Driven Wealth Management

09/27/2021

Honored to be recognized as one of the top financial advisors in from Expertise.com

Some great peers to share the recognition with here:

Find and connect with San Diego's best Financial Advisors. Hand picked by an independent editorial team and updated for 2021.

09/15/2021

Haven't done a video in a while. I get asked a lot about small business metrics, so I put together this video explaining seller's discretionary earnings (SDE) and EBITDA. Hopefully helps buyers and sellers!

This video helps provide background information on SDE and EBITDA. These are two critical terms when it comes to buying and selling a small to medium sized b...

12/22/2020

Roth conversions are one of the topics that come up typically towards the end of the year because they can be one of the most powerful wealth building actions you can take; if you fit into the right circumstances.
You won't often hear about this strategy from accountants, as their attention is focused on reducing your taxes every year, rather then long term tax reducing strategies like this.
This strategy of paying taxes now with the hope of paying less taxes later can be very beneficial when planning financials in the long term.
Click the link in our bio to watch a quick video on how to implement this strategy and perhaps save lots of money!
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12/21/2020

As we come to year end, you'll likely hear a lot of advisors (like myself) encouraging you to evaluate Roth Conversions for your financial plan.

This video explains Roth Conversions and why they can be such a powerful wealth building activity, if you fall into the right tax bracket and income trajectory!

Always coordinate with your tax professional. I've been on the phone with a dozen accountants the last few weeks getting the support team on the same page to ensure the strategy makes sense for our clients' situation BEFORE moving forward.

Hope this video helps!



https://youtu.be/T5gOIp67ab0

12/03/2020

As December starts, a lot of people begin to think about their 2021 budget.

But if you have a fluctuating/variable income, putting together a cash flow strategy can be very difficult. And if you Google tips, the results aren't very helpful.

Hopefully this article/video will change eventually change that as it climbs the ranks!.

This is a process I've used with clients with fluctuating incomes such as sales, freelancers or business owners that tends to work well. Hope it helps!

Are you wondering how to budget on a fluctuating income?If a significant amount of your wages are variable or in the form of a bonus, you likely find traditi...

12/03/2020

As we close out the year, do you have an investment that's lost value and it's driving you nuts to look at it?

You're just hoping it will get back to "break even", at some point... There might be better use for that money!

End of year planning can be a great time to evaluate tax-loss harvesting. I explain what it is and how it works in this video:

Are you interested in learning the benefits of tax loss harvesting? This video will show you how you can use the losses from that position you're frustrated ...

12/01/2020

Should you save in a 401(k) or an IRA in 2021?

In this article with Acorns I discuss, why not both?

We cover, the power of the employer match and the flexibility benefits of the Roth!

Invest in both types of retirement accounts, IRAs and 401(k)s, to harness the advantages that each one offers.

11/25/2020

Will be a little spammy this week, but that's because I am incredibly proud of how this course turned out.

I've read countless finance books and watched endless videos and truly believe this will be the best resource available to someone wanting step by step instructions on how to setup their finances.

This course goes A-Z on how to design and execute on building a system to grow and then protect your wealth. It will be particularly helpful to people 25-40, with no credit card debt, trying to figure out what to do with their excess cash flow.

Pre-sale will be all week at 50% off so if you have any questions at all, please reach out and ask! Course goes live 12/1. Click this link to learn more and sign up:

An online, self-paced course empowering enrollees to take control of their financial future. Learn the critical concepts to grow and protect your money from a CFP®.

11/24/2020

Do you have an investment that's lost value and it drives you nuts to look at it?

You're just hoping it will get back to "break even", at some point... There might be better use for that money!

End of year planning can be a great time to evaluate tax-loss harvesting. I explain what it is and how it works in this video:

Are you interested in learning the benefits of tax loss harvesting? This video will show you how you can use the losses from that position you're frustrated ...

11/23/2020

After 7 months of live classes and two months of video edits, I am excited to announce...

Now available for Black Friday WEEK! Pre-sale of the comprehensive financial course they should have taught growing up, but never did:

Drive To Financial Freedom

5 core sections with 28 videos covering:

1) How to build your automated cash flow system
2) Tips to invest so you can grow your money confidently
3) Ways to ensure you stop overpaying the IRS
4) Do's and don'ts when it comes to insurance
5) What estate planning is in plain english

I worked extremely hard on this and am excited to finally make the information available. Pre-sale will last all week and gets 50% off. So reach out to me if you have any questions or want to learn more.

Course goes live 12/1. Just in time to take control of your finances for 2021!

An online, self-paced course empowering enrollees to take control of their financial future. Learn the critical concepts to grow and protect your money from a CFP®.

11/19/2020

As a longtime reader of MarketWatch myself, it was fun to be able to provide another reader with some tips on how they should approach their investment strategy.

We cover:

What's an appropriate expected return?

How to evaluate risk?

And why many people are asking the wrong question.

Hope you enjoy!

Have a question about retirement? Email [email protected]

11/12/2020

With rates dropping, some people are wondering if they should abandon their emergency fund.

In this article with Business Insider, I share why I don't think that's such a good idea.

"Likely the most important aspect of long-term success with the high-yield savings account is pairing it with your other investments to ensure your total asset allocation is appropriate for your goals and risk tolerance," he said. "Often, people are viewing these accounts in isolation, which can lead them to be under/over funded."

I hope you find the information helpful!

After years earning next to nothing in interest in a typical savings account, she was dismayed when her high-yield savings rate started dropping