DISCLAIMERS

Please keep in mind that almost everything contained in this website is the opinion of the author and should not be construed as factual. While the author tried to verify all independent sources used, their accuracy cannot be guaranteed. All facts and figures used were useful only in the formation of the author's opinion. There is no guarantee that anything stated in this website will work. Past performance is not an indicator of future success. All investments contain risk and any investment should be thoroughly investigated before investing.

The illustrations and examples in this website have been simplified for clarity in writing. There is much more information to be considered than what is presented. When considering any investment, one should investigate all charges and fees usual to that form of investment. No legal advice is given. Any comments regarding legal issues reflect our understanding and interpretations of the laws as they may apply. We recommend you seek the counsel of a competent attorney. Any suggestions made on this website should not be implemented without the guidance of a qualified financial planner.

 PRIVACY POLICY
OF CLIFTON MYERS INVESTMENT ADVISORY, INC.

 
At Clifton Myers Investment Advisory, Inc., we give your personal financial privacy the utmost consideration. We realize you have entrusted us with private and personal financial information, and it is important to us that you know our policy concerning what we do with that information.

We collect personal financial information about you from the following sources:

• Information you provide us in investment advisory agreements, brokerage account applications, and other documents you complete in connection with the opening and maintenance of your accounts with us; and
• Information you provide us orally; and
• Information we receive from third parties, such as brokerage firms, about your transactions with us or with others.

We do not disclose any nonpublic personal financial information about you to anyone, except in the following circumstances:

• When required to execute transactions for your account or otherwise to provide services you have requested; or
• When you have specifically authorized us to do so; or
• When required by law.

Within our firm, we restrict access to your personal financial information to the employees who need to know that information in order to provide services to you.

No information is ever provided to non-affiliated third parties.

The above privacy policy is intended for both current and former clients.  Once you are a former client, no information is provided to either affiliated third parties or non-affiliated third parties.  Affiliated third parties will provide to you their own privacy policy regarding the information of yours they possess.

We reserve the right to modify, add, or remove portions of this privacy notice at any time. If you have any questions about our privacy notice, please contact us at 512-218-8100. Thank you.

 FORM ADV - PART II BROCHURE
AND DISCLOSURE STATEMENT

SECTION 1 & 2- ADVISORY SERVICE AND FEES & TYPES OF CLIENTS

Clifton Myers Financial Advisory, Inc. manages investment advisory accounts. Fees are based on a percentage of the assets under management. 

Investment fees charged are 1.5% for all assets under management. Fees are charged quarterly and collected in advance based on the value of the account at the beginning of each quarter. 

SECTION 3 - TYPES OF INVESTMENTS

Investments used are primarily exchange-traded funds, mutual funds, and variable annuities. At times individual equity securities will be purchased or sold. This would include exchange-listed securities, securities traded over-the-counter, and foreign issuers. It could also include corporate debt securities, municipal securities, certificates of deposit, variable life insurance, and United States government securities. It is unlikely, but possible, that other investments could be used such as warrants, commercial paper, options contracts on both securities or commodities, futures contracts on both tangibles and intangibles as well as interests in partnerships investing in real estate or oil and gas interests.

SECTION 4 - METHODS OF ANALYSIS, SOURCES OF INFORMATION, AND INVESTMENT STRATEGIES

Clifton Myers Financial Advisory, Inc. uses economic models to best determine the most appropriate place to invest. It will add technical analysis at times to determine the best time to invest in these investments. The investment adviser will gather information from several sources including financial newspapers and magazines, research materials prepared by others, company press releases, and annual reports, prospectuses, and filings with the Securities and Exchange Commission.

The investment adviser is primarily trying to determine the most appropriate investments to be in at the most appropriate time. For the most part purchases are designed to last at least a year in length, but depending on the economic environment, purchases could be less than a year and possibly even less than 30 days. It is also possible that the investment adviser will short the market, make purchases on margin, or write covered call options.

SECTION 5 & 6 - EDUCATION AND BUSINESS STANDARDS & BUSINESS BACKGROUND

Clifton Myers is the primary principal in the firm Clifton Myers Financial Advisory, Inc. Mr. Myers was born in 1955 in Houston, Texas. He has his BBA in Economics from Sam Houston State University and his MBA from Texas State University. Clifton was associated with Money Concepts Capital Corporation, a full service financial planning firm, as a registered representative.

SECTION 7 - OTHER BUSINESS ACTIVITIES

Clifton Myers and Clifton Myers Financial Advisory, Inc. may also sell life insurance products such as term life, fixed annuities, and health insurance. In addition Mr. Myers is a tax planner and preparer.

SECTION 8 - OTHER FINANCIAL INDUSTRY ACTIVITIES OR AFFLILIATIONS

There are no other related activities besides the activities already mentioned that could present any kind of conflict of interest between Clifton Myers, Clifton Myers Financial Advisory, Inc. and their clients.

SECTION 9 - PARTICIPATION OR INTEREST IN CLIENT TRANSACTIONS

Mr. Myers will normally buy and sell the same securities he recommends to his clients. Although not normal, he may on occasion work as a broker or agent effecting security transactions for compensation for a client.

SECITON 10 - CONDITIONS FOR MANAGING ACCOUNTS

There is a $100,000 minimum for using Clifton Myers Financial Advisory, Inc.'s investment management services. Financial planning services also require a minimum of $100,000 of investable assets. There are possible exceptions to the minimum and each case is in effect negotiable depending on the potential influence of the client over other prospects.

SECTION 11 - REVIEW OF ACCOUNTS

Clifton Myers is the only employee that will review accounts. All accounts are reviewed at least quarterly.

The adviser will determine whether the most likely area of appreciation will occur in either U.S. stocks, foreign stocks, U.S. bonds or whether cash is the only safe investment. The decision is based on earnings yield evaluations of the various investment choices. The adviser will invest the client's portfolio in the investment that presents the most favorable earnings yield in relation to the others. Trending analysis will also be performed and no investment will be made unless that investment is showing a positive trend. Stop losses will also be used.

Some investors may choose only to invest in the above described manner. Others will want to add additional investment options in order to try and make money in potential down markets. Some investments will be made to take advantage of inflationary environments, rising interest rate environments, major trend changes in the value of the dollar versus other currencies, and possibly shorting the stock or bond market.

The primary investment will be exchange-traded funds and mutual funds as these investments present the lowest cost with the flexibility to move in and out of the desired investment areas with ease. Transaction costs on the exchange-traded funds are determined by the broker and clearing house used. Mutual fund costs will vary according to the mutual fund but most, if not all, will never incur sales charges. Individual stocks or bonds could be purchased or sold short at times when the market reflects really strong long-term conditions for these investments. This will represent the vast majority if not all of the investments, however, no investment is ruled out completely if the adviser sees an opportunity to safely invest and make money on it.

All accounts will be reviewed at least quarterly. However, at times the investment analysis models used may suggest a more frequent review. Stop losses will also be used which could trigger short term trading activity.

Some clients may find the "buy and hold" strategy to be the best for their situation. These clients will be invested in mutual funds, variable annuities and variable life. These clients will also have their accounts reviewed quarterly for potential reallocation, rebalancing or changing funds due to poor performance or fund manager turnover. "Buy and hold" clients are not the focus of Clifton Myers Financial Advisory, Inc. but these services are available to clients where this strategy fits their needs and situation.

Quarterly reports will be mailed to clients indicating their quarterly and yearly beginning and ending balances, investment profit or losses, and contributions. It will also include their current holdings and any transaction history of the past quarter. Clients are communicated with when any changes are made to their portfolio as to why the changes were made and why the investment models suggested a change. Clients will also be communicated with every quarter regarding what the investment models are suggesting even when no trades or changes have incurred.

SECTION 12 - INVESTMENT OR BROKERAGE DISCRETION

All accounts are established on a discretionary basis meaning Clifton Myers Financial Advisory, Inc. will have the authority to make trades on the account without receiving the client's permission. This authority will extend to the types of securities to be bought or sold, the amount of securities to be bought or sold, and often what broker will be used to purchase the securities.