Capital Club

Welcome back to the Colloquium Podcast! In this episode, I welcome Steve Legler! Steve is a Family Legacy Guide from Montreal, Canada. He grew up in a family business and now works with other business families as a resource around all sorts of family matters related to their wealth transition.In this episode, Steve talks about the generational impact of business family facilitation. He shares how a business family can be more aligned and how the management of wealth and the decision-making processes by the family is smooth and seamless. He also talks about how a family can work together more effectively for future generations. Join us and listen in![00:01 – 07:15] Opening SegmentWelcoming Steve to the showSteve shares his backgroundTaking over his family’s businessManaging a small family office in 1991[07:16 – 25:46] What Allows a Business Family to Continue Its LegacyDefining a family officeSteve talks about family alignmentThe importance of family engagement‘Passing the baton’Common threads in families that get it rightOpennessHaving proper relationships with the offspringsThe processes for an operating company vs. a purely financial family post-liquidity event[25:47 – 38:36] Business Family Facilitation in Today’s WorldThe effect of social media and cultural changesToday’s young people’s outlook of the futureSteve talks about when you should call a business family advisorGetting started is the hardest part of transactionsHow Steve is working with business families[38:37 – 40:48] Closing SegmentHow you can connect with SteveClosing wordsTweetable Quotes“You need to know where you're going if you want to be aligned.” - Steve Legler“It's really about getting the rising generation to understand what's ahead for them, getting them prepared, preparing to hand down some decision-making from one generation to the next, and having some family meetings around this whole process.” - Steve Legler“Let them [your children] know that things were up and down and that they should expect the same thing, and that life is not all in one direction. And that you, too, had some imperfections and made some mistakes, and that you would accept them making some mistakes, as long as they're learning from them and going in the right direction.” - Steve LeglerResources Mentioned:Excelsior Capital------------------------------------------------------------------------------------------Connect with Steve on LinkedIn!Check out Steve’s website: https://stevelegler.com/Connect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

Welcome back to the Colloquium Podcast! In this episode, I welcome Joshua Ireland! Joshua is a reformed engineer and has spent the last decade and a half operating between startups and finance. He currently serves as COO of Woodmont Investment Counsel, a Nashville-based RIA with a little over $1 billion in assets.In this episode, Josh talks about how technology and innovation have made a positive impact on the financial services industry and why it will continue to. He shares with us his journey of transitioning from nuclear engineering to tech startup to hedge funds. Josh also shares his thoughts on networking, finding financial advisors, and diversity in the industry. Join us and listen in![00:01 – 09:43] Opening SegmentWelcoming Josh to the showJosh shares his backgroundComing from an engineering backgroundHow he ended up within Nuclear EngineeringThe impact of coming from a military familyBeing a first-generation college student[09:44 – 18:43] Diving Deeper into Josh’s Story of Pivoting to FinanceJosh shares his experience on starting ventures in ChinaFrom nuclear engineering to tech startupTransitioning to hedge fundJosh on networking, relationships, and connections[18:44 – 30:44] The Positive Impact of Technology in the Financial IndustryThe struggles of some monolithic giant financial services companiesWhat the future might look like for these companiesHow technology has been helping smaller firmsWhy decentralization leads to more competitionHow technology and innovation has impacted the financial industryTechnology’s role in financial services’ futureThe future of alternativesBuilding relationships through podcasts and social media[30:45 – 46:26] Take This Advice If You’re Looking for a Financial AdvisorJosh talks about Woodmont Investment CounselBeing the COO of the companyWhat their company providesJosh’s advice for those looking for somebody to manage their assetsUnderstand what you’re paying in feesUnderstand how your advisor is getting paidWhat Josh thinks the future is for the industryThe role of technology and innovationDiversity in the industry[46:27 – 48:51] Closing SegmentHow you can connect with JoshClosing wordsTweetable Quotes“The people who are successful or have become successful are rarely there because they pick themselves up by their bootstraps and did it all without help from anybody else. That was something that I had to learn.” - Joshua Ireland“We are the product of the people that we surround ourselves with oftentimes, and people do open the door, but you've got to step through it.” - Brian AdamsResources Mentioned:Excelsior Capital------------------------------------------------------------------------------------------Connect with Josh on LinkedIn!Connect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

Welcome back to the Colloquium Podcast! In this episode, I welcome Britt Messer to the show! Britt serves as Chief Investment Officer of Southeastern Trust Company and leads the firm's Nashville office which opened earlier this year. Prior to joining SETCO, he spent 20 years as an investment analyst and portfolio manager for a large regional bank. In this episode, Britt talks about asset allocation and management during challenging times brought by the COVID-19 pandemic. He talks about private equity and alternative investments and where he thinks the market is heading from here. He also shares his thoughts on NFTs, meme stocks, and cryptocurrency. Join us and listen in![00:01 – 09:05] Opening SegmentWelcoming Britt to the showBritt shares his backgroundAdvising and managing portfoliosFiguring out today’s marketsThe value and solutions Southeastern Trust brings[09:06 – 30:25] Private Equity and Asset AllocationTransitioning into a trust companyThe degree of comfort the model bringsFlexibility and accessibility in TennesseeAsset allocation decision-making during challenging timesLooking at where the market is goingBritt’s thoughts on value stocks todayBritt on fixed income bond portfoliosNon-dollar denominated bondsPrivate equity alternativesBritt on NFTs and RobinhoodMeme stocksBritt’s thoughts on cryptocurrency[30:26 – 41:54] Changes in the Investing World How investing has changed in the last 50 yearsDoes debt matter anymore?Economic growth and GDPHow Britt curates information on a daily basisWhat he is reading right nowReacting to volatility and bear marketsHow worried Britt is about inflation[41:55 – 44:53] Closing SegmentWhat Britt does for funHow you can connect with Britt and his firmClosing wordsTweetable Quotes“I think one thing that is proven out and it shows them the results and shows them the numbers is that solid private managers still tend to outperform and provide an alpha over public equities over the lifecycle of their funds.” - Britt Messer“You are going to see more bear markets, you're going to see more volatility. It's really how you react to it and how you adjust to those situations." - Britt MesserResources Mentioned:Southeastern Trust CompanyExcelsior Capital------------------------------------------------------------------------------------------Connect with Britt on LinkedIn!Connect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

Welcome back to the Colloquium Podcast! In this episode, I welcome Archimede Mulas! Archimede is the founder and managing partner of Collective Equity Ownership, a UK secondary fund that allows founders and shareholders of private companies to pool their equity together. Archimede started Collective Equity back in 2017, having closed their first fund last year, and with a second one in the pipeline for this year. Prior to Collective Equity, Archimede studied Ship Science and Naval Engineering, with a focus on logistic value chains of container shipping and the complexities of Liquified Natural Gas (LNG). In this episode, Archimede fully breaks down collective equity. He talks about its definition, advantages, benefits, and structure. He shares why it can help a lot of investors and entrepreneurs become more liquid and how it can help in the diversification of their assets. He also talks about how they are educating the marketplace about the opportunities brought by collective equity. Join us and listen in![00:01 – 03:33] Opening SegmentWelcoming Archimede to the showArchimede shares his backgroundBeing a naval engineerHow a conversation with an entrepreneur on a plane inspired him Finding the concept of illiquid wealth[03:34 – 27:08] Collective Equity: What is It?The problem of illiquid wealthDiversification is keyExplaining collective equityWho’s eligible?Its advantage and benefitsThe element of contributionBeneficial ownershipThe problem with secondariesParticipation of those involvedDetermining liquidityValuationsDeal-killers[27:09 – 38:10] Sharing the Benefits of Collective Equity with the WorldEducating the marketplace about the opportunityInforming people about the advantage of collective equityThe dynamic within the founder communityArchimede talks about exchange fundGrowing globally[38:11 – 39:16] Closing SegmentHow you can connect with ArchimedeClosing wordsTweetable Quotes“Diversification is where I see a lot more value than just pure cash.” - Archimede Mulas“Valuation is that one node where if you get it wrong, the deal won't go through, and if you get it too good to be true, there's also a problem in the underlying company, that's another red flag that starts being waved. So the way that we look at it is, we don't want to create a new price point for the company, and we try and follow what someone has or has been willing to pay for that class of shares prior to us.” - Archimede Mulas“What we try to provide them is a bit of peace of mind in their financial stability, which is something that nobody else can give them, and then knowing that they're doing this with other great founders and other angels just reassures them that this is a step that they’re happy to have made as part of their journey.” - Archimede MulasResources Mentioned:Collective Equity OwnershipExcelsior Capital------------------------------------------------------------------------------------------Connect with Archimede on LinkedIn!Connect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

Dave Vreeland, a seasoned healthcare IT expert with over 25 years in the sector, shares insights on transitioning from operator to investor. He discusses the explosive growth potential in the healthcare market, especially post-COVID-19, and highlights automation trends shaping the future. Vreeland emphasizes the importance of collaboration with entrepreneurs to address market gaps and navigate investment challenges. His experiences in private equity provide valuable lessons on balancing relationships and business expectations, making for an engaging conversation on the future of healthcare investments.

Welcome back to the Colloquium Podcast! In this episode, we have Ronald Diamond, founder and CEO of Diamond Wealth, a boutique advisory firm for Family Offices. He represents over 100 Family Offices ranging in size from $250 million to $30 billion. Diamond Wealth invests in private markets (private equity, venture capital, and real estate). In addition, Diamond Wealth has divisions that focus on philanthropy, wealth transfer, investment banking, social impact, and governance.In this episode, Ron goes to the specifics of a Family Office, from its definition to its impact on society. Ron also shares his thoughts on why Family Offices are slowly disrupting the investment management industry. He also talks about its future and long-term benefits. Join us and listen in![00:01 – 01:02] Opening SegmentWelcome back!I introduce Ron to the showHis background[01:03 – 23:32] The Emergence of Family Offices Ron’s definition of a Family OfficeThe cost to have a single Family OfficeHow it’s different 20 years agoWhat caused the emergence of the family office spaceThe impact of the internetAlignment of interestThe effect of private equity investing and venture capitalHow Family Offices are slowly disrupting the investment management industryRon talks about ‘Patient capital’What makes it a solid modelFamily Offices’ impact on society[23:33 – 31:37] What’s the Future of Family Offices?How Ron envisions the future of Family OfficesHis plans of putting up a Family Office center at StanfordEducating the public about Family OfficesThe long term benefits of a Family OfficeRon talks about Family Offices that are getting it right[31:38 – 40:42] Closing SegmentRon talks about the services his company providesHe shares his thoughts on current compelling investment opportunitiesClosing wordsTweetable Quotes:“It's not just about creating alpha, which is terrific, everyone wants to make more money, but I think that it's gonna be more beneficial to society… There are issues that have to be addressed, and I think family offices are more apt to take that into consideration when investing than a corporation.” - Ron Diamond“At the end of the day, everyone wants to make a lot of money, and that's terrific, but at what cost? And I just think that family offices, because many of them are so philanthropic and many of them are holistic and heir intent is to make it last, that it'll have a lasting impact.” - Ron DiamondResources Mentioned:Excelsior Capital------------------------------------------------------------------------------------------Connect with Ron on LinkedIn!Check out Ron’s company, Diamond Wealth on LinkedIn!Connect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

Welcome back to the Colloquium Podcast! In this episode, I welcome Dewey Burke, Founder and CEO of Luxury Asset Capital, an alternative finance segment that provides loans using borrowers’ luxury assets as collateral. As the CEO of the company, Dewey is in charge of formulating the company’s strategy and overseeing its execution. Under his leadership, Luxury Asset Capital has experienced 9x growth of AUM since January of 2017, raised $100m in investor capital, and acquired its largest competitor, Borro, in February of 2020. Dewey earned his Bachelor’s degree from the University of North Carolina, where he also played as a basketball player and won two ACC Championships. In this episode, Dewey talks about how Luxury Asset Capital processes a collateral loan, from the valuation of the assets to the fees and costs. He also talks about what sets them apart from commercial banks and what advantage they are giving their present and future clients. Join us and listen in![00:01 – 10:35] Opening SegmentI introduce Dewey to the showDewey shares his backgroundWorking at equity firmsBeing in the collateral financing spaceLaunching Luxury Asset CapitalPlaying basketball at UNCDefinition of termsCollateral loanWhy their company is fundamentally different[10:36 – 22:30] Breaking Down the Lending ProcessDewey shares a story from one of their dealsHow they closed the deal so quicklyEstablishing themselves in the marketplaceHow they handle the valuation of the assetsWorking with expertsLuxury and fine artsDifferent types of collateralsRare assetsDewey talks about fees and costsCourier feesTheir difference from a bankLogisticsHow they store the collateralsTokenized assets and NFTs[22:31 – 28:49] Today’s Market and Future PlansWorking in the sports entertainment industryWorking with athletes and entertainersReferral partnersIndirect opportunitiesWhat’s next for his companyAccelerating growth[28:50 – 34:12] Closing SegmentHow you can begin the process How you can connect with Dewey and his companyMost exotic collaterals they dealt withFinal wordsTweetable Quotes“Essentially, it's about education. People don't know that this is a thing. They don't know this exists, and it's rare that I have a conversation where I explain our business proposition to someone and they don't say ‘Wow, that makes a lot of sense.’ Conversations like this are helpful, and just educate the consumer that the bank isn't the only option. The assets the bank considers are not the only option.” - Dewey Burke Resources Mentioned:Luxury Asset CapitalBorroExcelsior Capital------------------------------------------------------------------------------------------Connect with Dewey on LinkedIn!Check out Borro on LinkedIn and Twitter at @borrobuzz!Connect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

Nathaniel Polachek is a managing member of Yieldpoint Stable Value Fund, L.P., and an equity owner at Commodity Asset Management, LLC. Nate also has a wide experience as a trader for big corporations like Goldman Sachs and Bridgewater Associates. In this episode, Nate breaks down commodities trading and the overall space of trade finance. He talks about the current state of commodities trading and how it can create an impact on society and the environment. Ready to learn about commodities trading? Join us and listen in![00:01 – 05:13] Opening SegmentI introduce Nate to the showNate’s backgroundHis experience working at big corporationsWorking at Goldman Sachs and Bridgewater Associates[05:14 – 18:54] Talking Trade Finance and Commodities TradingThe ‘Aha!’ moment for NateStarting a community hedge fundNate on niche-alternative strategiesNate breaks down commodities tradingYields they were able to achieveHow insurance protects the downsideTransaction structureCreating an environmental impactTaking out mine waste[18:55 – 34:51] Current State of Trade FinanceCommodities trading  todayThe portfolio’s performance during the COVID-19 pandemicNate on the Suez Canal issueHis thoughts on the status of today’s supply chainPayment vs. bill of ladingNate shares what a typical transaction is like in commodities tradingNate's thoughts on FinTech[34:52 – 36:11] Closing SegmentHow you can connect with NateFinal thoughtsTweetable Quotes“A part of the way we mitigate against that risk is just having a big portfolio, doing deals in 30 different countries across a lot of different commodities. Just diversity in the book. That's how we try to approach things... We recognize that things could happen, but we just try to mitigate those risks as best as we can.” - Nathaniel PolachekResources Mentioned:Yieldpoint Stable Value Fund, L.P.------------------------------------------------------------------------------------------Connect with Nate via email!Check out Yieldpoint’s website and LinkedIn!Connect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

In this episode of the Colloquium Podcast, we have Brian Pallas, founder and CEO of Opportunity Network, a business matchmaking platform enabling high-quality decision-makers to share and connect to business opportunities worldwide. Brian shares how he started his company and what inspired him to help companies connect with opportunities around the world. He also talks about how you can execute an idea and turn it into reality. Brian shares how you, as an individual or a company, can create an impact on the world. Listen in![00:01 – 08:21] Opening SegmentI introduce Brian to the showBrian’s backgroundGoing to business schoolWork experienceEstablishing Opportunity Network[08:22 – 19:21] Got an Idea? Start with Giving Value!What made Brian want to start Opportunity NetworkCreating an impact Eliminating the cost of lost opportunitiesRegenerating economic growthBrian on executing an ideaStart with giving valueMistakes he made when starting outBrian’s advice to his younger selfGo for it![19:22 – 30:26] Making an Impact Through Network BuildingBrian shares his most amazing dealsHow the network impacts an individual memberWhat change do you want to make?How Brian convinced big organizations[30:27 – 32:16] Closing SegmentHow you can connect with Brian and his companyFinal thoughtsTweetable Quotes“Impact is not just driven by your action, it’s driven by your intention. If they're not there in the first place, and you're not willing to make economic sacrifices, you're not willing to really stand behind it, it's not going to happen.” - Brian Pallas“You have to go through some tough choices sometimes to make sure that you can do good... And eventually that will do well for you.” - Brian PallasResources Mentioned:Opportunity NetworkExcelsior Capital------------------------------------------------------------------------------------------Connect with Brian via email and LinkedIn!Check out Opportunity Network’s website and LinkedIn!Connect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

With the arrival of blockchain technology, those in the commercial real estate space are witnessing a transformation that’s expected to expedite the transaction process and bring liquidity to a traditionally illiquid asset class. Industry experts, Aaron Lohmann, Solomon Tesfaye, and Ryan Zega, joined me for an in-depth discussion on the advantages of digitizing private assets.[00:01 – 07:44] Opening SegmentA brief self-introductionI introduce today’s guests to the showThe guests share their backgroundsDefinition of termsDigital tokenSmart contract[07:45 – 31:21] Digitization of Real AssetsDifference between digital securities and cryptocurrencySolomon talks about liquidityFractionalization of ownership of real assetsDigitizing assetsHow the valuation worksFocusing on equity and debtSeasoned securitiesFrictionless transfer of value[31:22 – 48:16] Diving Deeper Into Tokenizing Real Asset InvestingAddressable market for tokenized real assetsHow a token represents ownershipEnvisioning investments in digitalized assets Fees and costsGeography and regionsComparing to NFTs[48:17 – 54:54] Closing SegmentAdvice for those who want to invest in digital assetsFinal thoughtsTweetable Quotes“There's multiple advantages to digitizing or tokenizing real estate or any other private asset, for that matter. Many are quite intuitive, but they may be weighted differently depending on the asset and the type of owner. Some key advantages are naturally liquidity and trying to capture a liquidity premium because a lot of these private assets do have illiquidity discounts. Access to a broader set of global investors, reduction in cost of actual entry into these assets… Those are the key advantages of allowing ongoing continuous trading of private assets.” - Solomon TesfayeResources Mentioned:Earn.retZERO Group------------------------------------------------------------------------------------------Connect with Aaron, Solomon, and Ryan via their emails:Aaron Lohmann: al@earn.reSolomon Tesfaye: stesfaye@tzero.comRyan Zega: rzega@tzero.comConnect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.