Feb
10

Choosing a Professional Financial Advisor

posted on February 10th 2014 in Austin CFP Team Posts & Your Financial Advisor with 0 Comments

By Christopher Van Slyke Working with a professional financial advisor can be key to achieving your goals for the future, but it can also derail your plans—if you’re not working with the right person. There’s no one-size-fits-all recipe for choosing an advisor, but there’s some important due diligence you should undertake before making a decision. […]

Read Article
Jan
31

Should You Dump Your Family’s Trust

posted on January 31st 2014 in Austin CFP Team Posts & Your Family with 0 Comments

Many revocable trusts contain by-pass planning. This type of plan captures the assets owned by, in whole or part, a deceased spouse in a trust for the survivor instead of simply giving the survivor the assets outright. One primary purpose of this type of planning is to preserve the federal and tax exemptions that would […]

Read Article
Jan
02

Asset Ownership: It Really Does Matter Whose Name is on the Title

posted on January 2nd 2014 in Austin CFP Team Posts & Your Financial Advisor with 0 Comments

Historically, estate planning centered on wealth transfer. But an increased exemption and portability of the federal estate tax exemption, coupled with laws that capped damages in injury cases being struck down across the country, has caused many families and their advisors to look at wealth preservation. Wealth preservation is not just for the wealthy or […]

Read Article
Oct
28

Professor Fama’s Nobel Prize, WorthPointe, and You

posted on October 28th 2013 in Austin CFP Team Posts & Market Commentary with 0 Comments

by Scott O’Brien, CFP® Director of Wealth Management We are thrilled to share news that University of Chicago Professor and Dimensional Fund Advisors board member Eugene F. Fama has been named a co-recipient of the 2013 Nobel Prize in Economic Sciences, in recognition of his contributions to the “empirical analysis of asset prices.” It’s about […]

Read Article
Oct
16

The Portfolio Assassin: Undisclosed Fees

posted on October 16th 2013 in Austin CFP Team Posts & Your Financial Advisor with 0 Comments

After a great meal, we generously tip the waiter. The dentist soothes our toothache and we happily pay for the relief. We don’t mind paying for services when the benefits justify the cost. Similarly, we don’t mind paying investment fees if performance warrants the expense. However, there are two reasons why brokerage fees are rarely […]

Read Article
Oct
04

What Happens When Interest Rates Rise?

posted on October 4th 2013 in Austin CFP Team Posts & Your Financial Advisor with 0 Comments

Scott W. O’Brien, Director of Wealth Management According to Morningstar, in May the average bond fund dropped in value by nearly 7% when interest rates spiked. This followed much speculation about the possibility and timing of when the Federal Reserve may end their bond-purchasing program. The timing is important, as this program and the quantitative […]

Read Article