[00:00:00] Intro: Welcome to Private Banking Strategies Podcast with Vance Low and Seth Hicks, 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 and asset protected tax-free fortress for their families.
[00:00:21] Intro: Learn how to keep what you earn 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 and help you take total control of your financial security now onto the show.
[00:00:40] Eric (Host): Hello and welcome to Private Banking Strategies with Vance Low and Seth Hicks. Today we’re gonna be kind of giving the, really just an overview of why people need to learn about private banking strategies and some of the pitfalls maybe that the, uh, members of our audience face on a daily basis, monthly basis, yearly basis, and some of the positive things that come out of [00:01:00] understanding and learning about private banking strategies and implementing them in your life, Vance and Seth.
[00:01:05] Eric (Host): I’m, I’m excited to get talking today.
[00:01:06] Vance Lowe: Well, we’re sure excited to be here and talk about, uh, our favorite topic.
[00:01:11] Eric (Host): Yeah, absolutely. So, I mean, the, the big question is why do people need to learn about private banking strategies? I know that you guys have more examples that we can cover in, in one podcast, but kind of gimme some of the, the, the big picture items.
[00:01:24] Eric (Host): What, what is so important about this strategy that people need to know about it?
[00:01:29] Vance Lowe: Well, Eric, we, uh, find that, uh, people kind of fall in maybe three different categories. One of the categories is you work for someone, you go to work every day. Mm-hmm. You may not like the environment, but you know, you’re, you’re earning a living, uh, you’re supporting your family or whatever else.
[00:01:47] Vance Lowe: And over and over again you think that, uh, you know, if I do this, I can get ahead, but never does it happen. The feeling of failure and frustration mm-hmm. Of not being where you want [00:02:00] to be at that time. You know, people take a look five years down the road, 10 years down the road, or 30 years into a career and had high hopes and dreams of, of achieving something and being somewhere only to, you know, fill that failure and that frustration.
[00:02:18] Eric (Host): Yeah. And that, and that’s a very real thing. I mean, in my own life, I’ve, I’ve gone a year, two years, couple years where just plugging along and all of a sudden I kind of wake up like, wait a second. Wow. That went way faster than I thought it did. And I didn’t get accomplished the things that I wanted to, or the things that I had set out, or even the, the goals that I had set at the beginning of the year when everybody’s, you know, making those, those New Year’s goals.
[00:02:42] Eric (Host): So I, I totally feel that and I understand that,
[00:02:45] Seth Hicks Esq.: Eric. We feel like many times we’ve got. Clients that they wake up and they realize that their retirement plan, so-called plan is. Completely insufficient. Their retirement is just around the [00:03:00] corner. Mm-hmm. And they haven’t accumulated enough wealth and assets to even maintain their lifestyle.
[00:03:06] Seth Hicks Esq.: They followed the herd mentality and they wake up completely disenchanted, hopeless, and despairing, realizing that there is no end to their work cycle if they want to continue to live their lifestyle. W what is that herd mentality? What do you mean by that?
[00:03:24] Vance Lowe: Well, Eric, the herd mentality is just kind of a classification that we put on the main body of Americans.
[00:03:32] Vance Lowe: We all seem to get herded down a path, and we could do a full podcast. We could probably do a series of podcasts and really have a lot of fun with the herd mentality. But in a nutshell, what we’re talking about here is we all follow what everybody else is doing. When in fact we’ve heard time and time again that successful, independent, successful people don’t do what everybody else does.
[00:03:59] Vance Lowe: [00:04:00] Mm-hmm. They not only don’t do the same things. They do Exactly. The opposites. We all hear that. We just don’t understand it. But herd mentality might involve, uh, checkpoints. We’re in the herd mentality if we’re doing like everyone else, IRAs, 4 0 1 Ks and those types of things. Using financial advisors, uh, turning the responsibility over them, uh, over to them to do the in investing and making all the decisions.
[00:04:33] Vance Lowe: To make them successful and that doesn’t work. It’s, uh, what does a herd usually end up, uh, ha Or have happened to ’em, you know, they get slaughtered slaughterhouse. Yeah. That’s kind of where that leads. Uh, however, however, there’s one thing that’s very enticing about the herd mentality. You may fail. But she’ll fail with company.
[00:04:59] Seth Hicks Esq.: [00:05:00] Mm-hmm. Yeah. Which is really not a solution.
[00:05:03] Eric (Host): Yeah, it’s true. Yeah. I mean, everybody’s getting bloody in that scenario is what I’m hearing. Uh, which is not good. And there’s even
[00:05:10] Seth Hicks Esq.: really, there’s really, really smart people that have come to us that are lawyers, doctors, even other financial, uh, advisors who wake up and realize that they have abdicated their responsibility and not.
[00:05:27] Seth Hicks Esq.: Really learned about investment, learned about money, learned about banking. Mm-hmm. And in a, in a brand new way. Uh, and that’s why we really encourage people to, to think through their retirement plans and show them that there’s a lot of thorns in those roses. They’re presented as roses. And that’s, and the government is always going to tax you.
[00:05:51] Seth Hicks Esq.: They’re always going to try to take as much as they can take. That’s what big government does, and private banking strategies helps [00:06:00] you to silo and vault your money into something that’s asset protected and untouchable.
[00:06:09] Eric (Host): Uh, and I was gonna say, Vance, you brought up 4 0 1 Ks IRAs as, as being part of that status quo, the herd mentality.
[00:06:18] Eric (Host): And, and Seth, you just said something that it’s. It’s kind of outta the box thinking, and I think that’s what everybody’s coming here for, coming to this podcast for is that if there’s something else, what is it?
[00:06:30] Vance Lowe: Well, let’s, let’s go into a little bit more clarification Sure. Of how we’re feeling in today’s world.
[00:06:38] Vance Lowe: How, you know, it is like a wake up, but it’s more realizing that, you know what? I work hard for my money. But I only get to use the dollar one time, and I watch it go away. It’s gone forever In order to replace that dollar, after I use it, I gotta go back to work and earn one. Mm-hmm. And then all of a sudden, we realize the [00:07:00] banks always get the money back and they get to use the money over and over again.
[00:07:05] Eric (Host): Okay. Okay.
[00:07:08] Vance Lowe: So we ask ourselves the question, you know, how do we either do the same thing or how do we make a dollar work more for us? How do we keep more control of our dollars? The successful group, you know, hey, you know, we’ve got a business, we’re succeeding really well, but Uncle Sam’s right there, right on the doorstep.
[00:07:30] Vance Lowe: Mm-hmm. You know, to either take control or to tax you to death. Yep. Always.
[00:07:36] Seth Hicks Esq.: And if it’s not Uncle Sam or inflation, there are lawsuits and creditors and unscrupulous thieves and identity, uh, sconces that put people’s money at risk as well. So there’s so many piranhas out there, Eric, that mm-hmm. Are swimming the shark infested waters.[00:08:00]
[00:08:00] Vance Lowe: Seth, tell ’em the story about the doctor, you know, client who got sued.
[00:08:04] Seth Hicks Esq.: So we, there, there was a surgeon who was a very wealthy surgeon into the, uh, eight figures of net worth, which is tens of millions. And, um, he had. Liability of insurance, malpractice insurance for the type of surgeries that he was performing.
[00:08:21] Seth Hicks Esq.: And it was a $10 million coverage, which he thought was sufficient. Well, he was sued for negligent surgery, which went wrong, very wrong for which he was responsible. And the lawsuit, uh, ended with a over $60 million verdict against him. Wow. So his insurance company ponied up their $10 million. Coverage, but the rest of the verdict, the 50 plus million was he was personally responsible for, and it completely wiped out his entire estate.
[00:08:58] Seth Hicks Esq.: It destroyed his family, [00:09:00] unfortunately, and was just a miserable situation for him and his family and for everyone concerned. Now, the contrast that with what a successful scenario would look like. The surgeon would’ve implemented private banking strategies, probably would’ve had more insurance coverage for his malpractice and, uh, negligent surgery that was performed.
[00:09:25] Seth Hicks Esq.: But nonetheless, the money, if he would have banked it in his vault through private banking strategies, would not have been attachable in litigation. So someone getting a judgment against him would have been inconsequential and the money in his vault. His private banking strategy vault would have been completely protected.
[00:09:48] Eric (Host): Okay. You’re, you’re saying money, but I’m, I’m assuming that you’re also meaning property in a state and things like that because it’s, it’s not just the cash that somebody would have on hand. And, and I don’t know if you could touch on future earnings [00:10:00] even, I don’t know how that would work, but let’s say that that doctor didn’t have the amount of coverage, same scenario.
[00:10:05] Eric (Host): So he is got 10 million of coverage. It’s a $60 million judgment insurance pays their 10, there’s 50 million on the hook someplace. How would private banking strategies, how would that help save his estate?
[00:10:17] Seth Hicks Esq.: Well, his estate. Was already set into the vault and we’re talking about a, a very carefully designed life insurance contract that has cash value.
[00:10:28] Seth Hicks Esq.: It’s supercharged for with cash value. Mm-hmm. To act as one’s bank. So as he is funding his bank and buying premiums, using that money in his system for. Business expansion, investment or otherwise, the, the assets within his private bank are protected through structure. So the structure is, is one that’s proprietary that we set up.
[00:10:55] Seth Hicks Esq.: And in many states, the legislatures have enacted laws, [00:11:00] which. Protect life insurance contracts and other forms of life insurance product, and sometimes annuities, sometimes other, uh, types of investment. Vehicles. And so for example, in Texas, the Texas Insurance Code Section 1158, it identifies specifically what is asset protected and not available for creditors.
[00:11:25] Seth Hicks Esq.: So if this doctor had his policies in place before he conducted the negligence surgery, and he’s been operating through the private banking strategies forum. And working those principles, it predates the lawsuit and therefore it is exempt from creditors. Now, contrast that with trying to set up your private banking strategy and enter into life insurance contracts after the, that he performed the negligent surgery, and that’s a different scenario.
[00:11:54] Seth Hicks Esq.: Mm-hmm. That’s why it’s important for people to implement these strategies now before they have a [00:12:00] problem or before they’re sued or before they’re being, their identity’s being stolen. Yeah, absolutely.
[00:12:06] Vance Lowe: So let me, let me talk to us for a, a few minutes about what life would look like if all these hassles, all these problems disappeared.
[00:12:17] Vance Lowe: Okay. So picture a life. When you bring home a dollar, you get to use it over and over again, just like the banks are doing now. Knowing that every time you use that dollar, you’re gonna get a, a new dollar’s worth of service or, or, or value every time, just like the banks. You know, you can pitch your life where your wealth is going to increase every single day.
[00:12:48] Vance Lowe: It’s a little different than out there today. Mm-hmm. Most Americans are not better off day by day. As a matter of fact, the majority of Americans are going the other way, direction, uh, their, [00:13:00] their debt is increasing, their wealth is decreasing. Mm-hmm. We want to be able to show, and you know, if you, if if life, if you knew life was getting better every single day, picture that, how would that make you feel?
[00:13:17] Vance Lowe: Would that give you more security? Would that allow you more time to do the things that you want to do? You know, there’s just a million things. That can happen if all of this pro, all of the problems that we face and all the hassles. Go away. Yep. You can picture a life where you can store your wealth.
[00:13:41] Vance Lowe: This is what Seth was just talking about, knowing that this wealth, this money is in the safest place on the planet.
[00:13:49] Eric (Host): Mm-hmm.
[00:13:50] Vance Lowe: A life where you and your family were became more private and you could do all the things that you wanted to do this. These are the things that we all [00:14:00] wake up in the morning for, hopefully.
[00:14:02] Vance Lowe: And it’s gives us the reason why we’re going to work. Even you, Eric, have some, you know, some dreams and Oh, absolutely. Things that you want to
[00:14:10] Eric (Host): accomplish, right? Yeah, absolutely. I, I wanna go back though, because I, I’m still trying to understand the concept of using a dollar more than once. Somebody explained that to me.
[00:14:21] Eric (Host): How does that work?
[00:14:22] Vance Lowe: Well, let me explain it this way. The banks lend out money. You know, that’s their main thing that they do. Mm-hmm. Correct? Yep. And it always comes back in payments, right?
[00:14:35] Eric (Host): Correct.
[00:14:36] Vance Lowe: So we, you know, that that’s a given. Banks never lose money. When it comes to lending loans, things that like, that, they’re so over collateralized that if they have to take a property back or a vehicle or something else like that on a bad debt, that’s what the interest rates are for.
[00:14:57] Vance Lowe: Mm-hmm. You know, to, to equalize those out. They get the [00:15:00] money back. Well, the banks can take every dollar that comes back, they can turn it into $10. $9 comes from thin air. And they get to lend out $9 for every dollar that comes back to them. That’s the problem that we’re having with the banking world right now.
[00:15:17] Vance Lowe: That’s what causes inflation, is them lending money. That they don’t have.
[00:15:23] Seth Hicks Esq.: Hmm. And what, what Vance is describing is derivative lending. Derivative lending means like our deposits in the bank, we bring actually 6 cents into the bank and they’re able to actually loan a dollar on that 6 cents. That’s called derivative lending.
[00:15:40] Seth Hicks Esq.: And it’s funny math. It’s making money out of thin air, and when loans go bad in a bad real estate market or in a collapsing economy or in a pandemic, that’s when problems start to explode. That’s what Vance is talking about, where the, the, they make money out of [00:16:00] thin air. It’s called derivative lending.
[00:16:01] Seth Hicks Esq.: Hmm.
[00:16:02] Vance Lowe: So let’s take those dollars, those dollars keep coming back and they get to use them over and over again. Well, folks, I’m here to tell you, we’re here to tell you, you can do exactly the same thing. And it’s so simple, you know, it’s almost scary. All you have to do is set up the same strategy that the banks are doing.
[00:16:20] Vance Lowe: You just can’t do the derivatives. Hmm.
[00:16:22] Seth Hicks Esq.: Yeah, unfortunately, Eric, if, if I brought you a dollar and you were able to turn around and loan 10 to somebody else, uh, would that be a good deal?
[00:16:32] Eric (Host): For me.
[00:16:34] Seth Hicks Esq.: Yeah. For you. Exactly. Yeah. So that’s what exactly we want to do is set up the banking situation for, for clients such that they get the money back, they become, they set up their own family banking system whereby they take the money out of their life insurance policies for investment, for growth, for whatever purposes that fit their investment strategy and their wealth creation strategies.
[00:16:58] Seth Hicks Esq.: Mm-hmm. And they, [00:17:00] and they cycle their income back through their family banking entity, which is asset protected, grows tax free and compounds year after year. IRS doesn’t get involved and it’s a win-win win.
[00:17:15] Vance Lowe: One of the things, uh, I think, uh, everyone has to understand that these contracts we’re talking about, these life insurance contracts.
[00:17:23] Vance Lowe: Our special contracts designed and put together to form a perfect private bank. This isn’t new. It’s not cutting edge technology. This is what was taken away. From our education system, but those contracts are still there. They still exist. We can still do it. We just have to learn how to set it up and run it.
[00:17:45] Vance Lowe: What we’re do doing is we’re talking about picturing if we took control of the banking equation in our lives, what would life. Be like, mm-hmm. So you can picture a life where you can pass, you can build this, uh, [00:18:00] this wealth into your family and your extended family. All of a sudden they catch on, they start doing the same thing, and they capitalize their own banking system.
[00:18:09] Vance Lowe: And so they borrow from themselves. Of course, you’re gonna want interest. Uh, you know, if you invest money, you want the highest interest you can turn, uh, get in return. So when you lend money even to yourselves. You charge yourself interest and you get yourself, uh, a high return. It’s tax advantage. So here’s, here’s a world.
[00:18:32] Vance Lowe: Once you get it into your system, the IRS is gonna leave you alone. The government’s gonna leave you alone. They have no idea what and how you’re doing it. As far as they’re concerned, you. Paid your obligation for your taxes on your increases and what you do with the money in your own systems. Totally up to you.
[00:18:52] Vance Lowe: Can you picture that life? Can you picture a life where you can be more private outside of government [00:19:00] intervention in these things?
[00:19:01] Eric (Host): Yeah, that would be, that would be obviously very nice. I, I, I don’t know exactly obviously how it works. I know that that’s what this podcast is for, is that you’re, as we move forward, you’re gonna educate, uh, all of us on kind of how that looks, how that works, uh, with each stage of the pillars we’re gonna be covering.
[00:19:18] Eric (Host): Yeah. You’re painting a wonderful picture. Uh, it’s just. Still to me a bit blurry. Right.
[00:19:23] Vance Lowe: You know? Yeah. It, it, it, it’s a bit blurry, but what we’re trying to accomplish with our podcast today is the reason and the need Yeah. To investigate the private banking strategy. Do I need this in my life and will this work for me?
[00:19:39] Vance Lowe: This is what you wanna find
[00:19:40] Eric (Host): out. Mm-hmm. So let, let’s talk about ideal clients who, who. Listening to this right now needs to say, okay. Obviously, in my opinion, I, I’m hearing somebody who wants less government intervention or less maybe oversight by the government into their own business, which I, I think all of us would like Uncle Sam to stop creeping around [00:20:00] our house, taking a look at what we do, you know, protection.
[00:20:03] Eric (Host): Uh, obviously there’s tax advantages to this. Being able to. Have more control. Uh, so anybody who falls in those categories obviously needs to be thinking about this. What other criteria are you looking for when a, for a client to come to you?
[00:20:17] Seth Hicks Esq.: Well, here, here’s a good example for that. I’ll take the first part of this.
[00:20:21] Seth Hicks Esq.: Fans, and you can fill in the backside. Mm-hmm. Frankly, for us, it, it’s much harder to work. Small amounts and small policies and come up with strategies. Uh, it takes probably more work than it does for those with. Uh, more wealth. Most of our clients are higher net worth individuals. Most of them are business owners, real estate investors, doctors, lawyers.
[00:20:47] Seth Hicks Esq.: Mm-hmm. But I, I, I preface this statement by saying that’s who our typical client is, but really private banking strategies is for anyone who wants to. [00:21:00] Keep what they make and protect what they make. And generally that’s everyone. Mm-hmm. Uh, most people don’t want to accumulate wealth, have it taken from them.
[00:21:11] Seth Hicks Esq.: And here’s a great story that drives home the point in Cyprus, for example, the country of Cyprus. Mm-hmm. Uh, in the Mediterranean, in the 2013 error, they. Decided to bail in on, uh, depositors’ money in, in certain banks. Banks that were insolvent in Cyprus bailed in on depositors’ money. What does that mean?
[00:21:35] Seth Hicks Esq.: Bail in It means they actually had the right to confiscate. People’s money to balance the bank’s books and make them solvent for depositors in Cyprus who had over a certain Mel Wealth, like believe it was over a hundred thousand dollars, they lost 50% of everything over a hundred thousand dollars. The government.
[00:21:58] Seth Hicks Esq.: Took it poof. And they’re, and [00:22:00] they’re actually centralized banks, meaning they were had government control. There’s something in America called the Dodd-Frank Act, and it was enacted in the Obama administration and we’ve written articles on it and there are blogs and they’re in our email posts so people can sign up for those and, and drill down on the content further, but, mm-hmm.
[00:22:19] Seth Hicks Esq.: Bottom line is, is the Dodd-Frank Act allows for the bail in of American depositors money. So there are centralized banks in in America, which if insolvent have the ability to bail in on the depositor’s money. And take their money. Wow. Our, a common, um, reply is, well, what about FDIC insurance? Well, if you look at on the FDI and C website, you’ll see how much they’re guaranteeing to insure.
[00:22:52] Seth Hicks Esq.: Mm-hmm. And they’ll also see how much they’re solvent with. And if the math is calculated, they’re going to be able to ensure about [00:23:00] 1.30 cents of every dollar that they’re. Making a representation, they’ll, they will insure. So FDIC insurance, in my opinion, is not a very safe, uh, mechanism for, uh, protecting your money.
[00:23:16] Seth Hicks Esq.: Now, contrast those, the bell in, in Cyprus and the, the, uh, potential bell in in America pursuant to the Dodd-Frank Act, uh, with having your money in a private banking vault. Call it a fortress or a vault. Mm-hmm. Whereby the government doesn’t have any access to that. It’s not in a centralized bank, it’s in a, the custody of a life insurance company, which is not regulated by Dodd-Frank.
[00:23:46] Seth Hicks Esq.: It’s not regulated by banking laws. There is no bail in on your money when it’s in your private banking strategy vault. It’s that simple.
[00:23:56] Eric (Host): That’s a little scary. I’ll be honest. I mean, I, I, I’m not in a tremendous [00:24:00] situation where I have hundreds of thousands of dollars sitting in a bank account, but that’d be nice if I did one day.
[00:24:04] Eric (Host): Right. I mean, and to, to hear that, that tells me that that’s probably not even the, the route that I would want to go. Obviously, learning from you guys, I, I know which route I need to go if I get to that point, but that’s a little scary.
[00:24:15] Seth Hicks Esq.: Well, Eric, even if you got $10,000 in the bank, do you wanna lose it?
[00:24:19] Seth Hicks Esq.: No, I’d rather not. No. Yeah. You’d rather, you’d rather not and and ne neither would anybody else. Or even if it’s a thousand dollars. Yeah, and that’s why I prefaced my initial comments with the fact that everybody would, would desire a private banking vault where their money is safe and protected. Rather it’s 10,000, or whether it’s 10 million.
[00:24:40] Seth Hicks Esq.: The concept is the same because to each man’s own home is his castle. Mm-hmm. To each man’s. Own bank. That is his livelihood, his wealth, his, his wherewithal.
[00:24:53] Eric (Host): Right? I mean, that’s, that’s the bottom line. Yeah,
[00:24:56] Seth Hicks Esq.: absolutely. And there’s no reason that we should allow that in [00:25:00] intrusion so that you come and, you know, everything’s taken from you.
[00:25:05] Vance Lowe: Well, Eric, there’s, there’s a couple things else that we need to discuss. What, uh, Seth is talking about is it’s not safe out there in the world these days. And though our government is trying to paint a different picture, look at the ERISA plans by erisa. That’s an acronym for Ross 4 0 1 Ks, IRAs and Pensions.
[00:25:29] Vance Lowe: There’s over $7 trillion on account now in those accounts. Do you think government wants that or they want us to have it?
[00:25:38] Eric (Host): Yeah. Well, we know. We know Uncle Sam would love to get his hands on that.
[00:25:42] Vance Lowe: Yes. And he’s working very hard. Um, I’m reading articles right now about upping the taxes on those items, uh, to a minimum of 50% so that they can’t get at it.
[00:25:55] Vance Lowe: They want to be able, I think, to confiscate even those [00:26:00] dollars. Hmm. And if that’s where everybody’s money is for retirement, you know, what’s that gonna leave them with?
[00:26:06] Eric (Host): Yeah.
[00:26:06] Vance Lowe: Yeah,
[00:26:07] Eric (Host): absolutely.
[00:26:08] Seth Hicks Esq.: So let’s say that someone’s accumulated a sizable amount of wealth, right? Uh, now in America, the ability to transfer over $10 million to your heirs, and if that’s children or other.
[00:26:22] Seth Hicks Esq.: Beneficiaries, whether it’s a charity or otherwise, and that’s tax free. It’s an estate tax that is exempt up to that amount. Well, the current administration has proposed a 75% percent reduction in that exemption. Meaning, so your, uh, what you could transfer without any tax implication whatsoever now has been cut down to 25% of what it would be.
[00:26:46] Seth Hicks Esq.: Wow. That’s why, where the private banking strategy comes in, if you’ve got your, your money in the private banking strategies vault and in the specially prepared life insurance contracts that we structure, they’re absolutely exempt. So [00:27:00] the entire amount, not, there’s no amount that the government will be.
[00:27:05] Seth Hicks Esq.: Able to reach with the state taxes. And here’s a great story that that kind of drives home the point everybody’s probably heard of, prince the, the artist. Mm-hmm. Well, he called himself the artist, formerly known as Prince. Towards the end of his career, he had a $200 million estate and was a resident of Minnesota.
[00:27:23] Seth Hicks Esq.: He passed away at an untimely early death. Mm-hmm. And had no. Private banking strategies in place had no other real estate plan in place, and between the state of Minnesota and the federal government, they took over 50% of that 200 million, and his rightful heirs received less than 50% of that. Wow. I’ve even heard Susie Orman say the exact same thing.
[00:27:47] Seth Hicks Esq.: And, uh, an interview with a New York Times reporter where she was concerned because of her estate at the time was, I think 50 50 million that her partner was going to be having [00:28:00] half of that when the, uh, estate tax man came and slashed that in half. If that money is in the private banking strategies vault, none of it.
[00:28:09] Seth Hicks Esq.: Is taken by the tax man, whether it’s estate taxes, income tax, or any other kind of tax, it’s simply in the vault of protection,
[00:28:19] Eric (Host): untouchable. Fantastic. Guys. Guys, we are out of time for today. Any closing thoughts before we wrap this podcast up?
[00:28:26] Vance Lowe: All I’d like to say is I hope we’ve painted a little bit of a picture of, of where you’re at now and the frustrations, uh, to where life really could be, the security, the privacy.
[00:28:38] Vance Lowe: Mm-hmm. That’s why you should take an opportunity to find out if this private banking strategy is right for you.
[00:28:47] Eric (Host): Yeah. Absolutely. Alright, gentlemen, well thank you so much. I’m, I’m looking forward to that next podcast. I know we’re gonna dive deeper into the seven pillars or even maybe more of this, but great examples today.
[00:28:57] Eric (Host): I mean, this, this is really eye-opening and I think that [00:29:00] all of our listeners, at least they got a nugget of. Boy, that sounds good. Or boy that sounds bad, and I need to look into this because I don’t want the bad things to happen. I’d rather have the good things. So, uh, guys, thank you so much for your time today and of course, our last thank you goes to you the the listening audience.
[00:29:14] Eric (Host): Thank you for tuning into the Private Banking Strategies Podcast with Vance Low and Seth Hicks. If you have not subscribed to the podcast yet, please click the 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. This makes it much easier to share these podcasts with your friends and family, and this is a great one.
[00:29:30] Eric (Host): It’s a share, right? Because here’s the thing, if they listen to it and they have similar questions that you do, you guys can discuss it and just talk about it, and then both of you can make a phone call or go to the website and check out what these guys are doing, what they’re, what they’re talking about.
[00:29:44] Eric (Host): ’cause it’s powerful. Again, thanks for listening today. For everyone at Private Banking Strategies, this is Eric Johnson reminding you to live your best day every day, and we’ll see you next time.
