Tag Archives: Finance

34. Cross-Border Wealth Management With Jennifer Patterson

Have you ever dreamed of packing up your family and heading across seas? Or maybe your work is already taking you there! Whatever the case, it is vital for you to understand what is going to happen with your finances when you make the move.

In this episode, Matt DiFrancesco is joined with Jennifer Patterson, managing partner of Patterson Partners Ltd, as they discuss the complex issues facing your finances when you move out of the country. The duo dive into how your planning might change in regards to dual or tri citizenship status and how to keep everything on track to reaching your goals. 

Jennifer discusses:

  • The journey that led to Patterson Partners Ltd and her passion for working with expats
  • How financial planning changes when you cross borders
  • Challenges that families face as a result of changing citizenship 
  • The process that Patterson Partners Ltd uses to assist families navigate the challenges in moving out of the country
  • And more


Connect With Jennifer Patterson:

Connect With Matt DiFrancesco:

About Our Guest:

Jennifer has personal experience with the life and technical financial planning challenges for multinational families. Jennifer leads workshops online around the world on topics relating to her belief that we all can consciously design a luxury lifestyle today in which we live, work, play and make a difference in more than one country. Jennifer’s mission is to help successful individuals figure out where they fit into the global opportunities of today and to demystify and simplify the complexities of international personal finance.

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Episode 16 – Strategies for Year End Planning

Is there anything you need to do for your business before year end?

In this podcast Matt DiFrancesco reviews the different avenues out there for business owners to tap into and some of the planning you should do before the end of the year. Matt also focuses on where you stand and how to develop strategies for the current year.

In this episode, you will learn:

  • What current year strategies you can implement
  • How having a qualified plan can help at year end
  • What a restricted trust property program is
  • How you can maximize your contribution plan
  • And more!

Tune in to see if there are any ways that you can reduce your current year tax liability and plan for next year.

Resources: DiFrancesco Virtual Family Office


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Episode‌ ‌15‌ ‌-‌ ‌Entering‌ ‌The‌ ‌Franchise‌ ‌World‌ ‌with‌ ‌Britt‌ ‌Schroeter‌ ‌

Considering entering into a new business can be daunting, especially with new regulations due to COVID. 

Matt DiFrancesco is joined by Britt Schroeter, a franchise consultant from FranChoice who is Widely accepted as one of the top franchise consultants in the United States.  Today, Britt shares her insight with those considering franchise ownership. She reveals the challenges of starting a new business and how to include the rest of the family. Discover the effects of COVID and how things will change going forward.

In this episode, you will learn:

  • The challenges of starting a new business
  • The best businesses for families
  • Business after COVID
  • Balancing work and personal life
  • And more!

Learn more about starting a new business by playing this episode!

Resources: DiFrancesco Virtual Family OfficeContact Britt | Britt on LinkedIn | FranChoiceCashflow Quadrant by Robert T. Kiyosaki

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Episode 14 – Why Going 100% Virtual Gives Business Owners More Freedom and Flexibility

Many business owners have had to shift to a temporary virtual model during COVID-19. 

Is it possible that switching permanently to a virtual office would allow you to serve clients while giving you the freedom and flexibility you’ve been wanting?

In today’s episode, Matt DiFrancesco continues his lessons from the virtual office, diving into the freedom that comes with working virtually. He explains why going completely virtual can help you bring more value to your clients and free you from the cost and time requirements that come with owning a brick-and-mortar business. 

In this episode, you will learn:

  • Why virtual meetings are probably the most convenient option for clients and prospects
  • Which expenses virtual business owners no longer have to deal with
  • How working virtually can increase employee productivity
  • The  benefits of having a culture of leadership
  • Why it’s to time to move away from the 9-5 mentality
  • What qualities millennials value in a workplace 
  • And more!

Tune in now to hear how working virtually can bring you more freedom and flexibility in your life and business. 

Resources: DiFrancesco Virtual Family Office | Episode 10: The Virtual “Office” of the Present | Episode 12: Lessons From A Virtual Office | RingCentral

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Episode 13 – Continuing Education: Cash Hog Or Investment?

Sending your child to college or university can be emotionally and financially difficult. It can also be a benefit.

Matt DiFrancesco is joined by Beth Walker, founder of the Center For College Solutions. Beth shares her expertise in planning for college and the costs that come with it. Discover how to leverage different offers when looking for the best cost-effective options with the most benefits.

In this episode, you will learn:

  • How continuing education can be viewed as an investment
  • The importance of balancing cost with beneficial education
  • The importance of leveraging different offers
  • The benefits of student loans
  • And more!

Tune in now to learn more about financing your child’s education.

DiFrancesco Virtual Family OfficeCenter For College Solutions

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Episode 12- Lessons From A Virtual Office

COVID introduced the idea of working virtually to many forced to stay home. As the quarantine is lifted, some business owners are looking to continue online.

Now, Matt DiFrancesco shares his insights about working virtually. He discusses the impact working online has on travel times, meeting times and the cost of working virtually. Discover tips for moving your business virtually and ideas you may never have thought about.

In this episode, you will learn:

  • How travel time can impact work time
  • The benefits of virtual meetings
  • The cost-efficiency of working virtually
  • The importance of backing up your virtual files
  • And more!

Tune in now to hear how your business can become virtual!

Resources: DiFrancesco Virtual Family OfficeEpisode 10

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Episode 11- Ways to Pivot Your Pennsylvania Family Business During COVID-19 –– With Amy Bradley

Many Pennsylvania businesses are adapting successfully during COVID-19. What ideas can you use to help your family business pivot and thrive?

In this episode, Matt DiFrancesco is joined by Amy Bradley, the president and CEO of the Cambria Regional Chamber in Johnstown, Pennsylvania. Amy shares success stories about businesses in her region that have pivoted during COVID-19. She also discusses how businesses are using technology to maintain sales and communication with their customers.

In this episode, you will learn:

  • How Pennsylvania businesses are adapting during COVID-19
  • How businesses are using technology to communicate with customers that are self-isolating
  • What new technology practices might have staying power for professionals and businesses
  • How our experience with COVID-19 will impact the future
  • And more!

Listen now to get ideas for how to adapt your family business to this new normal.

Resources:  DiFrancesco Virtual Family OfficeCambria Regional Chamber: Website | Cambria Regional Chamber: Facebook | Cambria Regional Chamber: Twitter 

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Episode 10 – The Virtual “Office” of the Present

During the lockdown, many companies opted to have their employees work from home. But how will this affect the realities of the office moving forward after the pandemic?

In this episode, Matt DiFrancesco discusses the impact of technology on workspaces outside of the office and reveals the revelations COVID-19 has uncovered about the benefits of working from home.

In this episode, you will learn:

  • The benefits of working from home for employees and businesses
  • How virtual assistants can reduce costs for small businesses
  • How current events will impact virtual employees
  • And more!

Discover the benefits of working from home in this episode of Your Business, Your Life!

DiFrancesco Virtual Family Office

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Episode 9 – Billiards in COVID

The economic impact of COVID-19 has been wide and far-reaching. Many local businesses are feeling the strain of a decrease in leisurely spending. 

In this episode of Your Business, Your Life, Matt DiFrancesco is joined by Dave Erb from West Penn Billiards and Fine Furniture, discussing the impact COVID-19 has had on his business. Dave recounts how he entered the furniture business and his goal for clients.

In this episode, you will learn:

  • How Dave purchased the business
  • What the business offers clients
  • How they are managing the quarantine
  • The impact COVID-19 has on their business
  • And more!

Listen to Matt DiFrancesco and Dave Herb as they reveal the impact COVID-19 has had on the furniture business.

DiFrancesco Virtual Family Office |  Email | West Penn Billiards and Fine FurnitureWest Penn Email

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Episode 8- How Businesses are Adapting During COVID-19

Business owners are finding innovative ways to continue operating during the pandemic.

In this episode, Matt DiFrancesco talks about businesses that have pivoted to survive and fulfill people’s immediate needs during COVID-19. This episode is filled with positive stories about innovation and expert advice on how to protect your business going forward.

In this episode, you will learn:

  • How businesses are adapting during the pandemic
  • How to implement a savings program within your business
  • What business owners can learn from this experience
  • The benefits of working remotely
  • And more!

Tune in now as Matt DiFrancesco discusses how companies are adapting during the pandemic.

Resources:  DiFrancesco Virtual Family Office | Chicken Soup For The Soul