In this episode of the Business and Wealth Conversations podcast, host Nick Grose speaks with Sean Miller, a Senior Loan Officer at First Home Mortgage. They discuss Sean's journey into the mortgage industry, the importance of education and communication in the home buying process, and the current landscape of the mortgage market. Sean shares insights on building trust with clients and realtors, common misconceptions about the mortgage process, and strategies for growing a successful mortgage business.

Key Takeaways

• Education and communication are crucial in the mortgage process.
• Building trust with clients and realtors is essential.
• Many misconceptions exist about the mortgage process.
• Effective communication can alleviate stress for buyers.
• Follow-up is key to maintaining relationships in business.
• Sean emphasizes the importance of understanding buyer stress points.
• A supportive team can significantly impact one's career.
• Diversity in investments is important for long-term wealth.

Contact info for Sean Miller

• Website: https://firsthome.com/loan-officers/sean-miller/
• Email: ⁠SMiller@firsthome.com⁠
• Instagram: https://www.instagram.com/sean.your.lo/

Chapters

00:00 Introduction to the Mortgage Industry

02:32 Sean's Journey in the Mortgage Business

05:11 Understanding the Client's Needs

07:55 The Importance of Education and Communication

10:49 Common Misconceptions in the Mortgage Process

13:15 Building Relationships with Realtors

16:03 Marketing Strategies and Lessons Learned

18:54 Long-Term Wealth Building Strategies

21:37 Gratitude and Team Dynamics

24:14 Closing Thoughts and Contact Information

27:39 Ending Disclosures

Investment Advisory Services offered through Bay Colony Advisors DBA Grose Wealth Management. None of this information should be considered financial, legal, or tax advice. No financial advice may be rendered without a signed investment advisory contract.

Should you hold or sell company stock like RSUs, ESPPs, or stock options?

If your employer keeps rewarding you with company stock, your portfolio could become dangerously concentrated without you even realizing it.

In this video, fiduciary financial advisors Nick and Peter Grose of Grose Wealth Management break down how to think about employer stock compensation, including RSUs, Employee Stock Purchase Plans (ESPPs), and stock options, and why holding too much of one company’s stock can create significant long-term risk.

You’ll learn:

• Why employer stock creates concentration risk in your investment portfolio
• The emotional traps that cause people to hold onto company stock too long
• Real-world examples of once-great companies whose stocks declined sharply
• When to sell company stock based on long-term capital gains and plan rules
• How to create a systematic diversification strategy (instead of market timing)
• Tax-efficient ways to diversify, including direct indexing, tax-loss harvesting, and advanced hedge fund strategies for large stock positions

This video is especially relevant if you:

• Receive RSUs or ESPP shares every year
• Have a large portion of your net worth in one stock
• Are approaching retirement and want to reduce risk
• Are worried about taxes when selling highly appreciated stock

📈 The key takeaway: Individual stocks can fail — diversified markets historically don’t. Setting up a thoughtful, tax-aware plan can help you reduce risk without derailing long-term growth.

If you’re receiving employer stock or sitting on a concentrated position, this video will help you understand when to sell, how to diversify, and how to do it tax-efficiently.

About us: https://grosewealthmanagement.com/

0:00 Should I Sell or Hold My Company Stock?

1:08 Horror Stories of Company Stock Crashing Down

2:54 Why You May Want to Hold - Emotional Ties

3:28 Individual Stocks Can Crash But The Total Market Doesn't

4:09 Concentration Risk

5:14 Why You Want to Diversify

5:54 Warren Buffett's Advice

6:12 How to Diversify Out of Company Stock

8:12 Strategies for Selling Out of Company Stock and Reinvesting

10:56 Diversification and Risk Management

Disclaimer: Investment Advisory Services offered through Bay Colony Advisors DBA Grose Wealth Management. None of this information should be considered financial, legal, or tax advice. No financial advice may be rendered without a signed investment advisory contract.

If your CDs from 2023 or 2024 are maturing, you’re not alone—and many investors are asking the same question:Should I lock in long-term CDs or long-term bonds now that interest rates have come down?In this podcast, Nick Grose and Peter Grose of Grose Wealth Management explain why long-term bonds and long-term CDs may carry more risk than most investors realize, especially when it comes to inflation risk and interest rate risk.We break down:

• What happens when interest rates rise after you lock into a long-term bond
• Why long-term government bonds aren’t as “low risk” as they seem
• How inflation can quietly erode your real returns
• Why short-term government bonds and T-bills are considered the true “low-risk” option
• What academic research (Fama & French) shows about risk vs. reward in long-term bonds
• Where investors are actually rewarded for taking risk (and where they are not)

If you’re deciding what to do with maturing CDs, trying to balance safety, liquidity, and long-term growth, or wondering whether stocks vs bonds make sense in today’s market, this video will help you think through the trade-offs clearly.Key takeaway:You are often not adequately compensated for the additional risk of long-term bonds. If you want safety, short-term bonds may be more appropriate. If you want higher returns, history shows that diversified equity investing has provided better long-term compensation for risk.About us: https://grosewealthmanagement.com/Grose Wealth Management, a fiduciary family office serving Northern Virginia and families across the U.S.Subscribe for insights on investing, retirement planning, and building long-term wealth.Investment Advisory Services offered through Bay Colony Advisors DBA Grose Wealth Management. None of this information should be considered financial, legal, or tax advice. No financial advice may be rendered without a signed investment advisory contract.