Scott Wood

Entering his 25th year in the industry, Scott Wood is Co-founder and Chief Executive Officer of True North Advisors. Believing that a fee-based rather than commission-based structure is the standard for truly impartial investment advice, Scott partnered with Mark Gehlbach to found True North as one of the first fee-based firms in the country. Scott is the architect of the firm’s vision, strategy and culture and is a member of the firm’s Investment Policy Committee. He also shares responsibility for shaping the growth, profitability and marketing of the firm. Scott holds the distinction of being a Certified Investment Management Analyst® (CIMA) – awarded by the Wharton School of Business – and is a Chartered Private Wealth Advisor®. Scott is also an active member in the Investment Management Consulting Association (IMCA). He was recently named to the Dallas 500 as one of the the most influential business leaders in North Texas and one of the top 12 in the Investment Industry. At heart, Scott is an entrepreneur. After graduating from Baylor University with a Bachelor of Business Administration in Finance and Economics, Scott began his career at Chase Manhattan Investment Services, New York, where he was responsible for the day-to-day management of this new venture’s privately managed accounts and trading operations. He moved to Dallas with Chase and began working within a fee-based structure. While there, Scott was recognized as a top-ten producer in Chase’s national network, embracing the entrepreneurial latitude he was afforded to conduct business in a new, client-centric way. A visionary in terms of guiding principles, Scott moved to Lockwood Financial, the only independent advisory platform at the time, because he knew the company represented the future of the industry. With experience to round out his philosophies, Scott left to start True North Advisors to expand the services he could offer in a fee-based environment. Today, as a leader in the industry, he continues to advocate against conflicts of interest that compromise objectivity and transparency for the client. Locally, Scott is a member of the Salesmanship Club of Dallas, and is currently serving as Chair of the Retirement Plan Committee for the Club. He is the Vice Chair of the North Texas Young Presidents Organization, and also serves on the Board of Directors of the Tom Landry FCA Foundation. Additionally, he is a Board Member of the Men’s Advocacy Group (MAG), a branch of New Friends New Life. He is a dedicated family man who enjoys health, fitness and giving back to the community and his church. His passions include spending time with his family as well as surfing, snow skiing, and anything outdoors.
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Recent Posts

January 05, 2019 | by Scott Wood

January 555: Asset Return Anomalies, Planning Thoughts for 2019, and the Secret Ingredient to Success

Our January edition of the 5,5,5 covers the 2018 anomaly of a diversified-asset portfolio return, some financial planning thoughts to get you ready for 2019, and our most recent volunteer experience with Community Partners of Dallas. Enjoy!   Read More

January 03, 2019 in Articles & Newsletters | by Scott Wood

High Net-Worth Individuals: Misplanned Opportunities in Financial Planning

Definition of misplan (Merriam-Webster Dictionary) transitive verb: to plan (something) poorly or improperly a misplanned meeting… misspent and misplanned their way into a huge deficit.In working with self-employed executives, there are common problems we see when they come to True North Advisors.... Read More

December 27, 2018 in Articles & Newsletters | by Scott Wood

Donor Advised Funds: A Solution to Gifting with Tax Benefits

During a season of giving, it is evident that the framework for donating funds to charities or organizations has changed.Our clients have organizations that they are passionate about, and plan to make yearly gifts to them. The tax deduction they received in the past was a bonus. Many charities felt... Read More

December 05, 2018 | by Scott Wood

December 555: Midterm Outcomes, Increased Fed Rates, and Healthy Aging

Our December edition of the 5,5,5 covers the market outcomes after the recent midterm elections, the different account titling options to consider in your estate planning, and our volunteer outing at the Momentous School. Enjoy!  Read More

November 26, 2018 in Articles & Newsletters | by Scott Wood

Investing 101: Our Portfolio Strategy

The Value of a Financial Advisor A good financial advisor can help guide you financially through major life events, but financial advice is only half the story of what they should provide. The other half is making sure you’re in the portfolio that is suited for your needs. Issues arise when a... Read More
   

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