Core Financial Resources

True wealth is choosing how you spend your time.

Wealth is not about how much money you have, how well you budget, or how you choose to invest. It’s about the ability to control your time. Choosing how to spend your time based on something other than a paycheck is ultimate freedom.

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Investment Management

Clear out the junk draw of investment accounts and strategies. Consolidate into strategies you have confidence in.

REAL Tax Smart Investing

Why do most investment advisors refer you to someone else to find out the tax consequences of their investment decisions? We believe your financial and tax advice should be inseperable.

Retirement Planning

Answer questions like: Do I have enough to work less? Will I run out of money? Which account should my income come from? How do I avoid surprise tax bills?

REAL Tax Smart Investing

Why don’t most investment advisors consider tax when making their recommendations? Suggesting a tax exempt mutual fund not near enough. For real advice you are referred to a tax professional and an attorney expecting you to effectively coordinate all three.

Tax advice should be integrated into any financial plan - not an afterthought. We consider things like:

Today’s tax brackets now versus tomorrow or the next day

Effective use of IRAs, Roths, 401(k)s, SEP IRAs, etc.

Roth Conversions

Asset Location strategies

Charitable gifting strategy

Retirement Planning

Even if complete retirement isn’t one of your goals, as we approach the idea of cutting back (or eliminating) our 9 to 5 work life, many hard to answer questions arise like:

  • Can I afford to work less?
  • Will I run out of money?
  • How do I protect my savings?
  • Which account should my income come from?
  • When do I claim social security?
  • How do I prevent tax surprises?

No plan is perfect. What’s important is having a plan you have confidence in executing.

Investment Management

Most people invest just like they collect things in a junk drawer. They read on the internet or hear a successful friend telling about an amazing opportunity they are pursuing. When it doesn’t pan out quite like we hoped, the leftovers get thrown in the junk drawer with all the other things we tried before.

Financial junk drawers often contain an odd collection of orphaned 401(k)s from old jobs, an IRA or two, maybe an investment account that’s managed by an old college friend, and a trading account at Fidelity or Robinhood. Remembering where it all is or how to access it might be a challenge! Coordination between investments and taxes? Forget about it.

Clean out that junk drawer and get a strategy that works.

Retirement Assessment

Are you on track?

How much money do you need to reach your goals? It's a complicated question and today's market isn't making it any easier. This simple assessment will help you get an idea of what your number is.

Client Successes

Mary decided to buy a house and needed to make a cash offer. She asked us to sell investments to raise the cash. Most advisors would have simply processed her request. We did some analysis, and found that the tax implications of that sale would exceed $30,000—not the kind of surprise anyone wants! But we didn’t stop with just telling her about the problem. We suggested an alternate approach (borrowing against those assets using a short-term loan) that accomplished all of her objectives while avoiding a big tax surprise. An easy win that saved Mary a lot of money!

Mary

Proud owner of a new home

Client Successes

Susan owns a small business and wanted to create a retirement plan for her employees and herself. She researched options such as SEP, SIMPLE IRA, 401(k), and defined benefit plans. Each one had different contribution parameters, administrative requirements, and costs. Confusing! We helped her make sense of it all and choose the best fit for her unique situation.

Susan

Satisfied business owner

Client Successes

Jim has a side-hustle business to keep him busy. He wishes more money could be put into his ROTH accounts annually. With our help, he contributed over $60,000 into tax-free ROTH investments multiple years using the mega-back door ROTH strategy. We love creative (yet legal!) strategies like this, and it’s fun to help our clients use them to grow and protect their wealth.

Jim

Tax-free and lovin' it!

Client Successes

Tim was worried about upcoming required minimum distributions (RMDs) from his IRAs. They would require money to be taken out and taxed, pushing him into a new tax bracket. Not a good thing. We helped Tim take advantage of a market downturn, converting Traditional IRA dollars to ROTH IRA dollars. The move cut his tax rate almost in half, lowered future RMDs, and allowed future growth to be tax-free. Win!

Tim

Roth Conversion enthusiast

Client Successes

Bill owns a small business and decided to open a new retirement account. But he didn’t know which type was best. He was unsure if his selection would support the contribution size he wanted, if he’d have to offer an account to his employees, and if the tax-deferred or tax-free arrangement would be best for him. With the help of a call center advisor and the internet he did the best he could. Unfortunately his choice was not optimal. We fixed it. Sometimes people come with messes, and that’s ok! We’re used to fixing mistakes and cleaning up messes, which is exactly what we did for Bill.

Bill

At peace with his new retirement strategy

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Measuring Financial Strength

Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

Check the background of your financial professional on FINRA's BrokerCheck Avantax affiliated advisors may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state. Securities offered through Avantax Investment Services℠, Member FINRA, SIPC, Investment Advisory services offered through Avantax Advisory Services℠,Insurance services offered through an Avantax affiliated insurance agency. 3200 Olympus Blvd., Suite 100 Dallas, TX 75019 972-870-6000.

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