We Don't Just Offer the Financial Services You Need, We Integrate Them
Prevail is proud to serve clients in Dallas and surrounding areas, seeing some of the most significant economic growth in the country. With financial considerations unique to the state and rapid expansion of specific sectors, Dallas clients have a goal in common with those in every market we serve – to have accumulated enough wealth to enjoy financial freedom and live the life you want to live. However, with conventional financial planning, it’s like flying into a strong head wind when you consider uncontrollable factors like income tax rates, contribution limits and distribution restrictions. We turn traditional wealth management on its head by surrounding each client with a financial board of directors who work as a team to help create, grow and preserve our clients’ total wealth. Because we think it’s time for better wealth management options for clients in the greater Dallas area and in every market we serve!
Significant implications from potentially changing income tax rates will have a major impact on all of us. At Prevail, we believe that diversification not only includes limiting investment exposure to market volatility, but also planning for fluctuations in income tax rates—so that you can ultimately keep more of what’s yours.
Many financial Investment Advisors Representative continue to advise clients based largely on traditional thinking—thinking that was applicable to the financial environment of 40-50 years ago. But, at Prevail, we intentionally leave those traditions in the past. Our philosophy is that clients should not only diversify by asset class and type to protect against market volatility, but also diversify to protect against higher future income taxes.
The pace of market change, market volatility, tax law changes, additions to the types of investments on the market, as well as the tools needed to buy, sell or track the performance of our investments—all of these have changed dramatically. Yet, the traditional approach to investment management remains largely the same. In addition to maximizing tax deferred investments, the conventional advice is to “diversify” by putting your money in a few different funds—based on your risk tolerance—to better ride out the ups and downs of the market.
The “strategy” of riding out the ups and downs of the market isn’t a strategy at all. Although, in some cases, it can provide a sense of safety from growth over time, it’s still a passive approach. But when it comes to building wealth, is PASSIVE enough? With this type of approach, you’re paying someone to “check in” on your money…on occasion. Doesn’t seem like a smarter move to partner with a team who are proactively analyzing opportunities in the market and actively buying and selling the same way they do with their own money?
Many successful business owners have concentrated heavily on the success and growth of their business, generating income, creating a valuable asset, and building long-term wealth. Additionally, they’ve often surrounded themselves with a variety of experts to handle various aspects of their finances including CPAs, insurance agents, brokers, attorneys, etc. Their focus on the business is key to driving growth, but can also cause blind spots when looking at their total wealth picture—both in the present and the future.
As an asset class, a business is considered an alternative private market asset and highly illiquid. Up to 90% of personal wealth is concentrated in many privately held businesses, but typically financial Investment Advisors Representative only allocate 10% or less of a client’s portfolio to this type of an asset class. Said more simply, business owners can be too highly concentrated in their business from a financial planning perspective.
At Prevail, managing money is more than financial. It’s personal. And it’s personalized. We never use a cookie-cutter approach. Every client is different and so must be their approach to creating, growing, protecting, and distributing their wealth. The “model portfolio” where money is stacked in different funds (ex. conservative, balanced, value, growth, aggressive growth, etc.) isn’t necessarily a model for today. Today’s market is unique. And so are the needs of our clients. Since the economy, the world, and our individual situations can change at a break-neck speed, Prevail takes into account not only our clients’ risk tolerance and asset class diversification, but also their overall tax strategy—that layers in another level of protection of assets.
Active and strategic management.
Our portfolios are built from stocks that we have researched, analyzed, tracked, forecasted, and tested. The strategic plan for how to leverage these investments is custom-built for every client. In other words, we have flipped the typical business model on its head. Instead of employing a large number of RIAs (Registered Investment Investment Advisors Representative) to accumulate AUM (Assets Under Management), we’ve poured our resources into technical analysis to generate wealth-creating opportunities for our clients. This provides our team with tremendous opportunities to help clients limit downside exposure in market downturns, and maximize upside during positive trends.
Our Team-Based Approach is Comprehensive & Easy
Your Entire Picture (ie. Business & personal)
Based on your unique situation
Leverage our team of experts
Establish wealth creating strategies
Determine ideal source of asset transfer
Agree on and implement strategies
Establish tracking tools
Support you with a financial BOD