Unlock Financial Advantages with a Professional Wealth Advisor

Explore how expert tax guidance can maximize your savings and secure your financial future.


Tax Savings

A study suggests that individuals who use a tax advisor can save an average of 10-20% on their taxes due to more accurate and strategic filing.


Debt Management

Financial planning includes strategies for debt management. Individuals using financial planners often experience a faster debt reduction.


Social Security 

Couples who coordinate their Social Security claims with the help of a financial advisor can increase their combined lifetime benefits by as much as 50%

Your Tax and Wealth Advisory Services

Enhancing Your Financial Journey with Personalized Tax and Wealth Management

Social Security

Maximize your benefits with expert Social Security optimization strategies.

Roth IRA Conversions

Transform your savings with strategic Roth IRA conversion solutions.

Annual Tax Filing

Navigate annual taxes confidently with our expert filing services.

Financial Planning

Secure your future with tailored financial planning expertise.

Tax Planning

Optimize your finances with proactive tax planning strategies.

Employee Stock

Maximize value from employee stock options with expert guidance.

Meet Tom
Your Financial Advisor

With over 30 years in the accounting, tax, and financial advisory field, Thomas Thompson is the principal expert at Tax and Wealth Advisor LLC. He specializes in sophisticated tax and wealth planning, including ROTH conversions and social security optimization, as well as annual tax reporting and financial planning. Thomas provides in-depth analysis for individuals and companies with equity-based compensation plans (such as SARs, RSUs, NQs, and ISOs) and adeptly represents clients in IRS audits and penalty abatements.

Thomas holds a Bachelor's degree in Accounting from Quinnipiac University and is a licensed CPA in Connecticut. He also holds the designations of Personal Financial Specialist (PFS) and Certified Financial Planner (CFP), along with insurance licenses in Connecticut and New Jersey. His comprehensive services encompass Management Consulting, Tax Preparation, Personal Tax Planning, and Small Business Tax Services.

WHY CONVERT? How do ROTH IRAs benefit me?

Roth conversions offer several key benefits for retirement planning. They allow for tax-free growth and tax-free withdrawals in retirement, providing significant tax savings, especially if you expect to be in a higher tax bracket in the future. Unlike traditional IRAs, Roth IRAs have no required minimum distributions (RMDs) during the account holder's lifetime, offering more flexibility and control over your retirement income. This can also be advantageous for estate planning, as heirs can receive tax-free income from the Roth IRA.

Additionally, Roth conversions provide tax diversification, enabling better management of your tax liability in retirement. By converting funds in years when your taxable income is lower, you can potentially reduce your overall tax burden. This strategy also helps in managing the impact of future RMDs by lowering the balance in traditional IRAs. Overall, Roth conversions can enhance your retirement strategy, but it's important to consider the immediate tax impact and consult with a financial advisor to ensure it aligns with your goals.

Maximize Your Retirement: Strategies for Optimal Social Security Benefits

Social Security optimization involves strategically planning when and how to claim Social Security benefits to maximize the total amount received over a lifetime. This process considers factors such as the optimal age to start benefits, spousal and survivor benefits, tax implications, life expectancy, and work status. By carefully evaluating these elements, individuals can make informed decisions to increase their monthly and total benefits, manage tax liability, and ensure financial security in retirement.

For married couples, coordinating claiming strategies can enhance combined benefits, while delaying benefits beyond full retirement age can lead to higher monthly payments. Optimizing Social Security requires a thorough understanding of personal and financial circumstances, and consulting with a financial advisor can help develop a tailored strategy to maximize benefits.

What to Expect When You Meet Tom

When you meet with Tom, you can expect a personalized and comprehensive financial consultation. Tom will take the time to understand your unique financial situation, goals, and concerns. With over 30 years of experience and a friendly, approachable demeanor, Tom is committed to helping you achieve financial success and peace of mind.

Book Your

Take control of your financial future by booking a consultation with Tom. With over 30 years of experience, Tom offers personalized and comprehensive financial guidance tailored to your unique needs and goals. Did you know that individuals who start financial planning early are significantly more likely to achieve a comfortable retirement? In fact, studies show that early planners can have up to 45% more wealth at retirement compared to those who start later. Don't wait—schedule your consultation with Tom today and start building a secure and prosperous future.