Streams to Impact

Allen Lomax

🎙️ Streams to Impact You’ve spent your life helping others—solving complex problems, building systems, saving lives.  But when it comes to your own financial future? You're realizing... the tools you were handed don't build freedom. They build pressure. Streams to Impact is a podcast for high-performing professionals who didn’t choose their path for status or money, but to make a meaningful difference. Now, you want your wealth to do the same. Hosted by Dr. Allen Lomax, a psychologist-turned-investor who lost everything in 2008 and rebuilt with presence over pressure, this show explores how trust—not tactics—is the real foundation of lasting wealth. Through intimate conversations with experts in alternative investing, you’ll discover how to: Reclaim your time, energy, and creative sparkInvest with integrity and intentionBuild wealth that lets you be more, not just have more This isn’t hustle culture. This isn’t passive income hype. This is a return to what matters. A new kind of wealth that is built on trust, not transaction. You’ve given so much. Now it’s time to build a life that gives back to you.

  1. Trust Over Tactics: Reimagining Wealth with Tad Fallows Episode - 572

    May 20

    Trust Over Tactics: Reimagining Wealth with Tad Fallows Episode - 572

    We'd love to hear from you. What are your thoughts and questions? In this episode, Dr. Allen Lomax sits down with Tad Fallows to explore the psychological and structural pressures faced by high-performing, affluent professionals. Tad shares insights from his journey of bootstrapping and selling a software company, which led him to found Long Angle—a peer-to-peer learning community of over 7,500 high-net-worth individuals. They discuss why traditional financial advice often breeds anxiety, how to shift from optimizing for more to optimizing for alignment, and how to use wealth as a tool for true personal freedom.  Achieving a high net worth does not automatically dissolve stress or resolve personal problems. Traditional wealth management is often plagued by misaligned incentives, where advisors are motivated by commissions and asset management fees rather than the client's best interests. True clarity and freedom come from peer-to-peer learning, understanding the baseline mechanics of your own wealth, and intentionally shifting focus from status-driven accumulation to buying back time and aligning capital with personal values.  Main Points:  1. The Origins of Long Angle The Post-Exit Gap: After selling his software company, Tad faced complex financial decisions (estate taxes, private markets, umbrella insurance) but found most advice came from institutional firms with products to sell.The Peer-To-Peer Solution: Long Angle was built to provide a fee-free, trusted space for first-generation wealth creators to share unconflicted advice without sales pitches.2. Why High-Net-Worth Individuals Still Feel Financial Pressure Habitual Risk Aversion: The very traits that help people build wealth—calculating risk and hyper-optimizing—can cause lingering anxiety about running out of money, even with a $25M or $100M net worth.Money Doesn't Solve Personal Problems: Money can easily solve minor operational friction (like hiring a gardener), but it cannot fix health, fitness, or strained family relationships.3. The Unique Dilemmas of First-Generation Wealth The "Resource vs. Liability" Parenting Dilemma: Wealthy parents face intense pressure regarding how to provide elite opportunities for their children without spoiling them or stripping away their drive to succeed on their own terms.The Purpose Vacuum: When a professional hits financial independence early (e.g., age 40) and removes the excuse of "working for money," they face the heavier existential pressure of deciding how to spend their time meaningfully.4. Flaws in the Traditional Wealth Management Model Misaligned Incentives: It is difficult to get objective advice from a commission-based insurance broker or an AUM-based wealth manager who might lose income if you choose to liquidate assets to buy a house.Peer Learning vs. Paid Advice: Sourcing insights from peers who have no financial stake in your decisions reduces the mental burden of second-guessing an advisor's true motivations.5. Shifts in Capital and Time Allocation Low Interest in Status Spending: First-generation wealth creators in the community tend to show very little interest in traditional status symbols like Ferraris, Rolexes, or designer clothes.Redefining Risk: Unlike inherited wealth holders who focus on minimizing volatility, self-made wealth creators generally have a higher risk tolerance, choosing to optimize for long-term expected returns over a multi-year horizon.Buying Back Time: Capital is increasingly deployed to outsource low-value, energy-draining tasks (e.g., hiring house managers or virtual assistants) while preserving time for high emotional-value activities, like parenting or community impact.6. Actionable Advice for Wealth Owners Don't Fully Outsource Trust: Much like managing a home renovation, you don't need to know every technical nuance, but you must understand the foundational basics (asset classes, taxes, fees, and correlations) to be an educated client.Connect with Tad Fallows:  www.longangle.comhttps://www.linkedin.com/in/fallows/https://www.facebook.com/longanglehnw/https://www.instagram.com/longanglehnw/https://www.youtube.com/channel/UCF9q0mD1Iv440sJHbwaq2TAPrivate Masterclass (Beyond the Paycheck): www.go.steetalker.com/beyond-paycheck

    21 min
  2. From Overlooked Land to Extraordinary Wealth with Wayne Seminoff - Episode - 571

    May 3

    From Overlooked Land to Extraordinary Wealth with Wayne Seminoff - Episode - 571

    We'd love to hear from you. What are your thoughts and questions? Discover how Wayne Seminoff, with over 50 years of experience, uncovers undervalued land and transforms overlooked properties into lucrative opportunities. Learn his mindset, strategies, and tools to succeed in real estate and personal growth. Wayne Seminoff’s career is defined by a winning streak that started on the wrestling mats of UCLA and transitioned into a 50-year legacy in real estate. After a brief corporate stint at IBM following his MBA at the University of Georgia, Wayne took the path of the independent entrepreneur. He specializes in a unique "junk to gold" niche: identifying undervalued, undeveloped land in prime urban locations. With a track record of turning small investments into massive returns—sometimes reaching a staggering $1,000 to $400,000 ratio—Wayne now teaches others how to spot these hidden treasures. Beyond the numbers, Wayne is dedicated to personal empowerment and "activating love energy" through his free resources at Activate Love Energy, The Future Was Perfect, and Ask Wayne Anything. Main Points: Undervalued land discoveryFixing and flipping junk lotsMindset for real estate investingLegal tricks to make land buildablePersonal growth through real estateConnect with Wayne Seminoff: wyne@isomedia.comwww.junklandintogold.comhttps://www.facebook.com/profile.php?id=61564882632771https://www.instagram.com/_askwayne/https://x.com/junkintogoldhttps://www.youtube.com/channel/UCoA1DkxPxYvhdYPe-l5kX9ghttps://www.tiktok.com/@_askwayne

    34 min
  3. Building Reliable Wealth Through Tax Sales and Real Assets with Brian Seidensticker - Episode - 570

    Apr 26

    Building Reliable Wealth Through Tax Sales and Real Assets with Brian Seidensticker - Episode - 570

    We'd love to hear from you. What are your thoughts and questions? In this conversation, Brian Seidensticker, an engineer turned real estate investor, discusses his journey into the world of tax liens and tax deeds. He explains how he transitioned from a traditional engineering career to discovering the investment opportunities within unpaid property taxes. The discussion covers the mechanics of tax liens and tax deeds, the potential for steady income, and how these investments can fit into a broader wealth-building strategy. Brian emphasizes the importance of understanding the process and conducting thorough research before investing, as well as the significance of enjoying one's work and achieving financial freedom. Main Points: Brian transitioned from aerospace engineering to real estate investing.Tax liens offer a structured investment opportunity.Understanding the mechanics of tax liens is crucial for investors.Investing in tax liens can provide predictable income streams.Research and due diligence are essential before investing in tax liens.Tax liens can be a secure investment when properly managed.Investors can start with small amounts, even under a thousand dollars.Tax liens can be integrated into a broader wealth strategy.Enjoying your work contributes to overall happiness and success.Financial independence is about having freedom from financial stress.Connect With Brian Seidensticker: brian@lastbestpartners.comhttps://www.lastbestpartners.com/https://www.linkedin.com/in/brian-seidensticker-90117021/https://www.youtube.com/@Taxsaleresources

    34 min
  4. Inside the Wealth Preservation Playbook of Top Earners in Sports, Music, and Entertainment with Richard McWhorter - Episode - 568

    Apr 12

    Inside the Wealth Preservation Playbook of Top Earners in Sports, Music, and Entertainment with Richard McWhorter - Episode - 568

    We'd love to hear from you. What are your thoughts and questions? In this conversation, Richard McWhorter, a Managing Partner and Private Wealth Advisor, discusses the complexities of wealth management for high-profile individuals in the entertainment and sports industries. He emphasizes the importance of understanding clients as individuals, the need for sustainable wealth strategies, and the role of financial literacy in preventing financial distress. The discussion also covers the significance of estate planning and proactive financial conversations to secure a lasting legacy. Main Points: Wealth is an identity problem, not just a math problem.Understanding clients' spending habits is crucial for effective planning.Many high-profile individuals face financial distress after retirement.Financial literacy is a significant issue for athletes and entertainers.Proactive financial planning is essential to avoid future distress.Estate planning should be the first step in financial management.Behavioral guardrails can help protect clients from poor financial decisions.Successful examples exist, but many face financial challenges.Creating a foundation for future income is vital for sustainability.Time and discipline are necessary for effective wealth management.Connect with Richard McWhorter: https://www.linkedin.com/in/richard-mcwhorter/https://srmprivatewealth.com/

    34 min
  5. Thinking Like a Family Office with Ashley Tison - Episode - 566

    Mar 29

    Thinking Like a Family Office with Ashley Tison - Episode - 566

    We'd love to hear from you. What are your thoughts and questions? In this conversation, Ashley Tison, a tax strategist and co-founder of OZPros, discusses the significance of Opportunity Zones as a powerful tax incentive for investors. He explains how these zones were created to attract private capital into underserved areas, allowing investors to defer and potentially eliminate capital gains taxes. The discussion covers the mechanics of investing in Opportunity Zones, the importance of community impact, and how family offices approach capital deployment strategically. Tison emphasizes the need for compliance and the common pitfalls investors face, particularly the critical 180-day window for capital gains reinvestment. Main Points: Opportunity Zones are designed to attract private capital into underserved areas.Investors can defer capital gains taxes by investing in Qualified Opportunity Funds.The program has mobilized approximately $150 billion into Opportunity Zones.Investing in these zones inherently creates positive community impact.Family offices prioritize long-term wealth creation and risk management.Investors should be aware of the 180-day reinvestment deadline to avoid penalties.Not all investments in Opportunity Zones are created equal; due diligence is essential.The program allows for a variety of investment types, including real estate and operating businesses.Common mistakes include failing to act within the 180-day window and misunderstanding the nature of Opportunity Zones.Successful investments require a focus on both financial returns and community outcomes.Connect With Ashley Tison: ashley@ozpros.comozpros.comhttps://www.linkedin.com/in/ashley-tisonhttps://www.youtube.com/@OZPros/videos

    35 min
5
out of 5
41 Ratings

About

🎙️ Streams to Impact You’ve spent your life helping others—solving complex problems, building systems, saving lives.  But when it comes to your own financial future? You're realizing... the tools you were handed don't build freedom. They build pressure. Streams to Impact is a podcast for high-performing professionals who didn’t choose their path for status or money, but to make a meaningful difference. Now, you want your wealth to do the same. Hosted by Dr. Allen Lomax, a psychologist-turned-investor who lost everything in 2008 and rebuilt with presence over pressure, this show explores how trust—not tactics—is the real foundation of lasting wealth. Through intimate conversations with experts in alternative investing, you’ll discover how to: Reclaim your time, energy, and creative sparkInvest with integrity and intentionBuild wealth that lets you be more, not just have more This isn’t hustle culture. This isn’t passive income hype. This is a return to what matters. A new kind of wealth that is built on trust, not transaction. You’ve given so much. Now it’s time to build a life that gives back to you.