#189 - John Parise - 70% Of Wealth Is Lost In The 3rd Generation

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Manage episode 247061362 series 1058800
By Jeff Remsburg and Meb Faber. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In Episode 189 we welcome our guest, John Parise. John and Meb kick off the conversation with the idea of the family CFO and wealth planning. As John gained experience in financial planning, he investigated the family office model, and he consistently saw a lack of planning. That eventually led him to the foundations that helped him eventually form his firm, Copper Beech.

Meb and John then cover to the process of what planning looks like at Copper Beech. John describes the interview, discovery process, and the types of conversations the firm has with families. They then get into some examples of the mechanics of what the planning process really looks like, and some methods to pay zero estate tax.

The pair then shift to talking about teaching young generations to handle wealth.

As the conversation winds down, John covers some of the major items people can consider to improve their planning outcomes.

All this and more, in episode 189 including John’s most memorable investment.

253 episodes