Allen-Wealth-Advisors-Colleyville-TX-Fee-only-Certified-Financial-Planners - In 2026, Now a Partner of Clearpoint Wealth Management

Allen Wealth Advisors Is Now Part of ClearPoint Wealth Management

Written by Allen Wealth Advisors on August 3, 2026. Posted in Allen Wealth Advisors Colleyville TX, Colleyville Fee-Only Financial Planning, Southlake Financial Planning.

Allen Wealth Advisors Is Now Part of ClearPoint Wealth Management

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Allen Wealth Advisors Is Now Part of ClearPoint Wealth Management

Allen Wealth Advisors is pleased to announce that the firm is now part of ClearPoint Wealth Management. The new partnership brings together experienced financial professionals who share a commitment to personalized guidance, careful planning, and long-term client relationships.

Go To ClearPoint Wealth Management

As part of this transition, Kay Allen, CFP®, founder of Allen Wealth Advisors, has become a partner with ClearPoint Wealth Management. Kay will continue working closely with existing and future clients while benefiting from the expanded knowledge, resources, and professional support of the ClearPoint Wealth Management team.

Kay founded Allen Wealth Advisors in 2018 to provide individuals and families in Colleyville, Southlake, Grapevine and surrounding areas with personalized, comprehensive financial guidance. Her approach has always centered on helping clients understand their finances, navigate investment decisions, and develop coordinated plans that support their lives and long-term goals.

Joining ClearPoint Wealth Management represents the next chapter in that commitment.

Allen Wealth Advisors is now part of ClearPoint Wealth Management. This partnership brings together two like-minded firms dedicated to helping retirees and pre-retirees make confident, well-informed financial decisions.

Clients will continue to work with Kay Allen and benefit from the expanded capabilities and collaborative team at ClearPoint Wealth Management.

What This Means for Clients

· The same trusted relationship and personal service you expect from Kay Allen CFP®.
· Continued Fiduciary Care: We always put client interests first.
· Serving Colleyville, Southlake, Grapevine, and surrounding areas.
· Access to a broader team of experts and comprehensive planning services.

Allen-Wealth-Advisors-Colleyville-TX-Fee-only-Certified-Financial-Planners- Now a Partner of Clearpoint Wealth Management - Personalized financial guidance and investment management

ClearPoint Wealth Management Services

ClearPoint Wealth Management specializes in comprehensive wealth management and retirement planning, particularly for retirees and individuals who are approaching retirement.

Go To ClearPoint Wealth Management

Services include:

Investment Management
At ClearPoint Wealth Management, we’re fiduciaries, which means we always put your best interests first: no commissions, no hidden fees, and no conflicts of interest.
We specialize in helping retirees and pre-retirees with $1M+ in assets turn complex retirement planning into a clear, actionable strategy. From income to taxes, investments to legacy, we bring structure to the decisions that matter most.
Comprehensive Financial Planning
ClearPoint Wealth Management helps clients bring the different parts of their financial lives together into one coordinated strategy. Financial planning may address income, investments, taxes, insurance, retirement goals, estate considerations, and other important financial decisions.
Retirement Income Planning
The ClearPoint Wealth Management team helps clients determine how to convert accumulated savings and investments into a dependable retirement income strategy. This can include evaluating withdrawal rates, income sources, spending needs, and the long-term sustainability of a retirement plan.
Estate Planning Coordination
ClearPoint Wealth Management helps clients organize their financial affairs and coordinate with qualified estate-planning attorneys when legal documents or specialized legal advice are needed. Planning may include beneficiary designations, wealth-transfer goals, legacy planning, charitable intentions, and the orderly transfer of assets.
Proactive Tax Planning
Tax planning is incorporated into the broader financial strategy rather than treated as a separate year-end concern. ClearPoint Wealth Management helps clients evaluate opportunities to reduce taxes, improve tax efficiency, and better coordinate investment and retirement decisions.
Medicare and Health Insurance Guidance
Through coordinated relationships with insurance professionals, clients can receive assistance understanding Medicare, health insurance, and benefit options. This guidance can be especially valuable when preparing for retirement or transitioning away from employer-sponsored coverage.
Social Security Planning
ClearPoint Wealth Management helps clients evaluate when and how to claim Social Security benefits. The goal is to coordinate Social Security with retirement income, taxes, life expectancy, spousal benefits, and other available resources.
Charitable Giving Strategies
Clients who want to support charitable organizations can receive guidance on integrating philanthropy into their broader financial and tax plans.
Ongoing Wealth Management
Financial planning is not a one-time event. ClearPoint Wealth Management provides ongoing monitoring, guidance, and plan adjustments as clients’ circumstances, financial markets, tax rules, and personal goals change.

Allen-Wealth-Advisors-Colleyville-TX-Fee-only-Certified-Financial-Planners - Now a Partner of Clearpoint Wealth Advisors 2026 - Ready to start planning your financial future

A Broader Team With the Same Personal Commitment

The ClearPoint Wealth Management professional team includes financial planners, a CPA and tax advisor, an insurance and Medicare specialist, and access to estate-planning support. This collaborative structure helps clients address interconnected financial decisions more efficiently.

For Allen Wealth Advisors clients, this partnership is designed to provide greater depth and continuity without losing the personal relationship that has always been central to Kay’s work.

Kay remains committed to helping individuals and families understand their financial choices, make informed decisions, and build plans that reflect what matters most to them.

Allen-Wealth-Advisors-Colleyville-TX-Fee-only-Certified-Financial-Planners- Now a Partner of Clearpoint Wealth Management 2026 - ClearPoint Wealth Management Services

Moving Forward With Greater Clarity

Becoming part of ClearPoint Wealth Management strengthens the services and resources available to Allen Wealth Advisors clients. It brings together personalized financial guidance, investment management, retirement planning, proactive tax strategy, and estate-planning coordination within a more comprehensive wealth-management experience.

Together, Allen Wealth Advisors and ClearPoint Wealth Management will continue helping clients move forward with greater clarity, confidence, and purpose.

Ready to start planning your financial future?

Get in Touch

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Southlake Retirement Planning – The Secure Act Overview

Written by Allen Wealth Advisors on January 9, 2020. Posted in Allen Wealth Advisors Colleyville TX, Colleyville Fee-Only Financial Planning, Colleyville Financial Planning Tips, Southlake Financial Planning.

The Secure Act Overview in 2020

Retirement Planning Changes to Know
for Southlake Retirees

The Secure Act Impact Southlake Retirement Plan Review

On December 20, 2019 – while you were preparing for Christmas – The Secure Act was signed into law.

SECURE stands for Setting Every Community Up for Retirement Enhancement.

What is The Secure Act?

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is a bipartisan bill designed to aid Americans’ ability to save for retirement. The bill seeks to improve the country’s retirement prospects.

The bill passed the U.S. House of Representatives in a 417-3 vote in July 2019. And was then passed by the Senate, as part of the Dec. 19, 2019, spending and tax-extension bills. It was signed into law by President Donald Trump on Dec. 20, 2019.
SECURE Act, Investopedia

Financial Planning Impact of The Secure Act?

Secure Act Impact

Some of the changes will generate questions –
and will likely require professional financial planning advice.

The Secure Act now allows annuities to be put in 401k plans – Many annuities offer guaranteed income, which is attractive, but they can be very complex investments and it would be wise to consult with an investment advisor before making this choice
The stretch benefit of IRA’s has been eliminated for most non-spousal beneficiaries.
This rule goes into effect on January 1, 2020 – but does not affect anyone who inherited IRAs and started taking required minimum distributions before to this date.
Prior to the passage of this act, many beneficiaries could “stretch” the benefits of their inherited IRA over their lifetime – meaning they could take minimum annual distributions based on their age.
Now, unless you are a spouse, most IRA’s will have to be paid out within 10 years.
This could have a big income tax impact on someone in their peak earning years.
It also has impact on young beneficiaries who might not otherwise come across a large sum of money in a relatively short period of time.

Some Helpful Secure Act Provisions Include:

Small businesses will receive tax incentives to set up retirement plans with automatic enrollment.
Alternatively, employers can pool together to share access to retirement plans.

Other Secure Act Improvements Include:

- The age for required minimum distributions is increased from 70.5 to 72.
- The maximum age for making contributions to traditional IRAs was removed.
Need a Retirement Plan Review in Southlake?
Allen Wealth Advisors

Contact Us

Southlake and Colleyville Fee-Only Financial Planning
Allen Wealth Advisors

Retirement Planning Investment Management Financial Planning for Women

Allen Wealth Advisors is a fee-only advisory.
Our advisors are Certified Financial Planners®.

• We are paid directly by clients for our services and cannot receive other forms of compensation.
• We act as a fiduciary, meaning: We are obligated to put our clients’ interests first.

How Can Allen Wealth Advisors Be of Assistance?

Contact Us

Allen Wealth Advisors, Colleyville TX
We serve Colleyville, the Dallas Fort Worth Area and the U.S.
Including the cities of Colleyville, Southlake, Grapevine, Keller, North Richland Hills, Hurst, Euless, Bedford, Flower Mound, Argyle, Lantana, Double Oak, Copper Canyon, Highland Village, Denton and surrounding areas.

10 Critical Financial Planning Tips for 2020

Written by Allen Wealth Advisors on December 31, 2019. Posted in Allen Wealth Advisors Colleyville TX, Colleyville Fee-Only Financial Planning, Colleyville Financial Planning Tips.

January is the Time for Financial Resolutions

Resolve to have a Happy New Year 2020!

Click to View: 10 Basic Critical Financial Planning Tips for 2020
Basic financial planning needed to get control of (and grow!) – wealth in 2020.

Allen Wealth Advisors - Financial Planning Tips for 2020

Allen Wealth Advisors Financial Planning 2020

At Allen Wealth Advisors, we get to know you – and your unique situation – as well as your goals for the future. At the beginning of the New Year is an ideal time to create Financial Resolutions and Financial Planning for 2020.

In our experience – these 10 Basic Tips for Financial Planning have the greatest impact.

Need Advice on Your Financial Plans?

We assess your current situation and provide you a roadmap to help you achieve your personal goals. We then help you implement your plan providing you the tools and professional guidance necessary to accomplish your goals.

Financial Planning for Women Investment Management Retirement Planning

Customized Financial Planning and Investment Management Strategies

We provide customized Financial Planning and Investment Management strategies to women, families, individuals, and small businesses.

Our goal is to provide the highest quality advice and service to help you meet your needs and goals. We treat you the way we would want to be treated.

We act as a fiduciary, meaning: We are obligated to put our clients’ interests first.

Contact Allen Wealth Advisors

10 Basic Critical Financial Planning Tips for 2020

Allen Wealth Advisors - Basic Critical Financial Planning 2020

The financial planning tips below are the basics needed to get control of (and grow!) – wealth in 2020.

1. Pay off Credit Card Debt each month.
One of the best gifts you can give yourself if to be debt free. This requires self-discipline. Don’t charge something unless you really need it and make sure you pay off your credit card each month.

2. Pay off high interest rate debt as soon as possible.
Make a plan to reduce high interest rate debt as soon as you can. Even paying $10-$20 more per month will help put you on the right path.

3. Review your insurance.
Make sure you are adequately covered in:
• Life insurance – will there be enough for your survivors should something happen to you?
• Disability insurance coverage – if you have a serious injury or long-term illness, will your disability insurance replace enough of your income?
• Long Term Care – do you have enough set aside to cover 2-3 years of long- term care costs?
• Property and Casualty Insurance – are you adequately covered on your home, auto and umbrella policies?

4. Get will and estate documents done.
If you have any dependents – parents, spouse, children, or assets that you would like disposed of in a certain way, you need a will and possibly other estate documents such as a trust.

5. You will also need other estate associated documents:
• Medical and Durable Powers of Attorney
• Physician Directives
• HIPAA

6. Have a tax review to ensure you are taking advantage of all deductions and tax credits
The tax code can be incredibly complex particularly at higher income levels. Don’t leave any money on the table.

7. Get an Investment Review.
Are your personal investments and retirement investments balancing your risk-taking ability with your financial needs? Make sure you are invested in most efficient way possible for your profile. Contact Allen Wealth Advisors for Investment Reviews and Investment Management.

8. Build a small business succession plan.
Owning a small business is no easy task. See a financial advisor to make sure you are leaving your business in capable hands, and that your family is compensated adequately should the unexpected occur.

9. Start a Retirement Plan for your small business.
If you have a small business, have you looked at the array of employee benefits that would enhance your workers lives as well as help reduce your taxes? Retirement Planning

10. Get a Financial Plan.
This is the most important goal of all – because it can help facilitate goals 1 through 9.

Be sure to Call Allen Wealth Advisors to get your financial life in order.

And remember….
Having no plan is not a plan!

Colleyville Fee-Only Financial Planner – Allen Wealth Advisors

Allen Wealth Advisors is a fee-only advisory. Our advisors are Certified Financial Planners®.

• We are paid directly by clients for our services and cannot receive other forms of compensation.
• We act as a fiduciary, meaning: We are obligated to put our clients’ interests first.

How Can Allen Wealth Advisors Be of Assistance?

Allen Wealth Advisors, Colleyville TX
We serve Colleyville, the Dallas Fort Worth Area and the U.S.
Including the cities of Colleyville, Southlake, Grapevine, Keller, North Richland Hills, Hurst, Euless, Bedford, Flower Mound, Argyle, Lantana, Double Oak, Copper Canyon, Highland Village, Denton and surrounding areas.

Photo Copyright: Bernard Bodo
Photo Copyright: THANANIT SUNTIVIRIYANON
Photo Copyright: Andriy Popov

Allen Wealth Advisors - CERTIFIED FINANCIAL PLANNER™ Dallas Fort Worth

Kay Allen – Amazing Local Woman Inspiring Others with Attitude and Actions

Written by Allen Wealth Advisors on September 2, 2019. Posted in Allen Wealth Advisors Colleyville TX, Colleyville Fee-Only Financial Planning.

Kay Allen in July 2019 Society Life Magazine

• Local Women Who Are ‘Inspirational, Accomplished and Engaging’ •

Kay Allen CFP® was featured in the July 2019 issue of a local Colleyville publication, Society Life Magazine.

She was profiled as one of the “Ten Amazing Local Women Who Inspire Others With Their Attitude and Actions – Inspirational, Accomplished and Engaging“.

“I am honored to be recognized.”
Kay Allen, Certified Financial Planner®

Kay’s Business Philosophy

“When faced with a decision, I use the Rotary Club ‘4 Way Test’:

• Is it the truth?
• Is it fair to all concerned?
• Will it build good will and better friendships?
• Will it be beneficial to all concerned?”

Kay Allen CFP® – Allen Wealth Advisors Owner and Founder

Colleyville Rotary Club – Officer and Past President
Grapevine Colleyville Education Foundation – Treasurer
Colleyville Chamber of Commerce –
Chairperson Board of Directors

Financial Planning Association DFW – Member
Certified Financial Planner – CFP Designation 2011
Featured in Money Magazine
2019 Dancing for the Stars – Colleyville Rotary

Allen Wealth Advisors is a fee-only advisory providing customized Financial Planning and Investment Management strategies to women, families, individuals and small businesses. We have a fiduciary obligation to our clients. Our goal is to provide the highest quality advice and service to help you meet your needs and goals.

About Kay Allen

From Society Life Magazine

Kay Allen started her career in banking as a Branch Manager for a small bank in Kansas. She received her undergraduate degree in Business Finance from Kansas State University.

When she moved to Texas, she transitioned to Bank Consumer Compliance auditing. As a young mother of three children, Kay did Consumer Compliance consulting work and was able to create a more flexible schedule for her young family. In 2009, she decided to pursue her love of Financial Planning.

Kay earned her Certified Financial Planner CFP® in 2011 and she’s been doing Financial Planning ever since. Kay admits that she loves this career path because she loves the people she gets to work with and she learns something new every day.

When asked about her greatest professional accomplishment, she says: “I’ve been honored to speak at a conference of my peers but by far, my greatest accomplishment and joy is when I’m able to help my clients achieve a financial goal – or solve a difficult problem. I recently did some pro-bono work where I was able to help a wonderful older woman avoid bankruptcy and remain in her home.” It’s exactly these types of challenges that are the source of her pride.

Kay has a passion for education and most of her current and past organization or board involvement has been associated in some way with furthering education opportunities within her community. Her goals for the future include writing a book about the economy and how it impacts the financial markets. “I know it may sound boring, but there are so many myths and misunderstandings that I’d like to tackle.”

She is married with three adult children who all live and work in Texas. And at the end of a long day, she says there’s nothing better than changing into a t-shirt and yoga pants, sharing dinner and relaxing with my family.

Allen Wealth Advisors Financial Planning for Women

In general, women are more likely to want their relationship with money to be linked to their values, goals and priorities.

Kay strongly believes that women need to engage in financial planning. Often women find themselves in a state of transition and face a unique set of challenges.

Whether single, divorcing, or widowed – Kay works with each individual to develop a financial plan. She provides strategies to help navigate difficult financial situations and put clients on a clear path to financial security.

We act as a fiduciary – putting the needs of our clients first. We work with our clients to educate them regarding financial planning and investments. And then we find the best solution for the unique needs of each individual.

Allen Wealth Advisors Investment Management

When we manage your investments, we analyze your risk tolerance, time horizon, and goals to develop a well-diversified portfolio to meet your needs.

Our goal is to be very transparent.

We explain our core investment philosophy, informed by academic research – so that you will understand the investment decisions made. And we assist clients in understanding how we navigate through changing and sometimes volatile markets to your financial security.

Allen Wealth Advisors Retirement Planning

Many people come to us as they approach retirement with an array of retirement benefits acquired during their careers.

We help our clients make sense of all available financial tools.

Allen Wealth Advisors act as a fiduciary, putting the needs of our clients first. We advise clients how to meet income and long-term goal needs in a sustainable, tax efficient manner.

How Can Allen Wealth Advisors Be of Assistance?

Non Deductible IRAs and ROTH Conversions

Written by Allen Wealth Advisors on June 5, 2019. Posted in Allen Wealth Advisors Colleyville TX, Colleyville Fee-Only Financial Planning, Colleyville Financial Planning Tips.

Little Known ROTH Conversion Requirements

· Non Deductible IRA Tax Deferred Income Growth ·

Colleyville Financial Planning Tips

Most of us have heard of Traditional IRA’s and Roth IRA’s as tools for tax free or tax deferred income growth.

Less well known are the benefits and rules regarding Non Deductible IRA’s – which can also be a valuable tool for retirement savings.

What is a Non-Deductible IRA

Like a Traditional IRA, there are no maximum income limits on who can contribute to a Non Deductible IRA. But there is a minimum income level: you cannot contribute more to this IRA than you earn.

And, as the name indicates – this type of IRA cannot be deducted from your income for a tax benefit. The same withdrawal rules apply to the Non-Deductible IRA as to the Traditional IRA. So you must be 59 ½ for money to be taken out penalty free. When money is taken out of the Non-deductible IRA, taxes are paid on the gains from the investments.

Roth IRA Conversion

While the most obvious benefit of a Non-Deductible IRA is the tax deferred earnings – another thing to consider is using it as a precursor to a Roth IRA conversion. There are no longer income limits on those wishing to convert traditional IRAs to Roth IRAs. Roth IRAs are an especially attractive retirement vehicle since the earnings grow tax free.

‘Backdoor’ Roth

This can be a valuable tool especially if you don’t currently have any IRA’s. To convert a Non-deductible IRA to a Roth, taxes must be paid on any earnings in the Non-Deductible IRA. If there are no earnings, no taxes are paid.

This is referred to as a “backdoor Roth”. However, if you have an existing traditional IRA, form 8606 must be completed at tax time. Taxes may be owed on a portion of the converted IRA – depending on how much is in the existing traditional IRA. In this situation, it is advisable to review your particular situation and evaluate if it is in your best interest to convert.

Non-deductible IRAs and “Catch Up” Contributions

Who should consider a Non-deductible IRA? High Income earners who have already maxed out their retirement contributions to a company 401k and Health Savings Accounts and who are looking for additional tax deferred savings. For these individuals, $6000 can be contributed annually or if you are over 50, you can make a “catch up” contribution of $1000 for a total contribution of $7000 annually.

Colleyville Financial Planner

If you don’t have any other traditional IRAs, this is a no-brainer. If you do have an existing traditional IRA, you may wish to consult your Financial Advisor or Accountant before proceeding.