South Texas Wealth: Company Profile

Background

Overview

South Texas Wealth is a premier financial planning firm based in San Antonio, Texas, founded by Jeremy Sakulenzki. The firm specializes in protecting the retirement savings of individuals, particularly Baby Boomers, and offers a range of services including financial and retirement planning, employer-sponsored retirement plans, IRAs, life and disability insurance, and college savings plans.

Mission and Vision

The firm's mission is to provide financial management focused on creating and protecting clients' wealth, ensuring they are never poor. Their vision emphasizes integrity, honesty, commitment, and confidentiality in all client interactions.

Industry Significance

As an independent firm, South Texas Wealth has the flexibility to offer solutions tailored to each client's needs, distinguishing itself in the competitive financial planning industry.

Key Strategic Focus

Core Objectives

South Texas Wealth aims to protect clients' wealth by offering personalized financial planning services, with a particular emphasis on safeguarding retirement savings.

Areas of Specialization

Financial and Retirement Planning: Developing strategies to secure clients' financial futures.

Employer-Sponsored Retirement Plans: Designing and managing 401(k)s, 403(b)s, 457s, profit-sharing, and cash balance plans.

IRAs and Non-Qualified Accounts: Providing guidance on individual retirement accounts and other investment vehicles.

Life and Disability Insurance: Offering protection against unforeseen events.

College Savings Plans (529s): Assisting in planning for educational expenses.

Key Technologies Utilized

The firm employs a disciplined, research-driven investment process, integrating fundamental and technical analysis to develop personalized investment strategies.

Primary Markets Targeted

South Texas Wealth primarily serves individuals, particularly Baby Boomers, seeking to protect their retirement savings. They also cater to businesses requiring employer-sponsored retirement plans.

Financials and Funding

Funding History

Specific details regarding South Texas Wealth's funding history are not publicly disclosed.

Recent Developments

In August 2019, South Texas Money Management, Ltd. (STMM), a leading wealth management firm in Texas, announced plans to join CAPTRUST Financial Advisors. This strategic move aimed to enhance the firm's resources and client service capabilities.

Pipeline Development

As a financial planning firm, South Texas Wealth does not have a product pipeline in the traditional sense. Instead, they focus on developing personalized financial strategies for clients, with ongoing reviews and adjustments to meet evolving financial goals.

Technological Platform and Innovation

Proprietary Technologies

South Texas Wealth utilizes a repeatable, research-driven investment process, combining fundamental and technical analysis to develop personalized investment strategies.

Significant Scientific Methods

The firm employs a disciplined, research-driven investment process, integrating fundamental and technical analysis to develop personalized investment strategies.

Leadership Team

Jeremy Sakulenzki – Founder & CEO

Jeremy Sakulenzki founded South Texas Wealth with a passion for helping others protect their assets. He holds a business degree from Texas A&M University and has experience in financial planning, having previously worked with New York Life. Jeremy is also an avid writer, sharing his knowledge through blogs and books, including "7 Financial Planning Mistakes Baby Boomers Need To Avoid."

Competitor Profile

Market Insights and Dynamics

The financial planning industry in Texas is competitive, with numerous firms offering a range of services. South Texas Wealth differentiates itself through its independent status, allowing for personalized solutions tailored to each client's needs.

Competitor Analysis

Key competitors in the Texas financial planning market include:

South Texas Money Management, Ltd. (STMM): Founded in 2000, STMM is a leading wealth management firm in Texas, managing over $3.7 billion in client assets as of 2019.

1900 Wealth Management: A San Antonio-based investment advisor that expanded to Austin in 2023, offering personalized attention and knowledgeable advice.

Broadway Bank: A community bank founded in 1941, offering personal, private, business, and mortgage banking, as well as wealth management services.

Strategic Collaborations and Partnerships

In August 2019, South Texas Money Management, Ltd. (STMM) announced plans to join CAPTRUST Financial Advisors, aiming to enhance resources and client service capabilities.

Operational Insights

South Texas Wealth's independent status allows it to offer personalized solutions without the constraints often associated with larger, more bureaucratic organizations. This flexibility enables the firm to adapt quickly to client needs and market changes.

Strategic Opportunities and Future Directions

South Texas Wealth is well-positioned to expand its client base by leveraging its independent status to offer tailored financial solutions. The firm's focus on protecting clients' wealth aligns with the growing demand for personalized financial planning services.