FEATURE

Investing In Your Future (Ep.10)

Business, Education, Finance, Finances, Financial Advisor, Financial Planning, Investing, Lawyers, Retirement, Uncategorized, , , , , , , ,

A little self-care can go a long way. This may include taking some personal time, eating better, and getting regular exercise. But it should also mean investment planning for your future.

In this episode of The Lawyer Millionaire, Darren Wurz shares how four investment groups thrive in different environments and how your returns are a function of your risk tolerance.

Darren discusses:

  • The concept of compound growth
  • Why it’s a mistake to dip into your retirement funds
  • The four major groups of investing asset classes and when to use them
  • And more

Resources:

Connect With Darren Wurz:

Podcast: Play in new window | Download | Embed

Subscribe: RSS

FEATURE

The 5 Worst Investment Mistakes (Ep. 9)

Business, Education, Finance, Finances, Financial Advisor, Financial Planning, Investing, Lawyers, Retirement, Uncategorized, , , , , , , , ,

How often have you seen the market dip and immediately want to pull out your investments to avoid further losses? That would be one of your biggest mistakes.

In this episode, Darren Wurz shares the top five investment mistakes made when faced with market volatility and how he helps clients protect themselves from increasing losses. He reveals the dangers of impulse decision making, how those decisions create missed opportunities and the long-term consistency of investment markets that should be driving decisions.

Darren discusses:

  • Why investors should avoid major changes to investment strategies
  • The psychology behind client decisions when faced with market volatility
  • The importance of patience when working with the market
  • How risk can increase or decrease losses and gains within the market
  • And more

Connect with Darren Wurz:

Podcast: Play in new window | Download | Embed

Subscribe: RSS

FEATURE

Starting Your Own Practice with Russell Kohn (Ep.8)

Business, Education, Finance, Finances, Financial Advisor, Financial Planning, Investing, Lawyers, Retirement, Uncategorized, , , , , ,

Starting an individual practice in law is not an easy step. But will you let that stop you from starting your own business?

In this episode, Darren Wurz talks with Russell Kohn, a personal injury attorney and owner of Kohn Law Office. Russell shares some insights on how he started his practice, turned it into something profitable and built a successful career.

Russell discusses:

  • What encouraged him to initially practice law
  • What inspired him to go out on his own
  • His biggest fears when he was transitioning into a solo practice
  • What marketing strategies are working for him
  • And more

Resources:

Connect with Darren Wurz:

Connect with Russell Kohn:

About Our Guest:

As the founder of the Kohn Law Office, Attorney Kohn has limited his practice to representing injured victims in car accidents, wrongful death, and premises liability matters since 1987. Mr. Kohn is a lawyer for people, and does not represent businesses, corporations or insurance companies.

He enjoys the personal and professional satisfactions that come from helping injured people obtain full and fair compensation. He is a lawyer who empathizes with his clients, and takes the time to understand the unique effects of the injuries to the specific lifestyle of each client.

As an attorney for people, Mr. Kohn is attentive and responsive to his clients. Each client’s case is personally handled by him, rather than by paralegals or office staff. He believes that a successful resolution of a case is only achieved if the client is satisfied with the result. He also believes that a satisfied client is one who is fully informed about the applicable law, facts, and available options. For this reason, Mr. Kohn is always accessible to his clients by phone and office visits. He is trustworthy, experienced, and aggressive.



Podcast: Play in new window | Download | Embed

Subscribe: RSS

FEATURE

Tax Planning For Attorneys With Mike Jesowshek, CPA (Ep.7)

Business, Education, Finance, Finances, Financial Advisor, Financial Planning, Investing, Lawyers, Retirement, Uncategorized, , , , , ,

Taxes are a major concern for many successful attorneys and law firm owners. 

In this episode, Darren Wurz talks with Mike Jesowshek, CPA, and host of the Small Business Tax Savings Podcast. He discusses how he can help you with tax planning, and also walks you through the journey to tax minimization.

Mike discusses:

  • How he helps business owners and attorneys with taxes
  • After-tax versus pre-tax dollars
  • What is unique about tax planning for attorneys
  • Five main steps in the journey to tax minimization
  • And more

Resources:

Connect With Darren Wurz:

Connect With Mike Jesowshek:

About Our Guest:

Mike is the Founder and Host of the Small Business Tax Savings Podcast. He has spent his entire career as an entrepreneur. Mike was CFO and co-founded several companies. Throughout that journey, he has experienced all business stages, from the good to the bad.

Mike’s mission is to help hard-working business owners overcome complex IRS rules and over-inflated tax bills so they can enjoy the fruits of their labor. This is how the Small Business TaxSavings Podcast was born.

Mike earned his Bachelor’s degree in Business Administration and Master’s degree in Accounting. He is a licensed CPA.

When Mike is not in the office you can find him spending time with family and friends. He is also an avid sports fan and you can often find him rooting for his Milwaukee Brewers, Wisconsin Badgers, Milwaukee Bucks, and Minnesota Vikings.



Podcast: Play in new window | Download | Embed

Subscribe: RSS

FEATURE

Outpacing Inflation Rates With Travis Wurz (Ep.5)

Business, Education, Finance, Finances, Financial Advisor, Financial Planning, Investing, Lawyers, Retirement, Uncategorized, , , , , ,

Inflation is simply the phenomenon of prices going up everywhere. But the reality is we don’t need to just keep up with the pace of inflation, we need to outpace inflation.

In this episode of The Lawyer Millionaire, Darren Wurz talks with Travis Wurz, a financial goal planner and consultant at Wurz Financial. They discuss how you might be impacted by inflation in your daily life and why it’s important to have some sort of risk managed strategy in place.

Travis discusses:

  • What inflation is and what causes it
  • Some of the biggest concerns on people’s minds with inflation on the rise
  • The two tools the government can use to deal with inflation
  • And more

Resources:

Connect With Darren Wurz:

Connect With Travis Wurz:

About Our Guest:

Travis Wurz specializes in serving business owners, realtors, and self-employed individuals. He primarily works out of the Toledo office. He is a graduate of the University of Toledo with a Bachelor’s degree in Financial Services. He has both his Series 7 and Series 66 licenses.

In his work with real estate professionals, he has found that his clients are interested in building up passive income. He helps his clients create a diversified income stream, build long term wealth, and plan for retirement.

Travis is passionate about continuing the family legacy of providing sound and intelligent planning services to our new and existing clients. He is active in his local community as a member of the Maumee Chamber of Commerce, The Chamber Partnership, and the Women’s Council of Realtors.

Podcast: Play in new window | Download | Embed

Subscribe: RSS

FEATURE

Retirement Planning for Lawyers (Ep.4)

Business, Education, Finance, Finances, Financial Advisor, Financial Planning, Investing, Lawyers, Retirement, Uncategorized, , , , , , ,

Most attorneys will eventually retire and you shouldn’t wait until the last minute to start planning for your retirement.

In this episode of The Lawyer Millionaire, Darren Wurz discusses the challenges you may be facing in the legal profession when it comes to your retirement planning.

Darren discusses:

  • Why attorneys procrastinate when it comes to retirement planning
  • Some of the biggest fears that attorneys have about retirement
  • The difference in planning for retirement as an attorney then it is for anyone else
  • The importance of having a good investment strategy
  • And more

Resources:

Connect with Darren Wurz:

Podcast: Play in new window | Download | Embed

Subscribe: RSS

FEATURE

The Biggest Financial Challenges in the Legal Profession (Ep.3)

Business, Education, Finance, Finances, Financial Advisor, Financial Planning, Investing, Lawyers, Retirement, , , , , ,

In the legal profession, there are some financial potholes that can trip up your planning. Do you set time aside to focus on you and your money?

In this episode of The Lawyer Millionaire, Darren Wurz discusses the challenges that people working in the legal profession experience when managing their money. He also provides tips on how to effectively manage your money.

Darren discusses:

  • The importance of investing and saving money early in your career   
  • How debt can hamper one’s ability to save money
  • The earning potential in the legal profession
  • The importance of having a financial advisor
  • And more

Resources:

Connect with Darren Wurz:

Podcast: Play in new window | Download | Embed

Subscribe: RSS

FEATURE

What It Looks Like to Help Attorneys to Achieve Financial Independence (Ep.2)

Business, Education, Finance, Finances, Financial Advisor, Financial Planning, Investing, Lawyers, Retirement, , , , , , ,

When you hear the words client experience, what do you think of? 

In this episode, we spend more time getting to know the host, Darren Wurz, MSFP, CFP®. He discusses what client experience means to him and his team at Wurz Financial Services, and shares the process he uses to help his clients plan for retirement. 

Darren discusses:

  • What it is like to be a client at Wurz Financial Services
  • Common questions clients have when it comes to retirement planning
  • The three step process to creating a financial plan
  • The importance of investing in powerful software for financial planning
  • How a client’s account is managed in his office
  • And more

Resources:

Connect with Wurz Financial Services:

Podcast: Play in new window | Download | Embed

Subscribe: RSS

FEATURE

Meet Your Host, Darren Wurz, MSFP, CFP® (Ep.1)

Business, Education, Finance, Finances, Financial Advisor, Financial Planning, Investing, Lawyers, Retirement, , , , , , ,

The highly anticipated podcast, named after the book “The Lawyer Millionaire”, has officially launched! 

In this inaugural episode, get to know your host, Darren Wurz, MSFP, CFP®. He highlights what led to the start of his business and what made him so passionate about creating successful financial plans for professionals working in law firms. Along with some insight into what’s to come on his show.

 Darren discusses:

  • How Wurz Financial Services was created – this includes following in his dad’s footsteps of being a financial advisor in the family business
  • How the majority of his clients turned out to be attorneys and how that reshaped his business entirely
  • The importance of investing time into understanding your clients’ needs and not treating every client with the same advice
  • How “The Lawyer Millionaire” is an extension of his business
  • And more

Resources:

Connect with Darren Wurz and Wurz Financial Services:

Podcast: Play in new window | Download | Embed

Subscribe: RSS