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Rapidly Expanding PA Wealth Management Firm - Brandywine Oak Private Wealth - Launches New Tax Practice


Leading wealth advisor Michael Henley, Founder, Chief Executive Officer and Private Wealth Advisor of Brandywine Oak Private Wealth, announced today that CPA Chris Smith is joining the firm as Director of Tax and Founding Tax Partner of their new line of business, Brandywine Oak Private Tax Advisory.

Mr. Smith has more than 15 years of public accounting experience.

"Many families wisely spend time with their wealth advisors, but often miss out on the many tax planning strategies available to them that could further maximize their after-tax returns. Taxes are the single largest expense that many families will have in their lifetimes. I look forward to working closely with Brandywine Oak Private Wealth to marry my tax expertise with their wealth planning services," remarks Chris Smith, CPA.

Michael Henley, Founder and CEO added, "We are excited to welcome Chris to Brandywine Oak. The more a family plans, the more the family will keep after taxes. We believe that a tax strategy is often more essential than an investment strategy. If you are investing in the market, yes you may lose money from time to time, but as long as you stay invested, it will eventually come back. If you overpay in taxes, that is a one-way street; you are never getting that money back."

Mr. Smith stays on the cutting edge of tax planning strategies to ensure that clients do not miss opportunities that could save them unnecessary tax expense. By reviewing prior year returns and learning about the future goals and objectives of clients, he assists in making key decisions around the current and anticipated future tax laws. Specializing in navigating the tax complexities of families with significant wealth, Mr. Smith brings his valuable expertise to assist Brandywine Oak clients to become tax efficient in all aspects of wealth planning.

The impact of the firm's new line of business is less time spent correcting CPA errors, and more time spent collaborating on how to minimize the family's tax liability not only during their lifetime but also for their children and grandchildren. Prior to starting the tax practice, the firm spent one-third of the last year correcting errors identified in client tax returns.

Mr. Henley and his team have robust and broad industry experience in the areas of retirement income planning, investment management, estate planning, and tax strategies. Brandywine Oak Private Wealth works closely with high-net-worth individuals and families helping them plan and manage all aspects of their finances and their investments. The firm believes that the key role of a comprehensive wealth advisor is to provide education around how to maximize charitable and family gifting while minimizing the impact of Federal and local taxes.

Mr. Henley has been recognized by Forbes Best-In-State Wealth Advisors in 2020, 2021, Forbes Top Next-Gen Wealth Advisors 2017, 2018, 2019, 2020, 2021, and Barron's Top 1,200 Wealth Advisors in 2020 & 2021.

Brandywine Oak Wealth is a member of the Dynasty Network of independent financial advisory firms.

About Brandywine Oak Private Wealth

Brandywine Oak Private Wealth works closely with high-net-worth individuals and families helping them plan and manage all aspects of their finances and their investments. The firm believes that the key role of a comprehensive wealth advisor is to provide education around how to maximize charitable and family gifting while minimizing the impact of Federal and local taxes. Brandywine Oak Private Wealth is a member of the Dynasty Financial Partners network and has offices in Kennett Square, PA and Kiawah, South Carolina.



News published on 12 october 2021 at 10:05 and distributed by: