Cornerstone Unplugged Podcast Cornerstone Independent Asset Management

Kevin Karpuk is the Chief Investment Officer (CIO) at Cornerstone Advisors Asset Management, a financial consulting firm. He is involved with Cornerstone’s Investment Policy and Strategic Planning Committee, specializing in asset allocation studies and client relationship management. Having led the responsibility for Cornerstone’s fixed income and alternative investments, Kevin also manages client portfolios and research. He supports many charitable causes and has established a donor-advised fund for philanthropic purposes.
In this episode… The CDC declared the end of the COVID-19 pandemic in May 2023, but the economy continues to feel its effects. With high inflation rates, a banking crisis, and political turmoil, it is uncertain whether the financial market will rebound before the end of the year.
In this episode of Cornerstone Unplugged, JP Cavaliere interviews Kevin Karpuk, Cornerstone's CIO, for a mid-year update on the current financial market. Kevin discusses how the latest banking crisis affects Millennials and Generation Z, the long-term effects of the pandemic on the global economy, and inflation rates.

Pasquale Cardone II is the Founder and CIO of PC2 Capital, a private investment firm that invests across both fixed-income and equity securities in the commercial real estate sector. With over 20 years of experience in the financial industry, he’s worked as a commercial mortgage-backed security (CMBS) trader completing over $10 billion in transactions in less than four years at Citigroup Global Markets. Pasquale held a similar role at Wells Fargo Securities and was a research analyst and global bond portfolio manager at AllianceBernstein, where he was responsible for over $6 billion in global bond multi-sector portfolios. 
In this episode… The recent bank failures in March of 2023 has slowly shifted the spotlight on the commerical mortgage sector and the possibility of it being the next "issue" for investors to navigate.  How has the FED tightening of interest rates and the stubborn vacancies within office spaces in larger metropolitan areas effected commerical mortgage-backed securities?
In this episode of Cornerstone Unplugged, JP Cavaliere interviews Pasquale Cardone II, Founder and CIO of PC2 Capital. Pasquale shares insights on the current state of the commercial mortgage-backed securities (CMBS) market, how it has been affected by the pandemic, and the FED response to higher inflation.  He also reveals some of the strenghts and weaknesses he sees in the CMBS space and commerical mortgage sector as a whole.

Avery Coleman is an Investment Analyst at Cornerstone Advisors Asset Management, LLC. His duties include manager due diligence, performance reporting, portfolio management, and asset allocation. In 2015, Avery graduated from the Shippensburg University of Pennsylvania with a bachelor’s degree in business administration.
Angela Oste is the Director of Planned Giving at Cornerstone Advisors Asset Management, LLC. As the point of contact for not-for-profit clients, she is responsible for gift design, processing new and terminated gifts, and reporting annual donations, liabilities, and valuations. Angela’s role helps clients develop marketing and educational campaigns geared to increase donor participation. Angela also serves as the Life Insurance Operations Manager for Cornerstone Institutional Investors, LLC where she assists producers in designing and implementing insurance plans for clients.
In this episode… Contrary to the standard for-profit business model that benefits its owners, nonprofits exist because of generous people who offer charitable donations. To receive philanthropic gifts from donors, implementing giving strategies is necessary. What can nonprofit organizations do to encourage donors to continue their contributions? 
Leaders of nonprofits acknowledge their donors are the heartbeat of the organization. Relying on charitable gifts keeps your organization's mission moving forward — and you want those donations to continue regularly. A CGA (Charitable Gift Annuity) is a strategic initiative that encourages a recurring donation with the donor benefiting from tax-free income upon retirement. Beneficial for both the organization and the giver, CGAs encourage generosity and a way for donors to participate in the missions they believe in. 
In this episode of Cornerstone Unplugged, JP Cavaliere invites Avery Coleman, an Investment Analyst at Cornerstone Advisors Asset Management, LLC, and Angela Oste, the Director of Planned Giving at Cornerstone Advisors Asset Management, LLC, to discuss the benefits and stipulations associated with CGAs, how CGA rates are determined, and restrictions on CGA allocated funds. Angela explains what the process looks like for nonprofits who have donors wanting to set up a CGA. 

Ryan Wood is the Principal and Senior Investment Analyst at Cornerstone Independent Asset Management. Since joining the firm in 2002, he has become a member of Cornerstone’s Lead Team and the Investment Policy and Strategic Planning Committees. Ryan holds the Chartered Financial Analyst (CFA) designation. 
In this episode… Where and when you invest your money can feel like a gamble. Researching the climate of the capital market is crucial to the success of your investments. With the completion of the first quarter, what trends have been established in the market, and how can you plan accordingly for the remainder of 2023?
The first quarter yielded unexpected developments in capital markets. While percentage rates fluctuate, we are still combating inflation rates and the consequences of bank collapses — not to mention predictions of a looming recession. As we continue into the second quarter, Ryan Wood encourages investors to hold on to their long-term plans because markets will recover.
In this episode of Cornerstone Unplugged, JP Cavaliere sits down with Ryan Wood, Principal and Senior Investment Analyst at Cornerstone Independent Asset Management, to discuss how capital markets have been affected in the first quarter of the year. Ryan shares his thoughts on the rate changes, how banking operations have adjusted, and what investors should focus on moving forward.

Sara Lakatosh is a committee chair member of Good Shepherd Rehabilitation Hospital’s Gala in the Garden, a fundraising event for pediatric rehabilitation care. She is the Co-owner of Full Circle Training Family Fitness, LLC (FCTfit), providing a positive environment for people of all physical and athletic abilities. Sara resides in Allentown, PA, where she taught for nearly a decade. She graduated from West Chester University and earned her master’s in education from Wilkes University. 
Chris Lakatosh is a committee chair member of Good Shepherd Rehabilitation Hospital’s Gala in the Garden. Chris has over 15 years of industry experience delivering high-quality consulting capabilities in private wealth, institutional assets, retirement plans, and insurance portfolios. He is a Principal and Senior Consultant at Cornerstone Advisors Asset Management. Chris is a member of Cornerstone's executive commitee, a voting member of the Investment Policy Committee, and assists the marketing team in business development. 
In this episode… How can you support children and families during difficult times due to medical complexities? What can you do as a business owner to contribute to your community?
Babies, children, and families have turned to Good Shepherd Rehabilitation for their complex medical needs. Sara and Chris Lakatosh have deep roots in Good Shepherd and are dedicated to bringing the powerful message of how Good Shepherd helps people recover through pediatric research. Through the community-driven fundraiser event, Gala in the Garden, families and incredible stories highlight how rehabilitation can improve lives.
In this episode of Cornerstone Unplugged, JP Cavaliere sits down with Sara and Chris Lakatosh, committee chair members of Good Shepherd Rehabilitation Hospital’s Gala in the Garden, to discuss the unique details of the event. Sara and Chris talk about the positive work at Good Shepherd, providing family support, and supporting through fundraising.

Amy Cavaliere is an Experienced Tax Paraprofessional at BDO USA, LLP. She is a certified CPR and AED instructor, an advocate for the American Heart Association, and was chosen to be an ambassador for the American Heart Association’s Go Red for Women campaign in 2022. Amy served as a Member of the Executive Leadership Team for the Richie Ashburn Home Runs for Heart and an Executive Challenge Member for the Heart Walk with the American Heart Association.
In this episode… After a medical trauma, it can be difficult to understand your body again. Being prepared for an emergency can be the difference between life and death. What steps can you take to be prepared in the event of an emergency?
When Amy Cavaliere suffered a SCAD (spontaneous coronary artery dissection) emergency, she became aware of how important learning life-saving techniques are. Experiencing this event changed her perspective on how to listen and trust her body. Every minute that passes when in cardiac arrest, without administered CPR, decreases the survival rate. Knowing how to properly and safely administer CPR can save someone’s life. 
In this episode of Cornerstone Unplugged, JP Cavaliere sits down with Amy Cavaliere, an Experienced Tax Paraprofessional at BDO USA, LLP, to discuss how CPR and AED training can save lives. Amy talks about experiencing cardiac arrest, being an advocate for heart health, and why you should learn hands-on CPR.