News & Info
In late February, Rich Welsh, CFP®, Richard Hollis and Chris Brown, CFP® attended AssetMark Advisory Board Meeting and Gold Forum in California. During that event, they had the opportunity to participate in panel discussions with leading investment strategists from across the nation. In addition, they heard from several leading chief investment officers, chief economist and a few CEOs from prominent investment companies.
In early May, Bob Frater, CFP® will attend the Financial Planning Association’s Retreat in Florida. This is an annual gathering of CFP® practitioners in the nation to gain knowledge of new techniques, strategies and technology used in the Financial Planning Profession.
Rich Welsh is also helping put together an Aviation Open House at West Houston Airport which will be held April 12th and 13th. It is open to the public and will feature WWII Aircraft including a B-17 Bomber and several fighter and trainer aircraft of that era. Visit their website for more information: www.houstonwing.org.
Houston Asset Management Charitable Foundation expects to award another scholarship this spring to a Houston area high school senior. The application window for the scholarship will close on March 31st. For more information on this scholarship, please visit the News & Info page on our website. If you would like to contribute to this 501(c)(3) charitable foundation, please call us at 713-629-1534.
Congratulations to Houston Asset Management staff members celebrating anniversaries in April:
- 15-Years: Harry Montgomery and Michele Frnka
- 3-Years: Bob Hampton, Rich Welsh, Jacque Turner and Evelin Valenzuela
- 1-Year: Emily Kerne
During November and December, Richard Hollis attended an American Funds due diligence conference in Los Angeles, a Blackrock ETF University meeting in Houston and an Eaton Vance meeting presented by one of their fixed income portfolio managers.
In December, Chris Brown attended the Houston “Investment Mastery” which featured 15 strategist and economist leading investment companies during six hours of panel discussions.
Congratulations to Michele Frnka on passing her FINRA Series 63 exam. Also, congratulations and best wishes to our receptionist, Linda Ludwick with her recent marriage to Richard Burgess. Lastly, congratulations to Shannon Ruiz on her 5th anniversary, and Karen Lampe on her 7th anniversary with HAM.
The Houston Chronicle interviewed Bob Frater about our annual "Cost of Loving Index", which tracks the prices of nine common Valentine gifts. Here are some highlights for the 2014 “Cost of Loving Index” by Houston Asset Management:
- Costs for five of the nine popular gifts traced in the “Cost of Loving Index” were unchanged.
- Premier: Two tickets to the first-run movie increased in price 4.7% to $22.
- Unmentionable: The price of a silk designer nightie remained the same at $68.
- For the sweet tooth: A beautiful heart-shaped box of Godiva chocolates is the same at $100.
- Lovely delivery: A dozen long-stemmed red roses delivered to your sweetie will cost $129.07; that’s more than double the cost in 1990 of $65.
- Skip the appetizer: A candlelight dinner at an elegant restaurant costs 6.4% more this year.
- Sweet smell: The highest priced item on the index is one ounce of Chanel No. 5 perfume at $325- the same as last year which was a 14% increase from 2012.
- Pop a cork: A bottle of Simi California chardonnay dropped 10.56% this year to $23.12.
Rich Welsh, Richard Hollis, Chris Brown and John Payne attended the quarterly Genworth Premier Consultants Conference held in Dallas in October. Richard Hollis and Bob Frater attended the Financial Planning Association annual Symposium in Houston.
On Friday, November 1, 2013, Houston Asset Management, Inc. was honored to support several veterans at the Salute to Veterans Luncheon presented by the Houston West Chamber of Commerce. This is an annual event and is a way of saying, “Thank you for your service”. The event was held at the Omni Houston Hotel-Westside. A fly-by of WWII aircraft to honor those that never came home was included as a part of the program.
Our advisors and staff would like to extend a sincere “Thank You” to all participants in our annual Houston Asset Management Charitable Golf Tournament on Friday, November 8th and to all who contributed donations to the foundation. This spring, we hope to fund another $10,000 scholarship and possibly a runner up scholarship to deserving high school seniors pursuing a degree in business. It’s still not too late to contribute to this spring’s scholarship awards. If you believe in this concept please contact us on how you can donate to the 501(c)(3) Trust, Houston Asset Management Charitable Foundation.
Congratulations to Kristian Taylor who celebrates her 12th anniversary with HAM.
Our offices will be closed for the holidays on November 28-29, December 25 and January 1. We will close early at noon on December 20, December 24 and December 31. We wish you and your family a wonderful and safe Holiday Season.
Bob Frater, John Payne, Rich Welsh, Richard Hollis, Chris Brown, Kristian Taylor, Emily Kerne, Evelin Valenzuela and Jacque Turner will attend the SagePoint Financial, Inc. National Education Conference in October.
HAM's debut of the Cost of Learning Index was a success. This index which tracks the price of 10 popular items purchased by college-bound students was featured in the business pages of the Houston Chronicle on August 5, 2013 and on News 92FM and KUHF radio.
In October, Gordon Frater will be joining Houston Asset Management. He and his wife (of two weeks), Kaitlin, will be moving to Houston from Milwaukee in mid-October. Gordon graduated from Arizona State University with an Economics degree, is fluent in Spanish and is an accomplished disk golfer. He will be assuming Para-planner responsibilities and brings to us four years of experience from New England Financial. Bob is excited and proud to have his son, Gordon, joining our firm.
Celebrating anniversaries in September at HAM are Connie Kutac 38-years, Chris Brown 10-years, and Paula Garza 9-years. October anniversaries include 29-years for John Payne and 4-years for Linda Ludwick. Congratulations to all.
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