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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:

Hampton https://www.joinhampton.com/
Lower Street https://www.lowerstreet.co/

Sponsors:

The best phone system for teams at http://www.openphone.com/moneywise
Achieve your dream body with https://www.dailybodycoach.com/moneywise

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.