Building wealth is one challenge. Turning it into passive income while managing taxes and protecting what you have built requires a broader plan. For entrepreneurs and investors, that starts with looking beyond individual deals to consider how investments, cash flow, and long-term goals work together.
In this episode of Build It to Billions, Brett Swarts welcomes Dave Wolcott, founder and CEO of Pantheon Investments and author of The Holistic Wealth Strategy, to explore how the ultra-wealthy approach these decisions. From alternative investments to tax-efficient planning and wealth preservation, the conversation examines strategies for creating greater financial freedom and a legacy that extends beyond your working years.
Episode Highlights Here:
Intro
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Brett
Welcome to the Build it to Billions podcast, where we guide successful entrepreneurs and investors on their journey from millions to billions. We believe the key to scaling and compounding your wealth in life starts every single day with the mindset and practice of stewardship over ownership and applying billionaire biblical principles. Our ultimate goal is help you scale and compound your wealth in life, so you give more all the way to help MVPs. My name is Brett Swarts. Each and every episode, we’re joined by the world’s top wealth entrepreneurial millionaires or billionaires, where they share their secrets and insights with us, so we can all level up, make a bigger impact. I’m excited about our next guest. We’re actually going to be talking about today building your personal family office, and maybe a couple other topics that have to do with building wealth in a very strategic and discerning way. And our next guest is the founder and CEO of Patheon Investments. He’s the creator of Wealth OS, author of the Holistic Wealth Strategy, and host of the Wealth Strategy Secrets of the Ultra Wealthy. After more than two decades studying how affluent families build, protect, and transfer wealth, he has developed an integrated approach for entrepreneurs, physicians, executives, and other high-income families whose financial lives have outgrown fragmented advice and so much more. Please welcome to the show with me, my friend Dave Wolcott. Dave, how we doing?
Dave
Doing awesome, Brett. Really grateful to be here and connect with you and your audience.
Brett
Likewise, and for our listeners getting to know you for the maybe the first time, maybe give us a little bit more about your story and your current focus.
Dave
Yeah, for sure. I mean, so I was raised in a middle-class family in Connecticut and was told that the recipe for success was go to school, get good grades, and you’ll get a job, and life would just work out. And we didn’t, frankly, really talk much about money, right? We didn’t talk about any wealth strategies, money. All I knew was, you know, Dad was kind of working hard, so I followed that path and that recipe. Went to school and actually did the ROTC program. Got to join the Marine Corps, travel the world, become combat tested, and really learn some things they don’t teach you anywhere else, such as leadership, teamwork, and integrity. And then shortly thereafter, started raising a family. Had an 18-month-old, and then on October 24th,2000, we literally had triplets and quadrupled the size of my family overnight. So, the first thing I went to do was to go see my financial planner, and he was telling me that, look, just max out your 401k. You can do 529 plans for the kids, but here I am thinking, you know, it’s a million dollars to raise a kid. I’m 26 at the time. I thought about retirement. I wanted a big future, and it was right then, Brett, that I just knew, you know, building wealth as a retail investor in the stock market was just not the answer, right? So, this launched me on this absolutely obsessive quest to figure out how are the top 1% truly building their wealth. So, I started investing in alternatives, everything from oil and gas to retail to raw land to single-family to multifamily short-term rentals, like you name it. And over the next 20 years, I built a phenomenal portfolio, and then really started Pantheon to help other investors really learn the strategies of the ultrawealthy and top family offices and sovereign wealth funds and really pass on a lot of those strategies to people. You know whether your you know net worth is 4 million or your net worth is 50 million. Right, there’s a lot that we can learn, and putting all of these strategies together, I’ve found also that there’s just no solutions in the marketplace because if you go see a typical financial advisor, right, they can help you with your equity’s portfolio, right. But when you start to ask them, how does that integrate with my tax strategy? How does that integrate with my estate planning, right? How does that integrate with my risk management plan? There’s really nothing there, and that’s what family offices do. But it typically, you know, that starts when you have net figure, you know, nine figure net worth.
Brett
Amazing, Dave. By the way, you can learn more about Dave Wolcott when he’s doing. But goon to PathionInvest.com. PathionInvest.com. Build a legacy of wealth and unlimited freedom. Yeah, I think that’s you know too often the rich dad poor dad, fourth quadrant, Robert Kiyosaki. They never get there, and I’m with you. Like you know, I’ve got five kids, and no triplets, but sometimes it feels like you know the oldest three are pretty close, about a year apart each, and you go, do I really want to wait till I’m you know 60 or 70 to like you know this. Traditional retire right and rich dad poor dad gives you that next that next opportunity to think beyond that and get past with cash flow to replace your time. But most people never get to that fourth quadrant, and you know I think that’s really, you know transformational when you get there.
Outro
So, so if you like this little, short clip of the interview I just did, click over here to watch the full interview, and please don’t forget to subscribe. Thanks so much, everybody.
Watch the episode here:
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About Dave Wolcott
Dave Wolcott is the founder and CEO of Pantheon Investments, an entrepreneur, and a Marine Corps veteran with more than two decades of experience in alternative investments. He helps entrepreneurs and investors explore wealth-building strategies centered on passive income, tax efficiency, diversification, and multigenerational planning.
Dave is the author of The Holistic Wealth Strategy and host of the Wealth Strategy Secrets of the Ultra-Wealthy podcast. Through his work, he shares a comprehensive approach to building wealth that connects financial decisions with greater freedom of time, purpose, and relationships.
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