The Art of Effortless Wealth Recovery With Mike Betz

In an industry where $8 billion in securities class action recoveries remain unclaimed, financial advisors and their clients miss out on significant opportunities. Most advisors are unaware of the opportunities within these settlements, and the intricate process of claims and manual documentation often deters them. Could there be a streamlined solution that educates and facilitates easy access to these recoveries?
Mike Betz, a certified financial planner, dives into the intricate world of securities class action recoveries. He sheds light on the vast, unclaimed financial recoveries from securities class actions, revealing how most investors and advisors are unaware of their slice of a multibillion-dollar pie. Mike discusses how he offers solutions to streamline the claims process with minimal friction by digitizing the process to make it as seamless as receiving dividends. His unique strategy utilizes AI technology and robust security protocols to seamlessly channel funds rightfully owed to investors directly into their accounts, streamlining the client experience.
In this episode of The Customer Wins, Richard Walker interviews Mike Betz, General Manager at 11thEstate, about transforming the securities class action recovery process. Mike discusses how 11thEstate aids advisors in claiming funds from securities class action recoveries, the workings of post-settlement distributions, the protective measures 11thEstate takes to guarantee data security, and the Future Proof conference.
00:00 - 01:00 Introduction
02:23 - 03:33 Recovering Funds Owed to Investors Made Easy
04:18 - 05:11 Why Advisors Often Ignore Class Action Notices
05:17 - 06:17 The Surprising Rule: All Class Action Money Must Be Paid Out
06:26 - 07:13 How AI Finds Hidden Money for Investors
07:38 - 08:56 What Advisors Provide to Partner with 11thEstate
09:11 - 10:05 How 11thEstate Protects Data with Top-Tier Security
10:19 - 11:18 From Claims to Deposits: Simplifying Class Action Settlements
11:56 - 12:57 Delivering Outcomes, Not Just Technology
14:37 - 15:07 Tax Considerations for Recovered Class Action Money
18:08 - 19:31 Reinventing Conferences: The Futureproof Model
20:04 - 21:27 Giving Away Money: A Booth Idea That Stood Out
23:21 - 24:36 Crafting Great Products Takes Skill and Problem-Solving
24:51 - 25:52 Leadership Lessons Learned from Professional Dog Sledding
26:12 - 26:50 Why Great Design Is Key to User Adoption
27:54 - 28:53 Borrowing Outside Ideas for Best-in-Class Experiences
31:32 - 32:39 Empowering Teams with Psychological Safety to Innovate
Full Episode: www.quickforms...
Mentions: Jud Mackrill of Milemarker, Shelli Taylor of Alamo Drafthouse Cinema