Tax planning is usually not top of mind until it’s spring and the deadline to file is around the corner. However, there are multiple considerations to be aware of this year, prompting the need for more proactive planning. In this episode of Your Active Wealth, Jere Doyle, Senior Wealth Strategist at BNY Wealth, reveals why taxpayers need to have ea…

Family offices are comprised of some of the most successful families in the world, and although they are often served by experienced advisors that specialize in sophisticated wealth compositions, where do they turn when they require further assistance? In this episode of Your Active Wealth, Samy Dwek, Founder and Chief Executive Officer of the Fami…

The world is filled with entrepreneurs, as businesses fuel many of the fastest growing and most powerful economies. But in this day and age, what does it take to create and run a successful business? According to Aaron Dinin, Faculty at Duke University Innovation & Entrepreneurship and Co-Founder of Audience Acceleration Labs, the hardest part of l…

When it comes to navigating major life events, proactive wealth management is essential for individuals and their families. On this episode of Your Active Wealth, BNY Wealth’s Jessica Brennan, director and senior wealth manager, and Lesley Holland, senior director and portfolio manager, share how they guide clients through major life events, such a…

Engaging your tax advisor early can potentially save you a lot of money. Taxes can impact all aspects of wealth, including income, investments, charitable giving and estates. With Tax Day still months away, many may not be fully prepared; however, with year-end just around the corner, it pays to be proactive and organized. In our latest episode, Je…

Our chief investment officer Leo Grohowski joins host Alicia Levine, head of investment strategy and equity advisory solutions, to share the top four insights he’s gleaned from his distinguished 40-year career on Wall Street. For additional insights on the subjects that matter most to you, visit bnymellonwealth.com. Follow us on: Twitter | LinkedIn…

Did you know roughly 100 regional markets in 22 states make up the luxury residential real estate market in the United States? In our latest #podcast, Catherine Finney, Head of Residential Appraisals at BNY Wealth, shares best practices on gauging the market, creative financing solutions and personal factors to consider when buying or selling a hom…

The Who sang about “My Generation,” back in the ‘60s, but today the focus is on Next Generation. We’re in the midst of a massive age wave, with trillions of dollars passing from one generation to the next. Two guests join the podcast – Brien Biondi, CEO of Campden Wealth North America and IPI and Belinda Herzig, senior wealth strategist for BNY Wea…

Responsible Investing is an increasingly complex area and is often interpreted differently by investors. Manisha Ali, Head of Responsible Investing at BNY Investor Solutions, joins the podcast for an educational discussion on this topic. She’ll explore the various facets of Responsible Investing, the evolving industry landscape and debunk some myth…

Women currently control one-third of total U.S. household wealth. And since women generally have longer life expectancies, over the next decade this proportion will grow significantly. To celebrate International Women’s Day, BNY head of practice management consulting Janet Kelly shares how proper financial planning can make a big difference for wom…

There may be more to building an art collection than you might expect. On this episode of Your Active Wealth, BNY art curator Brian Lang shares his tips for building an art collection that speaks to your passions and withstands the test of time. Lang has curated over 2,500 pieces of artwork for BNY’s corporate collection and has vast experience in …

BNY Wealth’s “Do Well Better” campaign highlights and celebrates clients who are wielding their wealth with purpose, be it through their philanthropy or by launching ventures that positively impact society. In this episode of Your Active Wealth, Carlos Martinez, founder of Clement Capital Partners, a visionary leader and entrepreneur with over 30 y…

Start with a breakthrough idea, stir in hard work, add some perseverance, quality service, a positive culture and mix. The result: a tasty business that rises to 450 locations. On the final episode of the Your Active Wealth business owner podcast series, Dena Tripp, an entrepreneur and co-founder of Nothing Bundt Cakes, discusses how a business she…

How can a business build a winning corporate culture that empowers employees, helps clients thrive and drives profitability? In the third episode of our business owner series, Paul Spiegelman, an entrepreneur, author, and philanthropist, discusses how a business he started with his brothers in his parents’ garage grew into a successful healthcare e…

In the second episode of our business owner series, Varish Goyal, president and CEO of Vintners Distributors, Au Energy and Loop Neighborhood Markets joins the podcast to explain why he turned away from a career in medicine and joined his family’s business. He then took the company in a different direction through his interest in technology and ser…

In the first episode of our business owner series, healthcare entrepreneur Arnie Burchianti shares his story of starting a home-based healthcare company in his native state of Pennsylvania. Leveraging scale and technology, Arnie was able to reduce the cost of care while delivering a higher standard of care. Over time, Arnie led the company through …

In this episode of Your Active Wealth, Lee-ford Tritt, professor of law and director of the center for estate planning at the University of Florida College of Law, discusses some of the key wealth planning issues facing LGBTQ+ couples today. The conversation sheds light on the benefits of different types of trusts, how second-parent adoption and bl…

Gone are the days when investors can expect a traditional 60/40 allocation to bonds and stocks will meet their financial goals. In this episode, Joanna Berg, senior alternative investments strategist, joins the podcast to explain how the world of investing has changed, and why exposure to alternative investments, like private equity and real estate…

When you have a substantial amount of wealth, it makes sense to think about your balance sheet like an institution. This means reviewing your expenditures periodically to account for personal spending habits, as well as external factors like market performance and inflation. According to Terry Sylvester Charron, national family wealth advisor team …

The unholy union of soaring inflation and weaker growth has stoked fears that the U.S. economy will be plagued by stagflation or recession. John Flahive, head of fixed income joins host Alicia Levine to explain why he thinks stagflation 1970s style is not in the cards, but there is the potential for a recession in 2023, now that the Fed has vowed t…

On International Women’s Day, we focus on the importance of women to financial markets, and the importance of financial markets to women. According to Catherine Keating, Global Head of BNY Wealth, financial health should be approached like physical health, with good day-to-day disciplines and guidance from experts. Drawing on years of collective ex…

Last year saw the emergence of several proposals under the Build Back Better Act that would impact U.S. taxpayers if signed into law. However, at this time, they have not come to fruition. According to Belinda Herzig, senior wealth strategist at BNY Wealth, other near-term developments could still lead to higher taxes. In this episode, Belinda cove…

The spike in inflation has some investors spooked. The erosion of buying power hurts consumers whenever they go to the supermarket or fuel up at the gas station. But inflation doesn’t have to hurt your investment portfolio. Leo Grohowski, chief investment officer at BNY Wealth, joins host Alicia Levine to discuss how you can build an inflation-resi…

Ever wondered how some billionaires fund such lavish lifestyles while paying little to no tax? It comes down to strategic borrowing: the use of leverage to fund spending and investing. Billionaires derive most of their income from asset appreciation rather than salaries or bonuses. Unlike ordinary income, asset appreciation isn’t taxed until a gain…