When thinking about your financial plan, are you focusing on the serious aspects and how adult the conversation is? Or are you adding in some humor to create a more fulfilling retirement plan?In this episode, Nicole Romito speaks with Julie Liss, Chief Strategy Officer and Managing Director at Hal Riney, on the importance of incorporating humor into financial strategies and focusing on present joy and fulfillment rather than solely retirement and financial numbers. They explore the importance of creativity, managing a busy schedule, remote work, community, and the freedom that wealth can bring.Nicole and Julie discuss: The importance of humor and not taking financial life too seriouslyWhy advisors and their clients should have discussions about the client’s life beyond careers and financesRedefining what retirement means beyond leaving the jobHow to balance a busy schedule with personal time for creativityAnd moreConnect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Julie Liss:LinkedIn: Julie Liss

Are you grappling with the complexities of selling your business, unsure of where to start or how to navigate the process?In this enlightening episode, Nicole is joined by seasoned professionals, Matthew Hammer and Dawn Mase from Wintrust Commercial Banking, to shed light on the intricacies of selling a business. Through their experiences and insights, they demystify the process and provide valuable advice to help business owners overcome different hurdles to successfully exit their business and leave it in the right hands.Nicole, Matthew Hammer & Dawn Mase discuss: Different ways to exit your businessSelling to strategic investors, financial investors, or through private salesStructuring the sale transactionOvercoming common pitfallsKey components of the sale transaction, ie earnouts, rollover equity, and working capital adjustmentsContinuing involvement post-saleAnd moreResources:Preparing For The Sale of Your Business: Part 1 with George Karavattuveetil (Ep. 38)Preparing For The Sale of Your Business: Part 2 with Deanna Salo and Eric VanderPloeg (Ep. 39)Wintrust Commercial Banking Connect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.com312-831-4370Connect with Matthew Hammer:847-590-7042mhammer​@wintrust​.comLinkedIn: Matthew HammerAbout Matthew: Matthew Hammer is a Group Senior Vice President & Division Manager in Wintrust’s Commercial Bank managing Chicago-based middle market privately held businesses. Matt has 21 years of commercial banking experience, including helping lead Wintrust’s growth since 2013 with diverse experience with manufacturing, distribution, and service companies.Matt has a Bachelor’s Degree from Purdue University, Krannert School of Management with a focus in Finance and Marketing. Matt is an Evans Scholar alum and active in various leadership positions within the Western Golf Association and Purdue University Chapter. Before joining Wintrust in 2013, Matt worked for LaSalle Bank and its successor Bank of America for 10 years.Connect with Dawn Mase:847-590-7046dmase​@wintrust​.comLinkedIn: Dawn MaseAbout Dawn Mase: Dawn Mase is a Senior Vice President in Wintrust’s Commercial Bank where she serves as relationship manager identifying and developing

Whether you’re at the onset of selling your business or simply exploring your options, knowing what to look out for can help you make informed decisions.In this episode, Nicole is joined by Deanna Salo Managing Principal with Cray Kaiser, and Eric Vanderploeg of Burke, Warren, MacKay & Serritella’s Litigation to share their wealth of knowledge and practical tips to guide you through the process.Join us for an insightful discussion on the legal, tax, and financial considerations when preparing to sell your business.Nicole, Eric & Deanna discuss: The importance of involving professionals early in the sale process.The critical role of corporate agreements.The importance of accurately valuing the business.Involving key employees to protect the value of the business.And moreResources:Preparing For The Sale of Your Business: Part 1 with George Karavattuveetil (Ep. 38)Connect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Eric VanderPloeg:LinkedIn: Eric VanderPloegBurke Law Connect with Deanna Salo:LinkedIn: Deanna SaloCray KaiserAbout Deanna:Deanna Salo has been with Cray Kaiser for over 35 years, where she specializes in mergers, acquisitions, shareholder disputes, and ensuring strong agreements for companies. However, she emphasizes the personal impact of each engagement, viewing them as connections with individuals or families. Starting at Cray Kaiser in 1986 after graduating from the University of Arizona, Deanna has grown alongside the firm, which values a people-centric approach. As a Principal since 2001 and Managing Principal since 2021, she provides assurance, strategic, and tax planning services, particularly focusing on closely held and family-owned businesses and nonprofits. Deanna also leads Cray Kaiser’s relationship with DePaul University’s Entrepreneur and Family Business Council and is highly accessible to its members due to her dedication to their success.About Eric:Eric P. VanderPloeg is a partner at Burke, Warren, MacKay & Serritella, P.C. Mr. VanderPloeg is a member of the firm’s Automotive Franchise, Litigation, and Consumer Financial Services Litigation practice groups.Eric started his career as a litigator, and he has handled an array of commercial matters in both state and federal court in several states and jurisdictions. In addition to handling disputes, Eric now also acts as general counsel to businesses in several industries, providing advice on legal matters, including contractual, employment, regulatory, and corporate governance matters.In 2016, 2017, 2018,...

So you’re ready to sell your business or have been thinking about selling for a while, now what?In this two-part episode, Nicole speaks with George Karavattuveetil, President of Psyched, LLC, about how to prepare yourself to sell your business. George shares his 3-step process to help business owners get ready to sell. Nicole and George draw attention to the lack of understanding and preparation among business owners for the emotional impact of selling their business, and the shift in private equity firms’ interest in long-term views when purchasing businesses. They go on to emphasize the importance of managing emotions during the sale of a business, and the value of teamwork and professional advice during the transition.Nicole and George discuss: Emotional and psychological aspects of preparing to sell a businessPrioritizing goals and values when seeking a buyerPrivate equity firms’ interest in long-term views when purchasing businessesAnd moreResources:Love’s Detour: Navigating Divorce With Beth McCormack and Jason Sposeep (EP. 28)Co-Parenting Strategies Amidst Divorce With Beth McCormack and Jason Sposeep – Part 2 (EP. 29)Connect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with George Karavattuveetil:LivePsyched.comLinkedIn: George KaravattuveetilGeorge@psychedllc.comAbout George Karavattuveetil: George Karavattuveetil is the President of Psyched, LLC. His unique experience has provided him with opportunities to gain critical perspectives of employees and management, entry-level and executive, within union and non-union environments, and across nearly every industry and functional classification. His success has always been with people. George’s goal is to maximize individual and team performance. Not in comparison to others, but relative to what one is capable of.

There is a big part of the investing world that doesn’t get as much news as equity markets.But it should.In this installment of Dollar$ and $ense, Nicole is joined by Matt Bernardi from Bernardi Securities. Together, they demystify the municipal bond market, a key component in funding local infrastructure projects that are vital to our communities. Matt and Nicole expand on how today’s market has weathered the storm of the COVID-19 crisis and the role of stimulus funds in ensuring municipal stability. The discussion extends to the broader economic context, including consumer spending patterns and the Federal Reserve’s monetary policy, to illustrate their impact on the bond market.With this episode, you will gain insight into: The significance of the municipal bond marketResilience and adaptability of municipal credit during and after COVID-19How the Federal Reserve’s actions impact the municipal bond marketPension liabilities and the potential effects of quantitative tightening on bond portfoliosAnd moreResources:The History of the Decline and Fall of the Roman Empire by Edward GibbonNapoleon: A Biography by Frank McLynnLinkedIn: Steve Anastasiou Connect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.com312-831-4370Connect with Matt Bernardi: Bernardi SecuritiesLinkedIn: Matt Bernardi312-281-2015About Our Guest: Matt Bernardi joined Bernardi Securities in August of 2013 after trading for 3 years at Chesapeake Partners, a hedge fund located in Baltimore, Maryland. Matt currently assists individuals, pension funds, banks, and other institutions regarding their municipal bond portfolios. He graduated from Johns Hopkins University in 2010 with a B.A. in history and economics minor. Matt currently holds the Series 7, 24, 27, 52, 53, 63, and 65 licenses, serves on the Union League Boys & Girls Club investment committee, and is past President of the Associate Board.

Divorce is an emotional time for both spouses, but it’s important not to let emotions control the process. How can you build the best team for your divorce?In this episode, Nicole Romito speaks with Susan Guthrie, a family law attorney, about the intricacies of divorce. They emphasize the value of a collaborative approach over litigation and the importance of assembling a professional team, including attorneys, financial advisors, and mental health professionals. Susan advises listeners on how to select the right attorney, stressing the need for one who genuinely practices collaborative law. They discuss the significance of experience and mindset in professionals guiding the divorce process and debunk the misconception that collaborative divorce requires a friendly relationship between spouses. Their conversation highlights the benefits of collaborative and mediated divorces for all parties involved, especially children.Nicole and Susan discuss: The need for emotional support before hiring an attorneyThe role of a divorce coach and a financial professional in managing emotions and making rational decisionsThe benefits associated with a well-rounded professional teamThe holistic approach to divorce which involves legal, emotional, and financial aspectsMisconceptions about collaborative divorce, the importance of commitment to the process, and how to find an attorney committed to the collaborative processThe importance of vetting professionals and asking the right questionsAnd moreResources:Divorce and BeyondMake Money MediatingConnect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Susan Guthrie:SusanGuthrie.comLinkedIn: Susan GuthrieInstagram: @susanguthrieesqAbout Our Guest: Susan Guthrie is a nationally recognized family law attorney. She had a successful practice in Connecticut for 32 years and now is a well-known, collaborative and mediation trainer. She aims to help other attorneys learn how to effectively help their clients choose a more productive and amicable way to divorce. She’s also the host of two podcasts, Divorce and Beyond, and Make Money Mediating.

The Secure Act 2.0 is ever-evolving and has brought up some important questions recently, so let’s go over them!Laurie Kaplan, CPA, partner at Michael Silver, joins Nicole for her second time on the show to continue their discussion about the Secure Act 2.0. Laurie goes over what has been finalized in the act for 2023 and looks ahead to 2024 and 2025. She clears up confusion around various topics including the Required Minimum Distributions when inheriting an IRA, changes in retirement plans, the rules and implications of annuities and IRAs, and the importance of tax planning. Laurie also discusses the new Roth IRA rollover option, the penalty reduction for missed RMDs, and the benefits of having both Roth and traditional IRAs.Laurie discusses: The Secure Act 2.0 provisions and potential impact on retirement plansWhat has been finalized in the act for 2023 and what we can anticipate for 2024 and 2025Changes to required minimum distributions, Roth IRA rollover option for 529 plans, and penalty reduction for missed RMDsExplanation of annuities and IRAs, including single life expectancy and joint annuity optionsDesignation of beneficiaries for retirement plans and consequences of not having one or if the designated beneficiary is deceased or not updatedPremiums and surcharges associated with Medicare based on adjusted gross income (AGI)And moreResources:Highlighting The Key Changes In Secure Act 2.0 With Laurie Kaplan (Ep. 16)Connect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Laurie Kaplan:MichaelSilver.comCall: 847-982-0333LKaplan@MichaelSilver.comLinkedIn: Laurie KaplanAbout Our Guest: Laurie Kaplan, CPA, has been serving as a trusted advisor to clients for over 25 years, expertly managing and addressing tax and accounting issues within various industries, including manufacturing and distribution, retail, restaurants, real estate, automobile dealerships, and professional service providers. Her background in both accounting and tax, as well as her consultative approach, allows her to partner with clients and develop innovative solutions to address their personal and business needs. She specializes in employee benefit plans, estate and gift tax, like-kind exchanges, and small business start-ups.

Estate planning is important for everyone, but why is it especially important for the sandwich generation?In this episode, Nicole introduces fellow Private Vista colleague, Jeff Toner, CHFC®, RICP®, Partner at Private Vista, to talk about estate planning. While it’s important to get your documents in order before you need them, Nicole and Jeff point out that there are many layers to estate planning and discuss the impact it can have on multiple parts of our lives. They delve into the complexities of managing aging parents’ affairs, the importance of open communication within families, and the need for estate planning documents. Jeff emphasizes the benefits of proactive estate planning, including providing clarity for families, reducing tax burdens, and ensuring wealth preservation for future generations.Nicole and Jeff go over: The importance of estate planning, especially for the sandwich generationThe challenges that come with managing aging parents’ affairs and the reversal of rolesWhy estate planning isn’t just a checklist, it’s a lifelong processWhat key documents are needed for estate planning, in addition to a willThe challenges faced by the sandwich generation in estate planning for aging parents and themselvesAn explanation of power of attorney, wills, trusts, and their importance in estate planningThe various benefits of proactive estate planning, including control over decisions, educating and providing clarity for families, and tax reductionAnd moreConnect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Jeff Toner:LinkedIn: Jeff TonerMyPrivateVista.comCall: 312-831-4370About our Guest: Jeff Toner, Partner at Private Vista, now almost 40 years into his career, has the luxury of looking backward and reflecting on the journey he has been on. Back in 1984, he didn’t know what a fiduciary was or what a financial planner did. What he did know was he wanted to help people with their finances and achieve their goals in life. He wanted to do it in a way that he wasn’t selling them a product but rather walking side by side with them as they moved toward their dreams. Jeff has been with them in moments of great joy and cried with them during their times of sadness. He has taught and educated them, but more importantly, he has been taught and learned from them as well.

The year-end holidays can be the most stressful time of the year, from family gatherings and tensions to tight deadlines at work.But what if we told you they don’t have to be?In this episode, Nicole speaks with professional development coach Brendan Cournane about stress management. They focus on managing the stress that comes with the holiday season and the pressures of closing business deals by year-end. Coach Brendan shares strategies for managing stress, such as practicing mindfulness, meditation, and curiosity. He also emphasizes the importance of open communication and taking pauses in conversations for reflection.Brendan discusses: How to manage stress revolving around family and during year-end at work, in preparation for the holidaysThe benefits of practicing calming exercises like meditation and mindfulnessHow to approach challenging situations with curiosityHow to communicate about pressures at work with family membersTechniques for finding calmness and acceptance during the holidaysWhy silence is okay and the role it plays in healthy open communicationHow the ribbon method helps him through tough moments why harnessing happy memoriesAnd moreConnect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Brendan Cournane:LinkedIn: Brendan CournaneCoachBrendan.comcoach@coachbrendan.comAbout our Guest: Brendan Cournane has served as a partner in a national law firm and various roles in the public sector, including general counsel of the Illinois finance authority. He has seen the malaise and burnout effects of what happens when one’s core values do not align with one’s profession. As a recovering lawyer, he is now a professional development coach helping his clients understand why they do what they do in life, and he helps them align their core values with how they work and live a happier life. Brendan is a certified professional coach and leadership dynamic specialist, as well as a long-time practitioner of mindfulness and meditation, and is a firm believer that happiness is a present attitude, not a future condition.

Are you passionate about changing lives, uplifting those around you, and creating a better world? Join us in celebrating Giving Tuesday, a global movement to unleash the power of radical generosity.In this episode, Nicole Romito invites colleagues Lorena Lopez and Matt Currier. Taking a break from the usual financial topics, they shed light on the beauty of Giving Tuesday and the joy of giving. You’ll hear about their personal stories of giving back to the community, both individually and as part of the Private Vista team — a conversation aimed at inspiring positive change.Nicole, Lorena, and Matt discuss:Private Vista’s fundraising events that are both fun and impactfulTheir personal involvement in various organizations and causesWhy the act of giving isn’t limited to financial donationsHow companies can amplify their charitable impact with firm-wide initiativesReasons to integrate charitable giving into your financial planAnd more Resources:Big Brothers Big Sisters of Metropolitan ChicagoBoys and Girls Club of ChicagoBUILD ChicagoCity Year ChicagoGirls in the GameGreater Chicago Food DepositoryHabitat for Humanity ChicagoLatina Association for Breast Cancer (ALAS-WINGS)Connect with Nicole Romito: LinkedIn: Nicole Romitonromito@myprivatevista.comMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Lorena Lopez:LinkedIn: Lorena LopezConnect with Matt Currier:LinkedIn: Matt CurrierAbout our Guests: Lorena Lopez has been in the financial services industry for some time now, and in her position, she handles tasks that vary from ordering supplies to completing paperwork and billing via spreadsheets to help the office run more efficiently. Lorena also provides customer service to the clients and prioritizes tasks to improve efficiencies. Her greatest satisfaction comes from the role she plays in helping clients realize their dreams.Matt Currier’s career in the financial services industry began in 2015, as he kick-started his career in commercial banking. He transitioned from a loan production team, where he facilitated financing for businesses, to the bank’s private wealth management division, enabling him to work closely with clients and offer personalized financial

How can you optimize your year-end financial planning? With the end of the year nearing, it’s a good idea to review our financial plans and look at what we have set up for the long-term.In this episode of Dollar$ and $ense, Jim Weil CFP®, CIMA®, managing partner at Private Vista, joins Nicole Romito to talk about year-end planning strategies. They discuss managing income and taxes, including accelerating or deferring income based on tax brackets, bunching deductions, and timing bonuses for business owners. Nicole and Jim also touch on funding retirement plans and leveraging tax brackets through family member payroll additions while exploring the importance of proactive planning and consulting with financial advisors and CPAs to navigate changing tax laws.Nicole and Jim discuss: Year-end planning strategies for managing income and taxesFlexibility in income and compensation plans for business owners and executivesTax loss harvesting and timing considerationsThe benefits and drawbacks of interest rate increasesReviewing estimated tax payments and maximizing deductionsAnd moreResources:How Can Donor Advised Funds Be Used for Estate Planning? with Sean Julian (Ep. 27)Connect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Jim Weil:LinkedIn: Jim WeilMyPrivateVista.comAbout our Guest: Jim Weil is a seasoned financial planning professional with over 18 years of dedicated expertise in the field. His career began in the late eighties after graduating with a financial planning degree from Purdue University. Jim’s commitment to excellence is demonstrated through his possession of the prestigious CFP (Certified Financial Planner) and CIMA (Certified Investment Management Analyst) designations. Jim’s professional journey has been marked by his passion for client success, and he has undertaken the role of managing partner for Private Vista for the past five years. Beyond his client-focused responsibilities, Jim’s influence extends to the board of directors of Hightower Advisors, Private Vista’s parent company. His exceptional leadership and financial acumen have made him an invaluable asset to the industry and a respected colleague for nearly two decades.

Are you prepared to face the digital phantoms lurking in your inbox? This Cybersecurity Awareness Month, arm yourself with knowledge. Just as we take precautions during Halloween, it’s essential to be vigilant about phishing attacks in the financial services sector. In this episode, Nicole speaks with Sarah Khan, Chief Information Security Officer for Hightower Advisors, about cybersecurity and online safety when it comes to your finances. They discuss the prevalence of phishing attacks in the financial services sector, providing tips on how to identify and prevent them. Sarah Khan emphasizes the importance of secure online practices, such as using strong passcodes, avoiding public Wi-Fi, and being cautious with personal information on social media. Their conversation also covers real estate fraud, the importance of data protection laws, and the use of password managers.Sarah discusses: The importance of raising awareness and educating clients on cybersecurityPhishing attacks as a common cybersecurity threat in the financial services sectorTips on identifying phishing attempts and verifying email addressesWhy we should be cautious when conducting financial transactions on mobile devices and avoiding public Wi-Fi networksThe importance of strong passcodes on mobile devices and avoiding easily guessable passwordsWhat social engineering is and why we need to protect personal information shared onlineRecommended websites and resources for staying updated on cyber threats and protecting devicesWhy we should avoid engaging with scammersHow she and her team are working to help protect our clients’ moneyAnd more Resources:Dashlane.comLastPass.comCISA.govCrowdStrike.comConnect with Nicole Romito: LinkedIn: Nicole Romitonromito@myprivatevista.comMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Sarah Khan:LinkedIn: Sarah KhanAbout our Guest: Sarah Khan is the Chief Information Security Officer for Hightower Advisors with a demonstrated history of working in the financial services industry. She is skilled in IT Strategy, Management, Business Intelligence, Business Process Improvement, and Financial Services. She is a strong information technology professional with a professional and academic background focused in technology in Financial Services.

Divorce can be a challenging journey for many, and it requires careful consideration and planning, especially during the holiday season. In this episode, Nicole Romito continues the conversation with family law attorneys Beth McCormack and Jason Sposeep. This time, they unravel the complexities of divorce, focusing on co-parenting during the holidays and financial considerations. Beth and Jason provide valuable advice on early planning, effective communication, and involving children in the holiday planning process. Additionally, they highlight the significance of tax planning during divorce and the impact on social security benefits.They discuss:Strategies and conversations to have with your spouse to ensure smooth co-parenting during the holiday seasonHow to involve children in the decision-making process and considering their opinions in co-parenting during the holidaysThe importance of open and transparent communication between co-parentsThe impact of the calendar year on financial decisions and tax implications in divorce settlementsThe importance of being married for ten years to receive social security benefits and the process of claiming spousal benefits after divorceAnd more!Resources:Love’s Detour: Navigating Divorce With Beth McCormack and Jason Sposeep (Ep. 28)Connect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Beth McCormack:BEERMANN LLPLinkedIn: Beth McCormackbmccormack@beermannlaw.com(312) 953-5114Connect with Jason Sposeep:Schiller DuCanto & FleckLinkedIn: Jason Sposeepjsposeep@sdflaw.com(312) 609-5551About our Guests: Beth McCormick practices exclusively in family law matters for high net worth families, and she is experienced in complex litigation, mediation, and collaborative law. She is an equity partner at Bierman, which is located here in Chicago, Illinois. She has been repeatedly nominated by her peers as a leading lawyer and best lawyer, as well as top 50 women’s super lawyer and top 100 super lawyers. Her focus on compassion and empathy led Crane’s Chicago media to name her most influential women lawyer.Jason Sposeep is an equity partner at Schiller, DeCanto, and Fleck, headquartered in the Chicagoland area. He authoritatively advocates for high net worth professionals. and their spouses who want fair and equitable results. Jason’s extensive background in business and finance as well as his compassion and understanding enables him...

What are the best alternatives to litigation in divorce? Let’s ask family law attorneys.In this episode, Nicole Romito welcomes family law attorneys Beth McCormack and Jason Sposeep to talk about the different options that are available when considering divorce. They emphasize the importance of educating the public about alternative dispute resolution processes such as mediation and collaborative divorce, which focus on problem-solving and preserving relationships. Beth and Jason highlight the benefits of collaborative divorce, including the involvement of a full team of professionals, and stress the importance of finding the right professionals for the process. They also share their advice on how to approach the topic of collaborative divorce with a spouse and encourage listeners to do their research before making any decisions on who to work with.Nicole, Beth and Jason discuss: What they wish the public knew more about when considering getting a divorceWhat alternative dispute resolution processes are and their benefitsThe importance of having a full team in the divorce processSome examples of alternative dispute resolutions giving individuals more controlThe key differences between collaborative divorce and mediationWhy discernment counseling is important to attend before deciding to divorceHow to find the right professionals for collaborative divorce or mediationAnd moreResources:The War of the RosesConnect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Beth McCormack:BEERMANN LLPLinkedIn: Beth McCormackbmccormack@beermannlaw.comConnect with Jason Sposeep:Schiller DuCanto & FleckLinkedIn: Jason Sposeepjsposeep@sdflaw.comAbout our Guests: Beth McCormick practices exclusively in family law matters for high net worth families, and she is experiencing complex litigation, mediation, and collaborative law. She is an equity partner at Bierman, which is located here in Chicago, Illinois. She has been repeatedly nominated by her peers as a leading lawyer and best lawyer, as well as top 50 women’s super lawyer and top 100 super lawyers. Her focus on compassion and empathy led Crane’s Chicago media to name her most influential women lawyer.Jason Sposeep is an equity partner at Schiller, DeCanto, and Fleck, headquartered in the Chicagoland area. He authoritatively advocates for high net worth professionals. and their spouses who want fair and equitable results. Jason’s extensive background in business and finance as well as his compassion and understanding enables him to sensibly resolve...

Did you know you can set up a Donor Advised Fund during your lifetime or as part of your estate planning?In this episode, Nicole is joined by Private Vista’s very own Sean Julian to discuss the concept of donor-advised funds (DAFs), which are charitable giving vehicles. Sean explains how DAFs work, the flexibility they offer, and the benefits of using them for charitable giving. They also touch on tax strategies, such as using appreciated securities and “bunching” charitable gifts. The speakers emphasize the importance of working with a CPA and starting the process early.Sean discusses: Sean’s background in financial planning and expertise in helping clients achieve their financial goalsSome exciting news for Sean and her family this year The benefits of using DAFs, such as tax deductions and the strategy of “bunching” charitable giftsAnd moreConnect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Sean Julian:Private Vista: Sean JulianLinkedIn: Sean Julian

Sometimes, the path to a fulfilling career is far from straightforward.In today’s episode, Nicole Romito from Private Vista dives into the career journey of Mahogany Person, an emerging talent in the field of financial advising. Mahogany began her professional life as a math teacher but transitioned into financial planning after personal experiences opened her eyes to the generational gaps in financial education.Throughout the episode, Nicole and Mahogany discuss:How the ‘aha moments’ keep Mahogany passionate about educationKey strategies Mahogany employs to help both students and clients achieve their own ‘aha moments’The art of productive struggle in career and life transitionsNavigating career changes and the power of asking the right questionsThe rewards and challenges of career transitions, and why persistence and continual learning are vitalAnd more! Resources:Ohio UniversityBLX Internship ProgramCertified Financial PlannerMonty Hall ProblemConnect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Mahogany Person:LinkedIn: Mahogany PersonAbout our Guest: Mahogany Person bridges the worlds of education and finance. Originally a math teacher in her hometown of Dayton, Ohio, she transitioned to financial advising after pursuing an MBA in Finance. Now close to becoming a Certified Financial Planner (CFP), Mahogany has combined her love for teaching with her passion for personal finance. Her unique background allows her to simplify complex financial matters for her clients, proving that career detours can lead to unexpected, but fulfilling, destinations.

Thinking about diving into the real estate market? Whether you’re a seasoned pro or a first-time buyer, this episode is your go-to guide for navigating today’s dynamic real estate landscape.In this episode, Nicole Romito chats with Melanie Everett, founder and managing broker of Melanie Everett and Company, an independent real estate brokerage firm. Nicole and Melanie discuss the importance of planning ahead when buying a home and assembling a team of professionals. They discuss the challenges of finding suitable properties in a competitive market with low inventory and the benefits of hiring a real estate agent. Melanie explains the home buying process, including inspections, negotiations, and the role of a real estate attorney. Melanie discusses: The value of building a professional team when buying a home and who you should include in itMaintenance fees and other additional costs you should consider when buying a homeHow to maximum your outcomes when navigating the competitive real estate marketAdditional tips for homebuyers about the negotiation + closing process, finding the right real estate agent, and more!Connect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Melanie Everett:Melanie Everett & CompanyLinkedIn: Melanie EverettInstagram: @melanieeverettcomelanie@melanieeverettco.comAbout our Guest: Melanie Everett is an award-winning Chicago broker & founder of her boutique real estate brokerage, Melanie Everett & Company. She is a writer, negotiator, thinker, marketer, teacher, reader, & leader in her industry.Since 2014, Melanie has sold more than $200 million in residential sales & over 500 homes across the city. She consistently ranks in the top 1% of all brokers in Chicago, and M&Co. is a top 25 team for a number of transactions. In 2017, Melanie was honored with Realtor Magazine’s national “30 Under 30” title, & from there, and she graciously received more local & national acclaim, features, & speaking engagements.Melanie Everett is an award-winning Chicago broker & founder of her boutique real estate brokerage, Melanie Everett & Company. She is a writer, negotiator, thinker, marketer, teacher, reader, & leader in her industry. Since 2014, Melanie has sold more than $200 million in residential sales & over 500 homes across the city. She consistently ranks in the top 1% of all brokers in Chicago, and M&Co. is a top 25 team for number of transactions. In 2017, Melanie was honored with Realtor Magazine’s national “30 Under 30” title, & from there, she graciously received more local & national acclaim, features, & speaking engagements.

Purchasing annuities can be confusing, and on top of that, they’re often an emotional decision.In this episode, Nicole Romito breaks down annuities with Steve Merdinger, ChFC®, CFP®, Partner at Private Vista. They give an overview of points to consider and things to be aware of before purchasing them.Steve discusses: What fixed and variable annuities areThe importance of understanding what you’re buyingThe general prices of different annuities you can anticipateThe pros and cons of annuitization and what the exclusion ratio isWhy purchasing an annuity tends to be an emotional decisionHow annuity contracts are structuredAnd more Connect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Steve Merdinger:LinkedIn: Steve MerdingerMyPrivateVista.comsmerdinger@myprivatevista.comCall: 312-831-4426About our Guest: Steve Merdinger is a Partner and experienced Certified Financial Planner (CFP®) and Chartered Financial Consultant (CHFC®). With over three decades in financial planning, he helps individuals and families achieve their goals. Having worked in his family’s business, Steve has valuable insights into family-owned enterprises and succession planning. He holds a Bachelor of Business Administration from the University of Kansas and actively mentors students in the University of KU Business School program. Steve is involved in the Chicago Board of the Positive Coaching Alliance and aspires to become a trainer with the organization. He is a member of the Union League Chicago and the Valley Lo Club.

You could build the best financial plan for your retirement, with enough money for trips and relaxing days for the rest of your life. But what will you do during your retirement? Playing golf and seeing family only takes so much time.In this episode, Nicole speaks with Sarah Newcomb, author, speaker and founder of Thrive, on the psychology behind satisfying the emotional needs of retirees. Sarah dives into the importance of emotional needs and why they shouldn’t be considered a want when building your retirement plan.Sarah discusses: Her groundbreaking approach to setting life goals that will revolutionize your retirement planning.The profound significance of establishing a financial role model and how it can shape your path towards a prosperous retirementThe transformative power of Maslow’s hierarchy of needs within the realm of financial and retirement planningThe hidden secret to a fulfilling retirement: the essential role that hobbies play in bringing joy, purpose, and fulfillment to your golden years.And so much more!Connect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Sarah Newcomb:LinkedIn: Sarah NewcombTwitter: Sarah NewcombEmail: sarah@thrive-financial.netThrive FinancialAbout our Guest: Sarah Newcomb, Ph.D. is a behavioral economist and Founder of the Thrive Financial Empowerment Center. Through writing, speaking, and coaching, she teaches people of all stripes to build lives they love with the resources they have. As a subject matter expert, Dr. Newcomb has worked with corporate behavioral science teams at HelloWallet, Morningstar, and Edward Jones, where she helps financial advisors understand and respond to aspects of psychology that affect financial decisions. In all her roles, Sarah aims to adapt the findings of academic research to practical use in the financial lives of ordinary people, and to ground innovative approaches to financial advice in well-established psychological theory.

Amidst these unprecedented times, a burning question arises: Should you maintain a diversified portfolio? In this episode, Nicole Romito and Bob Westrick, Partner at Private Vista, provide a mid-year market update for 2023. Together they tackle some of the pressing inquiries that have flooded their clients minds. From whether America is already in a recession or heading into one, if it will be different this time around, and whether or not diversification still works during unprecedented times.Nicole and Bob discuss: Private Vista’s guidance amidst these extraordinary times and the unique challenges they presentWhat the difference is between the economy and the markets, and why they don’t always move in the same directionThe Federal Reserve’s potential measures to disrupt the current inflationary cycleWhat type of recession is expected, and to what severityWhy it’s better to invest for longer term goals rather than short-term goalsAnd moreResources:Preparing For 2023 After A Year Of Market Volatility With Bob Westrick (Ep. 10)Connect with Nicole Romito: LinkedIn: Nicole RomitoMyPrivateVista.cominfo@myprivatevista.comCall: 312-831-4370Connect with Bob Westrick:LinkedIn: Bob WestrickMyPrivateVista.comAbout our Guest: In 1983, Bob Westrick left a “Big Eight” public accounting firm to work for one of his audit clients. Eight years later, his entrepreneurial itch was scratched as he started a partnership in the financial services industry. Two years later, Bob co-founded WNA Wealth Advisors, one of the precursor firms to Private Vista. He is a frequent speaker and he is often interviewed on subjects ranging from economic conditions to wealth management. His experience as an accountant, business owner and financial advisor gives Bob a unique perspective to offer his clients.