Collaborating to Manage the Golden Egg

The presentation below outlines Richard’s tried and true business practices that make him a trusted adviser to family offices. Topics include marketing yourself, networking, becoming a communications hub, listening, expressing gratitude, becoming a thought leader, and helping families create a legacy.

The presentation includes action items and challenges that will change how you think about the traditional ways of attracting and keeping clients.

Networking, Connecting and Transcending

The 2011 year’s race attracted over 8,000 participants. There were over 12,000 people at the finish line, and 5 course records were set.

The Oceanside Turkey Trot is becoming a local tradition as families come out the Oceanside pier for some exercise before their big Thanksgiving feast. Additionally, more than $30,000 was raised for local schools and charities, another record for the event.

Among the notable beneficiaries was the Austin Bice Memorial Scholarship Fund. Bice, a former Torrey Pines High School and San Diego State football player, as well as a triathlete, had competed in the Oceanside Turkey Trot for five years. After the exchange student was found drowned in Spain last March, his friends took up his cause. More than 220 ran in his memory for Team Austin Bice. It was the largest team in this year’s event by far. And, hundreds also selected his memorial fund as their race beneficiary, raising a significant amount for the fund.

Record-setting competition was the order of the day as David Edwards, 24 of San Diego, won the 5K by holding off five-time event champion Tom Kloos of Oceanside. But Edwards had to set a course record to do it. His winning time of 14:37 broke the former course mark of 14:53 set in 2010 by Kari Karlsson. Edwards finished 9 seconds ahead of Kloos, who won the Oceanside locals competition and shattered the local’s record of 15:56.

For the women 5Kers, Madeline Kramer, 24, also set a race record, finishing 18 seconds ahead of fellow Carlsbad resident Lindsey Drake. Kramer’s winning time was 17:02, a 5:28 mile pace.

In the 5 Mile Run, Oceanside’s Okwaro Raura, 36, was an easy winner in 25:27, a 5:05 mile pace and yet another race record. Raura finished 13 seconds ahead of runner-up Mario Mendoza, 25, of Cambria.

For the women, Claire Rethmeier, 25, of Escondido, won easily in 28:49, a 5:45 per mile pace and the fifth course record. Triathlete Michellie Jones, 42, took second in 30:05, one second faster than Brooke Giuffre.

The 8,000 runners easily exceeded past records here, and the crowd was teeming with an array of Thanksgiving-themed costumes, infusing the race with the holiday spirit.

November 27, 2011

Sunday, November 27th, Richard and Joe interviewed Gary Aguirre. Mr. Aguirre primarily assists clients throughout California with investor and whistleblower claims involving banks, hedge funds, mutual funds, private equity funds, brokers, and other financial institutions. He focuses on claims arising out of market abuse (e.g., market manipulation, flash trading, insider trading, naked shorting), investment fraud, bribes to foreign officials under the Foreign Corrupt Practices Act (FCPA) and the filing of false claims under federal or California law (qui tam statutes).

His June 2006 testimony  before the Senate Judiciary Committee described in detail how lax SEC enforcement was allowing Wall Street to recreate the conditions that delivered the 1929 Crash. In October 2007, as keynote speaker in an international securities conference, Mr. Aguirre warned a Wall Street audience of 800 that the same two dynamics that delivered the 1929 Crash—market abuse and Wall Street leveraging—were unchecked by regulators and out of control.  One month before Bear Stearns collapsed, his letter warned the Senate Banking Committee the nation’s banks and in particular Bear Stearns was at risk due to off-the-balance-sheet exposure in subprime debt and “$42 trillion in CDS [which] differ little from gambling.” In September 2008, Mr. Aguirre anchored a debate team at the Sibos conference, one of the world’s largest banking conferences, on the causes of the financial crisis. On September 28, 2008, Mr. Aguirre circulated an email to the leadership of key Congressional committees describing why the “bailout bill” is “Main Street’s Gift to Wall Street.” The following day, September 29, 2008, Mr. Aguirre’s projections on the costs of the bailout were cited on the floor of the House during the debate over TARP.

In keeping with Richard’s commitment to giving back to the community, he teamed up with Kathy Kinane to establish the “Move Your Feet Before You Eat” Foundation in 2007. Richard said on his show, “We call ourselves ‘Move Your Feet Before You Eat’ because the whole message behind our foundation is to encourage daily physical activity particularly up in the Oceanside community where we run our biggest race, but for anyone, regular exercise as well as a good diet is very important.”

The Move Your Feet Before You Eat Foundation is a 501(c)(3) non-profit organization benefiting local schools and charities.

LISTEN TO PODCAST

Listen to a podcast of Kathy Kinane’s interview!

November 20, 2011
Richard and Joe discuss Richard’s “Move Your Feet Before You Eat” foundation, and they are joined in the studio by the foundation’s co-founder, Kathy Kinane.

Richard and Joe interview Rich Gaines of Legacy Legal. This law firm has been helping families navigate the confusing waters of family trusts, estate planning, and much more.

LISTEN TO PODCAST

Listen to a podcast of Rich Gaines’s interview!

November 13, 2011

Richard and Joe are joined in studio by Paul Spitzer, founding partener of Advanced Practice Advisors.

LISTEN TO PODCAST

Listen to a podcast of Paul Spitzer’s interview!

November 6, 2011