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About RSW Wealth Management

We are dedicated to providing investment management and strategic wealth planning to individuals and families including legacy wealth planning. We strive to be our client’s trusted advisor. As a wealth management firm, our primary focus is to provide unbiased opinions that are designed to achieve long term investment results.

RSW Wealth Management does this with the highest levels of trust, integrity and respect while always collaborating using a team approach. We are dedicated to professionally supporting, educating, and providing informed direction to each and every client.

Two business people discussing

Our Philosophy

Our philosophy is simple. We want to get to know you in order to help you make the best decisions possible.

As a firm, our focus is to understand your goals and develop a plan to reach them. We will meet with you to present an analysis and discuss our recommendations. Together, we implement the recommendations and monitor your progress. From here, we will plan regular meetings with you to assess the progress toward your goals and, when necessary, we will make adjustments to your financial plan.

Because there are many factors that may change in your situation or the environment, it’s of the utmost importance to us to be proactive and knowledgeable in the financial industry. We are committed to staying up-to-date on best practices with investment strategies, wealth management research, relevant tax, estate, and social security laws in order to provide you with the best financial advice for your particular situation.

Our Team

Scott T. Wait, CPA, AEP

Scott T. Wait, CPA, AEP

Wealth Management Advisor

Scott and his brother Richard founded RSW Wealth Management when many of their tax clients needed help with their investments and planning for retirement. Their mission is to give clients the tools and guidance to make wise investment decisions and adopt strategies which include minimizing taxes annually and over their lifetime. Scott believes a combination of an evidence-based approach to investing, managing taxes, and avoiding costly mistakes is the key to helping clients grow their wealth.

Scott began his career as a partner in the firm RS Wait, Chtd. CPA firm. His tax and accounting knowledge and experience continue to benefit his clients who need much more than an advisor who sells investment products. Scott is passionate in his dedication to his clients and has been successful in helping his clients make smart decisions with their wealth and their family’s benefit.

Scott maintains his knowledge on a regular basis with professional education and regular engagements as a speaker on a wide range of topics including evidence-based investment strategies, estate planning, income tax planning, and planning for financial security in retirement. Below is a partial list of Scott’s educational accomplishments, professional credentials and memberships:

  • Certified Public Accountant in the State of Nevada. Scott has accomplished the standards set by the board of accounting and regularly updates his knowledge with continuing education that benefits his client’s wealth and preservation of wealth.
  • Accredited Estate Planner through the National Association of Estate Planners & Councils (NAEPC). Member since 2014, Scott is dedicated to assisting clients with their estate plans and to achieve their goals, transfer wealth to the next generation, protect clients from financial predators, and assists clients with significant charitable gifts.
  • Estate Planning Council of Northern Nevada, Past- President
  • Truckee Meadows Toastmaster Chapter - Treasurer
  • B.A. from University of Arizona with a double major in Finance and Accounting.
  • In his personal time, Scott enjoys the outdoors including fly fishing, hiking, and following the Steeldrivers, his favorite Bluegrass band.
Richard

Richard E. Wait, CPA, CVA, AEP

Wealth Management Advisor

RSW Wealth Management partner Richard Wait (Rich) is passionate about giving the best financial advice to his clients and contributing positively to his community. Rich focuses on assisting business owners and individuals with improving their financial positions with their estate plans, tax plans, investment plans, investment portfolios and the inter-relationship with each of these areas.

Richard founded RS Wait, Chtd. In 1990. RS Wait, Chtd provides tax compliance and tax planning services for estate tax and income tax matters. In 1996, Richard expanded his consulting skills by obtaining a Certified Valuation Analyst (CVA) to better serve business clients in determining the financial value of their businesses. As a CVA, Richard assisted businesses with succession plans that enabled his clients to complete “liquidity events”, enabling his clients to move to the next stage of their careers and some cases to retirement.

In 2016, Richard, along with his brother Scott, founded RSW Wealth Management to supplement their services to clients. Wealth management became a natural next service for clients who transitioned from business ownership to retirement.

Below is a partial list of Richard’s professional accomplishments, professional credentials and memberships:

  • Certified Public Accountant in the State of Nevada. Richard has accomplished the standards set by the board of accounting and regularly updates his knowledge with continuing education that benefits his client’s wealth and preservation of wealth.
  • Certified Valuation Analyst (CVA). Richard received the CVA designation in 1996 from the National Association Certified Valuation Analysts (NACVA) after successfully passing the CVA exam. Since 1996 Richard maintains his certification by completing continuing education courses and specific certification requirements required by NACVA
  • Accredited Estate Planner through the National Association of Estate Planners & Councils (NAEPC). Member since 2007, Richard is dedicated to assisting clients with their estate plans achieving their goals, transfer wealth to the next generation, protect clients from financial predators, and assists clients with significant charitable gifts.
  • Estate Planning Council of Northern Nevada, 2001-2005, Past- President
  • B.A. from University of Arizona with a double major in Finance and Accounting.

When Rich is not working with clients, he serves on the board of directors with local nonprofit organizations such as Sierra Nevada Community Aquatics, Sierra Nevada Water Polo and Sierra Nevada Masters Swimming and Water Polo. Other personal interests include fly fishing, fly-rod building, hunting, camping, hiking and swimming for fitness.

Ken Fortney, CPA/PFS

Wealth Management Advisor

RSW Wealth Management Advisor Ken Fortney is a new member of our team who has merged his practice with our firm and has the same philosophy and passion for providing the best financial advice for his clients as we do. We welcome Ken to our company and look forward to his contributions to assisting clients that he has served and continue in the same spirit that our firm has been founded.

Ken is a designated CPA/PFS. He manages personal and retirement plan investments following an evidence-based strategy that combines an integrated wealth and tax strategy. Mr. Fortney is a Certified Public Accountant (CPA) and accredited Personal Financial Specialist (PFS) through the American Institute of CPAs. Ken specializes in financial planning and income tax compliance for individuals, professionals, and small businesses. Ken originally started his own accounting firm in 1983. Ken continues to practice as a CPA and is licensed in California and Nevada. Ken has completed the series 65 exam and is registered in the State of Nevada as an investment advisor.

Our Process

A strong planning process is the best way to create a more financially secure plan. It is crucial to create a financial plan that seeks to protect your needs now, and that plans for the future, in a tax-efficient manner. It is our goal to assist you to build a solid financial structure that will stand the test of time, that will grow and build wealth for you and your family.

We have established a process to do this that is based on two key aspects of financial security: asset protection and wealth creation. A plan must help ensure financial security throughout your life, for you and for your loved ones. It must provide income replacement and asset protection in the event that the unthinkable were to happen: disability, critical illness or death. The plan must also aim to build the maximum it can via a solid, tax-efficient, risk-adjusted wealth portfolio.

With these goals in mind, we will work together to assess your total financial planning needs. We will consider important milestones such as major purchases, marriage, children, education, dreams, and retirement. This plan will entail regular review of ongoing financial management strategies.

This goal-based financial security planning approach is designed to help you:

  • Define customized short and long-term goals that ensure you choose only the right financial products and services
  • Identify roadblocks or gaps that might impact your financial planning strategy
  • Continually monitor your plan to ensure it meets your changing needs

Contact us today to find out more about my financial planning process and learn how a sound financial plan can help you achieve your goals.

What is Financial Security Planning?

Financial security planning is about more than preparing for retirement. It’s about working to achieve short- and long-term goals and helping protect the most important things in your life.

As a Financial Advisor, we work with you to create a plan that includes solid investment solutions that are flexible to meet your changing needs.

The first step to achieving financial security is creating a strong financial strategy. We will work together to prepare a plan that helps you:

  • Prepare for a secure, comfortable retirement or minimize your current taxes
  • Pro-actively manage and control debt, from major purchases to preparing for a child’s post-secondary education
  • Provide for your loved ones or heirs in the event of death, disability or critical illness
  • Protect your business and your employees through affordable benefits

Get the Financial Freedom You Deserve With Our Custom Wealth Management Services!