Description

Greg Johnson is a wealth manager with Paradigm Wealth Management. He has been in the

financial services industry for over 30 years working with Northern Trust, Bear Stearns, and Koch Industries. He graduated from Creighton University (Go Jays!) and has an MBA from the University of Chicago. He is married with 3 children and in his spare time, he coaches girls' lacrosse at Hinsdale Central High School enjoys golf, live music, and walks with his 100 lb. Labrador, Arnie.

In this episode, Philip and Greg Johnson discuss: 

• Strategic planning and advanced tax strategies
• Having a more client-aligned approach 
• The shift toward accessibility for private equity companies
• The role of alternative investments

Key Takeaways:

• Investment is not just about the ebb and flow of finances—it's also about strategic planning to maximize after-tax income. Advanced tax strategies need not be intimidating. 1031 exchanges with DST, tax loss harvesting, and municipal bond investments are examples of accessible strategies. These conversations bring to light not just the fiscal but also political nuances like those surrounding oil and gas investments.
• Moving away from the past's commission-based structures, RIAs now offer a more client-aligned approach, focusing on customized strategies for individuals. The modern, fee-based advisory paradigm underscores the importance of consulting with a financial advisor to create a valuable partnership for navigating investments.
• In a world where private equity is becoming increasingly accessible and middle-market companies hold significant economic sway, recognizing market trends and the decline of public companies become ever more crucial.
• Alternative investments play a huge role in portfolio diversification, these can offer a cushion against volatile returns, ensuring smoother growth trajectories for the average investor. 

“People can take a longer-term approach on their investments and still participate in these private companies, and how successful they bet. That's where I think it's a unique opportunity, because from the data, historically, these investments are typically less correlated to the public markets, they could take a longer term approach.” - Greg Johnson

Connect with Greg Johnson: 

Website: https://investpwm.com/ 

LinkedIn: https://www.linkedin.com/in/greg-johnson-b63802/ 

Email: GregJohnson@investpwm.com 

Connect with Philip: 

Website: https://www.fornarolaw.com/

Podcast Website: https://lbmpodcast.com/

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