Victor Carlström is a Swedish citizen who, from 2006-2015 was the hottest financial broker in the country. As a fund manager, he employed more than 200 people, managing more than 10,000 clients.
Advisors should encourage most of their clients that exceed the contribution income limits to open Roth IRAs through the backdoor process. The benefits of tax-free growth and withdrawals are exceedingly powerful, and the flexibility that comes with Roth IRAs opens multiple estate planning and retirement pathways.