About Red Oak Financial | Asset Management
The business mission of Red Oak Financial Asset Management is simple. Help our clients create financial independence. This is the mission regardless of economic conditions, political events, world turmoil, or market direction.
There are two key principles that guide us. The first is gratitude. We are grateful for the opportunity to serve and the ability to help. Gratitude helps us to reach further and further each day.
The second is education. We work with smart people. They do not want to be ‘sold.’ We educate ourselves so that we can give clients valuable information so that they can make the best decisions for themselves and their family.
Further below is more detailed information about the firm as well as us, the advisors. No question or request is too big or too small. Call us today with your current financial challenge.
Our Asset Management Team
Get To Know Adam Straseske, CMT
What's your background in financial services?
An experienced adviser said, “After two years you will have seen it all.” He was, for the most part, right.
What are the biggest mistakes you see people make with their money?
Because of pride and how the market trains its participants, I saw people throw away 90% of their wealth by not selling a losing position. During the tech bubble, people got used to the market going in only one direction: up. They kicked themselves for selling because after they sold, they witnessed those same stocks move on to new highs. Investor discipline was lost…all anybody had to do to win was buy. By the time the great bull was ending, the market had trained investors to hold on to losing investments because ‘they would come back.’ That is what a long-term secular market does…convince investors of absolute truths which are not the case…like the market always goes up.
Do you have a particular approach to investing?
Investing is an art. To be great at anything in life, you must have a desire to always learn more, the willingness to constantly persevere, and most importantly, a commitment regardless of costs. Investing is no different. Since starting in the investment world, I’ve had the opportunity to learn many lessons and principles.
What do you consider to be the most important principles of investing?
1 | The key ingredient to effective investing is preservation of capital.
Capital preservation is the most important principle. It is the principle. It is undisputed. It has stood the test of time. We cannot control how much the market goes up, but we can control risk to a certain degree by getting out of the sour investments. The main point is that as soon as you discover danger, protect yourself by taking action, and get ready for the next opportunity.
2 | Nobody has a lock on the market and knows which way the market will go tomorrow: whether up, down, or sideways.
If you are going to be a successful investor, you have to be willing to take calculated risks without losing sleep. Risk can be scary and cause fear, so it is important to shed the suffocating weight of fear and be able to act without hesitation on both the buy and sell side of the equation. Not every investment is going to be a winner, but that is OK. Take the risk. If you are right, you will be happy. If you are wrong, you will be wise.
3 | Diversify, but not for the sake of it.
When most people here this in regards to investing, they tend to think of this as investing in different asset classes, or asset allocation. Although this can be important, it can be just as important to diversify investment strategies and tactics. Fundamentally different investment strategies will generate different results depending upon the market. It is important to know your strategies inside and out, and which types of markets these strategies yield your desired results.
Who are the people who share and have helped to shape your life?
Adam Straseske, CMT
Red Oak Financial | Asset Management
Get To Know Mark A. Evers, MBA, CRPC
What is your goal when working with clients?
“I’ve never met anyone who was mad they had too much money in retirement. My goal is to help retirees have a financial legacy they can leave behind, blessing their families, churches, and their communities.”
About Mark and his history in the financial planning business.
Mark Evers started his career in the financial industry in 2000 at Janus Mutual Fund as an Investment Representative and worked at several other investment firms before helping to start Red Oak Financial Asset Management. Mark also taught Business and Finance at two different high schools from 2010-2016. Because of Mark’s passion for education and helping others, he served as the Secretary-Treasurer for the Round Rock Optimist Club from 2009 – 2016. Mark holds the Chartered Retirement Planning Counselor designation from the College for Financial Planning and is TEA certified to teach High School Business, Finance, Economics, and Social Studies.
In 2016, Mark was accepted to the PhD program in Personal Financial Planning at Texas Tech University. This industry leading program produces the nation’s leading talent in Personal Financial Planning and is often recognized as a top Certified Financial Planning (CFP) program. Mark’s research will focus on behavioral finance from a personal finance perspective and specifically look at Sudden Wealth Effect in retirees. Mark hopes to help Financial Planners better serve clients entering the retirement phase of life. In addition to his PhD Studies, Mark is also a Graduate Teaching Assistant for the Personal Finance department teaching students in the PFI-1305 course Life, Love and Money.
Mark helps people to move from the poverty money cycle to the prosperity money cycle through education and being your personal enthusiast. Mark starts with helping people develop a vision for their life and finding fulfillment in their work. Once the vision is clear, he helps people align their financial behavior according to their definition of a meaningful life. Call Mark if you want to align your finances according to your values. Mark can be reached at (512) 415-5094.
Mark A Evers, MBA, CRPC
Red Oak Financial | Asset Management