Broker Check
Anthony B. Carr, CPA, CFP®

Anthony B. Carr, CPA, CFP®

Owner

 

 Greetings,

 Welcome to Carr Wealth Management, LLC. We are an independent Registered Investment Advisor Firm located in Pleasanton, CA. We help individuals by providing a more efficient way to invest and plan. We have been serving the Tri-Valley area with personal and high-quality service for more than 22 years.

My name is Anthony Carr. I am the principal. I was born in Oakland, CA, and eventually moved to a small northern California town when I was eight years-old. Events would have me back in the East Bay in 1980 going to Chabot College, in Hayward, CA. There I met my wife Grace, who is from Union City. We have been married close to forty-two years.

I was fortunate to be born with unique abilities involving numerical calculations in my head - sort of like the “Rainman," but not that quick and accurate. These abilities guided me to choosing a livelihood that would involve numbers, but I failed to feel all warm and fuzzy about the prospect of number crunching for the rest of my life (not that there's anything wrong with that!). Accumulating credentials such as a CPA, CFP™, and an MBA increased my knowledge and expertise in various financial areas during the course of the past 40 years to where I am today, which is why I believe I am perfectly suited to help with the various financial issues confronting individuals today – investment management, retirement planning, tax planning, and estate planning.

The exactness and certainty of accounting transactions and results made my work in the public and private sector more precise because recording transactions that have taken place in the past are either accurate or inaccurate, or taxable or non-taxable, – no uncertainty. But when it comes to investing, helping clients navigate through their uncertain future requires extensive knowledge, objective advise, trustworthy relationships, and an unwavering commitment to always act in the client’s best interests. I have been a fiduciary for the past 34 years as a Certified Public Accountant, and for the past 24 years as a Certified Financial Planning professional. I have never had any formal complaint or any type of disciplinary action during the course of my professional career.

Since I began managing client investments in 1999, my investment philosophy has always remained the same. I was exposed to an investment strategy whose long-term performance was supported by academic historical evidence and straightforward common sense (both are music to an accountant’s ears). That strategy was called passive investing (or index or asset class investing). Twenty-years ago the benefits of long-term disciplined investing through low-cost passive funds were not as prevalent as today (before Vanguard became  A household name and largest provider of passively managed funds). Please do not confuse the word “Passive” as doing nothing; that is incorrect. The better way to view it in my opinion is letting the markets work for you and maximize your returns by using investments that are low-cost, tax-efficient, widely diversified, and built to earn long-term capital appreciation. A different approach would be to use “active” management strategies to outperform the overall market returns – this strategy is costly and counterproductive as proven in an overwhelming body of academic evidence. Adding client value is not just helping clients make the right decisions, but it is also helping them avoid making the wrong ones.

I believe the most powerful investment strategy to building long-term wealth is compounded growth and tax-deferral. Maximizing compounded growth requires paying the lowest costs possible because higher costs and taxes from transaction-oriented investing strategies can have a substantial impact on long-term accumulated growth.

I have been a resident of Pleasanton for the past 35 years and have raised two children in our wonderful Tri-Valley community. Please review my website for useful information on various financial topics that are commonly being faced by retirees and those close to retirement. Please contact us to schedule a no-charge consultation meeting. Thank you and I look forward to helping you reach your financial objectives.

Tony Carr