Speaker 1: AI is only useful for vertical, super niche use cases
like your background is an attorney, and so if a
family office came and say, we want you to be
a family office fixer for us, Carrie, and take care
of all this one hundred and twenty LLCs we have
and help with this, that and the other thing. AI
tools that help you as a family office fixer with
an attorney background, and then they're built just for you,
or they're built by you for you. That's the ultimate
use case of AI.
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Speaker 3: And welcome. This is Financial Survival Network. I'm your host,
Carrie Leutz. They got really interesting show for you today.
There's a world out there called family offices and you
may or may not be familiar with them, but what
you're probably almost certainly not familiar with is they control
fourteen trillion dollars worth of wealth, which is a lot
of money and more than a lot of other entities
out there that you thought were really powerful. Richard Wilson
is with us now. Richard, you have sat across the
table from billionaires, sent to millionaires and some of the
most powerful allocators in the world. You've hosted three hundred
plus events, built a network of seventy five hundred investors,
and viewed interviewed over one hundred billionaires. So, first, what
is a family office.
Speaker 1: A family office is simply a solution for how to
manage your money when you're ultra wealthy. So if you're
worth fifty thousand dollars, you may need to do certain
things with your money. If you're worth five million, you
need to act a bit differently. If you're worth fifty
million or five hundred million. You can imagine that just
missing a single letter from a county real estate do
or the irs, or one little mistake might cost you
more than it would a cost to hire a full
time team, just in the penalties, right. And so a
family office is there to focus your energy, play defense
for you, do planning, holistic thinking, and just manage the
money wisely as you grow your wealth.
Speaker 3: And we answer you are there tax advantages to a
family office.
Speaker 4: Yes, there are.
Speaker 1: I mean, if you structure a family office correctly, then
there are ways to write off typically the activities of
the family office, which may involve family members meeting to
look at investments, family get togethers to plan out what
you should do with the balance, cheap next, et cetera.
But more important than that is that when you professionalize
your family office, you get in touch with family office quality,
trust in the state, and tax planning professionals, and you
have people doing the things you shouldn't be doing as
the wealth creator. Anyways, to free up your time to
actually get tax planning in place and play offense on
your balance sheets. That's the real benefit of having it
in place.
Speaker 3: Now, do they get carried interest although that's supposedly going
to be eliminated. Can they get carried interest treatment on
their taxes?
Speaker 1: They're treated the same as as other investors, quote unquote.
Is just that the most complex, sophisticated structures on planet
Earth can be afforded by this group. So if there
is a way to plan around some types of taxation,
you can bet that a percentage of the family office
industry is playing that game. But to be honest, a
lot of family offices are just super founders. They're just
super entrepreneurs that makes seven, eight nine figures a year
or had an exit at that size. And so now
they look around and say, oh, what's this family office thing?
You know, Oh, maybe I need one of those, So
maybe I already have part of one put together.
Speaker 4: How do I formalize this?
Speaker 1: And then there's just a full spectrum of types of
family offices out there.
Speaker 3: How did this industry emerge?
Speaker 1: Well, folklore says that hundreds and hundreds of years ago,
people had their kingdoms and build castles around it, and
people to protect their wealth and manage it. I mean,
who knows, like right, and then you know Rock the
Feller and those types had quasi family offices.
Speaker 4: The reality is that the term started.
Speaker 1: Being used in the sixties, seventies, and eighties more often.
When I started this in two thousand and six two
thousand and seven, people told me I was wasting my
time and that the family office thing isn't real. And now,
as you mentioned, they manage fourteen trillion dollars more than
all of venture capital and private equity combined. So you know,
it really started by people realizing they need a higher level,
more holistic, more medium to long term solution than a
regular high net worth person who's just mass affluent. So
that's what's really driven the need.
Speaker 3: So is there a particular area their investments are focused in?
Is it mostly real estate? To stocks, bonds? Where are
they putting their money?
Speaker 4: Yeah, really good question.
Speaker 1: So here at Family Office Club we're often, you know,
talking about that on stage at our events and surveying
our investors. And what's interesting is that when somebody has
created their wealth in an industry, they might not want
to go back into dentistry after selling twenty dental practices,
So they might not want to go back into owning
an auto dealership again or whatever that niche is, but
there's so much expertise there. They typically play offense in
the space they made their money in, or in one
or two new niches, and they choose those niches very
carefully and do a medium to long term focus there,
and naturally they play offense. And typically then they have
a second part of their portfolio, which is where they
invest in real estate. Almost everybody wants hard asset's like
real estate, no matter what where they made their money.
They sleep at night knowing they have cash flowing in
real estate in their portfolio. And it is about every
family office has public market investments, and that's where it's
like almost pure defense. You know, some people are aggressive
in the market and you'll say, hey, I like cost Go,
or I like Amazon or.
Speaker 4: Tesla or not, etc.
Speaker 1: Right, but they're mostly outsourcing the stock market investments, and
it's almost pure defense. On real estate, they're mostly outsourcing
unless it's right in their backyard or it's where they
want to play some offense. But in the offensive area,
it's usually where.
Speaker 4: They made their money or in a niche they're really
dedicated to.
Speaker 3: Got it and the yea. So it sounds fascinating that
there's all this money there and it's evolved over time
and now it's really a legitimate investment sector, if you will,
of the economy. And what kind of returns do these
family offices look for it? Are they just defensive or
are they going for big returns?
Speaker 1: You know, the most common statement in the family office industry,
which is not helpful at all, but you'll hear at
every conference, is if you've met one family office, you've
met one family office, and they're all different. But that
doesn't help listeners at all. Right, it's kind of like
a non answer. And so what I like to think
about it when you look at the family office space
and you're wondering what returns they like, I think about
it like looking at the animal kingdom and you look
at the genus and species and you look at birds,
you know they're going to act like each other. Spiders
act like each other, different types of snakes act like
each other. And so when you look at a first
generation family office that made their money in Silicon Valley
or Crypto, they're going to act very different than a
first generation eighty four year old who made the money
in manufacturing, right, And so what you need to do
is just classify family offices into like is this first gen,
early second gen, third generation one health, is this new
wealth that made the money by taking big risk, or
is this conservative wealth for some reason? And that really
narrows down how you work with the families and what
they're looking for, because those spectrum ranges right for big
families for their diversified investments, many of them are just
looking for you know, eight to twelve percent a year returns.
They would love to have ten twelve percent a year
blended over their entire portfolio. But where they play offense,
they want to have amazing returns long term, and I
expect a lot, you know, where they're playing peer defense,
you know, they generally want to more than trap real inflation,
not with the government states is inflation and be wise
about that.
Speaker 3: All right, So you mentioned crypto, I'm sure that's an
area that more and more family offices are getting into.
Speaker 4: Yeah.
Speaker 1: Literally, in twenty eleven, twelve thirteen, we had eighteen to
twenty two year old kids sponsoring my events, as you
mentioned in the end, have done three hundred investor club
events now and last week we had four hundred people
at our event, and the crypto kids would literally get
laughed at on the stage by the gray haired real
estate people in the audience. And it was probably one
of the most rude dynamics I've seen, honestly in eighteen
years doing this, Like literally would laugh out loud, being like, ah,
new currency, get out of here.
Speaker 4: Who is this dumb kid? You know who invited this guy?
Speaker 1: Those people don't need to speak at my events anymore, right,
They're worth hundreds of millions of dollars.
Speaker 4: So I think what family offices see. That's related to
your question.
Speaker 1: Is they see these waves rolling in You know, I'm
based in Hawaii, and they see these sets of waves,
and whether it's sports betting getting approved in many states, cannabis, crypto,
some other trend. It may be against or not against
your morals to invest in something like cannabis, and you
may think AI or crypto is evil or awesome, etc.
But they noticed these waves over time, so they lean
forward and say, Okay, I missed another wave. Maybe maybe
I should lean into the next one, or just put
one percent to work in it early on, you know.
Speaker 3: So and now crypto is obviously being integrated into the
financial system ETFs. Every brokerage house is looking at them.
I don't know about the others, but certainly bitcoin. I
was just at the bitcoin conference in Las Vegas.
Speaker 4: Yeah, yeah, I had some friends there.
Speaker 3: A lot of money there. I mean, I know people,
guy who it was five dollars said buy it and
or actually it was ten. It had gone up from
five to ten, and I said, yeah, wait till it
goes down to seven. Well, you know, of course I
never bought it, but I did buy it later. But yeah,
you know.
Speaker 4: That's awesome.
Speaker 1: I mean you to answer your question more directly, though,
family offices are in crypto largely.
Speaker 4: A lot of them have one to four percent of
their net worth there.
Speaker 1: A lot of them like me, might have small bets
and twenty or fifty different crypto coins, but then have
the majority in Bitcoin and then probably ethereum as the
number two.
Speaker 4: Asset out of the crypto world.
Speaker 1: I think many less have any exposure to NFTs, but
a lot of them do have investments in crypto. Just
to make sure I answer your question directly.
Speaker 3: Right, So, obviously that's an emerging area. Are there any
other areas that you see? What about AI and such?
Are they getting heavily involved there?
Speaker 4: Yeah, they are getting heavily involved.
Speaker 1: I mean some of them invested a decade ago into
different AI companies, But robotics is something that they see
as completely inevitable and exciting, and there's only so many
robotics plays that are obvious right now, so investors are
really leaning forward on robotics. They see that sometimes it's
more tangible. I mean there's only there's seventy five thousand
AI companies out there, so figuring out which ones are
going to win, it's like a little bit difficult, right,
But robotics companies that have a lot of traction, there's
not seventy five thousand of them out there, and the
future robotics, I think is massive. So those are two
areas that come up a lot, artificial intelligence and robotics.
And we've I've actually spent a lot of this year
building out thirty artificial intelligence tools for our Investor Club
and we share those at all of our events. So
we're always talking about AI as a community.
Speaker 3: Yeah. Well, I'm not surprised the you know, some of
the most sophisticated investors in the world. Of course they're
going to be looking at these latest trends. Uh. Does
AI have any effect as far as what you're doing?
Speaker 4: Yeah, it does for sure.
Speaker 1: One of them is that we have found that due
diligence goes faster, and it's really emphasized that meeting in
person is super critical with AI. You can fake anything
on a video. I could be an avatar right now
and I didn't even show up for this podcast, and
you know, so you can't believe a due diligence room,
you can't believe a video. And when we had a
Sentimentliennaire on stage last week, he really emphasized that when
he invests money, he's investing in the character of you.
He's investing in your values, your intellect, and him trusting you.
And if he doesn't want to give you a hug
or spend time having dinner with you, or invite you
over to his house and doesn't really trust you and
like you at that level, he doesn't care what your
one pager says, your IRR is, or your what your
payback equity multiple will be, or how profitable your company is.
Speaker 4: He doesn't trust you.
Speaker 1: None of that matters at all, because anybody can print
out a piece of paper that says amazing things. And
so I think that's really getting emphasized with AI, like
meeting important in persons even more important now.
Speaker 3: Yeah yeah, yeah. So it's interesting that the exact opposite
has has occurred, right, you know, Now they're looking for
real physical contact, whereas before a zoom call might have
been okay.
Speaker 4: Right right.
Speaker 1: But ironically, because of AI tools, every minute of the day,
somebody sets up a new campaign to cold email thirty
thousand people from a throwaway email address and switch up
the subject lines and the one line email to get
responses to book meetings on the calendar for someone, which
makes email responses even lower than they were yesterday because
everyone's getting all these cold email blasts all the time
from these AI tools that you know are being used NonStop,
and so it makes communicating with investors harder and people
feel like, oh, yeah, I'm being smart, I need to
cold email these ten thousand people, But maybe they'd be
better off just meeting with ten people and developing a
real relationship than email in ten thousand you know.
Speaker 3: Yeah, gotcha, gotcha. So so quality over quantity, right.
Speaker 4: Yeah, for sure.
Speaker 1: And also it's really changing everything from like if you
have a seventy page pitch deck, we gave away a
week long trial to a tool today, or happy to
give it to your users or listeners for free if
you'd want. But it takes a seventy page pitchtack for
your essay long email and reduces it down based on
one thousand investor talks on stage and also twenty five criteria.
So you have one line pitch that summarizes our whole
pitchtack based on twenty five criteria in a single sentence.
And if you're not doing that, then no one's going
to read your essay long email, right, even if it
is a personalized email, they just don't have time to
read it if they don't know you yet, And that
saves time for the investor, it saves time to the
person pitching that doesn't have to write an essay now.
And then there's also AI tools out there that like
one is called Dewey that whip programmed out and we
train about one hundred and fifty white papers on due diligence.
So you can upload ten pitch decks and say, rank
these based on asymmetrical risk, Tell me how experienced the
CEO is, Let me know which one is least likely
to lose all my money in a worst case scenario,
and then make a table of all that so like.
Speaker 3: Bad, who's the least bad of the bunch?
Speaker 1: So like that's like a game changer for investors, right,
I mean you could you could fire someone that you
hired full time just to screen deals and just use
AI nowadays. And I think that's that's the number one
thing that came up at our event last week. That's
not answered. What is a solution to thirty percent of
white collar jobs being gone in eighteen months?
Speaker 3: What's that?
Speaker 4: How many pushforks are going to come out.
Speaker 3: That's what I want to know. And of course nobody
is able to answer that question, are they.
Speaker 1: The best answer I've heard is, well, you know what,
last time I hired a plumber, it costs more than
my attorney. So maybe a couple million people could become
electricians and HVAC fixers and plumbers and tradesmen, and maybe
every high school career counselor shouldn't be beating the college
drum and going three hundred thousand in debt to get
a history degree, you know, like that's the that's the
only good answer I've heard lately.
Speaker 3: Yeah, well, like kind of agree with that, you know,
I think, but how many plumbers do we need? And
how many electricians and handing them right?
Speaker 4: Right?
Speaker 1: We need more, probably twice as many as we need now.
But what about the rest of people. We don't have
an answer for the rest of that. And if there's
a way to solve it, you know, we're going to
have to come up with the answers, and the politicians
are going to be flat footed on how to answer
all those angry, upset people, which you know, may maybe
they should be upset, right, they got displaced by AI
and it's going to feel unfair. And I don't think
that's being talked about enough. I think it's like, besides
the fact that our country is going bankrupt with debt,
I think that all those people getting their pitchforks out
in eighteen months from now is not going to be pretty.
Speaker 3: So we're talking, well, we're kind of drifting off what
you do. But I'm really curious because I think about this,
You're thinking about it more and more people are thinking
about it every day. You need to think about it
like we already know, like guys like loan underwriters, insurance
company underwriters, and loan processors for mortgage companies, basically those
that job market's going to cease to exist right right right.
Speaker 1: Call centers right and you have a thousand people in
a call center. Well, now you just train one agent
and it answers instantly. Never isn't a bad mood, never
remembers the wrong information, always cheerful, never asked for a raise,
and it gets smarter every day, and.
Speaker 3: Wealthy breaks and they're never sick, and all that.
Speaker 4: Good stuffinantly scalable.
Speaker 1: Yeah, there's there's there's so many good things that'll come
with AI and it's so exciting. And you know, when
COVID hit, we had to go that year from thirty
live events to zero and for ten days. You know,
freaked me out a little bit that we had to
do that, But I realized the faster we pivot into
being virtual, the better our events go. And I see
that same with AI. The faster I pivot into AI
and go super deep I'm using artificial intelligence, the better
it is for our business. And it's very exciting, but
how to be compact about how do we help the
ten million people that will be displaced really soon? And
maybe there's a business way to do so, so it's
not a nonprofit that may or may not be wasteful, right,
I mean I try to think about that a little bit.
Speaker 3: It's worse than ten million. Because we'll also talk in
full self driving, all right. I've had a Tesla for
a lot of years already, and the full self driving
went from a nice feature to just keeping another set
of eyes on the road to replacing you. I mean,
it's that to that point. I mean, I really don't
drive my car most of the time, it drives me.
I went from being the driver to being a passenger
in my own car. The only thing I do is
tell her where to go, and pretty soon I think
it's going to be telling me where to go. And
the largest you know, Richard, the largest job segment in
the country right now is driver at all levels, truck drivers,
armored car drivers, taxi stupors driver. That segment's going to disappear.
Maybe not in eighteen months, maybe, but I would wager
within thirty six months it will be gone.
Speaker 1: I this is this copic is directly tied to cryptocurrency,
directly tied to seeing the sets of waves coming in
because Peter Thiel says, the way you predict the future
is you find something you're high conviction on that nobody
else sees yet, and you go really hard on that
when everyone else thinks that the market doesn't exist, or
you don't know what you're doing, or it doesn't make sense. Uh,
and no one has an answer to you know what
we're going to do about replacing everybody?
Speaker 3: You know, I'll give you another one, all right. I
call it the Trump GPT. Yeah, the whole strategy of
Trump coming into office was executed, set up, and executed
by AI. It's not a question in my mind. I
can see the waves. You know, you use it a
lot obviously, as I thought, and I see the waves there.
There's just certain phrases, all those executive orders being ready
to drop. It's even gone to the point where the
litigation strategy of his opponents was game planned and prepared
for ahead of time, almost to the point where the
documents were drafted and all the legal hot points and
the hot areas, all of this was anticipated. Same thing
with the trade negotiations. Wrote an article about that. It
used to be once upon a time the diplomats sat
down and they hashed out an agreement, and it took
forever because they were busy globe trotting to you know,
five star resorts and Michelin rated restaurants and downing the
religious quantities of Champagne and Bordeaux. But all that's changed
now those agreements can be banged out in a matter
of weeks. Understanding this except you and I, Richard.
Speaker 4: Yeah, I mean it's interesting.
Speaker 1: I think there's there's people that think AI is evil
and don't use it at all.
Speaker 4: There is a large barbell.
Speaker 1: Of people who use GPT, almost like Google or the
Little cup recipes or just look at individual little searches,
and then Sam Altman says, at the other end of
the barbell are the really big power users, and those
people are doing so many deep research things per day
that the thing that's limiting them is they're time to
read through the results of the deep research and then
put that to use. You know, that's where people are
at right now. Right you have to ask yourself what
side of the barbell are you on, and that's going
to determine if AI is good for you or not.
Speaker 3: I think, yeah, well, I think it's unescapable and unavoidable
where we're heading here, because the genie is out of
the toothpaste tube here for sure.
Speaker 1: I mean you can either like complain about the new
reality or adjust to it and be nimble and angile
and make it good for you and your family.
Speaker 4: I mean, that's the only two options I see.
Speaker 3: You know, yeah, and it's really it and it's not
like you particularly need any training. Like for a while,
prompt engineer was a hot topic, but as you work
with it, you know, it adapts to you and you
adapt to it. And then the question is like, how
soon before it becomes self aware?
Speaker 2: Is it?
Speaker 3: Alrighty aware? A lot of people out there, and I
have to include myself as one of them. Think that
there's something more here than just chips and code.
Speaker 4: Right right, I mean, so what are you?
Speaker 1: It's already more self aware than some human beings I
interact with.
Speaker 4: But like, I think that I think one.
Speaker 5: Thing that I want to use that Yeah, I did
see another quote that said that AI actually hallucinate slightly
less than human beings, but just in you know, less
predictable ways.
Speaker 1: You know, you can imagine how a human being is
going to hallucinate about how big a fish they caught,
or you know, how much, how much whatever costs, et cetera.
But I think, like what's most important here is just
to think about where the.
Speaker 4: Future is going, position ahead of it, and too.
Speaker 1: You know, the best investments are the ones that are
not what everyone is thinking, you know. It's it's things
that other people think is a bad investment or I
think is toxic. If you follow the herd, you're going
to be at vest average and probably a little bit
behind average. Right, So you do not want to sell
after everyone sold. You don't want to invest and be
the last person who invested before it came down. So
the other thing is that we talked about this last
week at our event, is that AI is only useful
for vertical, super niche use cases like your background as
an attorney. And so if a family office came and say,
we want you to be a family office fixer for us,
carry and take care of all this one hundred and
twenty ollcs we have and help with this, that and
the other thing. AI tools that help you as a
family office fixer with an attorney background, and they're built
just for you, or they're built by you for you.
That's the ultimate use case of AI, Like it's only
so useful to have a generic model so you can
ask questions. And the GPT model is fed by Wikipedia,
everything on Google and three hundred million now eight hundred
million monthly users. So do you want answers from eight
hundred million random users or do you want answers from
one hundred other family office attorneys or one thousand investors
who have spoken on stage at our events. The answers
will be completely different than what Wikipedia tells you.
Speaker 3: You know, yeah, well we don't even get me started
on Wikipedia. I'm waiting for my entry fourteen years, you know, right.
We're podcasts and anybody else out there, but I'm not
noteworthy for whatever reason. But another thing you just mentioned, okay,
being a recovering attorney, in fact, being America's top recovering attorney. Yeah,
I could tell you that eighty percent of the lawyers
out there, there's no purpose for them being out there,
but they haven't figured it out yet. I'll just tell
you brief personal example. I had a friend and in Florida,
that's where I live. She wanted to amend her will,
her trust, quit claim her condo to the trust, healthcare proxy,
and hip a waiver. All right, that's something like being
an attorney. I was connected. I paid one thousand bucks
five years ago. It's probably still okay. But they wanted
like thirty five hundred to forty five hundred dollars from her,
and not a lot of money. But it's not wealthy,
and that's all right. I said, all right, Rose, come over,
let me take a look at it. So I scan
all the documents in And that's thing that most people
don't know is that the ais read the image as
if you were reading it right. I said, make me
a condicil to the will.
Speaker 4: Boom.
Speaker 3: Fifteen minutes had to tweak it a little bit. It
didn't do everything perfect. Said, Okay, you know, let's have
an amendment to her trust. Boom done, and make me
a quick claim deed. Boom done. I put in the
legal description. I checked that, and then the other things
that just instantly did them, and I didn't charge her anything.
But when I looked at that, and then I've done
other things legal related, even though I don't practice anymore. Man, Like,
those guys weren't out of the ballpark unreasonable. It's just
they're completely unnecessary. Now they should have been doing it
themselves and charged. Are five hundred and fifteen minutes worth
of work for five hundred bucks is not so bad.
You only had to go to like a you know, mailboxes,
et cetera, to go get it notarized and witnessed. But
outside of that, it's like, what value does the attorney
bring to this process anymore?
Speaker 4: Right? Right? I mean importantly for the listeners.
Speaker 1: I mean you have a background as an attorney, so
it makes more sense for you personally to rely on AI,
and then with your attorney brain, you can review it,
make sure it's reasonable, make sure you know it's accurate.
We had somebody last week that said you should not
get tax advice from GPT. And what's interesting when hearing
that is his name is John and he's super smart,
and I get why he would say that, But at
the same time, could your tax advisor missed something? Of
course they're human, right, but also imagine you interviewed John,
got his book, got his a thousand podcast episodes, and
trained a little AI sandbox on everything John has said
over a decade. I believe that AI tool because it's
all from John's mouth, right. Ni's still could have mistakes,
You still should.
Speaker 4: Have someone review it.
Speaker 1: But I think those those types of combinations of AI
plus human that's where the magic happens, right versus blindly
relying upon AI.
Speaker 3: Well, I'll tell you a little secret here. You know,
I'm sure others are out there doing it, no question.
The thing called AI stacking, and you take the work
product from one AI start with Rock because it's going
to produce it faster than anything else out there and
getting even faster, and then you throw it over to
Chat and then maybe you go to Claude or like
there's certain ones that I feel are personally kind of useless,
like Gemini or Deep Seek is completely useless because it
doesn't it can't even find tumin square on a map. Right,
it's you. It's just so constricted, and there's a corporate
bloat wear. But there's three or four out there that
are first, you know, right, gold standard to me, yeah,
is the gold standard. But they've deliberately failed to update
from twenty twenty three. Something happened in twenty twenty three.
They don't want to go any further. But Grock, it's
off the rails. It's just a little too wild West.
Speaker 1: Yeah, yeah, sometimes the can be I mean, the best
legal related thing that we put together that's been super
helpful that no attorney could do as a human is
that we train it on a thousand deal structures. It's
called deal structure ninja. You tell it what you're solving for,
what you're negotiating, what could blow up the deal, what
you want to prioritize in the deal structure, what the
counterparty wants, and then it lists out ten deal structures
and you say, I like number two and six, Show
me ten more like that. Then it does ten more,
ten more, or ten more. Then you say I like
number nine. Just add this little component and then it'll
ask you if you want it to write the email
to the counterparty and the attorney on why it's a
win win win deal structure for everybody. How can the
attorney do that for you twenty four to seven instantly?
Like no attorney knows a thousand deal structures and can
knock out ten in five seconds, right, It's.
Speaker 4: Like it's crazy.
Speaker 1: So I think that type of stuff is just game changing.
It could change somebody's life having the right deal structure,
as you know in a deal, right, So I'm excited
about stuff like that.
Speaker 3: Yeah, No, I totally agree with you. It's amazing what
it can do.
Speaker 4: Yeah, and he.
Speaker 3: Taking enough of your time. Appreciate your coming on. People
out there want to connect with you, find out more
about you. You've got a podcast, Where do you go?
Speaker 4: Yeah, so we have a Family Office podcast.
Speaker 1: But our website for Familyoffice Club, where we have a
thousand active investors and we meet sixteen times a year
is at Family Offices dot com. And my email is
just Richard at Familyoffices dot com.
Speaker 3: All right, those links are in the show notes this
interview on Financial Survival Network dot com. Really appreciate you
coming on. It's been educational for me. Maybe I could
have found out a lot of this from AI, but
better to find out from it from you because you
give the human touch to it. The AI is a
little a little too sterile.
Speaker 1: Well maybe maybe I'm an AI bot and you just
did hear it from AI.
Speaker 4: We'll never know, right, so appreciate you having it out here.
Speaker 3: We'll have a feeling not the case. But thanks for
coming on. Hey, you getting questions for Richard myself? Shoot
me an email kl at Carrie LUTs dot com.
Speaker 2: Thanks for listening to Carrie Lets's Financial Survival Network, your
solution to today's trying times. For the latest, go to
Financial Survivalnetwork dot com. Financial Survival Network now more than ever,