The Hidden Costs That Quietly Erode Wealth “Don’t tip the IRS” It’s a familiar mantra among tax-conscious investors. Yet while most business owners and executives focus on minimizing their tax obligations, far fewer recognize a different set of “taxes” quietly eroding their wealth. These hidden costs don’t appear on a tax return. They’re embedded in…
Our People, PDS Experience, PDS News
Inside the values that shape the PDS Planning team At PDS Planning, we take pride in doing things a little differently. That includes how we grow our team. While experience, knowledge, and credentials matter, we believe who you are is just as important as what you know. Our firm has always been about people. We…
We previously outlined the different ways advisors can be compensated and the importance of advisor and fund fees (more here). It’s equally important to understand the difference between types of advisors, the expectations you should have of each, and what you should look for when seeking out professional guidance. What types of advisors are there?…
Clients and employees. It’s really that simple. If it’s in the best interest of our clients or our employees, we try to make sure the answer is always yes. In today’s age where there are so few owner-operated businesses, and private equity ownership dominates the landscape, PDS Planning is proud to celebrate its 40th year…
Estate & Legacy, PDS Experience, Retirement, Taxes
In today’s unpredictable financial landscape, an experienced financial advisor helps to guide clients through life’s complexities, as well as market fluctuations. This goes well beyond basic investment management but rather is a comprehensive approach to financial well-being and peace of mind. If the role of a financial advisor is to guide investors through these unpredictable…
Investment Planning, PDS Experience, PDS News
Fees matter, especially when presented as 1% of your investment portfolio. Why the current advisor model is outdated. As seen in ColumbusCEO January 2025 American philosopher and poet Ralph Waldo Emerson once said, “Money often costs too much.” If you work with and pay an advisor whose advice is primarily focused on investments, you may…
Our People, PDS Experience, PDS News
2024 will be a memorable and pivotal year when the book is written on PDS. It really is hard to believe it’s over. What made it so memorable? The incredible achievements and the wonderful people who helped make it possible. 2024 can be summarized in three words: Growth, Technology, and Reach. Growth There are lot…
Our People, PDS Experience, PDS News
Posted: 8/26/2024 As we start to transition into fall, we’re reflecting on our unforgettable summer adventures and many memories made. Our travels took us far and wide including San Diego, Cape Cod, Colorado, the Carolinas, Florida and Michigan. Along the way, our team indulged in lots of cake and ice cream, golf, breweries, and of…
Our People, PDS Experience, PDS News
We had the pleasure of spending another fun evening cheering on the Columbus Clippers with our clients and partners. It was a beautiful summer evening as the Clippers took the field as Los Veleros de Columbus as part of MiLB’s Copa de la Diversion program. They faced off against the Memphis Redbirds. Although we didn’t…
By: Kevin DollPosted: 5/17/2024 Evolution of Financial Advisors and Fee Structures Can you believe the stock market is over 400 years old? Many things have changed over the years from trading platforms and technology to the types of assets you can buy and the way you can buy, sell, and hedge them. The financial industry has…
Navigating the Affluent Landscape: Choosing Your High-Net-Worth Financial Advisor For individuals with significant wealth, securing the expertise of a qualified financial advisor is paramount. Unlike navigating traditional personal finances, managing a few million in portfolio assets or more demands a specialized approach. Would you benefit from working with a High-Net-Worth Financial Advisor? Yes, if… You…
Our People, PDS Experience, PDS News
How is it possible we are already embarking on our journey for 2024? We all recognize as we age time appears to speed up. Of course, this is simply the relative relationship between one year and our total years. If you are five years old, one year represents 20% of your life. If you’re 50,…
Our People, PDS Experience, PDS News
At PDS Planning, we believe in regular engagement with our clients. And on July 27 we got to spend the evening rooting for our very own Columbus Clippers with over 170 of you! The sun was scorching but the Clippers were looking hot! Debuting new uniforms, the Clippers transformed into Los Veleros de Columbus as…
Breaking up is hard to do. The unfortunate truth is sometimes relationships just don’t work. This applies to spouses, friends, business associates – and financial advisors. You likely entered the relationship with your financial advisor with high hopes of increasing wealth and creating financial stability. However, clients often begin to realize their own expectations and…
Why You REALLY Need a Financial Advisor A financial advisor’s mission is to close the gap between where you are financially and where you’d like to be. Whether you need an advisor or to what extent depends on a variety of factors, including the complexity of your finances, how comfortable you are managing your own…
