Centric Wealth

Ready to stress less about finances, and enjoy more of what makes life beautiful? At Centric, we’re more than just a wealth management firm. We’re your partner in building a life of purpose and fulfillment. Based in Cypress, Texas, we help business owners and high-income professionals take control of their financial futures, freeing them to focus on what matters most-- --living their best lives. Whether it's crafting personalized retirement plans or developing strategies for long-term business success, we handle the complexities, so you can enjoy more of life’s important moments. Working with a local partner means having a dedicated team that sits on your side of the table, understands your community, get to know you and your goals, and is always right here when you need us. Are you a CPA looking to expand your impact? We’re actively seeking qualified CPA partners to collaborate with us in delivering comprehensive financial strategies to business owner clients. By partnering with Centric, you’ll have the opportunity to offer your clients a broader range of wealth management services, while working with a team dedicated to helping them live their best financial lives. Let’s work together to bring financial clarity and security to those we serve. Shoot us a message to explore partnership opportunities! #wealthmanagement #finance #localbusiness

Inflation continues to be a key concern for savers and investors alike... Even a moderate inflation rate can erode purchasing power over time, making it essential to adjust your financial strategies accordingly. For instance, if inflation runs at 3% annually, the purchasing power of $1,000 today will be only $500 in 20 years. This reality highlights the importance of not just saving but investing wisely to outpace inflation and ensure that your money retains its value. Starting early remains one of the most powerful strategies for long-term financial growth. By saving and investing early, you give your funds more time to grow and combat inflation. Whether it’s through retirement accounts, diversified portfolios, or other investment vehicles, the earlier you start, the better positioned you’ll be to navigate the future. Have you adjusted your financial approach to account for inflation?

The Power of Starting Early: Why Saving in Your Early Years Pays Off Consider this: If you save $200 per month starting at age 25, with an average annual return of 7%, you could accumulate over $500,000 by age 65. Now imagine waiting until age 35 to start saving. With the same $200 per month, your total would be just $250,000—half the amount—despite only a 10-year delay. This illustrates the remarkable impact of compound interest. The earlier you begin saving, the more time your money has to grow and work for you. Of course, prioritizing savings in your early years can be challenging amid competing financial obligations. What strategies, approaches, or advice have helped you maintain a disciplined budget and reach a financial goal? We’d love to hear your thoughts below!

Happy New Year from all of us at Centric Wealth! As we welcome 2025, now is the perfect time to reflect on your financial goals and set the stage for a successful year ahead. Whether you're looking to grow your investment portfolio, save for a major life event, or build more financial security, having a clear plan is key. Here are a few financial goals to consider for the year ahead: 1. Review your spending and adjust your budget: Tracking where your money goes helps identify areas of overspending, subscriptions or services no longer aligning with your priorities, and provides the insight needed to adjust your budget accordingly. 2. Maximize tax-advantaged accounts: Maximizing tax-advantaged accounts like 401(k)s, IRAs, and HSAs allows you to reduce taxable income, grow savings tax-deferred or tax-free, and secure long-term financial stability while minimizing current tax liability. 3. Invest for the long term: Investing for the long term involves focusing on steady growth and diversification across asset classes to reduce risk, generate sustainable returns, and capitalize on compound interest while navigating market fluctuations. 4. Prepare for unexpected events: Preparing for the unexpected means building an emergency fund to handle life's curveballs and ensuring you have the right insurance coverage to protect yourself from the financial chaos that can come from accidents, illness, or unexpected events. We’re here to help you navigate the path to financial success in 2025, no matter what that looks like for you, and wish you a prosperous year ahead!

Zac Majors, CFP®, RICP®, CLU®, CLF® giving his two cents on how he recommends young people to think about managing their money to build a future of financial freedom. #financialempowerment #longevity #wealthmanagement

“Will I Outlive My Savings?” This question keeps many Americans awake at night—and for a good reason. Financial uncertainty is overwhelming, especially as one nears retirement—but that’s where strategic financial planning can make a world of a difference for our clients. Eliminating their questions, and providing them with more confidence. Here’s how we address these concerns with our clients head-on: 🔷 Tailored Strategies: Their financial journey is one of a kind, so we craft personalized retirement plans that are designed to account for longevity, inflation, and the unexpected, so they can focus on what matters and not have to worry about running out of money. 🔷 Dynamic Adjustments: When life changes so should the financial plan. We regularly review goals and investments to ensure our strategies evolve with our clients. 🔷 Reliable Income Streams: Beyond pensions, we explore diverse, stable income options, from annuities to dividend-paying investments, ensuring their nest egg keeps working for them. 🔷 Education & Transparency: Knowledge is power. We walk them through every decision to help them understand how their hard earned money is working toward their goals, so they always feel in control. Wealth should not just support basic needs but it should be there to help carry out our clients dreams! Connect with us for personalized financial solutions—whether for personal or business needs. Simply comment below or reach out directly to learn more!

10 Questions you should ALWAYS ask a financial advisor when deciding who to trust with managing your money: Do you specialize in a particular area, such as retirement planning, tax strategies, or investments? What types of clients do you typically work with? What services do you provide beyond investment advice? How will you help me plan for major life events or unexpected situations? How are you compensated—flat fee, hourly rate, or commission-based? Are there any additional costs I should be aware of? Do you have a fiduciary duty to put my interests first? What is your approach to investment management and risk? How often will we meet to review my financial plan and progress? And how frequently? What’s your process for adjusting plans if my financial situation or goals change? How do you ensure that my financial plan evolves with my life stages? Finding the right wealth management firm to help you meet your financial goals can be one of the most important financial decisions you ever make, so it's worth putting the time and energy up front to properly vet them. Want to meet with one of our advisors to see how they respond to questions like these? Book a discovery session on our website!

Running a business is no small feat—and let’s be real, some decisions can feel like a never-ending maze. That’s why at Centric, we bring top financial minds together to help business owners like you tackle the complexities, so you can focus on what you do best: growing your business. Here’s what we specialize in: 🔹 Designing employee benefits and retirement plans that actually work 🔹 Getting your business valuation spot-on (because reliable numbers matter) 🔹 Planning smooth ownership transitions to keep your legacy secure We simplify the tough stuff so you can focus on the big picture.

Clients expect more, but budgets keep shrinking—sound familiar? This is the reality many tax professionals face today: high expectations, low willingness to pay. That’s where Centric’s CPA Alliance Program changes the game. With Centric, you can: ✅ Provide clients with holistic financial services. ✅ Focus on what you do best—tax strategies. ✅ Monetize referrals without taking on extra work. It’s a win-win for you and your clients. Shoot us a message if you'd like to learn more. #CPAAlliance #TaxProfessionals #FinancialServices #ReferralPartnership #CentricAdvisors

Can AI replace the human touch in wealth management? Not quite—but it’s transforming the industry in extraordinary ways. Artificial Intelligence (AI) is revolutionizing the wealth management industry. By automating repetitive tasks and providing deep, data-driven insights, AI empowers financial advisors to focus more on what truly matters: delivering strategic value to their clients. This shift allows advisors to spend less time on administrative tasks and more on personalized, high-level financial planning and decision-making. While AI plays a critical role in enhancing operational efficiency and data analysis, it is not a replacement for the emotional intelligence and personal connection that a human advisor provides. The ability to empathize, understand complex client goals, and respond to emotional nuances in financial decisions remains a distinctly human trait. These connections form the foundation of trust, which is essential for long-term success in wealth management. AI will undoubtedly continue to evolve and provide substantial benefits in areas like predicting market trends, automating client reporting, and identifying investment opportunities. But for businesses seeking to partner with a wealth management firm, the best approach is to embrace AI's powerful capabilities in conjunction with the experience, expertise, and personal touch of seasoned advisors. This combination enables firms to not only make smarter, data-backed decisions but also maintain the trust and personal relationships that drive meaningful, sustainable growth. In an increasingly competitive market, this balance of technology and human expertise is key to staying ahead and delivering exceptional value to clients. #WealthManagement #ArtificialIntelligence #CentricWealth #FutureOfFinance #BusinessGrowth #AIInFinance #FinancialAdvisory #TechInnovation