Matthew Nordmann CFP®️ AIF®️
Partner/Financial Advisor
Matthew Nordmann has worked in the financial services industry for more than 25 years. He co-founded Morrison Nordmann and Associates in 2001 out of a desire to help clients build an amazing life of significance and plan the rest of their lives. He is a graduate of The George Washington University. He lives in Dewitt, Michigan with his wife Sherri and is the proud father of two daughters.
Scott Morrison
Partner/Financial Advisor
Scott Morrison has worked in the financial services industry for more than 25 years. He co-founded Morrison Nordmann and Associates in 2001 with the goal of helping clients achieve their dreams while working together as a true team. He lives in Grand Ledge, Michigan with his wife Tanya, and enjoys spending time with their married children and three grandchildren.
Podcasts
Path to Abundant Living
Welcome to Path to Abundant Living, where we address pertinent topics surrounding wealth management to help better position yourself, your family, and your business for success.
Listen as Scott Morrison and Matt Nordmann, Managing Partners of Morrison, Nordmann & Associates, tap into their wealth of financial experience and address various strategies and services they utilize for their clients.
So sit back, relax, and enjoy intriguing financial conversations that place you on path to abundant living and help you navigate the rest of your life.
Protecting Your Legacy: The Importance of Estate Planning
Estate planning isn’t just about distributing assets; it’s about ensuring your legacy lives on according to your wishes. Joined by Jack Weyers, Estate Planning Attorney at Family and Elder Law of Mid-Michigan, we discuss the fundamental components of estate planning, from drafting wills and trusts to designating beneficiaries and establishing healthcare directives. Our guest sheds light on the common misconceptions surrounding estate planning and highlight why it’s crucial for individuals of all ages and financial backgrounds.
Throughout the conversation, we’ll uncover the potential pitfalls of neglecting estate planning and the legal complexities that can arise without proper preparation. From minimizing tax burdens to protecting family members and business interests, our experts will provide invaluable insights into the multifaceted aspects of estate planning.
Enjoy!
Chapters:
0:00 – Introduction and overview on the topic of the day
2:11 – Welcoming Jack Weyers onto the show
4:00 – Why Jack feels compelled to orchestrate estate plans for families
7:34 – Some success stories in helping to avoid estate-related issues
11:22 – The key areas someone should be reviewing within their estate plan
16:58 – Do you need a trust?
21:50 – How Jack counsels families and navigates challenging wealth-related discussions
26:05 – Navigating situations where there were multiple marriages
31:42 – The picture hanging in Jack’s office
36:26 – What an initial meeting with Jack and his team looks like
40:20 – How to get in touch with Jack and his team
42:28 – The key takeaways from today’s episode
47:20 – How to get in touch with Matt and Scott for a deeper discussion on estate planning
48:40 – Closing remarks
Connect with Scott Morrison and Matt Nordmann:
March 27, 2024
March 13, 2024
February 12, 2024
December 11, 2023
October 24, 2023
September 12, 2023
August 3, 2023
June 23, 2023
June 7, 2023
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Videos
An Overview on Stress Testing
In the inaugural episode of Path to Abundant Living, we introduce you to Scott Morrison and Matt Nordmann, Managing Partners of Morrison, Nordmann & Associates, as they shed light on one of the most important financial conversations of all - the stress testing process. Stress tests are an integral part of Scott and Matt's wealth management process and they are designed to evaluate whether an individual, family, or business's current financial portfolio is likely to generate the results they want and expect. Scott and Matt work with an array of clients, with varying net worths, and there are numerous lessons...
What Makes a Good Wealth Manager Great?
In the second installment of Path to Abundant Living, Matt and Scott explore the key ingredient missing within most wealth managers and why affluent individuals should be demanding more out of their financial planning professional. It’s no secret that the affluent have access to the top financial professionals, who possess the highest levels of financial acumen attainable. However, in most cases, that isn’t enough to efficiently and effectively manage a client’s portfolio. In this episode, Matt and Scott highlight the importance of the human element and its role within their conversations with clients. Only by understanding the client’s core values...
Preparing Heirs for Their Inheritance
In the latest installment of Path to Abundant Living, Scott and Matt explore the complex nature surrounding inheritances. The big question surrounding this topic is: Are your heirs ready to deal with the wealth you may be planning to pass on to them someday? It's an unfortunate fact that inheritors often struggle with their windfalls in a way that can be hazardous to the overall wealth. It takes proper planning and clear communication to alleviate any potential problems that could occur with the inheritance itself, as well as the beneficiaries' spending habits afterwards. We all understand the general process behind...
Should You Be An Executor?
In the latest installment of Path to Abundant Living, Scott and Matt address a new topic, surrounding the roles and responsibilities of an executor. When faced with this role, oftentimes, individuals are unaware of the full extent of responsibilities that accompany this role. Additionally, an executor faces an apparent level of personal risk when assuming this position. Listen as we dive into the duties of the role, as well as the assortment of variables to consider. So sit back, relax, and enjoy a thought-provoking conversation that will leave you considering whether or not you're suited for the role of an...
The Benefits of a Family Constitution
One of the biggest concerns facing affluent families is how to manage their wealth so that it achieves many goals. Their focus could be continuing to grow their wealth as it is transferred to younger generations, or aligning the use of that wealth with the values and ideals the family holds dear, or even protecting that wealth from creditors and others who might seek to take it unjustly. Often the best place to start, is to ensure that your family members are aligned when it comes to key issues. A family constitution can be a great way to get that...
Do You Have What it Takes to Create Significant Wealth?
In the latest installment of Path to Abundant Living, Scott and Matt take a different approach to their typical conversations and address the best practices for generating a significant level of wealth. There's no denying that entrepreneurship is the most effective method of generating wealth, but it takes more then a great business plan. Matt and Scott identify and take a deep dive into the four drivers of success: a commitment to achieve, a quality business model, an ability to build strong relationships, and a willingness to engage with elite wealth planners. Additionally, Scott and Matt share their own personal...
What is Wealth Planning, Really?
One mistake that can be so easy to make is focusing on one aspect of our financial life. In doing so, we can miss opportunities as well as take on unnecessary levels of risk. In the latest installment of Path to Abundant Living, Matt and Scott explore methods to avoid that problem and address the full range of financial concerns through wealth planning. Ultimately, it comes down to analyzing your full financial picture! While investment management plays a role in this conversation, your advanced needs are also considered, like wealth protection, tax mitigation, estate planning, and charitable giving. Sit back,...
Five Mistakes Affluent Homeowners Make
Affluent families and individuals often have an overwhelming amount of things on their plate, making it easy to overlook issues tied to one of their largest assets. Our homes are not only a massive asset, but they are also important to our financial security and personal sense of stability. In the latest installment of Path to Abundant Living, Matt and Scott are identifying the five critical mistakes that affluent homeowners are making today. Whether it be a lack of adequate coverage, or ensuring the right items are covered under different policies, affluent families are regularly making costly mistakes! This is...
A Wall Around Your Wealth
Being wealthy and successful is great in many ways, but it can put a target on your back for frivolous lawsuits. Asset protection planning can help you better safeguard your wealth. In the latest installment of Path to Abundant Living, Matt and Scott explore some foundational asset protection strategies that you may want to consider. Matt and Scott are routinely having these conversations with their clients to put them on their own path to abundant living, while also building a proverbial wall around their wealth. So sit back, relax, and enjoy another thought-provoking conversation! Timecodes: 0:07 - Introduction and overview...
It's Time to Review That Trust!
With so many changes in the world, and perhaps in your own family, a trust you’ve set up to achieve your financial goals could be out of date even if it’s just a few years old. On the latest installment of Path to Abundant Living, we're examining how to size up the current status of a trust to see whether it's still on track, so you can decide if any changes are appropriate. This is a routine conversation that Scott and Matt are having with their clients at Morrison Nordmann & Associates, so there's plenty of great information packed into...
Transferring Values, Not Just Wealth to Your Heirs
Many of us have thought about how to best transfer our wealth to our heirs someday. Unfortunately, parents and grandparents with significant assets don’t always spend enough time on passing along the values that helped them build, grow and maintain that wealth. On the latest installment of Path to Abundant Living, Scott and Matt are examining the importance of transferring financial values to our kids and some of the best methods to do so. Sit back, relax, and enjoy another enlightening episode that's bound to leave you with some considerations for your own heirs! Timecodes: 0:06 - Introduction and overview...
Do You Know Your High-Net-Worth Personality Type?
We all have various personality traits. Some of us are introverts while others are extroverts, for example. However, did you know that you also have a wealth personality and it can have a big impact as you pursue your financial goals? On the latest installment of Path to Abundant Living, Matt and Scott are diving deep into the various high-net-worth personality types that exist today. Listen as they outline the various options out there, as well as strategies to help identify which category you fall into. By recognizing which high-net-worth personality type you have, you can position yourself to make...
Finding Advisors Who Are Truly Client-Centric
When advisors truly know their clients, as people and not just numbers on a paper, they can better help them achieve their financial and other goals. In the latest episode of Path to Abundant Living, Matt and Scott are exploring the value associated with having advisors that are truly client-centric, as well as how you can identify if your current advisor takes a client-centric approach. Timecodes: 0:06 - Introduction and overview on the topic of the day 1:30 - How wealth management has changed to become more client-centric overall 2:30 - The steps wealth managers are taking to understand their...
The Surprising Value of a Client Advisory Board
Business owners want to better understand their clients so they can serve them exceptionally well and grow their enterprise. And while surveys, market research and other tools can be key parts of that effort, there’s another smart marketing strategy that too many entrepreneurs overlook. On the latest episode of Path to Abundant Living, we're diving into the surprising value of utilizing a client advisory board! Timecodes: 0:06 - Introduction and overview on the topic of the day 1:30 - The twist on a traditional approach 2:54 - What does a client-focused board of advisors does and how they operate 5:11...
Wealth Planning for Age 90, 100 and Beyond!
We’re living longer than ever these days! That means our wealth may need to see us through what could be an extremely lengthy retirement. This can sometimes be a double-edged swrod scenario. On the latest installment of Path to Abundant Living, we’re exploring how an increasingly important aspect of wealth management, called longevity planning, can potentially help position our finances for the long haul. Timecodes: 0:06 - Introduction and overview on the topic of the day 1:50 - Living longer is a double-edged sword 3:10 - How wealth managers are addressing these issues 5:15 - How wealth management is being...
Turn Positive Thinking Into Focused Action
We all want to achieve our goals and help the people we care about most reach their objectives. However, we’re not always certain about the best way to make that happen! On the latest installment of Path to Abundant Living, we’re examining how the idea of positive thinking, while helpful, can actually hold you back if you don’t augment it with a smart action plan. Timecodes: 0:06 - Introduction and overview on the topic of the day 1:39 - Positive thinking sounds great in theory 2:32 - The downside of positive thinking 4:07 - What research on positive thinking tells...
From Owner to Consultant: Your "Retirement Career"
If you’re a business owner who decides to sell or transition the ownership of your business, do you know what your next move will be? For some entrepreneurs who want to stay part of the business world they know so well, becoming an independent consultant can be a new stage in their entrepreneurial lives. On the latest episode of Path to Abundant Living, we’re taking a look at some key issues involved in transitioning from being a business owner to being a business consultant. Timecodes: 0:06 - Introduction and overview on the topic of the day 2:03 - The trend...
Safeguarding Assets From an Ex-Spouse
While divorce rates in the U.S. have generally been falling for some time, the sad fact is that many marriages don’t work out. On this episode of Path to Abundant Living, we’re examining ideas and options for protecting financial assets in the event that a marriage, yours or that of a loved one, ends in divorce. Timecodes: 0:06 - Introduction and overview on the topic of the day 1:50 - Divorce is an outcome that should be factored into wealth planning efforts 3:17 - Misconceptions around prenups and planning ahead for them 5:36 - How asset protection strategies vary from...
Smart Money Moves to Make While You're Still Mentally Sharp
As we age, many of us will experience cognitive decline, maybe minor, but perhaps major. On the latest episode of Path to Abundant Living, we’re looking at some ways to potentially safeguard your assets from wealth-destroying mental money mistakes before that time comes. Here’s a look at how to do it! Timecodes: 0:06 - Introduction and overview on the topic of the day 1:38 - We don't want to think about losing our mental edge 2:47 - These are important conversations to begin having 4:22 - Start planning efforts as early as you can 5:50 - The steps people should...
Here's How Successful People Set Goals for Themselves
There’s no shortage of goals that we want to achieve for ourselves, our loved ones, and even our communities. But defining meaningful goals and pursuing them intelligently is a big challenge for many of us. On the latest episode of Path to Abundant Living, we’re looking at some ways we can develop a clear vision for our lives, translate that vision into actionable objectives, and go after those goals with gusto. Timecodes: 0:06 - Introduction and overview on the topic of the day 1:28 - Why goal setting is such an important facet of life 2:16 - Tips for developing...
Seven Steps to Powerful Professional Relationships
The people you know can play a big part in the amount of success you achieve in business and in life. But for contacts to be important and valuable to that success, you need to develop powerful relationships with them that get results for all involved. On the latest episode of Path to Abundant Living, we’re exploring some key ways to make that happen! Timecodes: 0:06 - Introduction and overview on the topic of the day 1:25 - "It's not what you know. It's who you know." 2:32 - What highly successful people are doing to connect with others 4:16...
Traveling to a Life of Significance with Cindy Gonzalez
You've worked so hard to achieve success and the wealth that comes along with it. For many people in this position, they look to travel as a means of enjoying that wealth and creating long-lasting memories for them and their families. On the latest episode of Path to Abundant Living, Matt and Scott are joined by Cindy Gonzalex, Owner & Designer at Theory of Travel, for a great conversation surrounding her efforts to create custom curated travel experiences and eliminate the hassle of vacation planning for you. Cindy shares some fantastic travel strategies, as well as her top destinations she's...
Legacy Planning for You and Your Family (Feat: Cindy Arledge)
On the latest episode of Path to Abundant Living, we're pleased to welcome Cindy Arledge to the show to discuss the increasingly popular topic of legacy planning! Cindy Arledge, MBA brings a fresh new approach to an age-old problem: how to transfer wealth without destroying your beneficiaries’ ambition and drive, and their relationships to each other. Motivated by the most painful experience of her life, losing a brother’s relationship over a shared inheritance, Cindy developed a process to help business owners preserve family relationships through emotional and financial storms. Cindy shares her unique insights into the world of legacy planning...
Living Your Life On Target! (Feat: Chris and Matt Johnson)
While wealth is a primary focus on our podcast, we're taking a different approach today and examining the importance of health. Without a healthy lifestyle, your Path to Abundant Living could be quite short! On the latest episode of Path to Abundant Living, we welcome Chris Johnson, Founder & CEO of On Target Living, and Matt Johnson, President of On Target Living, to discuss their signature REST EAT MOVE system. As the company's Founder, Chris has become an international speaker, thought leader and best-selling author. He is on a mission to inspire people to take small steps to healthy living....
Client Questions Answered!
On the latest episode of Path to Abundant Living, we're taking a different approach to our typical conversations. This time around, Matt and Scott are tackling some of the most pressing questions they've been receiving from their clients. As the financial landscape continues to evolve, it's crucial to stay informed and empowered to make well-informed decisions. Join Matt and Scott as they delve into the complex world of personal finance, providing invaluable insights and practical advice to help listeners navigate the uncertainties that come with managing their wealth. With their wealth of knowledge and experience, they aim to address the...
Seven Things You Should Do Right Now!
It's easy to drag your feet on making financial decisions. We're all guilty of it. However, indecision, or a lack of action, can be detrimental to your financial world and keep you from achieving the future goals you have in mind! On the latest episode of Path to Abundant Living, we're addressing seven items you can be doing right now to reinforce your financial world and put you on the path to abundant living. Timecodes: 0:06 - Introduction and overview on the topic of the day 1:39 - Why you should be addressing your Powers of Attorney now 5:23 -...
Matt Nordmann's MyStory
Scott Morrison appears on MyStory
The Power of Body Language and Nonverbal Communication
In a world where words often fall short, understanding the subtle art of nonverbal communication can be a game-changer. From the tilt of a head to the twitches of a hand, our body language reveals more about our thoughts and emotions than we might realize. On the latest installment of Path to Abundant Living, we welcome Joe Navarro renowned author, speaker, and former FBI agent, to discuss his decades of expertise in deciphering the unspoken cues that shape our interactions. This episode is packed with helpful takeaways to improve your nonverbal communication skills! Timecodes: 0:06 - Introduction and overview on...
Fly Into the Wind!
It all began with Lieutenant Col. Dan Rooney’s flight home from his second tour of duty in Iraq. An F-16 fighter pilot in the Oklahoma Air National Guard, he became painfully aware of the realities families face when a loved one in uniform is fallen or disabled. Since that night, Lt Col Rooney has committed his life to rallying patriotic Americans and meeting sacrifice with hope through the Folds of Honor. Since 2007, they’ve provided life-changing scholarships to the spouses and children of America’s fallen or disabled military. And now, their mission expands to the families of America’s first responders....
The Challenges of Real Estate in 2023
The real estate market has been rapidly changing over the last few years, and rising interest rates are making an impact on home purchases at large! On the latest episode of Path to Abundant Living, we're thrilled to welcome Brooks Warner, Co-Owner of the Mitten Home Team, to unpack a variety of pressing real estate questions, best practices when buying a home, and what you should be on the lookout for! Brooks' extensive experience in real estate will leave you with some helpful considerations, should you be interested in purchasing a home. Timecodes: 0:06 - Introduction and overview on the...
The Benefits of Concierge Medicine
On the latest episode of Path to Abundant Living, we unravel the transformative world of Concierge Medicine with none other than Dr. Dan Carlin, the visionary Founder & CEO of World Clinic. Concierge Medicine, a paradigm shift in healthcare delivery, offers patients personalized, unhurried, and unparalleled access to their healthcare providers. Dr. Carlin, a trailblazer in this field, shares his invaluable insights and experiences, shedding light on the revolutionary changes Concierge Medicine brings to the healthcare landscape. Discover how Concierge Medicine redefines the patient-doctor relationship, fostering a more profound connection built on trust, time, and personalized attention. Chapters: 0:00 -...
Charis Your Life and Be Fulfilled!
Join us in this enlightening episode as we sit down with Charis Santille, founder of Charis Your Life, a renowned organization dedicated to helping individuals achieve balance in their lives. In this thought-provoking conversation, Charis shares her insights and practical tips on how to cultivate a harmonious and well-rounded life in the midst of today's fast-paced world. Discover the importance of creating a balance between work, personal relationships, and self-care, as Charis draws upon her extensive experience in coaching and personal development. We delve into the challenges many of us face in juggling various aspects of our lives and explore...
Know Your Numbers!
On the latest episode of Path to Abundant Living, we sit down with the visionary Chris Johnson, Founder of On Target Living, to delve deep into the world of holistic well-being. Join us as we explore the crucial importance of living a healthy lifestyle and discover how Chris's organization is revolutionizing the way people approach their well-being. Chris Johnson is not just a health expert; he's a passionate advocate for empowering individuals to achieve their full potential through sustainable and balanced living. In this interview, we uncover the core principles of On Target Living and the transformative impact it has...
Cybersecurity Considerations From an Expert
On the latest installment of Path to Abundant Living, we delve into the crucial realm of cybersecurity with none other than Cheyenne Harden, the visionary Owner & CEO of Cyber Protect LLC. With the digital landscape evolving at an unprecedented pace, the importance of cybersecurity has become more paramount than ever before. Join us as we sit down with Cheyenne to unravel the complexities of cybersecurity in today's interconnected world. From the rising threat of cyber attacks to the indispensable measures needed to safeguard our digital assets, Cheyenne provides invaluable insights garnered from years of experience at the forefront of...
Protecting Your Legacy: The Importance of Estate Planning
Estate planning isn't just about distributing assets; it's about ensuring your legacy lives on according to your wishes. Joined by Jack Weyers, Estate Planning Attorney at Family and Elder Law of Mid-Michigan, we discuss the fundamental components of estate planning, from drafting wills and trusts to designating beneficiaries and establishing healthcare directives. Our guest sheds light on the common misconceptions surrounding estate planning and highlight why it's crucial for individuals of all ages and financial backgrounds. Throughout the conversation, we'll uncover the potential pitfalls of neglecting estate planning and the legal complexities that can arise without proper preparation. From minimizing...