Thinking about selling your company? 24 founders told us what really happens after the wire hits. — joinhampton.com/exit-report
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.
What is Moneywise?
This is Moneywise, a podcast where hosts Sam Parr and Harry Morton are joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits. This podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups. Check it out at https://joinhampton.com/.