The Financial Detox® Show

Jason and Alex kick off the new year by reframing the purpose of Financial Detox and conclude that it is “Helping You Make the Most of Your Wealth”. They proceed further by talking about the importance of having a purpose in how you invest and how to best set goals for success. Some studies show that 80% of new year’s goals are abandoned after one month and only 8% of these goals are even achieved by the end of the year. In an effort to help you not become that statistic, Jason and Alex share time tested goal setting techniques such as “The Wheel of Life” introduced by good friend Mark Robertson. Having a balanced approach to goal setting leads to a balanced life. They take it one step further by wrapping in the well-known concept of SMART goal setting and that by using this foundation you will have [...]

2020 is off to the races and the markets continue to break record highs. Is it time to sell and capture profits? Jason and Alex explore this question and many others that investors are asking themselves with balancing both comedy and academic evidence in their responses. They discuss the past and how looking back can be helpful when making decisions about the future. Election years tend to evoke many emotions about what could happen depending on who is elected into office. Recent tensions in Iran and what could spark a war most certainly do as well. The acceleration of technology and how it’s forcing entire industries to evolve and remain relevant have investors speculating more than ever on emerging industries. What are we to do with all this information? And what predictions can we make about the future as it pertains to investing? Jason also tackles a very important [...]

Rich Gaines with Legacy Legal joins Jason Labrum in the studio today to discuss ALL things tax, legal and financial advice. Rich specializes in working with tax law to benefit people in protecting and preserving their wealth for generations. Legacy Legal collaborates with IDA to assist in the creative planning process so clients have a holistic plan when it comes to their future and their wealth. Exercise your constitutional right to pay the least amount of taxes possible! In this show you will learn about: Three different levels of tax savings Reduce tax liability and maximize amount of money to pass on to your heirs What should you do to upgrade your trust so it makes the most sense for your circumstances Contact an Adviser Today

Jason and Alex welcome IDA’s newest wealth adviser, Cari Leamy to the show for her first time. Also back on the show is Director of Portfolio Management at IDA, Andrew Grant. Andrew starts off the show talking about a technical year end must do, evaluating potential capital gains exposure. These capital gains are something that mutual funds pass on to investors on their record dates. They become relevant at the end of the summer but becomes especially important when deciding to buy or sell mutual funds this time of year because buying a fund right before the date may not make sense. The show then transitions into the spirit of giving that the holiday season tends to bring to all of us. Alex talks about how you can donate to your favorite charities via a direct qualified contribution from your IRA. This strategy fits very well for those who [...]

We are excited to announce our 10 Year Anniversary! Our original founders Jason Labrum and Rick Labrum, Darcy Wadsworth and Jordie Czapinski founded what was then called Labrum Capital Advisors in September of 2009. Over the past 10 years our clients and team have evolved to shape what has become one of the largest independent fiduciary wealth management firms in Southern California. This year we were named the 6th fasted growing RIA in the country and couldn’t be more proud to celebrate that honor with our clients. In this show you will learn about: The origins of IDA and Founder Jason Labrum What the biggest challenges were over the past 10 years What were the biggest successes What does the future of IDA look like Contact an Adviser Today