When the markets are as volatile and confusing as they have been over the past several years, even the most patient investors may come to question the wisdom of the investment plan they have been following.
On top of that, life changes may have come their way, altering their financial priorities. They may be curious about different financial strategies or just want to make sure that their plan is still the best one for them. In order to stay committed to their plan, they need to have complete confidence that it is still working for them and taking them where they want to go.
If you can think of someone this would resonate with, a financial second opinion may be just what the doctor ordered.
A Financial Check-Up
What will a second opinion look like for your friend, colleague or family member? We’ll take the time to get to know them and their unique financial situation, ask them to outline their financial goals, and review their current plan/401k/investment portfolio/insurance, etc. so that we know where they stand, where they want to be, and so that we are on the same page with their objectives.
We can answer any questions they may have about the market, strategies, or basic financial tips and principles. Then, we can apply their concerns, ideas and aims to their current plan to see how everything lines up.
The Value Of A Second Opinion
Once we have a good overview of their financial picture, we will be able to reevaluate and readjust. If we think their investments, insurance, etc. continue to be well suited to their long-term goals despite the market turmoil, we’ll gladly tell them so and send them on their way.
If on the other hand, we think their plan no longer fits their goals, we’ll explain why, in a way they can understand. And, if they’d like, we’ll recommend some alternatives. It may be that minor adjustments are needed based on their age, current economic woes, or a change in priorities and plans.
It never hurts to take a second look at their financial plan to ensure that it is up-to-date, still applicable to all aspects of their life, and ideally suited to achieve their long-term dreams. Regardless of the outcome of our second look, they will have full confidence in us, in their decisions, and in their financial plan.
We Appreciate Your Referrals
Did you know that we are a referral-only firm? Over the years, we’ve built strong and long-lasting relationships with our clients who not only trust us to manage their money, but also trust us enough to refer their loved ones to us. We think the highest compliment you can give us is to let someone else know about your exceptional experience working with Mason & Associates. We value our clients and want to take the time to get to know each individual we work with on a personal level.
If you know someone who would benefit from a financial second opinion, send them our way and let us help them evaluate where they are now, determine where they would like to go, and address any gaps that may be apparent. Or, if you think you yourself would gain from a financial review, contact office today by calling us at (323) 254-307. We want to help you and those you love meet their financial goals and have confidence in their financial plan!
About Mason & Associates, Inc.
Mason & Associates, Inc. was founded in 1989, specializing in Life Planning for individuals, families and small businesses. Life Planning places a person’s core life values at the heart of the advice process and focuses on the human aspects of financial planning.
As a client, your personal story is key to our planning process. That is why we strive to build a close relationship that will encompass every aspect of your life. Together with our team of professionals, we guide you through the process of identifying what is important to you, your goals, your dreams. We then put into place a financial road map to set you on your way towards achieving your objectives.
Our responsibility does not end there. As you encounter bumps in the road, changes in goals or any other roadblocks, we are there to offer advice and guidance. We are there to celebrate your successes and cope with your challenges. We work alongside your other professionals such as your attorney and your CPA to be sure all of your legal and financial needs are aligned.