Management and Taxes - Financial Advisor Source

#FASuccess Ep 421: Integrating Tax Preparation Without Hiring In-House CPAs To Bring More Tax-Focused Value, With Daniel Friedman

Nerd's Eye View

JANUARY 21, 2025

Daniel is the CEO of WMGNA, a hybrid advisory firm based in Farmington, Connecticut, that oversees approximately $270 million in assets under management for 200 client households.

Taxes

Taxes Tax Planning Financial Advisor Compensation Planning

Recent Tax Court Decision A Good Reminder of Qualified Appraisal Exception

Wealth Management

MAY 21, 2025

Tax Court case in which a taxpayer's charitable deduction was allowed despite an unqualified appraisal. A summary of a recent U.S.

Taxes

Morningstar: Assets in Tax-Managed SMAs Now Total Over $500B

Wealth Management

OCTOBER 17, 2024

The amount of assets in tax-managed SMAs has jumped 67% from year-end 2022.

Assets

Assets Taxes Management

Webinars

Data Talks, CFOs Listen: Why Analytics Are Key To Better Spend Management

Live Demo - Supercharge your Month End Close

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How Financial Advisors Can Navigate Cross-Border Tax Challenges in 2025

Wealth Management

MAY 19, 2025

Learn how to protect clients from tax penalties and missed opportunities as international business travel increases. Maximize portfolio performance across borders.

Taxes

Taxes Financial Advisor Portfolio Clients

The CPA Firm Growth Strategy: From Compliance to Consulting

Speaker: Rita Keller - President of Keller Advisors, LLC

You've worked diligently and have built a glowing reputation grounded in your excellent skills in tax, accounting, and auditing. You're known as the “go-to” person when a client is faced with tax and financial decisions. You have a very successful firm -- but that’s not enough. For others, it will be a significant challenge.

Consulting

Former Florida Advisor Gets 8 Years, Owes $37M for Tax Shelter Scheme

Wealth Management

MAY 15, 2025

Florida-based Stephen Mellinger helped clients prepare tax returns that bilked the IRS of $37 million and earned him and co-conspirators about $3 million in fees and stolen funds.

Taxes

Taxes Clients

It’s Time for a Tax-First Approach to Wealth Management

Wealth Management

SEPTEMBER 20, 2024

The next frontier for tax optimization goes beyond tax-loss harvesting.

Wealth Management

Wealth Management Taxes Management

Tax Law Update: June 2025

Wealth Management

MAY 19, 2025

The most pressing tax law developments of the past month.

Taxes

Using Section 351 Exchanges To Tax-Efficiently Reallocate Portfolios With Embedded Gains

Nerd's Eye View

MARCH 12, 2025

While the gains signal portfolio growth, they also create challenges for ongoing management. Once a portfolio becomes 'locked up', i.e., unable to be managed without triggering capital gains, investors' options become limited. If the exchange meets the requirements of Section 351, it is tax-deferred for investors.

Taxes

Taxes Portfolio Asset Allocation Assets

The Data on Active Large Cap Underperformance

The Big Picture

MAY 29, 2025

RWM works with clients by constructing a long-term financial plan, marrying it to an appropriate level of risk in a broadly diversified portfolio built around a core index, and then applying the best technology we can find to generate net after-tax returns with modest risk and volatility.

Portfolio

Portfolio Financial Planning Taxes Management

At the Money: Meb Faber on Tax Aware ETFs

The Big Picture

DECEMBER 4, 2024

Would you like to diversify but also defer paying big capital gains taxes? Full transcript below. ~~~ About this week’s guest: Meb Faber is co-Founder and CIO at Cambria Investment Management, as well as research firm Idea Farm. The fund runs 15 ETFs and manages nearly 3 billion in assets. None of these solutions are optimal.

Taxes

Taxes Portfolio Accounting Management

Expatriation, Taxes and Estate Planning

Wealth Management

MAY 19, 2025

Decoding covered gifts and bequests under the final regulations.

Estate Planning

Estate Planning Taxes Planning

Goldman Sachs Adds ‘ETF Look Through’ to Direct Indexing Strategy

Wealth Management

MAY 29, 2025

Goldman Sachs Asset Management introduces a new feature for its Tax-Advantaged Core Strategies, allowing active monitoring of ETF underlying holdings for RIAs.

Taxes

Taxes Assets Management

2025 IRS Contribution Limits For IRAs, 401(k)s & Tax Brackets

Darrow Wealth Management

NOVEMBER 2, 2024

The IRA and Roth IRA contribution limits are unchanged but income eligibility for tax-deductible IRA contributions and Roth IRA contributions have changed. The 2025 income tax brackets and long-term capital gains tax rates are also updated. The 2025 income tax brackets and long-term capital gains tax rates are also updated.

Taxes

Taxes Wealth Management Distribution Accounting

Tepp Wealth Management: Approaching The Tech Stack From A Tax-Smart Perspective

Wealth Management

JUNE 21, 2024

David Tepp, founder and CEO of Tepp Wealth Management, discusses how he uses his CPA background to center financial planning for clients of his $130 million AUM firm.

Wealth Management

Wealth Management Management Financial Planning Taxes

Tax Law Changes: Best Asset Classes, Strategies, and Tax Loss Harvesting Tips

Wealth Management

NOVEMBER 7, 2024

Nisha Patel, CFA, managing director at Parametric, explores tax law changes, strategies, and tax-loss harvesting to maximize savings.

Taxes

Taxes Assets Management

GOP Budget Bill Signals Wealth Taxes Increasingly on the Table

Wealth Management

MAY 28, 2025

As Republicans debate a path forward for their sweeping budget bill, its become increasingly clear the GOP is growing comfortable with targeted tax hikes on the wealthy.

Budgeting

Budgeting Taxes

Don’t Fall into the Tax-Deferment Trap

Wealth Management

NOVEMBER 4, 2024

A single-minded strategy of tax avoidance is often not in a client’s best interest.

Taxes

SEI To Acquire Tax Optimization Software Provider LifeYield

Wealth Management

DECEMBER 11, 2024

The deal will help SEI provide tax optimization unified managed household capabilities across the SEI Wealth Platform.

Taxes

Taxes Management

A 3-Step Sales Process To Clearly Demonstrate Financial Planning Value To Prospects

Nerd's Eye View

NOVEMBER 25, 2024

Over the past decade, a growing number of advisors have expanded into offering comprehensive financial planning services, reflecting a shift that not only helps them stand out from (increasingly commoditized) portfolio management offerings but also supports clients' broader financial goals.

Financial Planning

Financial Planning Sales Planning Retirement

The Billionaires Income Tax Act and the Moore Case

Wealth Management

JANUARY 11, 2024

The ongoing case before the Supreme Court, which questions the constitutionality of taxing unrealized capital gains, holds significant implications for the future of wealth management.

Taxes

Taxes Wealth Management Management

#FASuccess Ep 412: 3X’ing The Business With No More Than 50 Great Clients By Hyperfocusing On Who You Can Add The Most Value For, With Anjali Jariwala

Nerd's Eye View

NOVEMBER 19, 2024

Anjali is the Founder of FIT Advisors, an RIA based in Torrance, California (but works virtually with clients nationwide) and oversees $65 million in assets under management for 45 client households. Read More.

Clients

Clients Financial Advisor Business Planning Taxes

Can U.S. Foreign Tax Credits Offset the Net Investment Income Tax?

Wealth Management

JANUARY 15, 2025

foreign tax credits offsetting the net investment income tax. Three recent court cases have examined this issue of U.S.

Taxes

Taxes Investments Investing

RIA Edge Podcast: Helium Advisors' Tax-Optimized Approach to Building Wealth

Wealth Management

JULY 23, 2024

Helium founder and partner Howard Morin explains the benefits of bridging financial planning with deep tax expertise.

Taxes

Taxes Financial Planning Planning

Personal finance links: mistake management

Abnormal Returns

SEPTEMBER 18, 2024

thefinancialbodyguard.com) There is a danger in jumping the gun on estate tax law changes. (crr.bc.edu) Personal finance Tony Isola, "Compound interest is apolitical." tonyisola.com) Investing shouldn't be exciting. wsj.com) How the IRS treats withholdings from RMDs. financialducksinarow.com) How Americans become 401(k) millionaires.

Management

Management Retirement Taxes Planning

Live from Heckerling: 2023 Estate and Tax Planning Developments

Wealth Management

JANUARY 8, 2024

What were the significant tax and non-tax issues of last year? Speakers at Heckerling discuss tax planning, estate planning and philanthropy cases.

Tax Planning

Tax Planning Taxes Planning Estate Planning

FP Alpha Launches Tax Services As Standalone Product

Wealth Management

JANUARY 14, 2025

FP Alpha is unbundling its tax service from its larger offering. FP Alpha TAX is essential, as clients increasingly want tax help, according to Andrew Altfest.

Taxes

Taxes Clients

Holistiplan Launches Estate Plan Document Extraction Tool (And More Of The Latest In Financial #AdvisorTech – November 2024)

Nerd's Eye View

NOVEMBER 4, 2024

This month's edition kicks off with the news that Holistiplan has announced the rollout of a new estate plan document extraction tool to stand alongside its highly popular tax return scanning tool – which highlights how advances in AI technology have allowed tools like Holistiplan to go beyond tax returns and scan nearly any kind of document (..)

Estate Planning

Estate Planning Planning Communication Clients

Reporting 2023 Charitable Contributions for Income Taxes

Wealth Management

FEBRUARY 26, 2024

As donors and their tax advisors report 2023 charitable gifts, they should ensure compliance with the substantiation requirements to avoid questions about, and possible disallowance of, their charitable deductions.

Taxes

Taxes Compliance

6 Ways to Manage Concentrated Stock Positions

Darrow Wealth Management

MARCH 13, 2025

So if you have a large portion of your wealth tied to a single stock, here are six options to manage it. Morgan Private Bank) 6 ways to manage a concentrated stock position In no particular order, here are some strategies to reduce the risk of concentrated stock holdings. Outright Sales: Selling stock through market or limit orders.

Management

Management Taxes Estate Planning Asset Allocation

Preparing for the Sunset of the 2017 Tax Reform Act

Wealth Management

JUNE 21, 2024

Some strategic actions and best practices in the wake of the sunsetting of the 2017 Tax Reform and Jobs Act in 2025.

Taxes

Transcript: John Montgomery, Bridgeway Capital Management

The Big Picture

MAY 20, 2025

The transcript from this weeks, MiB: John Montgomery, Bridgeway Capital Management , is below. 00:02:52 [Speaker Changed] Well, the statistical side definitely comes from my degree and then work as a project manager at MIT. First of all, my, some of my co-portfolio managers will bristle if you refer to us as a factor based firm.

Management

Management Numbers Transportation Accounting

J.P. Morgan Asset Management Solutions Names New CIO of Tax Smart Strategies

Wealth Management

APRIL 9, 2024

The new role will partly support 55ip, whose CEO, Paul Gamble, revealed last week that he would step down from that post in September.

Assets

Assets Taxes Management

Adviser links: after-tax returns

Abnormal Returns

AUGUST 26, 2024

youtube.com) Michael Kitces talks with Kelli Kiemle, Managing Director of Growth and Client Experience of Halbert Hargrove, about maintaining culture across a remote firm. kitces.com) Matt Zeigler talks with Eben Burr of Toews Asset Management about his unique path through the industry.

Taxes

Taxes Financial Advising Financial Advice Assets

Setting the Table for Tax Policy This Year and Next

Wealth Management

JANUARY 3, 2024

The 2024 election will play an essential role in determining what is and isn’t on the table for potential 2025 tax reforms.

Taxes

Ask the Experts: Prepare for Possible Sunset of High Estate Tax Exemption

Wealth Management

OCTOBER 4, 2024

The estate and gift tax exemption (set at $13.61 If Congress doesn’t act, that tax exemption will be cut in half to about $6 million. million per individual in 2024) is due to expire on Jan. To help your clients prepare for the real possibil

Taxes

Taxes Clients

22 Top Financial Advisor Podcasts To Listen To In 2025

Nerd's Eye View

JANUARY 20, 2025

Luckily, alongside the increasing popularity of podcasts on a seemingly infinite range of topics, there is a growing ecosystem of podcasts aimed at financial advisors, covering everything from practice management and career development to technical topics, such as investment, tax, and estate planning.

Financial Advisor

Financial Advisor Financial Advice Financial Planner Estate Planning

Tax-Busting Tactic Loved by Tech Millionaires Is Coming to ETFs

Wealth Management

OCTOBER 7, 2024

The Cambria Tax Aware ETF and the Stance Sustainable Beta ETF will each be seeded with the appreciated securities of wealthy investors, who will swap their assets for shares in the funds rather than buy into them with cash.

Taxes

Taxes Assets

Commonwealth Financial Updates Investment Platform, Introduces Outsourced Technology Management

Wealth Management

OCTOBER 16, 2024

New UMA capabilities, personalized indexing, automated tax-loss harvesting and CTO Services announced for 2025 by Commonwealth.

Management

Management Investing Investments Taxes

Carson Launches Tax Strategy With Acquisition of $385M RIA

Wealth Management

JANUARY 13, 2025

will lead Carson's new tax strategy. Debbie Taylor, who runs the 10-person Taylor Financial in Franklin Lakes, N.J.,

Taxes

Weekend Reading For Financial Planners (February 1–2)

Nerd's Eye View

JANUARY 31, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that following the change of administration (and a new incoming chair of the SEC), the Investment Adviser Association is seeking to find ways to help RIAs (particularly smaller firms) manage the compliance responsibilities they (..)

Financial Planner

Financial Planner Retirement Planning Compliance Valuation

Utilizing Swap Powers In Irrevocable Trusts To Add Flexibility And Income Tax Efficiency

Nerd's Eye View

AUGUST 21, 2024

Irrevocable trusts lie at the heart of a variety of estate planning strategies, as gifts to irrevocable trusts can allow for the transfer of assets outside of an owner’s estate for estate tax purposes with more structure than an outright gift. the assets' original owner).

Taxes

Taxes Wealth Advisor Estate Planning Assets

Steps Advisors Can Take Before Tax laws Change

Wealth Management

NOVEMBER 6, 2024

Smith, executive director with Eaton Vance, discusses tax law changes in 2026 and emphasizes the importance of proactive tax planning for investors.

Taxes

Taxes Tax Planning Planning

Allworth Boosts Tax Services with Acquisition of Bay Area CPA Firm

Wealth Management

NOVEMBER 19, 2024

Allworth adds 25 tax professionals with its purchase of CCA, a CPA firm in Pleasant Hill, Calif.

Taxes

#FASuccess Ep 421: Integrating Tax Preparation Without Hiring In-House CPAs To Bring More Tax-Focused Value, With Daniel Friedman

Recent Tax Court Decision A Good Reminder of Qualified Appraisal Exception

Webinars

Trending Sources

Morningstar: Assets in Tax-Managed SMAs Now Total Over $500B

Webinars

How Financial Advisors Can Navigate Cross-Border Tax Challenges in 2025

The CPA Firm Growth Strategy: From Compliance to Consulting

Former Florida Advisor Gets 8 Years, Owes $37M for Tax Shelter Scheme

It’s Time for a Tax-First Approach to Wealth Management

Tax Law Update: June 2025

Using Section 351 Exchanges To Tax-Efficiently Reallocate Portfolios With Embedded Gains

The Data on Active Large Cap Underperformance

At the Money: Meb Faber on Tax Aware ETFs

Expatriation, Taxes and Estate Planning

Goldman Sachs Adds ‘ETF Look Through’ to Direct Indexing Strategy

2025 IRS Contribution Limits For IRAs, 401(k)s & Tax Brackets

Tepp Wealth Management: Approaching The Tech Stack From A Tax-Smart Perspective

Tax Law Changes: Best Asset Classes, Strategies, and Tax Loss Harvesting Tips

GOP Budget Bill Signals Wealth Taxes Increasingly on the Table

Don’t Fall into the Tax-Deferment Trap

SEI To Acquire Tax Optimization Software Provider LifeYield

A 3-Step Sales Process To Clearly Demonstrate Financial Planning Value To Prospects

The Billionaires Income Tax Act and the Moore Case

#FASuccess Ep 412: 3X’ing The Business With No More Than 50 Great Clients By Hyperfocusing On Who You Can Add The Most Value For, With Anjali Jariwala

Can U.S. Foreign Tax Credits Offset the Net Investment Income Tax?

RIA Edge Podcast: Helium Advisors' Tax-Optimized Approach to Building Wealth

Personal finance links: mistake management

Live from Heckerling: 2023 Estate and Tax Planning Developments

FP Alpha Launches Tax Services As Standalone Product

Holistiplan Launches Estate Plan Document Extraction Tool (And More Of The Latest In Financial #AdvisorTech – November 2024)

Reporting 2023 Charitable Contributions for Income Taxes

6 Ways to Manage Concentrated Stock Positions

Preparing for the Sunset of the 2017 Tax Reform Act

Transcript: John Montgomery, Bridgeway Capital Management

J.P. Morgan Asset Management Solutions Names New CIO of Tax Smart Strategies

Adviser links: after-tax returns

Setting the Table for Tax Policy This Year and Next

Ask the Experts: Prepare for Possible Sunset of High Estate Tax Exemption

22 Top Financial Advisor Podcasts To Listen To In 2025

Tax-Busting Tactic Loved by Tech Millionaires Is Coming to ETFs

Commonwealth Financial Updates Investment Platform, Introduces Outsourced Technology Management

Carson Launches Tax Strategy With Acquisition of $385M RIA

Weekend Reading For Financial Planners (February 1–2)

Utilizing Swap Powers In Irrevocable Trusts To Add Flexibility And Income Tax Efficiency

Steps Advisors Can Take Before Tax laws Change

Allworth Boosts Tax Services with Acquisition of Bay Area CPA Firm

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