The Role of a Financial Planner in Tax Planning

By Mike Switzer

Published August 8, 2023 at 5:30 AM EDT

Our next guest says that most people do not realize the importance of proactive tax planning during the overall financial planning process. Why? Well, he says the investment industry typically doesn’t allow investment representatives to talk about taxes, and most CPAs do not perform proactive tax planning unless their clients request it. Mike Switzer interviews Peter Pigeon, a certified financial planner with Hobbs Group Advisors in Columbia, SC.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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