Tad Fallows

Tad Fallows, co-founder of Long Angle and former co-founder of iLab Solutions, shares insights from a retreat for high-net-worth individuals. He discusses how wealth influences happiness and family, emphasizing resilience over perfection. The conversation highlights practical strategies for teaching kids about money, the psychological burdens of wealth, and the importance of aligning investments with personal values. Tad also reflects on the need for flexibility in financial planning and the path to finding purpose in life choices.

Tad Fallows, co-founder of Long Angle, reveals the unique financial habits of high-net-worth individuals and dispels common myths about their investment practices. He discusses the shift towards alternative assets, emphasizing investing in art and real estate while showcasing innovative strategies like renting part of a home. Tad also covers the importance of self-management in wealth decisions and contrasts renting versus buying in today's market. Listeners gain valuable insights into the evolving investment landscape and effective approaches for managing wealth.

In this engaging discussion, Tad Fallows, co-founder of Long Angle, shares his insights on teaching kids about money management and investing. He emphasizes the value of practical experiences like brokerage accounts and the importance of allowances in fostering financial responsibility. Tad also breaks down college savings options, highlighting the benefits of 529 plans. Lastly, he shares clever real estate tax strategies and recommends enjoyable activities in Dallas, making financial education both accessible and fun for families.