Monthly Archives: May 2017

Thoughts from Willis | Thank You for Making it Possible

Published: May 18, 2017

We want to take a moment today to share an exciting and proud moment honoring Willis Johnson & Associates. The Houston Business Journal recognized Willis Johnson & Associates in their prestigious list of 2017’s Top Wealth Management Firms in the Houston area. There are only 25 firms in the entire Houston area that have made this list and our firm is honored to be listed as #11 this year. We are proud to have moved up since last year’s ranking, which listed us as #13. Click here to view the list.

 

Above all, the firm’s goal is to be #1 for our clients. We have been serving corporate executives not only in the Houston area but also across the globe for more than 21 years. We would like to take the time today to thank our clients for allowing us to enter your lives. Thank you for taking us on this journey with you and letting us help you throughout the different stages of your life. We truly appreciate the trust that you put into the firm and we are continuously striving to help make your dreams a reality. We also want to acknowledge our team at Willis Johnson & Associates for their outstanding work and dedication.

 

Willis Johnson, CFP®
President and CEO
The list was gathered by responses from surveys completed by firm/practice representatives, SEC filings, and HBJ research. Firms are ranked by assets per local client. Third-party rankings are not a guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation.

What Nick’s Reading | State Income Tax May Impact Where You Buy Your Retirement Home

Depending Upon Where You Decided to Purchase Your Retirement Home, You May be Paying State Income Taxes

 

As you are deciding where to live in retirement, one of the things to be aware of is the state income tax of where you are considering purchasing your retirement home. Will you move to that state full time? Maintain a residence in Texas? At what point do you become residents of another state?

 

Understanding the impact of state income taxes on retirement plans, pension, and investments is an important piece of planning for that retirement home. There are choices you have, before and after you move, to be tax-sensitive. Let us help.

 

State Income Tax

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Willis Johnson & Associates is a registered investment advisor. This material is intended for informational purposes only and should only be relied upon when coordinated with individual professional advice. Please speak to an investment professional before implementing any advice here. Willis Johnson & Associates does not provide tax or legal advice.

 


nickNick Johnson, CFA®, CFP®

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Nick Johnson believes that financial planning is more than numbers on a balance sheet and a standardized process. People are unique and should be treated as such.

 

As Vice President and a Wealth Manager at Willis Johnson & Associates, his goal is to really get to know his clients, all the while providing a proactive approach to comprehensive wealth management. 


 

Market Update | The Markets (as of market close April 28, 2017)

Market Update 2016Equities continued their positive trend in April, spurred by favorable corporate earnings reports, proposed federal tax cuts, and positive economic signals overseas. The Nasdaq surpassed 6000 for the first time in its history, while the small-cap Russell 2000 reached a record high by the end of April. Each of the benchmark indexes listed here posted monthly gains, led by Nasdaq, which increased 2.30%, followed by the Global Dow, which gained almost 1.50% month-over-month. The large-cap Dow and S&P 500, while gaining in value, may have lagged a bit following less than favorable GDP and jobs growth. The yield on 10-year Treasuries fell 10 basis points as bond prices increased.

 

By the close of trading on April 28, the price of crude oil (WTI) was $49.19 per barrel, down from the March 31 price of $50.85 per barrel. The national average retail regular gasoline price was $2.449 per gallon on April 24, 2017, up from the March 27 selling price of $2.315 and $0.287 more than a year ago. The price of gold climbed at the end of April, closing at $1,269.50 on the last trading day of the month, up from its March 31 price of $1,250…Click for the full update.

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