Live music in and around The Woodlands LIVE MUSIC CALENDAR
DOSEYDOE BIGBARN 25911 I-45 N., THEWOODLANDS 281-367-3774 www.doseydoe.com February 16 Beat Root Revival, 8:30 p.m. 17 Howie Day, 7:30 p.m. 18 Hayes Carll, 7:30 p.m. 20 Kimberly Dunn, 8 p.m. 21 Wynonna & the Big Noise, 8:30 p.m. 22 Guy Forsyth, Tom Faulkner, Brian Pounds, 8:30 p.m. 23 Atlanta Rhythm Section, 8:30 p.m. 28 Jamie Richards Band, 8:30 p.m. March 1 Bad Sneakers, 8:30 p.m. 2 Poco, 8:30 p.m. 6 Caleb & the Homegrown Tomatoes, 8 p.m. 7 Sister Hazel, 8:30 p.m. 8 Rich Little, 8:30 p.m. 9 Josh Weathers Band, 8:30 p.m. 14 BJ Thomas, 8:30 p.m. 15 JimCurry , 8:30 p.m.
THE REFUGE BAR &BISTRO
24WATERWAY AVE., STE. 110, THEWOODLANDS
www.refugeinthewoodlands.com/ the-refuge-bar-and-bistro 713-389-5674 February 15 Jimmie Hunter, 8 p.m. 16 Louis Lamb, 8 p.m. 22 J-Walkers, 8 p.m. 23 Yelba, 8 p.m. March 1 Jimmie Hunter, 8 p.m. 2 Louis Lamb, 8 p.m. 8 J-Walkers, 8 p.m. 9 Unique Soul Band, 8 p.m.
COURTESY JIMCURRY
KYLE PARK
MAINSTREET CROSSING 111W. MAIN ST., TOMBALL 281-290-0431 www.mainstreetcrossing.com February 13 The Heartachers with Neil Younger, 8 p.m. 14 Valentine Dinner Show with Shake 15 Gene Watson, 8 p.m. 16 Ian Moore, 8 p.m. 18 Travis Meadows, 8 p.m. 20 Jason Boland, 8 p.m. 21 Trudy Lynn and Steve Krase, 8 p.m. 22 Michael Grimm, 8 p.m. 23 Eddy Raven and Frank Myers, 8 p.m. 26 Dalton Domino, 8 p.m. Russell and Michael Hearne, 6:30 p.m.
27 Prophets and Outlaws, 8 p.m. 28 Dean Martin & Frank Sinatra Tribute with Vince King, 8 p.m. March 1 Trout Fishing in America, 8 p.m. 2 Already Gone–Eagles Tribute Band, 8 p.m. 6 Kyle Park , 8 p.m. COURTESYKYLEPARK
7 Del Castillo Trio, 8 p.m. 8 Bonnie Bishop, 8 p.m. 9 Pigs on the Wall
(Pink Floyd Tribute), 8 p.m.
JIMCURRY
See a full list of events at communityimpact.com/events.
WORTHWHILE CONVERSATIONS APPEARANCES CAN BE DECEIVING…
UNDER THE FIDUCIARY STANDARD , DOES PAYING A FEE FOR FINANCIAL ADVICE ASSURE AN ADVISOR IS ACTING IN YOUR BEST INTEREST? People assume that to be the case, but not necessarily. Just because a financial advisor is associated with a Registered Investment Advisor (RIA) does not mean all advice will be in your best interest. Many financial advisors working under an RIA firm also affiliate with a broker-dealer and routinely “switch hats” from advisor to broker when working with clients. This switch may be unapparent, but it means the legal standard for advice has been lowered. OFFERING RECOMMENDATIONS UNDER A LOWER STANDARD – IS THAT LEGAL? Yes, it is completely legal, if disclosed as a conflict of interest. But disclosures are oftentimes buried in the fine print of agreements, and some advisors fail to make the written disclosures clients have a right to expect. Last December, the SEC censured two Registered Investment Advisors for investing client money in mutual funds that paid brokers 12b-1 fees to the President and Chief Investment Officer of the RIA firm. This arrangement was clearly a conflict of interest, but it went undisclosed to clients. Fines and disgorgement penalties totaled almost $2 million.
ARE THESE VIOLATIONS RARE? Not as rare as one might hope, and regulators cannot intercept all of these. FINRA, the regulator for brokers, levied a similar dollar amount of fines in the second half of 2018 for sales practice violations, with some big-name firms included. HOW CAN CLIENTS PROTECT THEMSELVES? The best defense is to ask your advisor to answer one question, in writing: “Will 100% of the recommendations you make to me in our business interaction be subject to the fiduciary standard and therefore made in my best interest?” Imagine how a “Yes” response can eliminate a myriad of concerns in the client-advisor relationship. This is the model we follow at Linscomb & Williams. Now in our 48th year of business, our experienced team is ready to meet and restore your confidence in a truly client-centered wealth management relationship, right now, at our offices in The Woodlands.
J. Harold Williams, CPA/PFS, CFP ® , and Craig Ivy, AIF ® , discuss the importance of using advisors who advise clients exclusively under the fiduciary standard. (Left to right: B. Craig Ivy ; J. Harold Williams)
Linscomb & Williams is not an accounting firm.
For more information, or a copy of our Form ADV, Part II, with all of our disclosures, call Craig Ivy or Larry Napier at 281 841 0707, or visit www.linscomb-williams.com.
1925 Hughes Landing Blvd., Ste. 200 The Woodlands, Texas 77380 281 841 0707 www.linscomb-williams.com
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Community Impact Newspaper • communityimpact.com
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