The Trusted Partner Podcast - Wealth Strategies for High Net Worth Families
What does it take to make smarter financial decisions and secure your future? Welcome to The Trusted Partner, where Cobblestone Capital Advisors’ Jesse Cramer and Gabe Chodak bring you engaging conversations with experts in financial planning, investment management, and wealth management. Designed to help you take control of your financial future, this podcast simplifies complex topics like tax-efficient investing, retirement planning strategies, and comprehensive financial planning. Whether you’re navigating your growing career, preparing for retirement, or planning a lasting legacy, our expert guests provide practical advice tailored to real-world needs. Based in Rochester, NY, Jesse and Gabe combine their professional insights with relatable stories and actionable tips, helping you turn financial goals into achievable results. The Trusted Partner Podcast isn’t just about managing money. It’s about building confidence, securing peace of mind, and empowering you to make informed decisions for the long term. Tune in to The Trusted Partner Podcast and take the first step toward a smarter, brighter financial future.
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Why Business Leaders Must Have a Voice in Government | Marc Cohen - E57
04/24/2025
Why Business Leaders Must Have a Voice in Government | Marc Cohen - E57
Jesse and Gabe sit down with Marc Cohen, Vice President of Government Affairs at O’Donnell and Associates, as they dive into the crucial role of advocacy in shaping the business landscape. With a career spanning from the Greater Rochester Chamber of Commerce to key government positions, Marc shares insider insights on how businesses—large and small—can ensure their voices are heard in legislative decisions. From local ordinances to federal regulations, Marc explains why advocacy isn’t just an option—it’s a necessity for business success. Oh, and stick around for a fun baseball-themed wrap-up, where Marc, Gabe, and Jesse share their favorite baseball memories! Learn how to ensure your business stays ahead in the ever-changing legislative landscape. Key Takeaways: • What does a lobbyist really do? • How can business owners effectively engage with policymakers? • Is New York truly anti-business, or is there more to the story? Key Timestamps: (00:00) - What Does a Lobbyist Do? (08:00) - The Need for Policy Representation (10:00) - Misconceptions About Government Decision-Making (12:00) - The Role of Lobbying (14:00) - Challenges in Government Relations for Businesses (16:00) - Importance of Building Relationships with Legislators (19:00) - New York’s Business Climate (21:00) - Policy Issues Affecting Businesses (24:00) - Business Owners’ Struggles with State Policies Key Topics Discussed: The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Wealth Management Rochester NY, Financial Planning for Families, Fiduciary Financial Advisor, Comprehensive Financial Planning, Retirement Planning Advice, Tax-Efficient Investing, Risk Management for Investors, Generational Wealth Transfer Planning, Financial Strategies for High Earners, Personal Finance for Entrepreneurs, Behavioral Finance Insights, Asset Allocation Strategies, Advanced Estate Planning Techniques, Business Advocacy Services, Government Affairs Consulting, Small Business Legislation, Corporate Lobbying Strategies, Public Policy Impact on Business, Marc Cohen Mentions: Website: LinkedIn: More of The Trusted Partner: Website: Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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The State of the World: Investing Amid Global Shifts | Jeff Kleintop - E56
03/27/2025
The State of the World: Investing Amid Global Shifts | Jeff Kleintop - E56
This week, we’re diving deep into the world of global finance with a truly special guest—Jeff Kleintop, Chief Global Investment Strategist at Charles Schwab. With a staggering $7 trillion in assets under management, Schwab’s insights shape the financial landscape, and Jeff is at the helm of international market analysis. In this episode, Jeff unpacks the latest on tariffs, trade tensions, global economic trends, and market opportunities—including why Europe’s “New Magnificent Seven” might be the next big thing. Plus, we tackle investor confidence, employment shifts, and the ever-changing role of the U.S. in global trade. Is international investing finally having its moment? Should you rethink your portfolio strategy? Tune in as we break it all down with Jeff’s expert take! Listen now and get ahead of the market curve! Key Takeaways: • How are the proposed tariffs and global trade policies expected to impact international markets and supply chains? • What factors are influencing consumer confidence and employment trends in the U.S., and how might they affect the broader economy? • Why have international markets, particularly in Europe, been outperforming U.S. stocks, and what are the implications for investors? Key Timestamps: (00:00) – The global market landscape (04:00) – European tariffs and their economic impact (06:00) – The real impact of tariffs (08:00) – International market uncertainty (09:00) – Germany’s increased defense spending (12:00) – Rising US recession risks (14:00) – The effect of government spending cuts on GDP (18:00) – International stock outperformance (19:00) – The role of China and India in emerging markets (25:00) – Shipping, tariffs, and global politics (30:00) – New investment opportunities Key Topics Discussed: The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Wealth Management Rochester NY, Financial Planning for Families, Fiduciary Financial Advisor, Comprehensive Financial Planning, Retirement Planning Advice, Tax-Efficient Investing, Risk Management for Investors, Generational Wealth Transfer Planning, Financial Strategies for High Earners, Personal Finance for Entrepreneurs, Behavioral Finance Insights, Asset Allocation Strategies, Advanced Estate Planning Techniques, Global investment strategies, International Stock Market Trends, Tariff Impact on the US Economy Mentions: LinkedIn: More of The Trusted Partner: Website: Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Stock Options, RSUs, & Managing Concentration Risk | Allison Shuler - E55
02/27/2025
Stock Options, RSUs, & Managing Concentration Risk | Allison Shuler - E55
Stock options. Restricted stock units (RSUs). They sound like Wall Street jargon, but if part of your paycheck comes in company stock, these terms could make—or break—your financial future. Join hosts Jesse Cramer and Gabe Chodak as they dive into the world of equity compensation, with Certified Financial Planner (CFP), Allison Shuler. Together, they unravel the complexities of stock compensation, the tax implications you can’t ignore, and the common mistakes that could leave thousands (or more!) on the table. Whether you're cashing in RSUs, exercising stock options, or navigating a high-stakes compensation package, this episode is your essential guide to making smarter financial moves. If you earn part of your paycheck in company equity, don’t miss this one. Key Takeaways: • Should you hold or sell your stock grants? • How does equity compensation impact your investment strategy? • What happens to your stock if you leave your company? Key Timestamps: (00:00) - The rise of equity compensation: Why more employees are getting paid in stock. (03:00) - Stock Options vs. RSUs: Key differences and why they matter. (06:00) - How RSUs are taxed: The crucial moment when you owe the IRS. (08:00) - NSOs vs. ISOs: Which stock options come with better tax benefits? (11:00) - Common mistakes employees make with stock compensation. (13:00) - The risk of holding too much company stock: Why overexposure can be dangerous. (17:00) - The tax dilemma: Holding too long vs. selling too soon. (23:00) - How to create a strategy for selling stock and reducing risk. (26:00) - The hidden risks of equity-heavy compensation packages. (28:00) - Why you need an accountant and financial planner to optimize your strategy. Key Topics Discussed: The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Wealth Management Rochester NY, Financial Planning for Families, Fiduciary Financial Advisor, Comprehensive Financial Planning, Retirement Planning Advice, Tax-Efficient Investing, Risk Management for Investors, Generational Wealth Transfer Planning, Financial Strategies for High Earners, Personal Finance for Entrepreneurs, Behavioral Finance Insights, Asset Allocation Strategies, Advanced Estate Planning Techniques, stock options, RSUs, equity compensation, taxes, compensation income, capital gains, financial plan, investment, diversify, NSOs, ISOs, Allison Shuler Mentions: Allison’s LinkedIn: More of The Trusted Partner: Website: Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Cobblestone’s Best Thinking on 2025 | John DiPasquale - E54
01/30/2025
Cobblestone’s Best Thinking on 2025 | John DiPasquale - E54
John DiPasquale, managing partner at Cobblestone Capital Advisors reflects on his 26 years with the firm, discussing its evolution from a small team to a mid-sized business with a strong focus on client satisfaction and sustainable growth. The conversation transitions into a discussion on macroeconomic factors, the importance of setting realistic market expectations, and the role of goals-based investing. John also highlights future plans, including new private investment opportunities, and shares personal insights on his passion for the industry and the relationships he and the team have built with clients over the years. The episode reviews the key highlights of 2024 and shares the firm’s outlook for 2025. Key Takeaways: • How has Cobblestone evolved over the years, and what role do client relationships and referrals play in the firm's growth? • How does Cobblestone approach market predictions, and how does the firm integrate goals-based investing into their wealth management strategy? • What are Cobblestone's strategies for addressing client concerns related to economic uncertainties, and what are the firm's plans for navigating the financial landscape in 2025? Key Timestamps: (00:00) - Reflecting on 2024 (01:40) - Cobblestone's Growth and Success (03:25) - Client Relationships and Market Insights (07:11) - Economic Trends and Predictions (11:26) - Building a Resilient Portfolio (18:10) - Looking Ahead to 2025 Key Topics Discussed: The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Rochester New York, financial planning, investment management, investing markets, financial, client concerns, inflation and interest rates, Fed policy, economic uncertainty, portfolio management, wealth management, tax cuts, investment strategy, market predictions Mentions: LinkedIn: More of The Trusted Partner: Website: Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Avoid These Common Residential Real Estate Investing Mistakes | Michael Burton – E53
12/26/2024
Avoid These Common Residential Real Estate Investing Mistakes | Michael Burton – E53
Michael Burton, a private investment analyst at Cobblestone Capital Advisors explores the intricacies of residential real estate investing. He shares his journey from junior year in college to owning multiple rental properties in Rochester, New York, and explains the due diligence required for successful real estate investments. The conversation includes insights into the importance of proper tenant screening, managing maintenance and capital improvements, the significant time commitment required, and the advantages of scaling up the number of rental units. Michael also compares direct property investment with other real estate exposure options such as public REITs and private funds, highlighting the risks and benefits of each. The episode wraps up with personal anecdotes and advice for those considering entering the residential real estate market. Key Takeaways: • What are some key considerations and potential risks when investing in residential real estate? • How can prospective property investors balance between personal involvement and hiring third-party services to manage properties? • What are the alternative ways to gain exposure to real estate investments without direct property ownership? Key Timestamps: (00:00) - Michael's Journey into Real Estate (04:07) - The Realities of Property Management (07:57) - Financial Considerations and Risks (16:46) - Tenant Management and Property Scale (19:54) - Alternative Real Estate Investment Options (28:26) - Leveraging Debt in Real Estate Key Topics Discussed: The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Michael Burton, Rochester New York, financial planning, investment management, residential real estate investing, rental property, real estate portfolio, investment portfolio, real estate development, FHA loan, property investment, real estate investment solutions. Mentions: LinkedIn: More of The Trusted Partner: Website: Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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What You Need to Know Before Selling Your Business: Tips From an Investment Banker | David Riley - E52
11/28/2024
What You Need to Know Before Selling Your Business: Tips From an Investment Banker | David Riley - E52
David Riley, an expert in investment banking, discusses the intricacies of the industry, especially within the context of Western New York. He breaks down how investment banks facilitate large-scale financial transactions, including mergers, acquisitions, and capital raising. David also delves into the different market segments, from top-tier firms like Goldman Sachs to middle-market institutions. He highlights the vital role of investment banks in ensuring smooth transactions, particularly for family-owned businesses, and the importance of early planning and professional advising. Key Takeaways: • What are some common misconceptions about investment banking, and how can business owners begin to understand the process better? • How can business owners enhance the value of their companies to make them more attractive for sale or transition? • What unique challenges and considerations are there for family businesses during ownership transition or business sale? Key Timestamps: (00:00) - Defining Investment Banking (00:36) - Roles and Responsibilities of Investment Banks (01:42) - Investment Banking in the Middle Market (05:30) - Family Business Transitions (12:03) - Increasing Business Value for Sale (18:21) - The M&A Process (22:34) - Acquiring Businesses for Growth (24:00) - Living and Enjoying Western New York Key Topics Discussed: The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Rochester New York, financial planning, investment management, investment banking, investment bank, middle market, family business transitions, mergers and acquisitions, investment memorandum, business valuation, customer concentration, enterprise value, private equity, business acquisition Mentions: Website: LinkedIn: More of The Trusted Partner: Website: Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Life’s Best Investments Aren’t Financial | Kimberly Greulich - E51
10/31/2024
Life’s Best Investments Aren’t Financial | Kimberly Greulich - E51
Gabe and Jesse explore the world of travel with Kim Greulich, owner of KG Travel Club. As a travel expert, Kim guides listeners through enhancing travel experiences beyond conventional methods. The discussion covers the importance of travel as an investment in personal growth and family bonding, exploring lesser-known destinations, and smart budget management. Additionally, Kim shares insights on the benefits of using travel insurance and optimizing credit card points. Listeners are encouraged to prioritize experiential and transformative travel over visiting typical tourist spots, integrating cultural understanding and connection into their journeys. Key Takeaways: • How can travel be viewed as an investment in personal growth and happiness? • What are some of the most popular, yet underrated, travel destinations today? • How can travelers effectively budget without compromising on unique and enriching experiences? Key Timestamps: (00:00) - The Value of Travel as an Investment (08:12) - Exploring Unique Travel Destinations (10:55) - Budgeting and Luxury in Travel (21:46) - The Role of Travel Insurance (24:13) - Maximizing Travel Points and Rewards (27:20) - Do's and Don'ts of Travel (30:16) - Jesse and Gabe’s Memorable Travel Experiences Key Topics Discussed: The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Rochester New York, financial planning, investment management, travel Mentions: Website: LinkedIn: Mentions: Die With Zero, Tablet Hotels More of The Trusted Partner: Website: Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Fed Rate Cut. Now What? - E50
09/27/2024
Fed Rate Cut. Now What? - E50
Gabe and Jesse discuss the Federal Reserve's recent September 20th 50 basis points rate cut and its ramifications. They explore the effects on various investment decisions, such as high-yield savings accounts and fixed-income investments, and the broader implications for the stock and real estate markets. They also address how high-net-worth individuals and retirees might be impacted. The episode provides practical advice on navigating these changes and emphasizes the importance of having a solid financial plan. Then hear about Gabe and Jesse’s light-hearted fall traditions. Key Takeaways: • The federal reserve's recent cut by 50 basis points and its potential impact on short-term and long-term financial strategies • The conversation highlighted how interest rate changes affect various aspects of personal finance, such as high-yield savings accounts, credit card rates, and mortgage rates. • Discussions also covered broader economic implications, including potential effects on the housing market, retirement planning, and how well-constructed financial plans should not be overly sensitive to interest rate fluctuations. Key Timestamps: (00:00) - How Do Federal Rate Cuts Impact Investors? (04:20) - Fixed Income Investments (10:12) - The Stock Market (14:05) - Mortgage Rates (20:06) - Retirement Planning (25:10) - Total Bond Markets (25:55) - Will Stimulation Bring Inflation? (30:29) - Fun Fall Activities Key Topics Discussed: The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Rochester New York, financial planning, investment management More of The Trusted Partner: Website: Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Sports Cards: Cardboard or Currency? | Zach Stanley - E49
08/29/2024
Sports Cards: Cardboard or Currency? | Zach Stanley - E49
Zach Stanley joins the podcast to share insights into the future of the sports card industry, its role as an alternative asset and Zach’s personal stories of treasured sports memorabilia. Zach explains the concept of card breaking, the financial rationale for buying specific teams and its impact on the sports card industry. He elaborates on the evolution of the industry, describing how it has been driven by entertainment and social components emphasizing the importance of creating engaging experiences for collectors. Zach also discusses how new technology and social platforms have reshaped the hobby, making it a unique intersection of memorabilia, fandom, and investment. Key Takeaways: • Zach explains the concept of card breaking, where participants buy “teams” in a sealed card product, and receive the cards of their chosen team that are revealed during a live-streamed unboxing. This has driven the sports card industry to new heights, creating a blend of entertainment and community involvement. • The discussion delves into how sports cards are valued, focusing on supply, demand, rarity, and player popularity. Zach emphasizes that analyzing these factors is akin to evaluating stocks or other investments, where rarity and market demand play crucial roles. • Zach highlights the transformation of the sports card industry facilitated by technological advancements, digital platforms, and innovative experiences. He predicts continued growth driven by enhanced fan engagement and the creation of unique collectible opportunities, such as memorabilia cards and experiential rewards. Key Timestamps: (00:00) - The Evolution of the Sports Card Industry (04:36) - Card Breaks (10:15) - Art and Collectibility (14:04) - Investment Strategies in the Card Market (17:14) - Analyzing Player Value in Card Investments (21:42) - The Future of Card Collecting (22:41) - Fanatics' Impact on the Hobby (23:32) - Technological Advancements (27:20) - Handling Inherited Card Collections (33:03) - Personal Stories of Sports Memorabilia Key Topics Discussed: The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Rochester New York, financial planning, investment management, trading cards, sports cards, sports memorabilia Mentions: Website: LinkedIn: More of The Trusted Partner: Website: Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Hedge Funds: Greedy or Misunderstood? | Jason Garlock - E48
07/25/2024
Hedge Funds: Greedy or Misunderstood? | Jason Garlock - E48
Jesse and Gabe are joined by Jason Garlock, Chief Investment Officer at Cobblestone Capital Advisors, to demystify hedge funds. The conversation covers what hedge funds are, their legal structure, investment strategies, performance metrics, fee structures, and regulatory environment. Jason draws comparisons with mutual funds and traditional investments, emphasizing the importance of understanding the manager's role and strategy. The episode also touches on the relevance of hedge funds in modern portfolios and effective ways to benchmark their performance. Finally, the group ends on a lighter note with a fun discussion on their personal 'long' and 'short' bets. Key Takeaways: • What are the differences between hedge funds and mutual funds? • How do hedge funds use short selling, arbitrage, and global macro as a financial strategy? • What role do the managers and investors play in the legal structure of a hedge fund? • What constitutes an appropriate benchmark for hedge fund performance? • What are Jesse, Gabe and Jason long and short on when it comes to living the best life? Key Timestamps: (00:00) Introduction (02:01) What is a Hedge Fund? (02:26) Legal Structure and Advantages (04:03) Investment Strategies and Transparency (05:50) Hedge Funds vs Mutual Funds (10:39) Leverage in Hedge Funds (14:44) Benefits for Hedge Fund Managers vs Investors (18:00) Understanding Hedge Fund Fees (21:53) Consumer Protection (28:51) Benchmarking Hedge Fund Performance (33:30) Private Investments vs. Hedge Funds (36:04) Personal Long and Short Bets Key Topics Discussed: The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Rochester New York, financial planning, investment management, long short hedge funds, mutual funds, private equity, hedge fund managers, investors More of The Trusted Partner: Website: Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Should Couples Combine Their Finances? | E47
06/06/2024
Should Couples Combine Their Finances? | E47
Jesse and Gabe sit down with Allison Schraf, a Senior Wealth Planner at Cobblestone Capital Advisors, to discuss the pros and cons of couples (whether married or not) combining their finances. Topics include: - the importance of communication, transparency, and compromise. - practical advice on creating a household budget, allocating expenses, and managing joint finances. - the importance of updating beneficiaries and life insurance coverage after marriage, and updating personal property coverages. - the need to periodically review and update these arrangements to ensure they align with changing financial needs and circumstances. Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Smart Golf = Smart Wealth Management - E46
05/23/2024
Smart Golf = Smart Wealth Management - E46
Jesse and Gabe meet at the 9th green at 9 for a chat about golf and wealth management, and the varied similarities between the two. Both are exercises in: - Seeking reward while managing risk - Striving to reach your own personal goals, ignoring the outside noise - Planning for what's next and looking ahead - Occasionally hitting it the sand - but focusing on a smart recovery - Seeking guidance for experts who walked the course before - And much more Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Investing in Commodities: Is it Fool's Gold?
05/09/2024
Investing in Commodities: Is it Fool's Gold?
Jesse and Gabe are joined by Charlie Ruff, Cobblestone's Head of Investment Strategy & Communications, to discuss commodities investing: the good, bad, and ugly. Specifically, the three discuss: - what are the different "genres" of commodities? - why does the commodities market exist? - is it worth considering commodities in a diversified portfolio? - do you have to *own* the physical commodities themselves? - and much more Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Should You Own International Stocks? - E44
04/26/2024
Should You Own International Stocks? - E44
Jesse and Gabe are joined by Jordan Millner, Cobblestone's Head of Global Equities, to discuss the merits of international stocks within a diversified portfolio. They answer questions such as: - Do international stocks traditionally outperform U.S. stocks, or vice versa? - Why can't multinational corporations (e.g. Apple) be considered "international investing?" - What are generally accepted international allocations? - What are the various risks of investing in international markets? - What's the difference between "International" and "Emerging" markets? - And more... Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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$100,000 Per Year?! Let's Talk 529 Plans
04/11/2024
$100,000 Per Year?! Let's Talk 529 Plans
Jesse and Gabe go deep on the topic of 529 plans today, helping their listeners understand this fundamental tool in saving for college. Their conversation covers: - The basics of 529 plans - The major benefits, such as tax-free investment growth - The downsides, like illiquidity and penalties for certain withdrawals - The nuance of the recently publicized "529 to Roth" conversion - How to balance 529s into your overall financial plan - and much more Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Running the Rochester Red Wings - E42
03/28/2024
Running the Rochester Red Wings - E42
Charlie Ruff and Jesse Cramer (sorry Gabe!) sit down with Dan Mason, the General Manager of the Rochester Red Wings, to talk all things Minor League Baseball. Their conversation covers: - The Red Wings' new "bat dog," Bruce! - Ball park fun in the minors - Interactions between different teams' general managers - The business model of the minors - Dan's top Red Wings players ever - and much more Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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The Compound Value of Tax Planning - E41
03/16/2024
The Compound Value of Tax Planning - E41
Gabe and Jesse sit down with Tobin Woodruff, a Senior Wealth Planner at Cobblestone Capital Advisors. Tobin is an expert on tax planning, so today's conversation revolves around: - The basics of a 1040 Federal Tax return, and why individuals need to be aware of it - When to know if you need a tax professional - Withholdings and refunds - Tax tips for both young and old investors - "Trading" tax rates (a la Roth conversions) Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Cobblestone is not licensed to provide and does not provide legal, tax, or accounting advice to clients. Advice of qualified counsel or accountants should be sought to address any specific situation requiring assistance from such licensed individuals. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Hard Money Talks with Family and Friends - E40
02/29/2024
Hard Money Talks with Family and Friends - E40
Gabe and Jesse chat 1-on-1 about how to conduct challenging financial conversations with friends and family. It's never easy. But done well, having an important financial conversation helps everyone involved, and prevents negative emotions in the long run. Specifically, Gabe and Jesse cover: - The various people in life who you'll end up "talking money" with - How to broach the conversation in the first place - Why interpersonal roles matter so much - Tips and tricks on starting, conducting, and ending these conversations - And much more Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Earnings Season: What to Watch For
02/15/2024
Earnings Season: What to Watch For
Gabe and Jesse sit down with Charlie Ruff, senior portfolio manager at Cobblestone, to discuss the details of earnings season in the stock market. Their conversation includes: - What is earnings season, and why should we care about it? - What data do companies release, and what kind of conversations do they have with investors? - How useful is earnings season, and what takeaways should long-term investors have? - Does earnings season contain useful economic signals? - What companies act as "bellwethers" for the economy, and why? - And much more Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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When Do You Need Personal or Business Insurance? - E38
02/01/2024
When Do You Need Personal or Business Insurance? - E38
Gabe and Jesse chat with Adrian Morgenstern, founder and president of Morgenstern Insurance Services, about the intricacies of personal and commercial insurance. Their conversation includes: - Going beyond simple home and auto policies - The difference between growing wealth and protecting wealth - Important questions people should consider about their personal risk appetite - How business/commercial insurance is vastly different than personal insurance - The craziest insurance claims Adrian has seen - And much more Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Reviewing '23 and Looking to '24 - E37
01/19/2024
Reviewing '23 and Looking to '24 - E37
Gabe and Jesse chat with Cobblestone CEO and Managing Partner John DiPasquale to review the year of 2023 and look at significant economic and investing questions facing us all in 2024. Specific topics include: - How'd the market do in 2023, and why? - The important takeaways from 2023, including thoughts on cash allocations and broad diversification - How expectations played a role in 2023 results and how they set the table for 2024 - How interest rates, inflation, and economic strength play pivotal roles in the year ahead - What long-term investors should be thinking heading into 2024 - And much more Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Ask Us Anything (Volume #2) - E36
01/04/2024
Ask Us Anything (Volume #2) - E36
Gabe and Jesse answer listener questions for their second rendition of "Ask Us Anything." Topics for this episode include: - "Why did my account go up so much in November and December?" - "S&P, Dow Jones, NASDAQ...which index should I be looking at?" - "Should I have *any* money in banks right now with low interest rates?" - "How are capital gains taxes calculated?" - "When should I start saving for my kids' college?" - And more! Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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When Your Loved Ones Have Alzheimer's - E35
12/21/2023
When Your Loved Ones Have Alzheimer's - E35
Gabe and Jesse sit down with Arlene Wilson, director of programs for the Alzheimer's Association of Rochester and the Finger Lakes, on Episode 35 of The Trusted Partner Podcast. They discuss the best ways we can help friends and loved ones suffering from Alzheimer's, including: - Signs and symptoms of cognitive decline - Resources that can help our loved ones get evaluated - How to broach the conversation, "I'm worried about you." - Financial planning and life planning needs - And much more Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Venturing into Startup Investments - E34
12/07/2023
Venturing into Startup Investments - E34
Gabe and Jesse sit down with David Brown, founder and managing partner at Impellent Ventures, on Episode 34 of The Trusted Partner Podcast. They discuss the basics of venture capital, including the venture space in Western New York: - What is venture capital? - What do typical venture companies look like? - Where does the funding capital come from? - What kind of support do startups need beyond funding? - What does the risk/reward spectrum look like for venture? Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Many Paths to Portfolio Success - E33
11/27/2023
Many Paths to Portfolio Success - E33
Gabe and Jesse sit down with Jason Garlock, chief investment office at Cobblestone, on Episode 33 of The Trusted Partner Podcast. They discuss the many paths to long-term portfolio success, and they share thoughts on both short-term and long-term outlooks. - What does a Costa Rican road trip have to do with investing? - How value vs. growth performed over the past 30 years - But what happened if an investor "chased performance" - The "Magnificent 7" - past, present, and future - Why current bond yields bring optimism across the risk spectrum Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Planning Your Employee Benefits for 2024 - E32
11/09/2023
Planning Your Employee Benefits for 2024 - E32
Gabe and Jesse sit down with Erick Bond on Episode 32 of The Trusted Partner Podcast to discuss the new employee benefits landscape during "Open Enrollment" for the 2024 calendar year. Listen as they dive into: - What you can (or can't) do during Open Enrollment. - What's new in this year's benefit landscape - Why insurance prices continue to rise - How to think about ancillary benefits - A framework for making optimal benefits choices for your family - And much more Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Caring for Elderly Transitions - E31
10/26/2023
Caring for Elderly Transitions - E31
Gabe and Jesse sit down with Karen Menachof on Episode 31 of The Trusted Partner Podcast to understand the challenges of elderly transitions. They discuss topics like: - the pros and cons of moving to an assisted-living facility - how children and grandchildren should (and shouldn't) help - when to begin important assisted-living conversations - the timelines of planning a move - the hidden costs of growing older - and much more Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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~~Episode Removed~~ - E30
10/12/2023
~~Episode Removed~~ - E30
~~Episode Removed~~ - E30
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Inflation, Interest Rates, and Oil Prices - E29
09/29/2023
Inflation, Interest Rates, and Oil Prices - E29
Charlie Ruff sits down with Gabe and Jesse on Episode 29 of The Trusted Partner Podcast to discuss some top-of-mind financial and economic topics, including: - the latest interest rate and inflation updates - what's been happening, why, and what can we expect the future to look like? - why oil prices are slowly rising again, and the impact of oil prices on the economy at-large - the prospect of a government shutdown - what it means for government workers and for investment markets Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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Our 1-Year Anniversary Recap - E28
09/14/2023
Our 1-Year Anniversary Recap - E28
The Trusted Partner Podcast is turning 1 year old! To celebrate, in this episode Gabe and Jesse: - share statistics about the past year - discuss the exciting topics we'll be covering in the coming months - highlight some of our favorite clips from the past year - and most of all, thank *you* for enjoying our work Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
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