BASIN WEALTH MANAGEMENT

We provide tax-efficient investment advisory services to high-net-worth individuals in the Permian Basin.
We also provide tax preparation and financial planning for high-net-worth clients.

BASIN WEALTH MANAGEMENT

We provide tax-efficient investment advisory services to high-net-worth individuals in the Permian Basin.
We also provide tax preparation and financial planning for high-net-worth clients.

BASIN WEALTH MANAGEMENT

We provide tax-efficient investment advisory services to high-net-worth individuals in the Permian Basin.
We also provide tax preparation and financial planning for high-net-worth clients.

  
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Welcome to Basin Wealth Management

At Basin Wealth Management, we understand the complexities that accompany wealth. Our founder, Derek Robinett, has nearly two decades of investment advising experience. With that experience, complemented by his extensive knowledge of tax laws garnered as a CPA for the last ten years, we offer a unique service that no other advisor in the Permian Basin can offer.

Why Choose Basin Wealth When You Already Have a Good Financial Advisor?

Which professional would you rather entrust your savings to:  A investment advisor who manages your portfolio, but disregards the tax effects?  Or an investment advisor who manages your portfolio, but who also understands the Internal Revenue Code and can help minimize your tax burden and maximize your bottom line?

At Basin Wealth Management, we can not only aid you as your investment advisor, we can also prepare your tax returns*.  Then we can use the information in your tax returns to reduce your tax burden both now and in retirement – when you need it the most.

Remember – when it comes to investing, it’s not just how much you make – it’s how much you keep after taxes. 

“When the market goes down, you lose money.  But when the market goes back up,  you make it back.  But if you lose money to taxes, you’re never getting that money back.  That’s a one way street.  That’s why it’s critical to have an advisor that has invested in specialized knowledge in tax planning.  99% of advisors don’t make that investment.  Either they’re not trained, they don’t know, they don’t think it’s important, or they don’t want to put in the effort.  Either way, your retirement savings are at risk.”

-Ed Slott

*Tax preparation and planning services are offered by our affiliated CPA firm, Derek Robinett PLLC.  Cambridge does not provide tax preparation nor tax advice. 

Derek Robinett

CPA/PFS, CFA

Derek Robinett is a true wealth manager—not a salesman.  He is a well-educated, experienced financial executive.  As a CPA, Derek has been preparing complex tax returns for high net-worth individuals and businesses for over ten years.  As a CFA (Chartered Financial Analyst), he is proficient in creating and managing portfolios.  And as a PFS (Personal Financial Specialist), he is able to integrate his knowledge of investments and tax into your personal financial situation to help you reach your financial goals.  

Derek was raised in DeLeon, Texas, where he graduated from high school.  He attended Howard Payne University in Brownwood, TX. The following year, Derek enlisted in the US Marine Corps, where he served for five years as a Spanish Cryptologic Linguist at Lackland Air Force Base in San Antonio.

After leaving the Marine Corps in 2005, Derek began his career as a financial advisor at Ameriprise Financial. For the next few years, he worked in various roles in the financial services industry. Derek received his MBA in Quantitative Finance from the University of Texas at San Antonio in 2009. Since then, Derek has used his unique combination of education and experience to find new, improved ways of serving his clients’ financial and tax needs.

Derek enjoys his work because it allows him to make a meaningful impact on his clients’ lives. Locally, it also allows him to make a difference through his volunteer service to the financial service industry and for charitable and Christian efforts throughout the Permian Basin and beyond.

Today, Derek lives in Midland with his wife, Heather, who teaches at Midland ISD. They have two children, Emily and Ryan. Together, they enjoy music, theater, musical theater, traveling, and cooking on the patio.

View My Credentials

Professional experience:

  • Seven years as a CPA in a tax practice
  • Eight years as an investment advisory representative
  • Two years as an accountant in the oil & gas industry
  • One year as a compliance officer with the Texas Comptroller

Professional education:

  • Bachelor of Science degree in Spanish, Wayland Baptist University (2005)
  • Master of Business Administration, concentration in Quantitative Finance, University of Texas at San Antonio (2009)

Professional licenses:

  • Certified Public Accountant (2011)
  • Chartered Financial Analyst (2013)
  • Personal Financial Specialist (2017)
  • FINRA Series 7
  • FINRA Series 63
  • Texas Life & Health Insurance agent
  • Texas Property & Casualty Insurance agent

As a community member:

  • Assistant Treasurer, Fannin Terrace Baptist Church
  • Treasurer, Permian Basin CPA Chapter
  • Vice-President, Midland-Odessa Business Estate Council

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Contact Us

3300 North A Street
Building One, Suite 108
Midland, TX  79705

Phone: (432) 349-3706

Fax:  (432) 224-1090

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