Navigating Oil & Gas Alternatives for High-Income Clients with Steve Blackwell
What You'll Learn In Today's Episode:
-How Steve Blackwell transitioned from mortgage banking to energy.
-Why alternatives are essential for high-net-worth clients.
-What intangible drilling costs (IDC) are and how they reduce taxes.
-How bonus depreciation works in oil and gas.
-Why oil and gas investments are highly illiquid.
-How to align investment structures with client outcomes.
-Why advisors lose clients if they ignore alternatives.
-How to evaluate risk and return in oil and gas funds.
-What advisors should ask about fees and sponsor compensation.
-How to introduce complex investments without sugarcoating the risks.
In this episode of The TPR podcast, Matthew Jarvis talks with Steve Blackwell about the role of oil and gas in alternative investing. Steve shares insights from his career shift after the 2008 financial crisis and explains how high-income earners can benefit from oil and gas through tax deductions and bonus depreciation. They discuss key risks, the importance of transparency, and why advisors must understand alternatives to better serve and retain clients.
