Re-Defining Values Based Life Planning

This month, I wanted to share some brief thoughts on a topic we have been thinking about and working on:

Re-defining Values Based Planning.

As we look at the evolution of the financial industry over the past few years, there has been a light shift toward a more holistic approach to wealth management. We applaud this effort. You may hear the term values based planning or comprehensive wealth, etc. While we have made this a cornerstone of our firm for many years, and just as much of the industry catches up, we believe it is time to take it to the next level.

Several years ago, I wrote a book titled “On the Back Burner”, which challenged the reader to give some thought to aligning the way we live our lives with those things that we feel are most important. It proved to be a good study and has been extremely valuable in starting great conversations with clients.

Since then, the world has evolved, and we have entered nothing short of a new paradigm. Not only are we thinking about what’s most important to us, but it seems our entire world structure is changing. How we spend our time, how we view the corporate world, and what we want our legacies to be are common themes we see over and over again. We believe now is the time to engage the conversation and re-define what values-based wealth management is. Aligning our values seemed cool at the time, but we have learned that there is so much more to the story.

In the near and mid-term future, expect to hear much more from us on where we believe the world is headed relating to all things money, and the role we intend to play as the world moves forward.

Investing involves risk. No investment strategy can guarantee positive results. Loss, including loss of principal, may occur. Material discussed is meant to provide general information and it is not to be construed as specific investment, tax or legal advice. Keep in mind that current and historical facts may not be indicative of future results. Diversification is an investment strategy that can help manage risk within a portfolio, but it does not guarantee profits or protect against loss in declining markets.

This content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. (C) Twenty Over Ten