With every dollar you save in taxes, you have the opportunity to spend more on the betterment of your community.
Are you ready to get the biggest charitable bang for your buck?
In this episode, Kevin Kaylakie speaks with Brandon O’Neill, CFP®, CAP®, a charitable planning consultant for Fidelity Charitable. They unpack strategies to help you amplify your charitable impact through donor-advised funds (DAFs). Brandon also shares ways in which Fidelity Charitable® helps donors make tax-efficient contributions to their favorite charities.
Brandon discusses:
The benefits of DAFs over private foundations and Charitable LLCs
How to know if DAFs are ideal for you
Reasons to donate appreciated assets (including cryptocurrency!) instead of cash
Unique gift planning ideas to improve tax deductibility
Brandon O’Neill, is a Charitable Planning Consultant for Fidelity Charitable, an independent public charity that has helped donors support more than 328,000 nonprofit organizations with nearly $51 billion in grants since its inception in 1991. In this role, Brandon serves as a premier resource for charitable planning in the South Central Region of the United States. Where it is his responsibility to build relationships with financial advisors, to discuss ways to incorporate charitable giving into clients’ overall financial and wealth management plans. Brandon has held the Certified Financial Planner designation since 2011 and is also a Charter Advisor in Philanthropy holder.
Electric, natural gas, hydrogen, and nuclear energy. You probably don’t realize how much you rely on them until they are no longer there.
General Ken Eickmann is a senior research fellow and deputy director at the Center for Energy Security at the University of Texas. Among his many accomplishments, he has chaired committees for the National Academy of Sciences and the National Research Council on energy efficiency and reducing U.S. dependence on foreign fuel.
In this episode, Kevin Kaylakie talks with Ken about building energy for the future. Ken explains the level of dependence the United States has on electric power and whether we have the infrastructure to support the growing demand for electric power. He also discusses how the electric power grid operates and advocates for why we should have a more coordinated approach to how we deal with power issues.
Ken discusses:
The U.S. dependence on electric power
What he believes is the future of energy production
His thoughts on small modular reactors (SMR)
How a large well-functioning power grid could support the economy
Advice for the next generation of leaders in the United States
General Kenneth E. Eickmann is widely recognized as one of the nation’s leading energy experts. He is a Senior Research Affiliate with the Center for Electromechanics at the University of Texas at Austin and works to bring the emerging knowledge and expertise of the University to bear on the technological needs of the Department of Defense. At the request of the US Air Force and the Department of Defense, Gen. Eickmann chaired three committees for the National Academy of Sciences and the National Research Council focused on energy efficiency. He also facilitated a National Forum to identify strategic energy goals for the US Air Force and the nation. In addition, Lt. Gen. Eickmann chaired an Air Force Installation Energy Study designed to determine how best to ensure our nation’s military installations have energy for mission-critical capabilities. As a follow-up to that study, he chaired a national workshop at the National Academy of Sciences focused on energy and water reduction in the industrial processes at Department of Defense laboratories, test centers, and depots. General Eickmann spent 6 years on the Air Force Science & Technology Board (now the AF Studies Board) and several years on the Military Advisory Board for the Center for Naval Analysis which published studies laying out the National Security Imperative to Reduce U.S. Oil Dependence, the National Security Implications of Global Climate Change, and a review of the link between National Security & Assured Electrical Power. More recently he worked with the Center on an assessment of the strategic implications of limited access to clean water around the world.
During his active duty career, General Eickmann completed 22 assignments, including serving as the Commander of the Oklahoma City Air Logistics Center, the largest military industrial complex in the United States, and later as Commander of the Aeronautical Systems Center, Wright-Patterson AFB, OH, where he led the nation’s largest center of excellence for research, development, and acquisition of aircraft, aeronautical equipment, and munitions. Prior to those assignments, General Eickmann served as the Deputy Chief of Staff for two of the Air Force’s Major Commands; the Pacific Air Forces and Air Force Materiel Command. In addition, the General played an integral role in the rescue and recovery efforts for several disasters including, the San Francisco Earthquake, the eruption of Mt. Pinatubo in the Philippines, and the Oklahoma City Bombing. The State of Oklahoma declared July 11, 1995, as “General Ken Eickmann Day” in recognition of his leadership and assistance to Federal and State rescue and recovery efforts following the April 19, 1995, bombing of the Alfred P. Murrah Building in Oklahoma City. General Eickmann also served for a number of years as the State Vice Chairman of the Texas Engineers Task Force for Homeland Security.
General Eickmann is a Registered Professional Engineer and is certified as an Acquisition Professional in Logistics, Program Management, and Systems Planning, Research, Development & Engineering. He is also a recognized expert in propulsion technology and has published several papers in technical journals in the U.S. and overseas. He is a graduate of the University of Texas, the University of Michigan Executive Business Program, the John F. Kennedy School of Government at Harvard University, the Industrial College of the Armed Forces, the Air War College, and the National Defense University.
Ultra-high-net-worth families need a trusted collaborative partner who will bring clarity, instill confidence, and help align their wealth with well-defined goals.
This is what Kevin Kaylakie and his team at SineCera Capital work to provide each and every client.
In this episode, SineCera Capital’s Chief Investment Officer, Adam Packer, joins Kevin to discuss this framework and how they apply it to the due diligence and management of alternative investments.
Adam & Kevin discuss:
An introduction to the SineCera Capital process
Three types of investment clients
How SineCera Capital approaches education with their clients on the alternative investment due diligence process
Adam Packer is the CIO for SineCera Capital in Austin, Texas. He is responsible for overseeing the due diligence and investment selection process for all investments, both public and private, for SineCera Capital. Adam earned his BA in Business Economics from the University of California at Los Angeles (UCLA), with minors in Accounting and Philosophy. He is both a CFA and CAIA charterholder.
The pharmaceutical and biotech industry is facing a major challenge: How to effectively scale and distribute drugs.
This is partially due to outdated software tools in the industry— and that is exactly what CherryCircle Software’s co-founder, CEO, and product visionary, Yash Sabharwal, wants to solve.
In this episode, Kevin Kaylakie welcomes Yash to explore his story of entrepreneurship with CherryCircle and why he believes they are creating a powerful solution for the pharmaceutical and biotech industry’s biggest digital challenges. In addition, he explains why the concept of reinvention is important to him and how he has evolved over the years.
Yash discusses:
The problem with antique software tools
How CherryCircle Software solves common software issues
How he learned about the business side of running a company and applied it to his entrepreneurial ventures
Why building a strong culture within your business is so important
Co-founder, CEO, and Product Visionary at CherryCircle Software, Yash Sabharwal, is a successful serial entrepreneur tackling complex problems in the life sciences. Yash started CherryCircle in 2017 to develop the QbDVision knowledge management platform for the pharmaceutical and biotech industry. Prior to starting CherryCircle, Yash was a co-founder and Chief Operating Officer at Xeris Pharmaceuticals. During his tenure at Xeris, Yash was responsible for the manufacturing process development and scale-up activities related to the lead drug development program. While managing these activities, Yash became acutely aware of the limitations of the current solutions for the aggregation and analysis of all the data generated over multiple years of development. Further discussions with industry veterans confirmed the need for a solution like QbDVision.
Prior to starting Xeris in Austin, Yash co-founded Optical Insights in 1997 to solve imaging challenges in biomedical applications. Optical Insights was acquired by Roper Industries in 2005. Xeris Pharmaceuticals completed its IPO in 2018 and the products Yash helped launch are now FDA-approved products.
Over the years, he has been a mentor to budding entrepreneurs within the Austin community including support of many local incubators. From 2014 to 2017, Yash was a director on the board of the Austin Technology Council. He also served as an advisor to the Texas Health Catalyst program of the University of Texas Dell Medical School.
Yash has a B.S. in Optics from the University of Rochester and an M.S. and Ph.D. in Optical Sciences from the University of Arizona.
The labyrinth of estate planning involves navigating goals, assets, taxes, investments, and the future. Flexibility is key.
In this episode, Kevin Kaylakie is joined by Doug Paul of McGinnis Lochridge law firm. Doug shares several tax planning tools you can apply to your estate plan. He also explains why he believes this is the golden period of estate planning and how potential changes from Congress will impact the future of estate planning.
Doug discusses:
The most common questions he hears about estate planning
Simple tax planning tools and techniques such as donor advised funds and qualified charitable distributions (QCD)
More complex tax planning tools like Roth IRA conversions
What it means when people are getting assets out of their estate
Doug focuses his practice on estate planning through the use of trusts, family business entities, and life insurance. His experience includes charitable planning, asset protection planning, and planning to mitigate transfer tax and income tax. He is an expert in charitable planning, asset protection planning, and planning for mitigation of transfer tax and income tax.
Doug is a frequent speaker at various estate planning organizations and associations including: Austin Financial Planners Association, Texas Association of Insurance and Financial Advisors, Victoria Estate Planning Council, and the National Business Institute-CPA/CLE, Austin Chapter of CPAs.
As a startup business, finding investors can be a difficult process. It’s always nice to have help guide you through the process and connect you with the right people.
In this episode, Kevin Kaylakie speaks with Hall Martin, Founder & CEO of TEN Capital Network. Hall shares how his firm helps connect startup companies with investors, the background of his work and the evolution of TEN Capital Network. Plus, details about their program and who it works best for.
Hall discusses:
The story of his background and TEN Capital Network
What the ideal company looks like that should be reaching out to TEN Capital as a service platform
The success rate of companies who come through the TEN Capital Network
Hall launched TEN Capital as the Texas Entrepreneur Networks in 2009. Today, the firm has over 12,000 investors in its network, and has helped startups raise over $700M and counting.
Hall serves as the Vice-Chair of the Baylor Angel Network. He previously led the Central Texas Angel Network (CTAN) as its first Executive Director, where he achieved over a 40X return for the investors.
He is the founder and director of the Texas Open Angel Network, which is a 501(c)(3) non-profit dedicated to the education of angel investors. As a part of that program, he hosts the Investor Connect podcast series.
The number one problem ultra high net worth families face is finding a resource that helps them have a complete view of their wealth as a family, regardless of where the assets are managed or by whom they are managed by.
That’s why SineCera Capital enlisted Addepar to help solve this problem.
In this episode, Kevin Kaylakie has a conversation with Addepar’s Head of Portfolio and Market Analytics, Dan Golosovker. As a leading provider of technology and wealth management solutions for investment advisors and family offices, Addepar and Dan work to help investors have a better understanding of the flow of their wealth through their unique solutions.
Dan discusses:
His background and how he came to be the head of portfolio and market analytics for Addepar
What is Addepar and how the platform benefits their clients
The data pledge for privacy Addepar takes, and what The Investment Sentiment Index is
Memories are invaluable. Everyone has their own story, and family stories are what maintain the family culture that can easily be lost over time.
Will you let those memories fade — or will you capture them through visual storytelling?
In this episode, Kevin Kaylakie is joined by Mike O’Krent, founder of Life Stories Alive. With a passion for helping families tell their stories, Mike details his background and how he got started with Life Stories Alive. Plus, he showcases just how powerful and important storytelling is by sharing some of the experiences he’s had through his years interviewing families.
Mike and Kevin discusses:
Mike’s background and how he got started in creating Life Stories Alive
Mike talks about his experience speaking on a TedX stage
How you can convince family members that their stories are worth telling
The biggest regret Mike hears from people he interviews
Mike O’Krent is the founder of LifeStories Alive, LLC, a business specializing in the making of personal history “legacy” videos for families, businesses and non-profit organizations.
In a life-changing experience, from 1996 through 2000 Mike interviewed Holocaust survivors for Steven Spielberg’s Survivors of the Shoah Visual History Foundation, now the USC Shoah Foundation. It was through that experience he discovered the significance and technique of recording the life stories of loved ones, which forms the basis for his LifeStories business.
Since founding the business in 2006, Mike has expanded its expertise beyond capturing personal histories for families to now include recording the histories of businesses and non-profit organizations. The professionally produced videos can be used externally to promote the organization or internally as a training tool for new employees/volunteers.
Mike is also a Co-Founder of Caregiver Plan, a unique online system of care planning and monthly professional activity programming. It helps caregivers themselves and their families achieve a better quality of life.
Many wealth management firms use the term “family office services.” But very few truly provide the level and scope of services that families with significant wealth need.
In this episode, Kevin Kaylakie joins Connee Sullivan, SineCera Capital’s Head of Family Office Services, to discuss how SineCera Capital sets itself apart. Connee discusses the role she plays and outlines how they work to meet the needs of high net worth families with in-depth services.
Connee and Kevin discuss:
7:26 Why families with significant wealth need someone like SineCera Capital to help with their financial administration
10:37 The immense honor of crafting a family’s mission statement
Risk parity skeptics, get ready to discover the true value of implementing this strategy into your investment portfolio.
In this episode, Kevin Kaylakie and Adam Packer discuss SineCera Capital’s risk parity approach and reveal how they assemble each piece of this strategy to create an “all-weather” investment approach that serves the unique needs of high net worth investors.
Plus, they share the most common critiques about risk parity and reveal ways they uncover the true value of this strategy.
Kevin and Adam discuss:
2:05The theory behind SineCera Capital’s portfolio construction
11:00Why people like to point to leverage as what’s wrong with risk parity
12:55Three of the common critiques and how SineCera Capital debunks them
