At Wealth Solutions, Richard Dwayne Blair uses a three pillar approach with financial planning. Wealth Solutions strives to provide retirement planning and wealth management within the Austin, Texas area. Richard Blair provides his community members with a financial map to guide them through significant events throughout their lives. In order to provide individuals with the financial map, Richard uses the Three Pillar Approach to assess the client’s financial situation and provide the best plan possible.
The first pillar is used to organize the client’s financial map. Richard Dwayne Blair starts by establishing a route for the client. He will look at things such as the clients goals, risks, strengths, and opportunities. By getting a better understanding of these qualities, Richard Dwayne Blair is then able to get a better understanding of the client’s goals and build a strong relationship between the client.
The second pillar is designed to create a long-term investment strategy is specifically made to fit the client’s goals and needs. Richard will then actively manage all client assets with the hopes of reaching a maximum performance during the market movement. During this time, he will strive to minimize any negative market periods that may affect the client. This performance is compared to client and company expectations as well as any historical data.
The third pillar is used to dispense growth and liquidity once the client’s goals have been established. Richard Blair with then take this opportunity to review the final steps with the client which are the insurance needs. Richard uses this time to prepare the clients for any financial issues that may arise with the life-insurance and annuities.
Richard Dwayne Blair is the Executive Owner of Wealth Solutions that is located in Austin, Texas. After graduating college, Richard started in the finical services industry in 1993. In 1994, he established his own firm known as Wealth Solutions. Since then, Richard has used his knowledge and experience to provide customers with some of the best financial planning services.