In this episode, William Green speaks with Matt Ludmer, the founder & CEO of Aligned Wealth Management. Matt is a financial adviser to wealthy individuals & families, including clients who have entrusted him with tens or even hundreds of millions of dollars. After decades working on Wall Street, he came to realize he’d misunderstood the meaning of wealth. That revelation led him to write a new book, “The Right Mountain: Practical Wisdom for Achieving True Wealth.” Here, he explores how to build a fulfilling life that includes—& transcends—financial success.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro
(00:06:33) How Matt started out shining shoes & selling frozen food.
(00:18:56) Why Matt Ludmer reveres his father as his greatest teacher.
(00:23:50) How he scored an investment adviser job at Morgan Stanley.
(00:32:54) What happens when our hunger for success goes too far.
(00:54:46) How to diagnose where your life is out of balance.
(01:01:48) How loneliness led Matt to create a “heartfelt community.”
(01:36:44) Why many top investors view meditation as a smart investment.
(01:40:35) How to build rich relationships by meeting people where they are.
(01:55:06) How his confidence in stocks is built on a century of data.
(02:09:22) Why it’s psychologically shrewd to divide your assets into three pots.
(02:15:09) Why Matt prefers low-cost ETFs to actively managed funds.
(02:17:13) How to find a career—& design a life—that lights you up.
(02:30:48) Why the ultimate prize is unconditional contentment.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES
<ul>
 <li>Inquire about William Green’s&nbsp;<a href="https://williamgreenwrites.com/masterclass/">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Richer, Wiser, Happier Masterclass⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a>.</li>
 <li>Matt Ludmer’s book, “<a href="https://www.amazon.com/Right-Mountain-Practical-Wisdom-Achieving/dp/B0H6KM5KWC?crid=37N3JM89EEG9Q&dib=eyJ2IjoiMSJ9.qwTauWiTptl-jJ-RFfECzGpXhG8qmFmcSpuJsvNr7eZRF79RMmfRXNF18lDTuw4ilBWIGF3r40TIeFVH4crGuJ30U_tvlS1gmZqqpUfKOX7YZX2PRxRNh7e56-8HRFq-jinDHW1_XxK8CAcm7javfRIDnSh121sb2XZzo0VxDKVQaIi-AWe3wh6GVQ04FoSQqRRhk9aefctMvDcFB84hR5FYIwyU9AqcER4AemtmF6c.MnNprZBeYG1K5qqrUwWEmEwmSVWhXbNPZ5MpQq4lFrc&dib_tag=se&keywords=matt+ludmer+books&qid=1791932745&sprefix=matt+ludmer%2Caps%2C161&sr=8-1&linkCode=ll2&tag=tipnetwork-20&linkId=66dc54d3fc4436e1bfc488cb51bd0b87&language=en_US&gaOptInStatus=true&ref_=as_li_ss_tl">The Right Mountain</a>.”</li>
 <li>Napoleon Hill’s book, “<a href="https://www.amazon.com/gp/aw/d/193787950X?_encoding=UTF8&pd_rd_plhdr=t&aaxitk=ce80515032aebc1517ecde8c6e90a064&hsa_cr_id=0&qid=1791932807&sr=1-1-9e67e56a-6f64-441f-a281-df67fc737124&i=aps&aref=J6sOokuX6l&pd_rd_w=g4yKL&content-id=amzn1.sym.8de9b3d5-f5c5-40e9-9b39-d65f08d6ea68%3Aamzn1.sym.8de9b3d5-f5c5-40e9-9b39-d65f08d6ea68&pf_rd_p=8de9b3d5-f5c5-40e9-9b39-d65f08d6ea68&pf_rd_r=ESP8VBJCA6D9DSSHP4GC&pd_rd_wg=l3kP9&pd_rd_r=43e98fd3-b7c6-4037-a134-390c4d938934&linkCode=ll2&tag=tipnetwork-20&linkId=03f3d5060b3ac14638956265f0bd3fd8&language=en_US&gaOptInStatus=true&ref_=as_li_ss_tl">Think and Grow Rich!</a>”</li>
 <li>Krishnamurti’s book, “<a href="https://www.amazon.com/dp/0835603903?bestFormat=true&k=commentaries+on+living&crid=32QP3RGHU0116&sprefix=Commentaries+on+Living&linkCode=ll2&tag=tipnetwork-20&linkId=42c94870f2b71fe3133f6ad6b9b51e89&language=en_US&gaOptInStatus=true&ref_=as_li_ss_tl">Commentaries on Living</a>.”</li>
 <li>Lee Eisenberg’s book, “<a href="https://www.amazon.com/dp/0743270320?lv=shuf&channelId=500&plpRedirect=mhFallback&linkCode=ll2&tag=tipnetwork-20&linkId=2eb7edff7113397f97b2cb3179191346&language=en_US&gaOptInStatus=true&ref_=as_li_ss_tl">The Number</a>.”</li>
 <li>Daniel Goleman & Tsoknyi Rinpoche’s book, “<a href="https://www.amazon.com/Why-We-Meditate-Practice-Compassion/dp/1982178469?&linkCode=ll2&tag=tipnetwork-20&linkId=6bac9f5cabb18506e04fbcbe6da77ea4&language=en_US&gaOptInStatus=true&ref_=as_li_ss_tl">Why We Meditate</a>.”</li>
 <li>Tara Bennett-Goleman’s book, “<a href="https://www.amazon.com/Emotional-Alchemy-Mind-Heal-Heart/dp/0609809032?_encoding=UTF8&dib_tag=se&dib=eyJ2IjoiMSJ9.u6mKdxJQ9HEzARot8JhZDhZ0HPYFbXQ2R4NUzbleIi2NL9cLP57CuB_-mpdQrAiaIpojFjP-sLjQPML-TPJ2f7EyM3H5nN5ufDsLDPCItZ5KvZ_i4FZf1M6GLEGEobNNA3v_ZDunAmnA0EUd28sI-fOwXbFANQEDWM6OglVVRp-pISnz-pW_wa8efbzdgSkSiIjtZ-WZ9AUK-39OWngNgXZdJA5Fm0dfonpLKK4EnO4.xZIZS9TEWYKVg3zs7FyUwEOuUXflqpeEaSbe40-Q6nc&qid=1791939571&sr=8-3&linkCode=ll2&tag=tipnetwork-20&linkId=17949ed4e21052d591a21c72bb748b87&language=en_US&gaOptInStatus=true&ref_=as_li_ss_tl">Emotional Alchemy</a>.”</li>
 <li>William Green’s podcast with <a href="https://www.theinvestorspodcast.com/richer-wiser-happier/how-to-be-happy-w-tsoknyi-rinpoche-daniel-goleman/">Tsoknyi Rinpoche & Daniel Goleman</a>.</li>
 <li>William Green’s book, “Richer, Wiser, Happier” –&nbsp;<a href="https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856">⁠⁠read the reviews of this book⁠⁠</a>.</li>
 <li>Follow William Green on <a href="https://x.com/williamgreen72">⁠⁠X⁠⁠</a>.</li>
 <li>Related&nbsp;<a href="https://prodcast.io/collections/we-study-billionaires-the-investor-s-podcast-network">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠books⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a>&nbsp;mentioned in the podcast.</li>
 <li>Ad-free episodes on our&nbsp;⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠<a href="https://premium.theinvestorspodcast.com/">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a>⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.</li>
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