Live Life Liberated

Are you ready to level up your financial strategy and bring your wealth advisory team to the next level? Making the right changes can catapult your success! In this episode, Samantha Lawrence sits down with Kyle Whissel, owner of Whissel Realty, to dive into his dynamic journey of financial growth and expansion. With a rapidly growing business and a shift to more aggressive financial strategies, Kyle shares insights on how Centura Wealth Advisory has been a game-changer in managing his wealth. From overcoming seven-figure tax bills to building a cohesive and powerful financial team, Kyle and Samantha discuss the importance of upgrading advisors as your wealth grows. Listen in for a candid conversation that covers the move from fundamental strategies to complex solutions that align with ambitious personal and professional goals. Talking points include: * His transition from foundational financial planning to advanced strategies at [0:04:56] * The importance of building a coordinated team of advisors at [0:05:54] * Experiences in real estate development and innovative financial ideas at [0:12:42] * The benefit of leveraging Centura’s expertise to navigate complex investment opportunities at [0:16:49] * Insights on implementing flexible financial strategies to align with fluctuating incomes at [0:21:20] Connect With Samantha Lawrence: * LinkedIn: Samantha Lawrence [https://www.linkedin.com/in/samanthadrewlawrence/] * LinkedIn: Centura Wealth Advisory [https://www.linkedin.com/company/centura-wealth-advisory/] Connect With Kyle Whissel: * (858) 203-1994 * Whissel Realty Group [https://whisselrealty.com/team/kyle-whissel-licensed-real-estate-agent] * LinkedIn: Kyle Whissel [https://www.linkedin.com/in/kylewhissel] * Instagram: @KyleWhissel [https://www.instagram.com/kylewhissel/?hl=en] Connect With Centura Wealth Advisory: * (858) 771-9500 * Centura Wealth Advisory [https://centurawealth.com/] * LinkedIn: Centura Wealth Advisory [https://www.linkedin.com/company/centura-wealth-advisory/] About Our Guest: Kyle Whissel has been a San Diego real estate expert since 2002, working in every facet of the industry, from property management to investing and flipping. He is the CEO and team leader of Whissel Realty Group, brokered by eXp Realty, with three locations across the county. Recognized as the #1 real estate team in San Diego by The Wall Street Journal, Kyle’s team delivers exceptional service with a client-focused approach. “Who Represents You Matters.”

Are you leaving money on the table? If you’re a high-net-worth family or business owner, hidden tax savings could add up to millions in your real estate or business.  But how do you find them? This week on Live Life Liberated, Derek Myron sits down with tax professional Eric P Wallace to talk about strategies that unlock significant financial opportunities. They cover everything from speeding up real estate depreciation with cost segregation to revisiting past expenses and finding missed deductions through Tangible Property Regulations (TPRs).  If you’re looking for practical, powerful ways to maximize your wealth and fine-tune your financial plan, this release is worth a listen! Talking points include: * Cost Segregation: Accelerate depreciation of real estate components to uncover immediate six- or seven-figure deductions * Tangible Property Regulations (TPRs): Reclaim missed deductions retroactively by scrubbing your depreciation schedule for improperly capitalized expenses * Change in Accounting Methods & Private Letter Rulings (PLRs): Unlock significant tax deferrals with IRS-approved adjustments, ideal for businesses generating $50M+ in revenue * Collaboration with CPAs: How niche specialists complement your existing CPA relationship to uncover hidden opportunities * Real-Life Success Stories: Learn how clients across industries—from construction to fast food—discovered millions in missed tax savings * And much more! Connect with Derek Myron: * dmyron@centurawealth.com [dmyron@centurawealth.com]  * LinkedIn: Derek Myron [https://www.linkedin.com/in/derekmyron/] Connect with Eric P. Wallace: * LinkedIn: Eric P. Wallace, CPA [https://www.linkedin.com/in/ericpwallace/] Connect with Centura Wealth Advisory: * (858) 771-9500 * Centura Wealth Advisory [https://centurawealth.com/] * LinkedIn: Centura Wealth Advisory [https://www.linkedin.com/company/centura-wealth-advisory/]

How can high-net-worth families and business owners protect their wealth and maximize tax efficiency in today’s volatile markets? This week on Live Life Liberated, Sean Clark, Partner at Centura Wealth Advisory, and Chris Osmond, Chief Investment Officer, unpack the impactful power of direct indexing. This personalized approach combines tax loss harvesting and tailored portfolios to deliver tax alpha, potentially adding 0.5%–2% annually to your returns. Tune in as Sean and Chris explore how direct indexing could optimize taxable accounts, prepare you for significant liquidity events, and manage concentrated stock positions—all while aligning your portfolio with your unique values. Talking points include: * How direct indexing allows you to own individual stocks that replicate an index, offering greater flexibility and tax optimization through Separately Managed Accounts (SMAs) * How tax alpha is created by leveraging tax loss harvesting to offset gains and income, particularly in volatile markets, adding a potential of 0.5%–2% annually to your portfolio returns * Why personalized portfolios can align with your values (e.g., excluding specific industries) while tailoring exposures to fit your unique financial goals * The best use cases for direct indexing include maximizing tax benefits in taxable accounts, preparing for liquidity events, and managing concentrated stock positions for executives * Why Centura Wealth Advisory partnered with Aperio, a BlackRock-backed leader, to provide institutional-grade customization, monthly tax harvesting, and cutting-edge algorithms * How direct indexing offers cost-efficiency, with fees comparable to ETFs (20 basis points), ensuring all added tax efficiency goes directly to you * And much more! Connect with Sean Clark: * LinkedIn: Sean Clark [https://www.linkedin.com/in/sean-clark-60694518/] * Centura Wealth Advisory [https://centurawealth.com/] Connect with Chris Osmond: * LinkedIn: Chris Osmond [https://www.linkedin.com/in/chris-osmond-cfa-caia%C2%AE-cfp%C2%AE-5b13327/] * Centura Wealth Advisory [https://centurawealth.com/] Connect with Centura Wealth Advisory: * (858) 771-9500 * Centura Wealth Advisory [https://centurawealth.com/] * LinkedIn: Centura Wealth Advisory [https://www.linkedin.com/company/centura-wealth-advisory/]

With tax laws on the brink of change, how can high-net-worth families not only protect their wealth but maximize their tax efficiency?  This week on Live Life Liberated, Kyle Malmstrom, Managing Director at Centura Wealth Advisory, and Adam Buchwalter, Partner at Wilson Elser, deliver a powerful, must-hear breakdown of the critical differences between grantor and non-grantor trusts—and how each could be a key tool to elevate and optimize your estate plan. Tune in as they explore the potential impact of upcoming legislation on grantor trusts, revealing why right now is the perfect moment to take action and lock in benefits before it’s too late.  Talking points include: * The difference between grantor trusts, where the grantor pays the taxes, and non-grantor trusts, which file their own returns and face higher tax rates * How grantor trusts help assets grow tax-efficiently, and how non-grantor trusts can lower state income taxes by being set up in low-tax states like Nevada or Delaware * Why proposed laws, like Senator Warren’s bill, could change the benefits of grantor trusts—and why it’s critical to act quickly * How states like New York and California tax trusts differently, and strategies to avoid high state taxes with proper trust planning * Why working with professionals is key to navigating the complex rules and keeping your wealth safe for the future * And much more! Connect with Derek Myron: * dmyron@centurawealth.com [dmyron@centurawealth.com]  * LinkedIn: Derek Myron [https://www.linkedin.com/in/derekmyron/] Connect with Kyle Malmstrom: * LinkedIn: Kyle Malmstrom [https://www.linkedin.com/in/kylemalmstrom/] * Centura Wealth Advisory [https://centurawealth.com/] * (858) 771-9500 * kmalmstrom@centurawealth.com [kmalmstrom@centurawealth.com]  Connect with Adam Buchwalter: * LinkedIn: Adam Buchwalter [https://www.linkedin.com/in/adam-buchwalter-72a78249/] * LinkedIn: Wilson Elser [https://www.linkedin.com/company/wilson-elser/] * Wilson Esler [https://www.wilsonelser.com/] * 973-735-5784 * adam.buchwalter@wilsonelser.com [adam.buchwalter@wilsonelser.com] Connect with Centura Wealth Advisory: * (858) 771-9500 * Centura Wealth Advisory [https://centurawealth.com/] * LinkedIn: Centura Wealth Advisory [https://www.linkedin.com/company/centura-wealth-advisory/]

What does it take for ultra-high-net-worth families to turn their wealth into a lasting legacy? At Centura Wealth Advisory, it all starts with a deep understanding of where our clients are being underserved. Wealth strategists Derek Myron and Sean Clark examine how Centura’s service model is crafted for those with an income of $2 million and assets over $20 million. They discuss their approach to working with C-level executives and founder-led business owners, optimizing each financial strategy intentionally with their long-term goals. From Centura’s unique Liberated Wealth Planning Process—aimed at delivering a 5X return on costs through tax mitigation and balance sheet optimization—to their ‘Goldilocks’ strategy that balances personalized care with exclusive alternative investment opportunities, they reveal how Centura builds trust and maximizes outcomes for its clients. Talking points include: * Centura’s specialized approach to business owners based on their timelines for selling their companies * How the Liberated Wealth Process aims to provide exponential value through strategic tax and investment planning * The importance of transparency in Centura’s client engagement—from initial meetings to comprehensive reporting * The seamless integration of planning and investment strategies tailored to optimize estate and retirement accounts * The ‘Goldilocks’ firm philosophy—small enough for personalized services but large enough to access meaningful opportunities * And a closer look into how Centura prioritizes client needs to build long-term trust * And much more! Connect with Derek Myron: * dmyron@centurawealth.com [dmyron@centurawealth.com]  * LinkedIn: Derek Myron [https://www.linkedin.com/in/derekmyron/] Connect with Sean Clark: * LinkedIn: Sean Clark [https://www.linkedin.com/in/sean-clark-60694518/] * Centura Wealth Advisory [https://centurawealth.com/] Connect with Centura Wealth Advisory: * (858) 771-9500 * Centura Wealth Advisory [https://centurawealth.com/] * LinkedIn: Centura Wealth Advisory [https://www.linkedin.com/company/centura-wealth-advisory/]