November 4, 2025 • 15 mins
We normally talk to Scott Brown with Edgewater Family Wealth for 'It’s Only Money,' but today, we talk to his son, Bracher Brown, who shares a bit of his family's story, before discussing what it's like to work in financial planning and for his Dad.
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Speaker 1 (00:08):
Who do you go?
Speaker 2 (00:12):
You know? Ll I if at back and world pledge
in the day we raise beer National Candy Day, I'll
give you a gift to my favorite candy here.
Speaker 1 (00:26):
Oh that's right, it's pixie sticks.
Speaker 2 (00:28):
Oh they're so delicious. Have a good show, yo.
Speaker 1 (00:31):
I thought he was gonna say nos, That's what I
was thinking.
Speaker 3 (00:34):
Too, candy for sure.
Speaker 4 (00:36):
All right, your six o'clock keyword is grand g R
A N D. Slide over to a real radio dat
if him and send that offer your chance at one
thousand dollars.
Speaker 3 (00:45):
Grand guys, that is your six o'clock he word.
Speaker 1 (00:47):
Good luck.
Speaker 3 (00:48):
We hope you went for sure. I'm Jim. There's deb
hell no check us here as well. Yeah, let's do.
It's only money, oh clear.
Speaker 1 (00:55):
People passionate about planning for the future. Rise love the investment,
myths to build. Isn't that really just common sense financial advice?
Speaker 2 (01:07):
Whoa Oh okay, dude's ownly morney with Scott Brown from.
Speaker 3 (01:13):
A family not today, you guys, give it up a
bred what a name? Yeah?
Speaker 1 (01:22):
Family name?
Speaker 3 (01:23):
Yeah?
Speaker 1 (01:23):
Is it really would assume? Yeah?
Speaker 3 (01:25):
So Bratcher is a family name.
Speaker 5 (01:27):
So yeah, so Scott's grandfather, my great grandfather. Uh, was
John Bratcher Hemphill and instead of John we went with Bratcher.
Speaker 3 (01:38):
Very nice.
Speaker 1 (01:38):
Yeah, I didn't have much of a saying, but you know,
I'm riding with it.
Speaker 3 (01:44):
You don't have a choice, Dolly, what I you do?
That is an adult you do?
Speaker 1 (01:47):
Yeah, I've had that all.
Speaker 3 (01:48):
Well, thank you, good man. We appreciate that very much.
Speaker 4 (01:50):
I know that your pop is with your sister and
they're headed to Antarctica.
Speaker 1 (01:55):
And they think they are on the boat right now.
Speaker 3 (01:56):
Yeah.
Speaker 4 (01:56):
Yeah, so they flew to Argentina first and then hop
on the boat. Then if we go, yeah, how many
days to do they cruise before they reach their destination?
Speaker 1 (02:03):
So yeah, I think it's estimated five days is my understanding.
Speaker 5 (02:07):
But they go through that Drake passage right and depending
on if they get the Drake Lake or the Drake Shake,
can determine how many days that trip.
Speaker 3 (02:14):
Explain it, because I'm not sure what you're talking about.
Speaker 5 (02:16):
Drake passage is a gnarly part of that cruise where
I think you know, at minimum you're looking at like
ten foot waves and that's the lake. Oh wait really,
but if it gets choppy then they start calling it
the Drake shake.
Speaker 3 (02:28):
Oh wow? Really?
Speaker 5 (02:29):
So yeah, that that cruise ship is outfitted specifically for
that part of the cruise that gets strapped down.
Speaker 1 (02:34):
I think, including the people.
Speaker 3 (02:36):
It is not a stereotypical cruise ship.
Speaker 4 (02:38):
I actually looked up the one that he was going on,
and it is more of an expedition ship kind of,
isn't it.
Speaker 1 (02:44):
Yeah.
Speaker 5 (02:44):
I mean when you think of Antarctica, and granted I'm
not going, nor do I have any intention of going,
But when you think of Antarctica, there's nobody there. It's
as scientists, so there's no who I got to try
this restaurant or whatever. So it's people who I think
have either checked everything else out already or have some
type of appetite for that.
Speaker 4 (03:00):
And do you remember your sister talking about this want
to do this? Do you remember your childhood when this beginning?
By the way, you guys are closed, do you guys
talk about stuff like this?
Speaker 1 (03:07):
So there's an eight year difference, okay between us.
Speaker 5 (03:09):
Yeah, I don't recall this being a thing. I know
in the last handful of years it's become a thing,
but is because.
Speaker 3 (03:19):
Your dad's been whispering it to her in her sleep.
Speaker 1 (03:21):
I don't know he means to go.
Speaker 5 (03:22):
I don't know if she's going to hear this or not,
but my understanding was they kept trying to find somebody
else to go in his place, and nobody was willing to.
Speaker 3 (03:30):
Definitely listen duds.
Speaker 5 (03:33):
Yeah, he's an Addict'm sorry about that, but I think
it was more of the Drake Shake potential than it
was my sister potentially.
Speaker 3 (03:42):
Yeah, that's cool.
Speaker 4 (03:43):
Well, he does some cool stuff though, I mean the
motorcycling in South America and stuff or.
Speaker 1 (03:46):
Yeah, he's that no shortage of fun.
Speaker 4 (03:49):
Yeah, I mean do you are you adventures like that
as well? Did you take that on from him? I mean,
to be honest with you, we've only known him for
like a year and a half and we have these
encounters like we're having with you right now, and that's
pretty much the extent of it. We did get to
go to a ball game he invited us up, which
is very cool. But yeah, but he was like, you know,
hanging out with clients and stuff.
Speaker 5 (04:06):
Yeah, I you know, he would call it his red neckiness.
Speaker 1 (04:11):
Yeah, yeah, I didn't quite get that.
Speaker 5 (04:14):
So you know, the motor well, I you know, I
think it's in there what it needs to be, But no,
the motor sports and and that, and and granted he'd
you know, he'd tell you he's well, actually he'd say
he's a good rider, he's bad at falling. Yeah, so
he's since giving that up. But uh, but you had
an adventure to streaking and you did it. You were
in a band for five years, so I actually played
your band. Yeah, one of your songs is an opening
(04:35):
song when he was sitting here. Maybe, by the way,
this is hard. I think that's the most I've ever
seen him smile.
Speaker 3 (04:38):
For the record.
Speaker 5 (04:39):
So I got the seven cents in royalties from whatever that.
But uh, yeah, yeah, so for years I did, uh
tour round and and and playing bands.
Speaker 1 (04:47):
And I suppose there's there's different forms of adventure in that.
Speaker 3 (04:50):
Yeah. Sure, let me ask you a quick question about that.
I mean, we'll get to finance.
Speaker 1 (04:53):
UF.
Speaker 3 (04:53):
Sure, I feel like it.
Speaker 4 (04:54):
I mean, because this is something he actually wanted to
do and this is the only opportunity to get to
talk to you.
Speaker 1 (04:58):
Yeah, and bring it on.
Speaker 4 (04:58):
So did you You seem like a relatively well put together guy.
Scott is a well put together guy, you know, just
knowing him a little bit, it seems like a guy
that has a plan to say, so man has a plan, right,
Oh you have your dad's laugh too.
Speaker 1 (05:11):
It sounded just like him. Yeah, anybody tuning in late.
Speaker 4 (05:13):
So with that, well that said, I mean, did you
have a window that hey, man, if I don't reach
it to this level of success with music at that time,
we're gonna call it good and I'm gonna go into
the firm or do something else.
Speaker 5 (05:23):
The firm was never really in my mind, that was
never gonna happen. And I think in his mind as well.
We you know, he was he was my little league
coach going up, and we thought that was a good
indication of why I should not go.
Speaker 1 (05:35):
Worry at some point. I have that same little with
my dad.
Speaker 5 (05:41):
Yeah, yeah, so yeah. The music thing that there was
always kind of a tentative timeline. You know, if it
didn't do anything by X point, then you know, let's
probably call it. Unfortunately. I think those two things, you know,
the timeline and it becoming more of a job happened
at the same time.
Speaker 3 (06:01):
Yeah.
Speaker 1 (06:01):
Fortunately, So you miss that.
Speaker 4 (06:04):
Here's just for everybody who comes through that we would
do interviews with I was on the Morning over years,
whether it be comedians and bands, whatever. Yeah, this is
what I was. This is what I'm told one hundred percent.
It's fun until you have to travel. Like if I
could teleport the stage, do that and then tell a
board home, yeah, there would be no better job in
the world. But man, the travel is just absolutely mind numbing.
Speaker 5 (06:22):
Yes, So that's what I always maintained was the job
title was musician. The job description was mostly truck driver.
Yeah right, because you know, yeah it was. It was
pack up and drive for how many hours? Then load in,
stand around for however many hours in someplace that you're
unfamiliar with, go play for forty five minutes, which was awesome,
then get everything off stage back into the vehicle, and
(06:42):
then drive for another handful of time.
Speaker 1 (06:44):
Yeah.
Speaker 5 (06:44):
So you know, eventually, eventually that that gets a little old.
I know, people will still do it, and you know,
I think it gets tougher the old y.
Speaker 3 (06:51):
Yeah.
Speaker 4 (06:52):
We have a friend in cat Ridgeway who is a
local musician trying to make it and she's out there
on the road, you know, doing indie shows, doing anything,
you know, busking.
Speaker 3 (06:59):
Do it or whatever it takes.
Speaker 4 (07:00):
I mean, she's got to She had a record that
made it up on the Alt list there for a
while but you know, the shelf life of music is
so much different than it used to be even ten
years ago.
Speaker 1 (07:08):
You agree, Yeah, the landscape.
Speaker 5 (07:09):
I was explaining this, and granted I think I was
probably twenty four or twenty five the time this conversation
was happening with a seventeen year old who was about
to start, and what he was explaining the landscape is
so different in that now independent artists are more of
a thing, which is great. You have more accessibility to
build an audience, but I mean you have to be
accessible at all times. And you're not just a musician.
(07:30):
You're a content creer and probably more so than you
are a musician. So if you're not into that part
of it, I think it gets difficult.
Speaker 4 (07:36):
It really does, because distribution is so much different now.
I mean matter barely any I mean, it's you know,
it's what I mean. And even the people who are
distributing your stuff want to know how many followers do
you have? How many you know TikTok or on the
instant because I mean those are the metrics now and
has nothing to do with it. How many spins are
you getting that that's inconsequential anymore? How many people well
can can if I put something on my Twitter feed
(07:57):
or my my Instagram feed.
Speaker 3 (07:58):
How many people have the opportunity of seeing that?
Speaker 5 (08:00):
Right, and the I mean, the economics behind it have
changed greatly. You know, very few people, not very few,
but you know a select handful are making a true
healthy living space off of the amount of people listening
to it's all touring right right right, which I think
burns people out, which is.
Speaker 3 (08:12):
The brutal part.
Speaker 4 (08:13):
That's why I believe you see a lot of artists
selling their catalogs because they're like, you know, I'm sixty
five years old and I love making this money.
Speaker 1 (08:19):
But I mean, Dylan and whoever else it's got cash out.
Speaker 4 (08:22):
If I can make a hundred million and call it good,
I think Bieber just did Yeah. Yeah, I mean so
I see my so I say, hear a song on
a Toyota commercials The Beatles did.
Speaker 5 (08:29):
It right right, yeah, And that is that is crazy
to start seeing some of those sacred songs hit the
commercial landscape.
Speaker 4 (08:36):
It's on Bradsher Brown with us. He is Scott Brown's son.
He also works at the firm over there at Edgewaterfamilywealth
dot Com. Again, if you have anything you want to ask.
You can do that via the texting service at seven
seven zero three to one. If you'd like to call
over or hop on theirs and request a consultation, you
can do that as well.
Speaker 1 (08:53):
You enjoy doing this this part, yeah, but yeah talking yeah, yeah,
talking to me.
Speaker 4 (08:57):
But we we did a topic a while back about
you know how many people follow in their parents' footsteps
when it comes to careers. We know that happens in
the service industry, like cops, fire department guys or fireman.
They do that a lot because there's there's this weird
military there's this weird kind of thing where you feel
like that. But that does that happen in the financial sector.
Speaker 3 (09:16):
Doesn't happen in radio? Yeah?
Speaker 5 (09:18):
No, no, I wouldn't think so. You know, I think
my father and I get a kick out of the
same parts of the job, which is largely the relationships
you come you know, you become very invested and not
a pun but you become very invested in these people
their stories. There's stories well and selfishly, you know, being
(09:41):
a bit younger, I get to learn so much about
how to navigate your career, getting older people finding purpose
leading up to and through retirement, and you know, again, selfishly,
I get a lot out of that in terms of
what I can learn from the fiend.
Speaker 1 (09:54):
So yeah, I mean it's it's the relationships.
Speaker 4 (09:57):
So do you feel that when clients come in. Let's
say I came in, I'm fifty seven years old, to
be fifty eight and a couple months, about a month
and a half or whatever. And you know, I look
at the firm and I see bratchor Brown, I see
Scott Brown, I see maybe other people there at the firm.
You're the youngest of them or no, let me, I
would assume you're the youngest. Let me just use this
for my purposes here. Do you find that people have
a hard time trusting you because you're maybe you're a
(10:18):
younger person of the firm. Do people have a weird
thing with their finances that they need somebody to be
a little older before they trust.
Speaker 5 (10:25):
Yeah, that's such a fair question. So when I first started,
I was I was so concerned.
Speaker 1 (10:31):
That that would be the case.
Speaker 5 (10:34):
You know, a lot of lot of I mean, the
average age of the financial advising and industry, I think
is creeping into the sixties.
Speaker 1 (10:41):
If it's not in there, say it's going to be.
Speaker 3 (10:42):
In the late forties, only fifties.
Speaker 1 (10:44):
If you expect to see some gray hair.
Speaker 5 (10:45):
And so I was very cognizant of that and very
concerned about that when I first started.
Speaker 1 (10:49):
And I remember one of.
Speaker 5 (10:51):
The first handful of clients I got, you know, I
kind of interrupted the meaning to say and I'm sure
you've noticed that I'm very young, and they're like, haven't
crossed our mind?
Speaker 1 (10:59):
Oh really?
Speaker 5 (11:00):
So at that point I say, okay, well, I don't
maybe need to Maybe I'm over compensating for that a
little bit in these conversations. But the alternative side to
that that somebody told me early on in my career was,
you know, somebody who is in their fifties or in
their sixties hiring a man who is in.
Speaker 1 (11:14):
His sixties or mid sixties.
Speaker 5 (11:17):
They're not going to be done with this whole retirement
thing in the next five or ten years. So to
have a guy who, if he is good at his job,
knows how to retire, yeah, is maybe not who you
want to hire, right. You want somebody who's going to
be there for the longevity of it through the estate planning.
So that that's kind of the other side of that coin, is, yes,
I'm younger. I would like to think that I've you know,
(11:37):
I've been training for this for most of my life
at the dinner table, if nothing else, And there's some
reassurance that you know, I am invested in this company,
in this career, and in these people.
Speaker 4 (11:49):
Well, I can tell you for sure. We have a
lady that listens to our show and text us all
the time. Nah, Kathy, Okay, And I know that, and
you're handling her accountant. She has nothing but glowing things
to say about.
Speaker 1 (11:58):
Would you tell me if she?
Speaker 3 (12:00):
Yeah, I would, I would, you asked your dad.
Speaker 4 (12:02):
Look, I have no problem telling you if something's wrong,
because that's the only way you get better. But that's
nothing to do with like any power mover whatever. You know,
there's a couple of things that you and me and
your pop have talked about when it comes to the segment.
Sure to make sure that we're you know, we're keeping
people's attention when it comes to talking about money. You know,
people get very uncomfortable about that. Sometimes I forget that.
Speaker 5 (12:21):
Somebody literally just came in today and said, this is
not a conversation that I'm generally comfortable with.
Speaker 4 (12:24):
And I forget that because I do whatever you day. Yeah,
that is it is finances. I mean I would say
your health finances. I mean you put those one, two,
and three. I think that's what people are, you know,
kind of like I know, I protect mine.
Speaker 6 (12:37):
It's intimidating as well, because you don't know what you
don't know. It's like for me, I was, okay, I'm
feeding into a four oh one, k I god a
wroth ira and then what's the next step? And when
I went in, Bracher went over my overview and they
have this giant wall and he's changing numbers. And I
left there feeling a lot better about my situation because
(13:00):
I had a better understanding of it.
Speaker 5 (13:02):
Yeah, and I'll say the people who are prone to
do the consultation. I don't know what it is, but
I feel that demographic is generally more on the right
path than not. Generally, people who know they are in
a bad position will not come in to talk to you,
right ya is They don't want to have that converse,
right right, right?
Speaker 3 (13:20):
Yeah, they don't want any more.
Speaker 4 (13:22):
They don't want to confirm their bad ideas correct because
they don't want to have to change any sure, versus
the people who have done a good job.
Speaker 5 (13:29):
Were always willing to change behaviors if they needed to,
so they're open to have it.
Speaker 1 (13:33):
Yeah.
Speaker 4 (13:33):
We literally just talked about that a couple of weeks
ago during the segment with your dad, about the idea
of being malleable when it comes to how you look
at your finances and the idea that somebody may have
a better idea. Also stepping out of your own comfort
zone when it comes to doing something that you're not
used to because your uncle didn't do it and he
had a little money.
Speaker 1 (13:47):
Oh absolutely, that's very common. Didn't do it needed?
Speaker 4 (13:51):
Okay, you not understanding how things morph in that business.
I did get one question here. It says, are a
new annuities a good transition from an IRA if you're
closer to retirement.
Speaker 5 (14:01):
Our annuity is a good transition to an i RA
if you're closer from an IRA from an i RA.
So I guess what they're saying is take the money
out of the i RA and put it in annuities starters.
If you have i RA money that's qualified for tax purposes,
that should stay in a qualified account, So they have
qualified annuities. If somebody is telling you to take all
of your money out of your ira to go into
(14:22):
something non qualified. I'm not a c p A and
Raymond James won't love this answer, but I would imagine
that's probably not in your best.
Speaker 3 (14:29):
Say, yeah, I gotcha.
Speaker 5 (14:31):
You know, annuities, any product. I quote him more and more,
which bothers me less and less. But as my father,
as my father would say, write an annuity or mutual
fund and et F whatever.
Speaker 1 (14:42):
These are all tools.
Speaker 5 (14:43):
Yeah, yeah, some tools are better for some things and
some are. Now, hammer is good for driving a nail,
not so good for cleaning a windshield. Yea, he loves
to set a bunch of those, he does. That's the
you know, the old southern rednecky that come in there
every now and then. But so it's not a good
or bad idea. I don't know what you're trying to accomplish.
Speaker 4 (15:02):
Right, that's the goal though, right, And really half the
battle Bratcher that we talk about during the segment is
is how could you possibly know what the best move
for you could be? Is if you don't make that
phone call or or book at consultation, Because that's the
number one thing Scott talks about.
Speaker 3 (15:16):
It goes what's your goal?
Speaker 4 (15:17):
And again we've said here on the show, the number
one most difficult question in your life is what do
you want?
Speaker 1 (15:22):
Yeah, and that's the thing is it changes.
Speaker 5 (15:25):
I just told somebody today, here's here's what you think
you want to do. But the thing you think you
want to do doesn't really happen for ten more years, right,
And you're going to change your mind at least ten
more times before we get there.
Speaker 1 (15:36):
And that's okay, But you need to know that you
have those offs or.
Speaker 4 (15:39):
Your life could change around you and change the situation
without you even really making a move on that.
Speaker 3 (15:43):
That happens all the time as well.
Speaker 1 (15:44):
So yeah, and life changing.
Speaker 5 (15:46):
This is this is always my morbid example which I
was one of the things I want to talk about
was overfunding and underfunding your retirement. So underfunding everybody knows, right,
Who do you go?
Speaker 2 (00:12):
You know? Ll I if at back and world pledge
in the day we raise beer National Candy Day, I'll
give you a gift to my favorite candy here.
Speaker 1 (00:26):
Oh that's right, it's pixie sticks.
Speaker 2 (00:28):
Oh they're so delicious. Have a good show, yo.
Speaker 1 (00:31):
I thought he was gonna say nos, That's what I
was thinking.
Speaker 3 (00:34):
Too, candy for sure.
Speaker 4 (00:36):
All right, your six o'clock keyword is grand g R
A N D. Slide over to a real radio dat
if him and send that offer your chance at one
thousand dollars.
Speaker 3 (00:45):
Grand guys, that is your six o'clock he word.
Speaker 1 (00:47):
Good luck.
Speaker 3 (00:48):
We hope you went for sure. I'm Jim. There's deb
hell no check us here as well. Yeah, let's do.
It's only money, oh clear.
Speaker 1 (00:55):
People passionate about planning for the future. Rise love the investment,
myths to build. Isn't that really just common sense financial advice?
Speaker 2 (01:07):
Whoa Oh okay, dude's ownly morney with Scott Brown from.
Speaker 3 (01:13):
A family not today, you guys, give it up a
bred what a name? Yeah?
Speaker 1 (01:22):
Family name?
Speaker 3 (01:23):
Yeah?
Speaker 1 (01:23):
Is it really would assume? Yeah?
Speaker 3 (01:25):
So Bratcher is a family name.
Speaker 5 (01:27):
So yeah, so Scott's grandfather, my great grandfather. Uh, was
John Bratcher Hemphill and instead of John we went with Bratcher.
Speaker 3 (01:38):
Very nice.
Speaker 1 (01:38):
Yeah, I didn't have much of a saying, but you know,
I'm riding with it.
Speaker 3 (01:44):
You don't have a choice, Dolly, what I you do?
That is an adult you do?
Speaker 1 (01:47):
Yeah, I've had that all.
Speaker 3 (01:48):
Well, thank you, good man. We appreciate that very much.
Speaker 4 (01:50):
I know that your pop is with your sister and
they're headed to Antarctica.
Speaker 1 (01:55):
And they think they are on the boat right now.
Speaker 3 (01:56):
Yeah.
Speaker 4 (01:56):
Yeah, so they flew to Argentina first and then hop
on the boat. Then if we go, yeah, how many
days to do they cruise before they reach their destination?
Speaker 1 (02:03):
So yeah, I think it's estimated five days is my understanding.
Speaker 5 (02:07):
But they go through that Drake passage right and depending
on if they get the Drake Lake or the Drake Shake,
can determine how many days that trip.
Speaker 3 (02:14):
Explain it, because I'm not sure what you're talking about.
Speaker 5 (02:16):
Drake passage is a gnarly part of that cruise where
I think you know, at minimum you're looking at like
ten foot waves and that's the lake. Oh wait really,
but if it gets choppy then they start calling it
the Drake shake.
Speaker 3 (02:28):
Oh wow? Really?
Speaker 5 (02:29):
So yeah, that that cruise ship is outfitted specifically for
that part of the cruise that gets strapped down.
Speaker 1 (02:34):
I think, including the people.
Speaker 3 (02:36):
It is not a stereotypical cruise ship.
Speaker 4 (02:38):
I actually looked up the one that he was going on,
and it is more of an expedition ship kind of,
isn't it.
Speaker 1 (02:44):
Yeah.
Speaker 5 (02:44):
I mean when you think of Antarctica, and granted I'm
not going, nor do I have any intention of going,
But when you think of Antarctica, there's nobody there. It's
as scientists, so there's no who I got to try
this restaurant or whatever. So it's people who I think
have either checked everything else out already or have some
type of appetite for that.
Speaker 4 (03:00):
And do you remember your sister talking about this want
to do this? Do you remember your childhood when this beginning?
By the way, you guys are closed, do you guys
talk about stuff like this?
Speaker 1 (03:07):
So there's an eight year difference, okay between us.
Speaker 5 (03:09):
Yeah, I don't recall this being a thing. I know
in the last handful of years it's become a thing,
but is because.
Speaker 3 (03:19):
Your dad's been whispering it to her in her sleep.
Speaker 1 (03:21):
I don't know he means to go.
Speaker 5 (03:22):
I don't know if she's going to hear this or not,
but my understanding was they kept trying to find somebody
else to go in his place, and nobody was willing to.
Speaker 3 (03:30):
Definitely listen duds.
Speaker 5 (03:33):
Yeah, he's an Addict'm sorry about that, but I think
it was more of the Drake Shake potential than it
was my sister potentially.
Speaker 3 (03:42):
Yeah, that's cool.
Speaker 4 (03:43):
Well, he does some cool stuff though, I mean the
motorcycling in South America and stuff or.
Speaker 1 (03:46):
Yeah, he's that no shortage of fun.
Speaker 4 (03:49):
Yeah, I mean do you are you adventures like that
as well? Did you take that on from him? I mean,
to be honest with you, we've only known him for
like a year and a half and we have these
encounters like we're having with you right now, and that's
pretty much the extent of it. We did get to
go to a ball game he invited us up, which
is very cool. But yeah, but he was like, you know,
hanging out with clients and stuff.
Speaker 5 (04:06):
Yeah, I you know, he would call it his red neckiness.
Speaker 1 (04:11):
Yeah, yeah, I didn't quite get that.
Speaker 5 (04:14):
So you know, the motor well, I you know, I
think it's in there what it needs to be, But no,
the motor sports and and that, and and granted he'd
you know, he'd tell you he's well, actually he'd say
he's a good rider, he's bad at falling. Yeah, so
he's since giving that up. But uh, but you had
an adventure to streaking and you did it. You were
in a band for five years, so I actually played
your band. Yeah, one of your songs is an opening
(04:35):
song when he was sitting here. Maybe, by the way,
this is hard. I think that's the most I've ever
seen him smile.
Speaker 3 (04:38):
For the record.
Speaker 5 (04:39):
So I got the seven cents in royalties from whatever that.
But uh, yeah, yeah, so for years I did, uh
tour round and and and playing bands.
Speaker 1 (04:47):
And I suppose there's there's different forms of adventure in that.
Speaker 3 (04:50):
Yeah. Sure, let me ask you a quick question about that.
I mean, we'll get to finance.
Speaker 1 (04:53):
UF.
Speaker 3 (04:53):
Sure, I feel like it.
Speaker 4 (04:54):
I mean, because this is something he actually wanted to
do and this is the only opportunity to get to
talk to you.
Speaker 1 (04:58):
Yeah, and bring it on.
Speaker 4 (04:58):
So did you You seem like a relatively well put together guy.
Scott is a well put together guy, you know, just
knowing him a little bit, it seems like a guy
that has a plan to say, so man has a plan, right,
Oh you have your dad's laugh too.
Speaker 1 (05:11):
It sounded just like him. Yeah, anybody tuning in late.
Speaker 4 (05:13):
So with that, well that said, I mean, did you
have a window that hey, man, if I don't reach
it to this level of success with music at that time,
we're gonna call it good and I'm gonna go into
the firm or do something else.
Speaker 5 (05:23):
The firm was never really in my mind, that was
never gonna happen. And I think in his mind as well.
We you know, he was he was my little league
coach going up, and we thought that was a good
indication of why I should not go.
Speaker 1 (05:35):
Worry at some point. I have that same little with
my dad.
Speaker 5 (05:41):
Yeah, yeah, so yeah. The music thing that there was
always kind of a tentative timeline. You know, if it
didn't do anything by X point, then you know, let's
probably call it. Unfortunately. I think those two things, you know,
the timeline and it becoming more of a job happened
at the same time.
Speaker 3 (06:01):
Yeah.
Speaker 1 (06:01):
Fortunately, So you miss that.
Speaker 4 (06:04):
Here's just for everybody who comes through that we would
do interviews with I was on the Morning over years,
whether it be comedians and bands, whatever. Yeah, this is
what I was. This is what I'm told one hundred percent.
It's fun until you have to travel. Like if I
could teleport the stage, do that and then tell a
board home, yeah, there would be no better job in
the world. But man, the travel is just absolutely mind numbing.
Speaker 5 (06:22):
Yes, So that's what I always maintained was the job
title was musician. The job description was mostly truck driver.
Yeah right, because you know, yeah it was. It was
pack up and drive for how many hours? Then load in,
stand around for however many hours in someplace that you're
unfamiliar with, go play for forty five minutes, which was awesome,
then get everything off stage back into the vehicle, and
(06:42):
then drive for another handful of time.
Speaker 1 (06:44):
Yeah.
Speaker 5 (06:44):
So you know, eventually, eventually that that gets a little old.
I know, people will still do it, and you know,
I think it gets tougher the old y.
Speaker 3 (06:51):
Yeah.
Speaker 4 (06:52):
We have a friend in cat Ridgeway who is a
local musician trying to make it and she's out there
on the road, you know, doing indie shows, doing anything,
you know, busking.
Speaker 3 (06:59):
Do it or whatever it takes.
Speaker 4 (07:00):
I mean, she's got to She had a record that
made it up on the Alt list there for a
while but you know, the shelf life of music is
so much different than it used to be even ten
years ago.
Speaker 1 (07:08):
You agree, Yeah, the landscape.
Speaker 5 (07:09):
I was explaining this, and granted I think I was
probably twenty four or twenty five the time this conversation
was happening with a seventeen year old who was about
to start, and what he was explaining the landscape is
so different in that now independent artists are more of
a thing, which is great. You have more accessibility to
build an audience, but I mean you have to be
accessible at all times. And you're not just a musician.
(07:30):
You're a content creer and probably more so than you
are a musician. So if you're not into that part
of it, I think it gets difficult.
Speaker 4 (07:36):
It really does, because distribution is so much different now.
I mean matter barely any I mean, it's you know,
it's what I mean. And even the people who are
distributing your stuff want to know how many followers do
you have? How many you know TikTok or on the
instant because I mean those are the metrics now and
has nothing to do with it. How many spins are
you getting that that's inconsequential anymore? How many people well
can can if I put something on my Twitter feed
(07:57):
or my my Instagram feed.
Speaker 3 (07:58):
How many people have the opportunity of seeing that?
Speaker 5 (08:00):
Right, and the I mean, the economics behind it have
changed greatly. You know, very few people, not very few,
but you know a select handful are making a true
healthy living space off of the amount of people listening
to it's all touring right right right, which I think
burns people out, which is.
Speaker 3 (08:12):
The brutal part.
Speaker 4 (08:13):
That's why I believe you see a lot of artists
selling their catalogs because they're like, you know, I'm sixty
five years old and I love making this money.
Speaker 1 (08:19):
But I mean, Dylan and whoever else it's got cash out.
Speaker 4 (08:22):
If I can make a hundred million and call it good,
I think Bieber just did Yeah. Yeah, I mean so
I see my so I say, hear a song on
a Toyota commercials The Beatles did.
Speaker 5 (08:29):
It right right, yeah, And that is that is crazy
to start seeing some of those sacred songs hit the
commercial landscape.
Speaker 4 (08:36):
It's on Bradsher Brown with us. He is Scott Brown's son.
He also works at the firm over there at Edgewaterfamilywealth
dot Com. Again, if you have anything you want to ask.
You can do that via the texting service at seven
seven zero three to one. If you'd like to call
over or hop on theirs and request a consultation, you
can do that as well.
Speaker 1 (08:53):
You enjoy doing this this part, yeah, but yeah talking yeah, yeah,
talking to me.
Speaker 4 (08:57):
But we we did a topic a while back about
you know how many people follow in their parents' footsteps
when it comes to careers. We know that happens in
the service industry, like cops, fire department guys or fireman.
They do that a lot because there's there's this weird
military there's this weird kind of thing where you feel
like that. But that does that happen in the financial sector.
Speaker 3 (09:16):
Doesn't happen in radio? Yeah?
Speaker 5 (09:18):
No, no, I wouldn't think so. You know, I think
my father and I get a kick out of the
same parts of the job, which is largely the relationships
you come you know, you become very invested and not
a pun but you become very invested in these people
their stories. There's stories well and selfishly, you know, being
(09:41):
a bit younger, I get to learn so much about
how to navigate your career, getting older people finding purpose
leading up to and through retirement, and you know, again, selfishly,
I get a lot out of that in terms of
what I can learn from the fiend.
Speaker 1 (09:54):
So yeah, I mean it's it's the relationships.
Speaker 4 (09:57):
So do you feel that when clients come in. Let's
say I came in, I'm fifty seven years old, to
be fifty eight and a couple months, about a month
and a half or whatever. And you know, I look
at the firm and I see bratchor Brown, I see
Scott Brown, I see maybe other people there at the firm.
You're the youngest of them or no, let me, I
would assume you're the youngest. Let me just use this
for my purposes here. Do you find that people have
a hard time trusting you because you're maybe you're a
(10:18):
younger person of the firm. Do people have a weird
thing with their finances that they need somebody to be
a little older before they trust.
Speaker 5 (10:25):
Yeah, that's such a fair question. So when I first started,
I was I was so concerned.
Speaker 1 (10:31):
That that would be the case.
Speaker 5 (10:34):
You know, a lot of lot of I mean, the
average age of the financial advising and industry, I think
is creeping into the sixties.
Speaker 1 (10:41):
If it's not in there, say it's going to be.
Speaker 3 (10:42):
In the late forties, only fifties.
Speaker 1 (10:44):
If you expect to see some gray hair.
Speaker 5 (10:45):
And so I was very cognizant of that and very
concerned about that when I first started.
Speaker 1 (10:49):
And I remember one of.
Speaker 5 (10:51):
The first handful of clients I got, you know, I
kind of interrupted the meaning to say and I'm sure
you've noticed that I'm very young, and they're like, haven't
crossed our mind?
Speaker 1 (10:59):
Oh really?
Speaker 5 (11:00):
So at that point I say, okay, well, I don't
maybe need to Maybe I'm over compensating for that a
little bit in these conversations. But the alternative side to
that that somebody told me early on in my career was,
you know, somebody who is in their fifties or in
their sixties hiring a man who is in.
Speaker 1 (11:14):
His sixties or mid sixties.
Speaker 5 (11:17):
They're not going to be done with this whole retirement
thing in the next five or ten years. So to
have a guy who, if he is good at his job,
knows how to retire, yeah, is maybe not who you
want to hire, right. You want somebody who's going to
be there for the longevity of it through the estate planning.
So that that's kind of the other side of that coin, is, yes,
I'm younger. I would like to think that I've you know,
(11:37):
I've been training for this for most of my life
at the dinner table, if nothing else, And there's some
reassurance that you know, I am invested in this company,
in this career, and in these people.
Speaker 4 (11:49):
Well, I can tell you for sure. We have a
lady that listens to our show and text us all
the time. Nah, Kathy, Okay, And I know that, and
you're handling her accountant. She has nothing but glowing things
to say about.
Speaker 1 (11:58):
Would you tell me if she?
Speaker 3 (12:00):
Yeah, I would, I would, you asked your dad.
Speaker 4 (12:02):
Look, I have no problem telling you if something's wrong,
because that's the only way you get better. But that's
nothing to do with like any power mover whatever. You know,
there's a couple of things that you and me and
your pop have talked about when it comes to the segment.
Sure to make sure that we're you know, we're keeping
people's attention when it comes to talking about money. You know,
people get very uncomfortable about that. Sometimes I forget that.
Speaker 5 (12:21):
Somebody literally just came in today and said, this is
not a conversation that I'm generally comfortable with.
Speaker 4 (12:24):
And I forget that because I do whatever you day. Yeah,
that is it is finances. I mean I would say
your health finances. I mean you put those one, two,
and three. I think that's what people are, you know,
kind of like I know, I protect mine.
Speaker 6 (12:37):
It's intimidating as well, because you don't know what you
don't know. It's like for me, I was, okay, I'm
feeding into a four oh one, k I god a
wroth ira and then what's the next step? And when
I went in, Bracher went over my overview and they
have this giant wall and he's changing numbers. And I
left there feeling a lot better about my situation because
(13:00):
I had a better understanding of it.
Speaker 5 (13:02):
Yeah, and I'll say the people who are prone to
do the consultation. I don't know what it is, but
I feel that demographic is generally more on the right
path than not. Generally, people who know they are in
a bad position will not come in to talk to you,
right ya is They don't want to have that converse,
right right, right?
Speaker 3 (13:20):
Yeah, they don't want any more.
Speaker 4 (13:22):
They don't want to confirm their bad ideas correct because
they don't want to have to change any sure, versus
the people who have done a good job.
Speaker 5 (13:29):
Were always willing to change behaviors if they needed to,
so they're open to have it.
Speaker 1 (13:33):
Yeah.
Speaker 4 (13:33):
We literally just talked about that a couple of weeks
ago during the segment with your dad, about the idea
of being malleable when it comes to how you look
at your finances and the idea that somebody may have
a better idea. Also stepping out of your own comfort
zone when it comes to doing something that you're not
used to because your uncle didn't do it and he
had a little money.
Speaker 1 (13:47):
Oh absolutely, that's very common. Didn't do it needed?
Speaker 4 (13:51):
Okay, you not understanding how things morph in that business.
I did get one question here. It says, are a
new annuities a good transition from an IRA if you're
closer to retirement.
Speaker 5 (14:01):
Our annuity is a good transition to an i RA
if you're closer from an IRA from an i RA.
So I guess what they're saying is take the money
out of the i RA and put it in annuities starters.
If you have i RA money that's qualified for tax purposes,
that should stay in a qualified account, So they have
qualified annuities. If somebody is telling you to take all
of your money out of your ira to go into
(14:22):
something non qualified. I'm not a c p A and
Raymond James won't love this answer, but I would imagine
that's probably not in your best.
Speaker 3 (14:29):
Say, yeah, I gotcha.
Speaker 5 (14:31):
You know, annuities, any product. I quote him more and more,
which bothers me less and less. But as my father,
as my father would say, write an annuity or mutual
fund and et F whatever.
Speaker 1 (14:42):
These are all tools.
Speaker 5 (14:43):
Yeah, yeah, some tools are better for some things and
some are. Now, hammer is good for driving a nail,
not so good for cleaning a windshield. Yea, he loves
to set a bunch of those, he does. That's the
you know, the old southern rednecky that come in there
every now and then. But so it's not a good
or bad idea. I don't know what you're trying to accomplish.
Speaker 4 (15:02):
Right, that's the goal though, right, And really half the
battle Bratcher that we talk about during the segment is
is how could you possibly know what the best move
for you could be? Is if you don't make that
phone call or or book at consultation, Because that's the
number one thing Scott talks about.
Speaker 3 (15:16):
It goes what's your goal?
Speaker 4 (15:17):
And again we've said here on the show, the number
one most difficult question in your life is what do
you want?
Speaker 1 (15:22):
Yeah, and that's the thing is it changes.
Speaker 5 (15:25):
I just told somebody today, here's here's what you think
you want to do. But the thing you think you
want to do doesn't really happen for ten more years, right,
And you're going to change your mind at least ten
more times before we get there.
Speaker 1 (15:36):
And that's okay, But you need to know that you
have those offs or.
Speaker 4 (15:39):
Your life could change around you and change the situation
without you even really making a move on that.
Speaker 3 (15:43):
That happens all the time as well.
Speaker 1 (15:44):
So yeah, and life changing.
Speaker 5 (15:46):
This is this is always my morbid example which I
was one of the things I want to talk about
was overfunding and underfunding your retirement. So underfunding everybody knows, right,
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