About Us
Our Mission: We're Here to Help Add More Certainty to Your Financial Future
McKenzie Financial Group is a full-service financial firm dedicated to helping those in the Myrtle Beach, SC area meet their long-term financial goals. Our team of financial advisors and wealth managers is experienced in helping clients preserve their savings so they can use it as a source of a steady income in retirement.
4 Ways We Can Help You Achieve Your Ideal Retirement
Risk Reduction
Our Income-based approach to planning and saving for retirement can help to reduce your exposure to market risk and economic uncertainty.
Income Generation
Our focus on income-generating investments means we can help you establish renewable streams of income you can count on throughout retirement.
Tax Minimization
Our tax savings strategies can help you avoid paying more in taxes than you are legally obligated to.
Social Security Maximization
We’ll help to ensure you’ve done all you can to maximize your Social Security benefits, so you can avoid leaving money on the table from this important retirement resource.
5 Things That Set Us Apart
Since many financial advisors today got into the business during the 1980s and 90s in what was the fastest growing stock market in U.S. history, their area of “knowledge” became the stock market, not the bond market. Frankly when they do fixed income, it’s merely an afterthought and most will simply use bond mutual funds. The problem? Bond mutual funds carry risks, fees, and tax implications that can be reduced by investing in a portfolio of individual bonds and bond-like instruments. That’s why we invest client money in individual bonds and bond-like instruments and avoid bond funds.
We learned during the Financial Crisis of 2007-2009 that many of those AAA-rated Mortgage bonds that were about to default had ratings that were far too generous. That’s why we look beyond these ratings and research the actual financials and management of the issuers themselves.
Most advisors will purchase bonds and bond-like instruments at current market prices, which means if the market happens to be up, their clients are probably overpaying. That’s why we use limit orders when buying bonds and bond-like instruments on our clients’ behalf. That way if the prices of those securities happen to be up that day, our clients won’t overpay.
When you’re buying stocks and stock mutual funds, the commissions and/or trading fees are required to be 100% transparent. The underlying issue with bonds and bond-like instruments is that the clearing houses don’t have to disclose to the client, broker, or investment advisor how much extra they’re tacking on to the price of the bond or bond-like instrument they own. That’s why we’ve invested in technology that allows us to find out who is buying and selling various bonds or bond-like instruments at any given time. This knowledge gives us the ability to go directly to the buyers or sellers, and to negotiate the best price, almost on a wholesale basis, for our clients.
The active management of individual bonds and bond-like instruments allows us to continually identify and act upon opportunities to help maximize returns for our clients—seeking to help maximize income first and provide opportunities for growth second. To do this, we use a variety of strategies, including proactively swapping bonds and bond-like instruments to get a higher current yield, as well as swapping bonds and bond-like instruments to get a higher yield in the future by getting a better purchase price today. We can also swap bonds and bond-like instruments defensively to get a more secure bond with a higher rating or a shorter-term bond.
Looking For a Trusted Financial Advisor?
All of our advisors are fiduciaries. That means they are held to the highest regulatory standard, and legally obligated to always act in your best interest.
Our Advisors are Income Specialists
Every advisor with our firm understands the best ways to help you better protect your savings so you can use it to generate ongoing income in retirement.
What Our Clients Are Saying!
Check out what some of our clients are saying about us.
5/5
Big Ds BBQ Trough
Myrtle Beach, SC
Talking with Scott opened our eyes up to a world of possibilities that we were not aware of! He was really easy to talk with and super helpful with all of our questions. McKenzie Financial Group stays up to date with new things coming out that may be helpful to us!
5/5
Mindy Boyd
Myrtle Beach, SC
McKenzie Financial is a great financial planning group. Very helpful and friendly. Great customer service.
*Disclosure – Unpaid client testimonials.