The story: A New York physician found Terra Firma online and spoke on his first call about how he felt like “just a number” to his financial advisor, and that the only time he received attention was when the advisor sensed he could sell the member a product.
He’d been doing his own research for months and was confused by the right path to take. When we told him we understood his frustration, and that most people we talk to say that their CPA hasn’t been able to help them when it comes to actually saving on taxes, he said “you nailed it.”
Tax Situation Overview:
Annual income: $680,000
Lifestyle expense: $240,000
Cash flow recovery number: $440,000
Initial effective tax rate: 25%
Annual tax savings: $90,000
The outcome: The member was thrilled to work with Bob on every step, from creating his LLC to funding his plan to learning more about alternative assets. He said, “It feels so good to finally have a plan.”
