“My current advisor doesn’t talk about tax planning.” This is one of the biggest concerns we get from people who are looking to work with us. The reason is that we take a tax-smart focus in our financial planning. All the decisions we make are based on tax planning. It’s the foundation of what we do. Unfortunately, most financial planners do not take that approach.
Many financial planners only manage investments, and if you ask them if they can help you with tax planning, they will tell you to see your CPA. I disagree with that approach. Here, I’ll explain why I believe most financial planners do not talk about tax planning and then give you some tips on how to ensure you’re getting the right type of help.
