September 4, 2024
Investing in Legacy: Joel Hubbard on Chestnut Orchards and Building Balanced Portfolios
In the latest episode of Branching Out: Growing Together, I had the pleasure of speaking with Joel Hubbard—a highly respected CPA, registered investment advisor, and founder of Executive Money Managers. But he’s also the passionate grower behind Georgia Chestnuts, LLC.
Together, we explored how smart financial planning and agricultural investments can go hand-in-hand. From balanced portfolios to regenerative farming, Joel shares why chestnut orchards are more than a crop—they’re a legacy.
🎧 Watch the full episode:
📺 Joel Hubbard on YouTube
What Makes a Balanced Investment Strategy?
Joel opened the conversation with foundational advice on wealth-building:
“A balanced portfolio should encompass cash, investments in the stock market, bonds, and real estate—tailored to individual circumstances.”
What stood out was how land—and specifically, chestnut orchards—can serve as a counter-cyclical asset, offering stability when traditional investments fluctuate.
From Timberland to Chestnuts: Why Joel Made the Switch
Years ago, Joel helped me evaluate timberland options. Today, he’s planted acres of chestnuts in Georgia, and he’s more optimistic than ever.
Why chestnuts?
- Research shows chestnuts can be 12 times more profitable than pecans
- They offer shorter time-to-harvest than pine trees
- The trees support sustainable land use and long-term family wealth
Joel’s passion is personal. His childhood memories of pecan groves in South Georgia inspired a new dream—one where his grandchildren harvest chestnuts decades from now.
Buying Land? Joel’s Tips Are Gold
When it comes to buying land, Joel doesn’t sugarcoat the complexities. But he does offer a clear roadmap:
- Understand tax implications before you buy
- Consider LLC ownership structures or conservation easements
- Work with advisors who “eat their own cooking”—professionals who invest the way they advise
Whether you’re buying your first acre or expanding your farm, his message is simple: land is a long-term asset that deserves thoughtful planning.
Insights from the Forest Landowners Association
Joel’s work as a speaker for the Forest Landowners Association gives him a front-row seat to the future of rural land ownership.
A theme that emerged:
“Intergenerational land transfer isn’t just about handing over property—it’s about securing buy-in from the next generation.”
He shared stories of bringing his daughter and grandchildren into the chestnut orchard—connecting family to farming in a tangible, emotional way.
Thinking About Chestnuts? Here’s Joel’s Advice:
- Start with land assessment – Understand your soil, drainage, and slope.
- Know the land’s history – What was planted before? Any chemical use?
- Plan for labor and maintenance – Chestnuts are lower maintenance than row crops but still require attention.
Financing Options for Land Ownership
Joel walked us through three types of lenders:
| Lender Type | Advantages |
|---|---|
| Commercial Banks | Often faster approval, standard terms |
| Community Banks | Local relationships, flexible decisions |
| Ag Credit (e.g., AgSouth) | Low interest, tailored to rural landowners |
If you’re serious about owning land for chestnuts, now’s the time to explore these options.
Final Thoughts: Chestnuts as Financial and Emotional Wealth
This episode with Joel reminded me that financial planning and farming are more connected than we realize. Chestnuts represent more than profit—they represent purpose. A chance to build something lasting, rooted in soil and legacy.
📍 Connect with Joel Hubbard
Executive Money Managers
236 North Cherokee Road, Social Circle, GA 30025
📞 (770) 953-1135
🌰 Ready to Grow Your Own Legacy?
If Joel’s story inspired you, we invite you to join the growing movement.
Check out the resources at unitedchestnuts.com to:
- Subscribe
- Explore chestnut tree and nut sales
- Connect with growers nationwide
- Listen to more stories on the Branching Out podcast
Let’s make chestnut farming visible, viable, and collaborative—nationwide.