Man-Hyung is the Director of Tax Planning and a Financial Planner with RTD Financial. Prior to joining RTD in 2013, Man-Hyung spent several years in both public accounting as an auditor with Grant Thornton and also gained industry experience as a senior accountant with Citco Fund Services. His ultimate desire to help everyday individuals and families on Main Street, and not Wall Street, is what motivated him to embark on a career in financial planning. He is passionate about listening to clients and providing comprehensive advice that are aligned with their specific values and life goals with taxes in mind.
Man-Hyung is a licensed Certified Public Accountant in the State of Pennsylvania and is also a CERTIFIED FINANCIAL PLANNER™ professional. He is also an Enrolled Agent (EA), authorized to represent taxpayers and practice before the IRS. Man-Hyung spent the 2018 tax season with TurboTax to educate taxpayers on the new tax law changes from the 2018 Tax Reform and to provide tax advice and guidance to taxpayers. He is focused on keeping his pulse on the ever-changing tax landscape, providing the necessary tools and training for the firm’s advisors to identify and implement proactive tax planning opportunities for clients and helping clients plan ahead with tax planning considerations in mind.
A member of the National Association of Personal Financial Advisors (NAPFA), Financial Planning Association (FPA) and the American Institute of Certified Public Accountants (AICPA), Man-Hyung leads the firm’s Tax Planning Department and serves on the firm’s Personal Wealth Management Committee. Man-Hyung graduated from Temple University, summa cum laude, where he earned his Bachelors of Business Administration in Accounting and also earned his MBA with a concentration in Finance from Drexel University.
Man-Hyung lives in Marlton, NJ with his wife, Jihyun and sons, Mason and Jackson. He enjoys spending quality time with his family and friends. He is particularly passionate about personal finance, taxes, traveling, and rooting for (and critiquing) the Philadelphia Eagles.
Getting to know Man-Hyung
What do you enjoy most about working at RTD?
Our clients and my colleagues. I love and feel empowered by the fact that I can make a direct and tangible impact on the lives of our clients. As a steward of our clients, it is a responsibility and duty that I do not take lightly. The work that we do for clients is really rewarding and it helps all the more that our clients truly appreciate it. The people and culture at our firm are second to none. It is a very family-oriented culture where we are all rooting for each other’s success, and we are relentlessly focused on one mission: bettering the lives of our clients.
What makes you good at what you do?
I am a good listener with great attention to detail and a tireless work ethic. I can pick up on things that most people may overlook or dismiss as immaterial, but I have the ability to also understand the big picture. I am also a life-long learner and am constantly trying to find ways to grow, develop skills and knowledge and become the best version of myself.
What’s the best piece of advice you’ve received?
The one that resonates most with me is from Philly’s own, the Great Rocky Balboa. He once said, “It ain’t about how hard you hit. It’s about how hard you can get hit and keep moving forward. How much you can take and keep moving forward. That’s how winning is done!”
What are your passions outside of work?
I enjoy reading up on and researching consumer electronics and technology that make your life easier (or more convenient). I am a pretty die-hard Eagles fan and have rooted for (and critiqued) them for most of my life.
Professional Designations & Memberships
Key Highlights of SECURE Act 2.0
As you may know, the Setting Every Community Up for Retirement Enhancement Act 2.0 or “SECURE Act 2.0” was passed by Congress and signed into law by President Biden on December 29, 2022. This law builds on the original SECURE Act that was passed and signed into law back on December 20, 2019. The legislation […]
Latest on Proposed Tax Changes
As you may know, the Biden administration released the latest proposal of major tax legislation on October 28th as the Build Back Better Act. Many of the changes we saw in the September 13th tax proposal are gone such as the updated marginal tax rates, the maximum capital gains rate of 25%, and changes to […]
Proposed Tax Changes
As you may know, the House Ways and Means Committee released a draft of major tax legislation on September 13th. While it significantly scales back increases in previous proposals, it does add new ones. The provisions will most likely change before the final bill passes, however we are providing a quick summary of key points […]
Asset Location: Maximizing Growth While Minimizing Taxes
When building an investment portfolio, we often spend a lot of time on what specific asset classes will make up the “investment pie.” Determining the right mix of asset types, namely stocks and bonds, to help maximize profits while minimizing risk is what we refer to as Asset Allocation. The idea is to strike the […]