This is a short excerpt from a YouTube video by Craig Wear, CFP® arguing that Roth conversions are a specialized area of tax and financial planning that typical CPAs and many financial advisors do not focus on. Wear emphasizes his firm's specialization and high volume—"hundreds and hundreds" of Roth conversions per year—framing that experience as the basis for confident recommendations.
Your CPA probably knows a lot about how to pay taxes and how to account for them, but most of them don't really specialize in this area of coming to a client saying you should pay more tax in order to put you in a better position. Most financial advisors and investment people, this is just not their bailiwick. They don't, they don't study it. It's not their specialty. Our advisors are kind of specialists in this area. And so that's why I can talk so confidently is we do hundreds and hundreds of these every single year. And so we've seen a lot and we've talked to a lot of people.
