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Laplink Connections: Interview with Wealthramp's Pam Krueger
To kick off the New Year, Laplink Software CEO Thomas Koll talked with Wealthramp CEO & Founder Pam Krueger, an award-winning personal finance journalist and author, during the latest episode of Laplink Connections. As the creator and co-host of the MoneyTrack investor education television series seen nationally on PBS andFriends Talk Money podcast, Pam has a wealth of knowledge about financial planning.
In addition to discussing New Year’s resolutions that many people have around financial planning, Thomas and Pam also talked about Wealthramp, an advisor matching platform that connects consumers with rigorously vetted fee-only financial advisors. As a recognized investor advocate, Pam has worked with many investors throughout their personal investment journey and provided strategic advice on hiring financial advisors.
“At some point, as people get older and their financial arrangements are getting more complicated, they realize that it would be helpful to have a fresh pair of eyes take a look at their financial planning,” says Pam. “Many people want to stress test their own assumptions and projections to make sure they’re doing all of the right things to plan for retirement and to ensure that they have a successful financial future.”
According to Pam, financial literacy and financial empowerment are important for everyone. And, she says getting unbiased financial advice is paramount to maintaining a secure financial future. “Most of the financial advisors in the industry are affiliated with brokerage houses and insurance companies where the business model for them is based on sales. So, they are paid commission on what they sell for those brokerage firms and insurance companies,” she says. “My focus is on educating individuals about the value of fee-only fiduciary financial advice where those independent advisors are solely focused on making recommendations that have your best interests in mind and are customized to meet the needs of your specific financial situation.”
For nearly 40 years, Laplink has been a global leader in consumer, SMB, and enterprise PC migration software, and has earned the loyalty and trust of millions of organizations and customers worldwide. The company’s PCmover software saves time and budget, reduces migration risks, and increases efficiency. Only PCmover’s proprietary technology includes full selectivity that transfers data, applications, and settings from an old PC to a new one, even if the two PCs run different versions of Windows. The privately held company was founded in 1983 and is headquartered in Bellevue, Washington.
As Chairman of the Board and CEO of Laplink, Thomas guides the company’s strategic direction. Prior to joining Laplink in 2003, Thomas was Chairman of the Board for Infowave, where he was involved in interfacing with global business and financial communities. Thomas also served as Infowave’s Chief Executive Officer from February 2001 to April 2002. Prior to joining Infowave, Thomas worked at Microsoft for more than 13 years. He was Corporate Vice President of Microsoft’s Network Solutions Group where he was responsible for Microsoft’s worldwide business with telecommunication companies. Thomas was instrumental in developing Microsoft’s vision for the communications industry and led the development of strategic partnerships in mobility, broadband and hosting. Previously, he was General...