Family Capital Podcast

About Family Capital Podcast

Family Capital explores the ideas, systems, and stories that help families build lasting legacies. From investing and estate planning to parenting, purpose, and family culture, each episode examines the many forms of capital that compound across generations.

Publisher

Brownlee Wealth Management

Category

business · business · education

Language

en

Explicit

No

First episode

4 Aug 2026

Latest episode

13 Oct 2026

Latest episodes

6 episodes in the feed.

1. 

   13 Oct 2026

   The Family Office Blueprint: Paul Gregory on Structure, Strategy, and Legacy - Ep 6

   What if the best family office is one that's designed to eventually disappear? In this episode of the Family Capital Podcast, we sit down with Paul Gregory of Gregory and Cook to explore his unconventional approach to building a family office focused on stewardship, simplicity, and generational independence. Drawing on his experience building and selling a construction business to Quanta Services, Paul shares why he and his wife chose to create a family office designed to facilitate a single generational wealth transfer rather than establish an institution that lasts indefinitely. We discuss how Paul has built a lean family office by prioritizing character over industry experience, outsourcing specialized tax and estate planning work, and maintaining a straightforward investment strategy centered on public equities and commercial real estate. Perhaps most importantly, we examine the distinction between managing family wealth and passing down family values. Paul explains why he believes teaching stewardship is fundamentally a parent's responsibility, not a family office's, and why giving the next generation independence may be one of the greatest gifts a family can provide. In This Episode 01:52 - Why Build a Family Office Designed to Disappear? 05:52 - Building a Lean Family Office Without Excess Overhead 09:35 - Hiring for Character Instead of Family Office Experience 12:50 - Investment Strategy: Public Equities, Real Estate, and Simplicity 18:35 - Why Private Equity Isn't Always Worth the Complexity 21:05 - Outsourcing Tax and Estate Planning to Trusted Advisors 23:53 - Teaching Stewardship Without Creating Family Dependence 28:00 - When and How to Involve the Next Generation 30:08 - The Most Important Question Before Starting a Family Office Resources Follow us on Youtube (https://www.youtube.com/channel/UCwfyT-tGFVLOxa1eU7DdtIA) Brownlee Wealth Management (https://www.bwmplanning.com/) Financial Planning for Oil and Gas Professionals Podcast (https://www.bwmplanning.com/podcast) Contact Us (https://www.bwmplanning.com/get-started) Disclosure: This information is for informational purposes only. Nothing discussed during this video should be interpreted as tax, legal, or investment advice. If you have questions pertaining to your specific situation, please consult the appropriate qualified professional.

2. 

   29 Sept 2026

   3 Mistakes That Can Derail Generational Wealth

   In this episode, we unpack common mistakes families make when preserving and transferring multi-generational wealth across three areas: the operating business, estate planning, and investments. We discuss balancing business reinvestment with liquidity, avoiding tax-driven decisions that undermine the bigger strategy, and preparing heirs to manage wealth through smaller, lower-stakes opportunities before a major inheritance. We also explore why estate plans should communicate the “why,” not just the mechanics. We examine post-liquidity investing, including the risks of unnecessary complexity, mismatched time horizons, and portfolios the next generation may struggle to manage. We close by considering investments that can generate financial, relational, and social returns. In This Episode 03:14 — Common Mistakes in the Operating Business 05:00 — Liquidity, Estate Taxes & Forced Sales 08:43 — How Much Should You Reinvest in the Business? 13:32 — When the Tax Tail Wags the Dog 16:15 — Multi-Generational Estate Planning Mistakes 19:09 — Giving the Next Generation Smaller "At-Bats" 23:53 — Communicating the Why Behind the Estate Plan 27:28 — Investment Mistakes After a Liquidity Event 30:35 — Time Horizons, Complexity & Three-Dimensional Investing Resources Follow us on Youtube (https://www.youtube.com/channel/UCwfyT-tGFVLOxa1eU7DdtIA) Brownlee Wealth Management (https://www.bwmplanning.com/) Financial Planning for Oil and Gas Professionals Podcast (https://www.bwmplanning.com/podcast) Contact Us (https://www.bwmplanning.com/get-started) Disclosure: This information is for informational purposes only. Nothing discussed during this video should be interpreted as tax, legal, or investment advice. If you have questions pertaining to your specific situation, please consult the appropriate qualified professional.

3. 

   15 Sept 2026

   The Case For—and Against—Starting a Family Office

   In this episode, we debate whether wealthy families should start their own family office or rely on outside professionals. We explore the case for staying flexible and outsourcing specialized work, as well as the case for creating a dedicated execution layer that turns good advice into action. We also discuss family office costs, the “great unbundling” of services, the role of multifamily offices, and why complexity—not just net worth—should drive the decision. Finally, we run through scenarios ranging from $30 million to $2 billion in net worth to see when a family office makes sense. Our conclusion: start simple, outsource strategically, and add complexity only when the family’s needs justify it. In This Episode 02:25 — What Is a Family Office? 03:18 — The Case Against Starting a Family Office 07:40 — The Case for Starting a Family Office 11:11 — Family Office Costs and the Great Unbundling 15:09 — How Much Should a Family Office Cost? 18:00 — Multifamily Offices vs. Building Your Own 20:23 — Avoiding a Full-Time Job Managing Your Wealth 23:03 — Who Should Be the First Family Office Hire? 28:25 — Rapid-Fire: When Does a Family Office Make Sense? Resources Follow us on Youtube (https://www.youtube.com/channel/UCwfyT-tGFVLOxa1eU7DdtIA) Brownlee Wealth Management (https://www.bwmplanning.com/) Financial Planning for Oil and Gas Professionals Podcast (https://www.bwmplanning.com/podcast) Contact Us (https://www.bwmplanning.com/get-started) Disclosure: This information is for informational purposes only. Nothing discussed during this video should be interpreted as tax, legal, or investment advice. If you have questions pertaining to your specific situation, please consult the appropriate qualified professional.

4. 

   1 Sept 2026

   2026 Mid Year Economic Outlook

   In this episode, we review the 2026 economic and market landscape and what it means for families allocating capital across generations. We discuss elevated commodity prices, sticky inflation, and higher-for-longer interest rates—and how these trends affect portfolio construction, leverage, fixed income, and wealth-transfer strategies. We also examine the widening performance gap between value and growth stocks and why international and emerging markets are gaining ground. Finally, we explore how massive AI investment could reshape market leadership and reinforce the case for diversification. Our takeaway: short-term conditions shouldn’t dictate a multigenerational strategy, but they should prompt us to revisit why we own what we own and whether our portfolio is prepared for different economic environments. In This Episode 02:40 — Why a Mid-Year Economic Review Matters 04:49 — Oil, Commodities & Sticky Inflation 06:54 — Economic Regimes & Portfolio Agility 09:19 — Higher-for-Longer Interest Rates 12:47 — Fixed Income, Credit Spreads & Risk 14:36 — GRATs, AFRs & Intrafamily Loans 17:22 — Value vs. Growth: A Major Market Rotation 24:14 — AI Spending, Valuations & Who Ultimately Benefits 30:13 — Why the Old Portfolio Playbook May Not Work Resources Follow us on Youtube (https://www.youtube.com/channel/UCwfyT-tGFVLOxa1eU7DdtIA) Brownlee Wealth Management (https://www.bwmplanning.com/) Financial Planning for Oil and Gas Professionals Podcast (https://www.bwmplanning.com/podcast) Contact Us (https://www.bwmplanning.com/get-started) Connect With Us Facebook (https://www.facebook.com/BrownleeWealthManagement/?ref=py_c) Linkedin (https://www.linkedin.com/company/brownlee-wealth-management/) Disclosure: This information is for informational purposes only. Nothing discussed during this video should be interpreted as tax, legal, or investment advice. If you have questions pertaining to your specific situation, please consult the appropriate qualified professional.

5. 

   18 Aug 2026

   What Is a Family Office—and Do You Need One?

   In this episode of the Family Capital Podcast, Jared Machin and Justin Brownlee unpack what a family office is, when creating one might make sense, and what families at every level of wealth can learn from J.P. Morgan’s 2026 Global Family Office Report. They explore how some of the world’s wealthiest families allocate investments, manage risk, structure their family offices, and approach wealth preservation. But the biggest takeaway goes beyond investment returns: successful multigenerational wealth requires families to prioritize values, governance, legacy, and preparing the next generation—not simply managing financial assets. In This Episode 01:59 — Should You Start a Family Office? 06:27 — Single vs. Multifamily Offices 08:00 — Inside J.P. Morgan’s Family Office Report 13:29 — Why Family Offices Are Still in the Early Innings 19:25 — How Billionaire Families Invest 25:32 — The Biggest Risks Facing Family Offices 29:50 — Are Family Offices Prioritizing the Wrong Things? 33:37 — Preserving Family Values, Governance, and Legacy 39:46 — What Does a Family Office Cost? 42:28 — Start With Your Family’s “Why” Mentioned J.P. Morgan 2026 Global Family Office Report (https://privatebank.jpmorgan.com/nam/en/insights/reports/2026-family-office-report) Resources Follow us on Youtube (https://www.youtube.com/channel/UCwfyT-tGFVLOxa1eU7DdtIA) Brownlee Wealth Management (https://www.bwmplanning.com/) Financial Planning for Oil and Gas Professionals Podcast (https://www.bwmplanning.com/podcast) Contact Us (https://www.bwmplanning.com/get-started) Connect With Us Facebook (https://www.facebook.com/BrownleeWealthManagement/?ref=py_c) Linkedin (https://www.linkedin.com/company/brownlee-wealth-management/) Disclosure: This information is for informational purposes only. Nothing discussed during this video should be interpreted as tax, legal, or investment advice. If you have questions pertaining to your specific situation, please consult the appropriate qualified professional.

6. 

   4 Aug 2026

   Why the Family Capital Podcast

   We started the Family Capital Podcast because we wanted a place to explore the bigger questions surrounding wealth that extend far beyond investment returns and financial planning. In this episode, we share how our experience serving families with multi-generational wealth led us to focus on building lasting legacies through thoughtful planning, family governance, and the intentional transfer of financial, relational, spiritual, and intellectual capital. We also explain who this podcast is for—from those passing wealth to the next generation, to those inheriting it, to families navigating the family office world—and share our vision for combining practical financial strategies, expert interviews, and real-life stories to help families steward every form of capital for generations to come. In This Episode 00:44 – Why We Started a Second Podcast 02:28 – From Wealth Management to Multi-Generational Planning 04:39 – The Fixed-Fee Difference & Serving Families with Taxable Estates 06:43 – Who This Podcast Is For 08:39 – Three Audiences: Wealth Creators, Heirs & Family Offices 11:36 – Family Capital Is More Than Financial Capital 12:22 – Justin Brownlee's Story 16:04 – Jared Machen's Story & Lessons from Serving Families 19:12 – What to Expect from Future Episodes 22:07 – Final Thoughts & What's Next Resources Follow us on Youtube (https://www.youtube.com/channel/UCwfyT-tGFVLOxa1eU7DdtIA) Brownlee Wealth Management (https://www.bwmplanning.com/) Financial Planning for Oil and Gas Professionals Podcast (https://www.bwmplanning.com/podcast) Contact Us (https://www.bwmplanning.com/get-started) Disclosure: This information is for informational purposes only. Nothing discussed during this video should be interpreted as tax, legal, or investment advice. If you have questions pertaining to your specific situation, please consult the appropriate qualified professional.

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Public platform figures. Ratings count people who left a rating, not total listeners.

Apple Podcasts (US)

5.0 / 5

3 ratings

Spotify

5.0 / 5

3 ratings

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Guest appearances

Books guests

Based on episode analysis; this does not confirm that the show is currently accepting guests.