Financial Counselor/Managing Director
MBA, CFA®, CFP®, CPA
Don founded D3 Financial Counselors in 1997 after a successful career at Northern Trust Company. Don has extensive experience providing financial planning to business owners, corporate executives, CFAs, and families. Continue Reading.
Most Recent News & Articles
In recent years, investors have been fortunate to experience strong returns from equities. With the S&P 500 being up about 70% from this same point five years ago, there’s a lot for investors to be happy about. While being content with a surge in asset values, many investors are facing tough decisions on how to free up liquidity in their taxable brokerage accounts without being hammered by capital gains tax. This brings up the question, how can I free up liquidity while remaining true to my desired asset allocation and limiting capital gains tax?
2018 Tax reform has brought about some of the biggest changes to the tax laws since the 1980’s. With new law, often comes confusion and occasionally misinformation for taxpayers. Many taxpayers believe they will no longer be able to deduct their charitable contributions in 2018 and going forward. The standard deduction has been increased, meaning that many people with modest charitable contributions each year may not see the same benefit. However, strategies exist for the charitably inclined to realize tax benefits in 2018 and going forward.
D3 was nominated for the Santa Fe Chamber of Commerce Business Award. The 2018 ChamberAir Business Awards Gala will recognize the best businesses that have helped strengthen the economy and community of Santa Fe. The event takes place on June 7th at the Santa Fe Regional Airport Jet Center Hangar.
As a medical practice, law practice or other business grows, business owners may wish to shelter additional income from taxes beyond that of what a 401k plan allows. A pension plan may be just the answer to accomplish this goal. Contrary to the decreasing popularity of traditional pension plans, the number of Cash Balance Pension (CBP) plans have been increasing. As noted in Kravtiz’s 2017 National Cash Balance Research Report, “Since 2001, cash balance plans have had double-digit annual growth almost every year and a fifteen-fold increase over 15 years.” So, what has been making CBP plans so attractive?
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Chicago Loop Branch
111 N. Wabash Ave, Suite 800
Chicago, IL 60602
Downers Grove Branch
5151 Mochel Drive, Suite 301
Downers Grove, IL 60515
Sante Fe Branch
Sante Fe, NM 87506