When seeking investment advice, most investors call a trusted financial adviser or stockbroker. If this happens to be the same person, investors should pay special attention to one of the biggest investment advisory decisions from the Securities and Exchange Commission in nearly 35 years. Since Jan. 31, all United States brokerage firms that offer fee-based financial services have been required to clearly disclose whether an account is a brokerage account or an advisory account. See ...

At an Investment Forum hosted by the Houston Business Journal on July 21, financial experts shared their views on a variety of issues facing Houston investors. Participating in the Forum were: Brad Dunn, Pin Oak Investment Advisors; Drew Kanaly, Kanaly Trust Co; Richard Leader, Burnham Asset Management; and Fritz Meyer, AIM Investments. See attached .pdf for full article.

Enterprise Champions are four leading businesses from among the Houston Small Business 100 that are set apart not only in growth and industry leadership but in benefits to employees, company culture and service to the community. Companies considered for this award provided additional information about their philanthropic contributions, innovations and challenges. Eight finalists, selected by a review committee of the HBJ editorial department, were interviewed by representatives of Houston ...

It's easy to compare two jobs, based on salary. But benefits such as stock options, insurance, retirement plans, vacation and other perks all affect a job offer's value. With benefits packages growing more elaborate, these attributes are not easy to compare from one package to the next. See attached .pdf for full article.

Continue a life-long program -- Drew Kanaly, Vice Chairman, Kanaly Trust Co. Financial comfort is personal. It is not accidental. It is built, over time, through savings and compounding, and it requires a sense of future. Each person travels the path to retirement at a different pace. The beginning of a new year is a good time for any person to refocus on his financial future. The stock markets should play a role in most retirement plans. Stock investing, however, should be carefully planned ...

After a thorough review process, Medical Economics has selected their top 150 financial advisors for doctors. Steven P. Kanaly, CFP®, CTFA, CISP, NAPFA Registered Financial Advisor™ has made the list! Please read the attached article for a full description of the selection process and a professional profile of Steve Kanaly.

Owning a ranch is a goal that beguiles many of us seeking beautiful surroundings that encourage strong values such as the importance of hard work, individualism and conservancy. But these properties are not for dilettantes: Before purchasing a ranch, we need to weigh whether the benefits we expect will outweigh the large investments in capital, time and effort that ranching requires. See attached .pdf for full article.

A pioneer of the independent trust company and pure fee-only financial planning, Kanaly Trust has experts in tax, law, investments, real estate, mineral interests and more. Family owned and operated since 1975, Kanaly actively manages and oversees billions in assets for individual clients. As a recognized leader in pure fee-only financial planning, Kanaly does not sell any financial products. This allows them to make objective recommendations and take action totally in a client's best ...

Serving as a fiduciary is truly an awesome responsibility that one should neither accept nor bestow lightly. People often appoint fiduciaries and accept fiduciary roles - as executors, trustees, guardians of minors and corporate board directors - without carefully considering all the personal, financial, legal, and emotional ramifications of their choices. There are even cases in which fiduciaries have been named without being informed of their appointment, leaving them with potentially no ...

Family businesses from Waco, Belton, Houston, Corpus Christi, Mount Pleasant, Miles and Livingston were honored Oct. 17 as winners in the 13th annual Texas Family Business of the Year competition, sponsored by Baylor's Institute for Family Business. The awards were presented by Dr. Terry Maness, dean of the Hankamer School of Business, and J. David Allen, director of Baylor's John F. Baugh Center for Entrepreneurship, at a banquet held in the Barfield Drawing Room in the Bill Daniel Student ...

If consumers could nominate a guardian angel, surely Steven P. Kanaly would be in the running. As chairman of the National Association of Personal Financial Advisors, a select group of fee-only planners, Kanaly is a purist whose professional standards are so stellar that even he admits, "Sometimes, I'm not sure we're not more of a religion." Kanaly, 48, is the leading voice of the fee-only movement, which is emerging as a powerful player in the independent advice channel. NAPFA's 750 members ...

E. Deane Kanaly, Founder and Chairman of Kanaly Trust Company, was recently named Houston's 2002 Ernst & Young Entrepreneur of the Year in Financial Services. The award was presented to one professional in each of 10 business categories. Winners from each area were announced at an awards banquet held on June 20. Mr. Kanaly was chosen as a finalist due to the groundbreaking achievements and insightful leadership he has demonstrated throughout his professional life. Mr. Kanaly began his career ...