Welcome to the “Off the Wall” Podcast

Markets are volatile right now. How you react will determine your success. Monument's Portfolio Manager Erin Hay joins Dave Armstrong and Jessica Gibbs for a timely rundown on what's been going on the markets and what it all means for investors. Dave and Erin discuss whether we are or are not in a recession, cryptocurrency drawdowns and their impact on general investor sentiment, and why losses hurt so much.

"Rich" is a number, "wealth" is a mindset. Dr. Brian Portnoy, one of the world's leading experts on the psychology of money, joins the podcast to discuss his book The Geometry of Wealth: How To Shape a Life of Money and Meaning. Brian explains how money fits into your happiness and the life you want to lead (not the other way around)—it's what he calls "funded contentment.

Dr. Richard Orlando of Legacy Capitals is back for Part 2 of our conversation about successfully transferring wealth to the next generation. Rich does a deeper dive on gifting to kids, including sharing ideas on timing gifts around core life stages. He explains what is a family meeting and why it is important, and suggests possible items to have on your family meeting agenda.

There are lot of questions, worry and anxiety surrounding leaving an inheritance. How do I prepare my kids to be good stewards of this wealth? How can I make sure the money doesn’t create entitled kids? Do I tell my kids how much I’m worth? Dr. Richard Orlando, Founder of Legacy Capitals, joins the podcast to share his expertise on how to successfully pass on wealth to the next generation.

Want the cliffs notes on what happened in the market and the economy in the first quarter of 2022? Monument's Portfolio Manager Erin Hay is back to discuss three highlights: 1) the Federal Reserve and the yield curve—and what this means for a recession, 2) inflation, and 3) trend. Listen to the end for our thoughts on planning for a recession (not the recession) and for highlights from Monument's managed portfolios during the first quarter.

What is a corporate trustee? And should you be considering one as part of your estate plan? Michelle Diamond and Heather Savage with Cumberland Trust make the case that corporate trustees are worth considering regardless of your net worth—people are fallible, family dynamics are complex, administering a trust is a lot of work, and beneficiaries need education and support to successfully manage trust assets.

Business owners: listen to this episode! Valuation expert Chris Anderson, Managing Director at Intrinsic, shares his expertise on valuing closely-held businesses for sale, succession planning, and gift and estate tax planning. He explains what a valuation is based on—and why what you think your business is worth may be different than reality. We then dive into when you need a valuation and what the process and end product look like.

Are you actually standing in your own way when it comes to maximizing your investment returns? Dr. Daniel Crosby, Chief Behavioral Officer at Orion, bestselling author and a behavioral finance expert, joins this episode of our Off the Wall podcast to share the psychology behind investing decisions and what investors can do to mitigate their behavior's role in managing money—or, more bluntly, how to protect yourself from yourself.