Scott Bishop

Retirement, Investing, Small Business
“With over two decades of experience in the financial industry, Scott Bishop believes that success isn’t measured only by figures and charts, but through his client's peace of mind and reaching their goals by Planning for Retirement the R.I.T.E. Way®.”

STA Wealth Management, LLC

Job Title:

Partner and Executive VP of Financial Planning


Scott Bishop is a Partner and is Exec. Vice President of Financial Planning at STA Wealth, a Houston based RIA Firm. In this role, Scott guides clients through the process of identifying and realizing their personal financial planning goals while working with them to help develop, implement and monitor strategies to help assure the long-term coordination of their overall financial, retirement, business planning.

Scott is also the host of STA's radio show, "Financial Planning Fridays" on The STA Money Hour, on 950AM KPRC Radio in Houston at 12pm Central where he frequently discusses tax and financial planning topics and hosts interviews of industry experts.

Scott graduated from the University of Texas at Austin with a Bachelor of Business Administration in Accounting and received his Master of Business Administration from the University of St. Thomas.

Currently, Scott is a CFP® and a CPA and also holds a PFS® designation. Scott has been active as a member of the American Institute of Certified Public Accountants (AICPA), the Texas Society of Certified Public Accountants (TSCPA) and its Houston CPA Society as a member of its Board of Directors. He has also been recognized for excellence by being named the Young CPA of the Year for 2002-2003 by the Houston CPA Society, one of the largest and most prominent CPA chapters in the United States.

In addition, Scott has both authored and has been interviewed for numerous articles in financial related publications and websites such as the Wall Street Journal, MarketWatch, CNBC, USA Today, Washington Post, The New York Times, Investopedia, Houston Chronicle, Investment News, Kiplinger, The AICPA Tax Section,, the Houston Business Journal and the CPA Forum. Scott is also a member of the Houston Business and Estate Planning Council.


BBA - Accounting, University of Texas at Austin
MBA - Finance, University of St. Thomas

Assets Under Management:

$760 million

CRD Number:



AUM information provide is for the firm STA Wealth Management, LLC of which Scott Bishop is a partner/shareholder. Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by STA Wealth Management, LLC (“STA”), or any non-investment related content, made reference to directly or indirectly in this newsletter will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.  Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this newsletter serves as the receipt of, or as a substitute for, personalized investment advice from STA.  To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing.  STA is neither a law firm nor a certified public accounting firm and no portion of the newsletter content should be construed as legal or accounting advice.  A copy of the STA’s current written disclosure Brochure discussing our advisory services and fees is available upon request.

IRS CIRCULAR 230 NOTICE: To the extent that this message or any attachment concerns tax matters, it is not intended to be used and cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by law.

  • STA Wealth Planning Process - Scott Bishop
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What are the differences between a Chartered Financial Analyst (CFA) and a Certified Financial Planner (CFP)?
100% of people found this answer helpful

CFA and CFP are both related to finance. With all the designations and acronyms in the financial services industry, it is not surprised that you can be confused by these similar sounding terms. I am a CFP® and it stands for Certified Financial PlannerTM, and CFA stands for Certified Financial Analyst. Well, one can see that there is a difference, as one is a planner (think financial planning) and the other is an analyst (think portfolio management and constitution).

First of all, let us see how one gets a CFP and a CFA title. Both are difficult, take continuing education to keep the designation and required time, experience and coursework.  They each have a rigorous exam that needs to be passed before they can use the designation.

A person gets a CFP title after they passes an examination conducted by the International Board of Standards and Practices For Certified Financial Planners. On the other hand, for getting a CFA title, one would have to take three examinations, which cover subjects like economics, accounting, money management, ethics and security analysis. The Association for Investment Management and Research confers the title.

The Certified Financial Planners mainly give advise to individuals (but some like me give advance to small business owners as well). On the other hand, the Certified Financial Analysts give advise to various institutions, like banks, mutual funds, pension funds, insurance companies and security firms in addition to individuals when putting together portfolio allocations for them.

Certified Financial Planners help with retirement planning, stock investing and other financial planning. On the contrary, Certified Financial Analysts focus on stocks and market analysis, helping the various companies and institutions to make the correct investment decisions.  Some that are also CPAs can give tax advice (the AICPA also offers CPAs that specialize in financial planning the option of testing to become a Personal Financial Specialist – PFS…only offered to CPAs that specialize in and have experience in financial planing).

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