$8 Million Net Worth… Now What? | Smart Wealth Protection Strategy
If you recently experienced a liquidity event, sold your business, inherited assets, or suddenly reached a high net worth, this episode of BA Podcast Guys is for you. In this podcast, host Robert Lovaglio sits down with certified financial planner and financial advisor Trevor Bell, CFP, to discuss what really matters after building significant wealth. From protecting your money to creating a long-term legacy, this conversation focuses on the key strategies high net worth individuals should consider once they reach a major financial milestone.
Many people spend years focusing on building wealth, but the mindset and strategy must shift once that goal is achieved. Trevor Bell shares practical and real-world insights on wealth preservation, diversification, estate planning, tax efficiency, and how to avoid common mistakes after a big exit. This episode also explores how emotional decisions, lifestyle inflation, and overconfidence can put your financial future at risk. The discussion highlights the importance of structure, financial discipline, and educating the next generation to build lasting generational wealth.
Whether you have sold your company, received an inheritance, or are preparing for a liquidity event in the future, this episode offers valuable guidance to help you protect what you have built. The goal is not only to grow your wealth but to ensure it supports your family, your goals, and your legacy for years to come.
Subscribe to BA Podcast Guys for more conversations with financial experts, entrepreneurs, and industry leaders who share actionable strategies to help you grow, protect, and manage your money with confidence.
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Timestamps: 00:00 – Liquidity event? This is for you 00:30 – $8M wealth question 01:15 – Shift to wealth preservation 02:19 – Diversify after big wins 03:24 – Overconfidence and lifestyle inflation 04:47 – Boredom-driven financial risks 06:44 – Estate planning and wealth structure 08:35 – The “puzzle pieces” of planning 10:40 – Financial advice disclaimer
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📈 *Welcome to Best Advice Podcast Guys!*
We bring you expert financial advice, success stories, and insights from top industry leaders. Hosted by Rob Lovaglio and a panel of experienced financial professionals—including Frank Lovaglio, RFC®, David Allen, CFP®, Mitchell Walk, AAMS®, Austen Jacks, CFP®, and Mitch Allen, CFP®—we break down the strategies that drive wealth, success, and financial freedom.
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ *Related Phrases* Financial advice from industry experts, smart investing strategies for beginners, market updates and economic insights, how to grow wealth and manage money, the best financial podcast for investors, breaking down stock market trends, expert tips for financial freedom, understanding taxes tariffs and trade policies, wealth-building secrets from financial advisors, how to protect your investments in a volatile market
