Business Innovators Radio - Interview with Randy Hux, Founder and President of Hux Capital Management Discussing Securing Financial Future Through Holistic Planning

Episode Date: January 18, 2026

Randy Hux is the Founder and President of Hux Capital Management, a fiduciary financial planning firm headquartered in Lafayette, Louisiana. With over two decades of experience in the financial services industry, Randy is known for his passion, integrity, and deeply personalized approach to retirement and investment planning.As a licensed fiduciary, Randy upholds the highest legal and ethical standards, always putting clients’ best interests first. His philosophy is simple: financial planning should be transparent, easy to understand, and results-driven—not filled with confusing jargon or sales pressure. Clients describe Randy as personable, trustworthy, and refreshingly honest—qualities that have earned him a loyal following throughout Louisiana and beyond.Under Randy’s leadership, Hux Capital Management offers a holistic suite of services including proactive money management, retirement income strategies, tax-efficient investing, insurance planning, Social Security optimization, and family legacy and estate planning. His approach blends math, science, and human empathy to build custom financial plans that are designed to last a lifetime—and beyond.Randy is frequently called upon for expert commentary on retirement planning, fiduciary responsibility, and investor education. His mission remains clear: to empower individuals and families with the clarity, confidence, and control they need to enjoy their financial future on their terms.Learn more: http://www.huxcapitalmanagement.com/Investment advisory and financial planning services are offered through Simplicity Wealth, LLC, an SEC-registered investment adviser. SEC registration does not constitute an endorsement of the firm nor does it indicate that the adviser has attained a particular level of skill or ability. Investing involves the risk of loss. Insurance, Consulting and Education services offered through Hux Capital Management. Hux Capital Management is a separate and unaffiliated entity from Simplicity Wealth.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-randy-hux-founder-and-president-of-hux-capital-management-discussing-securing-financial-future-through-holistic-planning

Welcome to influential entrepreneurs, bringing you interviews with elite business leaders and experts, sharing tips and strategies for elevating your business to the next level. Here's your host, Mike Saunders. Hello and welcome to this episode of influential entrepreneurs. This is Mike Saunders, the authority positioning coach. Today we have back with us Randy Hux, who's the founder and president of Hux Capital Management, and we'll be talking about securing financial future through, holistic planning. Randy, welcome back to the program. Thank you for having me, man. I always look forward to

our calls and our podcast is going to be great. Yeah, you know, I think that a lot of times there's buzzwords out there like, oh, holistic, we take a holistic approach. Define what that actually is. You know, I think that too many times people just hear something and it just goes in one ear and out the other. But what does your firm define a holistic planning approach for financial security? Yeah, you know, it's not a buzzword for us. It truly is holistic from the standpoint that we try to touch on every single aspect of a person's estate. And believe it or not, no matter how much money you have, you have an estate. And I think people think there's estate planning that family offices, that all these terms that they're like,

I'm not big enough for that, they'd be surprised to find out that they're more than qualified for that. that what really essentially what we've done is we've gone and taken their whole estate plan, which is what includes the legal framework, the CPA framework, the wills, the trust, any of the other investments and things that we need to do within all that to make their accounts grow, protect them, insurance needs, whatever it might be, we handle every single issue. Medicare, I mean, we help with Medicare. and multiple other things, Irma, all that good stuff. If you have RMDs, if you don't know what RMDs are, you know, fine, you're going to learn about them.

I'll teach you about them. But we love teaching and we love the fact that we do have a family office. And the fact that, you know, what is a family office? Family offices typically, Mike, you know, they require a lot like $10, $20 million of assets, investable assets and so forth. and essentially what I've learned in 20 years of being in this industry is that, wow, I can actually take what those guys do and they've excluded all the people that don't have $20 million or $10 to $20 million. They've excluded them, which is the majority of the population out there.

And I've said, well, I'd be more than glad to help you because we know exactly how to plan for a $2, $3, $5 million, $8 million, $10 million. and we can do it right for the guy that has $500,000, you know, if he wants to bring an account in, we can do it for that level. But family office really just means, you know, can you do everything that's required? Do you work with the client's CPAs? How closely are you willing to work with them? What about their estate planning attorney? Do you work with them? We do it all the time. We've had clients that have sold their business and we've sat in our company. conference room, there's been seven or eight of us, attorneys, CPAs, and we're going through

every fine-tooth detail of their sales agreement, whatever it might be. And we're there as a team, and we're there to support one person, and that is that family that we're talking to. So we can do this here locally. We can do it on Zoom calls. We're willing to work with people in any capacity that they're comfortable with, even using their own professionals. We have our own that we like to use. But if they have... have theirs, we're willing to work with them. You know, it just kind of makes me think about, you know, guys love analogy. So I'm thinking of the game chess. And when you make your move and you keep your finger on the piece and you look around to go, okay, is this the right move? No,

no, no, I need to pull it back. Or is this the right? Yep, that's the right move. Take your finger off. Well, in this situation with, you know, for example, you mentioned medic or RMDs. required minimum distributions, if you make a move or don't make a move the right way, that could topple like dominoes a lot of areas. It could trigger taxes and penalties and pull money out of all of these places. So being able to see the whole field or see the whole game board, that's essential. And isn't that one of the key points of making sure you've kind of got the head coach

and making sure that all of the key pieces are in there that are playing nicely together? Yes, absolutely. you bring us some really good points there. If you miss your RMD, you're punitively penalized by the IRS. And that's ultimately, that is every citizen's responsibility to make sure that those RMDs are taking care of. But we take all that off of you because we take 100% responsibility for all of our clients' RMDs.

And here's the challenge for us, right? Some clients just want to give us a portion of their assets and then let somebody else manage another portion. They want to see who wins. They want to see which horse wins. And I'll tell them all the time. That's fine. I understand your philosophy. But the challenge for us is we don't know what your other guy is doing and we don't want to be duplicative in our investments. We don't want you to double up. So what we would like to do is earn your business, demonstrate to you that we are the most competent people out there and that we're the best to work with. And that takes time, right? That takes time to do that. And we have probably about 10 different clients right now that we're

working on doing that and converting their accounts, but they're seeing the differences now. And so, you know, we're very proud of the fact that we can go through some of the nuances of the RMDs, save them from all of the penalties that could possibly be there or even Irma, right? I mean, if you go over certain thresholds in Irma, it gets costly. And so we want to make sure that our clients are never, ever surprised because I don't like you take a penalty or two in an area and that wipes out all kinds of gains from the other side of the equation so I think that's having that watchdog approach and here's something else that makes me think of I'm sure that Randy Hux knows about legal things tax things insurance and all but you're not the one to know it inside and out and make those recommendations that's why that team comes in you got to have your tax specialist your legal specialist and

then you're the kind of the coach or the quarterback making sure that all of those things connect up. So talk a little bit about being the specialist versus the generalist. Well, I can just tell you, I can't know everything, right? I don't have time. I don't have the resources. I am not, I am not an attorney. I'm not going to play one. You know, I'm a former CPA. I don't even do CPA work anymore, you know, but I understand it well enough to be able to speak to the tax issues. Yeah. But I'll tell you that, you know, certainly, you know, it's a very, it's a very complex,

those are some complex issues that need to be well attended to in terms of, you know, tax structures, in terms of making sure state planning is done properly. So there's a lot of things there that need to be, certainly need to be attended to, Mike. Yeah. Yeah, that's a great point. And you just rely on the. team. You know, it also makes me think you made a comment and the word to and through came to

my mind. You know, sometimes people just have the goal of making it to retirement. And I got there at whatever age and I claimed my Social Security at the right way, but actually making it to and through retirement is critical. So how do you help your client's transition from building that wealth growing at climbing the mountain of getting that portfolio so that you're ready into kind of like now decumulation or retirement mode, because it is a shift, right? It's that transition.

It is one of the most interesting things, not just financially. It is one of the most interesting things that I've learned since I've been in this industry about helping people retire. Some people are really effectively retired and they don't even know it until I talk with them. I go, well, you know with your income requirements that you need, you have the assets to retire today. Were you aware of that?

And they're like, no, I didn't. And so, you know, it's the most interesting thing because when you're able to, you know, tell someone and able to say, hey, you can retire comfortably and here's what it looks like and here's how it works. We're going to keep it really simple for you. A lot of people want to use financial jargon and all that. We want to keep it really simple for you. But, you know, it's interesting because case in point, had some clients come in, the guy had retired. he was used to a pretty big paycheck. I think he probably made $400,000 a year.

His wife was, is a house lady and takes care of their kids and all that, has done that their whole life. They're in their 70s. He built his own business. He walked away from it and sold it and all that good stuff. And he had this big old nest egg, right? And we had already been working with him. But it was so interesting because they came in

they sat in front of me and their eyes were so big. Now, these people have millions of dollars, right? And they look at me and they go, she says, Randy, I've been getting $20,000 a month. And I don't know how you're going to do it, but I need my $20,000 a month. And I laughed because she was getting the $20,000 from her husband's salary, right, from his own business.

And I said, well, what do you need, sir? And he said, well, I just, I just need five grand a month. I said, well, isn't that funny? You know? So I said, look, you guys don't have to worry about that. I'm going to make sure that you get your $25,000 a month. And we set them up on a plan that's all guaranteed. And they're able to do that. But it's very interesting because they were nervous about not receiving a paycheck. Yeah. And I said, relax. I'm going to make sure that you get a paycheck. Well, how do you do that? that. And when I shared the different strategies for us to do that, there was such a sense of relief in this room. And I haven't heard from them since. And that's been seven, eight months ago. You know, I mean, we've talked to them, but I've never heard anything like, I need more money or,

you know, this is not working out. Right, right. Yeah. Well, if something didn't work out, you'd have heard from them for sure. So that's a, no news is good news. Yes. For sure. Yeah. Well, you, you're, you didn't say this word, but you're, you've, you've, you've, you've indicated that you're a recovering CPA, right? You've got the tax background, but you're not really doing it, but you also advise your clients to make sure you're prepared for taxes. What are some of the ways from a broad perspective without getting into specifics that you help your clients minimize taxes of retirement? Because you can eliminate it, but you can help address or minimize it, right? Yeah. There's a lot of different ways. And you're right.

It's going to take more than a 20 minute, 30 minute podcast, right? We're in the process right now. We have a program that we built out, me and some colleagues of mine have built out that is specifically for taxes and estate planning purposes, and they dive into all the different ways to mitigate, eliminate, or even reduce taxes to zero in some cases. So we're really, really excited about rolling this thing out. We're going to roll it out sometime in March. But, you know, in the meantime, some of the things that we do are Roth conversions, some other things that we do or we just make sure that, you know, if we put money to work in a certain area, like guaranteed income, and we know that they're going to have an RMD, we want to make sure

that that guaranteed income that they're getting also meets their RMD requirement. So, you know, that's another small strategy that we use. Does that eliminate your taxes? No, it doesn't. But over time, you know, eliminating and reducing taxes is it takes time. You know, I tell people all the time, like the first step in the process is just get your assets transferred over here. And then we're going to go step one, step two, and step three. Yeah. And we're going to go through it methodically. And we're going to make sure that it all works for you.

And I'm going to explain everything to you every bit of the way. But you just can't do it all at once. There's just not enough time in the day to do it. And so we walked them through that whole process. And they really enjoy the fact that when I say, well, if we do it, using this, tax strategy, okay, you're going to reduce your tax bill over the long haul by X percent. And they're like, oh, I like that idea a lot. And I'm like, you know, if you could just reduce your tax liability by 5 percent a year, wouldn't that be great? They're like, yeah, I said,

let me show you how we do that. So there's a lot of different ways to do that, Mike. You're right. It's very elaborative. And there's a lot of different avenues to take. And you can't do like to your point, you can't do it all at once. You can't eat an elephant in one bite. And if you hear the word Roth conversion, it's like, okay, I want to convert my whole, you know, IRA or 401K, well, you shouldn't probably do it all in one whack because you're going to trigger too much taxes too soon. So it's all got to be methodical.

But I think that isn't it true that some people have the false assumption that, oh, I'm going to be in a lower tax bracket when I retire. That may or may not be the case, but because frankly, we don't know what brackets are going to move change and all that. and probably taxes, the tax rates could probably go up in the next 5, 10, 15, 20 years. Nobody knows that, but we do know that that deficit is a driver to taxes. So talk a little bit about how you help your clients prepare for that mindset of, you know, yeah, you can put the pencil and the software to their deal,

but people need to realize the old wives tale of all being a lower tax bracket may not be accurate. Yeah. So let me respond with one word or two words. No surprises. Yeah. I tell our staff, I remind myself every day that I was a client and I got surprised and I didn't like surprises. I never want anybody to have unrealistic expectations and I don't want them to have any surprises. when we run illustrations that go to age 100, 105, 110, whatever it is, to show how their

whole portfolio is stress test and how it lasts over time, I always include in those illustrations about a true, not 10% on top of the current tax rate, but if you're in the 24% tax bracket, let's say in five more years, that tax bracket, that would go move up to 34%, right? if you're in the 37% tax bracket, we're going to move it up to 47% and we're going to stress test your portfolio. And then we're going to go up again in about 10 to 15 more years, another 10% or another 10 percentage points, 10 basis points. We're going to add that and then we're going to recalculate it there. And if your portfolio can handle that stress test and it still shows that you've made all the money that you need, even in spite of increasing taxes, you got to feel really good about that.

Because then if those expectations don't happen where you need the higher numbers and they kind of settle in less than that, then you're ahead of the game. Yeah. I mean, we want to under promise. Okay. We want to under promise and we want to over deliver. I mean, we talk about that all the time in here. I have quotes all over our offices, right?

And I love quotes. And one of them is under promise over deliver. That's what we do. and serving people. You mentioned it earlier. You know, being a servant is such a, we don't see it a lot now, but true, you know, servanthood is so important to think of other people's needs before your own is crucial.

And I can tell you, Mike, in our industry, I have found that there's not a lot of servanthood. And that's one of the things that I enjoy most about what we do. I know our hearts in this place. I know what our desire is and it is pure and it's authentic. It is to serve our clients to meet their needs in any capacity that they need or that we can help them with. You know, and when that's executed well, that provides the right recommendation where everyone's happy. They understand it.

And that provides that kind of safety and security. And like you've mentioned a couple times, there's some opportunities for, you know, no losses and guarantees and all that. Talk a little bit about the peace of mind that that gives your clients regarding closing that gap from what they need in retirement and where they are now. And what does that do? Because I'm almost envisioning someone getting their quarterly portfolio statement in the mail, open it up with the pit in their stomach.

But now after you've dialed in and you put together the plan, now they're opening up going, yep, we're good to go. Yeah. You know, no matter whether or not, you know, your current portfolio at Schwab, down or not, you know that you have a peace of mind because you have some guaranteed income components in your portfolio so that your lifestyle is not going to change. The only thing that might change and affect that is what we just talked about is taxes. So that's why we try to take a very conservative approach, put enough money into these strategies to cover those needs

should we have to. But we also want to do conversions beforehand if we can. But we also want to do conversions beforehand if we can, but we definitely want to make sure that our client's basic living needs are always met. And we do that through multiple strategies that work really, really well and give our clients a peace of mind. Well, it's kind of like what you alluded to. If you've got a certain percentage of, you know, in that guarantee and that's covering your your monthly expenses. And then if there's a little bit in some, you know, a volatility and there's either some up and down, that's not going to keep you from paying the light bill or putting food on the table. It might just mean you can't take that third vacation.

So I think having that same approach, it really does help that peace of mind so that people can wake up and know that I can do what I want to do today knowing that everything is dialed in. Well, I think it's the balancing act, Mike. You know, and that's for us to help our clients with because they don't know sometimes what feels comfortable and how to balance it. Whereas we've been doing this for so long. we kind of have an idea of what they're balancing should be, how much money should be protected, how much money should be guaranteed income, how much money should be in the marketplace,

if it's in the marketplace, what it should be in, you know, what their different comfort levels are and their risk tolerances and factors and all that stuff that we talk about. So it is definitely a very, it's not an exact science, but you have to be able to be nimble, you have to be able to adjust, and that's exactly. what we do with our clients throughout their whole lives. We want to be able to, as they have those life changes, we want to be nimble enough and effective enough and have enough tools, right? We don't, we're not just a carpenter that has a hammer and a screwdriver. We're a carpenter that has absolutely every financial tool that you could imagine. So we want to utilize those to best

benefit our clients. Absolutely. Love it. Well, when that is done, that gives that full holistic approach, bringing the team in, making sure everyone understands is on the same page. And if someone is interested in having that second look maybe at their portfolio and understanding what they could be up against from a positive sense, bringing that whole family office approach, what's the best way they can reach out and connect with you, Randy? Yeah, we love to help people. And that's, you know, why we do what we do, really. I mean, we do it to help people that don't know where to get this level of authenticity,

transparency and real, just really real relationships. And if you don't want any of that, that's fine. You don't have to pick up the phone. But if you do, our phone number is 800-988-78-8-5-5. That's 800-9-88-78-55. If you call, you will be serviced to the Gills because that's what we do. From the time we answer the phone to the time you walk in the door, the time you get on a Zoom call, we want to make sure that we listen really closely to what you want and we try to give you

everything that you ask for. And we will do it within reason. And so another way to reach out to us and just learn more about us is go to our website, which is www.hawkscapitalmanagement.com. That's HuxH-U-X capital with an A-L management.com. Huxcapitalmanagement.com. Huxcapitalmanagement.com You can kind of sniff around there. You can learn a little bit about our company and what we do in our philosophies, which are very similar to what I'm telling you today. Perfect. Thank you, Randy.

Really appreciate you coming back on. It's been a pleasure chatting with you. Yeah, enjoyed it. Always too. Thank you, Mike. You've been listening to Influential Entrepreneurs with Mike Saunders. To learn more about the resources mentioned on today's show or listen to past episodes, Visit www.

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