[00:00:00] Voice Over: Welcome to Private Banking Strategies podcast with Vance lo and Seth hits your secret weapon to protect your assets and never have to start over financially again. Vance and Seth help, high net worth individuals, families, business owners, and investors structure, an asset protected, Tax-free fortress for their families, learn how to keep what you are and use the velocity of money to create your own private banking system.
Join us on this journey as we explore the secret strategies of the rich and political elite in helping take total control of your financial security, now onto the show.
[00:00:40] Aric Johnson: Hello and welcome to Private Banking Strategies with Vance Lowe and Seth Hicks, Vance. How are you?
[00:00:46] Vance Lowe: I’m fantastic. Great to be alive today.
[00:00:50] Aric Johnson: Yes, absolutely. As is every day, at least verbally. We can say that Seth, I am coming to you next. I want to, first of all, hello. [00:01:00]
[00:01:00] Seth Hicks: During great Eric. Thanks. Thanks for having us.
Oh, well,
[00:01:03] Aric Johnson: thanks for having me. This is a, this is quite a journey I’ve been on learning an incredible amount from you guys. Um, and I, I know that this podcast actually piggybacks off the last one. And so I’d love for you to give a, just kind of a brief recap of what we spoke about on the last podcast, in case somebody’s joining us for the first time.
Uh, and, and they’re going to hear this one
[00:01:22] Seth Hicks: Sure. Our, our focus on, uh, episodes 25 and 26, Eric are on the asset protection pillar of the private banking strategies. We’ve got seven pillars. Asset protection is number one, and we’re focused on the asset protection of your cash. Yeah, asset protection of your real estate and business assets.
And we discussed the problem in episode 25 of an 800 pound gorilla, uh, you know, running loose, uh, with arms of taxation and confiscation. And we talked through what bell ends are, what the Dodd-Frank act allows centralized banks to do. [00:02:00] We post some questions that hopefully, uh, red pill, uh, the, the listener, uh, into, uh, an epiphany of.
The, the, the truth that your deposits are not safe in centralized banks, despite FDI insurance, and despite other promises of the government to, to protect you. And we talked about how, uh, your centralized banks are effectively agents of the government, and they’re not acting in your best interest. And then we just started to lay seed about how the.
There are other options for you and they’re quite simple. And those asset protection, uh, alternatives are what we’re going to discuss.
[00:02:40] Aric Johnson: Yeah. And I want to jump in right there because what you just said, I think that if somebody is joining us for the very first time, they could say, oh man, this is all conspiracy theory.
One thing that Seth did on the last podcast, and I want to make this very clear is that he had some of those questions about the topics that he just covered and said, Google [00:03:00] this, look it up for yourself. Do a little bit of research On your own. Don’t take my word for it. Go look at these things. The problem is is that these things are factual.
And I think that, uh, Vance, you’re the one that said it best that a lot of times we get ostrich syndrome, if that’s how you put it. Um, and think, well, that could never happen. And we stick our heads in the sand, but there’s proof about these things that have happened in the past. And it’s not as though they couldn’t be repeated.
Laws were put in place that will actually enable it to happen easier. And so don’t think it’s just a conspiracy because it’s not look it up for yourself. Verify what Seth and vans are telling you. Um, I have, and it doesn’t make me happy guys. I don’t know how else to say that. It it’s frustrating.
[00:03:45] Seth Hicks: Well, I, and now in the last show, I mentioned the fact that I had a friend who told me that our own government through executive order had confiscated gold and FDR his term. I told him he was crazy, never happened. And I looked [00:04:00] it up and was, had egg all over my face because it did happen. And it was punishable by jail time.
If you didn’t turn in your goal, that $20 ascribe value. And that was one of the things that led me down a pathway and a rabbit hole to be more scrupulous and the things I’d been brainwashed to believe one of those being. My local bank was my friend and was there for my protection and that my money was safe.
And that local bank.
[00:04:33] Aric Johnson: All right. So where do we start today?
[00:04:35] Seth Hicks: Here’s the question that we’re, that we’re asking, if, if, if there’s been this massive influx $17.4 trillion in cash stored in centralized banks, why is it there? If people were aware of Of the, uh, the lack of safety and the lack of real security in that this, because they don’t know of another [00:05:00] alternative, well, private banking strategies is a better option.
And if you’re listening for the first time or you’re unaware of what private banking strategies is, let’s just start with that question. What, what is it? It’s a completely. Private way to store cash and what we like to call an asset protected vault it’s safe and guaranteed. There’s no risk of loss.
There’s no counterparty risk. There’s no market risk. There’s no, uh, disclosure, it’s a completely private means with no government reporting. Completely unlike centralized banks as we’ve discussed. And here’s a real kicker, uh, and real value of it that the IRS through the internal revenue code, 7702 has said that this structure is completely, uh, hands off.
There is no taxable event with your money, put into this vault [00:06:00] or taken out of this vault. And all of it grows and compounds annually year after year without any, uh, IRS involvement whatsoever. And that’s by their own, uh, rules and regulations. And that’s one of the likes of John F. Kennedy, Ray crock, Walt Disney, and many other entrepreneurs.
Ultra high net worth people have taken advantage of this. In fact, uh, most politicians and legislators they’re aware of this and they use this. In fact, your centralized banks use this tool to the tune of 15, 20, 2 5 million, a billion I’m sorry, billion with a B dollars and, and. Assets and their own private banking, vaults, uh, and those are all reportable that they, they disclosed.
So you can look those things up, how much money Wells Fargo has in it’s life insurance assets. So we’re talking about private banking structure [00:07:00] and strategies, uh, that the ultra rich and that these banking institutions have used themselves for over a hundred years. So.
[00:07:12] Vance Lowe: Yeah, I just want to step in here and talk about, uh, because we didn’t in the last show that America changed when the federal reserve took control back in the early 19 hundreds.
And one of the main facets, main reasons that America was so powerful is because they were so. Independent all the way down to the family unit, the pioneers, uh, the, you know, the home structures, everything, every family had to exist pretty much on its own. The banking was totally different than it is today.
It was derived from life insurance. Companies who [00:08:00] came into existence to, take care of that function that people required. And that slowly was eradicated out of the United States when the federal reserve took over to the point that they were so successful in doing that, that our monetary system, how money works, how money grows.
It was completely eliminated out of virtually all of our research. It’s very, very hard to find out how money works. So what we’re talking about and the private banking strategy as a protective vault is not new, is it’s virtually as old or older than our country. And it’s tried true, um, strategies and systems.
If we put together these still [00:09:00] existing contracts with the, with these insurance carriers, it’s not about buying life insurance. It’s about constructing the perfect private banking contract. Is it life insurance contract? Yes. Will it come with some death benefit? Yes. But an absolute minimum. There are a few rules we have to follow because government did try to step in at one point, uh, and try to take a little bit of control because the strategy was starting to come back.
Back in the early seventies. And they put in a few rules and regulations that they thought would, confuse people, which it did. And they would stop doing, uh, as a majority, uh, these, these type of contract. So what Seth was telling you earlier? Is [00:10:00] that one of the places you can go to look for security in today’s environment is where do the banks put their money, their safe money?
And they put it in these exact contracts with life insurance carriers, banks are the number one clients of life insurance care carriers. So I thought I’d share that with you.
[00:10:26] Seth Hicks: You’ve got cash sitting in the bank and you want to protect yourself and your family from a bail ins. From unnecessary reporting or being labeled terrorists.
You want financial privacy, um, and you want to pay as little tax as legally possible. Well then private banking strategies is something that you should explore. Um, if you’re intent on keeping your financial affairs, offline and private, uh, then it it’s something you need to take a hard look at. I think people.
[00:11:00] Often come to us, Eric, because they were referred by a family member or friend who feels like they’ve discovered the holy grail for protecting their cash and their assets. And they they’re, they’re enthusiastic. And they want to understand all of the aspects of what private banking strategies is and does.
And that’s why we’ve created this Robust asset platform and content platform so that people can, can really dig in topic after topic and they can really analyze these things and they can go do their own research and they can hear, uh, from various. Uh, people in the industry to determine, Hey, they vet these things, but I think that, you know, when they, they really get down to brass tacks and they’re seeing things shape up in our current culture and economy, they’re going to find that there’s really no better way to protect their cash assets than in the private vault that I’m describing.
And one of the things that we liked to offer are our [00:12:00] prospects who, uh, come to us, looking for information as a, as a red pill book, I like to call it and you can find that on our website. And I’ll tell you more at the end of the show, uh, exactly where that is and how to go. But you can find this book and where you can download it in written form or listened to it.
And it highlights some of the same issues in more detail, what Vance and I are describing on this podcast and an episode 25. Um, our clients, what we hear them saying to Sarah over and over again is they they’re able to rest securely. They’re able to have peace of mind knowing that their, their affairs are financially private, that their, their cash is liquid and accessible.
They can use it, they can put it to work, but at the same time, it’s, it’s totally beyond the. Dodd-Frank confiscation. It’s totally beyond reporting of centralized banks and they’ve got the financial security [00:13:00] and, and this structure that their plan never goes backwards. They’re not going to lose money.
Like if it’s in stocks and bonds. And I we’ve talked about this before, we’re in the longest bull run in history and this in the stock market, longest bull run in history and the real estate market. Sorry, everything cycles, every market cycles, whether it’s real estate or stocks, every thing, uh, cycles up and down.
And so this is something that’s outside of that. It never goes backwards. It never retraces, it never corrects. It’s always a steady progress. And so that’s, that’s the things that we hear our clients echoing and, and the value and benefits of private banking strategy.
[00:13:49] Aric Johnson: Yeah, absolutely. And one thing that we spoke about on the last podcast was when we were talking about taxes and how people complain that the rich don’t do their share, they don’t pay their fair share.
And that’s all in the last podcast, [00:14:00] but it’s, it’s the bottom line is. Most people don’t have access to the quote-unquote loopholes and things that the wealthy do when it comes to taxes. But this is something that you, I mean, you mentioned Ray crock, you mentioned, you’ve mentioned many, many famous people that use this strategy or have used this strategy in the past.
And this is an out of reach for a lot of people. I mean, this, this is something that people can do with way less money than they think
[00:14:28] Vance Lowe: Eric. That is so true. That is a correct observation on your part, right there. Anybody, every single person, no matter what financial condition they’re in, can set up their own economic situation and improve and, you know, actually see improvement every single month with this strategy.
Um, and. Regain the hope and the faith that we have to have in order to succeed. [00:15:00] One of the things I think in life, uh, with free nations versus, uh, Unfree nations is the hope inside of the, you know, the average individual, whether they can succeed in America. It has always been that I’m in the land of opportunity.
And if I so choose, I can achieve anything. I want all our governments teaching us today. No, you have to share any of your, your success. If you decide to work extra hard. Um, that’s good, but you have to share that along the way, and that’s kind of hard to accept. Yeah. So, absolutely. This is the way that, that we don’t have to do that.
Uh, you also said something about taxs. That to the average person does not have access to a lot of the [00:16:00] tax sophistication. When in fact we do, and all it is is education. When we do this eight year analysis, when we bring people into the system, we introduce them to what decisions they have to make to be successful with money.
And along the way. What is so surprising because of the lack of understanding of how money works is that the majority of people choose not to do successful things. And it’s an actual physical, mental choice. I choose not to have a financial plan to follow. I choose to spend principle because I do not believe money has value.
And it’s its only purposes to use it one time. Well, that’s what the banks want us to do. Yeah. I it’s just, you know, the 10% rule, it goes back anxiously, you know, who’s the first person you’re supposed to [00:17:00] pay. When you bring money home, you’re supposed to pay yourself first and then put the money to work.
People don’t understand that we’re taught. When I put money to work. Oh, I guess I need to put it in an account and investment mutual funds or whatever. That’s not putting your money to work. You’re putting the money work for someone else. Not that other person on the average will double money. As often as on the average two and a half years, where how often do are our accounts double.
And it’s because we don’t understand how money works, where the value is, how to, how to multiply it, how to grow it. So that’s. What this is all about. We’re trying to, identify the problems so people don’t continue to do the wrong things. Um, so many of us, oh, well, I’ve got to earn more money, so [00:18:00] I’ll, I’ll work harder and they still don’t get ahead.
Or, you know, Oh, there’s all kinds of little, a little stories out there, but you can’t keep doing the wrong things and get a different result.
[00:18:19] Voice Over: do you see yourself in that story? Do you feel like you are generating a lot of revenue, but are not moving forward as fast as you would? Like? Are you ready for help please call Private Banking Strategies. You said 807 204 7 7 7. Or visit us@wwwdotprivatebankingstrategies.com.
[00:18:56] Seth Hicks: so it’s, it’s amazing how this strategy [00:19:00] works, whether you’re ultra wealthy, high net worth individual, or you’re a blue collar person, and we’ve done a couple of episodes, episode 10 and 11, which, uh, ha. Uh, twin sisters, one who implemented a, a saving strategy through a CD at the bank and the other through a private banking strategy.
And, uh, the one who implemented the private banking strategy came out far, far ahead. And if you want to see some actual numbers of, uh, a very small amount put into private banking, uh, asset every year, take a look at those episodes and it will really shock your mind, uh, to learn that the sister who implemented the private banking strategy had a million dollars in cash value at the end of,
Of her road and was able to take $50,000 out a year in retirement. And this was 30, 40 years ago. Uh, every year, while her sister used the CD method, ran out of money in five years. [00:20:00] And not to mention that she had a sizable death benefit that she left a tax-free to her heirs. And with, uh, like I said, no, no tax consequence whatsoever.
So this works for the ultra. Uh, net worth folks and the blue collar folks as well. And I’ll tell you advance his passion and his, um, real joyous to see folks who are, who come out, from, from the blue collar place into a real place of success. And we’ve got one such client who had relatively small policies on an annual basis and has parlayed that into multiple real estate investment, property ownerships, and just a real success story from implementing the private banking strategies.
And at the other end of the spectrum, we’ve got the high net worth and family owned business folks who are, uh, contributing high, high, high sums into their private banksand, and turning and moving their money. And, and making the system work, um, at the other end of the spectrum. So [00:21:00] it works from the, from the blue collar all the way to the top, Aric.
[00:21:03] Aric Johnson:Yeah. So don’t want to ask you a question about something that you mentioned earlier. You spoke about asset protection of real estate, and also you had mentioned business assets. How does that play in.
[00:21:14] Seth Hicks: Well, think of it like this. When you start to implement your own private banking strategies, you begin to think like a banker and in effect you, you do, you, you create your own private bank entity.
That’s a family owned banking entity, and that it begins to, uh, finance. Purchases finance business expansion, finance real estate acquisition, and you protect those loans in the same way that a Wells Fargo or Bank of America would protect its loan. So let’s look at real estate for a second. Um, if you go to.
Uh, to Wells Fargo and say, Hey, we, we wouldn’t need alone to purchase this, uh, property as our home. [00:22:00] And you have the financials to, to qualify for that loan. And the loan to value ratio is workout. Then they, they loan you the money. And you put down a deposit and then they file a lien against that property known as a mortgage or a deed of trust.
And you pay the loan back until it’s fully paid well with your own private banking, entity and structured. It’s the same thing. Private bank finances that home purchase or that investment property purchase or whatever form of real estate asset it is. And then as any reasonable and prudent lender would do they lane and securitize that transaction.
And so in effect, you’re keeping the same dollar in your own family economy. But your bank is a separate entity and it’s an arms length transaction, and it gets the money back on the money that it loans with interest, which is Vance has pointed out as is not taxable. [00:23:00] So is that a great deal or not? Yes, that was pretty fantastic.
[00:23:03] Vance Lowe: It really is.
[00:23:09] Seth Hicks: Now Vance you’ve you’ve, uh, put this strategy to work with real estate assets and private banking entities and putting it to work and with your children and your grandchildren. Um, tell us a little bit how your family banking, uh, system works.
[00:23:27] Vance Lowe: Well, at this point in time, uh, my kids, I have four children, 10 grandkids, and I’ve proud of them into, you know, we’ve got a family bank now wants you to use the family bank, to finance the things that you need because the money will come back to the bank for you to use over again.
Well, I left it at that and I made a mistake. And the first question they asked me, well, how much interest are you going to charge? And that’s better answered by saying [00:24:00] you’re going to own equity in the family bank. And would you like your earnings high or low? Aric If I asked you that, what would you say?
I’d like them highest possible, please. Hi, that’s the interest. That’s the interest. We’re going to charge above what needs to be maintained in the family bank, and that will a credit to your interest once they really understand that. That’s great. So we have implemented that, uh, south helped us, uh, on the asset side.
When we purchased this new home, we created, uh, of the documents and the trust necessary so that when our family bank bought this mortgage and set up a mortgage repayment, we sold that loan to a trust company. For a much higher value, and this is called [00:25:00] equity stripping. So recorded at the courthouse or wherever, you know, we record financial debt, uh, that people can see leans on almost twice as much as the home is worth.
Now we’re going to have to keep up with them because real estate keeps going up and maybe it might, uh, the value of the home might surpass, uh, what we have a lien on, but it showing a lien against our home by a more, you know, a lender, a financial institution. Okay. Because it shows that I’m way under water.
If I got involved in a lawsuit and they wanted to find out where my assets were, they would check that lien and see that there is no equity and pass that a particular property by now we can go into much greater detail, uh, on our website and other areas. That’s really not a part, but it’s just an example of how [00:26:00] private banking works.
[00:26:02] Seth Hicks: So your private bank acts, Eric, just like any other, uh third-party. Lender works. They record security instruments. They record due to trust mortgage that effectively make them a priority, paid a lien holder. And it’s the same thing. If you have a business and you have your say, you’ve got a startup or you need business expansion capital, and you’re a small business in America, a lot of folks go to the small business administration, the SBA and.
Go through a loan process and, and the SBA decides to loan them money. Well, the SBA liens those business assets. If you’re a restaurant they’re leaning all of your furniture and fixture and equipment, they’re learning your accounts receivables. They’re, they’re leaning the, the valuables in that business to make sure they get paid back.
Well, it’s the same thing with your own private bank [00:27:00] is that you, you can loan to any Third party or within your family or in an arm’s length transaction. And you simply create the same security instruments and the same business relationship that the SBA would create, or that Wells Fargo creates. And you make sure that that money that you’ve loaned out of your bank comes back to your bank plus interest.
So in effect, the borrower makes payments to the lender, according to an amortized payment schedule, just like. Uh, a borrower would on a home purchase or on a investment property purchase or on a business loan.
[00:27:39] Aric Johnson: So how does that get accomplished? And is that something that you help your clients do or is that taught to them?
Do they have to get an attorney that draws that up? How does
[00:27:47] Vance Lowe: that work? Exactly?
[00:27:50] Seth Hicks: What. Yeah, we help them. We help them structure that and accomplish that. Um, and for those of you who haven’t heard prior podcasts, I mean, I’m, [00:28:00] I’m a 25 year practicing attorney, uh, commercial transactions and, um, and help to structure.
These things for our clients when they want to implement private banking transactions and they want to loan money from their banks to acquire assets, acquire businesses, expand businesses, something that, that, that, uh, I helped them do. Now, you know, this is your, your, your, your bank really steps in the shoes of what a traditional bank, uh, typically does.
And for those folks, this is where it gets really easy because a lot of people have some form of debt, whether it’s a mortgage on their home, whether it’s mortgages on investment properties or a credit card debt, or a car automobile debts, your bank can be utilized. To effectively purchase the debt from that third party and keep the [00:29:00] dollars within your own family economy.
So you got, a $25,000 auto debt, and you’ve got a $25,000 loan that you can make from your private bank to purchase that, uh, auto debt from a third party lender. You began to make the, uh, Cash flow and the interest payments on that autodebt into your own private bank. So this works in, in small increments, Eric, whether we’re talking about minor credit card debt, or a little bit larger auto debt, or even larger home debt, or if we’re talking about a multi-million dollar business acquisition, it’s the same principle.
[00:29:41] Vance Lowe: Uh, let me also explain Eric that, uh, sometimes, as we explain this, it sounds confusing. It sounds complicated. Well, man, if I have four or five loans out there, you know, how am I tracking this? How am I doing that? I still run even with, [00:30:00] uh, the activities I’ve got today, five separate companies. All on the private banking strategy and with the little software that we teach people how to set up the loans and track, it does not even take 30 minutes a month to run this strategy for all five companies combined.
It’s it’s simple once it’s set up, but to learn it, it’s something. You know, it might be alien. Sometimes I call Josh, you’re going to speak a little marsh or something, you know, because people don’t understand because they have never heard or understood the flow of money. And that’s why we go through this.
And this is how we’re dissecting it through these podcasts.
[00:30:48] Aric Johnson: All right. Makes sense.
[00:30:51] Seth Hicks: So, if you want to protect your cash is where we started. Eric, you can do that and through your private bank, and it’s an, an asset protected vault, [00:31:00] fully liquid, you want to protect your real estate, you do it through your private bank and the transactions that we’ve, that we’ve seen.
Just discussed, same thing with the business and within this concept and the structure, you’re able to capture what we call the velocity of money. And we did an episode, uh, episode number four, called the velocity of money where we describe getting multiple touches on the same dollar and being able to capitalize your private.
With a dollar and pull that money out of your private bank and loan it in one of the various forms we just described. And then you’ve got cash flow and you’ve got receivables and you’ve got rental income that all come back through in the form of payments, back into your. Which include interest and you’ve got that money in your bank ready to use yet again for further business expansion or another real estate [00:32:00] acquisition, or another purchase of credit card debt or auto debt.
And there’s that cyclical Velocity of money and you’re getting internal rates of return that will blow your mind. And when you say, well, you got a 50 and 60% internal rate of return on some, just these basic transactions, people go no way. And then Vance will show you he’ll lay it out for you and demonstrate to you in a, in an eight year roadmap.
Exactly how that’s working.
[00:32:29] Aric Johnson: All right. Well, I know that we’re getting close to the end of our time together. Um, what do we need to finish up with this podcast?
[00:32:36] Seth Hicks: Well, if, if the light bulb is coming on for our listeners and the things that we’re describing are resonating with, with what we’ve said, then go to our website at privatebankingstrategies.com, and there you’ll have a contact, a.
Uh, form that pops up and give us your name and your email. And we’ll begin to email you content that [00:33:00] is informative on these very topics and the seven pillars of private banking strategies. And we also give our prospects, uh, a free book. We, we like to call it a red pill book and you can read that or listen to it.
And that’s available on our website there at privatebankingstrategies.com. And you can. Uh, began to dive into content that we’ve spent years putting together in the form of podcasts and blog posts and emails that really educate the, uh, the listener as to how this works. And if, if you’ve done that and these things are resonating with you.
We offer you a, uh, a free consultation, an exploratory call with Vance, where he kind of drills down on your particular goals and, and how it would work for you. And that’s how we, that’s how we jumped this process off, Eric.
[00:33:54] Aric Johnson: All right, well, Vances, I don’t want to leave this conversation without giving you the last one.
[00:33:57] Vance Lowe: It what’s so important if we’re not [00:34:00] happy with the results we received so far in life and working and everything else, something has to change. A change has to be made in order to get a different results. And we’re offering that change for people to learn and literally take in, you know, you can give a person a, a fish and feed them for a day or.
You can teach someone how to fish and feed them for a lifetime money is not what people think it is though. We think we know about money. It’s quite a bit different. And once we understand how money works and grows, we’ll never look back and the results will be far more to our favor than in any other process.
[00:34:45] Aric Johnson: Absolutely. Well, gentlemen, again, thank you so much for your time today. And of course the last thank you goes through the listening audience. Thank you so much for tuning in and listening to the private banking strategies podcast with Vance lowe and Seth Hicks. If you have not subscribed to the podcast yet, please click the [00:35:00] subscribe.
Now button below this way. When Vance and Seth come out with a new podcast, it’ll show up directly on your listening device. It makes it really easy to share these podcasts with your friends. Yeah. Again, thanks so much for listening today for everyone at private banking strategies, this is Eric Johnson reminding you to live your best day.
And we’ll see you next time.
[00:35:24] Voice Over: Did that story feel like it was about you? Do you feel you should be making more progress toward your financial goals? Do you feel stuck? Let us help you get unstuck. Are you ready to take action and get your own private bank, please call private banking strategies at eight one seven. 204 7, 7, 7. Or visit us@wwwdotprivatebankingstrategies.com.
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