About Frank Rekas: Frank Rekas, CPFA, is a Personal CFO to attorneys and the founder of his independent financial planning practice. Known as "The Tax Whisperer" for law firm owners, Frank has 34 years of experience in financial services and specializes in helping attorneys stop overpaying taxes while building generational wealth. After spending years in corporate financial services, Frank went independent in September 2023 to provide completely objective financial guidance without proprietary product restrictions. He serves as a comprehensive financial partner to law firm owners, focusing on tax planning, risk management, and wealth building through his systematic approach to financial planning.

In this episode, Ted and Frank Rekas discuss:

• The importance of proactive tax planning in financial management
• The role of specialized financial planning for attorneys and law firm owners
• Retirement and investment strategies tailored to high-income earners
• Building comprehensive financial plans that address long-term security

Key Takeaways:

• Many attorneys end up overpaying on their taxes because their CPAs focus only on filing returns instead of proactively planning year-round, making ongoing tax strategy a vital part of wealth building.
• For high-income earners such as law firm owners, advanced retirement vehicles like cash balance or defined benefit plans can allow them to shelter six figures annually from taxes, offering opportunities far beyond traditional IRAs or 401(k)s.
• Custom-built investment portfolios that are regularly reviewed, rebalanced, and tailored to different levels of risk tolerance give attorneys confidence that their money is working toward long-term goals rather than sitting stagnant.
• A truly valuable financial advisor looks beyond picking investments to create a comprehensive plan that addresses income needs, lifestyle goals, tax efficiency, and long-term security, ensuring clients can answer the critical question, “Am I going to be okay?”

"The best time to start investing was yesterday. The next best time is today." — Frank Rekas

Connect with Frank Rekas:

Website: https://palmwealthpartners.com/

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/frankrekas/

Book time to meet with Frank

Traffic to Leads Information and links

JuvoLeads.com contact page: https://juvoleads.com/contact/

JuvoLeads website: https://juvoleads.com/

Connect with show host Ted DeBettencort: [email protected]

Ideas or guests for the show: [email protected]

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