Broker Check
Bridging the Confidence Gap Tuning Your Social Security Benefit Saving for College 101 The Latte Lie and Other Myths
Agent Photo

Tax & Financial Advisor Richmond, KY

It is more important than ever to have a tax and financial advisor* who understands the complex systems of taxes, investments*, and retirement. In far too many cases, people use multiple financial advisors, and these financial plans often do not work together. This can potentially cost a lot of money over the years.

At Williams Tax and Financial Services, our goal is to bridge that gap. A tax & financial advisor* who provides tax services, investment services*, retirement planning, and insurance services can look at your personal financial plan as a whole. Receiving ongoing personal tax and financial advice should be a major priority to anyone concerned about his or her financial well-being. Our process is unique because we start the conversation with the most basic financial statement you have - your income tax return.

Tax Preparation Richmond, KY

Did you know that taxes are the single largest expense in our lifetimes and the one expense we have the least amount of control over? There are a set of tax laws that everyone must play by. This is why tax preparation and tax planning play such major roles in investment management*, retirement planning, and financial planning*. For example, many retirees will be in 25 percent tax brackets or higher, causing a huge burden. Fortunately, this burden may be reduced significantly with proper tax planning. Tax planning can keep your hard earned money in your IRA and 401k by not giving it to the IRS. This is just one way taxes can impact your investment management and retirement planning decisions.

The great news is that there are many tax planning strategies to reduce or even eliminate your income tax burdens in the future. A key factor is having a tax and financial advisor* who can provide the services you need for every aspect of your financials in order to show you where the tax saving opportunities are. Ask us today about receiving your complimentary customized tax report and leveraging our expertise to provide you with a “1040 Advantage.”

Investment Management * Richmond, KY

Having a tax-efficient investment plan will give you a head start, but this is only part of the equation. Building and protecting your retirement savings is critical to pursuing your goals, but day-to-day investment management is complex and time-consuming. If you are going to professionally manage your IRA or 401k, you will need stock market research, asset allocation models, capital market assumptions, etc. However, if you are like most people, this isn't how you want to spend your evenings and weekends!

A solution is to use an experienced financial advisor with an innovative approach to managing client portfolios. Our approach combines financial advice with investment guidance. We strongly believe in the concepts of asset allocation, diversification, and active rebalancing. Each of these investment concepts is individually important; it is the combination of these concepts that manages the overall risk and return of an investment portfolio.

Retirement Planning Richmond, KY

Retirement planning puts your life plan on paper and prioritizes and organizes your goals. In fact, a recent study shows only 46 percent of Americans know how much they need to save for retirement. Having an organized plan that is broken down into smaller, actionable steps, such as the 8 Wealth Management Issues, can help you be disciplined and stay on track. This can help streamline the financial planning process and give you the confidence you need to move toward with your financial goals. This will also identify areas of strength and those that need some assistance.

This three-minute video explains how your Advisor starts with taxes, defines and prioritizes your wealth management issues, creates a plan, and then brings that plan to life.

We have enjoyed serving the Richmond, Kentucky and surrounding areas of Lexington, Kentucky. Williams Tax and Financial Services has clients in Richmond, Berea, Winchester, Lexington, and in many other states. If you are new to Richmond, Kentucky, it is a great place to reside and work. We look forward to making it better by helping our clients with their tax, investment*, and retirement planning needs.

* These services are offered by Tim Williams through his affiliation with HD Vest.

Helpful Content

The Power of Tax-Deferred Growth

The Power of Tax-Deferred Growth

Why are 401(k) plans, annuities, and IRAs so popular?

Suddenly Single: 3 Steps to Take Now

Suddenly Single: 3 Steps to Take Now

Have you found yourself suddenly single? Here are 3 steps to take right now.

When Does Your Personal Car Become a Commercial Vehicle?

When Does Your Personal Car Become a Commercial Vehicle?

At what point can you call a personal vehicle commercial?


When to Self-Insure

Choosing to bear the financial burden of an adverse event is called self-insuring. Do you know what that entails?

Traditional vs. Roth IRA

One or the other? Perhaps both traditional and Roth IRAs can play a part in your retirement plans.

Protection Against Uninsured Drivers

You’re hit by an uninsured driver. Now what? Are you protected against financial losses?

The Anatomy of an Index

The S&P 500 represents a large portion of the value of the U.S. equity market, it may be worth understanding.

U.S. Personal Savings Rate

What can be learned from the savings rate?

Women and Financial Strategies

Most women don’t shy away from the day-to-day financial decisions, but some may be leaving their future to chance.

View all articles arrow

Historical Inflation

This calculator shows how inflation over the years has impacted purchasing power.

Saving for College

This calculator can help you estimate how much you should be saving for college.

What Is My Current Net Worth?

Use this calculator to estimate your net worth by adding up your assets and subtracting your liabilities.

Contributing to an IRA?

Determine if you are eligible to contribute to a traditional or Roth IRA.

Doubling Your Money

This calculator demonstrates the power of compound interest.

Long-Term-Care Needs

Determine your potential long-term care needs and how long your current assets might last.

View all calculators arrow

Investment Strategies for Retirement

Investment tools and strategies that can enable you to pursue your retirement goals.

Retirement Plan Distributions

There are a number of ways to withdraw money from a qualified retirement plan.

Managing Your Lifestyle

Using smart management to get more of what you want and free up assets to invest.

An Inside Look at Retirement Living

A number of questions and concerns need to be addressed to help you better prepare for retirement living.

Protecting Those Who Matter Most

The importance of life insurance, how it works, and how much coverage you need.

Keys to Investing for Retirement

There are some key concepts to understand when investing for retirement

View all presentations arrow

The Facts About Income Tax

Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you.


Making the most of surprises is a great reason to work with us.

Inflation and Your Portfolio

Even low inflation rates can pose a threat to investment returns.

Estate Management 101

A will may be only one of the documents you need—and one factor to consider—when it comes to managing your estate

The Power of Compound Interest

Learn how to harness the power of compound interest for your investments.

Safeguard Your Digital Estate

If you died, what would happen to your email archives, social profiles and online accounts?

View all videos arrow