Evensky & Katz/Foldes Wealth Management

Evensky & Katz/Foldes Wealth Management

Evensky & Katz/Foldes Wealth Management continues the practice Harold Evensky established, anchored in Coral Gables, Florida. Evensky is a widely recognized figure in financial planning circles, having served as a national chair for the profession's key associations and teaching the discipline at Texas Tech University. The firm's roots trace back decades, predating the mass-market shift toward fiduciary wealth management, and its longevity reflects a model built on advisory principles rather than transactional brokerage. The firm's strategy revolves around integrated wealth management, coupling portfolio construction with retirement income planning, tax strategy, and estate coordination. Asset-class exposure is typically achieved through low-cost institutional funds and ETFs, avoiding the high-commission structured products that the firm's founders long criticized. While specific portfolio companies are not publicly detailed, the approach emphasizes asset allocation over single-security selection. Geographic coverage centers on South Florida, with clients concentrated in the Coral Gables and greater Miami area, though the firm's influence through academic and professional channels extends nationally. Scale remains deliberately opaque—neither AUM nor total advisors are publicly enumerated. The firm's reputation, however, is amplified by its principals' prolific publishing. Harold Evensky and Deena Katz have co-authored and edited multiple textbooks used in university financial planning programs, positioning the firm as a thought leader rather than a high-growth asset gatherer. This publishing arm, alongside ongoing university affiliations, serves as an adjacent vehicle for influence that most RIA practices lack. A structural differentiator for Evensky & Katz is its position as an intellectual anchor for the profession. Where most RIAs operate as local businesses, this firm has, through its founders, shaped the curriculum and ethics standards that train the next generation of advisors. The practice serves as a living laboratory for the planning-centric, evidence-based portfolio theory they teach—a loop from lecture hall to client statement that few other firms can credibly claim.