Evensky

"You potentially lose the active-management benefit of picking good hedge-fund managers," says Evensky's Mr. Jones.

New Twist on Hedge Funds Tom Lauricella 2011

Evensky & Katz Harold Evensky But apart from these additions, Mr. Evensky, president of Evenksy & Katz Wealth Management LLC in Coral Gables, Fla., is broadly sticking with his core-and-satellite approach to investing: The bulk of clients' money is in index-tracking stock funds and some bond funds, and a smaller portion is in investments that he thinks will benefit in a one- to two-year period.

Advisers Preach Caution Shefali Anand 2011

But for now, it is leaning toward staying in, said Harold Evensky, the firm's president.

European Debt Crisis Threatens U.S. Money Market Funds 2011

"For the retail investor, it is as good a way as any to access the return streams of the hedge-fund universe," says Lane Jones, chief investment officer at financial advisers Evensky & Katz in Coral Gables, Fla.

New Twist on Hedge Funds Tom Lauricella 2011

"It's definitely a good time to be a landlord," says Brett Horowitz, a financial adviser at Evensky & Katz in Coral Gables, Fla.

Want a Job? Become a Landlord. Tom Lauricella 2011

Evensky & Katz, a registered investment adviser in Coral Gables, Florida, with $700 million in assets under management, is considering whether to pull out of money market funds.

European Debt Crisis Threatens U.S. Money Market Funds 2011

It's not uncommon to find professionals like Mr. Evensky going strong well into their 60s and 70s—and proud of it.

Older but Wiser: Middle Age Is a Prime Time for Finance Jonathan Burton 2011

"Most people aren't terribly organized about their finances," says Deena Katz , chairman of Evensky & Katz, a Coral Gables, Fla., financial-planning firm, and an associate professor at Texas Tech University's personal financial planning division.

Getting Clients to Take Action Jaime Levy Pessin 2012

"The older you get, the smarter you get," says Harold Evensky , a 69-year-old financial adviser based in Coral Gables, Fla.

Older but Wiser: Middle Age Is a Prime Time for Finance Jonathan Burton 2011

You're able to be more patient with your investment portfolio, says Lane Jones , chief investment officer of Evensky & Katz LLC in Coral Gables, Fla.

Which Way to Retirement? Kelly Greene 2011