Hot Take:
Many high-income professionals don’t have a tax strategy—they may have disconnected advice from multiple sources.
Honestly, I don't blame you when every day it feels like more responsibilities and work pile up.
CPA: you have one, they're great and the deductions are many
Financial Advisor: they're managing your investments; returns have been good (pre-Iran war at least...)
A benefits team setting up your compensation: You’ve got an Employee Stock Purchase Plan, some Restricted Stock Units, some Incentive Stock Options
A problem with this is you may have too many people playing on different teams, with no coordination.
Your CPA may be focused on what already happened.
Your advisor may be focused on growing assets.
Your employer structures compensation based on company incentives... not yours.
But who’s asking:
• How do these decisions impact each other?
• What does this look like 3–5 years from now?
• Where are we unintentionally creating tax drag?
When you make financial decisions without considering all angles, you may put yourself in a vulnerable planning situation.
High income doesn’t solve inefficiency—it could hide it.
The people who build real wealth aren’t just making good individual decisions. They’re making coordinated decisions.
So, the question isn't: “Is my CPA good?” or “Is my portfolio performing?”
It’s: Is everything working together—or just existing side by side?
Thrivent and its financial advisors and professionals do not provide legal, accounting or tax advice. Consult your attorney or tax professional. See thrivent.com/social for important disclosures.
