(Divorcees, Inheritance, Lottery, Business Sale)
The newly wealthy often are suddenly overwhelmed with unsolicited advice, financial planning tips, and various complex emotions that stem from the sudden acquisition of wealth. Usually, this results in feelings of distrust and fear of the true motives of others, even close friends and family.
Assembling a team that has your best interest in mind is vital, and one of the first things to understand is how your financial advisor is paid and whether they are a “fiduciary.” Fiduciary advisors are bound both legally and ethically to act in your best interests.
Investment Advisers are fiduciaries which means. As your fiduciary financial advising team, we can work with you to translate your inheritance or sudden windfall into sustained lifelong wealth. With the right team in place, you will protect and maximize your wealth so that it lasts as long as possible.
We will address important questions like:
- How should you invest your money so it lasts?
- How much can you afford to spend on a monthly basis?
- How can you avoid negative tax implications?
- What would you like to do with your wealth and are those things possible?
A well-thought-out investment strategy and financial plan can put your money on the path to success.