There is a reality that virtually everyone at some point in their life will face... the cost of assisted care or long-term care as one gets older. Assisted living and other senior living arrangements cost thousands of dollars per month and do not accept major insurance or Medicare. A significant health event is the #1 risk to a retirees finance. This is an area that most people don't think about until the time comes when they need it, and then it is too late.
My first guest, Ryan Majchrzak, is a Certified Senior Advisor® and the owner of Assisted Living Locators Bel Air, which offers a no cost referral and placement service to help seniors and families find the best assisted living, dementia care, or independent living communities. He joins me today to walk us through navigating the senior care market and 9 ways to help seniors and families pay for senior living, should they need it at some point. Ryan also shares what drove him to become involved in the senior care, assisted living, and long-term care industry.
My second guest, Peter J. Klein, is the Chief Investment Officer and Founder of ALINE Wealth, a wealth management firm that specializes in providing clients with financial planning advice for every stage of their lives. He joins me today to discuss what investors need to know about investing in the Water Sector, how Water Sector Investing fits into a clients portfolio, and how he would advise his clients navigating rate changes in the future. Peter also discusses his book, "A Passion for Giving," which provides tools and inspiration for creating a charitable foundation.
Ryan Majchrzak PharmD, MBA, CSA, CDC is the owner of Assisted Living Locators Bel Air, the fastest growing senior placement and referral service in the U.S. providing unbiased solutions at no cost.
Their only obligation is making sure that they help customers find the best solution for their needs, and make finding care as simple and quick as possible. Assisted Living Locators offers a very hands on approach to helping their clients find the most appropriate senior living options and make the most informed decision.
Ryan is a graduate of University of Maryland at Baltimore and the University of Baltimore, and is a licensed pharmacist with over 13 years of experience working in the healthcare field and managing inpatient hospital pharmacy operations.
Ryan is a Certified Senior Advisor® and Dementia Care Certified® which enables him to better serve his clients and navigate the many issues that our seniors face.
He joined Assisted Living Locators to continue to provide care and guidance to families and seniors in his community, and is a compassionate, goal-oriented person that is here to guide others through this challenging process.
Peter J. Klein is the Chief Investment Officer and Founder of ALINE Wealth, a wealth management firm that specializes in providing clients with financial planning advice for every stage of their lives.
Headquartered in Long Island, New York, with offices in Manhattan and Palm Beach, FL, the firm specializes in exit and philanthropic planning for executives, business owners, and families. Along with Peter’s deep financial wisdom, he adds considerable acumen in philanthropy, helping clients navigate family trusts, institutions, and nonprofits.
Peter is a published author of a technical work which speaks volumes of a career immersed in analytics and the science of investing. To this deep financial wisdom, he adds considerable acumen in philanthropy, helping clients navigate family trusts, institutions and non-profits. “There is nothing I love more than helping clients propel their business,” he says. “Except maybe helping them use the fruits of that success to benefit others.”
Peter earned a bachelor's degree in economics from Stony Brook University and a master’s degree in finance from CUNY Baruch College in New York City. He is a Chartered Financial Analyst (CFA®), Chartered Retirement Plans Specialist (CRPS®) and a Chartered Advisor in Philanthropy (CAP®). He recently received the Chartered SRI Counselor designation (CSRIC®) as part of a commitment to helping clients navigate ESG and SRI investing.
Peter is the author of two well-regarded books, Getting Started in Security Analysis (Wiley, 1998, 2009) and A Passion for Giving: Tools and Inspiration for Creating a Charitable Foundation (with Angelica Berrie, Wiley, 2012).
Peter was named to Forbes’ 2020 & 2021 list of the Best-In-State Wealth Advisors in New York. He is the recipient of the Community Impact Award by Long Island Business News’ (LIBN) 2021 Corporate Citizenship Awards. His practice was named on Wealth Management’s first annual Thrive Awards list of fastest-growing financial advisors in 2019.
Peter has been honored by the Diabetes Research Foundation as the recipient of the Gillan Family Humanitarian Award by the Child Abuse Prevention Service (2011), as Man of the Year by Life’s WORC (2013), as Philanthropist of the Year by the Long Island Alzheimer Foundation (2014), as the recipient of the Larry Kushnick Memorial Award for Community Service (2017) and named the Best Philanthropist on Long Island in 2017 by Bethpage Federal Credit Union. He was recognized by Dan’s Papers on the 2021 PowerList of the East End.
Peter has participated in panel discussions and has given speeches on the issues surrounding the nexus of wealth management and philanthropy — what he refers to as being a Legacy Agent. He has a video series called “ALINE Wealth Market Roadmaps” where he provides his strategic outlooks on the markets and the economy. He also has a column in Dan’s Papers called “A Passion for Giving” where he profiles prominent philanthropists and foundation members on Long Island.
Prior to joining Hightower and co-founding ALINE, Peter was with UBS (Paine Webber) since 1994, where he was recognized in the UBS Global Circle of Excellence in 2008.