OWLFI Productions

Murphy’s Market Minute is a weekly production from OWLFI featuring Elliot Omanson and his service dog rip. These videos cover the latest market news and trends for our clients and their portfolios. You will find Elliot giving actionable tips and advice on investments, taxes, estate planning, retirement, and business solutions, all tying back to the strategic plans OWLFI offers.   

We specialize in saving our clients hundreds of thousands of dollars in taxes through the way we allocate assets. We use those tax savings to help our clients generate significantly more income in retirement. We achieve these goals while reducing the overall risk of their portfolios. Watching clients suffer financially and sometimes emotionally from a disconnect between their Financial Advisor, CPA, and Estate Planning Attorney, OWLFI set out to change everything. Bringing all these professions together into one fully integrated and seamless unit allows our clients to navigate retirement with less stress and more confidence.  

OWLFI Website: https://www.owlfi.com/ 

Murphy's Market Minute Series: https://www.owlfi.com/mmm 

Listen To Our Podcast! https://anchor.fm/owlfi 

Our Blog: https://www.owlfi.com/blog 

Email Us: [email protected]

Murphy’s Market Minute is a weekly production from OWLFI featuring Elliot Omanson and his service dog rip. These videos cover the latest market news and trends for our clients and their portfolios. You will find Elliot giving actionable tips and advice on investments, taxes, estate planning, retirement, and business solutions, all tying back to the strategic plans OWLFI offers.   

We specialize in saving our clients hundreds of thousands of dollars in taxes through the way we allocate assets. We use those tax savings to help our clients generate significantly more income in retirement. We achieve these goals while reducing the overall risk of their portfolios. Watching clients suffer financially and sometimes emotionally from a disconnect between their Financial Advisor, CPA, and Estate Planning Attorney, OWLFI set out to change everything. Bringing all these professions together into one fully integrated and seamless unit allows our clients to navigate retirement with less stress and more confidence.  

OWLFI Website: https://www.owlfi.com/ 

Murphy's Market Minute Series: https://www.owlfi.com/mmm 

Our Blog: https://www.owlfi.com/blog 

Email Us: [email protected]

The focus has been on individuals and retirement planning in the previous videos. In this video, we wanted to shift focus and talk about business owners and how we can help them. There are some unique strategies that, as businesses grow, we can implement, from helping mitigate taxes, succession planning, and to the point of selling their business. Everyone is familiar with the saying, "It's not how much you make, it's how much you keep." Unfortunately, the largest source of money that we lose goes to taxes. There is a form of arbitrage in-laws. The government created laws and put systems in place for those laws, then laws change, and the systems don't change. And that presents a unique opportunity. When it comes to money, we have money that we receive in the form of income that is taxed as income tax. Income tax is one of the worst ways to be taxed and can be up to 45%, depending on your state. Tax deferral is excellent because you get to keep your money that would have otherwise gone to the government and let it grow in the meantime. But when it comes out, it is taxed as income tax. Then there is a tax deduction, but what is even better than that? An exemption. 

As a W2 employee, you cannot receive tax exemptions, but you certainly can as a business owner. OWLFI has found that we gain a deeper and more robust understanding of the tax code by bringing the different industries and professions together. Many people tell us we are creative, but being creative means taking something and creating something new, which is not possible with the tax code. That leaves you to become an expert and highly familiar with the tax code. And as a financial advisor, you may have one understanding, but as a CPA, they might read it and have another. But when all these professionals read it together, there might be an additional level. There are sections of the tax code that most people are very unfamiliar with, and when followed correctly, they create significant benefits.

Rip will not be joining us in this week's video as he is very picky with his seat selection. On Wednesday this week, we had quite the sell-off. Our most aggressive tech funds, which are supposed to be getting hammered, are up over 10%. So when we look at our portfolios, we are down from our highs but still have significant gains in our accounts and are just not as high as we used to be. We hear the word "recession" thrown around a lot, and what does that mean? A recession, by definition, is two-quarters of negative GDP. We have had one quarter in the books and will likely have a second. In most people's minds, a recession is more than just two-quarters of negative GDP, and a recession would also mean layoffs, decreased wages, and things like that. Those are some of the most important things, yet it seems as if the government is rooting for them. If we have reduced GDP for two consecutive quarters yet, employers are still hiring and increasing wages. Is that a recession that is going to matter?     Murphy's Market Minute is a weekly production from OWLFI featuring Elliot Omanson and his service dog rip. These videos cover our clients' latest market news, trends, and portfolios. In addition, Elliot will be giving actionable tips and advice on investments, taxes, estate planning, retirement, and business solutions, all tying back to the strategic plans OWLFI offers.     We specialize in saving our clients hundreds of thousands of dollars in taxes through the way we allocate assets. We use those tax savings to help our clients generate significantly more income in retirement. We achieve these goals while reducing the overall risk of their portfolios. Watching clients suffer financially and sometimes emotionally from a disconnect between their Financial Advisor, CPA, and Estate Planning Attorney, OWLFI set out to change everything. Bringing all these professions into one fully integrated and seamless unit allows our clients to navigate retirement with less stress and more confidence.   OWLFI Website: https://www.owlfi.com/   Murphy's Market Minute Series: https://www.owlfi.com/mmm   Listen To Our Podcast! https://anchor.fm/owlfi   Our Blog: https://www.owlfi.com/blog   Email Us: [email protected]   Give Us a Call: (913) 441-8380   See you next week!

People often wait until there is some significant moment in their life to come to a financial advisor. As a result, there is a lot of anxiety built up in people's heads about sitting down and going over their finances or investments, which prevents them from taking action regarding many of these things. OWLFI operates from the standpoint of the plan first and investing second. And the reason for this is that it helps us better understand you and all aspects of your financial life. We then take all this information we have learned and gathered to create a strategic plan. With every concern there is, there is an opportunity, an opportunity to fix that concern. When we meet with people, they often find out they're in a better situation than they thought.   

We specialize in saving our clients hundreds of thousands of dollars in taxes through the way we allocate assets. We use those tax savings to help our clients generate significantly more income in retirement. We achieve these goals while reducing the overall risk of their portfolios. Watching clients suffer financially and sometimes emotionally from a disconnect between their Financial Advisor, CPA, and Estate Planning Attorney, OWLFI set out to change everything. Bringing all these professions into one fully integrated and seamless unit allows our clients to navigate retirement with less stress and more confidence.   

OWLFI Website: https://www.owlfi.com/  

Murphy's Market Minute Series: https://www.owlfi.com/mmm  

Our Blog: https://www.owlfi.com/blog  

Email Us: [email protected]  

Give Us a Call: (913) 441-8380

In the last video, we talked about retirement, the four posing risks, and how crucial they are. Throughout Dirk's career, he always noticed issues and things that needed to be solved within the industry. Elliot and Dirk both saw these things from different areas at the same time before they knew each other, Dirk as a CPA and Elliot as a financial advisor. It's human nature to continue on the same path and the same thing, even though the environment or different things in the environment have changed. At some point, we need to look at the changes in the system and realize it doesn't work anymore. That is one of the benefits of having the all-in-one team that OWLFI has created. Having CPAs, Financial Advisors, and Attorneys working together on behalf of you, they can acknowledge these things that have changed and work together on new solutions. And as the client, you can be more assured in these adjustments when a whole team, like what we have at OWLFI, is backing these decisions.  

We specialize in saving our clients hundreds of thousands of dollars in taxes through the way we allocate assets. We use those tax savings to help our clients generate significantly more income in retirement. We achieve these goals while reducing the overall risk of their portfolios. Watching clients suffer financially and sometimes emotionally from a disconnect between their Financial Advisor, CPA, and Estate Planning Attorney, OWLFI set out to change everything. Bringing all these professions into one fully integrated and seamless unit allows our clients to navigate retirement with less stress and more confidence.   

OWLFI Website: https://www.owlfi.com/  

Murphy's Market Minute Series: https://www.owlfi.com/mmm  

Listen To Our Podcast! https://anchor.fm/owlfi  

Our Blog: https://www.owlfi.com/blog  

Email Us: [email protected]  

Give Us a Call: (913) 441-8380

Trying to build a company within the financial industry presents many challenges. Many of these pertain to all businesses, while some pertain to the financial sector. If the people in this industry don't fix these issues first, then people in the government will try to fix them for us. For example, 64% of people entering retirement have four hundred thousand dollars or less in retirement assets. When you combine that with the most often heard advertisement for the financial industry, "Do you have half a million or more of investable assets?" That eliminates the bulk of people entering retirement and, sadly, most people who genuinely need help within the financial industry. There are many reasons most financial firms use that half a million minimum, and the most significant factor is the economy of scale associated with these advisors. Doing our job well requires us to spend a considerable amount of time with people. A relatively easy solution popped up in trying to figure out how we would navigate this problem, and it has to do with the culture we are trying to create at OWLFI. People always ask us if we have a minimum investment requirement, and the answer is no. We focus on two things and believe these are the only two things that matter. The first one is, do we enjoy talking to you, and do we connect and understand you? The second is can we help you? If we feel like we enjoy talking to you and can help you, we will take you on as a client. That is also more difficult because we limit our advisors to no more than 100 clients. So how can we take on any client with any amount of investable assets? Every advisor has clients with millions and millions of dollars, and the value of the work we provide to them makes us significant amounts of revenue. One of the beautiful things about that is that it puts us in a position with only one hundred clients and does not have to chase more clients constantly. It seems as if the minute you give a regular financial advisor your money, you never hear from them again because they have to find the next client immediately. Due to the nature of our OWLFI where we have the attorneys, the CPAs, the financial advisors, and the insurance agents that all work together on behalf of the client with a one-team mentality. That attracts clients with a significant net worth, and at the same time, our advisors are only attempting to attract 100 clients then our advisors can take on anybody. Doing this allows many people of all different backgrounds to receive the highest level of financial advice.

We specialize in saving our clients hundreds of thousands of dollars in taxes through the way we allocate assets. We use those tax savings to help our clients generate significantly more income in retirement. We achieve these goals while reducing the overall risk of their portfolios. Watching clients suffer financially and sometimes emotionally from a disconnect between their Financial Advisor, CPA, and Estate Planning Attorney, OWLFI set out to change everything. Bringing all these professions into one fully integrated and seamless unit allows our clients to navigate retirement with less stress and more confidence.

Murphy’s Market Minute is a weekly production from OWLFI featuring Elliot Omanson and his service dog rip. These videos cover the latest market news and trends for our clients and their portfolios. You will find Elliot giving actionable tips and advice on investments, taxes, estate planning, retirement, and business solutions, all tying back to the strategic plans OWLFI offers.  

We specialize in saving our clients hundreds of thousands of dollars in taxes through the way we allocate assets. We use those tax savings to help our clients generate significantly more income in retirement. We achieve these goals while reducing the overall risk of their portfolios. Watching clients suffer financially and sometimes emotionally from a disconnect between their Financial Advisor, CPA and Estate Planning Attorney, OWLFI set out to change everything. Bringing all these professions together into one fully integrated and seamless unit allows our clients to navigate retirement with less stress and more confidence.

OWLFI Website: https://www.owlfi.com/ 

Murphy's Market Minute Series: https://www.owlfi.com/mmm 

Our Blog: https://www.owlfi.com/blog 

Email Us: [email protected]  

Give Us a Call: (913) 441-8380  

See you next week!

Why is OWLFI structured the way it is?   In the traditional financial space, all the different professions, from your attorneys, CPAs, financial advisors, and insurance agents, they're all siloed. And because they are siloed, we find that they're all in a state of competing against one another. In the beginning, here at OWLFI, we saw disconnects between the different financial professionals. They were at odds with one another to the detriment of their clients. So we felt that it would be better if we could get everybody together under the same roof on the same team. With the usual referral agreement, you don't get all your professionals working together on the entire planning process and understanding the intricacies of the deployed strategies. When we do this, our clients receive a much broader, more robust, strategic plan that is better prepared to deal with market fluctuations, longevity risks, inflation risks, and the general state of uncertainty and unknown that people face heading into retirement.

Murphy’s Market Minute is a weekly production from OWLFI featuring Elliot Omanson and his service dog rip. These videos cover the latest market news and trends for our clients and their portfolios. You will find Elliot giving actionable tips and advice on investments, taxes, estate planning, retirement, and business solutions all tying back to the strategic plans OWLFI offers.   

Learn more about OWLFI and find helpful resources here:  

OWLFI Website: https://www.owlfi.com/ 

Murphy's Market Minute Series: https://www.owlfi.com/mmm 

Our Blog: https://www.owlfi.com/blog 

Email Us: [email protected] 

 Give Us a Call: (913) 441-8380 

 See you next week!