We have some exciting news to share. Stone Wealth Management is joining forces with Avidian Wealth Solutions, a highly respected, independent Texas-based wealth management firm founded in 2003.
Just like Stone Wealth Management, Avidian follows the Fiduciary Standard of Care and focuses on a holistic approach to providing client planning solutions.
Avidian’s professional team includes experienced Certified Financial Planners®, Certified Public Accountants, MBAs, Attorneys, and Chartered Financial Analysts. This new venture will allow us to provide you with even more sophisticated and customized tax and financial planning solutions, additional investment management options, business planning, estate planning, and risk management solutions.
“AT AVIDIAN, WE DO MORE THAN MANAGE YOUR MONEY, WE PROVIDE COMPREHENSIVE WEALTH PLANNING SOLUTIONS.”
20years of success. Founded in 2003.
$4Billion Client Assets under management
The Avidian business model is designed to simplify the complexities that come with wealth.
Client & Avidian Team
The Avidian Way
As a high-net-worth individual, we understand that your financial needs are unique. As such, we offer tailored solutions designed to meet your individual objectives, mitigate risks, provide ongoing review and asset management, and track progress toward your goals.
How we help:
Cross-team coordination with your existing attorneys, accountants, and advisors
A fiduciary commitment to acting solely in your best financial interest
With the right tax strategies, high-earning individuals and business owners can significantly reduce their taxable income. Our team can help you make strategic investments, take advantage of applicable deductions and credits, and apply strategies to minimize your overall tax liability.
While risks are unavoidable, we can help you understand the risks associated with each area of your financial plan and establish risk management strategies to mitigate them. We use state-of-the-art technology and a time-tested approach to stay abreast of market conditions and trends and take an active role in managing your financial risks.
High-net-worth estate planning is a critical component of financial security for individuals with significant assets. We help you take advantage of strategies such as trusts, asset protection, and charitable giving while staying on top of tax law changes to protect your hard-earned assets when transitioning them from one generation to the next.
How we help:
Reviewing and updating wills, trusts, and other documents
Confirming and coordinating beneficiaries
Direct collaboration with your legal and accounting teams
The goal of any investment portfolio is to generate a return that exceeds the risks taken. Our multi-disciplinary team of financial professionals has a deep understanding of investments, markets, and risk management strategies that help protect and grow client wealth over time, working to achieve positive outcomes while managing risk exposure appropriately.
How we help:
Thorough vetting and assembly of diverse investment opportunities
Meticulous monitoring, reallocation, and trading to maximize gains and minimize risk
Avidian Wealth Solutions is defined by three primary qualities:
Risk Management is an important component of our financial planning and asset management process. We strive to assist our clients in prudently addressing longevity, purchasing power, volatility, and principal risks.
Our financial planning and investment management processes are structured to ensure that all factors facing investors are fully vetted and considered when selecting appropriate strategies.
Creating unique solutions around every unique client, we focus on your best interest at all times.
New Client FAQs
Why now? And why Avidian?
While we have been blessed over the years with a loyal clientele and steady growth, we have also observed that our clients’ needs have grown and evolved as well. Joining forces with a firm to enhance our client experience and a provide a deeper bench of expertise was our next step. After researching a number of local, regional and national firms, we determined that Avidian would be our ideal for our customers.
Avidian’s professional team includes many experienced CFPs®, CPAs, MBAs, Estate Planning Attorneys, and Chartered Financial Analysts. This will allow us to provide our clients even more sophisticated and customized tax and financial planning solutions, additional investment management options, new lending choices, business planning, estate planning and risk management solutions.
Will your investment strategy change?
That’s up to you! The continued market volatility over the last several years has shown that providing investment options beyond publicly traded securities (ETFs, stock, bonds, mutual funds) should greatly benefit our clients.
Through Avidian’s expertise in this area, we will now be able to offer qualified clients the opportunity to participate in direct real estate investments, private equity, private credit, venture capital opportunities and other investment options to enhance our diversified portfolios of publicly traded securities.
You can also remain invested solely in marketable securities if that is your preference.
Will your management fees change?
No. Even though we are greatly increasing the level of professional expertise, investment options and resources available to our clients, your fee rates will not change.
Will we be staying with TD Ameritrade (TDA)?
As you may be aware, Schwab Advisor Services bought TD Ameritrade last year. This will require all TDA accounts to transfer over to Schwab, or to another custodian such as Fidelity, sometime in 2023.
There are currently about 6,500 Advisor firms, such as ours, managing about $1.85 Trillion in assets with TD Ameritrade. We have become increasingly concerned about Schwab’s ability to efficiently handle this unprecedented and massive account transfer process, as well as provide acceptable client service to these accounts after transfer. We have also observed a significant decrease in TDA’s customer service since the merger announcement.
Therefore, we feel transitioning our client accounts to Fidelity as we proceed with the Avidian merger is the best course of action. Attached is some information about the benefits of working with Fidelity.
How does this switch to Avidian and Fidelity work?
It’s actually quite simple. We will send to you a Docusign form to establish the Avidian relationship in early January. We will also provide to you prefilled Docusign applications to open your Fidelity accounts and initiate account transfers. The whole process should take about 10 minutes on your end. That’s it… We will take care of the rest!
When exactly will this transition occur?
Our goal is to complete the transition to Avidian and Fidelity by the end of March, 2023. So, we have plenty of time to walk you through these new resources and investment options that will benefit you.
We will generate our usual client reports for the 4 th quarter of 2022 in early January. Account reports for 2023 forward will be generated through Avidian. In fact, Avidian uses the same portfolio management software and financial planning software that we that we use. So many of your reports will look quite familiar.
Come meet some of the Avidian Team!
We are planning a presentation next month so that you can meet and hear directly from members of the investment, planning and executive leadership teams of Avidian. Details to follow soon….
Get to Know Avidian
At Avidian, we emphasize trust and transparency at each step in our client relationships. That’s why we make it a priority to share our people and their insights with our clients on a regular basis.
Meet the team
Avidian is much more than a group of financial advisors. Meet the multidisciplinary team who provide unparalleled, family office-style support to our clients.