The best bang for your investment advice buck is a financial advisor and (any kind of) tax professional collaborating!
The best advisors routinely pull the CPA into the conversation to confirm the tax rationale on their advice. Recently, I had a client moving from one state to another, dealing with deferred comp and charitable giving all at one time. These multiple moving parts each would have an impact on the current year’s tax returns. We set up a three-way call with the accountant and went through some scenario analysis in real time using his accounting software. From that we had much greater insight into the effect of several moves.
About Michael Ross
Michael Ross is a 30+ year veteran financial advisor. After 30 years with Morgan Stanley, he is now an independent financial advisor who specializes in helping business owners exit their businesses and move to the next phase of their lives.