Founder's Message


With just a few weeks to go before the end of 2022, you should consider a partial Roth conversion. The IRS imposes a limit on how much you can contribute to Roth accounts each year and depending on your yearly earnings, you may not qualify to contribute to a Roth IRA. However, there is no limit on the amount of tax-deferred assets that you can convert to Roth each year.

Income taxes are owed on any amount rolled over from a traditional IRA to a Roth, so the best time to make the conversion is when investment values have dropped as they have this year due to negative annual returns for both stocks and bonds in 2022. It is likely not wise to make a full Roth conversion in a single year because it might generate a lot of taxable income that could be taxed at a higher tax rate. However, implementing a partial Roth conversion, or converting a small amount each year, allows for the smoothing of taxable income over as many years possible. There is an upfront tax bill associated with a partial conversion but because the Roth IRA assets will continue to grow tax-free and there is no tax on withdrawals from a Roth IRA, it may be worth considering. You should discuss this with your CPA.

There are four reasons to consider a partial Roth conversion in 2022:

  1. Your taxable income may be higher in the future. Over-investing in Traditional IRAs and your 401(k) today may increase your overall tax burden and could reduce your after-tax income in retirement.
  2. Taxes will likely increase. Higher tax rates are likely to have an impact on your after-tax wealth.
  3. Tax Diversification. A Roth conversion can help you manage your tax burden more proactively.
  4. Both the Stock and Bond markets are down this year. Because the market is down, you can convert the same share of your IRA for a reduced tax cost.

The most important factor to consider is your tax rate today and how it compares to the tax rate you expect to face in future years when you are making IRA withdrawals. If you suspect you will be in a higher tax rate at some point in the future, you should discuss the partial Roth conversion with your CPA now, before the end of the year.


Founder’s Message

Truly successful wealth management requires a dynamic, ongoing multifaceted approach. Investment strategy needs to be considered within the context of a client’s financial goals, their tax situation, potential available tax strategies and future generational considerations. This is financial preparation for life’s anticipated and unanticipated events.

I founded Saige Private Wealth in 2022 because I was no longer able to do what I felt was in the best interest of my clients without unnecessary distractions, friction, or conflicts. Independence is about my team being able to deliver curated personalized service to our clients who trust us with their financial future and that of their families. At Saige Private Wealth, we are no longer ensnared with self-interested, corporate constraints found in the large firm environment where products and services ofttimes can be structured to benefit the firm more than the client. Saige Private Wealth allows us to be fully free to offer a wider array of advice and viable solutions. Independence allows us to harness our ample experience and hard-earned expertise to deliver tailor made, best-in-class solutions. I have greater than twenty-five-years of experience in the financial services industry. Before that, I worked as a CPA and a tax consultant for a major international accounting firm in Los Angeles after earning a CPA license and a Master’s degree in Taxation from the University of Southern California. I have been fortunate to come to the wealth management profession with a holistic and integrative background given my prior experience. Many of the major financial firms tout their holistic approach to wealth management. We, at Saige Private Wealth, actually so execute one.

We consult with business owners, executives, professionals, and other successful people, who are passionate about pursuing their best possible financial future. These are our clients. As independent financial advisors, we feel we have a broader portfolio from which to explore all the potential options in the areas of:

  • Wealth growth and preservation
  • Planning for increasing longevity and its support cost
  • Multigenerational planning
  • Liability management
  • Insurance planning
  • Sustainable Investing

At Saige Private Wealth, we are adaptive as we build long-term strategies that align with each client’s financial goals and their personal values. In meeting the needs of multigenerational families, our focus is not only wealth growth and preservation but anticipating and planning for the increasing expected longevity of our clients, and planning for a constantly changing tax and economic environment. Just as globalization and technology changed how people live and work, there will be substantial gains in life expectancy that must be integrated into a thoughtful life plan. I am completing a second Master’s degree in Gerontology to assist my clients in flourishing in an era of unprecedented change.

We pride ourselves on applying thoughtful, integrated, tax-aware, comprehensive financial and investment planning solutions. We structure a foundation on which to build our strategies and services. As an independent firm, operating in an open architecture environment, we are not limited in the choices of investment strategies but can vet a full assortment of strategies from the industries’ leading providers. We now have access to best-in-class technology and products and can better tailor solutions to your needs and best outcomes.

Good intentional listeners, we will learn your background – to understand what drives you. We will review your current needs – to understand what challenges you. We will listen to your vision of the future – to understand what compels you. As a result, you will find you are working with a dedicated team who genuinely cares for you and your family. We will be with you and help to guide you along your journey in a personalized, holistic, and comprehensive approach to managing your wealth.

Together, we will navigate through a lifetime of financial, investment and personal decisions to achieve your most important personal goals.