In a world plagued by rising prices, inflation, and interest rates, you can’t help but wonder: How will these factors impact the stock market and our financial stability?

In this episode, Tim Scannell introduces Michael Shea, the Managing Director of the Investment Solutions Group at Hightower. Michael shares his investment style focused on value and capturing dividend flow, the importance of managing against benchmarks, and staying current with market information.

Learn about Michael’s views on inflation and its impact on financial markets and how he advises clients while considering the impact of inflation and interest rates on their finances.

Michael discusses:

• His unique stance on the impact of inflation and the current state of the markets
• The Federal Reserve’s response to the pandemic and why he entirely disagrees with it
• The impact of the Fed overstimulating the economy and how it contributed to the inflation we are seeing now
• The impact of reshoring and what you can expect from this change in the future
• And more

Connect With Tim Scannell:

• tscannell@scannellwealth.com
• Hightower Great Lakes
• LinkedIn: Tim Scannell
• Twitter: Tim Scannell
• (219) 531-4941

Connect With Michael Shea:

• LinkedIn: Michael Shea

About Our Guest:

Michael Shea is a financial advisor who works out of Park City, Utah. Shea is an employee of Hightower Advisors, LLC. Shea has gained experience at Hightower and Prudential Equity Group, LLC. Shea maintains Series 63 and Series 65 licenses, qualifying them as both a securities agent and an investment advisor representative, and is able to work in Illinois, New York and Utah.

What’s your take on the importance of infrastructure investment and onshoring for supporting the economy?

In this episode, Tim Scannell invites Stephanie Link, Chief Investment Strategist and Head of Investment Solutions for Hightower, to delve into the services provided by Hightower’s asset management business, the importance of research and staying informed about global markets, and Stephanie’s thoughts on inflation.

They also touch on topics such as infrastructure investment and onshoring, and the impact of higher interest rates on borrowing rates and bond yields. Stephanie also emphasizes the value of talking to colleagues outside of Hightower for different perspectives.

Stephanie discusses:

• The value of staying informed about the market & including various advisor opinions when wealth planning
• Her perspective on rising inflation (what you can expect in the coming months)
• The recent state of the US infrastructure and what this could mean for your investments
• Her professional insights into the impact of interest rates, the job market, the housing market, and so much more!

Resources:

• A Comprehensive Guide to Business Exit Preparation: A Recipe for Business Success (Ep. 112)

Connect With Tim Scannell:

• tscannell@scannellwealth.com
• Hightower Great Lakes
• LinkedIn: Tim Scannell
• Twitter: Tim Scannell
• (219) 531-4941

Connect With Stephanie Link:

• LinkedIn: Stephanie Link
• Twitter: @Stephanie_Link
• Stephanie Link on CNBC

About Our Guest:

Stephanie Link is an experienced Managing Director with a demonstrated history of working in the Investment Management industry. Skilled in Securities, Investment Advisory, Mutual Funds, Trading, and Fundamental Analysis. Stephanie is a strong finance professional with a BS focused in Finance from Boston College Carroll School of Management.

Successfully exiting your business isn’t easily done without the help of other professionals, credible resources, and other business owners who have “been there, done that!”

In this episode, Tim Scannell discusses the value of strategic business planning for business owners. They outline the steps involved in valuing and preparing a business for exit, including estimating the equity value of the business using tools like Biz Equity.

Tim discusses:

• The 4 steps of long-term business planning: Discovery, Personal Readiness, Financial Readiness & Determining the Business’ Value
• The value of professional guidance including attorneys and CPAs in your business valuation process
• How to maintain productivity and keep your eye on the “bigger picture” when valuing your business
• Exit channels: What they are & how to know which one is suited for your business needs
• And more

Resources:

• What You Didn’t Know About Family Office Services (Ep.15)
• Family Office Services Part 2: Making Life Easier (Ep.16)
• What To Do When You Hit Your Freedom Point (Ep.82)
• BizEquity: The Largest Provider of Online Business Valuation
• “The Business Transition Handbook: How to Avoid Succession Pitfalls and Create Valuable Exit Options” by Laurie Barkman
• Value Builder: Sales & Marketing Software for Business Advisors
• LinkedIn: The Value Builder System

Connect With Tim Scannell:

• tscannell@scannellwealth.com
• Hightower Great Lakes
• LinkedIn: Tim Scannell
• Twitter: Tim Scannell
• (219) 531-4941