Retirement Tax Services Podcast

This week, Steven Jarvis, CPA, and Matthew Jarvis, CFP®, delve into the world of mergers and acquisitions (M&A), examining the role of audits, the intricacies of EBITDA, and the potential red flags that can emerge during the due diligence process. Steven emphasizes the importance of financial advisors maintaining clean books and being transparent about their financials, as this can significantly impact the valuation of their practice during a sale. The conversation also touches on the buyer’s perspective, the consequences of misleading information, and best practices for running a business effectively. https://zurl.co/CBQ5y

This week, Steven is joined by Steven Lee, an educator and expert witness with an extensive background in the financial services world. They discuss why advisors need to focus on quality client outcomes instead of just clever marketing and why someone might call an expert witness when those lines get blurred. Steven and Steven share some of their favorite analogies for explaining tax concepts and the importance of prioritizing effective communication with clients, especially on tax topics. https://zurl.co/MVWsS

Join Shelby Nicholl, founder of Muriel Consulting, as she helps financial advisors navigate the pivotal question of whether to stay or leave their current firm. Shelby emphasizes that tax considerations are just one piece of the puzzle in firm structure decisions. She introduces valuable strategies for proactive tax planning and the necessity of a self-assessment 'fit test.' Listeners will gain insights into taking ownership of their careers and the importance of networking, especially with the upcoming 2025 Summit on the horizon.

Hillary Gale, founder of Moneta Copy, specializes in marketing for financial advisors. She shares insights on leveraging tax topics to attract new clients. The conversation covers crafting compelling lead magnets that resonate with potential clients, emphasizing simplicity and clarity. Hillary also discusses the power of strategic email marketing in nurturing client relationships, particularly through effective welcome emails. Lastly, she highlights the importance of collecting tax returns to better understand client needs and enhance personalized financial advice.

We are all about consistently applying the simple things over time, but that doesn't stop clients from asking, "What else"? In this episode, Steven is joined by Steve Blackwell, CEO of Invito Energy Partners, who shares his experience and expertise in the oil and gas industry and the investment and tax planning opportunities that the industry presents. This discussion is a combination of technical learning on an important topic, along with the ever-important piece: "How do I explain this to a client?" Listen to the end as Steve provides opportunities to learn more and get resources on this important topic. https://zurl.co/0k473

In this discussion, Brian Smith from Foundational Income Associates unpacks the complexities of annuities as their popularity skyrockets. He breaks down crucial terms and explains the tax implications of both qualified and non-qualified annuities. The conversation dives into vital considerations for retirement planning and highlights the importance of aligning annuities with clients’ financial goals. Listeners can also learn about the potential pitfalls of surrender charges and the benefits of guaranteed income options to enhance long-term financial strategies.

In this discussion, Russell Kroeger, Founder and CEO of Trayecto, shares his expertise as a financial advisor and tax professional. He dives into the complexities of equity compensation, emphasizing the importance of understanding tax implications for various types. Russell reveals common pitfalls that lead to clients facing hefty tax burdens and stresses the need for clear communication between advisors and clients. He also discusses valuable resources for navigating these challenges and offers strategies to optimize tax outcomes for those receiving equity-based compensation.

In this episode, Steven is joined by the CEO of Altruist, Jason Wenk, to talk about a reporting issue that happened at multiple custodians this last tax filing season. Jason openly shares what happened, how it happened, how Altruist responded, and shares a little insight along the way of what it's like to build a tech-forward custodian platform. This episode is a must listen as Jason gives an incredible example of how to be a leader in spite of challenges and shares some of the exciting things that Altruist has in store in the future. Be sure and listen to the full episode and be ready to take notes as Jason shares clear action steps any leader can take when faced with challenges. https://zurl.co/5iyi5

This week, Steven is joined by George Stefanou to talk tax planning and book writing. George is part of a growing group of advisors who have written books around financial planning to build credibility and to bolster their marketing. George shares the process he went through to become a published author and the reason tax planning features so heavily in that book, even though he is not a CPA or Enrolled Agent. Check out George's LinkedIn profile and his background so you can finally let go of any notion that compliance has to be a limiting factor. https://zurl.co/BmsPS

In this episode, Steven tackles a common question from Financial Advisors when tax planning comes up: "How do I find the time to get the work done?" Joining Steven for this discussion is Lloyd Ross, an entrepreneur and author of "Become Time Rich". Steven and Lloyd discuss the realities of their being limited time, but that some people are simply able to get more done in that time. Lloyd shares from his experience and his upcoming book to give listeners a framework for how to take action and take back their time. https://zurl.co/7OWtt