How Pros Protect Wealth: SRM’s Richard McWhorter on Floors, Cash Flow & Volatility

In this episode of Mission Matters, Adam Torres interviews Richard McWhorter, Managing Partner and Private Wealth Advisor at SRM Private Wealth, about his career and specialization in providing financial advice to high-net-worth individuals, particularly those in sports and entertainment. Richard discusses his early start in the industry, the organic development of his niche, and the unique financial planning considerations for athletes and entertainers, such as irregular income and short career spans. He emphasizes the importance of creating a financial foundation to mitigate uncertainty and advocates for a team-based approach with independent professionals to ensure checks and balances. The conversation also touches on current economic uncertainties and strategies for navigating them, including discussions around interest rates and potential impacts of tariffs.