Helping Modern Entrepreneurs & Business Owners with Financial and Tax Planning
”My mission is to be the steady hand that sees clients through their financial journey to their dreams on the other side. Coaching and guiding clients is the most important part of my job.
Sheridan MurphyPresident
Modern Wealth Methods works with entrepreneurs and their CPAs throughout the United States to help them with financial planning and optimizing the tax possibilities that are uniquely available to business owners. Founded by Sheridan P. Murphy, CFP®, Modern Wealth Methods develops custom financial plans based on each client’s individual situation. Entrepreneurs and business owners have many choices when it comes to improving their businesses and increasing their personal net worth, and we can help you map out your unique financial plan and roadmap. Whether you run a single-member LLC, are a sole proprietor, or are set up as an S-corporation, C-corporation, or partnership, let’s discuss your goals.
About Modern Wealth Methods
Sheridan Murphy began his own firm in 2020 in Ohio during the height of the pandemic, and recently rebranded the business to Modern Wealth Methods after moving his headquarters to Tampa, Florida. Licensed to work with clients across America, today’s technology makes Sheridan and Modern Wealth Methods easily accessible and unbound by geographic limitations. As an IAR (independent advisor representative), Sheridan chose to be independent, which means freedom from any one particular financial institution.
Being an independent firm means that at Modern Wealth Methods, we can be objective, unbiased, and focused on our clients’ best interests when it comes to plans and recommendations, and we have access to a universe of strategies and products rather than just a limited list. As an IAR, Sheridan wanted to choose an RIA (registered investment advisory) firm that matched his vision, so with his typical entrepreneurial spirit, instead of just joining he decided to help shape one. He is one of the 13 original founding partners of his RIA, United Advisor Group.
Sheridan P. Murphy, CFP®
President
Sheridan P. Murphy, CFP® has nearly a decade of experience in the financial services industry. He holds FINRA Series 7 and Series 66 securities registrations and is licensed in life, health, and long-term care insurance. He earned and holds his designation as a CERTIFIED FINANCIAL PLANNER®. After receiving his bachelor’s degree in business economics, Sheridan worked for Fidelity Investments before deciding to found his own company. He established Modern Wealth Methods in order to build long-term relationships with clients designed to stretch through multiple generations.
Services at
Modern Wealth Methods
Modern Wealth Methods has access to a large universe of products and strategies that can be used in tailored financial plans, and customized plans can scale up or down depending on client need. Additionally, we partner with a large network of CPAs, attorneys, money managers, and subject matter experts in order to help bring the best team we can assemble to the table on our clients’ behalf, or we work in tandem with your established advisors. In every case, we seek to help clients lower their fees and taxes, while increasing their net worth. In fact, we are tax-conscious in everything we do for you.
Often small business owners need help with setting up a company retirement plan, be it a SEP IRA or other plan that makes sense for them. We help entrepreneurs look at their overall management fees, business structure, tax mitigation possibilities, and more. We understand the issues and work closely with CPAs to complete proper forms and paperwork when needed. Of course, we also help our clients with a full range of financial planning strategies for their personal goals, whether short-, mid-, or long-term, including home purchase, college, vacation homes, retirement, legacy, charitable giving & more.
- Financial planning
- Business consulting
- Retirement planning
- Investment management
- Asset management
- Tax strategies in conjunction with CPAs
- College savings (529 or otherwise)
- Estate planning
- Legacy planning
- Life insurance strategies
- Charitable giving
- Special needs considerations (ABLE)
- Special purchase planning (car, house, boat, etc.)
Educational Resources
It’s our goal to make complex concepts simple to understand so that you can thrive in your business and personal life. Our whitepapers are designed to help you learn more about the basics when it comes to financial and retirement issues. Please download and review these whitepapers at your leisure, and feel free to contact us if you have any questions about what you’ve read!
Contact Us
To reach Modern Wealth Methods, please schedule an appointment online, or fill out this form and we will get back to you as soon as possible.
