The Woodlands Edition | October 2020

HOME ENHANCEMENT | FULL SERVICE REMODELING | HOUSTON , TEXAS

TILE • COUNTERTOPS • WOOD FLOORING • CARPET • CABINETRY • SINKS • LIGHTING • PLUMBING • APPLIANCES • HARDWARE

22 YEARS IN ASSISTED LIVING CARE • Safety is our first priority • Big heart in a small setting • Giving you the freedom to

enjoy your relationship while we coordinate the care for your loved one.

713-419-2609 | www.unlimitedcarecottages.com

MC SUR FAC E S , I NC . LOOKING TO ENHANCE YOURHOME?

Ride Train

512-402-3830 AustinSteamTrain.org

WITH NEARLY 30 YEARS IN THE HOME SURFACES INDUSTRY, WE HAVE EXPERIENCED ESTIMATORS, PROJECT MANAGERS AND CONTRACTORS READY TO HELP YOU TACKLE ANY JOB.

450 LOCKHAVEN DRIVE, HOUSTON, TX | 281-784-1700 WWW.MCSURFACESINC.COM • INFO@MCSURFACESINC.COM FINANCING AVAILABLE CON TAC T US F OR AN APPO I N TMEN T

Stay and play in Cedar Park, TX cedarparkfun.com

Safe, clean, socially distanced fun!

WORTHWHILE CONVERSATIONS WHERE DO WE GO FROM HERE?

THE LAST 12 MONTHS HAVE BEEN FULL OF TURMOIL IN THE ECONOMY AND MARKETS. IS TODAY UNUSUAL COMPARED TO OTHER MARKETS L&W HAS OBSERVED IN OUR NEARLY 50 YEARS? In our nearly 50-year history, we’ve seen a lot of markets that created financial uncertainty, which makes planning difficult. The “flavor” of each dish offered up by the markets is always distinct, but the basic ingredients are the same. The key to a successful outcome in personal financial health is not unlike following a healthy diet – get sound ongoing advice from someone who has your best interest at heart. WHAT DO YOU MEAN, “…YOUR BEST INTEREST AT HEART”? Linscomb & Williams had a new client who was unexpectedly early-retired from a downsizing. We explained it this way: ask someone, “What should I eat?” You likely won’t get the same recommendation from your neighborhood butcher as from a Registered Dietician. Your butcher might recommend the pork spareribs that just arrived, knowing you’ll find that recommendation appealing. The dietician, on the other hand, insists on a balanced program that will achieve your ultimate health goal, though it includes items you might not like.

SO, HELP US WITH THE CONNECTION TO FINANCIAL ADVICE DURING MARKET TURMOIL? Much of what passes for financial “advice” today is equivalent to the butcher selling you the pork spareribs. The pork spareribs are what he has on hand to sell; he thinks they will work OK for you and that you’ll be happy. He’s not that concerned that it is the best option for your long-term health. Most financial advisors still operate outside a 100% pure fiduciary standard, and thus not always under a legal obligation to put your best interest above their own. PRESUMABLY, L&W FOLLOWS A DIFFERENT APPROACH? At Linscomb & Williams, we are like that Registered Dietician. Following the fiduciary standard, we are obligated to put your interest ahead of our own. This is always important, but most especially, in times of market turmoil -- times when it makes sense to get a second opinion from an experienced firm with no products to sell. We have an experienced, credentialled team ready to deliver that second opinion right here, right now. For more information, or a copy of our Form ADV, Part II, with all of our disclosures, call Grant Williams at 281 841 0707, or visit www.linscomb-williams.com.

J. Harold Williams and Lantz Bowman discuss the Fiduciary Standard and placing the client’s best interest first. (Left to right: J. Harold Williams, CPA/PFS, CFP ® ; Lantz Bowman, CFP ® )

1925 Hughes Landing Blvd., Ste. 200 The Woodlands, Texas 77380 281.841.0707 www.linscomb-williams.com Linscomb & Williams is not an accounting firm.

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