Alan McKnight, MBA, CFP®
| Other Names: |
William Alan McKnight
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RIA |
Description
Alan McKnight, MBA, CFP® is Vice President/Partner and Manager of Client Relations for Kays Financial Advisory Corporation. His primary responsibility is to assist clients in clarifying their financial goals and objectives and to recommend those strategies that will help them achieve financial success. Alan helps to ensure
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that all of the critical areas of our clients’ personal finances – Retirement Planning and Income, IRA Distributions, Asset Allocation, Investments, Basic Tax Planning, Estate Planning and Insurance – are coordinated and working properly. Alan has worked with hundreds of individuals and families throughout his career. Our clients take comfort in Alan’s experience, commitment to meeting clients’ needs, attention to detail and service-oriented approach. Please feel free to schedule an appointment with Alan if you have any financial planning related questions or need a financial check-up.
Alan graduated in 1984 from Southern Polytechnic State University with a Bachelor in Engineering Technology; he also earned a Master of Business Administration with an emphasis in Financial Services from Kennesaw State University in 1992. Alan is a graduate of the College for Financial Planning and obtained the Certified Financial Planner® designation in 1997.
Mr. McKnight is an active member in the Financial Planning Association. He is also a member of the Investment Management Consultants Association and a member of Ed Slott’s Master Elite IRA Advisor Group.
Mr. McKnight has been quoted frequently in the Atlanta Journal-Constitution on many types of personal financial planning issues and was a featured speaker at their 1st annual Money & More Personal Investment Seminar held at the Georgia World Congress Center in September 1998. He has also been quoted frequently in professional journals such as Financial Advisor and the Journal for Financial Planning. Alan also co-hosts the weekly radio show ‘Smart Money’ with Scott Kays, which airs on WGST, Atlanta’s second largest talk radio station.
Mr. McKnight has also been a community leader with America Online’s Personal Finance bulletin board and volunteered for Crown Financial Ministries helping families with their personal financial needs.
Mr. McKnight is also a Senior Faculty member and professor at the Keller Graduate School of Management in their MBA Program where he teaches Personal Financial Planning, Securities Analysis, Derivatives, Management of Financial Institutions, Mergers and Acquisitions and Managerial Finance. Alan’s students consistently rate him as one of the top instructors in the business school. He was the SME for the redevelopment of the University’s graduate level Personal Financial Planning curriculum and was awarded the “Excellence in Teaching” award in 2000 for attaining a perfect rating from his students.
As an avid martial artist, Alan earned his 2nd Degree Black Belt in Tae Kwon Do and is internationally certified by the Kukkiwon World Tae Kwon Do Headquarters in Seoul, Korea. Alan, Barbara and their two daughters are active members of Johns Creek Baptist Church where he has served as an active Deacon, Deacon Treasurer, member of the Stewardship Committee and Bible study leader. Alan is also a member of the Atlanta Athletic Club, and his other hobbies include golf and fishing.
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Answers and Guides
Level 17
Level 17 Contributor
11 Answers and 0 Financial Guides
Top Answers
Answered Apr 26, 2012
near Atlanta, GA
The simple answer to your question is that all other things being equal, a 1% difference is huge over time. Now that begs the question, is the 1% that I am paying an active mutual fund manager going to give me better performance than simply uisng an
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The simple answer to your question is that all other things being equal, a 1% difference is huge over time. Now that begs the question, is the 1% that I am paying an active mutual fund manager going to give me better performance than simply uisng an index fund or an ETF. In my experience, I have found that most active mutual fund managers do not be their respective indices. For example most large cap managers do not beat the S&P 500, mid cap managers generally don't beat the S&P mid cap index, and small cap managers do not beat the Russell 2000. Of course there are exceptions as there are many good managers. Studies have shown, and so has my experience, that sector selection is more important than individual stock selection. Thus making ETFs and index funds very attractive. As far as Target Date Funds are concerned, some will have lower fees and others will have jsut as high of fees as any other mutual fund. Vanguard, T. Rowe Price and Fidelity are big players in that market, but the fees vary widely because they are either bundling index funds or actively managed funds.
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Answered Apr 26, 2012
near Atlanta, GA
There is not set rule or answer to this question. While a single premium immediate fixed annuity (SPIA) can give an investor an income stream that he or she cannot outlive, most of the SPIAs have pretty low payouts and internal rates of return because
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There is not set rule or answer to this question. While a single premium immediate fixed annuity (SPIA) can give an investor an income stream that he or she cannot outlive, most of the SPIAs have pretty low payouts and internal rates of return because interest rates are so low. So this may or may not be a good idea for her. There are certainly other alternatives that may give her better guarantees like a fixed indexed annuity with a guaranteed income rider. Of course any fixed annuity option will require her to make make long term committment with those dollars. She should probably sit down with a fee-only advisor first and pay them for an analysis. It is way too easy to simply hand your money over to a salesperson with little or no thought of suitablity. I have no problem philiosophically recommending a fixed annuity product with a "portion" of a client's money as long as it is suitbale for them.
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Answered May 21, 2012
near Atlanta, GA
Keep in mind since SBUPX is a B share fund that you may be subject to a back end load (contigent deferred sales charge CDSC) that typically lasts about 5 years from the date of purchase on a typcial B share fund. The custodian would know if there is
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Keep in mind since SBUPX is a B share fund that you may be subject to a back end load (contigent deferred sales charge CDSC) that typically lasts about 5 years from the date of purchase on a typcial B share fund. The custodian would know if there is a charge. Most B share will automatically convert to A shares after this period is up. The reason the expenses are higher in a B share than an A share is that you are paying and extra 1% 12b-1 fee to cover the commission fronted the broker. Once it's an A share, that will go away. Even this fund's A share counterpart has very high expenses at 1.29%. I do like ETFs, but you need to undertand the consequences of switching first.
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Alan McKnight, MBA, CFP® has not contributed any Financial Guides on Financial Q&A.
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Advisor Information
Advisor Assets Under Management
$418.2K
Estimated Average Account Balance Per Client
*An individual AUM and number of accounts has been entered by the advisor and has not been verified.
Firm Client Types
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Individuals |
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High Net Worth Individuals |
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Pension and Profit Sharing Plans |
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Corporations or Other Businesses |
*The Client Types data displayed is firm level data as reported on the SEC ADV filing.
Experience and Employment History
*Experience and Employment History information reflects the past 10
years of employment as reported on the SEC ADV filing as of 09/24/2009, and is not a complete representation of the advisor's experience and
employment history. Furthermore, the advisor is required to provide this information only while registered with an investment advisor firm
and the information is not updated through Form U4 after the advisor ceases to be registered. Therefore, an employment date of "Present" may not reflect the advisor's current employment status.
Licenses and Conduct
| Regulator |
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License Status
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Registered
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Disclosures
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| As of Date |
09/24/2009
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*This advisor may not be SEC registered. The SEC maintains the database for state registered advisors as well as SEC registered advisors.
*A single dispute is often reported by both the SEC and FINRA and therefore will be reported as both an SEC dispute and FINRA dispute in this section.
Advisor Exams
| Exam |
Series |
Passed Date |
| Uniform Investment Adviser Law Examination |
Series 65 |
01/25/1997 |
| Uniform Securities Agent State Law Examination |
Series 63 |
01/18/1997 |
Advisor Compensation Arrangements
Fee Only
Advisor
This advisor has certified that they are compensated solely by their clients,
and do not accept commissions or compensation of any kind based on the products they recommend.
Types of Compensation Arrangements
|Hourly Charges+(5%25)|Percentage of Assets+(90%25))
