You have a body to live in, but what you do with it can make the difference in the person you are.
In this episode, Tim Volk talks about his personal fitness journey, sharing how his dedication to balanced physical, mental, and spiritual wellness has empowered him. From childhood struggles and body image issues to discovering the empowering effects of fitness, meditation, and mental health therapy, Tim’s story is richly insightful. You’ll hear about his experiences with gym workouts, meditative practices, and emotional self-improvement, providing a comprehensive look at building the life you wish to inhabit.
Tim shares:
His early struggles with body image and self-esteem
Why achieving balance among body, mind, and spirit is key to personal wellness
How emotional well-being and therapy have played a crucial role in his transformation
How dedication and consistency in fitness and wellness routines lead to empowerment and transformation
The significance of mentors and community support in his journey
Navigating family wealth isn’t just about numbers; it’s about ensuring every voice is heard and valued within your family legacy. Discover how inclusivity shapes wealth management, unlocking new paths for financial well-being.
In this episode, Tim Volk talks about successfully managing the five capitals of family wealth. Through an inclusive lens, learn how addressing human, intellectual, social, spiritual, and financial capital can lead to a flourishing family legacy. This episode is a treasure trove for anyone eager to blend traditional wealth management with the nuanced needs of diverse family structures.
Tim discusses:
The role inclusion plays in the 5 capitals that are essential for a thriving family legacy
The pivotal role of inclusivity in modern wealth management
Stories and anecdotes highlighting the importance of adapting family wealth strategies to include diverse perspectives
How to enhance emotional intelligence among wealth advisors to better serve family dynamics
And more
Tune in now for valuable insights into creating a legacy that truly represents the richness of your family’s diverse tapestry.
Are you navigating the complexities of wealth and love?
Dive into a captivating exploration with The Rainbow Bull as Tim Volk, Kristen Olivieri, Editor at Crain Currency, and Coventry Edwards-Pitt, CFA, CFP®, Chief Creative Officer at Ballentine Partners, LLC, unravel the intriguing dynamics of relationships when wealth is in play. Discover insights and anecdotes that challenge and inspire, making each episode a must-listen journey through the intersections of heart, wealth, and personal growth.
The trio unfurls a tapestry of topics crucial for those entwined in the world of wealth and relationships, including:
The unique dynamics and considerations when dating across different wealth backgrounds
How values, family, and personal identity interact with financial abundance in relationships
Strategies for managing and discussing wealth within a partnership, ensuring transparency and understanding
The impact of wealth on personal development, self-perception, and the quest for authenticity in love
Tune in for an enriching conversation that promises to deepen your understanding of love, legacy, and financial wisdom through the lens of diverse, enriching experiences.
Kristen Oliveri, journalist and content director, has established her career in the wealth management and family office community, creating exciting content, establishing business connections, and curating high-touch, content-driven events.
Beginning as a beat reporter covering private banking, wealth management, and RIA firms, Kristen later began focusing on the ultra-high-net-worth industry and single-family offices. She specializes in B2B editorial content, curating panel discussions on pressing financial and wealth management issues, as well as crafting boutique networking events for family offices surrounding deal flow, operational issues, and family dynamics.
Complimenting her work in the family office and financial services industry, Kristen has worked as a freelance travel, food, wine, entertainment, and nutrition writer, appearing in such publications as The Daily Meal, Gluten-Free Living Magazine, New York Natives, Resident Magazine, The North Forker, Your Bella Life, Inside F&B and Fodor’s Travel. She also lends her talents to panel discussions as a travel and gluten-free expert, as well as appearing on local radio stations and videos for such sites as the Celiac Diva.
Kristen is currently involved in working with the private wealth industry at Markets Group to connect them via content and connections. She continues to freelance in the food, travel, and luxury industries.
Coventry Edwards-Pitt
Recognized as one of the “Top 50 Most Influential Women in Private Wealth” and one of the “Top 50 Women in Wealth Management,” Covie is a Partner and the Chief Creative Officer of Ballentine Partners, a Boston-area based investment and wealth advisory firm she joined 19 years ago. Covie was pre-med in college, and was drawn to the wealth management industry by her desire to help people–to help them navigate a complex, noisy, often conflicted financial world and implement strategies that weren’t just financially sophisticated but also emotionally relevant.
Covie is the author of the Healthy, Wealthy & Wise Collection, a three-book series that highlights success stories of how individuals have reconciled their financial abundance with the values and relationships that matter most in their lives. The first, Raised Healthy, Wealthy & Wise (2014), focuses on helping parents to raise grounded children amid wealth, the second, Aged Healthy, Wealthy & Wise (2017), centers on how to design a vibrant later life and legacy, and the third, Engaged Healthy, Wealthy & Wise (2023), offers a roadmap for inheritors and their significant others on how to navigate love and family wealth and forge their own joint path.
Covie’s books live at the intersection of heart and wealth. She has spoken at over 150 events for wealth-owning families and their advisors and consults to individuals about how to implement the books’ strategies in their own families. She lives in the Boston area with her husband and daughter.
Ever wondered how to create a flourishing family legacy that stands the test of time?
In this episode, Tim talks about inclusion within family legacies and financial advising. He dives into the importance of inclusion within families and businesses, sharing personal anecdotes and insights on how to navigate inclusion challenges and foster unity. He discusses the need to address diversity, equity, and inclusion from an inclusion-first perspective, drawing on experiences from different family dynamics and societal influences.
Tim discusses:
The significance of starting conversations around love and acceptance within families to promote inclusivity
The role of all five capitals – human, intellectual, social, spiritual, and financial – in supporting a flourishing family legacy
Challenges faced by families in promoting inclusion and acceptance across generations in the face of societal norms
The impact of inclusive practices in the financial and wealth management industry on client retention and business success
How do you know if your philanthropic gifts are actually doing good for the community you’re giving to?
How can we measure the success of our impact?
Today, Tim Volk and Rob Kaufold, Arlington Family Offices’ Director of Philanthropic Services, continue their conversation about philanthropic giving with a focus on making our donations matter. They discuss the importance of understanding the impact versus the scale of philanthropic efforts, the role of donor-advised funds, and various giving structures like private foundations and charitable trusts. Emphasizing the need for alignment between philanthropic tools and goals, they encourage you to find your passion for giving and to collaborate with charitable organizations.
Tim and Rob discuss:
Importance of building trust with organizations in philanthropy
Measuring the success of your philanthropic impact
Understanding the distinction between impact and scale in philanthropy
Different structures for charitable giving and philanthropy
Rob Kaufold is Director of Philanthropic Services for Arlington Partners, a multi-client family office. He brings advanced knowledge of philanthropic strategy, extensive experience in trust and family office management, and has nearly 30 years of experience in financial management and accounting.
Rob’s career has been defined by his work to connect the expertise of the family office world to philanthropy. He began his career as a CPA in the fields of accounting and finance in the insurance industry and joined a family office in 2006 as the Controller of Marshall Street Management, LLC. He recently served as Executive Director of the Hemera Foundation and President and Chief Risk Officer for Cauldera, LLC from 2011 to 2023. Rob is a CPA, holds a bachelor’s degree in accounting from Providence College in Rhode Island and a master’s degree in philanthropic studies from the Lilly School of Philanthropy at Indiana University.
He and his family live in Broomfield, where you will find them on nightly walks around
A lot goes into the decision behind charitable giving and philanthropic values for both individuals and families. It boils down to understanding your impact on the communities you’re helping.
This week on The Rainbow Bull, Tim Volk invites Arlington Family Offices’ Director of Philanthropic Services, Rob Kaufold, to talk about philanthropy and the multifaceted world of charitable giving. They go into the growth of philanthropy, the alignment of family values with philanthropic missions, and the various approaches to making an impact. Rob emphasizes the importance of understanding long-term effects, the balance between tax benefit and non-tax benefit dollars, and the need to connect with personal values for meaningful engagement. Their conversation also covers the decline in individual giving, the significance of direct transfers, and the joy of philanthropy in times of crisis, highlighting the complexity and personal rewards of giving.
Tim and Rob talk about:
Rob’s journey from accounting to philanthropy
Why philanthropy is important and the impact it has on communities
Understanding the impact of philanthropy beyond immediate giving
The multifaceted nature of philanthropy and the need for capturing long-term impact data
Rob Kaufold is Director of Philanthropic Services for Arlington Partners, a multi-client family office. He brings advanced knowledge of philanthropic strategy, extensive experience in trust and family office management, and has nearly 30 years of experience in financial management and accounting.
Rob’s career has been defined by his work to connect the expertise of the family office world to philanthropy. He began his career as a CPA in the fields of accounting and finance in the insurance industry and joined a family office in 2006 as the Controller of Marshall Street Management, LLC. He recently served as Executive Director of the Hemera Foundation and President and Chief Risk Officer for Cauldera, LLC from 2011 to 2023. Rob is a CPA, holds a bachelor’s degree in accounting from Providence College in Rhode Island and a master’s degree in philanthropic studies from the Lilly School of Philanthropy at Indiana University.
He and his family live in Broomfield, where you will find them on nightly walks around Broomfield Commons with their pup.
How can you protect your family’s wealth in the digital age?
Today on The Rainbow Bull, Tim Volk introduces Greg Klein-Hertzel, Founder and CEO of ConnectivTech, to talk about the importance of understanding cyber security. Greg shares his expertise on cyber threats, the importance of strong passwords, multi-factor authentication, and the risks of social engineering. Their conversation concludes with a focus on the necessity of proactive measures in protecting sensitive information in the digital age.
Tim and Greg discuss:
The basics to creating security for ourselves
How to bank online safely
Who cyber threats target
What hackers do
How to be prepared for cyber security attacks and what you can do if attacked
My name is Greg Klein-Hertzel and I am the Founder & CEO of ConnectivTech
Greg is a highly energetic individual who is dedicated to helping his clients solve for best-in-class technology needs through a vetted group of providers. He not only helps to connect the client to the right resource but also participates in the early stages of the relationship to ensure success.
He is a graduate of the University of Vermont with a BS in Math. He happily resides in the Boston area with his family.
Business:
At ConnectivTech our job is to match your business with the right technology. We don’t get paid until we connect your business with the right solutions.
Businesses are relying on quotes, google reviews, and minimal research to vet technology for their company. This common method creates uncertainty and remains ineffective at best.
To help solve this problem, ConnectivTech has two main functions. First, through in-depth analysis, ConnectivTech is constantly meeting and vetting technology companies that offer different business solutions. At ConnectivTech, we believe that technology is only as good as the people behind it. We look for good tech, good prices but most importantly, great people behind the technology. Second, after careful and thoughtful conversations, we match the pre-vetted technology companies with the businesses we are working with. We take to time to learn the blueprint of every business we are advising in order to connect that business with the right technology.
ConnectivTech offers solutions for small, medium, or large corporations. Whether it be:
1) Cyber security
2) 24/7 tech support
3) Website development
4) Software or app development
5) Fractional CTO or CIO services
6) PEO Software
7) Software Vetting
8) Cyber penetration testing
9) Forensic analysis
10) Cyber compliance testing
11) Cloud optimization
12) Branding
13) Marketing
14) Communications
15) Managed business printing services.
ConnectivTech has vetted solutions for your business.
Marriage seems like a great motivator to get your affairs in order, beginning with an estate plan. But marriage can come with its own unique issues.
Today, Tim Volk welcomes back Scott Squillace, estate planning attorney, founder of Squillace & Associates, and fellow member of the LGBTQ+ community, to take a look at some situations that may not fall into any cookie-cutter approach. Tim and Scott talk about the unique financial and legal challenges faced by the LGBTQ+ community, particularly regarding estate planning. They delve into the complexities of same-sex marriage, tax implications, and the importance of personalized financial planning, and share their personal experiences and anecdotes illustrating the issues.
Scott Squillace also touches on the history of same-sex marriage legalization, the costs of surrogacy, and the challenges of aging within the LGBTQ+ community. Together, they emphasize the importance of open communication, understanding individual needs, and the necessity of a comprehensive estate plan.
Episode Highlights:
Some of the history of the legalization of same-sex marriage
Why he wrote his book, Whether to Wed: A Legal and Tax Guide for Gay and Lesbian Couples
Tax implications of same-sex marriage from a legal and financial standpoint
Some estate planning considerations for LGBTQ+ couples with children and the need for trusts
Challenges faced by LGBTQ individuals in assisted care or nursing homes
The importance of open communication when it comes to comprehensive estate planning
Scott E. Squillace is a business, tax, and estate planning attorney with over 35 years of experience practicing law. He is admitted to practice law in Massachusetts, New York, Washington D.C., and New Hampshire, and has been admitted to the Bar in Paris, France as an Avocat. He holds his bachelor’s degree from Fordham University in New York; has studied at the Sorbonne University in Paris and earned his J.D. from the Columbus School of Law at the Catholic University of America in Washington, D.C. He is married and lives in Boston and Palm Springs, CA, with his husband and two silver labs.
As the founder of Squillace & Associates, P.C. – a boutique law firm in Boston’s historic Back Bay – Scott now specializes in estate and business planning matters including tax and philanthropic planning for high-net-worth individuals and families. His practice includes estate planning needs for international clientele, corporate executives, small business owners, physicians, attorneys, and other professionals. He has a focus on helping same-sex couples and members of the LGBTQ community with their unique planning needs and authored Whether to Wed: A Legal and Tax Guide for Gay and Lesbian Couples. Scott was appointed by Governor Deval Patrick in 2014 to serve on a Commission to study the needs of the LGBTQ elder community. Scott served as Founder and Co-Chair of the Equality Fund, an endowment for the LGBTQ Community established at The Boston Foundation. He has been a columnist for Practical Estate Planning and lectures and writes frequently on estate and business planning as well as charitable giving strategies and planning for the LGBTQ community.
Sometimes it seems like life is all about planning – your work day, gym time, visits to the vet, what to have for dinner. But have you planned what will happen to your assets when you’re gone? Estate planning may arguably be more important than anything else on your calendar.
In this episode, Tim Volk introduces Scott Squillace, estate planning attorney, founder of Squillace & Associates, and fellow member of the LGBTQ+ community, to talk about the importance of estate planning related to the five capitals of a flourishing family: human, intellectual, social, spiritual, and financial. Scott shares his experience in estate planning, highlighting its holistic approach. He discusses the benefits of setting up a revocable living trust, the importance of a health care proxy, power of attorney, and keeping estate planning documents updated. They also touch on the topic of estate planning for same-sex and unmarried couples.
Scott and Tim talk about:
Scott’s practice and how he became an estate planning attorney
Why everyone should have an estate plan
The key parts of a good estate plan
The differences between a will and a trust
Why estate documents need to be updated regularly
The benefits of a living trust
The different parts of estate planning that are especially important to LGBTQ+ members
What post-death processes we should be aware of
What’s coming up next on The Rainbow Bull with Scott Squillance
Scott E. Squillace is a business, tax, and estate planning attorney with over 35 years of experience practicing law. He is admitted to practice law in Massachusetts, New York, Washington D.C., and New Hampshire, and has been admitted to the Bar in Paris, France as an Avocat. He holds his bachelor’s degree from Fordham University in New York; has studied at the Sorbonne University in Paris and earned his J.D. from the Columbus School of Law at the Catholic University of America in Washington, D.C. He is married and lives in Boston and Palm Springs, CA, with his husband and two silver labs.
As the founder of Squillace & Associates, P.C. – a boutique law firm in Boston’s historic Back Bay – Scott now specializes in estate and business planning matters including tax and philanthropic planning for high-net-worth individuals and families. His practice includes estate planning needs for international clientele, corporate executives, small business owners, physicians, attorneys, and other professionals. He has a focus on helping same-sex couples and members of the LGBTQ community with their unique planning needs and authored Whether to Wed: A Legal and Tax Guide for Gay and Lesbian Couples. Scott was appointed by Governor Deval Patrick in 2014 to serve on a Commission to study the needs of the LGBTQ elder community. Scott served as Founder and Co-Chair of the Equality Fund, an endowment for the LGBTQ Community established at The Boston Foundation. He has been a columnist for Practical Estate Planning and lectures and writes frequently on estate and business planning as well as charitable giving strategies and planning for the LGBTQ community.
Is there a luxury greater than travel? Many can agree that luxury travel offers an unmatched experience.
In this episode, Tim Volk brings back Kristen Oliveri, editor at Crain Currency, to talk about their shared passion for travel and food. They share their experiences and information about luxury travel, highlighting the importance of travel agents, safety, and pre-trip research. Kristen and Tim also discuss the advantages of traveling by ship, particularly small luxury cruises, and address safety concerns for women, LGBTQ+, and aging travelers.
Kristen talks about:
Her background in journalism and wealth management
Their shared passion for luxury travel, food, and lifestyle
Her favorite cuisines and destinations, including Italy, Greece, the Caribbean, and Hawaii
Tips around planning for travel, including the benefits of using travel agents and social media to plan trips
Choosing between hotels and Airbnb accommodations
How to be safe while traveling and aware of the surroundings
The various benefits of traveling by ship, including safety, reliability, and personalized experiences
Kristen Oliveri, journalist and content director, has established her career in the wealth management and family office community, creating exciting content, establishing business connections, and curating high-touch, content-driven events.
Beginning as a beat reporter covering private banking, wealth management, and RIA firms, Kristen later began focusing on the ultra-high-net-worth industry and single-family offices. She specializes in B2B editorial content, curating panel discussions on pressing financial and wealth management issues, as well as crafting boutique networking events for family offices surrounding deal flow, operational issues, and family dynamics.
Complimenting her work in the family office and financial services industry, Kristen has worked as a freelance travel, food, wine, entertainment, and nutrition writer, appearing in such publications as The Daily Meal, Gluten-Free Living Magazine, New York Natives, Resident Magazine, The North Forker, Your Bella Life, Inside F&B and Fodor’s Travel. She also lends her talents to panel discussions as a travel and gluten-free expert, as well as appearing on local radio stations and videos for such sites as the Celiac Diva.
Kristen is currently involved in working with the private wealth industry at Markets Group to connect them via content and connections. She continues to freelance in the food, travel, and luxury industries.
