Unlocking Your Financial Future

Markets can look calm on the surface while powerful forces build underneath. In this episode, Ben and Keith step back from the day-to-day noise and examine the bigger structural trends shaping the investment landscape. They dig into how professional forecasters are positioning for the year ahead, what scenarios could surprise investors, and why disciplined strategy matters more than reacting to headlines. Here’s some of what we discuss in this episode: 📈 Earnings Power: Profits justify elevated valuations 💵 Consumer Strength: Spending still driving growth 🤖 AI Disruption: Productivity up, jobs pressured 🌍 Trade Noise: Tariffs loud, impact limited 🔌 Energy Demand: Data centers fueling growth 💻 Digital Currency: Asset class, not currency   For more, visit us online: https://baschrock-fg.com/

The AI boom has driven headlines, soaring valuations, and a lot of excitement in the markets, but what might be getting overlooked along the way? In Part 2 of this conversation, Ben and CIO Keith Lockwood step back to discuss how debt, market structure, and investor behavior can quietly shape risk during fast-moving trends. Want to make more informed decisions in an AI-driven market? Tune in to hear what others may be missing. Here’s some of what we discuss in this episode: 🤖 AI Valuations: rapid growth pushing market expectations 💳 Debt Risk: borrowing fueling AI expansion 📉 Hidden Debt: off-balance-sheet exposure increasing volatility 🧭 Portfolio Positioning: managing risk through diversification 📊 Future Trends?: There may be regulation and market shifts ahead   For more, visit us online: https://baschrock-fg.com/

In this episode, Ben and Chief Investment Officer Keith Lockwood break down the major forces shaping today’s financial markets, from the rise of AI and big tech to the evolving role of the Federal Reserve. They explore how these trends are impacting investors, jobs, and economic outlooks as we approach 2026. Don’t miss this episode if you want to stay ahead of the curve and make smarter financial decisions in a rapidly changing landscape.   Here’s some of what we discuss in this episode: 📊 Market Bifurcation: why headline performance hides what’s happening underneath 📉 Yield Curve & The Fed: what inversion means—and what it doesn’t 🤖 AI & Employment: how automation is reshaping the job market 🎯 The Fed’s Mandate: inflation, employment, and their current dilemma 📈 Rate Expectations: what rate cuts (or no cuts) could mean for markets   For more, visit us online: https://baschrock-fg.com/

In this episode, we dive back into the world of Ashland University basketball with Coach John Ellenwood and standout forward Maceo Williams. They share how college athletics has evolved and the challenges of recruiting and retaining talent. It’s a candid look at leadership, discipline, and teamwork beyond the scoreboard. Tune in for powerful insights on how coaches and players adapt in an ever-changing college sports landscape.   Here’s some of what we discuss in this episode: 🏅 Career Highlights: standout stats and leadership moments 🤝 Recruiting Challenges: finding the right cultural fit 🔁 Player Retention: building loyalty through connection 🎯 Team Goals: shared purpose for the season ahead ⚖️ College Basketball Today: balancing competition and character   Learn more about the Ashland University Eagles: https://goashlandeagles.com/sports/mens-basketball    For more, visit us online: https://baschrock-fg.com/

In the first part of this two-part conversation, we get to know Ashland University Eagles Forward Maceo Williams and Head Men’s Basketball Coach John Ellenwood: their backgrounds, goals for the upcoming season, and what makes the Ashland experience so special. You’ll hear candid reflections on balancing academics and basketball, the impact of strong mentorship, and the determination it takes to thrive both on and off the court.   Here’s some of what we discuss in this episode: 🏀 Maceo’s Journey: How Maceo became one of Ashland’s top athletes 👀 Coach’s Perspective: What Coach Ellenwood looks for in a player beyond stats and highlights 🕒 Life of a Student-Athlete: Balancing classes, practices, film study, and personal life 🤝 Asking for Help: The underrated skill that leads to success on and off the court 🔥 Motivation: Lessons in discipline, leadership, and lifelong teamwork   Learn more about the Ashland University Eagles: https://goashlandeagles.com/sports/mens-basketball     For more, visit us online: https://baschrock-fg.com/

Wadsworth, Ohio, is soaring thanks to a unique partnership between aviation enthusiasts and community leaders. In this episode, Ben is joined by Mike Bowser, a retired USAF pilot and President of Inspire Aviation, and Tom Strong, organizer of Balloons Over Wadsworth. Together, they share how two grassroots efforts have evolved into major community events that fuel economic growth, inspire the next generation of aviators, and bring thousands of people together every year.   Here’s some of what we discuss in this episode: 💵 Economic Impact: how local aviation events are driving growth in Wadsworth 🎓 STEM Outreach: inspiring young minds through hands-on aviation programs ⚙️ Aviation Challenges: workforce shortages and opportunities for skilled trades 🚀 Future Vision: expansion plans, partnerships, and continued community engagement 🙌 Get Involved: volunteering, sponsorships, and ways to support aviation education   Resources for this episode: Learn more about Inspire Aviation: https://www.inspireaviation.org/ Learn more about Balloons Over Wadsworth: https://www.balloonsoverwadsworth.com/   For more, visit us online: https://baschrock-fg.com/

The “One Big Beautiful Bill” may be a mouthful, but it brings major changes for retirees. In this follow-up episode, Ben and Kaitlin dive deeper into how the new tax law impacts retirement planning strategies. They discuss expanded standard deductions for those over 65, the long-term effects on required minimum distributions (RMDs), and how Roth conversions can help manage future taxes.   Here’s some of what we discuss in this episode: 📊 Updates to tax brackets and standard deductions 🕰️ Why today’s tax moves affect future RMDs 🔄 Roth conversion opportunities under OBBB ⚖️ Key considerations like SALT deductions and legislative changes 💡 Why a personalized plan is important for long-term retirement success   For more, visit us online: https://baschrock-fg.com/

The recently passed One Big Beautiful Bill (OBBB) is already reshaping the retirement planning landscape, and it’s left many pre-retirees and retirees wondering what it truly means for them. In this episode, Ben and Kaitlin break down the most talked-about provisions, like changes to tax brackets, the permanence of the standard deduction, and how “tax-free Social Security” headlines don’t always tell the whole story. Here’s some of what we discuss in this episode: ⚖️ Tax brackets remain unchanged for now 🏡 Standard deduction increases offer big relief, but only for some ⏳ Extra deductions for those over 65 will phase out after 2028 📰 Headlines can be misleading, so focus on your own personalized strategy 🔄 “Permanent” tax changes may still shift with future elections For more, visit us online: https://baschrock-fg.com/

Retirement isn’t about hitting a magic number- it’s about building a fulfilling next chapter and creating a life you truly enjoy. In this episode, Ben and Kaitlin share the common themes they’ve noticed among people who thrive after leaving the workforce. From disciplined budgeting habits to seeking guidance on taxes and distributions, they unpack what really drives a fulfilling retirement and why it looks different for everyone. Here’s some of what we discuss in this episode: 💰 Budget discipline translates into retirement success 🏖️ Having a post-retirement game plan eases the transition 👥 Retirement impacts social circles and identity 📊 Planning cash flow and taxes avoids future pitfalls 🗺️ Common themes of retirees who retired successfully  For more, visit us online: https://baschrock-fg.com/

Starting to save and invest can seem complicated, especially with so many options and opinions out there. In this episode, Ben and Kaitlin cut through the noise and lay out a practical order of steps that will put your money to work right away. They’ll walk you through building an emergency fund that truly fits your lifestyle, explain the pros and cons of IRAs, Roth IRAs, and brokerage accounts, and show how each choice can set you up for lasting financial momentum. Here’s some of what we discuss in this episode: 🛟 Building an emergency fund that fits your lifestyle 💼 Using your employer’s 401(k) match as a savings accelerator 📈 Why brokerage accounts can offer more flexibility than IRAs or Roths 🎓 How new 529 plan rules can also boost your child’s retirement ⚖️ Balancing debt payoff with growing your savings For more, visit us online: https://baschrock-fg.com/

What’s the one mistake that can quietly drain your retirement savings year after year? In this episode, Ben and Kaitlin tackle one of the biggest pitfalls retirees face: mismanaging their spending. Ben reveals the real threats to retirement income, and it’s not just inflation. It’s unrealistic budgets, healthcare curveballs, and those spontaneous purchases. Here’s some of what we discuss in this episode: 💸 Why overspending early can ruin your retirement plan 🧾 The difference between realistic and wishful budgeting 🏥 Health insurance traps when you retire before Medicare 📉 What happens when you sell investments in a down market 🏠 How to plan for home projects without derailing your future   For more, visit us online: https://baschrock-fg.com/

BA Schrock Financial Group is turning 13 in August, and this episode is all about looking back- and looking ahead. From humble beginnings in a basement to building a firm known for personalized, relationship-driven planning, Ben and Kaitlin reflect on the journey that got them here. They share the lessons learned, the challenges overcome, and what it really takes to grow a successful advisory business in a competitive and ever-changing industry.   Here’s some of what we discuss in this episode: 💡 Ben’s advice to aspiring advisors 📚 Why success in finance requires lifelong learning 🤝 The power of a people-first approach 💼 The shift in the industry toward fee-based and fee-only models 💬 Why referrals are the ultimate compliment   For more, visit us online: https://baschrock-fg.com/

In this episode, Kaitlin and Ben talk about an exciting milestone moment for their firm: being named one of AdvisorHub’s 2025 RIAs to Watch! Ranked #231, BA Schrock Financial Group joins a distinguished group of firms recognized not just for growth, but for balancing scalability, service, and professionalism. Tune in as they reflect on what this honor means, look back on the firm’s humble beginnings, and, most importantly, express their gratitude to the incredible clients and team who made it all possible.   Here’s some of what we discuss in this episode: 📈 How firms are selected for AdvisorHub’s RIA rankings 🏡 How our small-town team earned this recognition 💬 Why we put service and relationships ahead of growth 🤝 BA Schrock’s journey since 2012   Resources for this episode: See the full list of AdvisorHub’s advisors to watch: https://www.advisorhub.com/advisors-to-watch-ria-2025/   For more, visit us online: https://baschrock-fg.com/

Opening a restaurant is a dream for many, but few realize the relentless risk, sacrifice, and strategy it demands. Chef Anthony Scolaro has done it not once, but twice. In part two, Anthony returns to share the raw truths of restaurant ownership, from managing razor-thin margins to making decisions that impact not only your bottom line but your team’s livelihood. This episode dives into the real math behind running a successful restaurant: capital investment, shifting supply costs, labor challenges, and adapting to sudden economic turns like tariffs and inflation.   Here’s some of what we discuss in this episode: 🛠️ How Chef Anthony found funding without the SBA 🧠 The emotional cost of small business ownership 🔁 Adapting fast when the market flips overnight 💬 The pressure of leading a team when times get tough   Check out Chef Anthony Scolaro’s two restaurants: https://thevuewads.com/ https://111bistro.com/   Connect with Chef Scolaro: https://www.instagram.com/chef_scolaro/   For more, visit us online: https://baschrock-fg.com/

From dishwashing at 13 to owning two acclaimed restaurants, Chef Anthony Scolaro has built a culinary career rooted in passion, hustle, and heart. In this episode, Ben sits down with Anthony to explore his journey from the family kitchen to founding 111 Bistro and Vue in Wadsworth. Part one of a two-part discussion is focused more on the man in kitchen. We discuss what it takes to thrive in the restaurant business, how leadership and humility go hand-in-hand, and why creating unforgettable food experiences is about more than just what’s on the plate. Here’s some of what we discuss in this episode: 👨‍🍳 From dishwasher to restaurant owner: Anthony’s path to culinary success 🪑 Why naming a restaurant might be the hardest part 🔁 Balancing creativity, business, and leadership in two kitchens 🍽️ How food events serve as edible business cards 🏡 Where Anthony finds peace away from the heat of the kitchen   Check out Chef Anthony Scolaro’s two restaurants: https://thevuewads.com/ https://111bistro.com/   Connect with Chef Scolaro: https://www.instagram.com/chef_scolaro/   For more, visit us online: https://baschrock-fg.com/

Welcome back to Unlocking Your Financial Future! In this episode, Ben is joined by his wife, Kaitlin, who oversees operations at B.A. Schrock Financial Group. They’re excited to share some great new tech updates for 2025 that will make managing your finances with us easier and more intuitive. Tune in to hear all about how you can access your account information through our website, plus the launch of the new B.A. Schrock Financial Group app! We’ll also dive into some of the additional educational resources available on our site, including market update webinars, blog posts, white papers, and more. Here’s some of what we discuss in this episode: Accessing your account information through our website The launch of the B.A. Schrock Financial Group app An upcoming video tutorial on how to use our client portal The numerous resources available on our website Resources for this episode: Download the B.A. Schrock App https://baschrock-fg.com/app/ For more, visit us online: https://baschrock-fg.com/

The recent passage of the Social Security Fairness Act has sparked significant discussions among public employees, especially in states like Ohio. In our latest podcast episode, Ben is joined by Dan Oaklief, ChFC®, RICP®, CFP® and Colleen LeMasters, CFP®, ChFC®, BFA™ to dive into the implications of this new law and what it means for those relying on public pensions. Here’s some of what we discuss in this episode: What types of workers/former workers are impacted? How does the law impact the future of Social Security. Impacts on individual planning. For more, visit us online: https://baschrock-fg.com/

In today’s digital age, cyber threats are constantly changing. That’s why it’s more important than ever to stay informed and prepared. We’re thrilled to welcome back cybersecurity expert Ben Zelei from SBT and Palitto Consulting Services, Inc to share insights on the latest scam techniques you need to watch out for. Here’s some of what we discuss in this episode: Ben’s background in cybersecurity and the military Different kinds of phishing, pig butchering, and Ai attacks to be aware of Some educational resources for scam awareness Updating to Windows 11 in October 2025 Resources for this episode: Check out our previous episode with Ben https://unlocking.podbean.com/e/ep-92-cyber-security-and-protecting-yourself-against-cyber-criminals-%e2%80%93-part-2/ Scammer Payback YouTube channel https://www.youtube.com/@ScammerPayback   For more, visit us online: https://baschrock-fg.com/

As we approach the end of the year, it’s the perfect time to talk about some year-end planning strategies. In this two-part episode, Ben and Dan will cover what you need to know and think about before we head into the new year. Last episode, we focused on updates regarding Social Security, and today, we’ll shift our focus to year-end planning from a tax perspective. With significant changes in tax laws on the horizon for 2025, it’s more important than ever to be proactive and plan ahead.  Here’s some of what we discuss in this episode: Why 2025 is an important year for tax planning How the upcoming election could impact tax laws Considering Roth conversions + year-end contributions to employer-sponsored plans The benefits of HSAs for early retirees + determining the right time to take RMDs The importance of tax loss harvesting at the end of the year   For more, visit us online: https://baschrock-fg.com/

As we approach the end of the year, it’s the perfect time to talk about some year-end planning strategies. In this two-part episode, Ben and Dan will cover what you need to know and think about before we head into the new year. Listen in as they discuss the new cost of living adjustments, earnings limits, and the Windfall Elimination Provision. Don’t miss part 2 of this conversation and we talk about year-end tax planning!   Here’s some of what we discuss in this episode: Social Security Cost of Living (COLA) adjustment The FICA Wage Base and Earnings Test Limit increase The average retirement benefit on Social Security right now The impacts of the Windfall Elimination Provision   For more, visit us online: https://baschrock-fg.com/

We’re excited to announce that one of our team members, Dan Oaklief, has recently earned his Certified Financial Planner designation. This is such an awesome achievement and one that he’s worked diligently to accomplish, but what does this actually mean for advisors and clients? Today we’re sitting down with Dan to discuss this milestone, what it means to be a CFP®, and the importance of continuing education in this industry.   Here’s some of what we discuss in this episode: What is the value of CFP® accreditation in the field? Why CFP® accreditation is the gold standard in the industry. Dan’s favorite and least favorite part of becoming CFP® accredited. Dan’s advice to people planning to get their CFP®.   For more, visit us online: https://baschrock-fg.com/

In this episode of Unlocking Your Financial Future, Ben is joined by Chief Investment Officer, Keith Lockwood. He’s here to help dive into some of the market volatility we have seen lately and what it could mean for your investments. Tune in as Ben and Keith look at how geopolitical factors can impact the market, how recent recession talk could be a little overblown, and what investors should expect as we head into Q3 and the election season.    Here’s some of what we discuss in this episode: What was really behind the bad day for the stock market in early August How geopolitical factors can impact the market Why some of the recession talk may be overblown The VIX hitting its third highest day ever How elections invite market volatility   For more, visit us online: https://baschrock-fg.com/

In today’s episode, we’re continuing our conversation on the annual Social Security Trustees Report. In this half of the conversation, we’ll cover some interesting statistics from the report, including the impact of declining birth rates and immigration on Social Security's future. We'll also explore how life expectancy trends and recent events like COVID-19 are influencing projections.   Here’s some of what we discuss in this episode: What does it mean that Social Security could be insolvent by 2035? How declining birth rates and changing death rates affect Social Security projections How immigration contributes to and benefits the trust fund The importance of personalized planning when it comes to Social Security decisions   For more, visit us online: https://baschrock-fg.com/

In today’s episode, we’re going to share some updates from the annual Social Security Trustees Report. With Social Security serving as a cornerstone for countless retirees, understanding its current state and future projections is important. Listen in as Ben highlights the key takeaways from the 277-page report that you need to know about.   Here’s some of what we discuss in this episode: The projected depletion of Social Security reserves by 2035 Our office's proactive approach to Social Security planning Raising FICA taxes to address Social Security solvency issues Cutting benefits for current recipients or for new beneficiaries Avoiding fear-based decisions and trusting in long-term planning   For more, visit us online: https://baschrock-fg.com/

We’re back to finish up our conversation with Deborah and Hannah Wasylko, the dynamic duo behind Baskets Galore. This business specializes in customized corporate gift designs, from branded items to gift baskets featuring local and gourmet selections. If you missed part 1, you can check it out here!   Here’s some of what we discuss in this episode: How Deborah and Hannah operate the business side of Baskets Galore How inflation has impacted this industry + the delicate balance of managing costs and making decisions for long-term success What Deborah’s creative process looks like + what’s the in the future for Baskets Galore The value of building and maintaining client relationships through thoughtful touch strategies     Get in touch with the Baskets Galore Team https://basketsgaloregifts.com/ Baskets Galore Storefront: 95 Pearl Road, Brunswick, OH 44212 [email protected] 330-220-0088   For more, visit us online: https://baschrock-fg.com/    

We’re excited to sit down with Deborah and Hannah Wasylko, the dynamic duo behind Baskets Galore. This business specializes in customized corporate gift designs, from branded items to gift baskets featuring local and gourmet selections. Join us as they share the story behind starting this business and their passion for creatively assisting business owners with thoughtful gifting.   Here’s some of what we discuss in this episode: Hannah and Deborah’s professional backgrounds + transition into corporate gift design The early development of the business + the importance of relationship-building over direct sales in scaling a business How Deborah and Hannah creatively navigated the challenges of COVID + how it led to significant business growth Working together as a mother-daughter team + finding work-life balance in this field of work   Get in touch with the Baskets Galore Team https://basketsgaloregifts.com/ Baskets Galore Storefront: 95 Pearl Road, Brunswick, OH 44212 [email protected] 330-220-0088   For more, visit us online: https://baschrock-fg.com/  

We’re excited to welcome back Mike and Mandy Hamlin for today’s episode. Mike and Mandy are the owners of the successful food truck and catering business, Kitchen 212. From losing their jobs during the pandemic to taking the leap to start their own business, their story is incredibly inspiring. If you missed part 1, you can check it out here!   Here’s some of what we discuss in this episode: How Mike and Mandy have pivoted from public events to private catering + the different services they offer today The kind of prep work that goes into a typical week + how they’ve tackled pricing Where Mike and Mandy see the business going + finding ways to be innovative and creative without expanding physically How the duo’s business structure and communication style have evolved throughout the years The story behind the name “Kitchen 212”   Learn more about Kitchen 212: https://www.kitchen212.com/    For more, visit us online: https://baschrock-fg.com/    

We’re excited to have some special guests on the podcast for a fun two-part episode. Mike and Mandy Hamlin are the owners of the successful food truck and catering business, Kitchen 212. From losing their jobs during the pandemic to taking the leap to start their own business, Mike and Mandy have an inspiring story to share. Join us as we chat about some common misconceptions of entrepreneurship, the importance of celebrating small victories in business ownership, and much more!   Here’s some of what we discuss in this episode: How COVID-19 led Mike and Mandy back to Ohio to start a food truck Facing unexpected obstacles and celebrating victories in small business ownership Balancing work and life as a husband-and-wife entrepreneurial duo The realities of event planning and food preparation behind the scenes   Learn more about Kitchen 212: https://www.kitchen212.com/    For more, visit us online: https://baschrock-fg.com/    

In case you missed it, we recently released a podcast episode with Keith Lockwood (CIO), where we reflected on this year’s financial landscape. Coming off a pretty good year in the market, what can we expect to see in 2024? Listen in as we discuss the anticipated trends and challenges that the new year might bring.   Here’s some of what we discuss in this episode: Potential pullbacks in the first quarter of 2024 + opportunities to invest in good companies Potential challenges related to a Fed rate cut, rising unemployment, housing market affordability issues Usual volatility in election years + staying disciplined in investing Potential pullbacks in high-flying tech names + being selective with your investments    For more, visit us online: https://baschrock-fg.com/

As we wrap up the year, we are joined by Keith Lockwood (CIO) for a two-part discussion, exploring the financial dynamics of 2023 and providing insights into what lies ahead in 2024. Listen in as we chat about this rollercoaster of a year, focusing on the unprecedented market gains in November and December, the dominance of the “Magnificent Seven” and the Federal Reserve's role in shaping the market.   Here’s some of what we discuss in this episode: The market’s unprecedented run in the last two months The dominance of the "Magnificent Seven" in driving market gains The importance of staying diversified in investment portfolios The Federal Reserve's role in shaping the market    For more, visit us online: https://baschrock-fg.com/

If you’re hoping to start your retirement journey in 2024, there are some key things you need to start thinking about in order to properly prepare. In today’s episode, Dan Oaklief, RICP®, CPFA® is back to share some advice for those who plan on retiring in the new year.  After discussing key year-end planning strategies for 2023 in our last episode, today’s conversation is all about the crucial steps to take to six to nine months before your desired retirement date.   Here’s some of what we discuss in this episode: What Social Security decisions need to be considered in the planning process? Evaluating pension options and finding the best one for your situation Knowing the location and tax structure of your assets, including 401(k), IRAs, and Roth accounts What factors should be considered in budgeting for retirement? Strategically generating income streams in retirement with the help of a financial professional   For more, visit us online: https://baschrock-fg.com/

It’s that time of year! Join us for a thoughtful episode where we unpack some key year-end planning strategies for 2023. We'll explore the nuances of optimizing your investment portfolio, safeguarding your assets, and ensuring a stable, rewarding lifestyle in the years to come.   Here’s some of what we discuss in this episode: Making the most of your year-end bonus Tax planning: tax-loss harvesting, RMDs, Roth conversions, tax changes coming in 2026 Planning ahead for significant expenses + cleaning up debt and looking at health insurance Staying within gifting limits + recent rule changes to the 529 plan   For more, visit us online: https://baschrock-fg.com/

We’re back with Dan Oaklief, RICP®, CPFA® to continue our conversation about Roth IRAs. If you missed part one, be sure to check that out here. In it, we break down the fundamentals of Roth IRAs and discuss the contribution rules for 2023, contribution limits, and much more. For part two of this series, we’re going to dive a bit deeper into this conversation. Dan will discuss the signs that might prompt a Roth conversion recommendation, the benefits of spreading Roth conversions out over several years, and why the timing of these conversions matter. Listen in as we further demystify Roth conversions and dive into the potential tax-saving and legacy planning benefits that can come with them.   Here’s some of what we discuss in this episode: What prompts a recommendation for Roth conversions in financial planning? Why is it important to spread Roth conversions over several years instead of doing a lump sum conversion? How does the timing of Roth conversions, particularly in Q4, affect the planning process? What are the long-term tax benefits of Roth conversions, especially in the context of RMDs?    For more, visit us online: https://baschrock-fg.com/

Today we’re joined by the one and only Dan Oaklief, RICP®, CPFA® to dive into the world of Roth IRAs. As we enter the fourth quarter, we have a lot of conversations about Roth IRAs and conversions this time of year. We thought it’d be the perfect time to break down key differences between the two and answer some common questions in a two-part episode.   Here’s some of what we discuss in this episode: What is a Roth IRA? What are the Roth contribution rules + limits in 2023? What is a Roth conversion + the benefits of a Roth IRA and Roth conversion?    For more, visit us online: https://baschrock-fg.com/

In the month of August, Ben and Kaitlin celebrated 10 years of marriage and 11 years of BA Schrock Financial Group being open. It’s easy to say that it was a month of celebration! Listen in as they reflect on a decade of marriage and over 11 years in business.   Here are some key takeaways from this episode: Embracing Risk: Ben and Kaitlin share how the early days of starting their business were marked by taking risks and believing in their vision, despite uncertainties. Building a Supportive Team: Kaitlin and Ben discuss how adding team members has been a significant step for their business. Each team member's dedication and passion contribute to a collaborative and supportive work environment. Continuous Learning: Ben emphasizes the importance of staying curious and consistently advancing one's knowledge in the financial industry to provide the best service to clients. Celebrating Milestones: Over the years, BA Schrock Financial Group has celebrated achievements like becoming an RIA, surpassing $100 million in assets under management, and renovating their office space. Balancing Family and Business: Ben and Kaitlin discuss the rewards of working together as a married couple. They find inspiration in their clients' successes and use their experiences to keep pushing forward, even on tough days    For more, visit us online: https://baschrock-fg.com/

In today’s episode, we’re diving into the impending transition from TD Ameritrade to Charles Schwab and what it means for our clients. As the big announcement of the acquisition/merger can feel overwhelming, we are here to provide clarity, answer your questions, and provide guidance on what to anticipate.   Here’s some of what you’ll learn in this episode: Despite the change in custodian from TD Ameritrade to Charles Schwab, clients will still maintain their relationship with their financial advisors, and the management of portfolios will continue as before. The transfer of assets from TD Ameritrade to Charles Schwab will occur automatically over the Labor Day weekend. Clients do not need to take any action for this transfer to happen. Clients will have access to their new Schwab accounts starting from September 5th. During this period, there may be a brief disruption in account access and some statements could show zero balances, but this is part of the transition process. Clients will access their accounts through Schwab Alliance and are encouraged to set up their new login credentials for this platform. We are happily available to address questions and concerns throughout this transition!   For questions or assistance with this transition, reach out to us at 330-473-1060  For more, visit us online: https://baschrock-fg.com/

Today, we have Amanda Ondrey from M.C. Real Estate joining us once again. In our previous segment, we delved into Amanda's real estate career and her journey as a business owner. In this episode, Amanda talks with us about the current real estate market and addresses some common concerns and questions about buying and selling in this environment.    Here’s some of what you’ll learn in this episode: Is this another 2008? + The emotional impact of this real estate environment on buyers. (1:21) Does Amanda foresee a slowdown in the real estate market? (6:43) Amanda’s involvement with investors + Chatting about 1031 exchanges and commercial investments. (12:42) Amanda’s thoughts on the future of the real estate market. (17:32)   Learn more about Amanda:  https://www.amandaondrey.com/ Direct: 330.802.9618 Office: 330.723.9911 [email protected] Amanda on Linkedin https://www.linkedin.com/in/wadsworthrealtor/    For more, visit us online: https://baschrock-fg.com/    

Today we have the pleasure of sitting down with Amanda Ondrey of M.C. Real Estate. In part one of this two-part episode, Amanda, renowned for her all-female team, shares her real estate journey with us- from being mentored herself and surviving the 2008 market crash to establishing herself as a successful realtor. She also shares invaluable insights about her business operations, the importance of building relationships with clients, and her approach to balancing work and personal life.    Here’s some of what you’ll learn in this episode: Amanda discusses her background, her mentorship with an experienced realtor, and her transition to running her own business. (1:17) Amanda’s decision to partner with a local broker, her team’s high retention rate and her decision to build an all-women team. (5:59) Finding work-life balance in the world of real estate. (14:26) Amanda’s advice for those looking to get into the business. (16:38)   Learn more about Amanda:  https://www.amandaondrey.com/ Direct: 330.802.9618 Office: 330.723.9911 [email protected] Amanda on Linkedin https://www.linkedin.com/in/wadsworthrealtor/    For more, visit us online: https://baschrock-fg.com/  

We are back with Joel Cavanaugh, partner at Hanna Rasnick Evanchan Palmisano Hobson & Fox LLC, for this episode. Joel handles a wide array of cases in estate planning and has a wealth of knowledge to share with us today. In part one of this two-part episode, we got to know more about Joel and talked about the ins and outs of running a business. In part two, Joel will answer your estate planning questions.     Here’s some of what you’ll learn in this episode: The importance of having a will, a financial power of attorney, and a medical power of attorney.  (1:19) Joel breaks down the differences between a financial power of attorney and medical power of attorney. (5:28) Do I need a trust? (11:38) The differences between a revocable and irrevocable trust. (17:34) The importance of having an estate plan. (23:44)   Learn more about Joel: https://www.businessandconstructionattorneys.com/attorney/joel-d-cavanaugh/) For more, visit us online: https://baschrock-fg.com/  

Today we are glad to welcome Joel Cavanaugh to the podcast. Joel is a partner at Hanna Rasnick Evanchan Palmisano Hobson & Fox LLC and handles a wide array of cases in estate planning. In this two-part episode, Joel will discuss his journey as an attorney and business owner and will answer your questions about estate planning.   Here’s some of what you’ll learn in this episode: Joel shares how he became an attorney and what led him to own his own business.  (1:12) Owning a business is a balancing act.  (6:55) Joel shares how he balances being an attorney, father, and husband by being intentional with his time. (10:47) “When you own a business, you are the business.” Joel reflects on what it’s really like to run a business. (12:33)   Learn more about Joel: https://www.businessandconstructionattorneys.com/attorney/joel-d-cavanaugh/) For more, visit us online: https://baschrock-fg.com/

Today we are excited to be back with Dan Oaklief, RICP®, CPFA, one of our experienced advisors at BA Schrock Financial Group. For the past three years, Dan has been hosting informative webinars to educate clients on taxes, retirement, and social security planning. In part two of this two-part episode, we’ll talk about the impact of the current market on retirement planning and touch on some financial spring-cleaning tips.   Here’s some of what you’ll learn in this episode: Some financial spring-cleaning tips from Dan. (1:29) Coming off a bad year in the market, will I still be able to retire? (6:57) Should I reduce my risks right now? (10:21) Retirement plans are personal, and retirement goals will look different from client to client. (14:42)    For more, visit us online: https://baschrock-fg.com/

Today we are excited to be joined by Dan Oaklief, one of our experienced advisors at BA Schrock Financial Group. For the past three years, Dan has been hosting informative webinars to educate clients on taxes, retirement, and social security planning. In part one of this two-part episode, we’ll unpack some of the common questions Dan receives from clients about financial planning.   Here’s some of what you’ll learn in this episode: Some fun facts about Dan, including a story about the worst haircut he’s ever had. (1:11) Some of the common questions Dan gets from clients about retirement and financial planning. (5:30) What is phantom income and why is it important to address? (11:20) Can you combat phantom income? (14:23)    For more, visit us online: https://baschrock-fg.com/

In this episode, we’re spending some time with BA Schrock’s Colleen LeMasters, CFP® to share our process for helping and assisting clients when the face these significant changes that disrupt life and retirement. This is a conversation that we can approach from multiple angles so we’ve broken it out into two parts. In part one we talked about these life changes from a non-retirement perspective. Now we’re going to turn our attention to the retirement aspect of this conversation and the changes that often happen to people around this time. Here’s some of what you’ll learn on this episode: What is the most common change people face when someone goes from working to retirement? (1:26) How interest rate changes impact your retirement plan and your ability to retire like you want. (4:18) Will you lose your job if you stick around or pass up a buyout? (8:14) What happens when you’re forced into an early retirement? (10:19) How has income planning changed with the increase in interest rates? (12:33)    For more, visit us online: https://baschrock-fg.com/

The only certainty in life is that we have no idea what tomorrow will bring. Even the best laid plans can change in an instant, but a well-constructed financial plan will ease the burden during these life events. In this episode, we’re spending some time with BA Schrock’s Colleen LeMasters, CFP® to share our process for helping and assisting clients when the face these significant changes that disrupt life and retirement. This is a conversation that we can approach from multiple angles so we’ve broken it out into two parts. In this part one, we’re going to talk about these life changes from a non-retirement perspective. Here’s some of what you’ll learn on this episode: Dealing with the loss of a spouse. (1:17) Replacing lost income if something were to happen to you. (4:00) How we can help someone going through the divorce process. (7:05) What you should think about when you change jobs. (9:49) No life change is too big or too small to ask for help. (13:48) For more, visit us online: https://baschrock-fg.com/

Anyone that’s looking for a financial advisor has probably see all the different designations people might have, but it’s tough for anyone outside of the industry to know what everything means. If there’s one you want to pay attention to when it comes to building a plan, it’s going to be the Certified Financial Planner (CFP®) designation.   Here’s some of what you’ll learn on this episode: What was her experience of getting the CFP® designation? (2:24) What drove her to get this and why was it important? (4:22) Who all can carry the CFP® designation? (6:41) How this will improve the work we do and how we can help clients. (8:24) Ethics and integrity might be the most important thing about a CFP®. (9:55)   For more, visit us online: https://baschrock-fg.com/

Another round of retirement changes are on the way after President Biden signed a spending bill in December 2022 that included the SECURE Act 2.0. Retirees and pre-retirees need to understand what this legislation means, how it might impact you, and what planning opportunities this could open up.   Here’s some of what you’ll learn on this episode: The key differences in SECURE Act and SECURE Act 2.0 (1:06) The age for RMDs is moving back even further. (2:52) The penalties for missing RMDs is not nearly as significant. (3:59) The big change to 529 plans that might give you more flexibility. (7:20) Employers have the ability set aside money for student loan payments. (12:27) Some lifetime income options inside 401(k) accounts will be available. Is that a good thing? (17:36)   For more, visit us online: https://baschrock-fg.com/  

Today’s guest is Colleen LeMasters, CFP®, ChFC®, BFA™. Colleen is an Investment Advisor Representative and Insurance Professional at FIG. In this episode, we will discuss market risk. There has been extreme volatility in 2022, and there is a lot we can learn from a year like this. Specifically, from a client management standpoint. Let’s discuss diversification and see what approaches we may want to take in 2023.   Here are some of the things you’ll learn in this episode: Should we peel off gains in the oil and gas sectors? (3:51) We should reevaluate risk tolerance with clients. (7:01) Navigating difficult conversations with clients. (13:22)   For more, visit us online: https://baschrock-fg.com/

Welcome to part 2 of our ‘End of the Year Planning’ mini-series. I’m back with Dan Oaklief, RICP®, CPFA. In this episode, we will be focusing on year-end planning from a retirement standpoint. Some pre-retirees hope to retire early but haven’t considered one of the more costly factors: health care. We connect our clients with a professional that helps guide them to the best option for their circumstances so they know they will be covered. Listen to hear some of the other important factors to approaching retirement.   Here are some of the things you’ll learn in this episode: How we can help you navigate through applying for Social Security. (2:07) You should know how much money you want to spend in retirement long before your retirement date so we can be sure your goals are aligned with your savings and investments. (4:31) What you should consider about health care in retirement to make sure you are okay from a financial standpoint. (6:14) For more, visit us online: https://baschrock-fg.com/

On today’s show, we will be discussing end-of-the-year planning with one of our Financial Advisors, Dan Oaklief, RICP®, CPFA. Our last episode touched on the current and future markets, and today we want to look at what you should consider as a retiree at the end of the year. One large factor to consider is the Required Minimum Distributions. If you do not utilize your RMDs, you’ll be penalized 50% of what you should have taken out (in the following year). This is just one thing to consider of the many key points we will be touching on.   Here are some of the things you’ll learn in this episode: What you should know about RMD planning. (0:42) Here Dan shares a few strategies on RMDs. (4:00) Here you can learn about IRAs and contributions for ways you can save. (9:01) For more, visit us online: http://bashrock-fg.com

With the year coming to an end, you may be wondering what is in store for us over the next few months, as well as what 2023 with bring. While we can’t predict the future, we can certainly share our estimations of what may be coming. History should be used as a guideline for our current markets, as it tends to repeat itself, but we also must consider the recent markets and current events that have shifted the tides. Listen as we discuss some market updates that you may want to know.   Here are some of the things you’ll learn in this episode: Historical data is a great reference for gauging the upcoming market, but you also must consider the very recent market and events. (3:40) Are we at the start of a year-end rally? (6:47) Here we share year-end opportunities to look out for. (8:32) For more, visit us online: http://bashrock-fg.com