The concept of retirement
Has dramatically changed over the past decade. Increasing life expectancy means we can no longer afford to simply save our money — we must be smart and strategic with every financial decision we make if we want to maintain a comfortable lifestyle throughout our retirement.
Without proper planning
What may initially feel like an exciting new chapter can quickly become a financial nightmare. However, that doesn’t have to be your reality. At Hamilton Financial Planning, we can help make sure you have everything you need to turn your vision into your reality.
Who We Work With
Enjoy financial advice that is tailored to your unique needs and goals.
Live out your dream retirement while remaining within your means.
Plan ahead for the future with proactive strategies to maximize your wealth.
Get to Know the Team Behind Hamilton Financial Planning
The Hamilton Financial Planning Team
Scott Hamilton, CFP®️
Scott Hamilton, CFP®️
Founder & Chief Financial Officer
What You Can Expect
At Hamilton Financial Planning, we pride ourselves on being:
We understand that money can be a sensitive topic. However, that doesn’t mean we’re going to sugarcoat things. At the end of the day, we are your trusted financial advisor; a job we take very seriously. The more direct and upfront we are with you, the better your outcome will be.
As a fee-only firm, we have no hidden fees. Never try to up-sell. And get zero commission from the products and services we recommend to you. We value being a cost-effective alternative in the marketplace because we believe everyone deserves financial planning guidance.
The Financial Planning Process.
Built on collaboration.
Here’s a brief overview of the steps you can expect when you work with us:
Phase 1: Define Facts
In the beginning of our relationship, we’ll create your net worth statement: a comprehensive listing of all your assets and liabilities. This statement will serve as the foundation of your financial plan.
Phase 2: Quantify Goals
In order to effectively advise you on important financial decisions, we need to determine the frequency, duration and amount tied to each goal. Some examples include:
- How much you spend on your car (maintenance, insurance, etc.)
- How long you drive your car (one year, five years, etc.)
- How often you replace your car
Phase 3: Build Model
A collaborative and interactive process, this phase involves a deep discovery into your wealth’s ultimate potential. As your personal and professional affairs evolve, we will revisit our recommendations and make adjustments as needed to help make sure your plan is optimized at all times.
Learn about the Modeling Process
And how VISUAL the discovery process is and simple to design your future.
Why We Use Dimensional Fund Advisors (DFA)?
We use DFA because they take a less subjective, more systematic approach to investing. By drawing information about the market’s expected returns, DFA allows markets to do what they do best — drive information into prices — thus giving DFA more opportunities to capitalize on where they have an advantage. DFA’s core strength: their academic orientation, which helps them remain focused on the objective at hand.
What Sets Dimensional Fund Advisors (DFA) Apart?
That focus on “tilting” portfolios toward market segments that offer higher potential returns.
Unparalleled risk management
Based on broad diversification, mitigating risks such as holding too few securities or betting heavily on specific industries.
As a liquidity provider to more eager traders in the marketplace and prominent influence on small-cap markets.
Meet the People of Dimensional Fund Advisors (DFA)
Fee-Only Financial Planning & Wealth Management Services
Fee Only Wealth Management
Austin | Dallas | Houston
We believe that when done correctly, wealth management consists of three unique but interrelated parts:
We’ll perform a comprehensive evaluation of your financial situation to predict future cash flow, asset value, potential diversification and withdrawal plans.
This stage is all about education — informing you of common mistakes people make when making financial decisions and the steps you can take to avoid them.
Fee Only Financial Planning
Austin | Dallas | Houston
Our comprehensive financial planning services include:
Cash Flow Planning
We’ll help map out your expenses so you know exactly how much you need to save, spend and invest every month.
From scholarships to payment plans, we’ll provide you with the peace of mind you need to look forward to their future.
Prevent future family tension and confusion with an estate plan that outlines your wishes and secures your legacy.
Eliminate doubt and fear about the future with a strategy that will help you maintain your lifestyle past employment.
We’ll review any current policies and make recommendations as needed to help make sure you’re protected from the unexpected.
Discover new tax savings, learn about the latest tax reduction strategies and always know exactly how much you need to pay.
What We Charge
As a fee-only wealth management firm, we never earn a commission. We never act as salespeople. And we’ll never hide how much our services are going to cost you.
- Wealth Management: We have NO minimum asset requirements, however, we do have a minimum quarterly fee of $500.
Our Annual Fee
|$0 – $749,999.99||.85 of 1 percent of AUM|
|$750,000 – $1,499,999.99||.65 of 1 percent of AUM|
|$1,500,000 and above||.30 of 1 percent of AUM|
News & Media
We help Baby Boomers align their values, visions, and goals to create a comprehensive financial plan and investment management. We offer free assessments and socially responsible investing options. The comprehensive financial planning includes withdrawal planning, tax optimization, and income planning.
For investment management we will manage all aspects of your investments. We use TD Ameritrade as our custodian. Your assets are safely held there — we have limited trading authority to implement our mutually agreed upon investment plan.
We will manage the account opening, account transfer, funding, initial investment and the ongoing rebalancing, as well as all distributions. For the bulk of your investments, we’ll use Dimensional Fund Advisors (DFA). We appreciate evidence based investing.
DFA is a mutual fund company based in Austin, Texas with principles based on academic research:
DFA was founded 30 years ago with the goal of providing long-term value by increasing real returns.
History of “dimension” of success in real-world investments.
DFA has identified a few select dimensions of success that bring greater value to investors: higher returns with less risk.
DFA funds are in the lowest decile of mutual fund costs. One way cost is curbed is through the elimination of “star” fund managers with their associated high salaries. DFA has a repeatable, global process rather than individual star managers.
DFA avoids fads and focuses on the long-term “dimensions” of success. This produces a smart index that is not blindly tied to an index, and DFA allows drift and timing as needed. Truly smart!
For ongoing investment management, the fees are deducted from your investment accounts on a quarterly basis.
Fiduciary responsibility and CFP® Professional
Independent Investment Advisor Representatives (IARs) have a fiduciary obligation to put their clients’ needs first all the times. In contrast, advisors employed at brokerage firms are held at a lower “suitability standard” (which is not a legal standard), under which a broker is supposed to recommend suitable investments. However, such brokerage firm advisors do not have to put their client’s needs ahead of their firm’s needs. In addition, I hold the CERTIFIED FINANCIAL PLANNER ™ designation.
We rely exclusively on a fee-only model. This means that we do not receive any commissions or fees from any source other than our clients. In contrast, many brokers are paid via commissions. They have a strong incentive to suggest products that carry high commissions or loads, which may or may not be suitable investments. To be clear – we are commission-free.
Obligation to disclose.
Unlike brokers, IARs are subject to strict disclosure rules requiring that they provide clients with a Form ADV — which lists potential conflicts of interest — as well as their compensation practices.
We do not have financial relationships with any brokerage firms or money managers. We are therefore not obligated or compensated to favor or push any firm’s proprietary investment products.
At Hamilton Financial Planning, our relationship with our clients is our most important asset. We strive to earn and maintain your trust and confidence. This involves a commitment to protect the confidentiality, integrity and security of your personal information.
Schedule a Quick Call so we can begin getting to know you: your concerns, goals, hopes and plans for the future. Then, will be the Get Acquainted Meeting where will begin to learn more about your concerns and goals. Then, if we agree to move forward, we will begin the financial modeling and investing process.
Your accounts are held in your name, at an independent custodian who reports any transactions that occur directly to you. As long as you are a client, we maintain limited trading authority in your accounts, so we can implement, rebalance and oversee your customized investment portfolio designed to achieve your personal life goals.
Anyone can call themselves a “financial planner”, but only those who have fulfilled the certification and renewal requirements of the CFP Board can display the CFP® certification marks. In addition, to the following “four E’s” CFP®. Once certified, CFP® practitioners are required to maintain technical competence and fulfill ethical obligations. Every two years, they must complete a minimum 30 hours of continuing education to stay current with developments in the financial planning profession and better serve clients. Two of these hours are spent studying or discussing the CFP Board’s Code of Ethics or Practice Standards. In addition to the biennial continuing education requirement, all CFP® practitioners voluntarily disclose any public, civil, criminal or disciplinary actions that may have been taken against them during the previous two years as part of the renewal process.
- Education: CFP® professionals must develop their theoretical and practical financial planning knowledge by completing a comprehensive course of study at a college or university offering a financial planning curriculum approved by CFP Board. Other options for satisfying the education component include submitting a transcript review or previous financial planning-related coursework to CFP Board for review and credit, or showing the attainment of certain professional designations or academic degrees.
- Examination: CFP® practitioners must pass a comprehensive two-day, 10-hour CFP® Certification Examination that tests their ability to apply financial planning knowledge in an integrated format. Based on regular research of what planners do, the exam covers the financial planning process, tax planning, employee benefits and retirement planning, estate planning, investment management and insurance.
- Experience: CFP® professionals must have three years minimum experience in the financial planning process prior to earning the right to use the CFP certification marks. As a result, CFP practitioners possess financial counseling skills in addition to financial planning knowledge.
- Ethics: As a final step to certification, CFP® practitioners agree to abide by a strict code of professional conduct, known as CFP Board’s Code of Ethics and Professional Responsibility, that sets forth their ethical responsibilities to the public, clients and employers. CFP Board also performs a background check during this process, and each individual must disclose any investigations or legal proceedings related to their professional or business conduct.
When selecting a financial planner, you need to feel confident that the person you choose to help you plan for your future is competent and ethical. The CFP® certification provides that sense of security by allowing only those who meet the following requirements the right to use the CFP® certification marks.
Track Your Finances
Fee-Only Investment Management
Austin | Dallas | Houston
Schedule Your Complimentary Get Acquainted Meeting!
Whether you’re nearing retirement or already retired, we look forward to helping you maximize every dollar so you can enjoy the fruits of your labor to the fullest extent. Complete the form below or schedule a time and date that works for you.
Williams Tower, 2800 Post Oak Blvd, Suite 4100 Houston, TX 77056