The Ascent with Crestmont Private Wealth - ETFs

Описание: Join Sam McGee, CEO of Crestmont Private Wealth, for a comprehensive overview of Exchange Traded Funds (ETFs) and how they differ from traditional mutual funds.


In this episode, you'll learn:


✅ What ETFs are and how they work


✅ The evolution from mutual funds to ETFs


✅ Key differences: intraday trading vs. end-of-day pricing


✅ Tax efficiency advantages of ETFs


✅ Lower costs and broader access


✅ Important factors to consider when evaluating ETFs


Whether you're a beginner investor or looking to understand modern investment vehicles, this educational guide breaks down the complex world of ETFs into easy-to-understand concepts.


Disclaimer: This content is for informational purposes only and does not constitute investment advice. Consult with a qualified financial advisor and CPA for personalized guidance.


Timeline with Chapters


0:00 - Introduction & Welcome


Welcome to The Ascent podcast with Sam McGee from Crestmont Private Wealth


0:31 - What Are ETFs?


Overview of Exchange Traded Funds and why this topic matters


0:57 - History of Investment Evolution


How the financial services industry evolved from the 1920s to today


2:01 - The Rise of Mutual Funds


How mutual funds provided access to diversification for average investors


3:43 - Tax Inefficiency of Mutual Funds


Understanding the pass-through taxation problem with mutual funds


5:02 - Birth of the ETF Industry


How the 1987 crash and tech bubble led to ETF development


5:41 - How ETFs Work


Exchange trading and intraday pricing explained


6:38 - ETFs vs Index Funds


How ETFs mimic indexes like the S&P 500


7:42 - Cost Advantages of ETFs


Lower costs and broader access compared to mutual funds


8:33 - Tax Efficiency of ETFs


How ETFs provide better tax treatment than mutual funds


9:04 - Free Trading & Lower Costs


How custodians now offer commission-free ETF trading


9:56 - Book Recommendation


CFA Institute's comprehensive guide to ETFs


11:23 - What to Consider When Choosing ETFs


Evaluating liquidity, market cap, track record, and costs


13:14 - Closing & Contact Information


How Crestmont evaluates ETFs for clients and final thoughts


Original Air Date: February 14, 2026 at 8:30am as heard on Boerne Radio 103.9FM


Contact:  www.crestmontpw.com (https://www.crestmontpw.com)  


Alec Walker in Houston:  831-280-5288 


Sam McGee in Boerne: 830-368-2898


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