Wealth Strategy Secrets of the Ultra Wealthy Podcast

In this episode of Wealth Strategy Deep Dives, Dave Wolcott challenges one of the most widely accepted beliefs in investing: diversification as Wall Street teaches it. Dave explains why owning dozens—or even hundreds—of stocks doesn't actually reduce risk, and how traditional portfolios remain dangerously exposed to the same systemic forces, from central bank policy to market sentiment and geopolitical shocks. When markets correct, correlations converge, revealing that most investors aren't diversified at all—they're simply concentrated in a single financial system. Dave breaks down three core myths: that more stocks equal less risk, that traditional asset allocation creates true protection, and that long-term investing alone eliminates danger. He then contrasts this with how the ultra-wealthy actually diversify—across asset classes, income streams, tax treatment, and control. By owning real assets like private real estate, private credit, energy, and operating businesses, wealthy investors reduce reliance on market appreciation and instead focus on cash flow, tax efficiency, and structural resilience. As Dave reminds us, true diversification isn't about more tickers—it's about less dependency. Download a free copy of Dave's book at HolisticWealthStrategy.com and join the investor community for exclusive education, opportunities, and resources to accelerate your path to financial freedom. Ready to go deeper? Book a call to explore the Virtual Family Office or apply for the Mastermind to build true generational wealth. Learn more: https://pantheoninvest.com/ Get Dave's Free Book: https://pantheoninvest.com/freebook

Today we have an incredibly timely and insightful episode featuring David Morgan, a renowned expert in precious metals and monetary history. With a career spanning decades, David Morgan brings unique depth to our understanding of wealth preservation and strategic investing—especially in turbulent economic times. Joining our host Dave Wolcott, David Morgan shares his remarkable journey that began with a childhood fascination for coins, leading him to become one of the go-to authorities on gold and silver's pivotal role in modern portfolios. As we kick off 2026 amidst ongoing currency debasement, global instability, and record money printing, this conversation couldn't be more relevant. David Morgan breaks down the warning signals flashing from the precious metals markets, offering perspective on how gold and silver continue to shine as anchors of legacy wealth, even as the global financial system moves rapidly toward digital currencies and modern monetary theories. Listeners will discover invaluable strategies on how to safeguard their purchasing power, create balanced portfolios, and navigate the coming changes with clarity. David Morgan not only explores the history and utility of precious metals, but also shares practical advice on asset allocation, storage options, and the real-world impact of resource wars and technological demand. In this episode, we discuss: David Morgan's origin story and fascination with money and investing Strategies for portfolio positioning as the world faces a global reset The real utility and investment case for gold and silver Practical guidance for choosing and securing precious metals in your wealth strategy Learn more: https://pantheoninvest.com/episode205 Get Dave's Free Book: https://pantheoninvest.com/freebook

Today's episode is packed with powerful insights as we welcome a distinguished panel of guests, including Stephen Hall, Sharon Lechter, Ani Manian, and Aaron Hofrichter, alongside your host, Dave Wolcott. Together, they bring a wealth of experience in tax strategy, wealth acceleration, financial education, and the mindset required for lasting prosperity. We kick things off with Stephen Hall, a second-generation tax expert from Robert Hall and Associates, who breaks down the crucial differences between tax planning and tax preparation, and shares actionable tips for structuring your investments to minimize your tax burden. Next, Sharon Lechter, renowned co-author of "Rich Dad Poor Dad", takes us on her personal journey—from her childhood lessons around the dinner table to fundamentally changing the landscape of financial education across the globe. We're also joined by Ani Manian, who explores the deeper meaning of wealth—beyond just financial figures—and explains why cultivating abundance begins with your mindset. Wrapping up, Aaron Hofrichter combines his experience as a CPA and real estate investor to share practical strategies for maximizing returns and steering clear of common tax pitfalls. This episode is simple, educational, and focused on empowering you to take control of your financial future, whether you're an entrepreneur, investor, or someone looking to start your journey towards wealth. In this episode, we discuss: The difference between tax planning and tax preparation Strategies for tax-efficient investing and avoiding IRS "dirty dozen" pitfalls The importance of financial education for adults and children The mindset shifts needed to achieve true wealth and abundance Learn more: https://pantheoninvest.com/episode198 Get Dave's Free Book: https://pantheoninvest.com/freebook

In this episode, Dave Wolcott joins the Road Less Travel Show to share the personal journey that shaped his approach to wealth, leadership, and purpose. From growing up in a middle-class household in Connecticut to serving four years in the U.S. Marine Corps, Dave reflects on the lessons of leadership, integrity, and teamwork that stayed with him long after his military service. After transitioning into corporate America, he found himself frustrated by the lack of mission and purpose—until discovering Robert Kiyosaki's Cashflow Quadrant, a moment that fundamentally changed how he viewed business, investing, and financial freedom. Dave unpacks how years of running a technology consulting business while investing "underground" in alternative assets ultimately led to the creation of Pantheon and his book, The Holistic Wealth Strategy. He offers practical advice for anyone considering a major career or life pivot, emphasizing the importance of self-awareness, doubling down on your strengths, and building a team to support the areas where you're not naturally wired. Dave also highlights tools like the Kolbe Index to better understand your instinctive strengths, avoid burnout, and design a path aligned with who you truly are—both in business and in life. Download a free copy of Dave's book at HolisticWealthStrategy.com and join the investor community for exclusive education, opportunities, and resources. Want to go deeper? Book a call to explore the Virtual Family Office or apply for the Mastermind to start building true generational wealth.

Today's episode features an inspiring conversation with Karishma Ismail, an expert in helping high-achieving entrepreneurs and families create meaningful connections and lasting legacies. Joining host Dave Wolcott, Karishma Ismail brings her personal journey as a first-generation immigrant and successful entrepreneur, highlighting the struggles and lessons learned along the way—from witnessing her father's tireless work ethic to navigating her own path through burnout, success, and ultimately, clarity about what matters most. Throughout this episode, Karishma Ismail peels back the layers of what legacy really means, moving beyond dollars in the bank to focus on the importance of family unity, intentional connection, and self-awareness. She offers simple, practical strategies for fostering connection and harmony within families, especially for those managing wealth across generations. Karishma Ismail and Dave Wolcott also explore why family conversations can be challenging, particularly during the holidays, and how breaking old patterns and roles can spark new, authentic relationships. Whether you're an entrepreneur, a family leader, or someone seeking deeper fulfillment and connection, this episode is packed with valuable lessons for building a legacy that isn't just inherited, but truly lived every day. In this episode, we discuss: Why disconnect happens in families—especially among high achievers and across generations How to create intentional connections and safe spaces for family conversations Practical strategies to break old patterns and foster ongoing family harmony The power of living your legacy today, not just planning for the future Learn more: https://pantheoninvest.com/episode203 Get Dave's Free Book: https://pantheoninvest.com/freebook

In this episode of Wealth Strategy Secrets of the Ultra-Wealthy, Dave Wolcott joins Brett Swarts on the Build With The Billions podcast to unpack the mindset and strategies behind true legacy wealth. Dave shares his personal journey—from growing up in a middle-class household and serving as a Marine Corps captain to becoming a father of triplets overnight, a moment that forced him to rethink everything he had been taught about money. When traditional advice like maxing out a 401(k) fell short, Dave embarked on a decades-long mission to study how the top 1% and 0.01% actually build and protect wealth. Together, Dave and Brett explore why alternative investments like private equity, real estate, and energy are primary strategies for the ultra-wealthy—not "alternatives." Dave explains how this realization led to the creation of The Holistic Wealth Strategy, a framework designed to help entrepreneurs move beyond Wall Street's limitations, scale intelligently, and build wealth with purpose. This episode challenges conventional thinking and offers a clearer blueprint for those seeking long-term freedom, impact, and generational legacy. Download a free copy of Dave's book at HolisticWealthStrategy.com and join the investor community for exclusive education, opportunities, and resources. Want to go deeper? Book a call to explore the Virtual Family Office or apply for the Mastermind to start building wealth the way the ultra-wealthy do.

Today we're bringing you an insightful conversation with Tim Pawul, one of the clearest voices in energy alternative investments. Tim is the founder of a merchant bank specializing in oil and gas mineral rights, royalty interests, and non-operated working interests—a sector most investors have heard of but few truly understand. Based in Houston, Texas, Tim has spent over a decade at the forefront of oil and gas investing, earning a reputation as an expert and thought leader in this space. In this episode, Tim joins Dave Wolcott to demystify how sophisticated investors can harness the powerful returns and tax advantages of mineral and royalty investments, even without direct experience in the energy sector. Tim shares his journey from Rice University graduate to becoming a central connector of institutional players, managers, and investors in oil and gas. You'll gain an exclusive look into the recent institutionalization of these asset classes, why technology has transformed the sector, and what sets it apart from conventional public energy stocks. Whether you're looking to diversify your portfolio, minimize risk, or learn about 1031 exchanges and energy-backed passive income, this episode offers a masterclass in understanding both the macro trends and the nuts-and-bolts of investing in the booming minerals and royalties market. In this episode, we discuss: Tim's path to becoming a leading expert in oil and gas minerals, royalties, and non-operated interests Macro trends and institutional evolution shaping energy investments How minerals, royalties, and non-op interests work—and their unique risk-return profiles Strategies for tax efficiency, portfolio fit, and leveraging 1031 exchanges in energy investing Download Dave's book for free at HolisticWealthStrategy.com and get access to the investor community for exclusive education & opportunities. You can also book a call to explore the Virtual Family Office or apply for the mastermind to go deeper into building generational wealth.

Most investors believe wealth is built by accumulating assets and waiting until retirement to enjoy them. But the ultra-wealthy play a very different game—one focused on control, liquidity, and velocity of capital. In this Deep Dive, Dave Wolcott breaks down why traditional accumulation strategies often fail high-earning investors and how a more holistic approach to wealth changes everything. Dave explains why over-concentration in real estate can quietly create risk, how Infinite Banking works when structured correctly, and why family offices have used this strategy for decades to improve cash flow, protect capital, and fund future investments without relying on banks. This episode pulls back the curtain on one of the most misunderstood wealth strategies—and shows how investors can regain control of their capital while accelerating long-term wealth. Learn how the ultra-wealthy think about capital—and how you can apply the same principles in your own portfolio. Download Dave's free book, The Holistic Wealth Strategy, at: https://holisticwealthstrategy.com

Today's episode features a powerhouse in the world of tax strategy and wealth building—Brett Swarts, CEO of Capital Gains Tax Solutions. As one of the nation's leading experts in advanced exit planning, Brett Swarts brings a wealth of knowledge on how entrepreneurs, business owners, and investors can dramatically reduce their tax burden during major liquidity events. If you're tired of feeling like the IRS is your largest beneficiary when selling highly appreciated assets, this episode is a must-listen. With a background in real estate, business brokerage, and a deep understanding of the tax code, Brett Swarts specializes in unveiling strategies that most advisors aren't even aware exist. He goes beyond traditional approaches like the 1031 exchange, introducing listeners to the Deferred Sales Trust—a game-changing tool that can preserve 20% to 50% more of your net proceeds. In this episode, Brett Swarts and the host break down exactly how the Deferred Sales Trust works, who it's best suited for, and how its flexible team-based approach makes it the "Netflix" to the traditional 1031 "Blockbuster." Whether you're planning to sell a business, real estate, crypto, or even collectibles, this conversation will open your eyes to tax-saving strategies that could shape your family's wealth for generations. In this episode, we discuss: The mechanics and benefits of the Deferred Sales Trust How to offset capital gains tax and retain more wealth at exit Key differences between DSTs, 1031 exchanges, and other strategies Building the right team and mindset for generational wealth preservation Learn more: https://pantheoninvest.com/episode201/ Get Dave's Free Book: https://holisticwealthstrategy.com/

In this episode of the Wealth Strategy Deep Dives solo series, Dave Wolcott sits down with Chris Larsen to share the personal turning point that pushed him beyond traditional financial advice and into the world of alternative investing. After serving in the Marine Corps, transitioning into tech, and suddenly becoming a father to triplets, Dave realized that "max out your 401(k)" wasn't a true wealth-building plan. This launched a 20-year journey exploring asset classes like real estate, oil & gas, private credit, and more—ultimately shaping the Holistic Wealth Strategy, a five-phase framework modeled after how the ultra-wealthy think, invest, and protect capital. Dave and Chris break down the phases of this strategy, beginning with vision and mindset, then elevating financial IQ, building a dream team of advisors, creating infrastructure for wealth protection, and ultimately building multiple streams of passive income. They discuss the multiplier effect of financial education, relationship capital, and whole life insurance as a powerful liquidity + protection tool used by family offices for generations. If you've ever wondered how to transition from retail investing to structured, generational wealth building—this conversation is your roadmap. Download Dave's book for free at HolisticWealthStrategy.com and get access to the investor community for exclusive education & opportunities. You can also book a call to explore the Virtual Family Office or apply for the mastermind to go deeper into building generational wealth.