Title: Navigating Financial Chaos: Strategies for Uncertain Times (Episode 13)
Ready to navigate financial uncertainty with confidence?
Join Jeremy Dicker, the founder of ONE Wealth Management, and co-host Peter Hoopis as they dive into the chaos and uncertainty in today’s financial world and how it affects planning and investment strategies. Discover what it means to have a financial plan built to withstand turmoil and why it’s essential to have more than just cool stuff in your investment portfolio.
Jeremy and Peter discuss:
(00:01:58) The importance of having a solid financial plan that adapts to changes
(00:07:34) Treating high-earning clients like athletes with a customized approach
(00:11:01) Managing market volatility and economic pundits’ noise
(00:15:28) Integrating insurance into a financial plan to mitigate chaos
Discover the unbelievable journey behind one of TV’s most iconic shows!
Join Jeremy Dicker for an intriguing conversation with Doug Ellin, the creative force behind the legendary series Entourage. Dive into Doug’s journey, from his unexpected path to Hollywood to the creation of Entourage, and gain insights into the evolving landscape of television and streaming.
Jeremy discusses:
(01:29) Doug’s career shift from aspiring lawyer to renowned television creator.
(04:56) The genesis of Entourage and its impact on TV culture.
(08:34) Current trends in the entertainment industry and thoughts on the future of TV.
(13:45) Social issues affecting Los Angeles and their impact on creative work.
(30:17) The potential challenges and opportunities presented by AI in writing.
(34:12) Whether Entourage could be made in today’s cultural climate.
Doug Ellin was born on April 6, 1968 in Brooklyn, New York, USA. He is a writer and producer, known for Entourage (2004), Entourage (2015), and Ramble On.
What sets high achievers apart from the rest? Join Jeremy Dicker and co-host Peter Hoopis on “One Path to Wealth” as they dive into the mindset and habits that shape the world’s most successful people. Jeremy shares golden nuggets from his nearly 30-year journey, focusing on how accepting challenges and setbacks can pave the way to success.
Jeremy and Peter discuss:
(00:02:10) Embracing pain as a part of success
(00:04:05) Compartmentalizing setbacks and following a flexible plan
(00:13:33)The importance of daily discipline and attacking the day
(00:16:29)Managing burnout and the critical role of self-care
(00:18:28)Establishing an external support system for business and life
Unlock the secrets to success and habit formation by gaining insights from this compelling conversation.
What should you do today to protect your family’s future tomorrow?
Jeremy Dicker and co-host Peter Hoopis explore the intricacies of estate planning. Jeremy emphasizes that estate planning isn’t just for the ultra-wealthy; it’s for anyone who wants to ensure their wishes are honored and minimize complications for their loved ones. They break down common misconceptions, highlight the crucial aspects of estate planning, and discuss strategic ways to handle wealth transitions. With engaging anecdotes and practical insights, Jeremy and Peter make sense of planning for the unexpected and preserving a legacy.
Jeremy and Peter discuss:
(01:18) The essentials of estate planning, like wills and health directives
(07:54) The role of trust documents and their significance regardless of wealth size
(14:22) The Rockefeller strategy for preserving generational wealth
(23:25) The importance of flexibility, optionality, and making timely financial decisions
What is it about wine that captivates the hearts of many?
In this episode of One Path to Wealth, Jeremy Dicker and Peter Hoopis dive into a spirited conversation about passions and the wine industry. Discover Jeremy’s unique journey from wine enthusiast to becoming a vital part of the wine business, showcasing how his love for wine has intertwined with his professional path. Whether you’re a wine connoisseur or a curious learner, this episode offers a flavorful blend of insights and stories.
Jeremy and Peter discuss:
(03:56) The art and allure of fine wine
(10:34) Building relationships with winemakers and their impact
(19:10) The business challenges and strategies in the wine industry
(27:40) Misconceptions about wine tasting and preferences
And more
Tune in to learn, laugh, and maybe even find your new favorite wine along the way.
What would you do if you suddenly stumbled upon vast wealth? Whether it’s via a big deal, like Juan Soto’s, or a business venture, managing newfound wealth is crucial.
In this episode of One Path to Wealth, host Jeremy Dicker and co-host Peter Hoopis explore the realities and challenges of managing large capital inflows. They discuss important topics on budgeting, smart investing, and planning for the future. Jeremy and Peter bring personal anecdotes and professional advice to help you avoid the pitfalls many face when adjusting to sudden financial success.
Jeremy and Peter discuss:
(04:05) Planning for long-term financial security
(07:20) Balancing immediate enjoyment with prudent investment
(16:40) Guiding a successful wealth transfer and legacy planning
(17:06) Understanding and managing emotional ties to money
What do historical shifts in the economy mean for your financial future?
Jeremy Dicker and co-host Peter Hoopis unravel the complex web of information that shapes our financial choices. They dive into the implications of the ever-evolving economy post-election, the escalating market caps of American companies compared to European ones, and the overflow of information available at our fingertips daily.
Jeremy and Peter discuss:
(02:14) The growing divide between US and European equity markets
(04:35) The impact of instant information on financial decision-making
(15:14) How international perspectives could influence US financial strategies
(20:43) The role of AI and technology in modern financial advising
(28:29) Embracing change and maintaining optimism in uncertain times
What are the biggest financial planning mistakes you might be making?
Tune into this episode of One Path to Wealth, where Jeremy Dicker and co-host Peter Hoopis explore some of the most common pitfalls in financial planning that many of us unknowingly stumble into. Jeremy shares his extensive experience in wealth management, emphasizing the importance of building a well-diversified portfolio and why past performance is not a reliable predictor of future success. Peter and Jeremy also explore the emotional rollercoaster of investing, underscoring the significance of staying calm and sticking to long-term goals rather than making emotional decisions.
Jeremy and Peter discuss:
(02:00) Why past performance isn’t a predictor of future success
(04:54) The emotional rollercoaster of buying high and selling low
(07:46) The significance of risk assessment and precise portfolio allocation
(10:28) The myths and necessities of estate planning
(14:54) The hidden costs of not having adequate insurance coverage
(19:12) The role of taxes in your personal financial plan
(24:17) The difference between gambling on stocks and investing in them
And more
Join us for an engaging conversation filled with practical insights and laugh-worthy dialogue about common financial mistakes and how you can avoid them.
How could your childhood experiences shape the parent you are today?
Jeremy Dicker and Peter Hoopis explore how our past experiences like childhood memories and family dynamics shape our roles as parents, professionals, and community members. It’s a heartfelt conversation weaving together the challenges of parenting in a modern world with stories from Jeremy’s own family’s journey. They discuss the importance of being present for your children, learning from past relationships, and how to build meaningful connections with those around you.
This is a must-listen for parents, professionals, and anyone interested in personal growth!
Jeremy and Peter discuss:
(01:07) Personal stories from childhood that influence modern parenting styles
(03:51) The challenges and rewards of parenting in blended families
(04:57) The balance between being present for your kids and building a career
(08:12) The role parents play in forming the independence and decision-making skills of children
(12:40) Peter’s reflections on his emotional growth alongside his daughters
(16:16) The importance of emotional support and leadership
Transitioning from academia to wealth management is a unique path filled with unexpected turns and valuable lessons.
How do you pivot from a career in history to becoming a successful financial advisor? What are the key strategies for building a thriving practice in wealth management?
This week on The ONE Path to Wealth Podcast, Jeremy Dicker and Peter Hoopis welcome TJ Pearce, CFP®, RICP®, Senior Vice President of One Wealth Management, to discuss his unconventional journey into finance and the importance of client-focused service.
Listeners will gain insights into the value of professional service, the role of technology in modern financial advising, and how a collaborative approach can lead to exceptional client outcomes.
They discuss:
TJ’s transition from academia to wealth management
The philosophy behind One Wealth’s client-centered approach
The impact of advanced planning techniques and professional designations in providing superior service
The significance of integrating technology for enhanced client engagement and efficiency
TJ Pearce, CFP®, RICP®, MA, Senior Vice President for One Wealth Management, joined the Financial planning industry right out of Graduate School in 2014. Starting with a large, national wealth management company in Chicago, TJ got off to a very fast start qualifying for Million Dollar Round Table his first year. TJ has gone on to qualify for MDRT every year since, while also building the Investment side of his business. Through continuing his education and working with more sophisticated clients TJ realized he needed to bring more knowledge and experience to his clients from a Financial planning perspective, which is why he joined the One Wealth Management team in 2019.
In his Chicago-based practice, TJ focuses on working with people who care about financial planning. TJ states: “Whether that be in the legal market working with attorneys at America’s biggest law firms, working with established families trying to balance careers and kids, or highly commissioned sales consultants with extremely variable income, it all comes back to people who want to enrich their lives both financially and otherwise. Through joining One Wealth Management, my clients now have access to decades of market experience.” Rather than specializing in only helping one type of person, TJ embraces diversity in his practice and seeks to help those dedicated to making their financial goals become a reality. TJ is a designated Certified Financial Planner (CFP®), as well as a designated Retirement Income Certified Professional (RICP®).
