About Wellness Fi

WellnessFi provides bookkeeping, tax preparation, and financial advice for therapists, psychologists, and counselors in private practice. Mental health practices are the only businesses we work with. You get a dedicated team that knows your practice, so you can spend your energy on your clients instead of your books.

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About Wellness Fi

Who We are

We’re a team of bookkeepers, tax advisors, and a CPA who work only with mental health practices. Since 2019, we’ve worked with about 300 private practices across the U.S., from solo counselors in their first year to group practices with several clinicians.

Most accountants treat a therapy practice like any other small business. We don’t. We already know what an insurance deposit from your EHR looks like, how supervision fees and CEUs are handled, and when an S-corp starts to make sense for a clinician. You don’t have to explain your business to us before we can help.

We’re based in Austin, Texas, and work with practices in every state.

How we work with you

Your bookkeeper. Keeps your books current every month and sends you a clear report of what came in, what went out, and what to set aside for taxes.

Your tax advisor. Your main point of contact. Answers your tax questions, plans ahead with you, and prepares your returns if we file for you. Our advisors include a CPA and IRS Enrolled Agents.

The team behind them. Your advisor works with co-advisors and administrative specialists, so someone who can see your file is there when your advisor is away.

Want the details? See our services and pricing, or read about our bookkeeping and tax preparation and S-corp help for therapists.

Who we work with

We’re typically a good fit for:

Licensed therapists (mental, physical, speech, occupational, massage), counselors, psychologists, social workers, nutritionists and others in private practice
Solo practices that are ready to hand off the books
Group practices with associates, payroll, and more than one location
Practice owners thinking about an S-corp

We Might not be a good fit for:

Construction, E-Commerce, Restaurants
You’re not yet seeing clients, or your practice nets under about $50,000 a year. You may not need us yet, and we’ll tell you so.
You prefer to have a software that you handle yourself & do the bookkeeping & accounting yourself.

Wellness Fi Team Members

Sarah Al Haffar, CPA

Tax Advisor

Sarah has more than 15 years of experience in accounting, tax preparation, and tax planning. She enjoys working through each client’s situation, understanding their goals, and finding practical ways to lower their tax bill. Outside of work, Sarah spends time with her children, gardens, and reads about personal development and financial planning.

Nicole Brame, EA

IRS Enrolled Agent, Senior Tax Advisor

Nicole has more than seven years of experience advising practice owners on their taxes. She makes sure clients understand what she’s doing for them and why. In her words: “Advising and teaching my clients is my favorite part of what I do. It’s more than telling you what to write off. It’s helping you build confidence and understand what’s going on with your practice financially.”

Kathy Presto, EA

IRS Enrolled Agent, Tax Advisor

Kathy joined WellnessFi in January 2021 with more than nine years of experience in tax preparation and advising. She specializes in researching complex tax situations and is our go-to expert on California taxes. Outside of work, she surfs, hikes, and spends time outdoors with family and friends.

Mark Schwarz

Operations

Mark has helped more than 100 business owners grow revenue, lower expenses, and run their businesses more smoothly. He’s also seen the value of counseling firsthand: on their wedding day, he and his wife agreed to go to counseling at least once a year, and it’s been one of the healthiest decisions they’ve made. Mark lives in Austin, is a dad of four, and is an avid runner.

Eddie Valls

Founder Emeritus

Eddie founded WellnessFi in 2019. Therapists and life coaches helped him through a quarter-life crisis and into becoming a confident, focused business owner, and he wanted to give back to the mental health community with what he knows best: accounting and finance. Eddie led WellnessFi until 2023 before moving on to other interests. He lives in Austin and spends as much time with his family as he can.

Caleb Mungasia

Office Manager

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Your Options

Our guides break down how we compare to Heard, Collective & Green Oak. We’re not the right fit for everyone & we’d rather tell you that up front.

honest comparison

Wellness Fi vs. Heard

honest comparison

Wellness Fi vs. Green Oak

honest comparison

Wellness Fi vs. Collective

Let’s talk about your practice

A free consult is a good place to start. We’ll ask about your practice, answer your questions, and tell you honestly whether we’re a good fit. There’s no pressure to decide anything.

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