For investors with significant wealth, traditional index funds may not provide the customization or tax efficiency needed to optimize outcomes. In this episode, Scott and Nick explain how direct indexing can help investors achieve greater tax alpha, manage concentrated stock positions, and align portfolios with personal values. They also discuss key pitfalls to watch for and whether this innovative strategy makes sense in your situation.

We all have organizations and causes that are near and dear to us. Being able to contribute to these is one of the things that brings fulfillment in life.  In this episode, Nathan and John discuss various ways to donate using investment accounts. Before you write that check, make sure these options aren’t better for you!  

Wondering if it’s finally safe to toss that old tax return or stack of receipts? In this episode, we’re breaking down exactly how long you should keep different types of tax records, from basic returns and W-2s to documents related to property, investments, and unreported income.   We’ll walk you through the official IRS guidelines and explain why it sometimes pays to hold on to records even longer. Whether you’re a freelancer, homeowner, or small business owner, this episode will help you stay organized and avoid costly surprises down the road.

What if wealth isn't just about money? In this powerful episode of The Benchmark, Nick Clay sits down with a special guest you should recognize, Philip Bachman, and they explore book, “The 5 Types of Wealth”, holistic framework by author Sahil Bloom that challenges how we define wealth. Through a personal conversation, we discuss: The surprising truths about financial freedom How caregiving, grief, and resilience reshape your view of what really matters Why relationships, time, health, and peace of mind may be more valuable than your net worth Systems for success you can apply to every area of your life Whether you’re a business owner, a working parent, or nearing retirement, this episode will inspire you to think more holistically about your financial journey and your personal legacy.

Making the shift from saving to spending in retirement can feel overwhelming—but it doesn't have to be. In this episode of The Benchmark, Scott Linn and Nick Clay break down how to convert your nest egg into steady, tax-efficient income.   Tune in to learn about: Smart Social Security claiming strategies How to structure withdrawals across taxable, pre-tax, and Roth accounts Managing market volatility and portfolio allocation in retirement RMDs, inherited IRAs, and qualified charitable distributions When Roth conversions make sense   Whether you're nearing retirement or already there, this episode will help you build a strategy for lasting financial confidence.

You might be wondering, “Do I need a trust?” When it comes to estate planning this is one of the most asked questions we get. In our latest episode of The Benchmark, Nick Clay and Scott Linn unpack this important question and walk through who really benefits from having a trust—and why it’s not just for the wealthy. Whether you’re trying to avoid probate, protect your children, or simplify things for your loved ones, this brief conversation will help you decide what’s right for your family.

Equity markets inherently experience periods of growth and decline. During downturns, investors often feel a strong urge to take action. In this segment, John Brandon and Scott Linn examine proactive strategies that can be employed in challenging market environments. At times, however, the most prudent course may simply be to hold steady and refrain from making changes.

The market can be intimidating, but a little knowledge and perspective go a long way! In our latest podcast episode, we share 10 key ideas to help you navigate today’s market with confidence. Here’s a sneak peek: 1️⃣ Volatility is Normal – Market corrections happen, but recoveries are quick.2️⃣ Diversification Works – Bonds are back to balancing portfolios in 2025.3️⃣ Policy Uncertainty? Don’t Panic – Markets adapt regardless of political changes.4️⃣ Inflation: Manageable – Know the difference between headline and core inflation.5️⃣ Economic Growth is Strong – Consumer spending keeps the economy moving forward.6️⃣ Cash Isn’t Safe – Staying invested beats losing purchasing power in cash.7️⃣ Don’t Worry About the Deficit – High deficits don’t always mean poor market performance.8️⃣ Leadership Rotates – Stay broadly invested across sectors.9️⃣ Market Timing Doesn’t Work – Missing the best days can hurt long-term returns.🔟 Perspective is Key – Focus on your goals and stay disciplined. 🎧 Tune in for more insights to keep your investments on track! 🔗 Listen Now!

In this episode of The Benchmark by BCS Wealth Management, Myra O’Dell is joined by advisors Andrew Farmer and Nathan Goodwin to explore why high earners often feel financially stuck. Learn how to avoid lifestyle creep, implement smart tax strategies, and build long-term wealth through intentional investing and protection planning.

In this episode of The Benchmark, Nick sits down with Nathan and Myra to provide 10 practical steps you can take today to simplify your estate for your heirs. Estate planning isn’t just about having a will—it’s about creating a clear, thoughtful plan that makes things easier for your loved ones when it matters most. From organizing key documents and updating beneficiaries to considering trusts and managing taxes, we cover the essential strategies that can save time, money, and stress for your family. Whether you’re starting your estate plan from scratch or reviewing an existing one, this conversation will give you actionable insights and ideas to help ensure your wishes are carried out smoothly. ✅ Topics We Cover: The importance of organizing key documents Why updating beneficiary designations matters How consolidating accounts simplifies the process The role of trusts in protecting your legacy Managing family dynamics and potential conflicts Estate tax strategies to keep in mind for 2025 and beyond 📌 If you’re ready to align your estate and financial plans, the team at BCS Wealth Management is here to help.

Are you keeping up with the markets? Understanding financial trends can make all the difference in your investment strategy. In this episode of the The Benchmark Podcast, advisors—Scott Linn, Nick Clay, and Nathan Goodwin—break down the key factors shaping the financial landscape. What moves the markets and the S&P 500, NASDAQ, Dow Jones, and international indexes.How do interest rates and economic data impact your investments?Mistakes investors make—and how to avoid them.Why a long-term perspective is helpful in times of volatility. Whether you’re an experienced investor, a business owner, or just looking to make informed financial decisions, this episode is packed with insights to help you navigate the markets with confidence.

In this episode of The Benchmark, John and Eliza dive into forgotten 401(k)s. Did you know there are over 29 million missing 401(k) accounts in the U.S. worth almost $1.65 trillion? Listen in to learn how to track down your lost retirement funds and why it’s crucial for securing your financial future. Don’t let your hard-earned money slip through the cracks!

In this episode, Nathan and John discuss some of the more frequently asked questions surrounding social security. Is it taxable? When should I start? What about survivor benefits? Get the answers to these and other popular questions on your morning or evening commute!

In this episode of The Benchmark by BCS Wealth Management, Myra, Scott, and Andrew explore the key financial and economic events of 2024. They discuss market performance, with a spotlight on AI-driven tech growth and crypto milestones, including Bitcoin ETFs and the $100K milestone. Key economic themes include inflation control, Federal Reserve rate cuts, and real estate trends. The hosts also share lessons learned, strategies for 2025, and the importance of staying diversified and disciplined in volatile times. Whether you’re a new or experienced investor, this episode is packed with insights to help you prepare for the year ahead.

Philip and Scott talk about how to be a good steward of a windfall. To begin, they share perspectives about how to handle your emotions in light of a sudden boost to wealth. They next discuss the financial best practices to follow after receiving a windfall. This episode touches on many areas of financial planning to consider or revisit. Perhaps most importantly, it also reminds us to be true to who we are, regardless of any windfall.

Philip shares his thoughts about The Wealth Money Can’t Buy: The 8 Hidden Habits to Live Your Richest Life, a book that impacted him this year for the better. Full of timeless wisdom, it’s a 2024 publication by acclaimed leadership coach Robin Sharma. The book reminds us that true wealth is so much more than cash in the bank. The book follows the structure of Sharma’s Eight Forms of Wealth model, of which money is only one. Philip summarizes the Eight Forms of Wealth. He then highlights just a few of the book’s many good takeaways about approaching money and also deepening our non-financial wealth.

As the end of the year approaches, many folks have charitable giving on the mind. In this episode, Scott and Philip discuss how you might be able to use your IRA when making contributions to your preferred charities by utilizing qualified charitable distributions, or QCDs. Scott and Philip discuss what a QCD is, the requirements and limits around QCDs, and the financial advantages of utilizing QCDs. They wrap up by discussing the kinds of charities that qualify for a QCD. Join them as they pack a lot of information into this short Daily Drive episode!

John and Philip provide insight into the how the investment advisory industry is regulated and the standards of care that its professionals abide by. They discuss what it means to be a fiduciary financial advisor. Additionally, they chat about the two distinct regulatory frameworks that cover Registered Investment Advisory firms and Broker-Dealer firms. As more firms and professionals move into the fiduciary obligation due to industry trends and regulatory enhancements, this episode reassures listeners that the investment advisory industry is more client-centered than ever.

With the year drawing to a close, it’s a great time to evaluate your tax situation, investments, retirement plans, and estate strategies. Join Nick, Scott, and Nathan in this insightful episode as they dive into year-end planning strategies that can help you make the most of your financial situation. In this episode, we cover: Key income and tax considerations to optimize your financial position Investment strategies to limit your tax and keep your financial plan on track Effective estate planning and wealth transfer methods to protect your legacy Whether you're looking to reduce your tax liability or ensure a smooth transfer of assets, this conversation is filled with actionable insights to set you up for success in the coming year.

Nathan and Philip offer tips about safeguarding your identity and credit report information in today’s digital age. They discuss common cybersecurity threats and what to look out for. They review cybersecurity best practices. Lastly, Nathan and Philip share the names of five companies that provide identity theft protection and monitoring.