By Wealth Management Solutions
As you reflect back on the past five or ten years of your life, can you see how much has changed? Perhaps you can see proof of this in your relationships, the progress you’ve made in your career, or the way you’ve managed your finances. Change is an inevitable fact of life that requires flexibility—especially as it relates to your finances and the advice you receive from your advisors today. The new standard in financial advice is providing a level of care above the traditional investment advice of the past.
Our firm employs Accredited Investment Fiduciary® professionals that have received the additional education necessary to provide the higher level of care in the advice, planning, strategy, and governance needed in today’s more complicated world. This advanced fiduciary care applies to every advisory service executed between you and your advisor who holds this designation.
One of the biggest challenges we see is that many of us don’t take the time to regularly review our financial portfolios and strategies to ensure they align with our changing circumstances and priorities. Making financial decisions based on your current situation can be a good starting point, but it’s important to remember to update your portfolio periodically to take into account factors like switching jobs, having a child or grandchild, starting a business, or any other major shifts that may affect your finances. Taking the time to review your portfolio on a regular basis can enable your financial strategies and investments to be in line with your current lifestyle and goals.
If you’re nodding your head as you read this, here’s what we would like to offer as it relates to your financial goals: a cup of coffee and a second opinion.
Revisit Your Plan
We want to personally welcome you to come in and sit with us for a while. During our appointment, we’ll ask you to outline your financial goals and review your current plan/401(k)/investment portfolio/insurance, etc., so that we know where you stand, where you want to be, and what you are currently doing to get there. We will take the time to make sure we are on the same page with your objectives and help you avoid some of the biggest financial mistakes. We will listen to your story and learn both what makes you tick and what keeps you up at night.
It’s our goal to answer any questions you may have about the market, strategies, or basic financial tips and principles. Then we can apply your concerns, ideas, and needs to your current plan to see how everything lines up.
Discover the Benefits of a Second Look
Getting a second opinion can provide additional professional feedback about your current situation and goals. If we believe your investments/insurance, etc., continue to be well suited to your long-term goals despite the market turmoil, we’ll gladly tell you and send you on your way with the confidence that only comes from the independent confirmation of a knowledgeable second party.
If, on the other hand, we think your plan no longer fits your goals, we’ll explain why—in plain English. And, if you’d like, we’ll offer some suitable alternatives. It may be that minor adjustments are needed based on your age, current economic woes, or a change in priorities and plans.
Whatever the case may be, it never hurts to take a second look at your financial plan and ensure it’s up to date, still applicable to all aspects of your life, and ideally suited to successfully pursue your long-term dreams.
Regardless of the outcome of our second look, our goal is for you to have confidence in us, in your decision, and in your financial plan. We want our planning to build into your future.
And either way, the coffee is on us!
Our team at Wealth Management Solutions is available to provide a complimentary consultation to help you evaluate where you are now, determine where you would like to go, and address any gaps that may be apparent. If this sounds like something that could benefit you, simply schedule a complimentary call by contacting us at (949) 475-9700 or firstname.lastname@example.org.
About Wealth Management Solutions
The story of origin: Wealth Management Solutions was created in 2003, following the personal family tragedies felt by both partners of the firm. First, Richard Riva, the founding partner, lost his father unexpectedly and before any legacy planning was done that could have extended his family’s legacy beyond the fourth generation. Secondly, Martin Lombrano lost his father before plans and strategies were designed with the goal to protect his family’s wealth and legacy. Our partners and team members all share similar experiences due to a lack of planning for their families and are committed to our clients not experiencing the loss of their legacies due to a lack of planning. This is why we say: Our Planning; Your Future.
All investing involves risk, including loss of principal. No strategy assures success or protects against loss.
The opinions voiced in this material are for general information only and are not intended to provide specific investment advice or recommendations for any individual.