Summary: In this episode of Wealth on the Move, host Will Hoffman speaks with Mark Miller, managing director of the Hilton Family Office, about the strategies and mindsets that have allowed the Hilton family to build and preserve their wealth across generations. They discuss the differences between retail and smart money investing, the importance of a long-term mindset, and the shift from traditional pension plans to 401(k)s. Mark shares insights on legacy planning, the significance of education for future generations, and how to structure investments for safety and growth. The conversation emphasizes the need for individuals to take responsibility for their financial futures and the value of understanding wealth management principles.

Resources: 

• Link to Buy Hilton Wealth: How To Invest Like An American Dynasty
• Link to Buy The Tax-Free Business Owner
• Listen to Hilton True Wealth Podcast on YouTube
• Hilton Wealth Website
• Follow Mark on LinkedIn

Takeaways:

• The smart money operates with a long-term mindset.
• Investors should focus on safety and security over chasing returns.
• Education is crucial for passing wealth to future generations.
• The average baby boomer is retiring with insufficient savings.
• Wealth building is a personal responsibility.
• The Hilton family prioritizes safety in their investment strategies.
• Long-term thinking can lead to better investment outcomes.
• Investments should be structured to minimize downside risk.
• Family education on wealth management is essential.
• Time is a key factor in building and preserving wealth.

Connect with Will Hoffman: 

• Hoffman Wealth Management
• (724) 522-5411
• will@hoffmanwealth.com
• LinkedIn: Will Hoffman 
• Facebook: Hoffman Wealth Management 
• YouTube: Hoffman Wealth Management

 

Mark Miller and Hilton Tax & Wealth Advisors are not affiliated with Hoffman Wealth Management and Private Advisor Group.

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