Episode Details

Welcome to the Allocate Podcast, an interview and educational content series to help investors learn and navigate investing in alternatives. Join us to hear from leading founders, fund managers, and allocators on the latest trends and the keys to successfully participating in the private markets.

In this episode of the Allocate Podcast, host Samir Kaji chats with John Clendening, CEO and Co-Founder of Earned Wealth, a tech-driven wealth advisory firm for doctors and dentists. They discuss the modernization of wealth management, emphasizing personalized services enhanced by technology. John explains the founding of Earned Wealth, highlighting the unique financial challenges faced by medical professionals and the importance of niche focus. The conversation covers the role of technology in improving client experience and advisor efficiency, the impact of AI, evolving investment strategies, the future of wealth management, and so much more.

About John Clendening

John Clendening is the Founder and CEO of Earned Wealth, a tech-enabled financial services firm dedicated to addressing the unique financial needs of medical professionals.

With over two decades of experience in financial services, John has held several prominent leadership roles. He served as President and CEO of Blucora, a publicly traded technology-driven financial services firm, where he led the company to double-digit annual growth in revenue and profitability.

Prior to Blucora, John spent over a decade at Charles Schwab, serving as President and co-Head of the U.S. and International retail division, and as CEO of Charles Schwab Bank. He also held senior roles at eMac Digital, First Union Bank, Wells Fargo, and The Coca-Cola Company. John earned his MBA from Harvard Business School and a BA in Economics from Northwestern University.

Topics in this conversation include:

* John's Background and Career Journey (1:10)

* Founding Earned Wealth (3:33)

* Challenges in Wealth Management (8:12)

* Technology's Role in Personalization (12:35)

* Investment Strategies and Alternatives (17:01)

* Creating a Unique RA (21:12)

* Differentiation Strategies (24:18)

* Growth Capital and Acquisitions (27:51)

* Technology Adoption Challenges (32:31)

* Impact of AI on Wealth Management (35:34)

* Importance of Human Relationships in Wealth Management (37:00)

* Final Thoughts and Takeaways (41:05)

Discloser

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