Episode 4 : Building Wealth and Long Term Success With Greg Johnson

/ Business, Finance / By

In episode four of Lightbulb Moments, I speak with Greg Johnson, a wealth manager at Paradigm Wealth Management. With over 30 years in the financial services industry, Greg’s experience spans top firms like Northern Trust, Bear Stearns, and Koch Industries. 

Meet Greg Johnson

Greg is a strategic thinker and community advocate. His understanding of advanced tax strategies and the growing accessibility of private equity companies sets him apart. Greg’s approach is all about personalized strategies that prioritize long-term success and growth for his clients.

Greg has an MBA from the University of Chicago, and outside of work, you’ll find him coaching girls’ lacrosse at Hinsdale Central High School, playing a round of golf, listening to live music, or walking with his 100-pound Labrador, Arnie.

Episode Highlights

In this episode, Greg Johnson shares his insights on:

  • Strategic Planning and Advanced Tax Strategies: Greg talks about how investment is more than just financial ups and downs. It’s about strategic planning to maximize after-tax income. He dives into accessible strategies like 1031 exchanges with DST, tax loss harvesting, and municipal bond investments, shedding light on the fiscal and political nuances, especially in areas like oil and gas.
  • Client-Aligned Approaches: Moving away from the commission-based structures, Greg emphasizes the importance of the modern, fee-based advisory model. This approach focuses on customized strategies that foster better client partnerships and investment outcomes.
  • Accessibility for Private Equity Companies: Greg discusses the shift towards making private equity investments more accessible, the economic significance of middle-market companies, and the importance of recognizing market trends and the decline of public companies.
  • The Role of Alternative Investments: Greg explains how alternative investments are crucial for portfolio diversification. They can cushion against volatile returns, ensuring smoother growth trajectories for the average investor.

Key Takeaways

  • Strategic planning maximizes after-tax income and leverages advanced tax strategies.
  • Fee-based advisory models provide customized, client-centered approaches.
  • Private equity investments are becoming more accessible, especially for middle-market companies.
  • Alternative investments help mitigate volatility and promote long-term growth.

A Quote to Remember

“People can take a longer-term approach to their investments and still participate in these private companies, and how successful they bet. That’s where I think it’s a unique opportunity because, from the data, historically, these investments are typically less correlated to the public markets, they could take a longer-term approach.” – Greg Johnson

Connect with Greg Johnson

Tune in to this episode to learn how Greg Johnson uses strategic planning, client-aligned approaches, and alternative investments to build wealth and ensure long-term success. Don’t forget to subscribe to Lightbulb Moments for more.