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STA In The News

MarketWatch
The CARES Act allows some savers Americans to take money out of their retirement accounts — but advisers say they should proceed with caution

We have $190,000 in retirement savings and want to use the COVID-related distribution rules to pay off $40,000 in debt — should we?

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Bankrate
What to do with an inheritance

Receiving an inheritance after the passing of a loved one, especially when it’s unexpected, might leave you feeling a little overwhelmed by the options.

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Mass Mutual
Social Security filing strategies for the widowed

Losing a spouse is difficult, but it can be comforting to know that Social Security survivors benefits could help keep your financial house in order in the years ahead.

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MarketWatch
This is how much you need for retirement — and how COVID-19 will change that

Scott Bishop was interviewed by Alessandra Malito about how much you need for retirement – and how COVID-19 may change that in terms of retirement savings and retirement withdrawal rates.

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Financial Planning Association
The CARES Act: What the Coronavirus Relief Package Can Do for You

Scott Bishop was interviewed by the Financial Planning Association about the CARES Act and what the Coronavirus Relief Package Can Do For you – especially as it has to do with cash flow planning.

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AM740 KTRH NewsRadio
Young People Jumping into Stock Market for First Time amid Downturn

Young people are trying to make it rich in the stock market amid the COVID-19 pandemic and economic downturn. Online brokerages are seeing record increases in new accounts and in trading activity. Many are from millennials and Gen Zers who are starting from scratch, with no background in stocks. However, they’ve been enticed by zero fees and easy access via smartphone apps from companies like TD Ameritrade and E*Trade. Michael Smith, President, and Co-founder of STA Wealth Management says it’s great to have so many new people in the market. He has a warning for newbies, though, in light of the economy: not every company is going to make it. “The common stockholders can get taken out. The bondholders stay protected. So, bankruptcies will affect and can wipe out the stockholders,” Smith said. Smith also urges young people to make sure they’re learning about stocks (and getting stock advice) from a trusted source.

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Contact STA

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Whether you are looking for someone to partner with you in protecting and growing your assets, or you are an experienced financial advisor interested in joining the STA team, we want to hear from you. Please call us or email us, and we’ll be in touch as soon as possible!

Houston Headquarters

CityCentre One
800 Town & Country Boulevard, Suite 410
Houston, TX 77024

Phone:

281.822.8800


Sugar Land Office

Granite Tower
13131 Dairy Ashford, Suite 150
Sugar Land, TX 77478

Phone:

281.652.5303


Woodlands Office

21 Waterway Avenue, Suite 300
The Woodlands, TX 77380

Phone:

281.822.8800


Email

Info@stawealth.com

For directions to our Houston office, click here.