Case study #1: Keeping things simple...
A.B. and her husband sold their family business 10 years ago. Her husband passed away 6 years ago and A.B. has looked after her retirement portfolio since then. She didn't like how her advisor “farmed out” the investments to outside money managers, which resulted in a lack of coordination and duplicated stocks.
Her investments were complicated, difficult to keep track of and her advisor did not listen to her concerns.
Her accountant referred her to the Stan Clark Financial Team. She immediately appreciated how we listened, gave straight answers and kept things simple. She liked how we applied the principles of behavioral finance… a topic that made a lot of sense to her. She also valued how her investments are directly managed by us and we did not rely on outside mutual fund managers. Since working with us, she has more peace of mind and can spend time on things she enjoys – travelling and visiting grandchildren.
Case study #2: Succession and retirement planning...
D&D own an established, successful business which is now generating substantial cash that needs to be invested. In addition to seeking advice for their investments, D&D wanted to do succession and retirement planning so they can retire from their business in 10 years. With two children in high school, they wanted answers to questions such as: How much income can we expect in retirement? How much do I need to save each year? Do we have enough insurance for emergencies?
They were referred to the Stan Clark Financial Team by D's older brother who was already a long-time client. They were attracted to us because they saw a good fit in our proactive, analytical and clearly defined process. They really liked that we spent the time to get to know them and that our actions are in their best interest. This has allowed them to concentrate on growing their business and preparing for their retirement.
Case study #3: Doing the right thing...
R&S are both young dentists who have recently set up their practices and are starting to establish their savings. They admit they are not fully informed about investing and would rather spend their free time on things they enjoy. Despite their lack of interest, they did realize the importance of having a plan in place to ensure they are doing the right thing.
A good friend of theirs, who is a client, told them about our team. They were attracted to us for a number of reasons, but the main reason being they knew they could trust us to take care of the financial aspect of their lives. This trust was not only based on their friend, but also our diligence in getting to know them and what their goals were. Once they saw the foundations of our planning and investing approach, they knew that they could leave it to us and focus on what they are good at and what they enjoy.
