An accomplished financial professional with Sucre-Vail Wealth Advisors in Houston, Henry E. Vail II has received multiple accolades for his work over the years, including being selected a 2011 Five Star Professional Wealth Manager by Texas Monthly Magazine. Throughout his career, Henry Vail II has worked to enhance his knowledge and skills by remaining active in organizations like the Financial Planning Association (FPA).
In its efforts to raise public awareness of the financial planning profession and the issues affecting the financial planning process, FPA oversees a variety of programs and activities aimed at advocacy and education. As part of this work, FPA chapters from across the country come together each fall to celebrate the organization’s Financial Planning Week.
FPA members nationwide commemorate Financial Planning Week by building awareness through educational seminars, hotlines, and media interviews. Now in its 14th year, the FPA’s 2015 Financial Planning Week will be observed October 5-9. For information about local Financial Planning Week events in your area, visit http://www.onefpa.org.
For nearly 20 years, private wealth advisor Henry E. Vail II has helped lead Sucre-Vail Wealth Advisors, an award-winning financial advisory firm in Houston that works primarily with physicians. Henry Vail II remains involved in his field as a member of the Financial Planning Association (FPA).
In a recent press release, the FPA announced that the 2015 Trends in Investing Survey found that the use of Exchange-Traded Funds (ETFs), an investment tool that advisors recommend and utilize, has continued to increase among advisors since 2006. The survey also showed that ETFs are now more popular than mutual funds and have become the preferred investment tool for advisors. In 2015, 81 percent of the surveyed advisors reported recommending or employing EFTs for their clients, which represents a more than 40 percent increase of ETF use since 2006.
Conducted by the FPA Research and Practice Institute and the Journal of Financial Planning, the 2015 Trends in Investing Survey secured 303 online responses from financial advisors with different backgrounds. More than half of the respondents also noted that they plan to increase their ETF use throughout the next year.
Henry E. Vail II, of Sucré-Vail Wealth Advisors in Houston, Texas, offers clients in-depth information on such matters as insurance analysis, tax planning, and trust and estate services. Henry Vail II is also involved in charitable organizations such as the Devereux Foundation, where he sits on the advisory board and assists with fundraising.
The Devereux Foundation is a nonprofit nationwide organization for persons with behavioral, psychiatric, and emotional problems. Currently, the Texas chapter of the foundation seeks foster parents for children under 18.
When screening foster parents, Devereux looks for healthy, responsible adults 21 and over with at least a high school diploma or GED, and who have been married, divorced, or widowed for one year or more. United States citizenship is a must, as is a history free of criminal activity and child abuse. Prospective parents must also possess auto and home insurance, reliable transportation, and a driver’s license. They need to have a spare bedroom large enough for a child.
In addition to these legal requirements, potential foster parents should not use physical discipline and must instead create a loving and supportive atmosphere.