Considering recent developments related to the coronavirus, we would like to make you aware of the measures we are taking. Our focus is on protecting the health and wellbeing of our employees, clients, and guests and ensuring we are prepared to effectively manage the investment solutions and deliver the high level of client service we […]
As a Financial Advisor at Austin Asset, I am routinely keeping up with changes to tax laws and how that impacts our financial planning assumptions. One of the largest reforms just occurred and here is what you need to know: The Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed by the House […]
I am a Wealth Advisor. It was not until recently that I realized this statement does not clearly define what I do. Why? Because there is no consistency in the financial advice business for job titles. For example, the financial services industry uses the title Financial Planner, Financial Advisor, Investment Manager, Asset Manager, and Wealth […]
Once you turn 70 ½, the IRS mandates that you take a Required Minimum Distribution (RMD) from your retirement accounts. There are various stipulations with taking RMDs, but we’re here to take you through it.
Please join us in welcoming our new Wealth Planning Lead Advisor, Clayton Boone! Clayton brings more than ten years of experience in the areas of asset management, wealth management, and institutional sales and will be heading up our client experience initiatives. Previously, Clayton held positions in the investment management industry where he oversaw key accounts, sales […]
If you purchased a new home in 2018, file your residential homestead exemption application by April 30, 2019, to effectively remove part of the value of your property from taxation and lower your taxes. In addition to the $25,000 exemption that all homestead owners receive, those age 65 or older qualify for a $10,000 homestead […]
According to the Austin Board of Realtor’s Year End 2018 report, the median price for single-family homes increased annually by 3.6%, reaching $310,400 in the Austin/Round Rock area. Kevin P. Scanlan, 2019 Austin Board of REALTORS® president, said this past year “was the highest-grossing year on record. For the first time, the median price for […]
Overall spending on graduation gifts in 2018 was $5.2 billion, with an average gift purchase of $102.51. According to an annual survey on graduation gift spending, graduates will soon have wallets filled with gift cards and cash of that amount—often spent on items that won’t serve them long term. Consider a gift with greater longevity […]
For your Austin Asset advisor, maximizing the tax efficiency of your portfolio isn’t an annual practice, but an ongoing activity. We review our diversified taxable portfolios regularly for tax-loss harvesting opportunities and, using your up-to-date tax information, make the best decisions for you and your portfolio. There’s still time to make a regular IRA contribution […]
Our CEO, Eric Hehman, sat down with Tab Schadt, CEO of DoubleHorn, to discuss best practices in wealth management and our growth over the past 30 years. Listen and hear about Eric’s recently published book, Success and Succession, in which he outlines the complexities of leadership transition and strategies for its success.