The Truth About Wealth

Vincent Tassone of Causeway Securities, one of the world's largest independent structured note distributors, joins John and Michael Parise to demystify structured notes and their expanding role in today's investment portfolios.  Listen as he breaks down what structured notes are; hybrid financial instruments combining a bond with a derivatives package, and explains how they offer … Read More Read More

What happens when a business suddenly loses a key player or faces a supply chain disruption?  That's where Madison Insurance Group's unique strategies come into play, offering peace of mind and financial protection for unforeseen business challenges. Join John and Michael Parise as they chat with Mark Sims and Aaron Quinn from Madison Insurance Group … Read More Read More

What does it mean to treat all family members fairly in terms of wealth distribution?  John and Michael Parise dive into the complexities of estate equalization within family businesses. In this episode, they unravel a recent case study highlighting the challenges faced when generational wealth intersects with family dynamics. Listeners are in for a detailed … Read More Read More

How can you create a legacy that spans generations? Join financial experts John and Michael Parise of Copper Beech Financial Group as they delve into the concept of leveraging assets to build and sustain generational wealth. This episode explores the strategic use of financial instruments like IRA accounts and life insurance to enhance family wealth … Read More Read More

What's the secret to leaving a lasting legacy through philanthropy?  Join John and Michael Parise as they sit down with Marlene Olshan and Ann Figueredo from Momentem Consulting Group. Together, they explore how families can define and achieve meaningful philanthropic goals. Marlene and Ann share their journeys and discuss Momentem's mission to help both non-profits … Read More Read More

Are you aware of the tax savings opportunities you're missing by not employing cost segregation in your real estate investments?  Get ready to uncover the untapped potential of tax method changes that could revolutionize your approach to wealth management! This week, Michael Parise and guest Vanessa Wallace Clunies from Tax Method Experts guide you through … Read More Read More

Are you ready for the next energy revolution? John and Michael Parise from Copper Beech Financial Group explore this critical topic with Mitch Kerr, Senior Portfolio Manager at Ategenos Capital. John, Michael, and Mitch examine the forces shaping global energy markets, from record-breaking oil production to the innovative potential of Small Modular Reactors (SMRs). Mitch … Read More Read More

What happens when gold outpaces all expectations in a world where currency devalues? In this episode, John and Michael Parise from Copper Beech Financial Group delve into this intriguing question with Andy Schectman from Miles Franklin.  John and Michael take you on an exploration of gold and silver markets, challenging the notion of free markets … Read More Read More

Have you reviewed your beneficiary designations lately? The impact could be more significant than you think. Ensuring your assets are inherited as you intend starts with one critical step: understanding the importance of asset succession and beneficiary designations. Today on The Truth About Wealth, John and Michael Parise of Copper Beech Financial Group explore the … Read More Read More

Take advantage of the full potential of your estate planning strategy by learning about purpose trusts. This episode, featuring David Warren from Bridgeford Trust, dives deep into innovative ways to protect your wealth for generations. John and Michael Parise bring back David, co-founder and chairman of Bridgeford Trust Company, to explore the innovative concept of … Read More Read More

Are you certain your family's financial future is secure for generations to come?  Understanding the true value of your wealth goes beyond numbers; it's about creating a lasting legacy. Today on The Truth About Wealth, John and Michael Parise revisit the foundation of Copper Beech Financial Group, explore the unique concept of a family CFO, … Read More Read More

Do you need help to hire and retain top talent for your business? In this episode, John and Michael Parise are joined by Max Hansen, CEO and co-founder of Y Scouts, the first-ever purpose-based leadership search firm. Together, they dive into the importance of hiring with purpose and discuss strategies for recruiting and retaining top … Read More Read More

How 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

How 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 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

How 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

Why 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

How 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

As 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

Why 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

There 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

Every 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

Do 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

Ever 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

What 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

Just 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

Do your kids and grandkids know your family's legacy?  Make sure they do by creating a video memoir!

Are 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 … Continue reading Navigating Blended Families and Estate Taxes: A Case Study Discussion (Ep. 109) →

If 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 … Continue reading The Role of Rare Tangible Assets in a Diversified Portfolio for Generational Wealth with Geoff Anandappa (Ep. 108) →

So 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 … Continue reading Helping Talent Find You with Chris Czarnik — Part 2 (Ep. 107) →

Do 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 … Continue reading Helping Talent Find You with Chris Czarnik — Part 1 (Ep. 106) →

Ready 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, … Continue reading Private Equity Investing 101 — Part 2 with Christopher Graham (Ep.105) →

It 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 … Continue reading Private Equity Investing 101 — Part 1 with Christopher Graham (Ep. 104) →

You 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 … Continue reading Turning Risk Into Opportunity Via Enterprise Risk Management with Kyle Hanson (Ep. 103) →

Today'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 … Continue reading Here's How Copper Beech Helps Business Owners Plan For Generational Wealth (Ep. 102) →

It'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 … Continue reading Shifting How We Work To Transform The Way We Live — Part 2 with Joe Mechlinski (Ep. 101) →

John 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 … Continue reading Celebrating 100 Episodes of The Truth About Wealth →

Change 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 … Continue reading Shifting How We Work To Transform The Way We Live — Part 1 with Joe Mechlinski (Ep. 99) →

Many 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 … Continue reading Market Outlook: Investing In 2023 with Christian Hyldahl, CFA® (Ep. 98) →

Many 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 … Continue reading Investing In Oil And Gas with Don Hosmer (Ep. 97) →

If 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 … Continue reading Insurance Options When US Insurance Providers Can't Cover Your Needs with Sean McNiff (Ep. 96) →

Every 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 … Continue reading Esoteric Tax Planning Strategies For American Businesses with Matthew Kirk (Ep. 95) →

They 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 … Continue reading Case Study: Don't Let Procrastination Hinder Your Generational Estate Planning (Ep. 94) →

Did 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. … Continue reading Cost Segregation In Real Estate — Part 2 with Isaac Downing (Ep. 93) →

Cost 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 … Continue reading Cost Segregation In Real Estate with Isaac Downing (Ep. 92) →

The 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 … Continue reading The Importance of Sobriety with Matthew Sullivan (Ep. 91) →

It'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 … Continue reading Drug Abuse and the Importance of Taking Action with Matthew Sullivan (Ep. 90) →

Having 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 … Continue reading Four Must-Know Mindset Shifts — Part 2 with Aprajita Anand (Ep. 89) →

We'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 … Continue reading The Emotional Connection To Generational Wealth with Aprajita Anand (Ep. 88) →

In 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 … Continue reading Structuring An Ownership Buy-Sell Agreement between Business Owners (Ep. 87) →

The 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 … Continue reading Mitigating The Stress In The Financial Marketplace (Ep. 86) →