Tag: PortfolioPlanning
Making a Clean Break: What You Need to Know About Changing Financial Advisors or CPAs (Ep. 22)

Making a Clean Break: What You Need to Know About Changing Financial Advisors or CPAs (Ep. 22)

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We get it—the decision to change financial advisors or CPAs isn’t an easy one. But if you’re struggling to reach your advisor, don’t see eye-to-eye on risk or investment strategies, or are ready for a deeper level of support, this awkward conversation can be a necessary one. 

In this episode, host Jason and special guest Dave McDougall, CFP® offer simple advice for smoothing out the transition process from one firm to another. From bringing up the conversation with your advisor, to walking out with the right paperwork, if you’re considering making a switch, this timely discussion will help you navigate the “breakup” process—without triggering an unexpected tax bill. 

Listen now to learn:

  • Why the courtesy of a heads-up goes a long way
  • Key questions to ask before you sign with a new advisor
  • How to transfer your funds without locking in capital gains taxes
  • The most important paperwork to request before you leave
  • And more

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2024 Tax Changes: How to Plan Now and Pay Less (Ep. 21)

2024 Tax Changes: How to Plan Now and Pay Less (Ep. 21)

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No one wants to overpay on their taxes. But if you’re not reviewing the biggest annual tax changes with your CPA or tax advisor, and adjusting your savings, contributions, and spending accordingly, you may be leaving significant savings on the table. 

In this episode of Own Your Wealth, host Jason sits down with Zach Carver, CPA, CFP® to review the key tax code changes we’re watching in 2024. From new 401K contribution limits and sunsetting tax cuts, to fewer business expense deductions, this strategic conversation is a can’t-miss for high-earners and business owners. 

Listen now for:

  • What’s changing in 2024
  • How to improve the accuracy of your tax planning—and reduce your year-end payment
  • Tax-smart ways to lower your bill, even after January 1st
  • Why automatic contributions may be costing you
  • And more

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Do You Need a Niche? Chris Hervochon’s Advice for Growth-Minded Business Owners (Ep. 20)

Do You Need a Niche? Chris Hervochon’s Advice for Growth-Minded Business Owners (Ep. 20)

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Niching down—choosing a specialty and focusing your efforts around it—can help a business grow faster, develop better services, and provide greater value to the customers it serves. But for entrepreneurs, the decision to find your niche, and stay committed to it, isn’t always an easy one. 

In this episode of Own Your Wealth, host Jason Deshayes is joined by Chris Hervochon, CPA, CVA, and owner of Better Way CPA, an accounting firm that serves creative agencies. Chris shares his experience with narrowing his focus and how choosing a niche helped his company achieve accelerated growth. 

Whether you own a business—or you’re considering launching one—listen now to learn:

  • Why finding your niche is rewarding, financially and professionally
  • Chris’ own journey to specialization, and the profound impact that decision had on his CPA firm
  • How niching down increases the value of your offering
  • Tips for overcoming the mental barriers that keep entrepreneurs from finding their niche
  • And more

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Growing Your Dental Practice: What They Don’t Teach You in School, With Dr. Jeff Brenner (Ep. 19)

Growing Your Dental Practice: What They Don’t Teach You in School, With Dr. Jeff Brenner (Ep. 19)

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The transition from working for a dental practice to owning your own practice is a complicated one. One day you’re solely focused on serving patients. Then the next, you have a growing team, cash flow, and fully-fledged business to manage—on top of your patient load. As host Jason puts it, “Business ownership is not for the faint of heart, that’s for sure.”

In this episode of Own Your Wealth, host Jason sits down with Dr. Jeff Brenner, the owner of a successful and growing dental practice, and a long-time Cook Wealth advising client. In this behind-the-scenes look at practice ownership, they discuss why many owners struggle with managing cash flow, the value of seeking professional advice, and what they don’t teach you about ownership in dental school. 

Listen now to learn:

  • How Dr. Brenner navigated his transition to ownership
  • Why your practice is only as strong as your team
  • How to effectively manage your revenue throughout changing business cycles
  • The role of professional guidance in decision-making and thriving through change
  • And more

Dr. Jeff Brenner is a current client of Cook Wealth and was not compensated for his participation.

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Cook Wealth Management Group, LLC is a registered investment advisor with the U.S. Securities and Exchange Commission.

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