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Nepsis® Strengthens Tax Division with Strategic Hires

Industry veterans will contribute to the growth of Nepsis® Tax Solutions and help the firm’s high-net-worth clients overcome complex tax challenges

MINNEAPOLIS, June 18, 2024--(BUSINESS WIRE)--Nepsis, Inc. ("Nepsis®"), a national financial advisor and investment management firm, today announces two key appointments to its tax division. Jack Cahill, JD, CPA, joins Nepsis® as senior vice president of tax and Chad Koebnick, CPA has been named vice president of specialized tax services. With a combined 65 years of industry experience, the two recruits will significantly bolster the firm's tax solutions team by enhancing its existing services and introducing new lines of specialized offerings.

Cahill is an industry veteran bringing more than a decade of experience at Big Four accounting firms with a background in managing functions for public and large private companies. Most recently, he was a partner at Newport LLC, a national advisory firm. As senior vice president of tax, he will work to elevate the tax division's operational efficiency, focusing on improving the delivery of advanced tax planning services for high-net-worth and ultra-high-net-worth clients. A qualified attorney, Cahill served as special counsel for Macaluso LLP for a number of years. As a J.D. and certified public accountant (CPA), he has the skill set to address issues not only related to tax and finance, but also with regard to legal and operational functions. Cahill earned his accounting degree from the University of South Dakota and obtained his law degree from the University of North Dakota.

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A former business solutions advisor at Finnegan Consulting, Koebnick previously served as a senior manager in international tax and business advisory at Eide Bailly LLP, and a manufacturing tax director at Wipfli LLP CPAs & Consultants. At Nepsis®, he will focus on expanding advanced tax planning and business advisory services to include international tax planning. Koebnick will also be tasked with the distribution of specialized tax credits to reduce the tax liability of Nepsis® clients who qualify for them. Through this program, certain Nepsis® clients will be able to significantly reduce their federal tax liability by purchasing credits at a discount.

"We are determined to take Nepsis® to the next level and are making sure we have the best available talent in house to help us do so," said Mark Pearson, founder and CEO of Nepsis®. "Jack and Chad will be instrumental for our development, improving the services we can provide to clients as we continue to scale. By sharing their vast experience and providing mentorship, they will play an important role in training our younger personnel and setting us up for continued success."

The two new hires will report to Bryan Eberle, president of Nepsis® Tax Solutions. Eberle was appointed to the role in January 2023, ahead of the firm’s acquisition of full-service tax, accounting and consulting firm Sevenich, Butler, Gerlach & Brazil, Ltd. ("SBGB"), and has since overseen the continued growth of the program. Since the acquisition, Nepsis® has been able to provide a more holistic and comprehensive view of clients' finances and address the complex tax situations of high-net-worth families and businesses.

"Jack and Chad are outstanding additions to our talented tax team," said Eberle. "Their deep knowledge and extensive backgrounds, particularly in advanced tax planning and business advisory services, will greatly benefit our high-net-worth clients with complex financial challenges. Welcoming professionals of their caliber underscores our commitment to providing comprehensive and customized tax solutions."

Parties interested in learning more about Nepsis® Tax Solutions should visit nepsisinc.com.

About Nepsis®

Nepsis, Inc., headquartered in Minneapolis, Minnesota, is an independent financial advisor and investment management firm founded by Mark Pearson. The team at Nepsis® is driven to provide the power of clarity™ to the individual investor so that they can accomplish their investment and planning goals. Mark Pearson, as the Founder and CEO, shares his experience through various channels, including co-hosting the "Invest with Clarity®" podcast, which challenges mainstream advice on money, investing, and the economy. Additionally, the firm conducts retirement planning lectures in Minneapolis and nationwide. Pearson has contributed his insights to national media outlets such as U.S. News and World Report, Wealth Management magazine and Entrepreneur.

Advisory Services offered through Nepsis, Inc.; an SEC Registered Investment Advisor. Learn more about Nepsis, Inc. and how to Invest with Clarity® at https://nepsisinc.com/

View source version on businesswire.com: https://www.businesswire.com/news/home/20240618812798/en/

Contacts

Media Contact
Nepsis@streetcredpr.com

Tom Warburton
347-400-3483
Tommy@streetcredpr.com

Lindsay McCoy
906-322-4982
Lindsay@streetcredpr.com