CANFIELD, Ohio – In this excerpt from The Business Journal Roundtable Series featuring wealth building, our panel of financial professionals discuss how individuals can grow and preserve wealth while minimizing tax liability. The conversation centered on the importance of proactive planning, emphasizing that effective wealth-building goes beyond investment returns — it requires a coordinated strategy.
Panelists stressed the value of close collaboration between financial advisors, tax professionals and, in some cases, legal experts. Tactics such as asset location, tax-loss harvesting and strategic use of Roth accounts were cited as ways to enhance after-tax outcomes. The discussion underscored a common theme: Smart financial decisions are rarely made in isolation — and often depend on having the right team in place.
Watch the full discussion HERE.
Read the full transcript HERE.