About
Two partners, one plan, and the tax work in the room.
We do one trade. Everything below is what that buys you and where the limits are.
Two partners, and the tax work stays in the room.
Steve spent eighteen years trading NASDAQ and then NYSE stock before moving into planning in 2013. David has spent close to two decades working with retirees and people approaching retirement. Between them they hold the CFP, ChFC, CRPC and TPCP designations, and both are Series 7 and 66 licensed through LPL Financial.
The one that matters most here is the TPCP. Tax planning is the part of this work most advisors refer out, which is how it ends up happening after the decisions rather than before them. Steve is the only CFP, ChFC, CRPC and TPCP at the firm, and the tax conversation happens at the same table as the portfolio.
BW Tax Strategies- Firm
- Fiduciary wealth management
- Area
- Scottsdale and the greater Phoenix valley
- Hours
- Monday to Friday, 9am to 5pm
- Registration
- LPL Financial · FINRA & SIPC
How we are different
Four commitments, in writing.
Client's interests first
We will always put our client's interests first. A fiduciary is legally obligated to act solely in the client's best interest, not the investment firm's.
Prudence
We will act with prudence; that is, with the skill, care, diligence, and good judgment of a professional.
Full and fair disclosure
We will not mislead clients, and will provide conspicuous, full and fair disclosure of all important facts.
Conflicts, managed in your favour
We will fully disclose and fairly manage, in our client's favor, any unavoidable conflicts.
How the work runs
Five steps, and you always know which one you are on.
- Step 1
Discovery
We look at where you actually are.
We start with your recent returns, your income sources, and how each of your accounts is taxed today — taxable, tax-deferred, tax-free. Not what the plan was supposed to be. What it is right now.
- Step 2
The three buckets
We sort what you have by how it is taxed.
Taxable money is invested with after-tax dollars and you pay on interest, dividends and gains. Tax-deferred lowers your taxable income now and is taxed as ordinary income later. Tax-free is invested with after-tax dollars, grows deferred, and comes out untaxed. Most people have never seen their own split.
- Step 3
The strategy
We write the plan, forward from here.
Bracket management, conversion timing, IRMAA thresholds, entity and compensation choices for owners, cost segregation for real estate. Each piece is chosen against the others, because the expensive mistakes almost always happen where two decisions meet.
- Step 4
Filing
We prepare the return the plan intended.
The same advisor who built the strategy prepares the return, so nothing gets filed that undoes it — and if the IRS is already involved, the resolution runs on the same desk.
- Step 5
Ongoing
We stay in it, because the code and your life both change.
Tax law moves, and so do you — a sale, a move, a new property, a change in income. With regular review the plan adjusts before the year closes rather than after, which is the only time changing it is worth anything.
This is an unaffiliated design concept, built to demonstrate a redesign of the BW Tax Strategies website. It was not commissioned by, endorsed by, or produced in partnership with BW Tax Strategies, BW Wealth Management or LPL Financial. All firm information, biography and testimonials shown here were taken from the firm's own public website and are reproduced for demonstration only.
Next step
Start with a conversation, not a pitch.
An initial conversation, at no cost and no obligation. We look at what you have and how it is currently taxed before anyone recommends moving anything.
Scottsdale and the greater Phoenix valley · Monday to Friday, 9am to 5pm