00:00:00:00 – 00:00:16:04
Aaron Fragnito
What I found the most interesting is, you know, the ultra high net worth individuals you work with still make money, mistakes, kind of a common money mistakes that even a regular, you know, credit investors make as well.
00:00:16:06 – 00:00:37:04
Aaron Fragnito
All right, ladies and gentlemen, welcome back to the Passive Cash Flow podcast. I’m your host, Aaron Frank Nieto. We have an exciting guest here with us today, a gentleman who works with a lot of family offices and ultra high net worth individuals and helps them avoid making mistakes with their wealth to make sure they preserve and grow their wealth long term.
00:00:37:06 – 00:00:39:03
Aaron Fragnito
How are we doing today? Homer Smith, how are we doing?
00:00:39:09 – 00:00:47:13
Homer Smith
Doing well. Aaron, thanks for having me. It is great meeting you. Recently in New York and, Yeah, thanks for inviting me on the podcast.
00:00:47:15 – 00:01:06:03
Aaron Fragnito
Absolutely, absolutely. Glad to have you on the show here. You know, I enjoyed our meeting you at that family office event there in the city. And, just learning more about your service. You know what? And I was reading your book on the way home on the train there, and, it was really interesting at first. I said, oh, another financial book, this will be dry.
00:01:06:03 – 00:01:38:07
Aaron Fragnito
But then it was actually engaging and very interesting, you know, and some good nuggets in there as well. What I found the most interesting is, you know, the ultra high net worth individuals you work with still make money mistakes, kind of, common money mistakes that even our regular, you know, credit investors make as well. And, we just all assume if you’ve, if you’ve made it to a certain level of wealth, you must really understand how to manage that stuff and how to make sure you don’t lose money and you’re well protected.
00:01:38:07 – 00:01:42:07
Aaron Fragnito
And, but I guess it’s not always the case that you’re finding,
00:01:42:09 – 00:02:02:17
Homer Smith
Yeah. And, you know, thanks again for having me on. And. Yeah, I think one of the biggest realizations I’ve had in the last, you know, five, ten years working with these ultra high net worth families and business owners is how underserved they are. And, and I would say it’s, you know, given how complex the world is with these types of clients.
00:02:02:19 – 00:02:19:03
Homer Smith
Yeah, I’d say it’s it’s less on the individuals, although their ultimate, at the end of the day, responsible for their, their wealth. But to me it’s really on the professionals around them and making sure they’re actually getting, quality advice. So, you know, really as you mentioned, where we come in is, is really helping to book them to optimize.
00:02:19:03 – 00:02:40:17
Homer Smith
That’s what we’re and really what we’re known for. Yeah, really, more than anything else is, is helping these successful families, business owners, navigate life’s most important, meaningful, complex transitions and, you know, there’s I’ve been in the business for about 25 years. I’ve been here for years and years and years about these trillions of dollars of wealth transfer that’s coming from the silent generation and from baby boomers.
00:02:40:17 – 00:02:59:10
Homer Smith
And and I think we’re actually starting to see it. You know, unfortunately, from either people passing away and passing on wealth or, or through, I’d say a higher, urgency and, and just overall numbers around business sale, real estate sale. People are trying to, you know, create a bit more liquidity. And now there’s a lot of implications that come with that.
00:02:59:10 – 00:03:20:11
Homer Smith
So that’s really where we do, you know, a significant amount of our work with, with those families. And again, just to your point, when we start getting into the weeds and start doing our review with them, it’s extremely rare that we don’t find significant gaps that they need to fill in life issues that could be very detrimental to their to their wealth.
00:03:20:13 – 00:03:32:10
Homer Smith
And, you know, even more often opportunities that they’re just not aware of and aren’t taking advantage of. So that’s a big part of of our world is just trying to get them, to recognize those and see where they can optimize better.
00:03:32:12 – 00:03:55:10
Aaron Fragnito
At People’s Capital Group, we help you invest in real estate, build your wealth by owning professionally managed apartment buildings in the northern new Jersey market. We want to show you how owning real estate is attainable, even for the busy professionals that don’t have the time or experience investing in real estate. Now, we only work with select people who are serious about building wealth.
00:03:55:14 – 00:04:22:12
Aaron Fragnito
So find out if you qualify at People’s Capital group.com. Yeah. Yeah. Absolutely, absolutely. And you know what’s interesting here about America? You know, you can, create wealth without completely understanding always how wealth is protected and preserved. Right. You maybe you have a good invention or you create a good service company. You know, you’re great at making widgets and develop a factory and a business.
00:04:22:12 – 00:04:44:24
Aaron Fragnito
Over time, you put your blood, sweat and tears in for 30, 40, 50 years and and in time have a mass amount of wealth. Create, especially when you sell that business and have a liquidity event, you know, and then it’s, often handed down to heirs who didn’t have that experience creating wealth and, and really sometimes have less experience in preserving and managing wealth.
00:04:44:24 – 00:05:08:11
Aaron Fragnito
So, you know, your service is is really invaluable in a lot of ways, especially for the differences that, you know, ultra wealthy families can make in our in our communities with, giving and nonprofits and philanthropy. So it’s really a beautiful thing. But what are some of the most, like top, maybe top three mistakes that you see people making in the in the ultra wealthy space?
00:05:08:13 – 00:05:30:03
Homer Smith
Yeah, it’s a great question. And that’s that question really is why we wrote the book. And it’s a book called Making Smart Decisions. It’s not really available out there in the world. It is really written for ultra high net worth families and and not really for mass audiences. So happy, you know, to your audience, we can get a copy to anybody, that that wants to, to to hear it.
00:05:30:03 – 00:05:49:20
Homer Smith
But part of the, the motivation for writing the book was to pull the curtain back a little bit in our industry, to help our families and interested families recognize, you know, where are they missing? You know, some of the, the the advice and guidance they should be getting. What questions should they be asking, to their team to make sure that they’re not missing any of that.
00:05:49:20 – 00:06:16:00
Homer Smith
So I think in a few of the areas that we most often see, you know, the most significant gaps are around tax planning. And so again, you have a good CPA, you have a good attorney, you might even have good wealth managers around the investments. But how often are they really talking, working together and strategizing and finding every potential opportunity that might be out there that could make a meaningful difference around their, their tax situation?
00:06:16:02 – 00:06:32:21
Homer Smith
Ups real estate investors, that you work with quite a bit. There’s a lot of tax advantages to real estate. Just in terms of the tax code depreciation. So, you know, as you build a large real estate portfolio and keep growing it, you know, there’s ways to mitigate defer out income taxes for a very long time.
00:06:32:23 – 00:06:51:13
Homer Smith
But not every, wealthy family is focused on real estate and developing real estate, buying real estate. You know, they’re in the operating business, or they’ve got to the point where they’re running out of those deductions, and all of a sudden they are starting to realize more income. There’s a lot of things right down the middle of the code if they just knew about them.
00:06:51:15 – 00:07:08:19
Homer Smith
And I’d say the same thing on estate planning. You know, there’s, you know, probably some relief coming that we’re not going to see the drop in estate tax exemptions, you know, down to the pre, you know, 2017 levels or likely to see some level of an extension, whether short term or long term or not. So, you know, fewer families are subject to estate taxes.
00:07:08:19 – 00:07:31:02
Homer Smith
But those that are especially in real estate and private businesses where there’s not as much liquidity, there’s the fear impacts if something unexpected happens and all of a sudden estate taxes are due at nine months after the death and families scramble to sell real estate or sell businesses, and they just don’t know what options are available to make sure they can limit those types of risks.
00:07:31:02 – 00:07:58:11
Homer Smith
So again, a lot of estate planning issues on the investment side. You know, we always find opportunities. However, I would say in that world most wealth managers have access to, you know, a lot of the same, products and investment, solutions. Again, I’d say the difference is back to the tax planning side around their investment portfolio is they’re not getting a lot of great advice around how to mitigate the taxes on their investment portfolio.
00:07:58:13 – 00:08:23:14
Homer Smith
And they’re losing 20, 30% a year to to a tax drag, which when you add that up and you look at the compounding on that year over year over year, it’s it’s extremely meaningful. So our role really is to look at everything as a whole, make sure nothing is really being missed, make sure our clients are aware of all of the options, acting like effectively a personal CFO to them, where they’re still the CEO of their financial empire, they’re going to make the final call.
00:08:23:18 – 00:08:37:12
Homer Smith
And based on the success that we’ve seen them already create, we know they can make good decisions. It’s more about do they have the right information in front of them to feel confident in making that decision? That’s really our role is to make sure, you know they have all the right information out there.
00:08:37:13 – 00:08:59:07
Aaron Fragnito
Yeah. Yeah, exactly, exactly. And that’s one of the things I do love about real estate. It’s all the tax benefits, you know, if managed properly. But as you start to be successful in the space and exit buildings at certain times, you know, then yeah, there are, there are tax, ramifications for that. We like to try to do a lazy 1031 where some will sell a building.
00:08:59:12 – 00:09:15:13
Aaron Fragnito
I think we’re talking about that. And then, do a cost segregation study on in the next building and collect accelerate as much bonus depreciation as you can, to write off the gain on the previous sales on as you do on the same calendar year. It works pretty, pretty well.
00:09:15:15 – 00:09:18:15
Homer Smith
Yeah. So I love that. I love that concept that you brought up that was, yeah.
00:09:18:16 – 00:09:42:01
Aaron Fragnito
Had a lazy 1031. And I mean, you also have a regular 1031, which is very attractive to, you know, but that that has a little more, challenges and restrictions to it. But, but that’s good. That’s interesting. And then, you know, let’s, let’s pivot for a second here. And, if you can put a little insight into it, I think, you know, a lot of people that follow the Passive Cash Flow podcast work in the Wealth management space.
00:09:42:01 – 00:10:05:02
Aaron Fragnito
They’re CPAs, other real estate syndicators. And, you know, the ultra high net worth space is something that a lot of professional tools are working to break into and get more traction in. So how were you able to, you know, obtain a solid client base and start really breaking into a space that a lot of professionals desire to be in?
00:10:05:04 – 00:10:21:01
Homer Smith
Yeah, it’s a great question, and I get that a lot now from other wealth managers that I speak to and work with in different mastermind groups. And I think every advisor, if you ask them, you know, hey, are you wanting to move up market? Would you prefer to have larger and larger clients? I mean, everybody would say yes and everybody is.
00:10:21:03 – 00:10:38:10
Homer Smith
You’re trying to gain knowledge and experience and to be able to justify that they can actually deliver value in that space. And and a lot of it is just time. You know, I’ve been in the business now over, you know, over 20 years, almost 25 years. Just crazy. Started my career. My first week as an advisor was a week of nine, 11.
00:10:38:12 – 00:10:59:19
Homer Smith
Right. Wow. And, you know, then went into corporate management for a period of my career, right as we went into the 2008 global financial crisis. And then I ultimately went to the fully independent aerospace, like, right before Covid hit. So what I will start by saying is, if I ever I’m going to make another big career move, probably means the market’s about ready to, to to crash.
00:10:59:19 – 00:11:02:09
Homer Smith
So just keep that in mind,
00:11:02:11 – 00:11:10:18
Aaron Fragnito
All of Homer’s career to, to play the markets properly. Okay. Got it. And, you’re like Nancy Pelosi, the. Are they all right? Okay.
00:11:10:20 – 00:11:14:00
Homer Smith
I wish I realized that sooner. I could have made some better some better bets around. Yeah, sure.
00:11:14:01 – 00:11:15:19
Aaron Fragnito
I just do whatever she does.
00:11:15:21 – 00:11:33:14
Homer Smith
Yeah. But one thing I realized when I left the corporate world about 15 years ago, I went back into just my personal practice. I started working with a CPA firm and helping them build out some more wealth management, for their individual clients and what I realized very quickly is that business owners were their very best clients.
00:11:33:16 – 00:11:57:21
Homer Smith
As I did more research on, like, demographics. And when you recognize, okay, for those families worth 25 million or more in net worth, 95% of them were business owners and included real estate, real estate. Obviously, if you’re managing a real estate portfolio, that’s your business. And so, you know, it became very clear, okay, if that’s where all the wealth is, I need to figure out how to add value to business owners.
00:11:57:21 – 00:12:18:09
Homer Smith
And at the top, really, I didn’t have a lot of that experience, that knowledge. I was, you know, and the investing space, great general financial planning, retirement planning, cash flow planning. But all the complexities and intricacies that come with business owners, it was more foreign. And so I just went to school, went to multiple, groups that did pre-sale, like growth planning for businesses.
00:12:18:09 – 00:12:39:07
Homer Smith
I did, exit planning course and figured out, okay, what are all the tax estate planning, personal planning ramifications around selling a business and just started building my own knowledge. I also then bought seven businesses myself within our industry, so I was in the buy side. Over the course of two years, we bought seven businesses. Built up a very, very large group.
00:12:39:07 – 00:13:01:01
Homer Smith
I was running our own PNL. I was, you know, now a very successful, you know, larger business owner realized I didn’t like running a large business of other advisors. It’s like herding cats. And so decided to basically sell all that off. So now is on the sell side of seven different businesses again. So I bought seven, sold seven, all within about a four year period.
00:13:01:03 – 00:13:15:07
Homer Smith
So, you know, I got firsthand experience of what it’s like to be on the buy side where you’re trying to negotiate for the lowest risk, best deal you can create, and then go to the sell side where you’re trying to tell the story of how amazing those businesses that we created and why you think top dollar for it.
00:13:15:07 – 00:13:33:22
Homer Smith
Right? So I’ve gotten to be on both sides. So through that experience and my own buying and selling, going to school and how to work with business owners, then it just became something that I just started saying, right. And and so that’s part of it. And sometimes it’s people risk or there’s risk in and going too narrow in your approach to, to getting new clients.
00:13:33:24 – 00:14:03:21
Homer Smith
And it was something I fear, like, hey, if I just say I’m working almost exclusively business owners, right? Is that kind of then limit like, hey, there’s lots of clients out there that aren’t business owners that have reasonable wealth, and am I going to turn those off? And the answer is it doesn’t work that way. But but I really being clear on who you work with, all those other professionals, the CPAs, the attorneys, they then, oh, if that’s your specialty, then for that particular client, I’m going to send those ones to you because it’s really clear who you work with, where most of the time, an advisor comes in to talk to a CPA or
00:14:03:21 – 00:14:25:03
Homer Smith
attorney. They’re not trying to limit the referral opportunities, are trying to expand, and so they can work with anybody. And that that makes it hard for them to tell the difference. Because we’re all pretty good storytellers. We’re all pretty good at telling how, you know, good. Our our client service model is our investment philosophy is they’ll walk out that door, that CPA, that attorney, be like, well, the this that’s amazing.
00:14:25:03 – 00:14:45:08
Homer Smith
They sound great, but they sound like the other three I just met with in the last few weeks as well. And so I’ll send them one here or there, but there’s no clear path to, to getting the right clients that they want. So I just started just really focusing on saying, I work with successful families and business owners that are going through these meaningful, important and complex transitions around a business transaction.
00:14:45:08 – 00:14:57:07
Homer Smith
And that just has led to getting more and more of those opportunities. And and so that’s one thing I would say is just, you know, if you’re a professional out there looking to move into that space, just be really, really clear on on the type of client you’re you’re looking to work with.
00:14:57:09 – 00:15:20:07
Aaron Fragnito
At People’s Capital Group, we help you invest in real estate, build your wealth by owning professionally managed apartment buildings in the northern new Jersey market. We want to show you how owning real estate is attainable, even for the busy professionals that don’t have the time or experience investing in real estate. Now, we only work with select people who are serious about building wealth.
00:15:20:11 – 00:15:50:10
Aaron Fragnito
So find out if you qualify at People’s Capital group.com. Yeah, absolutely. And that’s it. You know stay focused on One Direction. You know I I’ve met a lot of business owners and entrepreneurs or wannabe entrepreneurs that they’re they’re not focused. They’re all and I’ve been so guilty of this myself. You know I mean I think the biggest mistake I’ve made over the last 11 years as a business owner is not staying on track with One Direction.
00:15:50:12 – 00:16:10:14
Aaron Fragnito
You know, when my business partner, Seth Martinez, and I sat down at a coffee shop in Hoboken, new Jersey, I could still remember it to the place today. And, we, we said our business plan to start drafting our business plan for People’s Capital Group. This is 2013. We wanted to get 1000 units over three years. That was our goal.
00:16:10:16 – 00:16:29:13
Aaron Fragnito
Now, we didn’t really know how we were going to get there. But, you know, that was our plan. And, we got off track, you know, we bought a 25 unit and then went out to raise more money and realized we kind of had, you know, exhausted the friends and family route. And we’re like, oh, shoot, we need to, like, really learn how to raise capital.
00:16:29:13 – 00:16:47:05
Aaron Fragnito
We need like, marketing dollars. We need to really understand the space and like, get better at underwriting property management, you know, and get real infrastructure in place before we can raise capital on a large scale. Now, I if I had known then what I know now, man, the real estate prices. Oh forget it. What a great market.
00:16:47:05 – 00:17:04:12
Aaron Fragnito
Interest rates. Yeah. Nominal prices were low. It was like gold mine if I, if I really but anyway, you know, we, we kind of lost track a little bit. We got into fixing flipping houses a lot because we knew how to fix and flip houses, and we needed quick cash into the company also. And we did fine with that.
00:17:04:12 – 00:17:20:16
Aaron Fragnito
We made some mistakes here and there. But, you know, we also did a lot of wholesaling. We would go to sheriff’s sale auctions and scoop up two deals a week and, flip the paper, you know, flip the contract for, a 30% premium because the market was ripe for that. So we made hay while the sun shine, and it got me to where I am today.
00:17:20:16 – 00:17:39:24
Aaron Fragnito
But, you know, you could argue if we had really just doubled down on that model, really learned how to raise capital, really developed, the business, property management company sooner and just, focused on that one model. Perhaps we be, you know, in a great, much larger wealth level today. You know, but things have for a reason.
00:17:39:24 – 00:17:51:10
Aaron Fragnito
We had to learn the market. We had to make our mistake. Kind of like our wounds, you know, and, and, and, you know, we’ve done 300 deals here, you know, so that’s that’s helped us learn the market, too. And developed management company. But, that’s it.
00:17:51:10 – 00:18:05:22
Homer Smith
No, no regrets. But man, yeah, I think I sometimes I look at it the same way of like, oh, I just figured this out five, ten years sooner. What, what what this might be. But then I very, very quickly move on and, Yeah. So on to your point. Like, hey, what’s the next target? Where are we going?
00:18:05:22 – 00:18:10:02
Homer Smith
What are we trying to accomplish? And, and really building the culture of the team around that. So.
00:18:10:07 – 00:18:27:22
Aaron Fragnito
Right, right. And then takes time, you know, especially when you’re raising capital, you know, it’s you have to have a track record. You you have to have experience. And we just didn’t at the time getting started, you know, brand new. So we needed to kind of go out there and and get deals done and, and move maybe a little slower than 1000 in 3 years.
00:18:27:24 – 00:18:32:05
Aaron Fragnito
So also it’s kind of more about like AUM here than the unit count. But anyway.
00:18:32:07 – 00:18:33:11
Homer Smith
00:18:33:13 – 00:18:52:07
Aaron Fragnito
So, you know, definitely. But I mean, people, these networking events, you know, we have real estate networking events. We do one in January in Jersey city, we do one in June, and in Somerset, new Jersey. And we have about 5000 members in our networking group called new Jersey Real Estate Network. And you know what? I do find a lot of people getting into this industry, don’t have a plan.
00:18:52:07 – 00:19:10:16
Aaron Fragnito
You know, they say, well, I’m going to do everything or I, you know, and I’m like, what’s your what’s your target market? What’s your target deal? How exactly are you going to do, you know, and if they can’t answer those questions, my advice is always narrow down your business plan. Create a business plan. Have it be very specific, you know and then you can execute in this business.
00:19:10:16 – 00:19:29:11
Aaron Fragnito
But you have to know exactly what you want. Go out there and executed. Every good entrepreneur knows how to pivot. You know, markets change interest rates, things like that. But you don’t want to be pivoting every two months into this or that, you know? So it’s you really have to stay focused in one general direction. Yes. Yeah.
00:19:29:13 – 00:19:46:15
Homer Smith
Yeah. That’s and that’s I think that’s very similar to how we approach when we start working with a client. And you know, rather than trying to tell them how they should be doing things, we spend most of that first couple of meetings is related. What do they really want. What are the outcomes that they want to achieve.
00:19:46:20 – 00:20:02:10
Homer Smith
Yeah. And then, you know, helping them stress test their current overall situation is okay. Is it how you’ve set things up? Is that actually going to get you what you want. How do you actually looked at it and mapped it out over the course of multiple years to see, okay, if I keep doing this, is that going to lead to the outcomes?
00:20:02:10 – 00:20:25:00
Homer Smith
And that’s where we often find those gaps. Those opportunities is you know, you know, we always ask them, you know, about their estate plan. Oh yeah I updated my estate plan a couple of years ago. And like, okay, what do you want to have happen when you passed away? I want these things to happen. Well, then go read their estate plan and like, okay, do you realize that the way your actual plan is written is you’re not going to get anywhere close to the outcome that you wanted, and it will help them think through there?
00:20:25:02 – 00:20:49:06
Homer Smith
I think we love real estate. You know, unlike most wealth managers, we do a lot of work with with real estate only families where we’re helping them think through against some of the bigger picture planning aspects and not so much on the investment world specifically, but we always still will help them think through and and stress test their, their portfolio and say, okay, if your top two assets, that you have in your portfolio went down 50% in value, what does that do to your portfolio?
00:20:49:11 – 00:20:49:24
Aaron Fragnito
Yeah.
00:20:50:01 – 00:21:07:03
Homer Smith
I do like what’s your what’s your margin? You know, sitting at what your, you know, your debt levels is there. What if it’s 30% across the board to your entire portfolio and nobody tends to do that, right? Everyone, you know, real estate doesn’t tend to go down like that. Even investments don’t tend to go down like that very often.
00:21:07:05 – 00:21:26:20
Homer Smith
So it’s very easy to be very complacent. But then when those events come the 2008 nines and then more like in the nines, 10/11 for real estate, you know, some people get caught off guard, right? You know, they’re having to start all over again. And yes, you know, most of our clients are entrepreneurs. Yes, they can start over again and rebuild it.
00:21:26:22 – 00:21:39:21
Homer Smith
Hopefully our goal is like, hey, if we stress test this correctly, there’s probably some things we can do put in place to mitigate lessen that risk. So the next time one of these major events comes around, you’re not having to rebuild and start all over again.
00:21:39:23 – 00:21:59:08
Aaron Fragnito
Yeah. Yeah. Exactly. Again, back to my original point. Just follow whatever Nancy Pelosi does. If she’s selling portfolio, man, you should be exiting the market. So I always listen to this podcast that there’s this, app you can download now that basically will tell you whenever she buys or sells a stock. So you can just follow.
00:21:59:11 – 00:22:02:14
Homer Smith
Yeah, I think there’s a group called like Unusual Whales or something like that. Yeah.
00:22:02:14 – 00:22:02:23
Aaron Fragnito
Yeah, yeah.
00:22:02:23 – 00:22:05:21
Homer Smith
And these it’s all of the politicians in their portfolios.
00:22:05:22 – 00:22:25:01
Aaron Fragnito
Right, right. Yeah. You can follow the politicians. Yeah I see they’re doing so corrupt. That’s awesome man. Oh, no. Definitely. I glad to have you on here, Homer. You’re a wealth of information, obviously very experienced in your space. You look younger than you probably are, so I won’t ask your age. Okay? We’ll just say we. You’re, like late 30s.
00:22:25:01 – 00:22:26:12
Aaron Fragnito
Okay? We’ll say late 30s. How’s that.
00:22:26:12 – 00:22:29:19
Homer Smith
For sure? Yeah, 40. But, yeah, somewhere in.
00:22:29:21 – 00:22:30:02
Aaron Fragnito
I’m.
00:22:30:03 – 00:22:31:00
Homer Smith
Gonna be around for a while.
00:22:31:00 – 00:22:37:18
Aaron Fragnito
Yeah. You got good. You just getting started? That’s good to hear. How can people, get in touch to learn more about your services there?
00:22:37:20 – 00:22:56:17
Homer Smith
Yeah. Best place. Our website, convergent wild.com. It’s going to walk you through all the, the planning areas we focus on. And, you know, we we have lots of, content, white papers, as we, you can build our, knowledge and we want to share it. So you all the work that we do is extremely complex.
00:22:56:17 – 00:23:13:10
Homer Smith
Our goal is also to share as much information out there to anybody, as we possibly can. So a lot of good information just on our website. And then. Yeah, if you’re, if you’re interested in kind of doing a stress test or looking at an overall family office review, we’re happy to to to start a conversation and see if that makes sense.
00:23:13:12 – 00:23:15:21
Aaron Fragnito
Awesome, excellent. And what’s that website one more time.
00:23:15:24 – 00:23:31:21
Homer Smith
It’s, convergent where the k co and the urgent convergent wealth.com. When I started my company, the C conversion was already taken. So, to that, can make a little bit different little stand out a little bit. Yeah. The k so yeah. Convergent wealth.com.
00:23:31:23 – 00:23:57:21
Aaron Fragnito
Or the K got it all right. Excellent. And to our listeners out there with the Passive Cash Flow podcast, if you’re enjoying our content, please be sure to like and subscribe on YouTube. There any of the major platforms you listen to and share this with a friend if you think they’d find value from it. We, come up with a new episode every single month here, and as you see, we have wealth managers, real estate investors, and other professionals in the, investment, industry throughout.
00:23:57:21 – 00:24:10:05
Aaron Fragnito
So, be sure to check us out all major, podcast platforms and share this. Someone that’s like looking to preserve and grow their wealth as well. Thanks a lot, my friends. Enjoy your day. I’m Erin with the Passive Cash Flow podcast. Go on.
