“I take great care to understand a client’s nature. Investment portfolios must reflect a client’s temperament for risk.”
Pete has more than forty years of experience in the securities industry. His approach to investment planning remains unchanged: to observe client risk tolerances, to use low-cost investment vehicles, and to employ regular portfolio rebalancing. Pete’s clientele includes members of the legal profession and their clients, small business owners, and medical professionals.
Pete served in the US Air Force as a Captain and Special Agent of the Office of Special Investigations from 1968 through 1972. Returning to the private sector, he worked with the Metropolitan Development Board, then began his securities career at Reynolds Securities in Birmingham. He was a practicing CFP® from 1979 till 2016. He founded PinOak Advisors in 1969 and served as a fee-only investment planner and manager until 2012, when he joined Bridgeworth, LLC. Subsequently, Pete founded McCarn Enterprises, an import/export business, and later served as Qualifying Broker for two Alabama real estate projects.
Pete is an officer and long-time member of the St. Andrew’s Society of the Middle South and the Society of the Revolution. He enjoys golf, but doesn’t play nearly enough. He served as President and Chairman of the Board of the Financial Planning Association of North Alabama. With his wife, Dana, he is active in professional and civic organizations. They are enthusiastic members of St. Marys-on-the-Highland’s Episcopal Church.
- Financial Planning Association of North Alabama: Member, President, 2008
- Society of the Revolution in the State of Alabama: Member
- Positive Maturity: Board of Directors, 2015-Present
- St. Andrew’s Society of the Middle South: Member
- St. Mary’s on the Highlands Episcopal Church: Member, Endowment Trust, Chair, 1975
- Birmingham Aero Club: Member
Favorite local restaurant?
Things That Matter by Charles Krauthammer
Favorite dance move?