About The Founder
Matt Schwegman, CFP®, CPA
Matt Schwegman is the founder of Composed Financial Management, PLLC. He lives in Humble, T
X with his wife Christina, their beautiful daughter Lillian, and (Christina’s) dog Poncho. He has held his CPA license since 2008 and obtained his CFP® certification in 2016.
Prior to starting Composed Financial, Matt worked as an associate with a Big 4 Accounting Firm for 3 years from 2006-2008. He then joined a privately held aviation company as a Senior Regional Accountant.
He was selected to head up the clean-up of accounting for their French locations and traveled to Paris frequently during his first 2 years in their accounting division. After 2 years, he was promoted to Senior Financial Analyst in the Strategic Planning & Analysis division. Among other responsibilities, the latter position exposed Matt to forecasting, budgeting, financial reporting/profitability, and acquisitions.
This company was rapidly expanding, growing from around 800 employees when Matt started to nearly 2,000 when he left. This rapid growth allowed Matt to work on financial models used in acquisitions. He was responsible for the financial model, monitored the due diligence process, and traveled to the target locations to meet with the sellers. He was afforded the opportunity to work closely with sellers and see the close of acquisitions at Teterboro (New York), Greensboro, and Atlantic City, among others.
Matt received a Bachelor of Business Administration in Accounting and a Master of Science in Finance from Texas A&M University in 2006. He took a special interest in finance after taking a class taught by Dr. Sorin Sorescu in 2004. The professor presented his research on the market anomalies surrounding public companies’ earnings announcements. Matt Schwegman then began his own expansion of the work performed by Dr. Sorescu and Matt continues his own research to this day. Two years later he was granted enrollment into Texas A&M’s Tanner Fund Management class, a student-managed investment fund established with an alumni’s donation of $250,000, whose enrollment was competitively based upon GPR, activities, and other achievements.
Texas A&M University May 2006
State of Texas Registration
Investment Adviser Representative (CRD# 5967562)
Series 65 – Passed May 2011, Registered July 2011
Note: Registration does not imply a certain level of skill or training.
Certified Public Accountant (“CPA”) Certified in State of Texas January 2008
Education Requirements (satisfied in 2008):
Must hold bachelor degree or higher
Complete 150 semester hours
Complete 30 semester hours in upper level accounting courses
Complete 24 semester hours in upper level related business courses
Complete a 3 semester hour ethics course
Examination Requirements (satisfied in 2008):
Obtain a passing score of 70 or better in 4 separate sections of testing: Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, and Regulation. These 4 sections represent a total of 14 hours of testing.
Experience Requirements (satisfied in 2008):
Complete 1 year of work experience under the supervision of a CPA.
Once licensed, must complete 120 hours of Continuing Professional Education every 3 years, with a minimum of 20 hours each year.
CERTIFIED FINANCIAL PLANNER™ – certified June 2016
Education Requirements (satisfied in 2012):
Bachelor’s degree (or higher) from accredited university
Challenge Status satisfied by being a CPA (satisfied 2008 – see above)
Examination Requirements (satisfied in 2012):
Pass a 10-hour exam over a day and a half consisting of one four-hour session and two three-hour sessions.
Experience Requirements (satisfied 2016):
Complete 3 years of full-time relevant personal financial planning experience.
Ethics Requirements (satisfied 2016):
Complete the CFP® Certification Application.
Adherence to CFP Board’s Code of Ethics and Professional Responsibility, Rules of Conduct and Financial Planning Practice Standards.
Acknowledge CFP Board’s right to enforce the Code of Ethics through its Disciplinary Rules and Procedures.
Must pass the CFP Board’s Fitness Standards for Candidates and Registrants, which describe conduct that:
1) is unacceptable and will always bar an individual from becoming certified; and
2) is presumed to be unacceptable and will bar an individual from becoming certified unless the individual successfully petitions CFP Board’s Disciplinary and Ethics Commission for reconsideration.
Once licensed, must complete 30 hours of Continuing Education every two years.
Activities / Honors
Financial Management Association August 2003 to May 2005
National Society of Collegiate Scholars June 2003 to December 2005
Tanner Fund Manager Spring 2006
Student-managed investment fund established with an alumni’s donation of $250,000
Competitive enrollment based upon GPR, activities, achievements