Silver Oak Securities, Inc., a leading independent broker-dealer and SEC-registered investment advisor, has announced a transformative partnership with TaxStatus that’s set to change how financial advisors access and manage client information. This collaboration gives Silver Oak’s advisors direct access to IRS-verified financial data, eliminating the tedious process of collecting tax returns and financial documents. With a simple 60-second e-signature, advisors can now view up to ten years of verified financial history, empowering them to deliver faster, more accurate, and data-driven financial recommendations.
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The integration between Silver Oak and TaxStatus brings a new level of efficiency and transparency to financial planning. By connecting directly to the IRS, the TaxStatus platform analyzes over 3,000 data points per taxpayer, revealing held-away assets, business interests, real estate holdings, and retirement accounts — key details that advisors typically spend hours trying to gather. Beyond initial access, the platform continuously monitors clients’ IRS accounts for up to three years, proactively alerting advisors about potential tax liabilities, refunds, or audits even before official notices are sent out.
Billy Hopkins, CEO of Silver Oak Securities, expressed his enthusiasm about the collaboration, noting that this partnership represents a meaningful leap forward in advisor technology. He emphasized that Silver Oak is always focused on adopting tools that help advisors grow their businesses and serve clients with precision and care. “TaxStatus solves one of the most time-consuming challenges advisors face — getting complete, accurate financial data. This partnership gives our advisors a real competitive advantage, both in prospecting and ongoing client service,” said Hopkins.
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For advisors, having a complete financial picture of their clients has long been a challenge, especially when assets are spread across multiple institutions or structured through trusts and partnerships. TaxStatus bridges this gap by offering a consolidated, verified, and transparent view of a client’s full financial landscape. This deeper insight allows advisors to provide more personalized and holistic financial guidance, ensuring that every recommendation is grounded in real-time, reliable information.
Kevin Knull, CEO of TaxStatus, highlighted how critical accurate data is for building meaningful financial plans. “Financial plans are only as strong as the data they’re built on. With TaxStatus, advisors gain access to verified, up-to-date financial information instead of relying on assumptions. That means better insights, better decisions, and ultimately, better outcomes for clients,” Knull said. He also noted that the partnership aligns perfectly with TaxStatus’s mission to empower advisors with technology that enhances both efficiency and trust.
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Security and compliance are central to the platform’s design. The TaxStatus system is built with enterprise-grade protection, featuring SOC 2 Type II compliance, AES-256 encryption, and FINRA-compliant KYC verification. Advisors also have the flexibility to brand client consent forms and insight reports with their own logos and messaging, maintaining a seamless and professional client experience while reinforcing their firm’s identity.
Through this integration, Silver Oak Securities strengthens its position as a technology-forward firm that prioritizes advisor success and client satisfaction. The partnership with TaxStatus offers advisors an innovative and secure way to manage client data, improving both the speed and accuracy of financial planning. With real-time insights and simplified access to comprehensive financial information, Silver Oak is giving its advisors the tools they need to deepen client relationships, grow their practices, and deliver exceptional value in an increasingly data-driven world.
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Source : businesswire