Who Needs Financial Planning? Everyone!
It puzzles me when I meet people who don’t have an advisor to assist them with financial planning. In my mind, the health of your finances is somewhat like your physical health, in that a professional should make any required “diagnosis.” When you’re sick, you go to a doctor; with respect to financial planning, think […]
Read ArticleWhy Hope is Not a Strategy
This post is a preview of WorthPointe’s e-book Evidence-Based Investing: Separating Fact From Fiction, written by Certified Financial Planner™ Scott O’Brien. In Evidence-Based Investing, Scott discusses the myths and misinformation that most often slow or halt our financial goals. Get your free copy of Evidence-Based Investing here. Most families spend more time planning their vacations […]
Read ArticleThe Emotional Side of Financial Planning
A financial advisor should understand every aspect of a prospective client’s financial life and frankly – take too much time with them — by design. It’s important to learn their goals and dreams, as well as their challenges and fears, and that means developing relationships that are both professional and personal. By getting to know […]
Read ArticleGold: Is It Worth Its Weight?
Political upheaval, inflation pressure and uncertainty of global norms have recently resulted in a glitter on gold. Furthermore, the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) finally approved its new Shari’ah standards on gold, potentially opening up gold as investment for an additional 1.6 billion Muslim investors heretofore not able to invest in […]
Read Article2017 Qualified & Pension Plan Q&A
Attention business owners: your friendly neighborhood Certified Financial Planner™ professionals (CFP® professionals) in Dallas-Fort Worth, Austin, and Southern California want to remind you that 2017 is right around the corner. Here’s a peek at how deduction limits for Qualified Plans have either changed or remained constant for 2017. What are the elective deferral limits for […]
Read ArticleSaving Taxes the Smart Way
Business owners might have a 401(k) and think they are doing the best they can to save on taxes today and save for retirement tomorrow. What they don’t know is that they can, depending on age, more than triple the amount of tax deferred savings and reduce their taxes at the same time. How to […]
Read ArticleInvestor Behavior Explained in 16 Hours
“Trump Post-Election Investment Strategy” or “Investor Behavior Explained in 16 Hours” Either of these titles are appropriate in consideration of President-Elect Donald Trump’s historic election win on Tuesday. This 16-hour period serves as perfect petri dish to explore the viral contagion that invades people’s emotions in irrational ways such that they can lead to false […]
Read Article20 Ways to Increase the Value of A Business
Scott O’Brien, WorthPointe Partner and financial planner, is passionate about serving business owners and helping them coordinate their financial lives. As a result, he often networks and connects with others who support business owners. Scott recently connected with John Fincher, Certified Business Intermediary and Board Certified Broker with Corporate Investment in Austin, TX, who put […]
Read ArticleMorgan Smith Speaks at IIB Annual Investment Bankers Meeting
Morgan Smith, WorthPointe Partner, was one of the featured speakers at the Independent Investment Bankers (IIB) Annual Investment Bankers Meeting, held at the UT Golf Club in Austin. Morgan spoke to approximately fifty investment bankers at the morning session on October 11 on the key financial issues for business owners planning to sell their business, […]
Read ArticleThe Morgan Report 2016 Q3: Presidential Aspirations
Presidential aspirations? I have none. It’s very fulfilling helping families and business owners with their lives and I would not want to give that up to participate in a political system that is ripe with conflicts of interest. I have been approached to run for office, but my response is that I would be a […]
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