For those lucky few who’ve sold a business, inherited wealth, or otherwise find themselves in the enviable position of staying wealthy, not getting wealthy – the investment game can be more about playing defense than going on offense. But how do you go about that, who do you partner with to figure out complex tax and estate issues. This week, Jeff is sitting down with Homer Smith(@HomerSmith_KWP), the founder of Konvergent Wealth Management, to dig into just how investment advisors like him go about solving the complex financial challenges end investors face.

Homer and Jeff dive into a variety of topics, including how allocating to managers differs from being an asset manager, how to add DEFENCE to build an all-weather portfolio, the benefits of return stacking (Be sure to check out this WP on Return Stacking), how to navigate and scale an investment firm, and take a closer look into the future of wealth service. Plus, we're playing two truths and a lie with Homer; tune in to see if he really is Matt Damon's stunt double — SEND IT!

Chapters:

00:00-01:13 = Intro

01:14-11:51 = Flipping the Script: How Picking the Managers differs from Being the Manager

11:52-28:34 = Adding DEFENCE to make an all-weather portfolio

28:35-37:23 = Return Stacking, Leverage & Wealth destruction in the Tech Wreck

37:24-58:56 = The RIA: Then vs Now, helping navigate life, scaling your firm & the Future of Wealth Services

58:57-01:05:06 = Two Truths and a Lie: Matt Damon's Stunt double?

Follow along with Homer on Twitter @HomerSmith_KWP and also Konvergent Wealth @KonvergentWP and for more information check out Konvergentwealth.com

Don't forget to subscribe to The Derivative, follow us on Twitter at @rcmAlts and our host Jeff at @AttainCap2, or LinkedIn , and Facebook, and sign-up for our blog digest.

Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit www.rcmalternatives.com/disclaimer