Shank Wealth Management is a team of professionally trained Financial Consultants and Administrative Professionals; focusing on retirement planning, business investment plans, individual wealth accumulation, and preservation strategies. We understand the concerns people have when it comes to managing their finances; safety of their assets, growth of their portfolio, and personal service.  Founded in 2006, this family based business has more than 100 years of combined experience.

We are an independently owned and operated branch office aligned with LPL Financial.  Which means we can offer diversified financial advice verses other firms that are required to market  specific financial products. We have the freedom to tailor financial choices to the individual situations and desires of our clients.

In today’s increasingly complex financial markets with longer life expectancy, fluctuating medical policies, wavering pensions and social security promises, working with an investment professional is more important than ever. Finding a valued, qualified advisor that can help you define your big picture financial goals and establish the right financial strategies to pursue them is one of the most important decisions you can make.

No matter where you are in life, Shank Wealth Management realizes their clients have dreams and aspirations, whether you are just getting started, nearing retirement or retired. It is our desire to provide well-regarded financial advice available in the ever changing world markets.

A personal financial advisor is someone you cultivate a relationship of confidence with. He or she is an educated, experienced, and licensed professional who provides financial advice and services according to your specific needs. Their expertise and experience can save you costly errors, mitigate risk, as well as offer a suite of services and products aligned with your current and future goals.

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader in the markets we serve,* supporting nearly 22,000 financial advisors, and approximately 800 institution-based investment programs and 500 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

*Top RIA custodian (Cerulli Associates, 2020 U.S. RIA Marketplace Report); No. 1 Independent Broker-Dealer in the U.S (Based on total revenues, Financial Planning magazine 1996-2023); No. 1 provider of third-party brokerage services to banks and credit unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report); Fortune 500 Company as of June 2021. LPL and its affiliated companies provide financial services only from the United States.

Symphony Financial is an LPL Financial independent RIA and Hybrid RIA broker-dealer, and an Office of Supervisory Jurisdiction (OSJ). As an OSJ they hold supervisory responsibilities for advisors and branch offices with in a designated region. As OSJ Branch Managers, Symphony Financial holds a fiduciary responsibility to monitor all accounts and account activity, to assure all advisors and administrative staff are in compliance with all federal, state, and FINRA rules and regulations, as well as all LPL Financial policies and procedures. Shank Wealth Management has partnered with Symphony Financial to utilize their services as a Hybrid RIA and an OSJ Branch Manager.

A Registered Investment Advisor (RIA) is a person or firm who advises individual or institutional investors on investments and manages their portfolios. They are registered with the Securities and Exchange Commission (SEC), who regulates RIA’s activities and education. RIA’s have a fiduciary duty to their clients; which mean they have a fundamental obligation governed by SEC regulatory rules to provide investment advice that only acts in their clients’ best interest. RIA’s have the flexibility to work with a wider range of investment options, products, annuities and alternative investments. They are not required to sell proprietary products. They will hold a Series 7 license and Series 65 or 66 license.

Hybrid RIA operate in the same manner and are held to the same regulatory rules and responsibilities as an RIA. The difference is Hybrid RIA have the flexibility to divide business between fee-based (Advisory) or commission-based (Brokerage) accounts and products.

Shank Wealth Management believes in ‘giving back’ to the community. We have a personal commitment, involvement, and dedication to the community that gives us so much and we feel an obligation and responsibility to actively give back to those from whom we receive so much. We support the Lake Houston Area Chamber of Commerce, the East Montgomery Chamber of Commerce, the Kingwood Medical Center, the Houston Livestock Show and Rodeo, Be An Angel Fund, the American Heart Association, Humble School district, Huffman School District, Future Farmers of America, Will’s Kids, New Caney ISD, and numerous other organizations benefiting our community.