SOURCE: FiComm Partners

FiComm Partners

February 18, 2016 09:00 ET

Index Fund Advisors Expands National Presence With Appointment Of Derick Kann, CFP® and Launch of Austin Location

AUSTIN, TX--(Marketwired - February 18, 2016) -

  • Index Fund Advisors announces the opening of  Austin, TX office
  • The launch coincides with the appointment of  Derick Kann as Senior Vice President, Wealth Advisor, who comes to the  firm with more than 20 years of wealth management experience

Index Fund Advisors, Inc. (IFA), a fee-only registered investment adviser and fiduciary wealth management firm based in Irvine, California, with $2.74 billion in assets under management as of year end 2015, announced the opening of a new office in downtown Austin, Texas along with the appointment of Derick Kann to manage the office.

Founded in 1999 on the principles of investing in risk-appropriate globally diversified portfolios of index funds, Index Fund Advisors has seen rapid growth, with assets under management more than doubling since 2010. By opening an office in Austin, IFA plans to support the financial planning needs of investors in Texas and across the Southwest. IFA is approved to invest client assets in the highly respected mutual funds from Dimensional Fund Advisors, which has its global headquarters in Austin.

"This expansion is an important part of our mission to educate investors about the advantages of investing in portfolios of index funds and the disadvantages of active investing," said Mark Hebner, Founder and President of Index Fund Advisors. "Derick comes to us with extraordinary experience and shares our dedication to wealth services with a fiduciary standard of care, incorporating the academic research of Nobel Laureates Harry Markowitz and Eugene Fama. We are thrilled to have Derick join our team."

Kann joins Index Fund Advisors with more than 20 years of experience in financial services. He was most recently a senior wealth manager at USAA Wealth Management Services and qualified for their top producer's Champion's Conference from 2013-2015. While at USAA, Derick specialized in providing financial planning to high net worth clients, with an emphasis on creating and preserving wealth and on family legacy planning.

"IFA and I share the same values when it comes to helping clients reach their retirement goals. A calm and rational focus that is reinforced by education, close client communications and an index funds approach to building and protecting wealth over time is crucial. I am thrilled to be supporting IFA's mission and contributing to their growth," said Kann.

Kann graduated from the University of Texas at San Antonio with a degree in business administration and holds an MBA from the University of the Incarnate Word. He is a member of the Financial Planning Association, and holds the CERTIFIED FINANCIAL PLANNERTM (CFP®), Chartered Financial Consultant (ChFC), Chartered Life Underwriter (CLU), Chartered Advisor for Senior Living® (CASL™), Chartered Mutual Fund CounselorSM (CMFC®), Chartered Retirement Planning CounselorSM (CRPC®) and Accredited Asset Management SpecialistSM (AAMS®) designations. He is also a registered corporate coach, and a lifetime member of the Delta Mu Delta business national honor society.

About Index Fund Advisors 

Index Fund Advisors, Inc. (IFA) is a fee-only registered investment adviser and provider of fiduciary wealth services. IFA's investment strategy focuses on risk-appropriate, globally diversified index fund portfolios for high net worth individuals, institutions and corporate and nonprofit retirement plans. Founded in 1999, and headquartered in Irvine, CA, IFA provides advice to over 2,200 clients throughout the country and manages $2.74 billion in assets under management as of December 31, 2015. For more information, please visit our website at www.ifa.com.

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