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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.

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