The Impact Report - Episode 4 (Preparing Heirs for Their Inheritance)
Are your heirs ready to deal with the wealth you may be planning to pass on to them someday? It's an unfortunate fact that inheritors often struggle with their windfalls in ways that can be hazardous to their wealth.
On the fourth installment of The Impact Report, Eric Lawton unpacks the complex world of inheritances and the variety of internal and external conflicts that arise throughout this process.
Listen as Eric outlines how his affluent clients prepare their heirs for the inheritance and why we can all take a page out of their playbook on this topic.
The Impact Report - Episode 3 (The Benefits of a Family Constitution)
The Impact Report - Episode 3 (The Benefits of a Family Constitution)
One of the biggest concerns facing affluent families is how to manage their wealth so that it achieves many goals. Their focus could be continuing to grow their wealth as it is transferred to younger generations, or aligning the use of that wealth with the values and ideals the family holds dear, or even protecting that wealth from creditors and others who might seek to take it unjustly.
Often the best place to start, is to ensure that your family members are aligned when it comes to key issues. A family constitution can be a great way to get that process going.
In the latest installment of the show, Eric explores the benefits of establishing a family constitution to ultimately promote clarity and harmony when it comes to managing family wealth.
The Impact Report - Episode 2 (What Makes a Good Wealth Manager Great?)
The Impact Report - Episode 2 (What Makes a Good Wealth Manager Great?)
In the second installment of The Impact Report, Eric and Ryan explore the key ingredient missing from most wealth managers and why affluent individuals should be demanding this ingredient when working with their financial professional.
It's no secret that affluent individuals, families, and business owners have access to financial professionals who possess the highest level of financial acumen. However, in most cases today, that isn't enough to develop a comprehensive and customized wealth plan. Wealth managers need to be incorporating the human element into their dealings with clients. Only by understanding a client's core values and personal goals, will a wealth manager be able to develop the most effective plan.
So sit back, relax, and enjoy another great conversation surrounding you, the client. As Eric shares, a wealth manager needs to understand what is most important to you, in order to develop a plan that works FOR YOU!
The Impact Report - Episode 1 (Stress Testing Overview)
The Impact Report - Episode 1 (Stress Testing Overview)
Welcome to The Impact Report! This is the show where we break down complex wealth management strategies into understandable terms to help you on your path to living an amazing life of significance.
In our inaugural episode, we introduce you to Eric Lawton, President & CEO of Impact Financial, who works with high net worth families, business owners, and non-profit organizations. Eric brings over two decades worth of experience in the financial services sector and is no stranger to effective wealth planning solutions.
To start our show on the right note, Eric provides a detailed overview on the benefits of stress testing your current financial plan. Given the tremendous amount of uncertainty in our world right now, there's never a better time to consider a stress test to evaluate the current and future performance of your established wealth plan.
So sit back, relax, and enjoy this thought-provoking episode that's sure to leave you considering this strategy within your own wealth plan.
