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Rob Townsend says you’re wrong about financial advisors… mostly. And he’s built an 8-figure firm to prove it.
Here’s what we talk about:
- Why $3M liquid is Rob’s version of “f*** you money”
- How he went from $0 to 8 figures by modernizing financial planning
- Why the old guard of wealth management is failing founders
- What most people get wrong about index funds
- The simple investing mistake that wipes out 44% of stocks
- Why the happiest clients aren’t the richest ones
- How sabbaticals change Rob’s life (and business) every time
- His full portfolio: Dimensional Funds + a little Bitcoin
- The real reason private deals feel better than they perform
- The toxic mindset that plagues people with $25M+ net worth
Cool Links:
Sponsors:
Chapters:
- The Financial Advisor Debate (00:00)
- Rob’s Personal Money Story (00:43)
- Growing Up & Early Influences (01:53)
- Lessons from Rob’s Uncle (05:39)
- Breaking into Wealth Management (06:31)
- Mistakes in Investing & Learning the Basics (09:01)
- The Case for Financial Planning (14:15)
- Building a Modern Wealth Firm (15:26)
- The Defense of Financial Advisors (19:14)
- Psychology of Wealth & Happiness (37:53)
- Final Thoughts: Money as a Tool for Life (45:53)
This podcast is a ridiculous concept: high-net-worth people reveal their personal finances. Inspired by real conversations happening in the Hampton community.
Your Host: Harry Morton
- Founder of Lower Street, a podcast production company helping brands launch and grow top-tier podcasts.
- Co-parents a cow named Eliza.