Phil Swisher

Founder/CEO of @trevianwealth, a wealth management firm for entrepreneurs & investors. Coffee enthusiast, Waffle House aficionado, proud husband of @frenchie_vc

[Phil Swisher @P_Swish]

@united what’s the eta on getting your computer systems back up, please? We are on a taxiway and the crew do not have an ETA

[Phil Swisher @P_Swish]

We offer cash management services for companies, with our Trevian Cash service, https://t.co/xCuuW5Tj3E

We open a brokerage account for a company at Fidelity, and then help companies either buy a custom portfolio of short-dated Treasuries, or hold cash in a money market fund

[Tommy Leep @leepnet]

Today I’m happy to announce Jetstream, a $10M fund that invests in pre-seed startups focused on climate, sustainability, and biodiversity. https://t.co/2y2hNROQuV /1

[Phil Swisher @P_Swish]

@SMB_Attorney Fidelity money market advice is spot on. Yield on $1m minimum one is close to 4% and cash in a brokerage account avoids tail risk of FDIC limits. If you want fixed rate, buy secondary market Treasuries online at Fidelity. We do that for companies now - https://t.co/Zvz2Elm2Ob

[Phil Swisher @P_Swish]

@rexsalisbury @iamjakestream Great point, Rex. And on reducing friction, I run an RIA and we recently launched a service for buying Treasuries for companies - https://t.co/Zvz2Elm2Ob

[Phil Swisher @P_Swish]

I believe every woman should have a choice about how and when to become a mother. Reproductive rights are human rights.

[Phil Swisher @P_Swish]

@MegBartelt @lindseyyoung_qw @AndrewLenny

[Phil Swisher @P_Swish]

@BillDA First Republic does these really well. They have a lot of judgment and discretion in their underwrites. DM me if you want an intro

[Phil Swisher @P_Swish]

@millerannette Add in a cash balance pension plan and you can take the 58K to much more - often 120-200K combined depending on income and age. 58K maxed out 401k plans can be found in some private equity and VC firms - works best with high cash flow and relatively few employees

[AngelList @AngelList]

QSBS is an important law that helps small businesses create new jobs.

The BBB bill that the House passed has essentially eliminated it.

We’ve reached out to the U.S. Senate to try and preserve it.

Can you help?

[Phil Swisher @P_Swish]

@andrewparker @accrossd @haridigresses Black Diamond using ByAll Accounts to aggregate should work for all but edge cases. Works very well with Fidelity 2FA for sure.

[Phil Swisher @P_Swish]

@accrossd @haridigresses @andrewparker There are some tools RIAs use for this. Have been wanting to run an experiment in this area - DM me?

[Phil Swisher @P_Swish]

@phil From one Phil to another: may I send you a DM, I have a question to ask you? Or send me a DM, please.

[Phil Swisher @P_Swish]

@ChrisHarveyEsq @dunkhippo33 Interesting! With a multi-member LLC you do need to file a company tax return each year (typically needs a CPA and you each get K-1s), so perhaps the easier long-term move is take the Series 65? Doesn’t require a firm to sponsor you, has no continuing ed, and is multiple choice

[Phil Swisher @P_Swish]

@galeforceVC Pete Lachance and Shannon Hudson at https://t.co/a3kba5K395 are amazing. Reach out after the 10/15 deadline, of course!

[Phil Swisher @P_Swish]

@SchaperEnergy @Levijameshere @fortworthchris @moseskagan @girdley @TyronMcDaniel Certainly. Roberto Rivera [email protected]. He’s fantastic

[Phil Swisher @P_Swish]

@Levijameshere @fortworthchris @moseskagan @girdley @TyronMcDaniel First Republic Bank can underwrite to assets in addition to income and has a lot more judgment and discretion with loans to entrepreneurs. They also portfolio most of them, which helps.

[Phil Swisher @P_Swish]

@davidu Fidelity brokerage accounts also offer free wires. They do call to confirm if over 1mm, otherwise it’s almost always all digital.

[Phil Swisher @P_Swish]

@joepohlen @realEstateTrent First Republic and Silicon Valley Bank can intelligently underwrite business owners - both banks genuinely have judgment and discretion in lending decisions. DM me if you want intros

[Phil Swisher @P_Swish]

@kyork20 @yorkgrowth Really granular and precise fund math + algebra ftw!