Taylor Kovar

Personal Finance, Investing, Small Business
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“Taylor Kovar is a highly sought after financial manager, author, and speaker who focuses on providing unique solutions to complicated financial situations for foundations, institutions, and families.”
Firm:

Kovar Capital

Job Title:

CEO

Biography:

Taylor is the CEO and founder of Kovar Capital Management LLC. After starting his finance career with a major Wall Street firm, Taylor decided to branch off and start Kovar Capital in order to provide his clients with a more personal wealth management experience. He has been quoted and published in a variety of different media on topics ranging from healthcare to youth ministry to technology to, of course, personal financial management. Before founding Kovar Capital, he was a key member of the team that helped launch and implement one of the fastest growing healthcare technologies in the United States, HealthTrust Software.

Kovar Capital is a luxury boutique wealth management firm nestled in the heart of beautiful downtown Lufkin. As fee-based, fiduciary professionals, Taylor and his team most often serve in the role of financial life managers for successful business owners, healthcare specialists, c-suite executives, and other public figures such as politicians and professional athletes. In this capacity, Taylor's team monitors, manages, and implements strategic plans for their client’s vast array of assets, regardless of their type or location. With a strong focus on providing truly holistic advice, taylor is committed to serving families and businesses with an exclusive wealth management experience.

His passion in life is to be the example of what a Godly husband, father, and businessman represents. He lives his life and treats others the way that he wants to be treated and it is this lifestyle that has made him a trusted advisor to individuals and businesses across the globe.

Taylor is married to his high school sweetheart, Megan, and they live in Lufkin with their two young children.

Education:

BBA, Finance, Stephen F Austin State University

Assets Under Management:

$100 million

Fee Structure:

Fee-Based

CRD Number:

6112979

Insurance License:

#1818235

Disclaimer:

The common sense disclaimer: This is a public website and questions are asked in an informal setting so all users should take into account that I do not know all of the details of your situation and as such cannot be held liable for your actions/outcomes/etc based upon my ideas.

All warranties/disclosures/privacy policy/terms of use/other legalise/etc can be found at http://kovarcapital.com/disclosures/

All Answers
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    Investing, Starting Out
I am a college student that's new to investing; what is the best platform to begin investing $100 per month?
43% of people found this answer helpful

Glad to hear you’re getting an early jump on investing. At 20 years old, $100/month will really start to add up as the years go by.

There are a lot of different places to take your money, but I’ll recommend two that I’ve used and like. One is Betterment, which is a fairly standard robo-advisor with great options for beginning investors. The company is a fiduciary so you can dictate your general strategy while getting responsible guidance.

I also like LendingClub for a variety of investments, from your IRA to casual lending. LendingClub has been around for a while and is pretty well known, but they still cater to investors who aren’t playing with massive sums of money (I believe you purchase a Note for as little as $25). Financing loans allows you to see your dollars at work in a way that company shares and ETFs don’t, and this strategy offers strong returns on average.

As you start investing, keep service fees in mind. Ideally, you want to invest enough that you’re not losing too big a percentage of your funds to trading fees. Some companies take a percentage of your investment, while others charge per transaction. If you’re buying $100 worth of shares each month and getting charged $9.99 per trade, you’re losing 10% of your investment capital, which is a good chunk. Trading less regularly and in bigger amounts will help offset these costs. Whatever platform you end up using, keep potential expenses in mind. Good luck!

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How should we split our funds between a savings account, brokerage account, and car loan?
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Is it a sound financial decision to buy a house that you will only live in for four to five years?
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