#15 Brandon Johnson: Managing $1.8 Billion in Wealth
“Once we have a starting point and a target, we can start to evaluate, do we turn left, do we turn right? How do we measure success? Then that dynamic process never stops." – Brandon Johnson
In this episode of Outliers, Brandon Johnson explains what a family office is, how he works with families to plan for and structure their wealth, and why it’s important to teach your children about finances and investing.
Brandon Johnson is CEO and CIO of JFG Wealth, a financial group that oversees over $1.8B in wealth for families across the United States. He serves on the Boards of Trustees for the University of Denver, Children’s Hospital Colorado Foundation and ACE Scholarships, and he is co-founder and director of the Brandon & Wendy Johnson Family Foundation. Brandon regularly speaks at industry conferences across the country and is a thought leader in the Family Office and Wealth Management industry.
Show notes with links, quotes, and a transcript of the episode:
Chapters in this interview:
00:00:39 – History of the Johnson Financial Group
00:08:30 – Brandon’s path to wealth management
00:12:50 – What is a family office?
00:15:38 – How JFG is different from other family offices, and the importance of a relational approach to wealth management
00:25:34 – Keys to successful family wealth management
00:37:32 – Teaching kids about saving, investing, and giving back
00:46:17 – JFG’s process for working with new families
00:53:52 – Working with families with investments as the final stage of the process
00:59:24 – The spectrum of risk and returns
01:08:29 – Diversification and recency bias
01:15:41 – Defining success
01:22:05 – Brandon’s favorite restaurants, as a Le Cordon Bleu-trained chef
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