Trends with Benefits #86: How to Approach Alternative Investments with Lorenzo Esparza
October 07, 2022
Listen Time 33:34 MIN
I meet with Lorenzo Esparza, CEO and Founding Principal of Manhattan West. Lorenzo shares his tips for starting his wealth management business, including the importance of building a proprietary strategy and hiring quality people. Additionally, we explore how to allocate to alternatives and what advisors should keep in mind. Lastly, we talk about Lorenzo’s approach to multifamily real estate investing.
04:00 Building a Client Base
05:03 Business Lessons from the Pandemic
10:00 Proprietary Strategies
14:54 Multifamily Real Estate Investing
19:41 Advice to Advisors
21:51 How to Allocate to Alternatives
24:10 Digital Assets
29:00 Long–Term Trend
Trend or Fad
Listen for Lorenzo’s take on alternative protein, battery storage systems, direct indexing, and bucket list living.
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