#423 – Alan Smith – Wealth Management

The Next 100 Days Podcast

Wealth Management & Funding Your Retirement When it comes to wealth management who better to discuss this with than Alan Smith is the CEO of Capital Asset Management. He maintains an active and compelling Twitter account. And this week, he is our guest on The Next 100 Days podcast. He started the company in 2004. Alan is an avid thrill seeker, having climbed Mount Kilimanjaro and has a passion for skiing and family holidays. Summary of the Podcast Financial Planning & Wealth Management Graham seeks retirement guidance as he approaches 65. [If you believe I'm still in my 30s, then I have a bridge to sell you!] Alan stresses the importance of a thorough financial plan. That plan pinpoints your goals, the resources you have, and the strategies you'll take in this next phase of your life. A plan's value lies not in completion but as a living framework to navigate life changes. Investment strategies and asset allocation Alan details his "family fortress" portfolio of broad market index funds. Along with his "investment playpen" of higher risk bets. He advocates allocating primarily to equities for long-term growth outpacing inflation, though accepting short-term volatility. You should focus on fees, costs, simplicity and diversification as priorities. Choosing a financial advisor Alan argues an advisor pays for themselves through objective counsel in emotional times. Look for credentials, independence, and a personal connection to guide complex decisions over decades. Fees around 1-1.5% for advice and low-cost funds are reasonable compared to potential returns and risks avoided. Clips from the Podcast Did We Get The Wrong Alan Smith? https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Wealth-Management.mp4 Family Fortress & Investment Playpen https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Family-Fortress-Investment-Playpen.mp4 Included in Alan's wealth management driven "Investment Playpen" strategy are: a couple of start-up companies a little bit of bitcoin You should focus on the Family Fortress. Percentage split 95:5% An Investment Philosophy Based on Academic Research https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Proper-Research.mp4 Index or Active Fund Manager? https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-index-or-active-fund-manager.mp4 Get a Financial Plan completed for your Retirement https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-financial-plan.mp4 When I'm 65 https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-When-Im-65.mp4 Have an Investment STRATEGY https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Have-an-investment-strategy.mp4 The Big Takeaway https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-The-Big-Takeaway.mp4 Alan Provided This Testimonial https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Testimonial.mp4 Contact Alan Smith The Next 100 Days Podcast Co-Hosts Graham Arrowsmith Graham is "The High Net Worth Data Guy" who founded Finely Fettled to help business owners and marketers market to affluent and high-net-worth customers. Now get all-inclusive affluent direct mail campaigns combining A lister copy, design, print and postage for £599+vat, without the DIY hassle. Find Graham on LinkedIn. Kevin Appleby Kevin specialises in finance transformation and implementing business change. He's the COO of GrowCFO, which provides both community and CPD-accredited training designed to grow the next generation of finance leaders. You can find Kevin on LinkedIn and at kevinappleby.com