Meet the Team of Brad Gotto and Matt Stahl of Fiat Wealth Management

Understanding how to spend money once it is accumulated lacks in many households. From investing it, to how to live on a fixed retirement income, how to handle the tax impact of distribution, and how to decrease anxiety during the process, Twin Cities-based, Fiat Wealth Management, steps in to fill the gap.

Cofounders and fee-only fiduciary advisors, Brad Gotto and Matt Stahl, are driven by a desire to educate people and empower them to make better financial decisions through wealth management. The two share much of their philosophy and expertise through their podcast “Every Day is Saturday”, which is also a local television show they have on FOX. This culture of positivity and mutually beneficial relationships inspired the name Fiat, as they explain it:

“In economic textbooks, the term ‘fiat currency’ is loosely defined as ‘faith-based currency’. For us, this is a faith-based relationship we have with our clients. They place a lot of faith and trust in us, and that is not lost on us.”

Fiat helps people figure out how to spend money, and their approach is unique. They use the analogy of playing the role of the architect building blueprints for the perfect end result. Clients have two different ways they can utilize their financial management services, both a DIY model and a comprehensive service.

Fiat focuses on showing people what is possible with their money, as they say, “you do not save a pile of money just to have a pile of money, we give you all the facts to help you understand all the opportunities and know what is possible,” shares Brad Gotto.

Matt and Brad met when both were working at Ameriprise and became friends, eventually, they formed Fiat together in 2009, running it for many years as a boutique agency. Brad was originally a youth pastor, who found himself in finance, and now believes it was his true purpose to help people this way. Matt originally went into industrial engineering. After graduation, he realized he was not a good fit for that, and after some exploration also found himself in finance. Both have young families and are focused on living their best lives and giving back to the world, building a company culture that values both colleagues and clients.

“We try to take a step back and recognize we only have one shot at this, let’s make the most of it and enjoy every day as best we can do what fills us up and help others,” shares Matt Stahl.

Learn more about Matt and Brad on their website, check out their podcast, and connect through social media to learn more.