MB520: The Wealth Leaks Costing You Thousands Every Year (And Why Your Advisors Miss Them) - With Andrew Majd
Financial Freedom with Real Estate Investing
Michael Blank
4.7 • 577 Ratings
🗓️ 20 April 2026
⏱️ 38 minutes
🔗️ Recording | iTunes | RSS
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Summary
In this episode, Michael Blank sits down with Andrew Majd of Dew Wealth Management to break down what true wealth management actually looks like beyond just investing. From tax strategy and alternative investments to insurance, estate planning, and building the right professional team, Andrew outlines a comprehensive “Protect, Grow, Manage” framework that high-net-worth individuals can use as a checklist for building—and keeping—wealth. This episode is a must-listen for anyone looking to close the gaps in their financial strategy and take a more proactive, holistic approach to wealth.
Key Takeaways
- Wealth management goes beyond investing — it includes protection, tax strategy, estate planning, and team coordination.
- Insurance and asset protection are often overlooked, yet they’re the fastest way to lose wealth if done incorrectly.
- A proper estate plan (especially a revocable trust) is critical to avoid probate and protect your legacy.
- High-net-worth investors should diversify beyond stocks and bonds into alternative assets like real estate, private credit, and more.
- Proactive tax planning can save significant money, but most CPAs are reactive unless pushed or supported by a strategist.
- Your financial professionals must work together — lack of coordination creates costly gaps and inefficiencies.
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Resources
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Get the Book, Financial Freedom with Real Estate Investing by Michael Blank
For full episode show notes visit: https://themichaelblank.com/podcasts/session520/
Transcript
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| 0:00.0 | Hey, do you makers, welcome to the show where it's all about financial freedom. Let's do this. |
| 0:11.7 | So we talk a lot about financial freedom here and how you really grow wealth. And then at the |
| 0:15.9 | end of the day, really, how you keep it as well. And to that is also taxes. How do you minimize taxes? Real estate is a |
| 0:23.1 | fantastic mechanism to be able to pay less taxes while you're growing wealth. There's also asset |
| 0:29.2 | protection that goes around it here. So I want to shine a light on really wealth management. |
| 0:33.9 | What are the elements of a wealth management, almost like a checklist? What are the things |
| 0:37.6 | that you need of thinking about that you can work on here? And it doesn't have to be done tomorrow, |
| 0:41.3 | but it's something that you work on over time. And I brought on Andrew Maj. He's with one of the |
| 0:46.8 | lead advisors that do wealth management. I started working with them a number years ago, |
| 0:51.2 | and they're kind of unusual. So kind of a boutique wealth advisory firm serving high |
| 0:55.7 | net worth entrepreneurs, W-2s, real estate investors, kind of what they call through almost like |
| 1:01.2 | a fractional family office model, right? So family office typically has a team, they have a legal |
| 1:06.1 | team, insurance team, tax advice, all those things. |
| 1:14.4 | And it's usually only for, you know, $100 plus million net worth. And what do wealth provides is basically access to a fraction of a fractional family office model. |
| 1:22.9 | And so one of the reason I brought Andrew on is because what we're going to go on in the, in the show here, |
| 1:27.2 | is really |
| 1:27.5 | kind of a checklist of everything that you need to pay attention to. So it's not just what |
| 1:32.5 | investments you need to make. Also, alternative investments, what's important there, what's |
| 1:37.3 | a keep in mind tax strategy. But we also talked about estate planning, asset protection, |
| 1:46.1 | things like insurance policies, |
| 1:49.6 | things like making sure you have the right professionals on your team and they're talking with each other. |
| 1:50.8 | So this is what we want to shine a light here today. |
... |
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