Lately, regulators have given substantial attention to the retirement landscape of the American workforce. This scrutiny has resulted in significant legislation fo-cused on the investment industry and its responsibility to help encourage the American workforce to be better prepared for retirement. According to a recent article in Plan Advisor magazine, in order to be more effective and responsive to the long-term financial planning needs of the American public, the investment… Read More
Planning for the Next Generation
The financial advice industry has recently made advice for younger clients a hot topic. Almost every day someone writes an article about how to serve a younger demographic of client. However, almost all of these articles give a flawed reasoning for why this is an important focus point for a financial advisory firm. A typical line of reasoning in an article along these lines is as follows: “Baby boomers have… Read More
Blocking Out The Noise
It has been more than three weeks since, in surprising fashion, our country elected Donald Trump as the 45th President of the United States. Before the election many speculated that if Trump were to win the election, the stock market would certainly experience a downturn. As the vote tallies started to roll in the night of the election and the numbers were beginning to tilt toward Donald Trump, the US… Read More
Lifelong Disciplines
I enjoy listening to Andy Stanley, pastor of North Point Community Church in Alpharetta, Georgia. He shared the following principle in one of his messages: “There is a cumulative value to investing small amounts of time in certain activities over a long period.” This immediately resonated with me when I heard it. Think about how this principle is relevant in different areas of life. It’s true in the physical realm…. Read More
Uncertain Times Call For Perspective
While you are reading this, tens of millions of Americans are voting on our leader for the next four years. It is the culmination of possibly the most polarizing presidential election in recent years. The two major party candidates have the two worst favorability scores of any presidential candidates in our history and political party polarization is at levels not seen since the turn of the 20th century. We have… Read More
New Knees, New Relationships
Since my initial interview for a position with Master’s Advisors, there has been a purposeful focus on building relationships with our clients. It’s woven into who we are as a company. Though the years, I’ve witnessed advisors recall minute details of a client’s situation, financial plan or life circumstances. Truthfully, I’ve always been envious of such memory recall. However, I’ve come to the realization that, while memory recall is certainly… Read More
Blog Series: The Master’s Difference
As we conclude our blog series, “The Master’s Difference,” today’s blog will focus on Master’s unique approach to creating a personalized financial plan. The primary reason for using the services of a financial planner is to get objective opinions and advice regarding your entire financial picture. Your financial planner should understand your personal goals and objectives, your values, and the things that are most important to you. A financial plan… Read More
Blog Series: The Master’s Difference
Driving a high performance car can be an exhilarating experience, but no matter how much fun you have driving a car, the basic purpose behind driving is to get from one place to another. Although the driving experience can vary greatly depending on the car, any functional car can get you where you want to go. In the same way that the purpose of driving a car is to physically… Read More
Blog Series: The Master’s Difference
What do you think of when you hear the word firewall? If you are a “computer techie” or work in corporate IT, you’re probably thinking about keeping your computer or network safe. Those of you who work in commercial construction may be picturing a concrete wall that would delay a fire moving between adjoining buildings. Perhaps you’re a car guy like me. I’m picturing that important part of the car… Read More
Blog Series: The Master’s Difference
Over the next four blogs, we will focus on what we call “The Master’s Difference.” We will discuss how our views differ from many others in our industry and what that means for you as a client of Master’s.This post will focus on how our method of developing your financial plan differs from the method used by many in our industry. The financial services industry’s origins trace back to two… Read More
