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Stephen Akin

Retirement, Investing, Taxes
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“As a Registered Investment Advisor, Stephen Akin is independent and objective. He serves clients in a fiduciary capacity that is not presently possible within a traditional commission brokerage format.”
Firm:

Akin Investment Advisory

Job Title:

Sole Proprietor, CCO

Biography:

With over 30 years of investing experience Stephen Akin has always wanted to open his own advisory business. On January 4th, 2016 his dream came true! He offers truly unbiased advice for his client "your success is my only interest".

As a boy in Houston, Texas Stephen enjoyed boating and fishing with his family on Galveston Bay. By the late 1970's he held a US Coast Guard Captains License and then a Merchant Marine Masters Certificate in the early 1980's where he worked for Seal Fleet, Inc. and Hornbeck Offshore, inc. 

Stephen entered the investment world with the passing of his NASD Series 7 & 63 exams in 1984 and worked with Paine Webber, Inc. and Dean Witter Reynolds, Inc. He passed the FINRA Series 65 exam August 2015.

Assets Under Management:

$1 million

Fee Structure:

Fixed
Hourly
Asset-Based

CRD Number:

1104380

All Answers
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Most Helpful
    Investing, ETFs, Stocks
How do I invest in a cattle ETF or stock?
100% of people found this answer helpful

As a native Texan born and raised in the Houston-Galveston area here is my answer to a question that I couldn't resist.

The iPath Series B Bloomberg Livestock Subindex Total Return Exchange Traded Notes, Ticker symbol COW.

This investment vehicle is able to trade in both cattle and hog futures. It is obviously subject to volitility and from my research is dependent upon Braclays Bank PLC to meet obligations

as they become due. The cusip is 06746P498 It began January 17, 2018 and matures January 23, 2048. As of 12/31/18 Closing Market Value was $48.93.  Market Cap $7,830,170

with a float of 160,028.  YeeHa! I think I'll stick to T-bones and Filets!

Best of luck trading this one!

 

 

January 2019
    IRAs, Taxes
Do I have to make quarterly tax payments when performing a Roth conversion?
50% of people found this answer helpful
January 2019
    Debt, IRAs
Is there a suggested percentage allotment to put toward your IRA while paying down credit card and student loan debt?
25% of people found this answer helpful
January 2019
    Debt, Real Estate
I have poor credit; is it possible for me to use my house (which is paid off) to help me get approved for a loan?
0% of people found this answer helpful
January 2019
    Banking, Retirement
Is there a certain balance I should keep in a checking account when my retirement accounts are set?
September 2018