ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As President of Pure Financial Advisors, Joe Anderson has led the company to achieve over $2 billion in assets under management and has grown their client base to over 2,160 in just ten years of the firm opening. When Joe began working with Pure Financial in 2008, they had almost no clients, negative revenue and no [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CEO & CFO of Pure Financial Advisors. He currently leads Pure Financial Advisors along with Michael Fenison and Joe Anderson. Alan joined the firm about one year after it was established. At that time the company had less than 100 clients and approximately $50 million of assets under management. As of [...]

Published On
May 30, 2015

In this second hour of the podcast, Joe and Al get into tax rules and regulations, real estate investments and Ponzi schemes. Find out how to control your taxes in retirement and how to take advantage of tax laws.


3:47 “A few different things have to happen within that trust document—it needs to be a look-through, see-through trust…there needs to be named beneficiaries on the trust”

7:33 “If you made just a simple mistake in your trust, it can blow up the whole thing”

21:01 “You want to make sure that if you hire an advisor, that there’s a third party such as a separate custodian that handles the money”

21:26 “You want to make sure you understand custody; who’s in control of your cash?  No one cares more about your money than you do”

25:36 “If you ever go to an advisor that wants to handle your money without an outside third party, I would walk away”

28:22 “Control your risk, control your fees, understand exactly what you’re going in to and then more importantly control your taxes”

35:55 “People don’t really realize the benefits of what they have on their tax return or how to take advantage of tax law”