Kenneth M. McDaniel
Kenneth M. McDaniel is an Enrolled Agent (EA), Tax Team Leader, and Financial Wellness LifeCoach at DiNuzzo Private Wealth, Inc., d/b/a DiNuzzo Wealth Management which has operated as an SEC Registered Investment Advisory firm since 1989 and currently manages $943 million in assets under management as of December 31, 2023. Ken joined the firm in October of 2019, with the objective of joining a “Fee Only” Wealth Management firm that was focused on offering their clients sound, objective investment, DiNuzzo Financial Wellness LifePlan™ and tax planning under a fiduciary standard. In February of 2020, Kenneth became certified as a Financial Wellness LifeCoach.
Additionally, Ken has been awarded the prestigious designation as a FIVE STAR Wealth Manager. The award is given to wealth managers in Pittsburgh and across the U.S. who satisfy key client criteria and score the highest in overall client satisfaction.
An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part comprehensive IRS test covering individual and business tax returns, or through experience as a former IRS employee, plus passed an IRS background check. Enrolled agent status is the highest credential the IRS awards. Individuals who obtain this elite status must adhere to ethical standards and complete 72 hours of continuing education courses every three years.
Enrolled agents, like attorneys and certified public accountants (CPAs), have unlimited practice rights. This means they are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent their clients’ interests before. Learn more about enrolled agents in https://www.irs.gov/pub/irs-pdf/pcir230.pdf.
In February 2021, Ken was awarded the Accredited Investment Fiduciary® (AIF®) designation from the Center for Fiduciary Studies™, the standards-setting body for fi360. The AIF® Designation certifies that the recipient has demonstrated specialized knowledge of fiduciary standards of care and their application to the investment management process. To receive the AIF® Designation, the individual must meet prerequisite criteria based on a combination of education, relevant industry experience, and/or ongoing professional development, complete a training program, successfully pass a comprehensive, closed‐book final examination under the supervision of a proctor and agree to abide by the Code of Ethics and Conduct Standards. In order to maintain the AIF® Designation, the individual must annually attest to the Code of Ethics and Conduct Standards and accrue and report a minimum of six hours of continuing education. The Designation is administered by the Center for Fiduciary Studies, the certification division of Fi360 that is responsible for ongoing management of the program.
Fi360 is accredited by the ANSI National Accreditation Board for the AIF® Designation, making it one of few independently accredited designations recognized by FINRA.
Ken brings 30+ years of leadership experience in his background. Along with his Enrolled Agent designation, Ken has completed his Accounting Studies at the College of DuPage, qualifying him to sit for the Certified Public Accountancy, (CPA) examinations. Ken also has earned an Undergraduate Bachelor of Arts from Lewis University and a Master of Science (MS) from Duquesne University.
Ken is a member of the Financial Planning Association (FPA).
Ken resides in Center Township with his spouse Marie. In his spare time Ken is a Patched PIAA baseball umpire and participates in umpiring baseball games. Ken also volunteers with the Diocese of Pittsburgh, is a physical fitness enthusiast and enjoys the challenge of 5k runs.