You Can Outsource More Than You Think: A Lifestyle Strategy for Busy Professionals

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Success brings freedom, but it also brings complexity. The more you achieve, the more your life fills with responsibilities, decisions, and moving parts. At a certain point, the question shifts from “Can I do this?” to “Should I be the one doing it?”

For high-achieving professionals, outsourcing isn’t just a productivity hack; it’s a mindset shift. It’s a decision to prioritize time, energy, and clarity over unnecessary friction.

And the truth is: you can outsource more than you think.

Redefining Productivity: From Doing More to Doing Less (Better)

High performers are wired for action. You’ve built your success by solving problems, managing details, and making things happen. But what happens when the very skills that built your career start to crowd out the space you need to enjoy it?

That’s the tension, the desire to stay on top of everything collides with the reality that you no longer need or want to.

Strategic delegation isn’t about avoiding work. It’s about choosing your work. Choosing where you show up fully, and where someone else can handle it better, faster, or with less stress.

As Greg McKeown wrote in Essentialism, “If you don’t prioritize your life, someone else will.”

What Modern-Day Concierge Living Really Looks Like

Outsourcing isn’t reserved for celebrities or CEOs. Today, a well-curated team of experts and support professionals can help you offload nearly every logistical or administrative burden in your life.

Consider this modern-day delegation stack:

  • Executive Assistants: Remote or in-person, they can manage your inbox, schedule, travel, and follow-up, freeing up hours each week.
  • Household Managers: Handle everything from home maintenance to grocery restocking to coordinating with tutors, nannies, and service providers.
  • Health and Wellness Experts: Concierge medicine, personal chefs, virtual trainers, and even sleep coaches are now widely accessible.
  • Financial Concierge Services: Teams like ours at HB provide behind-the-scenes execution, from wire transfers and capital calls to estate document coordination and tax packet delivery.
  • Lifestyle Services: Personal shoppers, stylists, travel curators, and digital decluttering specialists are just a click away.

One client shared, “I used to think I was being efficient. Then I realized I was just busy. Now, I only spend time on what energizes me.”

That’s the transformation.

The Hidden Tax of Doing It Yourself

There’s an invisible cost to being your own project manager, bookkeeper, travel agent, or family tech support. It’s not just the time; it’s the mental overhead. The decision fatigue. The missed opportunities to be present, creative, or simply at ease.

Ask yourself: How much is an uninterrupted hour of your attention worth?

Now, consider how many of those hours are currently consumed by things you could easily delegate with the right team and system in place.

This isn’t indulgence, it’s strategy.

Behavioral Hurdles: Why Smart People Don’t Delegate Sooner

Despite having the resources, many successful individuals hesitate to outsource more broadly. Why?

  • Control: “It’s just easier if I do it myself.” (Until it isn’t.)
  • Guilt: “Shouldn’t I be able to handle this?” (Yes, but should you?)
  • Trust: “What if they don’t do it right?” (Start small. Train well. Then let go.)

The most effective leaders develop a tolerance for delegation imperfection, recognizing that 80% done by someone else is often better than 100% done by them at the cost of time, stress, or joy.

As Naval Ravikant put it: “If you can outsource it, automate it, or eliminate it—and it doesn’t bring you joy—do it.”

Financial Life as a Case Study in Delegation

Nowhere is the power of outsourcing more evident than in managing a complex financial life. Coordinating investment strategies, tax planning, legal documents, and ongoing administration often requires a level of attention most busy professionals simply don’t have to spare.

Think of what you could offload:

  • Chasing down K-1s or wiring instructions
  • Juggling emails and coordinating plans between CPAs, attorneys, and financial institutions
  • Worrying about missed deadlines or overlooked forms late at night.

Delegating these responsibilities isn’t just about efficiency; it’s about creating space. When your financial systems are well-managed behind the scenes, you’re free to focus on your life’s front stage: your family, your goals, your purpose.

The Emotional ROI of Outsourcing

Beyond the time saved, what our clients consistently tell us is that outsourcing delivers peace of mind.

They feel more present. More spacious. More focused on what matters.

They sleep better, plan better, and parent better, not because they’ve offloaded responsibility, but because they’ve redefined where their energy belongs.

One client summed it up best: “I feel like I got my brain back.”

Final Thought: What Would You Do With 10 Extra Hours This Month?

Would you spend a weekend away with your spouse? Dive into that creative project you keep putting off? Simply sit still and breathe?

Whatever the answer, it begins with a question: What are you still doing that someone else could do better?

At HB Wealth, we help high-performing clients not just build wealth, but reclaim time, energy, and intention. A truly elevated life isn’t about doing more; it’s about doing less of what drains you and more of what matters. Let’s build that life together.

To learn more or get help with your life experiences, please call 404.264.1400 or email us at info@hbwealth.com.

Download this article.

Important Disclosures

This article may not be copied, reproduced, or distributed without HB Wealth’s prior written consent.

All information is as of the date above unless otherwise disclosed. The information is provided for informational purposes only and should not be considered a recommendation to purchase or sell any financial instrument, product, or service sponsored by HB Wealth or its affiliates or agents. The information does not represent legal, tax, accounting, or investment advice; recipients should consult their respective advisors regarding such matters. This material may not be suitable for all investors. Neither HB Wealth nor any affiliates make any representation or warranty as to the accuracy or merit of this analysis for individual use. Information contained herein has been obtained from sources believed to be reliable but are not guaranteed. Investors are advised to consult with their investment professional about their specific financial needs and goals before making any investment decision.

An Update on the Fed’s Dilemma & Q2 Earnings

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As we move into fall, we are watching several topics that we highlighted in this video, including:

· Why investors are expecting that the Federal Reserve (Fed) will resume its rate-cutting cycle at its next meeting in September.

· Which economic data the Fed is focused on as it determines next steps.

· Whether corporate earnings can continue to beat expectations, as the expected tariff impact on inflation and the labor market has yet to materialize.

Watch the video update: https://youtu.be/4Mh4E2I4N5o

If you have any further questions, please reach out to a member of your client advisory team.

Homrich Berg Unveils HB Wealth as New Name, Aligning Under Unified Brand

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$25B RIA’s rebranding reflects national scale and client-centered focus

ATLANTA, GA — August 19, 2025 — Homrich Berg Wealth Management, a leading independent wealth management firm, launched its refreshed brand identity under the new name HB Wealth. This marks an important step in the $25B RIA’s alignment of all offices and teams under a unified brand that reflects its commitment to delivering comprehensive advice and concierge-level care through a fee-only approach.

The HB Wealth name preserves the strength and recognition of “HB,” while presenting a more modern and premium brand to clients, partners, and the broader marketplace. This refined identity was shaped by the firm’s core values and client-first approach, while underscoring its ascent as a leading national advisory firm.

“We are proud to introduce HB Wealth as the next chapter in our firm’s story,” said Thomas Carroll, CEO at HB Wealth. “With a rich, 35-year history, we want to honor the legacy of our founders while reflecting who we are today and where we’re headed. This evolution unites us under a single identity that resonates with clients and partners alike. At our core, we remain committed to doing the right thing at all times, putting clients first, and fostering the collaborative culture that has been essential to our success.”

The move brings all existing teams and offices, including the addition of WMS Partners  earlier this year, into full alignment under the HB Wealth brand. The transition represents a natural progression as the firm grows with shared purpose and consistent client experience across markets. Clients will continue to work with the same trusted advisors and teams, now supported by a fully unified brand.

The rollout will include updated branding across digital platforms, client materials, and office signage, along with a new website experience at hbwealth.com. While the name has changed, the firm’s long-standing commitment to expert advice and exceptional care within a fee-only fiduciary approach remains the same.

“Our goal was to refresh the brand in a way that reflects the distinctive benefits that individuals and families receive when they work with HB,” said Joanna Irwin, Chief Marketing Officer at HB Wealth. “The updated HB Wealth brand positions us to continue to modernize our firm for the future.”

About HB Wealth

Founded in 1989, HB Wealth is a national independent wealth management firm providing fiduciary, fee-only wealth advisory services, investment management, and family office services. As one of the country’s largest fee-only registered investment advisers (RIAs), HB Wealth is headquartered in Atlanta with more than 300 employees operating out of 11 offices across five states, managing over $25 billion for individuals, families, and institutions. With a mission of bringing unwavering financial peace of mind to the clients we are privileged to serve, HB Wealth delivers comprehensive advice and concierge-level care through a fee-only approach. Think of it as the fiduciary standard, elevated. Learn more at hbwealth.com.

Media Contact

Haley Rosa

Gregory FCA for HB Wealth

610-228-2805

HBWealth@gregoryfca.com

Homrich Berg Launches Firmwide Equity Participation Program

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Initiative reinforces commitment to team and culture

ATLANTA – July 15, 2025 – Homrich Berg Wealth Management (HB), a leading fee-only wealth advisor with $25B AUM, launched a new firmwide program to foster a culture of ownership throughout the firm. The initiative provides equity participation to all non-shareholder employees, reinforcing HB’s belief that team members who contribute to the firm’s long-term success should also share in its rewards.

The Equity Participation Program is designed to offer meaningful incentives to attract and retain top talent while reflecting HB’s culture of collaboration and shared achievement. Employees who participate in the program have the opportunity to benefit financially over time, including in the event of a future liquidity event or recapitalization. The initiative is supported by HB’s minority investment partners TPG Growth and New Mountain Capital.

“This program is about building a firm that rewards people not just for their day-to-day performance but for their contribution to HB’s long-term success,” said Thomas Carroll, CEO of Homrich Berg. “As we grow, we want our team to feel recognized and appreciated for their hard work and motivated to stay invested in our mission.”

New hires will be eligible to receive equity participation units as part of their offer package, a move that formalizes HB’s commitment to recognizing and rewarding the people behind its expert advice and exceptional client service.

“We believe that broad employee ownership supports our collaborative culture and encourages all of us to work as a single team” said Kyle Glenn, Chief Operating Officer at Homrich Berg. “This program helps ensure that everyone at HB has a stake in the value that we are working together to create.” 

“Employee ownership is a meaningful way to strengthen company culture and drive long-term performance,” added David Trujillo, Co-Managing Partner of TPG Growth. “HB continues to lead by example, and this initiative reflects its thoughtful approach to growth, people, and purpose.”

The program was developed in partnership with Ownership Works, a nonprofit that helps companies and investors launch broad-based employee ownership programs that can unlock new levels of success for businesses and promote meaningful wealth-building at work.

Read more here: https://www.businesswire.com/news/home/20250722022488/en/Homrich-Berg-Launches-Firmwide-Equity-Participation-Program

About Homrich Berg

Founded in 1989, Atlanta-based Homrich Berg is a national independent wealth management firm that provides fiduciary, fee-only investment management and financial planning services, serving as the leader of the financial team for our clients, including high-net-worth individuals, families, and not-for-profits. Homrich Berg manages over $25 billion for clients nationwide.

About TPG

TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $251 billion of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities. For more information, visit www.tpg.com.

About Ownership Works

Ownership Works is a nonprofit organization on a mission to increase prosperity through shared ownership at work. The organization partners with business leaders and investors to provide all employees with the opportunity to become owners at work and participate in the success they help create. To learn more, please visit ownershipworks.org.

Contacts

Tyler Bachik
Gregory FCA
610-849-6806
tylerb@gregoryfca.com

Overview Of The “One Big Beautiful Bill”

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On July 4, 2025, President Trump signed into law a sweeping bill commonly known as the “One Big Beautiful Bill Act” (OBBBA). However, a more fitting name for the legislation may have been the “Tax Reforms Universally Made Permanent” Act because (in addition to allowing for a clever acronym) the most significant aspect of this legislation is that it makes permanent the individual income tax provisions of the Tax Cuts and Jobs Act (TCJA) which Trump championed during his first term as president. The TCJA permanently lowered the corporate tax rate to 21%, but all of the individual tax provisions were set to expire at the end of 2025. For background on why the individual tax provisions weren’t made permanent under the TCJA, see Election 2024 – Tax Policy Outlook.

Below is an overview of some of the key TCJA tax provisions that were made permanent as well as some new provisions enacted under the OBBBA.

Individual Provisions

Standard vs Itemized Deductions. Taxpayers can elect to take either the standard deduction or itemized deductions. Beginning in 2025 the standard deduction is permanently increased to $15,750 for single filers and $31,500 for MFJ and indexed for inflation. The increased standard deduction significantly reduces the number of taxpayers who itemize, but there were also changes to itemized deductions including the following:

  • For 2025-2029, the state and local tax (SALT) deduction limit for individuals increases from $10,000 to $40,000 with 1% annual increases, but beginning in 2030, the cap permanently reverts to $10,000. In addition, the increased SALT deduction limit is phased out for taxpayers with AGI over $500,000. There is no SALT deduction limit for pass-through entities that elect to pay tax at the entity level.
  • Beginning in 2026, itemized charitable deductions are allowed only for charitable contributions to the extent they exceed 0.5% of AGI.
  • Beginning in 2026, the existing reduction to itemized deductions for taxpayers with AGI above a certain limit (the Pease limitation) is replaced with a uniform cap under which itemized deductions for taxpayers in the 37% bracket are reduced by 2/37, limiting them to a $0.35 tax benefit per $1 deducted.

Below-The-Line Deductions. There are a number of new or expanded tax provisions available to both itemizers and non-itemizers. These are referred to as below-the-line deductions because they do not impact adjusted gross income (AGI). Below are the key provisions:

  • For 2025-2028, seniors age 65+ are eligible for an additional $6,000 deduction. This deduction is phased out for taxpayers with AGI over $75,000 for single filers and $150,000 for married filing jointly (MFJ).
  • For 2025-2028, taxpayers may deduct up to $10,000 of interest on new car loans on US-assembled passenger vehicles. This deduction is phased out for taxpayers with modified AGI in excess of $100,000 ($200,000 for MFJ).
  • For 2025-2028, taxpayers may deduct up to $25,000 for qualified tips and up to $12,500 ($25,000 for MFJ) of qualified overtime income. This deduction is phased out for taxpayers with AGI over $150,000 ($300,000 for MFJ).
  • Beginning in 2026, taxpayers may take a charitable deduction of up to $1,000 ($2,000 for MFJ) for charitable contributions of cash. Contributions to supporting organizations and donor advised funds are not eligible for the deduction.

Tax Credits. The OBBBA expands and adds certain tax credits but eliminates others. Below is an overview of the changes:

  • Beginning in 2025, the child tax credit is made permanent and increased to $2,200 per qualifying child, indexed annually for inflation. This credit is phased out for taxpayers with AGI over $200,000 ($400,000 for MFJ).
  • The clean vehicle credit of up to $7,500 for new vehicles is eliminated on 9/30/2025.
  • The previously owned clean vehicle credit for up to $4,000, the energy efficient home improvement credit for up to 30% of qualified improvements up to a $1,200 annual limit, and the residential clean energy credit for 30% of qualified clean energy expenditures are eliminated on 12/31/2025.
  • The credit for qualified new energy efficient homes for up to $5,000 per home is eliminated on 6/30/2026.

Alternative Minimum Tax (AMT). The increased AMT exemption amounts are made permanent but with an increased phase-out rate. AMT is a parallel tax calculated at a flat rate based on AMT taxable income, which is a taxpayer’s AGI plus certain preferential tax items that are not included for purposes of the regular tax calculation (including the difference between exercise price and fair market value on exercised Incentive Stock Options (ISOs)). The increased AMT exemption significantly reduces the number of taxpayers subject to AMT, but taxpayers with unexercised ISOs should be aware of how exercising the options could impact AMT.

529 Qualified Expenses. For distribution made after July 4, 2025, the definition of “qualified expenses” is expanded to include qualified postsecondary credentialing expenses and certain expenses in connection with attendance at an elementary or secondary public, private, or religious school. Beginning in 2026, the annual distribution limit for primary and secondary education expenses increases from $10,000 to $20,000 per beneficiary.

Qualified Opportunity Zones (QOZs). The OBBBA establishes a permanent QOZ policy, which will go into effect in 2027. Investment in QOZs can allow for the deferral and partial elimination of capital gains.

Estate and Gift Tax. The estate and gift tax exemption amount is permanently increased to $15M per person in 2026 and will be indexed annually for inflation.

Business Provisions

Qualified Business Income (QBI). The ability for owners of pass-through businesses to deduct up to 20% of their QBI is made permanent.

Qualified Small Business Stock (QSBS). Business owners may exclude a portion of their gain on the sale of QSBS acquired after July 4, 2025: 50% exclusion if held for three years; 75% exclusion if held for four years; and 100% exclusion if held for five years or more. The OBBBA also increases the eligibility limit on the corporation’s aggregate gross assets at the time of issuance from $50M to $75M.

R&E Expensing and Bonus Depreciation. Beginning in 2025, businesses can immediately expense all domestic research and experimental costs and are allowed an immediate 100% bonus depreciation expense for the purchase or construction of manufacturing facilities that meet the requirements for qualified production property.

Conclusion

This piece focuses on the more significant OBBBA provisions impacting individuals, but coming in at nearly nine hundred pages, the OBBBA is an enormous piece of legislation that contains other provisions that may be important to specific individuals. As with any significant legislation, it is important to discuss the changes with your financial advisor to determine how they may impact your personal plan.

Download this article.

If you have any questions or would like to discuss further, please reach out to your client service team, or call 404.264.1400. You can also visit us on the web at HomrichBerg.com.

Important Disclosures

This article may not be copied, reproduced, or distributed without Homrich Berg’s prior written consent.

All information is as of date above unless otherwise disclosed.  The information is provided for informational purposes only and should not be considered a recommendation to purchase or sell any financial instrument, product or service sponsored by Homrich Berg or its affiliates or agents. The information does not represent legal, tax, accounting, or investment advice; recipients should consult their respective advisors regarding such matters. This material may not be suitable for all investors. Neither Homrich Berg, nor any affiliates, make any representation or warranty as to the accuracy or merit of this analysis for individual use. Information contained herein has been obtained from sources believed to be reliable but are not guaranteed. Investors are advised to consult with their investment professional about their specific financial needs and goals before making any investment decision.

©2025 Homrich Berg.

HB Economic & Investment Outlook – Q2 2025

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In this video, Ross Bramwell gives our current commentary on the markets and the economy. Here are some key economic and investment themes that we will be covering.

  • Tariff de-escalation and easing geopolitical tensions have supported market highs.
  • A few initial trade deals are done, but Eurozone and other deals may take longer.
  • The Fed is likely to hold rates as inflation and unemployment risks remain balanced. Tariffs have not impacted inflation data.
  • U.S. consumer spending is holding up, but signs of caution are emerging.
  • Labor market strength is key; jobless claims will be closely watched as jobs data has softened recently.
  • CEO sentiment has improved modestly with lower tariff uncertainty.
  • Q1 earnings beat expectations; Q2 may show more tariff impact.
  • Overall positioning – Diversification remains important amid policy and economic uncertainty. We remain cautious but believe recession risk has eased for now, but remains a concern if Trump feels emboldened to be more aggressive on tariffs by tax bill passage.

Watch here: https://youtu.be/Q7SvL8HVAEs

It’s Halftime

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Just like that, in the blink of an eye, 2025 is halfway over. We’ve hit halftime. And like any good football fan knows, halftime can make or break the game.

This is the moment when winning teams pause to assess what’s working, what’s not, and make the adjustments needed to finish strong. The same applies to our financial lives. The big question isn’t can we assess where we stand, it’s will we? Will we take the time to reflect, check the numbers, and course-correct where needed?

Here are six key areas to review as you head into the second half of the year:

1. Am I Meeting My Saving Goals?

  • If not, what’s one thing I can do now to move closer to my goal?
  • If I am, can I stretch a little further?
    • Could I increase my 401(k) contribution by 1%?
    • Could I boost my monthly savings transfer by $25, $50, or even $100?

2. Are My Investments Aligned with My Time Horizon?

  • Short-term needs (e.g., emergency fund, upcoming travel) should be in conservative vehicles like a high-yield savings account, CDs, or short-term Treasuries.
  • Long-term goals may warrant more aggressive strategies depending on your risk tolerance. Domestic and international equities may be appropriate.
  • Pro tip: Talk with your advisor to confirm your allocations still align with your goals and life stage.

3. Has My Debt Situation Improved Since January 1st?

  • If yes, what’s one thing I can do to accelerate progress? Could I increase payments by $25, $50, or $100?
  • If no, what can I do now to refocus and regain momentum?

4. Is My Insurance Coverage Up to Date?

  • Have I reviewed my home, auto, and umbrella policies recently to ensure adequate coverage at competitive rates?
  • Do I have enough life insurance—and do I know when any term policies expire?
  • Are my beneficiaries current?
  • Should I explore long-term care insurance or review my disability coverage?

5. Are My Estate Planning Documents Up to Date?

  • Wills – Outline who receives your assets and who will care for minor children.
  • Financial Power of Attorney – Names someone to handle your financial matters if you’re unable to do so.
  • Health Care Directive/Medical POA – Names who can make medical decisions on your behalf and outlines your wishes for care.
  • HIPAA Release – Authorizes others to access your medical information.

Note to parents of college-aged children: Once your child turns 18, you no longer have automatic access to medical or financial decisions. They’ll need to complete their own POAs and HIPAA releases.

Unsure where to start? Check out HB Family Wealth Strategist Abbey Flaum’s estate planning video series on HB’s YouTube channel.

6. Does My Financial Partner Know the Essentials?

  • Where accounts are held (and how to access them)
  • Key passwords and two-factor authentication steps
  • Location of estate documents, insurance policies, and key contacts
  • Utility and service providers, and how bills are paid
  • Access to email and digital tools in case of emergency

A shared understanding of your financial life is one of the greatest gifts you can give both your partner and you.

Bonus Check-In: How Are Your Dreams Progressing?

Let’s not forget the why behind all this planning.

  • Do you have a dream vacation, side hustle, creative project, or personal goal you’ve been putting off?
  • Now’s a great time to bring it back into focus. Write it down. Take one small step toward it.

The Bottom Line

2025 may be halfway over, but there’s still plenty of time to make meaningful progress. Use this halftime moment to realign, reenergize, and recommit to your goals, your values, and your future.

Think about your December 31st self. What would make them proud?

What would your January 1st self be grateful for if you had started today?

If you’d like a deeper dive into how to align your spending and savings with your goals, join me for a free webinar on July 22nd at noon ET: I Have Some Money, Now What? It’s All About Cash Flow. Click here to register.

Here’s to a strong second half!

To learn more or get help planning your financial goals, please email me at gildea@homrichberg.com.

Download this article.

Important Disclosures

This article may not be copied, reproduced, or distributed without Homrich Berg’s prior written consent.

All information is as of date above unless otherwise disclosed.  The information is provided for informational purposes only and should not be considered a recommendation to purchase or sell any financial instrument, product or service sponsored by Homrich Berg or its affiliates or agents. The information does not represent legal, tax, accounting, or investment advice; recipients should consult their respective advisors regarding such matters. This material may not be suitable for all investors. Neither Homrich Berg, nor any affiliates, make any representation or warranty as to the accuracy or merit of this analysis for individual use. Information contained herein has been obtained from sources believed to be reliable but are not guaranteed. Investors are advised to consult with their investment professional about their specific financial needs and goals before making any investment decision.

©2025 Homrich Berg.

You Maxed Out Your Retirement Accounts. Now What?

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For high earners who’ve already checked the box on maxing out 401(k)s, IRAs, and HSAs, the obvious question becomes: what’s next?

It’s a good problem to have, but it’s still a challenge if you’re aiming for a fully optimized, tax-efficient, and purpose-driven financial plan. The truth is, hitting the contribution ceiling on traditional retirement accounts is just the beginning. The next tier of wealth building requires a different set of tools.

Leveling Up: Beyond the Basics

Maybe you’ve already hit the 2025 limit of $23,500 on your 401(k), and if you’re over 50, you may have also taken advantage of the additional $7,500 catch-up contribution. Maybe you’ve funded your backdoor Roth IRA and topped off your HSA with the annual maximum. Great. But what do you do with the excess capital that continues to accumulate?

It’s time to think beyond retirement and into wealth strategy.

Strategy #1: Seek to Optimize Taxable Brokerage Accounts

Taxable accounts often get overlooked, but for high earners, they offer differentiated flexibility. These accounts don’t come with contribution limits or early withdrawal penalties. That means they can serve as a powerful bridge between now and retirement, or support goals that aren’t age dependent.

Here’s where the nuance comes in:

  • Tax-efficient investing (think direct indexing, municipal bonds, or even more advanced tax-efficient investing)
  • Strategic asset location (placing tax-inefficient assets in tax-sheltered accounts while using taxable accounts for growth-oriented stocks)
  • Capital gains harvesting (even high earners can use this strategically in years with lower income or large charitable deductions)

Your brokerage account isn’t just a spillover bucket—it’s one of your most flexible sources of future freedom.

Strategy #2: Health Savings Account (HSA) as a Stealth Retirement Account

If you’re eligible for an HSA and you’re not using it as a long-term investment vehicle, you might be leaving an opportunity on the table.

Many affluent investors don’t realize that the HSA is the only account with a designed triple tax advantage: contributions are tax-deductible, growth is tax-deferred, and qualified withdrawals are tax-free. Rather than using HSA funds annually for medical expenses, consider paying out of pocket and allowing the HSA to grow, potentially becoming one of your most tax-efficient accounts in retirement.

Strategy #3: Consider a Mega Backdoor Roth

If your 401(k) plan allows for after-tax contributions and in-plan Roth conversions, you might be able to stash an additional amount into a Roth account each year. This strategy, known as the Mega Backdoor Roth, can be a powerful way to convert non-deductible dollars into tax-free growth.

But beware: implementation can be tricky. Make sure your plan explicitly supports after-tax contributions and automatic in-plan Roth rollovers or work closely with your advisor and plan provider to avoid accidental double taxation.

Strategy #4: Invest in Yourself or Your Business

Not every investment needs to be in the market. For many high earners, reinvesting capital into a business, building a personal brand, or developing a side venture can offer compelling returns, financial and otherwise.

Whether it’s funding an advisory firm’s growth, purchasing real estate for passive income, or upskilling through executive education, strategic self-investment often yields returns that compound far beyond a portfolio statement.

As Warren Buffett has said, “The best investment you can make is in yourself.”

Strategy #5: Charitable Giving with Intent

If giving back is part of your values, or if you’re looking to manage a particularly high-income year, charitable strategies like donor-advised funds (DAFs) or qualified charitable distributions (QCDs) can align purpose with planning.

You may also consider charitable bunching, grouping multiple years of donations into one high-deduction year, then taking the standard deduction in others.

This isn’t just about tax deductions, it’s about using your wealth to reinforce what matters most to you.

The Next Chapter of Planning

Once your retirement contributions are maxed, the real strategic planning begins. This is where personalized, holistic thinking rises to the top.

What are you optimizing for: freedom, legacy, impact, or security?

At HB, we believe wealth should be purposeful, not just plentiful. If you’re in this stage of financial evolution, we’re here to help you move confidently from accumulation to intentional wealth building.    

To learn more or get help with your life experiences, please call 404.264.1400 or email us at info@hbwealth.com.

Download this article.

Important Disclosures

This article may not be copied, reproduced, or distributed without Homrich Berg’s prior written consent.

All information is as of date above unless otherwise disclosed.  The information is provided for informational purposes only and should not be considered a recommendation to purchase or sell any financial instrument, product or service sponsored by Homrich Berg or its affiliates or agents. The information does not represent legal, tax, accounting, or investment advice; recipients should consult their respective advisors regarding such matters. This material may not be suitable for all investors. Neither Homrich Berg, nor any affiliates, make any representation or warranty as to the accuracy or merit of this analysis for individual use. Information contained herein has been obtained from sources believed to be reliable but are not guaranteed. Investors are advised to consult with their investment professional about their specific financial needs and goals before making any investment decision.

©2025 Homrich Berg.

The Leadership Legacy: Beyond Wealth, What Will Your Family Inherit?

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The wealth of a family isn’t measured just in dollars—it’s measured in values, vision, and leadership.

For those who have built and led a closely held family business, wealth is more than financial—it’s a legacy. But while estate plans, trusts, and succession strategies ensure assets are passed down, the real question remains: What else are you leaving behind?

The true test of a successful transition isn’t just about preserving wealth—it’s about passing on the resilience, decision-making ability, and leadership skills that created that wealth in the first place.

Here’s how business owners can shape a legacy that endures beyond balance sheets.

Passing Down the Vision, Not Just the Business

The first generation of a family business often starts with a clear purpose—a vision that drives every decision, risk, and sacrifice. By the second or third generation, that vision can blur if it’s not intentionally passed down.

How do you ensure your successors inherit the same sense of purpose?

Document Your “Why”: Share the story of why you started the business, the values that guided you, and the defining moments that shaped its success.

Create a Legacy Statement: Go beyond the financials—what do you want your leadership and wealth to represent in future generations?

Lead by Example: Engage the next generation in decision-making early, not just when succession planning becomes urgent.

Case in Point: Some of the most successful family enterprises host “legacy retreats,” where multiple generations come together to align on the future of the business and the family’s mission.

The Hidden Power of Family Storytelling

Psychologists have found that children who know their family’s history—especially the struggles and triumphs—develop a stronger sense of identity and resilience.

When transitioning leadership, storytelling isn’t just sentimental—it’s strategic.

  • Share the mistakes, not just the victories—lessons are often more powerful than lectures.
  • Highlight the defining values that helped the business overcome challenges.
  • Reinforce the idea that wealth isn’t just an inheritance; it’s a responsibility.

A Thought: What are the five most important lessons you’ve learned as a leader? Have you shared them?

Mentorship Over Management: Shaping Future Leaders

One of the biggest pitfalls in family businesses is assuming that the next generation will be “ready” when the time comes. But leadership isn’t inherited—it’s developed.

How to build leadership before the transition:

  • Encourage real-world experience outside the family business.
  • Assign increasing responsibility within the company before leadership is formally handed over.
  • Introduce mentors from outside the family to provide unbiased guidance.

Many family business leaders take a phased approach—allowing the next generation to lead select initiatives before fully stepping back. This builds confidence and ensures readiness before the full transition.

Your Role in the Legacy—After You Step Back

For many business founders, stepping away isn’t just about financial security—it’s about identity. After years of driving the company, what comes next?

The shift from operator to advisor is crucial. A graceful transition doesn’t mean fading into the background—it means stepping into a role that allows you to offer guidance in meaningful and positive ways.

  • Find new ways to contribute—whether through philanthropy, advisory roles, or mentorship.
  • Maintain involvement in key decisions, but trust the next generation to lead.
  • Build a legacy beyond the business—through family values, community impact, and personal growth.

Key Point: The best transitions happen when leaders recognize that their legacy is not just the business itself, but the development of the team to carry it forward.

Final Thought: What Will Be Remembered?

At the end of the day, true wealth is more than financial assets—it’s the mindset, resilience, and leadership skills passed from one generation to the next.

Ask yourself:

  • What will your family remember most about your leadership?
  • What stories will they tell about how you handled challenges?
  • What values will they carry forward because of your influence?

These are the real measures of a lasting legacy and an inheritance that endures.

To learn more or get help with your life experiences, please call 404.264.1400 or email us at info@hbwealth.com.

Download this article.

Important Disclosures

This article may not be copied, reproduced, or distributed without Homrich Berg’s prior written consent.

All information is as of date above unless otherwise disclosed.  The information is provided for informational purposes only and should not be considered a recommendation to purchase or sell any financial instrument, product or service sponsored by Homrich Berg or its affiliates or agents. The information does not represent legal, tax, accounting, or investment advice; recipients should consult their respective advisors regarding such matters. This material may not be suitable for all investors. Neither Homrich Berg, nor any affiliates, make any representation or warranty as to the accuracy or merit of this analysis for individual use. Information contained herein has been obtained from sources believed to be reliable but are not guaranteed. Investors are advised to consult with their investment professional about their specific financial needs and goals before making any investment decision.

©2025 Homrich Berg.

What We’re Watching As Summer Begins

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In this video, Ross Bramwell covers a couple of topics we’re watching as summer begins:

  • Reasons why the stock market has been hitting resistance levels in recent weeks.
  • Whether rising bond yields are a risk to the stock market.
  • What the administration might do next, as Trump’s tariffs were struck down by a federal court, although they were upheld by an appeals court, and will stay in place for now.

If you have any questions, please reach out to a member of your client service team. Watch here: https://youtu.be/3Tii-DoSa2Q?feature=shared

What Is Your Graduate Graduating To?

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For many, the end of the school year marks the season of graduations. It’s a whirlwind—so busy, exciting, emotional, and involved. There are parties, to-do lists, pictures, gowns, and diplomas. Everyone talks about what students are graduating from—from high school, from college, from grad school.

But rarely do we talk about what they’re graduating to—a new school, a job, or the so-called “real world.” It’s there in the background, but graduation season tends to look backward rather than forward.

So, what is your graduate graduating to this year? Are they stepping into a new level of financial responsibility? Transitioning from financial dependence to independence? This season offers a great opportunity to help your kids graduate to better money habits.

For Grade School Kids:

Consider introducing a weekly allowance, with a clear boundary: that’s all they get. Treats, activities, and impulse purchases must come from that one pot. You might be surprised at how differently each child manages their funds. As they get older, their financial responsibilities should grow, too.

For Middle Schoolers:

This is a great time to tie income to initiative. Bigger jobs equal bigger pay. Babysitting, pet-sitting, or neighborhood yard work can help them earn. Are you reinforcing good habits around giving, saving, and spending now that they’re making their own money?

For High Schoolers:

It’s time for a real job. For teens under 16, that may mean helping neighbors or family friends. For those over 16, a part-time job in retail or food service builds both experience and income. Set expectations: Should they save a portion of their earnings? Should they cover some of their own costs, like gas or their phone bill? The older they get, the more their money should go toward needs, not just wants.

For College Students:

This is the season to talk about managing a budget, building savings habits, and preparing for future expenses. Whether they’re working part-time or interning, encourage them to understand the cost of everyday bills—car insurance, maintenance, and phone plans. These “real-life” expenses are right around the corner. Are they ready?

Amid all the excitement of graduating from, take some time to help your kids think about what they’re graduating to. Summer offers a slower pace; use it to plant the seeds of lasting financial habits.

Want to dig deeper into helping your student Start Their Financial Journey on the Right Foot?
Join my free Financial Foundations webinar on June 10th from 12:00–1:00 p.m. Click here for more information and to register.

To learn more or get help planning your financial goals, please email me at gildea@homrichberg.com.

Download this article.

Important Disclosures

This article may not be copied, reproduced, or distributed without Homrich Berg’s prior written consent.

All information is as of date above unless otherwise disclosed.  The information is provided for informational purposes only and should not be considered a recommendation to purchase or sell any financial instrument, product or service sponsored by Homrich Berg or its affiliates or agents. The information does not represent legal, tax, accounting, or investment advice; recipients should consult their respective advisors regarding such matters. This material may not be suitable for all investors. Neither Homrich Berg, nor any affiliates, make any representation or warranty as to the accuracy or merit of this analysis for individual use. Information contained herein has been obtained from sources believed to be reliable but are not guaranteed. Investors are advised to consult with their investment professional about their specific financial needs and goals before making any investment decision.

©2025 Homrich Berg.

Planning for Summer Break As A Single Mom

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Summer break is just around the corner, and as a newly single mom, you might be worried about how to create a fun and memorable experience for your children without stress. Whether you’re looking to keep things budget-friendly, stay local, or take a big adventure, here’s how to plan a summer break that works for you and your kids.

Set Your Budget and Expectations

Before you get caught up in vacation dreams, look at your finances. Ask yourself:

  • Can I afford a trip, or should I focus on local activities?
  • Do I need to split time with their dad?
  • How much time can I take off from work?

Once you set your budget, you can start planning in a way that won’t leave you feeling overwhelmed. If a big trip isn’t possible this year, that’s okay—your kids will remember the time you spent together more than the money spent.

Choose a Destination (or Staycation Plan!)

Here are a few options depending on your budget and situation:

  • Road Trip Adventure – If a full vacation isn’t in the cards, a simple road trip to a nearby city, national park, or beach can be a great way to get away without breaking the bank.
  • Staycation Fun – Explore your own city like a tourist! Book a night at a local hotel, visit museums, try new restaurants, or do a scavenger hunt in your town.
  • Budget-Friendly Travel – Look for last-minute deals on flights or vacation rentals, or consider a simple camping trip in nature.
  • Home-Based Fun – Plan themed days at home, such as a movie marathon, arts and crafts day, or DIY backyard camping.

Keep It Simple and Kid-Friendly

The key to a successful summer break is making sure it’s enjoyable for everyone, including you!

  • If traveling: Keep your itinerary light. Too many activities in one day can leave everyone feeling exhausted.
  • If staying home: Let your children be part of the planning process! Let them pick a theme for each day—one day could be “Beach Day” with water games, another could be “Science Day” with fun experiments.
  • Plan downtime: Whether you’re at home or on the go, don’t pack the schedule too tightly. Children (and parents) need moments to just relax.

Co-Parenting Considerations

If your children are splitting time with their other parent over the break, try to plan ahead to avoid last-minute stress. Work out a fair schedule, and if necessary, use apps like OurFamilyWizard to keep communication smooth.

For the time during the break when you won’t have your children, plan something enjoyable for yourself! A short getaway, a spa day, or catching up with friends over coffee can be great ways to recharge your batteries.

Pack Smart & Plan for Flexibility

If you’re traveling, make a checklist of essentials, especially if you’re going somewhere with unpredictable weather. If you’re staying home, have backup plans in case of bad weather or unexpected changes.

Final Thoughts

With only a few summer breaks before the children graduate, it is important to remain focused on creating joy and making memories, not about perfection. Whether you’re hitting the road or keeping it simple at home, focus on the laughter, quality time, and special moments with your children. What’s most important is that they feel loved and supported, and that you have a chance to enjoy this new chapter in life, too. You’ve got this!

To learn more or get help with your finances, please visit us at homrichberg.com, send an email to info@hbwealth.com, or call 404.264.1400.

Download this article.

Important Disclosures

This article may not be copied, reproduced, or distributed without Homrich Berg’s prior written consent.

All information is as of the date above unless otherwise disclosed. The information is provided for informational purposes only and should not be considered a recommendation to purchase or sell any financial instrument, product, or service sponsored by Homrich Berg or its affiliates or agents. The information does not represent legal, tax, accounting, or investment advice; recipients should consult their respective advisors regarding such matters. This material may not be suitable for all investors. Neither Homrich Berg nor any affiliates make any representation or warranty as to the accuracy or merit of this analysis for individual use. Information contained herein has been obtained from sources believed to be reliable but are not guaranteed. Investors are advised to consult with their investment professional about their specific financial needs and goals before making any investment decision.

©2025 Homrich Berg.