ROCKVILLE, Md., /PRNewswire/ — E. Cohen and Company, CPAs (E. Cohen) announces today the launch of its wealth management firm, Impact Capital, LLC (Impact Capital). This new entity will enhance E. Cohen’s exemplary reputation for accounting and tax planning expertise with a focus on an integrated approach to financial advice. Impact Capital provides planning advice for all aspects of a client’s lifetime needs, underpinned by a ‘one-stop shop’ approach to customer service.
Impact Capital, led by seasoned financial advisor, Bill Bancroft, who has been advising high net-worth families for more than 24 years, is founded on the promise to deliver the “advice you need with the service you deserve.” The company will primarily serve families, recently or soon-to-retire individuals, executives, and those planning to sell a business.
Unlike other wealth management firms, who primarily outsource portfolio management to third party managers, Impact Capital breaks the mold by marrying low-cost exchange-traded funds with its proprietary tactical and risk management processes. “By cutting out the third-party middle-men, Impact Capital clients are expected to benefit from the reduction of fees and increased tax efficiency, giving clients more for less” Daniel Cohen, CPA and co-Founder of Impact Capital said.
“At Impact Capital, the accountants on our team outnumber the advisors, which is unusual in the wealth management industry,” Bill Bancroft said. “As fiduciaries, we believe clients are better served by receiving advice from someone who is on their side of the table, rather than someone who is motivated to win a sales award.”
“With the launch of Impact Capital, we are continuing our commitment to stay at the forefront of the innovation evolution across the financial services industry,” Eric Cohen, Managing Partner and Founder of E. Cohen said.
ABOUT E. COHEN AND COMPANY, CPAS
E. Cohen and Company, CPAs (E. Cohen) is a full-service CPA firm based in the Washington, D.C. metropolitan area providing Tax Compliance & Consulting, Audit & Assurance, Business Advisory Services, and Business Technology Services. For more information, please visit www.ecohencpas.com.
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