tpbs, LLP Principals
- Robert L. Tate, Jr., CPA, MS
- Michael J. Beggs, CPA
- Ralph T. Sugimoto, Jr., CPA
- Michael R. Tate, CPA, PFS
Robert (Bob) Tate specializes in tax, estate and financial planning for individuals, principals in professional practices and for owners of closely held businesses.
Bob received his Bachelor of Science degree in accounting from the California State University, Fresno, and his Master of Science degree in financial planning from the College for Financial Planning. He is a Certified Public Accountant and has received the Personal Financial Specialist (PFS) designation awarded by the American Institute of Certified Public Accountants Specialization Accreditation Board to those CPAs who have demonstrated their competency and experience in providing tax, estate and financial planning services. He received the Bronze Medal for achieving the third highest national score on the Personal Financial Specialist examination.
Bob is a member of the American Institute of CPAs' Personal Financial Planning Division and Tax Division. He has also been active in the California Society of CPAs, where he served as past Chairman of the Sacramento Chapter CPA Estate and Financial Planning Committee and as a member of the Board of Directors of the Sacramento Chapter of Certified Public Accountants.
Bob is also involved in various civic and charitable organizations. He is the founder and past president of Christmas in April*Sacramento and a recipient of the Jefferson Award for Public Service. He is a past president of the Sacramento Theatre Company and has served as chairman of the Ronald McDonald House Capital Campaign and as chairman of the University of California Davis Medical School Legacy Committee and Business Outreach Committee. He has also served as a trustee of the University of California Davis Foundation.
Michael Beggs is a founding director of tpbs. His area of emphasis is tax and consulting for high income individuals and for entities providing products and services in the real estate and construction industries.
He received his Bachelor of Science degree in Business Administration from California State University, Fresno.
Michael is a sports aficionado extraordinaire (in Mike's words, an outdoorsman) from World Series Little League to fly fishing, bird hunting, high school and Division I college baseball, basketball, football, golf, and almost any outdoor activity.
Michael, his wife, Tammy, and their family traverse the globe supporting each other's athletic endeavors which include marathons in New York City, San Diego, and Paris, and Ironman Triathlons in New Zealand and Kona, Hawaii. Both Michael and Tammy have been very involved on various boards and organizations in the Sacramento area as a way to give back to the community in which they live.
Ralph Sugimoto is a founding director of tpbs. His primary areas of service and expertise include financial and tax planning, business valuations, and estate and trust taxation.
He earned a Bachelor of Science degree in Accounting, with a minor in Mathematics, from California State University, Sacramento.
Ralph is active in many civic and charitable organizations. He is a member of the Board of Directors and has been an officer of the Japanese American Citizens League, Sacramento Chapter Matsuyama-Sacramento Sister City Corporation; CSUS Alumni Association; Chado Urasenke, California Wa-Ki Association; and Safety Center, Inc.
He is a member or the Board of Trustees for Buddhist Churches of America Endowment Foundation and the Walnut Grove Buddhist Church. He is also a member of the East Lawn Japanese-American Advisory Board and University of California, Davis, Medical Sciences Leadership Council.
Ralph's passions include golf, dining out, watching sports, meeting people, taking his wife, Pearl, to Tahoe, Reno and Las Vegas.
Michael Tate is the principal in charge of the Wealth Management Services offered through tpbs Capital Management. Michael earned his degree in Finance and Economics at Saint Mary's College of California. In conjunction with his many years of experience in tax planning and preparation, he counseled clients on their retirement needs, investment allocation, and many other factors related to their financial affairs. It was through this work that Michael realized that there had to be a solution where he could offer wealth enhancement plans precisely targeted to individuals' sophisticated needs and goals. At that time he developed the Personal Chief Financial Officer program to assist those clients with developing, implementing and maintaining a customized wealth management plan. Using a consultative approach, he is able to look at where they are in life and where they want to be, and then develop a plan to fill in the gaps.
In 2000, Michael earned the professional credential, Certified Public Accountant, and in 2005 he received the Personal Financial Specialist (PFS) designation awarded by the American Institute of Certified Public Accountants Specialization Accreditation Board to those CPAs who have demonstrated their competence and experience in providing tax, estate and financial planning services.
His investment philosophy is derived from his studies of Modern Portfolio Theory, focusing on building individual client portfolios that maximize profits per unit of investment risk. By utilizing "institution only" asset class mutual funds, Michael is able to implement proven investment strategies that are not usually accessible to individual investors.