Richard Blair of Wealth Solutions is a successful business person from the United States of America. His mother and grandmother were both teachers, and from a young age, the two taught him the importance of confidence when it comes to acquiring knowledge and information.
He attributes his success to these two ladies. He is credited with the establishment of a wealth management foundation called Wealth Solutions. With this firm that is based in Dallas he has managed to establish himself as the most experienced advisor when it comes to wealth management and retirement process. He boasts of several qualifications that include the CFS, CAS, RICP as well as CES. Under his leadership, this firm has managed to operate as a RIA, meaning registered investment advisory. Following the years of experience, he has formulated the following financial plan for his clients.
The plan consists of three pillars. To make it in the financial world, Blair has the idea that a person needs to have a very solid plan. The three-pillar plan allows wealth solutions to develop a plan that suits every client that comes along. The first pillar allows the company to develop a comprehensive roadmap for the client.
According to Blair, the best way in going about this step is identifying the strengths of the client’s roadmap as well as its goals, growth opportunities and the risk tolerance associated with the roadmap. Richard says that the best way in coming up with such a plan is understanding where the client is coming from. By allowing the clients to participate in this step means that they will be able to follow the process without any difficulty.
According to Bright Scope that Richard Blair Wealth Solution said that the second pillar involves developing a long-term strategy for the investment need of the customer. This is the part that involves covering the liquidity needs of the company as well as the investment goals.
This is also the part where the company reallocates the various assets owned by the client to provide maximum performance for the portfolio being managed. The last pillar according to Blair is taking care of the insurance needs of the clients. This does not only take care of long-term care but also takes care of all annuities involved.
Since its inception in the year 1994, Wealth solution continues to offer unbiased advice to its client regardless of their origin, race, and size of the portfolio as well as their background. With the leadership of Blair, there is potential for growth and expansion.