
Chris Chapman ON: The Importance of a Bigger Purpose and Self Awareness when Building Wealth.
06/12/23 • 31 min
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Kristin Ramlal ON: Insights from a 20-Year Wealth Management Expert on Maximizing Your Wealth.
In this podcast episode, Dustin interviews Kristin Ramlal, a wealth management expert with many years of experience. They discuss the importance of diversification in a portfolio, alternative investments, and socially responsible investing. Kristin emphasizes the value of seeking advice from financial professionals and having a properly diverse portfolio across multiple asset classes. She recommends the bucket planning concept and discusses the Society of Real Wealth Managers. She also shares a story about collaborating with other financial professionals to create a well-rounded plan for a high-net-worth individual. This episode provides insights into the world of wealth management and investing for both big players and individual investors. Kristin Ramlal is a passionate wealth professional with 20 years of experience in the financial services industry. Her experience ranges from CND and US banking and lending, personal and institutional investment management, securities trading and portfolio construction, and holistic wealth management (financial, estate, tax, retirement, and strategic gift planning). She was a Canada Life securities specialist until the end of 2023 and recently joined the Canada Life Institutional Investment Solutions Team as VP of Institutional Investment Sales. In her spare time, she volunteers for the Canada Life Women in Leadership Employee Resource Group and is the Chair of the Society of Real Wealth Managers; she also loves to dance, yoga, travel and spend time with her two boys (Syrel and Kaylem). What we discuss: [00:02:20] Kristin discusses what big investment firms look for when trying to get growth out of their investments, including diversification, alternative investments, and socially responsible investing. [00:05:35] Kristin explains the importance of diversification in a portfolio, including diversification across asset classes such as cash, fixed income, and equities, as well as geographical locations and investment management styles. [00:04:15] Kristin talks about the rise of socially responsible investing and investment management strategies with ESG tilts, and how investors are increasingly wanting to be invested according to their values. [00:10:45] Kristin shares information on Investing in baskets of specific themes, such as electric vehicles or renewable energy, through mutual funds, seg funds, or ETFs. [00:13:38] Kristen explains the concept of short-term, medium-term, and long-term buckets for cash flow needs, with different levels of risk and investment strategies. [00:15:47] Kristen gives examples of questions to ask an advisor. [00:21:00] Kristin discusses the concept of Real Wealth Management and how it works collaboratively to lead financial plans for sustainability. [00:19:07] Kristin shares a story of a wealthy individual who was holding individual US stocks in an open non-registered environment, which magnified his potential for US estate taxes. She explains how they were able to avoid this problem entirely. [00:22:15] Kristin provides information on where to find Real Wealth Managers, including the Society of Real Wealth Managers website and the Knowledge Bureau program. Episode Resources: Kristin Ramlal | Linkedin Kristin Ramlal | Instagram Kristin Ramlal | Real Wealth Managers
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Nikki Fogden-Moore ON: Defining success and retraining the brain - Practical tools and insights for business owners to achieve work-life balance.
In this podcast episode, Dustin sits down with Nikki Fogden-Moore, a renowned leadership coach, speaker and author. Nikki shares insights and tools for business owners to overcome negative thinking and limiting beliefs to achieve work-life balance and success. Nikki emphasizes the need for conscious decision-making, clarity of thinking, and retraining the brain to overcome negative thinking. She encourages listeners to define their own version of success and to focus on self-mastery and self-confidence rather than seeking validation from external sources. About Nikki Fogden-Moore: Nikki specializes in helping individuals, teams and organizations unlock their full potential and achieve peak performance. With over two decades of experience in the field of human behavior and performance, she is highly regarded for her expertise in leadership development, resilience and wellness. Nikki's coaching philosophy is rooted in empowering her clients to tap into their inner strengths and navigate challenges and confidence. She believes in the importance of fostering a positive mindset, cultivating resilience, and embracing personal growth. Through her coaching programs, workshops and keynote speeches, Nikki inspires individuals and teams to overcome obstacles, improve their leadership skills, and create meaningful impact in their lives and organizations. [00:00:00] Nikki discusses the need to update one's operating system and define what success means to them, breaking up with outdated beliefs and stories that hold one back from achieving their goals. [00:00:40] Dustin and Nikki discuss the importance of recognizing limiting beliefs and negative thinking in business owners, and how it impacts work-life balance. They explore where these beliefs come from and how to overcome them. [00:04:58] Nikki emphasizes the need for conscious decision-making, clarity of thinking, and retraining the brain to overcome negative thinking. She shares tools for defining what great looks like and achieving work-life blend. [00:09:38] Nikki shares her personal story of growing up on a farm and how she developed resourcefulness and curiosity through challenging experiences. [00:14:09] Nikki discusses the importance of replacing negative thinking with curiosity and shares tools for doing so, including listening to your breath and acknowledging your subconscious. [00:17:40] Nikki emphasizes the importance of self-mastery and personal growth, and encourages listeners to prioritize their own happiness and fulfillment. [00:19:24] Nikki discusses the importance of recognizing negative thoughts and replacing them with curiosity and compassion. [00:20:43] Nikki shares three steps for conscious decision making, including having a quiet space and trusting one's intuition. [00:22:33] Nikki emphasizes the need to redefine success beyond financial gain and to overcome fear in order to have conscious conversations and make decisions. [00:31:19] Nikki emphasizes the importance of movement and exercise in maintaining physical and mental health, and shares her philosophy on fitness and wellbeing. [00:33:50] Nikki discusses the importance of prioritizing one's health and fitness, and the need to stop making excuses and start taking action towards self-love and self-care. [00:37:16] Nikki shares her final thoughts on taking control of one's life, replacing fear with curiosity, and embracing all that life has to offer. CONNECT WITH NIKKI: Instagram LinkedIn Website
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