How the Ultra-Wealthy Actually Invest (It's Not 60/40)

Why do the ultra-wealthy ignore the traditional 60/40 portfolio? Tad Fallows, founder of a high-net-worth community, reveals that his members hold almost zero bonds and use portfolio lines of credit instead of keeping cash reserves. In this interview, he breaks down the actual asset allocation strategies used by those with $5M-$100M+ net worths, including why they prioritize private equity and real estate over public bonds. Tad also explains why whole life insurance is almost never a good investment , the difference between revocable and irrevocable trusts for estate planning , and sophisticated tax strategies for selling concentrated stock positions—like Exchange Funds and Direct Indexing—without triggering a massive tax bill. Check out the company: https://longangle.com----------------------------------------------------------------------------------------------------------------------------📚 NETWORK BEFORE YOU NEED IT (6 LESSONS THAT MADE SEAN $15M)----------------------------------------------------------------------------------------------------------------------------▶ Get my eBook free - https://welivetobuild.com/network-----------------------------------📈 WORK WITH ME-----------------------------------▶ Buy 300 Lessons From 300 Founders: https://welivetobuild.com/300-lessons-ebook▶ Book a Paid Advisory Session: https://welivetobuild.com/book-a-call▶ Startup Fundraising: https://welivetobuild.com/fundraising▶ Sponsor the Channel: https://www.welivetobuild.com/sponsorship---------------------------------------------👀 CONNECT WITH SEAN---------------------------------------------▶ LinkedIn: https://linkedin.com/in/seanweisbrot▶ Inquiries: [email protected]🕒 CHAPTERS---------------------------00:00 - Sudden Wealth: Why You Don't Need a Wealth Manager Yet02:55 - High Net Worth Insurance (Umbrella & Carriers)05:54 - Stop Buying Whole Life Insurance08:33 - Estate Planning: Revocable vs. Irrevocable Trusts11:25 - Are Offshore Trusts (Cook Islands) Worth the Risk?14:46 - Asset Allocation: Why the Wealthy Don't Own Bonds17:26 - The "Portfolio Line of Credit" Strategy (No Cash Drag)20:23 - Private Equity vs. Public Markets25:46 - How to Sell Concentrated Stock Without Taxes (Exchange Funds)27:51 - Using Direct Indexing for Tax Loss Harvesting29:16 - The 12-Month "Cooling Off" Rule for WindfallsLeave a Review (it truly helps us grow): https://welivetobuild.com/review Hosted on Acast. See acast.com/privacy for more information.