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Providers Properties and Performance

Sep 13, 2022

Private banking is a fascinating topic that can be a very practical tool for today’s physician investors. I invited Seth Hicks of Private Banking Strategies on the podcast to uncover the benefits of private banking for physicians. 


Seth is an attorney, private banker, and asset protection expert who helps high net worth individuals become their own bank and set themselves up for successful generational wealth building. Join us as we discuss how private banking can help you protect your assets, keep what you make, and enjoy better tax advantages.

In this episode, we talk about:

[2:18] Seth’s 3 decades of experience protecting assets

[3:24] The core benefits and value of private banking

[4:41] How to create a bulletproof vault and keep what you make

[9:33] Why good insurance coverage isn’t enough

[11:06] How to borrow money from a life insurance policy

[12:22] Tax differences between using your 401k and a life insurance policy

[13:20] A transaction walkthrough

[16:21] Tax-free growth

[18:51] The calculations behind maximum whole life insurance availability

[20:12] Seth’s first job 

[20:35] What Seth would be doing if he wasn’t a private banker, asset protection expert, or an attorney

[21:14] What Seth is currently reading or listening to for news, information, or inspiration 

[24:12] What Seth does for healthy self-care

 [24:34] Seth’s thoughts on whether leaders are born or trained


Thank you for tuning into the Providers, Properties, & Performance podcast!



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