Wealth Mavericks

Can you grow your wealth without sacrificing your life? In this episode, Erin and Joe unpack the tension between career ambition and true freedom. Discover how the 5 Tens framework helps doctors stay aligned with their values while still pursuing big goals. Whether you're chasing more or learning to say no, this conversation is your reminder: you can build wealth and live well.
 
Learn how we can help you: https://www.terrafirmaconsultant.com/

Get Your Tax Savings Estimate: https://www.terrafirmaconsultant.com/cfrform/

Chapters
00:00 Navigating Work-Life Balance
05:12 Understanding Values and Goals
10:01 L...

What do you do when a team member goes rogue and your reputation takes a hit? In this candid episode, Erin and Joe share the behind-the-scenes story of a recent mistake, how it unfolded, and what they did next. Learn five clear steps for turning a painful leadership moment into a powerful opportunity for growth.

Learn how we can help you: https://www.terrafirmaconsultant.com/

To watch this episode on youtube: https://www.youtube.com/watch?v=6bbasP19evA

Chapters
00:00 Introduction to Team Dynamics and Challenges
04:52 The Rogue Team Member Incident<...

Doctors, don’t wait until it’s too late. In this episode, estate attorney Ciara Lister joins us to break down why a living trust matters, the costly mistakes to avoid, and how you can protect your kids, assets, and legacy—without paying $10K to do it. It’s easier than you think.

 Learn how we can help you: https://www.terrafirmaconsultant.com/

The information in these videos is for informational and educational purposes only and should not be construed as tax, legal, or financial advice. Linked items may create a financial benefit for Terra Firma and...

Fitness is often the first thing to fall off for busy doctors—but it’s also the one thing that unlocks energy, longevity, and joy in every other part of life. In this episode, we talk mindset shifts, simple habits, and real-life doctor stories that prove you can make fitness fun, sustainable, and part of your 10/10 life.

Learn how we can help you: https://www.terrafirmaconsultant.com/

The information in these videos is for informational and educational purposes only and should not be construed as tax, legal, or financial advice. Linked items may create a fina...

Most doctors don’t understand the difference between marginal and effective tax rates — and it’s costing them thousands. In this episode, we break down how the progressive tax system really works, how to avoid overpaying, and why your CPA might be missing critical strategies. If you’re earning more but keeping less, this is the tax talk you didn’t know you needed.

Learn how we can help you: https://www.terrafirmaconsultant.com/

 The information in these videos is for informational and educational purposes only and should not be construed as tax, legal, or financial a...

Most doctors are sitting on hundreds of thousands in home equity—and doing nothing with it. In this episode of Wealth Mavericks, Erin and Bob break down how to use HELOCs strategically to create more wealth, not more debt. From funding investments to tax-smart planning, this is the mindset shift most high earners need.

Learn how we can help you: https://www.terrafirmaconsultant.com/

The information in these videos is for informational and educational purposes only and should not be construed as tax, legal, or financial advice. Linked items may create a fi...

Are you running on fumes? In this episode of Wealth Mavericks, we unpack why so many high-performing doctors are living in chaos—and how to reclaim peace through the power of margin. Erin, Bob, and Joe explore practical ways to create space in your time, finances, and relationships, so you can live on purpose, not by default. If you're feeling stretched too thin, this conversation is the reset you need.

Learn how we can help you: https://www.terrafirmaconsultant.com/

Chapters
00:00 – From Chaos to Peace: The Power of Margin
02:04 – The 5Tens Lifest...

Are 529 plans really the smartest way to save for your child's education—or are there better tools for high-income families? In this episode, Erin and Bob Wolf break down how 529s work, where they fall short, and why flexibility and wealth strategy matter more than cookie-cutter advice. Learn how to plan for your kids' future while building true generational wealth.

Learn how we can help you: https://www.terrafirmaconsultant.com/

The information in these videos is for informational and educational purposes only and should not be construed as tax, legal, or financial advice. Linked items ma...

This week on Wealth Mavericks, we break down where doctors should actually keep their money. Bob shares the powerful “3Ds” of tax-efficient wealth—deductions, depreciation, and distribution—and why the wealthy don’t park cash in savings. If you're sitting on a pile of money "just in case," this episode will change how you think. Learn how to put your dollars to work and build real long-term value.

Learn how we can help you: https://www.terrafirmaconsultant.com/

The information in these videos is for informational and educational purposes only and should not be construed as tax, le...

In this special Wealth Mavericks episode, Erin and Joe sit down with Todd Dathe, whose story is proof that getting clear about what you want—and taking action—can transform your life. From feeling unworthy of big goals to buying his own plane almost to the day he predicted, Todd shares how defining his vision unlocked a new level of freedom, time, and purpose. If you’ve ever wondered whether you can build a life you love, this conversation will show you what’s possible.

Learn how we can help you: https://www.terrafirmaconsultant.com/

The info...

In this episode of Wealth Mavericks, Erin and Joe speak directly to practice owners who feel overwhelmed, alone, and buried by the weight of running their business. They discuss how Terra Firma supports doctors at a deeper level — helping them boost profitability, build stronger teams, and even prepare for a successful exit. If you’re a doctor with a practice, you don’t have to do this alone.

Learn how we can help you: https://www.terrafirmaconsultant.com/

The information in these videos is for informational and educational purposes only and should not be...

Dr. Nate Schneider went from chiropractor to anesthesiologist—and now he’s building serious wealth as a Terra Firma member. In this episode, Nate shares the mindset behind his bold career pivot, how he avoids burnout, his favorite health habits, and what freedom really looks like when you take control of your time and money.

Chapters:
00:00 – From Chiropractor to Anesthesiologist
02:30 – Making a Bold Career Pivot
05:00 – Overcoming Fear & Taking the Leap
07:30 – Staying Healthy & Avoiding Burnout
11:00 – Discovering Terra Firma & Taking Action
15:00 – Defining Financial Freedom & Wealth Goals
20:00 – Living the Five Tens Lifestyle

Most doctors don’t realize what’s possible with strategic tax planning — until they see the results. In this episode, Erin and Joe walk through real tax returns and reveal how Terra Firma clients are saving six figures in taxes. From the discovery process to the final refund, you’ll see how clarity replaces confusion and strategy replaces stress.

Learn how we can help you: https://www.terrafirmaconsultant.com/

Chapters
 00:00 – Intro: Real Tax Results
 01:00 – Discovery vs. Actual Returns
 04:30 – $176K Saved: Client Example
 06:00 – Joe’s Tax Journey Before Terra Firma
 09:40 – Teaching the Next Generation
 ...

In this episode, we tackle the 5 most common tax planning misconceptions doctors face — and how they're keeping you from building real wealth. We break down why W-2 earners can still save big on taxes, why this isn't "too good to be true," why audit fears are often overblown, and why trying to do it all yourself may be costing you much more than you realize. If you're ready to break free from the limiting beliefs holding back your finances, this one's for you.

Learn how we can help you: https://www.terrafirmaconsultant.com/

The information in...

In this episode of Wealth Mavericks, Erin sits down with Dr. Subrat Khanal, a pulmonary and critical care physician, to discuss how he and his wife intentionally balance thriving medical careers, raising a family, building wealth, and prioritizing health. From developing financial freedom to mastering daily habits for longevity, Dr. Khanal shares practical insights on how to live intentionally and avoid burnout, even in high-stress professions.

If you're a doctor seeking more time, freedom, and wealth, this one’s for you!

 Learn how we can help you: https://www.terrafirmaconsultant.com/

The...

Most doctors don’t realize what their bills actually cost once taxes are factored in. A $5,000 mortgage? That’s nearly $8,000 in earned income if you're in a high tax bracket. In this episode, we unpack how taxes impact your everyday expenses—and what you can do to flip the equation. From thinking like a business owner to reworking your cash flow, we’re showing you how to reclaim your dollars and accelerate your wealth.

Email us the word "clarity"  and we’ll send you our full roadmap showing how to unlock your biggest financial questions. support@ter...

If you're a practice owner feeling frustrated with your staff—this episode is for you. We hear it all the time: team members falling short, complacency creeping in, and that dangerous "not my job" attitude. In this powerful conversation, we unpack why it all starts with you, the leader. From establishing clear expectations and core values, to hiring the right people and truly knowing your team, we lay out a practical roadmap for building a thriving, high-performance culture. 

Whether you’re facing resentment, burnout, or just want to elevate your practice, this episode will help you lead with...

Filing an extension isn't a sign of being behind — it's a strategic move that gives high-earning doctors more peace and fewer mistakes. In this episode, Erin and Bob explain why extensions are standard at Terra Firma, how they help prevent costly errors, and why shifting your mindset around tax time is key to thinking like a business owner.  

Whether you're waiting on K-1s or just new to the process, this conversation brings clarity and calm to tax season.

Learn how we can help you: https://www.terrafirmaconsultant.com/ 

The information in th...

In this episode, we explore the emotional side of financial decision-making—the part no spreadsheet can measure. From the desire to be debt-free to the fear of letting go of cash savings, emotions often shape our money moves more than logic. We dive into how feelings like security, guilt, and joy play into major decisions like paying off a mortgage or building wealth. If you’ve ever felt stuck between what makes sense and what feels right, this conversation is for you.

Learn how we can help you / book a call: https://www.terrafirmaconsultant.com/ 

T...

Cash value life insurance gets a lot of mixed reviews—some call it brilliant, others say it’s a waste of money. In this episode, we break down how cash value life insurance can actually be a powerful wealth-building tool when used the right way. We explain where it fits into your financial plan, why it’s not one-size-fits-all, and how doctors like you can avoid common mistakes. 

Whether you're just starting out or already have a policy in place, this conversation will help you see life insurance through a smarter, strategic lens.

Check out our epi...

In this episode, we challenge the traditional thinking around credit cards and emergency funds. Should you really keep six figures in cash earning next to nothing? Or is there a smarter way to access capital when you need it—without sabotaging your long-term wealth? We break down the mindset shift our members go through and show you how the wealthy leverage credit (without falling into debt traps). If you've ever wondered how much cash to keep on hand, or how credit cards can actually support your financial strategy, this one's for you.

Asset Coach and Tax Strategist ep...

Pay Off Your Mortgage or Invest Instead?

For many doctors, being debt-free feels like the ultimate financial milestone. But is paying off your mortgage early actually the smartest move? In this episode, we break down when it makes financial sense, how your tax status changes everything, and why business owners and W-2 earners need to approach this decision differently. 

If you’ve got extra cash each month and aren’t sure whether to pay down your loan or grow your wealth elsewhere—this one's for you.

Learn how we can help you: htt...

What’s the best job you’ve ever had—and what made it great? Chances are, it wasn’t about the paycheck, but the culture. In this episode of Wealth Mavericks, exploring how doctors and practice owners can build a thriving company culture that drives retention, joy, and long-term success. Whether you lead a team or are part of one, we share simple, actionable steps you can take to create clarity, connection, and purpose in your workplace. Culture doesn’t happen by accident—it’s built with vision, values, and intention.

Learn how we can help you: https...

This week, we're diving into one of our favorite topics: net zero tax liability. Most doctors think it’s impossible—but it’s not. In this episode, we break down how high-income physicians can use the tax code, business structures, and strategic investments to dramatically reduce (or even eliminate) their tax bill. We’re not talking loopholes—we’re talking real IRS-approved strategies that shift you from overpaying taxes to building wealth intentionally. 

 Ready to stop writing six-figure checks to the IRS? Let’s talk.

Learn how we can help you: https://www.terra...

Are Defined Benefit Plans the right move for doctors? In this episode of Wealth Mavericks, we break down how they work, their tax perks, and the risks most advisors don’t mention. Locking up capital and future tax surprises could cost you. Before committing, get the full picture and make a smarter retirement plan. 

 Learn how we can help you: https://www.terrafirmaconsultant.com/ 

Connect with Erin on Linkedin: https://www.linkedin.com/in/enevicosi/

Schedule some time with Erin: https://meetings.hubspot.com/nevicosi

The inform...

Doctors, are 401(k)s really the best way to save for retirement? In this episode, we break down the real rules behind 401(k)s, IRAs, Roth IRAs, and other retirement accounts—plus what high-income earners need to know about taxes, asset protection, and building wealth beyond the basics. 

 If you've ever wondered "Am I saving the right way?" this one's for you.

Schedule some time with Erin: https://meetings.hubspot.com/nevicosi

Learn how we can help you: https://www.terrafirmaconsultant.com/ 

The information in these videos is for i...

Success isn’t random—it’s purpose-built. In this episode of Wealth Mavericks, we break down why clarity in values leads to better financial and business decisions. Whether you’re running a practice, growing wealth, or just trying to get your financial life in order, having a clear vision makes everything easier. 

Stop living in reactive mode and start building wealth with purpose.

Schedule some time with Erin: https://meetings.hubspot.com/nevicosi

Learn how we can help you: https://www.terrafirmaconsultant.com/ 

The information in these video...

If financial chaos is holding you back, this episode is for you! We break down simple, practical steps to get organized, reduce stress, and stop leaving money on the table. From setting up a tax box to tracking your assets, these easy habits can save you thousands and help you build peaceful, sustainable wealth. Stop procrastinating—take control of your financial life today.

Connect with Erin on Linkedin: https://www.linkedin.com/in/enevicosi/

Schedule some time with Erin: https://meetings.hubspot.com/nevicosi

Learn how we can help you: https://www.terrafirmaconsultant.co...

Why do the rich get richer? 

In this episode of Wealth Mavericks, we break down how the wealthy use the tax code, build productive assets, and make smarter financial moves to stay ahead—and how you can do the same. It’s not about working harder; it’s about making your money work for you. Ready to level up and stop leaving money on the table? Tune in now!

Connect with Erin on Linkedin: https://www.linkedin.com/in/enevicosi/

Schedule some time with Erin: https://meetings.hubspot.com/nevicosi

Le...

Welcome back to Wealth Mavericks, where we help doctors build generational wealth!

How much risk should you take when investing? In this episode, we break down the risk vs. reward equation and why higher risk doesn’t always mean higher returns. Learn how the wealthy mitigate risk strategically and why most investors make avoidable mistakes when assessing investments.

🔹 How to identify & manage investment risk
🔹 Why traditional risk assessments don’t tell the full story
🔹 The “Swiss Cheese” approach to building wealth safely

🚀 Want to grow your wealth while lowering risk? Book a Cash Flow Recovery...

In this episode, Bob Wolf and Joe Arioto dive into the world of mutual funds and private placements for accredited investors. They break down the key differences, explaining how mutual funds pool investor money for diversified investments, while private placements offer more focused, less liquid opportunities. 

Discover why accredited investors have access to exclusive investments, and why understanding these options is crucial for building long-term wealth—especially for high-income professionals like doctors. Tune in for insights on how to navigate this complex financial world!

 Webpage Bob mentions in t...

 In this episode of Wealth Mavericks, Erin, Bob, and Joe break down what sets Terra Firma’s membership apart for doctors. We explore how our holistic, personalized approach to financial planning not only builds generational wealth but also slashes tax liabilities, helping you keep more of your hard-earned income. By connecting the dots across taxes, investments, insurance, and more, we offer strategies designed to provide clarity and control over your financial future. 

Our commitment to long-term relationships and proactive strategies means you can enjoy true peace of mind—knowing your financial plan is working as hard as you ar...

If you’re tired of overpaying taxes, this episode is for you!

 In this episode, we break down the difference between active and passive income, and why understanding both is crucial for doctors looking to save on taxes and build long-term wealth. From the complexities of the tax code to practical strategies for structuring your finances, we’ll show you how to navigate the system and make it work in your favor. 

Connect with Erin on Linkedin: https://www.linkedin.com/in/enevicosi/ 

Schedule some time with Erin: https://meetings.hubspot.com/nevicosi

Le...

In this episode, Bob, Joe and Erin discuss how proactive tax planning can transform the stress of tax season into peace of mind. They highlight the benefits of starting early in the year, including greater opportunities to save money and structure assets strategically. 

With insights tailored to physicians and business owners, this conversation dives into how thoughtful tax planning can reduce liabilities, maximize wealth, and break the cycle of last-minute tax chaos.

Connect with Erin on Linkedin: https://www.linkedin.com/in/enevicosi/ 

Schedule some time with Erin: https://meetings.hubspot.com/nevicosi

In this episode, we dive deep into a crucial question for high-income professionals, especially doctors: Are your assets truly working for you? We explore how misaligned assets can lead to unnecessary taxes and inefficiencies, and how you can realign them to create long-term financial success. With real-life examples, we discuss common mistakes and provide strategies to ensure your assets are serving your bigger goals—whether that's minimizing taxes or growing your wealth. 

If you're earning more than you need and feel your assets might not be working as hard as they could be, this episode is for you...

Rebuilding trust after being burned can feel overwhelming, but it’s possible to move forward with confidence and clarity. In this episode, we explore how to reflect on past experiences without carrying the weight of mistrust into the future. 

Learn how to distinguish trustworthy relationships, release fear, and step boldly into new opportunities with faith and confidence.

 Connect with Erin on Linkedin: https://www.linkedin.com/in/enevicosi/ 

Schedule some time with Erin: https://meetings.hubspot.com/nevicosi

Learn how we can help you: https://www.terrafirmaconsultant.com/ 

The...

Today we continue our conversation about forging a different path and doing things differently than the herd. Bob is a lived example of stepping off the path that most financial advisors and tax pros take and it led him to create Terra Firma.  

Tune in to hear Bob’s story and the steps he took to walk away from the heard and develop his own path. Doc you deserve a team that works as hard as you do and will never stop learning to better serve you. We promise, your current team isn’t doing that.

Con...

Venturing off the beaten path can feel daunting, especially when it comes to something as important as your finances. Many of our new members share the same hesitation: if nobody they know works with a tax strategist, why should they?

In this episode, we’ll explore why separating from the herd can be a powerful move. Hear the story of how Bob saw the massive gap in tax planning for small and medium-sized business owners and chose to take a different route. And learn why stepping away from the norm can lead to far better outcomes.

 It’s a common frustration: you ask your CPA about a tax-saving strategy, only to be met with skepticism, resistance, or a downright no. If they’re the expert, why aren’t they helping you save more? In this episode, we tackle the disconnect between tax preparation and tax planning - and why your CPA may not be equipped to maximize your savings.

Learn why most CPAs focus on filing taxes instead of strategizing to lower your tax liability and how this difference is costing you greatly. We’ll share why proactive tax planning is critical...

Running a successful medical practice takes more than excellent patient care—it requires strong business fundamentals, too. Unfortunately, many doctors were never taught these skills. In this episode, we’re diving into how we help our members not only save on taxes but also optimize their practices for peak performance. 

Discover the strategies we use to help doctors enhance efficiency, boost profitability, and increase the value of their business for a successful eventual exit. Whether you’re early in your career or thinking about succession, this episode will provide insights to help you build a thriving practice that’s...