In this episode of Tech Scenes Unplugged, we connect with David Snider, the CEO and Founder of Harness Wealth, a company revolutionizing tax advisory and financial planning for small businesses and equity owners. David shares the mission of Harness, which is to make bespoke tax and financial advice accessible to more households through a combination of innovative technology and curated advisory firms. Harness Wealth aims to build confidence for clients by helping them navigate their financial futures with a seamless and insightful experience.

David’s impressive background includes serving as COO and CFO of Compass, where he helped grow the business from pre-launch to over $350 million in revenue. Before Compass, he was an investor at Bain Capital, completing transactions valued at over $3 billion. His experience provides deep insights into leadership, operational efficiency, and fundraising in today’s competitive markets.

In this episode, we discuss how Harness is modernizing the financial advisory space, the challenges of fundraising, and the importance of good tax advice. David also highlights the significance of clear communication in leadership and shares his vision for the future of financial planning, emphasizing the role of technology in providing better decision-making tools for clients.

Key Takeaways:

• Harness aims to simplify complex financial and tax issues for small businesses and equity owners.
• Tax advisory is often an overlooked but crucial component of financial planning.
• Modern technology is reshaping the client-advisor relationship, making it more efficient and valuable.
• Generational shifts are influencing preferences in the financial advisory space.
• Good tax advice can significantly increase a client’s financial outcomes.
• Operational efficiency and clear communication are essential for scaling businesses.
• The future of financial planning is rooted in better decision-making tools and continuous iteration.

Chapters:

• Introduction to Harness and Its Mission
• The Importance of Tax Advisory in Financial Planning
• Navigating Generational Shifts in Financial Advisory
• The Evolution of Business Models and Market Adaptation
• Fundraising Challenges in a Changing Market
• Operational Efficiency and Organizational Alignment
• The Role of Communication in Leadership
• Future Vision for Harness
• Final Thoughts and Personal Insights

Learn more about the book “Peak Teams - Mastering the Habit of Unstoppable Venture-backed Companies” - https://geni.us/peak-teams

Visit Collective Genius to Build your Venture-backed Team with the Peak Operating System - www.collective-genius.com

Music by Andrew Applepie - https://soundcloud.com/andrewapplepie

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