Category Archives: Centura Wealth Advisory

What It’s Like To Sell a Business With Our Client Doug Pate (Ep. 62)

September 28, 2022Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedBusiness Owners, Centura Wealth Advisory, Doug Pate, Exit Planning, financial planning, Kyle Malmstrom, Liberated Wealth™, Live Life Liberated, Tax Planning, Wealth Managementlivelifeliberated

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Selling a business is a complex process. You need to tackle several types of taxes. You need to effectively invest the proceeds. Finally, you also need to overcome the emotions of letting go of your business.

In this episode, Kyle Malmstrom interviews Doug Pate, a client of Centura Wealth Advisory (Centura) who recently sold his business, International Surf Ventures Inc., after growing it for 17 years.

Doug discusses:

His personal experience of navigating a business exit
How CLATs helped him save seven figures in taxes and achieve his charitable goals
Why wealth protection is as important as growing your wealth
Centura’s involvement in his wealth management (including alternative investments)
And more

Resources:

Centura Wealth Advisory’s Liberated Wealth® Process

Connect With Doug Pate:

LinkedIn: Doug Pate

Connect With Centura Wealth Advisory:

About Our Guest:

Doug Pate co-founded ISLE with his best friend, Marc Miller. Doug and Marc share a lifelong passion for the ocean and the sports that surround it. In their first four years of business, they sold surfboards online. At the time, there was no direct-to-consumer surfboard company, and by default, they became the industry’s pioneers. In 2008, they shifted their focus from surfboards to stand up paddle boards as a way to help more people get on the water across the country.

The presented testimonial is from a current Centura client and is for informational purposes only. The statements provided should not be considered as a representation of all client experiences, which may differ substantially.

How To Earn Greater Returns in a Risky Environment (Ep. 61)

September 14, 2022Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedCentura Wealth Advisory, Chris Osmond, Inflation, Investments, Liberated Wealth™, Live Life Liberated, Portfolio Management, Risk Management, Roby Kotcamp, Wealth Managementlivelifeliberated

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Given the current market gyrations, we are often asked by clients, “What are we doing to manage risk? And how does it impact our portfolios?”

In this episode, Roby Kotcamp, Senior Wealth Advisor, and Chris Osmond, Chief Investment Officer, discuss Centura Wealth Advisory’s approach to risk management. They also explore strategies to achieve greater risk-adjusted returns.

Roby and Chris discuss:

A brief overview of the Fed’s recent actions — and their market implications
Why cash flow is more important than the rate of return
How private real estate, private equity, and private credit can be a useful addition to your portfolio
The benefits of structured notes in risk management
And more

Resources:

Connect With Centura Wealth Advisory:

Centura Client Experience from Retired Executives Point of View (Ep. 60)

August 31, 2022Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedCentura Wealth Advisory, Client Experience, Derek Myron, financial planning, Investments, Liberated Wealth™, Live Life Liberated, Tax Planning, Wealth Management, Wealth Transferlivelifeliberated

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Aubrey Serfling and Lori Long have worked with Centura Wealth Advisory (Centura) as clients for over eight years now. Despite being retired executives today, they continue to work on their charitable endeavors.

In this episode, Derek Myron interviews Aubrey and Lori about their client experience at Centura. They share insights into their wealth management journey which includes comprehensive tax planning, estate planning, balance sheet optimization, and cash flow planning.

Aubrey and Lori discuss:

Major pain points they uncovered during their discovery process
How they have benefited from trusts (e.g. CLATs) and various alternative investments
Balance sheet items that caused maximum problems — and how they addressed them
Their advice to executives who are trying to manage wealth on their own
And more

Resources:

Centura Wealth Advisory’s Liberated Wealth® Process

Connect With Centura Wealth Advisory:

Effective Tax Deferral Strategies for Real Estate Investors With Mark Kenny (Ep. 59)

August 17, 2022Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedCentura Wealth Advisory, financial planning, Investments, Liberated Wealth™, Live Life Liberated, Mark Kenny, Real Estate, REIT, Sean Clark, Tax Deferrallivelifeliberated

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Real estate investors often use a 1031 exchange to defer taxes.

However, a direct 1031 exchange is not possible if you want to transfer your real estate investment into publicly traded REIT shares.

In this episode, Sean Clark, Director of Financial Planning, and Mark Kenny, Advanced Planner, discuss alternative tax deferral strategies using UPREITs and DownREITs.

Sean and Mark discuss:

A brief overview of 1031 exchanges
How UPREITs and DownREITs work — and the difference between them
How the team at Centura Wealth Advisory navigates these transactions
Liquidity, diversification, and wealth transfer benefits of UPREITs and DownREITs
And more

Connect With Centura Wealth Advisory:

About Our Guest:

Mark Kenny is a Senior Wealth Planner at Centura Wealth Advisory. He provides advanced tax, estate, and wealth planning to high-net-worth clients. He has over 25 years of experience in estate planning, retirement planning, investments, business succession planning, and family wealth transfers.

Applications of Structured Notes in the Current Market Environment (Ep. 58)

August 3, 2022Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedAlternative Investments, Centura Wealth Advisory, David Cariani, Investments, Liberated Wealth™, Live Life Liberated, Market Downturn, Portfolio Management, Sean Clark, Structured Noteslivelifeliberated

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Both equity and bond markets have experienced a significant downturn in recent months. Will they bounce back up? Or will they continue to plummet?

No one knows. Amidst this uncertainty, structured notes can be a valuable addition to your portfolio.

In this episode, Sean Clark, Director of Financial Planning, and David Cariani, Vice President, discuss how structured notes operate and their applications in the current market environment.

Sean and David discuss:

How structured notes can be customized to meet individual client needs
Creating downside protection without compromising upside potential using growth notes
How to make money in a down market using income notes
Tax implications of investing in structured notes
And more

Resources:

Live Life Liberated: Structured Notes Simplified With Robert Sowinski (Ep. 35)

Connect With Centura Wealth Advisory:

The Client Experience at Centura Wealth Advisory With Our Client Marilyn Daniels (Ep. 57)

July 20, 2022Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedCentura Wealth Advisory, Client Experience, financial planning, Investments, Liberated Wealth™, Live Life Liberated, Marilyn Daniels, Wealth Management, Wealth Transferlivelifeliberated

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After her father passed away in 1994, Marilyn Daniels was suddenly thrust into managing a large pool of assets and forced to make several key financial decisions. In 2004 she joined Centura Wealth Advisory (Centura) as a client.

In this episode, Derek Myron interviews Marilyn about her client experience at Centura and how her financial picture has evolved over the years.

Marilyn discusses:

Major wealth transfer challenges she faced while inheriting her parents’ estate
How financial planning has contributed to her charitable endeavors
How Centura’s team of professionals helped her overcome the complexity of wealth management
Her best and worst investments — and what she learned from them
And more

Resources:

Centura Wealth Advisory’s Liberated Wealth® Process

Connect With Centura Wealth Advisory:

Using Private Credit to Hedge Against Rising Interest Rates With Christopher Long (Ep. 56)

July 6, 2022Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedAlternative Investments, Centura Wealth Advisory, Christopher Long, Hedging, Inflation, Interest Rates, Liberated Wealth™, Live Life Liberated, Palmer Square Capital Management, Private Creditlivelifeliberated

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As the Federal Reserve continues on its path of quantitative tightening, inflation and rising interest rates are a concern for many investors.

In this episode, Chris Osmond speaks with Christopher Long, Chairman, CEO, and Founder of Palmer Square Capital Management LLC. They talk about current opportunities in private credit and how it helps investors hedge against rising interest rates (and potentially inflation).

Christopher discusses:

How the lines between public and private credit have started to blur
What are CLOs, how they work, and the value they add to your portfolio
Potential risks in private credit
The current and future outlook of private credit
And more

Connect With Christopher Long:

Connect With Centura Wealth Advisory:

About Our Guest:

Chris Long founded Palmer Square Capital Management, an approximately $22.3 billion AUM asset manager focused on corporate and structured credit, in June 2009. Currently, he serves as Chairman, CEO and Portfolio Manager. Since inception, Chris has been successful in building one of the premier credit investment firms in the world with an enviable client list that includes not only large institutions and family offices, but also RIAs, bank/trust, and broker-dealers. Prior to starting Palmer Square, Chris built a deep investment background at some of the top financial firms in the world including Morgan Stanley, TH Lee Putnam Ventures, and JPMorgan & Co. Chris’ breadth of investment experience includes hedge fund investing, private equity / venture capital, and finally, investment banking.

The Client Experience at Centura Wealth Advisory With Our Client Tina Daniels (Ep. 55)

June 22, 2022Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedAlternative Investments, Centura Wealth Advisory, Client Experience, financial planning, Investments, Liberated Wealth™, Live Life Liberated, Tina Daniels, Wealth Managementlivelifeliberated

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We started working with Tina Daniels’ family nearly 18 years ago for her grandmother’s estate. Then, we worked on her parents’ estate. As of today, we have been helping Tina manage her wealth for nearly 15 years.

In this episode, Derek Myron interviews Tina, the Managing Director of Agency & Brand Measurement Analytics at Google. Tina provides a glimpse into what it’s like to work with Centura Wealth Advisory (Centura) and how our Liberated Wealth® Process has helped her secure her financial future.

Tina discusses:

Why she doesn’t manage her own wealth, despite having a strong financial background
Her experience of working with multiple professionals on the Centura team
The biggest financial lessons she gained as our client
Her advice to other individuals who are in a similar financial position as hers
And more

Resources:

Centura Wealth Advisory’s Liberated Wealth® Process

Connect With Tina Daniels:

LinkedIn: Tina Daniels

Connect With Centura Wealth Advisory:

About Our Guest:

Tina Daniels is a current client of Centura Wealth Advisory. Tina is a marketing industry leader – a digital veteran successfully driving internal and external corporate growth. She has designed and led innovative, multi-faceted engagements with Fortune 500 companies, developed online business and marketing strategies, created advertising campaigns and offered unique performance analyses. Tina’s experience spans agency, publisher, and technology companies, where she’s achieved success in both corporate and startup environments.

Multifamily Real Estate as a Hedge Against Inflation With Paul Kaseburg (Ep. 54)

June 8, 2022Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedAlternative Investments, Centura Wealth Advisory, Chris Osmond, Inflation, Inflation Hedging, Liberated Wealth™, Live Life Liberated, Multifamily Real Estate, Paul Kaseburg, Real Estatelivelifeliberated

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With inflation reaching 40-year highs, investors are eager to find investments to hedge against the decreasing value of their money.

In this episode, Chris Osmond speaks with Paul Kaseburg, Chief Investment Officer of MG Properties, about investment opportunities in the multifamily real estate market and how they help you cope with rising inflation rates.

Paul discusses:

How real estate in general responds to inflationary pressures
The advantages of multifamily over other types of real estate investments
Latest trends in cap rates and cost of debt that real estate investors should know about
How inflation is impacting the affordability gap between single-family homes and apartment renting
And more

Connect With Paul Kaseburg:

Connect With Centura Wealth Advisory:

About Our Guest:

Paul Kaseburg joined MG Properties in 2010 and is responsible for the firm’s acquisition, disposition, and capital markets activities. At MG, he has been involved with the purchase of approximately 18,000 units totaling $3 billion in total consideration. Paul has 17 years of experience in real estate private equity investment, capital markets, and corporate M&A. Prior to joining MG, he held various roles in commercial real estate debt and equity acquisitions, development, and financing. He has a background in corporate M&A and venture capital investing at Northrop Grumman (NOC). Paul holds a Bachelor of Science degree in Mechanical Engineering from the University of Notre Dame, and an MBA in Finance and Entrepreneurship from the UCLA Anderson School of Management.

Get To Know Our New Senior Wealth Advisor Seth Meisler (Ep. 53)

May 4, 2022Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedBusiness Owners, Centura Wealth Advisory, Entrepreneurs, financial planning, Jonathan Freeman, Liberated Wealth™, Live Life Liberated, Seth Meisler, Wealth Advisor, Wealth Managementlivelifeliberated

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Recently, we had a great addition to our team!

In January 2022, Seth Meisler, CFA, CFP®, CPA/PFS, MBA, joined Centura Wealth Advisory as a Senior Wealth Advisor, bringing in 15 years of experience as a financial advisor and Chief Investment Officer.

In this episode, Jonathan Freeman, Chief Operating Officer, interviews Seth about his personal and professional journey. Seth also shares his future plans with the firm and the type of clientele he aims to serve.

Seth discusses:

His major personal and philanthropic interests
How he fits into Centura Wealth Advisory’s broad bench of professionals
The niche markets that he specializes in serving (both nationally and locally)
What motivated him to join the team at Centura Wealth Advisory
And more

Connect With Seth Meisler:

Book Time with Jonathan Freeman:

Schedule a Call

Connect With Centura Wealth Advisory:

About Our Guest:

Seth Meisler, CFA, CFP®, CPA/PFS, MBA, joined Centura Wealth Advisory in January 2022 as a Senior Wealth Advisor. With 15 years of experience as a financial advisor and Chief Investment Officer, Seth helps clients reach their financial goals by offering strategic financial planning, tax planning, and investment management solutions. Seth is a member of the CFA Institute of Minnesota (CFAMN), the Minnesota Society of CPAs (MNCPA), the Financial Planning Association of Minnesota (FPAMN), and the American Institute of Certified Public Accountants (AICPA). Seth is also a member of Ed Slott’s Master Elite IRA Advisory Group, where he studies the complexities of IRAs in order to help his clients with tax and distribution strategies. Seth has been published in Marketwatch.com and in Forbes.