Mont Wealth - "Pizz-Spectives" - Investing & Wealth Creation Strategies

Rob Pizzichetta explains the global bond sell-off as long-term government yields hit multi-decade highs across the US, UK, Europe, Japan, and Australia, noting rising yields mean falling bond prices and higher borrowing costs throughout the economy. He outlines three drivers: cyclical geopolitical inflation pressure from renewed US–Iran tensions pushing oil above $90; mid-range uncertainty as markets adjust to a new Fed chairman, Kevin Warsh, and less predictable central-bank guidance; and a largely structural shift driven by expanding US and Australian deficits, higher refinancing costs, a shrinking base of price-insensitive bond buyers, and massive AI-related corporate bond issuance competing with governments for capital. He also discusses US Treasury buybacks and concerns about potential “financial repression,” then links higher yields to mortgage rates, fixed-income duration risk, retirement income diversification, and equity valuation pressure, concluding long-term rates are likely “higher for longer.” 00:00 Debt Hits New Highs 01:17 Global Bond Selloff Explained 02:49 Why Yields Rising 03:00 Geopolitics Oil Inflation 03:45 Fed Uncertainty Premium 04:19 Debt Deficits AI Borrowing 07:36 Treasury Buybacks Repression 08:59 What It Means Investors 10:40 Cyclical vs Structural Wrap 11:08 Final Thanks Subscribe

Rob Pizzichetta explains that “real income” in retirement means an income stream that keeps pace with inflation, not just a high nominal yield. Using a term deposit example (5% interest vs 3.5% inflation), he highlights how purchasing power can still shrink when capital is static. He warns that relying on a single income engine—especially residential property—creates structural risk through asset, income-type, and liquidity concentration, compounded by the “baby boomer exit problem” in an illiquid market. He then outlines the Mont Wealth Income Portfolio as a response: a growth and defensive engine with diversified assets and income types, including global property and infrastructure (22%), Australian equities (14%), global equities (12%), private equity (~4.5%), private credit (~19%), domestic fixed income (~13%), global fixed income (~9%), and cash (~5.5%), designed to protect purchasing power and avoid forced selling. 00:00 Real Income Mindset 00:29 Podcast Intro Setup 01:15 Real vs Nominal Income 01:36 Term Deposit Inflation Trap 02:56 Stop Chasing Yield 03:22 Property Retirement Myth 03:56 Liquidity Exit Crunch 05:46 Three-Dimension Diversification 06:22 Portfolio Growth Engine 07:40 Portfolio Defensive Engine 08:38 How The Wheel Works 09:28 Wrap Up Call To Action www.montwealth.com.au

Rob Pizzichetta of Mont Wealth speaks with Julian Campbell-Wood, portfolio manager of Resolution Capital Global REITs, reviewing the fund’s ~18% return over 12 months and ~3.5% net alpha versus benchmark. They discuss why global REIT fundamentals look constructive despite higher rates, focusing on rising replacement costs (physical build costs up ~30–40% in 4–5 years plus higher finance costs), moderating new supply, and sector-by-sector rent growth (including seniors housing/healthcare rents growing north of 5%). Julian explains the fund’s bottom-up, sector-led approach emphasizing landlord pricing power, diversified investment-grade REITs, and ~30% portfolio loan-to-value. Portfolio positioning includes overweight housing/healthcare, high-quality retail, selective data centers (favoring retail colocation like Equinix), and residential; underweight some industrial, office, hotels/gaming. Expected income is ~3–3.5% and earnings growth ~6–7% p.a., with key risks being macro demand weakness, an inflation shock, and AI-driven volatility. 00:00 Cash Flow Growth Teaser 00:33 Welcome and Disclaimers 01:05 Fund Performance Review 01:34 Why REITs Rallied 02:18 Replacement Costs Explained 03:14 Rent Growth by Sector 04:14 Supply Shortages and Winners 05:28 Multi Year Tailwinds Ahead 07:11 Retail vs E Commerce Myth 08:37 Seniors Housing Demand Surge 10:05 Inflation Protection Playbook 11:13 How the Fund Invests 14:34 Portfolio Positioning Snapshot 16:45 Data Centers and AI Risk 19:34 US Residential Opportunity 21:08 Income and Return Outlook 22:24 6 to 7 Percent Growth Question 23:07 Key Risks and Closing

Rob Pizzichetta of Mont Wealth hosts Elizabeth Cummings of Conlon Cummings Lawyers to discuss how major life events like death, estrangement, marriage, divorce, or illness should trigger an estate plan review. They cover recent proposed tax changes to trusts and the government’s backflip on testamentary trust reforms, then explain what testamentary trusts are and how they can provide tax advantages (including income distributions to minors) and asset protection, plus stamp duty advantages when transferring inherited property within beneficiary rules. Elizabeth outlines key estate planning needs by age: for 30s (guardianship, trustees, wills, enduring powers of attorney, medical treatment decision-makers, super binding nominations and insurance), 40s (reviewing documents, testamentary trust considerations, choosing inheritance ages), and 50s/60s (trust deed alignment, business succession, and probate processes and family disputes). 00:00 Why Estate Plans Change 00:24 Meet Rob and Liz 00:59 Liz’s Legal Journey 02:43 Testamentary Trust Tax Scare 05:15 How Testamentary Trusts Work 08:58 Wills Meetings and Capacity 10:17 Estate Planning in Your 30s 14:31 What to Review in Your 40s 17:26 Trusts Business and Probate 20:05 Probate Process and Family Drama 22:04 Review Triggers and Wrap Up Elizabeth Cummings Principal Family | Commercial | Litigation | Conveyancing | Wills & Estates ​​ 554 Mount Alexander Road, Ascot Vale 3032 T  (03) 9375 2616 E  [email protected] W  www.conlancummings.com.au

AI Boom vs Dotcom: Macro Signals, CapEx Risks, and Investor Signposts (Gino Rossi on Pizz-Spectives) Rob Pizzichetta (Mont Wealth) interviews Gino Rossi (Vestigo Investments) about markets, macro conditions, and parallels between the AI boom and the dotcom cycle. Rossi explains Vestigo’s 2024 launch, its intergenerational-wealth target investor, and a “discovery” approach focused on under-covered stocks, with performance sitting mid-pack versus peers but positive. Macro discussion highlights US manufacturing surveys turning positive while housing remains weak amid high 30-year mortgage rates and sticky inflation, creating a two-speed economy and uncertainty for the Fed. Rossi draws on a San Francisco Fed paper on dotcom booms/busts, noting CapEx is hard to interpret due to IT price deflation and that dotcom excess was concentrated in telco CapEx, which later collapsed. He argues today’s hyperscaler AI CapEx is massive, LLM economics may be low-margin, and investors should watch demand-side signposts, not just CapEx, and stay nimble. 00:00 Nimble Investor Mindset 00:25 Show Intro and Guest 01:06 Vestigo Fund Overview 02:10 Discovery Fund Approach 02:49 Performance and Positioning 04:05 Macro Setup and Agenda 05:41 US Manufacturing vs Housing 08:02 Rates Inflation Two-Speed Economy 10:11 Planning for AI Cycle 11:50 Dotcom Parallels and Volatility 16:13 CapEx Deflation and Telco Warning 19:01 Hyperscaler CapEx and LLM Economics 22:32 Productivity Adoption and Circular Revenue 24:34 Signposts and How to Position 27:38 Wrap Up and Next Steps

Rob Pizzichetta (Mont Wealth) interviews Chris Filer (Austbrokers Countrywide), a commercial insurance broker with 15 years’ experience and host of the “Another Bald Broker” podcast, about why insurance premiums have been rising and what consumers and business owners can do about it. Chris explains key drivers including inflation, supply chain issues, and local catastrophes like floods, bushfires and cyclones, with many premiums rising 5–10% while commercial property rates have recently plateaued and may be negotiated down. They discuss the value of brokers in advising on cover, navigating sub-limits and exclusions (e.g., jewellery item limits), managing claims, and avoiding underinsurance as rebuilding costs rise. Chris shares real claim examples and recommends reviewing sums insured, considering management liability for SMEs, testing brokers periodically, and reducing premiums by increasing excesses or using net-of-commission fee arrangements. 00:00 Welcome and Introductions 01:07 Why Premiums Are Rising 03:20 Why Use a Broker 05:15 Common Policy Traps 06:53 Underinsurance Explained 09:53 Cheap Cover Pitfalls 11:05 Claims Stories Good and Bad 15:50 Protecting Business Risks 17:47 Broker Checklist for Owners 20:43 Premium Outlook and Savings 23:49 Disclaimer and Contact Details https://open.spotify.com/show/7dMYOJ18DENp7zDRyKnBTq Mobile: 0400 058 985 Email: [email protected]

Rob Pizzichetta of Mont Wealth interviews Omar Khan, Head of Capital Markets at Alceon, to discuss ASIC’s review of Australia’s private credit market, focusing on the need for improved disclosure, governance, fees and conflicts management as the sector has grown to around $200 billion. Omar explains Alceon’s reporting and oversight processes, including an independent trustee, detailed monthly and quarterly updates, and early communication of loan issues. They cover market structure differences versus the US and Europe, valuation and default misconceptions, and how macro changes—RBA rate hikes, shifting capital supply, and housing dynamics—affect loan pricing and structuring. Omar outlines Alceon’s bottom-up, relationship-driven approach, intentional higher cash levels and resulting cash drag, shorter portfolio duration, risk management and workout practices, and a “cautiously constructive” 12–24 month outlook based on first-mortgage, conservatively originated real-estate-backed loans. 00:00 Welcome Back Omar 01:07 Why ASIC Stepped In 03:05 Top ASIC Principles 06:13 Valuations and Reporting 08:08 Macro Backdrop Shifts 10:04 Lending on Our Terms 12:23 Cash Levels and Returns 15:11 Deal Terms Today 17:31 Duration and Liquidity 18:53 Handling Defaults 22:40 Outlook Cautiously Constructive

Rob Pizzichetta of Mont Wealth reflects on FY26 portfolio resiliency during March 2026 volatility, noting global market drawdowns while Mont Wealth’s strategic growth portfolio fell 2.9% and the income portfolio fell 1.8%, both top ranked in their categories, emphasizing risk-adjusted returns. Looking to FY27, he outlines a complex landscape shaped by technological innovation, inflation, elevated government debt, and geopolitical uncertainty, and highlights three themes: the AI investment boom and valuation risk with broader beneficiaries, sticky inflation with potential but limited rate cuts, and a K-shaped recovery with uneven sector and regional outcomes. He then describes positioning across real assets, globally diversified equities (underweight Australia, high conviction India), fixed income balancing duration and floating rate income, and alternatives including private credit, private equity, gold, and measured digital asset exposure, detailing goals for both strategic growth and income portfolios. 00:00 FY26 Recap 00:46 Risk And Resilience 00:57 FY27 Outlook 01:45 AI Investment Boom 03:02 Inflation And Rates 03:52 K Shaped Recovery 04:46 Real Assets Strategy 05:15 Equities Positioning 06:02 Bonds Cash Alternatives 07:03 Portfolio Wrap Up 07:31 Final Takeaways General information only — not personal financial advice. Please seek professional guidance before acting on any information in this episode.

Rob Pizzichetta (Mont Wealth) speaks with Phil Strano (Yarra Capital Management) about the Australian economy, global macro, and portfolio positioning. Strano expects weak but non-recessionary Australian growth, supported by high immigration, with a per-capita recession possible, unemployment trending toward ~5% (potentially 5.5%), and inflation moderating naturally back into the RBA band around 2027. He anticipates the RBA adopts an easing bias by year-end and sees roughly three rate cuts over late this year and next year, though not a return to sub-1% rates. Globally, he cites headwinds from debt, aging demographics, geopolitics, and higher real yields, with AI capex a key tailwind. In credit, Yarra targets investment-grade quality yielding ~6–7.5% (higher income fund ~7.3%), discusses tight spreads amid higher government yields, and uses duration for defensiveness, noting recent drawdowns recovered and outlining multi-sector exposures across public and select private credit. https://www.yarracm.com/phil-strano-yields-take-centre-stage-again/ 00:00 Welcome and Agenda 00:46 Australia Rates Outlook 01:33 Growth Immigration and Jobs 03:35 Inflation Path and Cuts 05:44 Productivity Puzzle 06:32 US Rates and AI Boom 08:10 Global Headwinds Europe 09:39 Credit Yields and Strategy 10:56 Spreads Duration and Defense 16:12 Fund Performance and Exposures 17:43 Risks in Credit Markets 19:32 Wrap Up and Resources

Rob Pizzichetta (Mont Wealth) speaks with Mugunthan Siva, CIO of India Avenue Equity Fund, following Siva’s trip to India. They discuss India’s increased resilience to shocks, why Indian equities underperformed after 2020–24 strength (valuations running ahead of earnings, normalized earnings growth, Trump-era tariff impacts, West Asia war and oil spikes, and foreign outflows into AI-heavy markets like Korea and Taiwan), and where conditions stand now with tariffs around 15–18% and oil pulling back toward $80. Siva explains why large caps near 17x earnings look attractive, how India may benefit from later stages of the AI buildout via IT services and data centers, and forecasts for 6.5%+ real growth. He outlines portfolio tilts toward exports, manufacturing, pharma, and auto ancillaries, citing Mahindra as an example, and shares how to learn more at indiavenue.com.au. 00:00 Welcome and Disclaimer 00:37 India Trip Takeaways 01:19 Why Equities Pulled Back 03:10 Tariffs Update 03:40 Oil Prices and Inflation 05:31 Valuations and Long Term Case 06:10 India and the AI Wave 08:14 Growth Outlook and Flows 10:59 Portfolio Shifts and Themes 12:48 Sector Picks Pharma and Autos 13:52 Stock Example Mahindra 14:54 India vs China Comparison 15:41 Wrap Up and Fund Info https://indiaavenue.com.au/

Rob Pizzichetta of Mont Wealth examines the surge in self-managed super funds (SMSFs), noting nearly $8B moved from industry funds and 5% SMSF membership growth in 2025, driven mainly by a desire for investment control and recent tax incentives—especially for property inside super. He argues many Gen X and millennials don’t actually need an SMSF to access shares, ETFs, or tailored investing, and outlines the significant trustee workload, legal liability, compliance risks, and typical running costs (median ~$10k; average ~$19k annually), with cost-effectiveness often requiring $500k–$1m balances. He explains property-in-SMSF complexity (LRBAs, deposits, restrictions, caps, concentration risk) and positions Mont Wealth as offering differentiated strategies without SMSF governance burdens. 00:00 SMSF Boom Explained 01:14 Why Everyone Wants Control 02:36 Trustee Duties And Liability 04:01 Time And Money Costs 04:57 When SMSFs Make Sense 05:26 What Control Really Means 06:25 Mont Wealth Alternative 07:50 Property Inside Super Reality 09:02 Final Takeaways And Next Steps 10:00 Closing Disclaimers

In this episode of Pizz-Spectives, Rob Pizzichetta, founder of Mont Wealth, shares Mont Wealth’s philosophy and 10 principles for building and preserving wealth long term, shaped by 25 years of client experience and a high-service, risk-adjusted portfolio focus. He explains the importance of starting with clear purpose, understanding what you own and why, and diversifying across assets, income streams, and investment vehicles. Rob emphasizes staying invested to benefit from compounding, recognizing behavioral biases, respecting market cycles without expecting perfect timing, and separating short-term noise from long-term strategy. He also discusses why panic can create the best opportunities, why returns should be measured in real (inflation-adjusted) terms, and how to balance resilience against vulnerability by evaluating risk relative to return. 00:00 Intro and Philosophy 01:05 Rule 1 Purpose First 02:00 Rule 2 Know Holdings 03:05 Rule 3 Diversify Three Ways 04:22 Rule 4 Let Compounding Work 05:33 Rule 5 Behavioral Biases 06:40 Rule 6 Respect Market Cycles 07:42 Rule 7 Ignore the Noise 08:40 Rule 8 Buy in Panic 10:15 Rule 9 Real Returns 11:17 Rule 10 Risk Adjusted Resilience 12:33 Summary and Next Steps www.montwealth.com.au

Rob Pizzichetta, Founder of Mont Wealth, interviews David Pace, founder of Greencape (2006) and the first Melbourne inductee into the Funds Management Hall of Fame, about his career from KPMG to Merrill/BlackRock and the frustrations with bureaucracy that led him to build a boutique focused on investing, alignment, and culture, including outsourcing operations to Challenger and transparent profit sharing. Pace argues passive growth and benchmarking incentives (including APRA’s underperformance rule) drive risk aversion and large opportunity costs, making this a compelling time for quality active managers who can exploit widening gaps between price and fundamental value. He outlines what to look for in active managers (investment in research travel, performance fees, succession, and conviction), discusses the importance of strong investor relations, and reflects on Australia’s outlook and AI’s labor implications. He also shares his post-retirement activities in music, volunteering, and mentoring. 00:00 Hall of Fame Intro 01:22 Career Origins and KPMG 02:53 Why Greencape Started 04:39 Building Culture and Structure 08:10 Active Versus Passive Shift 12:38 Time Horizon and Performance Pressure 13:52 APRA Rules and Incentives 17:00 What Makes Great Active 19:47 Fees Inhouse and Marketing 22:03 Core Satellite Portfolios 23:02 Conviction Through Drawdowns 24:00 Investor Relations Matters 27:49 Shareholder Advocacy Role 29:15 Passive Versus Active Debate 30:31 Super Funds And MER Trap 33:33 Australia Outlook And AI 36:27 Passive Capital Misallocation 38:09 Bubbles And Valuation Hype 40:42 Life After Retirement 42:43 Final Thanks And Wrap

Paul Keating had the recession we had to have. Now, forty years later, are Australian homeowners staring down the housing correction we had to have? In this episode of Pizz-Spective, we pull apart the data, the history and the economics behind Australia's cooling property market and ask whether what's coming is a manageable blip or something more consequential. We start with Cotality's Chart of the Month, which maps every capital city housing downturn over the past four decades. Ten corrections. Ten different stories. And some striking patterns about what causes them, how deep they go, and how fast they recover. Then we turn to RBA Assistant Governor Sarah Hunter, who this week put the housing market squarely in the central bank's sights, warning that three interest rate hikes in 2026, combined with the Albanese government's landmark negative gearing and capital gains tax changes, could compound in ways the property market hasn't seen before. With states potentially facing a $9 billion stamp duty shortfall, the ripple effects go well beyond Sydney auction clearance rates. Finally, we dig into one of the most important and most under appreciated pieces of RBA research in recent years. When house prices fall, what actually happens to the economy? How does housing wealth compare to share market wealth in driving what Australians spend? And with 55.8 cents of every dollar of household wealth sitting in residential real estate, just how exposed is the Australian consumer to what happens next in the property market? The answers, drawn from decades of data, might surprise you. This episode draws on Cotality's May 2026 Monthly Housing Chart Pack, RBA research bulletin "Wealth and Consumption" by May, Nodari and Rees, and reporting on RBA Assistant Governor Sarah Hunter's comments at the Bloomberg investor forum, Sydney, May 2026. Pizz-Spective is an independent economics and property commentary podcast. Nothing in this episode constitutes financial advice.

Bull markets don't climb in a straight line. They climb by grinding through fear and right now, there is plenty of it. Middle East conflict. Energy price shocks. AI over-investment. A jobs apocalypse. Stretched valuations. A Federal budget that just rattled the banking sector. The wall of worry is high, and getting higher. But here's what history tells us: the higher the wall, the greater the opportunity on the other side. In this episode, we work through the wall brick by brick separating the genuine risks from the noise, and explaining how Mont Wealth portfolios are positioned to navigate both sides of this complex market environment. We look at why global earnings continue to do the heavy lifting, what a weaker US dollar means for your international exposure, and why the AI opportunity is far broader and more durable than most investors currently appreciate. We also tackle what happened in the Australian market this week head on. CBA's 10% single-day fall wasn't just a bad result it was a signal. A signal about bank valuations, slowing credit growth, and the structural risk quietly accumulating inside Australia's most widely held passive investment products. If your portfolio looks anything like the ASX index, this conversation matters. And we close with the question that sits behind all of it not just what to own, but how to own it. Because in an environment of genuine dispersion and shifting policy, getting the structure right can be just as powerful as getting the asset allocation right. This episode covers: Wall of worry · Recession dashboard · US stimulus · AI cycle · USD weakness · Global equities · Geographic rebalancing · CBA result · Budget impact · Passive fund concentration · Active management · Superannuation strategy For general information only. Not financial advice. Speak to your Mont Wealth adviser before making investment decisions.

Rob Pizzichetta (Founder of Mont Wealth) lays out an evidence-based case for being actively underweight Australian equities and overweight global, particularly US, equities. He argues the RBA is trapped between rising inflation (recently 3.6%, forecast to peak ~4.8%), weak growth (~1.3%), high household debt and variable-rate mortgages, with structural issues in productivity, housing supply (dwelling investment forecast cut to -1.1%), fiscal spending offsetting tightening, and risks of unanchored inflation expectations. Bank updates signal margin pressure, softer credit demand and rising arrears, while early corporate disappointments and likely downgrades collide with unattractive ASX valuation versus ~5% risk-free bond yields. In contrast, he highlights broadening US earnings strength, a Fed on hold, and a major AI capex cycle concentrated in US-listed companies, then recommends reducing AU equity exposure, increasing global/US exposure, and using income-generating assets for domestic allocation. 00:00 Big Picture Thesis 01:06 RBA Rate Squeeze 03:25 Structural Weak Spots 06:14 Banks Flash Warning 08:07 ASX Valuation Trap 09:17 Why US Looks Better 11:05 AI Capex Supercycle 12:35 Portfolio Moves 15:07 Final Takeaways

Rob Pizzichetta of Mont Wealth interviews Michael Vincent, Senior M&A Partner at EP Advisors, about what Australian business owners need to know before selling—often their biggest financial event. They discuss why many owners lack diversification, tax planning and clarity on buyer expectations, and note CGT concessions may apply for retirement (seek tax advice). Vincent explains common seller profiles (fatigued baby boomers vs growth-focused founders), active sectors (facilities management, essential services, infrastructure services, food, healthcare/NDIS), and key mistakes such as trying to sell after earnings peak. He outlines mid-market buyers (trade and private equity), deal types (platform vs bolt-ons), typical EV/EBITDA multiples (often 5–7, ranging ~3–10), how to position growth and clean financials to improve outcomes, options to sell a majority stake and stay for a “second bite,” and why using an advisor helps run competitive processes and structure deals. 00:00 Welcome and Guest Intro 00:11 Why Selling Matters 01:08 Seller Mindsets and Triggers 02:41 Boomer Industries in Play 03:46 Common Seller Mistakes 04:48 Mid Market Buyers Explained 06:58 Multiples and Valuations 08:30 Boosting Your Multiple 10:18 Hot Sectors and Fragmentation 11:35 Partial Exit Second Bite 13:16 Getting Ready to Sell 14:16 DIY Sale vs Advisor 15:22 Timing the Sale Process 16:14 Contact and Wrap Up

Rob Pizzichetta, founder of Mont Wealth, argues that investing is entering a new structural regime after 10–15 years of tailwinds from falling rates, low inflation, expanding valuations, and central bank liquidity, meaning returns are likely lower, inflation more persistent, and diversification harder as assets move more together. Drawing on Chris Joye’s framework, he highlights risks including AI-driven capital spending being inflationary, core US inflation staying above target, asset prices not pricing rate-hike risk, and a possible synchronized global hiking cycle; in Australia, he cites inflation driven by government spending and immigration, per-capita recession conditions, and a potential RBA cash rate drifting toward 5–6%. He illustrates how a 1% return shortfall can cost a 40-year-old about $607,000 in super over 25 years, critiques passive index concentration, and outlines Mont Wealth’s strategic growth portfolio across shares (39%), bonds/cash (20%), alternatives (25%), and real assets (15%) with active, dynamic allocation. 00:00 Power of One Percent 00:54 New Market Regime 01:39 Tailwinds Are Over 03:06 Chris Joye Warning 04:22 Australia Rate Shock 05:09 Compounding Retirement Gap 06:37 Passive Index Risks 08:00 Choose Discipline Now 09:18 Mont Wealth Portfolio Pillars 11:07 Next Decade Take Ownership 12:02 Final Thoughts and Signup

Global Small & Mid-Caps for Intergenerational Wealth | Gino Rossi (Vestigo) on Macro, Risk & Discovery Investing Rob Pizzichetta of Mont Wealth hosts Gino Rossi, founder and portfolio manager of Vestigo Investments and architect of the Vestigo Discovery Fund, to discuss today’s market environment and Vestigo’s global small- and mid-cap strategy designed for intergenerational wealth and sophisticated family offices. Rossi outlines his background across buy-side, sell-side, and corporate strategy, and explains Vestigo’s “Discovery” focus on under-covered, liquid small caps. They review macro signals including CEO economic confidence, copper, cyclicals vs defensives, put/call ratios, and credit spreads, noting strong markets amid consumer pessimism and potential complacency risks. Rossi details Vestigo’s V6 framework (industry structure, returns/cash flow, balance sheet optionality, management tenure, ownership, runway), systematic portfolio construction, and a hedging process tied to yield curve and sentiment, plus examples like Rambus and Sectra. 00:00 Welcome and Agenda 01:10 Gino Origin Story 03:42 Macro Signals and Tariffs 08:49 Complacency and Credit Risks 11:45 Why Active Management 13:04 V6 Stock Selection Framework 18:43 Portfolio System and Sizing 21:40 Performance and All Weather Design 24:01 Undiscovered Value Opportunities 26:57 Hedging Framework and Key Risks 29:30 Who Vestigo Is For 30:42 How to Learn More and Wrap Up

In this episode of Pizz-Spectives, Rob Pizzichetta sits down with Mont Wealth’s Investment Committee—featuring Jay Kumar and Vessela Tasker—to unpack one of the most uncertain macro environments in recent years. With escalating tensions in the Middle East, rising oil prices, and shifting expectations around interest rates, markets are being driven by geopolitics as much as fundamentals. The discussion explores two clear scenarios: a prolonged conflict that pressures inflation and growth, versus a shorter resolution that allows risk assets to recover—consistent with historical precedent. Drawing on decades of market data, the Committee reinforces a critical message for investors: panic selling during periods of extreme fear has consistently destroyed long-term returns. Instead, diversified portfolios—spanning equities, bonds, real assets, and alternatives—remain the most resilient approach through volatility. The conversation also dives into: The outlook for inflation, oil, and central bank policy (RBA vs Fed)Why stagflation is emerging as a base case for AustraliaThe role of private credit amid global stress signalsInfrastructure vs real estate in a higher-rate environmentPortfolio positioning during periods of extreme market fear While short-term volatility has impacted performance, Mont Wealth portfolios continue to demonstrate the strength of disciplined, multi-asset construction. As always, the key takeaway is clear: when fear is at its peak, opportunity is often closest.

In this episode of Pizz-Spectives, Mont Wealth founder Rob Pizzichetta sits down with Phil Cornet, Portfolio Manager of the Atlas Equity Income Fund, to discuss the evolving macroeconomic landscape and how investors can generate reliable income from Australian equities. Phil shares insights from over 25 years in financial markets, including his experience through the Lehman Brothers collapse, the tech bubble, and today’s environment shaped by AI hype, rising inflation and the rapid growth of private credit markets. The conversation explores why stock dispersion and volatility are rising, how the “buy the dip” mentality is shaping markets, and why income-focused strategies may provide greater stability for retirees and SMSF investors. Phil also explains the Atlas buy-write strategy, how the fund targets 8–10% income per year, and why the Australian share market remains one of the best markets globally for dividend and franking income. Topics covered include: • Macro similarities between today’s market and past bubbles • Risks building in private credit and shadow banking • Why stock dispersion is at record levels • How option strategies can enhance equity income • The outlook for Australian equities and dividend investing ⚠️ Disclaimer: This podcast contains general advice only and does not take into account your personal financial circumstances.

In this episode of Pizz-Spectives, Rob Pizzichetta, founder of Mont Wealth, explores one of the most important disciplines in investing — asset allocation and portfolio construction — through a lens every Australian understands: football team selection. Just like a premiership winning team, investment portfolios require the right balance of defence, midfield and attack. Too many forwards (growth assets) can create volatility. Too many defenders (cash and bonds) may limit returns. The key is selecting the right players for the conditions and constantly reviewing their form, role and contribution. Rob walks through the latest portfolio team sheet, reviewing how key asset classes have performed over the past six months and whether they deserve to keep their position or rotate. In this episode you’ll hear insights on: • Why gold, bonds and cash continue to anchor portfolio defence in volatile markets • The role of dividend income, value equities and infrastructure as the portfolio’s midfield engine • Whether global growth stocks and AI leaders need a rest after their strong run • Why small caps and emerging markets could be the next rising stars • The structural tailwinds supporting infrastructure and real assets • How professional asset allocation uses dynamic tilting and rebalancing to manage risk Rob explains how professional investors assess economic regimes, liquidity conditions and valuation signals to decide where portfolios should tilt next. For investors, advisers and anyone interested in markets, this episode provides a practical framework for thinking about portfolio construction, diversification and risk management in a constantly changing global economy. If you want to build a portfolio capable of performing in both economic headwinds and tailwinds, this episode will give you the playbook. asset allocation portfolio construction investment strategy financial adviser podcast wealth management financial planning Australia multi asset investing diversification strategy market outlook 2026 portfolio diversification global equities Australian equities bonds and fixed income gold investing infrastructure investing emerging markets investing small cap investing AI investing wealth management strategy financial literacy investing podcast Australia portfolio management economic outlook financial markets analysis Mont Wealth Pizz-Spectives

In this episode of Pizz-Spectives, Rob Pizzichetta (Founder of Mont Wealth) sits down with three leading property experts to unpack what’s really happening across Melbourne and the Mornington Peninsula: Jane Skinner – Sales Consultant & Auctioneer, Walshe and Whitelock (Brunswick & Inner North) [email protected] John Morello – Director & Chief Auctioneer, Jellis Craig (Inner North West Melbourne) [email protected] Adam Vocale – Director, Vocale Property Group (Mornington Peninsula) [email protected] Since our last discussion in August 2025, the landscape has shifted: The Reserve Bank of Australia surprised markets with a February rate hike. Melbourne listings are up nearly 10% year-on-year. Investors are exiting amid compliance pressures and land tax burdens. Proposed changes to the CGT discount (50% → 25%) are stirring debate. National prices rose 9.4% but Melbourne lagged at 5.4%. So what does it all mean? We unpack: The 70–80% dominance of owner-occupiers over investors Where yields actually stack up in Brunswick and Moonee Valley Why the Peninsula is in a “holding pattern” but may offer long-term value Whether CGT reform will genuinely impact prices (or just sentiment) Why a 10-year lens may reveal opportunity where others see risk From $800k townhouses in the inner north to $1.5m beach homes generating $140k in short-stay income, this episode explores the micro-drivers shaping Victoria’s property market in 2026. If you're a buyer, investor, upgrader or simply property curious this is essential listening. ** General Advice Only **

Rob Pizzichetta, founder of Mont Wealth, discusses how growing superannuation can help people in their 40s and 50s who feel squeezed by inflation, rising costs, and limited surplus cash flow. He outlines a changing post‑2020 economic landscape (higher inflation, higher rates for longer, slower growth, higher debt, reshoring, and more expensive energy) and argues asset allocation must evolve, describing Mont Wealth’s portfolio objectives, multi‑asset approach, and positioning across growth assets, real assets, alternatives, bonds, and floating rate credit. He then explains key super contribution rules and caps (concessional $30,000, non‑concessional $120,000, bring‑forward $360,000, carry‑forward for balances under $500,000, and downsizer contributions with conditions) and highlights the “misunderstood” benefit of super: indexation of the transfer balance cap and its impact on future tax‑free account‑based pension income. Using the $2.1m transfer balance cap (from July 2026) and a 5% income rule of thumb, he shows how indexation at 2.5%–3% over 20 years could increase the future tax‑free pension balance and potentially support about $150,000 per person (and $300,000 per couple) in tax‑free retirement income. He also notes indexation implications for the proposed $3m balance tax on unrealised gains, and concludes by encouraging maximising returns and contributions where possible, while reiterating the general advice disclaimer. 00:00 Welcome + What This Episode Covers: The Superannuation Growth ‘Misunderstood Benefit’ 00:13 General Advice Disclaimer + How to Get Help 00:37 The ‘Financial Treadmill’: Cost of Living, Inflation, and No Surplus Cash Flow 01:34 Changing Markets: Risk/Reward, AI Hype, and Volatility 02:24 From 1980–2020 Tailwinds to Today’s Inflation Regime (Higher for Longer) 04:47 How Mont Wealth Positions Portfolios: Multi-Asset, Inflation Protection, Bonds 06:43 Super Contribution Rules & Caps (Concessional, Non-Concessional, Carry-Forward, Downsizer) 08:15 The Key Concept: Transfer Balance Cap + Indexation = More Tax-Free Income 08:53 Worked Example: Inflation-Indexed Cap → $150k p.a. Tax-Free (and $300k as a Couple) 09:53 Extra Angle: $3m Tax Proposal, Realised Gains, and Why Bigger Balances Matter 11:47 Drawdown Scenarios: How Your Balance Can Hold Up (or Grow) in Retirement 12:26 Wrap-Up: Maximise Returns, Contributions, and Get Personal Advice

Why Australians Are Leaving Industry Super Funds In this episode of Pizz- Spectives, Rob Pizzichetta, founder of Mont Wealth, discusses the significant shift in Australian financial services as members leave large industry super funds for advice platforms, retail solutions, and SMSFs. Discover the underlying reasons for this migration, its scale, and the implications for retirement planning. Learn about the importance of personalized financial advice in managing larger balances and longer retirements, and why advice demand is surging as the superannuation system matures. Rob dives into the complexities of retirement risk management, income sustainability, and strategic asset allocation, making it clear that retirement planning is a different discipline compared to accumulation. 00:00 Introduction to the Shift in Australian Financial Services 01:12 The Scale of Movement in Super Funds 02:29 Demographic Changes and Their Impact 03:10 The Difference Between Accumulation and Retirement 04:57 The Growing Demand for Financial Advice 06:25 The Importance of Personalized Retirement Strategies 08:23 Conclusion: Preparing for a Secure Retirement

In this insightful episode of Pizz-Spectives, Rob Pizzichetta, founder of Mont Wealth, teams up with Anthony Doyle, Chief Investment Strategist at Pinnacle Investment, to delve into the evolving landscape of global investment and financial planning. With 24 years of experience across major financial centers, Anthony shares deep expertise on economic growth, inflation trends, government fiscal policies, and liquidity, offering valuable financial advice to help listeners align their wealth goals with the changing market environment. Together, they explore how emerging trends such as AI’s impact on inflation and the rise of global populism are reshaping investment strategies and asset allocation decisions for the next decade. This episode is essential for anyone seeking to navigate the complexities of wealth management and optimize their portfolio to meet long-term financial objectives in a rapidly shifting economic environment. 00:00 Introduction and Guest Welcome 00:22 Anthony Doyle's Career Journey 05:30 Global Economic Overview 12:51 Inflation and Monetary Policy 19:27 Government Spending and Fiscal Policy 31:51 Liquidity and Market Positioning 36:27 Investment Strategies and Asset Allocation 43:31 Conclusion and Final Thoughts

In this episode of Pizz-Spectives, Rob Pizzichetta, Founder of Mont Wealth, is joined by Reece Birtles, Head of Australian Equities at ClearBridge Investments, to unpack why Australian equities are entering a powerful opportunity set in 2026. The discussion revisits last year’s call on valuation dispersion between growth and value, reviews ClearBridge’s strong relative performance, and explores what has played out as expected—and what has surprised. Reece shares insights on earnings breadth, bank valuations, resource sector dynamics, and why active management is increasingly critical in a concentrated market. The conversation also covers dividend sustainability, AI’s real-economy impact, risks around geopolitics and policy, and where ClearBridge sees its highest-conviction opportunities for the next 12 months. This episode is essential viewing for investors seeking double-digit return potential through active Australian equity management. General advice only. Seek personal financial advice before acting. https://www.clearbridgeinvestments.com.au/investment-strategies/australian-equity-strategies/australian-equity-income/australian-equity-income-strategy/

In this episode of the Pizz-Spectives Podcast, host Rob Pizzichetta, founder of Mont Wealth, is joined by the investment committee members Jay Kumar from Foresight Analytics and Vessela Tasker from Greenwood and Co. The discussion covers an extensive review of Mont Wealth's portfolio performances, which have surpassed objectives over the last year. They delve into the anticipated economic and market conditions for 2026, discussing everything from interest rate cuts by the Fed to geopolitical risks and the global financial environment. The episode explores the potential impacts of AI on the markets, emerging market growth, and strategic asset allocation. The committee also highlights the importance of active management in light of the coming year’s economic divergence, and their plans to navigate the complexities of global investment landscapes. Don’t miss the insightful analysis and future outlooks on strategic asset management. 00:00 Introduction and Disclaimers 00:46 Performance Summary and Market Overview 01:54 Global Economic Insights 05:58 Investment Strategies and Portfolio Positioning 15:27 Key Risks and Future Outlook 17:11 Closing Remarks and Thank Yous

In this episode of Pizz-Spectives, Rob Pizzichetta, founder of Mont Wealth, chats with Phil Strano, Head of Credit Research and Portfolio Manager at Yarra Capital. They discuss market outlooks for 2026, Yarra Capital's fixed income strategies, and general investment advice. Key topics include growth resumption, interest rate predictions, the impact of AI and technological investment on markets, and credit allocation strategies. Phil emphasizes the importance of forward-looking investment and managing risk appropriately. Don't miss this in-depth discussion on navigating the economic landscape and the nuanced strategies behind Yarra Capital's higher income fund. 00:00 Introduction and Welcome 00:56 General Advice Disclaimer 01:09 Overview of Yarra Capital and Fixed Income Team 02:10 Macro Economic Outlook 02:52 Monetary Policy and Interest Rates 04:02 Impact of Global Markets on Australia 06:35 Investment Strategies and AI 08:36 Credit Ratings and Risk Management 10:34 Current Investment Opportunities 16:51 Concerns and Risks in the Market 19:26 Fund Performance and Volatility 21:01 Conclusion and Wrap-Up 21:19 Legal Disclaimers and Notices 00:00 Market Insights with Phil Strano: 2026 Economic Outlook and Fixed Income Strategies

Northcape’s #1 Place To Invest In Emerging Markets And The Process Behind It In this episode of Pizz-Spectives, host Rob Pizzichetta, founder of Mont Wealth, delves deep into the realm of emerging markets with Patrick Russell, Portfolio Manager at Northcape Capital. They discuss Northcape's history, investment philosophy, and the allure of emerging markets. Patrick shares his personal journey and passion for emerging markets, the importance of sovereign risk assessment, and the criteria for selecting top companies. The conversation also covers current market dynamics, industry consolidations, and tailwinds for the future. If you’re interested in understanding emerging markets through the lens of seasoned experts, this episode is a must-watch! 00:00 Introduction and General Advice Disclaimer 00:35 Northcape Capital: Background and Philosophy 02:09 Patrick Russell's Journey into Emerging Markets 05:07 Understanding Emerging Markets and Sovereign Risk 08:40 Investment Strategies and Valuation in Emerging Markets 17:21 Industry Consolidation and Market Opportunities 29:13 Preferred Sovereigns and Future Outlook 34:30 Conclusion and Final Thoughts

Join Rob Pizzichetta, founder of Mont Wealth, in this edition of Pizz-Spectives as he discusses the Australian small cap market with Phillip Hudak, co-portfolio manager at Maple Brown Abbott. They touch on economic cycles, global influences, market trends, and the evolving landscape of small cap investments. Key topics include the impacts of interest rate changes, geopolitical shifts, and fiscal dynamics on small caps, as well as strategies for finding growth opportunities in this sector. Learn about Maple Brown Abbott's investment philosophy and their optimistic outlook for the future of Australian small caps. 00:00 Introduction and Disclaimer 00:44 Current Economic and Financial Cycle 01:22 Impact of Global Changes on Markets 04:32 Australian Small Caps Performance 09:40 Investment Strategies and Opportunities 14:48 Outlook for Small Caps and Fund Strategy 27:59 Conclusion and Contact Information Rob Pizzichetta | BBus MFinPlan Founder | Chair Investment Committee | Wealth Advisor Mobile: 0419 514 278 Email: [email protected] Authorised Representative: 1267301 Mont Wealth Advisors Pty Ltd Address: Level 22, 8 Exhibition Street, Melbourne 3001 Website: www.montwealth.com.au

In this episode of Pizz-Spectives, Rob Pizzichetta, founder of Mont Wealth, engages in a comprehensive conversation with Mario Giannini, Executive Co-Chairman of Hamilton Lane. They explore the evolution of private equity and private markets, with insights about the shift from why to how much in private equity investing, the transformation from high-leverage buyouts to growth-centric strategies, and the implications of staying private for longer. Mario shares his perspective on evergreen vs. closed-end funds, the dynamics of AI and its valuation, and the current state of private credit. Essential viewing for anyone interested in the intricate workings and future trends of private markets. 00:00 Introduction and Guest Welcome 00:53 Mario Giannini's Journey to Hamilton Lane 02:09 Evolution of Private Equity 04:00 Private vs Public Markets 08:57 Hamilton Lane's Competitive Edge 10:45 Understanding Secondaries in Private Equity 12:32 Private Equity in Australia 15:34 Evergreen vs Closed-End Funds 18:22 Liquidity in Evergreen Funds 19:26 Explaining Evergreen Funds to Investors 20:05 Institutional Comfort with Private Equity 20:40 Current Market Pricing and AI Investments 26:09 Portfolio Construction and AI Exposure 29:51 Private Credit vs. Banks 33:55 Concerns in AI and Market Speculations 35:00 Personal Interests and Closing Remarks https://www.hamiltonlane.com/en-us Rob Pizzichetta | BBus MFinPlan Founder | Chair Investment Committee | Wealth Advisor Mobile: 0419 514 278 Email: [email protected] Authorised Representative: 1267301 Mont Wealth Advisors Pty Ltd Address: Level 22, 8 Exhibition Street, Melbourne 3001 Website: www.montwealth.com.au ABN 84 640 452 115 | AFSL 534358

Join Rob Pizzichetta, founder of Mont Wealth, as he delves into how artificial intelligence and digital money, particularly stablecoins, are rapidly transforming commerce across Asia and Australia. Discover key insights from Stripe's Future of Commerce conference, the impact of AI on business operations, and how stablecoins are revolutionizing global payments. Explore the rise of embedded finance, vertical SaaS platforms, and the shifting financial landscape that is set to redefine competitiveness and opportunity in the next decade. Whether you're an investor, a business owner, or just curious about the future, this episode provides a comprehensive overview of the evolving digital economy. Don't miss out—watch now and stay ahead of the curve! 00:00 Introduction to the Future of Commerce 00:41 Global Growth and Asia's Innovation Edge 01:30 Australia's Digital Economy and Stripe's Impact 02:06 AI Revolutionizing Finance 03:39 The Rise of Stable Coins 04:57 Fintechs and Embedded Finance 06:42 Modern Treasury Management 08:09 AI and Smart Checkout Systems 09:12 Conclusion: The New Financial Internet **General Advice Only**

In this Pizz-Spectives episode, Rob speaks with Jamie Hannah (VanEck) about the journey from traditional assets to digital assets—what changed since 2017–2019, why regulation and institutional talent matter, and how Bitcoin (and VBTC) can function as a diversifier within an alternatives sleeve. We cover blockchain mechanics, custody (cold storage), fees vs buying direct, stablecoins/tokenisation, and a realistic take on risks, volatility and portfolio sizing (think ~1%). Plus: when does crypto become truly mainstream? General Advice Only. This is not personal advice. Always consider your objectives and read the PDS/IM. Guest: Jamie Hannah, VanEck | Learn more: vaneck.com.au

(General advice disclaimer: This is general in nature and does not consider your personal circumstances. Please seek professional advice before acting on any information.) Join Rob Pizzichetta, founder of Mont Wealth, in this edition of Pizz-Spectives as he delves into the key takeaways from the October investment committee meeting. Discover detailed discussions on the latest performances of various portfolios, the evolving landscape of global and US labor markets, and the implications of recent trends in gold and bond markets. Rob also explores potential future scenarios for the economy, driven by AI growth, inflation trajectories, and geopolitical risks. Remember, all advice is general in nature. Subscribe for more insights and updates. 00:00 Introduction and Overview 00:58 September Performance Review 02:52 Global Market Trends and Scenarios 05:03 RBA and Federal Reserve Insights 10:11 US Labor Market Analysis 11:08 AI and Its Economic Impact 12:09 Trade Tensions and Fiscal Policies 13:23 Portfolio Positioning and Strategy 17:25 Conclusion and Future Outlook https://www.yieldreport.com.au/ 📩 For tailored financial advice, contact Mont Wealth Advisors — details below. (General advice disclaimer: This is general in nature and does not consider your personal circumstances. Please seek professional advice before acting on any information.) Rob Pizzichetta | BBus MFinPlan Founder | Chair Investment Committee | Wealth Advisor Email:    [email protected] Authorised Representative: 1267301 Mont Wealth Advisors Pty Ltd  Address: Level 22, 8 Exhibition Street, Melbourne 3001 Website:  www.montwealth.com.au

📍 Welcome to another edition of Pizz-Spectives! I’m Rob Pizzichetta, founder of Mont Wealth Advisors, and today we’re diving deep into the revised $3 million superannuation tax and why — despite all the noise — super remains the most powerful wealth-building and tax-effective retirement structure in Australia. We’ll break down: ✅ The new $3 million and $10 million tax tiers — and what’s changed. ✅ How indexation protects your wealth from bracket creep. ✅ How a couple can build $6 million in total super and enjoy $300,000 of tax-free annual income in retirement. ✅ Why smart structuring and consistent contributions are key to financial freedom. 📈 Watch on YouTube for charts and scenarios: https://youtube.com/@montwealthadvisors8033?si=e80ZNwJSNZe7fxFp 📩 For tailored financial advice, contact Mont Wealth Advisors — details below. (General advice disclaimer: This is general in nature and does not consider your personal circumstances. Please seek professional advice before acting on any information.) Rob Pizzichetta | BBus MFinPlan Founder | Chair Investment Committee | Wealth Advisor Email:    [email protected] Authorised Representative: 1267301 Mont Wealth Advisors Pty Ltd  Address: Level 22, 8 Exhibition Street, Melbourne 3001 Website:  www.montwealth.com.au

Welcome to another edition of Pizz-Spectives, hosted by Rob Pizzichetta, founder of Mont Wealth. In this episode, we dive deep into the topic of income in retirement. Rob is joined by Wilson O'Fee, Senior Business Development Manager at Challenger, to discuss strategies for retirees to support their income needs. The discussion covers superannuation, the aging population, and the evolving landscape of retirement income. Wilson provides insights into the importance of lifetime income streams, structural changes, and the need for balanced retirement portfolios. Real-life case studies and examples are shared to illustrate how Challenger's lifetime annuity products can complement other retirement income sources, ensuring financial stability and long-term security for retirees. Tune in to learn more about how to effectively plan and prepare for a comfortable retirement. 00:00 Introduction to Pizz-Spectives 00:23 Guest Introduction and General Advice Disclaimer 00:49 Market Overview and Retirement Income Landscape 01:34 Changes in Retirement Income Strategies 03:00 Structural Shifts and Government Focus 07:59 Understanding Lifetime Income Streams 09:45 Risks in Retirement 12:29 Retiree Priorities and Research Insights 14:21 Portfolio Structuring and Case Studies 22:22 Summary and Additional Resources challenger.com.au

Join Rob Pizzichetta, founder of Mont Wealth, in this edition of Pizz-Spectives as he breaks down how financial advisors can help achieve a 42% higher balance over a decade for those seeking advice. Drawing insights from the Australian Financial Advice Landscape 2025, Rob covers the structure of the advisor market, demographic shifts, consumer priorities, and the critical value that advisors add to client performance and satisfaction. Key points include the growth in demand for advisor services, intergenerational wealth transfer, and the impact of strategic asset allocation. Gain a comprehensive understanding of why receiving professional financial advice is crucial, especially as the population ages. 00:00 Introduction to Pizz-Spectives 00:03 The Importance of Financial Advice 00:57 Overview of the Australian Financial Advice Market 01:25 Demographics and Financial Advice 02:45 Consumer Priorities and Wealth Transfer 03:38 Investment Trends and Asset Allocation 05:31 Growing Demand for Financial Advisors 08:01 Advisor Strategies for Better Returns 09:16 The Value of Financial Advice 10:38 Conclusion and Final Thoughts https://www.adviserratings.com.au/news/2025-australian-financial-advice-landscape-report/

In this edition of Pizz-Spectives, Rob Pizzichetta, founder of Mont Wealth, demystifies superannuation and provides invaluable insights on becoming confident and strategic with your retirement savings. Rob covers essential topics including different super vehicles (retail industry and SMSFs), tax advantages, contribution rules, and smart transition-to-retirement tactics. Learn about myths, important facts, and the rules that can help you make the most of your super. Remember, this is general information, and it’s crucial to seek personal financial advice. Tune in to elevate your understanding of superannuation and plan your retirement effectively! 00:00 Introduction to Superannuation 00:46 Understanding Superannuation Basics 01:19 Debunking Superannuation Myths 02:26 Choosing the Right Superannuation Vehicle 04:49 Contribution Rules and Strategies 08:22 Transition to Retirement Strategies 11:05 Life Stage Superannuation Strategies 16:44 Conclusion and Final Advice

Join Rob Pizzichetta, founder of Mont Wealth, as he sits down with Ben Grabiner, co-founder and partner of Side Stage Ventures, to discuss the world of early-stage venture capital. In this episode, Ben shares his journey from the UK to Australia, his experiences in venture capital, and the founding of Side Stage Ventures. They discuss the differences between venture capital and traditional investments, the unique venture capital landscape in Australia, and the traits they look for in founders. Ben also shares success stories and offers insights into the support Side Stage Ventures provides to the startups they back. Tune in to gain valuable perspectives on early-stage investing and the potential of the Australian tech ecosystem. 00:00 Introduction and Disclaimer 00:30 Ben Grabiner's Background and Side Stage Ventures 02:20 Understanding Venture Capital 04:09 Investment Stages and Strategies 05:22 Traits of Successful Founders 06:46 The Australian VC Market 10:26 Success Stories and Portfolio Highlights 14:18 Supporting Founders and Investors 17:04 Conclusion and Contact Information https://www.sidestage.vc/ linkedin.com/in/bengrabiner

In this episode of Pizz-Spectives, Rob Pizzichetta, founder of Mont Wealth, explores the dynamics of balancing aggressive and conservative investment strategies based on market cycles. The video dissects market conditions, historical patterns, and predicts the potential impact of future interest rate cuts by central banks on various asset classes. Rob emphasizes the importance of diversified portfolios, particularly the 60/40 investment strategy, during periods of market volatility and negative equity risk premium. The discussion includes a comprehensive analysis of past economic periods, current market evaluations and how to position portfolios for optimal performance in the coming financial climate. 00:00 Introduction and Disclaimer 00:33 Current Market Overview 00:55 Interest Rates and Market Cycles 02:22 Equity Valuations and Risk Premium 05:18 Historical Market Inversions 15:45 Portfolio Strategies and Recommendations 20:08 Conclusion and Contact Information www.montwealth.com.au

In this episode of Pizz-Spectives, Rob Pizzichetta (Founder, Mont Wealth) sits down with Jolon Knight, Portfolio Manager at Hyperion Asset Management, to unpack one of the most important themes shaping markets today — artificial intelligence (AI) and the global growth opportunity. Hyperion has built a reputation for finding the world’s elite businesses — the top 1% of companies able to sustain strong returns and earnings growth through cycles. In this conversation, Jolon explains: ✅ Why AI is not another dot-com bubble, but backed by real earnings and adoption. ✅ How Hyperion is positioning around Microsoft, Nvidia, ARM, Palantir, Tesla, Spotify and more. ✅ The investment case for AI across the entire value stack — from chipmakers to cloud to edge devices. ✅ Why portfolio earnings growth remains above 20% per annum, with optional upside from AI. ✅ Key risks investors should watch, and how Hyperion uses volatility to refresh the portfolio. Whether you’re an investor curious about AI, or looking for insight into Hyperion’s long-term philosophy, this discussion provides a clear view into the future of growth investing. 📌 General advice disclaimer: The content in this episode is general in nature and does not take into account your personal circumstances. Please seek advice before acting on any investment decisions.

Join Rob Pizzichetta, founder of Mont Wealth, in this edition of Pizz-Spectives as the investment committee discusses current market trends and insights. Strategist Shane Lee provides analysis on potential cracks in the global economy, implications of the Australian reporting season, and a summary of US economic conditions. The conversation explores the impact of money supply on risk assets, the role of central banks, and asset allocation strategies amidst economic uncertainties. Key topics include earnings growth predictions, market resilience, and the economic outlook for China and emerging markets. Remember, all advice provided is general and consult a financial advisor before acting on any information discussed. 00:00 Introduction to Pizz-Spectives 00:55 Global Economic Cracks: Are They Showing? 01:52 Inflation and Central Bank Policies 03:35 US and Australian Market Insights 08:28 Impact of Interest Rates on Markets 10:01 Money Supply and Risk Assets 16:35 China's Economic Outlook 19:25 India and Emerging Markets 20:47 Conclusion and Final Thoughts

In this episode of Pizz-Spectives, Rob Pizzichetta from Mont Wealth is joined by real estate professionals Jane Skinner, Adam Vocale, and John Morello to discuss the current trends and insights within the property market. Jane shares her experiences in Sydney Road, Brunswick's competitive real estate landscape, including the impact of the Vic Home Buying Scheme on first home buyers. Adam provides an in-depth look at demand patterns in the Mornington Peninsula, especially among transitional buyers and first home owners, while John discusses the nuances of the northwest Melbourne market, focusing on properties in North Melbourne, West Melbourne, Kensington, Essendon, and surrounding areas. The conversation covers important topics like market demand, property pricing, investment trends, and the challenges posed by land tax and maintenance costs for landlords. Tune in to get valuable tips and stay updated on the real estate market dynamics! 00:00 Introduction and General Advice Disclaimer 00:12 Jane Skinner's Market Insights 05:07 Adam Vocale on Mornington Peninsula Market 07:19 John Morello on Northwest Melbourne Market 24:09 Landlord Challenges and Market Trends 28:56 Conclusion and Contact Information John Morello — Director & Auctioneer, Jellis Craig (Inner North/Inner NW) P: 9379 2000 | M: 0412 088 757 [email protected] Adam Vocale — Partner & Licensed Estate Agent, Jellis Craig Sorrento & Rye (Southern Peninsula) P: 5984 0999 | M: 0418 113 070 [email protected] Jane Skinner — Sales & Auctioneer, Licensed Estate Agent, Walshe & Whitelock (Brunswick/Coburg/Pascoe Vale) M: 0438 530 080 | T: 9384 1400 [email protected] walshewhitelock.com.au

Welcome to Pizz-Spectives | Managed Accounts Explained + Exciting Award News! In this episode of Pizz-Spectives, Rob Pizzichetta, Founder of Mont Wealth, shares some exciting news—Mont Wealth has been named a finalist for the 2025 IMAP Boutique Licensee of the Year! 🎉 But what exactly is a managed account—and how can it benefit both investors and financial advisers? In this deep-dive video, Rob explains: ✅ What a managed account is ✅ How it differs from traditional managed funds ✅ The structure and players involved (Investor, Adviser, Portfolio Manager, Platform Provider) ✅ Key benefits like transparency, tax efficiency, and real-time execution ✅ Mont Wealth’s Strategic Growth and Income portfolios ✅ How managed accounts support personalised, goals-based investing ✅ Adviser advantages including efficiency, fairness, and scalability 🔎 Learn how Mont Wealth’s wholesale MDA on the HUB24 platform combines institutional-grade discipline with personalised advice. We also walk through how Mont Wealth’s investment philosophy—backed by research from Greenwood & Co. and Foresight Analytics—delivers risk-adjusted returns across cycles. 🎯 Whether you're an accumulator seeking long-term growth or a retiree seeking stable income, this video will help you understand how managed accounts can be tailored to meet your financial goals. 👇 Want to know more or explore how managed accounts fit into your financial strategy? 📧 Contact Rob directly: [email protected] 🌐 Visit: www.montwealth.com.au 🔔 Don't forget to like, subscribe, and turn on notifications for more insights on strategic investing, portfolio construction, and economic outlooks from the Mont Wealth team. 🎉 Wish us luck at the awards on August 21st—and thank you for your ongoing support! #MontWealth #ManagedAccounts #InvestmentStrategy #FinancialPlanning #PizzSpectives #BoutiqueLicensee #IMAP #StrategicGrowth #RetirementIncome #WealthManagement #Transparency #Hub24 #IFAExcellenceAwards

Pizz-Spectives: Mont Wealth Investment Strategy & Performance Review FY 2025 **GENERAL ADVICE ONLY** In this episode of Pizz-Spectives, Rob Pizzichetta, founder of Mont Wealth, reviews the FY25 performance of Mont Wealth Managed Accounts and discusses the outlook for various asset classes. He highlights the performance of the multi-asset strategic growth and income portfolios, the role of the investment committee, and the five-step investment process. Rob also examines macroeconomic trends, the impact of inflation, and future drivers of growth, including AI and infrastructure. Additionally, the episode covers the IMF's projections for global GDP, asset allocation strategies, and the importance of active management in achieving stable and optimal returns. 00:00 Introduction to Pizz-Spectives 00:14 FY 25 Performance Overview 01:01 Investment Committee Insights 01:31 Five-Step Investment Process 03:26 Historical Market Trends and Future Outlook 06:57 Mont Wealth FY 25 Performance Comparison 11:54 Asset Allocation Strategy 22:41 Superannuation Updates and Final Thoughts