Thomas Longo
CPA | Financial Advisor
Thomas Longo
MY WHY
Why I Became a Financial Advisor
Every year around tax time, I was befuddled by poor decisions made by outside advisors who were not properly planning and, oftentimes, cost their clients much more tax than necessary. It was unfortunate that it was usually too late to correct these missteps and misjudgments after the fact. I became a financial advisor as a way to better serve clients because I truly enjoy helping people plan for the tax effect of financial decisions, both large and small.
MORE ABOUT THOMAS
Thomas Longo joined Forum Financial Management in 2013. He works alongside Marcus Heinrich and Karma Forrestal as part of a team.
Tom is an experienced CPA of 30 years and maintains his tax and accounting practice in La Grange, Illinois. His practice consists mainly of 1040 tax clients along with work on 1041 (Fiduciary) tax returns, which involve the unique and sometimes complex tax returns for estate and trusts.
Tom lives in Brookfield, Illinois with his wife and their two children. Their son recently graduated college from Western Michigan University with studies in music and theatre, he also loves the great outdoors and is proud to be an Eagle Scout. Their daughter, who also has a strong background in the arts involving chorus and theatre, is currently enrolled in college on the East Coast and is perusing an advanced nursing degree. For recreation, they enjoy biking, swimming, kayaking, skiing and reading.
FORUM ARTICLES & INSIGHTS
A PERSONAL APPROACH
Tell Us About Your Financial Life and Aspirations
Your experience begins with an initial meeting to identify your financial vision for the future and risk tolerance levels. We review our investment philosophy and approach with you so that you fully understand each milestone of our process and how our relationship will evolve over time.
PREVIOUS 
Discuss Topics Crucial to Your Financial Success
Over the course of the next few meetings, the content and breadth of each meeting is defined by your personal needs. We can review your estate planning and risk management needs, discuss retirement accumulation or distribution planning, evaluate educational funding needs, review your tax situation, and go over any other items crucial to your financial success.
PREVIOUS Develop a Strategic Plan Unique to You
Once you select an allocation, we put together a strategic implementation plan that will coordinate investment of your portfolio between qualified (tax-advantaged) assets and non-qualified assets in order to maximize tax efficiency. The topics we address during our time with you vary depending on your unique needs and situation.
Putting Your Plan Into Action
We establish your Forum account based on the portfolio allocation we discussed and what we learned about your risk tolerance and financial goals. With your new Forum account now in place, you will have the opportunity to access your Forum Client Portal for the first time and connect with members of the Forum Client Service team.
Review Goals and Plans When Your Life Changes
You will receive reporting that will clearly show your performance net of all fees and compared to applicable market indexes. Additionally your assets are held at a reputable third-party custodian that furnishes independent monthly reports so you can feel confident about the safe handling of your money.
