The Ascent — hosted by Sam McGee of Crestmont Private Wealth — features attorney Wes Holland of H6 Law discussing business succession planning. The conversation highlights why a standard will is not enough for business owners and what steps they can take to protect their companies.

Key takeaways:

Wills only work when you're dead — powers of attorney and medical directives are often more critical, as they govern what happens if you're incapacitated but still alive.

Only ~10% of closely held business owners have a true succession plan — the other 90% are unprepared.

Short-term fix: Document day-to-day operations so a trusted employee can "keep the plane in the air."

Long-term fix: Identify and develop key employees; consider giving them authority (and even equity) so the business can run without you.

Buy/sell agreements matter — especially with partners, so no one is forced into a business relationship they didn't choose.

Sam shares his own experience making Alec and Hannah Phantom Equity Partners at Crestmont for business continuity — and how it brought him tremendous relief.

Book recommendation: Traction by Gino Wickman.

Contact Wes Holland: h6law.com | wes@h6law.com

Timestamp Topic

0:00 Intro — Sam McGee welcomes Wes Holland

0:21 Why wills alone aren't enough for business owners

0:47 Business succession planning basics

1:25 Incapacity vs. death — who runs the business?

2:05 Steps owners can take to insulate themselves

3:11 The "flying the plane" analogy

4:15 Signs you have a problem: total control = total risk

4:36 Developing Gen 2 leaders — reluctance vs. results

5:36 Sam's experience: Phantom Equity for Alec & Hannah

7:39 The danger of reluctance to delegate

8:29 Back to the legal side: wills vs. succession plans

8:50 Only 10% have a real business succession plan

9:23 Buy/sell agreements and partner planning

9:53 Call to action + book rec: Traction by Gino Wickman

11:02 Closing — Crestmont & H6 Law contact info

Original Air Date: May 23, 2026 at 8:30am as heard on Boerne Radio 103.9FM

Contact: www.crestmontpw.com

Alec Walker in Houston: 831-280-5288

Sam McGee in Boerne: 830-368-2898

See omnystudio.com/listener for privacy information.

In this episode of The Ascent with Crestmont Private Wealth, Alec Walker (EVP of Financial Planning) recaps the firm's annual advisory board meeting and introduces Project Millionaire — a new initiative to help younger clients build a clear path to their first $1 million in assets. Alec walks through real scenarios using starting balances of $10K and $100K, shows the dramatic impact of consistent monthly contributions, and explains why Trail Builder investment accounts outperform traditional savings. He also covers the latest market conditions, including a strong early earnings season and easing geopolitical tensions.

Topics covered:

Annual advisory board meeting recap

Hiring updates (CFP in Houston, operations role in Boerne)

Survivor's Guide documentation initiative

Introducing Project Millionaire

Trail Builder accounts: investing vs. savings

Real scenarios: reaching $1M from various starting balances

Market update: earnings season & geopolitical outlook

0:00 – Intro & advisory board meeting recap

0:57 – Hiring: CFP opening in Houston

1:11 – Hiring: Operations role in Boerne

1:41 – Survivor's Guide initiative

2:52 – Introducing Project Millionaire

3:47 – Trail Builder accounts: investing vs. savings

5:55 – Project Millionaire goals: specific, measurable, achievable

7:12 – Real numbers: already at $500K or $750K?

8:04 – Scenario: starting from $10K

8:58 – Scenario: $100K starting balance + $500/month

10:10 – Scenario: 13% rate of return

11:41 – Market update: earnings season & geopolitical outlook

12:40 – Closing & contact info

📩 Visit us at crestmontpw.com

Original Air Date: May 16, 2026 at 8:30am as heard on Boerne Radio 103.9FM

Contact: www.crestmontpw.com

Alec Walker in Houston: 831-280-5288

Sam McGee in Boerne: 830-368-2898

See omnystudio.com/listener for privacy information.

In this episode of The Ascent with Crestmont Private Wealth, Sam McGee sits down with Wes Holland of H6 Law to discuss the growing threat of cyber scams and wire fraud — and what you can do to protect yourself. From gas station card skimmers to sophisticated real estate wire fraud, Wes shares real-world examples, practical tips, and the #1 rule: trust your gut. They also cover how AI is making scams harder to detect, how to protect elderly parents, and why speed matters when you've been victimized. Plus, learn about Wes's passion for serving family businesses in the Boerne, Texas area.

0:00 – Introduction & rain in Boerne, Texas

0:21 – Landscaping update & office beautification

0:40 – Guest intro: Wes Holland of H6 Law

1:00 – Today's topic: cyber scams and protecting your wealth

1:47 – Phantom equity agreement for Crestmont (Alec & Hannah)

2:05 – How Sam and Wes met; the classic truck story

3:13 – The passive threat: card skimmers at gas stations

3:51 – Use credit over debit to protect your checking account

4:07 – Wire fraud & real estate scams explained

5:13 – How scammers monitor your email before striking

5:50 – Red flags: look at the sender's email address

6:14 – Tip #1: Slow down — urgency is a scammer's weapon

7:01 – Tip #2: Trust your gut and call back to verify

7:25 – Spoofed phone numbers & AI voice cloning

8:00 – Don't answer spam calls — they may be harvesting your voice

8:29 – AI-written scam emails look professional now

9:13 – Recovery window is shrinking — act within 12 hours

10:04 – Triage mindset: stop the bleed first

10:22 – Protecting elderly parents from fraud

10:39 – Multifactor authentication & "never give money over the phone"

11:00 – Jury duty & IRS phone scams explained

11:23 – Charity & social media fraud awareness

12:24 – Wes's passion: serving family businesses

13:36 – Practical, no-nonsense legal advice philosophy

14:48 – The story behind the H6 Law name (Holland Party of Six)

16:06 – Closing thoughts & where to find H6 Law

🔗 Find Wes at H6Law.com

Original Air Date: May 9, 2026 at 8:30am as heard on Boerne Radio 103.9FM

Contact: www.crestmontpw.com

Alec Walker in Houston: 831-280-5288

Sam McGee in Boerne: 830-368-2898

See omnystudio.com/listener for privacy information.