Kanaly Trust Company

New SEC Rule Marks Big Change in Investment Advisory Relations

Fri, 03 Mar 2006 16:00:00 GMT

When seeking investment advice, most investors call a trusted financial adviser or stockbroker. If this happens to be the same person, investors should pay special attention to one of the biggest investment advisory decisions from the Securities and Exchange Commission in nearly 35 years.

Since Jan. 31, all United States brokerage firms that offer fee-based financial services have been required to clearly disclose whether an account is a brokerage account or an advisory account.

See attached .pdf for full article.

3-Mar-06 10:00 AM

HBJ Investments Forum: Four top financial experts share views in roundtable discussion

Fri, 02 Sep 2005 15:00:00 GMT

At an Investment Forum hosted by the Houston Business Journal on July 21, financial experts shared their views on a variety of issues facing Houston investors.

Participating in the Forum were: Brad Dunn, Pin Oak Investment Advisors; Drew Kanaly, Kanaly Trust Co; Richard Leader, Burnham Asset Management; and Fritz Meyer, AIM Investments.

See attached .pdf for full article.

2-Sep-05 10:00 AM

Kanaly Trust Company Receives Enterprise Champion Award

Fri, 20 May 2005 16:00:00 GMT

Enterprise Champions are four leading businesses from among the Houston Small Business 100 that are set apart not only in growth and industry leadership but in benefits to employees, company culture and service to the community.

Companies considered for this award provided additional information about their philanthropic contributions, innovations and challenges. Eight finalists, selected by a review committee of the HBJ editorial department, were interviewed by representatives of Houston Small Business 100 sponsors in sessions moderated by HBJ Publisher John Beddow.

The 2005 Enterprise Champions are ChaseCom LP, Complete RX Ltd., Headworks Inc. and Kanaly Trust Co.

See attached .pdf for full article.

20-May-05 11:00 AM

What are some important considerations in evaluating an executive job offer?

Fri, 29 Apr 2005 16:00:00 GMT

It's easy to compare two jobs, based on salary.

But benefits such as stock options, insurance, retirement plans, vacation and other perks all affect a job offer's value. With benefits packages growing more elaborate, these attributes are not easy to compare from one package to the next.

See attached .pdf for full article.

29-Apr-05 11:00 AM

SURVEY: As the baby boomer generation nears retirement, what are the best options for investments, and what role should the stock markets play?

Fri, 04 Mar 2005 16:00:00 GMT

Continue a life-long program -- Drew Kanaly, Vice Chairman, Kanaly Trust Co.

Financial comfort is personal. It is not accidental. It is built, over time, through savings and compounding, and it requires a sense of future. Each person travels the path to retirement at a different pace. The beginning of a new year is a good time for any person to refocus on his financial future. The stock markets should play a role in most retirement plans. Stock investing, however, should be carefully planned in context with concentrations in other assets, company benefits and allocation of existing retirement savings.

4-Mar-05 10:00 AM

Steve Kanaly Named to Medical Economics Top 150 Financial Advisors for Doctors List for 2005

Fri, 19 Nov 2004 17:00:00 GMT

After a thorough review process, Medical Economics has selected their top 150 financial advisors for doctors.

Steven P. Kanaly, CFP®, CTFA, CISP, NAPFA Registered Financial Advisor™ has made the list!

Please read the attached article for a full description of the selection process and a professional profile of Steve Kanaly.

19-Nov-04 11:00 AM

Range Rovers - Buying a Ranch is a Labor of Love, Often with the Emphasis on Labor

Sat, 01 May 2004 16:45:00 GMT

Owning a ranch is a goal that beguiles many of us seeking beautiful surroundings that encourage strong values such as the importance of hard work, individualism and conservancy. But these properties are not for dilettantes: Before purchasing a ranch, we need to weigh whether the benefits we expect will outweigh the large investments in capital, time and effort that ranching requires.

See attached .pdf for full article.

1-May-04 11:45 AM

Kanaly Receives BBB Award of Excellence

Mon, 19 Apr 2004 15:00:00 GMT

A pioneer of the independent trust company and pure fee-only financial planning, Kanaly
Trust has experts in tax, law, investments, real estate, mineral interests and more. Family owned and operated since 1975, Kanaly actively manages and oversees billions in assets for individual clients.

As a recognized leader in pure fee-only financial planning, Kanaly does not sell any financial products. This allows them to make objective recommendations and take action totally in a client’s best interest. The Kanaly Way is based on multi-generational planning, implementation and ongoing maintenance. Retention of key personnel ensures continuity of services. Congratulations to Kanaly Trust Company, 2004 Awards for Excellence recipient in the Medium Business category.

19-Apr-04 10:00 AM

Consider full range of ramifications when appointing fiduciaries

Fri, 05 Mar 2004 16:00:00 GMT

Serving as a fiduciary is truly an awesome responsibility that one should neither accept nor bestow lightly.

People often appoint fiduciaries and accept fiduciary roles - as executors, trustees, guardians of minors and corporate board directors - without carefully considering all the personal, financial, legal, and emotional ramifications of their choices. There are even cases in which fiduciaries have been named without being informed of their appointment, leaving them with potentially no moral obligation to serve.

See attached .pdf for full article.

5-Mar-04 10:00 AM

Baylor Honors Nine Texas Family Businesses

Mon, 21 Oct 2002 14:00:00 GMT

Family businesses from Waco, Belton, Houston, Corpus Christi, Mount Pleasant, Miles and Livingston were honored Oct. 17 as winners in the 13th annual Texas Family Business of the Year competition, sponsored by Baylor's Institute for Family Business.

The awards were presented by Dr. Terry Maness, dean of the Hankamer School of Business, and J. David Allen, director of Baylor's John F. Baugh Center for Entrepreneurship, at a banquet held in the Barfield Drawing Room in the Bill Daniel Student Center.

Read full story on the Baylor University web site.

21-Oct-02 9:00 AM

On the Side of Angels

Sat, 01 Jun 2002 16:30:00 GMT

If consumers could nominate a guardian angel, surely Steven P. Kanaly would be in the running. As chairman of the National Association of Personal Financial Advisors, a select group of fee-only planners, Kanaly is a purist whose professional standards are so stellar that even he admits, "Sometimes, I'm not sure we're not more of a religion."

Kanaly, 48, is the leading voice of the fee-only movement, which is emerging as a powerful player in the independent advice channel. NAPFA's 750 members are the most extreme of the independents because they categorically do not take commissions on the investments they recommend.

See attached .pdf for full article.

1-Jun-02 11:30 AM

E. Deane Kanaly Named Houston's Entrepreneur of the Year in Financial Services

Sat, 01 Jun 2002 13:00:00 GMT

E. Deane Kanaly, Founder and Chairman of Kanaly Trust Company, was recently named Houston’s 2002 Ernst & Young Entrepreneur of the Year in Financial Services. The award was presented to one professional in each of 10 business categories. Winners from each area were announced at an awards banquet held on June 20.

Mr. Kanaly was chosen as a finalist due to the groundbreaking achievements and insightful leadership he has demonstrated throughout his professional life. Mr. Kanaly began his career collecting banking and business data trends for statistical research at the University of Oklahoma. Soon he became a respected expert for industry and government authorities. From here, his career in financial services grew. Mr. Kanaly served as Trust Division Manager, Executive Trust Officer, and finally Vice President at Bank of Southwest. After leaving Bank of Southwest, he served as CEO and Vice-Chairman at River Oaks Bank and Trust Company. Through all of his experience, Mr. Kanaly saw the need for creating comprehensive, objective, fee-only financial programs that would be free from conflicts of interest and live through the lives and generations of families. He then followed his calling to create these services by founding The Kanaly Company.

At its inception, The Kanaly Company was surely one of the first of its kind. Kanaly Trust Company was founded in 1976 with three employees, one million dollars, and an advisory board made up of eight business leaders, it was considered to be America’s first independent trust organization. With this venture, Mr. Kanaly pioneered not only the independent trust company, but fee-only financial planning. Initially, the company met with opposition. In contrast, due to the success this firm has experienced over the past 27 years, nearly 100 new independent trust companies have replicated the model nationwide.

Mr. Kanaly has executed a high level of commitment and great contributions to community, educational, and charitable organizations throughout his life. He founded the Foundation for Financial Literacy. He has served as a distinguished faculty member for many respected educational institutions such as The University of Houston, Southern Methodist University, Texas Tech, The American Institute of Banking, the American Savings & Loan Institute, and the Women’s Institute of Houston. Mr. Kanaly has provided exceptional leadership to many professional organizations such as the Texas Banker’s Association, the American Bankers Association, and charitable causes such as Kid Care.

As a regional award winner, Mr. Kanaly is now eligible for the National Entrepreneur of the Year Award in his respective category. From the regional honorees, the overall national winners will be chosen. The national finalists and winners will be announced at a November conference in Palm Springs, California.

1-Jun-02 8:00 AM