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Paul J. Carroll, CFP, Principal and Founder of Efficient Wealth Management.
 Having always been interested in the science and psychology of investing, Paul’s career and academic path have allowed him to experience many opportunities.
Paul graduated Summa Cum Laude from the University of Maryland, in 1985, with a Bachelor of Science degree in Business. He subsequently earned his Master of Science degree in Finance at Texas A&M University, graduating in 1987. At Texas A&M University, Paul was a member of the Beta Gamma Sigma honor society and today is a Century Club Member of the TAMU Association of Former Students.
After graduating, Paul worked as a consultant, often with aviation clients, first with Andersen Consulting (Accenture) and then with Ernst & Young. He then worked with Smith Barney as a Registered Representative. Paul held SEC Series 7 and Series 63 licenses during this period. The Series 7 is a six-hour battery of required tests given to Registered Representatives before they can sell stocks and funds to the public.
It was not long before Paul realized the inherent conflict in commission-investment sales. Dissatisfied with the direction the brokerage industry was taking, and finding it difficult to be motivated selling sub-par recommendations, Paul pursued other interests while simultaneously developing his own financial planning practice.
Today, Efficient Wealth Management is attracting clients by turning the Wall Street commission model on its head... and by accepting fee-only clients, Efficient Wealth Management has been able to offer credible quality advice that is both cost- and tax-efficient, and also seeks to provide the greatest returns available for an acceptable, pre-agreed, level of risk.
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