A few weeks ago, PARTNERSINWEALTH was named Houston’s 4th largest wealth management firm for firms with investment minimums of less than $1 million. To put that in perspective, there are 1,126 investment firms in the Houston area, according to YP.com.
What is even more satisfying to us is the fact that the Houston Business Journal (HBJ) also named PARTNERSINWEALTH to its “Biggest Winners” list. This list recognizes firms with the largest percentage year-over-year increase in assets managed for Houston-area clients. It’s based on questionnaires, SEC filings and HBJ’s own research.
See the list here.
These honors are humbling, but also gratifying and, we feel, a validation for our unique philosophy of wealth management. Observers of the industry and clients who have had experience with other advisors tell us our PERSONALCFO approach is fundamentally different from traditional financial advisors. Supporting this assertion is our record growth in the number of new clients added last year, a difficult time for many Houston-area financial advisors.
How did we do it? We think it’s best to ask our clients.
“I was tired of advisors who were paid by the amount of money they managed or a commission,” one told us. “I was looking for an advisor that better met my needs.” When asked to elaborate, he alluded to needing a sounding board for financial concerns, help with organizational matters, and someone who understands and monitors his overall situation, in addition to giving investment advice. He also said he appreciates our flat fee for services, one not tied to investments-under-management or financial product sales. He felt that built trust in our relationship, and that we viewed him as a client not a potential commission.
If you’re a financially successful family who is having a difficult time finding a financial advisor that is right for you, we invite you to get to know us. Please contact Jim Waters, CFP at 713.964.4028 or email@example.com.