Ep 91: Budgeting, Forecasting & Capacity for RIAs

Episode 91: Budgeting, Forecasting & Capacity for RIAs
Guest: Nancy Jacobson, CPA

Overview

Welcome to the Financial Advisors Want to Know Podcast! I’m Catherine Tindall, CPA with Dominion Enterprise Services, where we help financial advisors navigate income tax planning and compliance for their firms.

Today’s guest is fellow CPA and fractional CFO Nancy Jacobson, founder of Xtended Financial Resources. With 30+ years of experience—and over a decade specializing in RIAs—Nancy helps advisory firms boost profitability using real-time financial insights, streamlined systems, and strategic forecasting.

Key Takeaways:

✅ Real-Time Data Enables Proactive Decisions – Advisory firms make stronger operational and strategic moves when they can see financial changes as they occur rather than months later.

✅ Fast Month-End Closes Power Accurate Forecasting – Timely financials help leaders identify trends early, address issues quickly, and plan with clarity.

✅ Effective Budgets Are Detailed and Data-Driven – Strong budgets incorporate accurate historical data, realistic growth assumptions, and fully loaded hiring costs.

✅ Capacity Planning Must Stay Ahead of Growth – Firms should hire before capacity breaks to prevent burnout, turnover, and client experience issues.

✅ Process Inefficiencies Quietly Drain Profit – Mapping workflows reveals bottlenecks, redundant steps, and opportunities for efficiency and automation.

Connect with Nancy Jacobson, CPA

🔗 LinkedIn
🔗 Extended Financial Resources

Connect with Catherine Tindall

🔗 LinkedIn
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📧 Email: admin@dominiones.com
🌐 Dominion Enterprise Services

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