On this edition of the HABU Accelerator Podcast, I sit down with Vince Nelson of Arno Wealth to discuss tax-efficient investing strategies. Vince introduces the Wildlife Fund, an innovative opportunity combining conservation impact with potential tax write-offs. We explore the importance of personalized, tailored solutions for clients when crafting investment strategies. From 401k profit sharing to managing large investments, his steps emphasize a cohesive, proactive approach. Vince underscores treating offerings as customized for clients rather than one-size-fits-all. This episode offers practical advice on mitigating taxes through high-touch client care, strategic planning for high-net-worth individuals, and onboarding processes. &nbsp SHOW HIGHLIGHTS

• Vince Nelson, the managing partner of Arno Wealth, introduces the Wildlife Fund, which combines conservation efforts with potential tax write-offs.
• We discuss the importance of personalized client care and creating tailored investment strategies that align with individual risk tolerance and goals.
• The role of managing partners in coordinating tax mitigation strategies with CPAs is emphasized, highlighting the need for a collaborative approach.
• We cover the necessity of bringing together various professionals to create a comprehensive tax plan that leaves no detail overlooked.
• Vince explains the onboarding process for clients, underlining the importance of early engagement and a proactive stance in managing tax strategies.
• Investment opportunities should be viewed as bespoke solutions tailored to clients’ needs rather than as one-size-fits-all products.
• The Wildlife Fund is highlighted for its role in conservation and providing tax benefits, serving as an example of a unique investment opportunity.
• Vince outlines various tax mitigation strategies and investments, such as 401k profit sharing plans, defined benefit plans, and even investments in jets for large-scale investors.
• We delve into the complexities of managing high-net-worth individuals and the proactive measures necessary for their strategic financial planning.
• The importance of CPAs having a trusted wealth management partner like Arno Wealth is underscored, as they provide strategic and customized solutions for clients.

LINKSShow NotesAbout Arno Wealth
GUESTS Vince Nelson
About Vince TRANSCRIPT (AI transcript provided as supporting material and may contain errors) Jeff: Well, hello again everybody. This is Jeff Pawlow and I’m the president of the Engineered Advisory Family of Companies and your host for the Advisory Accelerator podcast, a show that works to help CPAs become more advisory-minded in their individual practices. On today’s show, I’m happy to welcome back our friend, Vince Nelson, who is the managing partner of Arno Wealth, who’s going to help us navigate the incredibly complex world of tax-efficient investing as CPAs. I’m sure that you’ve got clients that are high net worth individuals or maybe have had a liquidity event and they’re turning to you for advice in the areas of how to mitigate some of the tax related to those issues. So I’m really looking forward to today’s conversation. Vince, welcome to the Advisory Accelerator Podcast. Vince: Well, jeff. Thank you so much. It’s an honor to be with you. Jeff: You know I’m excited to talk with you because your presentation had such an impact at the Haboo Conference last year and for those who are listening that weren’t at the conference, Vince introduced one of the products that they have that’s called the Wildlife Fund, and I was just fascinated about how a program like that could allow an investor to kind of do good from a society standpoint but also help mitigate some of the taxes involved with a liquidity event that maybe they’ve had or just perhaps they’re high net worth individuals. But it was fascinating to see how that particular product was developed and came together. But then I was even more impressed with you, kind of saying like hey, if it fits it’s great and we can talk about it. But this doesn’t necessarily. It’s not one stop shopping where we’ve got a single solution we’re trying to apply across all of our clients. And then you went on to talk a little bit about all the different things that are available through Arno Wealth. So as we jump in today, let’s speak to those CPAs that perhaps don’t have a wealth management practice or a defined wealth management partner a defined wealth management partner and at the same time have clients that are turning to them for this type of advice and are looking to do something other than just refer it to Merrill Lynch or Edward Jones or something like that. So, Vince, let’s start out. Recap for me just all the cool things that make up the Wildlife Fund. Vince: Yeah, and before I do that, jeff apologies, but housekeeping rules that our compliance department requires me say just a couple of things that are very boring, but I’ll say them quickly so we can get them out of the way that basically, our broker dealer and our registered investment advisory services are cleared through RTA wealth management and RTA wealth advisors. Securities offered through RTA wealth management, and which is a FINRA and SIPC and NFA affiliated entity, investment advisors services are also offered through RTA Wealth Advisories Services LLC, a SEC registered investment advisory firm. So basically, just to clarify too, we’re going to talk a lot about tax mitigating investments today and anything that we discuss always I defer to those CPAs who are magnificent, understand the tax code. You’re the professionals in the area of how to apply the tax code. We are just offering tools to be able to have that discussion. So that out of the way, of course, anything I talk about is not a recommendation, as an answer really to what you said earlier, jeff, it’s about getting to know each client, because each client situation is completely different from the next, and how they feel about risk, what their goals are. All of those things factor into the investments. But to answer the wildlife question, so down in San Antonio, texas, there are the wildlife partners. Texas is an $8 billion industry with exotic wildlife, so these are often animals that are endangered, in large part because back in 1999, the United States government said that they would not allow any hoofed animals to enter the country because of hoof and mouth, and so because of that, in short, basically what happened is you have a limited supply in the US and then they’ve also been hunted in Africa and to the other world, so we’re able to actually start working with conservation and also to help basically with, you know, doing tax write-offs. So, but it’s not a for-profit or a nonprofit entity, so it actually is an investment that you can invest into, get a nice return and also write-off this year, potentially up to 70% of your investment. Jeff: Yeah, I know people were fascinated by that as you kind of told the story. And you know some of these magnificent animals that are endangered, you know being able to contribute to their longevity and their conservation and what have you, but then also doing that in a way that’s going to help mitigate some of the taxes that you’re facing. It seemed like there was great alignment between kind of social activism and investment strategy, given that they had, you know, an incredibly high tax burden that was coming due. So I just recall the number of people that were lined up at the booth to speak with you after your presentation and you know, I think if they had their druthers, we’d still be there in Dallas answering questions. So that’s one of the things I’ve been happy with is just kind of the care that you take with clients in terms of really trying to understand what solution fits best for them. So talk a little bit. You know, if I’m a CPA, there’s a little bit of risk, obviously, to introduce my client to you. I’ve got a good thing going. I prepare the returns every year. Maybe I’m doing some kind of assurance services that are an annuity. The last thing I need is some guy coming in here and screwing up the investment. So then I not only lose the goodwill associated with that, but I lose my client right. So I’ve got to be confident in my partner, and one of the things that I’ve just always been impressed with Arno is just the care you take where one size doesn’t fit all. You’re not programmatic, you’re much more strategic in terms of how you engage the client. So maybe you can speak a little bit to that philosophy and give some examples of other solutions that might fit in any given situation that might fit in any given situation Absolutely, and you know to us. Vince: We understand the level of trust that CPAs put in us and we also understand that their client is at risk you know with any professional that they connect with, and so because of that, we will follow the lead of the CPA very closely, along with making sure that anything that we do for the client is in their best interest, which a lot of times people think that we just need to know what their tax liability is, whether it’s ordinary income or capital gain situation, and then they just want a quick solution to be able to write that off. But we have to go much further in terms of understanding who are they as an investor and what is their asset stock. Are they accredited, making $200,000 as an individual, $300,000 a year as a couple? Or do they have a million dollars worth of assets, not including their home? Or there’s another level, a qualified purchaser, which