#160 Why Do the People With the Most Influence Have the Least Wealth? | Travis Henry, Factory

Background: Travis Henry — Co-Founder of Factory, the next-gen multifamily office for athletes, entertainers, and founders. Started at Morgan Stanley, built family offices for a decade, now building something that didn't exist before.

Description: On the Alt Funds Network podcast, hosts Mike Schroeder and Skyler Steinke interview Travis Henry, co-founder of Factory, a next-generation multifamily office for athletes, entertainers, founders, and creators. Henry shares his path from Yale football and CAA to Morgan Stanley and a startup, then explains Factory’s mission to help influential people build lasting wealth by combining institutional-quality wealth management with cultural monetization and co-ownership.

He outlines Factory’s pillars: an RIA (Factory Capital), family office services, media, deal-by-deal SPVs (Factory Partners), a nonprofit for impact and innovation (Factory Care), and the members-only Factory Club. The conversation covers NIL client selection, measuring influence as an asset, sourcing deals, balancing liquidity and private-market risk, purpose-plus-profit investing themes, and Factory’s roadmap to turn creators from contractors into owners.