Do you help with investing, or work with financial advisors?
Short answer
DeCypher doesn't manage investments, but we plan the tax side of your money, like which retirement accounts to fund and in what order, and we work alongside financial advisors you choose or can refer you to advisors who work with creators.
Otavio Mayole, Co-founder, DeCypher FinancialsUpdated
What we help with:
- Where your money goes each month. On your financial analysis, we build a plan for profit, taxes, savings and debt.
- Paying down high-interest debt first.
- Retirement accounts that lower your taxes, like a Solo 401(k) or SEP IRA, and the right mix of Roth and traditional.
- Coordinating with your advisor, so your investments match your tax strategy.
The order we usually follow:
- An emergency fund
- High-interest debt
- A Roth IRA, or a backdoor Roth at higher incomes
- A Solo 401(k) or SEP IRA
- A regular brokerage account last, because selling there can trigger capital gains tax
What we don't do: pick stocks, manage your portfolio, or sell financial products.