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Simplify ETFs: Interview with Brent Uhlenhopp
54 Plays11 days ago
About the Guest(s):
Brent Uhlenhopp is a financial expert with a rich background in the finance and insurance industry. He is currently an ETF manager at Simplify Asset Management, a company renowned for its innovative financial solutions. Brent holds a degree from the University of Iowa and has previously worked with major finance groups such as Wells Fargo and Principal Financial Group, where he gained extensive experience in investment products and mutual funds. He joined Simplify in mid-2023, attracted by the firm’s cutting-edge approach to incorporating derivatives to enhance ETFs.
Episode Summary:
On this episode of the Uncommon Wealth Podcast, host Phillip Ramsey welcomes Brent Uhlenhopp, an ETF manager from Simplify. The conversation delves into Brent's professional journey, highlighting his transition from Principal Financial Group to the innovative startup Simplify. Listeners are introduced to the intriguing world of ETFs and the unique strategies Simplify employs to offer diversified and robust investment products. With a broad background in financial services, Brent shares his insights on how regulatory changes in 2020 enabled more dynamic use of derivatives in finance.
The episode explores Simplify's forefront role in revolutionizing ETFs by leveraging options and derivatives to enhance returns and provide downside protection. Brent and Phillip discuss Simplify's unique offerings, including their highly impactful Simplify Healthcare ETF, ticker symbol "PINK," which donates proceeds to the Susan G. Komen Foundation for breast cancer research. Brent articulates the importance of innovation in financial instruments, making institutional-grade strategies accessible to retail investors.
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Transcript
Introduction to The Uncommon Wealth Podcast
00:00:00
Speaker
Everyone dreams of living an uncommon life and the best asset you have to achieve your dreams is you. Welcome to the Uncommon Wealth Podcast.
00:00:12
Speaker
We're going to introduce you to people who are living uncommonly. We're also going to give you some tools and strategies for building wealth and for pursuing an uncommon path that is uniquely right for you.
00:00:26
Speaker
Hello and welcome everybody to another episode of the
Meet Brent Ulenhop from Simplify
00:00:29
Speaker
Uncommon Wealth Podcast. where I'm your host, Philip Ramsey. Today we have a guest, a very smart guest, with one of our managers that we like to put money with. It's called ETF.
00:00:38
Speaker
It's Brent Ulenhop with Simplify. So Brent, welcome to the show. Hey, thank you, Phil. Happy to be here and looking forward to having a great conversation today. Yeah. Okay. So I want to kind of dive in on you as a person first and how did you land
Career Shift from NFL Aspirations to Finance
00:00:51
Speaker
of Simplify? Because this is always something you wanted to do from the first moment you woke up when in your first grade year. Like, I want to work as ETF manager. i want to do some kind of finances. Was that your background?
00:01:02
Speaker
What was it? Let's talk through that first and then we'll dive into Simplify. Right. Absolutely. And You know, obviously i think growing up, you know, I was like most or many kids in America, you know i wanted to be an athlete, you know, be in the NFL. I thought it was going to be some type of superstar. So always kind of had that, you know, alpha personality a little bit. And I think, you know, as I went to school, I went to the the University of Iowa, did business school there and really didn't know specifically what I wanted to do. I knew I wanted to you know interact with people and be in an occupation where you could make a good living.
00:01:35
Speaker
Didn't want to go to school my entire life you know to be you know a physician or something like that. So I kind of ended up in the city where I landed after college. Des Moines, Iowa is a very heavy finance and insurance kind of background. So it was kind of a natural trend for me to end up at, ah first off, Wells Fargo, where I did a couple of jobs. Uncle Wells. Yeah. Exactly. Everybody's been there and some have fond memories, some do not.
00:02:03
Speaker
So I did a few things right out of college there, kind of in the mortgage and banking realm and got my you know foot in the door, got some experience, you know built the resume up, if you will. And then in 2008, I joined a principal financial group where I spent ah the vast majority of my career is about 15 years there.
00:02:22
Speaker
What in what form there? What were you doing? So initially, I started in our insurance side, or in their insurance side, I should say now. It's it's been so long. you know I was there for so long, I keep saying us, but it's them now. So started in their insurance side, worked there for about four years. And and right when I started was right about the time the 2008-2009 global financial crisis hit. So that was quite an experience.
00:02:44
Speaker
Fortunately for me, you know I was young and just out of school, so I didn't you know have a ton of accumulated wealth, but that was quite an experience because principal at that time had laid off about 10% of the workforce, and i managed to survive that primarily because I was in a sales and marketing type of a role, and those were typically the last positions they cut out. So very fortunate on that front.
00:03:05
Speaker
Spent about four years there, went over to their investment side, ah principal global investors specifically as the department there, and worked in our distribution or in their distribution area, basically wholesaling, if you will, the the terminology or selling to financial advisors, our investment products, mutual funds, ETFs, and some other you know similar pool investment vehicles and did that, like I said, for about 15 years. And how I became aware of Simplify, which is this, you know,
00:03:36
Speaker
pretty much brand new company.
The Founding and Growth of Simplify
00:03:37
Speaker
We're about four years old, founded in 2020. Our CEO and co-founder, his name is Paul Kim. He's ah an industry veteran, and very well known in the ETF world.
00:03:47
Speaker
He spent five years at Principal and helped to launch and develop their ETF distribution from 2015 to roughly he left to start simplify And ah that was really how I became aware of simplifying. A few colleagues of mine from principal joined, and you know i eventually went over last summer in the middle of 2023 for really a new change and to try something new.
00:04:11
Speaker
ah Just with the opportunities that presented themselves and basically fell on my lap, I thought it was a once-in-a-lifetime opportunity for my career development to kind of take something take on something new and and innovative. i'll I'll leave it at that. Yeah. Yeah, Brent, I want to go back to that. But let's first just kind of talk through just the ETFs and the the mutual funds. There's a lot of things that you're saying that some of our listeners like, what in the world is he saying right now? um But before we go into that, has it been a good transition? Are you happy you made the the switch? Yeah. Oh, absolutely. I couldn't be happier. Could you imagine you'd be like, no, I hate it, actually. This is the worst thing Exactly. As somebody you know on the management team listens into this somehow. right now I couldn't be happier with the move. It's been you know a lot to take in, but it's been ah a phenomenal learning experience really for me going from...
00:04:58
Speaker
you know Fortune 500 America, principle 150 years almost of existence to a new startup essentially. and yeah Getting really involved in a lot of the different aspects of a business, an investment management business that I had never had any you know privy to basically at principle yeah during my time there. So it's been very new and exciting, but a great learning experience. and yes Simplify, the reason why we are we like you guys is you do things very differently. I would say, let's just go after it and say uncommon. So, but let's start talking about the ETF world because there was a lot of times back in 2008, mutual funds were the thing.
00:05:35
Speaker
They were basketing all these kind of stocks right and investments and kind of putting it it in and then you had to trade it. It's kind of confusing. ah But why did, let's just start talking about mutual funds and then why did Simplify go to ETFs and what are ETFs? So let's start with the mutual fund. We can talk through that a little bit and then we'll move to what are ETFs. Right. So ETFs and mutual funds are similar in some ways and then obviously different in in other ways. So in general, mutual funds in and ETFs or exchange traded funds are pooled investment vehicles. So ah the most common example and probably what you know many in the audience will we'll understand is you know take a ah large cap.
00:06:15
Speaker
mutual fund or ETF of of the S&P 500 companies. So you basically have this pool of all, say, 500 companies, some will whittle it down to just the the ones that they like.
00:06:25
Speaker
And you basically have that in this wrapper, whether it's a mutual fund or an exchange traded fund. So you have more diversification, you know, if if some of those stocks do poorly while those do do well, you basically kind of average it out and just have, again, more of a diversified portfolio. I think you know modern portfolio theory is something most financial advisors like yourself so you know implement and in and things with
ETFs vs Mutual Funds: Advantages Explained
00:06:49
Speaker
your clients. So in a nutshell, mutual funds and ETFs are are similar in that they're a pooled investment vehicle for a particular you know market. You can also do it in in things like bonds and commodities, sure what have you.
00:07:04
Speaker
Really the advantages of an exchange traded fund or an ETF over a mutual fund are daily liquidity and and daily trading on the exchanges throughout the day. So you're able to basically trade it like a stock throughout the day as the market you know is trading.
00:07:23
Speaker
You also have ah typically more tax efficiency and you typically have a lower cost relative to a similar mutual fund. So for those reasons, I mean, as as an example, you know if you recall in 2022, pretty rough year for stocks and bonds.
00:07:39
Speaker
Mutual funds, specifically, like if you look at a large cap fund, you may have gotten a cap gain capital gains distribution for double digits in 2022 while that fund was actually down double digits. So that didn't make sense.
00:07:52
Speaker
Yeah, I think it doesn't really make sense in a lot of investors' minds. And that's one reason, one example why an ETF or an exchange-traded fund is what we consider kind of a better mousetrap to invest in a similar asset class or strategy, but to do so more efficiently and effectively. Right.
00:08:08
Speaker
Because mutual funds, you say that you want to get out of it, let's say, because this is the verbiage that my listeners... you want to get out of this trade, you want to get out, you want to get your money out. Well, then it has to wait till the end of the day to figure out what that price of the wrapper or all the investments are in it.
00:08:23
Speaker
have to wait. Well, exchange traded funds, like you can do that, like right when you want to get out, like they could go to market and you can sell it. So that's one of the reasons I also to think it's, it's just a little bit more cost efficient as an ETF or exchange traded fund versus a mutual fund. So I would agree with all those things you said. Cool.
00:08:43
Speaker
Okay, so now let's talk through Simplify. We have Paul Kim, who's rocking and rolling. Yes, sir. How long? It's been four years, right? and Four years. Okay. And what was like the initial brainchild of like, we got to do this? Usually it's like one investment, but this is going to be great. And now it's morphed into many other things. Right. What was that one thing that Paul thought? You know, there were a couple...
00:09:04
Speaker
primary reasons that Paul and the other founder, co-founder of Simplify, Dave Burns, created the the company. First and foremost, there was a regulatory change with the Investment Company Act of 1940. So that's the basically the SEC legislation that kind of oversees these mutual fund and any ETF products in general.
00:09:26
Speaker
There was this rule change called 18F-4. I won't get too much into the details, but this this part of the rule or this rule change enhanced this Investment Company Act ah back in 2020, beginning of 2021, and allowed for mutual funds and ETFs and, in general, these pooled investment vehicles we've been referring to, to better utilize and implement derivatives into into these types of strategies. And by derivatives, you know many may be familiar with options or futures. you know These are synthetics of the underlying security policies.
00:10:02
Speaker
or the underlying stock or bond, basically. So being able to do that allows companies like Simplify and many others out there that have sprung up over the past four years to ah generate portfolios with higher income, with lower drawdown risk, with less volatility, to be better diversified against a a typical 60%, 40%, or stock, bond portfolio.
00:10:28
Speaker
so i think that was the overriding factor that ah you know Paul and Dave and and the folks at Simplify utilized and took advantage of to start this company. They saw kind of the writing on the wall that there was this opportunity out there.
00:10:42
Speaker
And another you know ancillary factor was just the fact that where Paul was, at my former employer, you know They, at the time, were not kind of the innovators, if you will, weren't really interested in managing these types of very, some would say, higher-risk types of strategies, very complex um you know types of products. so you know Those two things, I would say, were the the primary factors of why Simplify really got off and running at the wheel in 2020. It's Principal Financial Group. It's Manila to the T. I've started Principal Nice. funny Yeah.
00:11:17
Speaker
So I love it. So he sees an opportunity and derivatives are powerful, but
Innovative ETF Strategies for Baby Boomers
00:11:21
Speaker
they are confusing if you don't understand them. So I could see like a big company like principle, like I don't want anything to do with it. Tried and true. We're doing what we're what we know it's path.
00:11:31
Speaker
But I like the people who see an opportunity and then figure out the opportunity and let other people access the opportunity, which is basically what Simplify has done. 100%. Okay. Okay. So you get into the derivative world, you step into this, Paul and then Dave Burns, they get together. They're like, hey, let's start this bad boy. yeah They say, okay.
00:11:49
Speaker
So how does that even start? Like, are where are you based out of? Are you based out of Des Moines? So technically our headquarters, but you don't necessarily have a brick and mortar office per se, because most of us work remote, you know, like yourselves and like your errands.
00:12:02
Speaker
New York City was where a lot of our kind of beginnings took place and and Las Vegas now is where Paul. lives So Dave is in New York, Paul is in Las Vegas. So technically, those are kind of our co headquarters, if you will, but ah the employees, you know, myself and roughly 40 or so that make up simplified today work you know remotely from our home offices and we're spread out throughout the country. And a lot of industry veterans from both traditional asset managers like Principal, Financial Group, and myself, we have many others from you know other well-known firms like PIMCO, for instance.
00:12:36
Speaker
And then some kind of from that institutional and hedge fund world. We're at Simplify. you know We're trying to bring institutional and hedge fund style investments to everyday investors. right And just an example that we like to throw out there You look at the Yale Endowment, for instance, and Yale is very well known for using alternative investments and private types of assets that retail investors and oftentimes retail advisors even are able to access. Right. So, you know, you just look at a...
00:13:05
Speaker
trailing 20-year history, for instance, and they've outperformed, the Yale Endowment has outperformed you know the 60-40 stock and bond traditional portfolio by 4% a year annualized. So just massive outperformance and massive opportunity. And that, again, was a leading factor in Paul and Dave and the Simplified crew to to kind of identify these opportunities where you know retail investors have heard of these things. They want access to them. So if we can package them in an accessible wrapper like these exchange-traded funds or these ETFs, you know it allows them to be implemented into portfolios, build better, more innovative portfolios with you know higher risk-adjusted returns, if you will. So that's, again, what we're trying to do and we're trying to democratize, if you will, institutional investing and, again, bring that to the masses. it Sounds uncommon.
00:13:54
Speaker
I like it. Okay. So First off, you had one and like investment that people could step into, and now how many do you have currently? Yeah. So we launched, I wasn't there at the beginning. I joined about a year and a half ago, but we launched initially kind of some, what we called equity convexity strategies. So basically it was you know ah an equity ah stock portfolio of the S&P 500 or something similar with either you know some call or put options utilized in there to to help with upside or downside, kind of as markets moved one way, you could
00:14:28
Speaker
kind of amplify the returns. It's this concept of convexity, if you will. So you can use these derivatives and and options specifically in this example to kind of ma ah magnify upside or downside in the markets. And that's kind of where Simplify started.
00:14:43
Speaker
And today we have about 30 ETF products wow and ah just over 6 billion in assets under management, very strong organic growth. In fact, ah There was an article out a week or two ago, and we were the second highest or had the second highest growth rate amongst ETF companies today. So again, starting as a smaller company. Yeah, very huge. That'll go parabolic on you quick. I hope so. yeah keep ah Keep the trend going. but ah So we've, again, developed these different products. And a lot of our ideas come from you know investor demand or or what...
00:15:14
Speaker
you know clients want. you know We may start with an outcome. We want ah the S&P 500 with lower drawdown risk. So you you hear a lot of chatter out there now about these buffered ETF products where you can still um capture a lot of the gains of the market, but also have protection on the downside. And that's a concept that you know is often found in annuity products and other things where might have lockup periods. But with an ETF, you know you have that daily liquidity. So that's an attractive opportunity or selling point against you because everybody's like describe your best investment this is oh gosh this is like annuities like they love it describe your best investment okay i get all the upside and no downside like that would be the best investment well then we're like oh here's this annuity you don know like have it and the upside is like dismal the downside is protected but it's like i want it to grow actually and so that's what i think these buffered products gives you access to like maybe you won't go all the way down to the whole maybe you get the first 20 protected on the downside but you can get a lot of the upside now you might not get all of it but you still have known assets and known investments that you know s&p like i know that for some of these annuities they have like the barclays global hedge fund you know like what is that and how is that so it's very known investments that you can look up the tickers right that the other so I like that strategy for some clients, um especially for the ones that are like, oh, it's getting close and I don't i can't afford the downturn.
00:16:43
Speaker
That's something that we'll look into yeah for sure. so yeah And and ah in addition to that, you know a lot of what Simplify does, there's also this concept out there that's that's kind of innovative and and cool, especially as we're getting close to Halloween. But this boomer candy concept where...
00:16:57
Speaker
you know You have all of these ah baby boomers who are retiring, and you know by 2032, all of them will be 65 or greater. So, I mean, a massive amount of wealth out there. And typically, a baby boomer wants you know higher income, drawdown protection. They want lower volatility, but they still want to you know participate in the stock market, of course. you know For instance, fixed income and bonds have...
00:17:19
Speaker
been a challenge over the last decade plus, you know, for many reasons, but this boomer candy concept, you know, plays into what we do at Simplify and and you again, what what other firms are doing similar to us, but, you know not only having this buffer, this downside protection available in in an ETF wrapper, but also things that can generate additional income, which, you know, most folks in retirement are looking for, ah you know, a steady income stream with the least amount of risk. And by using derivatives and things of that nature, you can build portfolios that you know have higher income and all of the kind of the desired characteristics of what you know this baby boomer generation is is looking for. That's really cool.
00:17:59
Speaker
Okay. And then, so the real reason why we wanted to have you interviewed is, so this is October that we're shooting this and October is Breast Awareness Month yep and you have a pink fund it's called.
Supporting Breast Cancer Research with the Pink ETF
00:18:11
Speaker
So what is that?
00:18:12
Speaker
And tell us how that even started. Give us a little bit of background that Yeah, absolutely. So the Simplify Healthcare ETF, its ticker symbol, as you mentioned, is pink. um What it is, it's really the first pro bono, or essentially our portfolio manager, Mike Taylor, is doing it pro bono.
00:18:30
Speaker
We take the net proceeds of the investment and donate that to the Susan G. Komen Foundation. So ah for those that aren't aware, Susan G. Komen is a world-renowned breast cancer research institution.
00:18:43
Speaker
um Since 1989, breast cancer mortality has dropped by 40%, something you know crazy like that. And it's something that typically touches every every person. I mean, one in eight women will at some point have a diagnosis of breast cancer, which is eating yeah which is insane. i mean you know We both have daughters, obviously, yeah friends and family. So I think that um is one thing that sets us apart and is very unique is that we donate that, again, net proceeds to the Susan G. Komen Foundation. and And since the fund launched or the inception back in October of 2021, so it's been around just over three years, we've donated several hundred thousand dollars to the Susan G. Komen Foundation. Most recently, a couple of weeks ago, we donated
00:19:27
Speaker
did ah a check ceremony at the New York Stock Exchange for $100,000 too. So that right there, you know for those who are looking for an investment that you know is doing better you know for just the world in general, you know you might have um you know some who who look at you know those factors as far as an investment criteria.
00:19:46
Speaker
is one thing. And and you know also the strategy itself has been a very, very strong performer in the healthcare care sector itself. So the portfolio manager, his name is Mike Taylor. He's a scientist by trade. He went to john ah John Hopkins and was in the scientific community for a number of years. And then for the last 20 or 25 years, is he's been managing healthcare for from both ah an ETF standpoint with us for the last few years. Prior to that was with a couple massive hedge fund groups where he healthcare there. And um also ran a pretty large strategy ah at ah Oppenheimer as well. So very, you know very strong industry veteran, has a lot of connections in healthcare, but he's running this this pink portfolio to not only outperform, but also to do better you know for society in general. That's cool. Okay. So I'm going to give you a little time just to like, what ticker symbols do you like? Cause I know that some of our listeners will geek out about this and we'll go and look at them just to see, Hey, simplify. What is this? Let me see kind of a track record.
00:20:45
Speaker
Um, also know that this is for educational purposes. This is not for like, Hey, this is what we're telling you to go by. That is not what we're saying. So that's my disclaimer. Cause I am the compliance officer for the company. So there you go there you go. But what are the ones that you like? What are the ones that you kind of get you excited? What are people kind of gravitating to?
00:21:01
Speaker
Are you asking just in our lineup in general or within Pink? No, with your lineup in general. Yeah, perfect. So aside from Pink, you know we see a lot of interest in, a again, some of these these higher income generating
Popular ETFs from Simplify
00:21:12
Speaker
strategies. I think are you know one of our top ah ETF products is SVOL. It's SVOL. It's the Simplify Volatility Premium ETF, and it's more of an equity-like income product.
00:21:26
Speaker
It's um you know a five-star rated Morningstar strategy, kind of in that large cap space or or that stock space that many are familiar with. But we're able to generate a roughly 15% distribution yield on that while still participating you know with the majority the of the the stock market returns. So that kind of along the lines of that baby boomer concept, you know we have a very high distribution on there has been very popular with you know many types of investors out there.
00:21:53
Speaker
so you know so several of our income products. so We have a core bond or you know basically what a core bond a portfolio is. It's a a portfolio of US treasury bonds, US investment grade corporate bonds, and then these things called mortgage backed securities, which are basically mortgage loans bundled and packaged and essentially sold off as kind of a pooled investment vehicle, similar to you know a mutual funder and ETF. And We have a product, AGGH, which is our play on that core bond allocation. And we do kind of enhanced income overlay through the use of options and and some of these derivative products that we've touched on a little bit. So I think those two in general, from an income income standpoint and just from ah an asset class standpoint where they fit into traditional portfolios pretty well, sure you know I think are two... um
00:22:45
Speaker
you know two popular strategies that make sense or could make sense for you now depending on again you know your risk tolerance and and all that you go over it with your financial advisor but just again two uh kind of our income products that have really had good traction for us so let's talk about the svol um how much are like a fee for that like what's the internal fees on that Yep. ah So, you know, with active, actively managed ETFs like we do at Simplify, you're typically looking at ah a management fee of 30 to 70 basis points, specifically on the S-Fall product, it's 50 basis points. So you're paying for that because we're doing some really unique, again, institutional available, you know, things that are only available in the institutional world and and specifically in S-Fall.
00:23:28
Speaker
We are doing some things with shorting VIX futures. So VIX is the volatility index. It's basically the you know measure of of implied volatility in the marketplace. So when the VIX goes up, typically stocks go down.
00:23:41
Speaker
We're able to do this kind of... harvesting a premium in there. I'll keep it simple, but that's part of the kind of the secret sauce of how we're able yeah to have this massive distribution and to be unique and different you know and be additive to a portfolio where we don't necessarily want to be the next ah large cap manager or or provide that beta that you can get so easily out there, but to do something different. And to remind the listeners, like this is for a portion of your portfolio. It's not for everything.
00:24:09
Speaker
And certainly based on risk tolerance right and and discussions with your financial advisor, absolutely. And then AGGH, what's that expense ratio? That one is, i want to say, 35 basis points roughly, so not quite as much.
00:24:24
Speaker
or quite as high as S-fall. Typically in in fixed income, it's not quite as um you know actively managed in a lot cases. So that one, yeah, it kind of falls in that you know around a half a percent a year, roughly. and then Simplify doesn't do it for free. You know what I'm saying? Right. Yeah, I get it. Okay. So what are you excited about in the future? What is in store for Simplify, you know asset managers, the ETFs? What do you see in the future for Simplify?
00:24:49
Speaker
You know, we continuously are are launching new ETF products out there. And we're also branching off into a couple couple other areas of the market that I won't get into. But, you know, I think what's exciting is that we have these new products continuously
Future Innovations and Partnerships at Simplify
00:25:03
Speaker
coming out. We recently launched a municipal bond portfolio oh that has this income overlay on it. So that's one of our newer products.
00:25:11
Speaker
And, you know, as as we kind of grow and evolve over time and we have more, you know, ideas coming from our current investors and just seeing what's what's of interest in the marketplace, you know, we have the ability to really come up with, you know, whatever's desired. And another thing we do at Simplify is we're able to, if we're not able to, you know, maybe create that portfolio ourselves, we'll use sub-advisors or research partners to help us to to develop and implement these products.
00:25:41
Speaker
You know as an example, we have a... what's considered kind of an alternative investment style product. It's a managed futures ETF that we partner with a hedge fund group out of Europe. And managed futures are really like commodities, exposures, and things that are not your typical stock or bond allocation. So things like that as an example, you know where we can you know partner with others in the the investment world to bring the best solutions to our investors. That's good.
00:26:07
Speaker
Okay. So if our listeners want to reach out to you, Brent, how would be the best way to do that?
How to Connect with Simplify for Investments
00:26:11
Speaker
you know You can go to Simplify's public website. It's www.simplify.us, and there are several ways to contact us you know via email or or phone call. You can reach out that way.
00:26:25
Speaker
ah we have a very you know intuitive and user-friendly website. So I would say that's the best way to get information and to you know contact one of us if you'd like to have a further discussion or get more information. That's perfect. Well, thank you for all your knowledge. Thank you for just Simplify, for stepping outside of the box, seeing an opportunity and capitalize on it.
00:26:43
Speaker
We've been super grateful just to be able to have access to the investments that you have um just in the portfolio. And so thank you so much just for being here. ah Thank you listeners for listening. Until next time, go be uncommon.
00:26:57
Speaker
That's all for this episode brought to you by Uncommon Wealth Partners. Be sure to visit UncommonWealth.com to learn more about our services. Don't miss an episode as we introduce you to inspiring people who are actively pursuing an uncommon life.