Category Archives: Financial Planning

BluBrry Feature Image

Episode 39 – The Alternative Investment World Of Collectible Coins – With Guest Keith Jacobsen



Collectible coins are an excellent way to build your investment portfolio, or they could be an asset you pass down to the next generation.

John and Michael Parise speak with Keith Jacobsen, founder of the International Coin Alliance. Keith introduces us to the investment world of collectible coins, sharing some of his stories over his 25+ years experience.

In this episode, you will learn:

  • The number one advantage of investing in collectible coins
  • How collectible coins are positioned in the market
  • About collectible coin grades, and how important they are to a coin’s value
  • How the international markets affect how collectors operate
  • And more!

Tune in to learn about the alternative investment world of coin collecting!

Resources: Copper Beech Financial Group | International Coin Alliance | Keith Jacobsen

 


BluBrry Feature Image

Episode 38 – Premium Financing Of Life Insurance Policies – With Guest Darren Sugiyama



Premium financing is a strategic way to build wealth over time, but it does come with its risks.

In today’s episode of The Truth About Wealth Podcast, Michael is joined by Darren Sugiyama, author and Managing Partner for Lionsmark Capital. Darren examines premium financing, its benefits, the requirements needed to qualify, and more.

In this episode, you will learn:

  • What premium financing is
  • The danger of premium financing in current times
  • How a typical premium financing agreement works
  • The benefits of premium financing
  • And more!

Tune in now to learn about the value and risks of premium financing!

Resources:  Copper Beech Financial Group | Darren Sugiyama on LinkedIn | Lionsmark Capital Website


BluBrry Feature Image

Episode 37: When Planning Doesn’t Go as Planned



At Copper Beech Financial Group, we typically establish long-term relationships with clients and families, but our platform isn’t necessarily the right fit for every family. 

In this episode of The Truth About Wealth Podcast, John and Michael Parise discuss a hypothetical example of an estate plan that did not work out and cover the various reasons why this may happen. 

In this episode, you will learn:

  • Why some families are not the right fit for Copper Beech’s platform
  • The challenges that can come with estate planning for clients 
  • How to spot red flags during planning and how to maneuver these
  • Why estate planning is important to generational wealth
  • And more!

Tune in now to learn about estate planning and how to deal with plans that don’t work out.

Resources:  Copper Beech Financial Group  


BluBrry Feature Image

Episode 36: Charitable Lead Annuity Trust – With Derek Myron



What is a charitable lead annuity trust and how can it benefit taxpayers?

In this episode of The Truth About Wealth Podcast, Michael Parise speaks with Derek Myron from Centura Wealth Advisory to discuss charitable lead annuity trust. Derek provides an extensive look into the trust and its tax benefits.

In this episode, you will learn:

  • What the charitable lead annuity trust is, how it works, and its value to taxpayers
  • The number one risk of a charitable lead annuity trust
  • A detailed walkthrough of the three tax benefits of this transaction
  • And more!

Tune in to learn about charitable lead annuity trust!

Resources:  Copper Beech Financial Group | Centura Wealth Advisory


BluBrry Feature Image

Episode 35: Managing Family Businesses



Do you run a family business? How do you handle the daily challenges that may be unique to running a family business?

In this episode of The Truth About Wealth Podcast, John & Michael Parise discuss all things family business: what it’s like to run a family business, how Copper Beech was started, the different challenges they face and questions that needed answering.

In this episode, you will learn:

  • How John and Michael handle their personal relationship with their business relationship
  • Their experiences with running a family business
  • The importance of communication between all family members
  • How to determine if your kids are the right fit for the family business
  • And more!

Tune in to learn about John & Michael’s personal experience with family business!

Resources:  Copper Beech Financial Group 


BluBrry Feature Image

Episode 34 – Expand Your Wine Palette and Start Your Collection –– With Tim O’Rourke



Have you ever wondered how wine goes from the vineyard to your glass? Do you want to know if you’re storing your wine correctly for optimal flavor?

In this episode, John and Michael Parise are joined by Tim O’Rourke, a wine investor with an impressive collection that was featured on the cover of Wine Spectator magazine. This fun conversation will give you recommendations on which regions to try, fantastic wines for $20, how to start collecting wine, how to store it properly, and more!

In this episode, you’ll learn:  

  • The intricate details of the wine making process
  • How to store wine correctly
  • How to starting expanding your collection
  • A brief history of wine in various regions
  • And more!

Tune in to learn about the world of wine!

Resources:

 Copper Beech Financial Group 


BluBrry Feature Image

Episode 33 – The Importance of Creating a Business Succession Plan



Having no business succession plan can be detrimental to family wealth.

In this episode of The Truth About Wealth Podcast, John & Michael Parise begin a new series of case studies in which they examine the situation of a past client, discuss their specific needs, and the steps they took to create their plan. 

In this episode, you will learn:  

  • A variety of ways to handle business succession 
  • Why ESOP could be the answer, and it’s value to employees
  • How to approach asset protection
  • Real process, implementation, and problem-solving examples 
  • And more!

Tune in to hear a real-life example of creating a business succession plan.

Resources:  Copper Beech Financial Group 


BluBrry Feature Image

Episode 32: Impact Investing — with Christopher Vroman and Dr. Laura Fenster Rothchild



Organizations are using impact investing to tackle social issues alongside a financial return. 

In this episode of The Truth About Wealth Podcast, John & Michael Parise sit down with guests Christopher Vroman and Dr. Laura Fenster Rothschild of Emmett Partners to discuss impact investing, and how organizations are transitioning to the practice. 

In this episode, you will learn:  

  • The basic concept of impact investing
  • About the broad spectrum of impact investing
  • The benefits of impact investing
  • Why companies looking to create impact will become more prosperous in the future
  • And more!

Tune in to learn about impact investing!

Resources  Copper Beech Financial Group | Emmett Partners


BluBrry Feature Image

Episode 31 – Your Common Concerns Answered



Likely, when it comes to your wealth, you have some questions and concerns about longevity through generations. We’re here to help.

In this episode of The Truth About Wealth Podcast, John and Michael Parise discuss common concerns they hear from families, and share how they approach these situations. 

In this episode, you will learn:

  • How you can stay on top of change and be proactive
  • Why it’s important to plan with future generations in mind
  • Why getting an outside perspective provides a different outlook on financial decisions 
  • How another family’s cause for concern can help you make both short-and-long-term decisions for your own wealth
  • And more!

Learn about how various perspectives can help in your decision-making process.

Resources:  Copper Beech Financial Group 

 


BluBrry Feature Image

Episode 30 – A Family Mission Statement is Key for Your Legacy



Family mission statements are one of the most important parts of our clients’ financial legacies.

In this episode of The Truth About Wealth Podcast, John Parise tackles the subject of family mission statements, and why they are the key to your legacy. 

In this episode, you will learn:

  • How the Copper Beech team approaches these letters with families
  • The purpose of a family mission statement
  • The process of establishing the mission statement
  • The difference between the mission statement and legacy letters
  • How the mission statement helps to create equity in the family
  • And more!

Tune in to this episode to learn about family mission statements!

Resources

Copper Beech Financial Group