Schmidt Financial Management, Inc. was honored to be a finalist in the WealthManagement.com 2024 Industry Award (the “Wealthies”) for the 'Client Initiative' category based on its innovative Tax Dashboard. This underscores Schmidt Financial Management’s commitment to be the place where executives and technology professionals go for financial advice.
Schmidt submitted an innovative service offering for their clients and clients' CPAs: the Tax Dashboard. The Tax Dashboard streamlines communications and tax task management for clients, their CPAs, and advisors. The Dashboard has the ability to reduce time and effort for all involved while keeping tax information current. The impact of the Dashboard is that it may relieve some stress that clients feel around taxes.
The Tax Dashboard takes service to the next level for Schmidt's clients. Before CPAs reach out to gather necessary tax documents or send out tax binders, Schmidt sends a highly personalized tax communication to clients. Leveraging state-of-the-art technology, Schmidt has built a custom portal to securely share tax reports and account information needed for tax projections. This communication includes everything clients need to know, from what accounts or investments may receive a tax report to what activities took place in those accounts that may be relevant to the client's tax filing. The Tax Dashboard creates opportunities for Schmidt to have meaningful conversations with clients about the purpose of longer-term financial planning for the tax management of all accounts and investments, giving an elevated client experience.
Evan Schmidt, Principal and Financial Advisor at Schmidt Financial Management, Inc., said: “From the beginning, Schmidt was built to serve executives and technology professionals. We thrive on finding innovative ways to meet our client’s needs. The Tax Dashboard supports the client's total financial picture and provides clarity for the clients and their CPAs. Being named a Wealthie finalist is an honor and something we are proud of.”
A complete list of the 2024 Industry Award finalists can be found here.
About Schmidt
Schmidt Financial Management, Inc. is a wealth management firm in Kirkland, WA. Schmidt serves highly compensated executives and technology professionals who receive a large portion of their income through stocks or equity grants. Schmidt Financial Management has roots supporting those in technology that began over thirty years ago. Glenda Schmidt, the firm's founder, was a pioneering advisor who taught money management classes to early Microsoft engineers needing help with compensation benefits. Much has changed over the years, but the people for whom Schmidt was built remain the same - technology executives and professionals needing financial advice.
Schmidt Financial Management uniquely positions itself to effectively resource technology employees who need help navigating RSUs, stock options, pre-IPO decisions, and post-IPO management. Clients may include employees from technology companies such as Microsoft, Meta, Google, Amazon, Apple, Duolingo, Lyft, GM, and Snap.
About WealthManagement.com
WealthManagement.com, owned by Informa, is the leading resource platform for wealth management professionals, offering industry insights and marketing services to help financial organizations reach and influence advisors.
For more information, please visit www.schmidtfm.com.
Also, visit Schmidt on social media:
LinkedIn: https://www.linkedin.com/company/schmidt-financial-management/
Facebook: https://www.facebook.com/schmidtfm/
Instagram: https://www.instagram.com/schmidtfinancialmanagement/
Schmidt Financial Management, Inc. is a Registered Investment Advisor Firm. Schmidt Financial Management, Inc. does not provide tax, accounting or legal advice. Individuals and firms may only transact business in a jurisdiction after satisfying its licensing and qualification requirements, or after being excluded or exempted. Schmidt Financial Management, Inc. does not intend to provide personalized investment advice through this recognition. The award was given by a person other than a current client or investor. No direct or indirect compensation was provided or obtained in connection with obtaining or using this award information. WealthManagement.com delivers editorial insight and analysis to help financial advisors improve practice management, gathering of assets, and to promote products and services offered by independent advisors.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241219259452/en/
"The Tax Dashboard supports the client's total financial picture and provides clarity for the clients and their CPAs. Being named a Wealthie finalist is an honor and something we are proud of."
Contacts
Bre Chud
connect@schmidtfm.com
