Financial Advisor – The Life By Design Podcast

Safeguard Your Finances from Scams (Ep. 91)

By The Life by Design Podcast | February 14, 2024

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Have you ever gotten a call from your bank or the government asking for money to protect your identity or finances? Or heard about scams like these in the news? How can you prevent yourself from falling prey to these predators?

Royal Standley tackles the pressing issue of identity theft and scams, providing practical tips and real-life scenarios to help listeners safeguard themselves. He highlights the necessity of proactive measures such as secure mail handling and document shredding, while cautioning against deceptive practices like fraudulent urgent calls, and stresses the importance of skepticism and verification.

Royal discusses:

Identity theft and scams, what they look and sound like, and who they target
Practical steps to help you prevent identity theft
How technology is used to protect you but also can be an advantage for the scammers
The steps to take if you become a victim of identity theft
And more

Reference:

LifeLock

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Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action. Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change. All investing involves risk, including the potential for loss of principal. Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.

From Bankruptcy to Financial Success with Chris Bautista (Ep. 89)

By thelifebydesignpodcast | October 11, 2023

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Your financial advisors aren’t that much different from you. They deal with their own financial struggles and face their own problems when it comes to money. That personal experience can even help them advise clients better in the future.

In this episode, Royal Standley is joined by Chris Bautista, of Oregon Pacific Financial Advisors, who shares his background and experiences with financial struggles and bankruptcy. Chris shares his journey of owning a business and subsequently losing it during an economic downturn before finding his new path in life.

Chris discusses:

His professional background leading up to how he became a financial advisor
How his experience with bankruptcy shaped his interactions with clients
The importance of balancing personal life with financial advising
How different generations interact with money and why
Why he chose to become a financial advisor and become certified
And more

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Connect with Chris Bautista:

About Chris Bautista:

Chris Bautista is a passionate and results-driven professional in the financial services industry with a deep understanding of the intricate world of finance. With extensive experience working with both individuals and businesses, he is committed to helping his clients achieve their financial goals and navigate the complexities of today’s economic landscape. Chris’ expertise lies in providing personalized financial advice, developing tailored strategies and implementing effective wealth management solutions. By leveraging his knowledge and staying abreast of the latest market trends, Chris strives to deliver comprehensive and innovative financial solutions that empower his clients to make informed decisions and secure their financial futures.

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From CNN to Podcasting: Bill’s Transition to a More Intimate Medium With Bill Tucker (Ep. 85)

By thelifebydesignpodcast | August 16, 2023

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When it comes to podcasting, there are typically two groups of people talking. The main speakers share their insights on specific topics and the podcast host, is someone who keeps the topics flowing with questions and insights.

In this episode, Royal Standley interviews the latest addition to his podcast, Bill Tucker, a podcast producer with Proudmouth and an award-winning reporter. Bill shares his extensive background in the media industry, including his career in radio and his transition to working as a producer for CNN’s business news division, along with his time as a commodity broker and shares insights about trading and risk tolerance.

Bill discusses:

His background in the media industry
His journey from a stained glass artisan to the vice president of CNN’s Business News
His perspective on financial journalism and investment philosophy
Why he chose to transition into the podcasting medium
And more!

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Connect with Bill Tucker:

About Bill Tucker:

Bill’s media journey began in a small FM Radio station in Texas, and it’s led him to be a Podcast producer at ProudMouth!

His experience is vast in the world of media including, a television news producer, (George Foster Peabody winner), a television news reporter (Emmy award winner and three-time nominee)

As a news executive, he co-led the team which built and launched television’s first digital network, CNNfn, blogged on energy for forbes.com, interviewed CEOs for the NASDAQ CEO Signature Series, hosted radio shows on religion, faith, and on business

His experience does not end there. He has written for print media, served as executive producer and host for network shows, and created stories for social media posts that have garnered hundreds of thousands of views.

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Exploring The Impact of Boys Town: Advocacy for Juvenile Justice Reform with Aric Johnson (Ep. 84)

By thelifebydesignpodcast | August 2, 2023

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Boys Town has been working with kids and families since 1917, helping individuals involved in the court system to build towards a successful future with the ultimate goal being family reunification.

In this episode, Royal Standley turns the tables to interview his own podcast producer and host, Aric Johnson, President & CEO of AXIS Coaching and Consulting as well as a producer with Proudmouth. Aric shares his experiences working with Boys Town, an organization that provides opportunities for youngsters involved with the court system.

Aric talks about:

The importance of providing at-risk youth with education and extracurricular activities to increase their chances of success
How Boys Town creates an enriched environment for individuals and families
How he shares his financial knowledge with his family
Why teaching young individuals about financial well-being is important for their personal growth

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Connect with Royal Standley:

About Aric Johnson:

Aric Johnson is extremely passionate about helping others find success and fulfilment in all they do. He has been coaching and mentoring for over 20 years and finds his greatest fulfillment when helping others achieve more. Aric started his own coaching and consulting company in 2015, a second company focused on teaching BRI to advisors and joined ProudMouth as one of their podcast producers.

Who is Royal Standley and Who Does He Help? (Ep. 83)

By thelifebydesignpodcast | July 19, 2023

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When meeting with a financial advisor, you are focused on building a financial and retirement plan based on numbers. Who is the person you are working with beyond the numbers?

In this episode, financial advisor Royal Standley of Oregon Pacific Financial Advisors discusses his background, passion, and career in financial services. He specializes in retirement and business planning, emphasizing active engagement and hosting educational events on topics like cybersecurity along with his involvement in the community.

Royal discusses:

Who he focuses on helping develop their retirement plans
How he educates clients and potential clients outside of the financial information
What he likes about his home in Oregon and what he does outside of work hours
How his clients approach generational issues
And more

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Resources:

Will Your Estate Plan Survive a Stress Test? (Ep. 81)

By thelifebydesignpodcast | June 7, 2023

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Creating a financial or estate plan is never a one-and-done endeavor. How can advisors help identify the potential problems in a plan and correct the problem before it happens to the client?

In this episode, Royal Standley focuses on stress testing financial and estate plans to ensure the clients have saved enough for the lifestyle they are accustomed to. Royal shares how he helps clients identify their needs and discover possible problems before they happen.

Royal discusses:

The basics of estate planning documents and their importance
What he looks for when identifying a clients estate and updating financial plans
Why stress testing financial and estate plans is essential in identifying financial gaps
What questions do advisors ask to adapt the financial plans for their client’s goals
And more!

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Resources:

The Problem with Hitting the Government Debt Ceiling (Ep. 80)

By thelifebydesignpodcast | May 25, 2023

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Most people don’t know that the government has hit the debt ceiling and the Treasury Department is struggling to balance the finances. What does this mean for the rest of America?

In this episode, Royal Standley explores what it means to hit the debt ceiling and why it is a big deal if there is no solution. He shares how hitting the debt ceiling impacts different levels of individuals, from government bodies to regular consumers, and how it impacts financial planning.

Royal focuses on:

What debt ceiling is and why was it created
Conservative versus Liberal viewpoints on the amount of debt owed by the government
What could be a resolution with two conflicting parties
What can listeners do with their own finances to guard against this type of scenario
And more

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2023 So Far: Analyzing Common Concerns and Trends (Ep. 78)

By thelifebydesignpodcast | May 10, 2023

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During the first few months of this year, there has been a lot of news causing financial uncertainty and impacting the country’s economy.

Is the rise of the Chinese Yuan something we should be concerned about? What movements are we seeing in the stock and bonds markets? Is it a good idea to invest in precious metals to cope with uncertainty?

In this episode, Royal Standley analyzes the topics that have stood out the most in the first part of the year and those that have also generated panic and uncertainty in the market. Royal talks about the importance of planning and organizing our wealth during advanced ages of life, the current situation of the uncertainty of the US dollar with the rise of the Yuan, and the actuality in the stock and bonds markets.

Royal discusses:

Common concerns related to the banking system, currency, and national debt
An increase in dementia diagnosis and the need for planning and having conversations about long-term care early on as cognitive decline is a natural part of aging
The concern about the potential impact on the US economy if the Yuan were to rise and the US dollar were to fall
Why individuals should be cautious when buying precious metals as a way of coping with the currency uncertainty
How social media only covers panic in the markets and ignores factors that create stability
The current state of the stock and bond markets
The importance of having a diversified portfolio
And more!

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How Financial Advisors Plan Through the Client’s Life Journey (Ep. 77)

By thelifebydesignpodcast | April 5, 2023

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As you move through life your financial situation changes. Maybe you change careers, start a family or experience a life-changing situation. No matter what happens, a financial advisor can help you stay on track.

In this episode, Royal Standley explores the relationship between advisor and client through the planning process. Royal shares a story to illustrate the process from the first meeting through planning for retirement and eventually bringing in the next generation as the client nears the end of their life.

Royal discusses:

The story of how one client came to the company
How advisors provide direction for the client’s financial plan based on their wants and needs
The next step of planning at the end of the client’s life
Why speaking with a financial advisor helps clients turn their ideas into reality
And more

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Building a Home Out of Roadblocks with Michele Farrell (Ep. 76)

By thelifebydesignpodcast | March 15, 2023

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After joining Oregon Pacific Financial Advisors over a year ago and with over 20 years of experience in the financial planning and insurance space, Michele Farrell has dug her roots in the industry by connecting with other professionals such as CPAs, estate planning attorneys and insurance professionals.

From picking herself up off her feet after a sudden death in her family, she was able to turn that despair into a learning moment by understanding their insurance needs and how she could help her loved ones move forward.

In this episode, Michele discusses:

What motivated her to become a financial planner and her prior experience in this industry
Some key differences that set her apart from other financial advisors
Her story of empowering women and becoming a significant leader among women in this industry
Her approach to aiding and guiding clients through their financial lives
And more

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Connect with Royal Standley:

About Michele Farrell:

Michele’s passion and mission is to lead, inspire and educate women about financial literacy; to provide the tools necessary to lead a life of financial freedom. By helping women understand how money works, they can grow, protect their nest egg and leave a legacy for generations to come. Women gift so much to the world and yet so often are overlooked when it comes to financial planning. Through her educational approach, she empowers women to protect their dreams and live their purpose.

Michele’s work was recognized by the Los Angeles Tribune in 2020 as Financial Advisor of the Year “…for consistently putting the well-being of the community and her clients as her top priority.” She continues this work because she believes you deserve the absolute best when it comes to your hard-earned money, and should accept nothing less.

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How to Find the Right Advisor for Your Planning Needs (Ep. 75)

By thelifebydesignpodcast | February 15, 2023

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Financial planning designations are an alphabet soup of letters that aren’t always explained. How do you choose the right advisor for your planning needs?

In this episode, Royal Standley focuses on what the different designations mean, both for the advisor’s education and for the clients looking to find the right advisor. Royal explores how having more designations isn’t always the best option for providing great advice or time management.

Royal discusses:

What the different titles for financial advisors mean for the services they provide
Why finding a focused advisor rather than an advisor with multiple licenses can provide a better planning experience
The importance of transparency between the client and their advisors
How the advisor’s education impacts the way they advise their clients

Resources:

Investopedia

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69. Q&A on Financial Planning

By thelifebydesignpodcast | March 30, 2022

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If you are just starting your financial planning or preparing for retirement, there are always questions on what to do and how to prepare your financial future.

In this episode, Royal Standley answers some of the financial planning questions sent in by you. He dives into some of the uncertainties clients feel during the financial planning process to help you live a relaxing retirement.

Royal discusses:

When you should involve a financial advisor
How to utilize FINRA’s BrokerCheck when finding the best advisor for you
The difference between Roth IRAs and traditional IRAs
The basics of retirement planning
And more

Resources:

BrokerCheck by FINRA

Connect with Royal Standley:

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

Withdrawals from a Traditional IRA prior to age 59 ½ will be subject to ordinary income tax and may also incur a 10% penalty tax unless an exception applies.

Contributions to a Roth IRA are subject to income limitations. You may take nontaxable withdrawals from a Roth IRA if you are at least 59 ½ and the account has been held at least 5 years. Otherwise, earnings withdrawn may be subject to ordinary income tax and a 10% penalty.

67. Simplifying Financial Planning

By thelifebydesignpodcast | February 23, 2022

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Everyone has heard the term financial planning over and over again. But do you truly understand financial planning as a whole?

In this episode, Royal Standley shares what financial advising truly is, diving into what to look for as a client and the steps a financial advisor takes to create a financial plan. He reveals some of the fears and worries of clients, how financial advisors create a personalized financial plan, and identifies the next steps after a plan is put in place.

Royal discusses:

How to determine if a financial advisor will focus on you
Existing worries and fears of clients
How financial advisors reduce risk when faced with uncertainty
The steps after creating the financial plan
And more

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