Travis Lank, Principal, Pinion, LLC
Travis Lank advances row-crop farmers’ operational success throughout the Corn Belt. His agribusiness practice includes tax consulting and planning, financial statements, and day-to-day business advice. Travis has a knack for quickly grasping a producer’s financial story. With that story in mind, he identifies financial tools to benefit the farmer and facilitates improving their overall financial picture, often collaborating with multiple people throughout Pinion. He provides invaluable guidance to new producers joining the firm, assisting them as they familiarize themselves with the firm’s operations and services. Through strategic meetings, Travis aids them in developing goals and building processes that will lay the foundation for the farm business of their dreams.
Recent accomplishments include:
- Increasing net worth by $20,000, leveraging knowledge related to farm-income averaging for a producer with $700,000 in taxable income.
- Helping a farmer with $17 million net worth (and a projected net worth in 10 years of $30.5 million) preserve at least $4.5 of that wealth to transfer to heirs.
- Increasing potential cash flow by $4 million for a 4,000-acre family farm in the Corn Belt through entity restructuring.
- Increasing cash flow for a producer with $8 million in land value by requalifying the operation for farm-program payments, and increasing their applicable farm-program payment limits.
Growing up on a farm and working summers as a farm hand for a neighbor, Travis Lank learned first-hand the challenges farmers face and he takes them to heart. He applies that knowledge and care every day, identifying risks and opportunities, and exploring tax management alternatives for easier and more informed business decision making.
