ow to Pay Yourself as a Business Owner | Fractional CFO Explains

YouTube Description

Are you generating revenue in your business but still struggling to pay yourself consistently?

In this episode of Practice Prosperity, Randall Avery, CFP®, CFA®, speaks with Iyanna Vaughn, founder of Lovely Financials Group, about how business owners can use better financial systems to protect cash flow, improve profit margins, price their services confidently, and create a reliable CEO salary.

Iyanna explains what a fractional CFO does and how strategic financial guidance differs from bookkeeping and tax preparation. Rather than simply reporting what happened in the past, a fractional CFO helps business owners understand what their numbers mean and use them to make better decisions about hiring, pricing, spending, growth, and owner compensation.

You will learn:

• What a fractional CFO does for a small business
• How to determine what you should pay yourself as a business owner
• Why irregular owner compensation can create financial stress
• How to build a profit plan around your personal income needs
• How revenue, expenses, profit, and CEO pay work together
• How to determine whether your services are underpriced
• The difference between cost-based and value-based pricing
• How to use financial projections to plan for business growth
• Who should be included on your business “money team”
• When a growing company may need a bookkeeper, tax professional, financial planner, or fractional CFO
• Why personal money habits often affect business financial decisions
• How time tracking can reveal unproductive or avoidant activities
• How to build a profitable business without sacrificing your health or personal life

Iyanna also shares her experience redesigning her company after burnout forced her to reduce her workweek. She explains how she improved her services, delegated responsibilities, reduced unnecessary meetings, and created more room for sales, marketing, family, faith, and rest.

The conversation also explores the emotional side of entrepreneurship, including money avoidance, undercharging, perfectionism, trusting a team, and learning to build a business that supports your life instead of consuming it.

This episode is valuable for consultants, coaches, therapists, professional service providers, practice owners, women entrepreneurs, and small-business owners who want greater clarity and control over their finances.

Connect with Iyanna Vaughn

Lovely Financials Group
Explore Iyanna’s margin assessment to evaluate how you manage cash flow, profit, taxes, and owner compensation.
Follow Iyanna and Lovely Financials Group online for more business financial education and fractional CFO guidance.

About Practice Prosperity

Practice Prosperity features candid conversations with experienced professionals about building sustainable practices, making stronger financial decisions, developing meaningful relationships, and creating wealth beyond the business.

Subscribe for more conversations designed to help practice owners build healthier businesses, pay themselves consistently, and create more prosperous lives.

Firm Links

Practice Prosperity: https://deasilwm.com/practice-prosperity/
Deasil Wealth Management: https://deasilwm.com/
Randall Avery bio: https://deasilwm.com/randall-avery/
Money & Relationships: https://deasilwm.com/money-and-relationships/
Mental Health page: https://deasilwm.com/bwinmh/

Child Psychological Evaluations Explained: ADHD, Anxiety & Warning Signs

YouTube Description

When should you consider a psychological evaluation for your child—and what should you expect from the process?

In this episode of Practice Prosperity, Randall Avery, CFP®, CFA®, speaks with psychologist and practice owner Dr. Nekeshia Hammond about the warning signs parents should not ignore, the cost of delaying an assessment, and how psychological testing can uncover the real reasons behind a child’s academic, behavioral, or emotional challenges.

Dr. Hammond explains the complete child psychological evaluation process, including the initial consultation, testing appointment, feedback session, written report, and potential recommendations for the child’s school and home environment.

You will learn:

• Common signs that a child may need a psychological evaluation
• How ADHD, anxiety, depression, and learning disabilities can appear in children
• Why attention problems do not always mean ADHD
• How teachers, pediatricians, and parents can identify early warning signs
• What happens during psychological and educational testing
• How an evaluation may help families access school accommodations and support
• Why an assessment should not become a child’s entire identity
• The financial and emotional cost of delaying mental health care

The conversation also explores Dr. Hammond’s journey from solo psychologist to practice owner. She shares practical lessons about growing a mental health practice, building professional referral relationships, hiring clinicians, using social media, finding the right business coach, preparing for unexpected business disruptions, and defining prosperity beyond revenue.

This episode is valuable for parents, therapists, psychologists, mental health professionals, private practice owners, and anyone interested in child mental health or practice growth.

Connect with Dr. Nekeshia Hammond

Hammond Psychology & Associates
Speaking and burnout-prevention programs: DrNekeshiaHammond.com
Follow Dr. Hammond on LinkedIn, Instagram, Facebook, and YouTube.

About Practice Prosperity

Practice Prosperity features candid conversations with experienced professionals about building sustainable practices, strengthening financial decision-making, creating meaningful professional relationships, and developing wealth beyond the business.

Subscribe for more conversations designed to help private practice owners build healthier businesses and more prosperous lives.

Firm Links

Practice Prosperity: https://deasilwm.com/practice-prosperity/
Deasil Wealth Management: https://deasilwm.com/
Randall Avery bio: https://deasilwm.com/randall-avery/
Money & Relationships: https://deasilwm.com/money-and-relationships/
Mental Health page: https://deasilwm.com/bwinmh/

Many parents spend decades building wealth through disciplined saving, investing, homeownership, and business ownership. As retirement approaches, a common concern begins to surface:

“What happens to our assets after we’re gone?”

More specifically:

“If one of our children gets divorced in the future, could a portion of our life’s work end up going to an ex-spouse?”

It’s a reasonable concern. Whether you’ve accumulated $500,000 or $1.5 million in assets, most parents want their wealth to benefit their children and grandchildren—not leave the family through a divorce settlement.

The good news is that there are several estate planning strategies that can help protect inherited assets while still allowing your children to benefit from them. For families in Georgia, understanding how inherited assets may be treated under Georgia law is an important part of the planning process.

Why Inheritance Protection Matters in Georgia

In Georgia, inherited assets are generally considered separate property rather than marital property. However, inherited assets can become vulnerable during a divorce if they are commingled with marital assets or otherwise treated as shared property.

For example:

• Depositing inherited cash into a joint bank account
• Using inherited funds to pay down a jointly owned home
• Adding a spouse’s name to inherited property
• Combining inherited investments with marital investment accounts

Over time, these actions can blur the line between separate property and marital property.

As a result, assets intended for your child may become vulnerable during divorce proceedings in Georgia.

Strategy #1: Leave Assets in a Trust Instead of Distributing Them Outright

One of the most effective ways to protect an inheritance is through a properly drafted trust.

Rather than leaving assets directly to your child, you leave the assets to a trust that is established for your child’s benefit.

The trust can still allow your child access to funds for:

• Health expenses
• Education
• Housing
• Family needs
• Other purposes outlined in the trust document

However, the assets remain owned by the trust rather than by the child personally.

This distinction can create an additional layer of protection against:

• Divorce claims
• Creditors
• Lawsuits
• Poor financial decisions

For many Georgia families with approximately $1.5 million in total assets, a relatively straightforward trust structure may be sufficient.

Strategy #2: Use Strong Spendthrift Provisions

Many trusts include what is known as a “spendthrift provision.”

A spendthrift provision generally restricts a beneficiary from transferring their interest in trust assets and can help shield trust assets from certain creditor claims.

This provision helps reinforce the separation between:

• Trust-owned assets
• Personally owned assets

When combined with proper trust administration, this can provide meaningful protection for inherited wealth.

For Georgia residents, properly drafted spendthrift provisions may strengthen the asset protection benefits of a trust when implemented as part of a comprehensive estate plan.

Strategy #3: Teach Children to Keep Inherited Assets Separate

Even the best legal documents cannot overcome poor financial habits.

Parents should educate their children about the importance of maintaining inherited assets separately.

Examples include:

Good Practices

✓ Keeping inherited funds in separate accounts

✓ Maintaining detailed records

✓ Avoiding joint ownership with a spouse

✓ Consulting legal and financial professionals before making major transfers

Practices to Avoid

✗ Depositing inheritance proceeds into joint checking accounts

✗ Using inheritance funds to improve jointly owned property

✗ Retitling inherited investments into joint ownership

These seemingly harmless decisions can create unintended consequences years later.

In Georgia, maintaining clear records and avoiding commingling can be critical to preserving the separate nature of inherited assets.

Strategy #4: Consider a Prenuptial Agreement

For adult children who are not yet married, a prenuptial agreement can provide another layer of protection.

A well-drafted prenup may clarify that:

• Future inheritances remain separate property
• Appreciation on inherited assets remains separate property
• Trust interests remain separate property

While these conversations can feel uncomfortable, they often help families avoid future disputes.

Georgia generally recognizes valid prenuptial agreements that meet applicable legal requirements, making them a valuable planning tool for some families. 

Strategy #5: Coordinate Estate Planning and Financial Planning

One of the biggest mistakes families make is viewing estate planning and financial planning as separate conversations.

In reality, they work best together.

A comprehensive review should address:

• Beneficiary designations
• Trust provisions
• Retirement accounts
• Tax considerations
• Family dynamics
• Asset titling
• Long-term wealth transfer goals

An inheritance protection strategy is most effective when all pieces of the plan work together.

For Georgia families, coordinating with both financial professionals and a Georgia estate planning attorney can help ensure your plan aligns with state-specific laws and objectives.

What About Larger Estates?

For families with approximately $1.5 million in assets, a straightforward estate plan and trust strategy may be sufficient.

However, as wealth increases, additional planning opportunities and risks may arise.

Families with larger estates, significant business interests, multiple properties, complex family situations, or multi-generational wealth goals should consider working with an experienced Georgia estate planning attorney to evaluate more advanced trust strategies.

The goal is not necessarily to create complexity.

The goal is to ensure your plan reflects the size of your estate and your family’s unique circumstances.

Final Thoughts

Most parents don’t spend decades building wealth so it can leave the family through avoidable mistakes.

If protecting your children’s inheritance is important to you, now is the time to review your estate plan.

Simple steps such as utilizing a trust, maintaining proper asset ownership, educating your children, and coordinating with legal and financial professionals can go a long way toward preserving family wealth for future generations.

For Georgia families, proactive planning can help reduce the risk that inherited assets become subject to disputes or unintended consequences during a future divorce.

A thoughtful estate plan doesn’t just transfer assets.

It transfers opportunity, security, and the values you’ve spent a lifetime building.

Important Disclaimer

This article is for educational and informational purposes only and should not be construed as legal, tax, or estate planning advice. Estate planning and divorce laws vary by state, including Georgia, and individual circumstances. Before implementing any estate planning strategy, consult with a qualified Georgia estate planning attorney and tax professional regarding your specific situation. Deasil Wealth Management does not provide legal services.

When most people hear “W-4 form,” they think of a boring HR document completed on their first day of work and forgotten forever.

But for high-income professionals, practice owners, and families working toward financial independence, the W-4 may be one of the most powerful—and most overlooked—cash flow management tools available.

At Deasil Wealth Management, we often see clients focused on investments, retirement accounts, taxes, and business growth while unknowingly allowing thousands of dollars to flow unnecessarily to the IRS throughout the year.

A properly adjusted W-4 can help improve monthly cash flow, reduce tax surprises, create more intentional financial planning opportunities, and accelerate wealth building.

What Is a W-4 Form?

A W-4, officially called the Employee’s Withholding Certificate, tells your employer how much federal income tax to withhold from each paycheck.

The IRS uses the information on your W-4 to estimate how much tax should be withheld based on your income, family situation, deductions, and other tax factors.

The goal is simple:

• Avoid owing a large amount at tax time
• Avoid receiving an unnecessarily large refund
• Improve cash flow throughout the year
• Reduce the risk of underpayment penalties

While many people celebrate receiving a large tax refund, a refund often means you gave the government an interest-free loan for the entire year.

Why Financial Planners Pay Attention to W-4 Forms

Most people think tax withholding is an accounting issue.

In reality, it is often a financial planning issue.

The amount withheld from your paycheck directly impacts:

• Monthly cash flow
• Retirement savings
• Investment opportunities
• Debt reduction strategies
• Emergency fund growth
• Business reinvestment decisions

For high-income professionals and practice owners, these decisions can significantly impact long-term wealth accumulation.

The Hidden Cost of Large Tax Refunds

Let’s look at an example.

Suppose a therapist, physician, attorney, or practice owner receives a $9,600 tax refund each year.

That equates to approximately:

$9,600 ÷ 12 = $800 per month

That $800 could instead be used to:

• Fund a Roth IRA
• Build a brokerage account
• Increase 401(k) contributions
• Build a cash reserve
• Pay down high-interest debt
• Invest back into a growing practice

A better question may be:

“Would you rather receive a $9,600 refund next April, or have an additional $800 available every month to help achieve your financial goals?”

Major Life Events That Should Trigger a W-4 Review

Many people complete a W-4 once and never revisit it.

However, significant life changes can dramatically alter your tax situation.

You should review your withholding whenever you experience:

Marriage

Two incomes often create tax situations that differ significantly from what either spouse experienced individually.

Divorce

Changes in filing status and household income can impact withholding needs.

Birth or Adoption of a Child

Tax credits and deductions may reduce overall tax liability.

Job Changes

A new salary, bonus structure, or compensation package may require adjustments.

Retirement

New income sources such as pensions, Social Security, and retirement account withdrawals can change withholding needs.

Business Growth

Practice owners experiencing increased profits may need to increase withholding or estimated tax payments.

How Practice Owners Can Use W-4 Planning Strategically

Many practice owners have a combination of:

• W-2 income
• Business income
• K-1 income
• Rental income
• Investment income

This complexity creates planning opportunities.

For example, consider a household where:

• One spouse owns a therapy practice.
• The other spouse works for a hospital or large employer.

Instead of making large quarterly estimated tax payments, it may be possible to increase withholding through the employed spouse’s paycheck.

One unique advantage is that the IRS generally treats withholding as if it were paid evenly throughout the year, even if adjustments occur later in the year.

This can sometimes help reduce the risk of underpayment penalties while simplifying cash flow management.

Coordinating Retirement Contributions and Tax Withholding

A W-4 review becomes particularly important when implementing tax-saving strategies such as:

• Traditional 401(k) contributions
• Solo 401(k) plans
• SEP IRA contributions
• Defined Benefit Plans
• Cash Balance Plans

These strategies may significantly reduce taxable income.

Without updating withholding, some individuals continue having too much tax withheld despite reducing their overall tax liability.

A coordinated review can improve monthly cash flow while maintaining compliance with IRS requirements.

Bonus Income, RSUs, and Variable Compensation

High-income professionals often receive compensation beyond their regular salary.

Examples include:

• Annual bonuses
• Restricted Stock Units (RSUs)
• Commissions
• Profit-sharing distributions
• Equity compensation

Many employers use standard withholding methods that may not accurately reflect the employee’s actual tax bracket.

This frequently results in:

• Large tax bills
• Large refunds
• Cash flow inefficiencies

A proactive withholding review can help create more predictable outcomes.

W-4 Planning and Retirement Transitions

Retirement often introduces multiple new income streams:

• Social Security
• Pension income
• IRA distributions
• Part-time consulting income
• Investment income

Many retirees discover that taxes are not being withheld automatically from all income sources.

Without proper planning, this can create unexpected tax liabilities.

Reviewing withholding before retirement helps create a smoother transition and greater confidence in retirement income planning.

How Often Should You Review Your W-4?

At a minimum, consider reviewing your withholding:

• Annually
• After receiving a raise
• Following a promotion
• After marriage or divorce
• Following the birth of a child
• After major retirement contribution changes
• Following significant investment or business income changes

Think of your W-4 as a living financial planning tool rather than a one-time HR form.

The Financial Planner’s Perspective

At Deasil Wealth Management, we believe financial planning is about helping clients become more intentional with every dollar.

Your W-4 influences the amount of money available to save, invest, spend, and deploy toward your goals every month.

While it may seem like a simple tax form, it can have a meaningful impact on:

• Cash flow management
• Retirement planning
• Tax planning
• Business owner planning
• Wealth accumulation

The goal is not necessarily to maximize your refund.

The goal is to maximize financial efficiency.

Final Thoughts

For many high-income professionals and practice owners, the W-4 is one of the easiest financial planning opportunities to overlook.

Yet a simple review can potentially free up hundreds—or even thousands—of dollars each month that can be redirected toward retirement accounts, investment accounts, debt reduction, or business growth.

If it has been several years since you reviewed your withholding, now may be a good time to revisit it.

A properly calibrated W-4 can help turn tax withholding from an administrative task into a strategic component of your overall financial plan.

Ready for More Financial Clarity?

If you’re a practice owner, therapist, physician, attorney, or high-income professional looking to improve your cash flow, reduce financial stress, and make smarter financial decisions, schedule a complimentary consultation.

CLICK HERE – https://calendly.com/deasil/15min

1. Not Budgeting (Personally and Professionally) or Creating Annual Business Projections

The biggest danger for any business owner is running out of cash. That usually happens when you are not paying attention to the numbers. The foundation of any strong financial system starts with a budget and annual projections for revenue and expenses.

You need to know:

• What it costs to run your business
• What it costs to maintain your lifestyle
• Whether your current income supports both

This is why personal budgeting matters just as much as business budgeting. If your personal lifestyle requires more cash than the business can consistently produce, financial stress eventually follows.

2. Mixing Business and Personal Finances

Once you understand your numbers, the next step is creating separation between your business and personal finances. Mixing transactions makes it difficult to understand what your business truly costs to operate and where your money is actually going.

Clear separation creates:

• Better financial visibility
• Cleaner bookkeeping
• Easier tax preparation
• Better business decision-making

If you cannot clearly see the financial health of your business, it becomes much harder to grow it strategically.

3. Paying Thyself an Irregular Income

Some business owners simply pay themselves whatever is left over at the end of the month. That approach often creates instability, limits reinvestment opportunities, and can force the business into unnecessary debt.

A profitable business should create a structured compensation system for the owner. Paying yourself consistently creates:

• Predictable personal cash flow
• Better budgeting habits
• More disciplined business management
• Stronger long-term decision-making

You should pay yourself like an owner, not like an afterthought.

4. Falling Victim to Business Lifestyle Creep

As business income increases, there is a natural temptation to buy the next fancy tool, software, service, or office upgrade. Because expenses run through the business, owners often justify unnecessary spending by saying, “It’s just a write-off.”

But remember:
You are in business to make money — not simply spend it.

As your business grows, continue to operate economically and intentionally. Every expense should either:

• Increase revenue
• Improve efficiency
• Enhance client experience
• Strengthen enterprise value

Growth without discipline can quietly destroy profitability.

5. Measuring Business Health by Revenue Instead of Ratios

Everyone loves hearing impressive revenue numbers, but high sales do not automatically mean you have a healthy business.

Instead of focusing only on top-line revenue, pay attention to the ratios that actually determine financial strength:

• Average revenue per client
• Profit margins
• Expense growth rates
• Client acquisition costs
• Revenue per employee

Is revenue growing faster than expenses?
Are margins improving over time?
Is the business becoming more efficient?

Compare your numbers against industry benchmarks to identify opportunities for improvement and growth.

6. Not Setting Aside Money for Sales, Marketing, and Relationships — or Tracking ROI

Growth rarely happens accidentally. It takes intentional investment to create a scalable business.

I have found it valuable for business owners to proactively allocate money toward:

• Marketing
• Networking
• Relationship-building
• SEO
• Social media
• Client experiences

This may mean taking clients and prospects to lunch, attending niche events, or investing in digital marketing strategies.

The key is not just spending money — it is tracking the return on investment. Every dollar allocated toward growth should support a clear strategy and measurable outcome.

7. Not Setting Aside Money for Taxes

Taxes get many profitable businesses into trouble. A large unexpected tax bill can derail future business plans and create unnecessary financial stress.

Business owners need a system for consistently setting aside money throughout the year for taxes. Taxes should never feel like a surprise.

Strong businesses prepare for taxes proactively, not reactively.

8. Not Automatically Transferring Money Into Retirement Accounts

As a practice owner, it is critical to build wealth outside of your business. Retirement accounts can also create powerful tax advantages while helping you create long-term financial independence.

Some retirement savings vehicles can dramatically accelerate wealth creation, but consistency matters more than perfection. The best system is still automation.

Automatically transferring money from your business account into retirement accounts removes emotion and decision fatigue from the process. It turns wealth-building into a habit rather than an occasional decision.

9. Not Keeping a Strategic Business Wish List

You cannot buy everything at once. That is why I recommend every business owner maintain a strategic business wish list.

For every potential purchase, ask:

• What do I want to buy?
• Why do I want to buy it?
• What result do I expect?
• At what stage of growth does this investment make sense?

Regularly review and prioritize the list.

This creates intentional spending decisions instead of emotional ones. Then, when business wins happen, you are not increasing expenses because of lifestyle creep — you are investing strategically in opportunities you identified months earlier.

10. Not Creating a “Who Not How” Organization Chart or Outsourcing Plan

If you want to scale your business beyond yourself, you must think ahead about the people and services your future business will require.

I encourage clients to create an organizational chart for the business they want to build — not just the business they currently have. Map out:

• Future roles
• Key responsibilities
• Expected value each role creates
• Which functions should be outsourced
• Which functions should eventually move in-house

This exercise forces you to think strategically about growth, delegation, and scalability.

Many business owners stay stuck because they only think about how to do more work themselves instead of identifying who can help the business grow.

A truly profitable business is not built on revenue alone — it is built on intentional financial systems, disciplined decision-making, and the ability to turn income into long-term wealth. The business owners who create lasting success are not simply the ones who work the hardest; they are the ones who understand their numbers, plan ahead, reinvest strategically, and build a business that supports both their personal life and future goals. Avoiding these financial sins will not guarantee overnight success, but it will dramatically increase the odds that your business becomes not only profitable, but sustainable, scalable, and capable of creating wealth far beyond the income it produces today.

Most practice owners don’t have a revenue problem—they have a time and leverage problem. In this episode of Practice Prosperity, Randall Avery sits down with Julbert Abraham to break down how business owners can scale faster by leveraging global talent, freeing up time, and focusing on what actually drives growth.

If you’re a therapist, attorney, medical provider, or business owner making $120K+ but feeling stuck, this conversation will help you rethink delegation, profitability, and how to turn income into real wealth—without burning out.

About Julbert Abraham:

Julbert Abraham is the founder of Elevation Works and a specialist in helping business owners scale through global talent and operational systems. After building and exiting a previous business, he now helps service-based businesses remove bottlenecks, improve efficiency, and grow faster using remote teams and AI-enabled workflows.

Connect with Julbert Abraham:

Website: https://elevationworks.co/

LinkedIn: https://www.linkedin.com/in/elevationworks1/

Firm Links

Practice Prosperity: https://deasilwm.com/practice-prosperity/
Deasil Wealth Management: https://deasilwm.com/
Randall Avery bio: https://deasilwm.com/randall-avery/
Money & Relationships: https://deasilwm.com/money-and-relationships/
Mental Health page: https://deasilwm.com/bwinmh/

Most therapy practice owners are making good money—but still feel behind financially. In this episode of Practice Prosperity, Randall Avery sits down with Lorin Hamilton, an accountant who works exclusively with therapists, to break down the tax strategies, financial systems, and business decisions that actually turn income into real wealth. If you’re a therapist, attorney, medical provider, or business owner earning $120K+ and wondering why your success isn’t translating into financial clarity, this conversation will help you rethink how you manage cash flow, taxes, and long-term wealth.

Lorin Hamilton is an accountant with over 15 years of experience specializing exclusively in working with therapists and private practice owners. She helps practice owners simplify their accounting, improve profitability, and make smarter tax decisions so they can build sustainable, wealth-generating businesses.

Relevant Links:
Website: openbooks.llc
YouTube: https://www.youtube.
com/@OpenBooksAccounting
Facebook: https://www.facebook.com/profile.php?id=61568075248214
LinkedIn: https://www.linkedin.com/in/lorin-hamilton-ea-mba-6817151b/
Free resources for therapists: https://www.openbooks.llc/resources
Financial health check: https://www.openbooks.llc/therapist-financial-health-check

Ready for a Financial Planner? Click Here to Start Your Journey – https://calendly.com/deasil/15min

#FinancialPlanning #PracticeOwners #Therapists #BusinessOwners #TaxStrategy #WealthBuilding #PrivatePractice #MoneyAndRelationships

Firm Links

Practice Prosperity: https://deasilwm.com/practice-prosperity/
Deasil Wealth Management: https://deasilwm.com/
Randall Avery bio: https://deasilwm.com/randall-avery/
Money & Relationships: https://deasilwm.com/money-and-relationships/
Mental Health page: https://deasilwm.com/bwinmh/

Practice owners, business owners, and couples can look successful on paper and still feel overwhelmed, restless, and emotionally stretched thin. In this episode of Practice Prosperity, Randall Avery sits down with licensed psychologist Dr. Kris Bronson to talk about anxiety, media overload, sleep, social comparison, private practice growth, and how high earners can build a life that feels stable both emotionally and financially.

Dr. Kris Bronson is a licensed psychologist with Alliance Counseling in Wilmington, Delaware. She works with teens, adults, and older adults, and specializes in anxiety, stress, insomnia, relationship issues, mindfulness, and career counseling. She also facilitates presentations and continuing education workshops, including mindfulness training for mental health professionals.

If you are a therapist, dentist, lawyer, accountant, clinician, or other business owner trying to build wealth without burning out your health, relationships, or peace of mind, this conversation will give you practical perspective. Randall and Dr. Bronson explore how prosperity is not just about income, but also about clarity, boundaries, emotional wellness, and building a business that supports your life.

Guest Bio for Description
Dr. Kris Bronson is a licensed psychologist in private practice in Wilmington, Delaware and a member of Alliance Counseling. She provides counseling and psychotherapy for teens, adults, and older adults, with expertise in depression, anxiety disorders, stress, relationship issues, eating disorders, insomnia, life transitions, and career counseling. She has also presented workshops for over 30 years on mindfulness, stress reduction, counselor training, career development, and workplace change.

Guest Links

LinkedIn: https://www.linkedin.com/in/kris-bronson-ph-d-899a2656
Website: https://alliance-counseling.com/
Kris Bronson profile: https://alliance-counseling.com/kris-bronson
Facebook: https://www.facebook.com/alliancecounselingDE/
Career workshop page: https://alliance-counseling.com/creating-a-new-career
Groups & Workshops: https://alliance-counseling.com/groups-%26-workshops

These match the official Alliance Counseling site and the LinkedIn/Facebook results I verified.

Firm Links

Practice Prosperity: https://deasilwm.com/practice-prosperity/
Deasil Wealth Management: https://deasilwm.com/
Randall Avery bio: https://deasilwm.com/randall-avery/
Money & Relationships: https://deasilwm.com/money-and-relationships/
Mental Health page: https://deasilwm.com/bwinmh/

Anthonia Berry is the CEO and founder of Strategy Academy, a firm dedicated to helping attorneys grow, scale, and launch successful law practices. She specializes in business development for lawyers, guiding them on how to attract clients, build sustainable firms, and transition from employee to owner.

Website: https://strategyacademy.us
LinkedIn: https://www.linkedin.com/in/anthoniasberry/

Dr. Alonda Alloway is a licensed clinical social worker and founder of Loudoun Counseling & Coaching, where she brings together mental health, financial well-being, and physical wellness to help high-performing individuals build a more complete life—not just a successful career.

With nearly three decades of experience, she works with professionals navigating anxiety, burnout, identity loss, and major life transitions—especially when success no longer feels like security. Her approach blends clinical expertise with real-world perspective, helping clients rebuild confidence, redefine who they are beyond their title, and make better decisions in both life and business.

Wendy Pitts Reeves, LCSW, is a psychotherapist, private practice coach, speaker, and host of the Ideal Practice podcast. She helps therapists and other healing professionals build practices that are more profitable, more sustainable, and more aligned with the life they actually want. Her materials describe her as a therapist-turned-entrepreneur with 25+ years of clinical and business experience and founder of C2C Consulting.

Ideal Practice  w/ Randall Avery – https://podcasts.apple.com/us/podcast/how-to-use-a-profit-loss-statement-to-run-a/id1620799347?i=1000750086011

Website · https://www.wendypittsreeves.com/

Podcast · https://www.wendypittsreeves.com/podcast

LinkedIn · https://www.linkedin.com/in/wendypittsreeves

Feeling stuck trying to grow your business in today’s economy?

In this episode of Practice Prosperity, I sit down with business coach Kwame Michel to talk about what business owners really need to scale, adapt, and stay relevant. We go beyond taxes and numbers and get into mindset, pricing, leadership, discipline, delegation, and investing in yourself as a business owner. This conversation is for entrepreneurs who want sustainable growth, better clients, and a business that supports their life, not drains it. If you are serious about building a business that lasts, this episode is for you.

Feeling burned out while trying to build a meaningful career and business? In this episode of Practice Posterity, I sit down with Renee’ Bryan, M.A., LPC, founder of Closer to Eden, to talk about:

• Burnout and real work life balance
• How young professionals can still win in a changing job market
• Social currency, relationships and getting clients without living on social media
• DEI shifts, leadership and corporate wellness
• Legacy, pricing your services and building wealth as a practice owner

If you are a therapist, practice owner, business owner or high achieving professional, this talk will help you protect your mental health, grow your impact and build a legacy on purpose. Watch now and share this with a friend who needs to hear it.

Ready for a Financial Planner? Click Here to Start Your Journey – https://calendly.com/deasil/15min

Do you really know what happens to your money, business, and family if something happens to you? In this full episode of Practice Prosperity, estate planning attorney Atty. Jim Fletcher breaks down the biggest estate planning mistakes business owners and families make. We talk about why beneficiary designations are not always enough, why trusts are not just for millionaires, and how probate, incapacity, and poor planning can create stress, delays, and unnecessary costs. This conversation also covers choosing the right trustee, protecting assets from lawsuits and Medicaid recovery, planning for blended families and couples with no children, and when tools like transfer on death deeds actually make sense. If you are a business owner, professional, or just want to make things easier for the people you love, this episode will help you think differently about protecting your legacy.

We talk about how anxiety builds when you start thinking about what comes next, how your mental state before the job loss shapes your reaction after, and why so many people feel stuck or overwhelmed during this phase. Tonika shares clear insights on emotional health, mindset shifts, and how to support yourself or someone you care about through these hard moments. This episode is packed with helpful stories, simple steps, and real talk about career changes, stress, identity and the pressure to keep things together. If you want to understand yourself better or improve how you support others, this video will give you the clarity and tools you need.

Ready for a Financial Planner? Click Here to Start Your Journey – https://calendly.com/deasil/15min