The Money Scope Ep 16: Live at IAFP 2024

In this special episode of The Money Scope Podcast, Mark Solo and Ben-bacca cover major planning and strategy points of financial planning for advisors who help incorporated business owners.

It is live at that Institute for Advanced Financial Planning conference. IAFP Wars 2024. Ben laughs a lot because he doesn’t get my Star Wars jokes.

We recap some of the major points around when to incorporate, tax deferral, optimal salary vs dividend mix, and asset allocation for business owners.


“A lot of the issues that come up with corporations, really, financial planning is probably the best answer to many of the dilemmas.”

@LoonieDoctor

“The optimal plan requires constant reassessment and adjustment because things change over time.”

@benjaminwfelix

“Even if you have a stable business, you are going to have fluctuations in your income.. parental leaves.. sick leaves.. for you or a family member. All sorts of things can happen unexpectedly.”

@LoonieDoctor

“I think a corporation’s main benefit is smoothing income over the whole lifespan. Not just over an early career.”

@benjaminwfelix

2 comments

    1. Thanks! The more people we reach the better and it is definitely an area where being an educated client makes a difference. We’ve got another live Q&A episode from a physician conference in the works too.

Leave a Reply

Your email address will not be published. Required fields are marked *