The Hidden Cost of Multiple Advisors: An $86,000 Mistake

The Hidden Cost of Multiple Advisors: An $86,000 Mistake Two advisors. One expensive collision. In this episode I unpack how $86,000 in realized capital gains from an uncoordinated brokerage account cascaded into surprise taxes, higher Medicare premiums through IRMAA, and a missed Roth conversion window. If you split assets across firms, this is your wake up call to coordinate or consolidate. What you will learn • Why multiple advisors often create tax and planning conflicts • How IRMAA works and why income thresholds matter for two full years • The hidden cost of realized gains inside taxable accounts • When Roth conversions make sense and how they can be blocked by bracket creep • A simple checklist to audit your advisor relationships and reduce surprises Chapters Hook and story set up Why splitting advisors sounds smart The $86,000 capital gains surprise IRMAA and premium surcharges The Roth conversion opportunity lost The system problem and your role What to do next and coordination checklist Takeaways and next steps

You can listen to The Hidden Cost of Multiple Advisors: An $86,000 Mistake online on Radio and Podcast. Open the player on this page to stream the available audio.

The Hidden Cost of Multiple Advisors: An $86,000 Mistake is an episode from Your Retirement Untangled by Matt Pryor, LLC.

This episode is 24:43 long.

This episode was published on Nov 21, 2025.

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