Motif
/mōˈtēf/ (noun)
A short succession of notes producing a single impression; a brief melodic or rhythmic formula out of which longer passages are developed.
Our definition of a motif is the culmination of repeated sound financial decisions to achieve long term artistic freedom.
We help you build good money habits to reach your music and money goals. Then, we assist in putting your plan into action, so you can focus on sharing your art with the world.
View a sample financial plan.
Planning fees
| Upfront | Ongoing | |
| Couple | $3,250 | $542 per month |
| Individual | $2,500 | $417 per month |
Motifs we co-write with you:
Cash flow
Understand all sources of income that flow in and expenses that flow out. Establish a strategy to manage income uncertainty throughout the year. Develop a plan to pay off debts or liens that may hold you back.
Insurance
Ensure your emergency fund is finely tuned to address the challenges during your music career. Carefully look at your need for health, disability, life, long-term care, property, and liability insurance, and evaluate if appropriate coverage is in place.
(Self) employment benefits
Understand the benefits of 1099 self-employment and overcome the challenges. Develop a plan to save for artistic freedom with unique self-employment retirement accounts and tax strategies. Look at W2 benefits beyond compensation including a full review of your employee benefits package, qualified retirement plans, deferred compensation, and group insurance options.
Make your money work for you
Develop a sound investment strategy that aligns with your unique goals and risk tolerance. Discover the power of diversification. Empower yourself with the knowledge and tools to make informed investment decisions.
Artistic freedom
Work towards securing your future and achieving artistic freedom. Gain insights into various retirement options available to musicians and develop a strategy to ensure financial stability. Preserve your artistic freedom even after stepping away from the stage.
Taxes
Develop effective tax strategies that minimize your lifetime tax burden. Simplify the complexity of taxation and navigate the ever-changing tax landscape specific to your industry.
Major purchases
Buying a house? Starting a family? Landed a record deal? Make major lifestyle decisions and embrace significant milestones with financial clarity. Develop a strategic plan to align your artistic journey with important life events, considering the financial implications.
Artistic legacy planning
Safeguard your legacy and protect your artistic achievements through thoughtful estate planning. Develop a comprehensive estate plan that encompasses your intellectual property, music catalog, and other valuable assets. Consider establishing trusts, wills, and power of attorney documents to ensure your wishes are carried out, while minimizing potential tax implications and providing for your loved ones’ financial well-being.
Education
Secure your children’s educational future by saving for their education through accounts like a 529 plan. These plans offer tax advantages and growth potential, allowing you to build a substantial nest egg to support their academic pursuits.
How financial planning fits into your team
Motif Planning is a part of your professional team, working closely with business managers, entertainment and estate attorneys, accountants, insurance agents, and performing rights organizations.