Is an Investment Suitable for You?

When helping clients make financial decisions, I typically take into consideration many factors. These factors include age, investment experience, income, taxes, all other investments, investment time horizon, risk tolerance and liquidity needs. I also discuss clients’ estate planning and health care needs.

I spend lots of time discovering all these important aspects of my clients’ finances and their lives before making any recommendations. The full understanding of a client’s life situation and their specific financial needs and goals is the foundation of my relationship with every client. This is the main reason I never write about specific investments; it would be considered “blanket recommendation”.  A blanket recommendation is advice given by a financial advisor to all clients or a group of people without any consideration for individual differences.

This is also the reason you should carefully consider the financial recommendations given by financial pundits and TV personalities. Although general financial planning and investment practices might apply to everyone, specific financial and investment recommendations might not be suitable for all in the audience.

I also spend lots of time helping my clients articulate or attune to their values when making financial decisions. When you are clear about your values and always stay true to them, it makes easier for you to stay disciplined and commit to a long-term financial-planning and investment strategy that is aligned with your values. How you choose to use your money is a part of your legacy. When helping clients set up a living trust properly and decide how they want to transfer their assets to their beneficiaries, clients’ decisions are usually based on their core values. My clients want to pass on both assets and values to future generations.

How you choose to use your money reflects your value system. Your decisions related to the transfer of your assets to your beneficiaries will reflect these values, too. You are passing on both your assets and your values, and with this, you make it possible for your legacy to live on.

Click on “Services” on the top of page and check the areas of my practice. You may find an area in your finances that may need some improvement. Please click on the highlighted link to schedule a complimentary telephone or video conference consultation “Complimentary Investment and Estate Plan Check-Up”. I will be happy to talk to you.