The Ascent with Crestmont Private Wealth - ETFs

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  Alec Walker in Houston:  831-280-5288  Sam McGee in Boerne: 830-368-2898See omnystudio.com/listener for privacy information.