Tag Archives: Financial Planning

Market Outlook: Investing In 2023 with Christian Hyldahl, CFA® (Ep. 98)

February 8, 2023Finance, Financial, Financial Planning, Truth, Wealth2023, Call Strategy, Copper Beech Financial Group, Economy, Emotions, Financial Planning, Investing, Investors, Market Outlook, Money, Podcast, Portfolio Management, The Truth About Wealththetruthaboutwealth

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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 shares his approach to investing, what he believes 2023 has to offer, and some advice for nervous investors who want to pull their money out of the market completely.

Christian discusses:

The 2023 market outlook
A comparison of active and passive portfolio management
What’s a cover call strategy and its benefits if done properly
His advice for nervous investors and reasons to stay invested
And more!

Resources:

Looking into Future Economic Trends (Ep. 82)

Connect with Christian Hyldahl:

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About Our Guest:

Christian Hyldahl, CFA®, is the founder and president of Varium Investment Partners. He has 27 years of portfolio management, investment strategy, and research experience across multiple investment styles and products under his belt. Christian is consistently a top portfolio manager in multiple equity categories. Christian is a chartered financial analyst and obtained his master’s of business administration from the Fuqua School of Business, Duke University. Before that, he attended the London School of Economics for their specialized program in international economics and asset management and obtained his Bachelor of Arts in English and History from Bucknell University.

Insurance Options When US Insurance Providers Can’t Cover Your Needs with Sean McNiff (Ep. 96)

December 7, 2022Finance, Financial, Financial Planning, Truth, WealthCopper Beech Financial Group, Exceptional Risk Advisors, Financial Advisors, Financial Planning, Insurance, John and Michael Parise, Lloyd’s of London, Podcast, Risk, The Truth About Wealththetruthaboutwealth

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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 examples of when his work made a significant impact on his clients to some interesting insurance stories. He also talks about the creativity and customization that goes into protecting businesses and families.

Sean discusses:

What do Exceptional Risk Advisors and other cover holders for Lloyd’s of London do, who they insure, and what they cover
A variety of insurance case examples of when his work seemed to make a huge difference for his client base
Why it’s so important for business owners to regularly update their net worth valuations for insurance
The creativity and customization that goes into protecting families and businesses
And more!

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About Our Guest:

Sean McNiff is the Vice President of Business Development & Marketing at Exceptional Risk Advisors. He is passionate about developing new business relationships and educating the marketplace. Sean has been with Exceptional Risk Advisors from the day it was founded. His focus lies in working with sophisticated life, executive benefit, and disability insurance advisors whose clients can benefit from partnering with Exceptional Risk Advisors.

Sean received a BA in Communications and graduated Magna Cum Laude from the University of Rhode Island. When he’s not advising clients, he’s outside playing tennis, hiking, skiing, and spending time with his wife and their two children.

Mitigating The Stress In The Financial Marketplace (Ep. 86)

July 13, 2022Finance, Financial, Financial Planning, Truth, WealthClients, Copper Beech Financial Group, Estate Tax, Financial Advisor, Financial Decisions, Financial Marketplace, Financial Planning, Industry, John and Michael Parise, Market Research, Risk Management, Support, The Truth About Wealth Podcastthetruthaboutwealth

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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 to help you so that you help your clients!

This week, this father-son duo unveils the tips and tricks advisors need to support their clients and their financial decisions in this fast-changing marketplace. John and Michael also unpack important conversations you must address with your clients.

John and Michael discuss:

Ways the economy has shifted since 2020
The value of asking and answering the “tough questions”
Estate tax changes and ways it impacts those taking risks
The importance of conducting market research
Some industry shortcomings
And more!

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Looking To Sell Your Business? Here Are Your Options (Ep. 84)

June 15, 2022Finance, Financial, Financial Planning, Truth, WealthBusiness, Copper Beech Financial Group, ESOP, Family, Financial Advice, Financial Advisors, Financial Planning, Generations, John and Michael Parise, Leadership, Selling Your Business, Succession Plan, The Truth About Wealththetruthaboutwealth

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So 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 cons you should consider when looking to sell a family business.

John and Michael discuss:

The importance of having a succession plan for your business
The value of leadership and generational family conversations when you’re looking to sell your business
How to determine if it’s viable to keep your family business
The truth about selling your company to a strategic purchaser or a competitor
What are the benefits of selling your business to your management team
What you should know about employee stock ownership plans (ESOP) and how they can help your succession
And more!

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How to Pay for Estate Taxes (Ep. 81)

May 4, 2022Finance, Financial, Financial Planning, Truth, WealthCopper Beech Financial Group, Estate Planning, Estate Taxes, Federal Taxes, Financial Advisor, Financial Planning, John and Michael Parise, The Truth About Wealth Podcastthetruthaboutwealth

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If 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 to pay for estate taxes when the time comes.

John and Michael discuss:

The best and worst ways to pay your estate taxes
Section 6166 for business exclusions on estate taxes
Gregan loans and how they can reduce your estate tax
The importance of starting early when it comes to planning
And more

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67. Concerns That Are Keeping Everyone Up At Night

October 13, 2021Finance, Financial, Financial Planning, Truth, WealthCopper Beech Financial Group, Estate Planning, Financial Planning, Inflation, John and Michael Parise, Taxes, The Truth About Wealth Podcastthetruthaboutwealth

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There are a number of questions and concerns that clients ask for clarification about, from inflation, to proposed tax changes, how those will impact their accounts, and more.

In this episode, John and Michael Parise have an open discussion about questions they regularly receive from their clients and aim to answer these frequently asked questions. They explain why you need to stay on top of your financial affairs and get them in order, plus, how businesses may have to approach employee retention in the near future.

John and Michael discuss:

How inflation is affecting everything in our lives
Potential tax code changes being proposed in Washington and how they may impact you
Why you need to be on top of your financial affairs
Why employee retention will become increasingly important in the near future
And more

Resources:

Connect with John and Michael:

Copper Beech Financial Group: (856) 988-8300
John Parise
Michael Parise

61. The Generational Impact Of The SECURE Act Part Two

July 21, 2021Finance, Financial, Financial Planning, Truth, WealthCopper Beech Financial Group, Financial Planning, Future, Generational Planning, John and Michael Parise, SECURE Act, Taxes, The Truth About Wealth Podcastthetruthaboutwealth

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A new provision in the SECURE Act requires children that inherit an IRA or a qualified plan to essentially withdraw those funds no later than 10 years after the date of death. How can you ensure that your child gains the most from their inheritance after you are gone?

In part two of this series, John and Michael Parise discuss possible solutions for this new provision to the SECURE Act. They reveal the various types of accounts you can utilize and share the importance of keeping future generations in mind.

You will learn:

How you can prepare for your children’s inheritance with the new provisions to the SECURE Act
What type of accounts and investments may be the best fit for you
The importance of taking future generations into account when creating your plan
And more!

Resources:

Episode 19 – Life Insurance as an Asset Class

Connect with Copper Beech

Copper Beech Financial Group: (856) 988-8300
LinkedIn: John Parise
LinkedIn: Michael Parise