Facet CEO Anders Jones: the biggest heist in finance and the great boomer wealth transfer

Anders Jones is the CEO and co-founder of Facet, a fintech company built to bring high-quality, flat-fee financial advice to an underserved market: the mass affluent. Facet has raised over $250M and manages more than $7B. Anders has seen the real finances of tens of thousands of households. ---------------------------- 00:00 Introduction to Anders Jones and Facet 01:30 Insights from Financial Planning: Permission and Anxiety Relief 03:09 Wealth Creation and Loss: Common Patterns 05:48 The Wealth Transfer: Small Businesses and Estate Planning 08:58 The Role of Technology in Financial Management 12:03 Behavioral Finance: Spending, Saving, and Happiness 14:00 The Ethics of Financial Advisory Fees 18:58 The Future of Financial Advisory: AI and Human Interaction 23:59 The Annuity Debate: Pros and Cons 33:25 Access to Alternative Investments 34:59 The Changing Landscape of Wealth 36:53 The K-Shaped Economy and Investment Access 38:45 Innovations in Investment Platforms 40:23 Diversification and Risk Management 44:22 Understanding Retirement Accounts 49:07 The Role of AI in Financial Management 55:00 Challenging Conventional Wisdom in Entrepreneurship ---------------------------- Auren Hoffman is CEO of NQB8, GP at Flex Capital, Chairman of Dialog; former CEO of SafeGraph and LiveRamp (NYSE: RAMP). Subscribe to Summation for weekly episodes on technology, business, and innovation. Anders' socials: X: https://x.com/andersjones?lang=en Linkedin: https://www.linkedin.com/in/anders-jones/ Auren's socials: X: https://x.com/auren?lang=en Linkedin: https://www.linkedin.com/in/auren/ Substack: https://auren.substack.com/