Parsa Vahid

Financial Advisor to the top business owners, executives, and athletes in America. Occasional Podcaster - Fighting and Finance

[Parsa Vahid @PVahid]

@davidlin_TV is a financial journalist and has his own show, The David Lin Report. David reports on some of the most important market-moving events that impact everyone, as well as interviewing experts in finance, economics, politics, science, and technology.

https://t.co/L7dIUCkwzH

Sponsored by: Strand Life Wealth Management

To schedule a free consultation, click the following link: https://t.co/MKv6KrDQa3

[Parsa Vahid @PVahid]

@markcecchini https://t.co/Jc9cDwhcy5

CA Based and very very good

[Parsa Vahid @PVahid]

@markcecchini Shadi Alai and Patrick P for tax side of things at https://t.co/Jc9cDwhcy5

[Parsa Vahid @PVahid]

Unlock incredible tax deferral for real estate families with Qualified Opportunity Zones. Defer taxes for 5 years, then harvest losses to offset gains. The best part? Future appreciation grows tax-free for 30 years. A true game-changer! #QOZ #RealEstateTax

[Parsa Vahid @PVahid]

Foundations seem appealing, but the intricate rules can trap even the wealthiest. Donor-advised funds offer a simpler path for most, unless you specifically want your name on the door or have unique giving needs. #Philanthropy #WealthManagement

[Parsa Vahid @PVahid]

Founders often get lost in building, missing crucial wealth planning moments. Liquidity events are rare chances to shift assets into trusts, saving generations from estate taxes.

[Parsa Vahid @PVahid]

@markcecchini Love fellow advisor stories.

[Parsa Vahid @PVahid]

@markcecchini Would love to hear more details

[BowTiedBull.eth - Read Pinned or NGMI @BowTiedBull]

If you ever get an offer for your business that makes you post economic, you take it. Even if you sell a tad early or you could have gotten a bit more, it does not matter

If you're post economic you can start another biz (everyone does) and lady luck doesn't like greedy people

[Parsa Vahid @PVahid]

Just had a newer (18 month relationship) client, who has a net worth of over $200m, tell me to not do what he did. Worked all through his kids childhood and ended up missing most of it. Told me to make money, but to also know that after a certain amount, it doesn’t matter.

[Parsa Vahid @PVahid]

@TKopelman Great model! Keep up the good work!

[Mr NQDC @MrNQDC]

The biggest threat to big wealth firms is not another big firm

It’s a solo advisor with better tools

Solo financial planners are using AI to turn the scale story against the giants

The wealth management bigs built their edge on size:

↳ More people

↳ Better tech

↳ Deeper expertise

Now solo RIAs:

↳ Deploy AI to replace layers of staff

↳ Choose best-in-class tech

↳ Handpick outside tax, estate & niche experts for the client

Scale used to mean resources

Has it become the constraint?

[Parsa Vahid @PVahid]

This will be a disaster of epic proportions, it already has been without even becoming law.

[WSJ Politics @WSJPolitics]

California’s billionaire tax has the signatures to make the ballot, backers Say https://t.co/0X4yHzGgvu

[Parsa Vahid @PVahid]

👀

[Public @public]

NEW: You can now build AI Agents that monitor the market, manage your cash, and execute your trades. The Agentic Brokerage has arrived.

[Parsa Vahid @PVahid]

One of the major (hidden) benefits of managing the wealth to some of the most successful people in the world, is that I get a front row seat to see what it really takes to get to the top.

The stress, the hardships, the failures, the grit, the luck.

Early on in my career, I thought I could handle it all, but my realization is that I can’t (and frankly, have no desire to), and now I have tremendous pride and gratitude for what I have achieved.

Some may call it lack of ambition, but I know that I am more ambitious than most. I’m just more honest with myself than many others.

[Parsa Vahid @PVahid]

@markcecchini 2 under 22 months here. Lots of work initially, but so worth it when they grow up and play together. Enjoy it!

[Parsa Vahid @PVahid]

Totally agree.

[Ben Carlson @awealthofcs]

A guy emailed me:

"Financial advising seems like the perfect prey for AI to take over almost immediately."

Here's my take:

AI will help DIY investors

AI will also help financial advisors & their clients

Everyone will be better off

https://t.co/o1IUE0c4Fh

[Parsa Vahid @PVahid]

Wealthy clients struggle to spend their accumulated assets. Deeply ingrained frugal habits make enjoying wealth a bigger challenge than expected.