Standard Deviations Podcast | Living Confidently

FEATURED EPISODES

Immigrants + Finance with Iván Watanabe (Pt. Two)

Iván is a graduate of the College of the Holy Cross with a bachelor’s degree in political science and Spanish literature and brings a unique blend of analytical and holistic thinking to each of his clients. Iván’s expertise is in asset protection, wealth accumulation and wealth distribution strategies. His vast knowledge and rich experience in the finance industry earned him one of the most prestigious industry awards, the President’s Council Award in 2018. The son of a Venezuelan mother and a Japanese father, Iván enjoys working with families of diverse backgrounds; he is particularly sensitive to and appreciative of the nuances that come with various cultures in the context of planning for the future. His contributions to the Latino business community have been recognized on a national stage, and he was voted one of El Mundo Magazine’s Latino 30 Under 30 in 2016. Iván is also a former board member of the New York chapter of the Association of Latino Professionals For America (ALPFA), and he remains an active corporate liaison to help advance the success of Latino professionals. He and his wife are residents of Westchester. He spends his free time playing basketball, golf, and cheering for his favorite sports teams, the Boston Celtics, Boston Red Sox, and Miami Dolphins. Tune in to hear: – How do various cultures differ on their views of wealth and propensity to openly discuss financial matters? – What are some of the unique financial concerns and strengths faced by immigrant families? – Financial preparation takeaways from coronavirus and other disruptive, unexpected events. – For many first generation families, owning property is a sign of financial success and a big priority – what is the genesis of this belief, and how does one counsel their clients to take a more diversified approach? – What practices could American money culture adopt from immigrant cultures to strengthen our approach to investment and savings? Follow up with Iván:
Web – www.opus-pc.com
LinkedIn –www.linkedin.com/in/iv%C3%A1n-watanabe-2185a49

#62 / June 12, 2020

Immigrants + Finance with Ashvin Chheda (Pt. One)

Ashvin Chheda, President & Managing Director at Opes One Advisors, was born in Ibadan, Nigeria. He was fortunate to be raised on the University of Ibadan campus, where his parents were professors. Moving to the UK, Ashvin earned a Bachelors of Engineering in Electrical Engineering from the University of Manchester Institute of Science and Tech, and subsequently moved to the US to complete a Master’s of Science at the University of Michigan. While employed at a large telecom company in the 90’s, Ashvin was exposed to a set of elegant and innovative financial strategies. He earned the appropriate licenses and has achieved a great deal in the past decade as a financial professional and mentor. He has 48 patents granted for sophisticated solutions to various engineering problems and has redirected and harnessed this level of energy and innovation for his financial planning practice. He has won numerous Centurian club awards. Tune in to hear:
– What impact from coronavirus is Ashvin seeing on his clients?
– Which workforce sectors are getting hardest hit, so far, by Covid-19?
– Potential approaches financial professionals can take when there are unprecedented levels of uncertainty
– What the concept of “bucketing” means within a financial plan and how this can encourage positive investment behavior
– How to counsel a client set on sending money home to family abroad without having their own stable financial house secured
– While every person’s financial situation is unique, how in general do the financial concerns of a first generation American differ from say, a fourth generation American?
– What are some unique financial planning considerations for clients on a work visa? Follow up with Ashvin: https://www.ashvinchheda.com

#61 / May 28, 2020

Breaking the Chains of Debt with Nichole Mayer

Nichole is a wealth management advisor with Westpac Wealth Partners who has 13 years of industry experience. She joins Dr. Crosby this week to discuss the good, bad and ugly of taking on personal debt. Listen in to learn: How certain types of debt can actually be good What she thinks can be done about the student debt crisis Why you might not be able to afford as much home as that mortgage calculator suggests What to consider when taking on credit card debt Many personal finance professionals consider “debt” another four letter word but Nichole’s nuanced take will give you much to consider. Follow up with Nicole: https://www.westpacwealth.com/team/nichole-mayer

#48 / August 22, 2019

Adapting to a Changing World with Marty Nachemson

Marty Nachemson is a partner at Prosperian Wealth Management where he specializes in holistic financial planning. Today, he joins us to discuss how he stays adaptable in a business world that’s always changing. We touch on: How “adaptability quotient” or AQ, differs from IQ and EQ Is the world really changing faster than ever? Harvard’s take on the three keys to having high AQ How to create a culture that is comfortable with change Follow up with Marty: http://prosperianwealth.com/martin-nachemson/

#43 / July 18, 2019

ALL EPISODES

The Intuitive Investor with Jason Voss

Jason is the CEO Active Investment Management Consulting, a former asset manager, the author of The Intuitive Investor and innovator in the world of financial services around making the field more introspective and empathic. He is one of the most original thinkers in finance and you won’t want to miss this episode in which we discuss: Jason’s take on the future of the asset management industry “Alpha wounds” or things that asset managers do that destroy value How people of all stripes can be more creative

#34 / May 16, 2019

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#34 / May 16, 2019

Improving Decisions with Behavioral Science With Clare Flynn Levy

Clare Flynn Levy is a former fund manager who is now the CEO of Essentia Analytics, a behavioral finance platform designed to help managers make better decisions. In this episode, we discuss: Why Clare believes in active management at a time when fund flows suggest otherwise How she tells some of the richest people in the world, “You’re wrong” The most common behavioral errors she sees among fund managers

#33 / May 9, 2019

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#33 / May 9, 2019

The Lessons of Financial History with Jamie Catherwood

Jamie is a rising star in the world of finance who has burst onto the scene with his in-depth analysis of financial history. In this episode, Jamie helps us understand the lessons of financial history with an eye to learning from past mistakes. Our discussion includes: How can learn from financial history without drawing spurious correlations? Why the roots of modern ETFs actually begin in Medieval Europe Jamie’s favorite books on financial history

#32 / May 8, 2019

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#32 / May 8, 2019

Investing with Twitter Sentiment with Andy Swan

Andy Swan is the founder of LikeFolio, a company that provides consumer behavior insights to investors and corporations. In this episode, we discuss using social media sentiment from sites like Twitter to make investment decisions. Our conversation includes: How accurate is Twitter sentiment at helping predict market moves? Why Andy believes in concentrated portfolios The benefits of running a tech company from a non-traditional location

#31 / April 25, 2019

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#31 / April 25, 2019

Of Tragedy and Preparation with Joleen Mainz

When her life was upended by a series of tragic events, Joleen Mainz, Retired Partner, Hegland Mainz Financial, wasn’t sure how to proceed. Luckily, she found strength in taking much of the same advice that she had given her clients over the years. Listen to this heart wrenching episode to learn: Why “eating your own” cooking is a must for financial professionals How Joleen maintains hope in the face of tragedy What you can do today to prepare for the unthinkable

#30 / April 18, 2019

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#30 / April 18, 2019

Goals-Based Retirement with Christine Benz

Christine Benz, the Director of Personal Finance at Morningstar and author of “30 Minute Money Solutions: A Step-by-Step Guide to Managing your Finances” takes on the intersection of retirement and psychology, specifically focusing on goals-based approaches to retirement readiness. Talking points include: What is a goals-based approach to retirement and what are its potential psychological advantages? What is mental accounting and how can it be used to manage financial behavior? How can those who are underprepared for retirement get started today? Christine has a wealth of knowledge on the topic and you’re sure to leave with ideas for how you can better prepare for tomorrow.

#29 / April 15, 2019

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#29 / April 15, 2019

Understanding the Myers-Briggs Type Indicator (MBTI) with Dr. Jordan Turner

The Myers-Briggs Type Indicator ® is the world’s most popular personality instrument but isn’t without its controversies. Loved by loyalists and sneered at by many social scientists, Dr. Turner gives a candid assessment of the strengths and weaknesses of the MBTI and speaks directly to how it can be used to deepen our understanding of self. Specifically, we discuss: The origins of the MBTI Common criticisms of the MBTI including validity and reliability Each of the four personality scales The ideal applications of personality testing

#28 / April 10, 2019

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#28 / April 10, 2019

The Retirement Savings Crisis and You with Joe Fitzgerald

Joe Fitzgerald, Financial Advisor at Northeast Planning Corporation, sees the retirement savings crisis in America for what it is and has thoughts on how to fix it. Tune in to learn: Which cultural differences drive savings behaviors around the world The common behaviors shared by the best savers How to avoid “lifestyle creep” and living beyond your means Follow up with Joe: https://www.nepcusa.com/team/joseph-fitzgerald

#27 / March 28, 2019

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#27 / March 28, 2019

New Horizons in Risk Profiling with Aaron Klein

Aaron Klein is the CEO and co-founder of Riskalyze, a fintech company that has taken the world of financial advice by storm over the past five years. In this episode, Aaron touches on: The Riskalyze origin story Why he favors numerical over psychometric approaches to measuring risk What the future of fintech looks like How Riskalyze hires and trains for culture

#26 / March 21, 2019

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#26 / March 21, 2019

A Day at the Factor Zoo with Corey Hoffstein

Corey Hoffstein is one of the brightest minds in quant investing and has a unique knack for making hard-to-understand concepts palatable for novice investors. Tune in this week to understand: Why a risk-first approach to managing money could make sense Why pain may actually be sought out when considering investment factors What set of circumstances would cause Corey to reconsider a cherished investment factor Why honesty and candor can be essential characteristics of good asset managers

#25 / March 14, 2019

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#25 / March 14, 2019

About Dr. Daniel Crosby

Dr. Daniel Crosby is a psychologist and behavioral finance expert. His first book, Personal Benchmark: Integrating Behavioral Finance and Investment Management, was a New York Times bestseller. His second book, The Laws of Wealth, was named the best investment book of 2017 by the Axiom Business Book Awards, and his latest work, The Behavioral Investor, is an in-depth look at how sociology, psychology and neurology all impact investment decision-making. Dr. Crosby has also contributed to Living Confidently previously to create our Vision Test and Personality Quiz.

All opinions expressed by Dr. Daniel Crosby and podcast guests are solely their own opinions and do not reflect the opinion of The Guardian Life Insurance Company of America (Guardian) and its affiliates, subsidiaries, employees and agents. This podcast is for informational purposes only and should not be relied upon as a basis for legal, tax and investment decisions, as participants are not undertaking advice for any specific individual or situation. The opinions are based upon information participants consider reliable and Dr. Crosby and Guardian are not responsible for the consequences of any decisions or actions taken because of the information provided. Not all guests are not employees of Guardian or any of its affiliates. GUARDIAN^® and the GUARDIAN G^® logo are registered service marks and are used with express permission. All materials are subject to United States copyright laws. ^© 2018 Guardian. 2018-67236 Exp 9/2020