In the inaugural episode, we introduce you to our show host, Ryan Ruff, as well as Managing Partners of Monon Wealth, Darrick Hutchens and Ray Kramer.
With one of the most financially tumultuous years now behind us, there is a great deal of uncertainty surrounding finances. Whether it was the COVID-19 pandemic, the controversial Presidential Election of 2020, or other factors, many people are wondering how to responsibly position their finances for success in 2021.
Allow Darrick and Ray to help put your mind at ease and explain the benefits of stress testing. Through a robust and in-depth analysis, Darrick and Ray tap into their four decades of combined experience in the financial sector and review your personal or business finances to help calculate the right financial maneuvers given your future goals.
So sit back, relax, and enjoy a thought-provoking conversation surrounding a process you should be considering today for your own financial portfolio.
00:05 - Show overview and introducing Darrick Hutchens and Ray Kramer
03:08 - What individuals and families should be doing right now
05:30 - Why this process is so valuable
08:00 - The three main ways that stress tests can be utilized
10:15 - An example of what prompted someone to discuss stress testing with them
18:13 - An example of how a stress test helped a client from making a mistake
23:36 - How Darrick and Ray tap into the human element during stress tests
28:56 - How their team gets deep into the heart of their clients' goals
32:23 - A lesson that can be learned from the super rich
34:40 - What the discovery process and initial questions look like
36:25 - What kind of analysis clients leave with after completing a stress testing process
40:43 - Closing remarks
Connect with Darrick and Ray: