Certified Public Accountant
Accredited Investment Fiduciary
BIOGRAPHY
Alan Clopine is the Executive Chairman of Pure Financial Advisors, LLC (Pure). He has been an executive leader of the Company for over a decade, including CFO, CEO, and Chairman. Alan joined the firm in 2008, about one year after it was established. In his tenure at Pure, the firm has grown from approximately $50 million in assets under management to almost $5 billion.
Prior to joining Pure, Alan was the founding and senior partner at Clopine & Associates, LLP, a CPA firm established in 1987 and located in San Diego. In addition to providing traditional tax and accounting services for successful individuals and businesses, the firm specialized in real estate, technology, and small business tax planning. The firm was consistently ranked in the top 50 CPA firms in the San Diego Business Journal, “Book of Lists.”
Alan has provided tax planning services for individuals, corporations, and trusts for over 35 years. Alan is the co-host of Your Money, Your Wealth®, a financial talk radio show heard weekly in San Diego on KFMB. The show is available as a podcast. In addition, Your Money, Your Wealth® is a weekly television show that is aired in multiple markets and is available on YouTube.
Alan received a bachelor’s degree from the University of California, San Diego in 1979 and received his CPA certification in 1984. He was the former board president of Vida Joven, a non-profit organization that supports an orphanage in Tijuana. He is actively volunteering with St. Peters Episcopal Church. When his kids were young, he volunteered for over ten years, coaching youth sports in baseball and soccer. Alan enjoys time with family and friends, traveling, staying fit, hiking, golfing, and playing his ukulele. Alan is married to Anne and has two adult sons named Robbie & Ryan.
Alan's Latest Contributions
What is the risk with BDCs, or business development company funds? Edward in Illinois wants to know. Do Pebbles and Bam Bam in Kentuckystone have too much invested in T-bills? Are mutual funds or ETFs a better place for them to invest qualified money in the decumulation phase? Is there a difference between a traditional IRA and a rollover IRA? Keith in Connecticut is 34 and wants a spitball on whether his investments are appropriate for his time horizon. Plus, Gus in Philly needs a withdrawal strategy for his dad’s multi-year guaranteed annuities (MYGAs). Speaking of MYGAs, YouTube viewer Ken thinks everyone should invest in MYGAs and bonds, and nobody should ever pay a financial advisor. What do Joe and Big Al think? Finally, comments on your state of residence for tax purposes, the prorated sale of a primary residence, bonds vs. a pension, and focusing on PERMA – but what is it?
YMYW Podcast Best of 2024: we’re revisiting your favorite topics of last year, spitballing on strategies for building up tax-free retirement income in Roth accounts, determining your appropriate mix of taxable, tax-deferred, and tax-free savings (also known as tax diversification), and finding out whether YMYW viewers and listeners can retire as soon as possible.
Does it make sense for Alex and his wife in Massachusetts to do Roth conversions now to the top of their eventual tax bracket? Steve in San Diego got serious about saving for retirement after Joe and Big Al gave him some tough love 5 years ago. Is he good to retire now, and should he convert to Roth? Can Barbara in New Jersey’s grandson move excess 529 funds to a Roth and withdraw the money after 5 years? P. Ware has a cunning plan to gift appreciated stock to avoid capital gains tax, but will it work? Should Mike create a limited liability company (LLC) for his rental properties? Qualified charitable distributions (QCD) don’t make sense to GetSmart Paul. Sherri in California wonders if her kids can inherit her savings account without any tax penalty, and whether there’s a safe, high-yielding investment she should put it in. Finally, Houry in New York wonders if her IRA can fund a charitable remainder unitrust (CRUT).
