Monthly Archives: January 2025

Empowering Financial Advisors: Strategic Tax Planning with Catherine Tindall Ep. 72

Advisor, Education, Finance, Financial, Uncategorized, , , , , , , , , , , , , , , , ,

In this episode Duncan sits down with Catherine Tindall, CPA and founder of Dominion Enterprise Services. Catherine specializes in tax optimization strategies for financial advisors, offering insights into minimizing tax burdens, enhancing practice efficiency, and unlocking enterprise value.

Key takeaways from this conversation include:

  • Tax Efficiency as a Strategic Lever: How optimizing your tax approach can save tens of thousands annually and compound into long-term benefits.
  • Proactive vs. Reactive Tax Planning: Why a forward-thinking strategy outperforms traditional compliance-based approaches.
  • Preparing for Exit: Steps to maximize enterprise value through tidying, optimizing, and proprietary processes.
  • The Power of Niching Down: Catherine’s experience building a CPA firm exclusively for financial professionals.
  • Embracing AI: Practical applications of AI tools to enhance efficiency in financial practices.

Catherine also shares actionable advice for advisors on addressing opportunity leakages, structuring practices for growth, and collaborating with strategic partners like CPAs. This episode is packed with valuable insights for financial professionals looking to future-proof their practices.

Resources:

Connect With Duncan MacPherson:

Connect with Catherine Tindall:

About Our Guest

Catherine Tindall, CPA, is a strategic tax planner and founder at Dominion Enterprise Services, a CPA firm, specializing in optimizing tax strategies for RIAs (Registered Investment Advisors), IBDs (Independent Broker-Dealers), and 1099 financial advisors with annual revenues between $500k and $10M. Passionate about leading with proactive tax planning, Catherine focuses on collaborating with advisors to reduce their tax burden and strategically plan for growth.

Catherine also hosts the “Financial Advisors Want to Know Podcast,” (link above) where she shares insights and brings practice experts to discuss sustainably growing advisory firms.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

Bridging Wealth and Legacy: Preparing the Next Generation with Dr. Karen Weisgerber (Ep. 71)

Advisor, Education, Finance, Financial, Uncategorized, , , , , , , , , , , , , , , ,

In this episode, Duncan MacPherson sits down with Dr. Karen Weisgerber, a seasoned expert with over 30 years of experience in wealth creation and inheritance. As a faculty member of the Institute for Preparing Heirs and a thought leader in wealth transfer and philanthropy, Dr. Weisgerber dives into the most pressing concerns facing affluent families today.

Key discussion points include:

  1. How financial professionals can integrate legacy planning into their deliverables.
  2. Strategies for effectively communicating wealth transfer processes to clients.
  3. Practical insights for advisors to apply both professionally and personally.

Dr. Weisgerber’s extensive academic background, including a PhD and a postdoctoral fellowship in neuropsychology affiliated with Harvard University, lends unique depth to the conversation. This episode is a must-listen for financial advisors aiming to address the nuanced needs of wealth creators and their heirs.

Resources:

Connect With Duncan MacPherson:

Connect with Dr. Karen Weisgerber:

About Our Guest

Karen Weisgerber completed her Ph.D. at Boston College. She furthered her education under the auspices of Harvard Medical School with both a pre- and post-doctoral clinical internship at the Beth Israel Hospital, followed by a postdoctoral internship in neuropsychology at Cambridge Hospital. Subsequent to studies in psychoanalysis at the Psychoanalytic Institute of New England, Karen rounded her educational endeavors with a certificate in Leadership and Performance coaching through Brown University’s School of Professional Studies. As a licensed psychologist, she has provided therapy and consultation through her private practice for over 30 years.

Karen enhanced her research and interview experience as a Senior Advisor at the Boston Center on Wealth and Philanthropy. She was an active participant in the Family Wealth Impact Project, which investigated the risk factors of inherited wealth. She was also the principal interviewer for a Wisdom and Wealth project researching the field of wealth advising, funded by the Templeton Foundation.

As an Integrative Family Wealth Consultant at Cambium Consulting, she engages individuals, couples, and families around the multi-faceted issues that present themselves with having significant resources, as well as concerns that arise with the distribution of wealth among siblings and across generations. She also provides her expertise to financial and legal professionals seeking to deepen the services they offer through speaking engagements, workshops, and other industry events.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More