The Truth About Wealth
130 episodes - English - Latest episode: 16 days ago - ★★★★★ - 14 ratingsBeing a successful CFO starts with asking yourself questions that will give your family a better life now and for generations to come. In this podcast, financial professionals John and Michael, from Copper Beech Financial Group, guide you through eye-opening questions to help you discover the truth about your wealth.
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Episodes
Preparing Tax Strategies for the Upcoming Tax Provision Changes (Ep. 124)
April 03, 2024 11:00 - 34 minutes - 31.7 MBHow do the changing tax provisions impact your financial planning? Today on The Truth About Wealth, John and Michael Parise discuss the implications of the expiring tax provisions from the Tax Cuts and Jobs Act. They underscore the necessity of proactive tax planning and the importance of consulting with advisors to maximize benefits before these … Read More Read More
Increasing Tax Efficiency and Asset Protection Through MSOs with Doug Dickey (Ep. 123)
March 20, 2024 11:00 - 30 minutes - 27.8 MBHow can Management Services Organizations (MSOs) enhance tax efficiency and asset protection for businesses? Today on The Truth About Wealth, John and Michael Parise welcome back Doug Dickey, CPA, CEPA, Manager, and Shareholder at DRDA, PLLC, for a conversation about the intricacies of management services organizations (MSOs). Doug provides a comprehensive explanation of MSOs, detailing … Read More Read More
Is a C Corporation Right for You? with Doug Dickey (Ep. 122)
March 06, 2024 18:22 - 27 minutes - 21.1 MBIs becoming a C Corporation the best tax strategy for your business? Today on The Truth About Wealth, John and Michael Parise speak with Doug Dickey, CPA, CEPA, Manager, and Shareholder at DRDA, PLLC, about the benefits and tax implications of using C corporations for business structures post Tax Cuts and Jobs Act. They explore … Read More Read More
Case Study: How Upline Planning Helps Families Preserve Wealth Through Generations (Ep. 121)
February 21, 2024 11:00 - 35 minutes - 32.5 MBHow can generational planning help secure your family’s wealth for the future? Today on The Truth About Wealth, John and Michael Parise get together for a follow-up from the previous episode about upline generational planning. This week, they explore two case studies: the first concerning a family business owner with asset protection needs due to … Read More Read More
Upline Planning: What it is & Why You Need to Do it (Ep. 120)
February 07, 2024 11:00 - 30 minutes - 27.6 MBWhy is generational planning crucial for protecting your family’s wealth? Today, John and Michael Parise discuss upline planning with a focus on the importance of generational planning and asset protection. They highlight the potential conflicts within families during asset distribution and the value of trusts. John and Michael also explore a strategy to maximize income … Read More Read More
Securing Your Family’s Future Wealth Q&A (Ep. 119)
January 24, 2024 11:00 - 34 minutes - 31.2 MBHow can you secure your family’s future wealth? In short, anticipate change, stay informed, and reach out to your advisor. This week, John and Michael Parise elaborate with a discussion about the importance of proactive wealth management. They highlight the need for individuals to ask questions, educate themselves, and consult with their advisors to secure … Read More Read More
Nurturing Wealth, Values, and an Entrepreneurial Mindset Across Generations (Ep. 118)
January 10, 2024 11:00 - 29 minutes - 27.1 MBAs you transfer your hard-earned assets to your children and groom them to assume control of the family business, you likely want to imbue them with your core family values and an entrepreneurial mindset. But how do you initiate an open dialogue? When is the best time to do it? John and Michael Parise answer … Read More Read More
Estate Planning For Younger Families with Chris Ruffino (Ep. 117)
December 27, 2023 11:00 - 29 minutes - 26.9 MBWhy is estate planning crucial for younger families? Chris Ruffino joins Michael Parise to talk about estate planning and why it’s important not only for older generations but for younger families, too. Together, they go over topics such as guardianship, trusts, asset protection, privacy, and coordination of planning between generations. Michael and Chris discuss: Why … Read More Read More
Unpacking The Complexities of Roth IRAs With Chris Ruffino (Ep. 116)
December 13, 2023 11:00 - 28 minutes - 26 MBThere have been recent changes in tax laws for Roth accounts. Ready to go over them? In this episode, Chris Ruffino and Michael Parise go into the basics of Roth accounts and the recent changes in tax laws. Chris explains the difference between traditional IRAs, and Roth IRAs while introducing the concepts of a ‘backdoor’ … Read More Read More
Navigating Family Dynamics With Family Coaching featuring Alex Kirby (Ep. 115)
November 29, 2023 13:00 - 38 minutes - 35.5 MBEvery strong family is like a winning team, and just like any successful team, they thrive with the guidance of a dedicated coach. Alex Kirby, the Founder and CEO of Total Family Management, joins John and Michael Parise to talk about the concept of family coaching. Alex explains how his company helps families improve their … Read More Read More
Estate Planning: Making The Backstage Process Easier (Ep. 114)
November 16, 2023 16:34 - 36 minutes - 33.6 MBDo you have a plan for the backstage of generational wealth management? If you don’t, it’s never too early to start capturing the history and values of your family founders. In this episode, John and Michael Parise discuss the importance of planning for the backstage of wealth management, particularly in the event of the passing … Read More Read More
The Hidden World of the U.S. Mint with David J. Ryder (Ep. 113)
November 01, 2023 05:00 - 26 minutes - 24.3 MBEver wondered about the journey of the coins in your pocket? This week on The Truth About Wealth, John and Michael Parise from Copper Beech Financial Group dive into this fascinating world with David J. Ryder, who served as the U.S. Mint Director under two different presidents. From his early days on Wall Street to … Read More Read More
Taking The Plunge To Build Generational Wealth — The Next Phase of Copper Beech with Chris Ruffino (Ep. 112)
October 18, 2023 11:00 - 29 minutes - 27.2 MBWhat if your financial advisor cared about the next three generations of your family? In this episode, Copper Beech’s newest advisor, Chris Ruffino, sits down with hosts John and Michael Parise to answer this pivotal question. Together, they illuminate the multidimensional, generational approach that Copper Beech takes towards financial planning. John, Michael, and Chris discuss: … Read More Read More
Wine Not Three-Peat? Bordeaux Unveiled with the Return of Tim O’Rourke (Ep. 111)
October 04, 2023 11:00 - 38 minutes - 34.9 MBJust as true wealth is more than money, the beauty of Bordeaux goes beyond the bottle. In this episode, John and Michael Parise welcome back guest Tim O’Rourke (for the third time!) to navigate the captivating world of Bordeaux wines. Listen in as they dive into the history, production, and unique characteristics that make Bordeaux … Read More Read More
Preserving Your Family History And Creating A Lasting Legacy (Ep. 110)
September 20, 2023 11:00 - 35 minutes - 26.2 MBDo your kids and grandkids know your family’s legacy? Make sure they do by creating a video memoir! 🎥 In this episode, John and Michael Parise shed light on the importance of transferring values when transferring wealth to create a lasting legacy. They go over some of the questions they ask the families they work … Read More Read More
Navigating Blended Families and Estate Taxes: A Case Study Discussion (Ep. 109)
September 06, 2023 11:00 - 31 minutes - 42.6 MBAre you struggling with complex estate planning situations? In this episode, John and Michael Parise uncover two case studies, one that worked and one that didn’t. Throughout the two case studies, Michael explains his role in the estate planning process and the challenges of working with a business owner with significant estate tax exposure. Adding … Read More Read More
The Role of Rare Tangible Assets in a Diversified Portfolio for Generational Wealth with Geoff Anandappa (Ep. 108)
August 23, 2023 11:00 - 32 minutes - 44.8 MBIf you’re looking to diversify your portfolio and try to hedge some of the global inflation investors are seeing today, you might want to consider adding rare tangible assets or collectibles to your portfolio. In this episode, John and Michael Parise speak with Geoff Anandappa, a specialist in rare tangible assets and the founder of … Read More Read More
Helping Talent Find You with Chris Czarnik — Part 2 (Ep. 107)
August 09, 2023 11:00 - 31 minutes - 43.1 MBSo you made your job posting findable and found your key talent… How to ensure they stay with your company? In this episode, Michael Parise and Chris Czarnik briefly recap part one of this two-part miniseries focused on making job postings more findable. This time, they are back to unveil tips and tricks around employee … Read More Read More
Helping Talent Find You with Chris Czarnik — Part 1 (Ep. 106)
July 26, 2023 11:00 - 29 minutes - 41 MBDo you ever wonder why it is so difficult to find experienced candidates? In this episode, Michael Parise speaks with Chris Czarnik about why businesses are struggling to find recruitment in the current job market. Chris covers the impact of the experience and generational gap in the workforce while explaining how companies can find more … Read More Read More
Private Equity Investing 101 — Part 2 with Christopher Graham (Ep.105)
July 12, 2023 11:00 - 32 minutes - 45 MBReady to continue learning about private equity investing? Welcome back! In this episode, John and Michael Parise are joined by returning guest Christopher Graham, the founder and CEO of Crown Capital Investments. The last conversation covered how private equity works, what investors should look at, and how it’s structured. This time, Christopher continues the lesson, … Read More Read More
Private Equity Investing 101 — Part 1 with Christopher Graham (Ep. 104)
June 21, 2023 11:00 - 40 minutes - 27.7 MBIt may be tempting to get into the world of private equity investing, but it’s important to get the basics under your belt first. In this episode, John and Michael Parise bring on Christopher Graham, the founder, CEO, and CIO of Crown Capital Investments, to teach you how private equity works, what investors should look … Read More Read More
Turning Risk Into Opportunity Via Enterprise Risk Management with Kyle Hanson (Ep. 103)
May 17, 2023 11:00 - 39 minutes - 28.9 MBYou can protect your business against risks while also leveraging them as opportunities for growth. In this episode, John and Michael Parise are joined by Kyle Hanson, the director of business development at Madison Insurance Group, to talk about enterprise risk management. Kyle unveils the firm’s application of SWOT analysis to enterprise risk management … Read More Read More
Here’s How Copper Beech Helps Business Owners Plan For Generational Wealth (Ep. 102)
May 03, 2023 11:00 - 40 minutes - 56.2 MBToday’s topic is pertinent to business owners. If you’re grappling with unique financial challenges related to entrepreneurship and business ownership, this episode is for you. This week, John and Michael Parise explore a case study about a client who owns a business. They provide a detailed walkthrough of their process from start to finish while … Read More Read More
Shifting How We Work To Transform The Way We Live — Part 2 with Joe Mechlinski (Ep. 101)
April 19, 2023 11:00 - 30 minutes - 41.7 MBIt’s no secret that the hybrid working environment has evolved. So, how can companies make sure their employees are bringing their A-game and representing their values without scheduling yet another Zoom meeting? In this episode, John and Michael Parise continue their conversation with Joe Mechlinski, the CEO of SHIFT. This time, Joe unveils the challenges … Read More Read More
Celebrating 100 Episodes of The Truth About Wealth
April 05, 2023 11:00 - 35 minutes - 48.2 MBJohn and Michael Parise have made it to 100 episodes! And this week’s release is all about celebrating this achievement with you! Listen in as John and Michael celebrate their 100th episode by reflecting on their podcasting experiences. Together, they share some stories, reminisce about past episodes, and reveal their favorite moments as podcasters. John … Read More Read More
Shifting How We Work To Transform The Way We Live — Part 1 with Joe Mechlinski (Ep. 99)
March 22, 2023 11:00 - 35 minutes - 29 MBChange starts by shifting our working environment. Would you agree? In this episode, John and Michael Parise explore how transforming the way we work can have a profound impact on the real world with Joe Mechlinski, the CEO of SHIFT. Joe unpacks how SHIFT helps companies effectively manage their resources and create engaged employees. He … Read More Read More
Market Outlook: Investing In 2023 with Christian Hyldahl, CFA® (Ep. 98)
February 08, 2023 11:00 - 29 minutes - 41.2 MBMany investors have cold feet and want to pull out of the market for 2023, but sometimes the best option is to take a deep breath, put your emotions aside, and wait a little longer. In this episode, John and Michael Parise talk to Christian Hyldahl from Varium Investment Partners about investing in 2023. Christian … Read More Read More
Investing In Oil And Gas with Don Hosmer (Ep. 97)
December 28, 2022 11:00 - 29 minutes - 39.8 MBMany people have been questioning oil and gas with regard to America’s current politics. Luckily, Don Hosmer from Royale Energy, Inc., is here to provide us with some insight! In this episode, John and Michael Parise speak with Don Hosmer from Royale Energy, Inc. Don talks about investing in oil and gas. He highlights the … Read More Read More
Insurance Options When US Insurance Providers Can’t Cover Your Needs with Sean McNiff (Ep. 96)
December 07, 2022 11:00 - 27 minutes - 23.3 MBIf your traditional insurance provider won’t cover specific risks for you or your business, you have additional options to protect yourself, your business, and your family. In this episode, John and Michael Parise interview Sean McNiff from Exceptional Risk Advisors about some alternative insurance the firm provides. Sean shares a variety of case studies, from … Read More Read More
Esoteric Tax Planning Strategies For American Businesses with Matthew Kirk (Ep. 95)
November 23, 2022 11:00 - 33 minutes - 29.7 MBEvery business owner wants to save on taxes, and there’s a variety of tax planning strategies available in the US. In this episode, John and Michael Parise speak with Matthew Kirk from Holland & Knight about an esoteric tax planning strategy that not many American businesses know about. Matthew gives an overview of the tax … Read More Read More
Case Study: Don’t Let Procrastination Hinder Your Generational Estate Planning (Ep. 94)
November 09, 2022 11:00 - 40 minutes - 33.4 MBThey say, “an ounce of prevention is worth a pound of cure.” When families procrastinate with advanced estate planning, it can jeopardize the success of the next generation and their assets. In this episode of The Truth About Wealth, John and Michael Parise share a case study that illustrates how they’ve been helping one particular … Read More Read More
Cost Segregation In Real Estate — Part 2 with Isaac Downing (Ep. 93)
October 19, 2022 11:00 - 24 minutes - 33.5 MBDid you know that cost segregation studies can be conducted on commercial and residential properties? This week on The Truth About Wealth, Isaac Downing, the regional director at Capstan Tax Strategies, is back to unpack everything you need to know about the 1031 Exchange and cost segregation studies within commercial and residential real estate properties. … Read More Read More
Cost Segregation In Real Estate with Isaac Downing (Ep. 92)
October 05, 2022 11:00 - 28 minutes - 38.5 MBCost segregation in real estate has been a taboo subject for many investors. However, there are several tax benefits to consider when implementing cost segregation within the properties you own. In this episode of The Truth About Wealth, Michael Parise sits down with Isaac Downing, regional director at Capstan Tax Strategies. Isaac unpacks the ins … Read More Read More
The Importance of Sobriety with Matthew Sullivan (Ep. 91)
September 21, 2022 11:00 - 32 minutes - 44 MBThe pathway to sobriety from drugs and alcohol isn’t a linear one. There is potential to have many ups and downs. And here’s where treatment facilities like the American Treatment Network help individuals get sober to become functioning members of society. In this release of The Truth About Wealth, John and Michael Parise welcome their … Read More Read More
Drug Abuse and the Importance of Taking Action with Matthew Sullivan (Ep. 90)
September 07, 2022 11:00 - 32 minutes - 44.9 MBIt’s no secret that drug abuse can have harmful consequences for addicts and their families. Hence, it’s crucial to take action and work alongside experts who know what steps to take. In this episode, John and Michael Parise sit down with the co-founder and Chief Executive Officer of the American Treatment Network, Matthew Sullivan. Together … Read More Read More
Four Must-Know Mindset Shifts — Part 2 with Aprajita Anand (Ep. 89)
August 24, 2022 11:00 - 48 minutes - 37.8 MBHaving access to tremendous wealth can’t help you control the uncontrollable. Whether it’s the COVID-19 pandemic or the stock market crash, there are things in life that we have no control over. However, you can change the way you think about problems out of your control. This week, John and Michael Parise welcome their returning … Read More Read More
The Emotional Connection To Generational Wealth with Aprajita Anand (Ep. 88)
August 10, 2022 13:37 - 38 minutes - 30.4 MBWe’ve all heard the phrase “money can’t buy happiness.” The COVID-19 pandemic has made the relationship between money and happiness more daunting and adding social media to the mix only complicates the matter. In this episode of the Trust About Wealth, John and Michael Parise sit down with learning specialist Aprajita Anand. Known as the … Read More Read More
Structuring An Ownership Buy-Sell Agreement between Business Owners (Ep. 87)
July 27, 2022 11:00 - 35 minutes - 49.2 MBIn business, owners retiring, passing away, or leaving are instances that happen more frequently than we may think. So, how to incorporate this information into a written agreement, especially when someone passes away? John and Michael Parise from Copper Beech Financial Group are here to answer this and more! This week, John and Michael unpack … Read More Read More
Mitigating The Stress In The Financial Marketplace (Ep. 86)
July 13, 2022 11:00 - 32 minutes - 44.1 MBThe past two years have caused multiple stressors in the financial marketplace. Inflation, oil prices, the uncertainty of the dollar, global issues, the war between Russia and Ukraine, and others have made decision-making around our financial future a more daunting task. But don’t worry. John and Michael Parise from Copper Beech Financial Group are here … Read More Read More
Employment Post COVID-19 (Ep. 85)
June 29, 2022 11:00 - 40 minutes - 55 MBThe COVID-19 pandemic shifted the way industries have conducted business. Many companies shifted to a remote working model. However, what happens when companies try to get employees that have been working remotely throughout the pandemic to come back into an office setting full time? In this episode, John and Michael Parise discuss the challenges that … Read More Read More
Looking To Sell Your Business? Here Are Your Options (Ep. 84)
June 15, 2022 11:00 - 42 minutes - 58.7 MBSo you’re looking to sell your business. Remember, you can’t spell succession without success. In this episode of The Truth About Wealth, John and Michael Parise cover all the options you have when selling your business. John and Michael detail how to determine the right time, the timelines you should follow, and the pros and … Read More Read More
Learn How To Allocate Your Assets To Meet Goals (Ep.83)
June 01, 2022 11:00 - 40 minutes - 56 MBDo you know what to do when the markets are saturated? A good idea is to reallocate your assets to protect your investment portfolio. This week, John and Michael Parise go back to basics with a conversation on asset classes. They categorize them while explaining what to do with them, what to expect from them, … Read More Read More
Looking into Future Economic Trends (Ep. 82)
May 18, 2022 11:00 - 36 minutes - 50.6 MBRight now interest rates and inflation are higher than most of us have ever seen. The market is changing and in the next 18 to 24 month it will look different than the slow rise that we have been used to seeing in the past 12 years. In this episode of The Truth About Wealth, … Read More Read More
How to Pay for Estate Taxes (Ep. 81)
May 04, 2022 11:00 - 34 minutes - 5 MBIf you are set to have an estate tax, how might that tax get paid? Can we get that tax to zero? In this episode, John and Michael discuss their approach to estate taxes. In their approach, taxes are voluntary and planning is essential to ensure your loved ones have a plan and the means … Read More Read More
Investigating the Real Estate Asset Class with Steven Kantor & Michael Brown, Part Two (Ep. 80)
April 20, 2022 11:00 - 31 minutes - 42.8 MBIn today’s market, many investors and clients are coming off of a decade of strong stock market wins and are now wondering, what’s next? With inflation concerns running rampant, many people are starting to look at the real estate asset class for answers. In this episode John and Michael Parise welcome back guests Steven Kantor … Read More Read More
Investigating the Real Estate Asset Class with Steven Kantor & Michael Brown, Part One (Ep. 79)
April 06, 2022 11:00 - 32 minutes - 44.6 MBReal estate is an asset class that comes up in almost every single client meeting. And, while it is a must-have in any portfolio, real estate is a broad asset class that is changing and evolving generation by generation. In this episode John and Michael Parise welcome guests Steven Kantor and Michael Brown for part … Read More Read More
A Journey into the World of Spanish Wine with Tim O’Rourke (Ep. 78)
March 23, 2022 11:00 - 32 minutes - 44 MBIf you are a lover of high quality wines that don’t break the bank, this deep dive into the various wine regions of Spain is for you. In this episode, John and Michael Parise welcome back guest Tim O’Rourke to discuss the different wine regions of Spain, the complex history that has shaped the Spanish … Read More Read More
Distinguishing Between Market Noise and Market Impact with Paul Dietrich, Part 2 (Ep. 77)
March 09, 2022 11:00 - 32 minutes - 44.7 MB2021 was a year full of ups and downs. Will 2022 be the same? In the latest episode, John and Michael Parise welcome back guest Paul Dietrich for part two of a two part series where we review the events of 2021, their impacts on the economy, and what 2022 may have in store. John, … Read More Read More
Distinguishing Between Market Noise and Market Impact with Paul Dietrich (Ep. 76)
February 23, 2022 11:00 - 33 minutes - 46.6 MBHave you been wondering what the rest of 2022 has in store for the stock market? Or how the pending Russian/Ukraine conflict, the Build Back Better Infrastructure Bill, or the ever-growing federal debt, might impact the market? In the latest episode, John and Michael Parise welcome back guest Paul Dietrich to discuss how you can … Read More Read More
How to Choose the Right Trustee with David Warren (Ep.75)
February 09, 2022 10:00 - 38 minutes - 52.6 MBWhen estate planning, one of the most difficult decisions is choosing the right trustee for your family. But it doesn’t have to be. In this episode, John and Michael Parise speak with David Warren, J.D., co-founder, and chairman of Bridgeford Trust Company about the challenges of picking the right trustee and/or trust company, and highlights … Read More Read More