Asset Allocation · Houston, TX

How your money is divided matters more than how it's picked.

Decades of research suggest that the mix between stocks, bonds, and cash drives most long-term portfolio outcomes — far more than which fund or stock is chosen. I help you set that mix deliberately, based on both your tolerance for risk and your capacity to absorb it.

At a glance

Best for
Anyone whose allocation hasn't been formally reviewed in 3+ years
Format
In-person Houston · Virtual where licensed
First step
Complimentary intro call · 5–45 min
Coordinates with
Your CPA, attorney, plan administrator
01 · Who this is for

Situations I see most often.

  • Your allocation drifted during a long bull market and you don't know where it stands.
  • You hold a large position in employer stock and want to evaluate concentration.
  • Your risk tolerance no longer matches your actual ability to take risk.
  • You're nearing retirement and the accumulation portfolio doesn't fit anymore.
  • You have multiple accounts and don't know your true overall allocation.
02 · What's included

What the engagement covers.

  • Aggregate allocation analysis across all accounts (taxable, retirement, employer plans).
  • Risk tolerance vs. risk capacity recalibration.
  • Asset-location review (which assets in which account types).
  • Concentration analysis on employer stock or single positions.
  • Rebalancing rules and cadence.
  • Tax-efficient implementation of changes.
03 · How the process works

A measured approach, in clear steps.

Aggregate view

I roll up every account into a single picture — most clients are surprised by what they actually own at the household level.

Tolerance & capacity

We talk through how you actually responded in 2008 and 2020, not how you think you would.

Target design

I propose a target allocation with explicit ranges, written rationale, and rebalancing thresholds.

Implementation

Changes are sequenced to minimize tax cost — long-term-gain awareness, lot selection, retirement-account use.

Houston / Texas context

Why this matters in Houston.

Many Houston households are inadvertently overweight a single sector — energy. If you've worked at one of the major operators or services companies, employer stock, ESPP grants, and pension exposure can stack up in ways that read very differently from a textbook 60/40 portfolio. Recognizing it is the first step.

Concentration riskAsset locationRebalancing rulesTax-aware moves
04 · Common questions

Plain-English answers.

What's the difference between risk tolerance and risk capacity?
Tolerance is how much volatility you can stomach emotionally. Capacity is how much you can financially absorb without derailing the plan. They aren't the same — and the smaller of the two should usually drive allocation.
Should I rebalance automatically?
Threshold-based rebalancing (acting when an asset class drifts more than, say, 5 points from target) tends to outperform calendar-based rebalancing. The right rule depends on tax structure of the accounts.
Is 60/40 dead?
60/40 is shorthand for 'balanced.' The label is fine; the formula isn't a prescription. The right mix for you depends on your time horizon, income needs, and other assets.

Let's talk about your situation,
not a generic plan.

The first conversation is complimentary — anywhere from 5 to 45 minutes, your call. No pitch, no pressure. We'll cover what you have, what concerns you, and whether working together makes sense.

Direct contact
Phone · (281) 786-5159
Email · alan.birsinger@
wealthmanagementgroup-inc.com
Office Hours
Mon–Fri · 9 AM – 5 PM CT