At Wealth Solutions, Richard Blair frequently works with affluent individuals, families, and small business owners who have accumulated assets during their career but aren’t sure how to manage them. Richard offers comprehensive wealth management strategies that may help clients appropriately build and protect their wealth.
Wealth management involves creating an investment portfolio that produces an appropriate diversification* based on the individual client’s needs and goals. Professional wealth management may provide investors access to investments they may not have otherwise, including a wide variety of traditional and alternative investment classes. Based on the client’s risk tolerance and financial objectives, Richard can develop a diversified portfolio that allows clients to actively participate in the markets without taking unnecessary risk.
Richard believes that the key to successful wealth management is collaboration. Serving as his clients’ partner on their path to wealth preservation, he understands and aims to deliver on the following:
Clients have personal and unique investing goals.
Richard is committed to listening to his clients’ goals in order to develop a customized plan that can help them pursue those objectives.
Clients seek advice they can trust.
Richard maintains a high degree of qualifications and sees the importance in continuing education when it comes to dispensing financial advice. He uses the latest insights from the tax, estate, legal, and financial fields to help his clients stay on the right path.
Clients need to be in control of decisions.
Richard works closely alongside his clients in order to provide them with insight into and knowledge about their investments. The goal of this is to arm his clients with the knowledge to make financial decisions, which may bring them peace of mind.
Clients want customized solutions, not generic products.
Richard only talks to his clients about what is important to them. Without any quotas to meet or proprietary products, he aims to provide his clients with a clearly understood strategy that helps them reach their personal and financial goals.
Clients want a simple way to transfer their accounts to a firm.
Richard understands how complicated it can be to transfer accounts. He will discuss any costs associated with becoming a client at Wealth Solutions up front so clients can make informed decisions.
Clients’ wealth is important to them and their family.
Richard understands that his clients have worked hard to accumulate their wealth. As a result, his focus is on presenting his clients with options to preserve their wealth through retirement and to leave a legacy to their family and loved ones. Utilizing a Three Pillars approach, Richard looks at a client’s entire financial situation and retirement needs in order to provide a more holistic plan.
*Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk.