Homrich Berg Welcomes Tim Tallach as New Tax Director

Homrich Berg Welcomes Tim Tallach as Director

Atlanta-based Homrich Berg, a prominent fee-only wealth advisor recognized for its comprehensive services, proudly announces the addition of Tim Tallach, J.D., CPA, as its new Director of Advanced Tax Planning and Family Office Services. This important addition to the team aims to fortify the firm's capabilities in serving ultra-high-net-worth clients with tailored tax strategies and family office solutions.

Tim Tallach's Role and Expertise

In his newly established position, Tallach will spearhead the delivery of advanced income and transfer tax guidance. He will collaborate closely with the advisory team to offer clients critical insights and strategies that are paramount in today's complex financial landscape. Tallach draws upon 28 years of expertise in providing strategic tax planning and family office services, equipping him with a wealth of knowledge beneficial for client needs.

Client-Centric Approach

"Tim's appointment is a significant enhancement to our capabilities to provide specialized tax guidance to our clients," stated Thomas Carroll, President and CEO of Homrich Berg. His history of innovative tax solutions and family office management aligns seamlessly with Homrich Berg's mission: to deliver outstanding service and personalized financial strategies.

An Impressive Background

Tim Tallach's notable experience includes nearly two decades at GenSpring Family Offices and Pathstone Family Office, where he excelled in building comprehensive family office services. His background also encompasses a role as a tax professional at Arthur Andersen LLP, focusing on tailored tax strategies for high-net-worth families. Tallach will report directly to Michael A. Woocher, Principal and Chief Advisory Officer at Homrich Berg.

Cultural Fit at Homrich Berg

Tallach was drawn to Homrich Berg due to its fiduciary, client-first approach and commitment to delivering extensive, customized financial advice. "The ethos that surrounds each client with a robust team of expert planners truly resonates with my professional philosophy," Tallach expressed. His lifelong experience working within family business contexts informs his understanding of the complexities that accompany significant family wealth.

Principles of Success

Tallach elaborates, "Managing wealth requires collaboration, clear communication, and an ownership mentality—principles I strive to apply to my work every day. I’m excited to bring this collaborative spirit and strategic mindset to my role at Homrich Berg." His perspective underlines the importance of integrating thorough tax strategies with family office services, ensuring clients receive holistic guidance.

The Future of Family Office Services

The integration of Timothy Tallach into the Homrich Berg team signals a pivotal move towards expanding the firm’s family office services through integrated advice and customized strategies. His academic credentials include graduating magna cum laude with a B.S. in Accounting/Business from Centenary College, followed by attaining his J.D. from the University of Arkansas School of Law.

Professional Qualifications

As a licensed attorney and Certified Public Accountant (CPA), Tallach holds various securities and life insurance licenses and certifications. His knowledge is further enhanced through long-time membership in several American Bar Association tax and estate planning sub-committees, positioning him as a well-rounded leader in the industry.

About Homrich Berg

Founded in 1989, Homrich Berg stands as a national independent wealth management firm dedicated to providing fiduciary, fee-only investment management and financial planning services. The firm serves as the cornerstone of financial guidance for high-net-worth individuals, families, and not-for-profits, managing over $18 billion in assets across the U.S. Homrich Berg continues to lead the way in offering comprehensive and tailored wealth management solutions.

Frequently Asked Questions

What is Tim Tallach's role at Homrich Berg?

Tim Tallach serves as the Director of Advanced Tax Planning and Family Office Services, focusing on providing tailored tax strategies for ultra-high-net-worth clients.

What prior experience does Tim Tallach have?

Tallach has nearly 30 years of expertise, including significant roles at GenSpring Family Offices and Pathstone Family Office, specializing in tax planning and family office services.

How does Homrich Berg support high-net-worth clients?

Homrich Berg offers fiduciary, fee-only wealth management services, providing personalized financial advice tailored to the unique needs of high-net-worth individuals and families.

What are the key principles that guide Tim Tallach’s work?

Tallach emphasizes collaboration, communication, and an ownership mentality, essential for successfully managing significant family wealth.

What is the significance of Tim Tallach’s addition to the team?

His expertise enhances the firm’s ability to offer specialized tax planning and family office services, which are crucial in meeting the needs of ultra-high-net-worth clients.

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