In this episode of Business, Finance and Soul, Shaun sits down with Jonathan Steele, Co-Founder and Chief Investment Officer of One Wealth Advisors, for a conversation about the human side of wealth.
Jonathan brings more than 25 years of experience in financial services and manages over $1 billion in assets, but this conversation goes far beyond portfolios, performance, and traditional financial planning. The core idea: money is not just math — it is emotional, relational, and deeply connected to how we were raised, what we value, and what gives us peace of mind.
Shaun and Jonathan explore the concept of financial therapy, why a person's relationship with money often matters more than the technical structure of a financial plan, and how childhood beliefs around scarcity, security, and success can shape adult financial decisions.
They also discuss how families can talk more openly about money, including Jonathan's simple framework of spend, save, and share. The conversation touches on raising financially aware children, involving both partners in financial planning, the emotional ROI of major life decisions, and why experiences can sometimes be just as valuable as investment returns.
Jonathan also shares his thoughts on AI, the future of financial advice, and why technology may change the tools — but not the need for empathy, trust, and human judgment.
This episode is a reminder that wealth is not just about accumulation. It is about alignment, peace of mind, and building a life that feels meaningful.
Topics include:
Financial therapy Money mindset Behavioral finance Family money conversations Teaching kids about money The emotional ROI of wealth Needs, wants, and wishes AI and the future of financial advice Building financial peace of mind
Learn more about Jonathan Steele and One Wealth Advisors: onewealth.net
Timestamp Highlights00:00 — Welcome to Business, Finance and Soul 01:02 — Jonathan explains financial therapy 03:10 — The most unhealthy relationships people have with money 05:33 — Why financial restructuring is not enough 08:50 — Wealth plateaus and Maslow's hierarchy 10:51 — The emotional ROI of a boat 13:16 — Jonathan's upbringing and fiscal responsibility 17:26 — How families are talking to kids about money 22:00 — Spend, save, and share 28:36 — Needs, wants, and wishes 31:59 — Why life is not a spreadsheet 33:12 — Shaun's boarding school decision story 41:59 — When one partner carries the financial burden 46:01 — Passwords, trusts, and access to financial information 47:14 — AI, robotics, and the future of money 53:09 — Building financial scaffolding 54:35 — Stay curious
About Jonathan SteeleJonathan Steele is the Co-Founder and Chief Investment Officer of One Wealth Advisors. He has more than 25 years of experience in financial services and brings a unique perspective to wealth management by combining investment expertise with behavioral finance, emotional intelligence, and what he describes as financial therapy. His work focuses on helping clients develop healthier relationships with money and use their wealth to create greater peace of mind, happiness, and life satisfaction.
Learn more about Jonathan and One Wealth Advisors at onewealth.net.