Serving all of Tampa Bay
Hillsborough (813) 909-0022 | Pinellas/Pasco (727) 799-1701

9 Situations Where You Need A Financial Advisor

Money is a topic that everyone is familiar with, but how do you know when it’s time to hire a financial advisor to help you manage your earnings? Take a look at these situations where it’s most beneficial to seek a financial advisor and find out how Maggi Tax can help you:

1. You Want to Start Building an Investment Portfolio

Buying stocks and making investments is a great way to make smart use of your money, but it might not be the greatest idea to do it on your own. Even with hours of research, there are some things that are better left to the professionals. For instance, a financial advisor can help you distinguish liquid investments from non-liquid ones and suggest what you should be putting your money into.

2. You’re Running a Small Business

When you run a business, you are faced with more financial responsibilities and a drastically different layout when it comes to taxes. Financial advisors can help you navigate your tax obligations and work out a solid plan.

3. You Just Received Some Inheritance Money

Inherited money, or any monetary gifts, can be used to bring you more gains or limit your taxes. Hire a professional to put your newfound cash to good use, or if you just want to learn how to handle monetary gift taxes!

Read more > 5 Key Investing Strategies For When You Have $100K Saved

4. There’s Been a Change In Your Marital Status

Getting married can greatly affect your taxes, but the reverse is also true. Whether you just got married or went through a divorce, it can be difficult to keep track of which tax bracket you’re in or what tax credits you may or may not qualify for.

5. You Want to Plan For Your Child’s Higher Education

Starting up a fund for your child’s future college costs isn’t always as simple as depositing extra cash into your savings account every now and then. By not reaching out to a financial advisor who is well-versed in saving for college funds, you could be missing out on the additional benefits that come from specialized accounts. The tax benefits of Florida 529 Plans are a great example of this.

6. You Need a Strategy for Paying Off Debt

Are you struggling to pay off debt no matter how hard you try? It can be disheartening to lose sight of the balance between your regular expenses and what you have left over to put towards what you owe, but a skilled financial advisor can help you find a budgeting strategy that works for you.

7. You’re a Senior Close to Retiring

It’s always advised to start your retirement fund as soon as you can, but it’s also never too late to start saving. A financial advisor who specializes in retirement plans can help you make the most of your savings, but they can also help you with other services like estate and legacy planning to ensure that your assets are secure for your beneficiaries.

8. You Have Dependents

Children aren’t the only ones who can be considered dependents. Any family member who is living with you can qualify under the right conditions, and that could lead to tax credits to help you maximize your taxes. A financial advisor can help you distinguish anyone who may be a legal dependent and whether or not you can find relief through tax breaks.

9. You Want to Lower Your Taxable Income

Even if you haven’t gone through any drastic changes, you can benefit from a financial advisor by seeking out effective strategies for maximizing your taxes. Every little bit counts and professionals like us can help!

For Trusted Financial Advisors Near You, Call Maggi Tax!

No matter your situation or financial goals, Maggi Tax has financial advisors to help you out with all of your needs! We offer retirement planning, estate planning, tax strategies, and more. Call us today at (727) 799-1701 to schedule a consultation!


Palm Harbor

4114 Woodlands Pkwy,
Ste. 303B
Palm Harbor, FL 34685

(727) 799-1701


212 Crystal Grove Blvd
Lutz, FL 33548

(813) 909-0022

St. Petersburg

3663 Central Avenue
St. Petersburg, FL 33713

(727) 799-1701

Contact Us