Mark Meredith, CFP®️

Father of 4. Owner of Meredith Wealth Planning, a flat fee financial planning firm that manages over $550 million for 200+ clients.

[Mark Meredith, CFP®️ @MarkTMeredith]

@egr_investor Idk but the guy in back right center is super handsome.

[Mark Meredith, CFP®️ @MarkTMeredith]

@TheDrewFeldman Dang!!

[Mark Meredith, CFP®️ @MarkTMeredith]

Helped Avantis close the market today.

[Mark Meredith, CFP®️ @MarkTMeredith]

@safimona3 They both include profitability, defined differently, and with a different implementation. There are merits to each, but I have a preference.

[Mark Meredith, CFP®️ @MarkTMeredith]

1/Why do some "expensive" stocks land a spot in Avantis' value focused portfolios like $AVLV?

[Mark Meredith, CFP®️ @MarkTMeredith]

6/Many of the Avantis ETFs give equal consideration to value and profitability, rather than one before the other. The difference between their funds usually comes from which market segment their selection criteria is applied to.

[Mark Meredith, CFP®️ @MarkTMeredith]

5/Look at both together and the distortions are largely canceled out. The company may look expensive on one measure but highly profitable on the other.

That's why many factor-based strategies use profitability and value instead of relying on either one by itself.

[Mark Meredith, CFP®️ @MarkTMeredith]

So many old friendships are rekindled on days like this:

"Hey man I know we haven't talked since Douglas Hall at EIU but you work in finance right? Can you tell me what is happening to TQQQ?"

[Mark Meredith, CFP®️ @MarkTMeredith]

@AdvisorJobs Shocking not to see Maryville, IL.

[Mark Meredith, CFP®️ @MarkTMeredith]

The AI tool, Iris, built inside @RightCapitalHQ is really good and keeps improving.

[Mark Meredith, CFP®️ @MarkTMeredith]

@WallStHoops Got ya, that is certainly unique. You think that drives the yield down? Could be. The bank I worked at only charged 3 months of interest for an early redemption.

[Mark Meredith, CFP®️ @MarkTMeredith]

It always amuses me when local banks heavily advertise “CD specials” that are substantially below equivalent US Treasury rates, even before accounting for state income tax savings.

[Mark Meredith, CFP®️ @MarkTMeredith]

@WallStHoops The FDIC is backed by the full faith and credit of the US Government.

[Mark Meredith, CFP®️ @MarkTMeredith]

@dmschaefs @_rbzzzz_ @AdvisorJobs Nope

[Mark Meredith, CFP®️ @MarkTMeredith]

If we don’t think we can serve them profitably (accounting for time involved) we will recommend another firm. Also, in recent years I have added some flexibility to the annual fee, so in overly complex situations we can charge more. Right now that applies to less than 2% of our households though.

[Mark Meredith, CFP®️ @MarkTMeredith]

Not many of our clients historically have come from wirehouses. Flat fee attracts a totally different client from when I was an AUM fee advisor, one that usually was DIY but would prefer an advisor at a certain price point.

I think flat fee expands the addressable market (VERY slightly), rather than takes market share from anyone.