Preserving the wealth you've built

Creating the LifestyleYou Want

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Why Second 50

Preserve your lifestyle by making financial decisions with confidence

Pursue opportunities identified with our insights, strategies and tools

Embrace the full vitality of your life and financial well-being

Preserve your lifestyle by making financial decisions with confidence

Pursue opportunities identified with our insights, strategies and tools

Embrace the full vitality of your life and financial well-being

Our Approach

With an emphasis on the lasting value of holistic financial planning, we focus on strategies aimed at preserving the wealth you have built and supporting the lifestyle you love.

Financial
Planning

Applying our decades of experience helping clients prepare for– and to thrive in their second 50 years, we have developed a proprietary planning process called Lifestyle Preservation Planning™.

Going beyond traditional tax mitigation and estate planning strategies, we focus on solutions designed to fund the lifestyle you want for your second 50 years. We tailor each plan to optimize how each client actually uses the wealth they’ve built to live the life they love.

Because we are independent and serve our clients as a true fiduciary,

we can offer our Lifestyle Preservation Planning for a flat fee, and we’re available to provide Advanced Preservation Consulting separately.

Wealth Preservation
Strategies

With our decades of experience and education, we know how devastating big drawdowns can be on income-producing portfolios. That’s why the focus of the Strategic Investment Portfolios we construct for each of our clients is on preservation and income, and protecting against drawdowns. In fact, the investment managers we select are identified for their commitment to preserving capital as well as the value of our clients’ money, especially during inflationary times.

Within this risk-controlled investing style, we look for outside-the-box opportunities,

while concentrating on income-producing assets, including dividend-paying stocks, private debt, and tax efficient income-focused real estate.

Did you know that Real Estate Income over the last 25 years has increased at nearly the same average annual rate as inflation (2.9% vs 2.3%)?

To acquire wealth is difficult, to preserve it is more difficult, but to spend it wisely, most difficult of all.”

J. Edward Day

Who We Are

We prioritize the preservation of wealth and lifestyle as its sole focus. We are proud of our independence and how that allows us to serve our clients as their fiduciary – putting their best interests ahead of those of our firm.

True Fiduciary

Working with high-net-worth individuals and families in the second 50 years of life, we develop financial plans and investment portfolios to ensure they will not outlive their money – and, in fact, use that wealth to pursue a vibrant lifestyle with confidence.

Experience & Expertise

The experience and expertise of our team allow us to see beyond the traditional and open the door to a new level of 21st century strategic planning and solutions to benefit our clients.

Firm
Leadership

Kathleen Adams CFP® CPWA®

Kathleen Adams CFP® CPWA®

Founding Partner | Financial Planner

David Swift CIMA®

David Swift CIMA®

Founding Partner | Financial Planner

Kathleen Adams, CFP® CPWA® is a founding partner of Second 50 Financial. As a financial planner for over 20 years, she is in the lifestyle preservation business. She and her team have developed a unique process in order to address the expanded needs of successful business owners who are enjoying a wonderful lifestyle and require a different kind of financial plan.

Kathleen is a member of the Investment Management Consultant Association, the Los Angeles Chapter of the Financial Planning Association, The Purposeful Planning Institute, the South Bay Estate Planning Council and Manhattan Beach Rotary Club.

Kathleen has a Bachelor of Science degree from Loyola University in Chicago, graduating magna cum laude. She earned her CERTIFIED FINANCIAL PLANNER™ certification and completed the Personal Financial Planning (PFP) designation program at UCLA Extension in 2003. In 2015, Kathleen earned the Certified Private Wealth Advisor® designation, in advanced wealth management strategies and applied concepts at The University of Chicago Booth School of Business as well as the Applied Behavioral Finance Certificate enhancing her industry knowledge.

Kathleen is originally from Chicago but has lived in Manhattan Beach for the last 30 years with her husband, two daughters and most recently, three grandsons.

(CA Ins. License #0C76833)

David Swift, CIMA® is a Founding Partner of Second 50 Financial. His chief role is to help develop sound financial advice for the firm’s clients. His focus is on investment analysis and financial planning strategy. He also takes a lead role in working with clients’ tax advisors during the formation and execution of financial plans.

David has been working in the financial related industry for over 12 years. He has successfully completed the Certified Investment Management Analyst (CIMA®) Program at the Wharton School of Business. Recently, David earned the Investment Management Consultant’s Association’s (IMCA) Applied Behavioral Finance Certificate. The program addressed common behavioral challenges that trip up investors and advisors alike. IMCA’s program featured notable experts from leading business schools such as MIT, Chicago Booth and Duke presenting in-depth, thoughtful, and interesting research from the field today. The program also included timely and relevant presentations from behavioral finance experts, financial advisor practitioners, and cutting-edge academics. David holds the Series 7, 66 and CA Insurance license.[TS1] 

David is currently a member of The Investment Management Consultant Association. Prior to moving to the U.S., David worked at Apodi in London, a strategic business consulting firm.

Originally from Bath, England, David has also lived in Australia, and most recently the U.S. for the last 12 years. David currently resides in Scottsdale, Arizona.

(CA Ins. License #0H33436)

Senior
Team

Lisa Morig

Lisa Morig

Director of Client Operations

Katie O’Neill

Katie O’Neill

Director of Financial Planning

Lisa Morig’s primary focus is Client Administrative Operations for Second 50 Financial. Lisa has over 10 years of experience in the financial industry providing expert client service and support to financial firms and clients.

Lisa graduated from Rockford University with a B.A. in Elementary Education.

Lisa currently resides in Redondo Beach.

Katie O’Neill’s focus is primarily on Business Operations for Second 50 Financial. With over ten years of experience, Katie also takes a lead role in the collection and input of financial planning data for our clients.

Katie graduated from the University of California, Santa Barbara with B.A. degrees in Business Economics and Psychology.

Katie resides in Hermosa Beach with her husband Dennis and their two sons.

Extended
Team

Bill Carlson, CPA®

Bill Carlson, CPA®

Outsourced CFO, business and tax planning

Todd Sakoda

Todd Sakoda

Professional Outsourced Compliance Partner

Bill has over 30 years of public accounting experience, beginning his career with Price Waterhouse. Currently, the principal focus of his firm, Carlson CPA, Inc., is providing outsourced client accounting services, including CFO services and income tax planning to the business and their owners.

Todd has 25+ years of experience in the financial services industry, ranging from compliance and operations to business development and relationship management. He has served as Chief Compliance Officer, Chief Operating Officer, Director of Advisor Development, and other roles. Over his last 17 years, he has focused on supporting independent registered investment advisory firms. During his career, he has also worked with independent broker-dealer advisors and bank investment programs.

Resource Partners

To activate and optimize the objective financial advice we provide to our clients, we collaborate with and leverage the very best in institutional expertise from our trusted resource partners.

Second 50 Financial custodies it’s assets with Charles Schwab Institutional. Charles Schwab is one of the leading asset management firms with total client assets of over $7.4 trillion as of May 31, 2021. The company has over 32 million active brokerage accounts, 1.6 million banking accounts, and maintains about 360 branches across the nation. It also has branch offices in the United Kingdom, Singapore, Australia and Hong Kong. Charles Schwab is the largest publicly traded investment firm in terms of client assets.

We have chosen Schwab for their industry leading service, product lineup and their strong commitment to to the security or our clients assets.

Charles
Schwab

Day Hagan’s investment process is centered upon tactical asset management. Day Hagan actively manages portfolios, believing that buy-and-hold strategies are no longer relevant. Their investing discipline is designed to reduce portfolio risk as economic indicators and fundamental indicators decline and increasing exposure as the equity environment improves.

Day Hagan’s proprietary models quantitatively interpret the ever-changing market conditions and adjust the portfolio. The models provide the flexibility to seize opportunities in the marketplace in a rational, model-based, unemotional manner.

Day Hagan
Asset Management

Founded in 1996, Northern Capital is a specialized institutional investment management firm singularly focused on the fixed income market. They work behind the scenes to support many of the nation’s top independent investment advisor networks. They empower advisors with portfolio management expertise, strategies, research, trade execution, and with private label resources Northern Capital has developed proprietary, leading-edge technologies that modernize the management of individual bond portfolios.

Northern
Capital

First Trust Capital Solutions L.P. (FTCS) is a holding company whose subsidiaries offer a curated spectrum of alternative investments across private equity, venture capital, hedge funds, real estate, and private credit.

FTCS leverages an experienced research team to source top-tier managers across the alternative investment universe. Through a comprehensive due diligence process, the FT-AIR team utilizes its expertise and extensive network to source investments offering competitive risk-adjusted returns.

First Trust
Capital Solutions

Charles
Schwab

Second 50 Financial custodies it’s assets with Charles Schwab Institutional. Charles Schwab is one of the leading asset management firms with total client assets of over $7.4 trillion as of May 31, 2021. The company has over 32 million active brokerage accounts, 1.6 million banking accounts, and maintains about 360 branches across the nation. It also has branch offices in the United Kingdom, Singapore, Australia and Hong Kong. Charles Schwab is the largest publicly traded investment firm in terms of client assets.

We have chosen Schwab for their industry leading service, product lineup and their strong commitment to to the security or our clients assets.

Day Hagan
Asset Management

Day Hagan’s investment process is centered upon tactical asset management. Day Hagan actively manages portfolios, believing that buy-and-hold strategies are no longer relevant. Their investing discipline is designed to reduce portfolio risk as economic indicators and fundamental indicators decline and increasing exposure as the equity environment improves.

Day Hagan’s proprietary models quantitatively interpret the ever-changing market conditions and adjust the portfolio. The models provide the flexibility to seize opportunities in the marketplace in a rational, model-based, unemotional manner.

Northern
Capital

Founded in 1996, Northern Capital is a specialized institutional investment management firm singularly focused on the fixed income market. They work behind the scenes to support many of the nation’s top independent investment advisor networks. They empower advisors with portfolio management expertise, strategies, research, trade execution, and with private label resources Northern Capital has developed proprietary, leading-edge technologies that modernize the management of individual bond portfolios.

First Trust
Capital Solutions

First Trust Capital Solutions L.P. (FTCS) is a holding company whose subsidiaries offer a curated spectrum of alternative investments across private equity, venture capital, hedge funds, real estate, and private credit.

FTCS leverages an experienced research team to source top-tier managers across the alternative investment universe. Through a comprehensive due diligence process, the FT-AIR team utilizes its expertise and extensive network to source investments offering competitive risk-adjusted returns.

Contact

We are an independent registered investment adviser whose priority is wealth preservation. For the Second 50 team and the clients we serve, preservation means not only assets but cashflow and lifestyle. We are committed to helping our clients make the confident decisions and pursue the rich opportunities that together can sustain the vitality of their lives and their legacies.

If you are ready to prepare for your second 50 years and to wisely use the wealth you’ve built and earned, then call on us today.

We can help you continue to live the life you love.

SECOND 50 FINANCIAL

111 N. Sepulveda Boulevard
Suite 300
Manhattan Beach, CA 90266

424-260-1551

info@second50financial.com