Quarter Over Quarter

Cybercrime has quietly become one of the largest and most sophisticated global industries, now surpassing the scale of illegal drug trafficking.In this episode, Tom Moran and Don Drury are joined by Mark Hurley, CEO and Founder of Digital Privacy Protection, to break down the rapidly evolving cybersecurity landscape and what it means for individuals and families.The conversation explores why high net worth individuals are increasingly targeted, how artificial intelligence is making scams more convincing than ever, and the surprising ways personal data is exposed through everyday devices and apps.They also discuss real world examples of financial loss, emerging threats like voice cloning and title fraud, and the concept of basic cyber hygiene, simple but critical steps that can dramatically reduce risk.From password strategies to understanding where vulnerabilities exist, this episode provides a practical framework for protecting your finances, identity, and digital life.Subscribe and follow along, we're just getting started!References:5:09 - “...cybercrime is a $10.5 trillion business.” https://techbullion.com/cybercrime-damages-at-10-5-trillion-why-the-world-is-spending-record-amounts-on-cyber-defence/Mark Hurley of Digital Privacy Protection appeared as an independent guest. Moran Wealth Management receives no compensation or referral fees from Mr. Hurley or Digital Privacy Protection. His views are his own and do not represent Moran Wealth Management, which has not independently verified his claims or statements.The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

With the first quarter of 2026 in the books, investors and consumers alike are searching for clarity amid a complex economic backdrop: tariffs, an ongoing conflict in the Middle East, and the ever-present question of what the Fed will do next.In this episode, Tom Moran and Don Drury are joined by Dr. John Silvia, former Managing Director and Chief Economist at Wells Fargo and founder of Dynamic Economic Strategy.The conversation covers the current state of consumer spending, corporate earnings expectations, and the quiet productivity boom reshaping the U.S. economy. Dr. Silvia also addresses the distributional impact of rising oil prices across global markets, why the U.S. is better positioned than Europe and Asia, and what investors should be watching as the year unfolds.From Fed policy to the 10-year treasury to the case for a commodity supercycle, this episode delivers a grounded, data-driven outlook for the rest of 2026.Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] content may include forward-looking statements, projections, or opinions that are based on current assumptions and market conditions. These statements are not guarantees of future performance and actual results may differ materially.Any references to market performance, investment strategies, or asset classes are for illustrative purposes only and should not be considered a recommendation to buy or sell any security. Past performance is not indicative of future results.All investments involve risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful.Any views expressed by guest speakers are their own and do not necessarily reflect the views of Moran Wealth Management, LLC.For disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

With rising tensions between the United States and Iran, recent developments have drawn increased attention to potential geopolitical and economic implications. While the situation remains fluid, it has prompted discussion around possible impacts on global energy markets, international alliances, and broader financial conditions.In this episode, Tom Moran and Don Drury are joined by Professor Hossein Motamedi, an expert in international relations and a native of Iran. The discussion explores historical context, Iran’s strategic approach to conflict, and how asymmetric dynamics can influence outcomes when nations face unequal capabilities.The conversation also outlines several potential scenarios related to recent U.S. policy actions, along with considerations for global oil and natural gas supply, the role of the U.S. dollar in international trade, and possible effects on markets and geopolitical relationships.This episode is intended to provide context and perspective on a complex and evolving situation. It is not intended as investment advice or a prediction of future events.Geopolitical developments are inherently uncertain and may impact markets in unpredictable ways. Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Many investor portfolios have significant exposure to U.S. stocks—but what about the rest of the world? In this episode, Charlie Chesebrough discusses the role global investing can play in portfolio construction, how investors often think about international and emerging markets, and how diversified allocations are commonly structured to consider both growth potential and risk. The conversation explores how factors such as demographics, currency movements, sector composition, and political stability can influence global markets, along with an overview of common ways investors access international exposure, including ETFs, large international companies, and country-specific investments. The information discussed in this episode is provided for educational and informational purposes only and should not be construed as investment, tax, or legal advice. Nothing discussed should be considered a recommendation to buy, sell, or hold any security or to adopt any specific investment strategy. Investing involves risk, including the potential loss of principal. Past performance is not indicative of future results.Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.Date of Production: July 25, 2025This content is provided for informational and educational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any security. Views expressed are subject to change and may not reflect those of all investment professionals. References to countries, markets, companies, or sectors are illustrative only and are not recommendations. All investments involve risk, including the potential loss of principal. Diversification and asset allocation do not guarantee profit or protect against loss. International and emerging markets investing involve additional risks, including currency fluctuations, political/regulatory instability, liquidity, settlement, and differing accounting/reporting standards. Any allocation decision depends on an investor’s personal objectives, risk tolerance, tax situation, and time horizon.

How much growth in your portfolio still belongs to you… and how much could ultimately pass to the next generation?In this episode, the team discusses estate planning strategies such as Grantor Retained Annuity Trusts (GRATs) and Intentionally Defective Grantor Trusts (IDGTs). These structures are sometimes used as part of a broader estate planning process to help address how future appreciation in certain assets may be treated for estate and gift tax purposes while maintaining defined parameters for oversight and control. The episode also reviews the current federal estate and gift tax exemption framework and discusses how the scheduled changes to the exemption after 2025, under current law, may influence how some families evaluate planning opportunities.This content is for informational and educational purposes only and should not be considered investment, tax, or legal advice. Estate planning strategies such as GRATs and IDGTs are complex and may not be appropriate for all individuals. Their effectiveness depends on individual circumstances, asset performance, interest rates, and future changes in tax law. Moran Wealth Management® does not provide tax or legal advice. Any tax or legal information provided is general in nature and should not be construed as advice. You should consult your tax and legal professionals regarding your specific situation. All investing involves risk, including the possible loss of principal. International and emerging markets investing involves additional risks, including currency fluctuations, political and regulatory risk, and differences in accounting and reporting standards. Any opinions are as of the date of the content and are subject to change without notice.—Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

AI dominated the headlines. Capital flowed into chips, data centers, and infrastructure. Boards approved major spending plans. Investors took notice.Now comes the harder question. Will the earnings follow?In this episode of Quarter Over Quarter, Tom Moran and Don Drury move beyond the buzz and walk through a framework investors often use to assess adoption—starting with utilization, not just innovation. They also explore how AI-driven spending can affect a wide range of industries, including areas outside of traditional tech. The conversation touches on energy demand, nuclear developments, margin considerations, and the role that “picks and shovels” businesses can play during large-scale technology buildouts.—-Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

You can feel it in the questions people are asking lately. Are rate cuts coming? What does that actually change? And why do some parts of the market seem to react before it even reaches the headlines?This conversation takes a step back from predictions and zooms in on cause and effect—how policy decisions can ripple through bonds, equities, real estate, commodities, and currencies, sometimes quietly and sometimes all at once. The team walks through how these shifts can show up in portfolios, where risks may be less obvious, and why certain areas may start to matter more when the Fed eases.Tune in to understand the mechanics beneath the moves, the tradeoffs investors face in different environments, and why positioning often matters more than precision.References:0:00 - “The Fed recently did a study and it showed that roughly this time around, only 40% of the tariff costs were passed on. That compares to roughly 80% if you go back to 2019 in the first Trump administration.” https://www.bostonfed.org/home/publications/research-department-working-paper/2019/tariff-passthrough-at-the-border-and-at-the-store-evidence-from-us-trade-policy.aspx2:00 - “the Fed just scored a quarter in December. ... the Fed is predicting one cut in 26 and one in 27. I think the market’s predicting two.” https://www.cnbc.com/2025/09/17/fed-forecasts-only-one-rate-cut-in-2026-a-more-conservative-outlook-than-expected.html2:20 - “there was … two actual dissents … that wanted rates to … not move… and then one that asked for a 50 basis point cut… Steve Murrin… He is a Trump appointee.” https://www.cnbc.com/2025/09/17/new-trump-appointee-miran-calls-for-half-point-cut-in-only-dissent-as-rest-of-fed-bands-together.html7:08 - “The Fed recently did a study and it showed that roughly this time around, only 40% of the tariff costs were passed on. That compares to roughly 80% if you go back to 2019 in the first Trump administration.” https://www.bostonfed.org/home/publications/research-department-working-paper/2019/tariff-passthrough-at-the-border-and-at-the-store-evidence-from-us-trade-policy.aspxAny references to specific securities (including discussion of recent price movements) are for illustrative purposes only and should not be construed as investment advice or a recommendation. Such references may not be representative of all securities purchased, sold, or recommended for clients, and there is no guarantee that any investment strategy will be successful. Statements regarding market outlooks, sector views, and potential portfolio positioning—including any discussion of “long” or “short” exposures—are general commentary, not individualized recommendations, and may not be appropriate for all investors. Investment decisions should be based on an investor’s objectives, risk tolerance, time horizon, and financial circumstances.Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.co

Markets are entering a stretch where optimism feels justified, but valuations warrant careful consideration. Earnings have been strong, growth has held up, and momentum has continued to support prices, even as multiples sit above long-term averages. Historically, that combination has created opportunity, while also narrowing the margin for error.In this episode of Quarter Over Quarter, Don Drury and Tom Moran, AIF®, discuss how markets have tended to behave in periods when expectations are already high. They examine factors that have historically supported returns, where pressure points have emerged, and why rotation and diversification often become more important as leadership broadens beyond a narrow group of stocks.Historically, elevated valuations alone have not ended market cycles, but they have often increased the importance of discipline, balance, and patience.Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

At first glance, 2025 looks clean. Broad markets finished the year with solid gains and a headline return that may feel reassuring. But once you move past the surface, the year tells a more complicated story. Leadership stayed narrow, rotations arrived later than expected, and investor experiences varied widely depending on allocation.In this episode, Tom Moran, AIF®, and Don Drury review how the fourth quarter wrapped up, discuss why profit-taking emerged when it did, and explore how themes like AI, small caps, international markets, and natural resources contributed to results beneath the index level. They also share the indicators they’re monitoring as 2026 begins including inflation trends, employment data, interest rates and discuss where diversification may become more relevant.The conversation closes with a practical look ahead: what developments could shift the outlook, which areas they believe warrant closer evaluation based on current pricing and fundamentals, and why maintaining a balanced, disciplined process can be especially important as market conditions evolve.Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] Wall Street Journal & Barron’s is an independent publication and is not affiliated with or endorsed by the podcast or its host. No compensation was provided for this reference. Any mention of third-party publications is for informational purposes only and should not be construed as an endorsement or a guarantee of results.For disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Taxes shape the way wealth grows, transfers, and is managed over time. This episode outlines planning concepts that may help individuals make more informed decisions from early career through retirement, including how different account types, charitable strategies, and portfolio management approaches can affect after-tax outcomes.Key topics:How tax planning considerations can shift across different life stagesWhen Roth contributions, backdoor Roths, and Roth conversions may be worth evaluatingCharitable strategies, including donor-advised funds, that may help manage taxable incomeManaging capital gains, tax-loss harvesting, and timing decisionsRMDs, inheritance rules, and considerations for beneficiariesAsset-location approaches for matching investments to account typesSubscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Inflation has returned to center stage, influencing interest rates and long-term portfolio design. In this conversation, Don Drury and Tom Moran, AIF®, sit down with Charlie Chesebrough, CFA, Moran Wealth’s Managing Director, to discuss how inflation has evolved over the past four decades and why it may feel different today. They cover the Federal Reserve’s 2% target, renewed concerns about stagflation, and global factors that can affect inputs like energy prices and economic growth.Key topics:How inflation shifted from a background issue to a persistent challengeDifferences between inflation, stagflation, and deflationWhy the Federal Reserve targets 2%How major asset classes have historically behaved in different inflation environmentsPortfolio diversification considerations across market cyclesSubscribe and follow along!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

The right financial team can help make decisions clearer and make every plan more intentional.In this conversation, Tom Moran, AIF®, and Don Drury talk with Corey Grant, CFP®, ChFC®, about what helps define a strong advisory relationship. They reflect on how clients’ needs have evolved, why collaboration across generations matters, and how thoughtful planning benefits from understanding the full picture of a client’s life.The trio highlights how advice can work best when it’s built on transparency, shared purpose, and a team prepared for life’s turns—big and small.Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Philanthropy carries weight when it’s tied to something personal. It’s not just a financial decision but a way to pass on values, create connection, and shape a story that continues beyond your lifetime.In this episode of Quarter Over Quarter, Tom Moran, AIF, and Don Drury sit down with Michael Mongin, CPWA®, to talk about what it really takes to give with intention. They walk through the differences between donor-advised funds, private foundations, and charitable trusts, sharing how each option can support a family’s long-term vision while still offering practical benefits. Throughout the conversation, Michael explains how charitable planning can bring clarity to both the numbers and the meaning behind them, showing how structure and purpose can coexist when you plan thoughtfully.If you’ve ever wondered how to combine your financial goals with the causes that matter most to you, this discussion offers a clear and approachable path forward.Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Social Security may sound straightforward, but when it comes time to claim, the math, the timing, and the tax impact can get surprisingly complex.In this episode, Tom Moran and Don Drury sit down with Aaron Simpson, CFP®, CLU®, ChFC®, RICP®, to unpack how Social Security fits into a retirement plan, why timing your claim can make a six-figure difference, and how to align benefits with your broader income and tax strategy.From modeling different claiming ages to coordinating with your spouse’s benefits and understanding how inflation adjustments and RMDs come into play, this conversation covers the real-world planning decisions that can help you make the most of what you’ve earned.Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

This conversation opens with a simple question: how much of today’s market strength is grounded in reality? Don Drury and Tom Moran, AIF, welcome Tyler Hardt, CFA, Chief Portfolio Manager at Moran Wealth Management®, to examine the topic from multiple angles—from the scale of AI investment to quieter developments in sectors that have lagged.They discuss how technology spending has affected corporate balance sheets, what indicators they watch for signs of a slowdown, and how disciplined investors evaluate opportunities and risks. Tyler offers a closer look at healthcare and energy as areas of ongoing monitoring, while Don and Tom consider how current themes echo past market cycles and what practical takeaways may apply.Rather than predictions, this episode shares how professionals at the table are thinking about the months ahead and what they’re watching, not what they expect will occur.Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Your 20s may call for bold moves in equities. By your 40s and 50s, stability often takes priority with bonds, value stocks, and retirement accounts. Along the way, alternatives and college savings enter the picture.In this episode of Quarter Over Quarter, the discussion explores how portfolios naturally shift as life moves forward. The mix of growth and value, the timing of bonds, and the role of alternatives all depend on your stage of life and your comfort with risk. It’s not just about chasing returns, but about understanding how time horizon, family needs, and personal goals influence the way you invest.You’ll hear why starting early matters, how compounding builds momentum, and why it’s wise to lean on guidance when decisions get more complex. Because if investing doesn’t stay the same decade after decade, your strategy should grow as you do.Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Alternatives are gaining attention, but they’re not always well understood. In this episode of Quarter Over Quarter, Chelsea Ganey, CFA, Chief Strategy Officer at Moran Wealth, joins the team to share her perspective on private credit and private equity.She explains how these strategies can bring stability and diversification, why manager selection is critical, and where the risks and opportunities really are. With markets facing uncertainty, this conversation highlights how alternatives can be thoughtfully integrated into long-term portfolios.Subscribe and follow along!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Retirement planning is rarely straightforward. Between rising costs of living, shifting market conditions, and the simple question of where you want to spend your later years, there are countless factors that shape the future of your finances.In this conversation, the team explores the realities behind retirement distribution strategies, the psychology of risk, and the impact of state residency decisions like moving to Florida. You’ll hear how different people at the same age and with similar wealth can take entirely different approaches, why sleep is a surprisingly important indicator of risk tolerance, and what younger generations can do today to set themselves up for stronger outcomes tomorrow.Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.

Welcome to the very first episode of Quarter Over Quarter, a new podcast by Moran Wealth Management®. Hosted by Don Drury and Tom Moran, this show brings together decades of institutional investment expertise with the human, real-world financial questions people face every day.In this inaugural episode with their guest Charles Chesebrough, the team dives into the state of the market as we move from Q2 into Q3 of 2025. From the uncertainty around tariffs and interest rates to the lasting potential of small caps and artificial intelligence, the conversation blends insight, candor, and the occasional Kentucky joke. It’s an introduction not just to market themes, but to the personalities and perspectives behind Moran Wealth’s investment philosophy.Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.