Tag Archives: financial planning

“Above-the-Line” Financial Planning: How to Move the Needle on Your Wealth Management Services (Ep. 66)

December 14, 2022Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedCentura Wealth Advisory, Derek Myron, Estate Planning, Financial Plan, financial planning, Liberated Wealth™, Live Life Liberated, Sean Clark, Tax Planning, Wealth Transferlivelifeliberated

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At Centura, we divide financial planning services into two categories: 1) Steps that make your plan just “good enough” and 2) Steps that actually move the needle and make a measurable difference in your wealth.

In this episode, Derek Myron and Sean Clark unpack the four steps that fall “below-the-line” and three steps that fall “above-the-line” in financial planning. They further explain the impact that each step has on your financial plan.

Derek and Sean discuss:

What sets Centura Wealth Advisory’s Liberated Wealth® Process apart
The importance of adopting a forward-looking approach to tax planning
How Centura professionals collaborate with CPAs and estate planning attorneys to improve the client experience
How balance sheet optimization works (and why it matters)
And more

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Connect With Sean Clark:

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Centura Client Experience from Retired Executives Point of View (Ep. 64)

November 16, 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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Chuck and Mary Ann Cox became clients of Derek Myron, Managing Director of Centura Wealth Advisory (Centura), in 2004. After 18 years of wealth management and financial planning, Derek continues to serve Chuck today (unfortunately, Mary Ann passed away in 2018).

In this episode, Derek Myron interviews Chuck Cox, a retired executive, about his client experience at Centura. Chuck provides insights into the wealth management approach adopted by Centura and how it has improved his financial well-being over the years.

Chuck discusses:

The challenges he and Mary Ann faced while managing wealth on their own
How Centura advisors helped him in estate planning, tax planning and balance sheet optimization
How alternative investments contributed to his financial goals
Why he was able to assist in his daughter’s business without taking a hit on his own financial position
And more

Resources:

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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.

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

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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.

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

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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.

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:

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.

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

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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.

39. Get To Know Our New Senior Wealth Advisor Roby Kotcamp

October 6, 2021Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedBusiness Owners, Centura Wealth Advisory, Entrepreneurs, financial planning, Jonathan Freeman, Liberated Wealth™, Live Life Liberated, Roby Kotcamp, Wealth Advisor, Wealth Managementlivelifeliberated

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We love to build deep connections with our clients! So, this episode is dedicated to helping you get to know our team a little better.

In this episode, Jonathan Freeman, Chief Operating Officer, introduces you to Centura Wealth Advisory’s new Senior Wealth Advisor Roby Kotcamp, CFP®, PMP®. Roby shares his professional and personal background, his core vision and beliefs, and how he plans to add value to our clients’ wealth management.

Roby discusses:

The different industries he has worked in prior to becoming a wealth advisor
How he specializes in helping high net worth individuals manage their wealth
Why Centura’s team approach offers more holistic planning compared to individual advisors
His philanthropic interests
And more

Connect With Roby Kotcamp:

(480) 750-9450
LinkedIn: Roby Kotcamp

Connect With Centura Wealth Advisory:

About Our Guest:

Roby Kotcamp, CFP®, PMP®, joined Centura Wealth Advisory in September 2021 as Senior Wealth Advisor. Roby has a diverse background in financial leadership and general management roles, spanning environmental services, aerospace, and financial consulting in several global locations. For the past dozen years, he has focused on helping accomplished individuals and families reach their financial objectives, including guiding entrepreneurs through purchase, growth, and liquidity events. Roby enjoys drawing on his diverse domain and global leadership experiences to assist clients in complex circumstances to build a wealth plan that enables them to visualize and achieve their highest priorities.

37. The Financial Planning Guide for High-Net-Worth Families

September 8, 2021Centura Wealth Advisory, Finance, Financial, Financial Planning, UncategorizedCentura Wealth Advisory, Derek Myron, Estate Planning, financial planning, High Net Worth, Kyle Malmstrom, Liberated Wealth™, Live Life Liberated, Tax Planning, Wealth Managementlivelifeliberated

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Most high-net-worth families work with various professionals, such as CPAs, estate planning attorneys, and valuation experts.

How can you bring them all together and create a holistic financial plan?

Derek Myron and Kyle Malmstrom answer the question in this episode. Join them as they explain strategies to create a forward-looking financial plan, minimize income and estate taxes, and optimize your wealth transfer for future generations. They also walk you through Centura Wealth Advisory’s comprehensive wealth management process that liberates you from financial burdens.

Derek and Kyle discuss:

Ways to know if a particular financial services professional is ideal for you
How to avoid a silo approach to your finances and focus on long-term planning
Tips for building a customized financial strategy based on your unique goals
Best practices to help you prepare for the potential tax changes
And more

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