This section includes short articles written by our advisors on current topics, as well as answers to questions asked at some of our client meetings. Blog topics range from delving into the nuts and bolts of an investment strategy or what to look for in an advisor, to understanding why estate planning is so important, and whether you will have enough savings for retirement.
One of the great things about being a financial advisor for 25 years is that you get to meet some amazing individuals. Unfortunately some of them pass away too soon. They may have been my clients, but it is often I who become the student, learning from their exemplary actions as well as a few cautionary tales. Though the individuals may be gone, their lessons live on. Here are some of the most important ones I’ve learned over the years.
Okay, we get it. When you were a student or had just entered the workforce, you probably had to live on a budget so tight that every dollar squeaked. Now that you’ve had a little time to get your career game going, you rightfully want to live a little – embark on a few adventures and maybe buy a nice thing or two. Isn’t that why you’re working so hard to begin with?
Welcome to 2017! Last summer, I launched our ongoing series of 25-year financial reflections – sharing part 8 today. While an early version of the firm got underway even sooner, February 2017 represents our official 25-year anniversary of The McClelland Financial Group.
You can’t judge a book by its cover … or its title. “Storyselling for Financial Advisors*” doesn’t sound like much of a read for the general public, but this compilation of quotes and anecdotes actually contains a lot of good ideas, like this one:
In the past several posts, I’ve been describing the benefits of achieving financial balance. All well and good, but if there’s one insight gained after 25 years in the business, it’s how quickly and frequently balance achieved can become balance lost – in life and your investment portfolio.
After 25 years of lifetime financial lessons learned, I’d like to think I’ve gotten pretty good at building and managing effective investment portfolios. I wish I could say the same for my hockey skills! Unfortunately, while I enjoy the sport immensely, I don’t think my Sunday night, three-on-three games will ever enable me or my fellow players to go pro.