Since 1994, broker Steven Orr has served as president and owner of his financial investment firm Orr Financial Group based in Victoria, Texas. In his down time, broker Steven Orr is a licensed pilot and flies one of the fastest piston airplanes in the world.
The difference between piston airplanes and regular airplanes is that piston planes have one or more piston-powered engines that connect to propellers. This provides the thrust the airplane needs to get off the ground and soar through the air. These types of planes typically fly at altitudes below 15,000 feet. Many of these planes seat one to six passengers and usually don’t fly further than 300 to 400 miles in one trip, making them an ideal choice for business travel.
Pilots and airplane owners should keep in mind that each piston plane has a magic number associated with it. Known as TBO (time between overhauls), this signifies the number of hours the engine manufacturer expects pilots can operate the engine before the engine needs to be taken apart and have its components repaired or replaced. Although the number varies, it is typically around 2,000 hours. However, pilots can extend the life of the engine by flying regularly, lubricating the cylinders, and monitoring the engine.
Bum Phillips Charities
As a broker and advisor for more than three decades, Steven Orr serves as president and owner of the Orr Financial Group located in Victoria, Texas. A strong proponent of helping the community, broker Steven Orr contributes to the Bum Phillips Charities.
Created by Bum and Debbie Phillips in 2010, the Bum Phillips Charities is a non-profit organization that supports Christian ministries. Although Bum Phillips passed away in 2013 at the age of 90, the charity continues with the help of his wife Debbie. Before he passed, the couple donated acreage from their Goliad, Texas, ranch to establish the Bum Phillips Retreat Center. This center hosts year-round activities and events, including pastoral gatherings and widow retreats.
One of these events is Bum’s Bunch Supper, which took place on January 28, 2017, at the Juniper House at the retreat center. Attendees joined Debbie Phillips and the family for supper, which included a wide range of food. Attendees enjoyed brisket, beans, homemade tortillas, a salad bar, and banana pudding, which was Bum’s favorite dessert. In order to attend the gathering, attendees were asked to make a $50 contribution to the charity.
University of Houston
A broker with more than two decades of experience, Steven Orr serves as president of Orr Financial Group in Victoria, Texas. Outside of his work as a broker, Steven Orr has taught several courses on investment strategies sponsored by the University of Houston, which is engaged in a campaign to raise $1 billion.
The University of Houston is moving toward its goal of raising $1 billion to improve its programs and continue serving as a hub of learning and research in Texas. Through this historic campaign, the university aims to instill in its students the knowledge needed to promote the future growth of industry in Houston.
The funds raised will create opportunities through scholarships and fellowships aimed at attracting academically talented students from diverse backgrounds. The university also plans to leverage donations to improve its athletics programs and maintain state-of-the-art academic buildings, such as the Multidisciplinary Research and Engineering Building. Donations may also lead to the creation of endowed chairs, allowing the university to attract and retain faculty and continue its legacy as a premier research institution.
An investor and broker with over 23 years of experience, Steven Orr serves as president of Orr Financial Group in Victoria, Texas. Steven Orr has also leveraged his experience as a broker to teach others about investment strategies at the University of Houston-Victoria (UHV), which shows its dedication to community service through a Day of Service as part of Volunteer Week.
In April 2016, UHV began its Volunteer Week with a Day of Service on Saturday. Through the event, 54 students volunteered at the Food Bank of the Golden Crescent, Adopt-A-Pet of Victoria, and Golden Crescent Habitat for Humanity.
Students who volunteered at the food bank organized the warehouse and prepared donations, while those who volunteered at Adopt-A-Pet cleaned the animals’ living areas and spent quality time with the animals. Finally, students who worked with Habitat for Humanity painted a house and replaced rotten wood. Through Volunteer Week, UHV also gave students the opportunity to prepare and service lunch at Christ’s Kitchen and spend time creating art with residents of Retama Manor South, an assisted living and nursing community in Victoria.
Financial Planning Association
For more than 20 years, Steven Orr has served as the president and owner of Orr Financial Group, based in Victoria, Texas. In this capacity, he helps clients worldwide develop strategies to build their overall wealth. In addition to his day-to-day work, Steven Orr is a longtime member of the Financial Planning Association.
The Financial Planning Association (FPA) recently rolled out a new joint initiative with T. Rowe Price. This new alliance will enable FPA members and certified financial planners to receive expert information from T. Rowe Price professionals, which they can in turn use to provide advice to their clients. The two organizations will also work together on enhancing investment education for certain FPA chapters. Local FPA chapters will have the ability to tailor how T. Rowe Price content merges with their own efforts.
In his comments, FPA President Shannon J. Pike, CFP said he hopes this partnership is the beginning of a long-term alliance between the two organizations. He also said that he believes initiatives such as these will help FPA members provide better services to their clients.