The power of combining tax knowledge with financial planning

Featuring Lisa Featherngill, CPA/PFS, and Brooke Salvini, CPA/PFS


Video transcript:

Lisa Featherngill, CPA/PFS
Managing Director – Wealth Planning, Abbot Downing

Clients value me being a CPA planner because they know that I have got the background of a CPA and they know that I can address the income tax issues that will come up as we are discussing various aspects of their financial planning.

I have been able to impact clients beyond the traditional areas of tax, particularly in the estate planning arena.

The skills that I developed as a CPA around income tax, estate tax, generation-skipping tax have all led me to be able to be a much more effective planner.

Brooke Salvini, CPA/PFS
Principal, Salvini Financial Planning

They are looking for a CPA and so that implies that they are looking for a little extra technical knowledge in the tax area. You know, most financial services professionals, that’s not their background; they have probably come from somewhere else.  

So I think more and more clients are sophisticated, and they realize how important tax planning is to their overall financial health.

For more information on personal financial planning, visit aicpa.org/pfp

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