The Hidden Cost of Multiple Advisors: An $86,000 Mistake

The Hidden Cost of Multiple Advisors: An $86,000 Mistake Two advisors. One expensive collision. In this episode I unpack how $86,000 in realized capital gains from an uncoordinated brokerage account cascaded into surprise taxes, higher Medicare premiums through IRMAA, and a missed Roth conversion window. If you split assets across firms, this is your wake up call to coordinate or consolidate.What you will learn• Why multiple advisors often create tax and planning conflicts• How IRMAA works and why income thresholds matter for two full years• The hidden cost of realized gains inside taxable accounts• When Roth conversions make sense and how they can be blocked by bracket creep• A simple checklist to audit your advisor relationships and reduce surprisesChaptersHook and story set upWhy splitting advisors sounds smartThe $86,000 capital gains surprise IRMAA and premium surchargesThe Roth conversion opportunity lostThe system problem and your roleWhat to do next and coordination checklistTakeaways and next stepsFollow us onX.com: https://x.com/AMGinc_ATLInstagram: https://www.instagram.com/assetmanagementgroupinc/LinkedIn: https://www.linkedin.com/company/amgincatl/Facebook : https://www.facebook.com/beyondtomorrowpodcastWebsite: https://www.assetmg-inc.com/YouTube: https://www.youtube.com/@assetmanagementgroupincTikTok : https://www.tiktok.com/@assetmanagementgroupincBlog: https://www.assetmg-inc.com/blogDisclosureEducational content only. Not tax, legal, or investment advice. Tax laws can change. Consult your CPA or advisor about your specific situation.Asset Management Group,Nida financial,The Hidden Cost of Multiple Advisors,shorts,podcast,#podcast,#shorts,financial advisor,financial planner,clash royale,crypto,self improvement,stock market,warren buffett,king finance,premia finance,women in finance,schwab network,wealth building,sara finance,how to become a millionaire,stock market today,how to,consumer finance,financial education,finance for beginners,banking and finance,Roth conversion,Moise