Callahan Financial Planning announces new tax manager

We are excited to announce the first issue of our new team spotlight series. Our goal is to provide an opportunity for current and potential future clients to learn more about our team of professionals who are dedicated to serving you.

This series kicks off by highlighting our new Tax Manager, Liga Tyack.

Liga joined our team in March, 2022 and was brought on to oversee the entire company’s tax service offerings. She brings over 20 years of experience providing international and domestic tax advice in financial services, investment management and private equity as well as biopharma and technology industries. Her areas of expertise include domestic and international tax planning, audit defense, transfer pricing, business and intangible property valuation, public affairs and policymaking.

Some of Tyack’s former roles include Tax and Trade Economist Consultant with multiple global consulting firms including Charles River Associates, DLA Piper and PwC, and in-house Tax and Transfer Pricing Advisor at publicly traded investment management firms, as well as serving the IRS/APA as a Senior Economist and tax policy maker for the U.S. Treasury.

When asked what drew Liga to the firm, she stated: “I joined Callahan Financial Planning, because I want to contribute to a growing, company with smart, kind and dedicated employees who above all else put their clients’ needs first. It’s a brave firm that is constantly pushing themselves to succeed and I look forward to leveraging my extensive tax background to support our clients’ investment, income tax, and retirement planning needs. I was also drawn to the culture that deeply values their ‘local family’ roots and believe that I bring a unique and valuable perspective to an already strong team.”

One of Liga’s favorite quotes is from children’s author, Roald Dahl, “Somewhere inside all of us is the power to change the world.” This concept has served her well in her work with clients as well as her civic and volunteer work.

As a long-time San Francisco Bay area resident, Tyack now resides in Marin County. She received her Bachelor of Arts degree from Stanford University, Stanford, CA in Quantitative Economics/Applied Math and her Master of Arts degree from University of California, Santa Cruz, Santa Cruz, CA in International Economics with a concentration in Trade and Finance.

Tyack served on Honorary Consul for the Republic of Latvia in Northern California from 2011–2020, appointed by the Office of Foreign Missions of the U.S. State Department in partnership with the Latvia Ministry of Foreign Affairs. In this civic position, Tyack represented the Republic of Latvia at the 70-member San Francisco Consular corps and created and promoted programs to strengthen the cultural, economic and diplomatic collaboration between Latvia, the international diplomatic community and diaspora of Northern California and the academic, civic and business communities located in the Silicon Valley.

In 2020, she received the ‘Cross of Recognition, 2nd Order of Grand Officer’ awarded by the current President of Latvia, Egils Levits, for her ten-years of civic work as Honorary Consul for the Republic of Latvia in Northern California.

Additionally, Tyack is a member of Stanford Professional Women, the Silicon Vikings, which supports venture capital and tech start-up based in Scandinavian and Baltic countries, as well as the San Francisco Yacht Club and their youth sailing and racing programs. In her free time, she likes to write poetry, play the piano, go hiking and enjoy her captain’s license by sailing in the San Francisco Bay, as well as the Caribbean and Baltic Seas.

If you would like to learn more about how Tyack and her team can help you navigate your income taxes, retirement planning, and how a tax-efficient investment strategy can better prepare you for retirement, contact her at 415-795-8600 or by emailing team@callahanplanning.com.

About Callahan Financial Planning: Callahan Financial Planning is an independent fiduciary financial advisor, providing financial planning and investment management services with six offices across 3 regions: San Rafael, San Francisco, and Mill Valley in Northern California, in Omaha and Lincoln in Nebraska, and in Denver, Colorado. Callahan Financial Planning is a federally registered investment advisor serving clients throughout the U.S., and our practice is one of the largest NAPFA financial advisory practices in the some of the markets we serve. On March 31, 2021, TS Prosperity Group, a division of TS Bank, acquired Callahan Financial Planning and together, share the highest level of client care and integrity in financial services as fiduciaries.

Callahan Financial Planning Joining TS Prosperity Group

blank

Callahan Financial Planning, an independent, fee-only fiduciary financial advisory firm, has announced it will be merging its operations with TS Prosperity Group. This partnership will double the size of the combined businesses to an estimated $450 million in assets under management, and help the firms provide trustee services, enhanced tax planning, and improved technology to clients.

Both organizations share the highest level of client care and integrity in financial services as fiduciaries. This form of relationship ensures conflicts of interest are mitigated and recommendations are always in the best interests of clients.

Callahan Financial Planning provides holistic personal financial planning that includes the complex integration of investments, income taxes, retirement, insurance, and estate planning for individuals and families. Financial advisory offices are in San RafaelSan Francisco, and Mill Valley in CaliforniaOmaha and Lincoln in Nebraska; and Denver and Centennial in Colorado.

When asked about the partnership, Callahan Financial Planning President William Callahan stated: “The culture of our organization has always been centered around our clients and the planning experience they receive. So when we considered combining organizations, it became clear how complimentary our approaches were, including our mutual focus on client impact, and our approach seeking to provide unconflicted financial advice. Ultimately, what convinced us to proceed together was just how much better the experience could get with the shared resources of the two highly compatible organizations together.”

Callahan Financial Planning will stay a separately identifiable division of TS Banking Group, registered as an independent investment adviser with the U.S. Securities and Exchange Commission. The TS Prosperity Group will maintain its regulatory status as the trust division of TS Bank, regulated by the Iowa Division of Banking and as a Member of the Federal Deposit Insurance Corporation. Certain employees and operations are anticipated to be eventually shared between TS Prosperity Group and Callahan Financial Planning.

“Callahan Financial Planning’s vision aligns with our philosophy of great planning to maintain and grow your wealth for today and the next generation,” said TS Banking Group Chief Operating Officer, Kristi Krayneski. “They have a similar culture and mindset on how to help clients achieve financial dreams; their business model provides strength to our investment services and our trust services add strength to their generational planning approach.”

Established in 2010, Callahan Financial Planning has received many accolades, including being named one of the “Top Firms in Nebraska” by Investor.com, Omaha’s Choice Awards “Favorite Financial Planning Firm,” and among Consumer Affairs “Best Financial Advisors in Omaha” in 2020. The firm expanded to California in 2019, and Colorado in 2020.

TS Prosperity Group services include the management of trusts, estates, and conservatorships, along with investment management, retirement planning, and estate planning. TS Prosperity Group is a division of TS Banking Group, a community banking group headquartered in Treynor, Iowa, representing over $1 billion in banking and fiduciary assets across IowaIllinois, and North Dakota.

The combined organization includes five Certified Financial Planner™ professionals, three Chartered Financial Analyst® charterholders, a Certified Public Accountant, and a Registered Life Planner®.

If you have any questions about this partnership or want to learn more, please call TS Prosperity Group at (844) 487-3115 or Callahan Financial Planning at (800) 991-5195.

About Callahan Financial Planning: Callahan Financial Planning is an independent, fee-only registered investment advisor with offices in Omaha and Lincoln in Nebraska, San FranciscoSan Rafael and Mill Valley in California, and Denver and Centennial in Colorado. The firm serves individuals and families, typically close to retirement, who have some situational complexity and are seeking independent guidance relating to their investments, taxes, or estate planning, and other personal finance topics. For more information, visit callahanplanning.com.

About TS Prosperity Group: TS Prosperity Group offers a combination of fiduciary and institutional investment management services. As the Trust division of TS Bank, the foundation for TS Prosperity Group has been in place for nearly 100 years, founded in 1923. The institutional investment management philosophy developed internally over the last ten years and the division became TS Prosperity Group in 2016. The firm is headquartered in Council Bluffs, Iowa with $230 million assets under management. For more information visit tsprosperitygroup.com.

Callahan Financial Planning Opens Denver Metro Financial Advisory Office in Centennial, CO

Denver – Jun 12, 2020 – Callahan Financial Planning, a fiduciary financial planning and investment advisory company, has announced the opening of an office with financial advisors in Centennial, CO. The office is located at 6500 S Quebec St, Centennial, CO 80111 in the Denver Tech Center.

Clients will be served by a team of 4 Certified Financial Planner™ (CFP®) practitioners, a Chartered Financial Analyst (CFA®) charterholder, an IRS Enrolled Agent, and supporting staff. Read the rest of this entry »

Callahan Financial Planning’s Statement for Racial Equity

“During a time of tremendous upheaval in our society, culture, and economy, we’re also faced with a painful reminder of the racism still present here today,” said William Callahan, founder and CEO of Callahan Financial Planning Company.

Effective today, Callahan Financial Planning has announced its intention to enhance its Callahan Financial Planning Gives program by doubling the annual giving to 10% of our annual income this year. Read the rest of this entry »

Support Racial Justice with These Charities

We know many are interested in donating to causes that support justice and equality under our law, socially, and economically, and we’ve provided a list of some charities that are actively supporting contemporary needs.

Given our offices are in San Rafael, San Francisco, and Mill Valley in Northern California, in Omaha and Lincoln in Nebraska, and in the Denver metro area in Centennial Colorado, much of the charities below focus on causes local to these regions, but several national charities are listed as well. We welcome suggestions to the list as well. Read the rest of this entry »

7 Tips for Staying Productive Right Now

This year, most people have been stressed (in time, and also cognitively and emotionally as well) more than ever before at home and work. After our busiest spring on record helping clients, we recently brainstormed the best techniques we use internally for staying on track professionally right now: Read the rest of this entry »

4 Steps for Better Emotional Health During Times of Stress

As people all across the world are working to adjust to the unprecedented events that have unfolded over the past weeks, we thought it may help to share some practices we personally follow to help ourselves remain grounded and be present in our interactions with you, our clients during such difficult times.

We as individuals and as a nation are currently dealing with two contagions: first, the coronavirus outbreak itself, and second, the emotions that come along with it. It has been commonly reported that negative emotions are just as contagious as a virus. Read the rest of this entry »