New laws are coming into effect that impacts how you raise capital and who you can bring onto deals as accredited investors. To explain these changes, we welcome syndicator and securities lawyer Gene Trowbridge back onto the show. After chatting about his professional history, we dive into the topic, with Gene unpacking why spousal equivalence is a game-changer for many couples who want to invest. He then reflects on how the new legislation will affect the family office and 401(k) world before. Later, we touch on why you shouldn’t be concerned over ‘finder’s-fees’ legislation proposals, the importance of due diligence, and how changes to integration rulings might endanger your deals. Gene wraps up our conversation by highlighting why he only signs onto deals that can survive without its sponsor. Tune in to hear the latest SEC rules from expert lawyer Gene Trowbridge. 

Key Points From This Episode:

  • Find out about securities lawyer and today’s guest, Gene Trowbridge.
  • Gene unpacks the new legislation around raising capital.
  • Insights into how many more households can now be accredited investors. 
  • Why we shouldn't be concerned about ‘finder’s-fees’ legislation proposals.
  • The importance of doing due diligence, especially in light of changing legislature. 
  • How the new integration rulings affect your deals. 
  • Gene talks about his asset management superpower. 
  • Why Gene looks for continuity before investing in any deal.


“The government did say that their legislation will increase the number of accredited investor households in the United States up to 16 million.” — Gene Trowbridge [0:04:18]

“There are gurus out there talking about the new legislation. They don’t understand it and they are giving people bad advice.” — Gene Trowbridge [0:07:30]

“Make sure you have continuity in your asset management structure to protect your investors and to protect your asset.” — Gene Trowbridge [0:12:37]

Links Mentioned in Today’s Episode:

Gene Trowbridge on LinkedIn

Gene Trowbridge Email

Trowbridge Law Group

Trowbridge Law Group on YouTube

Asset Management Mastery Facebook Group

Passive Income Through Multifamily Real Estate Facebook Group 

Asset Management Mastery

Kyle Mitchell on LinkedIn

Gary Lipsky on LinkedIn

Gary Lipsky on Twitter

RedIQGarzella Group 

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Under no circumstances should any material at this site be used or considered as an offer to sell or a solicitation of any offer to buy an interest in any investment. Any such offer or solicitation will be made only by means of the Confidential Private Offering Memorandum relating to the particular investment. Access to information about the investments are limited to investors who either qualify as accredited investors within the meaning of the Securities Act of 1933, as amended, or those investors who generally are sophisticated in financial matters, such that they are capable of evaluating the merits and risks of prospective investments.

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