Can you have too much wealth?

By Mike Switzer

Published August 27, 2024 at 6:30 AM EDT

Rick Van Der Noord, a certified financial planner in Greenville S.C.

Our next guest says that nearly everyone who seeks his financial planning assistance is driven by the anxiety of “not having enough”. But he also says that while living your best life is indeed expensive and fraught with challenges, there is an equal problem of having too much wealth. Mike Switzer interviews Rick Van Der Noord, a certified financial planner in Greenville S.C.

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Mike Switzer

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.

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