Significance of Wealth with Tom Ruggie

Why a Savvy Investor Paid $16.5M for a Pokémon Card

Thomas Ruggie, AJ Scaramucci — Thu, 19 Mar 2026 14:26:43 +0000

What does a $16.5 million Pokémon card have to do with serious capital allocation?

In this episode of Significance of Wealth, Tom Ruggie sits down with AJ Scaramucci — Founder and Managing Partner of Solari Capital and Co-Chairman of SALT — who recently made international headlines by winning a 42-day global auction for the ultra-rare Pikachu Illustrator card, setting the record for the most expensive trading card ever sold.

AJ unpacks the investment thesis behind that purchase, why collectibles represent one of the most overlooked asset classes available to sophisticated investors today, and how global capital is beginning to flow into rare, culturally significant objects. He also shares the story behind Treasure Trove, his new venture aimed at acquiring the world's rarest assets at institutional scale.

Topics covered include:

Why Pokémon is the highest-grossing franchise of all time and what that means for collectors
The power law dynamic that made the Pikachu Illustrator card uniquely valuable
What the "debasement trade" has to do with rare collectibles
How AI and post-scarcity economics could drive massive value into collecting

Watch the full episode on our YouTube Channel @SignificanceOfWealth

Subscribe to Significance of Wealth for conversations that go beyond conventional investing — exploring wealth strategy, private markets, alternative investments, and the rare, passion-driven assets that are reshaping how the world's most sophisticated investors think about value, legacy, and impact.

The views, thoughts, and opinions expressed in this podcast belong solely to the host and/or guests and do not necessarily reflect the views of Destiny Wealth Partners, LLC or its affiliates. Nothing discussed should be construed as investment advice, an offer, solicitation, or recommendation to buy or sell any security, investment product, or strategy. Investment advisory services are offered through Destiny Wealth Partners, LLC, an SEC-registered investment adviser. Destiny Wealth Partners also conducts business under the name Destiny Family Office. Registration with the SEC does not imply any level of skill, training, or favorable outcome.

This podcast and any related materials are provided for informational and educational purposes only and are not intended as a substitute for personalized investment, legal, tax, or accounting advice. Destiny Family Office is neither a law firm nor an accounting firm, and no portion of this content should be construed as legal or accounting advice. Listeners should consult their own advisors regarding their specific financial circumstances before making any investment decisions.

Discussions may include references to private, alternative, or illiquid investments. Such investments are speculative, involve a high degree of risk, may involve limited liquidity, and are not suitable for all investors. Alternative investments are intended only for investors who meet applicable eligibility requirements, such as Accredited Investor or Qualified Purchaser standards. Past performance is not indicative of future results, and no assurance can be given that any investment strategy will be successful or achieve its objectives.

Any references to specific investments, strategies, or market outcomes are for illustrative purposes only and should not be assumed to be profitable or suitable for any individual or portfolio. No guarantees are made that any client or investor will experience similar results.

Destiny Family Office and its affiliates make no representations as to the accuracy or completeness of the information discussed and are not responsible for any human or mechanical errors or omissions. The podcast content is the sole property of Destiny Family Office and may not be reproduced or redistributed in any form without the express written consent of Destiny Family Office.

Copies of Destiny Wealth Partners’ current Form ADV Part 2A (Disclosure Brochure) and Form CRS, which provide additional information about advisory services and fees, are available upon request or at www.destinyfamilyoffice.com/disclosures.

From Pet Rocks to Private Jets

Thomas Ruggie, Tom Ruggie, Kyle Bell — Thu, 26 Feb 2026 14:20:11 +0000

Kyle Bell turned childhood hustle — selling candy, pet rocks, and autographs — into Bell Sports Marketing, a multi-division enterprise spanning authenticated memorabilia, large-scale charity auctions, and custom framing. In this episode of Significance of Wealth, Kyle shares how relationship capital, disciplined risk-taking, and long-term thinking helped transform a passion for sports into a scalable business.

Host Tom Ruggie and Kyle explore the evolution of sports memorabilia from hobby to recognized alternative asset category, including the difference between established “blue-chip” legacy pieces and more speculative current-player opportunities. They also discuss how the collectibles market shifted during COVID, the importance of authentication and provenance, and why collectibles can carry both emotional and financial value.

In addition, Kyle reflects on building enterprise value, scaling through uncertainty, and raising nearly $24 million for charitable causes through memorabilia-driven fundraising.

This conversation offers perspective on entrepreneurship, alternative assets, and what meaningful wealth looks like beyond traditional balance sheets.

Watch the episode on our YouTube channel and subscribe for more content: @SignificanceofWealthPodcast

Learn more about Destiny Family Office at www.DestinyFamilyOffice.com

Subscribe to the podcast on Apple Podcasts, Spotify, Pandora, iHeartRadio, and YouTube.

Dot-Com Bubble Déjà Vu? What Market History Tells Us About AI and Private Markets

Martie Salt, Thomas Ruggie, Tom Ruggie — Thu, 22 Jan 2026 16:59:30 +0000

What happens when the host becomes the guest?

In Episode 23 of Significance of Wealth, Martie Salt sits down with Tom Ruggie - Founder and CEO of Destiny Family Office and the show’s regular host - for a wide-ranging conversation on alternative investing, private markets, and the accelerating AI cycle.

Fresh off being named InvestmentNews’ 2025 Advisor of the Year for Alternative Investments, Tom shares insights from his recent presentation to his TIGER21 peer group, where he argued that today’s AI revolution closely parallels the internet boom of the 1990s—compressed into a much shorter time frame. Together, Martie and Tom explore:

Why Tom believes the AI bubble has not yet burst—and what signals he’s watching
How Destiny Family Office accesses late-stage, pre-IPO companies through institutional relationships
The difference between primary market valuations and secondary market markups
Key risks of direct investing, including illiquidity, valuation opacity, and concentration risk
How a long-standing bucketing strategy helps determine appropriate allocations to alternatives
Where private equity, private credit, hedge funds, and direct investments fit within a broader portfolio

While some opportunities discussed may only be available to qualified purchasers, this episode offers valuable perspective for any investor seeking to understand how experienced advisors and ultra-high-net-worth investors are thinking about private markets, innovation cycles, and long-term portfolio strategy.

Late-Stage Private Investing and Pre-IPO Markets: A Family Office Perspective

Michael Grayson, Tom Ruggie, Thomas Ruggie — Thu, 18 Dec 2025 22:37:48 +0000

In this episode of Significance of Wealth, host Tom Ruggie is joined by Michael Grayson, Portfolio Manager at First Trust Capital Management LP, for a thoughtful discussion on late-stage private investing within a changing capital market landscape.

Their conversation examines how institutional family offices assess private growth opportunities, with an emphasis on underwriting discipline, access, alignment of interests, and risk awareness. Tom and Michael also explore how liquidity considerations, secondary market dynamics, and potential exit paths, including IPOs, inform decision-making as companies mature toward the public markets.

Explore related private market commentary and articles written by Tom Ruggie:
- The Calm Investor’s Guide To Allocating Alternative Investments
- The Role Of Direct Investment Opportunities In The AI Revolution
- Why Alternatives Belong in a Well-Built Portfolio

:: Connect with Destiny Family Office ::
Website: www.destinyfamilyoffice.com
LinkedIn: www.linkedin.com/company/destiny-family-office/
YouTube: @SignificanceOfWealthPodcast

The Psychology of Peak Performance with Dr. Jenny Susser

Jenny Susser, Dr. Jenny Susser, Tom Ruggie, Thomas Ruggie — Wed, 15 Oct 2025 14:22:29 +0000

In this episode of Significance of Wealth, host Tom Ruggie, ChFC®, CFP®, sits down with Dr. Jenny Susser — a performance psychologist, executive coach, and former U.S. Olympic Team sport psychologist — to explore what truly drives high achievers across both athletics and entrepreneurship.

Drawing from her experience coaching Olympic athletes and Fortune 500 leaders, Dr. Susser unpacks the science of sustained performance: why preparation is non-negotiable, how recovery fuels excellence, and what it takes to balance relentless drive with long-term wellbeing.

Together, Tom and Dr. Susser discuss:

Parallels between elite athletes and entrepreneurs in mindset, discipline, and drive
How to prepare with purpose and recover with intention
Why energy management is the new productivity
“Empty Tank Syndrome” and the cost of running on depleted reserves
How to define enough and why emotional, mental, and physical wellbeing form the foundation of lasting success

Dr. Susser’s approach bridges clinical psychology, neuroscience, and real-world performance strategy offering powerful, practical insights for business leaders seeking to lead with clarity, energy, and emotional intelligence.

Listen now to learn how elite performers manage their energy, optimize recovery, and sustain their edge in high-pressure environments.

Subscribe to Significance of Wealth for conversations that challenge how we define success — exploring wealth management, private markets, alternative investments, and the passions that shape purpose, legacy, and impact.

Helpful Resources:

The AI Factor: How Leaders Can Harness Artificial Intelligence for Lasting Value

Thomas Ruggie, Tom Ruggie, Asha Saxena, Thomas H. Ruggie, ChFC®, CFP® — Wed, 24 Sep 2025 12:36:20 +0000

In this episode of Significance of Wealth, Tom Ruggie welcomes Asha Saxena, Founder and CEO of Women Leaders in Data and AI (WLDA), professor at Columbia University, and bestselling author of The AI Factor, for a wide-ranging conversation on how artificial intelligence is transforming leadership, business strategy, and wealth management.

Together they explore the rapid adoption of AI, its parallels to past technological revolutions, and the opportunities it presents for hyper-personalization, operational efficiency, and risk intelligence. Asha shares her frameworks for integrating AI responsibly, the importance of continuous learning, and why leaders must balance innovation with clarity of purpose to create lasting value.

From reimagining client engagement to navigating ethical considerations, this episode offers a thought-provoking look at how AI is reshaping both business and wealth for the future.

Helpful Resources:

The AI Factor by Asha Saxena
The AI Factor Workbook by Asha Saxena
Preorder Asha's New Book: The Digital Human Advantage: Driving Business Growth Through Intelligent Digital Agents
The Role of Direct Investment Opportunities in the AI Revolution by Thomas Ruggie
Investing in AI: Public versus private investments by Thomas Ruggie
Destiny Family Office

AI, Alternatives, and the Shifting Wealth Landscape with InvestmentNews’ James Burton

Tom Ruggie, James Burton, Thomas Ruggie — Wed, 20 Aug 2025 14:46:29 +0000

In this episode of Significance of Wealth, Tom Ruggie welcomes James Burton, Vice President of Editorial at Key Media and Global Managing Editor of InvestmentNews, for a wide-ranging conversation on the forces transforming wealth management today.

Together they explore how artificial intelligence is reshaping both journalism and finance, why the traditional 60/40 portfolio is giving way to new approaches, and how the rise of alternative and private market investments is redefining opportunity and risk. The discussion also takes listeners behind the scenes of the InvestmentNews Awards—now one of the industry’s most anticipated events—where Tom was recognized as “Advisor of the Year – Alternative Investments.”

From consolidation in the advisory space to the role of human insight in an AI-driven future, this episode offers a thought-provoking look at how wealth and the narratives that shape it are evolving.

Helpful Resources:

Building the Grail Portfolio Through Private Markets

Jesse Craig, Thomas Ruggie, Tom Ruggie — Fri, 18 Jul 2025 16:10:35 +0000

Join Tom Ruggie, ChFC®, CFP®, as he welcomes Jesse Craig, co-founder of Acquir.co and a leading authority on high-end sports card investing, for an illuminating conversation that reveals the inner workings of one of today's most dynamic alternative asset markets.

With over 15 years of industry experience — including his pivotal role scaling PWCC from 14 to 180 employees before its acquisition by Fanatics — Jesse provides exclusive insights into the sophisticated world of ultra-rare trading cards, private market transactions, and collectibles as investment vehicles.

Tom and Jesse dive deep into how discerning collectors and institutional investors are capitalizing on the evolving sports card landscape, exploring why premium assets from iconic athletes continue to deliver strong returns even as speculative markets face corrections.

In this episode, you'll discover:

Private vs. public markets: When to pursue private sales versus auction houses for maximum value
The GOAT premium: Why cards from legendary athletes like Jordan, Messi, and Brady maintain exceptional demand
Strategic portfolio building: How collectors leverage existing assets to acquire grail pieces through sophisticated funding mechanisms
Concierge market services: The role of lending, anonymous bidding, and white-glove consulting in high-end transactions
Supply dynamics decoded: Understanding the critical difference between perceived scarcity and actual availability — and how it drives pricing power
Authentication evolution: Current grading standards, market implications, and how AI technology may reshape quality assessment
Costly seller mistakes: Why bypassing expert consultation often leads to suboptimal outcomes and missed opportunities

Whether you're an established collector, a wealth manager exploring alternative investments for clients, or an investor curious about passion assets that deliver both enjoyment and returns, this episode provides essential intelligence for navigating a market where rarity intersects with performance.

What Actually Moves the Needle in Tax Planning for Significant Wealth

Jason Pueschel, Tom Ruggie, Thomas Ruggie — Wed, 18 Jun 2025 14:05:03 +0000

What truly moves the needle in tax planning when wealth reaches a certain scale?

In this episode of Significance of Wealth, host Tom Ruggie, Founder and CEO of Destiny Family Office, sits down with Jason Pueschel, Founder and Managing Director of Alternative Tax Management, to explore advanced tax strategies designed specifically for high earners and families navigating significant liquidity events.

Drawing on 30+ years of institutional experience, Jason breaks down his Three Pillars of Tax Strategy—capital transition planning, income tax mitigation, and tax credits—and how each can be leveraged to reduce tax exposure across real estate, private businesses, oil & gas, solar development, and more.

Whether you’re preparing for a business exit, structuring a major investment, or looking to make your Roth IRA work harder, this conversation sheds light on what sophisticated tax planning really looks like.

Subscribe for More Insights

If you found this episode valuable, make sure to subscribe to Significance of Wealth on Apple Podcasts, Spotify, YouTube, or wherever you listen—so you never miss conversations that help you grow, protect, and purposefully use your wealth.

For more on Destiny Family Office, visit destinyfamilyoffice.com.

The Ten Domains of Family Wealth with Brian Hughes

Brian Hughes, Thomas Ruggie, Tom Ruggie — Wed, 21 May 2025 10:00:00 +0000

What does it take to serve families with complex wealth—and more importantly, to serve them well? In this episode of the Significance of Wealth podcast, host Tom Ruggie welcomes Brian Hughes, President of Eton Advisors and a thought leader in the family office space. Together, they explore "The Ten Domains of Family Wealth,” a comprehensive framework developed by the Ultra High Net Worth Institute to help advisors go beyond financial capital and embrace a more holistic definition of family wealth.

From governance and succession to health, philanthropy, and family dynamics, Brian unpacks how family offices and integrated wealth advisors can better align strategies with purpose. This conversation is essential listening for those navigating the evolving expectations of today’s wealth stewards—and the rising generation poised to inherit both assets and responsibility.

Helpful Resources

Legacy Through Passion Assets with Colleen Boyle, CAP®

Colleen Boyle, Tom Ruggie — Wed, 16 Apr 2025 04:00:00 +0000

What if your collection could do more than bring you joy—what if it could also serve your legacy, your liquidity needs, or a cause you care deeply about?

In this episode, host Tom Ruggie sits down with Colleen Boyle, CAP®, Managing Director and Head of Business Development & Philanthropic Strategy at The Fine Art Group, to explore the role of passion assets—like fine art, jewelry, and sports memorabilia—in strategic wealth planning.

With over two decades of experience advising global corporations, major museums, and private collectors, Colleen shares practical insights on:

Why understanding which valuation you need is critical (and how often to reassess)
The rise of charitable giving using tangible assets—and a touching story of a guitar collector's legacy
How to unlock liquidity through lending without divesting
The importance of documenting provenance and involving advisors early to avoid costly missteps

Whether you’re a collector yourself or an advisor helping clients navigate this complex and unregulated space, this conversation offers a valuable lens into turning passion into purpose.

🎧 Subscribe to Significance of Wealth for more conversations at the intersection of wealth, purpose, and alternative investments.

🔗 Learn more at destinyfamilyoffice.com

- - - - - - - - -

About The Fine Art Group: The Fine Art Group is a leading independent global advisory firm specializing in art, luxury, asset financing, and valuations. With nearly 25 years of experience, the firm supports clients at every stage of their collecting journey through services including Advisory, Art Investment, Art Finance, and Appraisals & Valuations—plus bespoke strategies tailored to each collector’s unique needs.

Operating across 15 international cities with headquarters in New York, London, and Hong Kong, The Fine Art Group offers unparalleled insight at the intersection of art, luxury, and finance. Its growing network of strategic partnerships—including Patti Wong & Associates and Schwartzman&—reinforces its reputation for discretion, transparency, and navigating the global art market with precision.

Contact Colleen Boyle, CAP®
E-mail: colleenboyle@fineartgroup.com
Mobile: 610-470-5340
Office: 212-540-8444

- - - - - - - - -

Helpful Resources:

Igniting the Future of Wealth Management with Tom Ruggie

James Burton, Tom Ruggie, Thomas Ruggie — Thu, 20 Mar 2025 20:54:02 +0000

In this episode of Significance of Wealth, host Tom Ruggie speaks with James Burton of InvestmentNews about his recent recognition on the InvestmentNews 2024 Hot List. Tom shares what this honor represents for his firm and team while providing insights into the evolving landscape of wealth management. The conversation explores how financial professionals can drive innovation, navigate market complexities, and mentor the next generation of advisors.

Key Topics:

The significance of the InvestmentNews 2024 Hot List recognition and its impact on Destiny Wealth Partners
Strategies for staying ahead in an evolving wealth management landscape
The role of alternative assets, such as collectibles, in long-term financial planning
Mentorship and succession planning in the financial advisory industry
Lessons from Tom’s career and his philosophy on risk-taking and continuous innovation

Additional Resources:

Subscribe to Significance of Wealth for expert conversations on family office strategies, private investments, and the evolving role of collectibles in wealth management. Join host Tom Ruggie as he engages with industry leaders to provide exclusive insights tailored for high-net-worth and ultra-high-net-worth individuals seeking to optimize and protect their wealth.

Subscribe now on: Apple Podcasts | Spotify | YouTube | Destiny Family Office's Website

Wealth Preservation & Tax Strategies: Essential Estate Planning with Nick Guerra (Ep 13)

Nick Guerra, Nicholas Guerra, Tom Ruggie, Thomas Ruggie — Wed, 19 Feb 2025 17:15:00 +0000

How can high-net-worth individuals protect their wealth from estate taxes and ensure a smooth transition of assets? In this episode of The Significance of Wealth, host Tom Ruggie sits down with Nick Guerra, Esq., LL.M., Managing Partner at Guerra Tax & Wealth Planning, PA. With extensive experience advising Silicon Valley startups, Hollywood creatives, and Wall Street hedge fund managers, Nick unpacks advanced estate planning strategies, tax minimization tactics, and upcoming legislative changes that could impact your estate plan. Tune in to gain key insights into wealth preservation, asset protection, and effective gifting strategies.

Key Topics Covered:

Estate tax exemption changes and how they may impact your wealth
Advanced estate planning tools: irrevocable trusts, gifting strategies, and valuation discounts
How high-net-worth families can protect assets from creditors and taxation
Strategic wealth transfer techniques for future generations

With estate tax laws evolving, proactive planning is essential. Don’t leave your legacy to chance—tune in now to learn how to optimize your estate plan and secure your wealth for generations to come.

Subscribe to the Significance of Wealth podcast for expert insights from Destiny Family Office CEO & Founder Tom Ruggie, alongside industry leaders, on ultra-high-net-worth wealth strategies, private investments, and collectibles as both a passion and investment opportunity.

Helpful Resources:

The Auction House Diaries: Stories Behind Iconic Sports Memorabilia with Joe Orlando (Ep 12)

Joe Orlando, Tom Ruggie, Thomas Ruggie — Wed, 22 Jan 2025 16:00:00 +0000

In this episode of the Significance of Wealth, host Tom Ruggie engages in a captivating conversation with Joe Orlando, Executive Vice President of Sports at Heritage Auctions and one of the most respected names in the world of high-value sports memorabilia. Together, they explore the fascinating intersection of passion and investment that defines the art of collecting.

Joe shares unparalleled insights into the market for iconic sports memorabilia, including the record-breaking $24.1M Babe Ruth jersey and other legendary pieces, such as Willie Mays game-used bats and the treasures featured in Heritage’s upcoming Platinum Night Auction.

The discussion goes beyond the items themselves, delving into the strategies that sophisticated collectors use to curate meaningful, high-value collections. From preserving historical significance to the importance of disciplined decision-making, this episode provides a rare glimpse into how auctions and collecting create both personal and financial legacies.

Explore the incredible world of collectibles at Heritage Auctions. Don’t forget to check out upcoming auctions, including the February Platinum Night, for once-in-a-lifetime opportunities to own legendary pieces of history. Keep up with the Significance of Wealth podcast on Apple Podcasts, Spotify, YouTube, and anywhere else you get your podcasts.

Helpful Resources

Heritage Auctions
Heritage Auctions Schedule
Collecting Sports Legends: The Ultimate Hobby Guide
Destiny Family Office's Collectibles Scorecard
Our Collectibles Scorecard looks at where you are and where you ideally want to be in essential mindsets surrounding acquiring, preserving, cataloging, insuring, valuating and ultimately transferring your collectibles.
Destiny Family Office
Article: Four Things to Know About Your Collectibles and Homeowners Insurance
Article: It's Not Just Stuff: Insider Tips for Managing Specialty Collections
Article: Sports Memorabilia Arrive as an Asset Class

A Deep Dive into Wealth Protection with Hillel Presser, Esq., MBA (Ep 11)

Hillel Presser, Tom Ruggie, Thomas Ruggie — Wed, 18 Dec 2024 10:00:00 +0000

In this highly anticipated follow-up episode, host Tom Ruggie welcomes back renowned asset protection attorney Hillel Presser, Esq., MBA for an in-depth discussion on safeguarding wealth. Expanding on their previous conversation, Hillel offers practical, actionable strategies to protect assets from lawsuits, creditors, and unforeseen risks.

This episode sheds light on often misunderstood areas of asset protection, including the critical distinctions between revocable and irrevocable trusts and the hidden vulnerabilities of LLCs. Hillel simplifies complex concepts, delivering valuable insights that are clear, accessible, and applicable to individuals and families at all levels of wealth.

Special Offer: Hillel is offering a complimentary resource book on asset protection to our listeners. Visit www.assetprotectionattorneys.com, complete the form, and mention the Significance of Wealth podcast to receive your free copy!

Key Takeaways Include:

The essential differences between revocable and irrevocable trusts.
Why real estate and business ownership carry significant risk—and how to address it.
How even modest asset protection strategies can provide substantial safeguards.
Proactive approaches to avoid the pitfalls of fraudulent transfers.

Whether you're managing substantial assets or planning for long-term financial security, this episode offers practical guidance to help you protect what you’ve worked so hard to achieve.

Helpful Resources:

Subscribe to the Significance of Wealth podcast on Apple Podcasts, Spotify, and YouTube for more content on wealth management, investments, and collectibles.

Bidding on Success: REA’s Brian Dwyer on Leading a Premier Sports Card and Memorabilia Auction House (Ep 10)

Brian Dwyer, Thomas Ruggie, Tom Ruggie — Wed, 20 Nov 2024 16:32:21 +0000

Robert Edward Auctions’ Brian Dwyer knocks it out of the park as he leads and grows the nation's premier auction house specializing in rare baseball cards and memorabilia. In this episode, host Tom Ruggie, founder and CEO of Destiny Family Office, welcomes Brian to share his journey from small beginnings on eBay to owning and expanding one of the most respected names in the collectibles industry.

Discover how Brian balances honoring the legacy of long-standing clients while driving innovation and growth in a competitive market. He discusses the strategic acquisition of Huggins & Scott Auctions, the importance of succession planning, and how REA continues to evolve by embracing new opportunities, like expanding into other collectible categories.

Brian also gives listeners an exclusive preview of REA’s highly anticipated Fall Catalog Auction, which begins on November 22nd. Featuring over 3,700 items, including a newly discovered Babe Ruth rookie card graded PSA 3.5, this auction promises to showcase some of the most sought-after treasures in the collectibles world.

For those passionate about collectibles, investment opportunities, or entrepreneurship, this episode offers a compelling look at the trials, triumphs, and legacy of leading an auction house that thrives on preserving history and creating value. Plus, hear tips for these industry experts on safeguarding your own collection and their thoughts on the future of the collectibles market.

Helpful Resources

Robert Edward Auctions
REA Fall Catalog Auction Details
Destiny Family Office's Collectibles Scorecard
Our Collectibles Scorecard looks at where you are and where you ideally want to be in essential mindsets surrounding acquiring, preserving, cataloging, insuring, valuating and ultimately transferring your collectibles.
Destiny Family Office
Article: Four Things to Know About Your Collectibles and Homeowners Insurance
Article: It's Not Just Stuff: Insider Tips for Managing Specialty Collections
Article: Sports Memorabilia Arrive as an Asset Class

Subscribe to the Significance of Wealth podcast for more content on the evolving landscape of wealth management, private and direct investments, and the world of collectibles as both a passion and potential investment strategy.

Treasures as Investments – Exploring Shipwreck Coins and Artifacts with Daniel Sedwick with Daniel Sedwick (Ep 9)

Daniel Sedwick, Tom Ruggie — Wed, 16 Oct 2024 10:15:00 +0000

In Episode 9 of the Significance of Wealth podcast, host Tom Ruggie, Founder & CEO of Destiny Family Office, sits down with Daniel Sedwick, President of Daniel Frank Sedwick Auction House, the world’s leading specialist in colonial coinage and shipwreck artifacts. Daniel shares his vast expertise on the growing market for treasure coins, historical artifacts, and how these rare items can serve as both unique investments and tangible connections to history.

Throughout the episode, Tom and Daniel discuss the significance of provenance and authenticity in driving the value of rare collectibles, the complexities of sourcing shipwreck items, and the evolving auction market. They explore how collectibles are becoming a viable alternative asset class and provide insights into the fascinating world of shipwreck treasures, rare coins, and artifacts. Daniel also shares personal stories from record-breaking auctions, and the two discuss the impact of government regulations on salvaging shipwreck items.

In this episode, you’ll learn:

How shipwreck coins and artifacts are authenticated through provenance.
The record-breaking auction of Mexican silver and gold coins from historic shipwrecks.
Why collectibles are increasingly recognized as a legitimate alternative investment class.
The role of government regulations in the shipwreck salvage process.

Whether you're interested in the historical significance of these treasures or their growing potential as investments, this episode will provide unique insights into the world of rare artifacts.

The Power of Asset Protection: Securing Your Wealth with Hillel Presser (Ep 8)

Tom Ruggie — Wed, 18 Sep 2024 12:29:00 +0000

Are you truly safeguarding your wealth, or are you leaving it exposed to unexpected risks? In this episode of the Significance of Wealth, host and wealth management expert Tom Ruggie sits down with Hillel Presser, a nationally recognized asset protection attorney who has been featured on major media outlets such as Fox, NBC, and CBS. Hillel shares his expert insights on how to protect your assets from lawsuits, creditors, and unforeseen liabilities. Whether you’re an ultra-high-net-worth individual, a business owner, or someone diligently building your financial future, this conversation offers actionable strategies you can’t afford to miss.

What you’ll learn:

The Fundamentals of Asset Protection: What it is, why it’s essential, and how it differs from estate planning.
Explore real-life examples of how asset protection can save millions.
Practical advice on the best time to start protecting your assets.
Misconceptions about insurance and estate planning that could cost you everything.

Hillel also offers a free resource book to help listeners take the first steps in protecting their wealth. To claim this offer, follow these steps:

Visit www.assetprotectionattorneys.com
Complete the contact form located on the home page.
Mention the Significance of Wealth podcast in your message.
Hillel will send you a complimentary copy of his book to get you started on securing your assets.

This episode is packed with expert advice and real-world examples that could make the difference between financial security and disaster. Tune in to discover the proactive steps you can take to ensure that the wealth you’ve worked so hard to build remains protected.

The expressed views, thoughts, and opinions belong solely to the host and/or guests and are not investment recommendations or opinions issued by Destiny Wealth Partners or its affiliates. Investment advisory services are offered through Destiny Wealth Partners, LLC, an SEC Registered Investment Advisor. Destiny Wealth Partners also conducts business under the name Destiny Family Office. Destiny Family Office podcasts are the sole property of Destiny Family Office, and information provided is for informational and educational purposes only. Destiny Family Office and its affiliates are not responsible for any human or mechanical errors or omissions. Parties may not reproduce these podcasts in any form without the express written consent of Destiny Family Office. Learn more at https://destinyfamilyoffice.com/disclosures/

Growth-Stage Investing: 137 Ventures' Approach to Supporting Tomorrow's Tech Leaders (Ep 7)

Tom Ruggie — Wed, 21 Aug 2024 14:24:38 +0000

Welcome to the Significance of Wealth with Tom Ruggie, founder and CEO of Destiny Family Office. Join us as we explore the complex world of wealth management and strategies tailored for ultra-high-net-worth individuals. In this episode, we are joined by Christian Garrett, Principal at 137 Ventures, a growth-stage venture firm. Christian shares his insights on navigating the venture capital landscape, including discussions on private investments and alternative assets.

In This Episode, We Discuss:

The investment strategies employed by 137 Ventures, including their approach to private deals involving companies such as SpaceX and Anduril.
The role of venture capital in wealth management and how 137 Ventures focuses on strategic investment opportunities.
The significance of secondary markets and founder liquidity in 137 Ventures' investment approach.
Christian Garrett’s career journey and his perspectives on business model dynamics in venture capital.
A discussion on SpaceX's potential and its place in the broader investment landscape.

This episode provides an in-depth look at venture capital strategies and their potential impact on wealth management. Listen now to gain insights into the evolving world of wealth management and explore the considerations necessary for making informed investment decisions.

The expressed views, thoughts, and opinions in this episode of the Significance of Wealth belong solely to the host and/or guests and are not investment recommendations or offers to buy or sell securities or private investments by Destiny Wealth Partners or its affiliates. This podcast is for informational and educational purposes only. For more information on our disclosures, we invite you to visit our website www.DestinyFamilyOffice.com.

Authentication Matters: The $30 Million Babe Ruth Jersey (Ep 6)

Tom Ruggie — Wed, 17 Jul 2024 13:48:17 +0000

Join Tom Ruggie in this episode of the "Significance of Wealth" podcast as he sits down with Barry Meisel, President and CEO of MeiGray Group. Dive into the fascinating world of sports memorabilia authentication with a focus on Barry's groundbreaking work in photo matching. This episode centers on the highly anticipated auction of a potentially record-breaking Babe Ruth jersey, expected to sell for upwards of $30 million.

Barry shares his journey from a game-worn jersey collector in the late '70s to establishing MeiGray in 1997. Learn how photo matching, akin to fingerprint analysis, has transformed the authenticity verification process by comparing unique characteristics of memorabilia with photographic evidence. Barry explains the meticulous research and technology involved, using the Babe Ruth jersey as a prime example.

Discover the historical significance, the growth of the sports collectibles industry, and the increasing value of authenticated relics. Barry also discusses the importance of partnerships with sports leagues in enhancing the credibility and desirability of these collectibles.

Don't miss this deep dive into the world of sports memorabilia and the upcoming auction that could set a new record!

Transforming Medicine through Passion and Innovation with Dr. Matt Leavitt (Ep 5)

Tom Ruggie — Wed, 19 Jun 2024 10:00:00 +0000

Welcome to The Significance of Wealth with Tom Ruggie, founder and CEO of Destiny Family Office. In each episode, Tom brings you fascinating topics and guests that reflect the independent thinking and tailored strategies he employs with his multifamily office clients. Together, we explore the evolving landscape of wealth management and ultra-high-net-worth investing, shedding light on alternative and private investments, and delving into the world of collecting as both a passion and an investment strategy.

In today's episode, we're honored to welcome Dr. Matt Leavitt, executive chairman and founder of Advanced Dermatology and Cosmetic Surgery. Dr. Leavitt is a nationally and internationally recognized physician, surgeon, educator, and humanitarian. We'll journey through his illustrious career, from his early days to his visionary approach to building successful medical empires.

Key Points Covered:

Early Vision and Growth: Discover how Dr. Leavitt grew his practices from scratch into some of the largest in the world.
Patient-Centered Philosophy: Learn about Dr. Leavitt’s patient-first approach and how it has driven his success.
Hair Restoration Passion: Explore Dr. Leavitt's personal and professional passion for hair restoration, including his own experiences.
Legacy and Family: Hear about the role of family in Dr. Leavitt's career, including his children’s involvement in the business.
New Ventures: Get insights into Dr. Leavitt's latest projects, including Leavitt Health Care Advisors and Restore Biologics.
Technological Advances: Understand the cutting-edge technologies and scientific advancements that are shaping the future of healthcare and hair health.

Practical Benefits:

Inspiration and Motivation: Be inspired by Dr. Leavitt's journey from humble beginnings to industry leadership.
Expert Insights: Gain valuable insights into the medical field, business growth strategies, and patient care.
Practical Advice: Learn actionable tips on health, wellness, and leveraging new technologies for better outcomes.

Don't miss this enriching conversation that may transform the way you define the significance of wealth and success. Tune in now to The Significance of Wealth with Tom Ruggie for a deep dive into the dynamic world of wealth management, healthcare innovations, and much more.

Unveiling the Legacy: A Journey Through Baseball Artistry (Ep 4)

Tom Ruggie, Dick Perez, Marq Evans, Thomas Ruggie — Wed, 15 May 2024 16:41:00 +0000

Welcome to the Significance of Wealth podcast, hosted by Tom Ruggie, founder and CEO of Destiny Family Office. In this exclusive episode commemorating the highly anticipated baseball documentary "The Diamond King," Tom welcomes two extraordinary guests: Legendary Baseball Hall of Fame artist, Dick Perez, and esteemed filmmaker and director of the documentary, Marq Evans.

As the executive producer of the film, Tom delves deep into the captivating narrative of Dick Perez's journey, from his modest origins in Puerto Rico to becoming the official Baseball Hall of Fame artist celebrated for encapsulating the very essence of baseball through his masterful paintings. Dick shares how his love for the game intertwined with his artistic prowess, shaping his destiny and leaving an enduring legacy. Marq shares the deeply personal inspiration behind his decision to embark on the endeavor to create a documentary based on Dick Perez and the history of baseball, offering insights into the profound significance the project holds for him personally.

Discussion topics:

The formative years of Dick Perez living in New York and how baseball ignited his passion for art.
The evolution of Perez's career, transitioning from graphic design to becoming the official artist for the Philadelphia Phillies, which ultimately launched his career as an artist.
The profound impact of Perez's artwork in encapsulating the rich history and sentimental value of baseball.
The emotional resonance of collecting baseball cards and reliving childhood memories through art.
Behind-the-scenes stories and inspirations driving the creation of the documentary.
How Marq’s documentary will visually narrate the history of baseball through Perez's paintings.

This episode promises a fresh perspective on the convergence of sports, art, and personal narrative. Inviting you to witness the magic behind baseball artistry and the profound impact of preserving cultural heritage through the strokes of a masterful artist's brush.

Discover how you can support the documentary by visiting the film’s website www.thediamondkingmovie.com.

Passion, Prestige, and Philanthropy: The High-Revving World of Exotic Car Collecting (Ep 3)

Tom Ruggie, joe sabatini — Wed, 17 Apr 2024 10:00:00 +0000

Buckle up for an exhilarating ride through the world of exotic car collecting with Tom Ruggie, the host of "Significance of Wealth" podcast, as he sits down with Joe Sabatini, the President of Festivals of Speed. In this episode, Tom and Joe delve into the heart of passion, prestige, and philanthropy that drives the exotic car collecting community.

Here's what you can expect:

Discover the captivating origin story of Festivals of Speed and how it evolved from a small gathering to the ultimate luxury showcase for exotic and classic cars, motorcycles, boats, and more.

Explore the diverse landscape of car collectors, from enthusiasts with a single cherished vehicle to apex collectors with impressive hundred-car collections.
Uncover the powerful role of nostalgia in driving collectors' passions, as they seek to fulfill childhood dreams and relive cherished memories through their automotive treasures.
Gain insights into the investment aspect of exotic car collecting and the delicate balance between passion and profit.
Learn about the importance of succession planning and charitable contributions in preserving and leveraging the legacy of exotic car collections for future generations.

Join Tom and Joe as they rev up the engines and take you on a thrilling journey through the fascinating world of exotic car collecting. Whether you're a seasoned collector or an aspiring enthusiast, this episode promises to ignite your passion and inspire you to explore the significance of wealth beyond mere monetary value.

Get ready to shift into high gear and tune in to "Passion, Prestige, and Philanthropy: The High-Revving World of Exotic Car Collecting" on the Significance of Wealth podcast.

Are you a collector? Our Collectibles Scorecard examines your current position and your desired goals in crucial areas of collecting: acquiring, preserving, cataloging, insuring, valuing, and ultimately passing on your cherished items. By completing this scorecard, you'll gain invaluable insights to safeguard yourself, your collection, and your loved ones. It will highlight areas needing attention, empowering you to take actionable steps alongside your trusted advisors, enhancing your peace of mind. https://destinyfamilyoffice.com/collectibles-scorecard/

To learn more about Festivals of Speed, please visit www.festivalsofspeed.com.

The expressed views, thoughts, and opinions in this episode of The Significance of Wealth belong solely to the host and/or guests and are not investment recommendations or offers to buy or sell securities or private investments by Destiny Wealth Partners or its affiliates. This podcast is for informational and educational purposes only. Depending on the alternative fund discussed, you must be either an Accredited Investor or above. An Accredited Investor as defined is $1 Million dollars of investment net worth exclusive of primary residence. Or a Qualified Purchaser as defined as being $5 Million dollars of investment net worth exclusive of primary residence. For more information about the Destiny Funds, eligibility, or our disclosures, please visit our website at www.DestinyFamilyOffice.com.

Unlocking Wealth Strategies: A Dive into Target Outcome Funds (Ep 2)

Tom Ruggie, Jeff Chang — Wed, 20 Mar 2024 10:00:00 +0000

Welcome to another episode of the Significance of Wealth podcast with your host, Tom Ruggie, founder and CEO of Destiny Family Office. In this episode, Tom sits down with Jeff Chang, president of CBOE Vest, to explore the intricate world of target outcome funds and how they’re providing investment solutions that focus on the potential for growth while limiting downside losses.

Join Tom and Jeff as they delve into the fascinating journey of CBOE Vest, a company founded on the belief that “investors crave certainty in their outcomes.” From navigating the financial services industry to creating target outcome funds managing $21.7 billion in assets, Jeff shares insights that resonate with both seasoned investors and those new to the field.

Key Points Covered:

The evolution of CBOE Vest and the factors that shaped its success.
Jeff Chang's background, from a mortgage trader to co-founding CBOE Vest.
The significance of utilizing exchange-traded options in wealth management.
Destiny Family Office’s relationship with Chicago Board Options Exchange (CBOE) and First Trust Capital Partners, which add significant investment capabilities to the firm.
Introduction to the Destiny Target Outcome Fund and its unique approach to income generation and downside protection.
Simplifying the complexity of target outcome funds for investors.
The dual strategy of generating income and protecting against market downturns.
Retaining upside potential while covering a portion of the portfolio with options.
The use of weekly options for accelerated decay and premium generation.

This episode provides a comprehensive understanding of target outcome funds and how investors can navigate the complex world of options to help achieve their financial goals. Learn practical strategies for income generation, downside protection, and what it might take to retain upside potential in an ever-changing market.

Tune in to this episode to unlock the secrets behind investment strategies and gain valuable insights into the world of target outcome funds. Don't miss out on this opportunity to redefine the significance of wealth in your financial journey.

Navigating Success, Investments, and Collectibles with Tom Ruggie (Ep 1)

Tom Ruggie, Thomas Ruggie — Tue, 20 Feb 2024 15:36:00 +0000

Welcome to the inaugural episode of Significance of Wealth podcast with Tom Ruggie, founder and CEO of Destiny Family Office. Hosted by Martie Salt, this podcast delves into the evolving landscape of wealth management. In each episode, Tom explores independent thinking and tailored strategies that go beyond financial expectations, shedding light on alternative and private investments, as well as the world of collecting as both a passion and investment strategy.

Key Points:

Defining Success Beyond Financial Norms: Tom reflects on success with a broad lens, challenging traditional definitions.
Financial Journey and Entrepreneurship: Tom shares his 30+ years of experience, from a stroke of luck to founding Destiny Family Office.
Core Values and Client Success: Discover the core values that have contributed to Tom's recognition as a top advisor, emphasizing the golden rule of treating clients as he would want to be treated.
Three Uniques of Destiny Family Office: Tom elaborates on the family office structure, investment platform, and unique collectibles aspect that sets his firm apart.
Passion for Collectibles: Learn about Tom's extensive sports memorabilia collection, autographs from legends like Babe Ruth and Muhammad Ali, and his unique approach to helping collectors plan for the future.
The Journey to $1 Billion in Assets: Tom discusses the path to exceeding $1 billion in assets under management and shares future goals for the firm.
Adapting to Change: Tom reflects on staying ahead of industry changes, adapting to technology, and working towards a next-gen business model.
The Role of AI in Wealth Management: Tom explores the potential impact of AI on marketing, investment selection, and the evolving landscape of financial advisory services.
"The Significance of Wealth" Podcast Structure: Tom outlines the podcast's three silos, focusing on family office needs, investment alternatives, and the world of collectibles.

Join Tom as he redefines the significance of wealth, offering insights, inspiration, and practical advice to transform your perspective on success, investing, and the true meaning of wealth. Don't miss out—tune in to explore the multifaceted world of wealth on the Significance of Wealth podcast.