Category: In the Press
From the Squash Court to the Family Office: Jon Foster on Building Angeles Wealth (Ep. 34)

From the Squash Court to the Family Office: Jon Foster on Building Angeles Wealth (Ep. 34)

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Summary: On this episode of PRess Play: The StreetCred Podcast, host Elena Krasnow and co-host Jason Lahita sit down with Jon Foster, president and CEO of Angeles Wealth Management. Jon reflects on his unique career trajectory, from becoming a top-ranked professional squash player to leading Wall Street trading desks. He later founded Angeles Wealth Management to bring institutional-grade investment strategies to ultra-high-net-worth families.

 

We cover:

  • Jon’s early days as a professional squash player, including his top-10 North American ranking
  • His pivot from Wall Street trading desks and Bear Stearns stockbroking to embracing a 100% fiduciary wealth management model
  • Jason and Jon’s longstanding relationship, which dates back to their time at Carson Wealth
  • The lightbulb moment that led to the founding of Angeles Wealth Management
  • The launch of the Angeles Family Office earlier this year and the acquisition of XO Capital
  • Leadership lessons Jon learned from his father
  • …and much more!

Tune in for a conversation packed with engaging stories, practical leadership wisdom and sharp industry perspectives from one of wealth management’s most seasoned and thoughtful founders!

 

Topics: 

(0:15) Meet Jon Foster

(3:15) Early career ambitions and running a New York health club

(5:05) Landing on Wall Street and learning the trading floor by osmosis

(7:35) Competing on the pro squash tour and achieving a top-10 North American ranking

(9:15) Working as a Bear Stearns broker and realizing the flaw in commission-driven sales

(11:00) Transitioning to a fiduciary model with Howard Capital 

(12:45) Serving as President of Carson Wealth and connecting with Jason

(15:30) The epiphany that led to the of founding Angeles Wealth 

(18:15) Applying an institutional, tax-aware investment lens to private family wealth

(20:45) Acquiring XO Capital

(24:00) Empowering next-gen advisors with partnership upside instead of debt

(26:30) Two golden rules of leadership from Jon’s father

(28:45) Community impact through Stormburger in Inglewood, Long Beach and Compton

(31:15) Why Jon covered 100% of his firm’s healthcare cost increases

(33:00) Unexpected parallels between investing and squash

(34:45) Moment of gratitude

 

About our Guest: Jon Foster is the president, CEO and co-founder of Angeles Wealth Management. With more than 30 years of experience in the wealth management industry, Jon brings a deep understanding of family wealth dynamics and the unique needs of ultra-high-net-worth families and individuals. 

 

Publishing Tags: PRess Play, StreetCred PR, Podcast, Angeles Wealth Management, RIA, Angeles Wealth Management, Angeles Investments, Jon Foster, Elena Krasnow, Jason Lahita, High-Net-Worth, Family Office, XO Capital, Stormburger, City of Hope

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100 Shares of Disney at Age 16 to $16 Billion: Jason Gordo’s Journey (Ep. 33)

100 Shares of Disney at Age 16 to $16 Billion: Jason Gordo’s Journey (Ep. 33)

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In this episode of PRess Play: The StreetCred Podcast, Elena Krasnow is joined by the power of not one, but two Jasons. Jason Gordo, co-founder and president of Modern Wealth Management, and StreetCred’s own Jason Lahita hop on the mic for a wide-ranging conversation that takes listeners on a ride through Europe at 152 miles per hour and into the story of building one of the industry’s fastest-growing RIAs.

We cover:

  • How a 16th birthday gift of 100 shares of Disney stock sparked Gordo’s interest in investing and set the course for his career
  • The career-defining lessons and experiences Gordo took from his time at United Capital and Goldman Sachs
  • How Modern Wealth is pursuing organic and inorganic growth simultaneously, including the firm’s Organic Growth Hub
  • Why employee equity ownership is central to Modern Wealth’s culture
  • The “Four Horsemen of Modern Wealth”: Jason Gordo, Mike Cappelle, Gary Roth and Jason Del Col
  • …and much more!

Join us in the fast lane for an episode jam-packed with valuable lessons and great stories from Gordo’s career.

Topics:
(0:15) Meet Jason Gordo

(1:05) Summer fun racing through Europe

(1:35) A shared love of Porsches

(3:00) Adventures on the infamous Autobahn in Germany

(5:00) Cruising at a speed of 152 miles per hour

(5:55) Gordo’s first introduction to investing, taking us back to his 16th birthday

(7:20) An early investment in Disneyland, gifted by his parents

(8:45) Ray at Merrill Lynch, an early mentor

(9:00) Buying his first home at age 22 thanks to the stock market

(10:20) Starting out as an advisor at Smith Barney

(10:57) “It’s not about how smart you are, it’s about having the ability to talk to humans.”

(12:30) Starting a brand-new RIA during the GFC

(13:13) Mike Cappelle and Gary Roth enter the scene, leading to Jason joining United Capital

(14:10) Gordo and Lahita’s shared United Capital tenure (though at different times)

(14:45) Jason overload

(15:15) The lore of the United Capital–Goldman Sachs transaction and why it was so impactful

(16:00) The advent of private equity-backed RIAs

(18:35) Modern Wealth soon to cross $16 billion in AUM

(19:00) Takeaways from United Capital when building Modern Wealth

(20:20) Avoiding proprietary technology in favor of best-in-class existing tools

(21:34) The Organic Growth Hub

(21:52) Shoutout to Chad!

(23:20) Tackling organic and inorganic growth at once

(24:20) Supporting young advisors coming up in the industry and solving the succession problem of the future

(26:24) Over half of Modern Wealth’s employees are equity holders

(28:30) Modern Wealth’s Confidence Score for clients and prospective clients

(31:49) The Four Horsemen of Modern Wealth: Jason Gordo, Mike Cappelle, Gary Roth and Jason Del Col

(33:35) Friends first, colleagues second

(34:35) “Focus on the people, not the problem.”

(35:33) Supporting a different children’s nonprofit organization each year with his wife

(37:30) Dream job as a kid

(38:20) Moment of gratitude

 

Connect with StreetCred PR:

 

 

Connect with Jason Gordo:

 

 

About our Guest: 

Jason Gordo is co-founder and president of Modern Wealth Management, where he helps lead the firm’s growth strategy, acquisitions and advisor partnerships. Before launching Modern Wealth, Jason served as head of advisor growth at Goldman Sachs Personal Financial Management and was part of the leadership team that helped scale United Capital into one of the nation’s largest RIAs before its acquisition by Goldman Sachs.

 

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PRess Play Spotlight with Jordan Hutchison of RFG Advisory

PRess Play Spotlight with Jordan Hutchison of RFG Advisory

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Introducing PRess Play Spotlight from StreetCred PR — a short-form show focused on the stories, moments and momentum driving our partners forward. In our inaugural episode, host Elena Krasnow sits down with Dr. Jordan Hutchison, VP of technology and operations at RFG Advisory, to discuss how the firm’s new ClickONE is transforming the advisor experience. ClickONE is giving advisors more than just time back, it’s increasing their mental capacity to focus on what matters. Listen into the full episode via the link in the comments and let’s get into it.  ⬇️ 🎧

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PRess Play Spotlight with Nicole McMullin of Wealth.com

PRess Play Spotlight with Nicole McMullin of Wealth.com

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✨🔦 On this episode of PRess Play Spotlight, Elena Krasnow speaks with Wealth.com‘s Senior Vice President of Product Nicole McMullin.

With Wealth.com building on a year marked by a Series B funding round and significant product enhancements, Nicole shares how her role helps bring the company’s vision to life.

She also discusses the trends she’s paying attention to across estate planning and wealth management, and what excites her most about the work she is doing.

🎧➡️ Tune in!

#estateplanning #wealthmanagement #artificialintelligence #pressplayspotlight #streetcredpr

Topics:

(0:20) Welcome Nicole McMullin to PRess Play Spotlight!

(0:58) A full circle moment

(1:30) The trends Nicole is watching most closely in the wealth management industry

(2:55) Client questions about estate planning and AI chatbots 

(3:50) Sorting through the noise to benefit financial advisors 

(4:35) What Nicole loves most about her job 

(5:02) Doing the unglamorous work to make AI advisors can trust 

 

Connect with StreetCred PR:

 

 

Connect with Nicole McMullin:

 

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Never Stop Asking Questions: Inside Modern Financial Journalism with Sean Allocca (Ep. 29)

Never Stop Asking Questions: Inside Modern Financial Journalism with Sean Allocca (Ep. 29)

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In this episode of PRess Play: The StreetCred Podcast, hosts Elena Krasnow and Jimmy Moock sit down with Sean Allocca, executive editor of The Daily Upside and veteran financial journalist.

Sean reflects on his path into financial journalism, what drew him to The Daily Upside and why curiosity remains central to strong reporting. Our conversation with him explores how modern financial media balances credibility with accessibility, and how editors think about storytelling in an increasingly crowded news landscape.

We cover:

  • How a passion for writing led Sean to a career in financial journalism
  • His experience at The Daily Upside and how the publication blends serious reporting with humor and pop culture
  • Key lessons from covering markets across multiple financial publications over the years
  • The rise of “new media” and the role AI is beginning to play in shaping financial news
  • Some of Sean’s most memorable interviews, including a conversation with John Walsh of America’s Most Wanted
  • …and more!

Tune in for a candid conversation on modern financial journalism, editorial decision-making and the questions that shape the stories readers see.

Topics:
(0:37) Meet Sean Allocca

(1:44) A New Jersey local

(2:38) Don’t miss out on Prospect Tavern!

(3:08) What’s for lunch?

(4:38) Joe Duran and a rotisserie chicken

(5:23) A disdain for mushrooms and a love for ravioli

(7:03) Sean’s journey into financial journalism through his passion for writing

(7:58) His crime investigative reporting era at Forensic Magazine

(8:35) Pivoting to CFO Magazine and the world of corporate finance

(10:33) Present day: what drew Sean to The Daily Upside

(12:38) The Daily Upside’s unique approach and venture into “new media”

(13:53) How AI is reshaping the way news is delivered

(14:43) A peek behind the curtain of the newsroom: balancing comedy and complex topics

(15:48) America’s Next Top Model (Portfolio)

(16:23) Lessons from covering markets and finance across multiple financial publications

(16:42) Never stop asking questions

(17:46) PR spins (debunked in StreetCred’s most recent blog by Jill Casey Pintor)

(18:38) A special interest in investing: options, derivatives and different asset classes

(20:15) Suitability vs. fiduciary

(21:49) A shift toward being more fiduciary and a corresponding shift in the way firms market themselves

(23:28) A few stories and interviews that have stood out to Sean over the years

(23:48) Sean shares his PR horror stories

(24:05) Interview with John Walsh from America’s Most Wanted

(24:34) Sitting down with Peter Mallouk, Josh Brown, Kunal Kapoor and others

(25:16) The process of preparing for interviews

(27:02) A fun game Sean’s brother likes to play when Sean is hosting an interview

(28:07) Have you heard of Harry Mack?

(28:37) Shout out to Sean’s brother

(28:47) The revival of Jimmy the Moock!

(29:24) Time for our Play segment!

(29:46) An alternate life as a musician

(31:07) The benefits of classical music, for humans, cats and plants

(33:34) Sean’s favorite things to do for fun: museums, exploring new places

(34:07) A plug for the bounties of Philadelphia

(35:20) Moment of gratitude

(36:42) Look out for a joke on circumventing mushrooms in the next newsletter!

Connect with StreetCred PR:

 

 

Connect with Sean Allocca:

 

 

About our Guest: 

Sean Allocca is Executive Editor of The Daily Upside and an award-winning journalist with more than 15 years of finance experience. He was formerly the editor-in-chief of ETF.com where he led business development and editorial strategies. He also served as managing editor of the wealth management publications InvestmentNews and Financial Planning, and as editor of the corporate finance publication CFO Magazine. 

Publishing Tags: PRess Play, StreetCred PR, Podcast, Financial Journalism, Financial Media, The Daily Upside, Sean Allocca, Elena Krasnow, Jimmy Moock, Wealth Management, Media Relations, Newsroom Insights, Behavioral Finance, New Media, AI in Journalism, Personal Stories, Editorial Strategy, Financial News, Behind the Scenes

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