Want to achieve your financial goals? Then you need and well prepared financial plan drafted on paper. Coming up with one can be quite hard, and this is one of the reasons to why most people opt to seek assistance from financial advisors.
In fact, the move is highly recommended. If you are living in Austin, Texas, then you are lucky because you can seek financial planning advisory from Richard Blair Wealth solutions.
About Wealth Solutions
Wealth Solutions is a financial consulting and management firm founded by Richard Blair. The company operates as Registered Investment Advisory (RIA). According to Blair, to achieve financial goals, you need a solid plan.
According to Bright Scope, Richard Blair Wealth Solutions provides advisory and guides people living in Austin on how to come up with a solid plan. To come up with the plan, the firm follows a three steps approach to help them realize the current state of the client, know what they need and assist them in planning to get it. These steps are;
The first component focuses on coming up with a roadmap of the client’s financial goals. It concentrates on the customers past, current financial position, their risk tolerance, and growth opportunities among others. By understanding the client’s history and current financial state, it is easy to predict the future and plan for it.
Pillar 2 is the second face of coming up with an investment strategy as well as the financial plan. At this point, the advisor will have a clear understanding of their client’s financial position and their goals. They work together to come up with a financial plan which mostly relies on the information they have provided.
The third pillar is the final stage where the client has goals and plan prepared. At this point, Richard advises the client on meeting insurance needs and guides them on where to get the best policy to cover everything.
Richard Blair is an experienced and qualified financial advisor with several certifications; CAS, RICP, CES, and CFS. He founded one of the most success wealth firm, Wealth Solutions in Austin, Texas, which gives extensive wealth solutions to a diverse clientele.