Silver Oak Securities Welcomes B&B Tax and Financial Services, Expanding Michigan Presence

In May 1961, five days after Bay of Pigs and five weeks after the Soviets put Yuri Gagarin into orbit, President Kennedy stood before Congress and made a promise: America would land a man on the Moon before the decade was out. NASA was less than three years old. The technology necessary to reach the Moon didn’t even exist yet.

In his latest article, CEO and Founder Billy Hopkins draws a direct line from that speech to the decade now facing independent financial advisors.

Roughly 40% of advisors, many licensed in the 1990s like Billy himself, will retire in the years ahead. At the same time, trillions of dollars are about to change hands. Gen X stands to inherit $14 trillion. Millennials will inherit $8 trillion. By 2035, women will control more than 40% of US wealth, up from a third today.

Billy connects these numbers to a bigger shift already underway. Estate planning is turning into a conversation about life, not death. More than 63 million Americans now care for aging parents or adult children, and 16 million of them care for both at once. Clients want more than portfolio management. McKinsey found the share of investors seeking holistic advice grew from 29% in 2018 to 52% in 2023.

Advisors who set a bold, deadline-driven goal now, the way Kennedy did, will own the next decade. Clients expecting family-office-level support as the standard, not the exception, will leave behind the advisors who wait.

Read the full article for Billy’s take on what it takes to serve three generations of planning needs at once, and why an impossible goal might be exactly what this industry needs: www.linkedin.com/pulse/todays-clarion-call-independent-advisors-billy-hopkins-brk8c/

$125M AUM Tax-Focused Advisory Firm Strengthens Silver Oak’s Multi-Service Capabilities

Jackson, TN – February 25, 2025 Silver Oak Securities, recognized by Investment News as one of the fastest-growing independent broker-dealers in 2024, announced today that B&B Tax and Financial Services has joined its expanding network. Based in Ovid, Michigan, B&B manages $125 million in client assets for 1,200 investment clients while providing tax preparation services for over 7,000 clients nationwide.

“We are excited to welcome Dan Bukovcik and B&B Tax and Financial Services to Silver Oak,” said Billy Hopkins, Silver Oak’s CEO and President. “Their unique combination of tax expertise and investment management, along with their commitment to serving often-overlooked investors, perfectly aligns with our mission of supporting independent advisors who put clients first. Dan and his team have built an impressive practice by focusing on relationship-driven service, and we look forward to partnering with them.”

Founded in the late 1980s, B&B Tax and Financial Services has developed a strong reputation for serving clients across the wealth spectrum, from farmers planning generational transitions to executives managing retirement assets. The firm is known for its integrated approach to financial planning, combining tax expertise with investment management to provide comprehensive financial solutions.

“What sold us on coming to Silver Oak is the small-town kind of feel,” said Bukovcik. “If you have a question, you can call anyone, all the way up to Billy [Hopkins], and they’re always willing to help. That level of personal attention and support is exactly what we were looking for in a partner.”

The B&B team will continue to operate from their Ovid headquarters, serving clients across 12 states while leveraging Silver Oak’s enhanced platform and resources to support their continued growth.

If you’re interested in learning more about joining Silver Oak Securities, please visit https://joinsilveroaksecurities.com.

About B&B Tax and Financial Services

Founded in 1987 by Dan Bukovcik, B&B Tax and Financial Services manages $125 million in client assets for 1,200 investment clients and provides tax preparation services for over 7,000 clients nationwide. The firm is based in Ovid, Michigan.

About Silver Oak Securities, Inc.

Silver Oak Securities, Inc. is an independent, full-service Broker-Dealer and SEC Registered Investment Advisor focused on serving the needs of independent wealth advisors who foster strong, trusted relationships with their clients. The firm is a member of the Financial Industry Regulatory Authority and the Securities Investors Protection Corporation. Founded in 1999 by Principals with deep investment management and compliance experience spanning 40 years, Silver Oak is based in the heart of the southern U.S. Corporate headquarters are located in Jackson, TN, between Nashville and Memphis. Learn more at www.SilverOakSecurities.com and connect with us on LinkedIn.

Media Contact

Mark Forman
Intention.ly for Silver Oak Securities
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