Based in Plano’s thriving business district, Caviness Wealth Management serves one of Texas’s leading economic centers. Our city combines established wealth with dynamic growth, with a median household income of $107,448 and a population of over 294,152. It includes headquarters of Fortune 500 companies and a highly educated workforce – 59.1% of residents hold bachelor’s degrees.
These unique demographics create distinct financial planning opportunities and challenges, which is why I offer personalized wealth management and retirement planning in Plano tailored to your specific goals. I strive to provide clear guidance and work toward your financial objectives.
Hi, I’m David Caviness, CERTIFIED FINANCIAL PLANNER™ in Texas. I founded Caviness Wealth Management with the sole focus to help busy professionals like myself work toward financial freedom, and to assist those who have achieved it, keep it and leave a legacy for their heirs and community. We are an independent wealth management firm that caters to a small and specific group of clients who are looking for a lifelong financial partner to guide them in all aspects of their financial lives.
At Caviness Wealth Management, we have only one focus: our clients. So, we treat each client like they are our only client. And we can do that because we are committed to spending time with you. In fact, we are often available the same day for questions or advice whenever you need us! And because we are fiduciaries, we will always act in your best interest. We avoid or disclose conflicts of interest. We do not sell proprietary products. And we are completely transparent in our fees. No surprise or hidden charges!
But most of all, we love making a positive difference in our clients’ lives by helping them account for all parts of their financial plan.
Let’s chart your future together—book an appointment today and experience the clarity and prosperity.
Our Services in Plano, Texas
Financial Planning
I believe in building a collaborative relationship to help you develop strategies for your financial future. My financial planning approach in Plano begins with understanding your current financial situation and long-term objectives.Then, we work to develop comprehensive strategies aligned with your goals, such as retirement planning, home ownership preparation, or education funding considerations.
Investment Management
At Caviness Wealth Management, we take the time to understand your investment preferences and risk tolerance to help develop appropriate investment strategies. But I am not a product salesman who earns compensation through sales. All of the advice I give you is true fiduciary advice, which means your best interest always comes first. This allows me to provide the best possible recommendations to help you make well-informed financial decisions.
Business Services
Our wealth management firm provides retirement plan guidance for small businesses and self-employed professionals in Plano. We review existing plans and help develop new 401(k) or other retirement plan options. Whether evaluating current strategies or creating new approaches, we work to support your business objectives. We aim to help you and your employees work toward financial independence, which is a main goal for most business owners I know.
Risk Management
Planning for unexpected events is an important part of your financial strategy. Not only do we work to be proactive in your financial plan, but our financial planning services also include a risk management element, helping you evaluate potential protection approaches through various financial tools. We provide guidance on life, disability, and long-term care insurance options to help you consider different approaches for legacy planning, final expenses, and family protection strategies.
Speaking Engagements
We actively participate in the Plano community and welcome opportunities to speak at local businesses, schools, and organizations. Our educational presentations focus on providing clear, practical financial information. Topics range from “Understanding Market Cycles” to “Developing Legacy Planning Strategies.”
Contact us to discuss how we can add educational value to your organization.
*Important Disclosures: Investing involves risk, including possible loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance does not guarantee future results. Different types of investments carry different degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client’s investment portfolio. Diversification and asset allocation strategies do not ensure profit or protect against loss.
*For mutual funds and alternative investments: Please carefully consider investment objectives, risks, charges, and expenses before investing. The prospectus, which contains this and other important information, is available from your Investment Advisor and should be read carefully before investing. Alternative investments may not be suitable for all investors and involve special risks such as leveraging, lack of liquidity, and potential loss of investment.
*Specific fiduciary obligations may vary depending on the nature of the advisory relationship.
Why Make Us Your Financial Planner in Plano, TX
Our approach to wealth management in Plano reflects our commitment to client-focused services:
Personalized Planning Approach
We develop strategies based on your individual financial situation and objectives. Our advisors take time to understand your specific needs, helping to create approaches tailored to your goals.
Comprehensive Service Range
From investment management to retirement planning, we provide integrated financial services. Our planning process addresses various aspects of wealth management, including estate considerations, and risk assessment.
Independent Advisory Practice
As an independent firm, we work to provide recommendations based on your specific needs. This structure allows us to consider various financial approaches without external constraints.
Professional Team
Our advisors hold industry credentials and participate in ongoing education to stay current with financial trends and strategies. We work to provide clear communication throughout our advisory relationship.
Long-Term Relationship Focus
We aim to build lasting professional relationships through consistent service and regular portfolio reviews. Our advisory process emphasizes ongoing communication and periodic strategy adjustments as your circumstances change.
Take the First Step Toward Financial Success – Book Your Consultation Now!
At Caviness Wealth Management, we provide personalized financial guidance for Plano residents. Our experienced advisors work with you to develop strategies aligned with your financial objectives. Contact us today to schedule a consultation and learn more about our wealth management approach.