Welcome to the 9Innings Podcast where we Educate, Empower and Engage.

ON THIS WEEKS PODCAST: Kevin describes why he decided to open his own RIA, and what lead to his move. He also talks about what he discovered after the move was made, and talk some "Fact vs Fiction". Companies will often make you feel as if you cannot live without them, Kevin takes you on his journey and why that "may" not be true. Website: http://www.9icapitalgroup.com

In this episode of the "9innings Podcast," Kevin Thompson, founder and CEO of 9i Capital Group, discusses the evolving regulatory landscape in the financial services industry with Tracy Lownsberry, owner of Up North Retirement. We delve into the implications of Regulation Best Interest (RBI) and the fiduciary standard, examining the shift from commission-based to fee-based models and the complexities of financial advisory titles.

The conversation highlights the need for transparency, standardized commission structures, and continuous education to better serve consumers. Tracy advocates for clearer regulations and accountability in the insurance industry to enhance consumer protection and advisor competence.

Regulation Best Interest Overview (00:02:12) ..

Personal Experience with Regulation (00:04:20)

Regulation of Financial Titles (00:07:26)

Disclosure Issues in Commissions (00:10:10)

Disclosing Commissions from Top to Bottom (00:14:11)

Impact of Regulation on Compensation (00:19:27)

Fiduciary Standard Debate (00:20:38)

The Need for a Fiduciary Standard (00:25:00)

Regulatory Challenges in the Industry (00:26:44)

Superiority Complex in Financial Services (00:28:06)

Future Vision for the Insurance Industry (00:30:27)

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In this episode of the "9innings Podcast" we discuss the Disruption Blueprint. Kevin Thompson, CEO of 9i Capital Group LLC, and Shannon Spotswood, the CEO of RFG Advisory, discuss the evolving Registered Investment Advisor (RIA) industry. They explore themes of disruption, innovation, and the impact of private equity. Shannon emphasizes the importance of helping independent advisors grow without compromise, leveraging technology, and maintaining strong client relationships. She shares insights on navigating industry challenges, the role of private equity, and the need for advisors to adapt and innovate. The episode concludes with optimism for the future of the RIA space.

Reflection on Career Journey (00:01:00)

Disruption in the RIA Industry (00:04:12)

Challenges in the RIA Space (00:06:43)

Private Equity Dynamics (00:10:39)

Concerns About Aggregation Models (00:12:05)

Competition and Unique Value (00:15:32)

RFG's Growth Services (00:19:05)

Future of the RIA Industry (00:26:17)

Generational Wealth Transfer (00:27:43)

Long-Term Vision for Advisors (00:28:39)

The Ascent vs. The Summit (00:33:44)

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Website: http://www.9icapitalgroup.com

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In this podcast episode, Kevin Thompson RICp®, CFP® discusses the insurance industry's opposition to the Regulation Best Interest (RBI) rule established by the SEC. He explains that the Reg BI rule mandates broker-dealers to act in the best interest of their retail customers, enhancing transparency and accountability in financial advising.

Kevin critiques the insurance lobby's resistance, highlighting concerns about increased regulatory burdens, potential sales reductions, and conflicts with state regulations. He advocates for a standardized fiduciary approach to ensure consumer protection and emphasizes ongoing engagement and support for clients.

Discussion on Best Interest Contract (00:01:13)

Overview of Regulation Best Interest (00:02:00)

Key Components of Regulation Best Interest (00:03:09)

Insurance Lobby's Opposition (00:04:48)

Impact on Commission-Based Models (00:07:58)

Lack of Clarity in Regulation (00:09:10)

Fiduciary Standard vs. Suitability Standard (00:10:25)

Ongoing Client Engagement (00:11:16)

Future Conversations on the Topic (00:12:17)

Conclusion and Call to Action (00:13:08)

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WELCOME TO THE 9Innings PODCAST...

In this episode of the "9inningsPodcast," Kevin Thompson, founder and CEO of 9i Capital Group, discusses the potential for a recession. He examines economic indicators, market reactions, and Federal Reserve actions, providing a comprehensive overview of the current economic landscape. Kevin explains the dual mandate of the Federal Reserve and the significance of the bond market, using the metaphor of "Betelgeuse" to illustrate how recession fears can become a self-fulfilling prophecy.

The episode aims to educate listeners on economic dynamics and the potential impact of Federal Reserve decisions on market stability.

Understanding Recession (00:02:08) Defines recession and discusses the technical aspects of GDP and employment trends.

Federal Reserve's Actions (00:03:24) Examines the Fed's dual mandate and recent interest rate hikes to stabilize prices.

Market Reactions (00:04:25) Discusses how an inverted yield curve signals expectations of a slowing economy.

Bond Market Dynamics (00:05:40) Analyzes current bond market behavior and shifts in investor strategies.

Federal Reserve's Challenges (00:07:58) Highlights the Fed's need to manage market volatility without political implications.

Impact of Media on Investor Behavior (00:09:09) Describes how media narratives influence investor spending and business decisions.

Economic Insights (00:10:28) Summarizes the implications of rising prices and unemployment on the economy.

Closing Thoughts (00:11:34) Speculates on recession likelihood, Fed actions, and the nature of market dynamics.

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In this episode of the "9innings Podcast," we broach the topic of "spoofing," a scam where fraudsters disguise their identity to deceive individuals into revealing personal information.

The episode provides insights into various spoofing methods, signs to watch for, and practical tips on protecting oneself from such scams, emphasizing the importance of education and vigilance. From Tiktok to Facebook, many individuals have fallen victim to spoofing, and we are here to provide context to what spoofing is, how to recognize it, and how to not fall victim to this fraud.

Understanding Spoofing (00:00:58) Definition of spoofing and how malicious parties disguise their identity.

A TikTok Story of a Spoofing Scam (00:02:50) A speaker shares her emotional experience with a spoofing scam involving Wells Fargo.

How Spoofing Works (00:04:29) Kevin explains the mechanics of caller ID spoofing and its prevalence.

Types of Spoofing (00:06:07) Overview of email, text message, and website spoofing techniques.

Why Spoofing is Effective (00:08:34) Discussion on trust factors and urgency that make spoofing successful.

Signs of Spoofing Scams (00:09:37) Common indicators that suggest a potential spoofing scam.

Protecting Against Spoofing (00:12:23) Advice on verifying sources and avoiding sharing personal information.

Steps to Take if Scammed (00:14:29) Recommended actions if you suspect you've been a victim of spoofing.

Recap and Final Advice (00:16:34) Summary of key points discussed and encouragement to stay vigilant.

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Welcome to the 9Innings Podcast where we Educate, Empower and Engage.

ON THIS WEEKS PODCAST: In this episode of the 9innings podcast, Kevin Thompson, founder and CEO of 9i Capital Group, delves into the rise of financial influencers and the importance of discerning credible advice from misinformation.

He stresses verifying the credentials of online financial advisors through platforms like BrokerCheck and the SEC website. Thompson advises conducting background checks via social media and analyzing content quality to assess influencers' credibility. He warns against clickbait tactics and fake reviews, urging listeners to seek guidance from certified professionals and reputable organizations like the Financial Planning Association (FPA) and National Association of Insurance and Financial Advisors (NAIFA).

Industry Registration (00:02:28)

Background Check (00:07:08)

Content Analysis (00:08:16)

Engagement Quality (00:10:54)

Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA

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Website: http://www.9icapitalgroup.com

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In this episode of the 9innings Podcast, host Kevin Thompson, founder and CEO of 9iCapital Group, delves into the expiration of the Tax Cuts and Jobs Act (TCJA) and its ramifications for small business owners. Thompson outlines the key components of the TCJA, including tax rate reductions, the Section 179 deduction, the Qualified Business Income (QBI) deduction, corporate tax rates, and bonus depreciation. He emphasizes the importance of understanding these potential changes, which could take effect in 2026, and provides a detailed analysis to help small business owners navigate the impending tax landscape.

Overview of the Tax Cuts and Jobs Act (00:02:26)

Impact of TCJA expiration on small businesses (00:03:34)

End of the qualified business income deduction (00:06:05)

Potential changes in corporate tax rate and bonus depreciation (00:08:36)

Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA

linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/

X: https://x.com/MLB2CFP

facebook: https://www.facebook.com/MLB2CFP

Website: http://www.9icapitalgroup.com

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