Shows
The Truth About WealthHow Peachtree Group Finds Value in Volatility with Greg Friedman (Ep. 138)What if launching your company at the brink of the 2008 financial crisis turned out to be the smartest move you ever made?
That’s exactly what happened to Greg Friedman, CEO of Peachtree Group, who joins Michael Parise on The Truth About Wealth to share how timing, adaptability, and a deep understanding of risk helped shape his firm’s rise to a national powerhouse.
Greg explains how Peachtree Group invests across private credit, commercial real estate, and even film financing—always with an eye for “mispriced risk.” In this episode, he shares how they’ve made over 60...2025-07-0935 minThe Truth About WealthHere’s Why You Should Create A “Family Investment Club” (Ep. 137)
Copper Beech has coined something they like to call a “family investment club”. It’s a new way to manage generational wealth.
How can you implement it in your family?
John and Michael Parise are exploring how these can be a unique way to unite family members across generations, enhancing financial education and responsibilities while managing family wealth creatively and inclusively.
John and Michael discuss:
The basics of a Family Investment Club [00:02:44]
The importance of generational involvement in family enterprises [00:07:15]
Real-life examples of how their family manages multiple business ventures [00:04:42]
The ro...2025-06-1834 minThe Truth About WealthHow Structured Notes Can Transform Your Investment Portfolio with Vince Tassone (Ep. 136)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 customizable risk-return profiles tailored to an investor’s specific goals.
Often considered complex or “exotic,” structured notes can actually be powerful tools when used appropriately. Vincent walks through the four primary types; principal protected, income, growth, and dual directional...2025-06-1332 minThe Truth About WealthHow Structured Notes Can Transform Your Investment Portfolio with Vince Tassone (Ep. 136)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 customizable risk-return profiles tailored to an investor’s specific goals.
Often considered complex or “exotic,” structured notes can actually be powerful tools when used appropriately. Vincent walks through the four primary types; principal protected, income, growth, and dual directional...2025-06-1132 minThe Truth About WealthHow to Implement Innovative Risk Mitigation with Madison Insurance Group (Ep. 135)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 to discuss how their partnership, spanning over 15 years, has provided invaluable enterprise risk coverage solutions.
You’ll learn how Madison’s innovative approach allows business owners to participate in underwriting profits and navigate recent IRS regulations with confi...2025-05-1447 minThe Truth About WealthYour Guide to Family Business Succession (Ep.134)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 exploration of best practices for ensuring fair treatment, asset protection strategies, and the nuances of managing family businesses across different generations. Discover pragmatic insights on structuring estate plans that both honor family values and preempt potential conflicts.
Other k...2025-04-2328 minThe Truth About WealthHow to Use Leverage to Create Generation Wealth (Ep. 133)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 and legacy planning. Discover how asset leverage can support tax-efficient growth and provide long-term benefits for your family’s financial future.
Key discussion points include:
The role of leverage in real estate and other assets to boost family wealth [00:02:40]
Le...2025-04-0935 minThe Truth About WealthDiscovering Your Family’s Philanthropic Purpose with Momentem Consulting Group (Ep. 132)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 and high-net-worth individuals make purposeful impacts. From establishing a ‘Purpose Framework’ to unifying family values through philanthropic endeavors, the conversation is rich with insights for anyone tasked with managing family wealth.
Here’s what you’ll gain insight...2025-03-2637 minThe Truth About WealthEssential Tax Strategies for Real Estate Investors with Vanessa Wallace Clunies (Ep. 131)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 the complexities of cost segregation and tangible property regulations.
Tune in and discover how these can not only save you taxes but also ensure regulatory compliance!
Key talking points include:
The importance of cost segre...2025-01-0829 minThe Truth About WealthThe Intersection of Energy and Wealth: Key Trends to Watch with Mitch Kerr (Ep. 130)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 unpacks the complexities of LNG exports, the challenges renewables face in scaling, and how nuclear innovations are changing the energy landscape.
Tune in as they also discuss strategies for building future-ready portfolios, the role of cryptocurrencies and precious...2024-12-1837 minThe Truth About WealthThe Future of Money: Gold, Silver, and You with Andy Schectman (Ep. 129)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 as Andy unravels the complexities of managed markets and manipulated perceptions.
So, tune in as they discuss the intriguing dynamics behind currency devaluation, the Western financial manipulation that impacts precious metals, and the growing global interest in precious me...2024-11-0649 minThe Truth About WealthUpline Planning: What it is & Why You Need to Do it (Ep. 120)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 More2024-02-0730 minThe Truth About WealthTaking The Plunge To Build Generational Wealth — The Next Phase of Copper Beech with Chris Ruffino (Ep. 112)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 More2023-10-1829 minThe Truth About WealthNavigating Blended Families and Estate Taxes: A Case Study Discussion (Ep. 109)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 … Read More Read More2023-09-0631 minThe Truth About WealthCelebrating 100 Episodes of The Truth About WealthJohn 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 More2023-04-0535 minThe Truth About WealthCost Segregation In Real Estate — Part 2 with Isaac Downing (Ep. 93)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. … Read More Read More2022-10-1924 minThe Truth About WealthThe Emotional Connection To Generational Wealth with Aprajita Anand (Ep. 88)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 … Read More Read More2022-08-1038 minThe Truth About WealthStructuring An Ownership Buy-Sell Agreement between Business Owners (Ep. 87)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 … Read More Read More2022-07-2735 minThe Truth About WealthMitigating The Stress In The Financial Marketplace (Ep. 86)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 … Read More Read More2022-07-1332 minThe Truth About WealthEmployment Post COVID-19 (Ep. 85)The 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 More2022-06-2940 minThe Truth About WealthLooking To Sell Your Business? Here Are Your Options (Ep. 84)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 … Read More Read More2022-06-1542 minThe Truth About WealthLearn How To Allocate Your Assets To Meet Goals (Ep.83)Do 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 More2022-06-0140 minThe Truth About WealthLooking into Future Economic Trends (Ep. 82)Right 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 More2022-05-1836 minThe Truth About WealthHow to Pay for Estate Taxes (Ep. 81)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 … Read More Read More2022-05-0434 minThe Truth About WealthInvestigating the Real Estate Asset Class with Steven Kantor & Michael Brown, Part Two (Ep. 80)In 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 More2022-04-2031 minThe Truth About WealthInvestigating the Real Estate Asset Class with Steven Kantor & Michael Brown, Part One (Ep. 79)Real 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 More2022-04-0632 minThe Truth About WealthA Journey into the World of Spanish Wine with Tim O’Rourke (Ep. 78)If 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 More2022-03-2332 minThe Truth About WealthDistinguishing Between Market Noise and Market Impact with Paul Dietrich, Part 2 (Ep. 77)2021 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 More2022-03-0932 minThe Truth About WealthDistinguishing Between Market Noise and Market Impact with Paul Dietrich (Ep. 76)Have 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 More2022-02-2333 minThe Truth About WealthHow to Choose the Right Trustee with David Warren (Ep.75)When 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 More2022-02-0938 minThe Truth About Wealth74. How to Turn Your Life Insurance into Life Settlement with Aaron GirouxDid you know that 87% of life insurance policies never pay a death claim? Are you aware of the options available to you within the settlement space? Life settlements are one of the lesser known planning tools available to those with life insurance policies that they wish to sell. In this episode, John and Michael … Read More Read More2022-01-2633 minThe Truth About Wealth73. 10 Concerns On The Minds of Our Clients — Part 2Who is going to take care of you into your old age? Do you have your estate planning dealings worked out? In the first part of this two-parter miniseries, John and Michael introduced us to 10 concerns on the minds of their clients. In this episode, they continue the conversation focusing on long-term care planning, … Read More Read More2022-01-1230 minThe Truth About Wealth72. 10 Concerns On The Minds of Our Clients: Part 1Have you ever wondered what happens if you outlive your money? Is concern about inflation on your mind? Others in your situation are likely thinking about the same thing. In this multi-part series, John and Michael Parise cover 10 concerns on the minds of their clients. In this episode, John and Michael cover market volatility, … Read More Read More2021-12-2932 minThe Truth About Wealth71. Opportunities Available For Gold and Silver Investments With Andy SchectmanPrecious metals like silver and gold can be seen as an investment, but they could also be viewed as a means for wealth preservation. In this episode, John and Michael Parise are once again joined by Andy Schectman, CEO of Miles Franklin Precious Metal Investments. Andy explains the opportunity of a generation that silver is, … Read More Read More2021-12-1537 minThe Truth About Wealth70. The State of Gold and Silver As An Asset Class With Andy SchectmanPrecious metals are more of an obscure asset class, but there is huge value in owning these assets as part of your overall portfolio. In this episode, John and Michael Parise are joined by Andy Schectman, CEO of Miles Franklin Precious Metal Investments. Andy lays out a brief history of the gold and silver industry, … Read More Read More2021-12-0142 minThe Truth About Wealth69. Estate Planning Law Proposals You Should Be Thinking AboutThere may be changes to estate planning rules in the near future. If you’re a family that looks for advanced planning, you should be preparing for these changes regardless of whether or not they come to pass. In part two of this two-part series, John and Michael Parise look at potential estate planning changes that … Read More Read More2021-11-1731 minThe Truth About Wealth68. Income Tax Law Proposals You Should Be Thinking AboutThere are currently tax law proposals being discussed in Congress that if passed, could have a major impact on taxes. In this episode, John and Michael Parise discuss the most recent tax law proposal put forth by Congress, specifically covering income tax provisions. They emphasize that these are just provisional changes and that they may … Read More Read More2021-11-0332 minThe Truth About Wealth67. Concerns That Are Keeping Everyone Up At NightThere 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. … Read More Read More2021-10-1330 minThe Truth About Wealth66. How To Pick The Right TrusteeOne of the more difficult challenges of estate planning is choosing the right trustee. In this episode, John and Michael Parise aim to help you gain a better understanding of the implications of choosing a trustee and what to consider when making this decision. They look at what makes choosing a trustee so difficult and … Read More Read More2021-09-2936 minThe Truth About Wealth65. What’s Going On With The Markets And Where Are We Heading? With Peter AndersenJohn and Michael are routinely asked about what’s going on with the markets, with the pandemic and what the expectations are with stocks and bonds and real estate. Today, they look to answer many of these questions. In this episode, John and Michael speak with Peter Andersen, CFA, of Anderson Capital Management. Peter provides some … Read More Read More2021-09-1531 minThe Truth About Wealth64. The World of Private Placement Life Insurance With Edward GordonThe potential of tax rates rising understandably has people concerned about their tax planning situations. In this episode, John and Michael are joined by Edward Gordon of Preservation Capital Partners. Ed runs a tax efficient program for private placement life insurance, and he’s here to explain everything about the program. Ed shares a real life … Read More Read More2021-09-0133 minThe Truth About Wealth63. Living A Healthy Lifestyle With Pilates With Amy Jordan, Part TwoThe pandemic has been tough on us all. Amy Jordan returns to share her experience over the past year with cervical cancer, and how her healthy lifestyle ultimately got her through it. In this episode, John and Michael Parise speak once again with Amy Jordan. Amy speaks more about the WundaBar experience, including details about … Read More Read More2021-08-1827 minThe Truth About Wealth62. Living A Healthy Lifestyle With Pilates With Amy Jordan, Part OneEverything in your body is connected—you can’t exercise your body and eat poorly and expect top results. In this episode, John and Michael are joined by Amy Jordan, creator and CEO of WundaBar Pilates. Amy shares her wealth of knowledge about Pilates, how she got into it, and who helped her realize her vision of … Read More Read More2021-08-0426 minThe Truth About Wealth61. The Generational Impact Of The SECURE Act Part TwoA 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, … Read More Read More2021-07-2136 minThe Truth About Wealth60. The Generational Impact Of The SECURE Act — Part OneA recent provision to the SECURE Act could have major implications on how qualified plans, including your IRA, 401(k) and 403(b), are inherited by your children. It’s important that you understand the ramifications of this provision in order to protect your wealth. In this episode, John and Michael Parise discuss these new provisions of the … Read More Read More2021-07-0722 minThe Truth About WealthEpisode 58: Approaching Governance Planning – Part 2 – With Jeff SavlovBy now, you should be knowing that governance is all about helping families stay organized and guided within their business. But where can you get started? In the second part of this two-part series, John and Michael Parise are joined by returning guest, Blum & Savlov, LLP’s Jeff Savlov. This time, Jeff takes a deep … Read More Read More2021-06-0931 minThe Truth About WealthEpisode 57: Governance at an Enterprising Family Level – With Jeff SavlovFamily governance refers to the structures and processes families use to organize themselves and guide their relationship with their enterprise. In the first part of this two-part series, Jeff Savlov, founder of Blum & Savlov, LLP joins John and Michael Parise to explain the family component of governance. Jeff highlights how families and their businesses … Read More Read More2021-05-2627 minThe Truth About WealthEpisode 56: The Ultimate Episode Guide You MUST Revisit and Listen ToThe Copper Beech team is going back to the classics in this highlight reel episode! In this episode, John and Michael Parise revisit a series of episodes you must listen to in order to help you gain insight to overcome and solve potential concerns about your generational wealth planning. You will learn: The importance of … Read More Read More2021-05-1230 minThe Truth About WealthEpisode 55 – Case Studies: Annuities as Helpful Multi-Generational Planning Tools – Part 2 – With Michael R. Harris, CFP®, ChFCAnnuities can be hugely beneficial for multi-generational planning, but how do you really go about doing that? What are the technical components of including annuities in your plan? In part two of this two-part series, Mike Harris, senior education advisor at the Alliance for Lifetime Income, once again sits down with John and Michael Parise … Read More Read More2021-04-2835 minThe Truth About WealthEpisode 54 – Annuities as a Helpful Income Planning Tool – With Michael R. Harris, CFP®, ChFCThe Alliance For Lifetime Income’s Michael R. Harris is all about helping YOU address the risk of outliving your retirement income. In this episode, John and Michael Parise speak with Mike Harris to discover everything Mike has to say about annuities, and how to creatively use them within your income planning. You will learn: An … Read More Read More2021-04-1433 minThe Truth About WealthEpisode 53 – A Discussion on Business And Family Leadership – With Guest Robert BrownStrong leadership is crucial for generational wealth and business transfer. In this episode, John and Michael Parise sit down with their first client guest, CEO and president of American Asphalt Company, Robert Brown. Robert draws from his own business experience and journey to discuss the importance of sharing leadership values and training with the next … Read More Read More2021-03-1731 minThe Truth About WealthEpisode 52 – A Deep Dive Into the 1031 Exchange – With Guest Gary CallahanWhile Section 1031 of the Tax Code provides tax deferral solutions for the nation’s middle-class, it’s also a helpful tool for economic and job growth. In this episode, John and Michael Parise sit down with Gary Callahan, the senior vice president of Inland Securities Corporation. Today, Gary shares his expertise in the 1031 exchange arena. … Read More Read More2021-03-0341 minThe Truth About WealthEpisode 51 – Clarke & Cohen: Yet Another Successful Family Business – With Guest Richard Cohen, SPPAPennsylvania-based public insurance adjusters firm Clarke & Cohen is a 100-year family business that has already reached the fourth generation. In this episode, John and Michael Parise sit down with public adjuster and the firm’s CEO, Richard Cohen, SPPA. Today, Richard reviews his family and the business journey that’s closely related to the building and … Read More Read More2021-02-1733 minThe Truth About WealthEpisode 50 – How Future Generations Can Maintain Their Family’s 100-Year Vision – Part 2Are you in your family’s second or third generation, and interested in learning how to carry on your family’s wealth? In part two of this two part series, John and Michael Parise discuss different considerations second and third generations must have when handling their family’s wealth, highlighting the importance of effective communication and data organization. … Read More Read More2021-02-0332 minThe Truth About WealthEpisode 49 – Creating and Building a 100-Year Family Vision – Part 1There’s no greater satisfaction than knowing and seeing that the wealth you built is passing down through the generations correctly. Would you agree? In part one of this two-part mini-series, John and Michael Parise explain everything you need to know about correctly handling multigenerational wealth. They highlight the importance of being aligned on the family … Read More Read More2021-01-2032 minThe Truth About WealthEpisode 48 – A Trip Around Italy Examining Wine – With Guest Tim O’RourkeOn this leg of our Wine Adventure, we take a look at the Italian region! In this episode, John and Michael Parise sit down with Tim O’Rourke to identify the wines that come out of Italy, what sets these wines apart from the rest and how you can choose an Italian wine that pairs with … Read More Read More2021-01-0641 minThe Truth About WealthEpisode 47 – A Deep Dive into The French Wine Industry – With Guest Tim O’RourkeFrance is one of the world’s largest producers of wine, and is the source of many grape varieties such as Cabernet Sauvignon, Chardonnay, Sauvignon blanc, and Pinot noir. In this episode, John and Michael Parise sit down with wine investor Tim O’Rourke to examine what sets France apart as a producer of wine and how … Read More Read More2020-12-2333 minThe Truth About WealthEpisode 46 – Measuring Risk In A Family Wealth PlanTo what extent have you involved and taught your family about risk calculation? In this episode, John and Michael Parise explain the importance of communicating and involving your family in wealth plan risk calculation. They highlight the different risks you and your family should ALWAYS consider when it comes to generational wealth planning. In this … Read More Read More2020-12-0230 minThe Truth About WealthEpisode 45 – The Financial and Emotional Components of Legacy LettersIn many cases, legacy letters are the main vessel for transferring financial assets down the generational line. In this episode, John and Michael Parise explain the importance of elaborating and involving your family in legacy letters, and highlight the different considerations you should have when you’re prepared to craft your own. In this episode, you … Read More Read More2020-11-1333 minThe Truth About WealthEpisode 44 – Bringing The Next Generation Into The Family Business – Part 2 — With Guest Jeff SavlovInvolving the next generation in your family business can be delicate, and it’s important to have a strategy for approaching the transition. In part two of this series, John and Michael Parise, along with guest Jeff Savlov, continue navigating the path of skill development and bringing the younger generation into the family businesses. In this … Read More Read More2020-10-2832 minThe Truth About WealthEpisode 43 – Raising Children in the Context of Family Financial SuccessWhen is it the right time to start having financial conversations with your children? Today, John and Michael are joined by Jeff Savlov, founder of Blum & Savlov, LLP. Jeff shares his experiences with families educating their children on financial success. He explains why it’s better to begin having conversations regarding financial matters early in … Read More Read More2020-10-2131 min
Live Life LiberatedEpisode 17 – Your Guide to Buy-Sell Agreements in 30 Minutes –– With John Parise and Michael PariseToo many new business owners overlook the importance of having a buy-sell agreement. If a business partner becomes disabled, passes away, or departs the business, they leave the future of their business on shaky ground and open to costly disputes with the remaining partners. Today, Jonathan Freeman is joined by John Parise and Michael Parise … Read More Read More2020-10-1935 minThe Truth About WealthEpisode 42 – Intentionally Defective Grantor Trust Planning in 2020An intentionally defective grantor trust is an estate-planning tool used to freeze certain assets of an individual for estate-tax purposes. What makes 2020 the perfect time to take advantage of this type of trust? In this episode, John and Michael Parise dive right into the benefits of intentionally defective grantor trusts and why the best … Read More Read More2020-09-3030 minThe Truth About WealthEpisode 41 – Planning For Special Needs Adults – With Guest Mike ByrneSpecial needs planning is critical for families in ensuring children and adults with special needs are protected. In this episode, John and Michael Parise speak with Michael Byrne, a partner at Lighthouse Planning Consultants. Mike addresses many of the misconceptions surrounding families with a dependent adult with special needs, like SSI eligibility and ABLE accounts. … Read More Read More2020-09-0929 minThe Truth About WealthEpisode 40 – Special Needs Planning And The Issue Of GuardianshipGuardianship is a huge part of special needs planning, as it takes into account what happens to a child if the parents pass away. Finding the right person to care for a special needs child is not necessarily easy. John and Michael Parise explore the topic of special needs planning for families. John explains his … Read More Read More2020-08-2631 minThe Truth About WealthEpisode 39 – The Alternative Investment World Of Collectible Coins – With Guest Keith JacobsenCollectible 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 … Read More Read More2020-08-1235 minThe Truth About WealthEpisode 38 – Premium Financing Of Life Insurance Policies – With Guest Darren SugiyamaPremium 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 … Read More Read More2020-07-2943 minThe Truth About WealthEpisode 37 – When Planning Doesn’t Go as PlannedAt 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 … Read More Read More2020-07-1529 minThe Truth About WealthEpisode 35 – Managing Family BusinessesDo 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 … Read More Read More2020-06-1734 minThe Truth About WealthEpisode 34 – Expand Your Wine Palette and Start Your Collection –– With Tim O’RourkeHave 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 … Read More Read More2020-06-0338 minThe Truth About WealthEpisode 33 – The Importance of Creating a Business Succession PlanHaving 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 … Read More Read More2020-05-2127 minThe Truth About WealthEpisode 32 – Impact Investing — with Christopher Vroman and Dr. Laura Fenster RothchildOrganizations 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, … Read More Read More2020-05-0631 minThe Truth About WealthEpisode 31 – Your Common Concerns AnsweredLikely, 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 … Read More Read More2020-04-2232 minThe Truth About WealthEpisode 29 – A Recession on the Horizon with guest Paul Dietrich — Part 2Like most things in life, the economy fluctuates, and it can’t continuously be on an upswing. Paul Dietrich is back with part two of this mini-series for The Truth About Wealth Podcast about the realities of the economy and the potential of an upcoming recession. In this episode, you will learn: How international trade plays … Read More Read More2020-03-2527 minThe Truth About WealthEpisode 27 – Options to Reduce Your Taxes for Your IRA — With Mary Read, CPC, CPFA, QPALet’s face it — saving money in taxes is always going to be a major goal of financial planning. In this episode, John and Michael Parise discuss tax-saving measures you can take with your IRA, with special guest Mary Read, CPC, CPFA, QPA, and national director of pension and protection planning at Pentegra Retirement Services … Read More Read More2020-03-0437 minThe Truth About WealthEpisode 26 – Is Your Estate Plan Public or Private?Is your estate plan private or public? Do you even know what type of plan you have? In this episode of The Truth About Wealth Podcast, John and Michael Parise discuss estate plans, why they are typically in the public domain, and how to avoid a public process. In this episode, you will learn: Why … Read More Read More2020-02-1232 minThe Truth About WealthEpisode 25 – What is Estate Equalization?It’s possible that you’re familiar with estate equalization, even if you’ve never heard of it until now. In this episode of The Truth About Wealth Podcast, John and Michael Parise explain why it’s important to discuss estate equalization during your family meetings. This is a must-listen conversation for parents of blended families, business owners, and … Read More Read More2020-01-2931 minThe Truth About WealthEpisode 24 – Case Study: Charitable PlanningFor so many high-income families, charitable giving is an important part of their financial plan. But what does it mean to include charitable giving to help you meet your own financial goals? In this episode of The Truth About Wealth Podcast, John and Michael Parise share a case study about a family who included charitable … Read More Read More2020-01-1531 minThe Truth About WealthEpisode 23 – Qualified Opportunity Zone Funds Updates — With Brandon HughesChanges to tax laws made in 2017 saw an increase in qualified opportunity zone funds, and these are starting to have an impact on our clients. In this episode of The Truth About Wealth Podcast, John and Michael Parise speak with Brandon Hughes of Peachtree Hotel Group about qualified opportunity zone funds and how they … Read More Read More2019-12-3035 minThe Truth About WealthEpisode 22 – Buy-Sell Agreements Can Save You MillionsWhen it comes to buying and selling, it’s critical that you understand the difference between public and privately held companies. While there is a readily available market for public ownership, buying and selling within a private partnership or company can be a bit more complicated. In this episode of The Truth About Wealth Podcast, John … Read More Read More2019-12-1832 minThe Truth About WealthEpisode 21 — Doing Well By Doing Good With ESOPs — With Rick Jaye, AIF®, CRC®Exit planning is a major part of owning a business. And for many business owners, creating a plan that helps them do good by rewarding the employees that have helped them become successful is incredibly attractive. Today, John and Michael Parise welcome Rick Jaye of Business Transition Advisors to explore the world of ESOPs. Rick … Read More Read More2019-12-0441 minThe Truth About WealthEpisode 20 – Turn Your Philanthropy Into a Generational ProjectThere are many reasons to include philanthropic practices in your family’s overall financial plan. In this episode, John and Michael Parise discuss the basics of philanthropic planning for families, including how families can work together to choose charities and how this plan should fit into your generational wealth strategy. In this episode, you will learn: … Read More Read More2019-11-2034 minThe Truth About WealthEpisode 19 – Life Insurance as an Asset ClassWhen you consider what your assets are, you might think of belongings such as your car, house, technology, and other valuable possessions. But did you know that your life insurance policy is also an asset? In this episode of The Truth About Wealth Podcast, John and Michael Parise discuss life insurance and how you can … Read More Read More2019-11-0630 minThe Truth About WealthEpisode 18 – Market Talks With Paul Dietrich, Fairfax Global Markets LLC: Part 2Unless you’ve been living under a rock, you know that China and the U.S. are in the midst of trade negotiations. In this episode of The Truth About Wealth Podcast, Paul Dietrich returns to finish the market discussion with John and Michael Parise. Listen in as Paul shares his insights on the agreement — or … Read More Read More2019-10-2330 minThe Truth About WealthEpisode 17 – Market Talks With Paul Dietrich, Fairfax Global Markets LLC: Part 1In today’s economic landscape, it is important to hear from the experts. In this episode of The Truth About Wealth Podcast, John and Michael Parise sit down with Paul Dietrich, Copper Beech’s chief economic analyst and CEO and CIO of Fairfax Global Markets LLC, to discuss the state of the market and what’s to come … Read More Read More2019-10-0936 minThe Truth About WealthEpisode 16 – Private Insurance Structure — With Guest Mark Sims: Part 2In this episode of The Truth About Wealth Podcast, guest Mark Sims returns to answer more questions about private insurance structure, including how they function across the United States and Puerto Rico. In this episode, you will learn: The top 10 most popular risks that individuals insure themselves against Reasons for using private insurance structure … Read More Read More2019-10-0929 minThe Truth About WealthEpisode 15 – Private Insurance Structure — With Mark Sims: Part 1Risk management is key, both on the business side and on the personal finance side. In this episode, John and Michael Parise sit down with guest Mark Sims. Mark discusses his work at Captive Alternatives, specifically his expertise in risk management with private insurance structure within the family office structure. In this episode, you will … Read More Read More2019-09-1126 minThe Truth About WealthEpisode 13 – 7 Common Objections to Trusts: Part 2Trusts can be highly beneficial tools for generating and conserving wealth through multiple generations. However, it’s common for individuals and families to have objections to establishing trusts. In this second part of a two-part series, John and Michael Parise explain — and debunk — some of those common objections and share their expertise on the … Read More Read More2019-08-1432 minThe Truth About WealthEpisode 12 – 7 Common Objections to Trusts: Part 1Trusts are the backbone of estate plans, and yet many families are objecting to having one. What’s going on? Too often, families believe misconceptions about trusts or feel too intimidated. In this episode, John and Michael Parise explain how they help families overcome seven common objections and discover the truth about trusts. In this episode, … Read More Read More2019-07-3132 minThe Truth About WealthEpisode 11 – Align Your TribeA strong team is the backbone of a business. Without cohesive teamwork, a business cannot and will not be successful. In this episode of The Truth About Wealth Podcast, John and Michael Parise discuss the importance of “aligning your tribe”: working with your family and partners to accomplish the shared goal of building and managing … Read More Read More2019-07-1727 minThe Truth About WealthEpisode 10 – It’s Not What You Make, It’s What You KeepDo you know what your net rate of return is on your investment portfolio? How much money are you actually taking home at the end of the day? In this episode, John and Michael Parise discuss the importance of understanding that it’s not about what you make, it’s about what you keep. In this episode, … Read More Read More2019-07-0327 minThe Truth About WealthEpisode 9 – How to Keep Top Management in a Competitive Job MarketIn a highly competitive job market, retaining high-level executives can be a challenge for privately held companies. In this episode of The Truth About Wealth Podcast, John and Michael Parise discuss ways that companies can offer their top executives competitive benefits for continued service. In this episode, you will learn: The importance of having a … Read More Read More2019-06-1928 minThe Truth About WealthEpisode 8 – The Importance of Family MeetingsTo building lasting wealth, it’s essential for families to hold multigenerational meetings that cultivate honesty and transparency. In this episode, John and Michael Parise discuss the importance of family meetings as part of their process at Copper Beech Financial Group. In this episode, you will learn: How family meetings can help to prevent loss of … Read More Read More2019-06-0526 minThe Truth About WealthEpisode 7 – The Copper Beech Process Case StudySo far, father-son duo John and Michael Parise have discussed many specific topics about generational wealth planning. Today, they’re taking a different approach. In this episode of The Truth About Wealth Podcast, John and Michael share a case study that gives you a full start-to-finish picture of how they help families with their planning. In … Read More Read More2019-05-2229 minThe Truth About WealthEpisode 6 – Using Trusts to Avoid Asset Protection Risks: Part 2Are your assets protected? This question is highly relevant to high-net-worth families and individuals, and it involves delving into emotional topics. In the second part of their mini-series, John and Michael Parise guide you with compassion and expertise through the final three asset protection risks and how to avoid them. In this episode, you will … Read More Read More2019-05-0827 minThe Truth About WealthEpisode 5 – Using Trusts to Avoid Asset Protection Risks: Part 1It’s imperative that high-income families take steps to protect their assets. In this episode, John and Michael Parise explain how they help clients avoid four asset protection risks, starting with potential lawsuits. It’s time for Juris Doctor Michael to share how he puts his law degree to work at Copper Beech Financial Group. In this … Read More Read More2019-04-2428 minThe Truth About WealthEpisode 4 – 10 Eye-Opening Questions to Protect Your Wealth: Part 1If something were to happen to you tomorrow, what would happen to your business? This is the first question in John and Michael Parise’s insightful and action-prompting white paper, 10 Eye-Opening Questions to Protect Your Wealth. Today, they explain why this is one of the most important questions you can ask yourself as a business … Read More Read More2019-04-1028 minThe Truth About WealthEpisode 3 – Audits Don’t Need to Be ScaryWhen you hear “finance” and “audit” in the same sentence, you might feel your stomach flip. But fear not. Copper Beech Financial Group’s audit process is a very positive tool that can be used to determine the next steps in a client’s wealth journey. In this episode, you will learn: About the steps of the … Read More Read More2019-03-2728 minThe Truth About WealthEpisode 2 – Copper Beech is a Family OfficeCopper Beech Financial Group provides a specialized service for their clients. Specifically, they take on the role of ‘family CFO’ to provide multi-generational financial planning for high-income families. In this episode, you will hear about the discovery process for prospective clients at Copper Beech Financial Group, and the ins and outs of the ‘family office … Read More Read More2019-03-1328 minThe Truth About WealthEpisode 1 – Meet John and Michael Parise of Copper Beech Financial GroupIn this inaugural episode of The Truth About Wealth Podcast, you’ll meet John and Michael Parise of Copper Beech Financial Group. This father-son duo works with families in the southern New Jersey-Philadelphia area, offering them supports in their generational financial planning. In this episode you will learn: How John Parise got his start in finance … Read More Read More2019-02-2732 min