[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.
[00:00:48] Seth Hicks Esq.: Welcome to Private Banking Strategies Podcast with Vance Lowe and Seth Hicks. How are you, Vance?
[00:00:54] Vance Lowe: I’m doing terrific. If I was any better, there’d have to be two of me. [00:01:00] Seth, how are you doing?
[00:01:01] Seth Hicks Esq.: I’m doing good. I’m doing real well. Well, we’re gonna talk today about continuation of a three-part series. Why people implement private banking strategies, and we’ve done part one and part two.
[00:01:13] Seth Hicks Esq.: This is part three, and we’re covering the fundamental seven pillars of private banking strategies. We’ve talked about asset protection being a cornerstone financial privacy. Being a cornerstone tax free growth inside your policies being a cornerstone and the velocity of money getting multiple touches on the same dollar, being able to use the same dollar more than once.
[00:01:37] Seth Hicks Esq.: We’ve talked about those four in the past two episodes, and now we’re gonna conclude with the last three pillars, starting with guaranteed compounding tax-free growth. The value of your wealth inside your private banking strategies can never go backwards. Advance and that’s, that is a strong claim, especially for people who are in the [00:02:00] equities, markets, stocks, bonds, different things where they see their portfolio go up and go down, and there’s risk associated with it.
[00:02:08] Seth Hicks Esq.: They invest their money in certain investments and sometimes they. Win and sometimes they fail. Well, with private banking strategies, you never fail. You never lose, and you never go backwards. The value of your account only goes up and to the right is, is that incredulous and impossible or is that a reality?
[00:02:31] Vance Lowe: Well, Seth, that’s such a good question and people today have been brainwashed into what I call exotic exotic investments, and they shy away from the plain Jane or the tried and true investments that actually get you someplace, and I’ve dealt with that now for almost four decades. And so I wanna share with people kind of some things that I know in the [00:03:00] banking world, the banks only deal off of guarantees.
[00:03:04] Vance Lowe: Would you agree, Seth? Yes. They only will do guarantees. They always, 100% of the time get the money back. Some people will throw out, oh, well what about the loan foreclosures and stuff like that. They lose money. No, they don’t. They never lose money because of collateral. Lateral, they collateralize far more than the loan.
[00:03:31] Vance Lowe: In business, it’s all of your inventory. It’s all of your assets, it’s all of your machinery, it’s all of your equipment. It’s everything against a line of credit. You know, a business, uh, type loan. They are after control. Well, let’s talk about this a little bit, because we’re into a world where there is no risk, no economy risk, no market risk, and no risk of theft.
[00:03:58] Vance Lowe: On the outside [00:04:00] world, there’s only one risk and you meet that person every day. You get up and look in the mirror. If that P person looking back at you is a shady character, you got a problem. If he’s not willing to live up to his commitments or her commitments with you, you got a problem. Because we don’t get to get off scot free.
[00:04:21] Vance Lowe: We can’t, you know, abuse a situation like the banks would like us to believe. Okay, so let’s talk about never going backwards. Let’s talk about guarantees. A lot of people purchase investments, exotic investments, investments that have a lot of different risks involved because they’re attracted to the gains.
[00:04:45] Vance Lowe: Since they don’t get control of that account, it’s locked up tighter than ever. They want the highest interest they possibly can get, but in order to get a higher interest, you have to take more risk. It’s just inherent. The people who have [00:05:00] your money are making the money on you and allowing you to take the risk for them.
[00:05:06] Vance Lowe: Remember that you are the one taking the risk. If they don’t make enough, they could turn around and say, Hey, well we didn’t make quite enough, uh, profit to be able to pay you anything. Oh, and sorry we lost your money. We saved ours, but we lost your money. Okay. It’s just 40 years of that stuff has been going on.
[00:05:26] Vance Lowe: It’s gonna go on forever because the stock market is there for the brokers and the powers to be to, to consistently make money off of other people. So let’s talk about average rate of return versus. Yield. See, and this comes from Warren Buffett, where Warren Buffett’s extremely respected in the investment community because he does, he hits Grand Slams almost every single time, and it’s because he does his homework.
[00:05:56] Vance Lowe: He’ll go into a company that he wants to invest in, and [00:06:00] he’ll tell that company where that company is going to be in 10 years, and the owners and the CFOs and the CEOs just drop their jaws. Almost in every case. How did you know? Where did you get the information and how do you know where we’re going?
[00:06:17] Vance Lowe: And he tells him. So he pretty much is betting on a sure thing. Now, you know there are times and he’ll admit that, Hey, there’s times we didn’t win. Okay, but let’s talk about these two topics. Average rate of return is a mathematical equation. That draws out a result, it has nothing to do. It correlates in no significant way with what’s in an account.
[00:06:49] Vance Lowe: So if you look at a mutual fund and you’re gonna look at the one year, the five year, the 10 year, the 15 year average rate return on that individual fund. [00:07:00] And if it’s where you think it’s gonna be, you may decide you’re going to invest in it. Okay, but you deserve what you get because you’re basing your information on wrong information.
[00:07:14] Vance Lowe: It’s a mathematical equation. As a money manager, let me give you a great example. You give me $100,000 to invest for you at the end of the first year. I’ve doubled that amount. Year two comes along, I lose 50%. Year three comes along, I gain 25%. Year four comes along, I lose 12.5%. How much is in your account?
[00:07:43] Vance Lowe: At the end of four years? It’s really, really close to $100,000 folks. Right? We didn’t do any good however legally. For the SEC regulations and government control, I get to publish an average rate of [00:08:00] return of 25% on this account for the last four years, and it’s because it’s the wrong information that you’re looking for.
[00:08:08] Vance Lowe: If you ask for a average rate of return, that this is what you’re gonna get. It’s designed to come up with a high number to entice people to buy that fund, but it doesn’t correlate with what’s in the account. If you ask the correct question, you’ll get correct information maybe. But even the stock brokers and those guys probably won’t have the information you need, which is yield.
[00:08:35] Vance Lowe: Back in the day when we were told to set up banking accounts, it was all about yield. You put money in a savings account, they add interest, you know, as high as six, 7% interest. I remember that. And once that money went into your account, it could never, ever be reversed. It’s now your money. Okay. [00:09:00] Yield means money in the account that cannot be reversed.
[00:09:03] Vance Lowe: So if you were to ask me, Seth, what’s the yield for this last four years? I would have to say zero. Now, how likely are you to buy that fund? Zero. From 25% average to yield to zero. You need the correct information because, ooh, that’s a fund to stay away from because it’s not correlating anything in the account.
[00:09:28] Vance Lowe: So look, everything we’re doing in these contracts with the life insurance carriers. Are guaranteed. There is one that is not, and I’ll, I’ll cover that in a minute, but you have a guaranteed rate of return that’s etched in granite. They cannot change that No matter what. Your account is going to get that money, whether you’ve borrowed against it or not, you are going to get that guarantee on that money.
[00:09:59] Vance Lowe: So [00:10:00] because you’re getting that guarantee, borrowing money either against that might be to your advantage because you, if you’re, if you’re financing something else, you’re gonna add additional return to that. Those are possibilities here. So in addition to that guarantee, you get the profits of the life insurance company because these contracts, all of these contracts, we put our clients together in.
[00:10:25] Vance Lowe: Make them owners of the life insurance company, they get entitlements. They get advantages. They get to go at the head of the line, okay? When they want to borrow money, they get an advantaged rate of return. They can’t steal from their company. A lot of people think if I own the company, I get my stuff free.
[00:10:44] Vance Lowe: You don’t. Your company goes broke if you do. That’s why nine out of 10 startup companies fail folks is because the owners steal from their own companies thinking they’re gonna get advantage, but making all their other clients subsidize, [00:11:00] you know, that loss. They have to make up for that and it never is as profitable.
[00:11:06] Vance Lowe: So in this case. You get to go at the head of the line. You get to process money very, very quickly with as little as two questions. How much do you want? Where do you want it set? And you’re borrowing money from the cash reserve, so you’re gonna pay the company the interest they lost so that the profits are still there because the profits are based off of that interest rates.
[00:11:29] Vance Lowe: Interest rates, you know, historically have been anywhere from 2% up to 21%. In my lifetime, I had years seeing 21% added to the account. Now these are called dividends. They are not guaranteed, but they have the yield guarantee. Once it’s put in your account, it cannot be reversed. Okay? So if we’re making three and a half percent guarantee, and [00:12:00] maybe this year we’ll make 4% in a dividend, that’s a 7% net.
[00:12:04] Vance Lowe: If we borrow money at 5%. We’re still netting, you know, a 3% growth, plus all the interest we make and the, and the profit we make on self financing, whatever we borrowed the money for. So these guarantees are absolutely critical to be able to depend on them. The amount of interest that we pay also needs to be guaranteed.
[00:12:27] Vance Lowe: There are options in these contracts now where you can have a variable loan rate. And, and get it a little bit lower. I’ve never used that because as a bank, I need to know the bottom line. I need to know the guarantee. It can never go backwards. So I’ve done all the talking here, Seth.
[00:12:47] Seth Hicks Esq.: Yeah. So that, that’s a stark contrast to, you know, investing in stocks in the stock market where the risk is on you.
[00:12:55] Seth Hicks Esq.: And you’ve got financial money managers that take 1%, uh, a [00:13:00] year of whatever their managing for you, and you bear the risk. And this is very, very different. I mean, for people who wanna set it and forget it, this is a, a clear. Way and a rock solid way to. Never have your money depleted and take all the risk off of your shoulders.
[00:13:20] Seth Hicks Esq.: So it’s a key fundamental cornerstone. It’s one of the seven pillars of private banking strategies and one that that bears some real focus. But we’ll now we’ll transition into number six. The sixth pillar of private banking strategies is guaranteed financing. So when you have accumulated a uh, um, uh.
[00:13:41] Seth Hicks Esq.: Wealth inside your policy, it is completely liquid, completely available to you without any type of qualification or loan application or tax return submissions. So you wanted to go and buy a house and utilize your private bank [00:14:00] To accomplish that, you simply give the life insurance company instructions.
[00:14:04] Seth Hicks Esq.: I want this amount of money and I want it wired here into this escrow, and it’s done. So when we say guaranteed financing, we’re talking about the liquidity of the amounts that you’ve stored inside your policy. We’re talking about the, the absence of red tape, the absence of, uh, financial prying, the absence of having to disclose, uh, tax returns and bank statements, and any other type of invasive and intrusive.
[00:14:33] Seth Hicks Esq.: Uh, financial privacy, uh, invasions. Those don’t exist with these life insurance companies. And
[00:14:40] Seth Hicks Esq.: that’s
[00:14:40] Seth Hicks Esq.: a key
[00:14:41] Seth Hicks Esq.: feature.
[00:14:41] Seth Hicks Esq.: It’s a key benefit of this.
[00:14:43] Midroll: Did that story feel like it was about you? Do you feel like you are generating a lot of revenue but are not moving forward as fast as you would like? Do you feel you should be making more progress toward your financial goals?
[00:14:57] Midroll: Do you feel stuck? [00:15:00] Let us help you get unstuck. Are you ready to take action and get your own private bank? Please visit us at www.privatebankingstrategies.com.
[00:15:14] Vance Lowe: Let, let’s give an example. Uh, I’ll use myself because I’ve, um, self financed, uh, my home here. I’ve self. I financed my ranch and uh, I just live this private banking strategy, so my monthly payment is, uh, $2,000 per month.
[00:15:33] Vance Lowe: I created the loan, the mortgage loan, to meet what my flow needs to be. And so I make that payment. I make all that interest upfront. Uh uh, my loans happen to be at 12% interest. Everybody goes, oh gosh, that’s too high. Well, if you own something and you’re after profits, do you want your profits high or low?
[00:15:57] Vance Lowe: Okay, and so I [00:16:00] need to beat inflation. Okay? I’m not out competing with somebody. I can still make my payment pretty close, whatever it is, because I get to control the loan folks. Do you have any idea what type of freedom that gives you? Right. The guaranteed finance freedom. If I go to a, a bank and I want them to, uh, give me a home equity line of credit, they want me to do all kinds of qualifications, and I, the last two times I went in to do that, I threw my hands up, said, I’m not gonna do that.
[00:16:30] Vance Lowe: You know, you’ve got all the records you need on whether I’m trustworthy or not, I’ve got a 800 plus credit score here. You know, either you’re gonna gimme the loan or you’re not. You know, I’m not gonna play around with all this divulging of information. And then they go, well, we gotta have it. It’s just, you know what?
[00:16:46] Vance Lowe: I have a bank that will do that without asking for all that stuff, and they just look at you and I’m disgusted. I go out and I finance it myself. I’m trying. To fight back. I’m trying to get [00:17:00] back, you know, and, and throwing at people, you know, who are in the banks, they’re taught what to say. They think they’re providing a great service for humanity when in fact, you know, it’s very despicable, but they don’t know that the, the employees.
[00:17:17] Vance Lowe: But, uh, that’s why we do that. If you have a car loan now. And your financial picture changes and it gets way too tight. How hard is it going to be for you to go into Honda Finance and try to refinance that loan? Seth, how hard is it gonna be for ’em?
[00:17:34] Seth Hicks Esq.: It’s gonna be hard.
[00:17:35] Vance Lowe: It’s gonna be not impossible. They’re gonna laugh at you.
[00:17:39] Vance Lowe: Get outta here. Okay. You either make the payment or we’re gonna take the car back, okay? Right. But if your bank. Self-financing it. There’s no difference other than, oh, you need to refinance this loan. Yeah, we’ll work with you. We’ll do it. Whatever you need to do. And so this is where the guarantee comes in [00:18:00] and the freedom and the privacy.
[00:18:01] Vance Lowe: Nobody knows this. You are not creating any taxable events at all inside your economy. That’s why this is so critical. That’s why this growth, it’s always going in the right direction. We have a chance to do the guaranteed financing any way we choose at the beginning. You know, I probably made every mistake.
[00:18:26] Vance Lowe: That mankind has made in the strategy, learning it, figuring it out over the last 20 years. And I’ve had to totally refinance my whole banking structure three times to get it right. And now for the last 15 plus years, it’s singing folks and multiplying like you can’t believe. I’m just, I’m still angry that I didn’t know about it 30 years earlier.
[00:18:53] Vance Lowe: So that’s what, and
[00:18:55] Seth Hicks Esq.: that’s, that’s a common thing that people say, you know, is I, I wish I would’ve known [00:19:00] about this earlier. I wish I would’ve implemented this, these private banking strategies earlier in my life. And that’s because of the parabolic growth that happens through compounding. And in the compounding curve.
[00:19:12] Seth Hicks Esq.: At your 29 30, your money is, is. Literally going hockey stick straight up. And you know, so some of our clients that are younger clients in their twenties, in their thirties, they are going to be, uh, kissing our pictures when they’re 50 and 60, you know, because of, of the type of impact that it’s made for them.
[00:19:34] Seth Hicks Esq.: And that brings us to the, the next, uh, pillar, the seventh pillar, legacy, value, and tax treat. Free transfer of wealth to your heirs. So when you’ve, when you start this early, or even when you don’t start early and you’ve got lump sum payments on death benefits, and these contracts, where do they go? And, and do you pay taxes on those?
[00:19:59] Vance Lowe: [00:20:00] That’s the the question. And the nice thing is, remember, this is all about privacy. Private bank, private setup, private passing. It doesn’t go through co government control. It’s not probatable, okay? It has its own passing law to get it to where it’s supposed to be so we can set something up. And we can enjoy it through our lifetime and we can multiply it.
[00:20:29] Vance Lowe: We try to get our children and our, our kids also involved. And this is a process of many contracts. ’cause everybody starts low. We all started low. Six months later, we wish we’d have gone a lot higher. That’s the common complaint, but it’s a necessary curve for people to test it out. And then they, they find more money and start really starting to put into this, and they just grow this thing.
[00:20:55] Vance Lowe: Well, they not only put policies on themselves, they put policies on kids or they skip [00:21:00] their kids and go straight to their grandkids. If you put one of these contracts on a child and do a $5,000 annual premium at his age 65, he’ll have somewhere between a hundred and $150,000 tax free income every year for the rest of of that child’s life.
[00:21:19] Vance Lowe: 5,000 bucks. Okay. It’s not even gonna add up to that. Okay? So these things work. It’s all about. Building it up now, it’s gonna get so big. Be, uh, you know, depending on what government does to us. They’re thinking about changing our, you know, inheritance, tax laws, all, all those types of things, trying to increase taxes.
[00:21:44] Vance Lowe: Well, this is out of their control. This is someplace that they don’t get to control. They don’t know where, how much is there or what the volume is. And if you set up. And Seth here is, is one that has helped so many of our clients set up this legacy planning. I’ll [00:22:00] tell you a little bit about Nelson Nash’s because he shared that with all of us.
[00:22:04] Vance Lowe: He had a policy on every single child and every grandchild. He had 67 policies, if you can believe it. And he told his wife, he said, when I’m gone. There’s more money than you’re ever going to need. That’s all taken care of for you. We’re gonna take a lot of the death proceeds that were on my life, and we’re gonna start passing that down.
[00:22:30] Vance Lowe: The theory is when a person dies and has one, two, or three of these contracts, that death benefit comes in in a lump sum. Well, hopefully by then we’ve got a trust set up. The trust owns all of the, uh, contracts and the monies put into the trust. And then the first thing the, the trust is gonna do is gonna do two things as a priority.
[00:22:53] Vance Lowe: It’s gonna pay off all the loans that are outstanding. It doesn’t relieve any of the money coming in though, [00:23:00] but it’s just gonna put it there instead of at a real bank and then it’s gonna buy a new round of policies on the absolute youngest generation that money’s there. To be able to do that. You can’t really sock a lot of money on a newborn child, even a 10-year-old, you know, you can’t, maybe you could do $15,000 a year.
[00:23:22] Vance Lowe: Okay, so, but it’s gets them started. And now you’ve got a full generation out there with a lot of policies out there. The family’s never ever gonna hurt for financing the in one generation. There should be enough money to be able to finance all their homes, their education, their cars, their toys, everything they would need.
[00:23:46] Vance Lowe: This is the Rockefeller strategy right here that we teach. It’s all about keeping the money in the family. Right now we show people how to get back up to 70% [00:24:00] of their actual money. Outflow can be inflow. We can show ’em how to get back a hundred percent of their monthly expenses, but literally get back on top of that 70%.
[00:24:13] Vance Lowe: Of the flow. The reason we can’t get the 30 is because that’s the food, clothing, utilities, you know, stuff like that. Car dealership. So starting the second generation, keep the money in the family talks about, okay, now we have to spend our money on stuff that we own. If you’re going to go to the restaurant, we need to own the restaurant.
[00:24:34] Vance Lowe: If you’re gonna buy a car, we better own the dealership. We’re gonna shop at the mall. We own the mall. Okay, we need to own the utility. Now, I don’t know how much of that we can actually do, ’cause I’m not at that point yet. But that’s all about keeping the money in the family. Now they’re making money hand over fist.
[00:24:53] Vance Lowe: Even with one restaurant, if you go there and you pay full price, that money’s coming back to you. [00:25:00] You don’t need to pay a discount, you don’t need to eat free. Okay? But in addition to that, everybody else is gonna eat there. And all those profits are gonna be coming back into the family. This is what legacy value is all about.
[00:25:16] Vance Lowe: It’s untold wealth. Seth, say that a different way. I’m sure I’ve left a bunch of stuff out.
[00:25:23] Seth Hicks Esq.: Yeah, no, I mean, well, I, I just wanted to mention the, the current, uh, federal estate tax exemption is almost $14 million. So if you’ve got a, let’s say a patriarch or a matriarch with death benefits and these policies that is paid to children, you got $14 million of death benefit.
[00:25:42] Seth Hicks Esq.: The transfer is tax free. And if you’re going over those amounts, there’s other ways to, uh, structure the policies in something called an islet. Irrevocable life insurance trust, which then accomplishes even more, uh, of a, of a type of waterfall that has absolutely no [00:26:00] tax event whatsoever. You touched on that with like Nelson Nash’s structure.
[00:26:05] Seth Hicks Esq.: He had policies on himself. And when he passed away, those death benefits went into the beneficiaries silos, which included his wife, his children, his grandchildren. And when his wife passes, she’s gonna have a death benefit that passes into children’s hands, which fund their policies. And when those children’s pass, they’re gonna fall into grandchildren.
[00:26:27] Seth Hicks Esq.: And so on. And so that’s ex exactly what you described with the Rockefellers and other extremely wealthy families. How, how they create a wealth waterfall without doing anything. I mean mm-hmm. Nelson’s Nelson Nash’s children and grandchildren didn’t work for any of that. It’s, it’s just almost like a windfall.
[00:26:46] Seth Hicks Esq.: That comes through from his, from his discipline strategy in using private banking strategies.
[00:26:53] Vance Lowe: And the one, the one thing he has set up, and everybody would need to know this, and he laughs at this. I’ve done [00:27:00] it with my kids. Most of ’em do it. Most of the kids think they know more than dad does about anything.
[00:27:07] Vance Lowe: It’s just an inherent thing. Okay. Because you’re too close. And so to get their attention, he says, Hey family, I have disinherited you. All my money is in the family bank. However, when I die, I will give you access to money by borrowing it and you paying it back with interest. That’s what we’re talking about here.
[00:27:28] Vance Lowe: We don’t pull the money out and ever spend it. You spend money, you think it’s worthless. You only want to get rid of it. Using money over and over again is the game. Money only has value when it moves. So in legacy planning, we’ve gotta teach this because they’re not gonna find it in schools. They’re not gonna find it in higher education or any place else.
[00:27:55] Vance Lowe: Our government and banking has seen to that they, there’s [00:28:00] no place that you can go to actually find out how to fill out a check because they don’t want you writing checks anymore. They want us to get used to plastic because they want to do digital currency. Don’t let them do that folks. Digital currency is totally communistic.
[00:28:17] Vance Lowe: Government would have total control and could move money in and out of, of your digital accounts at will.
[00:28:25] Seth Hicks Esq.: Well, that’s a 30,000 foot overview Vance in these last three part series of the Seven Pillars. Yeah, we’ve done a lot of different content that drills down in different pillars, but I think that gives our audience a good summary.
[00:28:37] Seth Hicks Esq.: And, uh, if folks, if you wanna learn more and this content resonates with you, you can find more@privatebankingstrategies.com. That’s, uh, www.privatebankingstrategies.com. And there we have a, a book that we’ve written and it’s called What the Banks Don’t Want You to Know. And that book is a red pill book that Vance and I wrote to help people discover [00:29:00] issues that they may not have been aware of, like the compounding growth inside these policies.
[00:29:04] Seth Hicks Esq.: Things that the Federal Reserve implement against you, how centralized banks work, and if that content resonates with you, we want you to schedule an exploratory call with Vance and ultimately learn how this strategy will work for you, particularly with an eight year, uh, analysis. And that eight year plan shows you step by step how private banking strategies would work for you and increase your wealth.
[00:29:29] Seth Hicks Esq.: That is basically our process and we really enjoy helping people change their trajectory and their financial wealth, uh, accumulation and management.
[00:29:41] Vance Lowe: I think everybody out there owes themselves. The privilege of finding out about this, checking it out for themselves. We will warn you that we very, very seldom have people reject this idea.
[00:29:55] Vance Lowe: It resonates. It’s all about truth. It’s just there. There’s no [00:30:00] smoke and mirrors. It’s all math, it’s all guarantee stuff, no risk type venue. So we, we really admonish you and encourage you to come find out about it.
[00:30:13] Seth Hicks Esq.: Absolutely. Well, thanks Vance, and thank you, uh, to our audience for tuning in. We look forward to seeing you on the next podcast.
[00:30:20] Seth Hicks Esq.: Thank you very much.
[00:30:22] Vance Lowe: Yeah, thank you so much and everybody stay safe out there.
[00:30:25] Vance Lowe: Bye-bye.
[00:30:26] Outro: 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?
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