Wealth Independence Podcast
The Wealth Independence Podcast guides high-income tech professionals through proven strategies for building passive income and achieving true financial independence.
Hosts Dustin Bailey and Adam Penn share battle-tested frameworks, real-world case studies, and hard-won lessons from their years of experience in private markets and alternative investments. Each week, they break down complex investment concepts, analyze current market trends, and interview successful investors and industry experts.
Through a freedom-first approach that emphasizes passive income, smart diversification, and thorough due diligence, learn how to shorten your learning curve and avoid common pitfalls on their path to financial independence.
Whether you're looking to understand private placements, real estate fundamentals, or alternative investment opportunities, Wealth Independence delivers actionable insights that help busy professionals make informed investment decisions.
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Interested in being a guest on the show? Reach out to us at guests@wealthindependencepod.com with a brief intro and any relevant topics you'd like to discuss.
Wealth Independence Podcast
v2.17 - Why Your Financial Advisor Won’t Cut Your Tax Bill (ft. Kevin Brunner)
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Most investors think about taxes once a year: when they file. Kevin Brunner, founder of The Q Companies, joins Dustin and Adam to talk through what proactive tax planning looks like and why most financial advisors aren’t set up to deliver it.
Kevin breaks down why W-2 earners can benefit from a side LLC for real tax planning, the five-year real estate cost-segregation trap, and his installment sale trust as an alternative to a 1031 exchange.
The discussion covers the conflicts of interest in financial advisor compensation: advisors get paid based on what they sell, so recommendations skew toward whatever pays the firm a revenue share. DSTs (Delaware Statutory Trusts), a 1031 alternative often pushed by advisors, are the textbook example.
Finally, Kevin shares why he believes that letters after someone’s name only measure time spent in a classroom, not incentive alignment, and why most rules you operate under exist because someone else gets paid when you follow them.
Episode Release Notes & Resources:
- Kevin’s website (with free consultation link): https://kevinbrunner.com
- The Q Companies: https://theqcompanies.com
- Kevin’s recommended books: The Intelligent Investor (Benjamin Graham), Think and Grow Rich (Napoleon Hill), The Richest Man in Babylon (George S. Clason), As a Man Thinketh (James Allen)
Watch episode on YouTube: https://www.youtube.com/watch?v=1zo5Iuiwr_M
See all Wealth Independence episodes at https://www.wealthindependencepod.com
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This show is for informational purposes only and is not financial, investment, legal, or tax advice, and does not constitute an offer to buy or sell securities. All investments carry risk, and investors should always conduct thorough due diligence and consult with qualified professionals before investing.
