• In The News:
    Share This:

    Financial Planning Articles


    You have landed on the Financial Planning Section of the Financial Planner LA Blog.  In this section, you will find articles on a variety of personal finance topics tailored for the people of Los Angeles who need financial planning guidance.

    My goal as a Certified Financial PlannerTM (CFP)® Accredited Investment Fiduciary™ AIF®  is simply to help you achieve your Financial Goals faster and easier. That means helping my clients like yourself to build, protect and distribute their wealth. With me as the coach in your financial corner, you will always experience excellent service while striving for financial independence.  Making smarter financial decisions along the way makes making other smart financial decisions easier.

    I am committed to maintaining the highest standards of integrity and professionalism in our relationship with you, my client. As a fiduciary financial advisor, I endeavor to know and understand your financial situation and provide you with only the highest level of support to help you reach all of your financial goals. This may include but is not limited to financial planning, investment and portfolio management, tax planning, as well as estate planning strategies.

    Make sure to join our Los Angeles Financial Advisor email list to get the best financial planning articles of the past month sent right to your inbox.

    Keep checking back for more post on how you can live your happiest, healthiest and wealthiest life.

    Vanguard Financial Advisor David Rae
    David Rae Financial Planner LA on the ABC 7 News with Ellen Leyva and Coleen Sullivan

    Live for Today, Plan For Tomorrow.

    David Rae, Certified Financial Planner™, Accredited Investment Fiduciary™

    West Hollywood Financial Adviser

    President / Founder DRM Wealth Management, LLC 323-905-4380

    New Mansion Tax Will Hit Many Los Angeles Home Owners

    Los Angeles has just implemented a new tax on some residents when they sell their homes. This new transfer tax is in addition to plain old property taxes and capital gains taxes you will owe on the appreciation of your home when …

    The New Capital Gains Rates For 2023

    To make the best investing choices you need to know about the taxes you will owe when your investments go up. Financial Planner LA outlines the capital gains taxes on investment gains.

    How The Cash Balance Pension Helps You Reduce Your Taxes And Boost Retirement Security

    Looking for more tax deductions to help your business pay fewer taxes? A Cash Balance Pension Plan may be the keep to keeping more of your hard earned money.

    2 Billion Dollar Powerball Winner: What Should They Do Now Video

    Financial Advisor LA appears on the NBC with your Powerball Winning Guide. How to keep more of your winnings and minimize taxes.

    Tax Planning Tip: How To Use An SBLOC To Lower Your Taxes Today

    How the rich use the Buy Borrow Die Strategy to avoid paying taxes. You can use the tax planning tip to avoid capital gains taxes on your investments.

    What Is The Maximum Social Security Retirement Income For 2023?

    Are Social Security Taxable? What is the maximum amount you can receive from Social Security Retirement? These and you other questions answered by Financial Planner LA.

    19 Valuable Tax Deductions For California Small Businesses

    California small business taxes can top 53%. Here are 19 valuable tax deductions for the self-employed and small business owners.

    How To Lower Your Small Business Taxes With a Solo 401(k)

    It isn’t how much you make but how much you keep. How the Solo 401(k) can help business owners slash their tax bills in 2021.

    Best Palm Springs Financial Planner For You: Video

    Palm Springs financial planner for you David Rae offers tax planning, retirement planning and investment planning. He wants your life to be better because he is in it.

    Best Los Angeles Financial Advisor For You: Video

    You have found the site for the best Los Angeles financial advisor. The FUN CFP is specializes in tax planning and financial planning for the gay community.

    Is The Defined Benefit Plan The Best Way For Business Owners To Minimize Taxes?

    The Defined Benefit Pension plan is a great way to lower you taxes if you make $500,000 or more per year. The tax planning financial advisor shares what you need to know abou this valuable tax planning strategy.

    4 Reasons To Fire Your Financial Advisor When Inheriting Assets

    Should you get a new financial advisor when receiving an inheritance? How to get the best tax planning and inheritance planning advice.

    Is Your Financial Advisor Giving You The Best Tax Planning Advice?

    Does your Los Angeles Financial Advisor offer tax planning guidance? They may no even be allowed to offer tax saving tips. What you need to know to get the best tax advice.

    3 Bear Market Costly Investing Mistakes KCAL 9 Video

    Financial Advisor LA on KCAL News VIDEO talking bear market 2022.

    How to Open A Sep IRA with Self Employment Income

    You need to know the SEP IRA contribution limits to make sure you can minimize the taxes on your small business income.

    How To Take The Stress Out Of Taxes For Business Owners

    Minimizing taxes may be the difference between a profitable business and one that is just scraping by. You all are probably thinking, “I don’t have extra time do deal with taxes.”   I heard your concerns, and that’s why I’ve come up with seven tips that will help lower your tax bill and won’t take a ton of time.

    Three Investing Mistakes to Avoid, They Will Cost You A Bundle!

    Investing Mistakes to Avoid. 3 big investing mistakes to avoid, if you don’t it will cost you a bundle. I’m extremely lucky to have a smart and successful group of clients, many of whom came to me after falling victim …

    First Million is the Hardest How to Build A Million Dollar Net Worth

    So you want to become a millionaire? We show to build a million dollar net worth. It may be easier than you think.

    Stock Options Basics Get the Most From Your Benefits Now

    Are you lucky enough to have incentive stock options? Want to know more about this valuable employee benefits? Read this post about stock options.

    3.8% Obamacare Medicare Surtax and How to Avoid It.

    High earners are getting hit with the Affordable Care Act Surtax. How to avoid the Obamacare surtax aka Medicare Surtax that is terrible for your tax bill.

    © 2023 Financial Planner Los Angeles


    This site has been published for residents of California (Insurance License # OE10562), Arizona, Ohio, Florida, and Colorado. All information herein has been prepared solely for informational purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security investment or instrument or to participate in any particular trading strategy. Securities and investment advisory services offered through DRM Wealth Management LLC a Registered Investment Adviser. The videos, articles and other content maintained on this site as well as the opinions voiced in this material are resources for educational and general informational purposes only and are not intended to provide specific advice or recommendations for any individual. No information on this site constitutes financial advice and should not take the place of consulting with a certified financial planner and tax, legal or other financial advisor. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing.