Finding a Top Financial Advisor Firm in Corpus Christi, Texas
Working with a financial advisor firm is supposed to make your life easier, but finding the right firm for you can be a stressful and confusing process. To make the process easier, SmartAsset compiled this list of Corpus Christi's top firms, including information on specialties, investment approaches and more. As only one firm ultimately made the cut according to our criteria, you might try SmartAsset's financial advisor matching tool, which can connect you with up to three advisors in your area.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Stonewater Wealth Management, Inc. Find an Advisor||$105,909,795||No set account minimum|| || |
Minimum AssetsNo set account minimum
How We Found the Top Financial Advisors in Corpus Christi, Texas
SmartAsset only considered firms that are based in Corpus Christi, Texas and are registered with the U.S. Securities and Exchange Commission (SEC). Firms that did not manage individual accounts, had disciplinary issues on record or didn’t offer financial planning services were removed from contention. Ultimately, just one firm made the cut according to this criteria. All information is accurate as of the writing of this article.
Stonewater Wealth Management, Inc.
Stonewater Wealth Management, Inc. (SWM) is the sole firm on this list. The firm specializes in working with individuals with less than a high net worth, though it does have a significant amount of pension plan clients as well. The firm does not have a minimum initial investment for new clients, so theoretically anyone could work with the firm.
Stonewater's advisory services can be divided into three general categories: financial planning, investment management and business retirement planning. Financial planning services include retirement planning, tax planning, college fund planning, debt/credit planning, insurance planning and more. Investment management services follow a top-down approach, as the firm does everything from formulating a personalized investment plan to implementing it within your portfolio.
This is a fee-based firm, as some of the on-staff advisors here can earn commissions when they sell certain insurance products to clients. While this creates a potential conflict of interest, the firm is bound by fiduciary duty to act in clients' best interests.
Stonewater Wealth Management, Inc. Background
Stonewater Wealth Management was founded in 2012. Today, the firm is owned by CEO, chief compliance officer (CCO) and wealth manager Michael Sharp. Sharp has been working in the financial services industry since 2001.
The advisory staff at SWM only includes one advisory certification. In fact, Sharp holds a certified financial planner (CFP) designation.
Stonewater Wealth Management, Inc. Investment Strategy
The investment planning process at Stonewater Wealth Management begins with a holistic overview of the client's financial situation. This involves doing a deep dive into their short- and long-term financial goals, time horizon, risk tolerance and any other applicable factors. Based on these factors, the firm will formulate a suitable investment policy statement (IPS) that details how your portfolio will be built.
SWM utilizes a number of securities when fleshing out its clients' portfolios. These include stocks, bonds, mutual funds, exchange-traded funds (ETFs), real estate investment trusts (REITs), hedge funds, annuities and other insurance products, private placements and more.