'It takes a firm to put financial plans together'

'It takes a firm to put financial plans together'
InvestmentNews Awards 2024, Advisor of the Year (Regional - Midwest): Jim Wessels, Vision Financial Group.
MAY 28, 2024

One of Jim Wessels’ strengths as a financial advisor is his knowledge of various sectors and topics.

With a diverse background in tax planning, investments and pensions, the partner and financial advisor at Iowa-based Vision Financial Group has been focused on retaining clients through personal relationships.

What makes him a standout advisor?

“I’m probably a little bit more technical and quirkier,” he says. “I’ve been a buy side analyst. I’ve covered the oil and gas industries. I've done business valuations. This last tax season, I helped prepare and review tax returns. I go wherever I’m needed.”

Wessels admits he almost took up a profession in orthopedics and became a surgeon. He quickly realized that wouldn’t happen as he doesn’t “like to see the insides of people.”

“I would rather work with the outsides,” he said, jokingly.

This career change has worked out for the better as Wessels is being recognized as an InvestmentNews Awards 2024 Excellence Awardee, with the winners announced on June 20 at 583 Park Avenue, New York City in a glitzy, red carpet ceremony. Click here to register to attend.

Wessels recalls recently working with a client whose relative needed help making a financial decision during tax season, which required him to review all aspects of financial planning the firm offers.

“When you start to dive into one area, it always impacts those other areas of planning. While you can find someone that's good at part of it, it takes a firm to put it all together,” he said.

Latest News

Omaha-based RIA Stevens Capital Partners nears $1B, buys Dallas CPA firm
Omaha-based RIA Stevens Capital Partners nears $1B, buys Dallas CPA firm

The deal to acquire a 300-client tax firm sets up much-needed succession for its 80-year-old founder, while joining a widening trend of tax service integration among RIAs.

Most Americans oblivious to Social Security’s projected demise
Most Americans oblivious to Social Security’s projected demise

New Nationwide Retirement Institute survey reveals eight in ten Americans agree Social Security needs fixing and how.

NewEdge advisors reshape client work with AI in weeks after Anthropic rollout
NewEdge advisors reshape client work with AI in weeks after Anthropic rollout

Advisor-led adoption has been rapid for tasks from translating annuity contracts into plain English to speedy webinar prep.

Kestra Financial names Kelly Apple as head of wealth management
Kestra Financial names Kelly Apple as head of wealth management

Austin, Texas headquartered firm taps former BlackRock managing director following an internal leadership shuffle.

Investors win lawsuit against Atlanta B-D over tax shelter investment, potentially a first
Investors win lawsuit against Atlanta B-D over tax shelter investment, potentially a first

InvestmentNews reported in 2017 that the IRS was scrutinizing the tax shelter land deals, called syndication conservation easements.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income