Financial Advisors Want to Know: Budgeting, Forecasting & Capacity for RIAs – Ep. 91
Welcome to the Financial Advisors Want to Know Podcast, I’m Catherine Tindall a CPA with Dominion where our focus is helping financial advisors navigate income tax planning and compliance for their firms.
In this episode of the Financial Advisors Want to Know podcast, we speak with fellow CPA and fractional CFO Nancy Jacobson, founder of Xtended Financial Resources. With more than thirty years of experience and a decade spent specializing in RIAs, Nancy helps advisory firms boost profitability using real-time financial data, efficient systems, and strategic planning.
Key Takeaways:
Real-time data turns accounting into a proactive tool. Firms make better decisions when they see financial shifts as they happen—not months later.
Fast month-end closes enable real forecasting. Timely financials help leaders understand trends, spot issues early, and adjust quickly.
Effective budgets are detailed and data-driven. A strong budget incorporates accurate data, growth expectations, and fully loaded hiring costs.
Capacity planning requires staying ahead of growth. Hiring must happen before capacity breaks to avoid burnout, turnover, and client experience issues.
Process inefficiencies quietly drain profit. Mapping workflows exposes bottlenecks, redundant steps, and areas ripe for improvement before automation.
Connect with Nancy:
https://www.linkedin.com/in/nancyjacobsoncpa
https://xtendedfr.com/
Connect with Catherine:
https://www.linkedin.com/in/ctindallcpa/
Sign-up for our newsletter:
https://dominion-enterprise-services.kit.com/9944b047d9
Contact Catherine's Team:
admin@dominiones.com
Looking for a more holistic relationship with your taxes? Book 15 minutes to have a coffee chat with Catherine to see if you could be doing more:https://calendly.com/ctindall/podcast-getting-to-know-you
Sign-up for our newsletter for the only tax update you’ll need to read and future episodes here and how to get in touch with Catherine: https://dominion-enterprise-services.ck.page/9944b047d9
Visit us atDominionEs.com
Connect with Catherine on LinkedIn
