It’s not every day that an investment advisor gives solid investing away for free. They often want you to become their client or provide personal information. Richard Dwyane Blair is not just any investment advisor. He has more than 23 years of experience in the investment field.
In addition, he’s been obsessed with helping his clients plan, invest and make the maximum amount of money for retirement. He’s developed a three-step plan called three pillars of investment planning. This plan allows Richard Dwayne Blair to look at his client’s financial situation and needs, then come up with a holistic plan. Here are the three pillars you need to know:
The first pillar is about current financial needs. This is where he will identify his clients risk tolerance, investment/retirement goals and opportunities for financial growth. He will also look at the strengths of your current finances. This allows him to gain an understanding of how your investment planning should go. He’s also looking for a deeper understanding of his clients:
- Client’s clear financial expectation
- Client’s financial goals
- Client’s financial concerns
The second pillar is devoted to developing an investment strategy that yields long-term and maximized results. This strategy is always based on the clients’ needs. Thus, one client’s investment strategy will never resemble another client’s investment strategy. Richard Dewayne Blair always reallocates assets to maximize results. He always does the opposite to minimize any loss the client may have in a downward market.
The third pillar takes a look at a client’s insurance needs. One way not to drain investments in an emergency is by having insurance. Insurance is a nice financial backup plan whether it is annuities, long-term care insurance or life insurance. Richard Dwyane Blair assess a client’s insurance needs and comes up with the best type of insurance to obtain.