Most people always yearn for financial freedom but the problem is they don’t have an idea of how to achieve that goal. Sometimes it takes a professional to figure out what your financial need is and help you draw a proper roadmap towards your financial freedom. Wealth Solutions is an example of a company designed to help people who have money but lack adequate knowledge on how to invest it. Based in Austin, Texas, Wealth Solutions helps its clients to not only grow but also to protect and manage their assets.
Richard Blair is the Founder and CEO of Wealth Solutions. He is an experienced businessman with several professional and academic accreditations such as RICP, CFC, CAS, and CES. The company is run as a Registered Investment Advisory (RIA) company. Richard Blair believes that all everyone has a potential to create and multiply wealth. According to him, most people have the money but lack adequate knowledge of how to invest that money properly. As a result, he came up with strategies aimed at helping people from Austin, Texas to overcome that problem.
Wealth Solutions Financial Strategies
Richard Blair and his company have a three-pillar approach when it comes to assisting clients to invest in the right way. The approach is meant to assist the company to diagnose their client’s financial problems and help them come up with an effective solution. The approach also makes it easy to come up with tailor-made solutions to each client. The following are the three pillars used by Wealth Solutions
What the first pillar does is to help in dragonizing the major financial problem of a client. It is a stage where the company takes a look at the financial background of a client and determines ways of assisting him or her. Through that, the company is also able to understand a client’s strengths, goals and risk levels.
The purpose of the second pillar is to come up with a long-lasting strategy which caters to the needs of a client. The company at this stage helps to come up with the best investment plans where a client can reap maximum benefits.
This is the last pillar in Blair’s financial planning process for his clients. It is a stage where he takes care of the insurance needs of his clients which include annuities, long-term, and life insurance.
Richard Blair was influenced by his mother and grandmother to start providing financial solution services in Austin, Texas. He learned from them that teaching had a great impact on changing the lives of other people.