Episodes

There is great power in giving to your loved ones as a part of your legacy. But since legacy gifts can be life-altering for those who receive them, it’s crucial to plan ahead. In this episode of Wealth Is In The Details, join Peter Raskin as he navigates the path of gifting assets to create a legacy. He shares must-know planning tips around the monetary and emotional components of legacy giving and shares ways you can start planning for your legacy today. In this episode, you will learn: The im...

One of the great things about Boston is its stand-out food scene. To celebrate the city’s food industry, Peter Raskin joins renowned chef and restaurateur Jasper White for today’s episode. Together, they dive into a lively conversation about Jasper’s years of restaurant experience and the business lessons he’s learned along the way. In this episode, you will learn: How Jasper got into the restaurant industry The ups and downs of owning a business How COVID-19 has impacted the restaurant industr...

Business owners often need to grow the value of their business to satisfy their lifestyle post-exit. This can be achieved through thoughtful growth planning. In this episode, Peter Raskin welcomes Pinnacle Equity Solutions’ John Leonetti to discuss the concept of growth planning. They discuss important considerations for business owners looking to grow their business for their exit and explain why growth planning is not just about maximizing revenue. In this episode, you will learn: What your m...

An Employee Stock Ownership Plan, also known as ESOP, is the most common form of employee ownership in the United States. In this episode, Peter Raskin is joined by Rich Glassman, a partner at ESOP Plus. Rich discusses the different implications of ESOPs while explaining how these plans are a “win-win game” for business owners and their employees. In this episode, you will learn: What an ESOP is and how it works Why business owners should consider ESOPs, and how it relates to their readiness to...

Health insurance and coverage is absolutely vital in American society. But it affects individuals and business owners at different levels, and it can be tricky to maneuver. In this episode, Peter Raskin is joined by Balanced Benefits Group president and owner Patrick Mccullom to discuss the cost of healthcare coverage for small businesses across the country, and how this is often a burden for both employers and employees. In this episode, you will learn: How legislation and prescription medicat...

Over the years, Raskin Planning Group has developed a process to help small business owners exit their business on their terms. One major part of this planning process is understanding the factors that are involved in determining and appraising the value of business owners’ most important and largest asset, their business. In this episode, Peter sits down with Chris Mellen, managing director of Valuation Research Corporation. Chris shares some of his expert advice on business valuation and appra...

To hand off your business to a successor who will keep leading with similar values and goals, you need a strategic succession plan that aligns with the skills, experience, and capabilities of your business. In this episode of The Wealth Is In The Details, Peter Raskin welcomes the Leadership & Legacy Group’s Abby Donnelly to explore the succession planning process. Abby breaks down her process for helping business owners prepare to hand off their business and reveals the tools and strategies tha...

Choosing to leave your business can be a difficult decision, but is one that must ultimately be made. Today, Peter Raskin discusses exit strategies for small business owners. He dives into the financial and mental struggle that can come when choosing to leave, and reveals how planning for your exit early can both guide and improve your business. In this episode, you will learn: How exit planning can benefit your business The importance of planning for uncertainty Why you should prepare mentally...

With election season upon us, many Americans are anticipating what’s to come from the 2020 presidential election — and what the election and its resulting presidency could mean for the markets. In this episode, join Peter Raskin as he debunks the common belief that markets are influenced by politicians and their policies. Peter breaks down ten reasons why there isn’t any correlation between markets and politics and shares what you should keep in mind when managing your investments through this e...

From selling your home to packing up and settling into your new house, moving can be an incredibly stressful experience. But what if someone could help make your move a little easier? In this episode, Peter Raskin welcomes Out of the Box Moves’ Amy Roberts. Together, they discuss the most stressful parts of the moving process and how moving management companies can help ease the process — both physically and emotionally. In this episode, you will learn: About the emotional side of moving How to...

As a financial planner, Peter Raskin has the privilege of accompanying families on their journey through life. He also has the pleasure of seeing first-hand how comprehensive financial planning can enhance a family’s life. Today, Peter Raskin highlights how planning can lead to well-lived lives. He reveals why and how some people become millionaires without the flashy cars and large houses and recounts the story of one man who became a millionaire through smart financial decisions and consistent...

When was the last time you reviewed your financial plan? In this episode, Peter Raskin reveals why he recommends reviewing financial plans each year. He also shares what you should be considering when reviewing your plan and the adjustments your plan may require as you progress through life’s changes. In this episode, you will learn: The benefits of working with an advisor on your plan Why you should review your plan annually Whether you can truly have a “perfect” plan Why you should be making ...

Some say that there’s always time for a glass of wine. But with a wide variety of wines to choose from, how should you choose which to drink — and when? Today, Peter Raskin joins Jason Lee, the owner and CEO of VINOvations, to explore Jason’s expertise and his wealth journey in the business of wine. Together, they discuss the intricacies of wine, where it comes from, and its different varieties. In this episode, you’ll learn: How wine is sold Ways VINOvations tells the stories of wineries and v...

Interest rates are almost at the lowest they have ever been. Are you thinking about buying or refinancing a house? Today, Peter Raskin speaks with David Fay, a mortgage loan officer with the Washington Trust Mortgage Company, about what to consider before choosing a mortgaging. David also provides clarity on options for loans and interest rates tailored to your financial goals. In this episode, you will learn: The pros and cons of different loans The advantages and disadvantages of short- and l...

Technology has become the foundation of our modern world. During times of uncertainty, like what we’ve experienced in 2020, technology has proved just how useful it can be. Today, Peter Raskin explores the world of technology and the benefits it can provide both professionally and personally. In this conversation, Peter also addresses the possibility of technology-related risk and how to balance that risk with security. In this episode, you’ll learn: What role security plays with technology How...

Do you know what a bear market is? Here’s a hint: we are currently experiencing this type of market. In this episode, Peter Raskin explores bear markets and the effect they have on the financial industry. Peter additionally discusses strategies to help you navigate these types of markets. In this episode, you will learn: What a bear market is and when we’ve seen one before The benefits of a bear market How reviewing your portfolio allocations can be an effective risk management tool Tax strateg...

Don’t wait for a big event to start the planning process. Begin your financial plan today and continue that plan for the rest of your life. In this episode, Peter Raskin opens a conversation about the importance of making the decision to start your financial plan. He provides examples of how different decisions, or no decision, can impact your future. In this episode, you will learn: Why you should start your financial plan Why your financial plan is never the finished product The importance of...

How often are you talking with your financial advisor, only for them to mention a word you don’t understand? If you don’t understand certain terms, you might know why your portfolio is constructed in a particular way. In this episode, Peter Raskin goes over a variety of financial terms that most people don’t understand. He explains several concepts that many advisors use and how they connect to your portfolio and the financial market. In this episode you will learn: Definitions and examples of ...

When was the last time you reviewed your retirement plan? Now might be the time—the introduction of the new SECURE Act may impact your plan for the future. In this episode of the Wealth Is In The Details Podcast, Peter Raskin breaks down the SECURE Act and how it may impact your retirement planning. In this episode, you will learn: How IRA contributions and distributions are affected by the act How beneficiaries may be impacted by these changes The importance of planning into the future And mor...

Everyone is nervous during this pandemic. But what should you focus on when trying to arrange your finances? Today, Peter Raskin talks about the effect COVID-19 has on the financial market and individual portfolios alike. Peter also shares five action items you should look at when dealing with personal finances to help both you and your money. In this episode, you will learn: Five action items to think about during COVID-19 The effect the virus has had on the financial market How your portfolio...

Like most other people, small business owners have financial goals, objectives, assets, liabilities, and expenses. But they also have an extra asset: their business. How can business owners plan for retirement when their business is in the mix? In this episode, Peter Raskin shares what small business owners need to consider when building retirement plans. In this information-packed episode, Peter additionally explores the types of plans available to small business owners, along with how this typ...

Your kids will probably be grown up and independent by the time you retire. At this point, your family home might start to feel too big and too empty. You might decide that it’s time to downsize. In this episode, Peter Raskin is joined by top Massachusetts realtor Deborah Lucci. Deborah generously shares insights into what you can do to successfully market and sell your home in the Boston area. In this episode, you will learn: What the timeline of selling your home should look like The importan...

In this special episode, we share updates on how we are responding to the COVID-19 situation, how we’re assisting our clients, and what actions we’re advising investors to take during this time of uncertainty. Tune in now to learn how the markets are being affected and what we’re doing to help clients during this tumultuous time. Resources: Raskin Planning Group CRN-2998649-031720

We all want the best for our children, which includes providing them with the best education possible. Whether you’re planning for private school or college, the question remains the same: How will you fund it? In this episode of Wealth Is in the Details Podcast, Peter Raskin takes you through the four options available to anyone who wants to provide education funding for a family member. He discusses the pros and cons of each option, emphasizing that only you and your financial professional can...