Investments – Smart Money Simplified

Direct Indexing: The Next Big Thing in Investing? with Sirion Skulpone (Ep. 43)

By Smart-Money-Simplified | June 7, 2023

With tax season being over, you know how much your investments cost in terms of tax losses.

Thankfully, there are ways to mitigate those losses next year.

In this episode, Brent Mekosh speaks with Sirion Skulpone, the managing director at Goldman Sachs Asset Management. Sirion explains everything you need to know about direct indexing, tax management, investment planning, and capital gains.

Listen in as Sirion shares the strategies you need to leverage acceptable losses and focus on future gains while shedding light on the role of technology and data when it comes to supporting different investment alternatives.

Sirion discusses:

The truth about tax management
How investors can benefit from market volatility
Ways business owners can decrease the taxation on the future sale of their business through existing losses
Ways to incorporate existing stocks within your investment plan without a high taxation
And more!

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About Our Guest:

Sirion Skulpone serves as the managing director at Goldman Sachs Asset Management. She’s also the head of client portfolio management, custom equity, and direct indexing.

Sirion is highly focused on client engagement and education, portfolio customization, business strategy, and product development.

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The Latest in Blockchain, Crypto & Digital Assets with Michael Creadon (Ep. 32)

By Smart-Money-Simplified | December 13, 2022

There has been a lot of discussion over the past few years about digital assets and the way they continue to be an enigma to many people.

What are they? What can be expected from them in the future? These are some of the most common questions around this topic.

In this episode, Brent Mekosh interviews Michael Creadon, President of DeFi Devs, to talk about the most questioned concepts surrounding digital assets, such as blockchains and NFTs. Additionally, Michael explains what led the cryptocurrency exchange firm, FTX, to collapse.

Michael discusses:

His background in the financial industry and how he got into technology and blockchain
The definition of blockchain and how it keeps data organized as an audit trail
Cryptocurrencies explained with a Chuck E. Cheese analogy
NFTs and how this trend compares to the dot-com era
Ways to store your digital assets and the risks involved
The story behind FTX’s collapse
His view on blockchain’s adoption to the economy in the coming years
And more!

Connect with Michael Creadon:

Connect with Brent Mekosh:

About Our Guest:

Michael Creadon is President of Inveniam DeFi Devs, a fintech company sponsoring the development of the Accumulate network and protocol. Accumulate is an identity-based, high-performance blockchain that enables interoperability with other protocols and networks. He works closely with leading global exchanges and custodians to further expand the digitization of assets on the Inveniam platform.

Mike spent over 20 years in capital markets, serving as CEO of Traditum Group, a proprietary trading firm specializing in U.S. interest-rate trading and energy-market making. He is also an experienced journalist and has published articles in Bloomberg and Time Magazine. Today, Mike continues to blog regularly on LinkedIn and is widely followed on blockchain, bitcoin, and numerous other topics.

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Everybody Needs Somebody In Financial Planning (Ep. 2)

By Smart-Money-Simplified | November 1, 2022

What happens when you first call your current or a potential new financial advisor?

In this episode, Brent Mekosh walks you through his business model at MP Advisors, LLC, starting from when you (and the team) pick up the phone for the first time.

He discusses who you talk to when first calling, what happens during a discovery meeting, and why people are reluctant to make the initial call. Brent reveals the importance of understanding the client and their money when building their portfolio and financial plans. And what are some of the conversations Brent has with potential clients and those who aren’t the right fit.

Brent discusses:

The process of becoming an MP Advisor client
The importance of considering personal values when building a portfolio
Why he needs a clear picture of the client’s current financial situation
How he advises clients who aren’t the right fit
And more!

Tag: Investments