Harold Evensky

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Harold Evensky (Born September 9, 1942^[1]) is a Certified Financial Planner (CFP), an Accredited Investment Fiduciary (AIF)and President of Evensky & Katz ^[2], an author & editor, and an engineer^[3].

Contents 1 Biography 2 Financial Planning 3 Accolades 4 References

[edit] Biography

Born Harold Ray Evensky in Memphis, Tennessee; Harold moved to New Orleans with his family at age 4. Harold earned a Bachelor of Civil Engineering and a Masters of Science from Cornell University^[4] in Upstate New York. Before becoming a financial adviser, Harold worked as an engineer in Louisiana, Ohio and Florida.

After some time as a Vice President of an Investment Company, he and his cousin, Peter Brown, opened up a private practice in 1986 under the name Evensky & Brown. In 1990, Deena Katz, a financial adviser from Chicago, merged her practice to form Evensky, Brown & Katz, were he served as Company Chairman^[5]. The new firm would go through a number of changes, from adding a new partner, Robert Levitt, and his name to the company only to part ways some years later^[6], the retirement of his co-founder in the early part of the 21st Century^[7], and the company's 20th anniversary relaunch as Evensky & Katz in 2004.

In the mid 1990s, Evensky married Deena Katz in Miami^[8]. Harold is twice married with two children, Elizabeth and David, from his first marriage and has three gradnchildren. ^[9]

[edit] Financial Planning

Mr. Evensky’s legacy to the industry is seen through his personal appearances to adviser organizations and his development of codifying his successful practice style through literary works. Harold has addressed conferences throughout the United States, Canada, Australia, and the United Kingdom^[10] .

Harold is frequently quoted in a number of financial trade publications, newspapers, internet articles, Blogs, and magazines. Harold is a contributing writer for Financial Advisor Magazine, The Asian Financial Planning Journal^[11], and a member of the Editorial Review Board of the Journal of Financial Planning^[12].

He has also co-edited two books with his business partner and wife, Deena Katz, titled The Investment Think Tank: Theory, Strategy, and Practice For Advisers (ISBN 1-57660-165-X) and Retirement Income Redesigned: Master Plans for Distribution (ISBN 1-57660-189-7 by Bloomberg Press) where he also wrote a chapter for each.

In addition to his literary works in the field of Financial Planning, Mr. Evensky is has also served on a number of different Financial Advisory Boards, including as Chairperson of the TIAA-CREF Institute Advisory Board, the International CFP Council, the CFP Board of Governors, the CFP Board of Examiners, and the CFP Board of Appeals^[13][14], as well as a member of the National Board of the IAFP & the Charles Schwab Institutional Advisory Board and Council. Currently Harold serves as a member of the Financial Planning Association, the Academy of Financial Services, The CFA Institute, and as an association member of the American Bar Association.

[edit] Accolades

Harold was named one of the five Movers, Shakers & Decision Makers, The Most Influential People in the Financial Planning Profession, by Financial Planning Magazine. He is also cited by Accounting Today in their Top Ten Names to Know in Financial Planning. Worth Magazine named Mr. Evensky as one of the top 100 Financial Advisers each year from 2002–2006^[15].

Investment Advisor has named both him and his wife/partner as members of The IA 25, a listing a the most influential people in finance on multiple occasions^[16][17]. The 2004 addition, appearing in May of that year, featured both of them on the cover . In January 2004, he appeared on the cover of Investment Advisor with his wife about the changes to firm, their personal life, and on the profession over the previous number of years^[18].

In 2002, Mr. Evensky’s paper titled Changing Equity Premium Implications for Wealth Management Portfolio Design, won the Journal of Financial Planning Call for Papers competition, and in 1999 Harold was award the Dow Jones Investment Advisor Portfolio Management Award for Lifetime Achievement^[19]. His firm has pioneered the investment strategy of Core & Satellite, a relatively new strategy the uses passive management over "Core" positions and a blend of passive and active management over opportunity driven Satellite positions^[20]. His firm's fee schedule was praised by Investment Advisor Magazine as an example of integrating Wealth Management & Advisory Services.^[21]

[edit] References

1. ^ Miami Today Advertisement, September 2002
2. ^ http://www.fpanet.org/member/meetings/online_education/09-14-05.cfm FPANet.Org Biography
3. ^ http://www.investmentadvisor.com/issues/2004_01/cover_story/2664-1.html Investment Advisor Bio
4. ^ http://www.investmentadvisor.com/issues/2004_01/cover_story/2664-1.html Investment Advisor Bio
5. ^ Katz, Deena: Deena Katz on Practice Management: For Financial Advisers, Planners, and Wealth Managers, Page 26
6. ^ http://www.keepmedia.com/pubs/FinancialPlanning/2003/05/01/540437?extID=10037&oliID=229 Robert Levitt Article
7. ^ Brown, Peter: "Letter to Clients" 2001
8. ^ Evensky, Harold: Wealth Management : the financial adviser’s guide to investing and managing client assets, Pg x
9. ^ http://www.investmentadvisor.com/issues/2004_01/cover_story/2658-1.html Investment Advisor January 2004
10. ^ http://www.fpanet.org/member/meetings/online_education/09-14-05.cfm FPANet.Org Biography
11. ^ http://www.investmentadvisor.com/issues/2004_01/cover_story/2658-1.html Asian Financial Planning Journal
12. ^ http://www.fpanet.org/member/meetings/online_education/09-14-05.cfm FPANet.Org Biography
13. ^ Investment Advisor Magazine, “IA 25” Issue, 2003 May
14. ^ Investment Advisor Magazine, “IA 25” Issue, 2002 May
15. ^ http://www.worth.com/Issues/October-2006.asp Douglas McWhirter Worth Magazine October 2006 Pg 62 & 64
16. ^ Investment Advisor Magazine, “IA 25” Issue, 2003 May
17. ^ Investment Advisor Magazine, “IA 25” Issue, 2002 May
18. ^ http://www.investmentadvisor.com/issues/2004_01/cover_story/2658-1.html Investment Advisor January 2004
19. ^ http://www.aifg.org/aifg/evensky.cfm American Institute of Financial Gerontology Bio for Evensky
20. ^ http://www.fpanet.org/journal/articles/2005_Issues/jfp0205-art2.cfm Jahnke, William "Modeling Retirement Income", Journal of Financial Planning, 2005 February On-line Addition
21. ^ http://www.investmentadvisor.com/firstlook/0706coverstory.html IA July 2006 Cover Story