Most advisors have Holistiplan: few have a system for using it consistently. This guide walks through the five-step implementation framework Village Financial Services uses with advisory firms: from setting client expectations and systematizing tax return collection, to building tax letters and embedding Holistiplan into year-round workflows.

This blog explains how RIAs can identify and calculate state tax exemptions on income from funds holding U.S. Treasury obligations—income that often isn’t reported on 1099s by custodians like Schwab. It outlines which funds qualify, how to extract and analyze client data, tools to automate calculations, and a repeatable CRM workflow to ensure clients and tax preparers capture potential tax savings each year.

Track client milestones to deepen relationships, personalize outreach, and show you truly care—without overwhelming your workflow.

By implementing a proactive approach throughout the year, you can significantly reduce the stress and workload associated with tax season.

Streamline RIA ops with Schwab's latest updates: simplified standing instructions, tax withholding control, and expert operational support.