Austin Wealth Management

TFW when it's a perfect night on the Forty Acres and Texas Exes names you one of the fastest-growing Longhorn businesses in the world, as part of the 2024 #Longhorn100! 🙌⭐️ This prestigious list identifies and celebrates the fastest-growing businesses founded, owned, or led by alumni of The University of Texas at Austin. 🤘🏼 We're especially honored that Austin Wealth Management is the only financial planning and advising firm selected for the #Longhorn100 this year. This is a testament to our fantastic, talented team -- and our equally amazing client family. Thank you to President Jay Hartzell, Chuck Harris, Sara Light, Kelsey Evans, Dorothy Guerrero and the Texas Exes & Texas Development teams for such an inspiring evening! For more information on the Longhorn 100 and the complete 2024 rankings, visit https://lnkd.in/dzVcc6ZQ #LonghornBusinessNetwork #WhatStartsHere #FinancialPlanning #FinancialAdvising

🎧 New Podcast Episode: Understanding Medicare Enrollment & Planning 🏥 Medicare can be overwhelming—especially with all the marketing materials that hit your mailbox when you turn 65! Additionally, several recent issues with Medicare Advantage (MA) plans have raised concerns among enrollees and policymakers. In our latest podcast, Manisha Gupta, CFP® talks with Medicare expert Dana Lasman, Medicare Benefits Specialist to break down the complexities and help you make sense of your options. In this episode, Dana covers: 📌 Medicare eligibility and how to enroll 📌 Unbiased resources to evaluate your Medicare choices 📌 The different parts of Medicare – A, B, C, D (and even N!) 📌 Original Medicare vs. Medicare Advantage: Which is best for you? 📌 Understanding medical expenses—premiums, co-pays, deductibles, and max out-of-pocket costs. 🔗 Listen now: https://lnkd.in/gani2NWx #MedicarePlanning #RetirementHealthcare #FinancialPlanning #HealthcareCosts #RetirementPlanning

If you're like many parents who have diligently saved for your child’s education using a 529 plan, you might be wondering what happens to any leftover funds after the tuition bills are paid. The good news: thanks to Congress and the SECURE 2.0 Act, unused 529 funds can now be rolled over into a Roth IRA for your beneficiary! 🎓➡️💼 Here are a few key rules to keep in mind: ✅ The 529 account must be open for at least 15 years. ✅ The Roth IRA must be in the name of the 529 beneficiary. ✅ Rollovers are subject to annual and lifetime limits, so planning is key. Though it’s a great new option, navigating the rules can be tricky because there are also income requirements and annual rollover limits. But over the long term, this recent change represents a significant opportunity to enhance both education and retirement savings strategies for your adult children. Read more tips from David Lowe, CFP® and reach out to our team for advice on making the most of this opportunity. ⬇️ https://lnkd.in/gHSKXup2 #FinancialPlanning #529Plan #RothIRA #SECUREAct #RetirementPlanning #EducationSavings

📉 Dealing with Market Dips 📈 Investors get paid for taking risks, but when the market dips—like the recent sudden 7% drop between July and August—it can be unsettling. These dips are inevitable, but predicting their timing and severity is nearly impossible. Instead of trying to outsmart the market, a more reliable approach is to stay the course and invest consistently over the long term. Whether you're buying into a dip or at an all-time high, history shows that it's the time you stay invested that matters most! For those with excess cash to invest, a gradual approach can help reduce risk while taking advantage of opportunities to buy at lower prices. The key takeaway? Avoid reacting emotionally during market downturns, and remember that long-term commitment often leads to better outcomes. Want more insights on how to handle market dips and optimize your investment strategy? Read our full blog post from Kevin X. Smith, CFA: https://lnkd.in/g3sRrNMU 💡 #Investing #StockMarket #FinancialPlanning #StayTheCourse

🎙️ New Podcast Episode Alert! 🎙️ #Taxes can be one of the most complicated parts of financial planning, especially when a big bonus, company stock vesting, or a profitable business year leaves you facing an unexpected tax bill. In our latest podcast, we sit down with Joe Pachuca, CPA to talk about how proactive #taxstrategies can help you avoid those unwelcome surprises from the IRS. Joe shared his insights about: 💼 Common reasons clients may face large tax bills 📅 The importance of proactive tax planning 💡 How estimated taxes work and when they’re due 💰 Deciding between paying taxes immediately or reserving funds in a high-yield savings account; and 🧮 How CPAs and qualified tax preparers help you calculate and anticipate estimated taxes. Listen on Apple Podcasts, Spotify, or your favorite podcast player! Search for the Can't Take It With You podcast, and add it to your favorites.🎧 https://lnkd.in/guuwUT5u #TaxPlanning #FinancialPlanning #TaxTips

🌟 We're #Hiring: Senior Investment Operations Specialist! 🌟 AWM is looking for an experienced (5-7 years) mid-level Senior Investment Operations Specialist to join our #RIA. 📊 💵 🚀 This is a critical role for our firm during this exciting time of rapid growth, and you will be collaborating daily with advisors, planners, and our client service team. No siloes here! Responsibilities include: 🎯 Managing the daily trade blotter, executing transactions, and optimizing portfolios through AWM's custom rebalancing, tax-loss harvesting, and dollar-cost averaging programs. 🎯 Spearheading the continuous improvement of investment operations to align with our investment philosophy, from managing the quarterly billing process to evaluating and deploying new technologies. 🎯 Supporting our advisors in creating holistic investment proposals, generating portfolio analytics and quarterly performance reports, and answering frequent questions about investments for both clients and internal team members. 🎯 Applying your knowledge and insight to client- and human-centered trade execution, advanced Excel and Google Sheets, and database management. 🎯 Leveraging leading #wealthmanagement tech stack providers like Charles Schwab, Orion, Salesforce, and Pontera to continue improving the experience and relationships with the families we serve. Series 65, 66, or #CFA preferred. Please see the full job description below and to apply. ⬇⬇ #financialadvising #financialplanning #FPA #portfolioadministrator #portfolioadvisor #financejobs #investmentoperations

All aboard! 🚂 🎉 The new Zilker Eagle mini-train launches tomorrow, and Austin Wealth Management is proud to be a sponsor of this beloved community tradition! The Austin Parks Foundation and City of Austin worked together on the creation of a new train that will be fully electric and accessible to all, with multiple ADA accessible coaches and a completely upgraded depot and surrounding grounds that are also ADA accessible. ⚙ 🚉 There will be a community hours program where families who cannot afford to pay can ride the train for free during select days/times. 🌞🌳 Look out for AWM's permanent plaque on the blue coach car! 🔵 And to plan your visit, go to zilkertrain.org.

🌟 Job Opportunity: Financial Planning Associate 🌟 AWM is #hiring again! Come join our growing #RIA in Austin. We are seeking a Planning Associate with at least 2-3 years of holistic financial planning experience. If you fit this description and want to accelerate your planning skills, apply below! Key Responsibilities: 🔹 Assist advisors in developing comprehensive financial plans 🔹 Apply your knowledge of financial planning concepts and data analysis 🔹 Correspond with clients, educate them, and collaborate on strategies 🔹 Create new planning materials for clients, update existing plans, and research the latest financial planning strategies At AWM, our planners support our advisors and have a path to transition to working with clients as advisors at their own pace. Check out the position description on our website for more details and to apply. ⬇ https://lnkd.in/gmJ2CYUS #CFP #financialplanning #financialadvising #wealthmanagement

📈 Using Dollar-Cost Averaging to Reduce Risk 📉 ▶ "I am sitting on this pile of cash in my account but I don't know the best time to put it into the market." 💰 😕 ⁉ Whether from the sale of a home or business, vested stock, an inheritance, or just disciplined savings, deciding how to move a lump sum of cash into the market can be daunting due to fluctuations -- but also behavioral psychology. Enter dollar-cost averaging (DCA), a strategy that we use to help manage risk by spreading #investments over time. Here are some key benefits: ✴ Reduce timing risk: DCA spreads investments to avoid the risk of investing a lump sum right before a downturn. You invest a fixed amount at regular intervals, continuously adding to your portfolio. ✴ Take advantage of unpredictable market dips: Pre-scheduled investments mean buying more shares when prices drop periodically, boosting potential returns. We also use a "trigger schedule" to move additional cash into investment accounts during market declines to capitalize on lower prices. ✴ Encourage consistent investing: DCA offers a structured approach, eliminating the pressure of market timing and removing emotional biases that may discourage "getting into" the market. For more about how we choose the right DCA model for clients and their situation, read our latest from Kevin X. Smith, CFA: https://lnkd.in/gEKRin9x #FinancialPlanning #Investing #RiskManagement #DollarCostAveraging

🌟 Job Opportunity: Financial Planning Associate 🌟 AWM is #hiring again! We are seeking a Planning Associate with at least 2-3 years of holistic financial planning experience. Come join our growing RIA in Austin! Key Responsibilities: 🔹 Assist advisors in developing comprehensive financial plans 🔹 Apply your knowledge of financial planning concepts and data analysis 🔹 Correspond with clients, educate them, and collaborate on strategies 🔹 Create new planning materials for clients, update existing plans, and research the latest financial planning strategies At AWM, planners support advisors and can transition to working with clients as advisors at their own pace. Check out the position description for more details and to apply ⬇ ⬇ #FinancialPlanning #FinancialAdvising #RIA