Trust Company Talks

The Difference Between Service and Hospitality: A Conversation with Van Eure

Trust Company of the South — Thu, 21 May 2026 13:24:55 -0400

There's a question every long-running business has to answer: How do you keep doing the work well, year after year, after the founders are gone, the industry has changed and customer expectations have only climbed? Few restaurants in North Carolina have answered it as clearly as The Angus Barn.

On the newest episode of Trust Company Talks, hosts Bill Noble and Burke Koonce sit down with Van Eure, owner and operator of The Angus Barn, the legendary Raleigh steakhouse her father co-founded more than six decades ago. Eure recounts the restaurant's origin story, her own unlikely path back into the family business after five years teaching school in Kenya and the leadership philosophy that has carried The Angus Barn into its current era.

Most of the conversation centers on what Eure calls real hospitality, the kind that goes well past customer satisfaction into an experience that guests remember for years. She speaks to a hiring process focused on servant-hearted candidates, a service model that gives every employee the authority to resolve a guest issue on the spot and a set of practices that keep the entire team, including the dishwashers, focused on the same guest experience.

In the conversation:

The difference between customer service and real hospitality
The hiring philosophy that produces a 4% turnover rate, against a 30% to 40% industry average
The Opie Test and how it sharpens performance reviews
Why every manager, including Eure herself, works the dish pit during busy shifts
Eure's advice on sustainable leadership

This is a conversation about people, the work of taking care of them and what it takes to do that well for a very long time.

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts and Spotify. Receive the episodes as soon as they premiere by subscribing today.

How to Think About Alternatives Today: A Conversation with Greg Brown

Trust Company of the South — Thu, 23 Apr 2026 11:35:51 -0400

Every investor who considers alternatives is eventually faced with the same question: Is the added complexity worth it? The honest answer depends on what part of the category you're talking about, how you access it and what you're trying to accomplish with the allocation.

The newest episode of Trust Company Talks takes that question on directly. Hosts Bill Noble and Burke Koonce are joined by Dr. Greg Brown, Distinguished Professor of Finance at the University of North Carolina's Kenan-Flagler Business School and founder and research director of the Institute for Private Capital, for a conversation covering the full breadth of the alternatives category.

Greg has been researching hedge funds, private equity and private credit for more than two decades, and he brings academic rigor to a space often clouded by marketing language. He explains how each category actually behaves inside a portfolio and why the economic case looks quite different for each one.

In this episode:

The two economic reasons alternatives belong in a portfolio
Why the median venture fund disappoints while the average fund looks strong
How hedge fund alpha has decayed as more capital has entered the space
The redemption pressures currently playing out inside evergreen private credit funds
What individual investors should weigh before committing capital: liquidity, taxes and due diligence
Greg's take on alternatives in DC plans and the broader retailization of private markets

For investors, advisors and board members working to make sense of a category that has grown well beyond its original definition, this episode is an hour well spent with one of the foremost academic voices on private markets.

Foundations, Endowments and How to Run Them: A Conversation with Walker Douglas

Trust Company of the South — Thu, 26 Mar 2026 11:45:40 -0400

The assets inside a foundation or endowment were never meant to be spent all at once. They exist to support a mission today and keep supporting it decades from now, which means the way those assets are managed carries real stakes for real communities.

In the newest episode of Trust Company Talks, hosts Bill Noble and Burke Koonce sit down with Walker Douglas, a CFP and wealth advisor in Trust Company's Greensboro office, for a wide-ranging conversation on what it actually takes to manage these pools of capital well. Walker works closely with nonprofits, foundations and endowments across the state and brings both the technical depth and the boardroom perspective that comes from years of doing this work alongside some of the region's most well-run institutions.

Walker covers the dual mandate at the heart of every endowment—meeting current spending needs while preserving purchasing power for the future—and what that requires from asset allocation, spending policy and governance. He also gets into the concentration risk hiding inside major indices today, and why chasing a benchmark that is effectively 40% in 10 stocks may be the wrong objective for an institution built to last a hundred years.

Their conversation covers:

Why 60/40 gave way to 70/30, and when to go more aggressive
How spending policy smoothing works and why it matters
What alternatives bring to an endowment portfolio and the complexity they introduce
How Trust Company approaches governance, performance reviews and donor gifting strategy
What foundation boards are focused on right now: fundraising, revenue diversification and AI
Walker's single piece of advice for any board managing assets for the long term

Whether you manage one of these relationships or sit on the board overseeing it, this episode covers a lot of ground.

What the Tax Law Changed and What It Didn't: A Conversation with Chris Sutherland

Trust Company of the South — Thu, 26 Feb 2026 09:35:06 -0500

The estate tax exemption is now the highest it's ever been. For a lot of families, that's created a sense of breathing room. Chris Sutherland, senior wealth advisor and principal in Trust Company's Charlotte office, would push back on that.

In the newest episode of Trust Company Talks, hosts Bill Noble and Burke Koonce sit down with Chris for a conversation that covers what the recent legislation actually did, why Chris puts the word "permanent" in quotes and why some folks who were on the doorstep of major gifting decisions stopped moving once the urgency disappeared.

Chris also introduces the idea of reverse estate planning, where those who did smart work moving assets out of their estate years ago, when exemptions were much lower, may now want to bring some of those assets back to capture a step-up in basis. And he lays out what everyone should be reviewing on a regular basis, whether or not they have a taxable estate.

The conversation touches on:

Why the estate tax exemption being "permanent" still requires planning, and what post-2028 might look like
Reverse estate planning and when it makes sense to bring assets back into the estate
Asset titling, beneficiary designations and asset location as annual review items
Generation-skipping trusts, qualified charitable distributions and Roth conversions
Insurance reviews and the long-term care conversation
Working with younger generations on trust basics and personal finance

If tax season has you wondering whether your own plan still fits, this episode is a good place to start.

Volatility Travels in Packs: A Conversation with Dan Tolomay on the 2026 Outlook

Trust Company of the South — Thu, 29 Jan 2026 10:14:00 -0500

2025 rewarded equity investors, but it was not a straight line.

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce are joined by Trust Company of the South Chief Investment Officer Dan Tolomay to recap what drove markets last year and frame the investment outlook for 2026.

Dan breaks down key themes that shaped markets in 2025, what may matter in 2026, and focuses on how Trust Company uses valuation discipline and diversification to manage risk. The group also reflects on the spring "Liberation Day" sell-off and the quick rebound that followed, reinforcing Dan's reminder that "volatility travels in packs" and that a durable allocation matters most when markets move quickly.

The conversation touches on:

Why international led in 2025, and how currency moves mattered
What "Magnificent Seven" concentration means for index exposure
What past market leaders can teach investors now
What valuation discipline looks like when prices are stretched
Why big down days and big up days often cluster
Allocation considerations for retirees and long-term investors
Why planning beats forecasting

Listen for a practical look at what worked in 2025, the questions investors are carrying into 2026 and how to think about diversification and valuation discipline when markets feel uncertain, especially for retirees and pre-retirees managing portfolio risk.

Housing, Rates and the Affordability Squeeze: A Conversation with Jim Parrott

Trust Company of the South — Thu, 18 Dec 2025 10:21:26 -0500

If it feels like housing has become a harder math problem, you're not imagining it. Prices moved up, rates followed and the homes that used to serve first-time buyers and move-up families are not being built in the same volume.

In the newest episode of Trust Company Talks, hosts Bill Noble and Burke Koonce talk with Jim Parrott, a nonresident fellow at the Urban Institute and co-owner of Parrott Ryan Advisors, about what is really driving the affordability crunch and what might realistically help.

This conversation stays practical. It covers why the problem is mostly a supply problem, why local rules matter so much, why the post-2008 building pipeline never fully recovered and why quick fixes can create new problems. They also explore the longer-term impact of delayed homeownership on wealth building, plus one policy idea that could help free up inventory by reducing friction for long-time owners who want to downsize.

The conversation touches on:

Why housing affordability is mostly a supply problem
Where the middle of the market is falling short, and who gets squeezed
The early cost drivers, including land, permitting and approvals
How post-2008 changes reshaped building and lending
Why some rent limits can reduce new construction and upkeep
A case for updating capital gains rules on home sales
What rate outlooks could mean for buyers holding off

Listen to the episode to hear Jim's clear take on what is keeping housing tight, and what could help loosen it.

From AI Stocks to Crypto: A Conversation with Wes Crill of Dimensional Fund Advisors

Trust Company of the South — Thu, 20 Nov 2025 06:00:00 -0500

AI headlines, meme stocks, crypto and mega-cap tech have all been front and center this year. For long-term investors, the harder question is what actually deserves a place in a disciplined portfolio.

In a new episode of Trust Company Talks, hosts Bill Noble and Burke Koonce sit down with Wes Crill, Senior Client Solutions Director and Vice President at Dimensional Fund Advisors, to sort through the noise and return to core principles.

Wes shares how he's thinking about the themes investors are asking about most right now, including AI-driven market concentration, the role of traditional investment premiums and the questions surrounding small caps. He also discusses how research helps separate signal from noise in a year filled with new products, rapid narratives and shifting expectations.

The conversation touches on:

AI's influence on market behavior and investor expectations
How concentrated performance shapes the broader discussion
What research shows about premiums across different markets
Where speculation shows up in headlines and portfolios
How investors can stay grounded when new products or trends emerge

Wes closes with a simple message for investors in an anxious, headline-heavy year: broad diversification, clear goals and steady implementation tend to matter more than the latest market story.

Private Investing Today: A Conversation with Mark Roberts of Ironsides Asset Advisors

Trust Company of the South — Thu, 23 Oct 2025 10:40:09 -0400

Private investing looks very different depending on where you sit, whether that be from the state pension board or in a family office.

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce sit down with Mark Roberts, CIO at Ironsides Asset Advisors, to discuss how families can think about private portfolios in a changing market environment.

Mark shares lessons from decades in family office management and his recent governance work with North Carolina's public pension system, explaining how those experiences shape his approach to building customized portfolios for clients.

They cover:

The case for smaller buyout managers and disciplined vintage pacing
Interest rate impacts on private equity distributions
The challenges of liquid alternatives and evergreen funds
Pressures facing university endowments and venture allocations
Aligning investment horizons with family objectives

The discussion shows how private investing, done with patience and purpose, can support a family's goals for decades.

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts and Spotify. Receive the episodes as soon as they premiere by subscribing today.

Understanding the One Big Beautiful Bill: A Conversation with Jonathan Henry

Trust Company of the South — Thu, 18 Sep 2025 09:55:53 -0400

Tax rules shape real-life decisions, from how families give, to how business owners structure cash flow and the way parents save for a child's future.

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce sit down talk with Senior Wealth Advisor and Principal Jonathan Henry, CFP®, CPA to walk through the One Big Beautiful Bill Act and what it may mean for clients and their families.

Jonathan explains where the law extends 2017 provisions and where it changes the playing field, including:

Where 2017 tax provisions were extended and why the added clarity matters
The updated SALT deduction cap and its phase-out range
Estate exemption changes and essential estate-planning housekeeping
Charitable giving strategies, including bunching and the new small deduction for standard deduction filers
Child tax credit and AMT updates
The new "Trump accounts" for minors, including contribution rules, timing and the power of compounding

Jonathan's full commentary on the Act is available here: The One Big Beautiful Bill Act.

Financial Planning for Newlyweds: A Conversation with Lindsey Stetson

Trust Company of the South — Thu, 21 Aug 2025 10:35:18 -0400

Marriage brings plenty of new beginnings, and finances are no exception.

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce sit down with Lindsey Stetson, CFP®, wealth advisor in our Charlotte office, to discuss how couples can approach money matters early in their marriage. Drawing on years of advising families, Lindsey outlines practical steps for building a solid financial base together, touching on essentials such as:

Why estate documents like wills and powers of attorney should be in place
How to review and update beneficiaries on retirement accounts and insurance policies
Combining (or not) bank accounts and subscription services
The role of communication in avoiding financial surprises
Setting investment priorities for short- and long-term goals

Lindsey also shares personal context, from meeting her husband in a college math class to working with younger families today, showing how experience and planning help strengthen financial decision-making.

For more on this, see Lindsey's earlier piece Financial Considerations for Newlyweds.

Clay Young on Fixed Income, Tax Strategy and Technology's Role in Bond Portfolios

Trust Company of the South — Thu, 24 Jul 2025 03:00:00 -0400

Smart fixed income management can make the difference between weathering market uncertainty and getting caught off guard.

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce are joined by Clay Young, founder of Charlotte-based Tannin Capital, for a conversation on municipal bonds, fixed income strategy and how technology has transformed bond portfolio management.

Drawing on over 25 years of experience, Clay explains how municipal bonds can serve as a steady foundation for wealth planning, offering tax efficiency and income potential while helping clients stay the course during market shifts.

Here's some of what they cover:

How bonds work as loans with set terms and returns
Tax advantages of municipal bonds for high earners
Using volatility to rebalance and reinvest
Technology that enables custom bond management
Bond funds vs. separately managed accounts

This episode offers a clear look at how thoughtful bond allocation supports long-term planning, including real-world examples such as how Build America Bonds played a role in post-Katrina recovery, showing how fixed income strategy connects with broader financial and community outcomes.

Financial Roadmap for Young Adults: A Conversation with Trust Company's Joseph Aulisi

Trust Company of the South — Thu, 26 Jun 2025 12:00:25 -0400

Good habits start early, especially when it comes to money.

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce sit down with Joseph Aulisi, CFP and wealth advisor at Trust Company of the South, to discuss the basics of personal finance and why starting sooner is crucial.

The conversation builds on Joseph's recent commentary, Ahead of the Curve: A Financial Roadmap for Young Adults, where he outlined practical steps young adults can take to budget, save, invest and manage debt early in life without becoming overwhelmed. Now in his early 30s, he reflects on the real-world decisions that build financial stability over time, such as tracking expenses and making smart choices about debt.

Here's some of what's covered during the conversation:

Building a budget that works, even on a modest income
Why emergency funds matter and how much to set aside
What to watch for with credit cards and high interest rates
How small, steady investments can grow over time
Tools and books that can help support good decisions

Together, the episode and commentary provide a practical introduction to personal finance, designed to help young adults make informed decisions and build long-term confidence.

What’s Fueling the Triangle’s Growth? A Conversation with Sougata Mukherjee of the Triangle Business Journal

Trust Company of the South — Thu, 22 May 2025 11:13:43 -0400

What's really driving growth in the Triangle? And what does the future hold for one of the Southeast's fastest-growing regions?

In the latest episode of Trust Company Talks, Bill Noble and Burke Koonce speak with Sougata Mukherjee, president and publisher of the Triangle Business Journal. Together, they take stock of where the region stands today and what the road ahead might look like for business, real estate and workforce development.

Sougata shares his perspective on how local leaders are responding to economic shifts, where job creation is happening, and why transportation and talent will be make-or-break issues for future development. He also reflects on the changes inside the media business and what TBJ is doing to keep local reporting strong.

Topics discussed during their conversation:

How trade uncertainty has shaped business decision-making
Why employers are focused on talent pipelines, not just incentives
Slowdowns in the office and multifamily sectors and where demand is still strong
The growing importance of community colleges in workforce development
How Triangle Business Journal is expanding its coverage to more parts of the state

Sougata shares what's happening in new business districts, how downtown Raleigh is starting to recover, and why the Triangle still matters to business owners, investors and longtime residents.

Listen to the full episode to hear Sougata’s take on the present and future of one of the nation’s most dynamic regions.

Through the Noise: Special Market Update with Trust Company's CEO and CIO

Trust Company of the South — Thu, 17 Apr 2025 01:29:47 -0400

Volatility has returned to the markets in full force. With abrupt tariff announcements, policy reversals and a 10% market rally following a sharp decline, investors have been left searching for clarity.

In a special episode of Trust Company Talks, hosts Bill Noble and Burke Koonce sit down with CEO Bill Smith and CIO Dan Tolomay to discuss what today’s turbulence means for long-term investors and how Trust Company is helping families stay grounded amid the noise.

Topics covered include:

Why uncertainty is a major challenge for markets
Historical context: 14% intra-year drawdowns are typical, not unusual
Why investors earn a premium for staying invested during volatile times
The role of diversification across asset classes, styles and regions
How fixed income can offer ballast and opportunity during downturns
Trust Company’s value-driven, evidence-based investment philosophy

From tariffs to headlines to emotional gut-checks, this conversation highlights the core principles that help long-term investors stay the course when the markets feel anything but steady.

Venture Capital and Private Markets: A Conversation with Ted Clark and Jon Terbell of FourBridge Partners

Trust Company of the South — Thu, 20 Mar 2025 09:52:06 -0400

Venture capital plays a distinct role in investment strategies, offering access to high-growth opportunities outside of traditional public markets.

In the latest episode of Trust Company Talks, Bill Noble and Burke Koonce welcome Ted Clark and Jon Terbell of FourBridge Partners to discuss how private market investing works, the nuances of venture capital and how families and institutions can approach these opportunities strategically.

With decades of experience managing private investments, including building the Babson College endowment's venture capital allocation, Ted and Jon share how FourBridge Partners identifies strong investment managers and builds long-term portfolios. They also discuss how patience and a methodical approach can make a significant difference when investing in venture capital.

Topics covered include:

How venture capital differs from private equity and hedge funds
The importance of liquidity when considering private market investments
Strategies for selecting and accessing the right venture capital opportunities
Market trends, including AI, blockchain and deep tech

Ted and Jon emphasize that successful venture capital investing is not about timing the market, it's about steady, disciplined allocations over time.

Hear the full conversation on how FourBridge Partners approaches venture capital within private markets and what it means for long-term investing.

Planning Beyond the Numbers: Jay Eich on Wealth, Tax and Family Decisions

Trust Company of the South — Thu, 20 Feb 2025 08:49:01 -0500

On this episode of Trust Company Talks, Bill Noble and Burke Koonce are joined by Senior Wealth Advisor and Principal, Jay Eich, to discuss tax strategy, estate planning and how the Trust Company team in Charlotte works closely with clients on complex financial decisions.

Jay shares how tax planning plays a central role in helping families structure wealth efficiently, including strategies for estate tax exemptions, charitable giving and preparing for potential policy changes. He also highlights how careful planning before a business sale can create opportunities to protect assets and reduce tax burdens.

Beyond numbers and tax codes, the conversation touches on the importance of personal relationships in wealth management. Whether helping a client evaluate assisted living options or advising those interested in private aviation, Jay and the Trust Company team take a comprehensive approach that extends well beyond investing options.

Key discussion points include:

The impact of estate tax changes and how to prepare for them
Strategies for managing wealth before a business sale
The role of tax planning in long-term financial success

Listen to the full episode to learn how a thoughtful approach to planning can help clients make informed decisions at every stage of life.

Planning for What Could Happen: Dan Tolomay’s Perspective on Opportunities, Challenges & Market Outlook in 2025

Trust Company of the South — Thu, 23 Jan 2025 12:35:44 -0500

In the latest episode of Trust Company Talks, hosts Bill Noble and Burke Koonce sat down with Chief Investment Officer Dan Tolomay, CFA to discuss the highlights of 2024 and the outlook for 2025.

Reflecting on a strong year for markets, Dan noted that global equities rose approximately 20%, with U.S. large-cap growth leading the way. He attributed much of this performance to excitement surrounding artificial intelligence and the continued strength of a few key technology companies. However, he also emphasized the importance of looking beyond recent trends and maintaining a diversified approach to investments.

“Plan for what could happen, rather than trying to predict what will,” Dan said, quoting University of Chicago's David Booth. This philosophy informs Trust Company's disciplined approach, focusing on valuations, diversification, and long-term goals.

Building a Brighter Future: Trina Fullard on Charlotte Rescue Mission's Impact

Trust Company of the South — Thu, 19 Dec 2024 02:00:00 -0500

In this episode of Trust Company Talks, Bill Noble and Burke Koonce welcome Trina Fullard, CEO of Charlotte Rescue Mission, to share her inspiring journey and the impactful work of the organization.

Trina describes how the mission, founded in 1938 by nine Charlotte businessmen, has evolved into a vital resource for individuals facing homelessness and addiction. Offering a four-month residential recovery program, Charlotte Rescue Mission equips men and women with the tools they need for a fresh start. Programs like Rebound for men and Dove's Nest for women focus on healing, education and future readiness, with options for mothers to bring their children along on their recovery journey.

During the conversation, Trina highlights:

How the mission expanded its reach during the pandemic to include long-term support through case management and recovery living.
The role of partnerships with several community organizations like in providing financial literacy and wellness opportunities.
The importance of programs that help graduates build essential skills for a successful transition after recovery.

Trina also shares her vision for the future, including creating outdoor spaces for reflection and growth and expanding programs for families.

Tune in to discover how the Charlotte Rescue Mission is creating lasting change in the community.

Learn more about their work and how to support their mission by visiting their website.

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts and Spotify. Receive the episodes as soon as they premiere by subscribing today.

Advocating for the Innocent: Bonus Episode with Chris Mumma

Trust Company of the South — Thu, 05 Dec 2024 11:17:16 -0500

In this bonus episode of Trust Company Talks, Bill Noble and Burke Koonce sit down with the Executive Director of the North Carolina Center on Actual Innocence, Christine (Chris) Mumma, for an inspiring conversation about advocating for the wrongfully convicted.

Chris shares the mission of the Center, which focuses on investigating claims of innocence, pursuing policy reform and providing reentry services for exonerees. The conversation brings attention to:

The challenges exonerees face, from lack of support to hurdles in receiving compensation.
Success stories, like Greg Taylor and Willie Grimes, and the lessons learned from their journeys.
The Joseph Sledge House of Healing, supported by businesses like Trust Company and Lowe's, is a groundbreaking initiative redefining reentry support and providing a community for exonerees.

Chris also discusses the importance of pardons for exonerees, ongoing systemic reform efforts and the need for community involvement to sustain these programs.

Listen to learn how dedicated efforts and community involvement are making a positive impact in the lives of exonerees.

If you'd like to support the NC Center on Actual Innocence, visit their website.

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts and Spotify. Receive the episodes as soon as they premiere by subscribing today.

Rebuilding after the Storms: Next Steps with Ben Teague of Biltmore Farms

Trust Company of the South — Thu, 21 Nov 2024 02:00:00 -0500

In the latest episode of Trust Company Talks, Bill Noble and Burke Koonce sit down with Ben Teague, vice president of strategic development at Biltmore Farms, to discuss disaster recovery, community resilience and the path forward for Western North Carolina after devastating storms.

Ben brings a wealth of experience in disaster recovery, having led economic development efforts during Hurricane Katrina, and shares how those lessons are shaping the approach to rebuilding in the face of recent challenges.

In this episode, the conversation explores:

How collaborative efforts across public and private sectors drive recovery
The economic toll of the storm, particularly on small businesses in areas like Biltmore Village and the River Arts District, and the importance of supporting businesses impacted by disasters
The innovative strategies driving the efforts to rebuild infrastructure and restore the heartbeat of the community

Ben shares his personal experiences during the disaster, from widespread power outages to the community's immediate response, highlighting the strength and resilience of Western North Carolina's communities and emphasizing the critical role of neighbor-to-neighbor support and strategic planning.

Tune in to hear how local organizations, private companies and individuals are coming together to rebuild and prepare for the future.

Join us in supporting relief and recovery efforts in Western North Carolina by contributing to:

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts and Spotify. Receive the episodes as soon as they premiere by subscribing today.

Markets are Not Political: A Conversation with Jake DeKinder of Dimensional Fund Advisors

Trust Company of the South — Thu, 17 Oct 2024 02:00:00 -0400

In the latest episode of Trust Company Talks, Bill Noble and Burke Koonce welcome Jake DeKinder, head of client communications at Dimensional Fund Advisors—an investment firm managing over $800B in assets and one of our key partners at Trust Company.

Jake brings his extensive background in education and finance to share valuable insights about:

Why financial education is critical for making informed decisions
The benefits of an evidence-based approach to investing
The impact of social media on market behavior
Why political beliefs shouldn't dictate financial strategies

Jake stresses the importance of financial literacy and the need for a disciplined, long-term approach to investing. He explains why sticking to a clear strategy can yield better outcomes, even during market shifts. The conversation also touches on the recent volatility seen with companies like GameStop and AMC and how a patient, steady approach helps investors amid market uncertainty and political change.

Listen to this episode to learn more about staying disciplined and making informed financial decisions, regardless of market noise.

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts and Spotify. Receive the episodes as soon as they premiere by subscribing today.

Selling a Family Business: A Conversation with Charles Shook and Leah Jane Barnwell

Trust Company of the South — Thu, 19 Sep 2024 02:00:00 -0400

In the latest episode of Trust Company Talks, hosts Bill Noble and Burke Koonce explore the world of small business mergers and acquisitions (M&A). Charles Shook, founder of Trestle Capital Partners, and Leah Jane Barnwell, CRPC®, Trust Company's strategic initiatives manager, join them. They offer practical advice and personal stories for family business owners thinking about selling.

Leah Jane reflects on her family's journey with their manufacturing business, emphasizing the need to find a buyer who values the company's legacy and cares for the employees. She emphasizes that selling a family business is never just about the financials; the emotional side plays a key role in making the right decision.

Charles Shook shares his expertise on search funds, an option for business owners seeking a smooth transition. He also outlines the importance of preparing a business for sale, focusing on long-term planning and how to make a business attractive to buyers, even in unpredictable markets.

Listeners will hear about:

Balancing emotional and business concerns when selling a family-owned company
Search funds as an appealing option for those seeking the right buyer
Key steps to ensure a successful business sale
How to select a buyer who will continue the company’s vision and values

Listen to this episode for practical advice on navigating the M&A process and ensuring a smooth transition for your family business.

As always, if you have any questions, please contact us.

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts and Spotify. Receive the episodes as soon as they premiere by subscribing today.

Insights into Today's Financial Landscape: A Conversation with Our CIO Dan Tolomay

Trust Company of the South — Thu, 22 Aug 2024 10:37:18 -0400

The latest installment of Trust Company Talks features an insightful conversation with Dan Tolomay, Trust Company's Chief Investment Officer. Hosts Bill Noble and Burke Koonce explore current market conditions and investment strategies, providing valuable guidance for investors in today's complex financial landscape.

Throughout this discussion, listeners will discover:

The shifting tides in the tech sector and what it could mean for your portfolio
Why "cheap" might be the new "chic" in the stock market
The case for pint-sized powerhouses in your investments
Unearthing hidden gems in international markets
Separating political noise from investment signal

Tune in for practical insights and stay informed about the latest market trends to make more confident investment decisions.

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts and Spotify. Receive the episodes as soon as they premiere by subscribing today.

The Difference Between Good and Great with Legendary Broadcaster, Mick Mixon

Trust Company of the South — Thu, 25 Jul 2024 03:00:00 -0400

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce are joined by Mick Mixon, a celebrated figure in North Carolina broadcasting. Known for his magnetic style and keen commentary, Mixon shares his journey from a young, curious kid in Chapel Hill to a prominent voice in sports broadcasting. Their conversation includes some of Mick's career lessons, personal anecdotes and a lot of laughter.

During their conversation, the group talked about:

Why did Mick choose to leave the Tar Heels for the Panthers, and why did he retire?
Why mentorships are rare and so important for a young person's life.
The importance of listening to your clients and allowing organic relationships.
And what do you do when your future employer offers you his chapstick?

Mick's storytelling and insights provide a fascinating look at the dedication required to succeed in the broadcasting industry. We hope you enjoy listening to this episode as much as we enjoyed making it. As always, if you have any questions, please do not hesitate to contact us.

Trust Company Talks is a production of Trust Company of the South, a premier wealth management firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts and Spotify. Subscribe today to receive new episodes as soon as they premiere.

Planning for Perpetuity: A Conversation with Trust Company's CEO, Bill Smith

Trust Company of the South — Thu, 20 Jun 2024 13:14:44 -0400

In this episode of Trust Company Talks, hosts Burke Koonce and Bill Noble welcome the President, CEO, and majority shareholder of Trust Company of the South, Bill Smith. They discuss exciting developments at the firm, focusing on planning for the future. The conversation covers the importance of continued independence, maintaining client relationships over generations, and the firm's commitment to its core values.

During this episode, some of the topics discussed include:

A big announcement on new principal partners and equity changes
The key traits that Trust Company looks for in evaluating potential partners
A look at how the origins of the firm still inform its core values today
The emotional aspect of succession planning for clients and business owners and the importance of focusing on ensuring stability and continuity for future generations of our clients
How independence and employee equity can position a firm to stand out against its competitors

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts and Spotify. Receive the episodes as soon as they premiere by subscribing today.

Navigating the M&A Landscape: A Conversation with Thomas Lyon & Mark Phillips

Trust Company of the South — Fri, 24 May 2024 09:47:25 -0400

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce are joined by Thomas Lyon, partner at Manning, Fulton & Skinner P.A., and Mark Phillips, founder and managing director of Lamkin Road. Their conversation explores the current state and impact of the M&A market, processes, valuation dynamics and the experiences and challenges faced by business owners. The group also discusses key advice for prospective sellers and buyers and the psychological aspects of selling a business.

Specifically, they talked through:

The current state of the M&A market, especially as interest rates rise.
The top issues for sellers and buyers in the current market.
How long the acquisition process takes and why it’s crucial to start early and assemble the right team.
How to know the right timing to sell your business and expert advice for sellers in today's market.
How to prepare your key employees for a sale and the right time to announce the sale.

We hope you find this conversation as valuable and enjoyable as we did. As always, if you have any questions, please do not hesitate to contact us.

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts and Spotify. Receive the episodes as soon as they premiere by subscribing today.

Storytelling in Business: A Conversation with Dr. Heidi Schultz

Trust Company of the South — Tue, 30 Apr 2024 04:00:00 -0400

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce are joined by Dr. Heidi Schultz, a clinical professor of management and corporate communication at UNC Kenan-Flagler. The conversation explores the transformative power of storytelling in business, how it complements data and logic, and its role in effective communication and relationship building.

Dr. Schultz shares insights from her extensive experience in teaching communication and storytelling, including the key elements of a good story, the impact of technology on traditional storytelling, and the importance of authenticity and connection in our increasingly digital world. The episode also explores the difference between male and female storytelling techniques, the significance of humor and the unique challenges of public speaking.

Specifically, they discussed:

The key elements and framework of an effective story, whether it be in entertainment or business.
How our brains store and process stories versus numbers and data.
The impact of technology on traditional storytelling, and the importance of authenticity and connection in a digital world.
The difference between male and female storytelling techniques and how to craft a story based on the audience.
Examples of effective storytellers in the business realm, such as the late Apple Co-Founder Steve Jobs and Indra Nooyi, former chief executive officer of PepsiCo.
What we can learn from great comedians, and when it's appropriate to incorporate humor into your stories.

We hope you enjoy this conversation as much as we did, and as always, if you have any questions, please do not hesitate to contact us.

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts, Spotify and Google Podcasts. Receive the episodes as soon as they premiere by subscribing today.

Breaking Barriers in Finance and Politics: A Conversation with Janet Cowell

Trust Company of the South — Thu, 28 Mar 2024 10:59:43 -0400

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce sat down with Janet Cowell, former State Treasurer of North Carolina and a current candidate for mayor of Raleigh.

The conversation covers a range of topics, from Janet's unexpected journey into public service and her influential tenure as treasurer to her insights on investing, the importance of diversity in finance and her current endeavors with the Dix Park Conservancy. Janet also shares her experiences and challenges as the first female Treasurer of North Carolina and offers advice to young women aspiring to make their mark in predominantly male fields.

Specifically, they discuss:

Janet's unique background and career trajectory and how it led her to public service.
The complexities of NC's pension and health plans, emphasizing the General Assembly's limited grasp and the critical role of healthcare expertise.
Janet's political career, including her City Council election in 2001, initiatives on tree protection, the convention center, Fayetteville Street and addressing COVID-19 impacts.
Janet's tenure as state treasurer, managing the Great Recession's impact and growing the pension fund from $60 billion to $90 billion.
The challenges professional women face in male-centric fields and Janet's advice for navigating gender-based hurdles, such as leveraging mentorship.
Janet's vision for downtown Raleigh and her work with Dix Park Conservancy.

We hope you enjoy this episode as much we did. As always, if you have any questions, please do not hesitate to contact us.

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts, Spotify and Google Podcasts. Receive the episodes as soon as they premiere by subscribing today.

Tax Time: A Conversation with Chris Sutherland, CPA

Trust Company of the South — Thu, 22 Feb 2024 09:40:34 -0500

In this episode of Trust Company Talks, hosts Burke Koonce and Bill Noble are joined by one of Trust Company's own, wealth advisor and principal, Chris Sutherland, CPA, to help listeners better understand the intricacies of advanced tax planning. Throughout the conversation, Chris explains the potential benefits of various strategies and shares practical examples of how these strategies can be successfully implemented as part of a comprehensive financial plan.

During this episode, some of the topics discussed include:

Chris's career trajectory, which included 14 years with PricewaterhouseCoopers (PwC) and how he found the perfect fit working at Trust Company.
The importance of staying informed about tax changes, understanding estate planning, tax implications and the need for early planning.
Roth IRA conversions, the significance of income thresholds for Roth contributions and the flexibility of converting traditional IRAs to Roth IRAs without income restrictions.
The benefits of Health Savings Accounts (HSA), allowing deductions on contributions, tax-free growth and withdrawals for medical expenses.
Gifting strategies, including the use of donor-advised funds to maximize deductions in high-tax environments.
Tax loss harvesting for selling stocks at a loss to manage future tax liabilities, offset gains and be mindful of potential downsides, such as selling in a higher tax bracket, particularly during market downturns.

The episode concludes with an emphasis on adopting a holistic approach to financial management, taking into account investments, taxes and other crucial factors.

We hope you enjoy this conversation as much as we did. If you have any questions, please do not hesitate to contact us.

State of the Markets 2024: A Conversation with Dan Tolomay

Trust Company of the South — Thu, 25 Jan 2024 11:00:00 -0500

In this episode of Trust Company Talks, hosts Burke Koonce and Bill Noble are joined by Trust Company's chief investment officer, Dan Tolomay, to discuss the current state of the markets. Together, the trio explores market conditions, the impact of the Federal Reserve and China’s role in the global economy.

Specifically, they discuss:

Benefits of data-driven, long-term investing and the significant impact the top 10 S&P Index stocks had on its performance.
The unpredictability and high valuations of large-cap growth stocks.
The transformative role of the Federal Reserve in shaping investment landscapes and the potential effects of interest rate shifts and quantitative easing.
Emerging markets and the potential consequences of China's economic bubble, especially in real estate.
The enduring appeal of value investing and the delicate balance between risk and reward.

They discuss the importance of diversification amidst market volatility and why they prefer taking compensated risks as opposed to "putting all your eggs in one basket." Overall, Dan expressed confidence in Trust Company's investing approach and strategic positioning, underlining the importance of a thoughtful, well-diversified portfolio to preserve and grow wealth.

We hope you enjoy this conversation as much as we did, and as always, if you have any questions, please do not hesitate to contact us.

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts, Spotify and Google Podcasts. Receive the episodes as soon as they premiere by subscribing today.

The Magic Behind A Christmas Carol: A Conversation with Ira David Wood III

Trust Company of the South — Thu, 07 Dec 2023 08:00:00 -0500

In this festive edition of Trust Company Talks, hosts Bill Noble and Burke Koonce sit down with Ira David Wood III, executive director of Theatre in the Park, as he prepares for his final year of portraying Ebenezer Scrooge in his very own musical adaptation of A Christmas Carol.

Throughout the conversation, they discuss David's childhood memories in Enfield, North Carolina. They also delve into his extensive career as an author, actor, and producer and his work with Theatre in the Park—an organization dedicated to providing a quality theatre experience to a diverse audience base in Raleigh and the surrounding area.

Theatre in the Park's iconic production of A Christmas Carol has been a community staple for over 50 years, and they dive into its iconic history and positive local impact. Here, David emphasizes the importance of humor in connecting with the audience and the overall transformative power of theater.

Additionally, the conversation touches upon the nostalgic elements of Christmas, its ability to bring out the inner child in us all, and the emotional resonance of holiday performances. David encourages people to embrace the bittersweet feelings that often accompany the season, acknowledging the Christmas blues and the power of art to uplift and bring joy. David also openly shares his thoughts on legacy, death and who may take over the infamous role of Scrooge.

Overall, this conversation highlights the communal environment and transformative power of theater, teaching all who are a part of it never to underestimate the strength of kindness, hugs and encouragement.

We hope you enjoy this conversation as much as we did, and as always, if you have any questions, please do not hesitate to contact us.

The Power of Collaborative Giving: A Conversation with Gavin Stevens of The Alamance Community Foundation

Trust Company of the South — Tue, 21 Nov 2023 02:00:00 -0500

In this episode of Trust Company Talks, we sat down with Gavin Stevens, executive director at Alamance Community Foundation (ACF), an organization dedicated to strengthening Alamance County through inspired and collaborative giving. The foundation was established in 1991 in Burlington, North Carolina, and, as a long-term partner, Trust Company of the South has had the pleasure of witnessing the organization's impact on the Alamance community first-hand.

Throughout the conversation, they discuss ACF's history and role in collective giving and supporting community needs. The foundation serves as a hub for connecting donors with causes and providing support, including helping individuals who want to support the community but are unsure about specific needs. They also discuss Alamance County's unique position as a rapidly growing area with diverse economic development and how the foundation is crucial in addressing challenges arising from this growth, such as shortages in early childcare services.

Additionally, Gavin shares her thoughts on the transfer of wealth and the need for intentional, long-term planning in the non-profit community. She also shares the impact of inflation on charitable giving and ACF's strategies for navigating these economic challenges.

Community foundations play a vital role in fostering collaboration, addressing community needs and creating a lasting impact through strategic philanthropy. Here at Trust Company of the South, we encourage anyone who desires to make an authentic, tangible difference in your community to connect with a local community foundation, such as the Alamance Community Foundation. As always, if you have any questions, please do not hesitate to contact us.

Culture, Relationships and the Fiduciary Standard of Care: A Conversation with Dave Beischer

Trust Company of the South — Thu, 26 Oct 2023 02:00:00 -0400

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce are joined by special guest Dave Beischer, a Trust Company of the South board member and fifth-generation Durhamite, to share his family's experience as a client of Trust Company of the South for the past 26 years.

The conversation centers on Dave's relationship with Trust Company, and how it evolved over the years from fiduciary services to wealth management, investments, tax strategies, risk management, corporate execution and management of the Fox Family Foundation, a philanthropic arm dedicated to supporting the Triangle nonprofit community.

During the episode, Dave shares his thoughts on the three areas where Trust Company differentiates itself from other providers: the culture and sense of family, the people and the fiduciary standard of care.

Culture and Sense of Family: Trust Company believes in the importance of developing a close, personal understanding of each client's family, ensuring a relationship that goes beyond business to become a trusted friend.
The People: It's not just about managing wealth; it's about the people behind the process. Dave emphasizes the exceptional expertise and commitment of the team at Trust Company.
Fiduciary Standard of Care: Trust Company follows a strict fiduciary standard of care. Dave elaborates on how this distinguishes them from other providers, ensuring that your best interests are always put first.

Additionally, Dave shares his thoughts on the value of having outside board members, like himself, who were initially clients. He emphasizes the importance of an external perspective and mentions the positive impact of outside board members on the firm's decision-making processes.

As always, if you have any questions please do not hesitate to contact us.

Optimizing Portfolios in Unpredictable Times: A Conversation with Edward Saracino of Vanguard

Trust Company of the South — Thu, 21 Sep 2023 02:00:00 -0400

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce are joined by Edward Saracino, senior portfolio specialist with Vanguard Financial Advisor Services, a longstanding investment partner of Trust Company of the South. During the conversation, Noble, Koonce and Saracino share insights on the current financial market, the pros and cons of different types of portfolio construction, and Vanguard's role as a resource to Trust Company clients.

Some of the specific topics discussed include:

The current macro environment and predictions for inflation, rate hikes and a potential recession
Saracino's experience over the last 20 years working with Vanguard and the organizational structure of the Vanguard Financial Advisory Services Division
The pros and cons of an actively managed packaged solution, such as a Vanguard fund or ETF
The importance of portfolio diversification for growing and protecting wealth
Why Vanguard recommends an increasingly higher percentage allocated to international investments
Commonly held misconceptions some may have regarding their investments, i.e. the 60/40 portfolio and whether or not it is "dead"

As always, if you have any questions about Trust Company's approach to investment management, please do not hesitate to contact us.

Preserving Legacies: Navigating Trust and Estate Planning with Westray Veasey

Westray Veasey, J.D. — Thu, 17 Aug 2023 14:00:00 -0400

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce are joined by Trust Company of the South’s own chief fiduciary counsel, Westray Veasey, J.D, to offer an inside look at the important role trust and estate planning plays help safeguard your wealth and ensure your legacy lasts for generations to come.

During this episode, some of the topics listeners will learn about include:

The path that led Westray to become an estate planning lawyer
The definition of estate planning and its utility to our clients
When to begin the estate planning journey and how to approach the process
How Trust Company helps clients create and optimize successful trust and estate plans
How Trust Company acts as a resource with estate planners to mitigate any issues that may arise
Significant trust and estate planning challenges in the current political climate
How to incorporate tax planning into an estate plan as exemptions rapidly evolve
Common areas of improvement within trust and estate plans

As always, if you have any questions about the trust and estate planning process or are interested in embarking on your legacy-protecting journey, please do not hesitate to contact us.

Fighting for Justice: A Conversation with Chris Mumma from the NC Center on Actual Innocence

Trust Company of the South — Thu, 20 Jul 2023 02:00:00 -0400

In this episode of Trust Company Talks, hosts Bill Noble and Burk Koontz are joined by Chris Mumma, the executive director of the North Carolina Center on Actual Innocence. During their conversation, Mumma shares her insightful journey from a career in finance to her current role, seeking justice for those wrongly imprisoned.

During the episode, some of the topics listeners will learn about include:

The factors that drew Mumma to the Center for Actual Innocence and its mission
The establishment of the NC Center on Actual Innocence to address wrongful convictions
How Trust Company of the South currently works with exonerees as fiduciary advisors
Key issues that need to be addressed by the legal system, including expanding the use of recording in detention facilities, providing bias training and implementing uniform checklists
The Center’s involvement in a high-profile case to exonerate Daniel Green, and why she believes he is innocent
Why policy changes are necessary to increase the reliability of convictions

The podcast episode concludes by discussing the non-profit nature of the Center for Innocence. The Center relies on donations and grants, with 45% of its funding coming from exonerees who pay it forward to help others who are wrongly imprisoned. Mumma hopes that as the center progresses, more foundations will become interested in supporting their cause, leading to further growth and impact.

If you are an exoneree or are interested in donating to this cause, please do not hesitate to contact us. Here at Trust Company of the South, we work with exonerees, acting as their fiduciary advisors and helping them reintegrate into society. We provide investment strategies to maximize their finances, assist with tax payments and trust fund allowances and provide them with ways to maximize their second chance at life.

The Inspiring Story of a True American Hero: A Conversation with Colonel Quincy Collins

Trust Company of the South — Thu, 22 Jun 2023 04:00:00 -0400

For this special episode of Trust Company Talks, hosts Bill Noble and Burke Koonce are joined by former fighter pilot, prisoner of war, professional speaker and a true American hero (who also happened to be born on the Fourth of July): Colonel Quincy Collins. During this conversation, Noble and Koonce go beyond wealth, investments and estate planning to give listeners a taste of some of the remarkable clients we serve, which includes the Colonel.

During this episode, some of the topics listeners will learn about include:

The childhood that fostered the patriotic and heroic spirit within the Colonel and how he went from potentially running his father’s furniture store to joining the Air Force
How music resonated throughout the Colonel’s life, from singing in the choir as a child to performing at the White House
Valuable lessons that the Colonel learned during his time at the Air Force Academy and as an Air Training Officer
The Colonel’s experience of being shot down and fascinating stories of resilience that occurred while he was a POW in North Vietnam
How the Colonel defines “freedom” after being released from Vietnam and finally returning back home after being imprisoned for seven and a half years

As this conversation with the Colonel shows, it is not always an easy path to glory. Rather, it is a long journey filled with peaks and valleys – similar as it is with investing. If you are interested in learning more about the extraordinary story of this true American patriot, we encourage you to pick up the Colonel’s memoir, Out of the Blue. As always, if you have any questions about anything discussed during this podcast episode, please do not hesitate to contact us.

Trust Company Talks With Investment Strategist Burke Koonce

Trust Company of the South — Thu, 18 May 2023 02:00:00 -0400

During this episode of Trust Company Talks, host Bill Noble sits down with his co-host and Trust Company of the South's investment strategist, Burke Koonce, to delve into the topic of investment strategy. However, their conversation doesn't stop there. Koonce also shares about his fascinating side hustle producing award-winning financial documentaries, which have gained recognition on popular streaming platforms like Netflix and HBO Max.

While writing about investing strategy and producing financial documentaries both draw on Koonce's passion for storytelling, these activities also involve the behavioral component of investing, which is arguably even more important than technical expertise over the long haul.

During this episode, listeners will also learn about:

The many hats worn by Koonce as Trust Company’s investment strategist
Where Koonce finds inspiration for writing about specific investing subject matters
How Koonce discovered he had a passion for storytelling through both written and film formats
How Koonce’s position at Trust Company has helped him craft successful financial documentaries
An overview of Koonce’s two documentaries, Betting on Zero and Gaming Wall Street, and the lessons investors can learn from them
How producing financial documentaries helps fine-tune Koonce’s own investment expertise
The best books for individuals who are interested in learning more about investing

As always, if you have any questions about anything discussed during this podcast episode or Koonce’s documentaries, please do not hesitate to contact us.

A Conversation with Outer Banks Community Foundation CEO Chris Sawin

Trust Company of the South — Thu, 20 Apr 2023 02:00:00 -0400

Welcome to Trust Company Talks, the investing and wealth management podcast brought to you by Trust Company of the South.

In this episode, hosts Bill Noble and Burke Koonce sit down with Chris Sawin, president and CEO of the Outer Banks Community Foundation (OBCF), to discuss all things community foundation-oriented. From the unique geographic region served by OBCF to their work in disaster relief, grantmaking, scholarships and nonprofit support, Sawin shares insights into the impactful work being done by OBCF. Additionally, he delves into the foundation's fascinating origin story and the strategies they utilize to raise capital so that they can further their mission. Tune in to learn more about the important work done by community foundations and how OBCF is making a difference.

A Conversation with Trust Company Chief Investment Officer Dan Tolomay

Trust Company of the South — Thu, 16 Mar 2023 02:00:00 -0400

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce are joined by Trust Company of the South’s own chief investment officer, Dan Tolomay, CFA, for a highly informative conversation about a wide range of investment topics and Dan’s tried and true history with our firm over numerous market cycles.

During this episode, listeners will also learn about:

Dan’s background and how he came to join our firm
What having a CFA designation means and the process to obtain one
A typical day as the CIO at Trust Company of the South
Our unique approach to managing investment portfolios
How tax harvesting funds can be an effective strategy during market volatility
Our long-standing partnership with Dimensional Fund Advisors
Our investment philosophy and why it includes a global approach and alternatives
The role an investor’s behavior plays in the success of their portfolio
How Trust Company has evolved throughout the past fifteen years

This episode was originally recorded in December of 2022.

A Conversation with Mark Roberts of Ironsides Asset Advisors

Trust Company of the South — Mon, 13 Feb 2023 02:00:00 -0500

As volatility and uncertainty in the public markets persist, many investors are searching for new, or rather alternative, ways to diversify their portfolios. Amidst this backdrop, Trust Company of the South’s Bill Noble, director of client relations and development, and Burke Koonce III, investment strategist, are joined by Mark Roberts, chief investment officer at Ironsides Asset Advisors, for a conversation about what's really happening in the world of private equity and alternative investing.

During this episode, listeners will learn about:

What makes an asset an alternative investment
The difference between private equity and hedge funds
The advantages of incorporating alternatives into traditional portfolios
How private equity has evolved and what it means for investors
The ways market volatility in the public sector impacts the private equity market
Which types of investors may reap the most benefits from alternative investments
The minimal portfolio size to get exposure to these types of investments Opportunities and challenges in private equity today

A Conversation with Trust Company President and CEO Bill Smith

Trust Company of the South — Tue, 31 Jan 2023 02:00:00 -0500

In this episode of our podcast series Trust Company Talks, Trust Company of the South’s Bill Noble, director of client relations and development, and Burke Koonce III, investment strategist, are joined by our very own president and chief executive officer, William H. Smith. Together they discuss the history of Trust Company and what lies ahead for the firm and the clients and markets we serve. And as much as Bill Smith would have liked to avoid it, we did manage to get him to talk about himself just a little. During this episode, listeners will learn about:

Bill Smith’s background that led him to the financial services industry and how he spends his time outside of the office, from family to philanthropy
The history of Trust Company and how Smith’s family grew the firm to what it is today, while maintaining the firm culture of families serving families
How Trust Company helps its clients transfer their values – along with their assets – to future generations
Smith’s advice for up-and-coming business leaders

This episode was originally recorded in November of 2022.

Trust Company Talks with Dave Butler and Jack Nicholson of Dimensional Funds

Burke — Wed, 02 Mar 2022 11:00:00 -0500

Bill Noble and Burke Koonce of Trust Company of the South are joined by Dave Butler and Jack Nicholson of Dimensional Fund Advisors for a discussion of what's happening in markets and how Dimensional is navigating market volatility.

Trust Company Talks with Special Guests Amy Risseeuw and Charles Shook

Burke — Wed, 23 Feb 2022 15:00:00 -0500

Bill Noble and Burke Koonce of Trust Company of the South are joined by mergers and acquisitions experts Amy Risseeuw of Wyrick Robbins and Charles Shook of Trestle Capital for a discussion of the current M&A landscape for small business owners.

Trust Company Talks with Guests Nick Puleo and Jack Nicholson of Dimensional Funds

Burke — Tue, 04 Jan 2022 17:00:00 -0500

Bill Noble and Burke Koonce of Trust Company of the South are joined by their good friends Nick Puleo and Jack Nicholson of Dimensional Funds.

Trust Company Talks with Guests Leland Little and Lauren Sanford of Leland Little Auctions

Burke — Mon, 13 Sep 2021 18:00:00 -0400

Bill Noble and Burke Koonce of Trust Company of the South are joined by their friends Leland Little and Lauren Sanford of Leland Little Auctions.