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Adult Children and Your Money

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While our next guest agrees that the number one uncomfortable topic for discussion with our children is the “birds and the bees”, he says a close second is talking to your adult children about money.  Which is why he brought with him today some tips on this topic.

Mike Switzer interviews John Cooper, a certified financial planner with Greenwood Capital in Greenwood, SC, and current president of the SC chapter of the Financial Planning Assn.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.