Monthly Archives

December 2019

New Year, New Commitment

It's the end of 2019. Efficient Wealth Management is really proud to announce that we have reached our $100,000 commitment. That's $100,000 of giving to local and other needy causes. For 2020, we want a new commitment, a great new goal to celebrate the new name, Avion Wealth, and the new look. At Avion Wealth in 2020, we've decided our giving commitment is going to be bumped to $202,000. We'd like to celebrate the new year with a new commitment - the $202,000 commitment. We wish you a fantastic new year in 2020. Of course, we always wish you the best of investing success.
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Negative Duration and Your Bond Portfolio

What is negative duration when talking about bonds, and why can that be a good thing? In a fantastic year of rallying asset classes, there's always going to be a negative standout. In 2019, International Bonds was that negative standout. We must remember that though hindsight is 20/20, foresight is not. The challenge when dealing with the problem is that typically last year's laggard holding is next year's top performer, or close to it. You step off the tracks and you run the risk of getting mowed down by a train coming in the other direction. Before we get into the perfect storm that was 2019, let's talk about negative duration briefly. Many of you know from previous videos that duration is inversely related to interest rates. That means in English, when interest rates go up X percent, the value of the bond falls Y percent and vice versa. Interest...
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New Name and Brand for 2020

We’re really excited to share with you today a preview of the new look for our firm in 2020. This will be the last video in which we refer to ourselves as Efficient Wealth Management. You see, the company's ready for a facelift - something to match the quality and class of our world-class client experience. We’re looking forward to the future, and wish you the best of investment success!
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An Exciting Announcement for Our Clients and Friends

The holidays are here. Christmas 2019 is just around the corner and I am so excited about an announcement we'll be making at the end of the week. Hi, my name is Paul Carroll. I'm the CEO and founder of Efficient Wealth Management, a boutique wealth management firm here in South Texas. It's been a fantastic year for equities, and in fact, even bonds have fared fairly well thanks to falling interest rates. We have got major changes in store here at Efficient Wealth Management. We want to be even better for our clients in 2020, and so we're looking forward to an announcement that befits the world-class team, technology and experience we have for our clients. We wish you the best of investment success, and we'll talk to you soon.
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