Ronald M. Oddo CHBC, CFP, AAMS, CDFA, EA, CAS, CTRS, CTC. Curriculum Vitae. Self Employment History. Background and Areas of Specialty

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1 Ronald M. Oddo CHBC, CFP, AAMS, CDFA, EA, CAS, CTRS, CTC Curriculum Vitae The PM Group-Arizona, Ltd East Raintree Drive #170 Scottsdale, AZ Phone: (480) Fax: (480) Cell: (602) Self Employment History May 1, 1982 to present - The PM Group-Arizona, Ltd. I am the founder and President of The PM Group-Arizona, Ltd. My goal is to assist clients in every aspect of their financial lives that helps in achieving their financial goals. I strive to assist each client in attaining financial stability as a building block for achieving financial independence. In the beginning of my career I provided tax and accounting services for individuals, business owners and professionals. Over the past three decades I have responded to the needs of my clients by developing an integrated financial management system that includes expertise in the following areas: The firm services include: Business formation and advisory services Practice management services General ledger accounting and financial reporting Tax planning and preparation Tax problem resolution and representation September 18, 2008 to present - PM Group Financial Services, PLLC I am the founder and Operating Manager of PM Group Financial Services, PLLC which is a full service financial planning firm that offers the following services: Comprehensive financial planning Investment advisory services Life Insurance products Disability insurance products October 20, 2008 to present - Registered Principal of LPL Financial Background and Areas of Specialty I have acquired the prerequisite education, training, skills, and experience to provide clients with guidance in the areas of personal financial management, taxation, investment advice and products, retirement planning, risk management and estate planning. The disciplines I am qualified to practice in include: Business Advisory Services Taxation Financial Planning Investment Advisory Services and Products I specialize in helping individuals and business owners develop a comprehensive, cohesive financial strategy that fits their unique needs and resources. I work one-on-one with clients to help them achieve their short and long-term goals. My work experience includes the following specialties: Pediatrics Neonatology Family Practice General Surgery Emergency Medicine Obstetrics Gynecology Cardiology Dermatology Infectious Disease Internal Medicine Hospitalists and Orthopedics. I have work experience with small business owners in the: construction industry real estate professionals, and legal profession.

2 I have served as an expert witness in two marital dissolution cases, and as an expert witness in a FINRA arbitration case. Experience as an Accountant and Tax Professional I have over three decades of experience as an accountant and tax professional. Like the clients I serve, I have experience as a business owner and operator of two companies; The PM Group- Arizona, Ltd. and PM Group Financial Services, PLLC. I have the education, training, skills and meet the continuing education requirements to advise clients in business management, accounting and taxation. The combined resources of our two firms continue to focus on services that meet the needs of healthcare providers and small business owners. My experience as an accountant and tax professional include, but are not limited to the following: General ledger accounting and financial reporting. Tax planning and preparation of IRS forms 1120/1120S/1065/1040/1041 and related State income tax returns. Representation of taxpayers before the IRS on matters related to negotiation of installment agreements, offer in compromise, field and office audits. Relationships with local banks and experience in presenting required documentation to facilitate funding for personal or business financing. Budget management, cost benefit analysis, forecasting needs and the securing of capital from financial institutions. Developing and maintaining systems of internal controls to safeguard financial assets of the business (QuickBooks, etc). Analysis of cost-effective benefit plans and other fringe benefits which the business may offer owners, employees and potential employees with the goal of attracting and retaining qualified individuals. Analysis of the tax and employee benefit plans of a "C" corporation, "S" corporation and partnership. Valuation studies for buy-in and buy-out of business ownership interests. Analyze income tax implications of real property short sale or foreclosure transactions. Net Disposable Income (NDI) calculation for evaluation of bankruptcy, insolvency and currently not collectible status. Forensic accounting. Reported to the Developer as the accountant and project team manager for a 320 acre residential development. In addition to my duties as the accountant, I was responsible to the Owner for participating in the day-to-day management activities for planning, implementing and controlling all financial-related activities of the company. I was directly responsible for budgeting, general ledger accounting and financial reporting, income tax preparation, banking relations, profitability analysis, forecasting, project costing, cash management, risk management, and legal matters oversight. Provided timely and accurate analysis of budgets, financial trends, and forecasts. Prepared the business plan document, and participated in all aspects of the finance and accounting functions of the three separate entities within the development business structure. Managed relationships with two legal firms, architects, planning engineers, and lending resources. Worked with the legal team in developing a Private Offer Memorandum. Curriculum vitae Ronald M. Oddo Last Review 8/5/2013 8:10:57 PM Page 2 of 8

3 Experience as a Certified Financial Planner I am currently engaged by PM Group Financial Services, PLLC as a Certified Financial Planner. My education, training, skills and experience are applied to assisting clients define, achieve and maintain financial independence. I begin a financial planning relationship with a client by identifying our respective roles. In this step I am focused on the collection of personal and business financial data to establish the client s goal(s) and to identify current and future financial resources. I work one-on-one with the client in gathering data for the study. The client is required to complete questionnaires that identify their short and long-term goal(s) and objectives. Several other questionnaires are used to collect financial data for the preparation of a net worth statement, investment analysis, and risk management analysis. During this process the client and I will learn everything about their personal and financial current and future resources. In the report preparation step I will analyze the personal and financial data within sophisticated software from Morningstar, Ultra Tax, emoney, IRSLogic, and multiple customized Excel worksheets. The study will determine if the client has the resources to achieve their goal of financial independence, and if so, what strategies will apply. The financial output is matched with strategies and a report is prepared as a guide in the implementation of my recommendations. To implement my recommended strategies it is not necessary for a client to engage multiply professionals outside of our two companies. In addition to my qualifications as a CFP and federally licensed tax practitioner (EA), we have developed in our Scottsdale office the personnel, software, and research capabilities to implement the entire Plan. With the implementation of strategies that require technical or legal services, we have long-term strategic partnerships with a pension plan administrative firm, and three law firms that specialize in business and estate planning, litigation, and real estate. With the approval of both parties, we can participate as a facilitator in implementation of the services. I have prepared comprehensive financial plans for more than 78 clients since Military Service United States Marine 9/26/1958 7/27/1962 Education - College Cuyahoga Community College Degree program Associate of Applied Business Degree. Incomplete due to personal obligations - completed 67 semester credit hours. Education Professional My continuing education has focused on subject matter that relate specifically to the professional needs of the business community I serve. My education, training, skills, and continuing educational requirements qualify me to give advice, provide services, and qualify as an expert witness in matters related to taxation, investments, and forensic accounting. Professional Certifications Mark Certification Name Date Acquired CHBC Certified Healthcare Business Consultant 10/1/1992 CFP Certified Financial Planner - License # /21/1999 AAMS Accredited Asset Management Specialist SM 1/4/2001 CDFA Certified Divorce Financial Analyst 5/22/2001 CDFP Certified Divorce Financial Planner (Dissolved) 1/3/2003 CAS Certified Annuity Specialist 6/15/2009 CTRS Certified Tax Resolution Specialist 5/10/2010 CTC Certified Tax Coach 5/15/2013 Curriculum vitae Ronald M. Oddo Last Review 8/5/2013 8:10:57 PM Page 3 of 8

4 Securities and Taxation Licenses Licensing Agency Type of License Issued FINRA Security License Series #6 - Investment Company Variable Contract Products. 5/13/1994 FINRA Security License Series #63 - Uniform Securities Agent State Law 5/13/1994 ARIZONA Life Insurance License # State of Arizona 12/31/1997 FINRA Security License Series #65 - Registered Investment Advisor 3/20/1998 FINRA Securities License Series #7 - General Securities Registered Representative. 10/1/1999 FINRA Securities License Series #24 - General Securities Principal 9/9/2002 U.S. TREASURY IRS Enrolled Agent (Federally Licensed Tax Practitioner) # /1/2004 Association Memberships Financial Planning Association - National National Association of Tax Professionals The Financial Planning Association - Greater Phoenix Chapter Medical Group Management Association National Society of Certified Healthcare Business Consultants American Society of Tax Problem Solvers Institute of Business & Finance National Association of Registered Tax Return Preparers Arizona Society of Certified Public Accountants Affiliated (Non-CPA) National Association of Enrolled Agents National Society of Tax Professionals Institute for Divorce Financial Analysts National Society of Accountants The Tax Foundation Central Arizona Chapter of Enrolled Agents Insured Retirement Institute Professional Organization Activities International Association of Financial Planning & Financial Planning Association-Greater Phoenix Chapter From July 1996 through December 2001, I served on the board of directors of the International Association of Financial Planning and Financial Planning Association - Greater Phoenix Chapter. From July 1996 to July 1997 as Director at Large, from July 1997 to October 1997 as the Director of Member Development, from November 1997 to July 1998 as the Vice President / President Elect and Director of Member Development, from July 1998 to February 2000 as President and from February 2000 to December 2001 as Chairman / Past President. Institute of Certified Healthcare Business Consultants I served as a Trustee from June 1997 to June In addition, I was President from June 2001 to June 2003 and Past President from July 2003 to June Volunteer Service I served as a volunteer and provided business advice to local non-profit organizations under the auspices of the Business Volunteers for the Arts (BVA) program. I assisted local non-profit organizations with advice on development and management issues, fund raising, operational techniques and marketing strategies. Nominated as BVA volunteer of the year for I served as an advisor to the Phoenix Symphony and The Valley Youth Theatre. Past President of the Board of Directors of the Christmas House Foundation, a non-profit providing financially deprived children musical instruments and classical music training. Responded to a request from KPHO, Channel 5 News, to provide consumer service material for their story on Term Life Insurance. Interviewed by reporter in client setting, which aired on Monday, September 13, Presentation on How to Select a Financial Planner to Arizona State University Career Women organization on April 8, Curriculum vitae Ronald M. Oddo Last Review 8/5/2013 8:10:57 PM Page 4 of 8

5 SUMMARY DESCRIPTION OF PROFESSIONAL CERTIFICATIONS Certified Healthcare Business Consultant A certification designation demonstrates my qualifications based on the knowledge, techniques and skills acquired as part of the certification process. My on-going experience of working with Physicians for over 30 years includes projects such as operational efficiency, office flow analysis, strategic planning and physician compensation plan development. Areas of expertise include: Staffing patterns, support and expertise Facilities, supplies and resource optimization Business operations and planning Physician, non-physician provider and staff productivity Financial management Scheduling and patient flow Benchmarking financial and practice productivity Information technology Buy-in and buy-out transactions Certified Financial Planner I have earned the right to use the CFP mark which qualifies me to advise clients on methods for achieving their financial goals. The CFP mark means that I have the education, skills and training to help clients define their goals and objectives, and to recommend strategies that meet the objective of each goal. In a typical client engagement I will analyze cash flows, insurance needs, income tax obligations, retirement goals, estate planning issues, and investments. I work with individuals and small business owners. I have additional qualifications that contribute to my work as a CFP which includes credentials in taxation, investment analysis, financial issues related to marital dissolution, annuity specialist, and representation of taxpayers before the IRS. My methodology follows the steps outlined in the Financial Planning Process. The financial planning process is a logical, six-step procedure: The process includes the following six steps: 1. Define the client s goals and objectives. My approach is to assist the client with defining their goal(s) and objectives. The definition of a goal is limited to a broad general statement, such as I want to retire comfortably. The criteria for accomplishing the specific goal may have several objectives (criteria). For example, I want to retire comfortably at age 59 and have sufficient funds to meet my lifestyle needs. Over the years that I have been working with financial planning clients I have developed several questionnaires that identify the clients goals(s) and objectives. The questionnaires are graded by a unique point system that scores the goals and objectives in order of importance. Planning categories include; cash management, risk management, tax planning, retirement planning, investments, and estate planning. The questionnaires are also used to collect financial data that will be used to calculate the personal balance sheet and cash inflows and outflows. 2. Gather data. With the data from the questionnaires, I prepare an analysis of the projected cost of each goal and compare the financial outcome with the current and projected resources. In some cases it is necessary to recommend adjustments to financial goals due to inadequate projected resources. 3. Analysis and Recommendations. The analysis is memorialized in a written report which includes my observations and strategic recommendations. The outcome of this phase is to develop strategies that will accomplish the Curriculum vitae Ronald M. Oddo Last Review 8/5/2013 8:10:57 PM Page 5 of 8

6 objectives of each goal. For example, a strategy that would reduce federal and state income taxes and payroll taxes most likely would be the installation of a qualified pension plan in a client s business. To implement this strategy could require electing a new business entity type, engaging a pension plan administrator to setup the plan documents, and a review of the current year s tax obligations. 4. Written Report. My written report is discussed with the client and a plan for implementation is agreed upon. The desired results of the meeting are to obtain the client s endorsement of the recommended strategies and to transfer ownership of the financial plan to the client. 5. Implementation. The client chooses what strategies they wish to implement from the list of recommended strategies in the final plan. Together we prepare a plan implementation schedule. 6. Monitor and Amend the Plan On a periodic schedule, I will review the plan and make the necessary adjustments. Certified Divorce Financial Analyst With the education, training and skills I acquired in obtaining the CDFA credential I am qualified to analyze complex marital financial transactions that affect an equitable divorce settlement. My expertise includes the long-term effects of the financial settlement on both partners so that they have a clear view of their financial future. I have experience as an Expert Witness in two cases that took place over six year ago. Each of the cases in which I was an expert witness included a deposition and trail appearance. Accredited Asset Management Specialist SM This program provided academic knowledge and client interaction skills that provide me with strategic direction over a broad base of issues that address portfolio design relative to the client s risk tolerance. I have experience in advising clients on how they can structure their portfolios based on their retirement goals and objectives. With all the complex investment information available today, I have the education and skills to give clients knowledgeable advice on managing their assets with a comprehensive financial plan. My training has prepared me to assess a financial situation and determine the client s goals and objectives - and then make appropriate recommendations. IRS Enrolled Agent (Federally Licensed Tax Practitioner) Having passed a comprehensive examination I have earned the privilege of representing taxpayers before the Internal Revenue Service. I have unlimited practice rights which permit and I am unrestricted as to which taxpayer I can represent, the types of tax matters I can handle, and which IRS offices I can represent clients before. I have experience in representing taxpayers in problem resolution matters related to installment agreements, offer in compromise negotiations, working with the IRS Revenue Officer on collection of taxes and IRS Revenue Agents engaged in a exams involving individuals and their business activities. Certified Annuity Specialist (CAS ) I have received education, training and skills as a Certified Annuity Specialist from a program offered by the Institute of Business & Finance (IBF). To become a Certified Annuity Specialist, candidates must pass three comprehensive final exams administered by FINRA. In addition, candidates must submit a written case study. Once certified, the CSA designee must adhere to a professional code of ethics and the annual continuing education requirements to maintain their expertise and certification. I am qualified as a specialist to advise clients on traditional fixed-rate, equity-indexed and variable products. Annuities are considered as a strategy within the design of a comprehensive financial plan. Curriculum vitae Ronald M. Oddo Last Review 8/5/2013 8:10:57 PM Page 6 of 8

7 Certified Tax Resolution Specialist (CTRS) The Certified Tax Resolution Specialist (CTRS) is a designation awarded by the American Society of Tax Problem Solvers (ASTPS) to individuals who have met the educational, experience, and examination requirements prescribed by ASTPS. The CTRS designation is restricted to the Enrolled Agent, CPA, or Attorney and ASTPS Members that are in good standing. My abilities include the application of proven expertise to resolve a wide range of tax problems. My expertise and training provides individuals and businesses with services that can secure Offers in Compromise, Installment Agreements, Penalty Abatement, Innocent Spouse Relief, Release of Liens or Levies, Non-Filer issues and many others. I work with taxpayers to develop solutions to their tax problems and follow a methodology that includes tax problem analysis, recommendation of alternative solutions, and implementation including preparation of pertinent forms, correspondence, and report assembly of supporting documents. I am in direct contact with IRS personnel as a representative of the taxpayer. I have over 30 years of professional experience in assisting taxpayers in resolving their tax problems. Certified Tax Coach (CTC) The American Institute of Certified Tax Coaches (AICTC) has provided me with the education, knowledge and tools to engage in proactive tax planning for business owners and individual taxpayers. The specialized training and continuing educational programs has prepared me to find tax strategies that will legally reduce my Clients tax obligations. I engage the Client in the tax process with discussions in year-round strategic planning sessions that focus on the importance of tax compliance and on relative tax strategies that will reduce their tax liability. The U.S. tax code contains thousands of pages and changes occur frequently. My membership in the AICTC provides me with knowledge in high-impact tax planning strategies, continuing education seminars and webinars, and materials to qualify me as a tax specialist. SUMMARY DESCRIPTION OF SECURITY LICENSES Securities and Life and Disability Licenses I am accredited with all of the following FINRA Licenses: Series 6 Securities License, Investment Company/Variable Contracts Limited Representative entitles the representative to solicit and sell mutual funds, variable annuities and variable life insurance contracts. The Series 6 covers: Stocks, Debt Securities, Investment Banking, Securities Markets, Taxes, Mutual Funds, Self Regulatory Organizations (SRO s), Securities Analysis, Retirement Plans, Variable Annuities and Variable Life Insurance. Series 7 Securities License, General Securities Registered Representative, is the FINRA/NYSE exam required by most broker-dealers for their registered representatives. Covered areas include: Stocks, Debt Securities, Investment Banking, Securities Markets, Taxes, Securities Analysis, Self Regulatory Organizations (SRO s), Mutual Funds and Investment Companies, Annuities, Margin, Options, Money Market Instruments, Direct Participation Programs and Municipal Securities. Series 24, General Securities Principal, entitles the holder to supervise or manage other registered representatives or securities business within the members firm. This would entitle the holder to supervise trades involving corporate securities, direct participation programs (DPP s) and investment company / variable contracts. Curriculum vitae Ronald M. Oddo Last Review 8/5/2013 8:10:57 PM Page 7 of 8

8 I am accredited with the following State of Arizona licenses: Series 63, Uniform Securities Agent State Law, covers: Definition of Terms, Registration Requirements (broker-dealers, agents and investment advisors), regulation of securities, rule enforcement, fraudulent and prohibited practices. Series 65, Uniform Investment Advisor is required of individuals acting as or soliciting for the service of investment advisers. Insurance Licenses Life / Disability. END Curriculum vitae Ronald M. Oddo Last Review 8/5/2013 8:10:57 PM Page 8 of 8