Best Peter Lazaroff Podcasts (2025)

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The legal side of selling to PE: setting expectations the right way 1:01:32

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1d ago1:01:32

1:01:32

Let's discuss the legal intricacies of exiting a practice, particularly in the context of private equity transactions. On this episode, David Cohen and I explore the importance of managing expectations for sellers, understanding the valuation process, and the implications of debt and real estate ownership in practice sales. Our conversation emphasi…

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Bond Funds vs Individual Bonds: What’s Best for Your Portfolio? (EP.223) 14:34

6d ago14:34

14:34

Wondering if you’re making the right financial moves? Let’s build a strategy you can rely on. Schedule a call with Peter to get professional guidance. ----- When it comes to bonds, investors often face a tough question: should you own individual bonds or stick with bond funds? In this episode of The Long Term Investor, I break down the trade-offs a…

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Selling with integrity: Dr. John Abbondaza's journey of ownership up to and through a sale to private equity 1:00:23

8d ago1:00:23

1:00:23

Selling to PE can be conflicting for some owners. On this episode, Dr. John Abbondanza discusses the decision-making process, the importance of understanding one's values, and the impact of the sale on his team and patients. The conversation delves into the nuances of private equity in optometry, the significance of communication during transitions…

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M&A, Valuations, and the Future of RIAs — A Conversation with Ian Wenik (EP.222) 32:33

13d ago32:33

32:33

Ready to hire an advisor? Whether it’s for retirement planning, proactive tax planning, or navigating complex financial decisions, see how our team at Placorp can help. Schedule a call with Peter now. ----- What’s it really like to cover the RIA and wealth management industry from the inside? In this episode, I talk with Ian Wenik, Editor at Citywi…

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Manage Yourself More Than Your Portfolio | Hanna Horvath - E116 1:08:31

13d ago1:08:31

1:08:31

Today, Jesse is joined by Hanna Horvath—Certified Financial Planner, managing editor at Bankrate, and author of the Your Brain on Money newsletter—for a deep dive into the psychology behind our financial decisions and why money is never just about numbers. Together, they explore how unconscious “money scripts” formed in childhood shape lifelong hab…

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Hidden financial compression squeezing optometry practices in 2025 (guest appearance on Power Hour) 59:23

15d ago59:23

59:23

In this eye-opening episode of The Power Hour, host Eugene Shatsman welcomes back Adam Cmejla, Certified Financial Planner, Founder and Owner of Integrated Planning & Wealth Management, and Host of 20/20 Money Podcast — to pull back the curtain on the relentless “compression” squeezing optometry practices right now. As a reminder, you can get all t…

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Muni Bonds Explained: How To Incorporate Tax-Free Income With Investing For Retirement (EP.221) 16:38

20d ago16:38

16:38

Municipal bonds can be a powerful tool for high-income investors, but only when used thoughtfully. In this episode, I explain how to evaluate muni bonds with tax-equivalent yield, the difference between general obligation and revenue bonds, and why I avoid state-specific and high-yield issues. I also share Plancorp’s implementation approach and giv…

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Is an 8x multiple on a $1M EBIDTA a good deal? A transition convo with Nathan Hayes 1:05:47

22d ago1:05:47

1:05:47

Welcome to this episode of 20/20 Money! My guest on today's show is Nathan Hayes. In this episode, we discuss the complexities of business valuation and exit planning for optometry practices. We explore the importance of understanding cash flow, market multiples, and the necessity of being exit ready at all times. The conversation delves into the f…

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Can AI Keep Driving the Stock Market Higher? Callie Cox Explains (EP.220) 35:41

27d ago35:41

35:41

Get updates for my new book: https://Theperfectportfoliobook.com ----- AI has fueled massive gains for Big Tech, but can one sector really carry the market forever? In this episode, I’m joined by Callie Cox, Chief Market Strategist at Ritholtz Wealth Management, to explore the tension between Wall Street’s AI-fueled optimism and the realities of a …

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Where Investors Go Wrong: Tax Traps, Math Mistakes, and Behavioral Biases - E115 1:10:29

27d ago1:10:29

1:10:29

Today, Jesse goes solo for a candid episode unpacking the most common mistakes and misconceptions he sees in personal finance, from the temptation to “rip off the bandaid” with Roth conversions to the behavioral traps of availability bias and flawed math around investment returns. He breaks down a real listener case study to show why paying million…

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How OD practice owners should think about long term care insurance with Bryan Langdon, CLU 1:05:12

29d ago1:05:12

1:05:12

Long term care (LTC) is a complicated, misunderstood, and emotional topic for any family to discuss. Even if you're a younger listener and think "Oh, this episode isn't applicable to me," I'd still encourage you to give it a listen as the topic of LTC is generational. On today's episode, Bryan and I discuss the basics of what LTC is and what it's n…

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Mutual Funds vs ETFs vs SMAs: Which is the Best For You? (EP.219) 27:22

1M ago27:22

27:22

Check out the best podcast show notes on the internet at www.thelongterminvestor.com ----- Mutual funds, ETFs, and SMAs all give you access to the market — but the way they handle taxes, costs, and control can lead to very different outcomes. In this episode, I break down how each vehicle works, where it shines, and when it falls short. If you’ve e…

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Hidden gems in retirement planning: what practice owners might be missing after the sale with Taylor Schulte, CFP® 50:33

1M ago50:33

50:33

Welcome to this episode of 20/20 Money! My guest on today's show is Taylor Schulte, CFP®, host of the Stay Wealthy Retirement Show Podcast. In this episode, we discuss the often-overlooked aspects of retirement planning, focusing on the importance of understanding blind spots, the need for purpose in retirement, and the role of community. We explor…

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How Evidence-Based Advice Adds Up to 3% In Net Returns With Fran Kinniry (EP.218) 35:54

1M ago35:54

35:54

Not all financial advisors are created equal. Before you hire one, make sure you’re asking the right questions. Use my structured interview worksheet to compare advisors and avoid costly mistakes. Get it free. Vanguard’s Advisor’s Alpha framework just turned 25—and few people know its impact better than Fran Kinniry, the study’s original architect.…

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The Risks and Rewards of Quitting Your Career | Kelan Kline - E114 1:03:56

1M ago1:03:56

1:03:56

Today, Jesse is joined by Kelan Kline, co-founder of The Savvy Couple, who shares his entrepreneurial journey from working as a jail deputy to building a successful online personal finance brand, emphasizing the importance of leveraging scalable income streams to achieve financial freedom. Kelan explains how entrepreneurship allows for more growth …

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A simple strategy to make the pain of quarterly estimates less (emotionally) stressful for optometry practice owners 38:48

1M ago38:48

38:48

If you’ve ever wondered how to take some of the emotional sting out of estimated tax payments, this episode is for you. I share a simple yet impactful way to manage your cash flow, a simple formula to help you better estimate your estimated payments, and how to segregate your savings to give you a clearer picture of your cash-on-hand to make your q…

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Reset Your Portfolio Expectations (Before It’s Too Late) (EP.217) 36:49

2M ago36:49

36:49

Get updates for my new book: https://Theperfectportfoliobook.com ----- Recently, I joined Jesse Cramer on The Best Interest Podcast for a conversation on volatility, investor behavior, and how to avoid overreacting to headlines. We unpack why market noise can distort long-term plans and what to do when your risk tolerance feels misaligned with your…

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Lessons from the (former) President of TSO: cooperative strategies to counter PE disruption and empower private practice ownership with John Marvin 1:14:45

2M ago1:14:45

1:14:45

My guest today is John Marvin, former President of TSO (Texas State Optical). John joins me to talk about two intertwined issues reshaping private-practice optometry: the accelerating influence of private equity and the growing challenge of recruiting—and retaining—enough ODs to meet patient demand. We explore the cultural and financial trade-offs …

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The Power of Humility in Investing with Dan Rasmussen (EP.216) 39:51

2M ago39:51

39:51

Get updates for my new book: https://Theperfectportfoliobook.com ----- Dan Rasmussen, author of The Humble Investor, joins me to unpack the overlooked superpower of humility in investing. We discuss why market forecasts often go wrong, how overconfidence fuels financial mistakes, and where conventional wisdom can lead investors astray. Dan also rev…

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How to Be Smart About Inheritance Planning | AMA #8 - E113 1:20:45

2M ago1:20:45

1:20:45

Jesse tackles six thoughtful listener questions spanning a range of personal finance topics. He begins with a question about using Social Security and pension payments as a means to replace bonds in a retirement portfolio. Why do we own bonds, anyway? Then Jesse dives into long-term care insurance, a common sticky topic for aging retirees. Do they …

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2024 Books & Benchmarks Report Discussion with Nathan Hayes 1:06:58

2M ago1:06:58

1:06:58

Welcome to this episode of 20/20 Money! My guest on today's show is Nathan Hayes. Nathan joins me on the show to do a deep dive into 2024's Books & Benchmark's annual report. He shares ranges of the numbers that practice owners should really care about and should be tracking: COGS, non-OD staff expense, Associate OD comp ranges, occupancy costs, an…

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Why Tax Benefits Shouldn’t Drive Your Investment Decisions with Adam Cmejla (EP.215) 41:55

2M ago41:55

41:55

See exactly how I invest my own money. I break down my asset allocation, cash reserves, and why I keep my portfolio simple. Download the guide now. ----- I recently joined the 20/20 Money podcast to explore Opportunity Zones—investment vehicles known for their attractive tax benefits, but often misunderstood risks. As we dissect several real-world …

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Are Opportunity Zones really an opportunity or is the tax tail wagging the investment dog with Peter Lazaroff, CFA, CFP® 46:11

2M ago46:11

46:11

Welcome to this episode of 20/20 Money! My guest on today’s show is Peter Lazaroff, CFA, CFP®. Peter joins me to examine whether the much-touted tax benefits of opportunity zones (OZs) justify the risks required, or if investors are letting the “tax tail” wag the investment dog. We cover how OZs work, what the new One BBB Act means for the program’…

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The Wealth Ladder: How Income, Spending, and Happiness Are Connected With Nick Maggiulli (EP.214) 33:06

2M ago33:06

33:06

Most financial mistakes happen because people don’t see the full picture. My Net Worth Worksheet helps you track everything in one place—so you stay informed. Get it now. ----- In this episode, Nick Maggiulli, author of the acclaimed finance blog Of Dollars and Data, joins me to unpack his groundbreaking new book, The Wealth Ladder. We dive into fr…

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Reset Your Portfolio Expectations, Before It's Too Late | Peter Lazaroff - E112 54:45

2M ago54:45

54:45

Jesse welcomes back Peter Lazaroff to discuss the psychology and strategy of investing during uncertain times. They explore how media narratives and recession fears can distort investor behavior, emphasizing the importance of focusing on business earnings rather than sensational headlines. Peter shares why he separates his portfolio thinking from h…

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Building my ideal "Frankenstein" practice discourse, 3 important practice metric numbers to focus on, and examples of AI use in practice with Dr. Dodge Perry, OD 1:03:15

2M ago1:03:15

1:03:15

Welcome to this episode of 20/20 Money! My guest on today's show is Dr. Dodge Perry, OD. Dodge joins me on the show to have an open discussion after listening to my "Frankenstein" episode, which was inspired by him asking me the question "If I could create an ideal private practice, what would go into that decision making process?" We discuss the i…

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Why Is the U.S. Dollar Declining—and What Does It Mean for Investors? (EP.213) 9:43

3M ago9:43

9:43

Sign up here to receive Peter’s quarterly market webinar. ----- In this episode, we explore one of 2025’s most surprising financial trends: the significant decline of the U.S. dollar and the remarkable outperformance of international equities. Join host Peter Lazaroff as he breaks down exactly why the dollar weakened, how currency fluctuations dire…

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What the One Big Beautiful Bill Act means for optometry private practice owners & their financial planning 1:01:59

3M ago1:01:59

1:01:59

In this episode of 20/20 Money, I break down some of the most impactful tax and planning changes introduced in the recently passed Big Beautiful Bill Act—Congress’s sweeping update to the tax code that makes many TCJA provisions permanent while adding new wrinkles that matter to private practice owners. Whether you’re thinking about how to reduce y…

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When Smart Financial Planning Backfires - ChooseFI Companion Episode - E111 1:00:06

3M ago1:00:06

1:00:06

Today’s episode is a special bonus episode, a companion to Jesse’s discussion on episode 555 of ChooseFI! Jesse examines the risks of over-optimization in personal finance, concentrating on tax-loss harvesting, asset allocation, Roth conversions, and dividend investing. He explains how each strategy can offer value when used thoughtfully, but warns…

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2025 Midyear Market Update: Navigating Volatility, Tariffs, and Global Opportunities (EP.212) 8:25

3M ago8:25

8:25

Access my recorded quarterly webinar by signing up for my newsletter. Get an inside look at what’s shaping my thinking, plus see what I’ve been reading about investing and financial planning. ----- In this midyear update, Peter reviews the key trends shaping markets, politics, and the global economy in 2025. He covers market volatility sparked by t…

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5 common decisions that prevent ODs from achieving financial independence 39:30

3M ago39:30

39:30

Welcome to this episode of 20/20 Money. In the spirit of Independence Day, today’s episode explores a different kind of freedom—financial independence—and the common decisions that often stand in the way of achieving it. I walk through five recurring mistakes I see optometric practice owners make that limit their long-term financial freedom, both p…

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5 Investing Lessons Hidden In Market History (EP.211) 6:53

3M ago6:53

6:53

Help vote on book cover concepts, sign up now: https://Theperfectportfoliobook.com ----- What can the past teach us about today’s ever-changing, volatile market? In this episode, Peter shares five timeless investing lessons drawn from market history—insights that are just as relevant today as ever. Adapted from a chapter in his upcoming book, The P…

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Buffett’s Blueprint - 8 Examples of Warren’s Timeless Wisdom - E110 44:09

3M ago44:09

44:09

Jesse explores the timeless wisdom of Warren Buffett, highlighting both his disciplined investment philosophy and his unwavering emphasis on trust and character. Jesse breaks down Buffett’s approach to buying great businesses at fair prices, holding them long-term, and focusing on intrinsic value, margin of safety, and staying within one’s circle o…

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ANOTHER 20/20 Takeover: Your favorite KPIs (and why?!) w/ Drs. Jennifer Stewart, OD & Jeremy Ciano, OD 51:15

3M ago51:15

51:15

Welcome to this episode of 20/20 Money! My guests on today's show are my two good friends—and successful practice owners—Drs. Jeremy Ciano and Jennifer Stewart, OD. This is another takeover episode, so I'm honestly not sure where they'll take the conversation. The only direction I gave them was the title of the episode, so I'm just as curious as yo…

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How Not to Invest: Avoiding Common Mistakes and Dangerous Financial Advice with Barry Ritholtz (EP.210) 48:32

3M ago48:32

48:32

Get updates for my new book: https://Theperfectportfoliobook.com In this engaging episode, Barry Ritholtz—author of the influential Big Picture blog, host of the renowned Masters in Business podcast, and author of the new book How Not to Invest—shares invaluable insights into making smarter investment decisions. Barry challenges common financial my…

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The delegation journey...and why every practice owner should be on it! with Dr. Michael Neal, OD 49:32

3M ago49:32

49:32

Welcome to this episode of 20/20 Money. My guest on today’s show is Dr. Michael Neal, OD. Mike joins me on the show to talk about the evolution of delegation as a practice owner—specifically, the journey of learning to trust your team with everything outside of your core revenue-producing activities. We share our own experiences with delegation, wh…

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Announcing My New Book: The Perfect Portfolio (EP.209) 4:54

3M ago4:54

4:54

Get updates for my new book: https://Theperfectportfoliobook.com ----- Is there such a thing as a perfect portfolio? In this short solo episode, Peter Lazaroff shares exciting news—his next book, The Perfect Portfolio, is coming in late 2026. Peter offers a behind-the-scenes look at what inspired the book, how it builds on timeless investing lesson…

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Scrimping, Splurging, and Other Crazy Spending Stories - E109 50:04

3M ago50:04

50:04

Jesse explores the value of financial priorities and the balance between spending and saving with guests Diania Merriam, Justin Peters, Bill Yount, Jeremy Schneider, Doc G, and Joe Saul-Sehy. Diania highlights the “iceberg principle” of stealth wealth—how true wealth is often what you don’t see, like deferred purchases and unspent money. Justin sha…

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Using data to determine the best location for your practice with Mike Jorgenson from Carr Healthcare Realty 1:06:14

4M ago1:06:14

1:06:14

Welcome to this episode of 20/20 Money! My guest on today's show is Mike Jorgenson from Carr Healthcare Realty. Mike joins me back on the show to talk about what goes into a demographics search when evaluating the location of a practice—and he does it from both a cold start as well as existing practice's point of view. We talk about the minimum OD:…

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Lessons on Investing, Market Crises, and the Power of Staying Calm With CNBC’s Bob Pisani (EP.208) 38:37

4M ago38:37

38:37

Sign up for exclusive updates, offers, and bonus chapters of my new book: The Perfect Portfolio. ----- CNBC’s Senior Markets Correspondent Bob Pisani has spent over 25 years reporting from the New York Stock Exchange floor. In this episode, Bob shares vivid stories from the heart of Wall Street, key lessons learned from decades of covering financia…

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The power of community, stopping the "race to the bottom," educating ODs on practice affordability, discussing the Associate OD shortage, and more with Dr. Mick Kling, OD 44:24

4M ago44:24

44:24

Welcome to this episode of 20/20 Money! My guest on today’s show is Dr. Mick Kling, OD. Mick joins me back on the show to talk about the power of community within the profession and how optometrists can avoid the “race to the bottom” when it comes to pricing by focusing on delivering and communicating value to their patients. We also discuss how to…

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Go Roth Now Before It’s Too Late? And Other Listener Questions | AMA #7 - E108 1:22:17

4M ago1:22:17

1:22:17

Jesse answers a range of listener questions on topics including estate planning, life insurance, financial benefits of marriage, tax strategies for high earners, healthcare in retirement, and investing during economic uncertainty. He explains that heirs to traditional IRAs must pay income tax on withdrawals, while taxable accounts benefit from a st…

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TACO Investing: Navigating Market Volatility in the Age of Policy Whiplash (EP.207) 9:46

4M ago9:46

9:46

Sign up for exclusive updates, offers, and bonus chapters of my new book: The Perfect Portfolio. ----- Welcome to the world of TACO investing—where “Trump Always Chickens Out”—a phrase capturing the volatile cycle of aggressive policy threats followed by sudden reversals. In this episode, we’ll use the TACO phenomenon as a lens to explore how inves…

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From blank to bank: How a $35 lens becomes a $525 sale by finishing in-house with Dr. Mike Satryan, OD 1:04:06

4M ago1:04:06

1:04:06

Welcome to this episode of 20/20 Money. My guest on today's show is Dr. Mike Satryan, OD, a partner with Mountain View Eye in Altoona, PA. Mike is a long-time practice owner who brings over 25 years of experience running an in-house optical lab within their practice. We dive into the substantial cost savings his practice has realized by finishing l…

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Redefining Behavioral Finance for the Modern Investor with Brian Portnoy (EP.206) 50:03

4M ago50:03

50:03

Sign up for updates and exclusive offers related to Peter’s new book, The Perfect Portfolio, by visiting https://theperfectportfoliobook.com ----- Recorded in front of an audience at the CFA Institute’s global conference (CFA Live), I’m joined by behavioral finance expert Brian Portnoy to dive deep into Behavioral Finance 2.0. This conversation goe…

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The home loan balancing act: smart mortgage moves for optometry practice owners with Lee Raykovicz, OD 1:06:38

4M ago1:06:38

1:06:38

Welcome to this episode of 20/20 Money! My guest on today's show is Lee Raykovicz, OD, a mortgage broker with Go Rascal Mortgages. On today's episode we dive into what goes into the mortgage underwriting process, how practice owners can get creative when it comes to purchasing their homes, the details on what Physician loans actually are and how th…

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I’m Close to Retirement and the Market is Crazy…Now What? (EP.205) 10:41

4M ago10:41

10:41

Get an inside look at what’s shaping my thinking. Bi-weekly, I share the top 5 investing and financial planning articles I’m reading—straight to your inbox. Sign up for my newsletter. ----- Approaching retirement when markets are turbulent can make even seasoned investors anxious. In this episode, you’ll learn practical strategies for navigating un…

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19 Questions to Uncover Good, Bad, and Ugly Financial Advisors | Don McDonald - E107 59:25

4M ago59:25

59:25

Today, Jesse is joined by Don McDonald to offer a critical examination of the financial advising and annuity industries, warning retirees and near-retirees about misleading sales tactics that exploit fear - especially the fear of market losses. They emphasize the importance of working with fee-only, fiduciary advisors who are legally obligated to a…

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REWIND: 3 financial lessons learned from my grandpa and grandma that can shape your relationship with money 33:10

4M ago33:10

33:10

Welcome to this REWIND episode of 20/20 Money! Given that my grandpa just recently celebrated his 96th birthday, I wanted to bring back this episode and share it again for new and long-time listeners alike. It's also a subtle reminder about the importance of understanding longevity risk in one's financial plan. I can only imagine the unfortunate si…

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Financial History’s Biggest Lessons and How Past Crashes Can Guide Your Investing with Mark Higgins (EP.204) 30:25

5M ago30:25

30:25

Big financial decisions ahead? Whether it’s retirement, a career change, or navigating complex investments, get expert guidance in a quick, no-pressure call. Schedule yours now. ----- In this episode, Mark Higgins, author of Investing in U.S. Financial History, reveals how understanding historical market crashes and human behavior can provide inves…