Tag: Dollar$ and $ense
Empowering Your Financial Future Post-Divorce with Delaney Orozco (Ep.59)

Empowering Your Financial Future Post-Divorce with Delaney Orozco (Ep.59)

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What’s the biggest issue in a divorce? Hint: It’s not the relationship.

Nicole Romito welcomes her colleague Delaney Orozco, CFP®, back to the show to dive into the complex world of managing finances during a divorce. With a focus on empathy and practical advice, Nicole and Delaney outline a three-phase approach to help listeners navigate this challenging life event. 

Nicole and Delaney discuss: 

  • The importance of building a support team 
  • Why you should call your financial advisor once divorce has been determined
  • Emotional aspects of financial assets: from pensions to your home
  • Gathering data and understanding your financial picture
  • Looking ahead: crafting the vision for your future life post-divorce 
  • And more

Previous Episodes of Interest:

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Connect with Delaney Orozco:

About Our Guest: 

Delaney Orozco, CFP®, began in the financial services industry in 2015 as a service advisor. Throughout her career, she has focused on finding the intersection between the day-to-day processes of the financial world and bigger-picture planning, with the goal of assisting her clients in achieving their private vista. Delaney also has a deep passion for developing guides for her clients, helping them navigate the psychology behind finance and the numbers they see on the page. Her experience as a collegiate athlete has equipped her with the work ethic and dedication necessary to perform at a high level, which she hopes to offer her clients.

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2025 Market Projections with Jeremy Bell (Ep.58)

2025 Market Projections with Jeremy Bell (Ep.58)

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How did the markets dance through 2024, and what’s on the horizon for 2025? 

Nicole Romito and Jeremy Bell, Chief Investment Officer at Conway Investment Research, reflect on the financial landscape of 2024. They discuss the performance of U.S. equity markets, the volatility in fixed income, and the outlook for 2025. They emphasize the importance of a strategic investment plan, diversification, and staying invested for the long term despite market fluctuations. 

Nicole and Jeremy discuss: 

  • U.S. Equity Market Overview: A year of strong performance amid global noise
  • Insights into the Fixed Income Market: Navigating interest rate volatility
  • 2025 Projections: Opportunities in U.S. equities and asset class rankings
  • Investing Strategies: Timing the market and risk management
  • And more

Connect with Nicole Romito: 

Connect with Jeremy Bell:

About Our Guest: 

Jeremy is a Principal and Chief Investment Officer for Conway Investment Research, LLC. He joined the firm in 2011 and chairs Conway’s Investment Committee which establishes the firm investment philosophy and process and ultimately oversees the implementation of recommendations made to clients. In addition to leading Conway’s research effort, Jeremy’s primary responsibilities include capital markets research, asset allocation modeling, alternative investment manager due diligence, and management of key client relationships.

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Transform Stress into Success With Brendan Cournane (Ep. 56)

Transform Stress into Success With Brendan Cournane (Ep. 56)

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Stress can help you thrive (to a certain degree).

Join Nicole Romito as she chats with professional development coach Brendan Cournane to uncover the surprising truths about stress. Through relatable insights and personal stories, they explore practical strategies for managing stress, especially during high-pressure times like the holiday season and year-end.

Key takeaways from this episode include: 

  • The different types of stress and why not all stress is bad
  • Personal and professional stress management techniques
  • How stress can affect relationship dynamics
  • Simple practices to help transition between work and personal life 
  • And more

Previous Episode of Interest:

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Connect with Brendan Cournane:

About Our Guest: 

Brendan Cournane has served as a partner in a national law firm and various roles in the public sector, including general counsel of the Illinois finance authority. He has seen the malaise and burnout effects of what happens when one’s core values do not align with one’s profession. As a recovering lawyer, he is now a professional development coach helping his clients understand why they do what they do in life, and he helps them align their core values with how they work and live a happier life. Brendan is a certified professional coach and leadership dynamic specialist, as well as a long-time practitioner of mindfulness and meditation, and is a firm believer that happiness is a present attitude, not a future condition.

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The Risks of a Concentrated Portfolio With Randy Porzel (Ep.55)

The Risks of a Concentrated Portfolio With Randy Porzel (Ep.55)

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How do you manage concentrated stock portfolios? With the tech industry thriving, many investors are discovering that their portfolios are heavily reliant on a few major tech stocks, making it a challenging landscape to navigate.

Nicole Romito converses with her colleague Randy Porzel, CFP®, and RICP® from Private Vista. Together, they explore the intricacies of concentrated stock positions and their potential effects on your financial future. They discuss effective methods for assessing your stocks, examine strategies to mitigate overexposure, and share insights on how to maintain a robust financial plan.

Gain insight as this episode highlights: 

  • The risks of concentrated stock positions and their impact on your financial plan
  • Effective strategies for diversifying a portfolio and reducing risk
  • The unique benefits of strategic gifting and charitable donations using stock 
  • Tax considerations and how to leverage capital losses
  • And more

Connect with Nicole Romito: 

Connect with Randy Porzel:

About Our Guest: 

Randy Porzel’s financial services career began in 2006 as an intern and has worked his way up through every job at Private Vista. Randy has spent hours in meetings with clients, asking questions, and observing. He learned to recognize expectations, a client’s need for clarity, and how without it, there might exist an anxious future. It’s why Randy enjoys taking his clients through Private Vista’s planning process, using Private Vista’s tools that answer their questions and clear any uncertainty so that his clients can look forward to their idea of an enriched life.

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Building Your Financial Dream Team with Greg Bogdan (Ep.54)

Building Your Financial Dream Team with Greg Bogdan (Ep.54)

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Assembling a smart financial team could be the key to your long-term financial success. 

Financial planning isn’t just about the numbers; it’s about orchestrating a professional team that grows with you, helping further secure your financial future and peace of mind.

Nicole Romito sits down with Greg Bogdan, Senior Advisor at Private Vista, to discuss why having a well-rounded financial team is crucial. Learn the importance of avoiding a “team of one,” how to integrate your financial, legal, and tax advisors, and real-life stories illustrating the impact of a coordinated approach.  

  • The importance of a complete team: Understand why a single advisor may not be enough to cover complex financial needs.
  • The value of proactive planning and why regular updates are essential
  • Examples of how a coordinated team has simplified estate settlement and major financial decisions 
  • How to start building your financial team today

Connect with Nicole Romito: 

Connect with Greg Bogdan:

About Our Guest: 

Greg Bogdan enjoys creating lasting relationships as a trusted advisor to clients. He finds it most rewarding to help his clients think through their financial situations in developing a customized plan and path to achieving their goals. After walking clients through his process, Greg hopes that they come away feeling empowered to make informed financial decisions with the confidence of knowing how to achieve their vision of ‘financial independence’ while living a more enriched and fulfilling life.

With a busy, young family, outside of work and in between shuttling their girls (ages 7, 5, and 1) between activities, Greg, and his wife, Christi, enjoy cookouts and entertaining with their friends and family. During the summer months, they’re often found at nearby parks, going on walks with their dog, Clancy, or riding bikes as a family. They most enjoy summer vacations on the beaches of Cape Cod and the shores of Michigan. In the future, My Private Vista is to explore the country and instill their love of traveling in their girls.

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Managing Financial Markets During The Elections With Jeremy Bell (Ep.53)

Managing Financial Markets During The Elections With Jeremy Bell (Ep.53)

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As the U.S. elections approach, many investors find themselves questioning whether to adjust their portfolios in anticipation of potential market changes.

Nicole Romito is joined by Jeremy Bell, Chief Investment Officer for Conway Investment Research, to discuss the impact of US elections on financial markets and how to navigate the resulting volatility. With elections just weeks away, the conversation delves into whether you should adjust your portfolio in anticipation and explores if market performance favors one political party over another. 

Jeremy discusses: 

  • The importance of maintaining a long-term strategic investment plan regardless of election outcomes
  • Historical performance data showing the minimal impact of a political party on market returns
  • The role of the Federal Reserve and its recent actions in maintaining economic stability
  • Key economic indicators to watch and how they influence market predictions
  • And more

Connect with Nicole Romito: 

Connect with Jeremy Bell:

About Our Guest: 

Jeremy is a Principal and Chief Investment Officer for Conway Investment Research, LLC. He joined the firm in 2011 and chairs Conway’s Investment Committee which establishes the firm investment philosophy and process and ultimately oversees the implementation of recommendations made to clients. In addition to leading Conway’s research effort, Jeremy’s primary responsibilities include capital markets research, asset allocation modeling, alternative investment manager due diligence, and management of key client relationships.

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Financial Planning for Medical Professionals with Stephanie Nanney – Part Two (Ep. 52)

Financial Planning for Medical Professionals with Stephanie Nanney – Part Two (Ep. 52)

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Did you know medical professionals typically face over $200,000 in student loan debt upon completing their education? 

This significant financial burden, paired with a delayed start in their earning potential, makes financial planning uniquely challenging.

In this second part of Nicole Romito and Stephanie Nanney’s conversation about financial planning for medical professionals, they dive deeper into the unique circumstances surrounding their financial landscape. Learn tips for managing substantial student debt, balancing personal and professional financial goals, and preparing for large salary changes. 

Nicole and Stephanie discuss: 

  • Managing large student debt and balancing it with other financial goals like buying a home or investing in a practice.
  • The importance of disability insurance and the different policy options available for medical professionals.
  • Navigating the fluctuating income streams typical for medical professionals.
  • A need for collaboration with CPAs, attorneys, and other professionals to ensure comprehensive financial health.
  • And more!

 

Resources:

Connect with Nicole Romito: 

Connect with Stephanie Nanney:

 

About Our Guest: 

Having grown up around the financial services industry, Stephanie Nanney, CFP®, CPFA, knows the value of long-term relationships with clients and the work and reward that comes with helping those clients, and their families, achieve financial goals. Stephanie’s primary goal in helping clients is to listen to them and establish a genuine partnership, providing a strong foundation of financial knowledge that is crucial to achieving their goals. Ultimately, witnessing her clients achieve their Private Vista is the most rewarding aspect of her work.

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Financial Planning for Medical Professionals with Stephanie Nanney – Part One (Ep. 51)

Financial Planning for Medical Professionals with Stephanie Nanney – Part One (Ep. 51)

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Contrary to popular belief, earning a salary as a medical professional can sometimes cap your financial growth. 

Exploring different compensation models could open doors to greater control and profitability.

Join Nicole Romito as she sits down with her partner at Private Vista, Stephanie Nanney to peel back the layers of financial planning for medical professionals, providing insights into compensation structures, retirement planning, and the critical decisions that can shape your financial well-being. By listening, you’ll gain valuable knowledge on how medical professionals are paid, the importance of understanding compensation structures, and strategies to maximize your financial security.

Nicole and Stephanie discuss: 

  • Compensation structures for hospital employees vs. private practice professionals.
  • Contractual considerations for medical professionals regarding salary, bonuses, and benefits.
  • Designing retirement plans to maximize pre-tax savings for medical practice owners.
  • The evolving trend of private practice ownership and its financial and tax implications.
  • And more!

Resources:

Connect with Nicole Romito: 

Connect with Stephanie Nanney:

About Our Guest: 

Having grown up around the financial services industry, Stephanie Nanney, CFP®, CPFA, knows the value of long-term relationships with clients and the work and reward that comes with helping those clients, and their families, achieve financial goals. Stephanie’s primary goal in helping clients is to listen to them and establish a genuine partnership, providing a strong foundation of financial knowledge that is crucial to achieving their goals. Ultimately, witnessing her clients achieve their Private Vista is the most rewarding aspect of her work.

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Tips for Estate Planning With Lindsey Markus (Ep. 50)

Tips for Estate Planning With Lindsey Markus (Ep. 50)

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Navigating the complexities of estate planning can feel overwhelming, and many of us are uncertain about how to initiate this crucial conversation with our families

But don’t let your fears of the unknown stop you from planning this important piece of your legacy.

Join guest Lindsey Markus, Asset Protection Attorney and Shareholder Principal at Chuhak & Tecson, P.C. as she shares tips for navigating hard conversations around estate planning. Through personal anecdotes and professional guidance, learn how to guide your loved ones to be well-prepared and honor your wishes.

Nicole and Lindsey discuss: 

  • The complexities of estate planning in blended families and first marriages
  • Equitable distribution vs equal distribution
  • Strategies to prevent family conflicts when estate planning
  • The importance of ongoing review and updates in estate plans
  • And more

Resources:

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Connect with Lindsey Markus:

About our Guest: 

Lindsey Paige Markus is a licensed attorney in the state of Illinois, Florida, and New York. Lindsey concentrates in the areas of estate planning, asset protection, wealth transfers, and taxation. Lindsey works with business owners and families to formulate succession plans, advise in wealth preservation and various aspects of gift and estate taxation. 

Lindsey is also a collaborative law fellow and consults on the estate planning and estate tax implications associated with marriage and divorce. 

Passionate about educating clients and advisors, Lindsey has published more than 30 articles. In addition, Lindsey speaks regularly on estate planning, wealth protection, corporate and non-profit issues to groups and through a variety of media appearances. 

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REPLAY: Everything You Need To Know About 529 Plans With Colleen Dwyer (Ep. 49)

REPLAY: Everything You Need To Know About 529 Plans With Colleen Dwyer (Ep. 49)

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Have you heard of the 529 plan?

It could be your new key to unlocking a brighter future for your kids while being financially efficient. 

Join Nicole Romito as she and her colleague, Colleen Dwyer share the essentials of 529 plans, the tax advantages they offer, and how they can be an integral part of securing the educational futures of your children or grandchildren. Follow along to learn who can contribute, what expenses qualify, and the benefits of starting early. 

Nicole and Colleen discuss: 

  • What a 529 plan is and how the money invested in it can be used 
  • Differences between state-specific plans and strategic decisions
  • Who and what qualifies for a 529 plan
  • The tax and financial benefits of a 529 plan and how to set them up properly
  • And more

Connect with Nicole Romito: 

Connect with Colleen Dwyer:

About Our Guest: 

Colleen Dwyer’s financial services career began in 2018. As a financial advisor at Private Vista, she develops trusted relationships with clients and collaborates to build a plan that creates financial confidence and independence. She enjoys working with a dedicated and experienced team to deliver personal and critical advice and service, so her clients can be successful both financially and personally.

Colleen loves to spend quality time with her friends and family, and actively participate in her community. She lives with her husband in Lincoln Park and enjoys all the city has to offer – frequent bike rides and trying new restaurants. When not in Chicago, she spends time in Michigan and the western suburbs visiting family. Colleen also loves to travel and looks forward to checking places off her bucket list when she can.

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