Spokane Wealth Management is No Longer Exclusive to Billionaires

Most Spokane wealth management focuses solely on brokerage, but completely misses at least 29 other areas. Our comprehensive family office services give you convenient access to 70+ professionals usually only afforded by billionaires.

Serving the greater Spokane area’s 403,043 residents and 28,000 businesses spanning Millwood, Liberty Lake, Fairwood, and beyond for all of your Spokane small business accounting needs.

Case Study

How We Helped a Couple Save $160,000 in Taxes After a Big Whoopsie!

Break Into the Top 2%

According to a recent Spectrum study, 78% of high-networth clients expect “wealth transfer advice” and “trust services” from their advisors, but only 2% receive it.

Making Billionaire Family Office Services Attainable for Everyone

To grow and retain your wealth today and for generations to come, you’ll need a team of experts comprised of attorneys, accountants, financial advisors, risk mitigation specialists, and business advisors.

The full-time in-house employment of all of these professionals for wealth management is known as a “family office,” and it’s usually reserved for billionaires because hiring all of these services individually could break your bank.

Plus, do you have the time and know-how to assemble this team?

That’s why we’ve done it for you!

Our Wealth Management
Solutions Are for You if You Want…

Your Wealth to Be Protected

We go beyond expectations, helping you structure and preserve your wealth in this lifetime and beyond.

Access to a Team of Professionals

Our family office services give you convenient access to all the accountants, lawyers, and advisors you need.

To Ward Off Issues Before They Happen

With our proactive and holistic guidance, we’ll plan ahead so you and your family always end up on top.

«We’ve assembled 70+ professionals in our family office so you have all the wealth guidance and support you need to ensure your legacy wealth is secured for you and your family.»

Trusted by Spokane Business Owners

“They were quick to get back to us and set up an in person appointment to discuss final taxes on an estate. The office was professional and in a great easy to get location.”

Doddie Dunbar

“We have had our taxes done here for many years. They have always been professional and provided excellent customer service.”

Rhiannon O'Brien

“Tim is wonderful. Easy to work with and very thorough, saving me money on my business taxes. I wouldn't use anyone else.”

Tessie Adams

CPAs With a Passion for Family Office Services

Established in 1964 in Portland’s Hollywood district, this firm already offered extraordinary tax planning services. Since then, I have evolved our company beyond the typical Spokane accounting firm to include estate planning and wealth advisory because I wanted to take care of my family’s legacy wealth and help others do the same.

Over the years, clients have passed away and I’ve seen the disaster it creates for those who don’t have a plan in place. I truly want better for you and your family.

I know what good estate planning looks like for a bereaved family. It takes unnecessary stress off their plate and leaves them in a very good situation for decades.

On behalf of my family and our amazing team at Downing & Co, I look forward to working with you so you can save in taxes today and ensure your legacy for the future.

Tim Downing, CPA, Oregon | Downing & Co. Managing Principal

We’re Not Your Average Spokane Wealth Management Firm. Here’s What You’ll Get When You Hire Us…

Close to 0% Tax Liability

Our family office wealth management services will ensure your tax payments are as close to $0 as possible, so you can keep more of what you worked so hard for.

Up to 10x ROI

Your results are our success, so we design our wealth management solutions to generate at least a 3x return on investment, and in most cases, we hit a 10x ROI.

Streamlined & Convenient

Our comprehensive team of 70+ experts provide a holistic strategy that includes: legal services, wealth management, tax planning, risk mitigation, and business advisory.

Our 5 Phases of
Proactive Planning

Proprietary Client Interview

Customized Proactive Action Plan

Wide Access to Experts

Implementation

Regular
Check Ins

Meet Your Spokane CPA Team

Tim Downing, CPA, Oregon

Managing Principal

Jeannie Ryall, EA

Tax Manager

Dachelle Hattan

Tax Accountant

Lee Schwartz

Advanced Planning Team Lead

Shirley McArthur

Office Manager

Your Comprehensive Family Office
Wealth Management Services

Personal Planning Focus

Financial Planning

✓ Investments
✓ Retirement
✓ Social Security
✓ College Expenses
✓ Safe Money Options

Advanced Planning

✓ Personal Tax Reduction
✓ Asset Protection Planning
✓ Wealth Transfer Advisory
✓ Tax Advantaged Wealth

Legacy Planning

✓ Trust Planning
✓ Estate Planning
✓ Charitable Planning

Insurance/Risk Management

✓ Risk Management
✓ Life Insurance
✓ Personal Health Insurance
✓ Long Term Care
✓ Disability Insurance

Business Planning Focus

Business Strategy

✓ Business Direction/Vision
✓ Business Growth
✓ Leadership Skills
✓ Culture & Accountability
✓ Succession Planning

Business Finance/Costs

✓ Financing Options
✓ Reducing Operational Costs
✓ Business Tax Strategies

Business Protection/Risk Management

✓ Buy-Sell Agreements
✓ Key Man Coverage
✓ Property & Casualty Insurance

Employee Benefits

✓ Reducing Health Costs
✓ Employee Retention
✓ Employee Retirement Plans

Book a Free
Consultation

We’ll start your journey through our proprietary client interview process to review your unique situation and develop actionable recommendations that meet or exceed your tax, bookkeeping, estate, or wealth planning needs quickly and conveniently.

Fixed Fee

No Surprises
Guarantee

We believe in full transparency and respect, which is why we offer a fixed fee for our family office and wealth management services. That way, there are never any surprises!

Yes, We Offer Small Business Accounting in Spokane, Washington

Spokane Valley, WA
Post Falls, ID
Coeur d’Alene, ID Pullman, WA
Moscow, ID
Lewiston, ID
Cheney, WA
Hayden, ID
Rathdrum, ID
Sandpoint, ID
Walla Walla, WA
Moses Lake, WA
Liberty Lake, WA
Airway Heights, WA
West Richland, WA
Richland, WA
Pasco, WA
Kennewick, WA
Yakima, WA
Ellensburg, WA
Wenatchee, WA
Missoula, MT
Kalispell, MT
East Wenatchee, WA
Veradale, WA
Medical Lake, WA
Colville, WA
Deer Park, WA
Davenport, WA
Newport, WA

Adams Asotin Benton Chelan Clallam Clark Columbia Cowlitz Douglas Ferry Franklin Garfield Grant Grays Harbor Island Jefferson King Kitsap Kittitas Klickitat Lewis Lincoln Mason Okanogan Pacific Pend Oreille Pierce San Juan Skagit Skamania

Spokane Small Business Accountants is near Riverfront Park which is close to Mead, Liberty Lakes, and Greenacres. Manito Park, Spokane Arena, and Avista Stadium are also nearby.

FAQs

What services do wealth management offer in Spokane?

Wealth management services include investment management, financial planning, tax optimization, estate planning, retirement planning, and risk management. They provide personalized strategies to grow, protect, and transfer wealth, ensuring clients achieve financial goals while minimizing risks and maximizing returns through expert advice and tailored financial solutions.

What is wealth management?

Wealth management is a comprehensive financial service that combines investment management, financial planning, tax strategies, estate planning, and risk management to help individuals grow and protect their wealth. It provides personalized solutions tailored to clients’ financial goals, ensuring long-term financial security and efficient wealth transfer.

What Areas Does Wealth Management Address?

Wealth management addresses investment management, financial planning, tax optimization, estate planning, retirement planning, risk management, and philanthropy. It provides tailored strategies to grow, protect, and transfer wealth, ensuring financial security and long-term success based on individual goals, market conditions, and legal considerations.

What makes wealth management unique?

Wealth management is unique because it offers a holistic, personalized approach to financial planning. It integrates investment management, tax strategies, estate planning, and risk management into a single, customized strategy. This comprehensive service helps individuals grow, protect, and transfer wealth efficiently while aligning with their long-term financial goals.

1 Fun And 1 Interesting Fact About Spokane!

Spokane is notable for being the birthplace of Father’s Day, celebrated since 1910 after local Sonora Smart Dodd advocated for a day to honor fathers like her own, who raised six children as a single parent. The city is also renowned for its beautiful Spokane Falls, a scenic waterfall located in the heart of downtown Spokane, which plays a central role in the city’s identity and is a highlight of the area’s extensive outdoor activities.

Spokane Small Business Accounting Resources

Washington Association of Accounting & Tax Professionals

PO Box 13579
Spokane Valley, WA 99213

(509) 993-2307

Spokane County Auditor’s Office

1116 W Broadway Ave
Spokane, WA 99260

(509) 477-2270

Washington Society of Certified Public Accountants

170 120th Ave
NE Ste E101
Bellevue, WA 98005 97204

(425) 644-4800

What is the Washington Association of Accounting and Tax Professionals?

The Washington Association of Accounting and Tax Professionals (WAATP) is a professional organization dedicated to supporting accountants and tax professionals in Washington state. WAATP offers its members educational resources, networking opportunities, and professional development workshops to enhance their skills and knowledge in the field of accounting and taxation. The association also provides legislative advocacy and updates on regulatory changes affecting the accounting profession. By fostering a community of knowledgeable and ethical professionals, WAATP aims to improve the quality of accounting and tax services in Washington.

What is the Washington Board of Accountancy?

The Washington State Board of Accountancy is a regulatory body that governs the accounting profession in Washington State. It is responsible for licensing and regulating Certified Public Accountants (CPAs) and CPA firms to ensure compliance with state laws and professional standards. The Board oversees the examination process for CPA candidates, maintains standards for continuing professional education, and enforces ethical practices among its licensees. By doing so, it protects the public by ensuring that accounting services are provided by qualified and ethical professionals. The Board also handles complaints and disciplinary actions to uphold the integrity of the accounting profession.

Spokane, Washington Local Resources

Small Business Accountant
Spokane

367 E 9th Ave
Spokane, WA 99202

(509) 255-7466

Spokane Valley Chamber of Commerce

10808 E Sprague Ave
Spokane Valley, WA 99206

(509) 924-4994

Spokane Office of Finance

808 W. Spokane Falls Blvd.
Spokane, WA 99201

(509) 625-6820

Spokane IRS Taxpayer Assistance Center

920 W Riverside Ave
Spokane, WA 99201

(844) 545-5640

Spokane Police Department

1100 W Mallon Ave
Spokane, WA 99260

(509) 625-4100

City of Spokane

808 W Spokane Falls Blvd
Spokane, WA 99201

(509) 755-2489

Top Companies in Spokane, Washington

Avista Corporation

1411 E Mission Ave
Spokane, WA 99202

(800) 227-9187

PotlatchDeltic Corporation

601 W Riverside Ave #1100
Spokane, WA 99201

(509) 835-1500

Rosauers Supermarkets

1815 W Garland Ave
Spokane, WA 99205

(509) 326-8900

Red Lion Hotels Corporation

201 W North River Dr #100
Spokane, WA 99201

(509) 459-6100

Cowles Company

999 W Riverside Ave
Spokane, WA 99201

(509) 459-5220

Washington Trust Bank

717 W Sprague Ave
Spokane, WA 99201

(509) 353-3865

More About Small Business Accounting in Spokane, Washington

Spokane, nestled in the scenic Inland Northwest, stands as Washington State’s second-largest city, boasting a population of approximately 220,000 residents. This diverse community reflects a rich tapestry of demographics, encompassing a blend of young professionals, families, and retirees. With a median age of around 35 years old, Spokane’s population enjoys a balance of urban amenities and natural beauty, drawing people from various cultural backgrounds to call it home. The city’s demographics showcase a mix of Caucasian, Hispanic, Native American, and other ethnic groups, contributing to its vibrant and inclusive atmosphere.

Residents of Spokane revel in its abundance of outdoor recreation opportunities, cultural events, and thriving local businesses. From hiking in Riverside State Park to exploring the vibrant downtown arts scene, there’s something for everyone in this bustling city. With a strong sense of community and a dedication to progress, Spokane continues to evolve while maintaining its small-town charm, making it a beloved destination for both residents and visitors alike.

Small business accounting in Spokane thrives within a supportive ecosystem, where local entrepreneurs can access a range of accounting services tailored to their needs. With a bustling entrepreneurial spirit, Spokane offers numerous accounting firms and professionals equipped to navigate the intricacies of financial management. From bookkeeping and payroll processing to tax planning and financial analysis, these services empower small business owners to focus on their core operations while ensuring compliance and financial health.

Organizations such as the Spokane Small Business Development Center play a pivotal role in supporting the city’s small business community by providing resources and guidance on accounting best practices. Through workshops, counseling sessions, and educational programs, entrepreneurs gain invaluable insights into managing their finances effectively and maximizing profitability. As Spokane continues to foster an environment conducive to business growth and innovation, small business accounting remains a cornerstone of success for the city’s vibrant economic landscape.

Downing & Co works with businesses and high-networth individuals to minimize their taxes and grow their bottom line, while building and preserving their legacy. Offering tax planning, accounting services, estate planning, and wealth management services in the greater Spokane area, we work holistically and proactively for you. Our clients love our quick response time, fixed fees, friendly advisors, and our creative, results-focused approach.