficiency while aligning the plan with long-term goals.\u003c/p\u003e\n\n\u003cp\u003eFinally, in our From the Field segment, Scott Silver and David Chase, co-founders of SEC Whistleblowers Law Firm, join the show to share what they’ve learned representing investors and whistleblowers. They discuss how the SEC whistleblower program works, common red flags in alternative investments, and practical steps families can take to protect themselves.\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholaradvising.com/podcast.\u003c/p\u003e\n\n\u003cp\u003eDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice. The opinions expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principal. Past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance. Thanks for listening!\u003c/p\u003e","summary":"This week, Stephan answers two listener questions — how to evaluate triple net lease opportunities with a $5 million budget, and how high-net-worth families should begin transferring wealth to their children through irrevocable trusts. Then, in our From the Field segment, Scott Silver and David Chase share insights from their work as SEC whistleblower attorneys and discuss how investors can protect themselves from fraud in private markets.","date_published":"2025-10-20T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/b0c6d7cc-b821-4116-8c2d-0bfa7672b233.mp3","mime_type":"audio/mpeg","size_in_bytes":38204270,"duration_in_seconds":2387}]},{"id":"a2b56cf4-7fd2-4dd0-be72-0a72fb8b8e16","title":"Episode 26: Roth Conversions, Gold at Record Highs, and Elite College Admissions","url":"https://sfa-podcast.fireside.fm/26","content_text":"This week, Stephan breaks down what to consider before converting a 401(k) to a Roth — from comparing current and future tax brackets to using partial conversions and asset location to minimize taxes.\n\nNext, he turns to the headlines about gold hitting record highs and explains how investors should think about gold’s role in a portfolio without getting caught up in short-term performance.\n\nAnd in our From the Field segment, Stephan is joined by Lindsay Tanne Howe, Founder and CEO of LogicPrep https://www.logicprep.com/\n a premier college advisory firm that helps students tell their stories and gain admission to top universities. Lindsay shares how families can approach the admissions process strategically, the evolving role of legacy and philanthropy, and why authenticity and early planning matter most.\n\n📅 Upcoming Webinar:\nJoin Stephan for a deeper discussion on gold and alternative investments — including how these assets fit into a diversified portfolio — on Thursday, November 13.\n👉 Register here: https://form.jotform.com/252663253624053?utm_source=podcast\n\nHave a question for a future episode? Submit it at scholaradvising.com/podcast.","content_html":"\u003cp\u003eThis week, Stephan breaks down what to consider before converting a 401(k) to a Roth — from comparing current and future tax brackets to using partial conversions and asset location to minimize taxes.\u003c/p\u003e\n\n\u003cp\u003eNext, he turns to the headlines about gold hitting record highs and explains how investors should think about gold’s role in a portfolio without getting caught up in short-term performance.\u003c/p\u003e\n\n\u003cp\u003eAnd in our From the Field segment, Stephan is joined by Lindsay Tanne Howe, Founder and CEO of LogicPrep \u003ca href=\"https://www.logicprep.com/\" rel=\"nofollow\"\u003ehttps://www.logicprep.com/\u003c/a\u003e\u003cbr\u003e\n a premier college advisory firm that helps students tell their stories and gain admission to top universities. Lindsay shares how families can approach the admissions process strategically, the evolving role of legacy and philanthropy, and why authenticity and early planning matter most.\u003c/p\u003e\n\n\u003cp\u003e📅 Upcoming Webinar:\u003cbr\u003e\nJoin Stephan for a deeper discussion on gold and alternative investments — including how these assets fit into a diversified portfolio — on Thursday, November 13.\u003cbr\u003e\n👉 Register here: \u003ca href=\"https://form.jotform.com/252663253624053?utm_source=podcast\" rel=\"nofollow\"\u003ehttps://form.jotform.com/252663253624053?utm_source=podcast\u003c/a\u003e\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholaradvising.com/podcast.\u003c/p\u003e","summary":"This episode tackles wealth decisions across two generations: when it makes sense to convert a 401(k) to a Roth, how to think about gold at record highs, and what high-net-worth families should know about navigating elite college admissions with Lindsay Tanne Howe of LogicPrep.","date_published":"2025-10-13T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/a2b56cf4-7fd2-4dd0-be72-0a72fb8b8e16.mp3","mime_type":"audio/mpeg","size_in_bytes":24333683,"duration_in_seconds":1520}]},{"id":"93809bc6-06c1-4e10-b48c-ebfe467a6413","title":"Episode 25: When Spouses Disagree on Legacy Goals, Family Business Concentration Risk, and IRS Audit Insights","url":"https://sfa-podcast.fireside.fm/25","content_text":"This week: two listener questions that highlight the tension between family, finances, and legacy. First, we explore how couples can approach disagreements over whether to spend more now or preserve more wealth for their children. Next, we break down the risks of concentration when a large share of net worth is tied up in a family business, and how to weigh reinvesting versus diversifying.\n\nIn our special segment, Stephan is joined by David De Jong, Chair of Stein Sperling’s nationally recognized tax law group. With more than 45 years of experience representing high-net-worth individuals, David shares practical insights on IRS audit triggers, the most common mistakes taxpayers make, and proactive strategies to reduce risk while pursuing effective tax planning.\n\nHave a question for a future episode? Submit it at scholaradvising.com/podcast. \n\nDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice. The opinions expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principal. Past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance. Thanks for listening!","content_html":"\u003cp\u003eThis week: two listener questions that highlight the tension between family, finances, and legacy. First, we explore how couples can approach disagreements over whether to spend more now or preserve more wealth for their children. Next, we break down the risks of concentration when a large share of net worth is tied up in a family business, and how to weigh reinvesting versus diversifying.\u003c/p\u003e\n\n\u003cp\u003eIn our special segment, Stephan is joined by David De Jong, Chair of Stein Sperling’s nationally recognized tax law group. With more than 45 years of experience representing high-net-worth individuals, David shares practical insights on IRS audit triggers, the most common mistakes taxpayers make, and proactive strategies to reduce risk while pursuing effective tax planning.\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholaradvising.com/podcast. \u003c/p\u003e\n\n\u003cp\u003eDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice. The opinions expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principal. Past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance. Thanks for listening!\u003c/p\u003e","summary":"This episode tackles family and financial crossroads: how couples can resolve different visions for their legacy, the risks of tying too much wealth to a relative’s business, and expert strategies for handling IRS audits with David De Jong.","date_published":"2025-10-06T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/93809bc6-06c1-4e10-b48c-ebfe467a6413.mp3","mime_type":"audio/mpeg","size_in_bytes":35552120,"duration_in_seconds":2221}]},{"id":"33e3f8f1-61e3-4642-9807-8ed51deef797","title":"Episode 24: Family Gifting Expectations, Tech IPO Decisions, and the Capital Call Dilemma","url":"https://sfa-podcast.fireside.fm/24","content_text":"This week, we take on three listener questions that reveal the real-life complexity of wealth planning.\n\nFirst, how should parents handle fairness in gifting when one child values a large family wedding and another prefers a smaller celebration but asks for the same amount in cash?\n\nNext, a tech executive with most of his $6 million net worth tied up in stock options faces the uncertainty of an upcoming IPO. We’ll look at how to balance concentration risk, cash flow needs, and long-term upside.\n\nThen, we turn to a capital call in a real estate syndication — should you double down with more money, or accept dilution and walk away?\n\nAnd in our Myth or Money segment, we challenge the belief that turning 65 means it’s time to shift most of your portfolio out of equities.\n\nHave a question for a future episode? Submit it at scholaradvising.com/podcast.","content_html":"\u003cp\u003eThis week, we take on three listener questions that reveal the real-life complexity of wealth planning.\u003c/p\u003e\n\n\u003cp\u003eFirst, how should parents handle fairness in gifting when one child values a large family wedding and another prefers a smaller celebration but asks for the same amount in cash?\u003c/p\u003e\n\n\u003cp\u003eNext, a tech executive with most of his $6 million net worth tied up in stock options faces the uncertainty of an upcoming IPO. We’ll look at how to balance concentration risk, cash flow needs, and long-term upside.\u003c/p\u003e\n\n\u003cp\u003eThen, we turn to a capital call in a real estate syndication — should you double down with more money, or accept dilution and walk away?\u003c/p\u003e\n\n\u003cp\u003eAnd in our Myth or Money segment, we challenge the belief that turning 65 means it’s time to shift most of your portfolio out of equities.\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholaradvising.com/podcast.\u003c/p\u003e","summary":"This episode tackles three wealth questions you won’t find in a textbook. We discuss how families can approach fairness in gifting when children make very different choices around major life events, how tech executives should think about concentration risk and cash flow ahead of an IPO, and what to do when a real estate syndication deal issues a capital call. Plus, in Myth or Money, we ask whether turning 65 really means it’s time to cut back on equities.","date_published":"2025-09-29T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/33e3f8f1-61e3-4642-9807-8ed51deef797.mp3","mime_type":"audio/mpeg","size_in_bytes":21453921,"duration_in_seconds":1340}]},{"id":"cf69a99b-6b3e-4bab-aba1-e5ae61bd2fb3","title":"Episode 23: SLAT Adjustments, Family Philanthropy, and Spotting Ponzi Schemes","url":"https://sfa-podcast.fireside.fm/23","content_text":"We start with a question from a couple who each set up SLATs during the high exemption years. With inflation and rising living costs, they’re now wondering whether to adjust trust distributions with cost-of-living increases or more flexible payout provisions. Stephan explains the options for modifying SLATs, the role of HEMS standards, and the trade-offs between flexibility, asset protection, and legacy goals.\n\nNext, we hear from a family that has supported the same hospital foundation for over 20 years. Their children want to redirect some giving toward education access. Stephan shares how to balance legacy commitments with next-generation priorities, including strategies for family governance, donor-advised funds, and engaging heirs in philanthropy without alienating long-term relationships.\n\nIn our From the Field segment, Stephan is joined by attorney Daniel Gielchinsky. With a career spanning Wall Street, commercial litigation, and major Ponzi scheme cases, Daniel highlights the warning signs investors should watch for in alternative investments like real estate syndications, exotic assets, and crypto.\n\nHave a question for a future episode? Submit it at scholaradvising.com/podcast\n\nDisclosures: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle. past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance. Thanks for listening!","content_html":"\u003cp\u003eWe start with a question from a couple who each set up SLATs during the high exemption years. With inflation and rising living costs, they’re now wondering whether to adjust trust distributions with cost-of-living increases or more flexible payout provisions. Stephan explains the options for modifying SLATs, the role of HEMS standards, and the trade-offs between flexibility, asset protection, and legacy goals.\u003c/p\u003e\n\n\u003cp\u003eNext, we hear from a family that has supported the same hospital foundation for over 20 years. Their children want to redirect some giving toward education access. Stephan shares how to balance legacy commitments with next-generation priorities, including strategies for family governance, donor-advised funds, and engaging heirs in philanthropy without alienating long-term relationships.\u003c/p\u003e\n\n\u003cp\u003eIn our From the Field segment, Stephan is joined by attorney \u003ca href=\"https://www.dgimlaw.com/team/daniel-y-gielchinsky/\" rel=\"nofollow\"\u003eDaniel Gielchinsky\u003c/a\u003e. With a career spanning Wall Street, commercial litigation, and major Ponzi scheme cases, Daniel highlights the warning signs investors should watch for in alternative investments like real estate syndications, exotic assets, and crypto.\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at \u003ca href=\"https://www.scholarfinancialadvising.com/podcast\" rel=\"nofollow\"\u003escholaradvising.com/podcast\u003c/a\u003e\u003c/p\u003e\n\n\u003cp\u003eDisclosures: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle. past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance. Thanks for listening!\u003c/p\u003e","summary":"Two complex questions for high-net-worth families: 1) How much flexibility should couples build into SLAT distributions as living costs rise? 2) How can families balance decades-long charitable commitments with next-generation priorities? Plus, a From the Field interview with attorney Daniel Gielchinsky, who shares the red flags he’s seen in Ponzi schemes and fraudulent investment pitches.","date_published":"2025-09-22T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/cf69a99b-6b3e-4bab-aba1-e5ae61bd2fb3.mp3","mime_type":"audio/mpeg","size_in_bytes":32600184,"duration_in_seconds":2037}]},{"id":"111ae009-2c0c-4c39-ad5e-35a6e9ca8544","title":"Episode 22: Trusts vs Wills, Senior Living REITs, and a Physician Bonus Playbook","url":"https://sfa-podcast.fireside.fm/22","content_text":"This week’s episode starts with a question from a couple who inherited complications after their parents passed with wills only. Now that their own estate is $5 million, they want to avoid the same outcome for their kids. Stephan explains when it makes sense to move from wills to a trust and the benefits of control, protection, and probate avoidance.\n\nNext, we hear from an investor pitched on a private REIT in senior living communities. With aging demographics and rising demand, it looks like a strong trend—but Stephan walks through the due diligence needed around fees, liquidity, operator experience, and unrealistic assumptions.\n\nFinally, we answer a question from a new attending physician with a $75,000 signing bonus, no debt, and retirement accounts already maxed out. Stephan covers the tax reality and shares how to prioritize liquidity, taxable investing, and long-term flexibility.\n\nIn our From the Field segment, we share a heads up that registration is officially open for the 2026 Scholar Personal Wealth Conference in Asheville. More details at scholarfinancialadvising.com/conference-2026/\n\nHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast\n\nThe information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance. Thanks for listening!","content_html":"\u003cp\u003eThis week’s episode starts with a question from a couple who inherited complications after their parents passed with wills only. Now that their own estate is $5 million, they want to avoid the same outcome for their kids. Stephan explains when it makes sense to move from wills to a trust and the benefits of control, protection, and probate avoidance.\u003c/p\u003e\n\n\u003cp\u003eNext, we hear from an investor pitched on a private REIT in senior living communities. With aging demographics and rising demand, it looks like a strong trend—but Stephan walks through the due diligence needed around fees, liquidity, operator experience, and unrealistic assumptions.\u003c/p\u003e\n\n\u003cp\u003eFinally, we answer a question from a new attending physician with a $75,000 signing bonus, no debt, and retirement accounts already maxed out. Stephan covers the tax reality and shares how to prioritize liquidity, taxable investing, and long-term flexibility.\u003c/p\u003e\n\n\u003cp\u003eIn our From the Field segment, we share a heads up that registration is officially open for the 2026 Scholar Personal Wealth Conference in Asheville. More details at scholarfinancialadvising.com/conference-2026/\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast\u003c/p\u003e\n\n\u003cp\u003e\u003cem\u003eThe information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance. Thanks for listening!\u003c/em\u003e\u003c/p\u003e","summary":"A $5 million estate. A private senior living REIT. A physician’s $75,000 signing bonus. In this Q\u0026A episode, Stephan unpacks three listener questions with clear, practical guidance for high-net-worth families.","date_published":"2025-09-15T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/111ae009-2c0c-4c39-ad5e-35a6e9ca8544.mp3","mime_type":"audio/mpeg","size_in_bytes":21744993,"duration_in_seconds":1358}]},{"id":"827a6784-898b-4e6d-87e7-68aaa4047688","title":"Episode 21: All in One Bank, Deferred Comp Timing, and a $20-to-Success Journey","url":"https://sfa-podcast.fireside.fm/21","content_text":"Is keeping all your cash and investments at one major bank simply convenient, or a hidden risk? Stephan explains the differences between FDIC and SIPC insurance, what each actually protects, and if splitting accounts across banks and custodians can provide a valuable safeguard for liquidity and access.\n\nNext, we explore how to select a distribution schedule for a nonqualified deferred compensation plan. With options ranging from a lump sum to payouts over 5, 10, or 15 years, Stephan walks through how to balance company solvency risk, tax bracket exposure, and real-world liquidity needs.\n\nAnd in our Money Masters segment, we hear an inspiring journey of arriving in the US with $20 in his pocket to building lasting financial confidence. Through discipline, compounding, and leading by example, he shares the principles he has passed on to his children.\n\nHave a question for a future episode? Submit it at scholaradvising.com/podcast.\n\nDisclosures: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and [00:36:00] guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.\n\nThe guest on this podcast was a client of Scholar Financial Advising as of the date of recording, and was not compensated for their time. Nothing conveyed by the guest should be construed as a testimonial or endorsement of Scholar Financial Advising, and their experience as an investor or a client may not be representative of all investor or client experiences.","content_html":"\u003cp\u003eIs keeping all your cash and investments at one major bank simply convenient, or a hidden risk? Stephan explains the differences between FDIC and SIPC insurance, what each actually protects, and if splitting accounts across banks and custodians can provide a valuable safeguard for liquidity and access.\u003c/p\u003e\n\n\u003cp\u003eNext, we explore how to select a distribution schedule for a nonqualified deferred compensation plan. With options ranging from a lump sum to payouts over 5, 10, or 15 years, Stephan walks through how to balance company solvency risk, tax bracket exposure, and real-world liquidity needs.\u003c/p\u003e\n\n\u003cp\u003eAnd in our Money Masters segment, we hear an inspiring journey of arriving in the US with $20 in his pocket to building lasting financial confidence. Through discipline, compounding, and leading by example, he shares the principles he has passed on to his children.\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholaradvising.com/podcast.\u003c/p\u003e\n\n\u003cp\u003eDisclosures: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and [00:36:00] guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.\u003c/p\u003e\n\n\u003cp\u003eThe guest on this podcast was a client of Scholar Financial Advising as of the date of recording, and was not compensated for their time. Nothing conveyed by the guest should be construed as a testimonial or endorsement of Scholar Financial Advising, and their experience as an investor or a client may not be representative of all investor or client experiences.\u003c/p\u003e","summary":"Two practical questions for high-net-worth families: 1) Is keeping all your cash and investments at one institution a smart simplifier or a hidden risk? We unpack FDIC vs. SIPC, custodial risk, and why splitting liquidity across banks and custodians can protect access. 2) How to choose a deferred compensation distribution schedule when the future is uncertain. We walk through the tradeoffs among company solvency, tax brackets, and your real cash needs. Plus, a Money Masters story who arrived in the US with $20 and built wealth through discipline, compounding, and clear values he now passes to his kids.","date_published":"2025-09-08T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/827a6784-898b-4e6d-87e7-68aaa4047688.mp3","mime_type":"audio/mpeg","size_in_bytes":35254162,"duration_in_seconds":2203}]},{"id":"aa8e4cf8-5ad5-41f5-a9ea-f03493eb3443","title":"Episode 20: Learning Capital for Kids, Tax Loss Harvesting with Direct Indexing, and Hiring a Private Chef ","url":"https://sfa-podcast.fireside.fm/20","content_text":"In this episode of the Scholar Wealth Podcast, Stephan Shipe answers three listener questions that highlight the real-world decisions families face at different stages of wealth.\n\nFirst, we look at a parent’s dilemma when their 23-year-old daughter wants to invest $50,000 in crypto. How can families encourage curiosity and independence in investing while setting guardrails to protect long-term wealth?\n\nNext, we explore whether direct indexing is worth the complexity for a $6 million taxable portfolio, especially for someone already donating appreciated stock to a donor-advised fund. Stephan breaks down how direct indexing compares to ETFs and mutual funds, and when it makes sense as a tax loss harvesting strategy.\n\nFinally, we examine the financial logistics of hiring a private chef at a family’s Nantucket home held in trust. From payroll and liability issues to whether the expense can be covered by the trust or should be split among family members, Stephan outlines the key considerations for aligning lifestyle spending with long-term planning.\n\nAnd in our Term of the Day segment, we unpack QSBS — Qualified Small Business Stock — a powerful but often overlooked tax planning opportunity for entrepreneurs and early investors.\n\nHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast.","content_html":"\u003cp\u003eIn this episode of the Scholar Wealth Podcast, Stephan Shipe answers three listener questions that highlight the real-world decisions families face at different stages of wealth.\u003c/p\u003e\n\n\u003cp\u003eFirst, we look at a parent’s dilemma when their 23-year-old daughter wants to invest $50,000 in crypto. How can families encourage curiosity and independence in investing while setting guardrails to protect long-term wealth?\u003c/p\u003e\n\n\u003cp\u003eNext, we explore whether direct indexing is worth the complexity for a $6 million taxable portfolio, especially for someone already donating appreciated stock to a donor-advised fund. Stephan breaks down how direct indexing compares to ETFs and mutual funds, and when it makes sense as a tax loss harvesting strategy.\u003c/p\u003e\n\n\u003cp\u003eFinally, we examine the financial logistics of hiring a private chef at a family’s Nantucket home held in trust. From payroll and liability issues to whether the expense can be covered by the trust or should be split among family members, Stephan outlines the key considerations for aligning lifestyle spending with long-term planning.\u003c/p\u003e\n\n\u003cp\u003eAnd in our Term of the Day segment, we unpack QSBS — Qualified Small Business Stock — a powerful but often overlooked tax planning opportunity for entrepreneurs and early investors.\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast.\u003c/p\u003e","summary":"In this episode, we answer listener questions about setting boundaries around “learning capital” when a child wants to invest trust assets in crypto, weighing the benefits of direct indexing for tax loss harvesting in a $6 million taxable portfolio, and handling the financial logistics of hiring a private chef for a family-owned summer residence. Plus, our Term of the Day segment breaks down QSBS — Qualified Small Business Stock — and why it can be such a powerful tax planning opportunity for entrepreneurs.","date_published":"2025-09-01T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/aa8e4cf8-5ad5-41f5-a9ea-f03493eb3443.mp3","mime_type":"audio/mpeg","size_in_bytes":21838083,"duration_in_seconds":1364}]},{"id":"a200c926-7faa-4491-bc9f-dbe731f497fb","title":"Episode 19: Helping Family, Law Firm Partnership Buy-In, and Using NUA: High-Stakes Money Decisions","url":"https://sfa-podcast.fireside.fm/19","content_text":"This week’s episode opens with a listener wondering whether to help their brother with a down payment on a new home. The brother plans to repay the funds after selling his current house, but how do you balance protecting your wealth with supporting family? Stephan breaks down the risks, protections, and alternatives to consider.\n\nNext, we hear from an attorney preparing to make partner at their law firm. The expected buy-in is $500,000, and while average partner compensation is significantly higher, the question is: how do you know if the investment is worth it and the best way to finance it?\n\nFinally, a soon-to-retire listener with $3 million in their 401(k) — including $800,000 of company stock — asks whether the Net Unrealized Appreciation (NUA) strategy could reduce their tax bill. We walk through how NUA works, the math behind it, and the risks to watch out for.\n\nAnd in this week’s Advisor Red Flags, we spotlight so-called “exclusive” investment opportunities that may be more dangerous than desirable.\n\nHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast.","content_html":"\u003cp\u003eThis week’s episode opens with a listener wondering whether to help their brother with a down payment on a new home. The brother plans to repay the funds after selling his current house, but how do you balance protecting your wealth with supporting family? Stephan breaks down the risks, protections, and alternatives to consider.\u003c/p\u003e\n\n\u003cp\u003eNext, we hear from an attorney preparing to make partner at their law firm. The expected buy-in is $500,000, and while average partner compensation is significantly higher, the question is: how do you know if the investment is worth it and the best way to finance it?\u003c/p\u003e\n\n\u003cp\u003eFinally, a soon-to-retire listener with $3 million in their 401(k) — including $800,000 of company stock — asks whether the Net Unrealized Appreciation (NUA) strategy could reduce their tax bill. We walk through how NUA works, the math behind it, and the risks to watch out for.\u003c/p\u003e\n\n\u003cp\u003eAnd in this week’s Advisor Red Flags, we spotlight so-called “exclusive” investment opportunities that may be more dangerous than desirable.\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast.\u003c/p\u003e","summary":"Big financial decisions often carry more risk than they first appear. In this episode of the Scholar Wealth Podcast, Stephan answers three listener questions on high-stakes money moves: helping family with a major purchase, evaluating a $500,000 law firm partnership buy-in, and deciding whether to use the Net Unrealized Appreciation (NUA) tax strategy in retirement.\r\n\r\nPlus, in our Advisor Red Flags segment, we spotlight why “exclusive” alternative investment opportunities aren’t always as good as they sound.","date_published":"2025-08-25T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/a200c926-7faa-4491-bc9f-dbe731f497fb.mp3","mime_type":"audio/mpeg","size_in_bytes":23071308,"duration_in_seconds":1441}]},{"id":"87be0a5c-6690-40e9-864f-449e333ca207","title":"Episode 18: When to Sell, When to Hedge, and When to Start Your Second Act","url":"https://sfa-podcast.fireside.fm/18","content_text":"In this episode of the Scholar Wealth Podcast, we tackle big wealth strategy questions. First, Stephan answers whether now is the right time to sell a gold coin collection worth $250,000, with gold prices at record highs. We cover how to value a gold collection, when to sell gold coins, and how to identify a fair auction house commission versus being taken advantage of.\n\nNext, we explore currency diversification for high-net-worth investors, including whether moving several million into foreign currencies or international bonds is a smart hedge against US dollar risk and banking system instability. Stephan shares the pros and cons of international bond funds, currency hedging strategies, and proportional allocations for large portfolios.\n\nFinally, in our Money Masters segment, special guest Byron shares his journey as a successful DIY investor—how he built confidence in managing his own investments, reached financial independence, and reinvented himself in retirement. It’s a conversation about second-act planning, wealth protection, and making work optional.\n\nDisclosures: The guest on this podcast was a client of Scholar Financial Advising as of the date of recording, and was not compensated for their time. Nothing conveyed by the guest should be construed as a testimonial or endorsement of Scholar Financial Advising, and their experience as an investor or a client may not be representative of all investor or client experiences. The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.","content_html":"\u003cp\u003eIn this episode of the Scholar Wealth Podcast, we tackle big wealth strategy questions. First, Stephan answers whether now is the right time to sell a gold coin collection worth $250,000, with gold prices at record highs. We cover how to value a gold collection, when to sell gold coins, and how to identify a fair auction house commission versus being taken advantage of.\u003c/p\u003e\n\n\u003cp\u003eNext, we explore currency diversification for high-net-worth investors, including whether moving several million into foreign currencies or international bonds is a smart hedge against US dollar risk and banking system instability. Stephan shares the pros and cons of international bond funds, currency hedging strategies, and proportional allocations for large portfolios.\u003c/p\u003e\n\n\u003cp\u003eFinally, in our Money Masters segment, special guest Byron shares his journey as a successful DIY investor—how he built confidence in managing his own investments, reached financial independence, and reinvented himself in retirement. It’s a conversation about second-act planning, wealth protection, and making work optional.\u003c/p\u003e\n\n\u003cp\u003eDisclosures: The guest on this podcast was a client of Scholar Financial Advising as of the date of recording, and was not compensated for their time. Nothing conveyed by the guest should be construed as a testimonial or endorsement of Scholar Financial Advising, and their experience as an investor or a client may not be representative of all investor or client experiences. The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.\u003c/p\u003e","summary":"In this episode, we answer a listener question about selling a $250,000 gold coin collection. Then, we explore whether shifting several million dollars into foreign currencies is a smart hedge against instability in the US banking system. Finally, in our Money Masters segment, Byron shares how he built confidence as a DIY investor, achieved financial independence, and reinvented himself in retirement.","date_published":"2025-08-18T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/87be0a5c-6690-40e9-864f-449e333ca207.mp3","mime_type":"audio/mpeg","size_in_bytes":26451894,"duration_in_seconds":1652}]},{"id":"d7c9341b-3095-4a1f-8cd6-6c4daf8dd9a7","title":"Episode 17: The Art of Balancing: Liquidity Events, Lifestyle Choices, and Financial Freedom","url":"https://sfa-podcast.fireside.fm/17","content_text":"This week’s episode starts with a question from a business owner preparing for a future liquidity event, with about $20 million currently tied up in private company stock. Stephan walks through how to manage the risk of overconcentration, ways to diversify before the sale, and how to preserve your business legacy through thoughtful planning.\n\nNext, we hear from a listener deciding whether to join a private social club with a $50K initiation fee and $18K in annual dues. We talk through how to weigh the financial and non-financial factors, from opportunity cost and cash flow to lifestyle alignment and long-term value.\n\nThen, we answer a question from a couple in their early 40s who’ve reached Coast FI and are thinking about moving to part-time work to spend more time with their kids. We cover how to test whether their plan is sustainable, potential gaps like healthcare, and strategies for easing into the transition.\n\nFinally, in this week’s Money in the Headlines, we break down a recent Wall Street Journal article (https://www.wsj.com/finance/investing/financial-advice-investments-personalization-fea73e95) on why so much financial advice is misaligned with real human preferences.\n\nHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast\n\nDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.","content_html":"\u003cp\u003eThis week’s episode starts with a question from a business owner preparing for a future liquidity event, with about $20 million currently tied up in private company stock. Stephan walks through how to manage the risk of overconcentration, ways to diversify before the sale, and how to preserve your business legacy through thoughtful planning.\u003c/p\u003e\n\n\u003cp\u003eNext, we hear from a listener deciding whether to join a private social club with a $50K initiation fee and $18K in annual dues. We talk through how to weigh the financial and non-financial factors, from opportunity cost and cash flow to lifestyle alignment and long-term value.\u003c/p\u003e\n\n\u003cp\u003eThen, we answer a question from a couple in their early 40s who’ve reached Coast FI and are thinking about moving to part-time work to spend more time with their kids. We cover how to test whether their plan is sustainable, potential gaps like healthcare, and strategies for easing into the transition.\u003c/p\u003e\n\n\u003cp\u003eFinally, in this week’s Money in the Headlines, we break down a recent Wall Street Journal article (\u003ca href=\"https://www.wsj.com/finance/investing/financial-advice-investments-personalization-fea73e95\" rel=\"nofollow\"\u003ehttps://www.wsj.com/finance/investing/financial-advice-investments-personalization-fea73e95\u003c/a\u003e) on why so much financial advice is misaligned with real human preferences.\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast\u003c/p\u003e\n\n\u003cp\u003eDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.\u003c/p\u003e","summary":"In this episode, we answer listener questions about reducing concentration risk ahead of a major liquidity event, deciding whether a private club membership fits your financial life, and evaluating the tradeoffs of shifting to part-time work after reaching Coast FI. Plus, our Money in the Headlines segment looks at a WSJ article about why financial advice often fails to reflect individual preferences.","date_published":"2025-08-11T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/d7c9341b-3095-4a1f-8cd6-6c4daf8dd9a7.mp3","mime_type":"audio/mpeg","size_in_bytes":23841555,"duration_in_seconds":1489}]},{"id":"2dde2987-2f86-470b-abf1-5257c3b31cc8","title":"Episode 16: Big Money Moves: Diversifying, Funding Kids’ Futures, and Buying Abroad ","url":"https://sfa-podcast.fireside.fm/16","content_text":"This week’s episode starts with a question from an executive who has about half of their net worth tied up in company stock. Stephan walks through why that level of concentration can be risky, how a 10b5-1 plan works, and the tax and compliance considerations that come with diversifying.\n\nNext, we hear from a parent who has been funding their kids’ 529 plans for years and is close to fully funded. We talk about how to evaluate when you’ve reached the right balance, what to do to avoid overfunding, and alternative accounts to consider for future contributions.\n\nThen, we answer a question from a couple who has been wintering abroad and is debating whether to buy a home there instead of continuing to rent. We cover the additional costs, ownership structures, and estate planning implications of buying international property.\n\nFinally, in this week’s Term of the Day segment, Stephan explains CRTs (Charitable Remainder Trusts), including how they work, who they’re best for, and why they can be a powerful tool for managing appreciated assets.\n\nHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast.","content_html":"\u003cp\u003eThis week’s episode starts with a question from an executive who has about half of their net worth tied up in company stock. Stephan walks through why that level of concentration can be risky, how a 10b5-1 plan works, and the tax and compliance considerations that come with diversifying.\u003c/p\u003e\n\n\u003cp\u003eNext, we hear from a parent who has been funding their kids’ 529 plans for years and is close to fully funded. We talk about how to evaluate when you’ve reached the right balance, what to do to avoid overfunding, and alternative accounts to consider for future contributions.\u003c/p\u003e\n\n\u003cp\u003eThen, we answer a question from a couple who has been wintering abroad and is debating whether to buy a home there instead of continuing to rent. We cover the additional costs, ownership structures, and estate planning implications of buying international property.\u003c/p\u003e\n\n\u003cp\u003eFinally, in this week’s Term of the Day segment, Stephan explains CRTs (Charitable Remainder Trusts), including how they work, who they’re best for, and why they can be a powerful tool for managing appreciated assets.\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast.\u003c/p\u003e","summary":"In this episode, we answer listener questions about diversifying concentrated company stock with a 10b5-1 plan, avoiding overfunding 529 plans, and the key considerations before buying a second home abroad. Plus, our Term of the Day breaks down Charitable Remainder Trusts (CRTs) in plain English.","date_published":"2025-08-04T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/2dde2987-2f86-470b-abf1-5257c3b31cc8.mp3","mime_type":"audio/mpeg","size_in_bytes":18128259,"duration_in_seconds":1132}]},{"id":"e6ca6b0c-5502-43d6-bb4d-e9e28826705f","title":"Episode 15: Fractional Jets, Option Exercises, and Estate Fairness: Financial Planning at the Next Level","url":"https://sfa-podcast.fireside.fm/15","content_text":"This week’s episode starts with a question from a family debating whether to keep their fractional jet ownership or buy a midsize jet outright. Stephan walks through the tax benefits, depreciation rules, and hidden costs that factor into the decision—and why the math isn’t as simple as cost per hour.\n\nNext, we hear from an executive with a large stock option package who wants to exercise wisely without triggering an unnecessary tax bill. \n\nThen, we answer a question from a parent who wants to leave more to one child without creating family tension. We talk through how to use gifts, trusts, and legacy letters to balance fairness and support.\n\nFinally, in this week’s Advisor Red Flags segment, Stephan breaks down why promises to make your stock options “tax-free” are a warning sign.\n\nHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast.","content_html":"\u003cp\u003eThis week’s episode starts with a question from a family debating whether to keep their fractional jet ownership or buy a midsize jet outright. Stephan walks through the tax benefits, depreciation rules, and hidden costs that factor into the decision—and why the math isn’t as simple as cost per hour.\u003c/p\u003e\n\n\u003cp\u003eNext, we hear from an executive with a large stock option package who wants to exercise wisely without triggering an unnecessary tax bill. \u003c/p\u003e\n\n\u003cp\u003eThen, we answer a question from a parent who wants to leave more to one child without creating family tension. We talk through how to use gifts, trusts, and legacy letters to balance fairness and support.\u003c/p\u003e\n\n\u003cp\u003eFinally, in this week’s Advisor Red Flags segment, Stephan breaks down why promises to make your stock options “tax-free” are a warning sign.\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast.\u003c/p\u003e","summary":"A private jet decision. A multimillion-dollar option grant. An uneven inheritance. In this Q\u0026A episode, Stephan unpacks three dilemmas that high-net-worth families face—and offers clear, strategic guidance for navigating them with confidence.","date_published":"2025-07-28T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/e6ca6b0c-5502-43d6-bb4d-e9e28826705f.mp3","mime_type":"audio/mpeg","size_in_bytes":18000515,"duration_in_seconds":1124}]},{"id":"f83bcb0a-ab27-448c-901a-76ef899bfa2b","title":"Episode 14: Dividing, Inheriting, and Starting Fresh: Smart Moves After Life’s Turning Points","url":"https://sfa-podcast.fireside.fm/14","content_text":"We kick off this week's episode with a question from a divorce attorney who listens to help his clients make smarter financial decisions. Stephan shares what really matters when dividing assets like real estate, retirement accounts, and taxable investments... and why equal isn’t always equitable.\n\nNext, we hear from a physician couple in their late 30s who just paid off student loans and want to know what’s next. \n\nThen, we tackle a listener question about inheriting a taxable brokerage account. What does a step-up in basis mean, and how do you decide whether to hold or sell the investments?\n\nFinally, in this week’s Myth or Money, Stephan takes on the idea that \"I'm too young to worry about retirement.\"\n\nHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast.","content_html":"\u003cp\u003eWe kick off this week\u0026#39;s episode with a question from a divorce attorney who listens to help his clients make smarter financial decisions. Stephan shares what really matters when dividing assets like real estate, retirement accounts, and taxable investments... and why equal isn’t always equitable.\u003c/p\u003e\n\n\u003cp\u003eNext, we hear from a physician couple in their late 30s who just paid off student loans and want to know what’s next. \u003c/p\u003e\n\n\u003cp\u003eThen, we tackle a listener question about inheriting a taxable brokerage account. What does a step-up in basis mean, and how do you decide whether to hold or sell the investments?\u003c/p\u003e\n\n\u003cp\u003eFinally, in this week’s Myth or Money, Stephan takes on the idea that \u0026quot;I\u0026#39;m too young to worry about retirement.\u0026quot;\u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Submit it at scholarfinancialadvising.com/podcast.\u003c/p\u003e","summary":"From divorce settlements to post-inheritance decisions to finally being debt-free—life’s transitions come with big financial questions. In this episode, we answer listener questions about dividing marital assets, what to do after inheriting a $1.2M brokerage account, and how two physicians can reset their financial plan after paying off student loans. Plus, in Myth or Money, we bust the idea that you're ever too young to plan for retirement.\r\n","date_published":"2025-07-21T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/f83bcb0a-ab27-448c-901a-76ef899bfa2b.mp3","mime_type":"audio/mpeg","size_in_bytes":21402649,"duration_in_seconds":1337}]},{"id":"827561da-6ab9-4b4e-9a77-aa29df9bbe60","title":"Episode 13: Equity, Exit Plans, and Expensive Zip Codes: Wealth Strategy in Real Life","url":"https://sfa-podcast.fireside.fm/13","content_text":"Thinking about buying a rental property or vacation home? We start this episode with a listener question on whether real estate still makes sense in today’s market. We walk through the impact of high interest rates, what kinds of returns to expect, and when alternatives might be a better fit.\n\nNext, we tackle a tricky family planning question: how to handle gifting down payments to children who live in very different housing markets? We explore gift tax rules, estate equalization strategies, and how to avoid resentment or misunderstanding when gifts aren't equal.\n\nThen we shift to a forward-looking topic: what to do if you’re 5 to 7 years away from selling your business and want to make sure your personal finances are ready. From trust structures and charitable planning to asset protection and risk mitigation, Stephan breaks down what high-net-worth owners should start thinking about now.\n\nIn this week’s Money in the Headlines, we unpack a recent Wall Street Journal article: “Money Can Buy a Longer Life—to a Point.” \n\nHave a question for a future episode? Send it our way at scholarfinancialadvising.com/podcast.","content_html":"\u003cp\u003eThinking about buying a rental property or vacation home? We start this episode with a listener question on whether real estate still makes sense in today’s market. We walk through the impact of high interest rates, what kinds of returns to expect, and when alternatives might be a better fit.\u003c/p\u003e\n\n\u003cp\u003eNext, we tackle a tricky family planning question: how to handle gifting down payments to children who live in very different housing markets? We explore gift tax rules, estate equalization strategies, and how to avoid resentment or misunderstanding when gifts aren\u0026#39;t equal.\u003c/p\u003e\n\n\u003cp\u003eThen we shift to a forward-looking topic: what to do if you’re 5 to 7 years away from selling your business and want to make sure your personal finances are ready. From trust structures and charitable planning to asset protection and risk mitigation, Stephan breaks down what high-net-worth owners should start thinking about now.\u003c/p\u003e\n\n\u003cp\u003eIn this week’s Money in the Headlines, we unpack a recent Wall Street Journal article: “Money Can Buy a Longer Life—to a Point.” \u003c/p\u003e\n\n\u003cp\u003eHave a question for a future episode? Send it our way at scholarfinancialadvising.com/podcast.\u003c/p\u003e","summary":"Is it still worth buying a vacation rental? What’s the best way to gift down payments to kids in wildly different housing markets? And how do you start preparing—personally—for a business sale that’s still a few years out? In this episode, we tackle three listener questions around real estate, family gifting strategy, and long-term exit planning. Plus, in this week’s Money in the Headlines, we explore whether wealth really leads to longer life.","date_published":"2025-07-14T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/827561da-6ab9-4b4e-9a77-aa29df9bbe60.mp3","mime_type":"audio/mpeg","size_in_bytes":21587637,"duration_in_seconds":1348}]},{"id":"b9ba3c4f-74bd-4787-93f6-1edef9efa15f","title":"Episode 12: LLCs, Interest Rates, and Rebalancing: Smart Moves in a Shifting Market","url":"https://sfa-podcast.fireside.fm/12","content_text":"Thinking about launching a solo consulting business? We kick off this episode with a listener question about whether to choose a sole proprietorship or LLC—and how that decision affects taxes, liability, and retirement account options like a Solo 401(k).\n\nThen we shift gears and tackle a timely economic topic: why the Federal Reserve hasn’t cut interest rates yet, even as inflation cools. We break down the Fed’s dual mandate, the risks of acting too early, and how this all affects your borrowing, investing, and planning decisions.\n\nWe also answer a key portfolio management question: how often should you review and rebalance your investments—especially during a volatile rate environment?\n\nAnd in our Tool Spotlight, we feature Kubera, a sleek net worth tracking app that gives high-net-worth individuals a consolidated, secure, and estate-ready view of their entire financial life.\n\nGot a question you’d like us to answer? Share it with us at scholarfinancialadvising.com/podcast","content_html":"\u003cp\u003eThinking about launching a solo consulting business? We kick off this episode with a listener question about whether to choose a sole proprietorship or LLC—and how that decision affects taxes, liability, and retirement account options like a Solo 401(k).\u003c/p\u003e\n\n\u003cp\u003eThen we shift gears and tackle a timely economic topic: why the Federal Reserve hasn’t cut interest rates yet, even as inflation cools. We break down the Fed’s dual mandate, the risks of acting too early, and how this all affects your borrowing, investing, and planning decisions.\u003c/p\u003e\n\n\u003cp\u003eWe also answer a key portfolio management question: how often should you review and rebalance your investments—especially during a volatile rate environment?\u003c/p\u003e\n\n\u003cp\u003eAnd in our Tool Spotlight, we feature Kubera, a sleek net worth tracking app that gives high-net-worth individuals a consolidated, secure, and estate-ready view of their entire financial life.\u003c/p\u003e\n\n\u003cp\u003e\u003cem\u003eGot a question you’d like us to answer? Share it with us at scholarfinancialadvising.com/podcast\u003c/em\u003e\u003c/p\u003e","summary":"Starting a consulting business? Wondering if an LLC is worth it? In this episode, we tackle entity selection for solo entrepreneurs, how to think through tax treatment, and what structure gives you the best retirement plan options. We also dig into why the Fed hasn’t lowered interest rates yet—and what that means for investors navigating today’s uncertain landscape. Finally, we answer a common question: how often should you rebalance your portfolio in a market like this? Plus, in this week’s Tool Spotlight, we highlight Kubera, a powerful net worth tracking tool for clients with complex assets.","date_published":"2025-07-07T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/b9ba3c4f-74bd-4787-93f6-1edef9efa15f.mp3","mime_type":"audio/mpeg","size_in_bytes":19429992,"duration_in_seconds":1213}]},{"id":"d55ae673-0dca-4c9a-8496-6707f0d83e63","title":"Episode 11: Estate Planning in Motion: Trust Strategies, IPO Tax Prep, and Smarter Umbrella Insurance","url":"https://sfa-podcast.fireside.fm/11","content_text":"This week on the Scholar Advising Podcast, we’re tackling three client questions about managing wealth for the next generation and preparing for future tax changes.\n\nFirst, we look at how an irrevocable trust can help families lock in today’s higher estate tax exemption before the 2026 sunset—and how to align trust planning with long-term gifting goals.\n\nNext, we dive into pre-IPO planning: what to know about tax triggers, timing, and risk management when holding stock in a private company headed toward IPO.\n\nThen we discuss industry norms around umbrella insurance—what to expect when adding this type of coverage, and why many insurers require bundling with other policies.\n\nIn this week’s Term of the Day, we break down Family Limited Partnerships—what they are, how they work, and why some families use this structure as part of an overall estate or gifting plan.\n\nHave a question you’d like us to tackle in a future episode? Submit it at [scholarfinancialadvising.com/podcast](www.scholarfinancialadvising.com/podcast)\n\nDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.","content_html":"\u003cp\u003eThis week on the Scholar Advising Podcast, we’re tackling three client questions about managing wealth for the next generation and preparing for future tax changes.\u003c/p\u003e\n\n\u003cp\u003eFirst, we look at how an irrevocable trust can help families lock in today’s higher estate tax exemption before the 2026 sunset—and how to align trust planning with long-term gifting goals.\u003c/p\u003e\n\n\u003cp\u003eNext, we dive into pre-IPO planning: what to know about tax triggers, timing, and risk management when holding stock in a private company headed toward IPO.\u003c/p\u003e\n\n\u003cp\u003eThen we discuss industry norms around umbrella insurance—what to expect when adding this type of coverage, and why many insurers require bundling with other policies.\u003c/p\u003e\n\n\u003cp\u003eIn this week’s Term of the Day, we break down Family Limited Partnerships—what they are, how they work, and why some families use this structure as part of an overall estate or gifting plan.\u003c/p\u003e\n\n\u003cp\u003e\u003cem\u003eHave a question you’d like us to tackle in a future episode? Submit it at [scholarfinancialadvising.com/podcast](\u003ca href=\"http://www.scholarfinancialadvising.com/podcast\" rel=\"nofollow\"\u003ewww.scholarfinancialadvising.com/podcast\u003c/a\u003e)\u003c/em\u003e\u003c/p\u003e\n\n\u003cp\u003eDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.\u003c/p\u003e","summary":"This week, we’re answering client questions about big-picture estate planning, preparing for future tax exposure, and protecting family wealth. We’ll cover trust strategies ahead of the 2026 estate tax sunset, key tax considerations for pre-IPO stockholders, and what to expect when shopping for umbrella insurance coverage.","date_published":"2025-06-30T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/d55ae673-0dca-4c9a-8496-6707f0d83e63.mp3","mime_type":"audio/mpeg","size_in_bytes":22144065,"duration_in_seconds":1383}]},{"id":"dbe0e959-8567-4d9d-875a-12f3e316f9ac","title":"Episode 10: Planning When Plans Shift: Inflation, Impact Investing, and Helping Others Catch Up","url":"https://sfa-podcast.fireside.fm/10","content_text":"This week on the Scholar Advising Podcast, we’re tackling three thoughtful listener questions—each one focused on what to do when your plan, or someone else’s, needs a reset.\n\nWe start with inflation: if it doesn’t cool down as expected, should you revisit your numbers? We’ll walk through how to adjust spending, allocation, and expectations without derailing your long-term goals.\n\nNext, we address how to help a friend or relative who hasn’t saved for retirement and isn’t financially confident—without overwhelming them. And for listeners curious about aligning money with values, we break down how to get started with impact investing in a way that makes sense for your portfolio.\n\nIn our From the Field segment, Stephan shares a few highlights and personal takeaways from our annual personal finance conference in Charleston. Thanks to everyone who joined us—we’ll be back next year!\n\nHave a question you’d like us to tackle in a future episode? Email us at podcast@scholarfinancialadvising.com","content_html":"\u003cp\u003eThis week on the Scholar Advising Podcast, we’re tackling three thoughtful listener questions—each one focused on what to do when your plan, or someone else’s, needs a reset.\u003c/p\u003e\n\n\u003cp\u003eWe start with inflation: if it doesn’t cool down as expected, should you revisit your numbers? We’ll walk through how to adjust spending, allocation, and expectations without derailing your long-term goals.\u003c/p\u003e\n\n\u003cp\u003eNext, we address how to help a friend or relative who hasn’t saved for retirement and isn’t financially confident—without overwhelming them. And for listeners curious about aligning money with values, we break down how to get started with impact investing in a way that makes sense for your portfolio.\u003c/p\u003e\n\n\u003cp\u003eIn our From the Field segment, Stephan shares a few highlights and personal takeaways from our annual personal finance conference in Charleston. Thanks to everyone who joined us—we’ll be back next year!\u003c/p\u003e\n\n\u003cp\u003e\u003cem\u003eHave a question you’d like us to tackle in a future episode? Email us at \u003ca href=\"mailto:podcast@scholarfinancialadvising.com\" rel=\"nofollow\"\u003epodcast@scholarfinancialadvising.com\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e","summary":"What should you do if inflation stays higher than expected? How can you help a friend who hasn’t saved for retirement? And what should you consider when thinking about impact investing in today’s shifting landscape? In this episode, we tackle these questions and share insights from our annual personal finance conference.","date_published":"2025-06-23T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/dbe0e959-8567-4d9d-875a-12f3e316f9ac.mp3","mime_type":"audio/mpeg","size_in_bytes":19351300,"duration_in_seconds":1209}]},{"id":"5d645a2f-ab83-4c66-9ed4-0ce486e19857","title":"Episode 9: Beyond the Paycheck: Vacation Rental ROI, State Taxes, and Deferred Comp Decisions ","url":"https://sfa-podcast.fireside.fm/9","content_text":"What’s the real return on your vacation rental—and how should you plan for taxes, depreciation, and long-term upkeep? In this episode, we talk through how to evaluate income property profitability and when to treat it like a true investment versus a lifestyle asset.\n\nNext, we explore what to consider before relocating to a no-income-tax state—including often-missed costs, estate tax rules by state, and how to make your residency stick legally. Then we unpack deferred compensation: how to evaluate the benefit, what tax and liquidity tradeoffs to watch for, and how it fits into an executive or physician’s overall financial plan.\n\nFinally, in our Money in the Headlines segment, Stephan shares insight on a recent survey revealing that 77% of Americans have changed their financial habits due to recession fears. He breaks down what’s smart strategy vs. emotional reaction—and how high-net-worth families can stay steady through volatility.\n\nHave a burning finance question we should feature in a future episode? Email us at podcast@scholarfinancialadvising.com","content_html":"\u003cp\u003eWhat’s the real return on your vacation rental—and how should you plan for taxes, depreciation, and long-term upkeep? In this episode, we talk through how to evaluate income property profitability and when to treat it like a true investment versus a lifestyle asset.\u003c/p\u003e\n\n\u003cp\u003eNext, we explore what to consider before relocating to a no-income-tax state—including often-missed costs, estate tax rules by state, and how to make your residency stick legally. Then we unpack deferred compensation: how to evaluate the benefit, what tax and liquidity tradeoffs to watch for, and how it fits into an executive or physician’s overall financial plan.\u003c/p\u003e\n\n\u003cp\u003eFinally, in our Money in the Headlines segment, Stephan shares insight on a recent survey revealing that 77% of Americans have changed their financial habits due to recession fears. He breaks down what’s smart strategy vs. emotional reaction—and how high-net-worth families can stay steady through volatility.\u003c/p\u003e\n\n\u003cp\u003eHave a burning finance question we should feature in a future episode? Email us at \u003ca href=\"mailto:podcast@scholarfinancialadvising.com\" rel=\"nofollow\"\u003epodcast@scholarfinancialadvising.com\u003c/a\u003e\u003c/p\u003e","summary":"This week, we’re digging into real-world financial decisions with long-term impact. What’s the right way to measure ROI on a vacation rental—and how do you account for taxes, maintenance, and future resale? Thinking of relocating to a no-income-tax state? We explain what to evaluate beyond just taxes, including legal residency rules and estate implications. If you’ve been offered deferred compensation, we’ll walk through how to weigh the benefits, risks, and coordination with other retirement strategies.\r\n\r\nThen in Money in the Headlines, Stephan reacts to a new survey showing 77% of Americans are changing their financial behavior due to recession fears. Is that smart strategy—or emotional overreaction?","date_published":"2025-06-16T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/5d645a2f-ab83-4c66-9ed4-0ce486e19857.mp3","mime_type":"audio/mpeg","size_in_bytes":17979160,"duration_in_seconds":1123}]},{"id":"49299dc1-9dbb-4385-bf08-b153bafa9176","title":"Episode 8: Three Physicians, Three Big Questions: Planning for Flexibility, Savings, and Sanity","url":"https://sfa-podcast.fireside.fm/8","content_text":"Three physicians. Three very different financial questions. In this episode, we unpack real scenarios from high-income earners navigating career growth, variable income, and burnout.\n\nFirst, we address retirement planning for locum tenens physicians—what options exist when there’s no employer-sponsored plan?\n\nNext, we talk strategy with a private practice physician whose income varies with revenue share. \n\nFinally, we hear from a physician feeling the effects of burnout. With significant assets already saved, she’s asking a question many mid-career professionals face: Can I afford to slow down? We explore how to balance lifestyle changes with long-term financial independence.\n\nIn this week’s special segment “Advisor Red Flags,\" we challenge the common advice that “maxing out your 401(k) is enough.\"\n\n_Have a question you’d like us to tackle in a future episode? Email us at podcast@scholarfinancialadvising.com\n_","content_html":"\u003cp\u003eThree physicians. Three very different financial questions. In this episode, we unpack real scenarios from high-income earners navigating career growth, variable income, and burnout.\u003c/p\u003e\n\n\u003cp\u003eFirst, we address retirement planning for locum tenens physicians—what options exist when there’s no employer-sponsored plan?\u003c/p\u003e\n\n\u003cp\u003eNext, we talk strategy with a private practice physician whose income varies with revenue share. \u003c/p\u003e\n\n\u003cp\u003eFinally, we hear from a physician feeling the effects of burnout. With significant assets already saved, she’s asking a question many mid-career professionals face: Can I afford to slow down? We explore how to balance lifestyle changes with long-term financial independence.\u003c/p\u003e\n\n\u003cp\u003eIn this week’s special segment “Advisor Red Flags,\u0026quot; we challenge the common advice that “maxing out your 401(k) is enough.\u0026quot;\u003c/p\u003e\n\n\u003cp\u003e_Have a question you’d like us to tackle in a future episode? Email us at \u003ca href=\"mailto:podcast@scholarfinancialadvising.com\" rel=\"nofollow\"\u003epodcast@scholarfinancialadvising.com\u003c/a\u003e\u003cbr\u003e\n_\u003c/p\u003e","summary":"Feeling burned out but unsure if you can afford to cut back? We answer physician finance questions about retirement accounts, variable income planning, and what financial independence looks like when you’re ready for a slower pace.","date_published":"2025-06-09T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/49299dc1-9dbb-4385-bf08-b153bafa9176.mp3","mime_type":"audio/mpeg","size_in_bytes":18640006,"duration_in_seconds":1164}]},{"id":"0325a87b-c704-47bc-8b1a-403d36d4f937","title":"Episode 7: Wealth Concentration to Weekend Plans: Retirement Prep and Financial Literacy for Heirs","url":"https://sfa-podcast.fireside.fm/7","content_text":"What happens when your net worth is concentrated in a single asset—like a family business—and you want to diversify without triggering a big tax bill? In this episode, we talk through real scenarios from clients navigating legacy planning, lifestyle transitions, and wealth transfer decisions. We cover strategies for reducing concentration risk using gradual sales, ESOPs, and hedging tools like options, along with ways to balance liquidity and long-term planning.\n\nWe also explore how to prepare emotionally and practically for retirement when the structure of work disappears but the desire for purpose remains. From part-time transitions to extended travel and volunteering, we discuss how to “test drive” your next chapter. Then we turn to a common concern: how to gift generously to your kids each year without creating entitlement. We talk strategies like matching gifts, incentive trust planning, and building strong financial literacy to support lifelong responsibility and independence.\n\nAnd this week’s special segment is a bonus question from a long-term client: what happens if you accidentally over-contribute to your retirement accounts after receiving a large bonus?\n\nHave a burning finance question we should discuss in the next episode? Email us at podcast@scholarfinancialadvising.com","content_html":"\u003cp\u003eWhat happens when your net worth is concentrated in a single asset—like a family business—and you want to diversify without triggering a big tax bill? In this episode, we talk through real scenarios from clients navigating legacy planning, lifestyle transitions, and wealth transfer decisions. We cover strategies for reducing concentration risk using gradual sales, ESOPs, and hedging tools like options, along with ways to balance liquidity and long-term planning.\u003c/p\u003e\n\n\u003cp\u003eWe also explore how to prepare emotionally and practically for retirement when the structure of work disappears but the desire for purpose remains. From part-time transitions to extended travel and volunteering, we discuss how to “test drive” your next chapter. Then we turn to a common concern: how to gift generously to your kids each year without creating entitlement. We talk strategies like matching gifts, incentive trust planning, and building strong financial literacy to support lifelong responsibility and independence.\u003c/p\u003e\n\n\u003cp\u003eAnd this week’s special segment is a bonus question from a long-term client: what happens if you accidentally over-contribute to your retirement accounts after receiving a large bonus?\u003c/p\u003e\n\n\u003cp\u003e\u003cem\u003eHave a burning finance question we should discuss in the next episode? Email us at \u003ca href=\"mailto:podcast@scholarfinancialadvising.com\" rel=\"nofollow\"\u003epodcast@scholarfinancialadvising.com\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e","summary":"Holding most of your wealth in a family business? We cover how to reduce concentration risk when wealth is tied to a family business, how to prepare for the emotional and financial transition into retirement, and how to structure gifts to children with financial literacy in mind. Plus, a bonus question on managing over-contributions after a large bonus payout.","date_published":"2025-06-02T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/0325a87b-c704-47bc-8b1a-403d36d4f937.mp3","mime_type":"audio/mpeg","size_in_bytes":27134164,"duration_in_seconds":1695}]},{"id":"d77031c8-0db4-44c9-88e3-2eb2bce70760","title":"Episode 6: Corporate Cash, Market Timing, and Private Equity: Diversification Strategies for High Earners","url":"https://sfa-podcast.fireside.fm/6","content_text":"Sitting on cash, whether in a corporate account or on the sidelines of the market, can feel safe, but is there a more strategic move? In this episode, we chat through real questions from business owners and high-net-worth investors looking to make smarter use of their wealth. From deciding whether to reinvest profits or take a distribution, to reentering the market after sitting in cash, we explore how to balance opportunity, liquidity, and long-term growth.\n\nWe also get into the fundamentals of investing in private equity with friends: what entity structure to use, how to protect yourself legally, and why due diligence matters. \n\nFinally, in this week's “Term of the Day” segment, we break down Qualified Charitable Distributions (QCDs) and explain how they can be a powerful tax tool in retirement.\n\nHave a burning finance question we should discuss in the next episode? Email us at podcast@scholarfinancialadvising.com.\n\nDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.","content_html":"\u003cp\u003eSitting on cash, whether in a corporate account or on the sidelines of the market, can feel safe, but is there a more strategic move? In this episode, we chat through real questions from business owners and high-net-worth investors looking to make smarter use of their wealth. From deciding whether to reinvest profits or take a distribution, to reentering the market after sitting in cash, we explore how to balance opportunity, liquidity, and long-term growth.\u003c/p\u003e\n\n\u003cp\u003eWe also get into the fundamentals of investing in private equity with friends: what entity structure to use, how to protect yourself legally, and why due diligence matters. \u003c/p\u003e\n\n\u003cp\u003eFinally, in this week\u0026#39;s \u003cem\u003e“Term of the Day”\u003c/em\u003e segment, we break down Qualified Charitable Distributions (QCDs) and explain how they can be a powerful tax tool in retirement.\u003c/p\u003e\n\n\u003cp\u003e\u003cem\u003eHave a burning finance question we should discuss in the next episode? Email us at \u003ca href=\"mailto:podcast@scholarfinancialadvising.com\" rel=\"nofollow\"\u003epodcast@scholarfinancialadvising.com\u003c/a\u003e.\u003c/em\u003e\u003c/p\u003e\n\n\u003cp\u003eDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.\u003c/p\u003e","summary":"Wondering what to do with excess cash in your business or portfolio? We cover diversification benefits, dollar cost averaging, and private equity basics, including how to protect yourself with an LLC vs. LP. Plus, a simple breakdown of Qualified Charitable Distributions (QCDs) and when they make sense.","date_published":"2025-05-26T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/d77031c8-0db4-44c9-88e3-2eb2bce70760.mp3","mime_type":"audio/mpeg","size_in_bytes":23684284,"duration_in_seconds":1479}]},{"id":"5822053d-5c0f-4bfa-b347-1fb8c020385d","title":"Episode 5: From Startup Exits to Luxury Properties: High-Income Tax Planning and Wealth Strategies for Founders and Medical Pros ","url":"https://sfa-podcast.fireside.fm/5","content_text":"Managing wealth after a big payout or a high-earning career isn’t always straightforward. In this episode, we chat through real scenarios from tech founders and medical professionals who are facing complex financial choices. From weighing mortgage payoff against retirement investing to setting up charitable funds, we explore how to prioritize goals while keeping an eye on long-term tax efficiency.\n\nWe also get into strategies for reducing taxable income—like maximizing retirement accounts, considering Roth conversions, and choosing the right business structure for private practices. And when it comes to luxury property, we talk through what makes sense financially versus emotionally. \n\nFinally, this week’s “Myth or Money” segment: “I have an existing IRA so I can’t do a backdoor Roth.” Is that fact or fiction? We break it down in this episode.\n\nHave a burning finance question we should discuss in the next episode? Email us at podcast@scholarfinancialadvising.com\n\nDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.","content_html":"\u003cp\u003eManaging wealth after a big payout or a high-earning career isn’t always straightforward. In this episode, we chat through real scenarios from tech founders and medical professionals who are facing complex financial choices. From weighing mortgage payoff against retirement investing to setting up charitable funds, we explore how to prioritize goals while keeping an eye on long-term tax efficiency.\u003c/p\u003e\n\n\u003cp\u003eWe also get into strategies for reducing taxable income—like maximizing retirement accounts, considering Roth conversions, and choosing the right business structure for private practices. And when it comes to luxury property, we talk through what makes sense financially versus emotionally. \u003c/p\u003e\n\n\u003cp\u003eFinally, this week’s “Myth or Money” segment: “I have an existing IRA so I can’t do a backdoor Roth.” Is that fact or fiction? We break it down in this episode.\u003c/p\u003e\n\n\u003cp\u003e\u003cem\u003eHave a burning finance question we should discuss in the next episode? Email us at \u003ca href=\"mailto:podcast@scholarfinancialadvising.com\" rel=\"nofollow\"\u003epodcast@scholarfinancialadvising.com\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\u003cp\u003eDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.\u003c/p\u003e","summary":"Sold your startup or earning big as a physician? In this episode, we answer questions about high-income tax strategies, smart property investing, and how to prioritize competing financial goals—from retirement to philanthropy.","date_published":"2025-05-19T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/5822053d-5c0f-4bfa-b347-1fb8c020385d.mp3","mime_type":"audio/mpeg","size_in_bytes":21422808,"duration_in_seconds":1338}]},{"id":"917df245-7da6-4c0b-b83d-4dea5bfb02d8","title":"Episode 3: Episode 3: Tax Planning, CPAs, and the Final Stretch to Retirement","url":"https://sfa-podcast.fireside.fm/3","content_text":"In this episode of the Scholar Wealth Podcast, Stephan Shipe explains the crucial difference between tax planning and tax advice—and how collaboration between your financial advisor and CPA can prevent costly surprises. He outlines when to bring your accountant into the process, how proactive modeling can help hedge against future tax increases, and why complex events like IPOs, business sales, and inheritances require coordinated planning.\n\nStephan then turns to the retirement transition, describing why the five years before and after your target date are the most critical for financial decision-making. He covers how to prepare for income changes, sequence-of-returns risk, and liquidity needs, and why stress testing your plan is essential before leaving the workforce.\n\nDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice. The opinions expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principal. Past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance. Thanks for listening!","content_html":"\u003cp\u003eIn this episode of the Scholar Wealth Podcast, Stephan Shipe explains the crucial difference between tax planning and tax advice—and how collaboration between your financial advisor and CPA can prevent costly surprises. He outlines when to bring your accountant into the process, how proactive modeling can help hedge against future tax increases, and why complex events like IPOs, business sales, and inheritances require coordinated planning.\u003c/p\u003e\n\n\u003cp\u003eStephan then turns to the retirement transition, describing why the five years before and after your target date are the most critical for financial decision-making. He covers how to prepare for income changes, sequence-of-returns risk, and liquidity needs, and why stress testing your plan is essential before leaving the workforce.\u003c/p\u003e\n\n\u003cp\u003eDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice. The opinions expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principal. Past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance. Thanks for listening!\u003c/p\u003e","summary":"What’s the difference between tax planning and tax advice—and when should you involve your CPA?\r\nIn this week’s Scholar Wealth Podcast, Stephan Shipe breaks down how financial advisors and accountants work together to optimize tax outcomes, then walks through what it really means to prepare for retirement when you’re just a few years away.\r\n\r\nFrom Roth conversion timing and income modeling to portfolio structure and cash flow strategy, this episode explores how proactive planning today can make your next major financial transition far smoother.","date_published":"2025-05-05T06:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/917df245-7da6-4c0b-b83d-4dea5bfb02d8.mp3","mime_type":"audio/mpeg","size_in_bytes":9498165,"duration_in_seconds":593}]},{"id":"8aef69fc-0b3d-491f-8742-fa334554fd4f","title":"Episode 2: Can You DIY Your Financial Plan with Software? Plus, How Often to Check Your Portfolio","url":"https://sfa-podcast.fireside.fm/2","content_text":"In this episode of the Scholar Wealth Podcast, Stephan Shipe tackles two practical questions that come up often for hands-on investors:\n\n\nCan you just buy the same financial planning software advisors use and do it yourself?\nStephan explains where consumer tools fall short, the hidden complexity behind professional financial models, and why the real value of a financial plan isn’t in the software—it’s in the interpretation and execution.\nHow often should you check your portfolio?\nHe outlines a healthy cadence for portfolio reviews, how to avoid emotional investing triggered by market swings, and why “forgetting” your portfolio most of the year can actually lead to better outcomes.\n\n\nTune in for a candid look at where DIY investing works—and where professional guidance can make all the difference.\n\nDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.","content_html":"\u003cp\u003eIn this episode of the Scholar Wealth Podcast, Stephan Shipe tackles two practical questions that come up often for hands-on investors:\u003c/p\u003e\n\n\u003col\u003e\n\u003cli\u003e\u003cp\u003eCan you just buy the same financial planning software advisors use and do it yourself?\u003cbr\u003e\nStephan explains where consumer tools fall short, the hidden complexity behind professional financial models, and why the real value of a financial plan isn’t in the software—it’s in the interpretation and execution.\u003c/p\u003e\u003c/li\u003e\n\u003cli\u003e\u003cp\u003eHow often should you check your portfolio?\u003cbr\u003e\nHe outlines a healthy cadence for portfolio reviews, how to avoid emotional investing triggered by market swings, and why “forgetting” your portfolio most of the year can actually lead to better outcomes.\u003c/p\u003e\u003c/li\u003e\n\u003c/ol\u003e\n\n\u003cp\u003eTune in for a candid look at where DIY investing works—and where professional guidance can make all the difference.\u003c/p\u003e\n\n\u003cp\u003eDisclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.\u003c/p\u003e","summary":"This week, Stephan answers two common questions from DIY investors. First: can you really just buy the same financial planning software advisors use and run your own plan? Then: how often should you actually be checking your portfolio? Stephan breaks down what separates professional-grade planning tools from consumer versions, when retail software might be enough, and why too much portfolio monitoring can do more harm than good.","date_published":"2025-04-28T05:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/8aef69fc-0b3d-491f-8742-fa334554fd4f.mp3","mime_type":"audio/mpeg","size_in_bytes":9449093,"duration_in_seconds":590}]},{"id":"3787c5c4-e953-4207-b656-574b32950550","title":"Episode 1: Launching the Scholar Wealth Podcast","url":"https://sfa-podcast.fireside.fm/1","content_text":"In this first episode of the Scholar Wealth Podcast, host Stephan Shipe introduces himself, shares the story behind the show, and outlines what listeners can expect each week. With a PhD in finance, years of academic research, and experience advising high-net-worth families, Stephan explains why this podcast was created: to provide clear, expert insights for families facing complex wealth challenges.\n\nFrom multi-generational legacy planning to executive compensation, business exits, philanthropy, and beyond, this podcast is built for those who want to go deeper than the basics. Stephan also introduces the Scholar Wealth Network, a community designed to connect families with resources, education, and expert perspectives.\n\nTune in to hear the mission behind the podcast and how you can get involved by submitting your own questions and joining the conversation.\n\nThe information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.","content_html":"\u003cp\u003eIn this first episode of the Scholar Wealth Podcast, host Stephan Shipe introduces himself, shares the story behind the show, and outlines what listeners can expect each week. With a PhD in finance, years of academic research, and experience advising high-net-worth families, Stephan explains why this podcast was created: to provide clear, expert insights for families facing complex wealth challenges.\u003c/p\u003e\n\n\u003cp\u003eFrom multi-generational legacy planning to executive compensation, business exits, philanthropy, and beyond, this podcast is built for those who want to go deeper than the basics. Stephan also introduces the Scholar Wealth Network, a community designed to connect families with resources, education, and expert perspectives.\u003c/p\u003e\n\n\u003cp\u003eTune in to hear the mission behind the podcast and how you can get involved by submitting your own questions and joining the conversation.\u003c/p\u003e\n\n\u003cp\u003eThe information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.\u003c/p\u003e","summary":"In our debut episode, host Stephan Shipe shares the story behind the Scholar Wealth Podcast and what listeners can expect each week. Designed for families with complex wealth, the show goes beyond the basics to deliver expert insights, real stories, and practical answers to your most sophisticated financial questions.","date_published":"2025-04-21T07:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/5a83d63b-0bb0-4b91-885d-9893a6b1b1ce/3787c5c4-e953-4207-b656-574b32950550.mp3","mime_type":"audio/mpeg","size_in_bytes":5520933,"duration_in_seconds":345}]}]}