PROFESSIONAL PROFILE
Scott D. Carmony, MBA, AAMS®
Professional Approach
Scott began his second career as a financial advisor with Edward Jones Investments in 2003. In 2010, he established Carmony Asset & Wealth Advisors together with Shari Gabbard, Senior Administrative Manager. Most of his previous career was spent in sales, marketing and business development for an international corporation. He received an undergraduate engineering degree from Purdue University and earned his Masters in Business Administration with a concentration in Finance from the Kelley School of Business at Indiana University.
Scott was born in, and currently resides in, Shelbyville, Indiana after returning from a stay in the Carolinas for a number of years. The Carmony family first came to the community in 1828. He has been heavily involved in community activities such as the Shelbyville Rotary Club, Blue River Foundation, Major Hospital Foundation, and Shelby County United Fund and has served on several not-for-profit boards (Past President of Shelby County Chamber, Past President of the Quality of Life Coalition for Shelby County). His wife is Laura Carmony. They have two children, Megan and Drew, and six grandchildren. They are members at the Shelbyville Community Church.
Carmony Asset & Wealth Advisors’ foundational principles are stewardship and service. We pursue financial excellence by maintaining our passion for being client-focused and having a commitment to providing a positive client experience in all aspects. We follow a consistent process in order to seek predictable, reliable financial results.
To work toward this, we first gather information by exercising due diligence through collaboration with the client and establishing objectives, both financial and subjective.
We then establish a documented plan based on that due diligence with the client. The plan is discussed, making any necessary adjustments. No action is taken until the client approves the completed investment strategy and service plan. The investment and service programs are then implemented at Carmony Asset & Wealth Advisors. The client is notified of completion.
The plan is monitored on an ongoing basis for performance, risk management and fit. Communication is driven by client preference and significant events. The process is continual with adjustments being made as necessary.
Our philosophy is to provide individualized investment products and services without any restrictions to any product necessary or desired. The approach is consultative rather than transactional. Risk management is equally important as rate of return. Subjective preference and values are important considerations along with objective financial results. While individual attention is employed, programs are not evaluated and implemented in a vacuum. Professional, third party research and opinions are heavily employed with frequent collaboration with subject matter experts at our fingertips. Continuing education is formalized in accordance with regulations and is a continual activity.
Expenses are scrutinized. Costs are investments when they bring value specifically to the client and are competitive in the marketplace. They are eliminated if they do not meet that criteria. We are cognizant of and knowledgeable in the areas of tax management and business or estate planning. We recommend that we openly confer with the client’s tax and legal professionals.