In this week’s episode, I talk with Phil Huber, the Chief Investment Officer at Savant Wealth Management and author of the new book The Allocator’s Edge. This episode does not include financial advice.* Rather, we talk about the advice Phil gives other people about their finances and the book he wrote about financial advice.

We begin the episode with a discussion about financial advising and what goes into becoming a CFA (Chartered Financial Analyst) and a CFP (Certified Financial Planner). We also talk about how it’s important to find the right financial advisor as a person’s financial life becomes more complex. I ask Phil if any of his clients ever ask if he can YOLO them so hard with investing, and he discusses advisors’ business of growing and preserving wealth responsibly.

Phil’s new book focuses on alternative investments, and he gave us a glimpse of what those investments are. He demonstrates how diversifying clients’ portfolios help manage risk. Phil explains catastrophe reinsurance, and we discuss the recent proliferation of alternative investing apps and platforms and how barriers are being broken down to previously inaccessible asset classes for average investors.  

Any conversation involving alternative investments would in one way or another, end up with crypto. Phil talks about how advisors are trying to navigate crypto and the current difficulties of incorporating it into clients’ investment portfolios as well as possibilities for its inclusion in the future.

We end the episode talking about the process of writing a book and how it differs from blogging. Phil wrote The Allocator’s Edge for himself ten years ago. By reading his book, Phil believes that investors can become more comfortable discussing and using alternative assets.

Links: 

The Allocator’s Edge by Phil Huber - https://amzn.to/3m1tu1d

Savant Wealth Management - https://savantwealth.com/ 

Phil Huber’s Twitter: https://twitter.com/bpsandpieces 

Additional Episodes If You Enjoyed:

Mitchell Baldridge: Defeating Taxes, Crypto & Financial Planning

Jason Hitchcock: Your Guide to Web3 (DeFi, NFTs, and The Metaverse)

David Perell: Intellectual Openness & Mental Models for Success

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