When we think of investing and financial planning, much of the public persona is related to meeting with an advisor and deciding how to invest funds to achieve maximum results. It has been built into our culture. This includes how many firms operate, how it is portrayed in the media, and finally, what people think they need to do to secure their future. While investing is important, there is much more to wealth management and the value a firm like ours offers.
To build a true comprehensive plan, many different parts must be considered. Some of these are taxes, employer retirement plan laws, the economic environment, Social Security, and required returns. In addition, the personal goals, how we think about money, legacy planning, and the emotional and intellectual sides of things are extremely valuable to you and your plan. We don’t believe you can have one without the other, as it would be like finishing only part of a puzzle.
Our unique place in our clients’ lives allows for a relationship where we learn about all parts of the story. When there is a life event, we most often hear about it right away. When there is a sickness, marriage, or other cause for celebration, we are honored to be part of it and take the opportunity to help by providing solutions at vulnerable times. We have been pallbearers at funerals, assisted at the car lot with purchase decisions, been to retirement parties, and shared many journeys along the way. Plus, on the business side, we are also charged with not only providing everything we know but also understanding what the attorney, CPA, or other entrusted advisor is working for. It is truly an all-encompassing relationship and a strategy we do not take for granted.
So, when we think about what our business really means, it’s trust, sharing, and planning for the important things in this life, together. It’s about having processes that provide maximum success, helping people understand how money works in their life, clarity about the future, and a road map to get you there. Only then can we talk about the investments and how they can best work for you. That’s what our business really means.
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