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STA In The News

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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Yahoo Finance
How Not To Screw Up Your Retirement Once You’re There

You’ve put in your time in the working world and saved up a healthy nest egg so that you can enjoy your golden years in retirement. But even if you’ve done everything right up until now, there are ways you can unwittingly derail your retirement once you’re there.

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Fiduciary News
Here’s How The 401k Fiduciary Dispels The “This Is Retirement?” Corona-Quarantine Fear

What’s it like to not have to commute? What’s it like to sleep in a little later than normal? What’s it like live a more relaxed, less hectic life? If this sounds like retirement, you could be right. But it also sounds a lot like coronavirus quarantine. And that’s spooked a lot of people. Do you know any of them?

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How to choose a financial adviser: 6 tips for finding the right one

If you’re not an expert in money matters, hiring a financial adviser to manage your money life can be a tough decision. It’s almost impossible to know every financial arena well because they can be so specialized. Estate planning is completely different from picking the right investments, for example. Managing a portfolio is different from crafting a monthly budget.

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Houston Headquarters

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



Sugar Land Office

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



Woodlands Office

21 Waterway Avenue, Suite 300
The Woodlands, TX 77380




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